Wednesday, September 16, 2026
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AcquisitionsNorth CarolinaOfficeSoutheast

JLL Brokers Sale of 166,653 SF Landmark at North Hills Office Building in Raleigh

by John Nelson

RALEIGH, N.C. — JLL Capital Markets has brokered the sale of Landmark at North Hills, a 166,653-square-foot office building located at 4601 Six Forks Road in Raleigh. A joint venture between Edgewater Ventures and Northridge Capital acquired the property for an undisclosed price. Ryan Clutter, Daniel Flynn, C.J. Liuzzo and Sarah Holloway of JLL represented the seller, BentallGreenOak (BGO), in the transaction. Dennis Hurley, Hillman Duncan and Patti Autry of JLL will manage leasing at the property on behalf of the new ownership. Landmark at North Hills, which sits on seven acres and comprises two five-story buildings connected by a sky bridge, was 84.3 percent leased at the time of sale.

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AcquisitionsGeorgiaLoansMultifamilySoutheast

Berkadia Arranges $13M Acquisition Financing for Arcadia Decatur Apartment Community in Metro Atlanta

by John Nelson

DECATUR, GA. — Berkadia has arranged a $13 million loan for the acquisition of Arcadia Decatur, a 101-unit apartment community located at 220 N. Arcadia Ave. in Decatur, a northeast suburb of Atlanta. Scott Wadler, Matt Robbins and Abigail Beauchamp of Berkadia secured the five-year, fixed-rate financing on behalf of the borrower, a joint venture between Atlantic Pacific Cos. and Highline Real Estate Capital. Built in 2020, Arcadia Decatur features one- and two-bedroom apartments, as well as a fitness center, outdoor grills, swimming pool and a sundeck.  

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FloridaLoansOfficeSoutheast

FM Capital Secures $11M Bridge Loan for Office Building in Miami Beach

by John Nelson

MIAMI BEACH, FLA. — FM Capital has secured an $11 million bridge loan for the financing of an office building located at 301 Arthur Godfrey Road in Miami Beach. Formerly known as the HSBC Building, the property is now known as the Citizens Bank Building. Noam Temchin of FM Capital originated the interest-only, floating-rate loan through Sheridan Capital on behalf of the undisclosed borrower.

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861-Sloan-Ave.-Hamilton-New-Jersey
DevelopmentIndustrialLoansNew JerseyNortheast

Lincoln Equities Group Receives $60.8M Construction Loan for Central New Jersey Industrial Project

by Taylor Williams

HAMILTON, N.J. — Lincoln Equities Group has received a $60.8 million construction loan for a 420,024-square-foot industrial project that will be located in the Central New Jersey community of Hamilton. The site at 861 Sloan Ave. spans 48 acres and offers proximity to both interstates 95 and 295. Building features will include a clear height of 40 feet, 84 loading docks, two drive-in doors and parking for 556 cars and 81 trailers. John Alascio, Chuck Kohaut, T.J. Sullivan and Jason Blankfein of Cushman & Wakefield arranged the loan through Los Angeles-based PCCP on behalf of Lincoln Equities, which is developing the property in partnership with PGIM. Cushman & Wakefield also previously arranged the sale of the site.

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LoansNortheastPennsylvaniaRetail

BWE Arranges $45M in Financing for Metro Philadelphia Shopping Center

by Taylor Williams

DOWNINGTOWN, PA. — BWE has arranged $45 million in first mortgage financing for Brandywine Square Shopping Center, a 607,999-square-foot retail center located roughly 40 miles outside Philadelphia in Downingtown. Regional grocer Wegmans anchors the center. Other tenants include BJ’s Wholesale, Dick’s Sporting Goods, DSW, PetSmart, Regal Cinema and Best Buy. Kevin Hicks of BWE originated the financing through a life insurance company on behalf of the borrower, Delaware-based development and management firm Allied Properties.

