BH Properties Makes First Hawai‘ian Acquisition
Los Angeles‑based BH Properties has purchased The Shops at Mauna Lani, a six‑acre open‑air retail center on Hawai‘i’s Kohala Coast. The acquisition marks BH’s first investment in the Hawaiian market, though financial terms were undisclosed. The center anchors the Waikoloa Resort area, drawing over 1.5 million visitors annually and offering significant untapped leasing potential. Its location near Queen Kaʻahumanu Highway and Kona International Airport enhances regional accessibility.
Trumark Homes Enters Pacific Northwest Market, Acquires JK Monarch
Trumark Homes announced the acquisition of Washington‑based JK Monarch, marking its entry into the Pacific Northwest market. JK Monarch, founded in 2011, is actively developing communities across the Puget Sound and Tri‑Cities, including projects in Puyallup, Tacoma, Gig Harbor, Bonney Lake, Lakewood,...
MultiCare Acquires Former Rite Aid Site in Renton
MultiCare Health System purchased the former Rite Aid property at 3116 NE Sunset Blvd. in Renton for $7.3 million. The 16,800‑square‑foot building sits on a 1.76‑acre lot and will be converted into an emergency care center in partnership with Overlake Medical Center....
Pediatrics Practice Continues Expansion with Bellmore Location
Colliers brokered a new 3,000‑square‑foot lease for Concierge Pediatrics at 2788 Merrick Road in Bellmore, New York. The Bellmore clinic marks the fourth location for the concierge‑style pediatric practice, adding to its existing sites in Roslyn and Woodbury, NY, and...
JV Secures $283M Refi on Upper West Side Apartments
Dermot Company and Affinius Capital have secured a $283 million loan from Freddie Mac to refinance 101 West End Ave., a 35‑story, 502‑unit apartment complex on Manhattan’s Upper West Side. The financing, arranged by Walker & Dunlop, locks in a fixed rate amid a favorable multifamily debt...
Arrow Real Estate Advisors Arranges $53M Refinance for Illinois MF
Arrow Real Estate Advisors arranged a $53 million balance‑sheet refinance for The Grove Phase I, a newly delivered 162‑unit luxury multifamily property in River Grove, Illinois. The financing, provided by Wells Fargo, was led by Arrow’s senior team on behalf of sponsor Noah...
Transwestern Brokers IHDA Lease at Michigan Plaza
Transwestern announced that the Illinois Housing Development Authority (IHDA) has signed a 72,645‑square‑foot lease at Michigan Plaza, occupying space in the 225 N. Michigan Avenue tower. The lease was brokered for the landlord, Aegis Asset Management, by Transwestern executives, while Avison Young...
Property Reserve Nabs Fully Leased Warehouse at NJ Turnpike Exit 8A
Property Reserve Inc. acquired the 450,330‑square‑foot Eastpoint at Exit 8A warehouse in Monroe Township, New Jersey, from Morgan Stanley in a deal arranged by CBRE. The facility is fully leased to Iron Mountain Information Management, a subsidiary of the global storage...
MacKenzie Commercial Real Estate Tapped to Lease VA Mixed-Use Development
MacKenzie Commercial Real Estate Services has been chosen as the exclusive leasing broker for Culpeper Corner, a speculative mixed‑use development in Culpeper, Virginia. The project will comprise two buildings with over 21,000 sq ft of office and retail space, delivering 13 leaseable...
Gantry Secures $12M Refinance for Portland Region Industrial Property
Commercial real‑estate financing firm Gantry has arranged a $12 million permanent loan to refinance debt on two industrial warehouses in Hillsboro, Oregon. The 10‑acre site comprises 192,000 rentable square feet, including a 152,000‑square‑foot single‑tenant building and a 40,000‑square‑foot multi‑tenant flex space....
Northshore Mall in Peabody Adding Shake Shack,Fogo De Chão
Northshore Mall in Peabody, Massachusetts is expanding its tenant mix with the addition of Fogo de Chão and Shake Shack, marking the first North Shore locations for both brands. The mall also welcomed Old Navy and a renovated Foot Locker featuring a Kids Foot Locker concept....
Northmarq Arranges $145M Refi for Cupertino Offices
Northmarq’s San Francisco Debt + Equity team arranged a $145 million refinancing for The Towers at Cupertino City Center, a 357,502‑square‑foot Class A office campus owned by Prometheus Real Estate Group. The deal emerged from a competitive marketing process that attracted multiple CMBS lenders. Lenders...
