Property Type

Machine Investment Group Buys 227-Unit Apartment Complex in Georgetown, Texas

by Taylor Williams February 13, 2026

GEORGETOWN, TEXAS — New York City-based Machine Investment Group has purchased Rise 120, a 227-unit apartment complex in the northern Austin suburb of Georgetown. Completed in early 2024, Rise 120 offers one-, two- and three-bedroom units and amenities such as a pool, fitness center, resident lounge, grilling area and a dog park. Machine Investment Group, which partnered with Alta Real Estate Partners on the acquisition, plans to add additional amenities, including a golf simulator, sauna and cold plunge. Walker & Dunlop represented the undisclosed seller in the transaction.

February 13, 2026

Leasing Activity Office Texas

GEICO Signs 198,000 SF Office Lease at Galatyn Commons in Richardson, Texas

by Taylor Williams February 13, 2026

RICHARDSON, TEXAS — GEICO has signed a 198,000-square-foot office lease at Galatyn Commons, located in the northeastern Dallas suburb of Richardson. The insurance provider, which last spring committed to occupying the entirety of Building B at the four-building, 800,000-square-foot campus, is now taking additional space in Building D. Mapletree, a global investment firm based in Singapore, owns Galatyn Commons. GEICO expects to hire another 1,000 people to staff its three Richardson buildings over the next two years.

February 13, 2026

Acquisitions Hospitality Texas

Marcus & Millichap Brokers Sale of 121-Room Hotel in Texarkana, Texas

by Taylor Williams February 13, 2026

TEXARKANA, TEXAS — Marcus & Millichap has brokered the sale of a 121-room hotel in Texarkana, located near the Texas-Arkansas border. Built on 2.3 acres in 2014 and renovated in 2023, the Residence Inn by Marriott Texarkana offers amenities such as an indoor pool, fitness center, business center and meeting/event space. Chris Gomes of Marcus & Millichap represented the undisclosed, Dallas-based seller in the transaction and procured the buyer, an affiliate of Daugherty Property Group.

February 13, 2026

Acquisitions Retail Texas

Weitzman Negotiates Sale of 11,316 SF Retail Strip Center in Northeast Fort Worth

by Taylor Williams February 13, 2026

FORT WORTH, TEXAS — Weitzman has negotiated the sale of an 11,316-square-foot retail strip center in northeast Fort Worth. The center was fully leased at the time of sale to three tenants: Boswell Dental Care, Keke’s Breakfast Café and Victory Nail Lounge. Guillermo Lopez of Weitzman, in conjunction with Matthew Rosenfeld with The Rosenfeld Co., represented the buyer in the transaction. Tim Axilrod and Suhi Kosuri of SHOP Cos. represented the seller. Both parties requested anonymity.

February 13, 2026

Acquisitions California Multifamily Western

TruAmerica Multifamily Purchases Two Apartment Communities in West Los Angeles

by Amy Works February 13, 2026

BRENTWOOD AND CULVER CITY, CALIF. — TruAmerica Multifamily has acquired two apartment communities in West Los Angeles — Luxe Villas in Brentwood and Haven Apartments in Culver City. Terms of the transactions were not disclosed. Originally built in 2006 and renovated in 2022, Luxe Villas features one one-bedroom unit, 53 two-bedroom units and six former two- and three-bedroom units currently operating as 18 co-living suites. Community amenities include a rooftop lounge, central courtyard with lounge seating, electric vehicle charging stations and gated parking. Haven Apartments, which was built in 2019, offers 97 studio, one-, two- and three-bedroom layouts and 13,183 square feet of fully leased ground-floor retail space. Onsite amenities include a pool, spa, meditation lounge, clubroom with fireplace, outdoor courtyards with grills and fire pits, a rooftop deck with private cabanas, a billiards lounge, dog run and secure gated access. Orangetheory Fitness, Red Diamond Yoga, Papaya Pet Care and Karak House Coffee occupy the retail space. Kevin Green, Joseph Grabiec and Gregory Harris of Institutional Property Advisors (IPA), a division of Marcus & Millichap, facilitated both sales, while IPA’s Brian Eisendrath and Jake Vitta advised TruAmerica on the debt for each property.

