National

DUMAC, the investment division at Duke University, purchased Erwin Square Plaza for $30 million. The seller, Lionstone Investments, paid $57 million for the property in 2015, the last time it sold. It was built in 1989. Duke University is the anchor tenant, occupying 80% of the 238,792-square-foot building. The Triangle Business Journal reports the building is …

TruAmerica Multifamily acquired Bricks at Perimeter Center for $120 million. Clark Ventures was the seller of the 446-unit, garden-style apartment community in Atlanta’s Perimeter Center submarket. Clark paid $69.5 million for the property in 2016. TruAmerica will revamp nearly all of the rooms in the complex, which was built in 2007. The company plans to incorporate …

Synergy held the official opening of Altitude Worcester, the largest office-to-residential conversion in Massachusetts, with a ribbon cutting ceremony with Juana Matias, the Secretary of the Massachusetts Executive Office of Housing and Livable Communities , and the City of Worcester. The event also marked the completion of 22 Elm St., the adjacent affordable homeownership community Synergy …

The Massachusetts Bay Transportation Authority (MBTA) has issued a request for qualifications from would-be redevelopers of its downtown Lynn, MA commuter parking garage. It’s the first of a two-step process, to be followed by a request for proposals. The five-story garage opened in 1992 and has been partially closed since 2022 over safety concerns, ItemLive …

BKM Capital Partners has acquired Goldenwest Circle Business Park in Westminster for $62 million. BKM purchased the 12-building park in an off-market transaction on behalf of BKM Industrial Value Fund III. The fully occupied, 231,000-square-foot park sits on 12.3 acres at Bolsa Avenue and Interstate 405, with direct frontage on one of Southern California’s most …

Pembroke said Monday that Ent has joined 100 California St., leasing the San Francisco property’s newly completed 10th-floor spec suite. An AI endpoint security company, Ent committed to the 10,952-square-foot space for 80 months. Pembroke acquired 100 California in 2014 and has continued investing in the property as the way people use and experience the …

Colliers announced the $70.6 million sale of a purpose-built educational facility located at 161 W. 9th Street within Chicago’s Roosevelt Collection. The approximately 102,000-square-foot property is fully occupied by the British International School of Chicago, South Loop, under a long-term absolute net lease. The property was acquired in September of 2026 by W. P. Carey. Representing …

Marcus & Millichap announced the exclusive listing of 53.54 acres near the Enrico Fermi Nuclear Power Plant and existing high-voltage transmission infrastructure in southeast Michigan. “The property’s proximity to established electrical infrastructure and major transportation routes makes it an opportunity worth evaluating for developers and investors with significant power requirements,” said Joseph Carrizales, associate of …

MetLife Investment Management (MIM) and Cushman & Wakefield rebranded the 47-story, 780,000-square-foot office tower as The Metropolitan Miami, located at 333 S.E. 2nd Ave. Following a multimillion-dollar enhancement, the property is being reintroduced to the market. The forward-facing renovation program includes modernized lobby finishes, upgraded lighting, enhanced common areas and exterior landscape improvements. Formerly known …

BTI Partners and Bridge Investment Group closed on $109 million in financing for the Bread Building, a multifamily property located in downtown Hollywood, Florida. Cushman & Wakefield arranged, and Greystone provided the Freddie Mac loan for the transaction on behalf of borrowers, BTI Partners and Bridge Investment Group. Cushman & Wakefield’s Equity, Debt & Structured Finance …

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 …

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 …

The five metro areas spotlighted by Placer.ai are located in five different regions of the U.S., but all have consumer momentum in common. Their populations increased by more than the average U.S. metro between 2024 and 2025, and their year-over-year retail and dining traffic trends outpace the nationwide average, Placer.ai says in its 5 Markets …

Multifamily borrowers with maturing loans face a significantly higher interest rate environment to refinance, with Newmark reporting a 41% increase in interest costs. Loans maturing in the third quarter of 2026 carried an average interest rate of 4.04%, compared with the current 5.69% for new loans. At the same time, cap rates have averaged 5.5%, …

Avison Young arranged a 20,748-square-foot lease on behalf of LG Ads, the advertising division of LG, at 115 Broadway in Lower Manhattan, establishing the global adtech company’s first permanent New York City headquarters. The relocation from coworking space more than doubles the company’s footprint in the market. Senior director Peter Johnson and associate Ryan Grecco …

Marcus & Millichap finalized the sale of 17 E. 48th St., a mixed-use office and retail property in Midtown Manhattan’s Plaza District. The asset sold for $13.45 million. “This property was a good deal of fun to market,” said Eric Michael Anton in Marcus & Millichap’s New York City office. “The retail tenant, Hatsuhana, is …

Gantry secured $27.9 million in structured financing for the acquisition of Tubac Golf Resort & Spa, located in Tubac, Ariz. The AAA Four Diamond resort sits on more than 500 acres of the historic Otero Ranch, about 45 miles south of Tucson with ready access to I-19. It features 98 rooms and suites, including 17 …

RED Development inked a $69.3 million refinancing for The Offices at The Grove, a 185,536-square-foot Class AA office building in Phoenix. JLL’s Debt Advisory team led by Kevin MacKenzie, Jason Carlos and Frank Choumas represented RED Development in placing the five-year, fixed-rate loan with PGIM’s real estate investment group. The financing collateral consisted of the office …

Ponderay Apartments, a 40-unit multifamily property located at 5625 15th Ave NE in Seattle’s University District, sold for $6.26 million, equating to $156,625 per unit. Built in 1963, the property totals 21,540 square feet and consists of 22 one-bedroom units and 18 studio apartments. The studios average 478 square feet, while the one-bedroom units average …

Suncrest Apartments, a 45-unit multifamily community located at 1800 Evergreen Street in Walla Walla, Washington, has sold for $4.3 million. Kidder Mathews Vice President Max Frame of the Simon | Anderson Multifamily Team in Seattle represented the seller, Art Griff, in the transaction. The buyer was Jason Zook. Situated on 1.72 acres, Suncrest Apartments consists …

Adkisson and PCCP were buyers in what is being touted as the largest known industrial campus sale ever in greater Houston by square footage and acreage. Stream Realty Partners brokered the sale of Northwoods Industrial Park, a 2.7-million-square-foot, 64-building industrial campus in Northwest Houston. Texas Development Company was the seller. Located at 11919 FM 529, …

Cross Ocean Partners and Lincoln have acquired The Colonnade, a three-tower, 1.08 million-square-foot office campus on 12.48 acres along the Dallas North Tollway between Belt Line Road and Arapaho Road. Fortis Property Group owned the property from 2013 until it defaulted on a $223 million loan in 2024, leading to receivership. The joint venture is committing $100 …

MacKenzie Management Company has secured five new assignments to provide comprehensive property management and maintenance services for approximately 310,000 square feet of commercial office, medical condominium, retail, and warehouse/industrial space across the Maryland region. The assets are 901 Ostend Street and 1212 65th Street in Baltimore City; 7257 Parkway Drive in Anne Arundel County; 111 …

Comstock Holding Companies, Inc. has completed a comprehensive refinancing for the first three trophy office towers delivered at Reston Station in Virginia. The company earned approximately $2.6 million in debt origination fees in connection with the closing. “Refinancing these three Trophy office towers during a tumultuous time in the financial markets is a strong statement …