Property Type

BCRE Acquires 286-Unit Camden Cimarron Apartments in Irving

by Taylor Williams July 17, 2025

IRVING, TEXAS — Boston Capital Real Estate Partners (BCRE) has acquired Camden Cimarron, a 286-unit apartment complex in Irving. Built in 1992, the garden-style property features two- and three-story buildings on an 11-acre site. Units have an average size of 772 square feet and are equipped with individual washers and dryers and private balconies/patios. Amenities include a pool and a fitness center. Joey Tumminello, Michael Ware, Drew Kile, Taylor Hill and Shelby Clark of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller, Houston-based REIT Camden Property Trust, in the transaction. The team also procured BCRE as the buyer.

July 17, 2025

Acquisitions Retail Texas

HSM Negotiates Sale of 127,000 SF Shopping Center in Carrollton, Texas

by Taylor Williams July 17, 2025

CARROLLTON, TEXAS — Henry S. Miller Brokerage (HSM) has negotiated the sale of Mills Pointe Shopping Center, a 127,000-square-foot retail property located in the northern Dallas metro of Carrollton. Fitness Connection anchors the center, which according to LoopNet Inc. was built on 16.7 acres in 1985 and is also home to tenants such Mena’s Mexican Restaurant, Quinlan’s Sports Bar and Lin’s Asian Buffet. Darrell Hurmis of HSM represented the seller, HSM Mills Pointe Partners, in the transaction. The buyer and sales price were not disclosed.

July 17, 2025

Acquisitions Office Texas

Buchanan Capital Partners Buys 116,434 SF Office Park in West Austin

by Taylor Williams July 17, 2025

AUSTIN, TEXAS — Locally based investment firm Buchanan Capital Partners has purchased a 116,434-square-foot office park in West Austin. Formerly known as The Escalade Office Park and now known as Westbank Pointe, the property is located at the corner of Loop 360 and Westbank Drive, adjacent to Westlake High School. Buchanan plans to invest about $1 million in capital improvements to Westbank Pointe and has tapped Transwestern to lease the property. The seller was not disclosed.

July 17, 2025

Acquisitions Industrial Texas

Colliers Brokers Sale of 53,375 SF Industrial Building in Southeast Houston

by Taylor Williams July 17, 2025

HOUSTON — Colliers has brokered the sale of a 53,375-square-foot industrial building in southeast Houston. Constructed on 3.7 acres in 2001 and renovated in 2021, the property comprises a 38,375-square-foot office/warehouse and a 15,000-square-foot warehouse, as well as 65 surface parking spots. Tom Condon Jr., Greg Cizik and Edward Edson of Colliers represented the seller in the transaction. Zane Carman of Partners Real Estate represented the buyer. Both parties requested anonymity.

July 17, 2025

Industrial Leasing Activity Texas

Vasa Tech North America Signs 34,997 SF Industrial Lease in Northwest Houston

by Taylor Williams July 17, 2025

HOUSTON — Vasa Tech North America has signed a 34,997-square-foot industrial lease in northwest Houston. The provider of waterproofing, restoration and other related building services is taking space at the property at 8700 Clay Road, which according to LoopNet Inc. consists of four buildings totaling 286,985 square feet. Jack Rathe and Brandon Preece of Stream Realty Partners represented the landlord, Los Angeles-based Entrada Partners, in the lease negotiations. Jackie Chang of Forever Realty represented the tenant.

July 17, 2025

Industrial Loans New York Northeast

AllianceBernstein Provides $120M Loan for Refinancing of Long Island Industrial Park

by Taylor Williams July 17, 2025

WESTHAMPTON BEACH, N.Y. — Global investment management firm AllianceBernstein (NYSE: AB) has provided a $120 million loan for the refinancing of Hampton Business District, a 50-acre industrial park located in the Long Island community of Westhampton Beach. Developed in 2014 by a partnership between New York-based Rechler Equity Partners and Suffolk County, Hampton Business District comprises five buildings totaling 385,002 square feet that feature clear heights of 18 to 22 feet. At the time of sale, the property was 94 percent leased to 24 tenants, including Iron Mountain and United Refrigeration Solutions. Peter Rotchford, Andrew Scandalios, Tyler Peck and Doug Omstrom of JLL arranged the loan on behalf of Rechler Equity Partners.

