Property Type

Knightvest Capital Acquires 389-Unit Apartment Building in Uptown Dallas

by Taylor Williams April 27, 2026

DALLAS — Locally based investment firm Knightvest Capital has acquired Ardan West Village, a 389-unit apartment building in Uptown Dallas. Ardan West Village is a 23-story building that was constructed in 2018 and houses 284 one-bedroom units with an average size of 801 square feet and 105 two-bedroom apartments with an average size of 1,312 square feet. Residences are furnished with stainless steel appliances, quartz countertops, wood-style flooring, floor-to-ceiling windows and individual washers and dryers. Amenities include a pool, fitness center, coworking lounge, private conference room and a pet spa. Joey Tumminello, Drew Kile, Michael Ware, Taylor Hill and Cameron Purse of IPA represented the seller, Mill Creek Residential, which operated the property on behalf of institutional investors, in the transaction. The team also procured Knightvest as the buyer. Mark Brandenburg of JLL arranged an undisclosed amount of floating-rate acquisition financing for the deal through Blackstone Real Estate Debt Strategies.

April 27, 2026

Acquisitions Office Texas

Bradford Arranges Sale of 260,796 SF Office Building in Irving

by Taylor Williams April 27, 2026

IRVING, TEXAS — Bradford Commercial Real Estate Services has arranged the sale of MacArthur Ridge II, a 260,796-square-foot office building in Irving. MacArthur Ridge II is a six-story building that was constructed on a 7.5-acre site in 1999 by CalSTRS and subsequently sold to Hines. Amenities include a conference center, fitness facility and deli/lounge space. Richmond Collinsworth and Jared Laake of Bradford represented the seller, Grupo Haddad, which has owned the building since 2013, in the off-market transaction. The buyer, the City of Irving, plans to house its fire and police departments within MacArthur Ridge II.

April 27, 2026

Georgia Industrial Loans Southeast

JLL Arranges $35.7M in Financing for Seven-Building Industrial Complex in Atlanta

by Abby Cox April 27, 2026

ATLANTA — JLL Capital Markets has arranged $35.7 million in financing for a seven-building shallow-bay industrial complex totaling 397,959 square feet in northeast Atlanta. Melissa Rose, Bobby Norwood, Nicole Diaz and Preston Bacon of JLL secured the loan through Synovus Bank on behalf of the borrower, Miami-based COFE Properties. Dubbed the Atlanta Small Bay Portfolio, the buildings range in size from 45,000 to 77,000 square feet, with an average tenant suite size of 8,650 square feet. The complex was 83.6 percent leased at the time of financing to 35 tenants spanning wholesale and distribution, specialty trades, logistics, construction and home improvement industries. In addition, the buildings feature 18- to 22-foot clear heights and flexible rear configurations with dock-high and drive-in capabilities designed for multi-tenant occupancy. COFE Properties plans to implement a capital improvements program with renovations such as building enhancements, site work and tenant space upgrades.

April 27, 2026

Acquisitions Multifamily Southeast Virginia

Berkadia Negotiates $17.7M Sale of Ivy Gates Townhome Community in Petersburg, Virginia

by Abby Cox April 27, 2026

PETERSBURG, VA. — Berkadia has negotiated the $17.7 million sale of Ivy Gates, a 120-unit townhome community located in Petersburg, roughly 24 miles south of Richmond. Drew White, Carter Wood, Matt Straughan and Cole Carns of Berkadia represented the seller, Lakewood, N.J.-based Greencove Group, in the transaction. CCM, an investment company in Sterling, Va., acquired Ivy Gates. Herndon, Va.-based SYM Properties is managing the property. Built in 1973, Ivy Gates features two-and three-bedroom townhomes ranging in size from 1,369 to 1,677 square feet. Select townhomes feature finished basements with full bathrooms and wood-burning fireplaces. Community amenities include a swimming pool with a sundeck, community lawn, playground and pet-friendly outdoor areas. The property also benefits from proximity to major retail and entertainment destinations such as the 800,000-square-foot Southpark Mall in Colonial Heights and the 190-acre Old Towne Petersburg historic district.

