Thursday, June 18, 2026
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CivicDevelopmentTexas

Bartlett Cocke Breaks Ground on $31M Academic Building in Round Rock, Texas

by Taylor Williams

ROUND ROCK, TEXAS — Texas-based general contractor Bartlett Cocke has broken ground on a $31 million academic building in metro Austin that will be part of the Round Rock Independent School District’s Early College High School campus. The 46,500-square-foot building will house classrooms and science labs, student breakout spaces, a cafeteria, central common area that can accommodate 150 students, a fitness center, an administration suite and outdoor dining and study spaces. O’Connell Robertson is providing architecture and engineering services, and Birmingham-based HPM is the program manager for the project. Completion is slated for fall 2025.

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The-Tower-at-290-Houston
AcquisitionsOfficeTexas

DZMI Acquires 245,846 SF Office Building in Northwest Houston

by Taylor Williams

HOUSTON — David Z Mafrige Interests (DZMI) has acquired The Tower at 290, a 12-story, 245,846-square-foot office building located near the junction of U.S. Highway 290 and Loop 610 in northwest Houston. The new ownership plans to implement a value-add program and has tapped Stream Realty Partners as the leasing agent. A renovation of the lobby is already underway, and enhancements of various common and amenity spaces are also forthcoming. The seller and sales price were not disclosed.

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AcquisitionsIndustrialTexas

TruCore Investments Buys 142,115 SF Industrial Property in Oklahoma City in Sale-Leaseback

by Taylor Williams

OKLAHOMA CITY — TruCore Investments, a Tulsa-based firm specializing in Class B industrial deals, has acquired a 142,115-square-foot property in Oklahoma City in a sale-leaseback with an undisclosed tenant. The building sits on 8.5 acres at 13131 Broadway Extension. According to LoopNet Inc., the property was originally built in 1979 and features 22-foot clear heights and 12 dock-high loading doors. Rusty Smith and Allan Meadors of Cushman & Wakefield brokered the deal. TruCore plans to implement a value-add program.

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Leasing ActivityRestaurantRetailTexas

Terra Lounge Opens 2,400 SF Bar, Restaurant at The Terraces in Westlake, Texas

by Taylor Williams

WESTLAKE, TEXAS — Terra Lounge has opened a 2,400-square-foot bar and restaurant at The Terraces, an eight-building, 1.1 million-square-foot office complex located north of Fort Worth in Westlake. Terra Lounge, which can accommodate about 100 people, offers beer, wine and cocktails, as well as appetizers, salads and gourmet pizzas. Chicago-based Glenstar purchased the property, which is home to office users like Goosehead Insurance and ECI Software Solutions, in 2019.

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Bayberry-Town-Center
DelawareDevelopmentNortheastRetail

Blenheim Group Breaks Ground on 280,000 SF Mixed-Use Project in Middletown, Delaware

by Taylor Williams

MIDDLETOWN, DEL. — Blenheim Group has broken ground on Bayberry Town Center, a 280,000-square-foot mixed-use project in Middletown. A 64,000-square-foot Weis Markets with a fuel facility will anchor the property. Other tenants at the development will include a bank, pet store, spa and nail salon. Construction on Weis Markets is scheduled to begin this fall, with the opening of Weis and several other tenants planned for 2025. Upon completion, the project will also feature office space, two green spaces, 145 townhomes and internal street and trail connectivity. Jim Tancredi of LMT Commercial is leasing the retail space.

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IndustrialLoansMassachusettsNortheast

Colliers Arranges $52.7M Loan for Refinancing of Industrial Property in Peabody, Massachusetts

by Taylor Williams

PEABODY, MASS. — Colliers has arranged a $52.7 million loan for the refinancing of a 370,000-square-foot industrial property in Peabody, a northern suburb of Boston. The building is located within the Centennial Park development and houses the headquarters of an undisclosed e-commerce retailer. Barings provided the financing to a partnership between two Boston-based firms, Oliver Street Capital and Bain Capital Real Estate. The partnership plans to expand the property by 82,790 square feet, and the loan includes construction proceeds for that endeavor. John Broderick and Patrick Boyle led the debt placement efforts for Colliers.

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Affordable HousingDevelopmentMultifamilyNew YorkNortheast

NRP Group Completes 179-Unit Workforce Housing Project in New Rochelle, New York

by Taylor Williams

NEW ROCHELLE, N.Y. — Cleveland-based multifamily developer The NRP Group has completed Renaissance at Lincoln Park, a 179-unit workforce housing project in New Rochelle, located north of New York City. Residences feature a range of income restrictions.  The project included the construction of a 22,000-square-foot Boys & Girls Club facility with a gym, basketball court, recording studio, demonstration kitchen, administrative offices and other rooms for work and play. The NRP Group developed the project in partnership with Guion Renaissance Housing Development Finance Corp. (HDFC), Kensworth Consulting, The Boys & Girls Club of New Rochelle and The City of New Rochelle. Construction began in January 2021.

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AcquisitionsNew YorkNortheastRetail

Brixmor Property Group Acquires 41,920 SF Shopping Center on Long Island

by Taylor Williams

EAST SETAUKET, N.Y. — New York City-based Brixmor Property Group has acquired West Center, a 41,920-square-foot shopping center located in East Setauket on Long Island. The site along State Route 25A is adjacent to Brixmor’s Three Village Shopping Center and boasts a daily traffic count in excess of 18,000 vehicles. Grocer Wild by Nature anchors the property. Other tenants include Walgreens, Pure Barre, Starbucks and AT&T. The seller and sales price were not disclosed.

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AcquisitionsConnecticutMultifamilyNortheast

NEPCG Negotiates $8.9M Sale of Birdseye Apartments in Bridgeport, Connecticut

by Taylor Williams

BRIDGEPORT, CONN. — Regional brokerage firm Northeast Private Client Group (NEPCG) has negotiated the $8.9 million sale of Birdseye Apartments, an 81-unit multifamily complex located in the southern coastal Connecticut city of Bridgeport. According to Apartments.com, the property was built in 1962 and offers studio, one- and two-bedroom units. Brad Balletto, Jeff Wright and Rich Edwards of NEPCG represented the seller in the transaction and procured the buyer, SPA Management Group.

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DevelopmentFloridaMixed-UseMultifamilyOfficeRetailSoutheast

Suffolk to Construct Gasworx Mixed-Use Development in Tampa’s Ybor City

by John Nelson

TAMPA, FLA. — Suffolk plans to construct Gasworx, a mixed-use development in Tampa’s Ybor City, on behalf of the co-developers, Darryl Shaw and Kettler. The project will feature up to 5,000 residences, 500,000 square feet of office space and 140,000 square feet of shops, restaurants and service retailers. Suffolk will deliver multiple projects within the Gasworx development, including a 100-000-square-foot office building and a more than 500-space parking structure wrapped with a five-story residential building. Suffolk and the development team plan to break ground this summer.

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