Development

PLAINFIELD, ILL. — Pharmacy Automation Supplies has purchased 4.4 acres at Plainfield Business Center, Lot 6, for a new build-to-suit warehouse and office facility. The manufacturer and distributor of consumables to retail and healthcare organizations is relocating to Plainfield from a smaller space in Romeoville. The seller, Northern Builders, will construct a 30,000-square-foot building within the complex. Completion is slated for the end of the year. Terry Grapenthin and Ryan Earley of Lee & Associates of Illinois represented Pharmacy Automation Supplies in the transaction.

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SHERMAN, TEXAS — A partnership led by Community Hospital Corp. will develop Heritage Regional Medical Center, a $400 million acute care facility that will be located within the Heritage Ranch master-planned community in the North Texas city of Sherman. The nonprofit facility will include 100 inpatient beds and the infrastructure to support future expansion of all major departments — surgery, imaging, emergency and outpatient services — by another 200 beds. The initial phase of Heritage Regional Medical Center is expected to account for about 400 new jobs, and future expansion should increase the employee count to over 1,000. National healthcare architectural firm ESa is designing the facility, and ADAMS Management Services Corp. will oversee construction. Construction is scheduled to begin early next year, with the opening slated for 2028.

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SAN MARCOS, TEXAS — A partnership between St. Clair Commercial Realty and Ledo Capital has broken ground on a 377,300-square-foot industrial project in the Central Texas city of San Marcos. The project represents Phase I of a larger development that will ultimately consist of three buildings totaling 665,760 square feet. The building will feature 36-foot clear heights, 80 dock-high doors, two drive-in doors and 185-foot truck court depths, as well as 3,485 square feet of office space. Design-build firm ARCO/Murray is the general contractor for the project, and Stream Realty Partners is the leasing agent. Phase I is slated for a second-quarter delivery.

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TOMBALL, TEXAS — Colliers has brokered the sale of a 16.2-acre commercial development site located along South Chestnut Street in Tomball, a northeastern suburb of Houston. Tom Condon Jr. of Colliers represented the buyer, the Tomball Economic Development Corp. (TEDC), in the transaction. The seller and sales price were not disclosed. The TEDC bought the parcel with the intent of assembling a larger site, specific development plans for which have yet to be determined.

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NEW YORK CITY — Locally based owner-operator BRP Cos. has completed Ruby Square, a 614-unit mixed-income multifamily development in the Jamaica area of Queens. Ruby Square features a mix of studios (seven), one-bedroom units (454) and two-bedroom apartments (153). About a third (185) of the units are affordable for residents earning between 80 and 130 percent of the area median income. The property also offers 50,000 square feet of amenity space across a two-level private park, multiple rooftop lounges, a fitness center, coworking spaces, multiple resident lounges, an indoor basketball court, children’s playroom, pet grooming facilities and a 24/7 attended lobby. Leasing launched in May, at which time market-rate rents started at about $2,800 per month.

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WESTAMPTON, N.J. — Mapletree, a development and investment firm based in Singapore, has broken ground on a 250,000-square-foot industrial facility in Westampton, located in Southern New Jersey’s Burlington County. The site spans 22.5 acres and offers immediate proximity to the New Jersey Turnpike. Building features will include a clear height of 36 feet, 44 dock doors, two drive-in doors and parking for 150 cars and 62 trailers. Blue Rock Construction is serving as the general contractor for the project. JLL is the leasing agent. Completion is slated for mid-2026.

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NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has arranged the $20 million sale of a multifamily development site in the Prospect Lefferts Gardens neighborhood of Brooklyn. The site at 224-240 Clarkson Ave. is located within an Opportunity Zone and can support up to 150,000 buildable square feet of new development. Sean Kelly, Shimon Shkury and Lawrence Sarn of Ariel Property Advisors represented the seller, private investor Albert Rabizadeh, in the transaction. The buyer was not disclosed.

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NEW BRUNSWICK, N.J. — A partnership between Pennrose and The New Brunswick Housing & Redevelopment Authority has broken ground on Hildebrand Commons, 66-unit affordable seniors housing project that will be located in Central New Jersey. The six-story building will offer one- and two-bedroom apartments that will be reserved for households earning 20 to 60 percent of the area median income. Five apartments will be set aside for formerly homeless individuals. Amenities will include a community room, fitness center and an outdoor courtyard. The first move-ins are expected to begin in fall 2026.

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DECATUR, GA. — Northwood Ravin plans to develop Halo, a 370-unit luxury apartment community in Decatur. The Charlotte-based developer plans to deliver first units next April and fully finish the five-story development by January 2027. Situated in the city’s East Decatur neighborhood, Halo will offer a mix of one-, two- and three-bedroom apartments, as well as retail and plaza space and live-work units with street-level entrances. Northwood Ravin is partnering with Eric Carlton of Oakhurst Realty Partners on the retail tenant mix. The first confirmed retail tenant is Galore Market, a neighborhood market concept from the creators of O4W Market near Krog Street Market. Planned amenities at Halo include a rooftop pool, more than 3,000 square feet of fitness space, including a private yoga studio and exercise room, gaming lawn, pergola with covered seating, outdoor movie projector, fire pit, a hidden bar with full service and surprise cocktail events, sports bar, golf simulator, pet spa and a community coworking club with an embedded coffee shop.

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BELTSVILLE, MD. — Logistics Property Co. (LogiPropCo) has broken ground on Beltsville Logistics Center, a two-building, 270,000-square-foot industrial development in the Washington, D.C., suburb of Beltsville. The property is situated on Md. Route 200 and has immediate access to I-95. Building 1 at Beltsville Logistics Center will total 147,358 square feet and Building 2 will total 122,606 square feet. Both buildings will feature 32-foot clear heights, ample dock doors and auto parking spaces. The design-build team includes FCL Builders (general contractor), Powers Brown Architecture (architect), LJB Engineering (structural engineer) and Salas O’Brien (MEP engineer). LogiPropCo expects to deliver the development in third-quarter 2026.

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