July 17, 2025

California Loans Multifamily Walker & Dunlop Western

Walker & Dunlop Secures $91.4M Refinancing for Blue Rock Village Apartment Property in Vallejo, California

by Amy Works July 17, 2025

VALLEJO, CALIF. — Walker & Dunlop has arranged $91.4 million in loan proceeds for the refinancing of Blue Rock Village, a Class B apartment property located at 2000 Ascot Parkway in Vallejo. Bryan Frazier and Blake Hockenbury of Walker & Dunlop Multifamily Finance secured a 10-year, full-term interest-only loan at a fixed rate from Freddie Mac for the borrower, Prime Residential. Situated on 35.7 acres, Blue Rock Village features 41 buildings, including 38 garden-style residential buildings offering a total of 560 units, as well as a leasing office, fitness center and maintenance building. Additional amenities include a spa, swimming pools and dog parks.

July 17, 2025

Colorado Development Multifamily Western

Formativ Completes First Multifamily Community in Downtown Colorado Springs

by Amy Works July 17, 2025

COLORADO SPRINGS, COLO. — Formativ Real Estate Group has opened The Hunter, its first apartment property in Colorado Springs located at 225 E. Cimarron St. Project partners include Bryan Construction, Griffis/Blessing and Davis Partnership Architects. Located in the New South End neighborhood, The Hunter features 214 studio, one- and two-bedroom apartments, as well as eight townhomes. Community amenities include a year-round pool and deck, outdoor dining and grill stations, fire pits, poolside cabanas and a recreation area. The Hunter’s two-level clubhouse features an oversized kitchen, private dining room, sunset lounge and game room. Additional amenities include dedicated coworking spaces and technology-enhanced Zoom rooms and a fitness center with a movement studio for individual and mat-based workouts.

July 17, 2025

Affordable Housing Development Hawaii Multifamily Seniors Housing Western

EAH Housing Opens 140-Unit Aloha lā Halewilikō Affordable Seniors Housing Property in Hawaii

by Amy Works July 17, 2025

‘AIEA, HAWAII — EAH Housing has started leasing at Aloha lā Halewilikō, a $62 million affordable rental community for older adults in ‘Aiea. Located at the former site of the ‘Aiea Sugar Mill at 99-385 Pōhai Place, Aloha lā Halewilikō offers 83 studio apartments, 56 one-bedroom apartments and a manager’s unit. The rents are set at affordable rates for households earning 30 percent, 50 percent and 60 percent of the area median income. The community features a multipurpose room, walking paths, fitness facilities, community gardens and digital literacy programs. Lanakila Pacific, a local nonprofit partner, will provide onsite services, including Meals on Wheels and wellness programming to support aging in place.

July 17, 2025

Acquisitions California Industrial Self-Storage Western

SecureSpace Self Storage Buys 650-Unit Facility in Fremont, California

by Amy Works July 17, 2025

FREMONT, CALIF. — SecureSpace Self Storage has acquired a 58,713-square-foot self-starter facility, currently managed by Extra Space, in Fremont, from Braintree Group. Dean Trammell and Adam Schlosser of the LeClaire-Schlosser Group of Marcus & Millichap represented the seller and procured the buyer in the transaction. Tony Solomon of Marcus & Millichap served as the broker of record for the deal. Built in 1984 and expanded in 2002, the facility contains five two-story self-storage buildings and five single-story self-storage buildings offering a total of 650 units. The property includes electronic gated entry with a digital keypad, a spacious leasing office with retail and security monitor display, 24/7 video surveillance, concrete driveways and two lifts providing access to upper-level units.

July 17, 2025

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