Cameron Sykes hired at Citizens State Bank

Cameron Sykes has over nine years of experience in community banking, working closely with small to mid-sized businesses in Austin and the surrounding areas. Prior to his current role at Citizens State Bank, Cameron spent his entire banking career at American Bank of Commerce, where he moved up the ranks from teller to Executive Vice President. He has an extensive knowledge of commercial real estate and local business and draws on the insights he gained in the early days of his career.

Chris Crowley hired at Citizens State Bank

Chris Crowley is joining Citizens State Bank with nearly 15 years of experience in community banking. Throughout his 15-year career, Chris has developed extensive expertise in commercial real estate, business banking, and supporting businesses across Central Texas. A fifth-generation Austinite, Chris brings a deep understanding of the local business environment and banking needs, allowing him to effectively support a wide range of business and asset classes.

S. Austin Streifert promoted to Senior Project Manager at CPM Texas

CPM Texas, an Austin-based CRE Development and Project Management Services firm, is pleased to announce the promotion of S. Austin Streifert to Senior Project Manager. Since joining the firm in 2023, Austin has consistently demonstrated exceptional performance, leadership, and a deep commitment to project success. His impactful contributions across several key projects reflect both his expertise and dedication to delivering outstanding results for our clients.

Marcus & Millichap closes sale of 11,228-square-foot retail center in Fort Worth

Marcus & Millichap closed the sale of Fossil Creek at Alta Mesa, an 11,228-square-foot, multi-tenant retail center in Fort Worth, Texas. 

Chris Gainey and Philip Levy, investment specialists in Marcus & Millichap’s Dallas office, represented the seller, a Dallas–Fort Worth-based developer, in the transaction.  

Fossil Creek at Alta Mesa is located at 6249 Altamesa Blvd., situated within the Tavolo Park development near the Bryant Irvin Road intersection. Built in 2023, the property is 100 percent occupied and sits on a 1.35-acre lot. It is fully leased to a mix of tenants including Meza Pizza, RevFit, Creek Liquor Wine & Cigar, Resort Nail Bar and Stretch Zone. 

Tavolo Park is a 468-acre, master-planned development featuring single-family and multi-family housing, a 100,000-square-foot medical office, hotel, retail, and lifestyle amenities including trails, parks, and a lake.

Dallas’ One Arts Plaza building lands three new tenants

Billingsley Company announced three new leases at One Arts Plaza, an office building and retail destination in the Dallas Arts District in Dallas, Texas.

Willow Bridge Property Company, a leading name in multifamily property management and investment, has leased 39,238 square feet and will occupy the entire 12th floor of the iconic Arts District office tower.  

Joining them is Lavazza, a global coffee brand with a growing U.S. presence, which has leased 1,842 square feet on the 9th floor. Lavazza was represented by Pat Madsen of JLL in the transaction.

Logistics Property Company, a national developer of logistics real estate, has secured 2,587 square feet on the 7th floorRenee Castillo and Vada Hayes of CBRE represented Logistics Property Company in the lease.

JLL Capital Markets closes sale of 194,919-square-foot office property in West Houston

 JLL Capital Markets arranged the sale and financing of Reserve at Westchase, a 194,919-square-foot, Class-A office property in West Houston, Texas.

JLL represented the seller, Transwestern Investment Group, in the sale of the property to DML Capital, LLC. Additionally, JLL worked on behalf of DML to secure insurance company financing for the acquisition.

Reserve at Westchase is located at 3250 Briarpark Dr. close to Beltway 8 and Westpark Tollway in Houston’s Westchase submarket. This area of the city is largely considered to be the new population center as West

Houston has grown more than 155% over the past 30 years, compared to 86% growth in the Houston metro. As a result, numerous corporations have relocated their headquarters here given the proximity to major thoroughfares and in-demand residential neighborhoods, including The Villages, Spring Branch, Briar Forest and River Oaks.

Originally built in 1999, the four-story Reserve at Westchase building has undergone significant renovations over the past five years. The property offers a recently built first-floor tenant lounge and conference center and a parking garage with 804 spaces. Reserve at Westchase is 76% leased to anchor tenants Mattress Firm, Yang Ming and Taylor Morrison.

The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Managing Director Kevin McConn.

JLL’s Debt Advisory team included Managing Director Michael Johnson and Director Michael King.