People & Companies, January 31, 2025

• Stream Realty Partners has promoted Matt Asvestas to Managing Director of Office Leasing in its Houston office. In his new role, Asvestas will spearhead office leasing operations, oversee the firm’s training programs, and guide the team in pursuing new business opportunities. He began his career at Stream in 2016 as an Analyst.
• Dayton Street Partners (DSP) closed a full-building, 164,640-square-foot lease with deugro (USA), Inc. at its recently completed truck terminal at 2828 FM 1405 in Houston, Texas. The terminal is located on 47 acres in the Cedar Port Industrial Park. DSP acquired the land in 2022 and developed the property, the first speculative truck terminal in the greater Houston area. TGS Cedar Port Industrial Park is the largest master-planned, rail—and barge-served industrial park in the United States.
• Cushman & Wakefield has arranged the sale of Granite Point Business Center in Denton. Cushman & Wakefield’s Jim Carpenter, Jud Clements, Robby Rieke and Trevor Berry represented TA Realty LLC in its sale to High Street Logistics Properties. Located at 2300 Interstate 35W Frontage Road in Denton, Granite Point Business Center totals 145,000 square feet and is fully leased to four tenants that have been in occupancy of the property for an average of 13.5 years.
• MAG Capital Partners has purchased two logistics facilities in Hidalgo County in a sale-leaseback transaction with Commodities Integrated Logistics. Totaling 360,000 square feet on 23 acres in Weslaco, Texas, 2300 Sugar Sweet Ave. and 501 S Pleasantview Drive are 20 minutes east of McAllen.
• JLL Capital Markets completed the sale of Yellow Door Storage – Northgate, a 520-unit self-storage facility in the Greater Dallas Fort Worth-area community of Denton, Texas. JLL marketed the property on behalf of the seller, NorthBridge Realty Holdings, and procured the buyer, Extra Space. Completed in 2022, Yellow Door Storage is a 65,600-square-foot property, that’s currently 55.8% occupied. Yellow Door Storage – Northgate is located at 3020 E Sherman Dr. in Denton.

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