Loading
Loading
Newest first. Pick a type, a sector, or both.
Sant Ambroeus Restaurant Coming to the Miami Design DistrictPopular Milanese restaurant Sant Ambroeus is set to open near the Miami Design District, Commercial Observer has learned.
Mazaheri Acquires Norman Retail Center for $82.2MDisney Investment Group (DIG) brokered the $82.25 million sale of University Town Center (UTC) in Norman, Oklahoma. David Disney and Adam Crockett of DIG represented the seller, Rainier Companies and procured the buyer, Mazaheri Properties.
Dwight Capital Lends $66M of HUD Debt on Texas Luxury Apartments ProjectMartin Inderman Development has landed $66 million of U.S. Department of Housing and Urban Development (HUD)-backed debt to develop a luxury multifamily project in central Texas, Commercial Observer has learned.
Worcester Active Adult Community Secures Bridge Loan Amid Increasing DemandJLL Capital Markets arranged $39 million in financing for The Arbella at Bramble Hill, a recently completed, 123-unit, Class A active adult community in Worcester, MA.
Rosewood Property Co. Begins Leasing 338-Unit Apartment Community in PlanoPLANO, TEXAS — Dallas-based Rosewood Property Co. has begun leasing The Buckley, a 338-unit apartment community in Plano. The Buckley is the sister property of The Ludlow, both of which are located within the 156-acre Heritage Creekside master-planned development.
W. P. Carey Closes 43-Property Sale-Leaseback with GardenCoreNet lease REIT W. P. Carey (WPC) recently closed the sale-leaseback of a 43-property manufacturing portfolio with newly branded GardenCore (formerly Oldcastle Lawn & Garden), a leading U.S. manufacturer of lawn and garden consumables, for a reported $400 million.
Representative imageArvato USA Signs 269,600 SF Industrial Lease in Denton, TexasDENTON, TEXAS — Arvato USA has signed a 269,600-square-foot industrial lease in the North Texas city of Denton. The Germany-based third-party logistics provider will occupy the entirety of Denton Logistics Center, a newly constructed building that features 32-foot clear heights.
Greystar Eyeing 896 Doral Apartment UnitsGreystar is seeking permission from the City of Doral to build 896 apartments at the Miami International Mall. The development is slated to go where two department store buildings currently stand.
Representative imageBerkadia Brokers Sale of 186-Unit Seniors Housing Property Near HoustonLEAGUE CITY, TEXAS — Berkadia has brokered the sale of Grand Living at Tuscan Lakes, a 186-unit seniors housing property in League City, about 30 miles southeast of Houston. Opened in 2023, the property offers independent living, assisted living and memory care residences.
Representative imageCreative Action to Open 25,000 SF Headquarters in Austin’s Mueller DistrictAUSTIN, TEXAS — Creative Action, a youth arts education organization, will open a 25,000-square-foot headquarters at Mueller, a 700-acre mixed-use district in North Austin that is a redevelopment of a former municipal airport.
CTO Adds 163K-SF Atlanta Retail Center to Property PortfolioCTO Realty Growth acquired Madison Yards, a 163,000 square foot retail center in Reynoldtown, for $73.3 million. An affiliate of Heitman Capital Management was the seller. Crawford Square Real Estate Advisors will lease and manage the property.
Panepinto Properties Begins Leasing 53-Story Apartment Tower in Jersey CityJERSEY CITY, N.J. — Locally based developer Panepinto Properties has begun leasing 505 Summit, a 53-story apartment tower in the Journal Square area of Jersey City. The building offers 605 units in studio, one-, two- and three-bedroom floor plans.
TPG-Led Investor Group Acquires ECHO Realty in $2B DealA TPG Real Estate-led group has acquired ECHO Realty, a full-service owner and operator of grocery-anchored retail real estate, in a transaction valued at approximately $2 billion.
Representative imageJonathan Rose Cos. Buys Upper Manhattan Affordable Housing Building for $53MNEW YORK CITY — Local investment firm Jonathan Rose Cos. has purchased The Caroline Apartments, a 126-unit affordable housing building in the Inwood section of Upper Manhattan, for $53 million. The building was constructed in 1980 and last renovated in 2008.
Representative imageIDI Logistics Breaks Ground on 154,387 SF Industrial Project in Piscataway, New JerseyPISCATAWAY, N.J. — IDI Logistics has broken ground on a 154,387-square-foot industrial project in the Northern New Jersey community of Piscataway. The building at 1551 S. Washington Ave.
Representative imageTRAC Intermodal Signs 31,000 SF Office Lease in Princeton, New JerseyPRINCETON, N.J. — TRAC Intermodal has signed a 31,000-square-foot office lease in Princeton. The provider of logistics services is taking space on the third floor of the building at 600 College Road, which is part of the Princeton Point campus.
Representative imageLaw Firm London Fischer, Nonprofit Adapt Community Network Ink Deals on Maiden LaneA personal injury law firm and a nonprofit serving people with disabilities have signed new office deals on Maiden Lane in Manhattan’s Financial District.
BLS: U.S. Economy Adds 172,000 Jobs in MayWASHINGTON, D.C. — Total nonfarm employment in the United States increased by 172,000 jobs in May, according to the U.S. Bureau of Labor Statistics (BLS).
Walker & Dunlop Arranges $223M in Bridge Financing for Southeast Multifamily PortfolioBETHESDA, MD. — Walker & Dunlop has arranged $223 million in bridge financing for five multifamily properties in North Carolina, South Carolina and Florida totaling 1,345 units.
Berkadia Secures $37.6M C-PACE Loan for Outpatient Medical Facility in D.C.WASHINGTON, D.C. — Berkadia has secured $37.6 million in C-PACE (Commercial Property-Assessed Clean Energy) financing for 1201 Sycamore, a trophy outpatient medical and community services facility located in Washington, D.C.’s Congress Heights neighborhood.