Property Type

IPA Negotiates Sale of 201-Unit Apartment Complex Near Downtown Dallas

by Taylor Williams July 6, 2026

DALLAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Sylvan Thirty, a 201-unit apartment complex located just west of downtown Dallas. Built in 2015, Sylvan Thirty offers one-, two- and three-bedroom units and amenities such as a pool, rooftop terrace, game room, business center, fitness center and outdoor grilling and dining stations. Joey Tumminello, Taylor Hill, Michael Ware, Drew Kile and Shelby Vosburg of IPA represented the undisclosed seller in the transaction and procured the buyer, California-based Archway Equities. Brian Eisendrath, Cameron Chalfant, Harry Krieger and Jake Vitta, also with IPA, arranged an undisclosed amount of acquisition financing for the deal through BrightSpire Capital.

July 6, 2026

Development Office Texas

Partnership Underway on $12M Renovation of Dallas Office Campus

by Taylor Williams July 6, 2026

DALLAS — A partnership between Chicago-based Glenstar and New York City-based Affinius Capital is underway on the $12 million renovation of Energy Square, a five-building office campus located in the University Park area of Dallas. Designed by Gensler, the latest capital improvement program will involve the build-out of speculative suites and new conference rooms on the third floor of Energy Square Building II, as well as full-floor build-outs of tenant-ready spaces on multiple floors throughout that building. The partnership will also introduce a ground-level tenant lounge at Energy Square Building III that will be anchored by a café and bar concept. JLL is the leasing agent for the campus.

July 6, 2026

Retail Texas

DIG Arranges Recapitalization of 117,594 SF Shopping Center in Plano

by Taylor Williams July 6, 2026

PLANO, TEXAS — Local brokerage firm Disney Investment Group (DIG) has arranged the recapitalization of Custer Park, a 117,594-square-foot shopping center in Plano. Specific details on new debt and/or equity components within the center’s capital stack were not disclosed, but the owner, Dallas-based Kobalt Investment Co., is partnering with Fort Worth-based MCP Ventures to complete a full renovation of the center. Custer Park is currently home to 35 tenants, including Athletico, Subway, H&R Block and First Watch. David Disney and Adam Crockett led the transaction for DIG.

July 6, 2026

Leasing Activity Restaurant Retail Texas

Three Tenants Sign Leases at Shops at Starwood in Frisco

by Taylor Williams July 6, 2026

FRISCO, TEXAS — Three tenants have signed leases totaling 5,944 square feet at The Shops at Starwood, a 90,667-square-foot retail center located north of Dallas in Frisco. The tenants are Stackz Smashburgers & Cocktails (2,500 square feet), 33 Peaks Café (1,174 square feet) and Mr. Winston’s Barbershop (1,730 square feet). Houston-based Whitestone REIT owns The Shops at Starwood. All openings are slated for 2026.

July 6, 2026

Acquisitions Georgia Multifamily Southeast

Cushman & Wakefield Brokers $87M Sale of Apartment Community in Augusta

by John Nelson July 6, 2026

AUGUSTA, GA. — Cushman & Wakefield has brokered the $87 million sale of Mason Augusta, a 462-unit apartment community located at 101 Pine Forest Road in Augusta. Taylor Bird, Robert Stickel, Alex Brown, Nelson Abels and Laura Aylor of Cushman & Wakefield’s Sunbelt Multifamily Advisory Group represented the seller, Waypoint Residential, in the transaction. The buyer was Southwood Realty Co. Mason Augusta was developed in two phases in 2022 and 2024 and was 95 percent occupied at the time of sale. The property includes a mix of one-, two- and three-bedroom apartments ranging in size from 685 to 1,321 square feet, as well as a fitness center with yoga and spin studio, resort-style pools with sundecks and tanning ledges, clubhouse with e-lounge and coffee bar, game room, business center and a dining and lounge terrace with outdoor fireplace. Other amenities at Mason Augusta include an automated parcel system, dog park and indoor pet spa, garages and outdoor gathering spaces with grilling kitchens and fire pits.