February 13, 2026

Acquisitions Colorado Office Western

Knightsbridge Capital, Westside Investment Partners Buy 112,198 SF Office Building in Englewood, Colorado

by Amy Works February 13, 2026

ENGLEWOOD, COLO. — Knightsbridge Capital and Westside Investment Partners have acquired 400 Inverness, a Class A office building in Englewood. Terms of the transaction were not released. JLL represented the undisclosed seller in the sale, while Colliers advised the seller on leasing. The buyers received acquisition financing through FirstBank, now part of PNC Bank. Located at 400 Inverness Parkway, 400 Inverness offers 112,198 square feet of office space that was originally built in 1997 and most recently renovated in 2025. At the time of acquisition, the property was 93 percent occupied. The ownership group plans to implement a value-enhancement program focused on building upgrades, as well as pursuing proactive leasing initiatives to strengthen the property’s long-term tenancy and cash flow profile.

February 13, 2026

Acquisitions Arizona Industrial Office Western

Meritex Co. Acquires North Mountain Corporate Center in Phoenix for $7.2M

by Amy Works February 13, 2026

PHOENIX — The Meritex Co. has purchased North Mountain Corporate Center, a two-story Class B office building at 10400 N. 25th Ave. in Phoenix, from Macfarlan Capital Partners for $7.2 million. The buyer plans to redevelop the 109,332-square-foot building, which was delivered vacant, into an institutional-quality industrial project. Situated on 7.6 acres, the infill site offers proximity to I-17 and in-place zoning for industrial use. Brian Ackerman, Todd Noel, Kyle Campbell and Matt Baniszewski of Colliers represented the seller. Keri Scott and Alex Kas-Marogi of Newmark will handle leasing for the redeveloped property.

February 13, 2026

Arizona Civic Development Western

Willmeng Construction Delivers 28,272 SF Mesa Gateway Library in Arizona

by Amy Works February 13, 2026

MESA, ARIZ. — Willmeng Construction, as general contractor, has completed Mesa Gateway Library, the first public library to be built in Mesa in 30 years. Located at 5036 S. Eastmark Parkway, the 28,272-square-foot library features a THINKspot makerspace, three video conferencing rooms, a digital art display wall and a dedicated sensory room for the Certified Autism Center, which uses trauma-informed design to select lighting and materials for neurodiverse populations. White Baux Studio designed the interior space. Designed by Richärd Kennedy Architects, the facility features an open market concept unified by a folded roof and a ceiling finished with wood planks.

February 13, 2026

3419-Ritner-Highway-Newville-Pennsylvania

Acquisitions Industrial Northeast Pennsylvania

PCCP Acquires Industrial Property Near Harrisburg for $141.6M

by Taylor Williams February 13, 2026

NEWVILLE, PA. — Los Angeles-based PCCP LLC has acquired a 1.2 million-square-foot industrial property in Newville, about 35 miles west of Harrisburg, for $141.6 million. Completed in 2020 on a 93-acre site at 3419 Ritner Highway, the building features a clear height of 236 feet, 120 dock-high doors (expandable to 241), 200-foot truck court depths and parking for 265 cars and 437 trailers. John Plower and Ryan Cottone of JLL represented the undisclosed seller in the transaction. JLL also arranged an $82 million acquisition loan through QuadReal Property Group on behalf of PCCP. The building was fully leased at the time of sale to Newell Brands, a Fortune 500 manufacturer and distributor of consumer and commercial products.

February 13, 2026

Affordable Housing Development Multifamily New York Northeast

Partnership to Undertake 254-Unit Affordable Housing Redevelopment in Buffalo

by Taylor Williams February 13, 2026

BUFFALO, N.Y. — A partnership between Chicago-based developer The Habitat Co., New York City-based investment and advisory firm Duvernay + Brooks and an affiliate of the Buffalo Municipal Housing Authority will undertake a 254-unit affordable housing redevelopment. Known as Marine Drive Apartments, the project represents Phase I of a larger, $600 million redevelopment of Buffalo’s historic waterfront district. The project will replace a seven-building, 616-unit complex that was built in the 1950s with 700 new units of affordable housing. Information on rent restrictions and floor plans was not disclosed. The redevelopment will also feature 5,000 square feet of retail and commercial space, a new community center, landscaped green spaces and a public plaza.

February 13, 2026

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