Property Type

X Capital Underway on 59,000 SF Mixed-Use Project in Melissa, Texas

by Taylor Williams September 23, 2026

MELISSA, TEXAS — Texas-based developer X Capital is underway on sitework for a 59,000-square-foot mixed-use project in Melissa, located about 40 miles north of Dallas in Collin County. The project represents Phase I of a 22-acre development known as Melissa Park Village and will consist of 36,000 square feet of retail space across two buildings, as well as a two-story building with 23,000 square feet for flexible office and/or retail use. Phased deliveries across all three buildings are targeted to begin in 2027. Weitzman is the leasing agent for Melissa Park Village.

September 23, 2026

Acquisitions Industrial Texas

Moody Rambin Arranges Sale of 33,000 SF Industrial Complex in Houston

by Taylor Williams September 23, 2026

HOUSTON — Locally based brokerage firm Moody Rambin has arranged the sale of Bennington Business Park, a 33,000-square-foot industrial complex located in the Independence Heights area of Houston. The complex spans 1.3 acres and includes traditional warehouse and small-bay industrial space. Stephen Ghedi and Lawton Anderson of Moody Rambin represented the seller, locally based investment firm Crescere Capital Management, in the transaction. The buyer was Rivergate Capital.

September 23, 2026

Leasing Activity Office Texas

PGIM Signs 16,479 SF Office Lease at 23Springs in Uptown Dallas

by Taylor Williams September 23, 2026

DALLAS — PGIM has signed a 16,479-square-foot office lease in Uptown Dallas. The New Jersey-based asset manager is taking space on the 11th floor of 23Springs, a newly constructed, 26-story building, Rachel Gorney and Scott Hage of JLL represented PGIM, which plans to take occupancy next spring, in the lease negotiations. Robert Jimenez, Burson Holman and Elizabeth Fortado internally represented the landlord, Granite Properties, which owns the building in partnership with Highwoods Properties.

September 23, 2026

Acquisitions Retail Texas

Marcus & Millichap Brokers Sale of 15,000 SF Gas Station, Convenience Store in Junction, Texas

by Taylor Williams September 23, 2026

JUNCTION, TEXAS — Marcus & Millichap has brokered the sale of Gordo’s Travel Center, a 15,000-square-foot gas station and convenience store in Junction, about 115 miles northwest of San Antonio. Built in 2025, the property offers seven multi-product fuel pumps, six diesel stations and showers and restrooms, as well as food and beverages from brands such as Charleys Cheesesteaks, Sbarro and Starbucks. Ameer Adel and Jacob Luna of Marcus & Millichap represented the seller and procured the buyer in the transaction.

September 23, 2026

Acquisitions New York Northeast Office

L&L Infinite Acquires 42-Story Office Building in Midtown Manhattan

by Taylor Williams September 23, 2026

NEW YORK CITY — L&L Infinite Real Estate Partners, a development and investment firm with offices in New York City and West Palm Beach, has acquired 600 Third Avenue, a 42-story office building in Midtown Manhattan. L&L acquired the 575,254-square-foot building, which was originally constructed in 1970, in a joint venture with Mack Real Estate Group, BLDG Management and BD Blakely. The building was 92 percent leased at the time of sale to tenants such as law firm Polsinelli, Energy Impact Partners and global investment manager 3G Capital. The building’s retail space is home to Dunkin’, Shake Shack, Just Salad, PureGym and Chipotle Mexican Grill. Adam Spies and Josh King of Newmark represented the undisclosed seller in the transaction. Bain Capital provided a $215 million acquisition loan for the deal.

