What happened, and who moved.

Foxlink Group purchased Alliance Gateway 17 at AllianceTexas in Fort Worth, Texas, where the company will establish a new PCBA manufacturing operation. The 147,780-square-foot facility at 4600 Alliance Gateway Freeway is expected to create approximately 900 jobs at full capacity. The Group integrates AI-driven…

Dallas Cowboys owner Jerry Jones’ real estate company sold one of its towers. The 313,417-square-foot office tower at 17 Cowboys Way was purchased by Hobbs Brook Real Estate, the real estate investment arm of FM Investment. The Dallas Business Journal reports the 11-story building, owned by Blue Star, is currently…

Diversified Partners is advancing a new 24-acre mixed-use development at the southeast corner of Ironwood Road and Ranch Road in San Tan Valley. The project includes approximately 25,000 square feet of proposed retail space and an approximately 50,000-square-foot medical building, which is under contract with…

Trepp Inc. has reported mixed data on CMBS distress levels lately. The volume of private-label securitized loans that are at least 30 days late declined by $3.49 billion, or 3.7%, in June. Conversely, while the volume of CMBS delinquencies shrunk to $43.98 billion, or 7.35% of the overall CMBS universe, the volume…

A venture between Formation Interests and Crescent Real Estate has broken ground on Phase II of Formation Park 10, a 261,168-square-foot industrial development in Goodyear, Arizona. The three-building expansion follows the completion of Phase I and will bring Formation Park 10 to nearly 689,000 square feet of…

Sterling Organization acquired Merchants Walk, a 271,992-square-foot, Whole Foods Market-anchored shopping center in Marietta, Georgia. Sterling Organization acquired the property from EDENS, an owner, developer, and operator of open-air retail and mixed-use properties, for $93.2 million. The investment was made on…

Terra completed Phase One of Upland Park, a $1 billion transit-oriented community that will transform West Miami-Dade County’s Dolphin Park-and-Ride Transit Terminal Facility into a 47-acre mixed-use community with residential, retail, and commercial uses. The newly delivered first phase of the project comprises…

Walton Communities has sold off Walton Lakes, a 305-unit, market-rate multifamily community, and The Legacy at Walton Lakes, a 126-unit, 55+ LIHTC community, both in Atlanta. Clark Ventures was the buyer. The buyer was able to assume HUD financing for Walton Lakes. JLL represented the buyer on the affordable…

Marcus & Millichap closed the sale of Redwood Meadows, a 101-unit senior multifamily property located at 1475 Baechtel Rd. in Willits. The property sold for $10.8 million, or $106,931 per unit. “Senior housing communities with stable occupancy and long-term growth potential continue to attract investor interest…

Roselle Grande, a 119-unit garden-style apartment community located at 220-250 W. Sumner Ave. in Roselle Park, NJ, has changed hands for an undisclosed price, in a transaction arranged by SAGE Real Estate Advisors. The firm’s brokerage team of partners and co-founders Steve Tragash and Greg Pine, alongside…

The Durst Organization and The Port Authority of New York and New Jersey announced that Mercor has signed a lease at One World Trade Center for 25,550 square feet on the 77th floor. The term length was not disclosed. With this agreement, One World Trade Center is 97% leased and Mercor joins the growing community of…

In the post-pandemic years of 2023 and 2024, many in commercial real estate believed that although the economy wasn’t great and there wasn’t much money to be made, “survive until ’25” was a mantra to live by. “Unfortunately, we all survived to ’25 and then nothing had happened,” Walker & Dunlop chairman and CEO…

Shuttered since the pandemic, the historic Cinerama Dome in Hollywood and surrounding 14-screen movie theater are set to reopen under the management of Alamo Drafthouse Cinema, a unit of Sony Pictures Entertainment. CBRE’s Nicole Mihalka, along with Carl Muhlstein of Muhlstein CRE, and Scott Burns and Shauna Mattis…

After two years of scaling back its office footprint, Google is recommitting to 2.1 million square feet of offices in Sunnyvale, reversing the space-cutting strategy embraced by many Silicon Valley tech companies in the post-pandemic years. The Silicon Valley Business Journal reported that Google, the core unit of…

Boyd Wilson LLC has acquired The Landings, a 384-unit apartment community in Bethlehem, Pennsylvania, for $97 million. The transaction was supported by a $67.9 million Northmarq-Freddie Mac senior loan and $13.5 million in preferred equity from Northmarq Fund Management. The acquisition was executed alongside…

