Tuesday, September 29, 2026
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One-Bethany-North-Allen-Texas
DevelopmentOfficeTexas

Partnership to Develop 225,000 SF Office Project in Allen, Texas

by Taylor Williams

ALLEN, TEXAS — A partnership between two local real estate companies, developer KDC and investment and operations group Pillar Commercial, will develop One Bethany North, a 225,000-square-foot office project that will be located in the northeastern Dallas suburb of Allen. The nine-story building will be situated within the Watters Creek mixed-use development and will include pickleball courts, putting greens and other outdoor gathering spaces, as well as a 3,500-square-foot restaurant. A tentative construction timeline was not disclosed.

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AcquisitionsMultifamilyTexas

37th Parallel Acquires 222-Unit Apartment Complex in Sachse, Texas

by Taylor Williams

SACHSE, TEXAS — Virginia-based investment firm 37th Parallel Properties has acquired Woodbridge Villas, a 222-unit apartment complex in Sachse, a northeastern suburb of Dallas. Built on 10.5 acres in 2002, Woodbridge Villas features one-, two- and three-bedroom units with an average size of 875 square feet across 11 residential buildings. Amenities include a pool, fitness center, clubhouse, business center, outdoor grilling and dining stations and a pet park. The seller and sales price were not disclosed.

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AcquisitionsRetailTexas

JLL Negotiates Sale of Shopping Center in Northwest Austin

by Taylor Williams

AUSTIN, TEXAS — JLL has negotiated the sale of Casis Village, a shopping center in northwest Austin’s Tarrytown neighborhood. The square footage was not disclosed, but the site spans 3.4 acres. Grocer Randalls anchors the center, which was 92 percent leased at the time of sale. Other tenants include Estilo Boutique, Starbucks, Tarrytown Pharmacy, Zed’s and Face Foundrie. Chris Gerard and Shea Petrick of JLL represented the seller, a joint venture between Ivy Cos. and 35 South Capital. The name of the buyer was not disclosed.

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Leasing ActivityOfficeTexas

Wells Fargo Signs 20,560 SF Office Lease Renewal in Southwest Austin

by Taylor Williams

AUSTIN, TEXAS — Wells Fargo has signed a 20,560-square-foot office lease renewal in southwest Austin. The space is located within Building I at Uplands Corporate Center. Jake Ragusa and Luke Gholston of JLL represented Wells Fargo in the lease negotiations. Matt Frizzell of Cushman & Wakefield represented the landlord, California-based Drawbridge Realty.

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Plaza-Greene-Fair-Lawn-New-Jersey
DevelopmentLoansMultifamilyNew JerseyNortheast

PCCP Provides $66.8M Construction Loan for Northern New Jersey Multifamily Project

by Taylor Williams

FAIR LAWN, N.J. — Los Angeles-based PCCP LLC has provided a $66.8 million senior construction loan for Plaza Greene, a 145-unit multifamily project that will be located in the Northern New Jersey community of Fair Lawn. Floor plans were not disclosed, but about 12 percent (18) of the residences will be reserved as affordable housing, and all residences will be subject to age restrictions. Amenities will include a fitness center, spa and a landscaped courtyard, and a 22,300-square-foot Sprouts Farmers Market will anchor the building’s ground-floor retail space. The borrower is a partnership between regional owner-operator Sterling Properties and New Jersey-based Danbro Properties.

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AcquisitionsIndustrialNew YorkNortheastSelf-Storage

JLL Negotiates Sale of 405-Unit Self-Storage Facility in Jefferson Valley, New York

by Taylor Williams

JEFFERSON VALLEY, N.Y. — JLL has negotiated the sale of a 405-unit self-storage facility in Jefferson Valley, about 50 miles north of New York City. Built on 3.6 acres in 2022, Jefferson Valley Self Storage is a conversion of a former big box retail store that features 55,311 net rentable square feet of space. CubeSmart operates the facility, which was 87 percent occupied at the time of sale. JLL represented the seller, Columbia Pacific Advisors, in the transaction. Horizon Storage Group purchased the facility for an undisclosed price. Andover Lending, a joint venture between Andover Properties and TPG Angelo Gordon, provided acquisition financing for the deal.

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DevelopmentIndustrialNortheastPennsylvania

Realterm to Develop Cargo Handling Facility at Harrisburg International Airport

by Taylor Williams

HARRISBURG, PA. — Realterm, a global investment manager focused on transit-oriented properties, will develop a cargo handling facility at Harrisburg International Airport that could ultimately have a footprint as big as 105,000 square feet. Developed in partnership with the Susquehanna Area Regional Airport Authority, the facility will feature 135-foot truck court depths, skylights, motion-sensor LED lighting, EV-ready infrastructure and an engineered slab capable of supporting specialized cargo needs. A tentative construction timeline was not disclosed.

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Leasing ActivityNew JerseyNortheastOffice

CoreWeave Signs 31,000 SF Office Lease Expansion in Livingston, New Jersey

by Taylor Williams

LIVINGSTON, N.J. — CoreWeave has signed a 31,000-square-foot office lease expansion at its headquarters facility in the Northern New Jersey community of Livingston. The cloud computing company now occupies 62,000 square feet at The Eisenhower, a 385,000-square-foot building. Jamie Ragucci, Kevin Murphy and Aaron Sommer of Newmark represented CoreWeave in the lease negotiations. Jon Meisel, Erin Wenzler and Dan Casey of CBRE, along with internal agent Eric Maurer, represented the landlord, Eastman Cos.

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AcquisitionsIndustrialSoutheastVirginia

Victoria Industrial Acquires Seven-Building Portfolio in Northern Virginia for $75M

by John Nelson

STERLING, HERNDON AND CHANTILLY, VA. — Victoria Industrial Properties, a real estate investment firm based in New Jersey, has acquired a seven-building industrial and flex portfolio in Northern Virginia’s Dulles Corridor for $75 million. Klein Enterprises sold the 308,656-square-foot portfolio to Victoria Industrial, which acquired the assets in partnership with Lincoln Equities Group. The portfolio represents the first acquisition for Victoria Industrial. Thomas Didio, Jason Lundy, Max Custer, Evan Parker, Craig Childs, Nazario Paragano and John Cumming of JLL arranged acquisition financing and helped facilitate an equity investment from InterVest Capital Partners. The portfolio, located in Sterling, Herndon and Chantilly, was 90 percent leased at the time of sale to tenants including Honeywell, Inova Health, Artis, Nightwing and Capital Electric.

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AcquisitionsIndustrialSoutheastVirginia

Rockpoint Purchases 1 MSF Industrial Campus in Chester, Virginia

by John Nelson

CHESTER, VA. — Boston-based Rockpoint, along with affiliate firm Rockpoint Industrial, has acquired Richmond Trade Center, a 1 million-square-foot industrial campus in Chester, a southern suburb of Richmond. The seller and sales price were not disclosed. Rockhill, an affiliate of Rockpoint, will manage the five-building property. Built in 2015, the 119-acre campus comprises four cross-dock warehouses and one light industrial building.

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