DALLAS — April Housing, Blackstone Real Estate’s affordable housing division, has reopened Waterford at Goldmark Apartments, a 220-unit mixed-income housing community in North Dallas, following a $20 million renovation. Waterford at Goldmark is an age-restricted property that offers one-, two- and three-bedroom, townhome-style units. Income restrictions were not disclosed. Renovations included new fixtures, energy-efficient appliances and lighting throughout units’ bathrooms and kitchens; updates to amenity spaces such as the playground, pool and gym facilities; and the installation of new water heaters and rooftop solar panels. April Housing partnered with the Dallas Housing Finance Corp. and general contractor FTK Construction Services on the project, which preserves the property’s affordability status for another 30 years.
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HOUSTON — Superior Energy Services has signed a 56,256-square-foot office headquarters lease in West Houston. The oilfield services company is relocating from 1001 Louisiana in downtown Houston to the 13-story, 225,024-square-foot building at 8020 Katy Freeway. David Guion and Lucian Bukowski of Stream Realty Partners represented Superior in the lease negotiations. Eric Anderson and John Heard of Transwestern represented the landlord. A timeline for occupancy was also not announced.
HOUSTON — Marcus & Millichap has brokered the sale of The Workshops at Breen, a 50,000-square-foot industrial complex in northwest Houston. The shallow-bay property was constructed on a 3.8-acre site at 5801 Breen Drive in 2021 and comprises eight buildings that house a total of 28 suites with 40 grade-level doors and 18-foot clear heights. Grant Roosma, Adam Abushagur and Tyler Ranft of Marcus & Millichap represented the seller, Harbor Capital, in the transaction and procured the buyer, Harbor Hill.
MCKINNEY, TEXAS — Lee & Associates has negotiated a 28,212-square-foot industrial lease in the northern Dallas suburb of McKinney. The building at 320 Wilmeth Road is part of McKinney Trade Center, a 22.5-acre development that houses four buildings that range in size from 95,840 to 171,398 square feet. Brett Lewis and Taylor Stell of Lee & Associates represented the tenant, Blount Fine Foods, in the lease negotiations. Adam Graham and Ken Wesson, also with Lee & Associates, represented the landlord, ML Realty Partners.
NEW YORK CITY — JLL has arranged a $60.5 million acquisition loan for a portfolio of two multifamily buildings totaling 93 units in the Williamsburg area of Brooklyn. The buildings at 227 and 456 Grand St. were constructed between 2009 and 2014 and house a mix of market-rate, rent-stabilized and affordable housing units, as well as 22,700 square feet of retail space. Michael Zaremski and Clayton Ross of JLL arranged the loan through New York-based private equity firm Prospect Ridge Advisors on behalf of the owner, locally based developer Delshah Capital.
NEW YORK CITY — Locally based owner-operator Domain Cos. is nearing completion of Majestic, a 255-unit apartment building in Brooklyn’s Gowanus neighborhood. Designed by Handel Architects with interiors by GoodRich Design, Majestic will offer studio, one-, two- and three-bedroom units, 25 percent of which will be set aside as affordable housing. Amenities will include a landscaped roof terrace, an indoor–outdoor fitness center and a courtyard garden. Domain topped out the 10-story building over the summer, and the opening is set for next year.
WAYNE, N.J. — Florida-based owner-operator Basis Industrial has received a $24 million construction loan for a self-storage project in the Northern New Jersey community of Wayne. ExtraSpace Storage will operate the facility at 555 Hamburg Turnpike, which will span 85,330 net rentable square feet across 586 climate-controlled units. Construction is underway and expected to be complete in early 2028. NexBank and NexPoint provided the loan.
NEW YORK CITY — Fenwick & West has signed an 18,200-square-foot office lease expansion in Manhattan’s Flatiron District. The expanded space covers the entire 13th floor at 902 Broadway, and the law firm now occupies 72,800 square feet across four floors at the building, which was originally constructed in 1911. David Kleinhandler and Ken Rapp of CBRE represented Fenwick & West in the lease negotiations. The landlord, Koeppel Rosen, was self-represented.
SHAFTER, CALIF. — The Wonderful Co., through its Wonderful Real Estate business, has completed the disposition of 5104 Express Avenue in Shafter to a global technology and e-commerce company for an undisclosed price. Phil Lombardo, Andrew Starnes and Cruise Adams of Cushman & Wakefield represented the seller, while Colin MacMillan of KBC Advisors represented the buyer in the transaction. Situated within Wonderful Logistics Center, the facility features 1.1 million square feet of Class A industrial space and marks the buyer’s third location at the 2,000-acre, master-planned logistics and distribution campus. Developed on a speculative basis, the asset feature a clear height of 40 feet, 216 dock-high doors, two grade-level doors, 455 automobile parking spaces and 939 trailer stalls.
VALENCIA, CALIF. — Strauss Investments has acquired Commons at Valencia, a two-building office campus in Valencia, from Harbor Associates for $32 million, or approximately $204 per square foot. Sean Sullivan of CBRE led the brokerage team, and Andy Bratt of Gantry arranged financing for the acquisition. Situated on 9 acres at 25124 and 25152 Springfield Court, Commons at Valencia features 157,000 square feet of Class A office space. Wells Fargo, New York Life Insurance Co., Edward Jones, Lennar, Amines, HASA and FivePoint are tenants at the campus, which was built in 2005.