Saturday, June 27, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

North-Henderson-Avenue-Dallas
DevelopmentMixed-UseTexas

Balfour Beatty Breaks Ground on $95.5M Mixed-Use Development in Dallas

by Taylor Williams

DALLAS — General contractor Balfour Beatty has broken ground on a $95.5 million mixed-use development that will be located in the Knox-Henderson area of Dallas. The site spans a quarter-mile stretch of North Henderson Avenue between Glencoe Street and McMillan Avenue that has been vacant for decades. The 161,000-square-foot development will have 10 buildings, and plans currently call for 12,000 square feet of restaurant space, 75,000 square feet of retail space, 74,000 square feet of office space and 500 subgrade parking spaces. A partnership between New York-based Acadia Realty Trust and Dallas-based Ignite-Rebees is leading the development, which will also deliver new street paving, decorative crosswalks, enriched landscaping and buried utility lines. Dallas-based GFF is the project architect. A groundbreaking ceremony took place earlier this month, and completion is slated for fall 2026.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyTexas

Marcus & Millichap Brokers Sale of 172-Unit Cantera Apartments in Carrollton, Texas

by Taylor Williams

CARROLLTON, TEXAS —Marcus & Millichap has brokered the sale of Cantera Apartment Homes, a 172-unit multifamily complex located in the northern Dallas metro of Carrollton. Built in 1969, the property consists of 12 buildings on a 6.2-acre site at 1910 S. Josey Lane. Units come in one- and two-bedroom floor plans. Amenities include a pool and onsite laundry facilities. Wesley Racht, Joey Murry, Nick Fluellen and Bard Hoover of Marcus & Millichap represented the seller, a partnership between Touro Co. and Catalyst Equity Partners, in the transaction. The team also procured the buyer, an entity doing business as Cantera CRG LLC. Fritz Waldvogel of Colliers Mortgage originated an undisclosed amount of Fannie Mae acquisition financing for the deal.

Continue Reading
FacebookTwitterLinkedinEmail
Build-to-RentDevelopmentSingle-Family RentalTexas

PCCP Underway on 109-Unit Build-to-Rent Project in Pearland, Texas

by Taylor Williams

PEARLAND, TEXAS — Los Angeles-based PCCP LLC is underway on construction of a 109-unit build-to-rent residential project in the southern Houston suburb of Pearland. Skymor at Pearland will consist of 58 four-bedroom homes with an average size of 1,938 square feet; 29 three-bedroom residences with lofts that will average 1,866 square feet; and 22 three-bedroom units with no lofts that will span 1,763 square feet on average. All homes will include two-car garages. Communal amenities will include a playground, dog park and nature trails. PCCP has partnered with Integrity Community Builders on the project, and the first homes are expected to be available for occupancy by February 2025. Barkley Development sold the 13-acre site on which the project will be developed after acquiring the acreage in 2023 and handling the entitlement process and establishing infrastructure.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityOfficeTexas

Cytracom Signs 30,000 SF Office Lease at District 121 in McKinney, Texas

by Taylor Williams

MCKINNEY, TEXAS — Cytracom has signed a 30,000-square-foot office lease in the northern Dallas suburb of McKinney. The provider of cloud-based communication and networking services will occupy the entire top floor of the building at 7300 State Highway 121 for its new headquarters. The building is part of District 121, a $250 million mixed-use development by Craig International. Kent Smith of NAI Robert Lynn represented Cytracom, which plans to move into its new space in January, in the lease negotiations.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityOfficeTexas

Bradford Negotiates 26,828 SF Lease at Industrial Flex Building in Plano

by Taylor Williams

PLANO, TEXAS — Bradford Commercial Real Estate Services has negotiated a seven-year, 26,828-square-foot lease at Plano Office Commons, an industrial flex property located northeast of Dallas. The tenant, Aither Systems LLC, a provider of renewable energy solutions, is relocating from nearby Allen to an endcap space at 605 Shiloh Road. Brian Pafford and Richmond Collinsworth of Bradford represented the landlord, an entity doing business as GH Plano Tech Center Inc., in the lease negotiations.

