Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Texas People & Companies, May 22, 2026
- Centennial’s long-time founder and CEO, Steven Levin, retires on June 30 and is succeeded by President Paul Kurzawa. Levin will continue in an advisory capacity over the next 12 months to help ensure a seamless leadership transition and will continue entrusting Centennial with the management of his portfolio properties, including The Shops at Willow Bend. Kurzawa joined the Centennial team as president in 2024.
- CBRE facilitated the sale of Bellaire Medical Plaza, a 57,988 square-foot medical outpatient building at 5420 Dashwood Drive in Houston, Texas, to Edloe Ventures. Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof, and Jesse Greshin of CBRE U.S. Healthcare Capital Markets partnered with Brandy Bellow Spinks and Max Lozmack of CBRE’s Houston Healthcare Leasing team, along with Scott Carter, to act as the exclusive advisors to the seller.
- Avison Young negotiated a 10-year, 61,861-square-foot industrial lease on behalf of the tenant, Flow Control Group, at 3550 N. Highway 161 Building 2 in Grand Prairie, Texas. Avison Young’s Mike B. Kennedy and Chet Hall represented FCG, a major North American distributor and service provider. The landlord, Molto Properties, was represented by Kacy Jones, Steve Koldyke, and Brian Gilchrist of CBRE. Built in 2024, the space will serve as both an assembly and warehouse facility for FCG, with full move-in anticipated for July 1, 2026.
- JLL Capital Markets arranged the sale of Firethorne Plaza, a strip retail center at the gateway to one of Katy, Texas’ most sought-after master-planned communities. JLL represented the seller. The buyer was Phillips Edison & Company. The 29,986-square-foot retail center is 100% leased and includes 14 tenants with a strong mix of national, regional and local operators.
- Legacy MCS, a Texas-based multifamily and build-to-rent general contractor, has completed two major build-to-rent communities in Hutto, Texas, further expanding the company’s presence in one of the fastest-growing corridors in the Austin metropolitan area.
Read More News Stories About: CBRE
- ◦Sale/Acquisition
- ◦People
- ◦Recruitment
