What happened, and who moved.
FORT WORTH, TEXAS — Trademark Property Co. has completed The Vickery, a 321-unit multifamily project in downtown Fort Worth. Designed by GFF and developed in partnership with SCOA Real Estate Partners, The Vickery consists of 307 apartments, 14 townhomes and a 5,300-square-foot restaurant with a second-story…
STATESBORO, GA. — Colliers has negotiated the sale of University Station, a newly constructed, 30,865-square-foot retail center located near the Georgia Southern University campus in Statesboro. The center was fully leased at the time of sale to tenants including QDOBA, Hotworx, Eyemart Express, Uptown Cheapskate,…
DALLAS — Ahmad, Zavitsanos & Mensing PLLC has signed a 17,043-square-foot office lease in downtown Dallas. The space is located within Trammell Crow Center, a 50-story, newly renovated development at 2001 Ross Ave. Doug Jones, Marissa Parkin and Chase Lopez of Stream Realty Partners represented the landlord, Regent…
SPICEWOOD, TEXAS — Self-storage brokerage firm Versal has negotiated the sale of Double Horn Storage, a 119-unit facility in the Central Texas city of Spicewood. The facility totals 40,160 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster, Hugh Horne and Kirk Silas of Versal represented the…
MOUNT VERNON, N.Y. — A partnership between Simone Development Cos. and Stagg Group is nearing completion of Qwest Towers, a $158 million workforce housing project in Mount Vernon, located north of New York City. Qwest Towers will consist of two buildings that will rise 15 and 12 stories and will house a combined…
HOUSTON AND NEW YORK CITY — A joint venture between SparrowHawk and New York City-based Almanac Realty Investors has acquired a 20-property, 4.4 million-square-foot industrial portfolio located across six markets in the Midwest. Stockholm-based global investment firm EQT sold the portfolio for nearly $400 million.…
MANDEVILLE, LA. — SRS Real Estate Partners has negotiated the $8 million sale of Mandeville Marketplace, a 62,324-square-foot retail center located in Mandeville. Built in 1988 on six acres, the property was fully leased at the time of sale to five tenants including Altitude Trampoline Park and Crunch Fitness.…
NEW YORK CITY — High Street Residential has topped out The Marq, a 25-story apartment building in Manhattan’s SoHo neighborhood. The Marq will offer 99 units, 25 of which will be reserved as affordable housing, as well as 2,072 square feet of retail space. Amenities will include a gym, sauna, meditation room,…
PORT ST. LUCIE, FLA. — The NRP Group has broken ground on a 312-unit luxury apartment complex located within the master-planned community of Tradition in Port St. Lucie. Situated on approximately 18 acres, the project will comprise 10 three-story buildings offering a mix of one-, two- and three-bedroom apartments…
NEW YORK CITY — Affinius Capital has provided an $89 million acquisition loan for CitySpire, a 371,000-square-foot office building in Midtown Manhattan. Built in 1987 and renovated in 2004 and 2022, CitySpire features upgraded elevator systems, wellness lounges, conferencing facilities and coworking space.…
ALAMEDA, CALIF. — Marcus & Millichap has brokered the $5 million sale of a single-tenant retail property located in the Bay Area city of Alameda. Peet’s Coffee & Tea occupies the 3,000-square-foot building on a 10-year lease with annual rent increases. Mark Mason of Marcus & Millichap procured the buyer, a…
CUMMING, GA. — Partners Real Estate has signed a 6,500-square-foot lease with The Cheesecake Factory at The Collection at Forsyth, a 565,000-square-foot mixed-use lifestyle center located in Cumming, a north Atlanta suburb in Forsyth County. The new restaurant opened on July 21 and has created more than 200 local…
DALLAS — Lee & Associates has brokered the sale of a 25,000-square-foot industrial flex building in northeast Dallas. The building at 10999 Petal St. was originally constructed in 1985 and features 24-foot clear heights. Taylor Stell and Brett Lewis of Lee & Associates represented the undisclosed seller in the…
SCOTTSDALE, ARIZ. — Cushman & Wakefield has arranged $19.9 million in acquisition financing for Edwards Professional Park I & II in Scottsdale. Tyler Morss of Cushman & Wakefield’s Healthcare Capital Markets team arranged the debt through an undisclosed regional bank on behalf of the borrower, Albany Road, a…
NEW BRUNSWICK, N.J. — The Community Builders (TCB) has completed Stirlingside Residences, a 53-unit affordable housing building in New Brunswick, located in Central New Jersey. Specific income restrictions were not announced, but the building includes six units for families and individuals who have previously…