Continue Reading
FacebookTwitterLinkedinEmail
Hackensack-Meridian-Health-North-Bergen
DevelopmentHealthcareNew JerseyNortheast

Hackensack Meridian Breaks Ground on $50M Emergency Medical Facility in North Bergen, New Jersey

by Taylor Williams

NORTH BERGEN, N.J. — Regional provider Hackensack Meridian Health has broken ground on a $50 million emergency medical facility at its Palisades Medical Center campus in North Bergen. The new facility will add 17 treatment bays to the existing campus, bringing the total to 50 and doubling the aggregate footprint of the emergency department to 22,000 square feet. In addition, the facility will feature an enlarged trauma room that will accommodate three treatment bays and 15 new fast-track bays to enable medical staff to treat non-emergency patients more efficiently, as well as a dedicated area for pediatric patients and a secure area for behavioral health patients. Construction is underway and slated for a 2026 completion.

Continue Reading
FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentMassachusettsMultifamilyNortheast

MassDevelopment Provides $45M Bond Financing for Affordable Housing Redevelopment in Salem

by Taylor Williams

SALEM, MASS. — MassDevelopment has provided $45 million in tax-exempt bond financing for the redevelopment of Leefort Terrace, an affordable housing complex in Salem, located north of Boston. Leefort Terrace was originally built in 1958 and houses 50 one-bedroom units across eight buildings. The borrower, an affiliate of nonprofit owner-operator Beacon Communities, has entered into a 99-year ground lease with the Salem Housing Authority and demolished the existing buildings. The redeveloped property will feature 124 units in one-, two- and three-bedroom floor plans that will be reserved for renters earning between 30 and 60 percent of the area median income. Delivery is scheduled for summer 2026.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNew YorkNortheastRetail

Chase Properties Buys 180,000 SF Shopping Center in Ithaca, New York

by Taylor Williams

ITHACA, N.Y. — Ohio-based investment firm Chase Properties has purchased Creekside Plaza, a 180,000-square-foot shopping center located in the upstate New York community of Ithaca. The property was built in 2001 and was 95 percent leased at the time of sale to tenants such as Dick’s Sporting Goods, HomeGoods, Barnes & Noble and O’Reilly Auto Parts. The seller and sales price were not disclosed. Chase Properties acquired Creekside Plaza in conjunction with Waynesboro Town Center, a 170,810-square-foot shopping center in Virginia’s Shenandoah Valley region.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNew JerseyNortheastOffice

JLL Negotiates Sale of 154,777 SF Office Building in Hanover Township, New Jersey

by Taylor Williams

HANOVER TOWNSHIP, N.J. — JLL has negotiated the sale of a 154,777-square-foot office building in Hanover Township, located in the northwestern corner of the Garden State. The three-story building at 10 Park Ave. was constructed on 8.7 acres in 2001 and formerly housed the operations of MetLife Investment Management. Dan Loughlin, Jeremy Neuer, Jose Cruz, Charlie Dillon, Bob Ryan, Ryan Robertson and Pranav Patel of JLL represented the seller, Ravine Development Co., in the transaction. The buyer and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialLee & AssociatesNew JerseyNortheast

Lee & Associates Brokers $16.5M Sale of Northern New Jersey Warehouse

by Taylor Williams

GARFIELD, N.J. — Lee & Associates has brokered the $16.5 million sale of a 73,000-square-foot warehouse in the Northern New Jersey community of Garfield. According to LoopNet Inc., the facility at 325 Midland Ave. was originally built on 2.7 acres in 1972 and features a clear height of 21 feet. Troy Wisse, Michael Schaible, Justin Smith, Chris Vassilian and Grant La Bounty of Lee & Associates represented the buyer, Deko International, in the transaction. Kevin Dudley and Kate Granahan of CBRE represented the seller, Snowball Developments. 

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts