Recent activity across several Texas markets reflects continued movement in office and retail real estate, with new leadership appointments, leasing momentum and an office sale closing. In Houston, Lee & Associates has added Blaine Sinclair as Director in its office, where he will focus on expanding the firm’s leasing platform and growing the Houston office’s portfolio across major submarkets. Sinclair, who will represent landlords and investors, brings more than 15 years of commercial real estate experience to the firm.
In San Antonio, JLL announced two leadership changes within its local office. Jeff Miller has been named San Antonio Market Lead, while Brian Kates has been selected to head the firm’s Office Tenant Representation group. Both executives have spent more than a decade with JLL and are expected to apply their industry experience to these expanded responsibilities, reinforcing the firm’s presence in San Antonio and the broader South Texas region.
Houston’s office leasing market also saw notable activity at The Towers at Westchase, a two-building Class A office campus in the city’s Westchase submarket. Stream Realty Partners reported that more than 53,000 square feet of new leases have been completed at the property. The most recent transaction involves a Houston-based construction firm that committed to 23,488 square feet at Towers at Westchase II, with the tenant represented by Bryant Lach and David Endelman of JLL. Additional leasing includes International Trip Planning Services, which took 16,900 square feet at Towers at Westchase II with representation by Travis Taylor of Lee & Associates, and Network Funding, which leased 12,750 square feet at Towers at Westchase I.
In the Greater Houston area, The Signorelli Company reported new leasing progress at Valley Ranch Town Center in New Caney, Texas. The company announced five new lease agreements totaling more than 11,000 square feet, bringing occupancy at the retail center to 97%. New tenants joining the more than 100 existing retailers and restaurants at the property include Wells Fargo, Starbucks, Qargo Coffee, Nick the Greek and Baskin-Robbins.
On the investment sales side, Marcus & Millichap brokered the sale of 8333 Royal Ridge Parkway, a 44,104-square-foot Class A office building in Irving, Texas. The property, built in 2000, is located on 3.6 acres within the Las Colinas/Freeport business park and is occupied by Berkshire Hathaway and American Airlines Federal Credit Union. Marcus & Millichap’s Joseph Jaques and Ron Hebert held the exclusive listing to market the asset on behalf of the seller and also sourced the buyer, described as a Texas-based owner-user.
