Thursday, June 4, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

AcquisitionsKentuckyRetailSoutheast

Newmark Brokers Sale of 332,309 SF Shopping Center in Newport, Kentucky

by John Nelson

NEWPORT, KY. — Newmark has brokered the sale of Newport Pavilion, a 332,309-square-foot shopping center in Newport, a Kentucky city situated across the Ohio River from downtown Cincinnati. Newport Pavilion is co-anchored by Kroger and Target and was fully leased at the time of sale to tenants including Dick’s Sporting Goods, T.J. Maxx, Michael’s, Ulta Beauty, Chipotle Mexican Grill and PetSmart. The property sits on 55 acres and benefits from a long-term PILOT agreement through 2037. Conor Lalor, Kyle Minter, Keely Polczynski, James Sharp V and Brian Schneiderman of Newmark represented the seller, The Ranier Cos., in the transaction. The buyer and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
GeorgiaIndustrialLeasing ActivitySoutheast

JLL Arranges 691,667 SF Industrial Lease in Adairsville, Georgia

by John Nelson

ADAIRSVILLE, GA. — JLL has arranged a 691,667-square-foot, full-building lease at International Commerce Center, an industrial facility located northwest of Atlanta in Adairsville. The tenant is Pactra USA Inc., a third-party logistics firm and the U.S. subsidiary of South Korean company Pactra. Ben Pridemore and Ryan Hoyt of JLL represented the tenant in the lease negotiations. Matt Wirth and Scott Plomgren of BroadPoint Partners represented the landlord, Houston-based Welcome Group. International Commerce Center features 40-foot clear heights, 124 dock-high doors, four drive-in doors, 190-foot truck courts, 388 auto parking spaces and 254 trailer parking spaces. The property includes proximity to the I-75 corridor and the Appalachian Regional Port.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsLoansMultifamilySoutheastTennessee

Red Oak Capital Provides $7.7M Acquisition Loan for Multifamily Community in Memphis

by John Nelson

MEMPHIS, TENN. — Red Oak Capital Holdings has provided a $7.7 million loan for the acquisition and repositioning of Valley Forge Apartments, a 229-unit multifamily community located at 176 Hillview Ave. in Memphis. Valley Forge features 26 garden-style buildings comprising 171 two-bedroom units, 57 three-bedroom apartments and one one-bedroom unit across 15 acres. The property was 95.6 percent occupied at the time of financing. The borrower, I Real Estate and Allstate Property Management, plans to carry out repairs, capital improvements and security upgrades on the property. Red Oak Capital’s Stratos Athanassiades, Thomas Gorski and James Myatt originated the loan on behalf of the borrower. The loan carries an initial 18-month term and a loan-to-stabilized value of 71.9 percent.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityTexas

Nestle USA Signs 524,252 SF Industrial Lease Renewal in North Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Nestle USA has signed a 524,252-square-foot industrial lease renewal in North Fort Worth. The U.S. affiliate of the Swiss foodmaker will continue its operations at its namesake distribution facility at 13600 Independence Parkway for an unspecified term. David Eseke with Cushman & Wakefield represented the tenant in the lease negotiations. Matt Carthey of Holt Lunsford Commercial represented the landlord, Clarion Partners.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyTexas

Marcus & Millichap Brokers Sale of 119-Unit Multifamily Portfolio in Kerrville, Texas

by Taylor Williams

KERRVILLE, TEXAS — Marcus & Millichap has brokered the sale of a portfolio of three multifamily properties totaling 119 units in Kerrville, about 65 miles west of San Antonio. The properties — Northridge Villas, Park Lane and Summit — were all built between 1974 and 1977 and offer one- and two-bedroom units. Ben Kalter, Drew Garza and Will Balthrope of Marcus & Millichap represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

LanCarte Commercial Arranges Sale of 47,000 SF Industrial Portfolio in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Locally based brokerage firm LanCarte Commercial has arranged the sale of a 47,000-square-foot industrial portfolio in Fort Worth. The portfolio comprises two buildings that are located at 4608 Fairlane Ave. and 4700 S. Edgewood Terrace. Finn Wilson and Sarah LanCarte of LanCarte Commercial represented both the undisclosed seller and the buyer, Faropoint, in the transaction. LanCarte has also been retained as the buildings’ leasing agent.

Continue Reading
FacebookTwitterLinkedinEmail
Life SciencesLoansMassachusettsNortheastOffice

Joint Venture Refinances 615,305 SF Office, Life Sciences Campus in Bedford, Massachusetts

by Taylor Williams

BEDFORD, MASS. — A joint venture between Anchor Line Partners and Alloy Properties has refinanced The Core at Crosby, a 615,305-square-foot office and life sciences campus in Bedford, a northwestern suburb of Boston. Berlin Hyp, the commercial real estate finance arm of LBBW, provided the debt for the nine-building campus, which is anchored by software provider AspenTech. Robert Griffin, David Douvadjian Sr., David Douvadjian Jr., Timothy O’Donnell, Edward Maher and Matthew Pullen of Newmark arranged the debt on behalf of the joint venture.

Continue Reading
FacebookTwitterLinkedinEmail
Eastpoint-at-Exit-8A-Monroe-Township-New-Jersey
AcquisitionsIndustrialNew JerseyNortheast

CBRE Brokers Sale of 450,330 SF Industrial building in Monroe Township, New Jersey

by Taylor Williams

MONROE TOWNSHIP, N.J. — CBRE has brokered the sale of Eastpoint at Exit 8A, a 450,330-square-foot industrial building in Monroe Township, located in Central New Jersey. Built in 2018, the facility features a cross-dock configuration, clear height of 36 feet and 11,000 square feet of office space. Brian Fiumara and Brad Ruppel of CBRE represented the seller, Morgan Stanley, in the transaction, and procured the buyer, Property Reserve Inc. The building was fully leased at the time of sale to Iron Mountain Information Management.

Continue Reading
FacebookTwitterLinkedinEmail
2121-Wheatsheaf-Lane-Philadelphia
IndustrialLoansNortheastPennsylvania

JLL Arranges $46M Loan for Refinancing of Northeast Philadelphia Industrial Facility

by Taylor Williams

PHILADELPHIA — JLL has arranged a $46 million loan for the refinancing of a 287,218-square-foot industrial facility in northeast Philadelphia. The facility sits on a 21.3-acre site at 2121 Wheatsheaf Lane and features a clear height of 40 feet, 36 dock doors, two drive-in doors and parking for 65 trailers and 258 cars. An undisclosed life insurance company provided the three-year, fixed-rate loan to the owner, Greek Real Estate Partners, which broke ground on the facility in late 2023.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNew JerseyNortheastOffice

Kislak Negotiates $10M Sale of Northern New Jersey Office Building

by Taylor Williams

PARSIPPANY, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated the $10 million sale of a 131,346-square-foot office building in the Northern New Jersey community of Parsippany. The building sits on an eight-acre site at 959 U.S. Route 46. Tom Scatuorchio and Matt Weilheimer of Kislak represented the buyer and seller, both of which requested anonymity, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts