National

USA Rare Earth broke ground on a $1.2 billion magnet manufacturing facility in Blacksburg, South Carolina, 45 minutes west of Charlotte. The facility will create 490 jobs. The magnets and refined metals produced in Blacksburg will support needs in the defense, aerospace, semiconductor, medical, AI, energy and advanced manufacturing industries. Blacksburg was selected for its …

Insignia plans to spend over $10 million to revamp a large office complex in Vinings that was formerly Home Depot’s headquarters. The property at 2727 Paces Ferry has approximately 640,000 square feet of office space. It has two 18-story towers. The Atlanta Business Chronicle reports that Insignia paid just $21.75 million for the property, having …

Cabot, Cabot & Forbes (CC&F) recently topped off The Bolt, a 180,000-square-foot center for innovation along the New Boston Corridor in Woburn, MA.  Representatives from CC&F, John Moriarty & Associates, the U.S. Environmental Protection Agency, Jacobs, and additional project team members, attended the Sept. 4 ceremony.  “The Bolt is positioned to be a new home for …

Boston Mayor Michelle Wu is proposing a $100-million development incentive program to help jumpstart large residential developments her administration says are stalled by high construction and borrowing costs, the Boston Business Journal reported Monday. The program would start with $31 million for four development projects totaling about 1,400 units, including One Mystic, a 408-unit tower in Charlestown’s …

Marcus & Millichap closed the sale of Tremont Street Apartments, a 62-unit multifamily property located in Avalon on Santa Catalina Island. The property sold for $8.64 million or $139,419 per unit. “Affordable housing transactions often require coordination among multiple parties, and this sale was particularly complex due to the ground lease, HUD approval, HAP contract assignment and Freddie Mac loan assumption,” said Arteen Zahiri, associate director investments. “Successfully navigating …

Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings LLC, is seeking to expand its Northern California portfolio as industrial demand shifts across the region. As AI, advanced manufacturing and technology growth tighten available Class A supply in Fremont and San Jose, BLP is targeting well-located, functional, second-generation assets along the I-880 corridor while also investing in …

Prologis has acquired 69 acres in Minooka, Illinois, where the firm will develop Minooka Exchange, a 1,002,000-square-foot logistics facility. The single-story, cross-dock building will feature a 40-foot clear height, 290 car parking spaces and a 185-foot truck court. The property’s exterior will include full-height glass entryways and wood accents at each building corner. Located in …

Essex Realty Group, LLC has been exclusively engaged to market for sale a 20-unit portfolio, a multifamily investment opportunity comprised of five similar buildings in Chicago’s West Town neighborhood. The portfolio features 20 residential apartments, including 15 three-bedroom, two-bathroom units. Principal Jim Darrow and Director Abe Eilian represent the seller in the offering. All five …

BWE secured a $101 million bridge loan with HPS, a part of BlackRock, to refinance RISE at Glen Kernan Park, a newly delivered 308-unit luxury active adult (55+) community in Jacksonville, Florida. BWE’s Andy Effler headed up a team made up of Sam Miller, Conor Lee, Paul Smith, Chad Kiner and AJ Mangan. The non-recourse, floating-rate …

HTG and Elite Equity Development, Inc. (EED) opened the doors to Naranja Grand Phase I & Phase II, a multiphase, $115 million affordable housing community delivering a combined 320 income-restricted apartments for seniors and families in South Miami-Dade.  Located at 28150 SW 147th Avenue and 28050 SW 147th Avenue, Naranja Grand consists of two eight-story …

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 …

Ares Management Corporation has reached the final close of Japan Logistics Development Partners V LP, the latest vintage in its Japan-focused logistics real estate development fund series. Raising ¥612 billion (approximately US$4 billion), including LP equity commitments and GP commitment, JDP V closed at its hard cap and is nearly 50% larger than its predecessor …

GTIS Partners LP said Tuesday it has rebranded as Brightshore Capital LP, following the 21-year-old real estate investment firm’s transition to 100% ownership by its partners. The firm also announced the launch of Brightshore Credit, a real estate debt investment platform anchored with a $250-million investment that will focus on origination and investment in high-yield …

Widely considered an endangered property type following the COVID-19 pandemic, malls are now the top-performing sector in the U.S., the Wall Street Journal reported. Mall values are up 13% over the past year, more than double the increase in overall commercial real-estate prices, the WSJ reported, citing Green Street data. “In terms of how we …

Taconic Partners, The Prusik Group, L+M Development Partners, and BRP Companies, announced today that they signed a lease with the Upper Manhattan Empowerment Zone Development Corporation (UMEZ) for new headquarters space at the Urban League Empowerment Center at 119 W. 125th St. UMEZ will occupy 9,000 square feet on the sixth floor at the mixed-use …

Avison Young said Monday that it represented A-V Services Realty LLC, an electronics and technology company, in the acquisition of a 40,000-square-foot industrial flex property located at 60 E. Rte. 46 in Fairfield, NJ. The acquisition establishes the company’s first owned headquarters, with renovations set to begin in November. A-V Services was represented by Avison …

Bridge Investment Group and Hatteras Sky inked a $130 million bridge refinance for SAIYA, a newly built, 389-home, Class A mixed-use development located in Downtown Phoenix’s Roosevelt Row Arts District. Dwight Investment Management, an affiliate of Dwight Capital originated the financing. Completed in 2025, the 23-story high-rise offers a mix of studios, one-, two-, and three-bedroom units. The …

An affiliate of Rialto Capital Management has scheduled a foreclosure sale for River Corporate Center, a 133,225-square-foot office building at 8075 S. River Parkway in Tempe. The building is located within the tech-focused, 2.2 million-square-foot ASU Research Park, home to major tenants such as publicly traded electronics giant Avnet Inc., which has moved its global headquarters to the campus. Oaktree Capital Management obtained …

Non-residential construction conditions in the Seattle area remained broadly stable through the first half of 2026, though cost pressures varied significantly by market, trade and project type. According to a recent report by Mortenson, mega-project investments remain the strongest source of upward pressure, while softer demand across portions of the commercial and institutional market continues …

Newmark has arranged a $55 million loan on behalf of Mack Real Estate Group, Silverstein Properties and Cantor Fitzgerald to refinance Swell Apartments, a 200-unit multifamily community in Seattle, Washington. Newmark’s Co-Head of Global Debt & Structured Finance, Jordan Roeschlaub; Vice Chairman, Chris Kramer; Senior Associate, Sam Speciale; and Analyst, Lance Tillman arranged the financing …

Target Corp. plans to open a new store at a 75-acre retail development in Bastrop. The store, slated to go in at State Highway 71 and Farm to Market Road 969, is about 35 miles east of Austin. The retail center, Sendero (shown), could feature 250,000 square feet of retail and restaurant space, 782 apartments, …

Hut 8 Corp. is starting work next week on the Beacon Point data center campus in Nueces County. The 657,130-square-foot facility is estimated to cost $399 million. It hopes to have the facility operational in November of 2027. The facility is planned for 4650 FM 1694 in Robstown. Hut 8 Corp. says Beacon Point will be a …

Colliers completed the $12.72 sale of 2501 Grant Avenue, a 119,728-square-foot industrial facility situated on 5.96 acres in Northeast Philadelphia. The property was acquired by 2361-2371 Welsh Acquisitions LLC. Colliers Vice Chair Rich Gorodesky, SIOR, and Vice President Adam Gorodesky, CCIM, represented the seller, Grant Equities LLC, in the disposition. 2501 Grant Avenue is occupied …

M&T Realty Capital Corporation (M&T RCC) announced the closing of a $49.8 million bridge acquisition loan for Varsity on K, a 197-unit multifamily property located in the Foggy Bottom neighborhood of Washington, D.C., adjacent to George Washington University.  The financing will facilitate the acquisition and stabilization of the property by HH Fund, a repeat M&T …