Property Type

Northmarq Secures $13.7M Bridge Loan for Innerbelt Business Center in Metro St. Louis

by Kristin Harlow July 1, 2026

OVERLAND, MO. — Northmarq has secured $13.7 million in acquisition financing for Innerbelt Business Center, a 191,925-square-foot flex/showroom property in Overland near St. Louis. Lucas Goring and Andy Finn of Northmarq arranged the financing on behalf of Fountain Real Estate Capital through a regional bank. The five-year loan features three years of interest-only payments along with future funding. The property is close to stabilization, but Fountain will look to push rents to market as leases reach expiration, according to Northmarq.

July 1, 2026

Development Industrial Midwest Ohio

IRG, PREP Funds to Renovate 160,000 SF Industrial Property in Dayton, Ohio

by Kristin Harlow July 1, 2026

DAYTON, OHIO — Industrial Realty Group LLC (IRG) and PREP Funds have acquired 5870 Poe Ave. in Dayton with plans to reposition the 160,000-square-foot property as Dayton Commerce Center. The asset is comprised of a 155,000-square-foot main building with 40,000 square feet of office space, six docks, four drive-in doors and heavy crane infrastructure. The property also includes a standalone 5,000-square-foot building. Both structures offer clear heights of 18 feet. Construction upgrades are slated to begin immediately, and ownership is actively marketing the space for lease.

July 1, 2026

Illinois Industrial Leasing Activity Lee & Associates Midwest

Lee & Associates Negotiates Two Industrial Leases Totaling 131,417 SF in Chicago’s Western Suburbs

by Kristin Harlow July 1, 2026

HILLSIDE AND FOREST PARK, ILL. — Lee & Associates of Illinois has negotiated two industrial leases totaling 131,417 square feet in the western suburbs of Chicago. Sean Austin of Lee & Associates represented Nuvomed Inc., a company that develops and sells affordable health and wellness products, in its lease of 54,087 square feet at 200 Fencl Lane in Hillside. Tom Rodeno and Patrick Turner of Colliers represented the owner, Clear Height Properties. Austin also represented Recyclops Inc., a recycling and sustainability company that provides curbside recycling pickup, in its lease of 77,330 square feet at 7750 Industrial Drive in Forest Park. The same Colliers duo represented the landlord, ML Realty Partners.

July 1, 2026

Loans Midwest Multifamily Ohio

Bernard Financial Group Arranges $7M Loan for Refinancing of Ohio Multifamily Property

by Kristin Harlow July 1, 2026

KETTERING, OHIO — Bernard Financial Group has arranged a $7 million permanent loan for the refinancing of a 250-unit multifamily property in Kettering, an inner suburb of Dayton. Joshua Bernard arranged the loan through a life insurance company on behalf of the borrower, Fox Hunt Owner LLC.

July 1, 2026

Acquisitions California Mixed-Use Restaurant Retail Western

Redwood West, Panattoni Purchase 394,616 SF The Pike Lifestyle Center in Long Beach, California

by Amy Works July 1, 2026

LONG BEACH, CALIF. — Redwood West, in partnership with Panattoni, has purchased The Pike, a 394,616-square-foot waterfront retail, dining and entertainment lifestyle center in Long Beach. Terms of the purchase were not released. Located at 95 S. Pine Ave., The Pike features mixed-use commercial space that was 91 percent leased at the time of sale. Current tenants include Cinemark Theaters, Restoration Hardware, EōS Fitness, Nike Factory Store, H&M, Levi’s, P.F. Chang’s, Gladstones, California Pizza Kitchen and Starbucks Coffee. Redwood West and Panattoni plan to invest $20 million to deliver placemaking initiatives, community-focused events, strategic leasing, neighborhood-serving uses and experiential activations.

