Features
How to Build a Younger, More Diverse AEC Workforce to Solve Tomorrow’s Problems
Property Management Post-COVID? It’s All About Taking Care of the Client
Rent Growth Stalls in Multifamily and Build-to-Rent Sectors, Yardi Matrix Reports
Marcus & Millichap Webcast Panelists Divided on Remote Work, United in Retail Outlook
Lending Activity
IDS Receives $124M Loan for Cold Storage Facility in Riverside, California
Berkadia Arranges $11M Construction Loan for Boutique Office Conversion Project in Miami
Northmarq Arranges $2.6M Acquisition Loan for Multifamily Property in Trenton, Ohio
Axiom Capital Arranges $11.6M Loan for Refinancing of Upstate New York Shopping Center
Lument Provides $34.7M Fannie Mae Acquisition Loan for Metro Dallas Multifamily Property
Developments
Emerald Communities Starts Expansion Project at Emerald Heights CCRC in Redmond, Washington
EastGroup Properties Begins Construction on 275,559 SF Industrial Project in Buda, Texas
Entrepreneurs Invest $180M to Build 15 Indoor Pickleball Courts in Florida
Echo Real Estate, LGE Break Ground on 676,176 SF Echo Park Industrial Project in Glendale, Arizona
Huntley Investment Partners Breaks Ground on 60-Acre Industrial Project in Huntley, Illinois
Highridge Costa Starts Construction of 50-Unit Northwest Affordable Apartments in Broomfield, Colorado
Rooker Breaks Ground on 187,000 SF Industrial Building in Wesley Chapel, Florida
Berkadia Arranges $11M Construction Loan for Boutique Office Conversion Project in Miami
Great Wolf Resorts Breaks Ground on 27-Acre Hospitality Project in Webster, Texas
Seefried Properties Breaks Ground on 447,753 SF Industrial Facility in Adairsville, Georgia
Northland Buys 22-Acre Mixed-Use Development Site in Metro Richmond for North End Project
McCarthy Building Cos. Starts Construction of $17.5M Student Experience Center at Arizona Western College in Yuma
Acquisitions
Soma Capital, Hazelview Investments Sell Multi-Tenant Office Building in Sacramento for $55.1M
Edgemark Brokers Sale of 217,887 SF Former Department Store Building in Lombard, Illinois
Berkadia Arranges Sale of 228-Unit Apartment Complex in North Houston
IMG Purchases Millennium Apartments in Greenville for $64.4M
Cushman & Wakefield Brokers $40M Sale of Brooklyn Multifamily Property
Stos Partners Sells 182,275 SF Industrial Facility in Pomona, California for $45.9M
Berkadia Brokers $21.2M Sale of Multifamily Property in Denver
Marcus & Millichap Brokers $58.9M Sale of Three Metroplex Multifamily Properties
SVN | Blackstream Negotiates $10.7M Sale of Woodruff Village Shopping Center in Greenville
Marcus & Millichap Negotiates $15.9M Sale of Medical Office Building in Strongsville, Ohio
Lee & Associates Brokers $36.5M Sale Industrial Property in South Plainfield, New Jersey
Radco Acquires Three Hotels in Panama City Beach, Florida Totaling 281 Rooms
Leasing Activity
Pet Supplies Plus Signs 534,702 SF Industrial Lease in Orangeburg, South Carolina
Brookfield Properties Signs Law Firm to 37,429 SF Office Lease at Fifth + Broadway in Nashville
Engineering Firm Signs 26,000 SF Office Lease Renewal at Remodeled Building in Evanston, Illinois
CBRE Secures 30,688 SF Office Sublease in Manhattan’s Hudson Square District
UBS Signs 22,625 SF Office Lease in Downtown Philadelphia
Company News
GIC, Oak Street Agree to Acquire STORE Capital in $14B Transaction
Partners Announces Split From NAI Global Affiliation, Will Open New Dallas Office
Starbucks Plans to Open 2,000 New Stores by 2025, Invest $450M in Existing US Locations
Regal Cinemas’ Parent Company Cineworld Group Files for Chapter 11 Bankruptcy Protection
Northmarq Agrees to Acquire Commercial Real Estate Brokerage Stan Johnson Co.
