BROOKSHIRE, TEXAS — Partners Real Estate has arranged a 47,736-square-foot industrial lease in Brookshire, a western suburb of Houston. According to Crexi, the single-tenant building sits on 4.6 acres at 3012 Venergy Drive and includes 2,736 square feet of office space. Travis Land and Braedon Emde of Partners represented the landlord, an entity doing business as VEnergy Industrial Park I LLC, in the lease negotiations. Jon Farris of CBRE represented the tenant.
FORT WORTH, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 13,500-square-foot industrial lease in South Fort Worth. The tenant, United Interiors Inc., is taking space at Suffolk Business Park, a four-building, 116,000-square-foot development. Alex Bryant with Street Realty represented the tenant in the lease negotiations. Thomas Grafton and Trey Goodspeed with Holt Lunsford Commercial represented the landlord, Birtcher Anderson & Davis.
IRVING, TEXAS — Airport Lighting Systems Inc. has signed a 12,887-square-foot industrial lease near Dallas-Fort Worth International Airport in Irving. The company is relocating from nearby Southlake to Las Colinas Distribution Center 5, an 80,900-square-foot building that was originally constructed in 1981. Trey Goodspeed of Holt Lunsford Commercial represented the tenant in the lease negotiations. Brian Pafford of Bradford Commercial Real Estate Services represented the landlord.
ROCHELLE PARK, N.J. — JLL has arranged a $44 million loan for the refinancing of The Delford, a 160-unit apartment complex in the Northern New Jersey community of Rochelle Park. The Delford is a newly constructed property that offers one-, two- and three-bedroom units, 24 of which are subject to income restrictions. Amenities include an outdoor pool, grilling and dining areas, coworking lounge and a fitness center. Michael Klein, Jon Mikula and Ryan Carroll of JLL arranged the five-year, fixed-rate loan through Nuveen Real Estate on behalf of the borrower, Tulfra Real Estate.
POUGHKEEPSIE, N.Y. — CBRE has negotiated the $34 million sale of Hudson Heritage, a 120,499-square-foot shopping center in Poughkeepsie, located north of New York City. Grocer ShopRite anchors the center, which was 92 percent leased at the time of sale. Other tenants include CVS, Starbucks, Chipotle, AT&T, Jersey Mike’s, Burger King and PulseMD. Jeffrey Dunne, David Gavin and Travis Langer of CBRE represented the seller, an entity doing business as EFG/Saber Heritage SC LLC, in the transaction. The trio also procured the buyer, Tampa-based East Coast Acquisitions.
GALLOWAY, N.J. — Cushman & Wakefield has brokered the $13.7 million sale of Smithville Square, a 106,931-square-foot retail property in Galloway, located in Atlantic County. Anchored by Curexa Pharmacy, the property spans 26 acres and was 97 percent leased to 19 tenants at the time of sale. Frank DiTomasso, Andy Schwartz, Jordan Sobel, Max Helfman, Andre Balthazard and Dan Bottiglieri of Cushman & Wakefield represented the seller, P3 Properties, in the transaction. The buyer was Western Building Co.
NEW YORK CITY — Greystone has provided an $11.3 million Fannie Mae loan for the refinancing of The Duke, a 28-unit apartment building located at 521 W. 134th St. in Harlem. The midrise building features a virtual doorman and a rooftop terrace. Avi Kozlowski of Greystone originated the loan, which was structured with a fixed interest rate, 30-year amortization schedule and interest-only payments for the first two years of the five-year term. The borrower was Haussmann Development.
WARETOWN, N.J. — First National Realty Partners (FNRP) has acquired Waretown Town Center, an 87,735-square-foot shopping center in coastal New Jersey. The sales price was $14.2 million. A 60,800-square-foot ShopRite grocery store anchors the property. Other tenants at the center, which was 96 percent leased at the time of sale, include Meridian Health, Shore Smiles Dentistry, Saladworks and Great Clips. Colin Behr and Chris Munley, Ryan Sciullo, Casey Benson Smith, R.J. Mirabile and Michael Pascavis of CBRE represented the seller, Chancellor Development, in the transaction.
ST. PETERSBURG, FLA. — Basis Industrial has acquired Pinellas Business Center, a six-building, 206,275-square-foot industrial park in the Tampa Bay city of St. Petersburg. Dale Peterson, Joe Chick and Courtney Snell of CBRE Capital Markets represented the seller, Taurus Investment Holdings, in the transaction. The sales price was not disclosed. Originally built in 1985 and 1986, Pinellas Business Center underwent a $3 million façade renovation project in 2022 and 2023. The property was 93 percent leased at the time of sale to firms occupying spaces ranging from 2,000 square feet to just over 41,000 square feet.
COLONIAL HEIGHTS, VA. — Lingerfelt has inked a 233,359-square-foot industrial lease at Ruffin Mill Distribution Center, an industrial park in Colonial Heights, about 23 miles south of Richmond. The Memphis-based tenant, Vital Records Control, will occupy Buildings A and C, which are located at 1944 and 1998 Ruffin Mill Road, respectively. Matt Anderson and Harrison McVey of Range Commercial Partners represented Lingerfelt in the lease transaction, which brings Ruffin Mill Distribution Center to full occupancy.