National

SouthCoast picked up the Sweet Apple Village shopping center in Roswell for $20.25 million. Ziff Real Estate Partners was the seller. The Atlanta Business Chronicle reports Ziff paid $6.25 million for the center in 2011. Ziff enacted a value-add initiative throughout its ownership. Located along Etris Road, the retail center is 98% leased. The asset …

Space Craft is moving ahead on Mira, a $122 million mixed-use development in Charlotte’s Optimist Park that will bring 371 apartments and 9,765 square feet of retail to 2323 N. Davidson St. Construction is expected to begin this fall, with an anticipated opening in fall 2028. The eight-story development will include 8,000 square feet of amenity space. …

Colliers arranged a new 37,262-square-foot lease for Nano-C at 79-85 Astor Ave., a manufacturing/flex building in Norwood, MA. The services firm represented both the landlord, Kadima Industrial Partners and DRA Advisors, and the tenant. EVP Ovar Osvold and VP Sean Hannigan represented the landlord, while EVPs Kevin Brawley and Steve Woelfel and VP John Real …

WinnCompanies has secured financing for a 115-unit, mixed-income apartment building designed to revitalize the northern gateway to downtown Salem, MA. To be named The Exchange Salem, the seven-story building will be erected on the site of a former municipal parking lot overlooking the city’s mass transit station and parking garage. The $48-million construction project will …

DIV Rio Robles Owner, LLC, an affiliate of Davis Management Company, LLC, has acquired 51 Rio Robles, an approximately 65,000-square-foot research & development and advanced manufacturing building located in North San Jose. The building is currently 100% leased to a green technology company. The acquisition was brokered by Andy Zighelboim, Kevin Moul, Brad Idleman and …

Cross Street announced the addition of three senior leaders as the company continues to expand its national platform. Will Shew has joined the firm as vice president of property management; Karen Gaski has been named vice president of people and culture; and Drew Malter has joined as director of data and systems. The appointments come …

Manga Hotel Group announced the acquisition of the Royal Sonesta Chicago River North, a 261-room hotel located in Chicago, Illinois. The hotel has been rebranded as Hotel 505 River North, an independent property which is slated to become the site of another TOOR Hotel. Located at 505 North State Street in downtown Chicago, the hotel …

City National Bank of Florida sold a 124,168 square foot office building in Coral Gables for $39 million. Baptist Health South Florida was the buyer. The South Florida Business Journal reports that Baptist South, a nonprofit hospital operator, has not yet announced its plans for the building. Many of Baptist Health’s executives work out of …

KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have acquired a 2.7-million-square-foot portfolio of eight UK logistics assets from Ares Real Estate funds. According to published reports, the portfolio is valued at approximately £400 million (US$529 million). The fully occupied portfolio comprises modern, high-quality assets across established distribution markets in the …

Realty Income Corporation and KKR have formed a euro-denominated joint venture that is expected to own a diversified portfolio of existing European net lease real estate assets contributed by Realty Income, spanning four markets and a broad mix of industries and tenants. Capital accounts advised by KKR intend to make an initial investment of €528 …

Refinancing risk for hard maturities in CMBS has shifted from office to multifamily and hospitality this month, Trepp reported. That’s due to a pair of large single-asset single-borrower loans that are severely impaired, carrying a debt yield below 6.0%: a national multifamily portfolio and a Honolulu resort, which together account for 66.79% of the severely …

JLL Capital Markets arranged the $79-million sale of Avenue & Green, a 232-unit, transit-oriented luxury apartment community in Woodbridge, NJ. The property was renamed The Point Woodbridge by the buyer, Pantzer, making its second acquisition in the Tri-State area this year after The Point Stamford in July. Senior managing directors Jose Cruz, Mike Oliver and Steve …

Manhattan apartment rents reached another all-time high in September 2026, rising 2% from August and 9% from a year ago to a median of $5,395 per month, the Corcoran Group reported Thursday. Average rents moved higher across every unit type, led by two- and three-bedrooms, which recorded double-digit annual gains. September saw 5,015 active apartment …

Park Avenue Health and Rehabilitation Center, a 200-bed skilled nursing and rehabilitation facility at 2001 N. Park Avenue in central Tucson, sold for $34.3 million. Real Estate Daily News reports Park Villa Corporation sold the property to the Ensign Group, which was managing the center. The 62,000 square foot facility was built in 1987. Located …

LKY Development Company was greenlit by a Casa Grande planning agency to develop a 954-acre data center campus at Montgomery Road and Maricopa-Casa Grande Highway. Casa Grande is between Phoenix and Tucson. AZBEX reports LKY is looking for a buyer to purchase the Grande Valley Industrial site and take over development. The project will incorporate …

Gantry has secured a $16 million permanent loan to refinance maturing debt for Russell Hall, a mixed-use property located at 1414 NE 42nd St, directly adjacent to the University of Washington and “The Ave” retail and hospitality corridor. The 62,400-square-foot, six-story building features 120 subterranean parking stalls, ground floor retail, three floors of office space, …

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Groves Apartments, a 366-unit multifamily property in Kent, Washington. The $72 million sales price equates to $196,721 per unit. “The Groves gives the buyer a compelling opportunity to build on an established renovation program,” said Philip Assouad, IPA executive managing …

Planned Community Developers (PCD) closed on the 120-acre site for The Orchard, a mixed-use destination at Highway 288 and Beltway 8 in Pearland. The Orchard will bring together retail, dining, entertainment, office and residential uses. The closing follows Pearland City Council’s approval of the development. The Orchard will include approximately 250,000 square feet of retail, dining and …

Cushman & Wakefield announced that the real estate services firm has arranged the $89 million sale of a two-asset senior housing portfolio totaling 130 units. The institutional-quality portfolio consists of two assisted living and memory care communities, including The Residence at Colvin Run in Great Falls, Virginia and Queenstown Landing in Queenstown, Maryland. The facilities …

Jemal Real Estate Strategies and DivcoWest have announced a joint venture to convert 1255 23rd Street NW, a 342,000-square-foot office building in Washington, D.C.’s West End, into approximately 323 apartments. The project will include up to three dozen affordable units. Madison Realty Capital provided a $40 million loan to support the property’s acquisition and predevelopment. …