April 27, 2026

Acquisitions Retail Texas

JLL Negotiates Sale of 105,869 SF Shopping Center in Southeast Houston

by Taylor Williams April 27, 2026

HOUSTON — JLL has negotiated the sale of Fairmont Preston Plaza, a 105,869-square-foot shopping center in southeast Houston. Built in 1974 and renovated in 2016, Fairmont Preston Plaza was 89 percent leased at the time of sale. Planet Fitness and Cosmic Air anchor the center via a 26,000-square-foot gym and a 24,000-square-foot trampoline park, respectively. Other tenants include Dollar Tree and 7Brew Coffee. Ryan West, John Indelli, Zamar Salas and Max Myers of JLL represented the seller, Mission Shore Management, in the deal. Matt Moake with HighStreet Net Lease Group represented the buyer.

April 27, 2026

Acquisitions Florida Retail Southeast

Marcus & Millichap Brokers $8.4M Sale of Retail Center in Metro Jacksonville

by Abby Cox April 27, 2026

MIDDLEBURG, FLA. — Marcus & Millichap has brokered the $8.4 million sale of a 17,400-square-foot retail center located in Middleburg, roughly 26 miles southwest of downtown Jacksonville. Situated at 1690 Jeremiah St. within the Clay Town Center mixed-use development, the retail property is fully leased to a mix of eight tenants including Mattress Warehouse, Firehouse Subs, Domino’s Pizza and Wingstop. The center was built in 2025 on approximately 3.2 acres. Zack House, Mark Ruble and Chris Lind of Marcus & Millichap represented the seller, a Delaware-based limited liability company, and procured the buyer, a New York-based limited liability company. Both parties requested anonymity. Ryan Nee was Marcus & Millichap’s broker of record in Florida.

April 27, 2026

Build-to-Rent Development Single-Family Rental South Carolina Southeast

Henderson Park, GRP Break Ground on 266-Unit Build-to-Rent Community in Hardeeville, South Carolina

by Abby Cox April 27, 2026

HARDEEVILLE, S.C. — Henderson Park, an international private equity real estate firm, and Green Room Partners (GRP), a Charleston-based real estate development and investment firm, has broken ground on The Bower, a 266-unit build-to-rent community located in Hardeeville, about 17 miles north of Savannah. Situated off US-278 in the state’s Lowcountry region, the community will include amenities such as a centrally located clubhouse with a library, coworking space, community kitchen, lounge and fitness center. Outdoor amenities will include a swimming pool, kitchen and bar, cabana, grilling stations, pickleball courts, a putting green, fire pit and dog park, as well as an interconnected walking trail system. The amenity space will be completed by July 2027, while the first residences at The Bower are expected to deliver in November 2027.

April 27, 2026

Leasing Activity Retail Texas

EōS Fitness to Open 51,000 SF Gym in The Colony, Texas

by Taylor Williams April 27, 2026

THE COLONY, TEXAS — EōS Fitness will open a 51,000-square-foot gym in The Colony, a northern suburb of Dallas. The locally based operator will backfill reconfigured spaces previously occupied by Big Lots and Texas Family Fitness at The Colony Marketplace shopping center. Segovia Partners represented EōS Fitness in the lease negotiations. The locally based landlord, Harkinson Dewan, was self-represented.

April 27, 2026

Development Industrial New Jersey Northeast

Barings Provides $86.2M in Financing for Industrial Property in Bayonne, New Jersey

by Taylor Williams April 27, 2026

BAYONNE, N.J. — Barings has provided $86.2 million in bridge financing for a 355,580-square-foot industrial property in the Northern New Jersey community of Bayonne. Bridge Point Bayonne was built in 2024 on a 17.6-acre site that is approximately 1.5 miles from the New Jersey Turnpike. Building features include a cross-dock configuration, clear height of 40 feet, 70 dock doors, four drive-in doors and parking for 213 cars and 56 trailers. Jon Mikula, Michael Klein, Michael Lachs and Kevin Badger of JLL arranged the floating-rate loan on behalf of the borrower, Kurv Industrial, the Chicago-based investment and development firm formerly known as Bridge Industrial.

April 27, 2026

Loans Multifamily Seniors Housing Utah Western

Lument Provides $26.8M Freddie Mac Loan for Seniors Housing Community in Utah

by Amy Works April 27, 2026

OGDEN, UTAH — Lument has provided a $26.8 million Freddie Mac loan for the refinancing of Treeo South Ogden, a senior living community located in Ogden, roughly 30 miles north of Salt Lake City. Leisure Care, which owns and operates the community, is the borrower. Opened in 2015, Treeo South Ogden features 143 independent living units. Tyler Armstrong, Chris Cain and Taylor Russ of Lument led the transaction. The loan, which features a 10-year term with five years of interest-only payments and a 30-year amortization period, is being used to refinance existing bank debt and provide cash-out proceeds for future development.

April 27, 2026

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