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Representative imageProvident Industrial Buys 1.5 MSF Industrial Park in Hutchins, TexasHUTCHINS, TEXAS — Provident Industrial, a division of Dallas-based investment firm Provident, has purchased Commerce 45, a two-building, 1.5 million-square-foot industrial park in Hutchins, a southeastern suburb of Dallas.
Healthpeak, Brookfield Launch $2.1B Outpatient Medical JVHealthpeak Properties, Inc. and Brookfield Asset Management on Monday announced the formation of a joint venture involving a portfolio of outpatient medical buildings across the U.S.
JLL Arranges $40.9M Acquisition Loan for Irving Apartment ComplexIRVING, TEXAS — JLL has arranged a $40.9 million acquisition loan for Allura Las Colinas, a 288-unit apartment complex in Irving.
Ardent Acquires Kennesaw MallTown Center at Cobb in Kennasaw transferred to The Ardent Cos. as part of a foreclosure auction. The Atlanta Business Chronicle reports the transaction was valued at $51.75 million.
Koontz Corp. Sells Two San Antonio Industrial Buildings Totaling 187,200 SFSAN ANTONIO — Local developer Koontz Corp. has sold two industrial buildings totaling 187,200 square feet in San Antonio.
Wellpointe to Develop $2B Affordable Seniors Housing Campus in Los AngelesLOS ANGELES — Wellpointe has announced plans for the development of a new affordable seniors housing campus within the Warner Center master-planned district in Los Angeles.
Representative imageCoStar Opens $460M Expanded Office Campus in Downtown RichmondRICHMOND, VA. — CoStar Group has opened Foundry Park, its newly expanded, $460 million corporate office campus located along the James River in downtown Richmond. The expansion added 750,000 square feet of office and retail space to the riverfront.
JLL Secures $176.6M Construction Loan for Student Housing Development Near University of Central FloridaORLANDO, FLA. — JLL Capital Markets has secured a $176.6 million construction loan for The Place at Alafaya, a 1,395-bed student housing development located at 11600 MacKay Blvd. near the University of Central Florida (UCF) campus in Orlando.
Talonvest Arranges $57.7M Refi on 7 Florida Self-Storage FacilitiesTalonvest Capital arranged $57.7 million in financing for seven Florida self-storage properties on behalf of HPI Real Estate Services & Investments. The portfolio consists of institutional-quality, Class A self-storage assets developed and acquired by HPI between 2021 and 2024.
Representative imageCenturion Foundation Acquires Northlake Mall in Metro Atlanta for $95M, Plans Expansion for Emory HealthcareTUCKER, GA. — Centurion Foundation, an independent nonprofit organization that specializes in real estate and financing solutions for the healthcare and higher education sectors, has acquired Northlake Mall, a nearly 1 million-square-foot shopping center in the Atlanta suburb of…
Albion Delivers 458-Unit Residential Community in Midtown NashvilleNASHVILLE, TENN. — Albion Residential has delivered Albion Music Row, a 458-unit multifamily community located in Midtown Nashville. The 29-story apartment complex, which was developed on the former Beaman auto dealership property, is now fully open.
Graycliff Capital Offloads Two Augusta Apartment CommunitiesBerkadia brokered the sale and financing of two garden-style multifamily properties in Augusta, Georgia: Stevens Creek Commons and Marks Church Commons. Berkadia’s Mike Riley, Ian Shaw, Andrew Mays and Paul Vetter led the sale on behalf of the seller, Haley Real Estate Group.
Representative imageAxonic Capital Receives $72M Loan for Refinancing of Midtown Manhattan Office BuildingNEW YORK CITY — Investment management firm Axonic Capital has arranged a $72 million senior loan for the refinancing of the leasehold interest of 430 Park Avenue, a 19-story office building in Midtown Manhattan.
WinnCos. Begins $33M Renovation of Affordable Housing Property in Atlantic CityATLANTIC CITY, N.J. — Regional affordable housing owner-operator WinnCos. has begun the $33 million renovation of Garden Court Apartments, a 177-unit affordable housing property in Atlantic City. WinnCos.
Affinius Capital, Axonic Capital Provide $43M Refi for Miami-Area Self-Storage PropertiesUTEX Storage Partners has secured a $42.5 million loan to refinance a two-property self-storage portfolio in Miami-area cities Coral Gables and Pembroke Pines, Commercial Observer can first report.
JLL Arranges Sale of 365,071 SF Shopping Center in Whitehall, PennsylvaniaWHITEHALL, PA. — JLL has negotiated the sale of Whitehall Plaza, a 365,071-square-foot shopping center located in the Lehigh Valley.
Zilber to Develop 252,000 SF Spec Industrial Facility in Germantown, WisconsinGERMANTOWN, WIS. — Zilber Property Group (ZPG) has unveiled plans to develop Zilber Industrial 7 within Germantown Gateway Corporate Park in Germantown, a northwest suburb of Milwaukee.
Representative imageBradford Allen Negotiates Two Office Leases for Illinois Retina in Chicago MarketSKOKIE, ILL. AND MUNSTER, IND. — Bradford Allen has negotiated two leases on behalf of Illinois Retina in the Chicago market.
Lee & Associates Arranges $5.2M Sale of Industrial Building in Metro ChicagoELK GROVE VILLAGE, ILL. — Lee & Associates of Illinois has arranged the $5.2 million sale of a 39,879-square-foot industrial building located at 1951 Lively Blvd. in Elk Grove Village.
Brookfield, CPP To Pay $5.2B To Take 108-Property Industrial Firm PrivateBrookfield Asset Management and Canada Pension Plan Investment Board are teaming up for a $5.2B bet on the U.S. industrial market. BAM, the New York-based investment management arm of Toronto-based Brookfield Corp., and CPPIB plan to buy LXP Industrial...