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AcquisitionsConnecticutMixed-UseNortheast

Matthews Negotiates $10.6M Sale of Mixed-Use Property in Westport, Connecticut

by Taylor Williams

WESTPORT, CONN. — Matthews Real Estate Investment Services, a California-based brokerage firm, has negotiated the $10.6 million sale of a 17,358-square-foot mixed-use property in the coastal Connecticut city of Westport. The property consists of an 11,572-square-foot retail space leased to Urban Outfitters and the historic Sherwood House, a 5,786-square-foot building featuring a restaurant and office space. Joanna Manfro of Matthews represented the undisclosed seller in the transaction. Gregory Kim of Sequoia Property Group represented the buyer, a New York City-based 1031 exchange investor.

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AcquisitionsMultifamilyNew YorkNortheast

Marcus & Millichap Brokers $8.2M Sale of Brooklyn Apartment Building

by Taylor Williams

NEW YORK CITY — Marcus & Millichap has brokered the $8.2 million sale of a 10-unit apartment building in Brooklyn. The five-story building at 29 Willow St. is located in the Brooklyn Heights area and was originally constructed in 1900. Shaun Riney and Michael Salvatico of Marcus & Millichap represented the seller and procured the buyer, both of which were private investors who requested anonymity, in the transaction.

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IndustrialLeasing ActivityNew JerseyNortheastRetail

Pickleball Kingdom to Open 40,500 SF Facility in Hamilton, New Jersey

by Taylor Williams

HAMILTON, N.J. — Pickleball Kingdom will open a 40,500-square-foot, full-building lease at 1100 Negron Drive, an industrial flex property in the Central New Jersey community of Hamilton. The space will house 14 courts as well as conference rooms, meeting areas and a lounge. New Jersey-based Denholtz Properties owns the building, which was completed in 2023 and features a clear height of 26 feet. The opening is scheduled for the fall.

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CaliforniaLoansMultifamilyWestern

Värde Partners Provides $105M Loan for Artisan Crossing Multifamily Property in Belmont, California

by Amy Works

BELMONT, CALIF. — Värde Partners has provided Windy Hill Property Ventures, a firm specializing in real estate development in the Greater Bay Area, with $105 million in construction takeout refinancing for its Artisan Crossing apartment property in the Bay Area city of Belmont. The bridge financing supports the lease-up of the newly developed property. Chris Gandy and Tom Gilliland of JLL arranged the floating-rate loan, which has a three-year initial term with two one-year extension options. The 250-unit community features a fitness center, pool, dog spa, clubroom with rooftop deck, conference room, work pods and underground parking.

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DevelopmentMidwestMissouriMultifamilyRetail

Mia Rose Holdings Breaks Ground on $90M Apartment, Retail Development in Suburban St. Louis

by Kristin Harlow

DARDENNE PRAIRIE, MO. — St. Louis-based developer Mia Rose Holdings has broken ground on The Prairie Encore, a $90 million apartment and retail development in the northwest St. Louis suburb of Dardenne Prairie. The property will include 190 luxury apartment units along with a 3,000-square-foot, standalone Sugarfire Smokehouse with sand volleyball and pickleball courts. There will also be a Small Sliders restaurant, an 11,000-square-foot building for Mac-A-Doodles Fine Wine, Beer & Spirits, a Starbucks with a drive-thru, a Circle K convenient store and a 7,500-square-foot animal hospital. Sugarfire and Mac-A-Doodles are scheduled to open late this fall. Starbucks is slated to open in mid-2025, with the multifamily and animal hospital following in fall 2025. The four-story apartment building will feature two interior courtyards, a 3,000-square-foot lobby with a leasing office, coffee bar, kitchen, bar and fitness center and various coworking spaces. Outside, there will be surface parking, a large dog park, resort-style pool and community gathering spaces. Rosemann & Associates was the consulting architect, and Hurford Architects was the project architect. The property manager will be 2B Residential.

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