Newmark has announced the addition of Clint Frease as Vice Chairman to their team. In this role, Frease will lead Newmark’s debt capital markets efforts in Texas and the Central Region, while also providing national debt advisory for their Data Center Capital Markets team. He will focus on areas such as debt placement, structured finance, and loan sales from his base in Dallas.
Woodside Health recently acquired The Offices at Sweetwater located in Sugar Land, Texas. This medical office campus consists of four buildings with approximately 73,000 rentable square feet. Woodside Health is a private equity firm that specializes in investing within the healthcare real estate sector. Since 2008 they have successfully closed over $1.25 billion worth of transactions and acquired more than 3 million square feet of healthcare real estate.
KDC based out of Dallas has completed construction on a new distribution center for Oncor Electric Delivery Co., located in Midlothian,Texas.The facility spans over 422,000-square-feet and was built less than one year after breaking ground.Oncor is known as Texas’ largest electricity transmission and distribution company serving millions across the state.They believe this new center will help support their continued growth.
In Round Rock,Texas an H-E-B store near Greenlawn Boulevardand Louis Henna Boulevardwill undergo major renovations starting February2025 until November2025.The project totals just over $13 million dollars.This renovation aims to improve customer experience by modernizingthe store’s layoutand design.H-E-Bis committedto constantly improvingtheir storesfor customers’ convenienceand satisfaction.
JLL Capital Markets recently facilitatedthe saleof Remington Square,a three-building Class A office complex totaling392357squarefeetin Houston,Texas.JLL represented BGO,the seller,and helped secure Interra Capital Group,a Houston-based buyer.Remington Squarewas constructed between2008-2015,and sits directlyalong Beltway8at10603,10613,and10713 W.Sam Houston Pkwyin northwestHouston.