SCOTTSDALE, ARIZ. — Cushman & Wakefield has arranged $19.9 million in financing on behalf of Albany Road Real Estate Partners for the acquisition of Edwards Professional Park I & II in Scottsdale. Tyler Morss of Cushman & Wakefield’s Healthcare Capital Markets team led the assignment representing Albany Road, a…
WEST CHICAGO, ILL. — CoreCentric Solutions has signed a 286,622-square-foot industrial lease at 1717 Harvester Road in West Chicago. The long-term lease brings the 465,950-square-foot manufacturing facility to full occupancy. David Conroy, Mark Wilson, Jordan Kwiecinski and Daniel Cawley of Cawley Commercial Real…
LOS ANGELES — Walker & Dunlop has arranged a $33.2 million agency-backed loan for the acquisition of Palm Court Apartments in Los Angeles’ Miracle Mile neighborhood. Bryan Frazier, Blake Hockenbury, Steven Paskover, Sheri Blackburn and Dillon Hoffman of Walker & Dunlop Capital Markets Real Estate Financing secured…
OSWEGO, ILL. — The Boulder Group has brokered the $3.8 million sale of a single-tenant, ground-leased Fifth Third Bank property in Oswego. The 4,273-square-foot retail building is located at 2660 U.S. Highway 34. Randy Blankstein, Jimmy Goodman and John Feeney of Boulder Group represented the seller, a West…
CHICAGO — JLL Capital Markets has arranged the sale of a 10-property light industrial portfolio totaling 717,475 square feet in Chicago’s collar counties. The assets span five municipalities in Will, DuPage and Kane counties, offering immediate access to I-80, I-55, I-88 and I-90. The portfolio comprises…
ALAMEDA, CALIF. — Marcus & Millichap has arranged the $5 million sale of a single-tenant retail property located in the Bay Area city of Alameda. Peet’s Coffee & Tea occupies the 3,000-square-foot building on a 10-year lease with annual rent increases. Mark Mason of Marcus & Millichap procured the buyer, a…
MAUSTON, WIS. — CBRE has negotiated the $3.9 million sale of Riverwood Apartments in Mauston, about 70 miles northwest of Madison. The 32-unit multifamily community was fully leased at the time of sale. The property consists of four buildings on 3.2 acres along the Lemonweir River. Built in 1994, Riverwood…
SPARKS, NEV. — BIG Shopping Centers USA and Red Development have completed the sale of Legends at Sparks Marina, a 41-acre mixed-use destination in Sparks, to Alturas Capital Partners for $103 million. Kyle Miller and Rob Ippolito of Newmark represented the seller in the deal. Located at 1310 Scheels Drive, Legends…
WILMER, TEXAS — Logistics Plus has signed a 744,452-square-foot industrial lease in the southern Dallas suburb of Wilmer. The Pennsylvania-based provider of freight and fulfillment services will occupy the entirety of Building 2 within Southport Logistics Center, an approximately 1.5 million-square-foot…
HOUSTON — Local owner-operator Clay Development & Construction has broken ground on Kennedy Greens Distribution Center V, a 63,440-square-foot speculative industrial project in North Houston. The project marks the final phase of development for the 145-acre Kennedy Greens South Business Park. Building features will…
PARIS, TEXAS — JLL has negotiated the sale of a 291,958-square-foot shopping center in Paris, about 100 miles northeast of Dallas. Paris Towne Center was built in 1976 and is home to tenants such as Aldi, Hobby Lobby, Ross Dress for Less, T.J. Maxx, Five Below, Ulta Beauty and Bath & Body Works. Adam Howells and…
DUBLIN, VA. — DWG Capital Partners has purchased an 83,683-square-foot manufacturing facility located at 320 Newbern Road in Dublin, a city in southwest Virginia’s I-81 Corridor. The publicly traded seller, Commercial Vehicle Group (CVG), sold the property to DWG Capital and leased back the facility on a 20-year…
VANCOUVER, WASH. — JLL has provided a $42 million Fannie Mae loan for the refinancing of Portola Bridge Creek, a 270-unit, garden-style community in Vancouver. The borrower was Irvine, California-based SB Real Estate Partners, which has owned the property since 2022. Built in 1989, Portola Bridge Creek offers one-,…
KEY WEST, FLA. — Sixth Street, a global investment firm based in San Francisco, and partner Riller Capital have acquired Pier House Resort & Spa, a 142-room luxury oceanfront resort located at 1 Duval St. in Key West. Dallas-based Braemar Hotels & Resorts sold the property to the partnership for $190 million.…
PORT CHESTER, N.Y. — Walker & Dunlop has arranged $147.5 million in construction financing for 2 South Main, a 322-unit multifamily project in Port Chester, located along the New York-Connecticut border. Information on specific floor plans and amenities was not disclosed, but the 12-story building will include 330…