September 23, 2026

Acquisitions California Mixed-Use Multifamily Restaurant Retail Western

Decron Properties Acquires Apartment Property in Los Angeles for $114M

by Amy Works September 23, 2026

LOS ANGELES — Locally based Decron Properties has acquired 5550 Wilshire, a 163-unit apartment community in the Miracle Mile area of Los Angeles. According to the Los Angeles Business Journal, the seller was private equity real estate investor GID, headquartered in Atlanta. The asset sold for $114 million. Blake Rogers of JLL arranged the transaction. Developed in 2010, 5550 Wilshire offers one-, two- and three-bedroom apartments and townhomes. Amenities include a resort-style pool, hot tub, rooftop lounges, movie theater and parking for 484 vehicles. The property also includes 14,686 square feet of ground-floor retail space that is fully leased to tenants that include Chipotle, Five Guys and FedEx Office. Decron owns and manages approximately 10,000 multifamily units and approximately 1 million square feet of retail assets across California, Washington and Arizona.

September 23, 2026

Acquisitions California Multifamily Western

TruAmerica Buys 200-Unit Bridges at San Ramon Multifamily Complex in San Francisco Bay Area

by Amy Works September 23, 2026

SAN RAMON, CALIF. — TruAmerica Multifamily has acquired Bridges at San Ramon, a 200-unit community in San Ramon. With this acquisition, the Los Angeles-based investment firm owns and operates 1,240 units in the San Francisco Bay area. The seller was not disclosed. Bridges at San Ramon offers 200 one- and two-bedroom units averaging 739 square feet. Amenities include a pool and spa, fitness center, resident lounge, courtyard and barbecue area, playground, pet spa, electric vehicle charging stations and garage parking. TruAmerica plans to renovate a majority of the units, installing quartz countertops, stainless steel appliances, wood-style flooring and upgraded fixtures and hardware. The renovation program will build on approximately $2.3 million in exterior and common-area improvements completed by prior ownership over the past five years.

September 23, 2026

Arizona Development Industrial Western

Seefried, WDP Break Ground on 269,100 SF Industrial Park in Chandler, Arizona

by Amy Works September 23, 2026

CHANDLER, ARIZ. — Seefried Industrial Properties, in partnership with WDP Partners, has broken ground on an industrial project at 1703 S. Arizona Ave. in Chandler. ARCO is serving as general contractor for the project, which is slated for completion in third-quarter 2027. Situated on 16.7 acres, the two-building project will feature 269,100 square feet of Class A industrial space. The project will include a 69,300-square-foot Building A and a 199,800-square-foot Building B. Both buildings will feature 32-foot clear heights and ESFR sprinkler systems, with a combined 65 dock-high doors, four grade-level doors, 204 parking spaces and 56 trailer spaces. Dan Calihan, Pat Feeney and Tyler Vowels of CBRE are handling leasing and marketing efforts for the development.

September 23, 2026

Acquisitions California Office Western

Cushman & Wakefield Arranges $33.7M Sale of Office Building in Ontario, California

by Amy Works September 23, 2026

ONTARIO, CALIF. — Cushman & Wakefield has brokered the sale of 901 Via Piemonte, a Class A office building in Ontario. MGR Real Estate purchased the asset from Greenlaw Partners LLC for $33.7 million. Built in 2008, 901 Via Piemonte is five-story, 122,602-square-foot building. Additionally, the building includes 1,000 onsite parking spaces, advanced security systems and energy-efficient infrastructure. Jeffrey Cole, Nico Napolitano, Kristen Schottmiller and Ted Terry of Cushman & Wakefield represented the seller, while Michael Rademaker and Tony Hermosillo of MGR Real Estate represented the buyer in the transaction.

September 23, 2026

Acquisitions Midwest Multifamily Wisconsin

CBRE Negotiates $60M Sale of Milwaukee Multifamily Portfolio

by Kristin Harlow September 23, 2026

MILWAUKEE — CBRE has arranged the sale of St. James Place and Arbor Ridge Apartments, a 374-unit multifamily portfolio in Milwaukee, for $60 million. CBRE’s Sean Beuche, Matson Holbrook and Gretchen Richards represented the seller, Weidner Apartment Homes. Jim Flinn of CBRE arranged financing on behalf of the undisclosed buyer. Both properties are located in the city’s Calumet Farms neighborhood. St. James Place consists of 236 units ranging from 675 to 1,060 square feet. Arbor Ridge features 138 units ranging from 788 to 1,125 square feet.

September 23, 2026

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