Property Type

Provident Industrial Completes 161,408 SF Project in Arlington

by Taylor Williams May 22, 2026

ARLINGTON, TEXAS — Provident Industrial, a division of locally based firm Provident, has completed A20 Logistics Center, a 161,408-square-foot project in Arlington. The development features 32-foot clear heights, 34 dock doors, two oversized drive-in doors with ramps, 130-foot truck court depths and 2,100 square feet of speculative office space. Provident developed A20 Logistics Center in partnership with Humphreys Capital and Farmers Bank & Trust. LGE Design Build handled the architectural and construction aspects of the development. JLL is marketing the property for lease.

May 22, 2026

Leasing Activity Office Texas

Three Tenants Sign Office Leases Totaling 36,548 SF at Frisco Station

by Taylor Williams May 22, 2026

FRISCO, TEXAS — Three tenants have signed office leases totaling 36,548 square feet at Frisco Station, a 242-acre mixed-use development located north of Dallas. The tenants — architecture and engineering firm Parkhill (26,254 square feet), cement manufacturer Ash Grove (5,174 square feet) and financial advisory group Raymond James (5,120 square feet) — will all occupy space at Offices Three at Frisco Station. A partnership between Hillwood, VanTrust Real Estate and The Rudman Partnership owns Frisco Station.

May 22, 2026

Industrial Leasing Activity Texas

Finial Group Negotiates 14,100 SF Industrial Lease Renewal in Northwest Houston

by Taylor Williams May 22, 2026

HOUSTON — Local brokerage firm Finial Group has negotiated a 14,100-square-foot industrial lease renewal in northwest Houston. The tenant, Commando Pressure Control, which serves the energy industry, has been a tenant at the building at 11614 Canyon Trail Drive for more than 10 years. Tyler Holt and Christian Villarreal of Finial Group represented the undisclosed landlord in the lease negotiations.

May 22, 2026

Acquisitions Retail Texas

Newman Commercial Buys 7,100 SF Retail Strip Center in The Woodlands, Texas

by Taylor Williams May 22, 2026

THE WOODLANDS, TEXAS — Newman Commercial Real Estate has acquired Grogan’s Forest Center, a 7,100-square-foot retail strip center in The Woodlands, about 30 miles north of Houston. The center is home to tenants such as Komeya Sushi & Ramen, Great Clips, Prime Dental Care USA and Feng Cha. The deal traded off-market. The seller and sales price were not disclosed.

May 22, 2026

Loans New York Northeast Retail

Cronheim Arranges $75M in Financing for Retail Power Center in Middletown, New York

by Taylor Williams May 22, 2026

MIDDLETOWN, N.Y. — New Jersey-based financial intermediary Cronheim Mortgage has arranged $75 million in financing for Orange Plaza, an 811,272-square-foot retail power center in Middletown, about 70 miles northwest of New York City. Orange Plaza was 94 percent leased at the time of sale to tenants such as Walmart, Home Depot, Kohl’s, Burlington, Ross Dress for Less, Marshalls, Staples and Old Navy. Brandon Szwalbenest, Andrew Stewart and Dev Morris of Cronheim arranged the financing through an undisclosed life insurance company on behalf of the borrower, National Realty & Development. The seven-year loan features a 30-year amortization schedule.

May 22, 2026

Loans Multifamily New York Northeast

Dwight Capital Provides $54M HUD-Insured Loan for Refinancing of Queens Apartment Building

by Taylor Williams May 22, 2026

NEW YORK CITY — New York City-based Dwight Capital has provided a $54 million HUD-insured loan for the refinancing of The Amara, a 92-unit apartment building located in the Astoria neighborhood of Queens. Completed in 2024, the six-story building houses studio, one-, and two-bedroom units in addition to 13,790 square feet of ground-floor retail space that is leased to Spear Physical Therapy, restaurant The French Workshop, pizzeria Freddy’s Since 1961 and food hall Wonder Astoria. Keith Hoffman and Jack Tawil of Dwight originated the loan through HUD’s 223(f) program on behalf of the locally based borrower, Tsilo Group.

May 22, 2026

485-Arsenal-Street-Watertown-Massachusetts

Acquisitions Healthcare Massachusetts Northeast

Newmark Brokers $32.1M Sale of Metro Boston Healthcare Property

by Taylor Williams May 22, 2026

WATERTOWN, MASS. — Newmark has brokered the $32.1 million sale of a 52,847-square-foot healthcare property located at 485 Arsenal St. in the western Boston suburb of Watertown. The property consists of two interconnected, low-rise buildings that were fully leased at the time of sale to Atrius Health, a subsidiary of Optum and United Healthcare Services Inc. A partnership between Boylston Properties and institutional investors advised by J.P. Morgan Asset Management sold the asset to JLL Income Property Trust. Robert Griffin, Michael Greeley, Frank Nelson, Blake McLaughlin, Ben Appel, Jay Miele, John Nero and Justin Shepherd of Newmark brokered the deal.

May 22, 2026

Industrial Leasing Activity New York Northeast

Capstone Logistics Signs 37,000 SF Industrial Lease in Elmsford, New York

by Taylor Williams May 22, 2026

ELMSFORD, N.Y. — Capstone Logistics has signed a 37,000-square-foot industrial lease in Elmsford, located north of New York City in Westchester County. The space is located within the newly renovated building at 700 Executive Blvd. Michael Rao of New York Commercial Realty Group represented the tenant in the lease negotiations. Brendan Hickey internally represented the landlord, GHP Office Realty.

May 22, 2026

Florida Loans Multifamily Southeast

Madison Realty Capital Originates $91.8M Construction Loan for Multifamily Project in South Miami

by Abby Cox May 22, 2026

SOUTH MIAMI, FLA. — Madison Realty Capital has originated a $91.8 million construction loan for the development of Alta Sunset, a 314-unit apartment complex located in South Miami. Henry Bodek of Galaxy Capital arranged the financing on behalf of the borrower, Alta Developers. Situated adjacent to Larkin Community Hospital and Baptist Health South Florida, Alta Sunset will rise 10 stories and feature one- and two-bedroom apartments. Amenities at the property will include a health and wellness club, swimming pool and deck, fitness center, dedicated spa and recovery area, coworking spaces with private offices and a resident lounge, along with 5,444 square feet of ground-floor retail space.

May 22, 2026

Acquisitions Industrial Southeast Virginia

Lingerfelt Sells Logistics Park in Colonial Heights, Virginia for $78.2M

by Abby Cox May 22, 2026

COLONIAL HEIGHTS, VA. — Lingerfelt has sold Ashton Logistics Park, a 523,047-square-foot industrial facility located in Colonial Heights, a suburb of Richmond. Newmark represented Lingerfelt in the $78.2 million transaction. The buyer requested anonymity. Delivered by Lingerfelt in 2024, Ashton Logistics Park spans 52 acres and features two buildings situated at 1630 and 1660 Ashton Park Drive. The buildings were fully leased at the time of sale with an 8.5-year weighted average lease term (WALT) remaining. The first building is a 437,657-square-foot cross-dock facility that is leased to Article.com, a Vancouver-based direct-to-consumer furniture and home décor brand. The second building is an 85,750-square-foot rear-load facility that is leased to Shepherd Electric Co., a wholesale electric distributor and wholly owned subsidiary of Graybar. The project team included ARCO Design-Build (architect and general contractor) and Townes Site Engineering (civil engineer). Range Commercial Partners manages Ashton Logistics Park, while Colliers handles leasing at the property.

May 22, 2026

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