- According to Partners—The Houston retail market remained balanced in Q3 2025, with an overall average vacancy rate remaining at 5.6%. This stability is attributed to the balance between supply and demand, as net absorption for the quarter came in at 812,168 square feet, and the addition of 700,927 square feet of deliveries added to inventory. Leasing activity decreased 9.3% quarterly and was down 22.1% year-over-year. The construction pipeline decreased 11.2%, with 2.5 million square feet under construction in Q3. Meanwhile, the average asking rental rate marginally increased 0.3% to $20.49 per square foot from the previous quarter.
- Cushman & Wakefield announced that Nash Frisbie has joined the firm as a Director. Frisbie brings more than a decade of Austin commercial real estate experience to the firm and will play an integral role with expanding Cushman & Wakefield’s industrial agency leasing team in the region. Frisbie joins Cushman & Wakefield from Transwestern, where was a Vice President.
- St. John Properties developed Phase I of Leander Tech Park, a 50-acre mixed-use business community located 20 miles north of Austin. The company broke ground on two flex/R&D and two inline retail buildings totaling nearly 110,000 square feet of space.
-  JLL Capital Markets arranged the sale and financing of Sugar Park Plaza, a 95,032-square-foot, neighborhood retail center proximate to the Sugar Land, Texas, submarket. JLL represented the seller, and procured the buyer, Dhanani Private Equity Group, in an off-market transaction. JLL also arranged the five-year, acquisition financing on behalf of Dhanani Private Equity Group.
- Creation appointed Matt Bodzy as its mixed-use and retail principal, overseeing full-cycle development, portfolio growth and strategic execution of the firm’s mixed-use and retail projects across the nation. Bodzy, a Dallas native, is based out of Creation’s Dallas Design District headquarters. In this role, he manages Creation’s rapidly expanding mixed-use and retail portfolio, which includes upcoming Texas developments such as The Shops at MC820 in Fort Worth and the $1.3 billion Long Branch development in McKinney.
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