New York People and Company News, Week of July 17, 2026

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Citi Prices Largest Single Bank-Contributed, Multi-Only CMBS Conduit Deal Since GFC

South Florida Retail Markets Show Sub-5% Vacancy

Archer Aviation Leases 501K SF Tech Campus Near San Jose

Air taxi developer Archer Aviation leased a 501K SF technology campus in Morgan Hill, California, south of San Jose. Santa Clara-based Archer Aviation leased the newly built five-building Cochrane Technology Center at 18105-18265 De Paul Drive, The Mercury...

Americans Splurge Online and at Vehicle Dealers, instead of Buying Homes? YOLO? Retail Sales without Gas Stations Jump for 5th Month

Chicago/Midwest People & Company News, week of July 17, 2026

JLL announced the appointment of Ann MacDiarmid as executive vice president, retail corporate services, where she will serve as transaction management practice lead. Based in Chicago, MacDiarmid is responsible for overseeing and growing JLL’s transaction management service offering within retail corporate services,…

California People and Company News, Week of July 17, 2026

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Meridian Arranges $186M Financing for Asbury Park Condo Project

Meridian Capital Group arranged $186,000,000 in construction financing for Lido Oceanfront Residences, a new luxury condominium development located at 1201 Ocean Ave. N. in Asbury Park, NJ, on behalf of Inspired by Somerset Development. The loan was provided by Madison Realty Capital and was arranged by Meridian’s…

JLL Completes Sale of Kansas City MOB Portfolio to Montecito Medical

JLL has completed the sale of a fully leased, four-property medical building portfolio in the Greater Kansas City area. JLL worked on behalf of several different physician groups, Orthopedic Health of Kansas City, Kansas City Urology Care PA and Sunflower Medical Group, to complete the off-market sale to Montecito…

Capital Arrives in the Sunbelt for the Right Multifamily Deals

For the past two years, the multifamily market in the Sunbelt states has struggled with record unit deliveries, rising interest rates and softening rent growth. While those factors remain in play, many investors are starting to see opportunities amid supply overhang and sluggish rent growth. Rather than avoiding…

Essex Closes 33-Unit Albany Park Multifamily Transaction

Essex Realty Group and Essex Capital Markets announced the closing of Wilson Manor, a 33-unit multifamily property located at 3348 W. Wilson Avenue in Chicago’s Albany Park neighborhood. The property sold for $7.6 million, a $200,000 premium over the listing price. Originally renovated in 2008, Wilson Manor offers…

Prologis Beats Expectations With Record Leasing and Data Center Growth

This is a news item from Commercial Observer published on July 16, 2026, reporting on Prologis' financial or operational performance, noting record leasing activity and growth in its data center business.

What Poland’s Adaptive Reuse Projects Can Teach Developers

A new ULI report identifies five characteristics shared by successful mixed-use redevelopments of former factories, breweries, shipyards, and other industrial sites.

Transamerica Pyramid Center Scores Leasing Success Under New Ownership

YODA PLC announced the completion of more than 113,000 square feet of new leasing activity at Transamerica Pyramid Center. The seven transactions have been completed since the beginning of 2026, including five since YODA acquired the redeveloped property in March from a SHVO-led ownership group. “The leasing…

KLNB Represents Chinese Restaurant Concept in National Harbor Lease

KLNB announced that restaurant brand Nan Xiang Xiao Long Bao has opened its new location at 180 American Way in National Harbor. KLNB Principal Josh Weiner represented Nan Xiang Xiao Long Bao in securing the lease, in collaboration with Jerry Johnson of Bennett Williams Retail, who served as co-broker and master…

Cybersecurity Firm PKI Solutions Opens New Downtown Portland Office

PKI Solutions has relocated its corporate headquarters to downtown Portland, occupying a larger space at 1000 SW Broadway. The company cited gaining new customers and users, as well as expanding its team, as factors in moving to the new space. PKI Solutions provides software consulting, training, professional…

JV of Synergy, Axonic Acquires Downtown Boston Office Tower

Locally based Synergy and New York-based Axonic Capital have acquired 265 Franklin St., a 21-story Class A office tower in Downtown Boston. The acquisition marks the first joint venture between the two firms. The seller was Clarendon Properties and the acquisition price was $116 million, according to the Boston…

Texas People & Companies, July 17, 2026

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Bradford Allen Closes On 25K SF of Leases with Illinois Retina

Bradford Allen has executed two recent leases with Illinois Retina in the Chicago market. The medical services provider signed a 16,228-square-foot lease in Skokie, Illinois and an 8,728-square-foot lease in Munster, Indiana, 30 miles southeast of Chicago. Craig Nadborne, executive managing director, brokerage…

Wellpointe Plans $2B Affordable Senior Living Complex in Warner Center

Wellpointe Inc. unveiled plans for Viva L.A. at Warner Center, a four-phase, 100% affordable senior housing community at 6400 Canoga Ave. in Warner Center’s downtown district. The development represents a total estimated investment of $2 billion at the 4.71-acre Woodland Hills site that a Wellpointe…

Live Shopping Marketplace Storefront Takes 5K SF at 555 West 25th Street

This is a news item published by Commercial Observer in July 2026 reporting on a leasing transaction in which a live shopping marketplace storefront leased 5,000 square feet of space at 555 West 25th Street. The item is classified under leasing activity and capital markets coverage.

NYC Council Approves Monitor Point and Six Other Housing Developments

Greystar Sells Virginia Apartment Tower for $216M

Southern California Retail Investment Jumps 62% in First Half of 2026

This is a market news report published by Commercial Observer in July 2026 covering retail investment activity in Southern California during the first half of 2026, noting a 62% increase in that period. The report addresses capital markets and retail sector trends with geographic focus on California and national context.

AI Firm Isara Laboratories Inks 6K-SF Lease at 515 West 20th Street

This is a news article published by Commercial Observer in July 2026 reporting on a leasing transaction in which AI firm Isara Laboratories signed a lease for approximately 6,000 square feet of space at 515 West 20th Street in New York.

Multifamily Market Sees Strongest Demand Since Mid-2024 As Asking Rents Dip

National multifamily net absorption reached its fifth-highest quarterly total in nearly 25 years, even as median asking rents continued to decline.

1 In 10 NYC Cooling Tower Checks Find Legionella-Linked Violations

A vast majority of cooling towers in New York City have been out of compliance with city health laws over the past decade, which could complicate the city's response to its second major Legionnaires’ disease outbreak in as many years. Since 2017,...

TSMC To Invest An Additional $100B In Phoenix Chipmaking Facilities

Taiwan Semiconductor Manufacturing Co. is investing an additional $100B in manufacturing in the U.S., bringing its total investment commitment to $265B. The additional investment will mean four more advanced semiconductor manufacturing facilities, bringing...

Sutter Health Pays $57.5MM for 27-Acre Former Ikea Site in Dublin

Health system’s cash purchase closes a decade-long land fight and adds another parcel to its expanding Tri-Valley footprint Sutter Health has picked up a 27-acre parcel at the interchange of Interstate 580 and Hacienda Road in Dublin that spent more than a decade tied up in a failed bid to bring an Ikea superstore…

Quanta Computer Leases 210,000 SQFT Prologis Building in Fremont

AI server maker’s bet on Prologis-built space highlights how power capacity, not just square footage, is now driving Silicon Valley’s manufacturing real estate boom Quanta Computer Inc. is locking down more ground in the city that has become Silicon Valley’s factory floor for the AI boom, agreeing to lease a nearly…

REBNY Slams Rental Ripoff Report as Painting Industry with “Broad Brush”

Mayor Zohran Mamdani on Thursday issued the Rental Ripoff Report, a package of 23 tenant protection recommendations. The Real Estate Board of New York (REBNY) responded with a statement from President James Whelan saying that the administration “continues to paint property owners with a broad brush, unfairly…

Contractor Taps Port of Brownsville for $3.2B Military Contract

A drone-boat startup plans to use the Port of Brownsville as its base for a $3.2 billion military contract. Saronic Technologies Inc. was selected over a competitor in the Bay Area of California. The company bills it as a next-generation shipyard for building advanced autonomous vessels. Saronic plans to break…

Cushman & Wakefield Arranges $59M for Luxury DC Multifamily Property

Cushman & Wakefield has arranged a $58.6 million refinancing for The Ellington, a 190-unit luxury multifamily property with more than 16,000 square feet of retail space at 1301 U Street NW in Washington, D.C. The Cushman & Wakefield Equity, Debt & Structured Finance team of John Alascio, Alex Hernandez, Marshall…

Florida People & Companies, July 17, 2026

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Phoenix-Area Tribe Inks Deal with Industrial Developer for 1M-SF Warehouse Facility

Majestic Realty Co. and the Salt River Pima-Maricopa Indian Community (SRPMIC) have agreed to a 99-year ground lease that will serve as the foundation for a new, light industrial project serving the Community and the greater Phoenix metro area. With an anticipated groundbreaking in 2027, the development is expected…

New York City Hotels Are Still Struggling to Regain Pre-Pandemic Numbers

This is a market report published by Commercial Observer in July 2026 examining the hotel sector in New York City and its recovery trajectory relative to pre-pandemic performance levels. The report addresses capital markets and hospitality sector dynamics in New York.

Nuveen Green Capital Supplies $101M C-PACE Loan for Newark Studios

Tishman Speyer Hires Former Prologis Exec Joseph Ghazal to Lead International Growth

This is a news article published by Commercial Observer in July 2026 reporting on an executive hiring announcement at Tishman Speyer, a real estate firm. The article covers the appointment of Joseph Ghazal, a former Prologis executive, to a leadership role focused on international expansion.

Catholic Homes Secures $147M Construction Loan for Bronx Housing Development

AI Infrastructure Manufacturer Building 400K SF Projects In Pearland

Applied Optoelectronics Inc. began construction on two adjacent projects in Pearland that will add nearly 400K SF of manufacturing capacity.

JD.Com Buys £147M London HQ: The London Deal Sheet

The Deal Sheet is a weekly compilation of Greater London and beyond's biggest leases, sales, financing deals, construction updates and personnel moves. Have news you’d like to submit? Email mark.faithfull@bisnow.com. BlueFive Private Wealth and General...

Brookhaven Apartment Tower Sells For $101M As Investors Target Prime Atlanta Properties

A New Orleans-based investor paid one of the highest prices for an Atlanta apartment tower this year as more companies shell out top dollar for new and well-located multifamily projects in the metro area.

Pending Home Sales Plunge to Near-Record Low in the Data, Hit Low in the West. Since then, Mortgage Rates Rose Further

This is a news article published by Wolf Street in July 2026 reporting on pending home sales data, noting a decline to near-record lows nationally with particular weakness in the West region, in the context of rising mortgage rates.

Florida's Rising Unemployment Is a Migration Story, & So Is the CRE Exposure

Florida’s unemployment rate rose to 4.8% in May, up from 3.7% a year earlier, one of the largest increases of any state and the highest Florida reading in nearly five years. The rate has continued to climb and now sits above the national unemployment rate of 4.3%.

Building Resilience: 5 Megatrends Redefining Corporate Real Estate

Colliers research examining five megatrends reshaping corporate real estate and how organizations can leverage these factors for more resilient long-term decision-making in an era of accelerating uncertainty.

Hospitality Market 2026: Investors Spotlight on Lifestyle Hotels

Colliers research examining lifestyle hotels as a key growth category attracting investor attention in the 2026 hospitality market.

New Housing Law Pushes Institutional Landlords Toward Build-to-Rent

New federal law bans large investors from buying existing homes, pushing capital toward build-to-rent as institutions begin selling scattered-site portfolios. The post New Housing Law Pushes Institutional Landlords Toward Build-to-Rent appeared first on Propmodo . ]]>

Harvest Properties Buys 485,000 SQFT Palo Alto Office Campus for $163MM, 44% Below 2019 Price

Pasadena REIT’s exit from aging Greater Stanford campus underscores the depth of the Bay Area’s office repricing An affiliate of San Francisco-based Harvest Properties has closed on two aging office and research buildings in Palo Alto’s Greater Stanford submarket for a price that lays bare how far Bay Area office…

INDUS to Open 75,000 SF Headquarters Facility in Middleborough, Massachusetts

MIDDLEBOROUGH, MASS. — INDUS, a locally based roadway rehabilitation and pavement preservation contractor, will open a 75,000-square-foot headquarters facility in Middleborough, located south of Boston. INDUS purchased a parcel within The Campus at Canopy Drive, an approximately 700,000-square-foot development…

NAI Miami | Fort Lauderdale Brokers $6.6M Sale of Industrial Site in Medley, Florida

MEDLEY, FLA. — NAI Miami | Fort Lauderdale has brokered the $6.6 million sale of a 2.6-acre industrial site located at 7501 N.W. 72nd Ave. in Medley, about 14 miles northwest of Miami. Locally based Tekton Construction Corp. purchased the site from the seller, an entity doing business as 7501 Medley Civil LLC.…

Partnership Sells 49,650 SF Industrial Complex in Carrollton, Texas

CARROLLTON, TEXAS — A partnership between Birtcher Anderson & Davis Associates and Belay Investment Group has sold a 49,650-square-foot industrial complex in the northern Dallas metro of Carrollton. The two-building property at 1415-1425 Whitlock Lane was fully leased at the time of sale. Stream Realty Partners…

Robins & Morton Tops Out $563M BayCare Hospital Manatee in Palmetto, Florida

PALMETTO, FLA. — General contractor Robins & Metro has topped out BayCare Hospital Manatee, a $563 million hospital underway in Palmetto, a city in Southwest Florida’s Manatee County. Situated one mile from the junction of I-75 and I-275, the 450,000-square-foot hospital will offer 154 beds in private patient…

LanCarte Commercial Negotiates 24,000 SF Industrial Lease in West Fort Worth

FORT WORTH, TEXAS — Local brokerage firm LanCarte Commercial has negotiated a 24,000-square-foot industrial lease in West Fort Worth. The tenant was not disclosed. The space is located across two newly constructed buildings within Wilks Development’s 200-acre Markum Business Park. Sarah LanCarte and Finn Wilson of…

Packaging Company Signs 1 MSF Industrial Lease in Justin, Texas

JUSTIN, TEXAS — An undisclosed packaging company has signed a 1 million-square-foot industrial lease in Justin, located north of Fort Worth. The space spans a full building within 114 Logistics Park and features 40-foot clear heights and “significant” car and trailer parking allotments. Nathan Lawrence and Krista…

Pennrose, HSTF Break Ground on 55-Unit Affordable Housing Redevelopment in Boston

BOSTON — A partnership between Pennrose and the Hyde Square Task Force (HSTF) has broken ground on a 55-unit affordable housing redevelopment in the Jamaica Plain area of Boston. Designed by DiMella Shaffer, the project will convert the former 71,000-square-foot Blessed Sacrament Church, which was built in 1913 and…

Marcus & Millichap Arranges Sale of 33,744 SF Retail Center in Prairieville, Louisiana

PRAIRIEVILLE, LA. — Marcus & Millichap has arranged the sale of Commerce Centre, a 33,744-square-foot retail center located at 17097 Airline Highway in Prairieville, about 18 miles southeast of Baton Rouge. Built in 2015 on four acres, the multi-tenant retail center features 14 suites that were 72 percent occupied…

Marcus & Millichap Brokers Sale of 250-Room Hotel in East Syracuse

EAST SYRACUSE, N.Y. — Marcus & Millichap has brokered the sale of a 250-room hotel in East Syracuse. Opened in 1977 and renovated in 2016, the DoubleTree Syracuse is located in the Carrier Circle area and comprises a central building that houses public spaces in addition to four-story and seven-story guestroom…

Capital Square Sells 2000 West Creek Apartments in Richmond for $115M

RICHMOND, VA. — Capital Square has sold 2000 West Creek, a 373-unit apartment community in Richmond, for $115 million. The locally based company purchased the property in 2019 in a Delaware statutory trust program (DST) for $103 million, giving the trust’s 115 exchange investors a 137 percent total return and more…

Fairbanks Morse Defense Signs 71,350 SF Industrial Lease in Wrentham, Massachusetts

WRENTHAM, MASS. — Fairbanks Morse Defense, a provider of maritime engineering and manufacturing solutions, has signed a 71,350-square-foot industrial lease in Wrentham, located along the Massachusetts-Rhode Island border. The space is located within the 176,800-square-foot building at 315 Green St., which features…

EōS Fitness to Open 40,000 SF Gym in The Woodlands, Texas

THE WOODLANDS, TEXAS — EōS Fitness will open a 40,000-square-foot gym in The Woodlands, about 30 miles north of Houston. EōS will join Elite Pickleball Club and Slick City Action Park as anchor tenants at Dudley Sports Plaza, located at the corner of FM 1488 and Kuykendahl Road. NewQuest represented EōS in the…