Tuesday, June 9, 2026
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2700-Summit-Ave.-Plano
AcquisitionsIndustrialTexas

Cushman & Wakefield Arranges Sale of 846,261 SF Industrial Portfolio in Plano

by Taylor Williams

PLANO, TEXAS — Cushman & Wakefield has arranged the sale of the Plano Industrial Portfolio, a collection of eight buildings totaling 846,261 square feet located on the northeastern outskirts of Dallas. The buildings range in size from 53,833 to 210,560 square feet. At the time of sale, the portfolio was 100 percent leased to 15 tenants with an average tenure of 10 years. Jim Carpenter, Jud Clements, Robby Rieke, Madeleine Supplee and Trevor Berry of Cushman & Wakefield represented the undisclosed seller in the transaction. The buyer was New York City-based investment firm DRA Advisors. The sales price was not disclosed.

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Leland-South-Congress-Austin
DevelopmentMultifamilyTexas

Intracorp Homes to Develop 270-Unit Multifamily Project in Austin

by Taylor Williams

AUSTIN, TEXAS — Intracorp Homes will develop Leland South Congress, a 270-unit multifamily project in the Bouldin Creek area of Austin. The property will offer studio-, one-,  two- and three-bedroom for-sale units as well as penthouses on the top level and 22,000 square feet of retail and restaurant space. Amenities will include a pool, fitness center, private garden, pet play area, private dining room, catering kitchen, library, coworking lounges and a clubroom. The design team consists of Kirksey Architecture (lead architect), Michael Hsu Office of Architecture (interiors and amenities) and Nudge Design (landscaping). Construction is scheduled to begin later this year and to be complete in 2027.

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AcquisitionsBuild-to-RentSingle-Family RentalTexas

JLL Brokers Sale of 97-Unit Build-to-Rent Residential Property in Katy, Texas

by Taylor Williams

KATY, TEXAS — JLL has brokered the sale of Banyan Kingsland Heights, a 97-unit build-to-rent residential complex located in the western Houston suburb of Katy. Built on 27 acres in 2021, Banyan Kingsland Heights features three- and four-bedroom floor plans with an average size of 1,876 square feet. Matthew Putterman, Jim Humphries, Daniele Colbertaldo and Rhett Robins of JLL represented the seller, Los Angeles-based Banyan Residential, in the transaction. The buyer was not disclosed.

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Leasing ActivityOfficeTexas

Workbox Opens 50,000 SF Flexible Workspace in Dallas

by Taylor Williams

DALLAS — Workbox, a provider of flexible workspaces and coworking solutions, has opened a 50,000-square-foot facility in the Victory Park area of Dallas. Members will have access to two floors of workspace, lounges, conference rooms, open kitchens and offices for teams ranging from one to 130 individuals. A new tenant-only fitness center and daytime lounge are also expected to be completed later this month. The location is the first in Dallas and ninth nationally for Workbox.

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DevelopmentOfficeTexas

JT Magen Completes Renovation of 8,000 SF Office Space in Austin

by Taylor Williams

AUSTIN, TEXAS — National general contractor JT Magen has completed the renovation of the 8,000-square-foot office space of JBGoodwin Realtors in Austin. The space is located at 1613 S. Capital of Texas Highway in the city’s Westlake neighborhood. The project increased the flow of natural light via floor-to-ceiling windows and added a variety of functional spaces for staff training and client hosting, as well as additional desking areas. Seventh Spectrum Studios handled the interior design.

