National

Stotan Industrial and Singerman Real Estate have acquired a 77.58-acre site at 905 Caterpillar Drive in Rock Hill, South Carolina, for the development of Crossroads @ Rock Hill, a three-building industrial park totaling approximately 942,000 square feet. The property sold for $12 million. Located less than one mile from a full I-77 interchange and approximately 30 …

Aspen Square Management offloaded the Legacy at West Cobb in Marietta, Georgia, for $48 million. The 395-unit apartment complex was sold to Acento Partners. Andrew Mays and Paul Vetter of Berkadia Atlanta represented the seller. Berkadia also arranged a $36 million acquisition loan. The property was 88% occupied at the time of sale. Berkadia’s Mays …

Boston Mayor Michelle Wu on Tuesday announced proposed changes to Boston’s Inclusionary Zoning (IZ) and Linkage policies aimed at helping new housing and commercial development move forward amid challenging economic conditions. The changes are intended to help some residential developments move forward while continuing to raise revenue for city-supported affordable housing projects. The city is proposing …

The Washington Trust Company has provided $8.5 million in financing to VVO Real Estate Holding, LLC for the reconstruction of the Harborside Inn, a landmark hotel with retail space located at 41 Water St. in New Shoreham, RI. The building, directly across from the Block Island Ferry terminal, was destroyed in a fire in August 2023. …

Hanley Investment Group Real Estate Advisors arranged the sale of a newly constructed, single-tenant net-leased Chipotle Mexican Grill with a Chipotlane drive-thru at 223 W. Hanford Armona Rd. in Lemoore. The sale price was $3.58 million. SVP Sean Cox and EVP Bill Asher represented the seller, California Gold Development Corporation, a private commercial real estate …

This year’s Connect Retail West conference, set for Nov. 17 in Los Angeles, gets underway with a panel of industry leaders charting the future of West Coast retail. Sandy Sigal, founder, CEO and president of NewMark Merrill Companies and among our Industry Leaders speakers, is certainly in a position to share a forward-looking perspective. Here, …

Cushman & Wakefield announced the sale of 121 W. Wacker, a landmark 41-story office tower overlooking the Chicago River and located at the gateway to Chicago’s LaSalle Street corridor. The 441,030-square-foot property was acquired by two Chicago-based investors, Ken Buckman and Robert Castillo, who intend to invest substantial capital to re-energize the nearly century-old building. …

Gantry has secured a $15.6 million bridge loan to fund the acquisition and redevelopment of the Santa Ana Apartments located at 3737 Ashby Road in Saint Ann, Missouri, a North St. Louis suburb adjacent to Lambert-St. Louis International Airport. The 14-story, 169-unit complex was acquired vacant and will be transformed into market-rate multifamily housing through …

Bal Harbour Shops has opened a 200,000-square-foot expansion, adding retail and dining space to the luxury shopping center as its owner pursues a separate mixed-use development with hundreds of apartments and a hotel. The S. Florida Business Journal reports that the Whitman Family Development, which owns and operates the property at 9700 Collins Ave. in …

VeeCor Properties has expanded the Florida Logistics Center to nearly 580 developable acres, more than doubling the planned footprint of the industrial development at the Interstate 4/Interstate 95 interchange in Daytona Beach. The expansion creates additional opportunities for large-scale industrial and build-to-suit development in Central Florida.  David Murphy, Monica Wonus and Gabriella Gissy of CBRE …

Gencom, a Miami-based investment firm, has acquired Rosewood London, a landmark 308-key luxury hotel situated at 252 High Holborn in Central London. The acquisition for a reported £300 million (approximately US$402 million) represents Gencom’s first luxury hotel asset in Europe. The transaction strengthens Gencom’s long-standing relationship with the Rosewood brand, marking the firm’s second owned …

Brookfield has opened a Doha office, anchored by its global credit platform including the recently acquired Oaktree. The Qatar News Agency reported that the move builds on Brookfield’s existing investments and partnerships in Qatar, notably its planned $20-billion joint venture with Qai, the artificial intelligence subsidiary of the Qatar Investment Authority, to develop AI infrastructure …

