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Representative imageSalt River Pima-Maricopa Indian Community, Mullin 306 Receive Approval for Costco Development in ScottsdaleSCOTTSDALE, ARIZ. — Salt River Pima-Maricopa Indian Community (SRPMIC) and Scottsdale-based Mullin 360 have received approval to develop a Costco at 4499 N. Pima Road in Scottsdale. The project will be the first-ever Costco store on tribal land in the United States.
Representative imageEMZ Equity Group Sells 24-Unit Alvernon Apartments in TucsonTUCSON, ARIZ. — EMZ Equity Group has completed the sale of Alvernon Apartments, a multifamily community in Tucson, to Alvernon Coyote LLC for $1.8 million. Located at 2053 and 2099 N. Alvernon Way, the 13,200-square-foot complex features 24 apartments.
EOS Fitness Adds Two Florida LocationsEōS Fitness has signed two new long-term leases, one in Cape Coral and the other in Palm Beach Gardens.
Equus Acquires 19-Building Charlotte Warehouse Portfolio for $102MEquus Capital paid $102 million for a 648,000 square foot industrial portfolio in Charlotte. The Greylyn Business Park, at 9535 Monroe Road comprised 19 buildings across four parcels totaling nearly 57 acres. the portfolio is 92.8% occupied.
Representative imageEquus Pays $102M for Charlotte CampusThe business park changed ownership at a 122 percent premium to its previous sale. The post Equus Pays $102M for Charlotte Campus appeared first on Commercial Property Executive.
Equus Acquires Greylyn Business Park in Charlotte for $102MCHARLOTTE, N.C. — Equus Capital Partners has acquired Greylyn Business Park, a 19-building industrial park totaling 648,060 square feet in the Southeast Industrial submarket of Charlotte. The $102 million acquisition was completed on behalf of a value-add fund sponsored by Equus.
JLL Arranges $74.5M Refinancing for Trader Joe’s-Anchored Shopping Center in CharlottesvilleCHARLOTTESVILLE, VA. — JLL Capital Markets has arranged a $74.5 million loan for the refinancing of the Shops at Stonefield, a 267,294-square-foot shopping center located in the Central Virginia city of Charlottesville, just two miles north of the University of Virginia.
Omega Construction Breaks Ground on 801,000 SF Distribution Center in Macon, Georgia for Bob’s Discount FurnitureMACON, GA. — Winston-Salem, N.C.-based Omega Construction has broken ground on an 801,000-square-foot warehouse and distribution facility for in Macon for Bob’s Discount Furniture.
Representative imageNuveen Buys Retail Portfolio for $298MThe seven-property collection was 96 percent leased at the time of sale. The post Nuveen Buys Retail Portfolio for $298M appeared first on Commercial Property Executive.
SRS Real Estate Brokers $5.3M Sale of Central Florida Retail CenterAPOPKA, FLA. — SRS Real Estate Partners has brokered the $5.3 million sale of the Shoppes at Hunt Club, an 8,211-square-foot retail property located in Apopka, approximately 12 miles northwest of Orlando.
Eastham Capital, Bender Cos. Buy Multifamily Community in Metro Chicago for $24.1MGLENDALE HEIGHTS, ILL. — Eastham Capital has acquired The Flats at Gladstone in the Chicago suburb of Glendale Heights with its operating partner Bender Cos. The purchase price was $24.1 million. The 168-unit, garden-style community was 96 percent leased at the time of sale.
Representative imageTopSide Marinas Acquires Campbell Point Marina in Shell Knob, MissouriSHELL KNOB, MO. — TopSide Marinas has acquired Campbell Point Marina on Table Rock Lake in Shell Knob within southwest Missouri. The transaction marks the third for TopSide Marinas in Missouri and the Ozarks, after the acquisition of Cape Fair Marina and Hideaway Marina in 2023.
Boulder Group Arranges $5.3M Sale of CVS-Occupied Retail Property in ChicagoCHICAGO — The Boulder Group has arranged the $5.3 million sale of a single-tenant retail property net leased to CVS in Chicago. Constructed in 2002, the 15,414-square-foot building is located at 3951 W. 103rd St.
Representative imageEQT Sells 7 MSF Logistics Portfolio for $650MThe deal comprises the second tranche of a large disposition. The post EQT Sells 7 MSF Logistics Portfolio for $650M appeared first on Commercial Property Executive.
Representative imageAligned Taps $2.6B Credit Facility for Data Center ExpansionThe financing will support later-stage developments at sites in three key markets. The post Aligned Taps $2.6B Credit Facility for Data Center Expansion appeared first on Commercial Property Executive.
Real Estate’s New Social Media Age Means Going Beyond Real Estate EntirelyOMG you need to check the Group Chat! The Group Chat is a wildly popular TikTok series from creator Sydney Robinson, who goes by Sydney Jo on social media, in which a clowder of friends — all played by Robinson — keep up with one another’s lives and the drama happening within…
Representative imageFTI Experts’ Hub: Why Property Valuations DivergeMark Dunec of FTI Consulting joins CPE’s Laura Valean to discuss what’s driving disconnects in CRE pricing and how to reduce the risk of appraisal surprises. The post FTI Experts’ Hub: Why Property Valuations Diverge appeared first on Commercial Property Executive.
Representative imagePhoenix’s Office Sector Enters 2026 With Lower VacanciesSee which other metrics improved in The Valley, according to Yardi Matrix. The post Phoenix’s Office Sector Enters 2026 With Lower Vacancies appeared first on Commercial Property Executive.
Newmark’s North America Leasing Chief, Liz Hart, On AI, Tech Firms and TalentIf we may paraphrase a line from Gene Hackman’s character in the 2000 football movie “The Replacements,” to win in the real estate game you need “miles and miles and miles of heart.” Newmark has that literally and figuratively in Elizabeth “Liz” Hart.
CIM Group Divests Greenwich Village Boutique Offices for $46MNewmark arranged the sale and financing of 88 University Pl., a 100,000-square-foot Beaux-Arts office building with ground-floor retail located in Greenwich Village.