Monday, June 15, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

AcquisitionsGeorgiaIndustrialOfficeSoutheast

Newmark Brokers $36.3M Sale of Industrial, Office Portfolio in Metro Atlanta

by John Nelson

DULUTH, GA. — Newmark has brokered the $36.3 million sale of a four-building portfolio within Satellite Place in Duluth, a northeast suburb of Atlanta. Situated near I-85, the portfolio spans nearly 290,000 square feet and includes three industrial buildings at 2405, 2425 and 2450 Commerce Ave. and one single-story office building at 2400 Commerce Ave. Casey Keitchen and Collin BeVier of Newmark represented the sellers, two entities doing business as Satellite Place Property LLC and Satellite Commercial Property LLC, in the transaction. The buyer was an undisclosed industrial fund.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityOfficeTexas

Amegy Bank Signs 44,207 SF Office Lease in Downtown San Antonio

by Taylor Williams

SAN ANTONIO — Amegy Bank has signed a 44,207-square-foot office lease at 300 Convent, a 28-story, 545,426-square-foot building in downtown San Antonio. The space spans the entire 21st and 22nd floors and a portion of the first floor. Russell Noll of Transwestern represented Amegy Bank in the lease negotiations. Mark Krenger and Lisa Mittel of JLL, along with Dennis Tarro and Phillip Moore of Patrinely, which manages the building, represented the landlord, Affinius Capital.

Continue Reading
FacebookTwitterLinkedinEmail
FloridaHospitalityLoansSoutheast

Driftwood Capital Provides $34.8M Mezzanine Loan for Marriott-Branded Hotel Complex in Miami

by John Nelson

MIAMI — Driftwood Capital has provided a $34.8 million mezzanine loan for the refinancing of Miami Airport Marriott Connection, a complex comprising three Marriott-branded hotels near Miami International Airport. Driftwood Capital provided a two-year loan with three one-year extension options on behalf of the borrowers, an affiliate of Cerberus Capital Management and Highgate, via its lending fund Driftwood Lending Partners LP. Located at 1201 N.W. LeJeune Road, Miami Airport Marriott Connection features a 371-room Marriott hotel, 301-room Courtyard by Marriott and a 164-room Residence Inn by Marriott.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityRetailSouth CarolinaSoutheast

Trader Joe’s to Open 14,000 SF Store at Sweetgrass Corner in Metro Charleston

by John Nelson

MOUNT PLEASANT, S.C. — Trader Joe’s has signed a lease to open a new store at Sweetgrass Corner, a 90,000-square-foot shopping center located in Mount Pleasant, roughly five miles outside downtown Charleston. The grocer will occupy 14,000 square feet at the property, which is owned by Baltimore-based Continental Realty Corp. (CRC). Trader Joe’s, which operates more than 570 stores throughout the country, will be situated within a portion of the space left vacant by the closure of BI-LO in 2019. The new lease brings the center’s occupancy to 82 percent. CRC acquired Sweetgrass Corner in spring 2022. An opening date for the store was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityRestaurantRetailTexas

Mack McDonald to Open 15,858 SF Restaurant in Uptown Houston

by Taylor Williams

HOUSTON — Restaurateur Mack McDonald will open a 15,858-square-foot restaurant in Uptown Houston. The restaurant will be located within 5POP, a 28-story, 566,773-square-foot office building, and will be operated under the Mack Allen’s upscale seafood brand. David Littwitz with Littwitz Investments represented the tenant in the lease negotiations. Crystal Allen with Transwestern represented the South Florida-based landlord, CP Group. The opening is slated for 2025.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

Oxford Partners Arranges Sale of 10,000 SF Industrial Property in Northwest Houston

by Taylor Williams

HOUSTON — Locally based brokerage firm Oxford Partners has arranged the sale of an approximately 10,000-square-foot industrial property in northwest Houston. According to LoopNet Inc., the building at 13470 FM 529 totals 5,643 square feet, and the building at 13486 FM 529 totals 4,321 square feet. Nathan Buckhoff and Matt Rogers of Oxford Partners represented the seller, Mbella Properties, in the transaction, and Clay Pritchett of Partners Real Estate represented the buyer.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNet LeaseRetailTexas

Hanley Investment Group Negotiates Sale of 4,900 SF Retail Building in Killeen, Texas

by Taylor Williams

KILLEEN, TEXAS — California-based brokerage firm Hanley Investment Group has negotiated the sale of a 4,900-square-foot retail building in the Central Texas city of Killeen. The building was constructed in 2023 was net leased to Brakes Plus at the time of sale. Garrett Wood of Hanley represented the buyer, a Florida-based 1031 exchange investor, in the transaction. Matt Montagne, Maxwell Watson and Tyler Ellinger of Sands Investment Group represented the seller, a Los Angeles-based private investor.

Continue Reading
FacebookTwitterLinkedinEmail
850-Third-Avenue-Manhattan
DevelopmentNew YorkNortheastOffice

Waterman, HPS Investment Partners to Redevelop 605,000 SF Office Building in Manhattan

by Taylor Williams

NEW YORK CITY — A partnership between locally based investment firm Waterman Interests and global asset manager HPS Investment Partners will redevelop 850 Third Avenue, a 605,000-square-foot office building in Midtown Manhattan. The 21-story building was originally constructed in 1961. According to the partnership, 850 Third Avenue offers the largest block of available space in Midtown East — more than 400,000 square feet — and will be repositioned to support build-to-suit headquarters deals. A construction timeline was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentMassachusettsMultifamilyNortheast

MassDevelopment Provides $21.8M in Bond Financing for Boston Affordable Housing Project

by Taylor Williams

BOSTON — MassDevelopment has provided $21.8 million in tax-exempt bond financing for a 63-unit affordable housing project that will be located in Boston’s Hyde Park neighborhood. The property will consist entirely of one-bedroom units that will be reserved for households earning 30, 50 or 60 percent or less of the area median income. The borrower and developer is an affiliate of B’nai B’rith Housing of New England. Eastern Bank purchased the bond. The Massachusetts Executive Office of Housing & Livable Communities also provided $16.1 million in tax credit equity for the project.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsConnecticutMultifamilyNortheast

IPA Arranges Sale of 185-Unit Multifamily Property in Beacon Falls, Connecticut

by Taylor Williams

BEACON FALLS, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Beacon Mill Village, a 185-unit multifamily property in Beacon Falls, located just northwest of New Haven. Built in 1988, the property offers one- and two-bedroom units with an average size of 809 square feet. Amenities include a pool, fitness center, sauna, tennis court and a dog park. Victor Nolletti, Eric Pentore and Wes Klockner of IPA represented the seller, Navarino Capital Management, in the transaction. The trio also procured the buyer, an entity doing business as Beacon Mill Holdings II LLC.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts