Stream Realty Partners broke ground on Summit Grove Business Park, a two-building, 217,120-square-foot industrial development at 21737 and 21811 Holzwarth Road in the North Houston submarket.

Strategically positioned near the crossroads of the Grand Parkway and Interstate 45, Summit Grove Business Park offers distribution tenants immediate access to some of Greater Houston’s fastest-growing suburban areas, such as Spring, The Woodlands, Conroe, and Tomball. Surrounded by a strong population and labor pool, as well as an array of nearby amenities, the development will deliver modern, institutional-quality space tailored to small to mid-sized tenants, meeting demand for local last-mile distribution and regional service operations.

Set to deliver in the summer of 2026, Summit Grove Business Park will feature two rear-load buildings, each equipped with ESFR sprinkler systems, two ramps, and ample parking. Building One will span 125,600 square feet with a 32-foot clear height and 47 dock-high doors, while Building Two will include 91,520 square feet with a 36-foot clear height and 31 dock-high doors. Together, the buildings provide flexible configurations for users ranging from 8,500 to 125,000 square feet.

Stream’s Industrial Development Services team leading the project includes Executive Managing Director & Partner Justin Robinson, Senior Director Tyler Wellborn, Associate Director Kristina Gibson, and Craig McKenna. Leasing efforts will be overseen by Managing Director Tyler Maner and Vice Presidents Grant Wisenbaker and Abe Richardson, while Stream’s Investment Management professionals involved include Portfolio Manager Mustafa Ali and Associate Tricia Larsen. The project team also includes EE Reed as the general contractor, Ware Malcomb as the architect, and Halff as the civil engineer.

CenterPoint Properties invested in a brand-new, Class-A distribution facility at 15277 Heritage Parkway in Fort Worth, Texas.

The fully leased building is the national industrial firm’s first in Fort Worth and eighth in the Dallas-Fort Worth area, where its portfolio now tops 2.3 million square feet.   

Rives Nolen, CenterPoint’s Central Region senior vice president of investments, said the drivers of his team’s interest in the investment were its “incomparable combo of features and location” at what he calls “the front door” to the coveted Alliance area of the North Fort Worth industrial submarket.

The 103,803-square-foot food-grade distribution facility is fully air-conditioned, features a 32-foot clear height, 27 dock-high doors, a drive-in, and an ESFR sprinkler system.

The more than 8-acre property accommodates parking for over 120 cars and features enhanced security, including fencing surrounding the entire building and a guard shack to help monitor the site’s single ingress/egress point.

Alliance is one of DFW’s strongest industrial areas, having seen a net absorption of more than 2 million square feet in 2025 alone. Overall, CBRE reports DFW had its 60th consecutive quarter of positive absorption in Q3 2025.  

CBRE National Partners represented the seller.

Oxford Properties Group acquired two retail assets in Austin, Texas – Wolf Ranch Town Center and Lakeline Plaza – through a newly formed joint venture. The investment marks Oxford’s first transaction with Pine Tree and represents its entrance into the US open-air retail sector.

The retail portfolio spans one million square feet and includes two strong performing, grocery-anchored shopping centers which are home to some of the most recognizable national retailers in the US, including Target, TJ Maxx, Best Buy, Ulta Beauty and more. Aligned to Oxford’s conviction in high-quality, well-located assets with positive long-term supply and demand fundamentals, Wolf Ranch and Lakeline Plaza are both 99%+ leased and benefit from high visitor traffic driven by their strategic positioning in the Austin market.

The city of Austin continues to experience robust population and income growth, fueling consumer spending and thereby reinforcing Oxford’s conviction in the resilience and growth potential of the properties. Located at one of the Austin region’s busiest intersections, Wolf Ranch is a ~633,000 square feet open-air retail center in Georgetown that attracts over seven million annual visitors. Lakeline Plaza, southwest of Wolf Ranch, spans ~386,000 square feet at a core retail intersection in Cedar Park and features a strong mix of national brands and necessity-based retailers.

By entering the US open-air retail market, Oxford acquires assets in a sector that is durable and buoyed by a lack of supply, offering significant downside protection amid economic headwinds.

The acquisition of this two-property portfolio in the Austin metropolitan area – where Oxford has an existing presence in the residential and industrial sectors – builds on Oxford’s established global retail business that spans nearly 10 million square feet and represents ~$8.8 billion AUM. Known for attracting best-in-class retailers and achieving industry-leading performance, Oxford’s retail properties are visited by over 100 million people annually from across the globe. This includes flagship retail assets in the Greater Toronto Area which consistently rank as continental and national market leaders, according to the International Council of Shopping Centers (ICSC).

Pine Tree will operate the shopping centers on behalf of the joint venture, leveraging its proven 30-year track record of investing in, managing, and creating value across a diverse portfolio of retail assets across the US through multiple market cycles.

The transaction was brokered by Kyle Minter and Conor Lalor of Newmark.