Saturday, September 19, 2026
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Potranco-Commons-San-Antonio
DevelopmentMultifamilyTexas

Lynd Group Nears Completion of 360-Unit Potranco Commons Apartments in San Antonio

by Taylor Williams

SAN ANTONIO — Locally based developer The Lynd Group is nearing completion of Potranco Commons, a 360-unit mixed-income project in San Antonio’s Far West Side submarket. Residences come in one-, two- and three-bedroom formats, range in size from 541 to 1,355 square feet and are housed across 15 three-story buildings. Approximately 40 percent of the units are reserved for renters earning 80 percent or less of the area median income. Amenities include a clubhouse, pool, fitness center, outdoor grilling and dining stations, multiple open green spaces and a DJ booth. Lynd Group partnered with Santikos Enterprises and the San Antonio Housing Authority on the project. Move-ins began earlier this year, and the property is now 53 percent leased. Rents for market-rate units start at $1,181 per month. Construction began in summer 2022.

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HALL-Arts-Hotel-Dallas
HospitalityLoansTexas

Lone Star PACE Provides $27M in C-PACE Financing for Dallas Hotel

by Taylor Williams

DALLAS — Lone Star PACE has provided $27 million in retoractive C-PACE financing for HALL Arts Hotel, a luxury hospitality property located in the Dallas Arts District. Designed by HKS Architects with interiors by Bentel & Bentel, the hotel rises 11 stories and houses 183 guestrooms and 19 suites, as well as an onsite restaurant and bar and meeting/event space. The borrower, locally based developer HALL Group, will use proceeds to recapitalize previously implemented sustainability measures at the hotel, including upgrades to the building’s envelope, electrical, plumbing and HVAC systems.

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Leasing ActivityOfficeTexas

Aimbridge Hospitality Extends 248,861 SF Office Lease in Plano

by Taylor Williams

PLANO, TEXAS — Aimbridge Hospitality has extended its 248,861-square-foot office lease in Plano. The third-party hotel management firm will remain the sole occupant of HQ53, a four-story building that was developed by locally based firm Cawley Partners, for the next five years. Drawbridge Realty is the current owner of HQ53, having purchased the property from Cawley Partners in mid-2022. No third-party brokers were involved in the lease negotiations. Aimbridge first committed to being the anchor tenant at HQ53 in March 2019 via a 75,000-square-foot lease that was subsequently expanded upon.

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AVE-Hamilton-Green-White-Plains
DevelopmentMixed-UseNew YorkNortheast

Partnership Tops Out $650M Mixed-Use Redevelopment Project in White Plains, New York

by Taylor Williams

WHITE PLAINS, N.Y. — A partnership between The Cappelli Organization, RXR and Korman Communities has topped out AVE Hamilton Green, a $650 million mixed-use redevelopment project in White Plains, a northern suburb of New York City. The project team is converting the former White Plains Mall into a destination that will feature 860 residential units across four buildings, as well as 55,000 square feet of open public space and 39,000 square feet of commercial space. Residential units will come in one-, two- and three-bedroom floor plans, and amenities will include an indoor pool, fitness center, coworking spaces, a golf simulator, gaming lounge, outdoor grilling stations and a pet spa. The development, which will also have 78 affordable housing units and onsite parking, will be completed in phases over the remainder of 2024 and 2025.

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AcquisitionsNew YorkNortheastRetail

Katz & Associates Negotiates $7.6M Sale of Two Retail Properties in Nanuet, New York

by Taylor Williams

NANUET, N.Y. — Regional brokerage firm Katz & Associates has arranged the $7.6 million sale of two retail properties in Nanuet, located near the New York-New Jersey border. Built in 1973, the properties comprise a 2,500-square-foot single-tenant building and a 30,000-square-foot multi-tenant building. Chase Bank occupies the single-tenant building, and the multi-tenant building is leased to Tile Shop, Carpet One and Hudson Valley Integrated Medicine. Donny Moskovic of Katz represented both the buyer and seller, both of which requested anonymity, in the transaction.

