National

Appian Investments acquired the Renaissance Plaza in Greensboro. The 287,000-square-foot office tower was purchased for $22 million. CBRE’s Patrick Gildea, Matt Smith and Greg Wilson represented the seller, Richardson Properties, in the transaction. Renaissance Plaza is a 19-story office tower located at the corner of North Elm Street and Abe Brenner Place in the heart …

Radnor Property Group, in partnership with Madrone Community Development Foundation, joined Morehouse College and Spelman College in breaking ground on The Den at Eight50 West: a $147 million student housing development in the West End neighborhood of Atlanta. The project is at 850 West End Avenue in Atlanta, steps from Morehouse and Spelman Colleges. The Den …

Wingate Living has acquired Wingate Residences in Cranston, RI, formerly known as Victoria Court. The memory care facility marks Wingate’s third property in Rhode Island and its only standalone memory care community.  “Expanding our presence in Rhode Island is an exciting and important step for Wingate,” said Alexandra Schuster, president of Wingate. “Wingate Residences at …

BGO acquired 545 Washington St., a newly constructed, 132,055-square-foot Class A industrial property in Wrentham, MA, for a reported $34.9 million on behalf of an institutional investor. Completed in 2023, the property is 100% leased to two tenants.  JLL Capital Markets senior managing directors Michael Restivo and John Plower, along with senior director David Coffman …

Barings has provided $138.6 million in first mortgage financing to refinance the first phase of Speedway Commerce Center, consisting of two Class A industrial buildings totaling approximately 656,000 square feet in Rancho Cucamonga. The financing was provided to Hillwood. “We are pleased to provide this financing to Hillwood, a best-in-class industrial developer with a long …

Marcus & Millichap arranged the sale of Canyon Villas, a 122-unit, 122-operating bed, independent living, assisted living and memory care facility with 133 licensed beds in the Clairemont neighborhood of San Diego. Pricing was not disclosed. “Our marketing process on Canyon Villas generated multiple high-quality offers and provided the buyer with a compelling value-add opportunity …

Lee & Associates has closed four office leases in Chicago’s western and northwest suburbs. Grant Bollman, senior vice president at Lee & Associates of Illinois, represented tenants in the transactions, which included Thomas Architects signing a 1,411-square-foot new lease in Arlington Heights and Thorndale Construction signing a 2,903-square-foot lease expansion in Naperville. Additionallu, TekPro Staffing …

Ambrose has broken ground on Building II of the Columbus Logistics Park – West, a 169-acre, three-building modern logistics park located in West Jefferson, Ohio, just 20 miles west of downtown Columbus. Building II will offer approximately 1,067,000 sqaure feet of space for lease, including a 2,800-sqaure-foot office area. Building I within the park was …

Agador Spartacus closed on a $58.5 million construction loan for two build-to-rent communities in Deltona, Florida. Anchor Loans provided the loan. The financings include approximately $30.2 million for Magnolia Cottages at Deltona, a 153-home community, and $28.3 million for Magnolia Villas at Deltona, a 126-home community. Located on adjacent parcels, the projects will add a …

Newmark Group arranged a $369 million Fannie Mae credit facility on behalf of April Housing, supporting the long-term preservation of an 11-property affordable housing portfolio located throughout Florida. The financing consisted of a $221.4 million fixed-rate draw and a $147.6 million floating-rate draw, structured as an interest-only facility through Fannie Mae. A buydown on the …

Northmarq’s Pacific Northwest Investment Sales team, led by Sean Tufts, Kevin Adatto, Joe Dugoni, and Jack Hallberg, completed the $19 million sale of Canyon Ridge Plaza, an 86,909-square-foot multi-tenant retail community center located at 26015 104th Ave. SE in Kent, Washington. The property was acquired by Kimco Realty. “Shopping centers continue to be one of …

EQT AB has agreed to acquire Stockbridge, a leading U.S. real estate investment manager with approximately US$16.5 billion in fee-generating assets under management. With base consideration of US$375 million and potentially another US$175 million to be paid over the next four years, the acquisition covers 100% of the Stockbridge management company and the general partner …

