Wednesday, July 9, 2025
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Leasing ActivityNorth CarolinaOfficeSoutheast

KBS Signs Three Tenants to Leases Totaling 49,135 SF at Carillon Office Tower in Uptown Charlotte

by John Nelson

CHARLOTTE, N.C. — KBS has signed three tenants to leases totaling 49,135 square feet at Carillon, a 24-story office tower in Uptown Charlotte. The landlord has signed a 37,909-square-foot lease renewal with the U.S. General Services Administration (GSA), on behalf of the U.S. Attorney’s Office; an expansion with Lazard, a global financial services firm; and an 1,836-square-foot lease with Moffatt & Nichol Inc., a global infrastructure advisory firm that renewed its lease. Jennifer Kurz, Rhea Greene and Tim Arnold of Trinity Partners represented KBS in the lease transactions. Carillon shares a newly revamped courtyard with the Grand Bohemian Hotel next door. Common amenities include a conference center, onsite Bright Horizons childcare center, fitness center with showers, car wash and Morton’s Steakhouse.

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Landmark-at-Courtyard-Villas-Mesquite
AcquisitionsMultifamilyTexas

ShainRealty Capital Acquires 256-Unit Multifamily Property in Mesquite, Texas

by Taylor Williams

MESQUITE, TEXAS — Los Angeles-based investment firm ShainRealty Capital has acquired Landmark at Courtyard Villas, a 256-unit multifamily property located in the eastern Dallas suburb of Mesquite. The apartment complex was built in 1999 and has an average unit size of 905 square feet. Wes Racht, Nick Fluellen and Bard Hoover of Marcus & Millichap brokered the sale of the property. ShainRealty Capital plans to invest about $3 million in capital improvements and rebrand the property as Infinity at Sunnyvale. The seller was a private investor.

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AcquisitionsMultifamilyTexas

Knightvest Capital Sells 216-Unit Apartment Complex in Euless, Texas

by Taylor Williams

EULESS, TEXAS — Dallas-based Knightvest Capital has sold Reagan at Bear Creek, a 216-unit apartment complex located in the eastern Dallas suburb of Euless that was built in 1998. According to Apartments.com, Reagan at Bear Creek offers one-, two- and three-bedroom units and amenities such as a pool, fitness center and a resident clubhouse. Knightvest Capital originally acquired the property in September 2017 and implemented a value-add program. The buyer was not disclosed.

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AcquisitionsHospitalityTexas

CBRE Brokers Sale of 128-Room La Quinta Inn Hotel in Austin

by Taylor Williams

AUSTIN, TEXAS — CBRE has brokered the sale of the 128-room La Quinta Inn & Suites by Wyndham Austin Southwest hotel. The hotel offers an outdoor pool, fitness center, business center, meeting/event space and free shuttle service to Austin-Bergstrom International Airport. Michael Yu and Rahul Bijlani of CBRE represented the seller, Highgate, a hospitality investment and management firm with five offices across the country, in the transaction. Houston-based K&K Hotel Group purchased the asset for an undisclosed price and was self-represented.

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AcquisitionsOfficeTexas

Oldham Goodwin Arranges Sale of 90,000 SF Office Building in Bryan, Texas

by Taylor Williams

BRYAN, TEXAS — Texas-based brokerage firm Oldham Goodwin Group has arranged the sale of a 90,000-square-foot office building in the Central Texas city of Bryan. The buyer, Capital Farm Credit, will also occupy the building via a late 2024 relocation from its current headquarters facility in nearby College Station. Clint Oldham of Oldham Goodwin represented Capital Farm Credit in its purchase of the building from Arizona-based Levine Investments. Jody Slaughter of Oldham Goodwin also arranged an early lease termination with the existing tenant, California-based telecommunications firm Viasat Inc.

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IndustrialLeasing ActivityTexas

Belt Power Signs 14,031 SF Industrial Lease Renewal, Expansion in Grand Prairie, Texas

by Taylor Williams

GRAND PRAIRIE, TEXAS — Belt Power has signed a 14,031-square-foot industrial lease renewal and expansion in the central metroplex city of Grand Prairie. The Georgia-based supplier of industrial equipment is taking an additional 8,598 square feet at Woodlands Business Center, a three-building development. Michael Spain and Jason Finch of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as SL Project Texas LP, in the lease negotiations. Sam Skinner of ICON Commercial Interests represented Belt Power.

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Affordable HousingLoansMultifamilyNew YorkNortheastWalker & Dunlop

Walker & Dunlop Provides $35.6M Agency Loan for Refinancing of Brooklyn Affordable Housing Portfolio

by Taylor Williams

NEW YORK CITY — Walker & Dunlop has provided a $35.6 million Fannie Mae loan for the refinancing of a portfolio of eight affordable housing buildings totaling 251 units in Brooklyn’s Williamsburg neighborhood. Frank Cassidy and John Gilmore of Walker & Dunlop worked alongside New York City Housing Preservation & Development and the New York City Housing Authority to secure the financing, which was structured with a fixed interest rate, 35-year amortization schedule and five years of interest-only payments. The borrower, Grower Housing Development Fund Corp., will use $8 million of the proceeds to fund capital improvements and preserve the portfolio’s affordability status.

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14-Bedford-St.-Manhattan
AcquisitionsMultifamilyNew YorkNortheast

Rosewood Realty Arranges $13.5M Sale of Manhattan Multifamily Building

by Taylor Williams

NEW YORK CITY — Locally based brokerage firm Rosewood Realty Group has arranged the $13.5 million sale of a 21-unit multifamily building located at 14 Bedford St. in Manhattan’s West Village. The six-story building was originally constructed in 1900 and includes two ground-floor commercial spaces. Aaron Jungreis, Ben Khakshoor and Alex Fuchs of Rosewood Realty Group represented the seller, private investor Michael Laub, in the transaction. The trio also procured the buyer, Wharton Properties.

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Princeton-Point
Leasing ActivityNew JerseyNortheastOffice

State Street Bank Signs 63,000 SF Office Lease Renewal in Princeton

by Taylor Williams

PRINCETON, N.J. — State Street Bank has signed a 63,000-square-foot office lease renewal at Princeton Point, a two-building office complex located within the university’s 2,000-acre business and research campus. The property offers an onsite café/restaurant, conference center and a courtyard with outdoor private seating. Kevin Carton and Todd Elfand of Cushman & Wakefield represented the landlord, Nuveen Real Estate, in the lease negotiations. JLL represented the tenant.

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Leasing ActivityNew HampshireNortheastOffice

Colliers Negotiates 53,664 SF Office Lease Renewal in Newington, New Hampshire

by Taylor Williams

NEWINGTON, N.H. — Colliers has negotiated a 53,664-square-foot, seven-year office lease renewal in Newington, located near the Maine-New Hampshire border. The complex at 100 Arboretum Drive was built in 2004 and spans 127,000 square feet. David Choate and Abigail Bachman, of Colliers represented the tenant, federal benefits administrator FedPoint, in the lease negotiations. Steve Horan represented the landlord, Boston-based Farley White Interests, on an internal basis.

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