Development

The-Gilman-Irving

IRVING, TEXAS — Locally based owner-operator Rosewood Property Co. has begun leasing The Gilman, a 370-unit apartment community located within Irving’s Las Colinas district.. Situated on 6.9 acres, the development offers studio, one-, two- and three-bedroom floor plans that range in size from 615 to 1,460 square feet. Amenities include a pool, fitness center, indoor and outdoor clubrooms, a poker lounge, coworking space, a golf simulator, sky lounge and a dog park. Construction of The Gilman, which Rosewood developed in partnership with Barings, began in 2024 and is slated for full completion in early 2027. Rents start at $1,878 per month for a studio apartment.

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Veterans-Affairs-Clinic-Copperas-Cove-Texas

COPPERAS COVE, TEXAS — Illinois-based developer Cullinan Properties is underway on construction of a 256,000-square-foot Veterans Affairs (VA) clinic at 552 Robert Griffin III Blvd. in the Central Texas city of Copperas Cove. The new two-story clinic will offer a full range of services, including imaging, dental, endoscopy, primary care, social work, dermatology and cardiology. The facility will also have a dedicated clinic for women. Sitework commenced in September, and a groundbreaking ceremony took place on Oct. 8. Construction is expected to be complete in fall 2028, with the first patients expected to be seen in January 2029.

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LOUISVILLE, KY. — Cushman & Wakefield | Commercial Kentucky has arranged the sale of Mid-City Mall, a 185,000-square-foot former shopping center in Louisville. The existing structure is scheduled for demolition in January 2027 to make way for a $60 million mixed-use project. Dubbed Mid City Market, the new development will be anchored by a Publix grocery store, alongside five retail buildings, expanded green space, pedestrian walkways and reduced parking. The existing front-entrance tenants, Raising Cane’s and Heine Brothers Coffee, are expected to remain at the property, while the local library branch will be relocated to a new building on the Beechwood Avenue side of the project. Mid City Market is expected to open in 2028. Craig Collins and Austin English of Cushman & Wakefield | Commercial Kentucky represented the seller, Bardstown Road Investment Co., which owned the property for 40 years. As part of the transaction, Bardstown Road Investment Co. will retain an undisclosed equity stake in the deal. The buyer was Atlanta-based Branch Properties, which has developed several Publix-anchored shopping centers in the Southeast.

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757-Hellertown-Road-Bethlehem-Pennsylvania

BETHLEHEM, PA. — Regional developer J.G. Petrucci Co. Inc. is nearing completion of a 216,000-square-foot cold storage project in the Lehigh Valley city of Bethlehem. The building at 757 Hellertown Road is being developed in partnership with BGO Cold Chain, an investment group that specializes in that subcategory of industrial product, and is fully preleased to Freshpet. J.G. Petrucci’s in-house construction team, Iron Hill Construction Management, served as the general contractor for the project, which is expected to be fully complete by the end of the year.

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Black-Mountain-Mktpl-Cave-Creek-AZ

CAVE CREEK, ARIZ. — Evergreen Development, on behalf of the Bullington family, has broken ground on Black Mountain Marketplace, a planned 13.3-acre neighborhood center located in Cave Creek, roughly 30 miles north of Phoenix. A 41,337-square-foot Mountainside Fitness will anchor the project, which is expected to be completed in the summer of 2027. Black Mountain Marketplace includes seven outparcel pads planned for dining, services and neighborhood-serving retail that will complement Mountainside Fitness and serve the surrounding Cave Creek and North Phoenix communities. Several transactions are currently in progress, with limited availability remaining for drive-thru pads. Evergreen is serving as the Bullington family’s development partner and is leading the planning, entitlement and construction of the project, alongside A.R. Mays Construction as general contractor, Upward Architects as architect and Hubbard Engineering as civil engineer.

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PLANO, TEXAS — AT&T (NYSE: T) has broken ground on its $1.3 billion headquarters campus in Plano, about 20 miles north of Dallas. The 54-acre campus is ultimately planned to feature 2.2 million square feet of space across seven buildings, as well as three parking garages and a welcome center. The telecommunications giant is consolidating roughly 100,000 employees at the new campus. According to the Dallas Business Journal, AT&T employees will relocate to the Plano office from AT&T’s current headquarters at the Whitacre Tower in downtown Dallas, as well as satellite offices in Irving and Plano. The site formerly housed the headquarters campus for Ross Perot’s Electronic Data Systems (EDS), according to Dallas Business Journal. The former EDS buildings were demolished in August to make way for AT&T. AT&T is developing the horizontally designed campus in partnership with groups such as Dallas-based developer KDC and global architecture firm Gensler. Employee parking was a critical design element for Gensler, which says that all parking will be covered and situated less than three minutes from a building’s front door. Additionally, the campus core will be positioned within a quarter mile from all parking options. The newly constructed buildings will be outfitted with …

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Rankin-59-Houston

HOUSTON — A joint venture between two Houston-based groups, Transwestern Investments and Hanover Co., will develop Rankin 59, a 749,016-square-foot industrial project in North Houston. The site is located at the corner of Rankin Road and U.S. Highway 59/I-69, adjacent to George Bush Intercontinental Airport. The development will consist of a single cross-dock facility with 40-foot clear heights, 130- to 185-foot truck court depths, 106 dock doors and parking for 429 cars and 140 trailers. Construction is expected to begin in January and to last about 12 months.

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BOSTON — Breakthrough Properties, which is a joint venture between New York City-based Tishman Speyer and Bellco Capital, has completed the sale of a development site at 232 A St. in South Boston to P&G Gillette. The locally based shaving products company previously announced plans to establish its new Grooming Headquarters & Technical Innovation Center at the site, an initiative valued at roughly $1 billion.Breakthrough originally acquired the 2.4-acre site in 2021 for $80 million and subsequently secured approval for a 325,000-square-foot research and development campus with 1.5 acres of public space, including a waterfront park on the Fort Point Channel. Jonathan Varholak of CBRE led the brokerage team that facilitated the land sale.

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YONKERS, N.Y. — CubeSmart will open a 949-unit self-storage facility in Yonkers, located north of New York City. New York-based Cayre Equities is developing the facility at 1060 Nepperhan Ave., and construction has now passed the midpoint and is expected to be complete in the second or third quarter of next year. Miami-based lender 3650 Capital provided a $24 million construction loan for the project that carried a 36-month term with a six-month extension option. David Eyzenberg of Eyzenberg & Co. arranged the loan on behalf of the developer.

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HOLLYWOOD, ALA. — Helix Electric Inc., a national electrical contractor, has broken ground on the first phase of a 1.2 million-square-foot advanced fabrication campus in Hollywood, a northeast Alabama city in Jackson County. Phase I will span 300,000 square feet of modular space and will be complete in 2028. Helix Electric will employ more than 150 people in the first phase and will produce prefabricated electrical components for users in several industries, including data centers, advanced manufacturing, multifamily and commercial real estate.

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