What happened, and who moved.
After years of planning, Trademark Property is finally prepared to break ground on its $135 million redevelopment of an Arlington retail center. Construction is slated to begin on the site formerly known as Lincoln Square on August 3, according to the Dallas Business Journal. Fort Worth-based Trademark has…
Baron Property Group (BPG) has secured $226.5 million to refinance a newly completed multifamily development in Hialeah, Fla. Madison Realty Capital and Yellowstone Real Estate provided the debt backing the 559-unit Metro Parc at 955 East 25th Street, about a block west of Metrorail and Tri-Rail transfer stations…
The Federal Reserve voted to hold its benchmark interest rate steady at 3.5% to 3.75% on Wednesday, maintaining the policy target range established in January. The decision was not unanimous, as three central bank officials dissented in favor of a quarter-point rate increase: Cleveland Fed President Beth Hammack,…
JLL announced that Lincoln Property Company’s Logistics Fund II has acquired Canyon Road Commerce Center, a 275,000-square-foot industrial campus in Pierce County, Washington. As part of the acquisition, Lincoln has appointed JLL as the property’s exclusive leasing agent, launching a leasing initiative aimed at…
Lario Investments is planning to build a mixed-use project in Denver’s Cherry Creek North area. The investor filed plans with the city to replace a three-story office building at 2702 E. 3rd Ave., built in 1966, with a five-story, 106,811-square-foot mixed-use building. The Denver Business Journal reports Lario…
BXP, Inc. has closed a $1.2-billion construction loan for the development of 343 Madison Ave., a planned 46-story, approximately 930,000-square-foot office tower in Midtown Manhattan with direct access to Grand Central Terminal’s Madison Concourse. The Boston-based REIT expects to complete the $2-billion project,…
CBRE outperformed industry expectations during the second quarter as its core earnings per share rose 30% on a 16% revenue increase thanks to a strong performance by the company’s infrastructure and data center services businesses. The world's largest...
Driftwood Capital secures financing for 300-room Hilton property in West Plano
MDH Partners acquires fully leased industrial property in highly competitive process
Surging data center services revenue and a rebound in U.S. office leasing stood out in CBRE’s strong second-quarter results for 2026. During a Wednesday morning earnings call, the world’s largest commercial real estate services and investment firm reported $11.2 billion in second-quarter revenue, roughly in line…
Worth & Associates acquired The Commons at Concord Park, a four-building, 108,116 square-foot office campus located at 300 E. Sonterra Blvd in San Antonio’s Stone Oak submarket. It brings the company’s total owned portfolio to 3 million square feet. The Commons at Concord Park currently features 17,131 square feet…
BXP, the largest Class A office owner in the country, has landed a $1.2 billion construction loan to build its 930,000-square-foot office tower development at 343 Madison Avenue in Midtown, the real estate investment trust (REIT) announced Wednesday morning during its second-quarter earnings call. The financing for…
After months of heated debate about the redevelopment of the historic 20-acre Mars candy factory in Chicago, Ald. Chris Taliaferro hit the reset button on discussions between the community and developer. “Our meetings thus far have not been productive in that they have been controversial in nature,” Taliaferro told…
A new four-story, mixed-use development featuring apartments and a variety of shops, offices and restaurant space is planned for Downtown Arlington. Under the agreement between the city of Arlington and Wolverine Interests, Wolverine would invest at least $60 million by 2029 to redevelop the 500 and 600 blocks of…
Flexential purchased 110 acres in Kaufman County, Texas, to build its fourth and largest facility in the Dallas-Fort Worth metroplex. The planned 375,000-square-foot Phase 1 development, southeast of the DFW metro in Talty, has secured power to support 36 MW of capacity for wholesale and multi-tenant colocation…
Bill Ackman’s Pershing Square Foundation will pay $260 million to acquire two Upper West Side buildings that will house a brain research facility, according to published reports. The foundation acquired 125 West End Ave., which currently houses a 400,000-square-foot life sciences and research campus known as West…
COMMUNIQUÉ DE PRESSE
Another day, another potential data center company sale, this time involving the cleverly named “Netrality Data Centers.” Private equity behemoth TPG is in exclusive negotiations to acquire the Kansas City-based data center company, Bloomberg reported. The data center firm could be valued anywhere between $2…
A private California investor just spent upwards of $110 million to acquire a build-to-rent community in Phoenix. Scottsdale-based Cavan Companies sold Bungalows on Camelback, a 334-unit low-density residential community, to entities affiliated with Newport Beach-based Marlowe Moy of Golden Horizon Enterprises for…
Get a little place in Harlem and you’ll figure it out. Developers Richman Group and Monadnock Development — in a joint venture — have filed plans with the New York City Department of Buildings (DOB) to construct a 420-unit residential building at 243 East 125th Street in Manhattan’s East Harlem neighborhood. The…
Arrow Real Estate Advisors arranged an $85 million construction loan on behalf of Northlink Capital for the development of 7200 Collins Avenue, a 222-unit luxury condominium project in Miami Beach, Florida. The financing, provided by Deutsche Bank, refinances existing debt and will fund the ground-up construction…
PLANO, TEXAS — StreetLights Residential is underway on construction of a 22-story apartment building at 6501 Legacy Drive in Plano. The site spans 2.7 acres within the former J.C. Penney headquarters campus, and the development will have 261 one-, two- and three-bedroom units that will range in size from 682 to…
A Toronto-based real estate investment trust (REIT) has purchased an East New York, Brooklyn, medical facility for $89.9 million. Health care infrastructure REIT Vital Infrastructure Property Trust announced last week that it acquired the 142,249-square-foot East New York Health Hub at 101 Pennsylvania Avenue,…
Urban Logistics Realty acquired 53 acres of Harris Ranch in Denton, Texas. The acquisition of Harris Ranch will kickstart Phase I of an industrial development featuring five buildings totaling 656,007 square feet. The Phase I buildings will range in size from 69,000 to 193,000 square feet. The project offers a…
Stewards Inc. completed a $79 million refinancing of 1818 Park, its luxury multifamily residential community in downtown Hollywood, Florida. Multihousing News reports Stewards acquired 1818 Park last August for $190 million. 1818 Park is a 22-story luxury residential community offering studio, one-, two- and…
Core Spaces (Core) closed financing and broke ground on the Hub Athens Dougherty, a new 1,656-bed purpose-built student housing community located near University of Georgia set to deliver in 2028. Multifamily News reports Hub Athens Dougherty will include 536 units and 1,656 beds across a mid-rise development,…
White Lodging will break ground this month on a new Autograph Collection (Marriott) hotel in Charlotte’s South End neighborhood, marking the company’s fifth Autograph property in its national portfolio of more than 60 hotels. Situated at the intersection of South Tryon Street and Bland Street, the project is the…
AI-powered go-to-market platform Clay has committed to 44,000 square feet at The Swig Company’s historic Mills Building, adding another marquee technology name to a downtown San Francisco office market that artificial intelligence firms have pulled back from the brink. The Swig Company has signed a…
NEW YORK CITY — St. John’s University has sold its Staten Island Campus to Wagner College, whose main campus is located about a quarter of a mile away. The sales price was not disclosed, but the asking price was $35 million. The campus was originally the home of Notre Dame College, an independent women’s college…
HOUSTON — Marcus & Millichap has brokered the sale of a 124,000-square-foot healthcare property in the Spring Branch area of Houston. Originally constructed on a 4.3-acre site at 1615 Hillendahl Blvd. in 1965, the property formerly served as a 198-unit skilled nursing facility. Rod Llanos of Marcus & Millichap…
PLANO, TEXAS — San Francisco-based Shorenstein Investment Advisers has acquired The Tennyson, a 273,000-square-foot office property located northeast of Dallas in Plano. The two-building, 12-acre complex, which is located within the city’s Legacy submarket, was originally developed in 2012 as a build-to-suit for…
MERRILLVILLE, IND. — Colliers has arranged the sale of The Ridge Apartments in Merrillville within Northwest Indiana. Bryce Wetzel, Tyler Hague, Lauren Stoliar and Ryan Roegner of Colliers represented the owner, Parkmont Group, a real estate investment and operating firm based in New York. Originally developed…
PUYALLUP, WASH. — Lincoln Property Co. has acquired Canyon Road Commerce Center, a 275,000-square-foot industrial campus in Washington’s Pierce County. Trammell Crow Co. and an affiliate of CBRE Investment Management sold the asset for an undisclosed price. Located at 5103-5223 136th Street E. in Puyallup, Canyon…
CHICAGO — Associated Bank has provided a $28.3 million loan to a joint venture between North Park Ventures and SNS Realty Group for the development of a transit-oriented apartment property on North Sheffield Avenue in Chicago. The loan included funds for the acquisition of the former Tortenson Glass Co., which…
ARLINGTON, TEXAS — A joint venture between Trademark Property Co. and Harrison Street Asset Management is scheduled to break ground Monday, Aug. 3 on Anthem, a $135 million redevelopment of the 43-year-old Lincoln Square shopping center in Arlington. InterBank is providing refinancing and construction financing for…
BOSTON — MassHousing has provided $26.4 million in financing for Beacon House, a 135-unit affordable housing property in Boston’s Beacon Hill neighborhood. The eight-story building was converted from a hotel to residential use in 1983. Of the 135 units, 117 are rentals that are subject to a range of income…
ORLANDO, FLA. — Capstone Building Corp. has begun construction on The Gateway, a 270-unit luxury apartment community located at 7250 Shadowridge Drive in Orlando. The design-build team includes developer JBL Development LLC and architect Baker Barrios Architects. Located near Airport Lakes Park, the five-story,…
BETHLEHEM, PA. — ShipBob has signed a 301,826-square-foot industrial lease in the Lehigh Valley city of Bethlehem. The provider of fulfillment services for the e-commerce industry is taking the entirety of the space at Building E at Lehigh Valley Trade Center, which was developed as part of the 171-acre park’s…
ROCHESTER HILLS, MICH. — Rally House has signed a 17,542-square-foot retail lease at Winchester Center in Rochester Hills. Greg Newman and Jason Orow of Keystone Commercial Real Estate arranged the lease. The center is home to retailers such as Dick’s Sporting Goods, Burlington and Marshalls. Rally House continues…
MARIETTA, GA. — Sterling Properties has acquired Merchants Walk, a 271,992-square-foot shopping center in Marietta, a northern suburb of Atlanta. The West Palm Beach-based private equity real estate investment firm purchased the shopping center from Washington, D.C.-based mixed-use developer and operator EDENS for…
PHILADELPHIA — A partnership between owner-operator Pennrose and the Wynnefield Overbrook Revitalization Corp. (WORC) has completed Good Shepherd, a 55-unit affordable seniors housing complex in Philadelphia’s Overbrook area that is a redevelopment of the former Good Shepherd Presbyterian Church, which was…
CHICAGO — Kiser Group has brokered the $16.3 million sale of a 65-unit apartment building located at 4601-17 N. Dover St. in Chicago’s Sheridan Park neighborhood. The transaction marks the fifth consecutive sale of the property within a brokerage history spanning nearly three decades involving Kiser brokers. The…
ATLANTA — A joint venture between Radnor Property Group and the Madrone Community Development Foundation is set to break ground on a 793-bed student housing development located at 850 West End Ave. in Atlanta. The project, which is scheduled for completion in fall 2028, will serve students attending Morehouse and…
Canoni prime a 830 euro/mq a Milano e a 620 euro/mq a Roma.
A Mas brother is pushing to rezone 162 acres of land outside of Miami Gardens for a massive mixed-use development with affordable housing, retail and industrial space. Landmark QOZB Construction LLC, an entity tied to Juan Carlos Mas of Coral Gables-based MAS AJP, filed an application with county officials to…
D.R. Horton’s affordability-first strategy collides with a Northern California market where the typical home costs more than twice the statewide median and far beyond the builder’s average sale price, even as analysts flag the tech-driven Bay Area as a pocket of national strength. The most expensive corner of the…
Industrial Realty Group has leased its entire half-million-square-foot manufacturing and distribution complex at 2201 Cooper Avenue in Merced to a regional agricultural manufacturer, absorbing one of the Central Valley’s largest rail-served industrial assets in a single stroke. Industrial Realty Group, LLC (IRG),…
San Francisco has cleared a key hurdle for a 15-story, 187-unit affordable senior housing tower at 1939 Market Street, handing Mercy Housing California and Openhouse a 75-year ground lease as the roughly $160 million project pivots toward a make-or-break tax-credit decision this summer. The San Francisco Board of…
Idaho-based Alturas Capital Partners has purchased one of the Reno-Sparks market’s largest retail destinations, betting more than $100 million that Northern Nevada’s tight retail fundamentals still have room to run. Alturas Capital Partners, an Eagle, Idaho, real estate investment and operating firm, has acquired…
An 85-foot condominium tower cleared the San Francisco Planning Commission on a low-rise Inner Richmond block, becoming the first project entitled under Mayor Daniel Lurie’s Family Zoning Plan and an early template for how the city’s new rules will reshape its residential neighborhoods. The San Francisco Planning…
A Tishman Speyer-linked affiliate has paid a combined $65.4 million for two adjacent Santa Clara parcels on the west side of San Jose Mineta International Airport, betting on land that already carries an approved, if unbuilt, data center entitlement in a submarket where new power capacity has become the scarcest…
LOS ANGELES — Paragon Commercial Group has purchased a 46,055-square-foot grocery-anchored shopping center in the Tujunga neighborhood of Los Angeles from the original developer. Situated on nearly 2.7 acres, the property has been home to Smart & Final for more than 30 years and Goodwill for 25 years. Paragon plans…
PUYALLUP, WASH. — Lincoln Property Co.’s Logistics Fund II has purchased Canyon Road Commerce Center, a 275,000-square-foot industrial campus in Washington’s Pierce County. Trammell Crow Co. and an affiliate of CBRE Investment Management sold the asset for an undisclosed price. Located at 5103-5223 136th Street E.…
SANTA MONICA, CALIF. — CBRE has negotiated the $25.9 million sale of 901 Ocean Avenue, a multifamily property along Santa Monica’s Ocean Avenue corridor. The property sold for $23.5 million, with the buyer assuming approximately $2.4 million in transaction-related obligations. A local private investor acquired the…
OXNARD, CALIF. — Harrison Street Asset Management has divested of Clearwater at Riverpark, a 136-unit, Class A independent senior living community in Oxnard. The buyer was an undisclosed S&P 500 company focused on seniors housing. Terms of the transaction were not released. Aaron Rosenzweig and Dan Baker of JLL…
ORINDA, Calif., July 29, 2026 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (Nasdaq: MKZR) (“MacKenzie” or the “Company”) today announced that it is under contract to purchase over $1,000,000 in shares of National Healthcare Properties, Inc. (“NHP”) in a tender offer at $7.27 per share. MacKenzie intends to…
OHT Partners is looking to cash in on the popularity of Houston’s Energy Corridor. The office tenant hotspot will soon be home to a new multifamily project from the Austin-based developer. The 360-unit Park Row Apartments is rising on 14 acres at 14192 Park Row Boulevard, according to a release from OHT. A February…
🏆 Commercial: West Palm Beach had the largest commercial sale to hit records Tuesday. The tenants of Ponte Verde Condominiums collectively sold the property at 1401 Village Boulevard for $90 million. Kamson Corporation and Scopus Property Management were the buyers. The 400 unit property sits on about 28 acres. 📊…
The legal headaches are mounting for Chicago real estate investor Shai Wolkowicki. Trusts represented by U.S. Bank Trust NA launched three foreclosure suits in Cook County Chancery Court targeting South Side residential properties managed by Wolkowicki’s firm, Ruby Development Group. The filings, submitted between…
WEST PALM BEACH, Fla., July 29, 2026 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced results for the quarter ended June 30, 2026.