Tuesday, November 10, 2026
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DevelopmentMidwestMissouriMultifamilySeniors Housing

New Perspective Opens 136-Unit Senior Living Community in Weldon Spring, Missouri

by Kristin Harlow

WELDON SPRING, MO. — New Perspective and Boldt Real Estate have opened New Perspective Weldon Spring, a 136-unit senior living community in the western St. Louis suburb of Weldon Spring. Located at 400 Siedentop Road, the property features independent living, assisted living and memory care units in studio, one-bedroom and two-bedroom layouts. Amenities include a formal dining room, café, fitness center, chapel and activity spaces. The community also offers artificial intelligence-driven fall detection technology SafelyYou, life and activity programming by LifeLoop, in-house therapy services from Fox Rehabilitation and a partnership with Curana Health to bring resident-centered care. The property is situated next to Persimmons Golf Club and near Progress West Hospital.

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AcquisitionsIllinoisIndustrialMidwest

Colliers Arranges Sale of 195,375 SF Industrial Building in Mundelein, Illinois

by Kristin Harlow

MUNDELEIN, ILL. — Colliers has arranged the sale of a 195,375-square-foot industrial building in Mundelein, a northern suburb of Chicago. The sales price was undisclosed. Known as Route 60 Logistics Center, the property is located at 1300 Allanson Road just west of a four-way interchange at I-94 and Route 60. Completed in 2021, the facility is fully leased to two tenants. Jeff Devine, Steve Disse and Tyler Ziebel of Colliers represented the sellers, Affinius Capital and Venture One Real Estate. An institutional real estate investor purchased the asset.

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DevelopmentMarylandMultifamilySoutheast

Willow Bridge Begins Leasing 11-Story Multifamily Tower in Bethesda, Maryland

by John Nelson

BETHESDA, MD. — Willow Bridge Property Co. has begun leasing 4909 Auburn, an 11-story multifamily tower nearing completion in Bethesda. The building’s first move-ins are scheduled for later this month. The project team includes architect BCT Design Group and interior designer Gensler. 4909 Auburn is situated in Bethesda’s Woodmont Triangle neighborhood and is within walking distance from the Bethesda Metro station. The property offers 167 apartments in studio, one- and two-bedroom configurations ranging in size from 364 to 1,333 square feet. Monthly rental rates range from $2,008 to $7,520, according to Apartments.com. Amenities include a rooftop terrace with a TV and grilling area, landscaped common and private terraces, glass-wrapped fitness center and adjacent yoga studio, private steam and sauna rooms, top-floor penthouse lounge and entertainment kitchen, lobby lounge with meeting rooms and a huddle/work room, reservable party room spaces, pet spa and a parking garage with electric vehicle charging stations.

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DevelopmentNortheastRestaurantRetailRhode Island

Marsella Development to Open $25M Food Hall in Providence

by Taylor Williams

PROVIDENCE, R.I. — Marsella Development Corp. will open Track 15, a $25 million, 18,000-square-foot food hall that will be situated within the historic Union Station building in Providence. Track 15 will be home to food vendors including Little Chaska, Tolia, Dune Brothers, Dolores, There There, Giusto PVD and Mother Pizzeria PVD. In addition to the vendor spaces, the development will feature indoor and outdoor seating for roughly 600 people, an entertainment venue and a 10,000-square-foot plaza. Construction is underway, and the opening is scheduled for February 2025.

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AlabamaDevelopmentOfficeSoutheast

FiveStone Breaks Ground on 30,000 SF Alabama Office Headquarters for Morgan Stanley in Homewood

by John Nelson

HOMEWOOD, ALA. — The FiveStone Group has broken ground on a new 30,000-square-foot office building in Homewood that will serve as the Alabama headquarters for global financial services firm Morgan Stanley. The site is located on a one-acre parcel at 740 Shades Creek Parkway, which is adjacent to Shades Valley Lutheran Church, in one of Birmingham’s top office submarkets. Carter Burwell of JLL represented the tenant in the lease negotiations, and Michael Reilly of FiveStone Group and Philip Currie of JH Berry represented the landlord. Additional partners for the development include KPS Group, Schoel Engineering, Renta Urban Land Design and D&A Cos. Hoar Construction is the general contractor for the Class A facility and expects to complete the core and shell of the building in second-quarter 2025.

