Tuesday, November 10, 2026
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Acquisitions

Wyndchase-Aspen
AcquisitionsMultifamilySoutheastTennessee

Walker & Dunlop Arranges $110M Financing for Multifamily Community in Franklin, Tennessee

by Abby Cox

FRANKLIN, TENN. — Walker & Dunlop has arranged $110 million in financing for the acquisition of Wyndchase Aspen Grove, a 560-unit multifamily community located in Franklin, a southern suburb of Nashville. Allan Edelson, Justin Nelson, Jeremy Seid, Joe Tarantino and PJ Feichtmeier of Walker & Dunlop secured the floating-rate, interest-only loan through Wells Fargo on behalf of the borrower, an unnamed institutional client. Wyndchase Aspen Grove spans 30 residential buildings and features one-, two- and three-bedroom floorplans averaging 1,091 square feet in size. Amenities at the community, which is complemented by more than 60 acres of green space, include two swimming pools with sundecks, a 24-hour fitness center, clubhouse with a game room, outdoor gathering areas, grilling stations, cybercafé, playground, dog park and a pet wash station.

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AcquisitionsIndustrialNevadaWestern

Newmark Arranges Sale of Golden Triangle Logistics Center in North Las Vegas

by Amy Works

NORTH LAS VEGAS, NEV. — Newmark has brokered the sale of Golden Triangle Logistics Center, a Class A industrial portfolio in North Las Vegas. Washington Capital sold the asset to Clarion Partners for an undisclosed price. Andrew Briner and Ken White of Newmark represented the seller, while Kevin Shannon of Newmark provided executive oversight for the transaction. Totaling 1.3 million square feet, Golden Triangle Logistics Center consists of three distribution facilities located at 2555, 2815 and 3375 E. Washburn Road. Spanning 64.5 acres, the asset features 36- to 37-foot clear heights, ESFR sprinkler systems, expansive truck courts, 189 dock-high loading positions and a sizable, secured trailer storage yard. At the time of sale, the property was 84 percent leased. The asset offers access to I-15 and the Clark County 215 Beltway.

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Steel-64
AcquisitionsDevelopmentIndustrialKentuckySoutheast

Blue Steel Acquires 309 Acres Near Louisville, Plans 1.8 MSF Industrial Project

by Abby Cox

SHELBYVILLE, KY. — Lakeland, Fla.-based Blue Steel Development has acquired 309 acres in Shelbyville, about 36 miles east of Louisville via I-64, with plans to build a nearly 1.8 million-square-foot industrial project dubbed Steel 64. The development will comprise two buildings spanning 1.4 million square feet and 362,909 square feet, respectively. Construction is slated to begin this quarter, with delivery anticipated for the fourth quarter of 2027. Steel 64, which will be designed to accommodate a range of distribution, logistics and manufacturing users, will include 40-foot and 36-foot clear heights, a dedicated trailer drop yard adjacent to Building 1 and double-row trailer parking for Building 2. The project team includes Horton, Harley & Carter, Inc. (architect), Land Design & Development Inc. (civil engineer), The Conlan Co. (general contractor) and CBRE (leasing). David Collie and Josh Tarpley of BWE arranged construction financing through Protective Life Insurance Co.

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Anniston-East
AcquisitionsAlabamaIndustrialLoansSoutheast

Arrow Real Estate Secures $16.9M in Acquisition Financing for Industrial Facility in Anniston, Alabama

by Abby Cox

ANNISTON, ALA. — Arrow Real Estate Advisors has arranged $16.9 million in acquisition financing for a 559,900-square-foot industrial facility located in the eastern-central Alabama city of Anniston. Morris Betesh, Omar Ferreira, Jonah Schultz and Zac Cornell of Arrow Real Estate secured the loan through Wells Fargo on behalf of the borrower, Tampa-based BlueLedge Group. Situated at 100 National Drive along the I-20 corridor, the industrial facility includes 41 dock-high and 18 drive-in loading doors and was fully leased at the time of sale to an undisclosed third-party logistics operator.

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South-Ridge
AcquisitionsMultifamilySouth CarolinaSoutheast

Northmarq Negotiates Sale of 350-Unit Apartment Community in Greenville, South Carolina

by Abby Cox

GREENVILLE, S.C. — Northmarq has negotiated the sale of South Ridge, a 350-unit apartment community located at 823 S. Church St. in Greenville. Andrea Howard, John Currin, Austin Jackson, Jeff Glenn and James Dorsett of Northmarq represented the seller, Bethesda, Md.-based Railfield Realty, in the transaction. Houston-based The Dinerstein Cos. acquired the property for an undisclosed price. David Vinson, Faron Thompson and Grant Harris, also with Northmarq, secured a three-year bridge loan through AllianceBernstein on behalf of the borrower. Delivered in 2015, South Ridge comprises six residential buildings and is situated on approximately 8.7 acres. The community offers studio, one-, two- and three-bedroom floorplans and includes a mix of amenities such as a saltwater swimming pool, fitness center, resident sky lounge, outdoor entertaining areas and structured parking. South Ridge also features 14,658 square feet of ground-floor retail space occupied by Biscuit Head, Shred415, Mix Salon Studios and Strayer University.

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AcquisitionsCaliforniaDevelopmentIndustrialWestern

Cabot Properties Buys 5.4-Acre Industrial Development Site in Los Angeles

by Amy Works

LOS ANGELES — Cabot Properties has purchased a 5.4-acre site at 19701 Hamilton Ave. in Los Angeles’ South Bay submarket from a Brookfield-backed fund for an undisclosed price. The asset is fully entitled and permit-ready for the development of a 122,533-square-foot industrial facility designed to accommodate a wide range of manufacturing, warehouse and distribution uses. Brookfield’s BGRE operating team secured the entitlements. The property is also set within a federally designated Opportunity Zone. Chad Solomon, Patrick Nally, Makenna Peter, Shae Vomund, Zac Sakowski and Brianne Demus of JLL represented the seller in the transaction.

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AcquisitionsIllinoisIndustrialMidwest

Newmark Brokers Sale of 79,540 SF Industrial Building in Aurora, Illinois

by Kristin Harlow

AURORA, ILL. — Newmark has brokered the sale of a 79,540-square-foot industrial building located at 3615 Exchange Ave. in Aurora. Corey Chase of Newmark arranged the sale. Situated within Meridian Business Park, the property sits on 4 acres and offers convenient access to I-88. The buyer plans to utilize the facility to support the expansion of its U.S. operations, using the property for warehousing, storage and distribution. The seller was a private entity.

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Dry-Creek-Ranch-Northlake
AcquisitionsLoansMultifamilyTexas

Newmark Provides $53.9M Agency Acquisition Loan for Multifamily Property in Northlake, Texas

by Taylor Williams

NORTHLAKE, TEXAS — Newmark has provided a $53.9 million Fannie Mae acquisition loan for Dry Creek Ranch, a 456-unit multifamily property in Northlake, located north of the metroplex in Denton County. Built on 29 acres between 2014 and 2017, Dry Creek Ranch features one-, two- and three-bedroom units and amenities such as multiple pools, a fitness center, clubhouse, business center, basketball court and a car wash station. Adam Randall, John Westby-Gibson and Drake Blodgett of Newmark originated the five-year, fixed-rate loan on behalf of the buyer, Denver-based Bow River Capital. Drew Kile, Taylor Hill, Joey Tumminello, Michael Ware and Shelby Vosburg of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller, Western Securities, in the transaction and procured Bow River as the buyer.

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Wintergreen-Distribution-Center-Hutchins-Texas
AcquisitionsIndustrialTexas

Cushman & Wakefield Brokers Sale of 754,822 SF Industrial Building in Hutchins, Texas

by Taylor Williams

HUTCHINS, TEXAS — Cushman & Wakefield has brokered the sale of Wintergreen Distribution Center, a 754,822-square-foot industrial building in Hutchins, a southern suburb of Dallas. Wintergreen Distribution Center was built on 42.7 acres in 2018 and features a cross-dock configuration, 36-foot clear heights, 164 loading doors, an ESFR sprinkler system and parking for 303 cars and 205 trailers. Jud Clements, Robby Rieke, Emily Brandt and Trevor Berry of Cushman & Wakefield represented the seller, Boston-based Cabot Properties, in the transaction. The buyer and sales price were not disclosed.

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AcquisitionsIndustrialSelf-StorageTexas

Marcus & Millichap Arranges Sale of 359-Unit Self-Storage Facility in Azle, Texas

by Taylor Williams

AZLE, TEXAS — Marcus & Millichap has arranged the sale of KO Storage, a 359-unit self-storage facility in Azle, a northwestern suburb of Fort Worth. Built on 5.3 acres in 2016, KO Storage spans 65,725 net rentable square feet across 10 single-story buildings, inclusive of traditional drive-up units and enclosed parking spaces. Danny Cunningham and Brandon Karr of Marcus & Millichap represented the seller in the transaction procured the buyer.

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