July 1, 2026

Acquisitions California Industrial Western

Lee & Associates Brokers $9.1M Sale of Three-Building Industrial Portfolio in Vista, California

by Amy Works July 1, 2026

VISTA, CALIF. — Lee & Associates has brokered the $9.1 million sale of a three-building industrial portfolio located at 2438, 2440 and 2446 Cades Way in Southern California. All three buildings were acquired by a single private investor. The 33,573-square-foot portfolio features a combination of stable single-tenant occupancy, modern offices, heavy power, secured loading and yard areas, grade-level loading doors and “highly functional” warehouse configurations designed to accommodate a broad range of manufacturing users. Rusty Williams, Chris Roth and Jack Rubendall of Lee & Associates – Williams Roth Group represented the buyer and undisclosed seller in the off-market transaction.

July 1, 2026

Acquisitions Healthcare Washington Western

Matthews Arranges Sale of Four-Property Medical Office Portfolio in Spokane, Washington

by Amy Works July 1, 2026

SPOKANE, WASH. — Matthews has arranged the sale of a four-property medical office portfolio located at 427 S. Bernard St., 9651 N. Nevada St., 31 E. Central Ave. and 208 W. 5th Ave. in Spokane. Michael Moreno, Rahul Chhajed and Tyler Swade of Matthews represented the seller, a group of physical owners, in the transaction. Terms of the deal were not released. The Spokane Eye Clinic Portfolio is composed of 72,000 square feet of medical office space that is fully occupied by a 28-physician practice with more than 70 years of operating history supporting over 146,000 annual patient visits and 13,000 surgical procedures. The clinic operates under PRISM Vision Group, a McKesson-backed national ophthalmology platform with more than 100 affiliated locations, under NNN lease structures with 2.5 percent annual rent escalators.

July 1, 2026

Acquisitions Office Western Wyoming

Coldwell Banker Commercial Negotiates $4.4M Sale of Office Property in Casper, Wyoming

by Amy Works July 1, 2026

CASPER, WYO. — Coldwell Banker Commercial has arranged the $4.4 million sale of 800 Werner Court, an office property in Central Wyoming. Situated on 4.7 acres, the three-story property features 99,500 square feet of office space. Tommy Russell, affiliated broker with Coldwell Banker Commercial represented the buyer and seller in the deal. Names of the seller and buyer were not released.

July 1, 2026

Acquisitions Industrial Texas

JLL Negotiates Sale of 1 MSF Industrial Park in Northwest Houston

by Taylor Williams July 1, 2026

HOUSTON — JLL has negotiated the sale of a six-building, 1 million-square-foot industrial park in northwest Houston. Northwest Spur Industrial Park spans 43.5 acres and houses shallow-bay buildings that were constructed in 1980. Building features include 18- to 24-foot clear heights, 216 dock doors, 24 ramps, 587 car parking spaces and recently updated roofing systems across all buildings. Trent Agnew, Charlie Strauss, Lance Young, Brooke Petzold and Dawson Hastings of JLL represented the undisclosed seller in the transaction. The buyer was High Street Logistics Properties. Northwest Spur Industrial Park was fully leased to 14 tenants at the time of sale.

July 1, 2026

Acquisitions Multifamily Texas

Newmark Arranges Sale of 586-Unit Multifamily Portfolio in Haltom City, Texas

by Taylor Williams July 1, 2026

HALTOM CITY, TEXAS — Newmark has arranged the sale of a portfolio of two multifamily properties totaling 586 units in Haltom City, a northern suburb of Fort Worth. Hidden Lakes and The Ranch at Fossil Creek total 312 and 274 units, respectively. Both properties offer one-, two- and three-bedroom floor plans and amenities such as pools, fitness centers, clubhouses, business and coworking spaces, sports courts and outdoor recreation areas. Richard Furr, Brian O’Boyle Jr. and Brian Murphy of Newmark represented the seller, Exponential Property Group, in the transaction. The buyer was Mox Living. Braden Harmon, Hank Glasgow and Jeff Fein, also with Newmark, arranged acquisition financing for the deal.

July 1, 2026

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