National

Elmington Residential paid $55 million for The Asher at Sugarloaf, a 260-unit multifamily property in Lawrenceville. The company received an $18 million equity investment from American South Capital Partners (ASCP) to acquire the property. FCP was the seller. Built in 2008, The Asher at Sugarloaf offers a mix of affordable and workforce housing consisting of …

Duke Health and CaroMont Health are collaborating to construct two new hospitals in Mecklenburg County, which includes the city of Charlotte. The facilities are set to provide a combined 200 hospital beds. A number of key details have not yet been disclosed, including the costs of both hospitals and the scope of clinical services available …

Hilco Real Estate, LLC is accepting offers for 91 Catamount Dr. in Milton, VT, noting that offers are due by Nov. 13 and the sale must close by the end of the year. The property consists of 86,000 square feet of distribution and warehouse space, representing a compelling opportunity for an owner-user or investor seeking …

Matthews represented the seller in the disposition of the Kingsley Orchard Realty Portfolio, located at 18 Day St., 49 Dover St. and 123 Orchard St. in Somerville, MA. VP Nick Jasinski facilitated the $39,000,000 transaction, reportedly the largest multifamily portfolio sale in the Davis Square submarket within the past 15 years. The buyer was not …

Marcus & Millichap recently completed the sale of Empire Apartments, a 29-unit multifamily property in Anaheim. The property sold for $8.5 million, or $293,103 per unit. “This transaction was completed all cash and non-contingent at signing, with a 26-day escrow,” said Tyler Leeson, executive managing director investments. “It also represents the first closing from a …

High Street Residential, the residential subsidiary of Trammell Crow Company (TCC), and joint venture partner Barings have broken ground on a two-building, 501-unit multifamily development within the ELCO Yards mixed-use district of Redwood City. Both residential projects are scheduled for delivery in 2029. The first multifamily community, located at 1555 El Camino Real, will include …

Hiffman National announced it has surpassed 100 million square feet of commercial real estate under management, reaching more than 104 million square feet across 665 office, medical office, industrial and retail properties nationwide. The milestone marks significant growth for Hiffman National, which launched its property management platform in 2005 with just four assignments in Illinois …

CCRM Fertility & Gynecologic Surgeons of Illinois has signed a lease with MCB Science + Health for space at iMed Naperville Medical Office, a 72,000-square-foot medical office building in Naperville, Illinois. This represents a relocation of one of the practice’s two offices in the greater Chicago area. Wilkingson (Will) Germain, CEO and Managing Partner of …

Cushman & Wakefield has been retained by investor John Devaney to market two adjoining waterfront properties on Vero Beach’s north barrier island. Cushman & Wakefield Virgilio Fernandez is leading the marketing effort on behalf of Devaney. The sites can be purchased together or separately. The listing price for the two properties is over $60 million. The …

BGO and Banner Property Group acquired 12345 NW 38th Avenue in Opa-Locka, Florida, an existing, approximately 160,000-square-foot cold storage facility within the North Miami submarket. Realterm Logistics was the seller. It paid $26 million for the property in 2020. The property is fully leased to Quirch Foods. JLL advised seller and arranged acquisition financing for …

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 …

Announcing the winners for the Connect CRE Women in Real Estate Awards 2026. From hundreds of submissions, we have highlighted women with achievements and inspirational stories who have reached respected positions of leadership and play key mentorship roles for others in commercial real estate. After careful consideration, we chose this year’s National winners, as well …

Pine Tree, a national owner and operator of open-air shopping centers, announced that it has acquired sponsor interest in a 10-property portfolio recently appraised at $644 million and totaling 3.5 million square feet. Terms were not disclosed. The interest was acquired from SITE Centers in partnership with a large international investor. The transaction grows Pine …

The New York City Housing Authority (NYCHA) and Reid Park Rock PACT Partners, which includes Fairstead, BRP Companies, Urbane and the Local Development Corporation of East New York, today were joined by residents and elected officials at a ribbon-cutting ceremony marking the completion of the $636-million rehabilitation of Reid & Park Rock homes in East …

New Jersey-based Elberon Development Group and joint venture partner Saoud Development recently broke ground on a 146,000-square-foot cold storage facility on the corner of Amboy Avenue and South Front Street in Elizabeth, NJ, as a build-to-suit for FreezPak Logistics. It’s the second build-to-suit project for the JV and FreezPak’s seventh facility in its home state. “We are thrilled …

Trinity Capital has signed a long-term lease at 333 Tower, a Class A office tower at 333 N. Central Ave. in downtown Phoenix for 75,000 square feet of space. The company will take over the property’s top two-and-a-half floors and secure rights to building-top signage. Foundation 8 owns the building. Newmark brokered the agreement. The …

Kennedy Wilson is pursuing a seven-story, 242-unit apartment development on Federal Boulevard, where the Family Star Montessori School stands today. The school plans to move to a nearby location in Lakewood. It needs the cash from the sale to Kennedy Wilson to facilitate the move. The Denver Business Journal reports the school bought the property …

Cantina Monarca, a Mexican restaurant known for its atmosphere, cuisine, and cocktails, is expanding to Seattle with an extraordinary new flagship location set to open next summer at Lake Union Piers. The new restaurant will occupy about 8,300 square feet of interior space and 2,700 square feet of outdoor patio space. The concept will feature …

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 …

Broadview Real Estate unveiled plans for O27, a proposed 32-story office tower on Westheimer, just down the street from the River Oaks District. Designed by STG Design, the building will encompass more than 520,000 square feet of office space. Realty News Reports completion is anticipated in 2028. STG Design was the executive architect for Austin’s …

Nuveen Green Capital (NGC) closed on $68.6 million in C-PACE financing, administered through the Texas PACE Authority (TPA), for the ground-up construction of The Meuse, a mixed-use development in Fredericksburg, Texas. The town is about 70 miles northwest of San Antonio. DC Partners is the project developer. The two-part financing comprises $53.2 million for a …

People Restoring Communities (PRC), an affordable housing development firm, announced the acquisition of Grace Street Apartments, an 11-story residential building located at 400 East Grace Street in downtown Richmond, Virginia. PRC, in a joint venture with The Delaine Companies and in partnership with the Richmond Redevelopment & Housing Authority (RRHA), plans to substantially rehabilitate the …

St. John Properties, Inc. has signed five inaugural leases at Hunt Valley Exchange totaling more than 26,000 square feet. The 110,000 square foot mixed-use community at the corner of York Road and Wight Avenue includes two 23,000 square foot flex and R&D buildings at 25 and 35 Wight Avenue, and an 8,165 square foot inline …