Sunday, February 1, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

CaliforniaDevelopmentMultifamilySeniors HousingWestern

CCI to Develop Livelle Mulholland Seniors Housing Property in Woodland Hills, California

by Amy Works

WOODLAND HILLS, CALIF. — CCI is slated to break ground in second-quarter 2026 for the development of Livelle Mulholland, a seniors housing property in Woodland Hills. Located at the corner of Mulholland Drive and Valmar Road, Livelle Mulholland will feature more than 200 independent living apartments, seven villas, 16 assisted living apartments and 13 memory care units. Community amenities will include a wellness center with fitness and therapy pools, natural trails and outdoor game courts, underground and attached garage parking, a gourmet restaurant, wine bar/rooftop lounge, indoor and outdoor theaters and classrooms. LCS will manage the property, which is slated to open in the second half of 2028. Project partners include Perkins Eastman as architect, KPFF as engineer, Envicom as environmental and land planner, LRM as landscape architect, Carlberg Associates as horticulturist and Brenner Consulting Group as permit administrator.

Continue Reading
FacebookTwitterLinkedinEmail
The-Shops-Laguna-Reserve-Elk-Grove-CA
AcquisitionsCaliforniaRetailWestern

Hanley Investment Group Negotiates $19.2M Sale of Retail Center in Elk Grove, California

by Amy Works

ELK GROVE, CALIF. — Hanley Investment Group Real Estate Advisors has directed the purchase of The Shops at Laguna Reserve, a fully leased, 33,308-square-foot retail center in Elk Grove. Los Angeles-based Bershon Realty Co. acquired the property from a Roseville, Calif.-based private investor for $19.2 million. Located at 10040-10064 Bruceville Road, The Shops at Laguna Reserve spans four parcels totaling 4.1 acres at the hard-corner, signalized intersection of Whitelock Parkway and Bruceville Road. The property’s six pad buildings were constructed in 2005, with the addition of Safeway in 2024. Current tenants include Starbucks Coffee, Pacific Dental, Bank of America, Round Table Pizza, a nail salon, dry cleaners, pet hospital, pet groomer and specialty food shops. Bill Asher and Jeremy McChesney of Hanley Investment Group represented the buyer, while Adam Rainey, Pat Ronan and Aman Bains of Gallelli Real Estate represented the seller in the deal. The sale included the fee-simple interest in the six buildings and underlying land. Safeway was not part of the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsCaliforniaMultifamilySeniors HousingWestern

SLIB Brokers Sale of 132-Unit Seniors Housing Community in Brentwood, California

by Amy Works

BRENTWOOD, CALIF. — Senior Living Investment Brokerage (SLIB) has brokered the sale of Westmont of Brentwood, a 132-unit community in Northern California. Built in 2007 and situated on 4.5 acres approximately 45 miles east of Oakland, Calif., the property offers independent living, assisted living and memory care services. The sales price was not disclosed. The buyer, an unnamed private equity group with a background in seniors housing, is partnering with an established West Coast operator that is expanding its presence in California. With the sale of Westmont of Brentwood, the unnamed seller has exited the space. Brad Goodsell, Jason Punzel, Vince Viverito, Jake Anderson and Taylor Graham of SLIB handled the transaction. 

Continue Reading
FacebookTwitterLinkedinEmail
8905-S-Pecos-Rd-Henderson-NV
AcquisitionsNevadaOfficeWestern

Pecos Beltway Holdings Sells Two Office Buildings in Henderson, Nevada for $5.9M

by Amy Works

HENDERSON, NEV. — Pecos Beltway Holdings LLC has completed the sale of two single-story office buildings within Pecos 215 Plaza in Henderson. A private buyer acquired the multi-tenant property for $5.9 million. Located at 8905 and 8935 S. Pecos Road, the asset offers 21,908 square feet of office space. Michael Hsu of CBRE represented the seller in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
HospitalityIllinoisLoansMidwest

