FORNEY, TEXAS — EVO Entertainment will open an 82,000-square-foot entertainment venue in Forney, about 20 miles east of Dallas. The venue will feature nine theaters, 22 bowling lanes, a full-service bar and restaurant, private event spaces, an upper-level lounge area, arcade games, rock climbing walls, a ropes course, bumper cars and laser tag. The space is located within the 120-acre Village at Gateway development. Construction is underway, and the opening is slated for the fall.
SHEPHERDSVILLE, KY. — JLL Capital Markets has arranged the $50 million sale of Bullitt II Logistics Center, a 437,000-square-foot industrial warehouse and distribution facility located at 251 Buffalo Run Road in Shepherdsville, a southern suburb of Louisville in Bullitt County. Ross Bratcher, Sean Devaney, Dennis Mitchell, Kurt Sarbaugh, Powell Spears and Matt Hartlage of JLL represented the seller, Atlanta-based Core5 Industrial Partners, in the transaction. Chicago-based LaSalle Investment Management was the buyer. Situated roughly 12 miles from the UPS Worldport, Bullitt II Logistics Center is fully leased to a subsidiary of Dorman Products, an American supplier and manufacturer of aftermarket automotive replacement parts. The cross-dock facility was delivered in 2022 and features 36-foot clear heights, fully circulating truck courts with up to 185-foot depths, 50 dock doors, 63 designated trailer parking spaces and more than 14,000 square feet of office space.
WESTLAKE, FLA. — Minto Communities USA has sold a 10.6-acre development site located in the master-planned community of Westlake in South Florida’s Palm Beach County. The buyer, Lowe’s Home Centers LLC, plans to build a 134,148-square-foot Lowe’s Home Improvement store that includes a 26,601-square-foot outdoor garden center. In addition to serving customers, the new location will serve as a regional headquarters for the North Carolina-based retailer. While further details of the sale were not disclosed, site plans have been approved by the City of Westlake. According to public records, Walmart has also submitted a site plan for a future location adjacent to the future Lowe’s. Minto Communities has sold approximately half of the 2.2 million square feet approved for commercial development in Westlake, including 20 acres traded to Publix Super Markets Inc. in 2021 for a 140,000-square-foot, two-phase retail development that is now nearly fully leased.
NEW YORK CITY — Queens Development Group, a joint venture between Related Cos. and New York-based Sterling Equities, has begun leasing the first phase of Willets Point Commons, a 2,500-unit affordable housing project in Queens. Phase I of Willets Point Commons comprises two mid-rise buildings housing a combined 880 units, 40 percent of which are reserved for residents earning 60 percent or less of the area median income. Another 15 percent of units are set aside for tenants that formerly experienced homelessness. Amenities include a landscaped inner courtyard, laundry facilities, lounge space with access to outdoor terraces, bicycle storage and ground-floor retail space. Related and Sterling partnered with the New York City Department of Housing Preservation & Development and the New York City Housing Development Corp. on the project. Construction began in December 2023.
BOCA RATON, FLA. — D-Wave Quantum Inc., a publicly traded dual-platform quantum computing company, will relocate its global headquarters and primary U.S. research-and-development facility to Boca Raton Innovation Campus (BRiC), a 1.7 million-square-foot office park in South Florida. Formerly located at 2650 E. Bayshore Road in Palo Alto, Calif., the technology company plans to move into its new 25,000-square-foot office space by the end of 2026. D-Wave Quantum’s move is further supported by a separate, $20 million commitment from Florida Atlantic University, which intends to purchase and install D-Wave’s Advantage2 quantum computer on its nearby campus. Since acquiring the property in 2018, CP Group has completed a $100 million redevelopment of BRiC, which includes the addition of two coffee shops and an autonomous grab-and-go store; an onsite wellness center run by Boca Raton Regional Hospital; a revitalized dining and banquet hall; flex indoor/outdoor event space available for rent; and a 1,100-space parking garage. CP Group secured more than 300,000 square feet in new leases at BRiC in late 2025 alone.
MONTGOMERY, ALA. — Graham & Co. has negotiated a full-building lease at Air-Port Commerce Center, a 1.4 million-square-foot industrial facility located at 2855 Selma Highway in Montgomery. The former Big Lots Distribution Center — which closed in mid-2025 after the retailer’s bankruptcy — sits on 100 acres and is adjacent to Coca-Cola Bottling Co. United and the Montgomery Intermodal Container Transfer Facility site. Ogden Deaton and John Coleman of Graham & Co., along with Allen Garstecki of JLL, represented the landlord, ARES Management, in the lease negotiations. The tenant was not disclosed.
SPARKS, NEV. — An affiliate of Equus Capital Partners has purchased Greg Center, a four-building industrial portfolio in Sparks, approximately four miles east of downtown Reno. The portfolio was acquired on behalf of a value-add fund sponsored by Equus. Terms of the transaction were not disclosed. Built between 1995 and 2000, the 514,900-square-foot portfolio includes two mid-bay buildings and two shallow-bay buildings with frontage on McCarren Boulevard and Greg Street. The buildings feature clear heights ranging from 20 to 28 feet and a mix of rear- and front-loading configurations. Suite sizes range from approximately 5,000 square feet to 73,000 square feet. Greg Center has averaged 95 percent occupancy over the past five years.
MISSION VIEJO, CALIF. — DJM Capital has completed the sale of Gateway Center, a retail property located in Mission Viejo’s master-planned community, to Asana Partners for $51 million. Located at 23972-24042 Alicia Parkway, Gateway Center features 79,108 square feet of retail space that is 97 percent occupied. Current tenants include Chase Bank, Starbucks Coffee, San Diego County Credit Union and Pacific Dental Services. Gleb Lvovich, Geoff Tranchina and Daniel Tyner of JLL Capital Markets represented the seller in the deal.
FREMONT, CALIF. — Berkadia has secured a joint venture equity partner on behalf of an institutional client for the development of Aurum, the final phase of a 966-unit multifamily project adjacent to the Warm Springs BART Station in Fremont. Brett Betzler and Kaohu Berg-Hee of Berkadia brokered the deal. Located at 3300 Innovation Way, Aurum will consist of a five-story, elevator-served building with 336 apartments and more than 600 structured garage parking spaces. Community amenities will include a fitness center, resort-style pool and approximately 4,900 square feet of ground-floor retail space. Completion is slated for 2027.
NEW YORK CITY — StorageMart has acquired a portfolio of 15 self-storage facilities totaling 25,498 units in New York City, where the Missouri-based owner-operator does business under the Manhattan Mini Storage brand. The portfolio, which also offers 121 parking spaces for vehicular storage, spans approximately 1.3 million net rentable square feet and includes facilities in Manhattan, Staten Island, Brooklyn and Queens. Eastdil Secured represented the undisclosed seller in the transaction and advised StorageMart in securing acquisition financing for the deal.