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Leasing ActivityNew JerseyNortheastOffice

Day Pitney LLP Signs 56,000 SF Office Lease in Parsippany, New Jersey

by Taylor Williams

PARSIPPANY, N.J. — Day Pitney LLP has signed a 56,000-square-foot office lease in the Northern New Jersey community of Parsippany. The law firm is relocating from the nearby building at 1 Jefferson Road to the entire second and third floors of 8 Sylvan Way, a 176,062-square-foot building that was originally constructed in 2009 to house the operations of pharmaceutical corporation Novartis. Tim Greiner, David Stifelman and Noah Stewart of JLL represented the landlord, Orion Office REIT, in the lease negotiations. Greiner also represented the tenant along with JLL’s Mike Pietrowicz, Dan Loughlin, Kimberly Smith, Brendan McBride and Jonathan Ortiz.

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Leasing ActivityLife SciencesNortheastPennsylvania

Frontage Laboratories Inks 46,300 SF Life Sciences Lease Expansion in Exton, Pennsylvania

by Taylor Williams

EXTON, PA. — Locally based pharmaceutical development company Frontage Laboratories has inked a 46,300-square-foot life sciences lease expansion in Exton, a western suburb of Philadelphia. Frontage Labs joins Switzerland-based Fruh Packaging to bring occupancy of the new, 113,000-square-foot building at 240 Sierra Drive to 100 percent. Frontage’s total footprint in Exton now spans about 200,000 square feet, and the expansion is expected to create about 100 new employment opportunities. No third-party brokers were involved in the lease negotiations.

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AcquisitionsMassachusettsNortheastRetail

Atlantic Capital Partners Arranges Sale of 30,000 SF Retail Building in Reading, Massachusetts

by Taylor Williams

READING, MASS. — Locally based brokerage firm Atlantic Capital Partners has arranged the sale of a 30,000-square-foot retail building in Reading, a northern suburb of Boston. HomeGoods occupies the entirety of the freestanding building, which sold for $5.6 million. Justin Smith, Chris Peterson, Sam Koonce and Matt Austin of Atlantic Capital Partners represented the buyer and seller, both of which requested anonymity, in the transaction.

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Casas-Adobes-Plaza-Tucson-AZ
AcquisitionsArizonaRetailWestern

First Washington Realty Sells Casas Adobes Plaza Shopping Center in Tucson, Arizona for $51M

by Amy Works

TUCSON, ARIZ. — First Washington Realty has completed the disposition of Casas Adobes Plaza, a shopping center located 7001-7139 N. Oracle Road in Tucson, to an undisclosed buyer for $51 million. Situated on 9.5 acres, the 92,300-square-foot Casas Adobes Plaza was originally built in 1953 and remodeled in 2014. At the time of sale, the retail center was 97 percent occupied by a variety of tenants including Whole Foods Market, Starbucks Coffee, Pure Barre, Orangetheory Fitness and Chico’s. Patrick Dempsey and Geoff Tranchina of JLL Capital Markets Investment Advisory handled the transaction. Greg Brown and Jason Carlos of JLL Debt Advisory facilitated acquisition financing through a correspondent life insurance company for the buyer. Quin Madden of JLL assisted with the sale and financing.

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Phase1-Virgin-Industrial-Park-Glendale-AZ
ArizonaDevelopmentIndustrialWestern

IndiCap, Invesco Real Estate Complete 1 MSF Phase I of Virgin Industrial Park in Glendale, Arizona

by Amy Works

GLENDALE, ARIZ. — IndiCap and Invesco Real Estate have completed Phase I of Virgin Industrial Park, an industrial development at 15748 W. Hatcher Road in the Phoenix suburb of Glendale. Totaling more than 1 million square feet, Virgin Industrial Park Phase I features Building A, a 564,320-square-foot, cross-dock facility; Building B, a 212,160-square-foot, rear-loading asset; and Building C, a 243,360-square-foot, rear-load space. All buildings offer divisibility options down to 75,000 square feet. Buildings feature 32- to 36-foot clear heights, dock-high and grade-level doors, generous power, extensive car and trailer parking, up to 70-foot speed bays and fully secured concrete truck courts. Make-ready improvements include speculative office space, LED lighting, warehouse HVAC and mechanical pit levelers. The project team includes Graycor Construction Co. as general contractor and Deutsch Architecture as project architect. Anthony Lydon, Marc Hertzberg, Riley Gilbert and Kelly Royle of JLL are handling leasing of the property. At full build-out, Virgin Industrial Park will add 1.5 million square feet of industrial space spread across five Class A buildings to metro Phoenix’s Loop 303 Corridor.

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