HOUSTON--Boyd Commercial LLC/CORFAC International has closed the sale of the 21-acre Houston property to Summer Street Retail LP, a business entity backed by Gulf Coast Commercial Group.

FORT WORTH--Dallas-based real estate equity firm RCP Properties LLC (RCP) and Ventures Development Group LLC have formed a joint venture to develop a 209-unit luxury apartment community within the Magnolia Neighborhood Empowerment Zone in the Fort Worth Medical District.

HOUSTON--JLM Commercial Advisors Inc. has negotiated a build-to-suit industrial lease located at Northwest Crossing Industrial Park in the Highway 290 corridor.

DALLAS—A favorable business climate with a diverse employment base makes Dallas an investor's playground.

AUSTIN—U.S. Real Estate Investment Fund LLC (US REIF), a subsidiary of Intercontinental Real Estate, has acquired Burnet Flats in central Austin.

DALLAS—Water Grill, a California-based, King's Seafood Co.-owned restaurant, will debut its first out-of-state location in Dallas next year.

HOUSTON--Stewart has announced that it has hired Genady Vishnevetsky as chief information security officer (CISO).

AUSTIN—World Class Capital Group is bringing RA Sushi to the table, adding another restaurant to the historic Spaghetti Warehouse building at the corner of 4th and Colorado streets that currently houses The Capital Grille.