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Nuveen Provides $38.6M in C-PACE Financing for Seniors Housing Development in Central TexasHORSESHOE BAY, TEXAS — Nuveen Green Capital has provided $38.6 million in Commercial Property Assessed Clean Energy (C-PACE) financing for the development of a new seniors housing community in Horseshoe Bay, roughly 50 miles northwest of Austin.
Apex Development, Knickpoint Ventures Secure $60M Financing for Bronx Charter SchoolThe site of an unoccupied auto repair shop along the Bronx’s East Tremont Avenue is set to be transformed into a 700-student charter school.
Representative imageJLL Arranges Refinancing of Portion of Old Parkland Office Campus in Uptown DallasDALLAS — JLL has arranged a loan of an undisclosed amount for the refinancing of six office buildings totaling 288,217 square feet within the historic Old Parkland campus in Uptown Dallas.
Representative imageFocus Healthcare Acquires Continuing Care Retirement Community in West HoustonHOUSTON — Focus Healthcare Partners has acquired The Buckingham, a continuing care retirement community in West Houston. The property’s unit count was not disclosed.
Representative imageLee & Associates, Younger Partners Broker Sale of 12,006 SF Industrial Building in ArlingtonARLINGTON, TEXAS — Lee & Associates and Younger Partners have co-brokered the sale of a 12,006-square-foot industrial building in Arlington. The building at 1300 E. Corporate Drive was originally constructed in 1976.
Madison Park Development Tops Off on First of Four Parcels in Nubian SquareMadison Park Development Corporation (MPDC) and the Mayor’s Office of Housing topped off construction at the 75 Dudley St. development in Nubian Square.
Newmark Brokers $68M Sale of Life Sciences, Biomanufacturing Facility in ProvidencePROVIDENCE, R.I. — Newmark has brokered the $68 million sale of a life sciences and biomanufacturing facility in Providence.
Representative imageJoint Venture Acquires 348,742 SF Retail Power Center in Ramsey, New JerseyRAMSEY, N.J. — A joint venture between New York City–based alternative asset manager Wafra and local owner-operator Crossroads Cos. has acquired a 348,742-square-foot retail power center in Ramsey, located near the New York-New Jersey border.
Representative imageBest Buy to Open 35,500 SF Store in Nanuet, New YorkNANUET, N.Y. — Best Buy will open a 35,500-square-foot store in Nanuet, located just north of the New York-New Jersey border.
Representative imageRover Diagnostics Signs 15,763 SF Life Sciences Lease in QueensNEW YORK CITY — Rover Diagnostics has signed a 15,763-square-foot life sciences lease in Queens. The space is located on the ground floor of Innolabs, a 266,800-square-foot development in the borough’s Long Island City area.
RREAF Acquires 300-Unit Savannah Rental CommunityOne Real Estate Investments offloaded The Palms at Chatham, a 300-unit multifamily property located at 5110 Garrard Avenue in Savannah, Georgia. Newmark’s Brooks Colquitt and James Wilber represented One Real Estate Investment in the sale to the buyer, RREAF Holdings.
Global Data Center Demand Outpaces Available SupplyGlobal data center demand from artificial intelligence (AI) uses is outpacing available space capacity, pushing vacancy rates toward historic lows despite a wave of new supply, according to CBRE’s latest Global Data Center Trends report.
Moda Snags $49M Construction for Nashville BTR DevelopmentModa Homes obtained a $49.43 million construction loan for Moda Vista, a 102-unit build-to-rent residential community located at 3320 Curtis Street in the Bordeaux neighborhood of Nashville, Tennessee, north of downtown. Forman Capital originated the loan.
Hunt Midwest Delivers 505,134 SF Industrial Building in Metro LouisvilleSIMPSONVILLE, KY. — Kansas City-based Hunt Midwest has delivered the first building at Simpsonville 64 Logistics Park, an industrial park in metro Louisville that can accommodate up to 3.3 million square feet of logistics space.
Newmark Secures Refinancing for 448-Unit Apartment Community in Boca RatonBOCA RATON, FLA. — Newmark has secured a loan of an undisclosed amount for the refinancing of The Seven at West Boca, a 448-unit apartment community located at 10235 Boca Entrada Blvd. in Boca Raton.
Stonemont Inks Full-Building Industrial Lease in Tampa Spanning 100,698 SFTAMPA, FLA. — Atlanta-based Stonemont has executed a full-building lease at TIA Executive Center, a 100,698-square-foot industrial facility located at 6111 Johns Road in Tampa.
Representative imageSLIB Arranges Sale of 54-Unit Seniors Housing Community in TuscaloosaTUSCALOOSA, ALA. — Senior Living Investment Brokerage (SLIB) has arranged the sale of an assisted living and memory care community located in Tuscaloosa. Built in 1994 and 2003, the property comprises 54 units.
Scannell Properties Buys 129 Acres in Buckeye, Arizona for Development of Summit Logistics CenterBUCKEYE, ARIZ. — Scannell Properties has acquired 129 acres at the northwest corner of Southern Avenue and Rooks Road in Buckeye from Scottsdale-based Arizona Land Consulting for the development of Summit Logistics Center. The sales price was $32.5 million.
Asana Partners Invests $25M for Redevelopment of Retail Center in Salt Lake CitySALT LAKE CITY — Asana Partners has invested $25 million to redevelop Foothill Village, a 260,000-square-foot retail center located in the East Bench neighborhood of Salt Lake City.
Transwestern Brokers $16.5M Sale of 262-Bed Student Housing Community in Greeley, ColoradoGREELEY, COLO. — Transwestern’s National Student Housing team has brokered the $16.5 million sale of University Flats, a student housing community located at 1758 6th Ave. in Greeley. An entity doing business as 1758 6th Avenue LLC acquired the asset for $62,879 per bed.