Triten, Radom Kick Off Redo Of Historic Heights Packing Plant: This Week's Houston Deal Sheet
Radom Capital and Triten Real Estate Partners broke ground on The Swift BLDG, a redevelopment of the historic Swift & Co. Packing Plant buildings that were built in 1917 and 1953.
The property is in the Houston Heights adjacent to M-K-T, a mixed-use district also developed by Radom and Triten. The Swift BLDG is a Houston Protected Landmark, and the development team is pursuing federal and state tax credits.
The Swift BLDG will have more than 30K SF of office space, 30K SF of retail space and on-site parking. Only three retail opportunities remain at the project, and retail leasing is being led by Barton Kelly and Sidney Whaley of Radom Capital. Office leasing is being spearheaded by CBRE’s Bubba Harkins, Jenny Sealy and Nina Seyyedin.
The team is collaborating with Michael Hsu Office of Architecture, Edgeland Group for landscape design services and Dally + Associates for structural work. Origin Bank will provide construction lending. Construction will be managed by Elysium Construction. Delivery is planned for the second quarter of 2026.
SALES
Junction Commercial Real Estate’s development and investment division purchased 10 acres at 5535 S. Shaver St. The firm plans to develop a 160K SF industrial distribution facility. Junction’s Reed Vestal, John Erck and Quade Towers represented the firm.
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Canyon Creek Real Estate acquired Westchase Park I and II, a 579K SF office campus. Westchase Park I and II, at 3700 and 3600 W. Sam Houston Parkway S., respectively, are on a 15-acre site and connected by an 8,000 SF amenity center with a cafe, conference center, fitness center and outdoor seating area.
Stream Realty Partners’ Matt Asvestas and Brian Strait will oversee leasing efforts. Stream will also handle property and construction management.
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A Florida-based LLC bought Right Move Storage, a 44K SF storage facility at 12220 Beechnut St. Marcus & Millichap’s Dave Knobler, Mixson Staffel and Charles “Chico” LeClaire represented the seller, a Texas-based LLC.
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HS Property TX3 LLC purchased 60K SF at 6450 Bingle Road. Stream Realty Partners’ Jack Rathe, Heath Donica and Tyler Maner represented the seller, Ram Interests LP. Bill Ginder with Caldwell Companies and Mike Catt with Kidder Mathews represented the buyer.
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Principal Asset Management and an unnamed state-sponsored pension plan acquired a 10-building, 96.7%-leased portfolio for an undisclosed price. The portfolio includes 2.1M SF of properties across New Jersey, Denver and Houston, the latter making up 34% of the portfolio.
JLL Capital Markets’ Trent Agnew, John Huguenard, Peter Merrion, John Plower, Patrick Nally, Charlie Strauss, William McCormack and Robert Key represented the seller.
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Houston-based real estate firm Pagewood and Long Wharf Capital, a Boston-based private equity firm, acquired Crossroads at Brittmoore, a 292K SF business park in Northwest Houston. The 20-acre infill, shallow-bay business park at 2121 Brittmoore Road is 91% leased.
The joint venture acquired the 13-building property from Abco Industrial Properties. Renovations are slated to begin this summer and be completed by Q3 2026.
Warren Hitchcock and Blane Eikenhorst with Northmarq represented Pagewood in securing new debt with Veritex Community Bank. Veritex was represented by Brent Reed and Aaron Glawe. Tyler Maner. Brandon Preece and Natalie Gilbert with Stream Realty Partners are leasing the project.
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Khowja Capital LLC purchased 47K SF at 6711 E. Highway 332 in Freeport. Stream Realty Partners’ Tommy Erwin represented the buyer. John Ferruzzo with KBC Advisors represented the seller.
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Dalfen Industrial sold Fairbanks Logistics Park, a four-building, 1M SF industrial campus in Northwest Houston, to Foxconn, the world’s largest contract manufacturer of electronics. The transaction marks another tech manufacturer entering the Houston market, a growing hub for advanced manufacturing and AI infrastructure.
The transaction was brokered on Dalfen’s behalf by Stream Realty’s Maner, Garret Geaccone, and Jeremy Lumbreras. Reggie Beavan and Joshua Brown of Newmark represented Foxconn.
Dallas-based Dalfen acquired the property off-market in September 2023. Foxconn expressed interest in acquiring the entire park shortly after executing a lease, according to a news release.
LEASES
Bayou Packaging Inc. leased 32K SF at 845 Greens Parkway. Stream Realty Partners’ Lumbreras and Abraham Richardson represented landlord Prologis.
CONSTRUCTION & DEVELOPMENT
Midway announced the topping out of CityCentre Six, the 320K SF office building coming to the CityCentre mixed-use district. The construction milestone means the structural framework is completed, while delivery is slated for spring 2026.
The building is being developed adjacent to a new half-acre urban plaza designed by OJB Landscape Architecture. The retail fronts and patios of CityCentre Six will extend into the landscaped plaza. Additional project team members include Harvey Cleary as general contractor, Kirksey as architect of record and Munoz + Albin as planning and design architect.
CityCentre Six is 65% preleased. Partners Real Estate's Office Agency Leasing team, led by Michael Anderson and Connor Saxe, is spearheading leasing efforts for the remaining spaces on levels three, 10, 11 and 12, which range from about 20K SF to 31K SF.
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Midway, in conjunction with 3Edgewood and Parkway, announced plans to revitalize the Post Oak Central development and rebrand it as Central Park Post Oak. The 17-acre campus has 1.2M SF of office space and 90K SF of pedestrian-oriented retail.
The redevelopment plan calls for renovated parking garages and more than 150K SF of mixed-use retail and restaurant space, with 60K SF of new construction. Two new retail buildings will be built along Post Oak Boulevard. The Henry, a Fox Restaurant concept, will open in fall 2026 at Central Park Post Oak, occupying 7,000 SF in a location along Post Oak Boulevard.
The project officially broke ground in April, with completion slated for fall 2026. In addition to Midway, the Central Park project team includes Page, OJB and Hoar Construction.
Within the past eight months, TDECU leased 125K SF in Central Park One and BBVA leased 20K SF in Central Park Two. Cushman & Wakefield is responsible for leasing the property.
FINANCING
PGIM Real Estate provided $78M in fixed-rate financing for an industrial freezer warehouse facility in Houston. The loan was provided to a joint venture between BG Capital and FreezPak Logistics. The 282K SF property has temperature-controlled storage for cold-chain logistics. PGIM’s Chris Porter led the financing.