In the current environment, many commercial real estate investors are reconsidering valuations, financing and transaction strategies. Improving multifamily fundamentals are stoking cautious optimism, while capital commitments flowing into artificial intelligence and data center development are raising concerns about what happens if expectations fall short. These were some of the topics discussed during the Oct. 21 …

Executive Summary The bond market delivered a warning last week: Concern about an artificial intelligence debt bust can outweigh inflation anxiety, at least temporarily. Investors sought safety in U.S. Treasurys as AI-linked credit sold off, pushing government yields lower despite stronger-than-expected inflation readings. The move revived an argument that an AI credit unwind could become …

Rudin said Wednesday that AT&T has signed a five-year extension of its retail lease at 3 Times Square. The telecom giant occupies a 6,623-square-foot Times Square location that includes a ground-floor storefront on Seventh Avenue between 42nd and 43rd Streets and lower-level space. The renewal follows Rudin’s lease with global jewelry brand Pandora, which will …

Ariel Property Advisors has arranged the $37-million sale of 2185 Coyle St., a mixed-use development site offering 408,400 buildable square feet on a 96,000-square-foot lot in the Sheepshead Bay neighborhood of Brooklyn. The recently rezoned property is ideally suited for a large-scale affordable housing development. An Ariel team comprised of founding partners Victor Sozio and …

The retailer was known solely for its online offerings, but has decided to build warehouses for walk-in customers. The popular furniture retailer Wayfair is preparing to open a new store in Denver and says the grand opening is scheduled for next month. The store will occupy the former Macy’s at 8298 E. Northfield Blvd., which …

NetJets is opening its newly constructed facility in Las Vegas. The project is being developed in partnership with Signature Aviation. Las Vegas is among the top destinations sought out by NetJets Owners. Demand has consistently increased since 2022, with flight activity growing nearly 45%, totaling almost 8,000 flights through the end of 2025. This trend …

The Puget Sound retail market maintained relatively steady fundamentals through the third quarter, with positive absorption continuing despite more measured leasing activity, according to a report by Kidder Mathews. Retailers remain selective in their expansion strategies, favoring established locations and smaller, efficient store formats as slower employment growth and elevated consumer costs influence decision-making. Retail …

Colliers announced the $20.4 million off-market sale of Stream 403, a 47-unit trophy asset located at 403 Belmont Ave. E. in Seattle’s Capitol Hill neighborhood. Colliers Senior Vice President Sam Wayne and Associates Dylan Luxenberg and Reed Gustavsen facilitated the transaction. Stream 403 is a 47-apartment boutique residence on the corner of Belmont and Harrison. …

Race Rock, a manufacturer and distributor of steel infrastructure products for the utility, highway, and energy markets, broke ground on a $100M expansion in Brookshire, Texas. The new manufacturing facility will produce transmission and substation structures to meet the country’s infrastructure needs. The new facility will be constructed adjacent to Race Rock’s existing manufacturing operations …

Tech company SolarWinds signed a 100,000-square-foot lease at Zilker Point, where the company will relocate its global headquarters from its existing Austin office. The lease represents just over half of Zilker Point’s approximately 195,000 square feet of Class A office space. Generation Commercial Properties is the building owner. SolarWinds is expected to move into Zilker …

Colliers announced the auction of 954 Marcon Boulevard, a vacant flex building in Allentown, Lehigh County, Pennsylvania. The 30,100-square-foot property sits on 3.44 acres within an established industrial park. Colliers Vice Chair Jacklene Chesler, Senior Vice President Patrick Norris and Transaction Manager Brittany Leventoff are exclusively marketing the offering in partnership with Ten-X. The building …

Federal Realty Investment Trust announced nine new merchants at Virginia Gateway, building on a year of strong leasing activity that has already brought eight new businesses to the Gainesville shopping center. The latest additions span restaurants, specialty retail, fitness and personal care. “The caliber and diversity of businesses choosing Virginia Gateway speaks to the strength …