STAFFORD, VA. — JE Richards, an electrical components manufacturer serving the data center industry, has signed a full-building lease at Capitol Logistics 95, a nearly 935,000-square-foot industrial building in Stafford. The property is located at 211 Centreport Parkway near I-95. John Dettleff led the JLL team representing the landlord, Flint Development, in the lease negotiations. Michael DiMeglio and Michael Isen of NAI Michael represented JE Richards, which plans to employ roughly 500 staffers at the facility at full capacity.
PALM BEACH GARDENS, FLA. — Nuveen Real Estate has sold Promenade Shopping Plaza, a 207,877-square-foot shopping center located in Palm Beach Gardens. Boston-based Mount Vernon Co. purchased the Publix-anchored center. Danny Finkle, Jorge Portela and Kim Flores of JLL represented Nuveen in the transaction. The sales price was not disclosed, but South Florida Business Journal reports that the shopping center traded for $67 million. Promenade was originally developed in 1989 and renovated in May 2025. The property was 98 percent leased at the time of sale to tenants including Planet Fitness, Bealls Outlet, Goodwill and Ace Hardware, as well as professional services and medical tenants.
CHARLOTTE, N.C. — Space Craft has launched leasing at Oxbow, a 389-unit apartment development underway at 2125 N. Davidson St. in Charlotte’s Optimist Park neighborhood. Sentral manages the apartment community, which is will provide direct access to the Cross Charlotte Trail. Residences at Oxbow will range from studio apartments to four-bedroom units spanning 410 to 1,501 square feet, as well as 1,258-square-foot townhomes and more than 11,300 square feet of ground-level retail space. Monthly rental rates will range from $1,320 to $3,325, according to Apartments.com. Amenities at Oxbow will include separate cardio and strength gyms, a spa with a sauna and treatment room, coworking space, content studio, makers space, lounge, fleet share services, guest suites, self-serve market and two rooftop venues. The design-build team includes Shook Kelley (architect), Swinerton (general contractor) and Timberlab (cross-laminated timber provider).
HARDEEVILLE, S.C. — Thorofare Capital has provided a $35 million loan for the refinancing and lease-up of Gateway Commerce Park, a two-building industrial park near the Port of Savannah. Built in 2025, Gateway Commerce Park spans nearly 450,000 square feet and is situated in Hardeeville, a city near the South Carolina-Georgia border. The park comprises a 330,480-square-foot cross-dock building and a 118,800-square-foot warehouse. Andrew Kim of Thorofare Capital originated the floating-rate, interest-only bridge loan on behalf of the borrower, an undisclosed real estate development firm.
DALLAS — April Housing, Blackstone Real Estate’s affordable housing division, has reopened Waterford at Goldmark Apartments, a 220-unit mixed-income housing community in North Dallas, following a $20 million renovation. Waterford at Goldmark is an age-restricted property that offers one-, two- and three-bedroom, townhome-style units. Income restrictions were not disclosed. Renovations included new fixtures, energy-efficient appliances and lighting throughout units’ bathrooms and kitchens; updates to amenity spaces such as the playground, pool and gym facilities; and the installation of new water heaters and rooftop solar panels. April Housing partnered with the Dallas Housing Finance Corp. on the project, which preserves the property’s affordability status for another 30 years.
HOUSTON — Superior Energy Services has signed a 56,256-square-foot office headquarters lease in West Houston. The oilfield services company is relocating from 1001 Louisiana in downtown Houston to the 13-story, 225,024-square-foot building at 8020 Katy Freeway. David Guion and Lucian Bukowski of Stream Realty Partners represented Superior in the lease negotiations. The name and representative of the landlord were not disclosed. A timeline for occupancy was also not announced.
HOUSTON — Marcus & Millichap has brokered the sale of The Workshops at Breen, a 50,000-square-foot industrial complex in northwest Houston. The shallow-bay property was constructed on a 3.8-acre site at 5801 Breen Drive in 2021 and comprises eight buildings that house a total of 28 suites with 40 grade-level doors and 18-foot clear heights. Grant Roosma, Adam Abushagur and Tyler Ranft of Marcus & Millichap represented the seller, Harbor Capital, in the transaction and procured the buyer, Harbor Hill.
MCKINNEY, TEXAS — Lee & Associates has negotiated a 28,212-square-foot industrial lease in the northern Dallas suburb of McKinney. The building at 320 Wilmeth Road is part of McKinney Trade Center, a 22.5-acre development that houses four buildings that range in size from 95,840 to 171,398 square feet. Brett Lewis and Taylor Stell of Lee & Associates represented the tenant, Blount Fine Foods, in the lease negotiations. Adam Graham and Ken Wesson, also with Lee & Associates, represented the landlord, ML Realty Partners.
NEW YORK CITY — JLL has arranged a $60.5 million acquisition loan for a portfolio of two multifamily buildings totaling 93 units in the Williamsburg area of Brooklyn. The buildings at 227 and 456 Grand St. were constructed between 2009 and 2014 and house a mix of market-rate, rent-stabilized and affordable housing units, as well as 22,700 square feet of retail space. Michael Zaremski and Clayton Ross of JLL arranged the loan through New York-based private equity firm Prospect Ridge Advisors on behalf of the owner, locally based developer Delshah Capital.
NEW YORK CITY — Locally based owner-operator Domain Cos. is nearing completion of Majestic, a 255-unit apartment building in Brooklyn’s Gowanus neighborhood. Designed by Handel Architects with interiors by GoodRich Design, Majestic will offer studio, one-, two- and three-bedroom units, 25 percent of which will be set aside as affordable housing. Amenities will include a landscaped roof terrace, an indoor–outdoor fitness center and a courtyard garden. Domain topped out the 10-story building over the summer, and the opening is set for next year.
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