Provident Industrial has completed the acquisition of Commerce 45, a two-building industrial portfolio in Hutchins, Texas. The assets, located at 1100 and 1150 E Cleveland Street, total approximately 1.5 million square feet and sit within the South Dallas submarket. The buyer plans to hold the Commerce 45 portfolio as a long-term investment, underscoring a commitment to industrial product in this key logistics corridor.
In the healthcare and life sciences arena, Avison Young has added industry veteran Scott Carter as a Principal. Carter will lead the firm’s Healthcare and Life Sciences platform for Texas, bringing more than two decades of experience focused exclusively on these sectors. His remit includes strengthening Avison Young’s specialized advisory capabilities across the region, drawing on his background in acquisitions, dispositions, and both tenant and landlord representation for medical office buildings throughout Texas.
Before joining Avison Young, Carter spent nearly 10 years as a Senior Vice President at CBRE. During that tenure, he concentrated on medical office building work, including investment transactions and leasing assignments for a range of healthcare clients. His move reflects the continued professionalization and specialization of advisory services in healthcare real estate across major Texas markets.
On the brokerage side, Cushman & Wakefield has named Kathrine Gillis as Director of Brokerage for the Dallas-Fort Worth market. Gillis transitions from CBRE, where she most recently led retail advisory for Texas and previously served as Sales Management Director for North Texas. Her experience spans sales management and retail-focused advisory work, providing Cushman & Wakefield with leadership that is familiar with both brokerage operations and market-facing retail strategy. Gillis is a graduate of the University of Alabama.
In multifamily investment activity, Haven Housing, the multifamily and affordable housing platform of BH Properties, has acquired Hays Park Apartments in Kyle, Texas. The garden-style community comprises 309 units and was approximately 90% occupied at the time of acquisition. The transaction adds to Haven Housing’s portfolio of multifamily and affordable housing assets, with occupancy suggesting an established resident base at the property.
Haven Housing was represented in the Hays Park Apartments transaction by a Walker and Dunlop team consisting of Kevin Dufour, Matt Pohl, Spencer Roy, and Forrest Bass. Their role included advising the buyer through the acquisition process. While financial terms of the deal were not disclosed, the representation underscores the continued role of national intermediaries in marketing and capitalizing multifamily assets in Texas.
Taken together, the industrial portfolio acquisition, the multifamily community purchase, and the senior leadership appointments at Avison Young and Cushman & Wakefield point to ongoing investor and advisory engagement across multiple property types and service lines in Texas. Industrial, healthcare, retail, and multifamily segments all saw notable activity, highlighting the breadth of demand and professional activity in the state’s commercial real estate markets.
