IRVING, TEXAS — Locally based owner-operator Rosewood Property Co. has begun leasing The Gilman, a 370-unit apartment community located within Irving’s Las Colinas district.. Situated on 6.9 acres, the development offers studio, one-, two- and three-bedroom floor plans that range in size from 615 to 1,460 square feet. Amenities include a pool, fitness center, indoor and outdoor clubrooms, a poker lounge, coworking space, a golf simulator, sky lounge and a dog park. Construction of The Gilman, which Rosewood developed in partnership with Barings, began in 2024 and is slated for full completion in early 2027. Rents start at $1,878 per month for a studio apartment.
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COPPERAS COVE, TEXAS — Illinois-based developer Cullinan Properties is underway on construction of a 256,000-square-foot Veterans Affairs (VA) clinic at 552 Robert Griffin III Blvd. in the Central Texas city of Copperas Cove. The new two-story clinic will offer a full range of services, including imaging, dental, endoscopy, primary care, social work, dermatology and cardiology. The facility will also have a dedicated clinic for women. Sitework commenced in September, and a groundbreaking ceremony took place on Oct. 8. Construction is expected to be complete in fall 2028, with the first patients expected to be seen in January 2029.
WEATHERFORD, TEXAS — The Boulder Group, a brokerage firm specializing in net-lease retail deals, has arranged the $4.4 million sale of a single-tenant building in Weatherford, a southern suburb of Dallas. Spec’s Wines, Spirits & Finer Foods occupies the building at 106 Cleburne Ave. and has approximately nine years of term left on its lease. Randy Blankstein, Jimmy Goodman and John Feeney of Boulder Group represented the Midwest-based seller in the transaction. The buyer was a private investor. Both parties requested anonymity.
MESQUITE, TEXAS — FragilePAK Enterprises has signed a 91,576-square-foot industrial lease in the eastern Dallas suburb of Mesquite. According to LoopNet Inc., the building at 540 S. Town East Blvd. was constructed in 2024, totals 193,800 square feet and features 36-foot clear heights. Jeff Pappas of Newmark represented the tenant in the lease negotiations. Josh Barnes and Blake Troiani of Holt Lunsford Commercial represented the landlord, Leon Capital Group.
COCONUT CREEK, FLA. — JLL Capital Markets has arranged the sale of Promenade at Coconut Creek, a 296,419-square-foot lifestyle center located at 4467 Lyons Road in Coconut Creek, a city in South Florida’s Broward County. Danny Finkle, Jorge Portela and Kim Flores of JLL represented the seller, AEW, in the transaction. The buyer, Investments Limited, acquired the property for an undisclosed price. Situated on nearly 23 acres, Promenade at Coconut Creek includes nearly 250,000 square feet of retail space and about 47,000 square feet of office space. Built in 2008, the property was 76.6 percent leased at the time of sale to more than 40 retail tenants such as Silverspot Cinema, DSW, Guitar Center, The Cheesecake Factory, Sephora, Cooper’s Hawk Winery & Restaurants, LoveSac and Warby Parker. Minto Communities anchors the office component of Promenade at Coconut Creek, which also features two structured parking garages and 1,457 parking spaces.
NEW YORK CITY — JLL has arranged a $118.9 million acquisition loan for 360 West 43rd Street, a 255-unit apartment building in Manhattan’s Hell’s Kitchen neighborhood. Developed in 2002, the 23-story building offers a rooftop deck and a fitness center in addition to 11,347 square feet of commercial space and an onsite parking garage. Christopher Peck and Nicco Lupo of JLL arranged the loan through Starwood Capital Group on behalf of the buyer, local investment firm Atlas Capital Group. Ivan Hakimian of HPNY brokered the sale of the property.
ENGLEWOOD CLIFFS, N.J. — New York City-based Andalex Group has recapitalized Sylvan Corporate Center, a four-building, 276,000-square-foot office and healthcare campus in the Northern New Jersey community of Englewood Cliffs. RXR, Waterfall Asset Management and New York Life Investment Management jointly funded the recapitalization, though details on specific changes within the debt and equity components of the property’s capital stack were not disclosed. In connection with the recapitalization, Englewood Health executed a 20-year lease expansion and extension that will double its footprint at the property to approximately 202,000 square feet.
HERNDON, VA. — Enverra Real Estate has acquired Caywood, a 260,000-square-foot office campus located at 13221 and 13241 Woodland Park Drive in Herndon, a Washington, D.C., suburb near Washington Dulles International Airport. The purchase price was $42 million, according to multiple media outlets. Drew Flood of Cushman & Wakefield represented the undisclosed seller, and Michael Zelin, also with Cushman & Wakefield, arranged acquisition financing on behalf of Enverra. Lincoln Property Co. will serve as property manager, and Tim Summers of Cushman & Wakefield will handle leasing. The campus, which was fully renovated by the previous ownership, was 95 percent leased at the time of sale to tenants such as Small Business Association, Vulcan Materials, Four Points Technology LLC, Occam Solutions and NIHA Technologies, among others. Recent improvements at the campus include renovated, hospitality-style lobbies, a 100-person conference center, fitness and wellness center, tenant lounge with coworking space and outdoor collaboration areas and landscaped terraces. Enverra plans to open a full-service café off the lower-level lobby and add coffee service across the campus; bring additional tenant services to the property; implement a tenant experience program; and provide a multimillion-dollar investment for back-of-house upgrades including replacements to the cooling tower, HVAC and building …
Marcus & Millichap Brokers Sale of Retail Property in Springhill, Tennessee Leased to Heartland Dental
by Abby Cox
SPRINGHILL, TENN. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a freestanding retail property in Springhill, a southern suburb of Nashville. Heartland Dental occupies the building, which was built in 2025, on a 12-year lease that features 10 percent rent increases in years six and 11, and at the start of each of the four five-year option periods. Don McMinn and Andrew Koriwchak of Taylor McMinn represented the seller, a preferred developer for Heartland Dental. The all-cash buyer purchased the property for an undisclosed price. “We continue to see strong buyer demand for well-located, new-construction net lease assets in Nashville’s growing suburbs,” says McMinn. “Buyer activity and offers have noticeably increased in recent months, particularly from 1031 exchange investors seeking quality real estate with long-term leases and attractive rental increases.”
NEW YORK CITY — Investment bank and financial services company Oppenheimer & Co. has signed an approximately 220,000-square-foot office headquarters lease in Lower Manhattan. The space spans six floors within 32 Old Slip, a 36-story building that features a newly renovated lobby, coffee bar and a 13,000-square-foot conference center. Gensler is designing the space, and Oppenheimer expects to take occupancy during the first quarter of 2028. JLL represented the firm in its site selection and lease negotiations. Local development and investment firm RXR owns 32 Old Slip.
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