Stotan Industrial has acquired approximately 15 acres at 11231 Katherines Crossing in Woodridge, Illinois, for the development of Stotan Crossings Woodridge, a 221,400-square-foot industrial facility. Leasing of Stotan Crossings Woodridge will be led by Sean Henrick, Jason West, Ryan Klink and Connor Niego of…

Tishman Speyer has signed lease agreements totaling 149,155 square feet at 125 High St., its 1.5-million-square-foot office campus in Boston’s Financial District. These include a 5,740-square-foot expansion with MG+M The Law Firm to grow its headquarters to 44,580 square feet, a nine-year lease extension for 20,115…

Western Governors University (WGU) officially opened its Washington, D.C., office, located in a 7,211-square-foot office near Capitol Hill at 80 M St. SE in the city’s Navy Yard neighborhood. The new space will serve as a central location for collaboration on the workforce challenges and educational needs, while…

JLL has completed the sale of Willow, a 158-unit, luxury multifamily property in Lake Oswego, Oregon. JLL represented the seller and procured the buyer. JLL Capital Markets’ Investment Sales and Advisory team, representing the seller, was led by Senior Managing Director Ira Virden and Managing Director Carrie Kahn.…

Newmark has arranged a 71,613-square-foot cold storage industrial lease for Plymouth Poultry Company at 18404 72nd Avenue South in Kent, Washington. Executive Vice Chairman Thad Mallory and Vice Chairman Taylor Hoff represented the landlord, a private local ownership group. The property, located at Yellowstone…

Essex Capital Markets completed the arrangement of a $19.57 million acquisition and construction loan for the redevelopment of 226 W. Ontario Street in Chicago’s River North neighborhood. The financing will support the conversion of the existing office building into a 70-unit residential property, including 60…

The Missner Group announced that Ferguson Enterprises has signed a lease for the entirety of 8130 River Drive, a 31,429-square-foot industrial building in the Chicago suburb of Morton Grove, Illinois. The full-building lease comes just six months after The Missner Group acquired the property. The single-tenant…

Amazon is constructing a new $98 million, 1.2 million-square-foot regional distribution center in Terrell, Texas. The Dallas Morning News reports construction could begin as early as August 2026, with completion slated for next year. Amazon bought the 120-acre development site last year from Hunt Realty…

Endeavor Real Estate Group is building a new 198,000-square-foot office and retail building on the western edge of downtown Austin. And the Austin Business Journal reports that once built, they will call the building their new headquarters. Dubbed 5th & Walsh, the project has been in the works since 2022. Located…

JLL Capital Markets arranged a $78.7 million construction takeout financing for The Flynn at Live Oak, a five-story, 327-unit newly completed luxury multifamily community in Dallas, Texas. JLL represented the borrower, Conor Commercial Real Estate and Globe Corporation, in securing the loan through funds managed by…

Woodside Health sold the Arrowhead Executive Center in Glendale for $25 million. Arrowhead Executive Center comprises 101,397 square feet of Class B office and medical space across eight buildings situated on 12 acres of prime infill land. The property was 94% occupied at the time of the sale. The Arrowhead…

National Property Holdings plans to develop Katy Prairie Business Park, a 1,083,420-square-foot industrial project in Katy, Texas. CBRE’s Faron Wiley, Billy Gold, Charles Herold and Jett Bush have been selected to market the project for lease. The Class A project will include two buildings: Phase I, totaling…

Trilogy Investment Company closed on Solomon Farms, a 219-acre master-planned community in Statesboro, Georgia. The joint venture with landowner RLB Squared. Diversified Investment Group supported the transaction as a co-investment partner of Trilogy. Just outside the main entrance of Georgia Southern University,…

TSCG brokered the sale of The Plaza at Normandy, a newly developed, Publix-anchored shopping center in Jacksonville, Florida, for $20.6 million. Located at the intersection of Normandy Boulevard and Chaffee Road South, the fully leased center was sold on behalf of Wagner Property Group to a 1031 exchange buyer.…

JPMorgan Chase has lent Blackstone $205 million to refinance East Miami, the 352-room hotel. EAST Miami is a 352-key full-service hotel in Miami’s Brickell neighborhood. Blackstone purchased the property in 2025 for $300 million. Trinity Investments and Certares Real Estate Management were the sellers. The 39-story…