July 6, 2026

Development Florida Office Southeast

Partnership to Develop 131,000 SF Office Building in Boca Raton, Florida

by John Nelson July 6, 2026

BOCA RATON, FLA. — A partnership between Butters Construction & Development Inc., PEBB Enterprises and Konsker Development plans to develop One Midtown, a 131,000-square-foot office building in Boca Raton’s Midtown submarket. The property will comprise 120,000 square feet of Class A office space and 11,000 square feet of ground-level retail space. The developers say that One Midtown is approximately 35 percent preleased. Christina Jolley, Kevin Carrasco, Tere Blanca and Danet Linares of Blanca Commercial Real Estate are the office leasing representatives, and Zach Feldman of PEBB is overseeing retail leasing on behalf of ownership. The construction timeline for the project was not released.

July 6, 2026

Development Georgia Southeast Student Housing

CCI Begins Leasing 740 Techwood Student Housing Development Near Georgia Tech

by John Nelson July 6, 2026

ATLANTA — CCI Real Estate has begun leasing 740 Techwood, a 95-bed student housing development located near the Georgia Tech campus in Atlanta. CCI is developing the property in partnership with the Georgia Baptist Mission Board that will replace an existing Baptist Collegiate Ministries (BCM) building located at 740 Techwood Drive. CCI obtained $18 million in construction financing last year for the project. The 64,000-square-foot development will rise five stories and offer 55 fully furnished units in studio, one- and two-bedroom configurations. Shared amenities will include an onsite coffee shop, study lounges, study areas and an outdoor private courtyard with a fire pit. The development team for the project includes general contractor True North Cos. Completion is expected ahead of Georgia Tech’s 2027-2028 academic year.

July 6, 2026

Loans Maine Multifamily Northeast

JLL Provides $13.5M Agency Refinancing of Apartment Complex in Scarborough, Maine

by Taylor Williams July 6, 2026

SCARBOROUGH, MAINE — JLL has provided a $13.5 million Fannie Mae loan for the refinancing of Carrier Woods, an 84-unit apartment complex in Scarborough, located just south of Portland. Built in 2018, Carrier Woods comprises seven buildings that house 80 market-rate units and four affordable units in one- and two-bedroom floor plans. Amenities include garden plots and a dog park. Henry Schaffer, Mike Shepard, Madeline Joyce and Hunter Cuthbertson of JLL originated the seven-year, fixed-rate loan on behalf of the borrower, Chestnut Realty Management.

July 6, 2026

Acquisitions Massachusetts Northeast Retail

Atlantic Capital Partners Arranges Sale of 80,000 SF Retail Building in Danvers, Massachusetts

by Taylor Williams July 6, 2026

DANVERS, MASS. — Local brokerage firm Atlantic Capital Partners (ACP) has arranged the sale of an 80,000-square-foot retail building in Danvers, located about 20 miles northeast of Boston. The building sits on a 3.9-acre site along State Route 128 and was fully leased at the time of sale to Dick’s Sporting Goods. Eric Suffoletto, Joey Tagliente and Danny Griffin of ACP represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

July 6, 2026

Acquisitions Multifamily New York Northeast

Marcus & Millichap Brokers $3.8M Sale of Brooklyn Apartment Building

by Taylor Williams July 6, 2026

NEW YORK CITY — Marcus & Millichap has brokered the $3.8 million sale of a 21-unit apartment building in the Crown Heights neighborhood Brooklyn. Constructed in 1900, the five-story building at 665 St. Marks Ave. offers one- and two-bedroom units, 13 of which are subject to rent restrictions. Matt Fotis of Marcus & Millichap represented the seller, a private investor, in the transaction and procured the buyer, an international partnership. Both parties requested anonymity.

July 6, 2026

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