Property Type

Moinian Group Begins Leasing 38-Story Apartment Building in Lower Manhattan

by Taylor Williams April 3, 2026

NEW YORK CITY — Locally based owner-operator The Moinian Group has begun leasing ARIA 7 Platt, a 38-story apartment building located in the Financial District of Lower Manhattan. Designed by Hill West with interiors by Rockwell Group and built by AECOM Tishman, ARIA 7 Platt houses 250 units in studio, one-, two- and three-bedroom floor plans, well as penthouse residences. Indoor amenities include a fitness center, library, work pods, lounges, private dining spaces with outdoor terrace access, a gaming and virtual reality area and a communal kitchen. Outside, residents have access to a rooftop sundeck, garden lounge, movie lounge, dining areas and outdoor coworking space. Information on starting rents was not disclosed.

April 3, 2026

New York Northeast Office

JLL Arranges $62M Equity Investment for Manhattan Office Building

by Taylor Williams April 3, 2026

NEW YORK CITY — JLL has arranged a $62 million preferred equity investment for 51 Astor Place, a 386,000-square-foot office building in Manhattan’s NoHo neighborhood. Designed by architect Fumihiko Maki, the 12-story building was completed in 2013 and is leased to tenants such as Intuit, Perceptive Advisors and Tudor Investments. Kelly Gaines, Drew Isaacson, Christopher Pratt and Jennifer Zelko of JLL represented the sponsor, a joint venture between Edward J. Minskoff Equities Inc. and LaSalle Investment Management, in securing the investment from Meadow Partners.

April 3, 2026

Leasing Activity New York Northeast Office

Dandy Signs 37,400 SF Office Headquarters Lease in Lower Manhattan

by Taylor Williams April 3, 2026

NEW YORK CITY — Dandy has signed a 37,400-square-foot office headquarters lease in the Financial District of Lower Manhattan. The dental technology company initially leased 18,700 square feet on the 30th floor of the building at 22 Cortlandt St. in October 2025 and then doubled its footprint by leasing the entire 31st floor. Peter Johnson and Alexis Odgers of Avison Young represented Dandy in the lease negotiations. Barrett Stern of B Stern CRE represented the landlord, a partnership between entities doing business as Mayore Estates LLC and 80 Lafayette Associates LLC.

April 3, 2026

Leasing Activity New Jersey Northeast Retail

Ace Pickleball Opens 26,500 SF Athletic Facility in North Brunswick, New Jersey

by Taylor Williams April 3, 2026

NORTH BRUNSWICK, N.J. — Ace Pickleball Club has opened a 26,500-square-foot athletic facility in North Brunswick, about 40 miles southwest of Manhattan. The space is located within the 288,000-square-foot Brunswick Shopping Center, and the club will offer flexible, all-inclusive membership options for players, as well as host private events and corporate outings. Fred Younkin of Levin Management Corp. represented the undisclosed landlord in the lease negotiations. Marta Villa of CBRE represented Ace Pickleball.

April 3, 2026

Acquisitions Industrial Southeast Virginia

Cushman & Wakefield | Thalhimer Negotiates $20.2M Sale of Former Keurig Dr Pepper Industrial Facility in Windsor, Virginia

by Abby Cox April 3, 2026

WINDSOR, VA. — Cushman & Wakefield | Thalhimer has negotiated the sale of a former Keurig Dr Pepper (KDP) roasting plant located at 25400 Old Mill Road in Windsor, approximately 11 miles southeast of Suffolk. Schenley Investments purchased the 348,107-square-foot industrial/manufacturing building from KDP for $20.2 million. While the facility previously served as a processing and distribution facility for Keurig coffee pods, Schenley will now be investing capital to renovate and rebrand the property as the Virginia Trade Center. Geoff Poston and Brett Sain of Cushman & Wakefield | Thalhimer represented the buyer in the transaction. KDP, the beverage manufacturer that produces the Dr Pepper and Snapple brands and single-serve K-cups used in Keurig coffeemakers, announced the closure of the Windsor plant two years ago.

April 3, 2026

Acquisitions Industrial Kentucky Southeast

Phoenix Investors Acquires 334,772 SF Industrial Facility in West Paducah, Kentucky

by Abby Cox April 3, 2026

PADUCAH, KY. — An affiliate of Phoenix Investors has purchased a 334,772-square-foot industrial facility located at 7845 Carneal Road in West Paducah. The seller and sales price were not disclosed. Originally constructed in 1966, the facility sits on roughly 29 acres and includes 25-foot clear heights, seven dock doors, 13 drive-in doors and expansive yard and parking areas within a fully fenced property. The building can accommodate manufacturing, distribution and bulk logistics users and offers flexible warehouse space. The industrial facility is also located near the “Triple Rail” site, which is an 800-acre industrial park that features direct access to three major rail lines including Paducah & Louisville Railway (P&L), Canadian National (CN) and BNSF Railway. In addition to rail connectivity, West Paducah sits at the confluence of the Ohio, Tennessee, Cumberland, and Mississippi rivers, making it a major inland shipping gateway. Phoenix Investors plans to further modernize and reposition the property for modern industrial users with upgrades like LED lighting, new exterior paint, parking lot improvements, dock upgrades and white-boxing portions of the building, as well as additional site enhancements designed to improve operational efficiency.

April 3, 2026

Acquisitions Mississippi Retail Southeast

SRS Brokers $9.4M Sale of Single-Tenant Retail Property Leased to Academy Sports in Madison, Mississippi

by Abby Cox April 3, 2026

MADISON, MISS. — SRS Real Estate Partners has brokered the $9.4 million sale of a single-tenant retail property leased to Academy Sports + Outdoors located in Madison, about 15 miles north of Jackson. Michael Berk, Patrick Nutt and Chip Watson of SRS represented the Louisiana-based private seller. The buyer was a publicly traded REIT. Both parties requested anonymity. Built in 2017 on about 7 acres, Academy Sports occupies a 64,626-square-foot building on a corporate-guaranteed lease with eight years remaining. Nearby retailers include Lowe’s Home Improvement, Office Depot, Walmart Supercenter and The Home Depot, among others.

April 3, 2026

Loans Multifamily Southeast Virginia

Middleburg, HGI Secure Construction Financing for 299-Unit Multifamily Development in Richmond

by Abby Cox April 3, 2026

RICHMOND, VA. — A joint venture between Northern Virginia-based developer Middleburg and affiliates of Harbor Group International (HGI) has secured construction financing for Scottwood, a 299-unit multifamily development located at 4400 W. Broad St. in Richmond. Truist Bank provided an undisclosed amount of financing for the project. Construction is set to commence this month, with initial deliveries anticipated in late 2027. Situated just west of the city’s Scott’s Addition District near Topgolf Richmond, Scottwood will span two four-story buildings, one with 132 units and the other with 167, as reported by Richmond BizSense. Additionally, the project will feature curated courtyards throughout the property and activated amenity spaces along West Broad Street.

April 3, 2026

Acquisitions Office Utah Western

KBS Sells 210,938 SF Salt Lake Hardware Building in Downtown Salt Lake City

by Amy Works April 3, 2026

SALT LAKE CITY — KBS has completed the sale of the Salt Lake Hardware Building, a historic office building located at 155 N. 400 West in downtown Salt Lake City, to Dart Interests for an undisclosed price. The five-story Salt Lake Hardware Building was owned by KBS Real Estate Investment Trust III, part of KBS’ portfolio of funds and separate accounts. Originally constructed in 1909 as a hardware retail property, the 210,938-square-foot building was converted into a Class A creative office property. The site also includes 2.4 acres of land zoned for mixed-use, providing future development potential for approximately 340 or more residential units.During its ownership, KBS has invested more than $9 million in capital improvements, enhancing tenant and common areas, amenities and building systems to support long-term performance and positioning. Charley Will, Phil Brierley, Patrick Bodnar and Cole Macadaeg of CBRE represented KBS in the sale. Attorneys Bruce Fischer and Howard Chu of Greenberg Traurig LLP represented KBS in the disposition.

April 3, 2026

Arizona Industrial Loans Western

Gantry Secures $18M in Financing for Gateway Quads Industrial Property in Mesa, Arizona

by Amy Works April 3, 2026

MESA, ARIZ. — Gantry has secured an $18 million permanent loan as construction takeout financing following the development and lease-up of Gateway Quads, an industrial park in Mesa. Located at 8150 E. Germann Road, the four-building, multi-tenant asset features 122,720 leasable square feet. The 30,680-square-foot buildings are each divisible to 7,600 square feet with 24-foot clear heights, truck well and grade-level loading, 1,200 amps of 480V and secured by 180-foot truck courts. Tim Storey, Chad Metzger and Andrew Christopherson of Gantry represented the borrower, a private real estate investor. The 10-year, nonrecourse, fixed-rate loan was provided by one of Gantry’s correspondent insurance company lenders. The loan features partial-term interest-only payments transitioning to 30-year amortization. Gantry will service the loan for its correspondent.

April 3, 2026

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