Berkadia arranged the sale and acquisition financing of two value-add, neighboring Castro Valley multifamily communities with a total of 135 units. They included the Cedars, an 83-unit property that sold for $21.45 million, and Creekside Terrace, a 52-unit property that sold for $14.1 million. Senior managing…

United Talent Agency (UTA) and Empire State Realty Trust, Inc. announced that the agency will move its New York offices to the Empire State Building next summer. The new office will feature 100,948 square feet across four floors and will house the agency’s filmed entertainment, creators, news, publishing, theatre,…

Los Angeles Mayor Karen Bass said Tuesday that graffiti removal and blight abatement will now begin following a confirmation hearing earlier Tuesday for the sale of Oceanwide Plaza. The hearing followed Monday’s announcement by the U.S. Bankruptcy Court for the Central District of California that it would approve…

Marcus & Millichap completed the sale of a 113-room Fairfield Inn & Suites property in Omaha, Nebraska. Adam Lewis is Marcus & Millichap’s Nebraska broker of record. The firm had the exclusive listing to market the property on behalf of the seller and procured the buyer, both private investor groups. Fairfield Inn…

Brennan Investment Group has acquired a three-building, 439,600-square-foot industrial portfolio in Nampa, Idaho. The acquisition marks Brennan’s entry into the Boise industrial market through a fully leased, institutional-quality asset. Completed in 2023, the three tilt-up industrial buildings are strategically…

Calare Properties has acquired One Westinghouse Plaza Building K, a 42,000-square-foot industrial warehouse/flex condominium in Boston’s Hyde Park section. Terms were not disclosed. The urban property sits within a 22-acre, 10-building industrial and mixed-use site with a manufacturing history dating back to the…

The Mogharebi Group (TMG) represented JBT Property Management in the sale of Maroa Park Apartments, a 248-unit multifamily community located at 475-585 W. Sierra Ave. in Fresno, to a private buyer for $44 million. TMG’s team of EVP Otto Ozen, SVP Brian Nakamura and Svp Nazli Santana represented the seller. “As a…

Inland National Development Company (INDC) plans to co-develop Citywalk Apartments, a 342-unit, market-rate multifamily community in downtown Rochester, Minnesota, directly across from Mayo Clinic’s downtown campus. “We are excited to bring Citywalk Apartments to the heart of downtown Rochester,” said Anthony…

Monday Properties announced that the Arlington County Board granted approval of a major site plan amendment for 1401 Wilson Boulevard and 1400 Key Boulevard. With the approval, a transformative mixed-use development at the 2.1-acre site encompassing both 1401 Wilson Boulevard and 1400 Key Boulevard in Rosslyn can…

Pearlmark announced that it closed on a $24.2 million debt investment for the acquisition of 1201 W Lake Street, a seven-story, 141,771 square foot office building located in Chicago, Illinois. The investment was originated and structured on behalf of Pearlmark Realty Senior Mortgage Partners I, L.P. The property…

Lee & Associates of Illinois has negotiated the purchase of a 455,858-square-foot industrial building located at 16801 Exchange Avenue in Lansing, Illinois. Walter Murphy, Principal at Lee & Associates of Illinois, represented the buyer, RBT Industries (The Great Escape), a retailer of the leading home leisure…

CBRE has arranged the sale of Shops at Crossroads, a 133,717-square-foot grocery-anchored shopping center located at 3560 Route 611 in Bartonsville, Pennsylvania. Chris Munley, Colin Behr, Ryan Sciullo, and Casey Smith of CBRE’s National Retail Partners team represented the buyer and the seller in the transaction.…

Nack Development is moving forward with a 55,000-square-foot mixed-use project in Celina, with the help of a $3 million incentive package. Trackside Junction will include retail, restaurant, office, event and residential space. Community Impact reports that the plans for the two buildings include a four-story,…

A $71 million affordable housing complex is coming to the northeast corner of North Main Street and 29th Street near the Fort Worth Stockyards. Fort Worth Housing Solutions and Oldham Goodwin Development plan to build The Exchange Apartments on a 14-acre site at the Stockyards North mixed-use development. The Fort…

PCCP has provided a $51.8 million senior loan to a joint venture between Phoenix Capital Management and P.B. Bell for the refinance of Everly at Morrison Ranch, located at 4353 E. Elliot Road in Gilbert. Built in 2025, the 236-unit Class A garden-style multifamily community is 97% leased and is within Morrison…

