What happened, and who moved.
Rudin has secured an agreement with JAMS, a provider of alternative dispute resolution services, to relocate its New York Resolution Center to 3 Times Square. The tenant will occupy 55,335 square feet across the entirety of the building’s top two floors. As part of the 11-year lease, JAMS is expected to move from…
Shopoff Realty Investments has sold a proposed 1.06-acre condominium development, Park Palm in Newport Beach, to Shea Homes for an undisclosed sum. The property is part of Shopoff’s master plan community, Uptown Newport Village, and is entitled for 23 townhomes. Shopoff acquired the 25-acre Uptown Newport Village…
NAI Capital Commercial executive managing director Ryan Campbell, SIOR, represented The Olson Company in its $24,850,000 acquisition of a 7.9-acre office campus at 601 Potrero Grande Dr. and 2100 Saturn St. in Monterey Park. The campus includes two office buildings totaling 120,191 square feet. The buyer plans to…
An office property in San Francisco’s South Financial District that’s home to software firm Docusign Inc. is hitting the market with one of the highest asking prices seen locally since the pandemic, the San Francisco Business Times reported. The 383,000-square-foot 221 Main St., owned by Pimco Prime Real Estate and…
Bell Partners has acquired Reading Commons, a 204-unit apartment community completed in 2006 and located in Reading, MA, roughly 30 minutes north of downtown Boston. The deal brings the multifamily investment manager and operator’s Greater Boston ownership and management portfolio to more than 1,450 units. Located…
Drever Partners announced the start of pre-leasing for Live Oak Apartments, a new apartment community offering a mix of studio and one-bedroom homes in the heart of Branson’s Theater District. Located at 3011 W. 76 Country Blvd., Live Oak Apartments transformed a former hotel into a residential community that…
Zenith Industrial Outdoor Storage, a vertically integrated industrial outdoor storage investment platform, in partnership with institutional investors advised by J.P. Morgan Asset Management, has closed on a $215-million senior secured credit facility with an accordion feature allowing for total commitments up to…
Quantum Real Estate Advisors, Inc. has brokered the sale of a five-property shopping center portfolio located throughout the Midwest. The properties are in Illinois, Ohio, and Wisconsin and consist of roughly 67,000 square feet. The portfolio featured a diverse tenant lineup, including local, regional, and national…
Colliers arranged the $18.4 million sale of Sunset Self-Storage, a newly constructed self-storage facility at 5514 152nd St. E. in Puyallup, Washington. Executive Vice President Jacob Becher and Vice President Nate Fliflet represented both the buyer, BVDSS Puyallup Owner LLC, and the seller, Mitchell RE Holdings…
Zoneomics, a zoning data and intelligence company, has launched Bassett.ai, an AI operating system for zoning and the built environment. Designed for real estate developers, urban planners, architects, brokers, lenders and legal teams, among other professionals, Bassett.ai is reportedly the first publicly available…
The Union Station Redevelopment Corporation (USRC) announced a new wave of food and beverage and retail tenants coming to Washington Union Station. Five newly signed tenants are expected to debut in the coming months, adding to the station’s mix of retail and amenities. This lineup of upcoming tenants includes…
Savills announced that Adams Street Partners, a private markets investment management firm, has signed a long-term lease for approximately 46,000 square feet at 120 South Riverside Plaza, relocating its headquarters from One North Wacker. The firm is expected to move into the new space next summer. The Savills team…
CBRE represented Weidner Apartment Homes in the sale of A’Cappella Apartment Homes, a 387-unit multifamily community in Lynnwood, Washington, for $112 million. Kyle Yamamoto, Eli Hanacek and Natalie Kasper of CBRE’s Pacific Northwest Multifamily team represented the seller. Built in 1989, A’Cappella is located at…
ColRich acquired Avia 266, a 267-unit multifamily community in Mesa, AZ, for $52.4 million, including the assumption of an existing HUD loan. The buyer intends to rename the property The Remy. The sales price comes out to just under $200,000 a unit. Geringer Capital was the seller. Geringer paid $45.25 million for…
Comstock Holding Companies announced the signing of a 77,000-square-foot office lease with QTS Data Centers at 1800 Reston Row Plaza in Reston Station. The long-term lease encompasses the entire 11th, 12th, and 13th floors of the building. Blackstone owns QTS Data Centers, an independent data center operator.…
Salad and Go, a made-to-order fast-casual spot dishing up salads, wraps and breakfast options, has filed for Chapter 11 bankruptcy and revealed all locations will close down immediately. Founded in Gilbert, the chain has more than 60 stores in Arizona as well as a large distribution center on 27th Avenue in…
JLL Capital Markets said Wednesday it had arranged the $1.625-billion sale and financed a significant portion of the portfolio of an 11-property, 3,620-unit multifamily portfolio spanning Southern California’s most supply-constrained submarkets. The transaction by Camden Property Trust represents the largest U.S.…
JLL Capital Markets completed two Austin, Texas, transactions with Cousins Properties. JLL arranged the sale of Research Park Plaza V, a 172,854-square-foot office building in Austin’s Northwest submarket, and secured a preferred equity placement for 5th & Walsh, a 198,000-square-foot Class A office and retail…
Texas Christian University, American Campus Communities(ACC), and The Beck Group, marked a key topping out milestone for an on-campus residential development. The new residential community will deliver more than 2,500 beds across a mix of modern first-year residence halls and townhome-style housing for sophomores.…
Summa Terra Ventures and M13 Construction obtained a $50 million construction loan for Vic Centre Apartments, a 268-unit Class A multifamily community in Fort Worth. Concord Summit Managing Director David Larson and Director Keegan Burger arranged the financing on behalf of the project sponsor. The financing was…
Brook Farm Group refinanced The Sinclair at Callaway Farm, a 388-unit, Class A multifamily community in Covington, Georgia. The $73 million refinancing from Prime Finance replaces the initial construction loan and preferred equity investment from the project’s inception in 2023. The refinancing was facilitated by…
JLL and Sterling Bay announced a $213 million refinancing for 360 North Green, a newly constructed, 500,000-square-foot office tower in Chicago, Illinois. JLL worked on behalf of the borrower, institutional investors advised by J.P. Morgan Asset Management and Sterling Bay, to secure the three-year loan from…
Centric Development and Sage Equities traded five senior housing communities in Atlanta for $147 million. The buyer was not disclosed. The buyer is retaining the incumbent operator, Claiborne Senior Living, to manage the communities. The portfolio consists of 611 units and 701 beds of assisted living and memory…
A joint venture between Prosper Group and Belgium’s Versluys Group closed on a three-parcel assemblage for $50 million. Vaster provided a $30.5 million acquisition loan. The off-market site was acquired from Two Roads Development and Newgard Development Group. The assemblage is located at 66 SW 6th Street, 625 SW…
RIVANI purchased 404 Washington, an 8-story mixed-use office and retail property positioned at the gateway to Miami Beach’s South of Fifth neighborhood. The Trump Group was the seller. Comprising nearly 61,000 square feet of office and retail space, 404 Washington occupies the corner of Washington Avenue and Fifth…
AmTrustRE has signed the New York City Taxi and Limousine Commission (TLC) to 39,000 square feet at 250 Broadway for its new headquarters. Occupancy is expected in Q1 2027. “We’re proud to welcome the Taxi and Limousine Commission to 250 Broadway as they establish their new headquarters,” said Jonathan Bennett,…
Resource Realty of Northern New Jersey arranged the sale of a high-utility, standalone industrial facility located at 36 Pine St.in Rockaway, NJ. The transaction was brokered and finalized by firm Principals Greg Sabato and Scott Peck, who represented the buyer, Commerce Park Investors. The property encompasses…
JLL Capital Markets closed the $23.5-million sale of 1150 Broadway, a residential development site in the Bedford-Stuyvesant neighborhood of Brooklyn. The team of Brendan Maddigan, Steve Rutman, Mike Mazzara and Ethan Stanton represented the seller, A-PLUS International Realty, and negotiated directly with the…
Related Midwest announced the start of leasing for the North Tower of 400 Lake Shore Drive, the 72-story residential tower in Chicago’s Streeterville neighborhood. Once complete in March 2027, the 857-foot high-rise will deliver 635 rental apartments. “This is more than a residential tower; it is a revitalization…
Colliers completed the $8,500,000 sale of a multifamily complex located at 1775 Beloit Av. in West Los Angeles. Vice chair Kitty Wallace represented both the buyer, UCLA Housing Group, and the seller, Enterprise Bank. The sale was completed through a court-appointed receivership process. UCLA Housing Group plans to…
Hanley Investment Group Real Estate Advisors and Progressive Real Estate Partners arranged the $2.64-million sale of a renovated, single‑tenant AutoZone in Bakersfield. The building, originally constructed in 2013, underwent a full renovation in 2025 and is leased to AutoZone on a new 15‑year triple-net lease. EVP…
Marcus & Millichap (closed the sale of 915 Johnfer Way, a 34-unit multifamily property in Sacramento. The property sold for $5.6 million or $164,705 per unit. Marcus & Millichap Capital Corporation (MMCC), a subsidiary of Marcus & Millichap, secured $3.7 million in acquisition financing on behalf of the buyer.…
Cushman & Wakefield arranged $5.34 million in acquisition financing on behalf of Onicx Health Care Real Estate for Crossroads Medical Pavilion, a one-story, 34,680-square-foot medical office property in Tennessee, approximately 10 miles north of Nashville. Tyler Morss of Cushman & Wakefield’s Healthcare Capital…
JPMorganChase is following up its recent financing of the 105-unit Sophie Maxwell Building in the Power Station redevelopment within San Francisco’s Dogpatch neighborhood by providing nearly $200 million in financing for a new 342-unit residential building at Power Station. The financial services giant announced…
Calare Properties completed the sale of 1 Wesley Street in Malden, MA. The approximately 103,300-square-foot property includes a fully renovated self-storage facility, a fully leased industrial warehouse building and a retail kiosk. Calare and Equity Resource Investments were joint venture partners on the…
Daniel Management Group (DMG), a Chicago-based real estate firm focused on multifamily investment and management, has been awarded a new management assignment for The Quarry. The property was developed by Sterling Hall Capital and offers 154 luxury apartments in Fox Lake, Illinois, a northwest Chicago suburb. The…
St. John Properties, Inc. announced the sale of a 13.52-acre parcel to The Home Depot, marking a significant milestone for Lexington Exchange, its 140-acre mixed-use business community in Maryland. St. John Properties’ Alex Lyons, Assistant Vice President, Acquisitions and Bill Holzman, Senior Vice President,…
BXP announced the signing of an approximately 112,000-square-foot, 10-year lease renewal with Davis Wright Tremaine LLP (DWT), a national law firm, at Madison Center, a 760,000-square-foot workplace in downtown Seattle. DWT’s renewal comprises the entirety of floors 29 through 33. DWT was represented by Michael…
Manhattan’s legal sector office leasing volume totaled 3.57 million square feet in the first half (H1) of 2026, marking the strongest first-half leasing period on record for the sector, reported Colliers. It was also 66.0% above the H1 2025 total of 2.15 million square feet, the previous midyear high, and more than…
Wafra Inc., a New York-based alternative investment firm, announced the acquisition of Brownsburg Logistics Park Portfolio, a three-building industrial portfolio totaling 899,080 square feet in Brownsburg, Indiana. Funds advised by Wafra are acquiring the assets from a venture between Scannell Properties, an…
Two vacant office buildings near Costco’s Issaquah headquarters could be converted into 262 apartments instead of corporate workspaces. The empty properties are being targeted for residential reuse. Vintage Housing, a Newport Beach, California-based developer, is looking to convert 410,848 square feet of vacant…
Savills Plc has completed its acquisition of Eastdil Secured LLC, for an enterprise value of US$1.1125 billion (approximately £827 million). The proposed acquisition was announced this past March. Eastdil Secured will be rebranded to “Eastdil Secured Savills” with immediate effect and will continue to operate its…
BXP announced that TekSynap has signed a long-term lease for a full floor totaling 26,500 square feet at Reston Town Center, BXP’s 5 million square foot mixed-use destination in Northern Virginia. TekSynap is an IT Mission Systems integrator and technology solutions provider serving federal civilian, defense, and…
Even as lenders have gotten back into the market for commercial real estate debt sources, they remain choosy and stringent. At the upcoming Texas Multifamily 2026 in-person event set for August 13 in Dallas, a panel of lending experts will provide conference attendees with insiders’ perspectives on how deals are…
A few months ago, the Denver Broncos revealed that they had chosen Burnham Yard as their new stadium site. The team has now released renderings of what the site will look like once the one-time rail yard is converted into a mixed-use development. Below, the 58-acre former turntable at the former railyard sits at…
