Texas

ARCTRUST Private Capital and Edison Equity Residential broke ground on Serenova at Dripping Springs, a 175-residence, 55+ age-restricted community in Dripping Springs, Texas. The groundbreaking follows the August closing of the project’s construction loan, provided by North River Partners. This project follows the duo’s effort on Serenova at Woodforest, which broke ground in October 2025.  Located adjacent to …

Aquila is offering a 298K-SF Georgetown warehouse for sale/leaseback. The listing is for Building 5 in NorthPark 35, a 1.8 million-square-foot master-planned industrial park. The building at 1805 Aviation Drive sits on 19 acres. It was built in 2023. The project was originally developed and owned by Titan Development.  Aquila’s website says 108,467 square feet of …

King Yuan Electronics, a Taiwanese semiconductor manufacturer, paid nearly $80 million for a cleanroom facility in Fort Worth. The company acquired the 27-acre property at 273 W. Everman Pkwy. The Everman Parkway location is part of the Fort Worth South Business Park. The company’s first U.S. manufacturing plant would be an estimated $1.3 billion investment …

SAP, a global leader in enterprise software and business AI, has selected Addison to merge its North Texas operations, bringing approximately 1,000 employees from SAP’s office in Plano and SAP Concur’s office in Allen to Spectrum Center at 5080 Spectrum Drive. Spectrum Center consists of two 12-story Class-A office towers totaling 614,000 square feet. The …

Credit union Wellby Financial broke ground on a new five-story headquarters at Baybrook Center in Greater Houston’s Bay Area. The 102,246-square-foot campus will include a new member branch. Wellby’s administrative teams currently operate across nine locations. It will be located on 9.5 acres at 19130 Gulfbrook Drive near Baybrook Mall and Interstate 45. Designed with capacity …

Baylor College of Medicine has debuted its new Lillie and Roy Cullen Tower, a 503,000-square-foot medical education facility. The 11-story tower will become the new home of Baylor’s School of Medicine and School of Health Professions. Baylor reported reaching a $150 million fundraising goal for Cullen Tower. Construction began in May 2023. The development is the first phase …

Walmart is moving ahead on a $400 million distribution center in Cibolo, a San Antonio suburb. The company says work on the 744,000-square-foot store could begin early next year, with completion slated for the third quarter in 2029. ESI Group is designing the project. Commercial Search reports the city approved a 75 percent property tax …

Transwestern and NewQuest are advancing an approximately 101-acre mixed-use development in Kyle, Texas, that will bring together retail, hotel and multifamily uses. The duo has formed a joint venture and commenced construction on the retail portion of the development, Kyle Park, marking the next phase of the broader project. Retail will serve as the central aspect …