Property Type

NEW YORK CITY — Marcus & Millichap has brokered the $7 million sale of a 3,965-square-foot mixed-use building in Manhattan’s West Village. The building at 304 Bleecker St. consists of four newly renovated, market-rate apartments and a 1,550-square-foot retail space that is leased to Joe & the Juice. John Stewart and Dylan Torey of Marcus & Millichap represented the seller, HUBB NYC, in the transaction and procured the buyer, a private investor.

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NEW YORK CITY — CIGNA has signed a 32,700-square-foot office lease renewal at 2 Grand Central in Midtown Manhattan. The insurance giant is relocating its offices at the base of the building to two full upper floors. Anthony Dattoma of CBRE represented CIGNA in the lease negotiations. Paul Amrich, Neil King, Meghan Allen, Alexander Golod and James Ackerson, also with CBRE, represented the undisclosed landlord.

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MIAMI — Los Angeles-based CIM Group, through its CIM Real Estate Debt Solutions business, has provided a $154 million loan for the refinancing of 2 and 3 MiamiCentral, two adjacent office towers in downtown Miami. Eastdil Secured arranged the financing on behalf of the borrower, Blackstone, which acquired the office towers in 2021. Built in 2018, 2 and 3 MiamiCentral span 17 and 12 stories, respectively, and total approximately 339,000 square feet of commercial space, including a Publix grocery store. Amenities include wellness and fitness facilities, an outdoor roof deck, private work lounges and conferencing space, concierge services, valet parking and secure access to 1,357 structured parking spaces. In addition to owning 2 and 3 MiamiCentral, Blackstone is also an office tenant. The towers anchor MiamiCentral, a mixed-use development adjacent to the MiamiCentral Station transit hub that includes more than 800 luxury residential units, an 18,000-square-foot food hall, a Starbucks and Chick-fil-A.

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SAVANNAH, GA. — Affinius Capital has originated a $70.2 million loan for the refinancing of Terminal East, a two-building industrial property in north Savannah spanning 915,000 square feet. John Rose and Bobby Norwood of JLL arranged the loan on behalf of the borrower, a fund advised by Crow Holdings Capital. Additional terms of the financing were not released. Situated near the Port of Savannah and the I-95/I-16 corridor, Terminal East comprises a 180,000-square-foot facility with 32-foot clear heights and a 735,000-square-foot facility with 36-foot clear heights. Combined the buildings feature 231 trailer stalls and 198 dock-high doors.

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TAMPA, FLA. — A public-private partnership between RISE and the University of Tampa is set to break ground on an 833-bed residence hall project located at the corner of South Boulevard and Cleveland Street in Tampa. RISE will finance and construct the building, which is scheduled for completion in fall 2028. The university will own and operate the residence hall, with RISE managing building maintenance and custodial services. The development team includes Niles Bolton Associates and Juneau Construction. The 11-story community is designed for first- and second-year students and will offer suite-style units with shared living spaces. Amenities will include study lounges, two common rooms, dining facilities, bicycle storage and surface-level parking. The project will also include improvements to the surrounding infrastructure, such as enhanced pedestrian and cyclist pathways along South Boulevard and an upgraded Hillsborough Transit Authority (HART) bus shelter at Cleveland Street and Fielding Avenue.

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CHARLOTTE, N.C. — Sumitomo Mitsui Banking Corp. (SMBC Group), one of Japan’s largest financial institutions, has announced it is bringing approximately 2,000 new jobs to Charlotte. The Tokyo-based banking firm is investing $50.5 million over the next six years to establish its second North American headquarters, according to the office of North Carolina Gov. Josh Stein. The governor and North Carolina economic development officials met with SMBC leadership at a Tokyo conference in fall 2025 as part of the deal. Specific details of the new hub were not disclosed, but Charlotte Business Journal reports that SMBC Group will occupy more than 200,000 square feet of office space at 301 South College, a 42-story tower in the city’s Uptown district formerly known as One Wells Fargo Center. The outlet reports that SMBC will sublease space that Wells Fargo vacated in 2024.

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450-Forest-Park-Blvd-Oxnard-CA

OXNARD, CALIF. — JLL Capital Markets has secured $55.7 million in financing for the acquisition of Tempo at Riverpark in Oxnard. The borrower is Hines U.S. Property Partners, Hines’ flagship commingled U.S. core plus fund. Kevin Mackenzie, Annie Rice, Brandon Smith, Gyasi Edmondson and Alyssa Malley of JLL arranged the five-year loan through a bank for the borrower. Located at 450 Forest Park Blvd., Tempo at Riverpark features 235 apartments with in-unit laundry, stainless steel appliances and private patios or balconies. Community amenities include a 24-hour fitness center, luxury pool and spa, resort-style cabana seating, resident lounge with gas fireplace and private garages for select units. Built in 20216, the property was 95.7 percent occupied as of December 2025.

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LYNNWOOD, WASH. — American Capital Group (ACG) and Clarion Partners have completed Enso Apartments in Lynnwood. Located at 19630 40th Ave. W., Enso Apartments features 316 studio, one-, two- and three-bedroom floor plans with in-home air conditioning. The property features 3,950 square feet of retail space, a central courtyard, fitness center, yoga studio, game zone, coworking spaces and sky lounges with mountain views.

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6714-Faith-Dr-Cheyenne-WY.jpg

CHEYENNE, WYO. —Brinkman Real Estate, in partnership with ATLAS Capital Partners, has acquired Pointe Plaza Apartments in Cheyenne for an undisclosed price. Constructed between 2017 and 2022, Pointe Plaza features 123 apartments at 6714 Faith Drive. The new owners plan to implement a hands-on asset management approach to enhance operational efficiency, strengthen leasing and residential retention and optimize ancillary income through market-based fee strategies.

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7611-Shaffer-Pky-Littleton-CO

LITTLETON, COLO. — