Property Type

Netflix-House-Galleria-Dallas

DALLAS — Netflix will open an entertainment venue within an anchor space at Galleria Dallas, a 1.9. million-square-foot shopping center in Dallas. Dubbed Netflix House, the establishment will feature immersive experiences, retail offerings and food-and-beverage concepts. Construction is currently underway on two floors of the property to house the venue, which is scheduled to open in fall 2025. According to Netflix, the venue will occupy a former department store space and span more than 100,000 square feet. MetLife Investment Management owns Galleria Dallas, and Trademark Property Co. manages the property.

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HOUSTON — Five retailers and restaurants have debuted their new venues at Post Oak Plaza in Houston. Luxury mattress retailer Saatva and appliance provider Bosch/Thermador/Gaggenau have respectively opened a 4,000-square-foot store and 14,777-square-foot showroom at the 503,000-square-foot center. In addition, restaurants Local Foods (3,016 square feet), Tacodeli (2,883 square feet) and Rakkan Ramen (1,856 square feet) are now open. Locally based developer Levcor owns Post Oak Plaza. These tenants were announced in April and November 2023.

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HOUSTON — The Mind Spot, a provider of mental health services, has signed a 3,148-square-foot office lease in West Houston. According to LoopNet Inc., the building at 3000 Weslayan St. was built in 1979 and totals 81,505 square feet. Ray Lopez of Colliers represented the tenant in the lease negotiations. William Stone of Cushman & Wakefield represented the undisclosed landlord.

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NEWARK, N.J. — Seagis Property Group has completed a 178,200-square-foot industrial project at 2013 McCarter Highway in Newark. Two tenants — the Newark Board of Education and skincare products provider Deciem — preleased space at the building, which features a clear height of 40 feet, 37 dock doors, an ESFR sprinkler system and parking for 127 cars and 42 trailers. Colliers serves as the landlord’s leasing agency. A CBRE team of Kate Granahan, Kevin Dudley, Chad Hillyer and Nicholas Klacik represented the tenants in both deals.

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FLORHAM PARK, N.J. — Marquis Health Consulting Services has opened Florham Park Rehabilitation & Healthcare Center, a 101-bed skilled nursing facility in Florham Park, about 30 miles west of New York City. The 43,000-square-foot facility is located on the former Lutheran Ministries healthcare campus and is undergoing a multi-phase renovation and modernization following an ownership change. Phase I focused on the updating and remodeling of patient areas and is complete. Phase II is underway and will introduce the largest rehabilitation therapy gym in the greater Morris County region.

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PROVINCETOWN, MASS. — The Community Builders (TCB) has broken ground on Province Post, a 65-unit mixed-income housing project located in the Cape Cod community of Provincetown. The property’s affordable component will apply to households earning between 30 and 80 percent of the area median income. The unit mix will include 18 studios, 32 one-bedrooms, 10 two-bedrooms and five three-bedrooms. Construction is slated for a spring 2026 completion.

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NEW YORK CITY — Marcus & Millichap has brokered the $6.3 million sale of a seven-unit apartment building located at 1226 Second Ave. on Manhattan’s Upper East Side. The four-story building consists of six one-bedroom apartments and a retail space that is leased to Italian restaurant Primola. Joe Koicim, Logan Markley, Zan Colin and Kory Barbanel of Marcus & Millichap represented the seller and procured the buyer, both of which were private investors that requested anonymity, in the transaction.

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ST. LOUIS — McCarthy Building Cos. Inc. has topped out construction of a new 16-story patient care tower at Barnes-Jewish Hospital in St. Louis. The work is part of BJC HealthCare’s Campus Renewal Project, a long-term initiative to replace and renovate outdated patient care facilities on the Washington University Medical Campus. The new building, known as the Plaza West Tower, will open to patients in fall 2025. The 660,000-square-foot facility will include seven floors of private acute inpatient rooms for heart and vascular patients (224 beds), two floors of intensive care units (56 beds), more than two floors of modern surgical prep and recovery, more than two floors of state-of-the-art medical imaging and interventional radiology, as well as two rooftop gardens, a family lounge with business center, kitchenette, quiet rooms and laundry facility. The project will also feature a kitchen and dietary center for patient meals and a public cafeteria with outdoor dining. The project team includes architect CannonDesign, consulting engineer BR+A, structural engineer Thornton Tomasetti, civil engineer Castle Contracting and landscape designer DTLS.

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CHICAGO — Stream Realty Partners has acquired Halsted Pershing Business Center in Chicago’s Stockyards submarket for an undisclosed price. The 104,008-square-foot industrial property is fully leased to three tenants. Patrick Russo, Mustafa Ali and Ben Harrison of Stream facilitated the acquisition. Ed Halaburt, Sean Devaney, John Huguenard, Kurt Sarbaugh, Will McCormack and Michael Conway of JLL represented the undisclosed seller. Stream currently manages a portfolio of 41 investments totaling 23.2 million square feet.

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FRIDLEY, MINN. — Marcus & Millichap has arranged the $8.5 million sale of Highland Park, a 77-unit multifamily property in the Minneapolis suburb of Fridley. Located at 610 Osborne Road NE and built in 1969, the asset features a mix of one-, two- and three-bedroom units. Nine of the units are townhome-style layouts. Abe Roberts and Michael Jacobs of Marcus & Millichap represented the undisclosed buyer and seller.

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