The former 174,500-square-foot Fry’s Electronics building at the corner of U.S. 75 and President George Bush Turnpike is now a co-warehousing facility that can accommodate more than 160 companies. The Dallas Business Journal reports WareSpace Plano offers private warehouse suites ranging from 200 to 2,000 square…
KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have acquired a portfolio of four prime UK logistics assets from PLP for approximately £170 million (US$228.5 million). Comprising assets in Stafford, Crewe, Ellesmere Port and Wakefield, the portfolio totals 1.25 million square feet.…
Talonvest Capital secured a $47.6 million permanent loan on behalf of The Jenkins Organization and Clark Investment Group for a six-property self-storage portfolio located across five high-growth Texas markets, including Austin, McKinney, Frisco, Houston (shown) and Bee Cave. The institutional-quality portfolio…
KDC and Pillar Commercial have formed a partnership to develop One Bethany North, a new planned Class A office project in the Watters Creek Office Park in Allen, Texas. The Watters Creek Office Park is a 17-acre, multi-phase, Class A corporate office park with two existing buildings, and One Bethany North on the…
Charles Schwab Corp. is investing millions into an extensive renovation of a nearly 84,000-square-foot office space in north Scottsdale where the firm is planning a major Arizona expansion. The Dallas Business Journal reports the financing services company filed a permit for $11.7 million in tenant improvements at…
Hines has plans for a mixed-use development called The Gallery, which will include a 250,000-square-foot office tower; a 19-story, 302-unit multifamily tower; and 50,000 square feet of retail use. The project in SouthPark will replace a single-story retail building at 6601 and 6555 Carnegie Blvd., which currently…
GMH Communities (GMH), in partnership with AEW Capital Management (AEW), completed land acquisition for the development of a 20-story, 382-unit luxury residential mixed-use tower, ANOVA The Pearl, located within The Pearl innovation district in Charlotte, North Carolina. The property is anticipated to open for…
Kamson Corp. paid $90.5 million for a 400-unit condominium complex in West Palm Beach, with plans to convert the units into apartments. An Institutional Property Advisors team consisting of Luke Wickham, Shelton Granado and Justin Basquill, along with Evan Kristol from Marcus & Millichap, brokered the sale. “The…
The Richman Group closed on $225 million in permanent financing across three fully stabilized Florida luxury multifamily communities–each in excess of their original construction loans. The refinancing deals, totaling $107 million for The Marc in Palm Beach Gardens, $72.5 million for Everly in Naples, and $45.5…
Prologis, Inc.’s pursuit of UK-based industrial landlord Segro plc has paid off with the Segro aboard agreeing Tuesday to terms of an acquisition. The all-stock deal values Segro at approximately US$18.8 billion. For San Francisco-based Prologis, which had sought a takeover since at least early 2024, the…
Fashion brand Veronica Beard has renewed and expanded its headquarters lease at 26 W. 17th St. in Manhattan to approximately 60,000 square feet, growing its footprint by 15,000 square feet. It now will occupy the entire second, third, fifth, sixth, seventh and eighth floors. The CBRE team of David Stockel and…
Paladin Realty Partners LLC, has expanded its growing workforce rental housing portfolio in Southern California with the recent acquisition of Brownstone Apartments, a 17-unit apartment community located in Bellflower. Built in 1967, the property has nine one-bedroom units, seven two-bedroom units and a studio…
Walker & Dunlop, Inc. arranged a $137.5-million refinancing for 12 Halsey, a newly completed Class A mixed-use multifamily property located in Brooklyn’s Bedford-Stuyvesant neighborhood. Walker & Dunlop Capital Markets Institutional Advisory advised EJS Group and Hope Street Capital in arranging the three-year,…
Institutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving the company’s institutional clients, closed the sale of Terramonte at Foothill, a 138-unit multifamily asset in Pomona. The $36.7-million sale price represents $265,942 per unit. “The sale is one of only four 100-plus-unit,…
BFC Partners and SAA Canopy Group have closed on a $269-million construction loan to transform the long-standing Parkside Commons housing complex on Syracuse’s East Side. The project will deliver a total of 393 affordable apartments through a combination of renovated and newly constructed housing. “Our mission at…