Walker & Dunlop Arranges $92M Refinancing for Hiltons at McCormick Place Hotel in Chicago

by Kristin Harlow

CHICAGO — Walker & Dunlop Inc. has arranged a $92 million loan for the refinancing of the Hiltons at McCormick Place, a tri-branded hotel connected to the McCormick Place Convention Center in Chicago. The 23-story, 466-room property is the first and only tri-branded Hilton select-service hotel in the United States, combining Hilton Garden Inn, Hampton Inn and Home2 Suites offerings. The concept unites two of Hilton’s upscale select-service brands with an extended-stay concept. Guests have access to two hotel-operated food and beverage outlets, three ground-floor food and beverage offerings, an indoor pool, fitness center and attached skybridge. Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Dustin Stolly, Jordan Casella and Cole Grims of Walker & Dunlop arranged the loan on behalf of McHugh Enterprises Inc. and First Investors LLC. Access Point Financial Inc. provided the floating-rate loan, which features interest-only payments.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialMidwestWisconsin

McShane Completes 372,000 SF Manufacturing Facility for Schuetz Container Systems in Kenosha, Wisconsin

by Kristin Harlow

KENOSHA, WIS. — McShane Construction Co. has completed a build-to-suit manufacturing and distribution facility for Schuetz Container Systems in Kenosha. The manufacturer of industrial packaging is part of Germany-based Schütz Group. McShane provided design-build services for the 372,000-square-foot building, which offers a clear height of 40 feet, 48 truck docks, four drive-in doors, 245 trailer parking spaces and six 4,000-amp power services. The project also includes a two-story, 14,000-square-foot office, mezzanines throughout the manufacturing areas and four interior cranes to assist with equipment installation and moving materials. McShane also completed a railroad extension, bringing three rail lines to the site. Harris Architects served as the architect.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMidwestMinnesotaMultifamily

Trident Development to Break Ground on 135-Unit Orchard Place Apartments in Metro Twin Cities

by Kristin Harlow

APPLE VALLEY, MINN. — Trident Development is scheduled to break ground on Orchard Place Apartments, a 135-unit development in the Twin Cities suburb of Apple Valley, on Wednesday, Oct. 29. The four-story building will feature studio, one-, two- and three-bedroom options. Preleasing is set to begin in fall 2026 with units ready for occupancy by late 2026. Amenities will include a 24-hour fitness center and yoga studio, sport court, business center, rooftop patio, sky lounge, central courtyard, dog park, children’s play area and walking paths. Project partners include Lyon Contracting Inc., Cole Group Architects, Village Green and Orchard Place Partners LLC.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialKansasMidwest

Gordon Brothers Acquires Former Heartland Coca-Cola Production Facility in Lenexa, Kansas

by Kristin Harlow

LENEXA, KAN. — Gordon Brothers has acquired the former Heartland Coca-Cola production facility in Lenexa. Heartland Coca-Cola has expanded its operations to a larger facility, and the production assets and property in Lenexa were no longer required. Gordon Brothers plans to decommission and sell the existing bottling equipment with the firm’s auction partner, New Mill Capital, followed by capital improvements to enhance the property’s marketability for future sale or lease. The machinery and equipment auction begins closing Wednesday, Nov. 12. The property includes a 186,073-square-foot building situated on nearly 9 acres with a clear height of 18 feet, 22 dock-high doors, two drive-in doors and 11,000 amps via three electrical services. Gordon Brothers has retained Kessinger Hunter to provide construction management, property management and brokerage services to re-tenant or sell the building. The building will hit the market in the coming months. The Kessinger Hunter team includes Kurt Jensen, Stewart Jensen and Dan Jensen.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIllinoisMidwestRetail

Krusinski Construction Delivers 14,446 SF Daycare Center in South Elgin, Illinois

by Kristin Harlow

SOUTH ELGIN, ILL. — Krusinski Construction Co. (KCC) has delivered a 14,446-square-foot daycare center for BrightPath Early Learning and Child Care in South Elgin. The project involved the transformation of the first floor of the Medical and Legal Arts Building and marked KCC’s first for BrightPath, part of Busy Bees North America, which operates more than 240 centers across the U.S. and Canada.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityTexas

Mester Lighting Signs 37,090 SF Industrial Lease Expansion in Stafford, Texas

by Taylor Williams

STAFFORD, TEXAS — Mester Lighting Corp. has signed a 37,090-square-foot industrial lease expansion in Stafford, a southwestern suburb of Houston. According to LoopNet Inc., the building at 10643 W. Airport Blvd. totals 62,050 square feet. Garret Geaccone and Jon Farris of Stream Realty Partners represented the landlord, Ares Management Corp., in the lease negotiations. David Buescher of JLL represented the tenant.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts