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Scannell Acquires 130-Acre Buckeye Industrial SiteScannell Properties acquired close to 130 acres off State Route 85 and Southern Avenue in Buckeye from Arizona Land Consulting for $ 32.5 million. Arizona Land Consulting purchased the property in 2024 for $18.3 million.
Building Congress: NYC Must Update Land-Use Rules for Healthcare ConstructionNew York City needs to modernize the land-use and regulatory processes that govern healthcare and life sciences construction, the New York Bulding Congress (NYBC) said in a new report, “Building a Healthier Five Boroughs: The Infrastructure Behind Better Health and Economic…
Tishman Speyer Adds Two-Building Boston Campus to Client Solutions PortfolioTishman Speyer said Wednesday it has been selected by the ownership of Boston SE Propco LLC to provide third-party management and leasing services at 1000 Washington St. and 321 Harrison Ave., a 490,000-square-foot, two-building campus in Boston’s South End.
Lee & Associates Closes $25M Sale of 443K-SF Industrial Building in ElginLee & Associates closed a $24.8 million sale transaction for a 442,601-square-foot industrial building located at 1717 Gifford Drive in Elgin, Illinois.
Celestica Investing $300M in Richardson ExpansionCelestica will renew its lease of two existing buildings and add a new lease for a 343,000-square-foot building currently under construction, totaling approximately 1 million square feet that Celestica will occupy through 2036.
Long-Delayed Candlestick Point Development Advances with Board of Supervisors ApprovalTwelve years after Candlestick Park was demolished and the San Francisco 49ers relocated to Santa Clara, developer FivePoint is set to begin work on the long-delayed Candlestick Point mixed-use project.
Representative imageApril Housing Reopens Three Affordable Housing Communities in East Austin Following $60M RehabilitationAUSTIN, TEXAS — April Housing, Blackstone Real Estate’s affordable housing division, has reopened three affordable housing communities totaling 654 units in East Austin.
GSA Tallies $26B Repair Backlog on Federally Owned Office BuildingsAs the Trump administration moves to sell off federal office buildings, the General Services Administration (GSA) has tallied nearly $26 billion in maintenance needs, Bloomberg News reported. The backlog includes 62 buildings that require repairs costing $100 million or more.
Larkspur Capital Begins Leasing Townhome Project in Dallas’ Cedars DistrictDALLAS — Locally based developer Larkspur Capital has begun leasing Phase I of Victoria Row, a townhome project in the Cedars District near downtown Dallas. Situated on approximately eight acres at 1100 Parker St., Victoria Row features 155 residences across 29 buildings.
JLL Arranges Construction Financing for 111,923 SF Industrial Project in North Fort WorthFORT WORTH, TEXAS — JLL has arranged an undisclosed amount of construction financing for Signature 35, a 111,923-square-foot industrial project that will be located in the Alliance submarket of North Fort Worth.
Law Firm to Take Up 7 Floors of Nashville HighriseHolland & Knight has relocated its Nashville office to Symphony Place, one of Nashville’s premier office towers. Occupying seven floors and 145,000 square feet, the Firm will be Symphony Place’s anchor tenant. Highwoods Properties is the building owner.
Representative imageTelecommunications Firm Signs 42,000 SF Lease at Flex Building in Richardson, TexasRICHARDSON, TEXAS — ANDREW, a hardware manufacturer for the telecommunications industry, has signed a 42,000-square-foot lease in the northeastern Dallas suburb of Richardson.
JLL Negotiates Sale of 655,852 SF Industrial Portfolio Near Port of VirginiaSUFFOLK AND CHESAPEAKE, VA. — JLL has negotiated the sale of a four-building industrial portfolio situated near the Port of Virginia in the Hampton Roads region of the Commonwealth.
Obrecht Properties Enters North Carolina With Planned 325,550 SF Industrial Development Near Fort BraggFAYETTEVILLE, N.C. — Obrecht Properties LLC has purchased 30 acres adjacent to Fort Bragg, a U.S. military base spanning 160,000 acres in central North Carolina.
Marcus & Millichap Brokers $19.5M Sale of Westgate Square Shopping Center in OrlandoORLANDO, FLA. — Marcus & Millichap has brokered the $19.5 million sale of Westgate Square, a 136,189-square-foot, grocery-anchored shopping center located at 2625 Hiawassee Road in Orlando.
Representative imageSRS Arranges $10.9M Sale of New Retail Strip Center in Bradenton, FloridaBRADENTON, FLA. — SRS Real Estate Partners has arranged the $10.9 million sale of Heritage Station, a 13,538-square-foot retail strip center located in Bradenton.
IPA Negotiates Sale of 216-Unit Apartment Complex in Millville, DelawareMILLVILLE, DEL. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of a 216-unit apartment complex in Millville, located near coastal Delaware.
Representative imageTarget Opens 150,000 SF Store at West Orange Plaza in Northern New JerseyWEST ORANGE, N.J. — Target has opened a 150,000-square-foot store in the Northern New Jersey community of West Orange.
Representative imageAtlantic Capital Partners Arranges $9M Sale of Former Movie Theater Complex in Randolph, MassachusettsRANDOLPH, MASS. — Local brokerage firm Atlantic Capital Partners (ACP) has arranged the $9 million sale of a former movie theater complex in Randolph, a southern suburb of Boston.
LTC Acquires Assisted Living, Memory Care Community in Phoenix for $54MPHOENIX — LTC Properties has acquired MorningStar at Arcadia, an assisted living and memory care community located in Phoenix, for $54 million. The community is being added to LTC’s seniors housing operating portfolio (SHOP).