Thursday, July 16, 2026
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114-Logistics-Park-Justin-Texas
IndustrialLeasing ActivityTexas

Packaging Company Signs 1 MSF Industrial Lease in Justin, Texas

by Taylor Williams

JUSTIN, TEXAS — An undisclosed packaging company has signed a 1 million-square-foot industrial lease in Justin, located north of Fort Worth. The space spans a full building within 114 Logistics Park and features 40-foot clear heights and “significant” car and trailer parking allotments. Nathan Lawrence and Krista Raymond of KBC Advisors, along with internal agent Aaron Martell, represented the landlord, Chicago-based Logistics Property Co., in the lease negotiations. CBRE represented the tenant.

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DevelopmentFloridaHealthcareSoutheast

Robins & Morton Tops Out $563M BayCare Hospital Manatee in Palmetto, Florida

by John Nelson

PALMETTO, FLA. — General contractor Robins & Metro has topped out BayCare Hospital Manatee, a $563 million hospital underway in Palmetto, a city in Southwest Florida’s Manatee County. Situated one mile from the junction of I-75 and I-275, the 450,000-square-foot hospital will offer 154 beds in private patient rooms. Gresham Smith designed the hospital as well as the adjacent BayCare HealthHub clinic on behalf of BayCare. The Florida-based healthcare system plans to open BayCare Hospital Manatee, its 17th hospital, in 2028. The BayCare HealthHub facility is expected to open later this year.

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AcquisitionsMultifamilySoutheastVirginia

Capital Square Sells 2000 West Creek Apartments in Richmond for $115M

by John Nelson

RICHMOND, VA. — Capital Square has sold 2000 West Creek, a 373-unit apartment community in Richmond, for $115 million. The locally based company purchased the property in 2019 in a Delaware statutory trust program (DST) for $103 million, giving the trust’s 115 exchange investors a 137 percent total return and more than $17.5 million in distributions during Capital Square’s seven-year hold period. Will Mathews, Thomas Leachman and William Dickinson of Colliers represented the undisclosed seller in the transaction. 2000 West Creek sits on 23 acres and offers one- and two-bedroom apartments and townhomes ranging in size from 774 to 1,246 square feet. Amenities include reserved and garage parking, rentable storage units, bike storage, a coffee bar, conference and meeting rooms, a community lounge and clubhouse, heated saltwater swimming pool, firepit, grilling stations, package and storage system, gift wrapping station, fitness center, dog park and pet spa, media lounge, billiards/game room and a convenience center.

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AcquisitionsLouisianaRetailSoutheast

Marcus & Millichap Arranges Sale of 33,744 SF Retail Center in Prairieville, Louisiana

by John Nelson

PRAIRIEVILLE, LA. — Marcus & Millichap has arranged the sale of Commerce Centre, a 33,744-square-foot retail center located at 17097 Airline Highway in Prairieville, about 18 miles southeast of Baton Rouge. Built in 2015 on four acres, the multi-tenant retail center features 14 suites that were 72 percent occupied at the time of sale. Cole Voyles, Gus Lagos and Alex Wolansky of Marcus & Millichap’s Houston office represented the seller, a local owner, in the transaction. Steve Greer, Marcus & Millichap’s broker of record in Louisiana, participated in the negotiations. The buyer was an unnamed, East Coast-based investor. The sales price was also not disclosed, but Commerce Centre traded at the full asking price, according to Marcus & Millichap.

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AcquisitionsIndustrialTexas

Partnership Sells 49,650 SF Industrial Complex in Carrollton, Texas

by Taylor Williams

CARROLLTON, TEXAS — A partnership between Birtcher Anderson & Davis Associates and Belay Investment Group has sold a 49,650-square-foot industrial complex in the northern Dallas metro of Carrollton. The two-building property at 1415-1425 Whitlock Lane was fully leased at the time of sale. Stream Realty Partners marketed the property for sale. The buyer and sales price were not disclosed.

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AcquisitionsFloridaIndustrialSoutheast

NAI Miami | Fort Lauderdale Brokers $6.6M Sale of Industrial Site in Medley, Florida

by John Nelson

MEDLEY, FLA. — NAI Miami | Fort Lauderdale has brokered the $6.6 million sale of a 2.6-acre industrial site located at 7501 N.W. 72nd Ave. in Medley, about 14 miles northwest of Miami. Locally based Tekton Construction Corp. purchased the site from the seller, an entity doing business as 7501 Medley Civil LLC. Larry Gautier and Michael Holmquist of NAI Miami | Fort Lauderdale represented the seller in the transaction. The site, which features an existing facility, fronts Milam Dairy Road (State Route 969) and provides convenient access to U.S. Highway 27. Future plans for the site were not released.

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Leasing ActivityRetailTexas

EōS Fitness to Open 40,000 SF Gym in The Woodlands, Texas

by Taylor Williams

THE WOODLANDS, TEXAS — EōS Fitness will open a 40,000-square-foot gym in The Woodlands, about 30 miles north of Houston. EōS will join Elite Pickleball Club and Slick City Action Park as anchor tenants at Dudley Sports Plaza, located at the corner of FM 1488 and Kuykendahl Road. NewQuest represented EōS in the lease negotiations. The landlord, Sports Developers, was self-represented. The opening is slated for next year.

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IndustrialLeasing ActivityTexas

LanCarte Commercial Negotiates 24,000 SF Industrial Lease in West Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Local brokerage firm LanCarte Commercial has negotiated a 24,000-square-foot industrial lease in West Fort Worth. The tenant was not disclosed. The space is located across two newly constructed buildings within Wilks Development’s 200-acre Markum Business Park. Sarah LanCarte and Finn Wilson of LanCarte Commercial represented the landlord in the lease negotiations.

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DoubleTree-Syracuse
AcquisitionsHospitalityLoansNew YorkNortheast

Marcus & Millichap Brokers Sale of 250-Room Hotel in East Syracuse

by Taylor Williams

EAST SYRACUSE, N.Y. — Marcus & Millichap has brokered the sale of a 250-room hotel in East Syracuse. Opened in 1977 and renovated in 2016, the DoubleTree Syracuse is located in the Carrier Circle area and comprises a central building that houses public spaces in addition to four-story and seven-story guestroom wings. Amenities include a tavern and bar, a business center, indoor pool, fitness center and approximately 17,000 square feet of meeting and event space. Andy Kern, Jerry Swon and David Altobello of Marcus & Millichap represented the seller and procured the buyer, both of which were private investors that requested anonymity, in the transaction. John Horowitz of Marcus & Millichap assisted in closing the deal as the broker of record.

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DevelopmentIndustrialMassachusettsNortheastOffice

INDUS to Open 75,000 SF Headquarters Facility in Middleborough, Massachusetts

by Taylor Williams

MIDDLEBOROUGH, MASS. — INDUS, a locally based roadway rehabilitation and pavement preservation contractor, will open a 75,000-square-foot headquarters facility in Middleborough, located south of Boston. INDUS purchased a parcel within The Campus at Canopy Drive, an approximately 700,000-square-foot development owned by VMD Cos., earlier this year for $11.6 million. Design work is underway on the facility, which will include 7 acres of outdoor storage space and will also function as a consolidated hub of field operations, bringing 20 permanent new jobs to Middleborough. CBRE is the leasing agent for The Campus at Canopy Drive.

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