Property Type

Accesso to Undertake Mixed-Use Redevelopment of 911,574 SF Office Campus in Northwest Austin

by Taylor Williams March 16, 2026

AUSTIN, TEXAS — Accesso, a Florida-based owner-operator, will undertake a mixed-use redevelopment of 7700 Parmer, a 911,574-square-foot office campus in northwest Austin. Plans for the redevelopment call for up to six office building totaling roughly 798,000 square feet, as many as 1,800 multifamily units, approximately 80,000 square feet of retail and restaurant space and a boutique hotel that could have as many as 340 rooms. The campus currently consists of four buildings on 129 acres and offers amenities such as an auditorium, café, fitness center, soccer and baseball fields, a volleyball court and a daycare center. Accesso has received the necessary zoning changes for redevelopment and plans to break ground in 2027, with construction expected to last several years.

March 16, 2026

Industrial Leasing Activity Texas

JLL Arranges 146,442 SF Industrial Lease in North Houston

by Taylor Williams March 16, 2026

HOUSTON — JLL has arranged a 146,442-square-foot, full-building industrial lease in North Houston. According to LoopNet Inc., the four-building manufacturing complex at 12800 Aldine Westfield Road was built in 1979 and features 21- to 25-foot clear heights, eight loading doors, five grade-level doors and 14,153 square feet of office space. The site also has about 10 acres that can potentially be used for industrial outdoor storage, per LoopNet. Jordan Raney and Jarret Venghaus of JLL represented the tenant, Houston-based pipe fabricator Constellation Industries, in the lease negotiations. John Ferruzzo and Jack Ferruzzo of KBC Advisors represented the landlord, GSK Industrial. The deal is expected to double Constellation’s production capacity and to create about 120 new jobs.

March 16, 2026

Acquisitions Hospitality Texas

Marcus & Millichap Brokers Sale of 103-Room Hotel in West Dallas

by Taylor Williams March 16, 2026

DALLAS — Marcus & Millichap has brokered the sale of a 103-room hotel in West Dallas. The Residence Inn Dallas at The Canyon is an extended-stay hotel that was built in 2018 and offers studio and one-bedroom suites with full kitchens. Amenities include a pool, fitness center, business center and a convenience store. Chris Gomes and Allan Miller of Marcus & Millichap represented the seller, Dallas-based Atlantic Hotel Group, in the transaction. Clayton Hill and Gordon Allred, also with Marcus & Millichap, procured the buyer, a private investment group doing business as Jean Valjean LLC.

March 16, 2026

Acquisitions Hospitality Texas

Vital Capital Partners Buys 38,817 SF Rehabilitation Hospital in Temple, Texas

by Taylor Williams March 16, 2026

TEMPLE, TEXAS — California-based investment firm Vital Capital Partners has purchased a 38,817-square-foot rehabilitation hospital in the Central Texas city of Temple. The 36-bed inpatient facility was developed in 2018 on a six-acre site at 23621 SE H K Dodgen Loop as a build-to-suit project for the tenant, LifePoint Health. The seller and sales price were not disclosed.

March 16, 2026

Development Multifamily New York Northeast

Partnership Begins Leasing 187-Unit Multifamily Project in Brooklyn

by Taylor Williams March 16, 2026

NEW YORK CITY — A partnership between Ailanthus, BEB Capital and SK Development has begun leasing One Sunset, a 187-unit multifamily project in Brooklyn’s Sunset Park neighborhood. Designed by dencityworks | architecture with interiors by Alchemy Studio, the 14-story building offers one-, two- and three-bedroom floor plans, with 46 units reserved as affordable housing. Amenities include a fitness center, game/media room, coworking lounge, private dining/entertainment areas and a rooftop terrace. Corcoran New Development is leading the residential leasing efforts. Rents start at roughly $3,200 per month for a one-bedroom apartment.

March 16, 2026

Development Hospitality New York Northeast

Emerson Hospitality Underway on Hotel Redevelopment Project in Esopus, New York

by Taylor Williams March 16, 2026

ESOPUS, N.Y. — Emerson Hospitality is underway on a hotel redevelopment project in Esopus, located roughly midway between New York City and Albany. The project will convert Black Creek Barns, a historic 153-acre estate, into a 70-room hotel and resort via the restoration of six historic structures and construction of new cabins and suites. Amenities will include a 7,000-square-foot indoor event hall, a 9,000-square-foot craft and design hall, a pool, wellness center and two dining venues. Institutional Property Advisors, a division of Marcus & Millichap, arranged $38 million in construction financing, including $19 million in C-PACE debt, for the project, which is slated for a late-2027 completion.

March 16, 2026

Acquisitions New York Northeast Office Retail

Newmark Brokers Sale of 32,400 SF Office, Retail Building in Manhattan’s SoHo District

by Taylor Williams March 16, 2026

NEW YORK CITY — Newmark has brokered the sale of a 32,400-square-foot office and retail building in Manhattan’s SoHo district. The landmark five-story building at 61–63 Crosby St. was fully leased at the time of sale to office users such as Comcast Ventures, Aptos Labs and SISTER Group. Patagonia’s New York City flagship store anchors the building’s retail component. The buyer was local investment firm Vertex, and the seller was undisclosed. Adam Spies, Adam Doneger, Josh King, Marcella Fasulo and Meaghan Philbin of Newmark brokered the deal.

March 16, 2026

Leasing Activity Life Sciences Massachusetts Northeast

Convatec Signs 24,572 SF Life Sciences Lease Expansion, Extension in Lexington, Massachusetts

by Taylor Williams March 16, 2026

LEXINGTON, MASS. — Convatec has signed a life sciences lease expansion and extension in Lexington, located northwest of Boston. The medical products and technology company now occupies 24,572 square feet on the second floor of 20 Maguire Road, a 101,310-square-foot, converted building. Alex Plaisted and Don Domoretsky of CBRE represented the landlord, a partnership between Investcorp and Griffith Properties, in the lease negotiations.

March 16, 2026

Acquisitions Multifamily Washington Western

Cushman & Wakefield Brokers $11.5M Sale of Roy Vue Apartments in Seattle

by Amy Works March 16, 2026

SEATTLE — Cushman & Wakefield has facilitated the disposition of Roy Vue Apartments, a historic 34-unit multifamily property in Seattle’s Capitol Hill neighborhood. The asset traded for $11.5 million. Dylan Roeter, Tim McKay, Dan Chhan, Matt Kemper, Jacob Odegard and Byron Rosen of Cushman & Wakefield represented the undisclosed seller in the transaction. Totaling 34,059 net rentable square feet, Roy Vue Apartments features 30 one-bedroom/one-bath units and four two-bedroom/one-bath units, with an average unit size of more than 1,000 square feet and nine-foot ceilings. Community amenities include private landscaped courtyards, 19 individual garages and updated building systems. The property is located at 615 Bellevue Ave. E.

March 16, 2026

Acquisitions Arizona Office Western

CBRE Arranges $11.2M Sale of Arizona Veterinary Specialty Center in Gilbert

by Amy Works March 16, 2026

GILBERT, ARIZ. — CBRE has arranged the acquisition of Arizona Veterinary Specialty Center, a veterinary speciality and emergency care facility in Gilbert. Futurepath Development Services acquired the asset for $11.2 million. Located at 86 W. Juniper Ave., the property offers 28,805 square feet of space. The asset is 68 percent occupied by Arizona Veterinary Emergency & Critical Care Center, a National Veterinary Associates and Ethos Veterinary Health company, and Thrive Pet Healthcare. Nick Whitstone and Miles DeLong of CBRE represented the buyer in the deal.

March 16, 2026

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