Property Type

Joint Venture Breaks Ground on 300,000 SF Office, Retail Project in Uptown Dallas

by Taylor Williams April 20, 2026

DALLAS — A joint venture that includes BDT & MSD Partners, Trammell Crow Co. and The Retail Connection has broken ground on Knox & McKinney, a 300,000-square-foot office and retail project in Uptown Dallas. Situated two blocks west of the joint venture’s larger, 1 million-square-foot mixed-use development, the 12-story building will consist of 280,000 square feet of office space and 20,000 square feet of retail and restaurant space. Amenities will include a fitness center, tenant lounge and private bar, multiple terraces and conference/boardroom facilities. Law firm Jones Day has preleased 76,000 square feet of space at Knox & McKinney as the future anchor tenant. Pickard Chilton Architects and HKS Architects are designing Knox & McKinney, and DPR Construction is serving as the general contractor. Trey Morsbach, Jim Curtin, Rex Cruz and Obi Eboh of JLL arranged an undisclosed amount of construction financing for the project through Goldman Sachs Alternatives. Completion is slated for 2028.

April 20, 2026

Acquisitions Multifamily Texas

Newmark Brokers Sale of 300-Unit Aura Avant Apartments in Lewisville, Texas

by Taylor Williams April 20, 2026

LEWISVILLE, TEXAS — Newmark has brokered the sale of Aura Avant, a 300-unit apartment community located in the North Texas city of Lewisville. Completed in 2024, Aura Avant features one- and two-bedroom units and amenities such as a pool, fitness center, resident clubhouse, outdoor kitchen and lounge area, a business center, bocce ball court, rooftop terrace and a library. Brian O’Boyle Jr., Brian Murphy and Richard Furr of Newmark represented the seller, Trinsic Residential Group, in the transaction. The buyer was San Diego-based investment firm Cameron Brothers.

April 20, 2026

Acquisitions Industrial Texas

Bradford Negotiates Sale of 20,298 SF IOS Facility in Southeast Fort Worth

by Taylor Williams April 20, 2026

FORT WORTH, TEXAS — Bradford Commercial Real Estate Services has negotiated the sale of a 20,298-square-foot IOS (industrial outdoor storage) facility in southeast Fort Worth. The site at 5251-5255 Wilbarger St. spans 1.3 acres and houses two vacant buildings that were originally constructed in 1962. Luke Clardy and Cade Navarro of Bradford represented the Virginia-based seller in the transaction.

April 20, 2026

Leasing Activity Office Texas

Welcome Group Opens New Office Headquarters in Uptown Houston

by Taylor Williams April 20, 2026

HOUSTON — Local developer Welcome Group has opened a new, 18,445-square-foot office headquarters in Uptown Houston. The space, which is located on the 12th floor of the roughly 275,000-square-foot building at 515 Post Oak Blvd., represents an expansion for Welcome Group. Parker Duffie and Joel Douthit of CBRE represented the undisclosed landlord in the lease negotiations. Welcome Group was self-represented.

April 20, 2026

Loans Multifamily New Jersey Northeast

CBRE Provides $96M Agency Loan for Refinancing of Prospect Place Apartments in Hackensack

by Taylor Williams April 20, 2026

HACKENSACK, N.J. — CBRE has provided a $96 million Freddie Mac loan for the refinancing of Prospect Place, a 360-unit apartment complex in Hackensack. Prospect Place consists of two buildings: an 18-story tower with 157 units and a five-story midrise building with 203 apartments. Residences come in one- and two-bedroom floor plans. Amenities include an outdoor pool, fitness center, clubhouse, resident lounge, business center, courtyard and a billiards room. Judah Hammer, Jason Gaccione, Shawn Rosenthal, Jake Salkovitz and Lauren Weinstein of CBRE originated the financing on behalf of the owner, Khosla Capital.

April 20, 2026

Acquisitions Industrial New Jersey Northeast

Devli Real Estate Buys 37,000 SF Industrial Building in Leonia, New Jersey

by Taylor Williams April 20, 2026

LEONIA, N.J. — New Jersey-based investment firm Devli Real Estate has purchased a 37,000-square-foot industrial building in Leonia, located in Bergen County. The building at 100 Leyland Drive features a clear height of 24 feet, four dock-high loading positions and two drive-in doors. David Aboudi of Aboudi Realty brokered the deal. The seller and sales price were not disclosed.

April 20, 2026

Acquisitions Massachusetts Northeast Retail

Linear Retail Acquires 11,330 SF Retail Property in Needham, Massachusetts

by Taylor Williams April 20, 2026

NEEDHAM, MASS. — Local owner-operator Linear Retail Properties has acquired an 11,330-square-foot property in Needham, a southwestern suburb of Boston. Needham Center Shoppes is a single-story store block that was fully leased at the time of sale. Tenants include Needham Center Fine Wines, Citizen’s Bank, Gari’s Japanese Fusion Bistro, Bagel’s Best, Kumon and Beauty Muse. The seller was a local family. The sales price was $7 million.

April 20, 2026

Acquisitions Florida Mixed-Use Southeast

Concord Wilshire Acquires 43-Acre Mixed-Use Development Site in Royal Palm Beach, Florida for $60M

by Abby Cox April 20, 2026

ROYAL PALM BEACH, FLA. — Concord Wilshire Capital has acquired a 43-acre mixed-use development site in Royal Palm Beach for $60 million, with plans to move forward with a previously planned project, dubbed Main Street at Tuttle Royale. The site was originally approved for multifamily, retail, office and hospitality uses before the property owner filed for Chapter 11 reorganization, according to the South Florida Business Journal. Concord Wilshire Capital will rebrand and develop the property to serve as a central hub for residential living, retail activity and community engagement. Located at the intersection of State Route 7 and Southern Boulevard in Palm Beach County, the master-planned development will include 401 multifamily residences; approximately 426,764 square feet of retail space; a 125-room hotel; an 82,875-square-foot office building; an activated park plaza with public spaces, a sculpture garden and experiential amenities. Construction will begin soon following the permitting process. Concord Wilshire will announce additional details in the coming months, including the formal rebranding of the development and announcements of residential and retail development partners.

April 20, 2026

Acquisitions Georgia Industrial Southeast

Stonemont Purchases 216,400 SF Industrial Facility in Mableton, Georgia

by Abby Cox April 20, 2026

MABLETON, GA. — Stonemont, a private industrial real estate investment firm based in Atlanta, has acquired a 216,400-square-foot industrial service facility (ISF) located in Mableton, approximately 15 miles northwest of downtown Atlanta. Situated at 5350 Riverview Road, the facility spans 10 buildings across 24.5 acres and is fully leased to a mix of national and regional tenants. The property also features 18- to 23-foot clear heights, 19 dock doors and potential connectivity to the Norfolk-Southern rail spur. ISF is defined as a subset of industrial outdoor storage (IOS) and includes sites that feature functional service buildings, in addition to stabilized fences and lit outdoor space zoned for storage. Stonemont has closed on five ISF acquisitions totaling 41.9 acres and more than 518,600 square feet of existing and planned development across the country, including Atlanta, Houston, New Jersey and Philadelphia. Additionally, in February, the firm closed on two ISF projects in Denver and Las Vegas, totaling over 35,000 square feet on more than 15 acres.

April 20, 2026

Development New Hampshire Northeast Retail

Village Center Properties Completes 8,700 SF Retail Project in Windham, New Hampshire

by Taylor Williams April 20, 2026

WINDHAM, N.H. — New Hampshire-based Village Center Properties has completed an 8,700-square-foot retail project in Windham, located near the Massachusetts-New Hampshire border. Known as Village Center Place, the project comprises three spaces, two of which have been leased. The remaining, 3,250-square-foot restaurant space includes patio seating. Sperry Commercial Realty Associates is the property’s leasing agent.

April 20, 2026

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