National

Proffitt Dixon Partners wrapped up the 345-unit Chamberlain House (shown) earlier this year and is now unveiling its construction timeline for Ferra, a venture featuring 325 apartments, ground-level retail and restaurant space. The Nashville Business Journal reports the company is looking at 2027 to break ground on its latest project, with delivery slated for the …

Hyundai Transys will invest nearly $560 million to expand its manufacturing capabilities in West Point, Georgia. The company plans to create 320 new jobs as part of its ongoing efforts to support global automotive customers with operations in North America. Since its founding in 1994, Hyundai Transys has grown into a global automotive parts specialist, …

Rachel Bliss has joined the Boston office of Colliers as VP on its Downtown Urban Leasing team. Bliss brings extensive local market knowledge and experience across tenant representation. In her new role, Bliss will advise tenants across downtown Boston on leasing strategy, site selection and negotiations. Before joining Colliers, Bliss served as VP at Hughes …

Life Time announced plans to open a new athletic club and social wellness destination at Commonwealth Pier in late 2027. The club will be Life Time’s eighth in the Greater Boston market since debuting in 2015 and its first in the Seaport District. Located at 200 Seaport Blvd., the approximately 45,000-square-foot venue will overlook Boston Harbor and …

CBRE facilitated the $58.5-million sale of 14555 Alondra Blvd., a 248,105-square-foot industrial facility in La Mirada, to OMP. CBRE National Partners West’s Joe Cesta and Eric Cox represented the seller, Brookfield. Val Achtemeier, Mark Fluent and Matt Schmidt with CBRE’s Debt & Structured Finance practice secured the financing. The property is fully leased to MEI …

2392 Morse Ave., a 22,193-square-foot Class A office building in Irvine, sold for $15.7 million, or $707 per square foot. Economos DeWolf secured the buyer and put the property into escrow before it was formally brought to market. The property, formerly the headquarters of RiverRock Real Estate Group, was extensively renovated and has prominent 5 …

Dermody announced two new leases at The Logistics Campus. LSL Industries, LLC has leased 81,225 square feet of Building 4 and S&C Electric Company has fully leased Building 5, a 295,278-square-foot facility. Positioned in Glenview, Illinois, just north of O’Hare International Airport, one of Chicago’s most active submarkets, The Logistics Campus is centrally located with …

Essex Realty Group announced the sale of Parkside Apartments, a 120-unit multifamily property located in Glen Ellyn, Illinois. Constructed in 1963, the property represents an institutional-scale investment in the highly sought-after DuPage County rental market. Essex Realty Group Principal Brian Karmowski and Director Anthony Citriglia represented both the seller, Iman Jalali of Bear Peak Capital, …

Terra, in partnership with RG Development Group, GV Development and LORE Development, has secured a $507 million construction loan from TYKO Capital for the development of 1250 West Avenue, a new luxury waterfront condominium planned along Biscayne Bay in Miami Beach. Located at 1250 West Avenue, the 28-story development along Miami Beach’s western waterfront will feature 106 …

Berkadia arranged $36.7 million in financing on behalf of Rental Asset Management (RAM) of Lauderdale, Florida for three multifamily communities across the state, including two in Miami-Dade County. Matthew Robbins and Hugo Hernandez of Berkadia Boca Raton led the transactions, alongside Mitch Sinberg, Brad Williamson and Scott Wadler. It included acquisition financing for the newly …

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 real estate investment activity strengthened in the first half of 2026, the Commercial Real Estate Development Association (CREDA) Research Foundation reported. The organization’s U.S. Capital Markets Report, H1 2026 cited transaction volume, pricing and REIT purchasing activity as indicators of growing investor confidence. However, the report cited “mixed signals” from the CRE investment market …

Marcus & Millichap says higher rates are extending renter tenure as apartment fundamentals improve The Federal Reserve initiated a rate hike in September. As of Oct. 8, the 30-year fixed-rate mortgage stood at 7.4%, up from 6.3% a year ago. Higher mortgage rates are making homeownership increasingly difficult, as if it wasn’t already. A recent …

Rudin has secured a 170,112-square-foot lease extension with law firm Seward & Kissel at One Battery Park Plaza, its 35-story, 800,000 square-foot office tower in Lower Manhattan. With the 11-year extension, the law firm, which has called One Battery home since 2011, will remain in its offices spanning the full 19th through 24th floors. “We’re …

Himmel + Meringoff Properties and Affinius Capital have selected BKREA to sell 1601 Bronxdale Ave., a fully entitled, large-scale Bronx development site planned as a mixed-use hub with thousands of new homes and direct pedestrian access to the forthcoming Parkchester/Van Nest Metro-North station. The planned layout provides 2.42 million square feet across six buildings around …

Nuveen Real Estate has acquired Highpoint Marketplace, a 113,833-square-foot retail center in Aurora, Colo. Commercial Search reports that Gerrity Group sold the asset for $36.3 million or roughly $319 per square foot. Gerrity Group paid $24 million for the Safeway-anchored center in 2018. Located at 18730 E. Hampden Ave., the three-building property opened in 2001 on …

Real Capital Solutions (RCS), in partnership with Dunton Commercial, has acquired Terrace Tower, a 243,464-square-foot Class A office building in the Denver Tech Center. The 12-story tower is located at 5619 DTC Parkway in Greenwood Village, CO. The purchase price was not disclosed; however, RCS says the acquisition basis is substantially below the estimated cost of more …

Colliers announced the $17.5 million sale of 6700 Roosevelt, an 88-unit multifamily community directly across from the Roosevelt light rail station in Seattle’s Roosevelt neighborhood. Coverse Capital Investments acquired the property from 6700 Roosevelt LLC. Sam Wayne, senior vice president, and associates Dylan Luxenberg and Reed Gustavsen of Colliers, represented the seller and procured the …

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, …

ORIX Corp. USA has purchased Strata, a 322-unit luxury asset in Austin, Texas, from Maverick Development Group. In addition, Multi-Housing New reports Franklin BSP Realty Trust issued a $42 million acquisition loan set to mature in 2031. Strata is part of a six-phase project set to include more than 2,000 units. ORIX’s new community comprises …

Lincoln Property Co.⁠ expects to break ground on an office tower of more than 500,000 square feet later this year or in early 2028. To be called 28Hundred Fairmount, it will anchor an even wider development the company is calling The Springs District, totaling 1.4 million square feet on a 4-acre site at 2500 Cedar Springs …

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. …