MIAMI — NAI Miami | Fort Lauderdale has arranged a 9,916-square-foot retail lease at 1588 N.W. 7th St., a retail space within a parking garage at LoanDepot Park, home ballpark of the Miami Marlins. The tenant is Biscayne Bay Brewing Co. LLC, one of the leading craft breweries in South Florida and the official craft…
NEW YORK CITY — The Domain Cos. has secured $175.6 million in financing from Wells Fargo for the development of a new multifamily project in the Astoria neighborhood of Queens. Canyon Partners Real Estate and BLDG Management are Domain’s equity partners on the deal. Chris Peck and Nicco Lupo of JLL Capital Markets…
TAUNTON, MASS. — Greystar has broken ground on Whittenton Mills, a 390-unit multifamily project in Taunton, located south of Boston. The project, which will feature modular construction, is a redevelopment of a former 19th-century mill complex that has long been vacant and was demolished earlier this year. The…
TULSA, OKLA. — Zenith IOS (industrial outdoor storage) has purchased a 7.6-acre facility in Tulsa. The property at 15403 E. Skelly Drive houses a 26,900-square-foot building with six drive-through bays. Andrew Wieseman of Nashville-based brokerage firm Matthews sourced the deal on behalf of Zenith, which acquired…
HYANNIS, MASS. — Simon Property Group has welcomed two new tenants to Cape Cod Mall in Hyannis. Aloha Mini Golf, which provides a glow-in-the-dark mini golf experience, and Exotic Snack Guys, which offers a curated mix of international snacks, trending treats, and viral favorites from around the world, are now both…
NEW YORK CITY — The Shubert Organization has signed an 11-year, 14,480-square-foot office lease in Midtown Manhattan. The theater owner-operator is relocating to a new space on the 11th floor of 520 Eighth Avenue, a 26-story, 860,000-square-foot building that was constructed in 1926, where Shubert has been a tenant…
SAN DIEGO — PMB and Pillar Properties will develop a new 224-unit senior living community at San Diego State University. Dubbed SDSU Mission Valley, the project will total 295,000 square feet across seven stories and will feature independent and assisted living units, as well as 26 memory care residences. Amenities…
ENCINITAS, CALIF. — RPG has acquired a 4,939-square-foot multi-tenant retail property located in Encinitas, roughly 25 miles north of downtown San Diego. The building was fully leased at the time of sale to five tenants including three retail shops and two restaurants. The seller and terms of the transaction were…
PEORIA, ARIZ. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of Parc Roundtree Ranch, a 275-unit multifamily property located between Loop 101 and U.S. Route 60/Grand Avenue in Peoria. Terms of the transaction were not released. Steve Gebing and Cliff David of IPA…
VANCOUVER, WASH. — JLL has arranged a $42 million Fannie Mae loan for refinancing for Portola Bridge Creek, a 270-unit, garden-style community in Vancouver. The borrower was Irvine, California-based SB Real Estate Partners, which has owned the property since 2022. Built in 1989, Portola Bridge Creek offers one-,…
FINDLAY, OHIO — Bernard Financial Group (BFG) has secured a $5.6 million acquisition loan for a 112,396-square-foot industrial facility in Findlay, about 40 miles south of Toledo. Joshua Bernard of BFG arranged the permanent life insurance company loan. The borrower was BKG Dominion 1900 Industrial LLC. The post…
GREENFIELD, IND. — MDH Partners has acquired 70 Connect III, a 1 million-square-foot industrial building in Greenfield within metro Indianapolis. Developed by Lauth on a speculative basis, the property sits along West 350 North in the East industrial submarket. JLL represented the seller. MDH’s Houston Hawley led…
EAST DUNDEE AND MOKENA, ILL. — Venture One Real Estate, through its acquisition fund VK Industrial VII LP, has purchased a three-building, 131,998-square-foot industrial portfolio in metro Chicago. The portfolio, which was fully leased at the time of sale, consists of single and multi-tenant properties that are…
LANSING, ILL. — Greenstone Partners has arranged the $12.6 million sale of the Hickory Oaks apartment complex in Lansing, about 25 miles south of downtown Chicago. Greenstone’s Michael Duckler represented the buyer, SpringView Investments, and the undisclosed seller. The 138-unit property presents a value-add…
ARLINGTON, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Flintridge, a 188-unit, garden-style apartment complex in Arlington. Built in 1979, Flintridge offers one- and two-bedroom units with an average size of 743 square feet and amenities such as a…
GAINESVILLE, TEXAS — A partnership between B-29 Investments and Hughes Commercial has broken ground on Camp Howze Industrial Rail Park, a 489-acre industrial park in Gainesville, located north of the metroplex in Cooke County. Located along I-35 and U.S. Highway 82, the master-planned development could ultimately…
GREAT BARRINGTON, MASS. — Regional brokerage firm Northeast Private Client Group (NEPCG) has negotiated the sale of a 66-unit apartment building in Great Barrington, located in western Masschusetts. Beech Tree Apartments comprises eight buildings on a 4.5-acre site. Daniel Scherban and Joseph Scherban of NEPCG…
NEW YORK CITY — Marcus & Millichap has signed an office lease extension and expansion in Midtown Manhattan. The firm now occupies roughly 41,000 square feet at 260 Madison Avenue, a 22-story building. Evan Fiddle of CBRE represented Marcus & Millichap in the lease negotiations. Paul Amrich, Neil King, Meghan Allen…
KANSAS CITY, MO. — Morgan Stanley Real Estate Investing (MSREI) has acquired a newly developed, 1.5 million-square-foot distribution facility in Kansas City for $158.5 million. The seller, Hunt Midwest, developed the Class A property as a build-to-suit for retailer Ace Hardware in 2025, marking the first phase of…
HOUSTON — New Hope Housing has completed NHH Avenue C, an affordable seniors housing project in Houston’s Magnolia Park/East End neighborhood. The number of units in the age-restricted (55-plus) complex was not disclosed, but residences come in one-, two- and three-bedroom floor plans. Amenities include a…
WEST CHESTER, PA. — Charter Senior Living has broken ground on a 162-unit project in West Chester, located roughly 30 miles west of Philadelphia. Charter Senior Living of West Chester will offer independent living, assisted living and memory care residences. Charter is developing the project in partnership with…
WALLER COUNTY, TEXAS — Clay Development & Construction Inc. has broken ground on a 31,800-square-foot speculative industrial project in Waller County, located northwest of Houston. The building will be situated on a 2.4-acre site within Pederson West Business Park and will feature 120-foot truck court depths, 23…
JERSEY CITY, N.J. — CBRE has arranged a $109.5 million permanent loan for 425 Summit, a 27-story apartment building in Jersey City’s Journal Square neighborhood. Completed in 2024, 425 Summit houses 390 units in studio, one-, two- and three-bedroom floor plans, as well as ground-floor retail space. Matthew…
PHOENIX — INDUS Realty Trust has aacquired 418,000-square-foot warehouse in Phoenix. Terms of the transaction were not released. Fully leased at the time of sale, the cross-dock building can support distribution uses and features “ample” loading doors and trailer parking with 180-foot deep, fully secured and gated…
GREENWOOD, IND. — Matthews has brokered the $9.5 million sale of a Goodwill distribution facility in Greenwood. The transaction marked the highest-priced industrial property sale in the Johnson County submarket over the past year, according to Matthews. Built in 2016, the approximately 125,000-square-foot property…
LAKE ELMO AND ARDEN HILLS, MINN. — JLL Capital Markets has arranged the sale of Boulder Ponds Senior Living and Round Lake Senior Living, two Class A communities totaling 216 units in the Twin Cities market. JLL represented the seller and developer, Trident Development, and procured the buyer, LTC Properties Inc.…
NAPLES, FLA. — Berkadia has arranged the $89.9 million sale of Orchid Run, a 282-unit, garden-style apartment community located at 10991 Lost Lake Drive in Naples. Matt Mitchell and Chris Burtner of Berkadia represented the seller, an affiliate of The Inland Real Estate Group of Cos. Inc., in the transaction. The…
CHICAGO — Skender has completed the 83,000-square-foot build-out of Harrison Street Asset Management’s headquarters at The Fulton, an office property located at 919 W. Fulton Market in Chicago. The real estate and infrastructure investment management firm is relocating from its prior location at 444 W. Lake St.…
BROWNSBURG, IND. — Wafra Inc., a New York-based alternative investment firm, has acquired Brownsburg Logistics Park Portfolio, a collection of three industrial buildings totaling 899,080 square feet in Brownsburg. Funds advised by Wafra are acquiring the assets from a venture between Scannell Properties and…
FORT COLLINS, COLO. — Landmark Properties has completed The Mark Fort Collins, a 397-bed student housing development located at 255 Johnson Drive near the Colorado State University campus in Fort Collins. The six-story community was developed in partnership with Silverpeak Real Estate Partners and Peninsula…