TXRE Offloads 83K-SF Arlington Office Building
TXRE Properties sold the 83,050‑square‑foot Arlington Interlink office building to Hielan Real Estate, which secured a $10.5 million loan from Plains Capital Bank. TXRE bought the property in 2022, completed a 2025 renovation, and lifted occupancy from 36 % to 95 % while...
To Bring Employees Back to Office, Understand Attendance Drivers
Placer.ai’s new white paper outlines how employers can boost post‑pandemic office attendance by targeting the underlying drivers of employee behavior. Attendance is climbing to a post‑COVID high, yet growth is moderating, indicating a slower, more incremental return‑to‑office trajectory. The report...
Onetime Atlanta Apartment Community Now 236 Condos
Crescent Heights has launched Panorama, a 236‑unit condominium tower in Atlanta’s upscale Buckhead district. The high‑rise, originally built as an apartment building in 1984, was acquired in November 2024 for just over $55 million and re‑configured for luxury condo sales. Units...
PEBB Inks $35M Refi on Boca Raton Office Properties
PEBB Enterprises completed a $35 million refinancing of two Class A office buildings in Boca Raton, Florida. The loan, provided by Citibank N.A., covers the 89,336‑sq‑ft Boca Corporate Plaza and the 77,340‑sq‑ft 5900 Broken Sound Parkway property. The transaction closed on March 12, with...
Construction Tops Out on 32-Story Fulton Market Mixed-Use Tower
VISTA Property and Skender have topped out the 32‑story Pearl Fulton Market tower at 370 N. Morgan Street in Chicago’s Fulton Market district. Designed by Antunovich Associates, the 539,000‑sq‑ft mixed‑use building will host 494 apartments—including 99 affordable units—alongside 4,500 sq ft of ground‑level retail. A...
High Street Residential Breaks Ground on Second Project in San Pedro
High Street Residential, the residential arm of Trammell Crow Company, and joint‑venture partner Haseko North America have broken ground on Jules San Pedro, an eight‑story mixed‑use project in the San Pedro Waterfront Arts District. The development will deliver 281 market‑rate apartments and roughly...
Yoga Joint Expands to NYC with Locations in Midtown South, Williamsburg
Yoga Joint, founded by former Barry’s executive Adam Shane, has signed a 6,300‑square‑foot lease for the ground floor and part of the basement at 470 Park Ave. South in Manhattan, completing full retail occupancy of the building. Simultaneously, the brand secured a second...
Tustin Legacy Industrial Trades to Private Investor in Sale-Leaseback
Voit Real Estate Services closed a $22.25 million sale‑leaseback of a 55,022‑square‑foot industrial trophy asset in the Tustin Legacy District. The seller, Motive Energy, retains a long‑term lease while the buyer, Deercreek Yorba Linda LLC, gains an institutional‑quality investment. The property...
NPCG Closes Sale of Windsor Locks Apartments in Rebounding Hartford Market
Northeast Private Client Group closed a $4.375 million sale of 21 Spring St., a 31‑unit multifamily building in Windsor Locks, Connecticut. The buyer and seller were not disclosed, and NPCG’s investment VPs represented the seller and sourced the buyer. The property, known as...
Buchanan Partners Acquires Inova’s Former Merrifield HQ for $13M
Buchanan Partners' affiliate acquired Inova Health System's former Merrifield headquarters at 8110 Gatehouse Road for $13 million. The 240,000‑square‑foot office complex, assessed at $10.56 million, will undergo a long‑term redevelopment after Inova vacated the space in 2022. Inova recently consolidated its operations...
801-Room Omni Opens Doors in Ft. Lauderdale
Omni Hotels & Resorts launched its third Florida flagship, the 29‑story Omni Fort Lauderdale Hotel. The waterfront property boasts 801 guest rooms, over 120,000 sq ft of meeting space and six dining venues, including the city’s highest bar, Ibis Sky Lounge. Direct...
NY Blood Center Opens First Bronx Location in Throggs Neck
The New York Blood Center opened a 4,000‑square‑foot donor center in the Throggs Neck Shopping Center, marking its first facility in the Bronx and the 21st in the Tri‑State area. The ribbon‑cutting ceremony featured Bronx Borough President Vanessa Gibson and local officials....
SHoP Architects Renews, Expands Lease at Woolworth Building
SHoP Architects has signed a 15‑year lease renewal and expansion, bringing its total footprint in New York’s historic Woolworth Building to roughly 56,000 sq ft. The firm will occupy the entire 10th and 11th floors, adding 5,486 sq ft to its existing 50,710 sq ft. SHoP...
Parcel Assemblage Sale Sets East Williamsburg Record for Pricing
Avison Young brokered the $13.5 million sale of a four‑lot assemblage at 873‑879 Grand Street in East Williamsburg, setting a neighborhood record of $450 per buildable square foot. The buyer, the Schwimmer Family of Rodgers Development, secured a site with over...
Northern Builders to Develop 365K-SF Industrial Facility at Cherry Hill Business Park
Northern Builders announced a 365,000‑square‑foot build‑to‑suit industrial facility in New Lenox, Illinois, within the Cherry Hill Business Park. The project sits on roughly 19.9 acres near the I‑80 corridor and the I‑355 interchange, offering strong regional connectivity. The building will...
29th Street Capital Acquires 152-Unit Missouri Multifamily Community
29th Street Capital has acquired Lakewood Terrace, a 152‑unit garden‑style apartment community in Belton, Missouri, about 20 miles south of Kansas City. Built in 2002, the property offers one‑, two‑, and three‑bedroom units averaging over 1,025 sq ft, along with a clubhouse,...
Long-Stalled Redevelopment Commences at Bakersfield’s Former East Hills Mall
Construction has begun on City Lights, a 350,000‑square‑foot open‑air retail destination on the former East Hills Mall site in Northeast Bakersfield. The project, driven by Parnagian Capital Group, ZDI’s Stephen Zimmerman, and developer Michael Heslov, targets a spring 2027 opening....
CTO Adds McAllen’s Palms Crossing to Retail Portfolio
CTO Realty Growth, Inc. closed on the Palms Crossing shopping center in McAllen, Texas, adding roughly 400,000 square feet of retail space to its portfolio. The transaction, brokered by JLL Capital Markets, marks a strategic entry into the Rio Grande...
Hamilton Zanze Offloads Glendale Rental Asset for $82.2M
Hamilton Zanze & Co. sold the 360‑unit Tresa at Arrowhead Apartments in Glendale to TerraCap Management for $82.2 million, roughly $228,220 per unit. The buyer secured a $53.4 million Fannie Mae loan to fund the purchase. Hamilton Zanze originally acquired the property a...
Prologis Adding On To Massive La Porte Logistics Park
Prologis broke ground on the final phase of its Port Crossing Commerce Center in La Porte, Texas, adding two new buildings totaling 290,000 square feet. The expansion pushes the park’s footprint above 2.7 million square feet across 11 structures, reinforcing...
Eaton Vance Acquires 360-Unit Katy Rental Community
Eaton Vance Real Estate Investment Group has purchased Elite 99 West, a 360‑unit multifamily community in Katy, Texas. The acquisition was financed with a $40 million Fannie Mae loan arranged by Walker & Dunlop. The 2016‑built property consists of 15 three‑story...
Gwinnett County Seeking Redevelopment Ideas for 106-Acre Industrial Site
The Urban Redevelopment Agency of Gwinnett County is soliciting proposals to transform a 106‑acre dormant industrial parcel near Norcross, adjacent to Lightera’s fiber‑manufacturing campus. The county will consider a range of uses—including multifamily housing, office, retail, industrial or flex‑industrial—and has...
$190M Apartment Tower Going Up in Miami Arts District
NR Investments has broken ground on Uni+Dos, a 31‑story tower in Miami’s Arts and Entertainment District delivering 398 income‑restricted apartments for households earning 60%‑140% of the area median income. Rents are projected between $1,302 and $2,700, placing the building squarely...
1540 Broadway Secures 74K SF of New Office Leases
GFP Real Estate and BDT & MSD Partners announced that 1540 Broadway has secured over 74,000 sq ft of new long‑term office leases. Pandora Jewelry expanded its footprint to 55,872 sq ft across the 34th floor and an existing lease, while Woori Bank New York Agency signed...
Slatt Arranges Life Company Financing for Pasadena Mixed-Use
Slatt Capital closed a $10.2 million life‑company loan to refinance The Standard, a 27,389‑square‑foot mixed‑use building in Pasadena. The five‑year debt financing, led by Gary Goss, replaces existing capital with accretive terms that boost cash flow. The loan gives the owner...
Marcus & Millichap Closes Sale of Court Square Development Site
Marcus & Millichap closed a $9.75 million sale of the 42‑81 Hunter Street development site in Long Island City’s Court Square. Representing seller Werwaiss Properties, the firm secured buyer BS Northern Realty LLC after attracting more than 14 written offers and...
Lender Acquires Irvine Concourse Offices as Headquarters
West Capital Lending purchased 17911 Von Karman Ave., a 104,375‑sq‑ft Class A office building in Irvine’s Concourse submarket, for $23.75 million. Newmark represented the buyer and John Hancock Life Insurance was the seller. West Capital will occupy roughly half of the space to establish its...
Marx Realty Launches Expansion at Yonkers’ Cross County Center
Marx Realty has broken ground on a 58,000‑square‑foot expansion at Cross County Center in Yonkers, adding a 14,000‑sq ft single‑story building and a 44,000‑sq ft two‑story structure. The project includes a four‑acre park and boardwalk that will serve as the mall’s new...
Clear Height Completes Disposition of Elk Grove Village Industrial Property
Clear Height Properties and Harbert Management have completed the disposition of the Triangle Corporate Center, a multi‑tenant flex industrial asset in Elk Grove Village, Illinois. The property, situated less than a mile from Interstate 90 and minutes from O’Hare Airport, offers...
Optimus Expands Retail Presence on San Francisco Peninsula
Optimus Properties, a Los Angeles‑based real estate firm, closed on the Laurel Street Retail Portfolio in downtown San Carlos, adding three non‑contiguous street‑level buildings to its holdings. The acquisition, whose price was not disclosed, includes a mix of local retailers and service‑oriented...
Colliers Closes Sale of 748K-SF Industrial Facility Near KC Airport
Colliers has completed the sale of a 748,833‑square‑foot modern bulk industrial facility in Platte City, Missouri, within the Kansas City metropolitan area. The 2024‑built distribution center, featuring 36‑foot clear heights, 74 dock doors, 7 drive‑in doors, and 463 parking stalls,...
Multifamily Buyer Sentiment Improves for Core Assets
CBRE’s Q4 2025 Core Multifamily Buyer Sentiment survey shows core buyer optimism improved quarter‑over‑quarter while negative sentiment stayed flat, contrasting with a dip in value‑add buyer confidence. Underwriting assumptions remained steady for the second straight quarter, and average going‑in cap rates...
Olshan’s 99 Hudson St. Secures $40M Refi
JLL Capital Markets arranged a $40 million refinancing for Olshan Properties’ 99 Hudson Street, a 183,958‑square‑foot Class B office building in Tribeca. The loan, provided by an insurance company, comes as the property remains about 97 % occupied after extensive upgrades to its...
Thorofare Capital Closes on Loans for SoCal Industrial, Resi Conversion
Thorofare Capital, a commercial‑real‑estate debt manager, closed two floating‑rate senior mortgage loans totaling $74.23 million in Southern California. The larger $52.23 million loan refinances a 198,800‑sq‑ft industrial/manufacturing complex in Anaheim, while a $22 million loan funds the office‑to‑multifamily conversion of the 259,484‑sq‑ft Harbor...
W. P. Carey Names Co-Heads of North American Investments
W.P. Carey promoted Zachary Pasanen and Tyler Swann to co‑heads of North American investments, giving them responsibility for sourcing, underwriting and structuring sale‑leaseback and build‑to‑suit transactions. Both will continue reporting to Gino Sabatini and remain focused on long‑term net‑lease deals....
BKM Enters $150M Strategic Partnership with TriPost Capital
BKM Capital Partners has secured a $150 million strategic partnership with TriPost Capital Partners to fund its national expansion in small‑bay, light‑industrial real estate. The deal provides GP‑capital that enhances BKM’s investment velocity and aligns interests across its vehicles. TriPost brings...
Small-Bay Industrial Property Garners “Incredible Interest”
Marcus & Millichap closed the sale of 10 Charlesview Rd., a 9,600‑square‑foot small‑bay industrial building in Hopedale, Massachusetts, for $2.05 million. The property, built in 2018, comprises six 1,600‑square‑foot units with private offices, 17‑ to 18‑foot clear heights, drive‑in doors and...
Steadfast Financial Signs Five-Year Renewal at 450 Park Ave.
SL Green Realty Corp. finalized a five‑year renewal with Steadfast Financial for 21,640 square feet covering the 20th and 21st floors of 450 Park Ave. in Midtown Manhattan. The lease reinforces Steadfast’s presence in a building that recently unveiled a revamped lobby...
