Development

ECI Group Launches Leasing at $60M Multifamily Development in Metro Savannah

by John Nelson November 2, 2026

RICHMOND HILL, GA. — ECI Group has launched leasing at The Averly Richmond Hill, a $60 million multifamily development located along Ford Avenue in Richmond Hill, a southwest suburb of Savannah. Situated within one mile of I-95, the property will feature 243 one-, two- and three-bedroom apartments and 48 three-bedroom townhomes, as well as two pad-ready retail sites that are being marketed by Ashley Smith and Tyler Mouchet of Colliers | Savannah. Amenities will include an 8,400-square-foot clubhouse, package room, private offices, coffee bar, resort-style pool, golf simulator, dog park, pet spa, courtyards and rentable storage units. ECI Group plans to open its clubhouse on Nov. 17, giving prospective residents a chance to meet with the leasing team.

November 2, 2026

Development Industrial Loans Northeast Pennsylvania

Cushman & Wakefield Arranges $153M in Construction Financing for Industrial Project Near Philadelphia Airport

by Taylor Williams November 2, 2026

PHILADELPHIA — Cushman & Wakefield has arranged $153 million in construction financing for Phase I of Airport Logistics Center, a roughly 1 million-square-foot industrial project that will situated on a 66-acre site adjacent to Philadelphia International Airport. Building features will include 240 dock doors and parking for 704 cars and 209 trailers. Completion is slated for early 2028. The sponsor is a partnership between Ivy Realty and Lubert-Adler Real Estate Funds, and the package includes both debt and equity, though specific amounts of each piece were not disclosed. John Alascio, Chuck Kohaut, T.J. Sullivan, Aaron Graves, Andrew Merin, Gary Gabriel, Kyle Schmidt and Seth Zuidema of Cushman & Wakefield arranged the floating-rate construction loan through TPG Real Estate Credit. The team also advised on the structuring of the equity for the project.

November 2, 2026

Development Illinois Industrial Midwest

SAMPA USA to Open 62,000 SF Distribution Facility in Bartlett, Illinois

by Kristin Harlow November 2, 2026

BARTLETT, ILL. — SAMPA USA is expanding its Midwest presence with a new 62,000-square-foot facility at 2305 Kenyon Road in Bartlett. SAMPA USA, a Turkish company, will relocate from Romeoville and will utilize the new location as its Midwest distribution hub. Dan Brown of Brown Commercial Group represented the developer and owner, Cratos Industrial, in the lease. The space is part of Blue Heron 160, a three-unit industrial building totaling 166,573 square feet that is now fully leased. Additional tenants include Illinois Tool Works and Clarke Packing & Crating. The new space for SAMPA USA expands its operating footprint by 48 percent.

November 2, 2026

Data Centers Development Industrial Northeast Pennsylvania Top Stories

Salem Township Approves 4,466-Acre Data Center Overlay District in Northeast Pennsylvania

by Taylor Williams November 2, 2026

SALEM TOWNSHIP, PA. — The Salem Township Board of Supervisors has approved a 4,466-acre data center overlay district in northeastern Pennsylvania. The vote represents another cleared hurdle to bringing an energy and digital infrastructure campus with a total power capacity of 4 gigawatts to Luzerne County. The approval follows the Salem Township Planning Commission’s unanimous recommendation that 194 local families continue to pursue a potential $1.4 billion land sale involving nearly 4,500 acres of working and retired farms, family homesteads and other properties. That acreage would become the future home of the data center campus known as Salem 3. Under the currently proposed terms, the campus would also feature other uses, including a $12 million micro hospital and a community park, in addition to other natural green spaces that would be preserved. Construction could support as many as 2,000 new jobs. According to 4-3 Glennbrook Group, a landowner advocacy group that is representing the 194 families, the plan for Salem 3 builds on the township’s longstanding role as an energy-producing community, pairing existing energy infrastructure with a new generation of data center and digital infrastructure investment. The 4-3 Glennbrook Group team also handled the land assemblage for the existing Salem …

November 2, 2026

Development Georgia Mixed-Use Southeast

Toro Development Opens $560M Medley Mixed-Use Destination in Johns Creek, Georgia

by John Nelson October 30, 2026

JOHNS CREEK, GA. — Toro Development Co., a locally based development firm led by Mark Toro, has officially opened Medley, a $560 million mixed-use campus in Johns Creek, a northern suburb of Atlanta in Fulton County. Toro Development held a grand opening ceremony on Thursday, Oct. 29 for the 43-acre project, which culminated in the opening of 25 new restaurants and retailers, including Trader Joe’s, Shake Shack, Sephora, BODYROK, Kontour Med Spa, Five Daughters Bakery, Summit Coffee, Hollow Oak, Drybar and Petfolk, among others. Additionally, Medley’s office component (112,000 square feet) was built on a speculative basis but opened fully leased to tenants including Boehringer Ingelheim (73,000 square feet for its U.S. Animal Health headquarters), Brightree (17,751 square feet) and an unnamed tenant. Stream Realty Partners is leasing the office space on behalf of Toro Development, and Cushman & Wakefield represented Boehringer Ingelheim and Brightree in their lease negotiations. Medley was formerly a suburban office campus for State Farm Insurance, which relocated away from the site in 2013. In addition to offices, shops and restaurants, Medley will feature 881 luxury residences, featuring for-sale townhomes and apartments; a 25,000-square-foot plaza; and a 150-room boutique hotel set to open in 2028 that …