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DevelopmentFloridaIndustrialLoansSoutheast

BGFP International Obtains $72M Construction Financing for Cold Storage Development in Jacksonville

by John Nelson

JACKSONVILLE, FLA. — BGFP International, a partnership between BG Capital, Saoud Development and FreezPak Logistics, has secured $72 million in construction financing to develop a 275,000-square-foot cold storage facility in Jacksonville. The capital providers include senior lenders Valley National Bank and the Israel Discount Bank of New York (IDB), as well as Nuveen Green Capital, which provided Commercial Property-Assessed Clean Energy (C-PACE) financing. Tyler Huffman and Joseph Byrne of BG Capital originated the debt execution on behalf of BGFP International. Construction is underway and expected to be completed in November. FreezPak Logistics will lease the entirety of the complex, which will feature 212,000 square feet of freezer space and a 41,000-square-foot cooler dock. Situated on 20 acres, the property will offer 53,000 new pallet positions, 34 loading docks, 132 trailer parking stalls, 90 container plug-ins and clear heights of 67 feet. The new Jacksonville facility will represent the third build-to-suit facility for BGFP International, joining developments in Philadelphia and Houston.

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AcquisitionsGeorgiaSoutheastStudent Housing

TSB Realty Brokers Sale of 330-Bed Student Housing Community Near Georgia Tech in Midtown Atlanta

by John Nelson

ATLANTA — TSB Realty has brokered the sale of 100 Midtown, a 330-bed student housing community located near the Georgia Tech campus in Atlanta’s Midtown neighborhood. Pope & Land Real Estate purchased the property from an undisclosed seller. In addition to TSB Realty brokering the sale, TSB Capital Advisors acted as consultant for acquisition financing with First Carolina Bank. 100 Midtown offers fully furnished two- and four-bedroom units. Shared amenities include a fitness center, clubhouse, film lounge, business center and private study rooms. The property was originally developed in 1968 and repositioned as student housing in 2004. The community was 98 percent occupied at the time of sale.

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LoansMultifamilyNorth CarolinaSoutheast

BWE Arranges $35.9M Refinancing for Accent Southrail Apartments in Charlotte

by John Nelson

CHARLOTTE, N.C. — BWE has arranged a $35.9 million loan for the refinancing of Accent Southrail, a 304-unit mid-rise apartment community located at 6026 Station Crossing Ave. in Charlotte’s Lower South End (LoSo) district. Alan Tapie, Thomas Wiedeman, Brad Walker and Hanley Long of BWE arranged the three-year, fixed-rate loan through a life company lender on behalf of the borrower, Atlanta-based Westplan Investors. The loan features flexible prepayment options. Built in 2021, Accent Southrail features a mix of one-, two- and three-bedroom floor plans. Amenities include a gym, pool with loungers and Orbit daybeds, clubroom with lounge, hammock sun garden, centralized bike storage, coffee bar, outdoor patios with grilling stations, a dog washing station and coworking spaces.

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AcquisitionsKentuckySeniors HousingSoutheast

Walker & Dunlop Negotiates Sale of 128-Unit Seniors Housing Property in Metro Cincinnati

by John Nelson

FLORENCE, KY. — Walker & Dunlop has negotiated the sale of Legacy Living Florence, a 128-unit seniors housing community in Florence, just south of Cincinnati. Built in 2022, Legacy Living features independent living, assisted living and memory care units. The buyer was an undisclosed REIT. The seller and sales price were also not disclosed. Alex Vice, Joshua Jandris and Brett Gardner led the Walker & Dunlop Investment Sales team in brokering the sale.

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AcquisitionsRetailSoutheastTennessee

Marcus & Millichap Secures $5.3M Sale of Retail Center in Chattanooga

by John Nelson

CHATTANOOGA, TENN. — Marcus & Millichap has secured the $5.3 million sale of South Terrace Plaza, a 46,700-square-foot retail center located at 5076-5084 S. Terrace in Chattanooga. The property is shadow-anchored by AMC Theatres and is located near the I-75 transition into I-24. South Terrace Plaza was 94 percent leased at the time of sale to 12 tenants that have an average 23-year tenure at the property. According to Marcus & Millichap, six new leases were executed at the center in the past year. Zach Taylor and Eric Abbott of Marcus & Millichap’s Atlanta office represented the seller, a Tennessee-based developer, in the transaction. Jody McKibben of Marcus & Millichap served as the broker of record in Tennessee in the deal. The buyer was not disclosed. “The strength of the Chattanooga market and the significant upside potential of the center created a highly competitive bid process for this property,” says Taylor.

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