What happened, and who moved.
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…
The owner of the NBC Tower at 455 Cityfront Plaza wants to renovate a dozen floors in the mid-rise portion of the 37-story tower into apartments. Metropolis Investment Holdings, who represents the German investor who owns the property, has partnered with Chicago-based Riverside Investment & Development on the…
From June of last year to May of this year, Illinois issued 157 permits for new housing construction units per 100,000 residents. That means the state came in second-to-last in homebuilding rates among all U.S. states, according to a July 27 report by Visual Capitalist, highlighting exactly how bleak the local…
Ian Bruce Eichner’s Continuum Company sued Suffolk Construction, claiming sloppy management, runaway costs and shoddy work at the luxury La Baia South, filing the complaint less than a month after the contractor alleged it hasn’t been paid millions of dollars for the project. The dueling allegations mark an all-out…
- Net Income of $0.15 Per Diluted Share - - Increased 2026 AFFO Guidance $0.01 to $1.41 - $1.43 Per Diluted Share, Representing Growth of 7.6% Year-Over-Year at the Midpoint - - Increased 2026 Acquisition Guidance $20 Million to $150 Million - $160 Million - - $38.5 Million of Gross Equity Sales via ATM Program in…
Cousins Properties is divesting of one Austin office building while helping get another office development off the ground. The Atlanta-based real estate investment trust offloaded Research Plaza V, at 12301 Research Boulevard in Northwest Austin, according to a release from JLL, which arranged the sale. The…
Prologis, the world’s largest industrial landlord, is about to get even bigger. The San Francisco-based real estate investment trust (REIT) has succeeded in its fourth offer to acquire rival Segro, the United Kingdom’s largest REIT, in a deal valuing Segro’s equity at roughly $18.8 billion. Prologis announced…
Ailing Alexandria Real Estate Equities is showing signs of improvement as leasing increased over the second quarter of 2026, a hopeful sign of progress after several quarters of declining fundamentals. The real estate investment trust (REIT) posted earnings Tuesday that show declining balance sheet performance with…
🏆 Residential: Pinecrest logged the top recorded home sale in the region. Mauro Ivan Korlaet Araya, a financier, and Daniela Fernandez Nazer, a lifestyle and fashion influencer, purchased the vacant plot of land at 9601 Southwest 67th Avenue for $14.5 million. The seller was a company tied to Santiago Capurro,…
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…
Alexandria's lawsuit against NYCEDC and the city's health systems continues to escalate amid market challenges.
Segro accepts massive £14.3B Prologis deal, Europe’s largest real estate takeover.
The Trump administration is drafting a ban on Chinese data center devices over espionage and intellectual property theft concerns.
Delivering Double-Digit Returns and Positioning Capital for New Investment Opportunities Delivering Double-Digit Returns and Positioning Capital for New Investment Opportunities
Blue Owl Capital is pushing beyond Northern Virginia’s Data Center Alley after acquiring a 71-acre development site in Culpeper, Va., for $66.4 million. Blue Owl’s data center operator Stack Infrastructure purchased Culpeper Technology Park at 15140 Keyser Road from RACM. The transaction is equal to more than…
Walmart has paid $11.7 million for development land by the western end of Palm Beach County, Fla., in the latest example of retailers taking greater control over their retail presence, property records show. The vacant, 24-acre parcel at 5253 Seminole Pratt Whitney Road sits within Minto Communities’ Westlake…
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.…
A 1943 fourplex community in East Oakland just traded for $9.75 million as investors chase one of the tightest affordable-housing supply pictures in the country. The post 73-Unit Garden Villas Affordable Housing Community Trades for $9.75MM in Oakland appeared first on The Registry Northern California Real Estate .
Why did the chicken cross the continent? To get to new customers on the other side. Popular fast-casual grilled chicken restaurant El Pollo Loco has signed a lease to open its first-ever East Coast location in New York City, Commercial Observer has learned. El Pollo Loco signed a 10-year lease for 2,400 square feet…
With the chill cast by the 21st Century ROAD to Housing Act set aside, players are returning to the build-to-rent space with aplomb. PCCP and Integrity Community Builders formed a joint venture to develop communities in the sector across the country, the Commercial Observer reported. The joint venture plans to pour…
Gov. Abbott stopped data center connections to the Texas grid due to audit and compliance issues, prioritizing "Texans' safety."
Sale of Northwest Austin’s Research Park Plaza V and preferred equity placement for capitalization of Endeavor’s 5th and Walsh mixed-use development adjacent to Clarksville
La Caisse’s gamble on turning around its two-building Chicago riverfront office complex is starting to pay off. The Canadian pension fund’s real estate arm lured a new renter in Chicago-based private equity investment manager Adams Street Partners, which signed a long-term lease for 46,000 square feet at 120 South…
A joint venture of Branch Capital Partners and Oaktree Capital Management bought a 109-unit Chicago apartment complex on the 606 trail for $41 million from Chicago-based LG Development Group. The property, called Trailhead Apartments, sits at 1744 North Western Avenue, according to Crain’s. The deal for the…
The five-property portfolio totals 611 units and is located in premier northern Atlanta submarkets
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…
Sand Hill Property Company sells its newly built Los Gatos Whole Foods site for $45.9 million, or about $1,148 per square foot. The post Sand Hill Property Company Sells 40,000 SQFT Whole Foods Site for $45.9MM in Los Gatos appeared first on The Registry Northern California Real Estate .
Vornado Realty Trust announced Tuesday morning that it could levy as much as $350 per square foot at one of its latest office developments, at a time when rents over $300 a square foot at trophy properties are becoming the norm. 350 Park Avenue, which Vornado is developing with Ken Griffin’s Citadel and Rudin, may […]
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…
Chip-equipment maker Multibeam more than doubled its Sunnyvale footprint and staffed up past 75 workers just as it secured a federal letter of intent worth as much as $140 million, betting on physical expansion at a moment when Silicon Valley’s R&D market is contracting. Multibeam, the semiconductor equipment…
LA MESA, CALIF. — Marcus & Millichap has arranged the $12.5 million sale of Guava Gardens, an affordable seniors housing community in La Mesa, located in San Diego County. Los Angeles-based Positive Investments was the buyer. Built in 1986, the property totals 81 units, with 40 studio apartments and 41 one-bedroom…
JLL and RobertDouglas represent seller in transaction for renovated Marriott-branded hotel
JLL brings repositioned property with 350,000-SF block of space to market
Urban Standard Capital has deepened its relationship with a major Arizona bank. Commercial Observer can first report that Urban Standard Capital has increased its aggregate financing capacity for transitional commercial real estate loans with Western Alliance Bank — a Phoenix-based regional bank with $90 billion of…
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…
SAN DIEGO, CALIFORNIA, Aug. 04, 2026 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB: ILAL) (“ILAL” or the “Company”), an international real estate investment and development firm, today announced that a second Tiny Home has been sold at its Rancho Costa Verde development. The sale reflects growing…
THE COLONY, TEXAS — Self-storage brokerage firm Versal has negotiated the sale of a 93-unit facility in The Colony, located north of Dallas. LifeSmart Storage operates the facility, which totals 9,300 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster, Hugh Horne and Kirk Silas of Versal…
EL PASO, TEXAS — JLL has negotiated the sale of Palomar West, a 248-unit apartment complex in El Paso. The property was built on a 10.6-acre site on the city’s west side in 1986 and offers one- and two-bedroom units with an average size of 701 square feet. Amenities include a pool, fitness center and a resident…
NEW YORK CITY — Walker & Dunlop has arranged a $137.5 million loan for 12 Halsey, 240-unit apartment building in Brooklyn’s Bedford-Stuyvesant neighborhood. Completed last fall, 12 Halsey occupies a full city block and offers studio, one- and two-bedroom units, 30 percent of which are reserved as affordable…
PHILADELPHIA — Local developer Keystone has completed an office-to-residential conversion project in Philadelphia’s Independence Mall district. Designed by Tantillo Architecture and built by Fasttrack Construction, the project transformed the historic, 12-story building at 400 Market St. into a 176-unit apartment…
KERRVILLE, TEXAS — PNC Bank has provided financing for Heritage Oaks, The Meadows, and Paseo de Paz, three affordable housing properties totaling 224 units in Kerrville, about 65 miles northwest of San Antonio. The financing will be disbursed as part of PNC’s $251 million fund to support new construction,…
ELIZABETH, N.J. — Berkadia has brokered the $8.7 million sale of Aberdeen Arms Apartments, a 52-unit building located in the Northern New Jersey community of Elizabeth. Built in 1965, Aberdeen Arms offers 10 one-bedroom units and 42 two-bedroom units and was fully occupied at the time of sale. Nat Gambuzza, Trevor…
SOUTHLAKE, TEXAS — Whole Foods Market will open a new store at Shivers Farm, a 40-acre mixed-use development in Southlake, located north of Fort Worth. The square footage was not disclosed. The groundbreaking of the new store will take place in the coming days, and the store is expected to open late next year.…
JLL Capital Markets arranges sale & loan for Merchants Square featuring experiential dining and entertainment concept
Private investor acquires Gateway Commerce Park development site
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…