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Kurv Industrial Acquires South Florida Industrial Park for $220MPOMPANO BEACH, FLA. — Kurv Industrial, formerly known as Bridge Industrial, has acquired East Pompano Industrial Center, a five-building industrial park in South Florida’s Broward County.
Representative imageIPA Arranges $113.7M in Acquisition Financing for Fort Worth Retail PortfolioFORT WORTH, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged $113.7 million in acquisition financing for Presidio Junction, a portfolio of three contiguous retail centers totaling approximately 375,000 square feet in Fort Worth.
Redline, Landmark Industrial to Develop 137,388 SF Facility in East CharlotteCHARLOTTE, N.C. — A partnership between Redline Property Partners and Landmark Industrial plans to develop a 137,388-square-foot industrial facility in Charlotte.
Foundry Arranges $24.5M Sale of Mixed-Use Building in Winter Garden, FloridaWINTER GARDEN, FLA. — Orlando-based Foundry Commercial has brokered the $24.5 million sale of The Exchange, a mixed-use building located at 270 W. Plant St. in downtown Winter Garden, a suburb of Orlando.
Palladium Nears Completion of $33M Mixed-Income Housing Project in Metro HoustonKATY, TEXAS — Palladium USA is nearing completion of a $33 million mixed-income housing project in the western Houston suburb of Katy.
Mohr Capital to Develop 371,388 SF Warehouse in East HoustonHOUSTON — Dallas-based Mohr Capital will develop Oates 610, a 371,388-square-foot warehouse in East Houston. The site spans 22.3 acres at the intersection of I-610, I-10 and U.S.
Representative imageAres Management to Acquire Whitestone REIT for $1.7BThis represents Ares' second public-to-private merger this year. The post Ares Management to Acquire Whitestone REIT for $1.7B appeared first on Commercial Property Executive.
Representative imageSeyfarth Shaw Signs 40,487 SF Office Lease in Downtown HoustonHOUSTON — Seyfarth Shaw has signed a 40,487-square-foot office lease in downtown Houston. The law firm is taking space at 811 Main, a 974,884-square-foot office building.
Worldwide Logistics Signs 451,916 SF Industrial Lease in Sayreville, New JerseySAYREVILLE, N.J. — Worldwide Logistics USA, the American affiliate of Chinese freight company Worldwide Logistics Group, has signed a 451,916-square-foot industrial lease in the Central New Jersey community of Sayreville.
Representative imageAtlantic Capital Partners Arranges $10M Sale of Two Metro Boston Office BuildingsWILMINGTON, MASS. — Regional brokerage firm Atlantic Capital Partners has arranged the $10 million sale of two office buildings totaling 61,888 square feet in Wilmington, a northern suburb of Boston.
Representative imageKislak Negotiates $8.3M Sale of Apartment Building in Poughkeepsie, New YorkPOUGHKEEPSIE, N.Y. — Regional brokerage firm The Kislak Co. Inc. has negotiated the $8.3 million sale of Hamilton Garden Apartments, a 58-unit building in Poughkeepsie, located north of New York City.
Representative imageZeta Charter Schools to Open 35,000 SF Temporary High School in Upper ManhattanNEW YORK CITY — Zeta Charter Schools will open a 35,000-square-foot temporary high school facility in the Washington Heights area of Upper Manhattan. The lease term is two years, and the space is located within St. Rose of Lima Catholic Church.
Representative imageSimon Property Forges Ahead With New Leadership and David Simon’s Tested PlaybookThe death of David Simon on March 22 occurred at a moment of incredible financial and operational strength for his company, Simon Property Group.
SimonCRE Buys 38 Acres to Develop 363,000 SF Retail Center in AlbuquerqueALBUQUERQUE, N.M. — SimonCRE has acquired approximately 38 acres of land to develop Lobo Crossing, a 363,000-square-foot, open-air center located on the University of New Mexico’s south campus in Albuquerque. A timeline for the $150 million project was not disclosed.
Mill Creek Residential Breaks Ground on 280-Unit Multifamily Project in Des Moines, WashingtonDES MOINES, WASH. — Mill Creek Residential has begun construction of Modera Woodmont Beach, an apartment community in Des Moines, 20 miles south of downtown Seattle. Resident move-ins are estimated to begin in summer 2027.
MBK Senior Living Sells Two Communities in California Totaling 198 UnitsMANTECA AND STOCKTON, CALIF. — MBK Senior Living has sold two seniors housing communities in California totaling 198 units. Clarion Partners acquired the communities for an undisclosed price.
Colorado School of Mines Acquires 50,646 SF R&D Facility in GoldenGOLDEN, COLO. — Colorado School of Mines has purchased a R&D and laboratory facility located at 16194 W. 45th Drive in Golden. J&N Real Estate Co. sold the asset for $5.8 million.
BREAKING NEWS: Ares Management Taking Whitestone REIT Private for $1.7 BillionWhitestone REIT and Ares Management Corporation said Thursday that Whitestone has entered into a definitive merger agreement with certain Ares Real Estate funds in which Ares will acquire all outstanding Whitestone common shares and operating partnership units in an all-cash…
Representative imageJV Lands Financing for Salt Lake City Industrial ProjectThe new development will target smaller users. The post JV Lands Financing for Salt Lake City Industrial Project appeared first on Commercial Property Executive.
Representative imageKansas City Office Building Changes HandsA community bank acquired the Class A asset. The post Kansas City Office Building Changes Hands appeared first on Commercial Property Executive.