October 30, 2026

Development Loans Multifamily North Carolina Southeast

CBRE Arranges $81M Construction Loan for Multifamily Development in Charlotte

by John Nelson October 30, 2026

CHARLOTTE, N.C. — CBRE has arranged an $81 million construction loan for Sutherland at Piper Glen, a 299-unit apartment development located at 9621 Elm Lane in Charlotte’s Piper Glen neighborhood. Nate Sittema, Kristen Reilley and Elliott Voreis of CBRE’s Debt & Structured Finance team arranged the financing through Western-Southern Life Insurance Co. on behalf of the borrower, a consortium of investors led by the developer, RK Investors. The community will feature four five-story apartment buildings atop structured parking. Planned amenities include a fitness center, bike storage, coworking spaces, golf simulator, game room, swimming pool, fire pit, grilling areas, pet wash station and a coffee bar. The development team plans to launch leasing for Sutherland at Piper Glen next fall, with first units scheduled for delivery in March 2028. The property will be the multifamily component of Greenway at Piper Glen, a master-planned development by RK Investors.

October 30, 2026

Development Multifamily Texas

Alliance Residential Underway on 388-Unit Multifamily Project in Spring, Texas

by Taylor Williams October 30, 2026

SPRING, TEXAS — Alliance Residential is underway on construction of Broadstone Gosling Oaks, a 388-unit multifamily project in the northern Houston suburb of Spring. The site spans 14.6 acres within the Gosling Oaks mixed-use development, which is owned by Newman Commercial Real Estate. Information on floor plans was not disclosed, but the community will be pet-friendly, and units will be furnished with individual washers and dryers. Amenities will include a pool, fitness center and a business center. The first units are expected to be available for occupancy before the end of the year.

October 30, 2026

Development Multifamily Texas

Realty Capital Breaks Ground on 289-Unit Apartment Complex in Granbury, Texas

by Taylor Williams October 30, 2026

GRANBURY, TEXAS —The multifamily arm of local developer Realty Capital has broken ground on Lofts at Lakeview, a 289-unit apartment complex that will be located in Granbury, about 40 miles southwest of Fort Worth. The property will offer one-, two- and three-bedroom across four buildings. Amenities will include a pool, fitness center, resident clubhouse, coworking space, a sky lounge and outdoor grilling and dining stations. Origin Bank is financing construction of the project, which is slated for an early 2028 completion.

October 30, 2026

California Development Multifamily Western

Lewis Apartments Opens 208-Unit Community in West Sacramento

by Amy Works October 30, 2026

WEST SACRAMENTO, CALF. — Lewis Apartments, the multifamily development and management arm of Upland, Calif.-based Lewis Group of Cos., has completed and opened Independence, a 208-unit rental townhome community in the Southport area of West Sacramento. The community comprises two- and three-bedroom units ranging from approximately 1,176 to 1,722 square feet, with private entrances, direct-access one- and two-car garages and private outdoor living spaces. Amenities include a heated pool and a hot tub area with cabanas, a 24-hour fitness center, pickleball courts, outdoor barbecue and gathering areas, a fire table, dog park and spa, package lockers and a borrow-a-bike program. Independence in West Sacramento is Lewis’ second Independence-branded development in Northern California, following on the heels of Independence in Dixon, which opened in 2025. Lewis plans to expand the Independence concept to additional Northern California markets, with future communities planned in Folsom, Vacaville, Fairfield, Newark and other locations.

October 30, 2026

California Development Loans Multifamily Student Housing Western

Northmarq Arranges $24M in Construction Financing for Student Housing Project Near UC Berkeley

by Amy Works October 30, 2026

BERKELEY, CALIF. — Northmarq has arranged $24 million in construction financing for the development of 2372 Ellsworth Street, a 166-bed student housing community located at the corner of Ellsworth Street and Channing Way near the University of California, Berkeley campus. Briana DeHaan and Brandy Buttram of Northmarq secured the financing on behalf of an undisclosed borrower. The community will offer 49 units upon completion. Further details on the project were not announced.

October 30, 2026

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