Wednesday, July 22, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

8300-Douglas-Dallas
DevelopmentMixed-UseTexas

JLL Arranges Construction Debt, Joint Venture Equity for Dallas Mixed-Use Project

by Taylor Williams

DALLAS — JLL has arranged undisclosed amounts of construction debt and joint venture equity for 8300 Douglas, a mixed-use project that will be located in the Preston Center submarket of Dallas. Designed by HKS Architects, 8300 Douglas will consist of a 12-story, 300,000-square-foot office building that will be the future regional headquarters of Fifth Third Bank; a 17-story, 147-unit apartment building; 24,000 square feet of retail and restaurant space; and a 35,000-square-foot rooftop park. RAMROCK Real Estate is leading development of 8300 Douglas in partnership with Lincoln Property Co. and Willow Bridge Property Co. Mark Gibson, Jim Curtin, John Rose, Clint Coe, Ryan Pollack and Campbell Swango of JLL structured both components of the capitalization.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialTexas

Urban Logistics Realty to Develop Two Industrial Projects Totaling 341,000 SF in North Houston

by Taylor Williams

HOUSTON — Urban Logistics Realty will develop two industrial projects totaling 341,000 square feet in North Houston. Urban NXS Fallbrook will be a 182,400-square-foot, cross-dock industrial building, and Urban NXS West will be a 158,600-square-foot, front-load building. Urban Logistics Realty is developing both projects in a joint venture with Principal Asset Management. First United Bank & Trust is financing construction, which is slated to begin before the end of the summer and to be complete in the second quarter of 2027.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

Realterm Buys 40-Acre Industrial Outdoor Storage Facility in Laredo, Texas

by Taylor Williams

LAREDO, TEXAS — Realterm, a global investment manager focused on transit-oriented properties, has purchased a 40-acre industrial outdoor storage (IOS) facility in the South Texas city of Laredo. The facility at 14610 Mines Road features 25.3 concrete-paved acres that house a 22,250-square-foot check-in station, a 6,800-square-foot office and a 3,000-square-foot wash bay. This portion of the facility was leased to transit firm Heartland Express at the time of sale. The seller and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentHealthcareTexas

Hoar Construction Breaks Ground on 32,000 SF Medical Office Building in East Austin

by Taylor Williams

AUSTIN, TEXAS — Alabama-based general contractor Hoar Construction has broken ground on Colony Park Health & Wellness Center, a 32,000-square-foot medical office building in East Austin. Designed by HKS Architects, the four-story building will house the utilities and mechanical equipment on the first floor, a pharmacy, lab and kitchen on the second floor, patient care rooms on the third floor and a dental office on the fourth floor. Central Health is the owner. Construction is slated for a summer 2027 completion.  

Continue Reading
FacebookTwitterLinkedinEmail
Providence-Place-Mall
AcquisitionsNortheastRetailRhode Island

Partnership Agrees to Acquire Providence Place Mall in Rhode Island for $133M

by Taylor Williams

PROVIDENCE, R.I. — A partnership between Syracuse-based Pyramid Management Group, Paolino Properties and DW Partners has agreed to acquire Providence Place Mall, a 1.4 million-square-foot lifestyle center, for $133 million. The 13.2-acre property has been in court-ordered receivership for multiple years following a loan default by the previous owner, Brookfield Properties. Tenants at Providence Place include Dave & Buster’s, Abercrombie & Fitch, American Eagle, Aldo, Apple, Bath & Body Works, Brooks Brothers, Champs Sports, Cyclebar, DSW, Five Below and Garage. The new ownership plans to completes an ongoing repositioning program at the property.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNew JerseyNortheastRetail

Marcus & Millichap Brokers $8.8M Sale of Retail Building in Edison, New Jersey

by Taylor Williams

EDISON, N.J. — Marcus & Millichap has brokered the $8.8 million sale of a 5,585-square-foot retail building in the Central New Jersey community of Edison. Convenience store operator Wawa occupies the single-tenant building at 1095 U.S. Route 1, which was built last year and includes a fuel station, on a triple-net basis. Alan Cafiero, Brent Hyldahl and Vincent Pennino of Marcus & Millichap represented the undisclosed seller in the transaction. The buyer was also not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMassachusettsNortheastRetail

JLL Negotiates $8.5M Sale of Grocery Building in Beverly, Massachusetts

by Taylor Williams

BEVERLY, MASS. — JLL has negotiated the $8.5 million sale of a 60,666-square-foot grocery building in Beverly, a northeastern suburb of  Boston, that is fully leased to regional operator Stop & Shop. The freestanding building sits on a 4.9-acre site that originally served as the site of the first Marshalls store in the United States (circa 1956). Alex Quinn, Zach Nitsche, Sam Wiesman and Joe Marinaro of JLL represented the seller and procured the buyer in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityMassachusettsNortheastOffice

Corbus Pharmaceuticals Signs 36,471 SF Office Lease Renewal in Norwood, Massachusetts

by Taylor Williams

NORWOOD, MASS. — Corbus Pharmaceuticals has signed a 36,471-square-foot office lease renewal in Norwood, a southern suburb of Boston. The space is located within the building at 500 River Ridge Drive, which according to LoopNet Inc. was constructed in 1988 (renovated in 2016) and totals 100,261 square feet. Curtis Cole, Sean Hannigan and Tim Allen of Colliers represented the tenant in the lease negotiations. Nat Kessler led a JLL team that represented the landlord.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLoansMarylandSoutheast

JLL Secures $621M Refinancing of Maryland Industrial Portfolio for Merritt Properties

by John Nelson

BALTIMORE — JLL has secured a $621 million loan for the refinancing of a 58-property, 6.3 million-square-foot industrial portfolio in Maryland owned by Merritt Properties, a Baltimore-based industrial developer and operator. Pete Pittroff, Anthony Fertitta, Travis Anderson, Evan Parker and Christopher Pratt of JLL arranged the seven-year balance sheet loan through M&T Bank on behalf of Merritt Properties. The portfolio comprises light industrial buildings in the Baltimore-Washington Corridor, northwest Baltimore, I-95 Corridor and Hagerstown.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentFloridaHospitalityMultifamilySoutheast

Partnership Breaks Ground on Apartment Tower, Marriott Hotel in Downtown West Palm Beach

by John Nelson

WEST PALM BEACH, FLA. — A partnership comprising LD&D, IGEQ and FrontRange Capital Partners has broken ground on a 21-story apartment tower and hotel in downtown West Palm Beach. The properties, the 181-unit Alida Residences and the 112-room Tribute Portfolio hotel by Marriott, will be developed simultaneously as separate residential and hospitality properties. The developers assembled the three parcels for the two buildings in 2019. The site is located directly adjacent to a Brightline station and near the future campus for Vanderbilt University. Alida Residences will offer a mix of studio, one-, two- and three-bedroom units ranging in size from 500 to 2,000 square feet, as well as a rooftop pool deck on the 21st floor. Both Alida Residences and the Tribute Portfolio hotel by Marriott are expected to open in 2028.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts