National

LBX Investments has paid $54.3 million for a 134,113-square-foot retail and mixed-use portfolio in Nashville. Vintage South Development was the seller. Commercial Search reports the properties include Breeze Block, a 39,452-square-foot retail center at 6100-6110 Robertson Ave., and Stateline, a mixed-use asset totaling 94,661 square feet at 5300 Centennial Blvd. They are 2 miles of each other. …

Childress Klein Properties and Ascentris Real Estate obtained a $68.3 million refinancing for The Nexus (shown) and Hub at Waverly, two Class A office buildings totaling 312,738 square feet within the 90-acre Waverly mixed-use development in Charlotte. CBRE’s Nate Sittema and Will Chapman arranged the five-year permanent loan on behalf of the borrowers. The financing …

Mass General Brigham (MGB) has leased approximately 100,000 square feet of lab space on the lower floors of Greystar’s 74M at 74 Middlesex Ave. in Somerville, MA, becoming the property’s first tenant. The building will house MGB’s central pathology laboratory services, consolidating existing pathology functions from across the system. Formerly an industrial brownfield site, 74M …

Haynes, a Massachusetts- and Rhode Island-based construction management firm, is leading a multi-level renovation of Hotel 1620, a boutique waterfront hotel in historic Plymouth, MA operated by Linchris and included in its Independent Collection of Hotels. Slated to begin in early November, the renovation encompasses a new main lobby and reception area, along with an …

KeyBank Community Development Lending and Investment (CDLI) provided $92.9 million in financing for Broadway & Imperial, a new 166-unit affordable housing development in South Los Angeles. The financing package includes a $43.8-million construction loan and a $18.1 million federal Low-Income Housing Tax Credit equity investment from KeyBank CDLI. Key Commercial Mortgage Group arranged a $31-million …

Galvanize Real Estate (GRE), the sustainable real estate strategy of Galvanize, has acquired a three-property, 280,000-square-foot industrial portfolio located in Orange County. The transaction marks GRE’s second California acquisition and fifth acquisition nationwide in the past year, bringing the strategy’s total portfolio to 3.8 million square feet. “We view Orange County, with its strategic location, …

Cresa announced that it has re-entered the Minneapolis market, establishing a presence where it has a history of brokerage and longstanding client relationships. Cresa has tapped local veteran commercial real estate executive Dan Lofgren, SIOR, as managing principal to activate the new office, which will offer occupier-focused office and industrial services. The return to the …

Mid-America Real Estate Corporation’s Investment Sales Group has arranged the sale of High Point Centre, a 240,345-square-foot community center with significant value-add upside in Lombard, Illinois, positioned in the affluent western DuPage County Chicago suburbs along heavily trafficked Roosevelt Road. Principal Ben Wineman served as the exclusive listing broker on behalf of the seller, a …

The Palm Beach County Commission and Related Ross have agreed on a deal that will allow a second hotel at the Palm Beach Convention Center. Under the sale-leaseback deal, the developer will sell a parking lot near the convention center to the county, which would then lease it back to the developer as it builds the project. …

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 …

Commercial mortgage delinquencies were mixed in the second quarter of 2026, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report. CMBS delinquencies improved by 42 basis points to 6.53%; bank delinquencies ticked downward by four bps to 1.20%; and life company, Fannie Mae and Freddie Mac delinquencies all increased, albeit modestly. Even with …

New York City Zohran Mamdani and the Department of City Planning on Thursday announced 12 community districts that will see affordable housing production fast-tracked beginning in January 2027. The 12 districts represent nearly one-fifth of the city’s 59 community districts but have produced just 1.1% of the city’s new affordable housing over the past five …

DivcoWest announced 325 Hudson St., a multitenant AI tech hub in Hudson Square, has reached 100% occupancy following recent leasing activity. The last remaining space in the 10-story, 220,000-square-foot building was taken up by Flourish, an AI startup, Moment, an AI partner for investment management, and a life sciences enterprise currently in stealth mode.   “AI …

Logistics Property Co. has obtained a $68.3 million refinancing loan for Palm Gateway Logistics Center, a 614,544-square-foot industrial park in Mesa. Commercial Search reports that Pacific Coast Capital Partners provided the debt. LogiPropCo broke ground one month later, marking its first project in Phoenix. The park came online in 2024. Palm Gateway Logistics Center was a …

One of the Empire group of companies broke ground Monday on a two-tower, $288 million luxury project in Tempe. Aspirant Development, the luxury infill division of Empire Group, is building a 15-story tower and a 17-story tower on the site. Financing for the 533-unit Class A high-rise community called Revelry amounted to $229 million. Gensler is …

Maverick Washington LLC is set to close eight casinos across Washington, putting 850 people out of work. The affected casinos are Great American Casino in Everett, Chip’s Casino, Macau Casino and Palace Casino in Lakewood, All Star Casino in Silverdale, Casino Caribbean in Yakima, Crazy Moose Casino in Pasco and Coyote Bobs Casino in Kennewick. …

CBRE has arranged the $53 million sale of Chambers Reserve, a 125-unit townhome community in Lacey. CBRE’s Jordan Louie, Eli Hanacek, Kyle Yamamoto and Natalie Kasper represented the seller in the transaction. “Chambers Reserve offered investors a unique opportunity to acquire a newly constructed built-to-rent community in the growing Puget Sound region,” said Louie. “The …

Arca Continental Coca-Cola Southwest Beverages has completed a $42 million expansion of its bottling facility on the city’s East Side, adding 170,000 square feet of warehouse space and a second production line. The project is located at 1 Coca-Cola Place near the Frost Bank Center and represents one of the company’s major recent investments in its San Antonio …

Morningside Group plans to renovate and add hundreds of units to the Sunset Ridge at Alamo Heights apartment complex. The company recently filed a zoning change request with the city to allow for more infill development, hoping to increase the total units from 324 to 1,425. The firm acquired the property in 2022. The San Antonio Business …

An investment affiliate of 1788 Holdings, LLC has acquired 51 Ritchie Road, a single-story light industrial building totaling nearly 103,000 square feet of space in the Capitol Heights section of Prince George’s County, Maryland, for $15 million. Situated on nearly eight acres, the site includes two acres of industrial outside storage land and is 100 …

Concorde, a Washington meeting and events destination, is now open in National Landing. The venue is located next to the Pentagon, Amazon’s National Landing headquarters, and Reagan National Airport. The 12,000-square-foot venue is setting a new standard in corporate hospitality, combining service with a culinary program. Designed by A+I, Concorde occupies ground-level space with large …