JLL’s M&A and Corporate Advisory, Corporate Banking Advisory and Debt & Equity Advisory teams collectively secured $617 million in financing for Link Apartments REIT and Link Apartments Opportunity Zone REIT. Both are Grubb Properties-managed REITs, along with Link Apartments 8 Carlisle, a 64-story, Class A…

KKR and AEW Capital Management seek to sell commercial property holdings in China as global investors continue to retreat from the country’s prolonged real estate downturn, Bloomberg News reported. KKR is marketing nine properties across China, including a high-end apartment complex in suburban Beijing and a hotel…

Blueprint Investment Properties purchased the 100%-leased Broadmoor Plaza in Mesquite. About the same time, Newport Capital Partners purchased the Towne Crossing development.(shown). The Dallas Business Journal reports that David Disney of Disney Investment Group, who helped facilitate both deals, said both deals…

The NRP Group announced the financial closing and groundbreaking of Catalina, a 336-unit affordable housing community in Travis County near Austin, Texas. Developed in partnership with the Housing Authority of Travis County (HATC), the community will provide affordable housing for families and working professionals…

Crescent Communities closed on a parcel of land for NOVEL Norterra, a new four-story multifamily community planned in northern Phoenix, Arizona. Situated on an 8.5-acre site just east of I-17 in the Norterra neighborhood, the development will include 248 for-rent residences near the TSMC Arizona semiconductor…

Adler Real Estate Partners acquired four industrial assets in Arrowridge Business Park for $41.4 million. BankUnited provided a $25.6 million loan for the acquisition. Adler acquired 8041, 8107, 8227 and 8301 Arrowridge Blvd. in the transaction. All four buildings are about 48,600 square feet with 16-foot clear…

Stonemont Financial Group is looking to build a 568,720-square-foot industrial facility in Winder. The Atlanta Business Chronicle reports the estimated value at build-out would be about $70 million. Winder is between Atlanta and Athens. Stonemount does not own the land. The Winder-Barrow Industrial Building…

Berkadia has arranged the sale and financing of Masons Keepe, a 270-unit garden-style multifamily community located in Manassas, Virginia. Senior Managing Director Brian Crivella, Managing Directors Bill Gribbin and Yalda Ghamarian, and Associate Director Jack Canepa of Berkadia DC Metro, along with Senior Managing…

UTEX Storage Partners closed on a $42.5 million construction loan to finance a two-property self-storage portfolio in the Miami metropolitan area. Affinius Capital and Axonic Capital originated the loan. The financing was arranged by Daniel Hartnett of Greysteel. The first property, located in Pembroke Pines, FL,…

MDH paid $67.7 million for the Lakeland Commer Center Buildings 100-300 in Lakeland, Florida. The three-building portfolio totals 557,000 square feet of space. Stonemount was the seller. A JLL Capital Markets team representing Stonemount was led by Cody Brais, John Huguenard, Luis Castillo, Taylor Osborne, David…

Blue Heron Asset Management and design firm Cline will begin work soon on a 269-unit apartment project in Raleigh. The project, called Rosewood, will be at 611 West South Street. Blue Heron completed the $12.85 million land acquisition earlier this year. Spanning 399,000 square feet across two buildings and a…

CIM Group completed the acquisition of Domain WeHo, a 166-unit apartment community in West Hollywood, in partnership with Hulic Co., Ltd. Although terms were not disclosed, LA Business First reported that the previous owner, RREEF Property Trust, paid more than $103 million in 2019. Domain is a seven-story building…

JLL represented global private markets investment firm HarbourVest Partners in securing its first New York City office at Soloviev Group’s 9 W. 57th St. The 10-year lease is for 19,752 square feet on a portion of the building’s 49th floor. Headquartered in Boston, HarbourVest is among the world’s leading private…

Global flexible workspace provider Mindspace has signed a new 54,000-square-foot lease at Two Transamerica Plaza, located at 505 Sansome St., San Francisco, within the Transamerica complex, marking the company’s second location in San Francisco and its largest in the U.S. The new lease nearly triples Mindspace’s…

Colliers’ Dan Arends, Dougal Jeppe, Corby Marx, Joe Stevens and John Arends recently represented Swanson, Martin & Bell, LLP in a 56,760-square-foot long-term, headquarters lease restructure and renewal at 330 N. Wabash Ave. in Chicago. The 52-story riverside office tower is the last building in the U.S. designed…