FORT WORTH, TEXAS — EōS Fitness has signed a 40,000-square-foot retail lease in southwest Fort Worth. The site is located at the southwestern quadrant of Altamesa Boulevard and Chisholm Trail Parkway, and the Dallas-based gym operator will operate as a co-tenant alongside BJ’s Wholesale Club. The opening is slated for some time in 2027. Segovia Partners represented EōS Fitness in the lease negotiations. The landlord, Texas-based Hunington Properties, was self-represented.
FARGO, N.D. — Marcus & Millichap has negotiated the $8.3 million sale of Comfort Suites Medical Center, an 82-room hotel in Fargo. Allan Miller, Chris Gomes, Huberth Marak and Skyler Cooper of Marcus & Millichap represented the buyer, a limited liability company, while the brokerage firm’s Jon Ruzicka assisted in closing the transaction. The buyer was part of a hospitality group completing a 1031 exchange after selling a hotel in Montana. The deal closed with conventional financing from a local lender. The property is located at 4417 23rd Ave. S.
CHICAGO — Interra Realty has arranged the $3.4 million sale of a 34-unit apartment building in Chicago’s Albany Park neighborhood. Located at 4901 N. Christiana Ave. and built in 1928, the property includes 33 studios and one one-bedroom unit. The building was 97 percent occupied at the time of sale and recently received capital improvements to 23 units. Patrick Kennelly of Interra represented the local buyer, 606 Realty. Joe Smazal of Interra represented the seller, an entity led by Mike Root of Chicago-based Root Realty.
CHICAGO — Venture One Real Estate, through its acquisition fund VK Industrial VII LP, has acquired a 56,068-square-foot industrial building located at 235 N. Artesian Ave. in Chicago. The property was vacant at the time of acquisition. Situated in the Kinzie Industrial Corridor, the building features direct access to the central business district. The facility features three docks, one drive-in door and parking for 38 cars. Venture One plans to improve the asset with office renovations, warehouse paint, parking lot paving, energy-efficient warehouse lights, roof replacement and landscaping. Cal Kropke and John Huguenard of JLL represented the undisclosed seller. Larry Goldwasser, Matt Cowie and John Marks of CBRE will market the property for lease. VK Industrial VII is co-sponsored by Venture One and Kovitz Investment Group.
HOUSTON — Stream Realty Partners has negotiated a 27,021-square-foot industrial lease in Houston. The space is located at 1537 Greengrass Drive on the city’s northwest side. Jeremy Lumbreras and Boone Smith of Stream represented the landlord, Texas-based investment firm Stonelake Capital Partners, in the transaction. David Holland of JLL represented the tenant, an entity doing business as JC Zora LLC.
WHITE PLAINS, N.Y. — CBRE has brokered the sale of a multifamily development site in White Plains, located north of New York City. The 1.3-acre site at 1 Water St. is located on the eastern edge of the downtown area, directly adjacent to the local public transit station. A partnership between David Gaber of Bijou Properties and Kavneet Sethi of Green Property LLC purchased the site, which is approved for the development of a 301-unit high-rise building, from New Jersey-based Veris Residential. Jeffrey Dunne, Eric Apfel and Travis Langer of CBRE brokered the deal.
DOVER, DEL. — JLAM, an investment and development firm with offices in Delaware and Charlotte, is underway on construction of Windward Ridge, a 300-unit apartment community in Dover. The community will feature one-, two- and three-bedroom units and amenities such as a clubhouse, pool, yoga and fitness studios and wooded walking trails. Leasing is expected to begin sometime next year. Project partners include Architectural Alliance Inc., Erin Marshall Interior Designs, Morris & Ritchie Associates Inc. (civil engineer) and Christiana Excavating (sitework contractor). A general contractor has not yet been selected.
DELAWARE — Largo Capital, a financial intermediary based in upstate New York, has arranged a $14.5 million CMBS permanent loan for a portfolio of three manufactured housing properties totaling 342 sites in Delaware. The names and addresses of the properties, which collectively span more than 100 acres and were 94 percent occupied at the time of loan closing, were not disclosed. Jack Phillips of Largo Capital originated the nonrecourse, interest-only loan. The borrower and direct lender were also not disclosed.
NEW YORK CITY — Law firm Benesch, Friedlander, Coplan & Aronoff LLP has signed a 121,000-square-foot office lease at 1301 Avenue of the Americas, a 45-story, 1.8 million-square-foot building in Midtown Manhattan. The lease term is 16.5 years, and approximately 30,000 square feet is short-term space. Frank Doyle, David Kleiner and Andrew Coe of JLL represented the landlord, New York City-based Paramount Group, in the lease negotiations. Mark Weiss of Cushman & Wakefield represented the tenant.
WILMINGTON, DEL. — NAI Emory Hill has negotiated an 18,790-square-foot retail lease in Wilmington. Lexus of Wilmington has leased the building at 3401 N. Market St., which features six lifts, 18-foot ceilings and three drive-in doors, to house its new automotive repair facility. Rich Dudek of NAI Emory Hill represented the undisclosed landlord in the lease negotiations.