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AlabamaLoansRetailSoutheast

KPR Centers Obtains $42.5M Refinancing for Metro Birmingham Shopping Center

by John Nelson

VESTAVIA HILLS, ALA. — KPR Centers has obtained a $42.5 million loan for the refinancing of Vestavia Hills City Center, a 389,736-square-foot retail center located in Vestavia Hills, roughly 10 miles outside Birmingham. An affiliate of MetLife Investment Management provided the floating-rate financing. Chris Drew, Gregg Shapiro and Kelsey Bawcombe of JLL arranged the loan on behalf of KPR Centers. Publix anchors Vestavia Hills City Center, and other tenants include AMC Theatres, Planet Fitness, First Watch, Pet Supermarket, Shoe Station, Dollar Tree, Panera Bread and Dave’s Hot Chicken.

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DevelopmentLeasing ActivityMixed-UseRestaurantRetailSouth CarolinaSoutheast

RocaPoint Signs Four Restaurants to Join $1B Greenville County Square Mixed-Use Development

by John Nelson

GREENVILLE, S.C. — RocaPoint Partners has added four new food-and-beverage tenants to join the roster at Greenville County Square, a $1 billion mixed-use redevelopment in downtown Greenville. Mama’s Comfort Food & Cocktails, Leo’s Italian Social, CRÚ Food & Wine Bar and MOA Korean Barbeque have signed on to join the 40-acre project, which will be anchored by a Whole Foods Market grocery store. The new concepts bring the number of committed eateries at Greenville County Square to 15, including The Perch Kitchen & Tap, The Salty Donut, ​​Ben & Jerry’s and JINYA Ramen. Other tenants will include Pins Mechanical, Fairway Social, Sports & Social and Agave Bandido as the entertainment anchors and national retailers William Sonoma and Pottery Barn. The development also houses Greenville County’s newly opened 250,000-square-foot administrative building.

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Leasing ActivityNew YorkNortheastOffice

Corient Signs 24,600 SF Office Lease Expansion in Midtown Manhattan

by Taylor Williams

NEW YORK CITY — Corient has signed a 24,600-square-foot office lease expansion in Midtown Manhattan. The provider of wealth management services is taking an additional full floor at 101 Park Avenue, a 1.3 million-square-foot building. John Cefaly and Nicholas Dysenchuk of Cushman & Wakefield represented the landlord, H.J. Kalikow & Co., in the lease negotiations. Mark Robbins and Evan Foley of Avison Young represented Corient, which now occupies 74,000 square feet at the property.

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AcquisitionsGeorgiaSelf-StorageSoutheast

Storage Acquisition Group Purchases 911-Unit Self-Storage Facility in Conyers, Georgia

by John Nelson

CONYERS, GA. — The Storage Acquisition Group (TSAG) has purchased a 911-unit self-storage facility located at 4489 McDonough Highway in Conyers, about 30 miles southeast of Atlanta. The 76,125-square-foot asset was the final facility of TSAG’s 18-property portfolio purchase from True Self Storage that spans 13,714 units across 10 states. The sales price was not disclosed. Bill Sitar Jr., John Cranley, Andrew Burachinsky and Monty Spencer led TSAG’s acquisition team on an internal basis.

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Leasing ActivityMassachusettsNortheastRestaurantRetail

New England Development Adds Two New Concepts to Cambridge Food Hall

by Taylor Williams

CAMBRIDGE, MASS. — New England Development has added two new food-and-beverage concepts to CanalSide Food + Drink, a food hall located within its Cambridgeside mixed-use development. Juicygreens and Far Out Ice Cream will join the roster at CanalSide, which opens on Friday, Oct. 25. Other concepts at the food hall include anoush’ella, Caffé Nero, Chilacates, DalMoros Fresh Pasta To Go, Fresh, InChu, Lala’s Neapolitan-ish Pizza, Nu Burger, Sapporo Ramen, Teazzi Tea Shop and C-Side Bar.

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