U.S. retail net absorption totaled 8.3 million square feet in the third quarter of 2026, following 10.2 million in Q2, JLL said in its latest quarterly report on the sector. The Q3 tally marks the second consecutive quarter of positive demand. Over the past 12 months, the market absorbed 24.4 million square feet, marking a …

U.S. consumer prices rose 0.4% in October on a seasonally adjusted basis, slowing from a 0.6% increase in September as energy prices climbed at a much slower pace, the Bureau of Labor Statistics reported. Food prices picked up, while shelter accounted for more than 30% of the overall monthly increase.  Core consumer prices, which exclude …

Modal Labs Inc. relocate its New York City headquarters to Rudin’s 32 Ave. of the Americas in Tribeca. The AI infrastructure platform will occupy 156,763 square feet across three full floors in a seven-year lease and will relocate from 25,000 square feet at 233 Spring St. in mid-2027. “Throughout its illustrious history, 32 Ave. of …

During the recent CREtech New York conference at the Jacob K. Javits Convention Center, Connect CRE asked industry experts, “What’s one technology you believe will have the biggest impact on CRE over the next five years?” Unsurprisingly, artificial intelligence loomed large on their radar screens. “The one technology that I think is going to have …

High Street Residential and joint venture partner Mitsui Fudosan America have completed work on Montclair Scottsdale, a 215-unit luxury residential community in Scottsdale, Arizona. The project, first announced in January 2025, entailed transforming a vacant retail center into a new housing development. Situated on the border of Scottsdale and Paradise Valley, at 10050 N Scottsdale …

KV Casa Grande, a newly constructed, Class A 314,453 sf spec industrial project in Casa Grande, Arizona, is fully leased after the recent signing of its fourth and final tenant. The development, built by Kentwood Ventures, sits on 18 acres at 1550 W. Lawrence St., less than one hour southeast of central Phoenix. Built to …

Coventry House, a 64-unit seniors housing community in Othello, WA, was acquired by a Washington-based owner-operator with more than 10 seniors housing communities in an all-cash deal. The price was not disclosed. Built in 2003, the 50,456 sf property sits on 3.85 acres at 430 N. Second Ave., near Othello Community Hospital, Lions Park and …

Trace 4001, an eight-story workforce housing project located at 4001 S. Willow Street in Seattle’s Othello neighborhood, is now open to the public. The new rental community, located just one block from the Othello Light Rail Station, was developed by Seattle-based Nitze-Stagen. Trace 4001 is a privately funded project sponsored by OZ Navigator, a partnership …

KTGY and Genesis Real Estate Group delivered The Travis, a 54-story glass residential tower in downtown Austin. KTGY designed the tower; Genesis was the developer. Genesis secured $173.4 million in construction financing from JPMorgan Chase. Situated on Rainey Street, the design provides over 400 premium riverfront units with unobstructed views of Lady Bird Lake and the …

The Greybrook U.S. Multifamily Income & Growth Fund acquired Evolv, a 334-unit multifamily property in Mansfield. Greybrook landed a $39.2 million acquisition loan from Greystone as part of the deal. The fixed-rate Fannie Mae loan carries a five-year term, with three years of interest-only payments followed by a 35-year amortization schedule. Greystone’s financing team included Richard …

Keyserling Management Group, LLC (KMG), led by Managing Member Joseph Michael, has retained SVN | Providence Realty Advisors to identify and evaluate existing buildings and development sites in Tysons, Virginia, for a proposed mixed-use development combining hospitality, residential, commercial, cultural, and educational facilities. The preliminary concept encompasses approximately 450,000 square feet, including 165 hotel suites, …

Southern Management Companies has launched a multi-year modernization of Charles Plaza, one of the largest residential and mixed-use complexes in downtown Baltimore. Working with Baltimore-based WorkShop Development, the company plans to upgrade the property’s retail, office space and public areas, as well as the three apartment buildings, in phases over the coming years. As part of …