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Colliers brokered the sale of Humble Commerce Center – Building 2, a 55,900-square-foot warehouse facility son 2.4937 acres at 17520 Eastex Freeway Road in Houston, Texas.
Robert McGee, Taylor Schmidt, and Austin Bartula of Colliers represented the seller, Urban Eastex, LP, while Sinem Arikan and Barkley Peschel of Colliers represented the buyer, ELLAXA, in the transaction.
Located along the U.S. 59 (Eastex Freeway) corridor, the property offers excellent visibility and direct freeway access in one of northeast Houston’s most active industrial markets. The site’s proximity to Bush Intercontinental Airport and major regional distribution routes made it an attractive option for both investors and users seeking functional warehouse space in a high-demand location.
JLL Capital Markets negotiated the sale of the NxNW Houston Class A Logistics Portfolio, a three-property industrial portfolio totaling 1,020,722 square feet of premier logistics space strategically positioned across Houston’s North and Northwest submarkets.
JLL represented the seller in the transaction. An Ares Real Estate fund (“Ares”) acquired the asset. Marq Logistics, which represents Ares’ vertically integrated global logistics real estate platform and is a leader in the development and operation of modern logistics facilities, will manage the portfolio.
The portfolio comprises six recently constructed industrial buildings with an average vintage of 2016 and is currently 95% leased to 10 tenants. The three properties include Central Green Corporate Center (516,134 square feet), North Houston Logistics Center Building G (351,400 square feet) and West Little York (153,188 square feet), offering diverse industrial configurations including cross-dock, rear-load and inverted front-load capabilities with clear heights ranging from 26 to 36 feet.
The properties are strategically located to capitalize on Houston’s growth dynamics, with Central Green Corporate Center positioned within a master-planned business park just six minutes from George Bush Intercontinental Airport and offering direct access to Hardy Toll Road. North Houston Logistics Center Building G benefits from direct Interstate 45 frontage, while West Little York sits in the heart of Houston’s Northwest submarket growth corridor near Highway 290. The portfolio’s locations provide exceptional connectivity throughout the Houston metropolitan area and access to the broader Texas Triangle region, which encompasses over 25 million residents within a five-hour drive radius.
The JLL Capital Markets team representing the seller included Senior Managing Director and Industrial Group Leader Trent Agnew, Managing Director Charlie Strauss, Director Lance Young, Senior Analyst Brooke Petzold and Analyst Dawson Hastings.
JT Magen completed new office space for BRR Architecture at 3218 Manor Road in Austin, Texas.
JT Magen served as construction manager for the 4,117-square-foot buildout, overseeing all aspects from budgeting and scheduling, procurement of materials, managing subcontractors and conducting the final handover. JT Magen collaborated with the rest of the project team – architect / interior designer BRR Architecture and MEP engineer Salas O’Brien – to deliver a functional, collaborative space that met BRR Architecture’s needs.
BRR Architecture is a national architectural design firm with more than 60 years of experience designing spaces that elevate the everyday experience. The company collaborates with clients across multiple sectors, including retail, hospitality, industrial, mixed-use, multifamily, and office environments. BRR opened their Austin office in 2016. After almost a decade, the firm was ready to expand into a larger space to accommodate its growing team.
The open plan office space spans one floor of the building and features a mix of workstations and private offices, a flex room, a plot room for large-scale drawings, meeting and conference rooms, and a breakroom. A custom hand-painted mural that blends community and office culture and a full kitchen breakroom make the space inviting and unique.
Investors remain eager to sink their dollars into commercial real estate as 2026 begins. But uncertainty over tariffs, interest rates and high construction costs are preventing more from pulling the trigger on deals.
That’s one of the big takeaways from Coldwell Banker Commercial’s 2026 Outlook Report, a deep dive look at commercial real estate trends in the United States.
According to Coldwell Banker Commercial’s report, commercial real estate activity increased in the second half of 2025. But overall transaction volume remains low as 2026 begins.
The hope for this year? Coldwell points to the looming refinance wave — citing $957 billion in maturities — as a possible catalyst for fueling a jump in CRE transactions in 2026.
Other key findings from the report? Here’s what Coldwell Banker Commercial pointed to as some of its most interesting:
Interest is high, closings are not. Investor and user interest has increased, but tariffs, interest rates, and elevated construction costs continue blocking transactions. Owners/users are paying premiums and entering bidding wars to secure growth space.
Smaller properties are hot in growth markets. Coldwell Banker Commercial reports significant price increases for small spaces across retail, office and industrial in markets with strong population and wage growth. Land activity is elevated as residential developers compete with data center and logistics users for properly zoned sites.
Economic warning signs emerging. Unemployment hit 4.4% in November 2025, its highest level in four years. Despite strong consumer spending, consumer confidence is declining, likely because of high personal debt and persistent inflation.
Transaction volume up, but unevenly. Total U.S. CRE volume reached $385.7 billion through October 2025, up 13% YoY (MSCI Real Assets). Development sites, office, retail and senior housing outperformed, while multifamily and industrial lagged.
Cap rate spreads widening. Multifamily cap rates are lowest at 5.6%, industrial at 6.4%, and office highest at 7.5% (Real Capital Analytics). Retail cap rates dropped 60 bps over six months, while industrial rose 40 bps.
John Nicholson joined the Houston office of CBRE as Vice Chairman. In this role, Nicholson will focus on representing industrial users across the Houston market.
Nicholson has more than 20 years of industry experience and joined CBRE from Colliers where he served as Vice Chairman and Principal. His professional journey also includes impactful tenures as President of Douglas Development Partners, Executive Managing Director at Cushman & Wakefield and Senior Vice President at Transwestern. Throughout his career, Nicholson has successfully completed more than 800 transactions, totaling over $2 billion in value. Nicholson has consistently been ranked as a top producer in the Houston market and received the 2024 NAIOP Broker of the Year, NAIOP Industrial Deal of the Year, and HBJ Landmark Deal of the Year awards.
Nicholson attended Southern Methodist University and the University of Houston. He is an active member of SIOR (Society of Industrial and Office Realtors), underscoring his dedication to excellence and professionalism in the brokerage community. Beyond his commercial real estate achievements, Nicholson’s unique background includes being a second-round pick in the Major League Baseball Draft by the Colorado Rockies.
Tony has been promoted to Senior Associate at Rise Commercial Partners where he specializes in tenant representation, identifying strategic opportunities for the firm and its clients. Tony’s clients include Shipley Do-Nuts, Swig, AFC Urgent Care, Great Clips, Rush Bowls, LaundroLab and more.