Property Type

Joint Venture Breaks Ground on Retail Component of 101-Acre Mixed-Use Project in Kyle, Texas

by Taylor Williams October 28, 2026

KYLE, TEXAS — A joint venture between Houston-based developer NewQuest and Transwestern Investments has broken ground on the retail component of Kyle Park, a 101-acre mixed-use project located at the northeast corner of I-35 and Bebee Road in Central Texas. The retail component of Kyle Park will feature a 412,588-square-foot lifestyle center that is preleased to tenants such as Dick’s Sporting Goods, Burlington, HomeGoods, ULTA Beauty, TJ Maxx, Barnes & Noble, Boot Barn and EōS Fitness. The development is also planned to include hospitality and multifamily uses. An expected completion date for the retail component was not announced.

October 28, 2026

Northwest-Commerce-Park-Building-2-Fort-Worth

Acquisitions Industrial Texas

Alliance Industrial, BGO Acquire 266,152 SF Building in Fort Worth

by Taylor Williams October 28, 2026

FORT WORTH, TEXAS — A joint venture between Alliance Industrial Co. and institutional investment firm BGO has acquired Northwest Commerce Park Building 2, a 266,152-square-foot building in Fort Worth. The single-story building, which fronts State Highway 114, was constructed in 2020 and features a front-load configuration, 36-foot clear heights, 51 dock-high doors, two drive-in doors and parking for 135 cars and 46 trailers. The joint venture acquired the property in an off-market transaction. The seller and sales price were not disclosed.

October 28, 2026

Development Hospitality Mixed-Use Texas

Henley Capital Underway on Hotel Redevelopment Project Near Downtown Dallas

by Taylor Williams October 28, 2026

DALLAS — Locally based development and investment firm Henley Capital is underway on a hotel redevelopment project near downtown Dallas. Demolition of the former City Inn & Suites hotel at 223 S. Ewing Ave., which is located adjacent to Halperin Park and about four miles south of downtown, began in mid-August. Henley Capital plans to redevelop the site into a mixed-use property with multifamily and retail components, with the potential to incorporate other uses as well. Susser Bank is financing the project, an expected completion date of which was not announced.

October 28, 2026

Leasing Activity Retail Texas

Three Tenants Sign Retail Leases in The Woodlands, Texas

by Taylor Williams October 28, 2026

THE WOODLANDS, TEXAS — Three tenants — indoor children’s playground Happy Land, arts and crafts studio Make Art and golf-based entertainment concept Tee Box — have signed retail leases in The Woodlands, about 30 miles north of Houston. The square footages were not disclosed. The spaces are situated within Augusta Woods, a retail center located at 25903 Elmfield Drive. Axel Hevener and Rob Banzhaf of Newcor Commercial Real Estate represented the undisclosed landlord in the lease negotiations.

October 28, 2026

Acquisitions New York Northeast Office

Tishman Speyer Sells Manhattan Office Building for $132.5M

by Taylor Williams October 28, 2026

NEW YORK CITY — Tishman Speyer has sold 148 Lafayette Street, a 12-story office building in Manhattan’s SoHo neighborhood, for $132.5 million. The 153,000-square-foot building was constructed in 1913 and renovated in 2017. A the time of sale, the office space was fully leased to companies such as venture capital firm General Catalyst, cosmetics firm Charlotte Tilbury and AI code review platform Graphite. The building’s retail space is also fully leased to boxing gym Five Points Academy and clothing store 260 Sample. Adam Spies and Avery Silverstein of Newmark represented Tishman Speyer, which acquired the building in June 2025 for $105.5 million, in the transaction. The buyer was San Francisco-based Shorenstein Investment Advisers.

October 28, 2026

Development Multifamily New York Northeast

Partnership Completes 22-Story Apartment Building in Brooklyn

by Taylor Williams October 28, 2026

NEW YORK CITY — A partnership between Tavros Holdings and Charney Cos. has completed Nevins Landing South, a 22-story apartment building in Brooklyn. The building totals 320 units, 80 of which (25 percent) are reserved as affordable housing, and is part of the 2,200-unit Gowanus Wharf development. Amenities include a pool, spa, fitness center, terrace lounge, coworking suite, entertainment lounge and a golf simulator, and the building also houses 29,000 square feet of retail space. Fogarty Finger served as project architect. Affinius Capital and Kennedy Wilson provided construction financing for the project. Leasing began late this summer, at which point rents started at $3,250 per month for a studio apartment.

October 28, 2026

Loans Multifamily Northeast Pennsylvania

CBRE Arranges $85M in Financing for Apartment Community in Downingtown, Pennsylvania

by Taylor Williams October 28, 2026

DOWNINGTOWN, PA. — CBRE has arranged $85 million in financing for Mi-Place at Downingtown, a 318-unit apartment community located on the western outskirts of Philadelphia. The property features one-, two- and three-bedroom units and amenities such as a pool, clubhouse, fitness center, pickleball courts and a dog park. Matthew Klauer and Cassandra Russell of CBRE arranged the loan through Barings on behalf of the owner, Fernmoor Homes.

October 28, 2026

Acquisitions Industrial Massachusetts Northeast

Marcus & Millichap Brokers $5M Sale of Industrial Complex in Medford, Massachusetts

by Taylor Williams October 28, 2026

MEDFORD, MASS. — Marcus & Millichap has brokered the $5 million sale of a 19,278-square-foot industrial complex in Medford, a northern suburb of Boston. The property at 93 Mystic Ave. was built in the 1950s and comprises a 14,278-square-foot main building and a 5,000-square-foot auxiliary building. Mattias Edenkrans and Luigi Lessa of Marcus & Millichap represented the seller, a limited liability company, in the transaction, and procured the buyer, a private family. Both parties requested anonymity.

October 28, 2026

Loans Multifamily Nevada Western

Dwight Investment Management Provides $73M Bridge Loan for Reno Multifamily Community

by Amy Works October 28, 2026

RENO, NEV. — Dwight Investment Management, an affiliate of Dwight Capital, has closed a $73 million bridge refinancing for Ballpark Apartments in Reno. Brandon Baksh, Tommy Ng and Talisse Thompson of Dwight Investment Management originated the loan on behalf of the borrower, a joint venture between Bridge Investment and Pacific Development. Loan proceeds were used to refinance existing senior debt, fund an interest reserve, cover transaction costs and return equity to the borrower. The 486,000-square-foot Ballpark Apartments community spans a city block in downtown Reno. The five-story property features 368 apartments, a pool, spa, 24-hour fitness center and a rooftop lounge overlooking Greater Nevada Field, a minor league baseball venue.

October 28, 2026

Acquisitions Multifamily Southeast Virginia

Newmark Arranges $108M Sale of Multifamily Community in Metro Richmond

by John Nelson October 28, 2026

MIDLOTHIAN, VA. — Newmark has arranged the $108 million sale of Bainbridge Midlothian, a 310-unit, Class A apartment community located at 12400 Dutton Road in Midlothian, a suburb of Richmond in Chesterfield County. Frontier Group of Cos. acquired the property from a joint venture between The Bainbridge Cos. and BVT National Partners. Bainbridge Midlothian represents Frontier’s first multifamily acquisition in Virginia. Garrison Gore, Charles Wentworth and Victoria Pickett of Newmark represented the seller in the transaction. Frontier has retained Bainbridge Cos. to manage the property. Built in 2024 on 25.8 acres, Bainbridge Midlothian features a mix of studio, one-, two- and three-bedroom apartments averaging 1,017 square feet in size. Amenities include a resort-style saltwater swimming pool, 24-hour fitness center, clubhouse, coworking spaces, pickleball court, dog park and private wooded walking trails.

October 28, 2026

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