Property Type

Transwestern Completes 321,104 SF Industrial Project in North Houston

by Taylor Williams June 25, 2026

HOUSTON — Transwestern has completed Imperial Crossing, a two-building, 321,104-square-foot industrial project located at the intersection of Richey Road and Imperial Valley Drive in North Houston. Building 1 totals 242,603 square feet and features a cross-dock configuration and 36-foot clear heights. Building 2 spans 78,501 square feet and has a front-load design and 32-foot clear heights. Both buildings can accommodate tenants with full-building requirements or spaces as small as 35,000 square feet. Transwestern is also the leasing agent for Imperial Crossing.

June 25, 2026

Acquisitions Development Multifamily Texas

PCC Acquires 252-Unit Multifamily Complex in San Antonio, Plans Capital Improvements

by Taylor Williams June 25, 2026

NEW BRAUNFELS, TEXAS — Metro Denver-based investment firm Platte Canyon Capital (PCC) has acquired Northwood Apartments, a 252-unit multifamily complex located northeast of San Antonio in New Braunfels. Northwood Apartments was built in phases between 1998 and 2017 and offers one- and two-bedroom units. PCC plans to update and renovate amenity spaces, including the pool, fitness center, parking areas and clubhouse, as well as building exteriors. The property was 70 percent occupied at time of sale. The undisclosed seller was the property’s original developer.

June 25, 2026

Leasing Activity Office Texas

Cushman & Wakefield Negotiates 172,089 SF Office Lease in Irving

by Taylor Williams June 25, 2026

IRVING, TEXAS — Cushman & Wakefield has negotiated a 172,089-square-foot office lease in Irving’s Las Colinas district. The new tenant, religious nonprofit organization Mercury One, will occupy the entirety of the building at 6655 N. MacArthur Blvd., which was developed in 1997. Matt Schendle and Mary Frances Burnette of Cushman & Wakefield represented the owner, Orion Properties, in the lease negotiations. Steve Wentz, also with Cushman & Wakefield, represented the tenant.

June 25, 2026

Acquisitions Retail Texas

Marcus & Millichap Brokers Sale of 13,611 SF Retail Strip Center in San Marcos, Texas

by Taylor Williams June 25, 2026

SAN MARCOS, TEXAS — Marcus & Millichap has brokered the sale of Centerpoint Plaza, a 13,611-square-foot retail strip center in San Marcos, located roughly midway between Austin and San Antonio. The center was fully leased at the time of sale, with a freestanding Starbucks serving as the anchor tenant. Coleman Solomon, Joseph Blanga and Philip Levy of Marcus & Millichap represented the seller and procured the buyer, both of which were local private investors that requested anonymity, in the transaction.

June 25, 2026

Development Massachusetts Mixed-Use Northeast

Partnership Completes Phase I of Boston Mixed-Use Development

by Taylor Williams June 25, 2026

BOSTON — A partnership between Harvard University and New York City-based real estate giant Tishman Speyer, as well as Tishman Speyer’s life sciences affiliate Breakthrough Properties, has completed Phase I of a mixed-use development in Boston’s Allston neighborhood. Known as the Enterprise Research Campus, the development’s initial phase spans 9 acres and features a 343-unit apartment community known as Verra, the 246-room Atlas Hotel, a two-building life sciences and lab complex, a conference center, 40,000 square feet of street-level retail and restaurants and 2 acres of open green space. The Enterprise Research Campus was first announced in summer 2023 and funded by $750 million in construction financing provided by a syndicate of lenders led by New York City-based Otera Capital.

