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Representative imageCushman & Wakefield Negotiates $56.6M Sale of Industrial Facility in Upper Marlboro, MarylandUPPER MARLBORO, MD. — Cushman & Wakefield has negotiated the $56.6 million sale of a 202,976-square-foot industrial facility located at 8511 Pepco Place in Upper Marlboro, a suburb of Washington, D.C.
Orion Buys Food Lion-Anchored Shopping Center in Boone, North Carolina for $26.1MBOONE, N.C. — Miami-based Orion Real Estate Group has acquired Watauga Village, an 88,800-square-foot neighborhood shopping center located in Boone, a city in western North Carolina and home of Appalachian State University.
Cadence McShane Completes 75,000 SF Industrial Project in Kyle, TexasKYLE, TEXAS — General contractor Cadence McShane has completed a 75,000-square-foot industrial project in Kyle, a southern suburb of Austin.
Trammell Crow-Led Team Starts Work on Charlotte Warehouse ProjectTrammell Crow Company (TCC) has broken ground on Caldwell Commerce Center, a two-building, 233,335-square-foot speculative industrial development in Charlotte, North Carolina. Delivery is expected by July 2027.
Representative imageAvatar Financial Provides $3.9M Bridge Loan for Metro Houston HotelRICHMOND, TEXAS — Seattle-based lender Avatar Financial Group has provided a $3.9 million bridge loan for the 80-room Fairfield Inn & Suites byMarriott hotel in Richmond, a southwestern suburb of Houston.
Representative imageNeveon USA Signs 59,000 SF Industrial Lease Renewal, Expansion in Northeast Fort WorthFORT WORTH, TEXAS — Neveon USA, a provider of upholstery, foam and insulation products, has signed a 59,000-square-foot industrial lease renewal and expansion in northeast Fort Worth.
Representative imageDhanani Private Equity Group Welcomes New Tenants to San Antonio Shopping CenterSAN ANTONIO — Dhanani Private Equity Group, a Houston-based owner-operator, has welcomed several new tenants to the 635,000-square-foot Park North Shopping Center in San Antonio.
Related Affiliate Obtains $167M Loan Package for Miami Apartment CommunityRelated Urban Development Group (RUDG), part of The Related Group, inked a $167 million financing package for the Gallery at Lummus Parc. Greystone provided the financing.
JLL Arranges $75M in Financing for Industrial Park in Medford, New YorkMEDFORD, N.Y. — JLL has arranged $75 million in financing for Rechler Business District, a master-planned industrial business park in Medford, located on Long Island.
Newmark Arranges $125M Sale of 352K-SF Deer Park Town CenterNewmark has arranged the $125 million sale of Deer Park Town Center, a 352,257-square-foot open-air lifestyle center located in Deer Park, Illinois.
Representative imageAriel Property Advisors Negotiates $75M Sale of Two Manhattan Apartment BuildingsNEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has negotiated the $75 million sale of two Section 8 apartment buildings totaling 126 units in Manhattan. The properties are located at 200 Manhattan Ave. and 133 W. 104th St.
Griffis Residential Receives $86M in Financing for Denver Apartment CommunityDENVER — Griffis Residential has received $86 million in financing for Griffis Union Station, a Class A apartment property in Denver. Eric Tupler, Kevin Barron and Jake Martin of JLL Capital Markets secured the five-year senior agency loan for the borrower.
Representative imageAtlantic Capital Partners Negotiates $10.2M Sale of Shopping Center in Springfield, MassachusettsSPRINGFIELD, MASS. — Regional brokerage firm Atlantic Capital Partners (ACP) has negotiated a $10.2 million sale of Boston Commons Plaza, a 103,494-square-foot shopping center in the Western Massachusetts city of Springfield.
D.R. Horton Divests of 260-Unit Ascend at Black Canyon Multifamily Property in PhoenixPHOENIX — D.R. Horton has completed the disposition of Ascend at Black Canyon, an apartment community in Phoenix, to Millburn & Co. for $58.7 million, or $225,769 per unit.
Representative imageLoeb & Loeb Signs 18,908 SF Office Lease Expansion, Extension in Midtown ManhattanNEW YORK CITY — Loeb & Loeb has signed an 18,908-square-foot office lease expansion and 16-year extension at 345 Park Avenue in Midtown Manhattan.
SRS Real Estate Brokers $27.5M Sale of Value-Add Retail Property in Santa Clarita, CaliforniaSANTA CLARITA, CALIF. — SRS Real Estate Partners has arranged the sale of a value-add retail property located at 23126-23170 Valencia Blvd. in Santa Clarita. A Los Angeles-based investor sold the asset to Glendale, Calif.-based Avant Real Estate for $27.5 million. Situated on 12.
Representative imageSterling Organization Buys 69,622 SF Pavilions Marketplace in West HollywoodWEST HOLLYWOOD, CALIF. — West Palm Beach, Fla.-based Sterling Organization, on behalf of its institutional value-add fund Sterling Value Add Partners, has acquired the 69,622-square-foot Pavilions Marketplace in West Hollywood. Terms of the transaction were not released.
Värde Partners Supplies $66M Refi for Phoenix Single-Family Rental PropertyArizona developer Empire Group has sealed a $65.5 million loan to refinance a newly built single-family rental (SFR) community in Phoenix, Commercial Observer has learned.
L+M Companies Names Eben Ellertson Its New CEOL+M Companies, the umbrella company of L+M Development Partners, LMXD and L+M Fund Management, has named a new CEO and president, Commercial Observer has learned.
Dina Levy Has a Very Bold Mandate for Affordable Housing in New York CityDina Levy started her career organizing tenants to fight for better living conditions in dilapidated apartments. Now she has the power to hold landlords accountable for long-awaited repairs as New York City’s latest commissioner of Housing Preservation and Development (HPD).