- Newmark announces the Company has arranged the sale of The Offices at Park Lane, a two-building, 230,691-square-foot office assemblage at 8070 & 8080 Park Lane, located in one of Dallas’ most coveted mixed-use destinations. Newmark Capital Markets Chris Murphy, Robert Hill and Gary Carr and Austin Sheahan represented the seller, Northwood Investors, in the sale to the buyer, DFWLAND.Â
- Morgan, together with Carlyle, broke ground on Pearl Lake Pointe, a new luxury apartment community located at 16435 Creekbend Drive in Sugar Land. Project financing was provided by Texas Capital Bank.​
- Hotel Daphne has opened within the historic Houston Heights neighborhood. The hotel comprises 49 rooms and suites, an all-day restaurant, picturesque courtyard, library, and lobby retail shop, with a ground-floor bar and lounge set to debut in early 2026. The destination restaurant, Hypsi, offers Italian-style fare. Hypsi is inspired by the private drinking clubs that thrived during the Heights’ dry days.
- PHP Capital Partners (PHP) made its fourth acquisition of 2025 with the purchase of the 115,000-square-foot Gateway Business Center, at 6005 Commerce Drive; 6015 Commerce Drive; 6000 Campus Circle Drive W; 6012 Campus Circle Drive W in Irving, just east of Dallas-Fort Worth International Airport. Panther FW Investments served as PHP’s capital partner on this acquisition.
-  JLL Capital Markets closed the sale of the Texas Tri-Pack, a three-asset industrial portfolio totaling 200,343 square feet located in Dallas-Fort Worth and Houston markets. JLL represented the seller, Circle Industrial, in the transaction, with BKM Capital Partners acquiring the assets. The portfolio comprises 11 buildings across three properties. The assets are currently 98% leased to 64 diverse tenants with an average suite size of 2,990 square feet. The properties were built between 1981 and 1986.
The post Texas People & Companies, December 12, 2025 appeared first on Connect CRE.
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