June 25, 2026

Development Multifamily Retail Southeast Tennessee

CBL Sells Land at CoolSprings Galleria Mall in Metro Nashville to Greystar for 361-Unit Apartment Development

by John Nelson June 25, 2026

FRANKLIN, TENN. — CBL Properties, a publicly traded mall REIT based in Chattanooga, Tenn., has sold a 5.4-acre parcel at CoolSprings Galleria, a nearly 1.2 million-square-foot regional shopping mall in metro Nashville. The buyer, Charleston-based Greystar, plans to develop a Class A, 351-unit apartment community with 15,000 square feet of ground-floor retail space on the site, which was previously an underutilized parking lot. Greystar plans to break ground immediately and deliver the community in approximately two years. Built in 1991, CoolSprings Galleria is located at 1800 Galleria Blvd. in Franklin, about 15 miles south of downtown Nashville. According to CBL, the mall has 150 total stores, including department stores Belk, Dillard’s, JCPenney, Macy’s and Primark. Other stores include Apple, Barnes & Noble, Chili’s, Duluth Trading Co., H&M, Hot Topic, LEGO, L.L. Bean (soon to open), Spencer’s, Taco Bell, Target and Urban Air Adventure Park.

June 25, 2026

Acquisitions Industrial Southeast Tennessee

Manova Partners Acquires 306,280 SF Industrial Facility in Portland, Tennessee

by John Nelson June 25, 2026

PORTLAND, TENN. — Manova Partners has acquired Gateway 65, a 306,280-square-foot industrial facility located along Vaughn Parkway in Portland, about 39 miles north of Nashville in Robertson County. The seller and sales price were not disclosed, but the property was listed on the website of local developer OTN Group. The facility features 36-foot clear heights, 10 loading doors (expandable to 45) and 4,500 amps of power. Built in 2025, the property is the North American headquarters of a global manufacturer of industrial guarding and safety solutions. The unnamed tenant occupies the facility on a 10-year lease, according to Manova Partners. The company was not disclosed, but local media outlets report that the tenant is Swedish-based Troax Group.

June 25, 2026

Acquisitions Florida Retail Southeast

JLL Brokers $23.5M Sale of Aldi-Anchored Shopping Center in Port Charlotte, Florida

by John Nelson June 25, 2026

PORT CHARLOTTE, FLA. — JLL has brokered the $23.5 million sale of Promenades Port Charlotte, a grocery-anchored shopping center located at 3280 Tamiami Trail in Port Charlotte. The 1970s-era property was completely renovated in 2024 and its Winn-Dixie anchor was recently rebranded to Aldi. Promenades Port Charlotte was 79.5 percent leased at the time of sale to tenants including Bealls Outlet, HCA Florida Fawcett Hospital and YouFit Gym. Danny Finkle, Jorge Portela, Kim Flores and Jacob Wise of JLL represented the undisclosed seller in the transaction. Kenny Cutler and Paul Adams, also with JLL, arranged an $18.4 million acquisition loan through Intercredit Bank for the buyer, Corinthian Capital LLC.

June 25, 2026

Loans Multifamily South Carolina Southeast

Cronheim Mortgage Arranges $20.7M Loan for Apartment Community in Myrtle Beach

by John Nelson June 25, 2026

MYRTLE BEACH, S.C. — Cronheim Mortgage has arranged $20.7 million in permanent financing for The Brixley, a 149-unit apartment community in Myrtle Beach. Brandon Szwalbenest, Dev Morris and Andrew Stewart of Cronheim Mortgage secured the five-year, interest-only loan on behalf of the borrower, Livingston, N.J.-based Eastman Residential. The direct lender was not disclosed. Situated off U.S. Route 501, The Brixley features 144 three-bedroom apartments, four one-bedroom units and one studio, as well as a resort-style pool, outdoor chef’s kitchen, fitness facility, clubhouse and a dog park. Eastman Residential has renovated 60 percent of unit interiors and upgraded the amenities at the community since acquiring it in 2023. The Brixley was 96 percent occupied at the time of sale.

June 25, 2026

Loans New York Northeast Office

JLL Arranges $42M Loan for Refinancing of Midtown Manhattan Office Building

by Taylor Williams June 25, 2026

NEW YORK CITY — JLL has arranged a $42 million loan for the refinancing of The Nelson Tower Building, a 510,304-square-foot office complex located at 450 Seventh Ave. in Midtown Manhattan. Originally constructed in 1930 and most recently renovated in 2019, the 46-story building features an upgraded lobby, modernized elevators and a tenant amenity suite with conference facilities and a rooftop lounge. Aaron Niedermayer led the JLL team that originated the loan through Apple Bank on behalf of the locally based borrower, The Kaufman Organization.

June 25, 2026

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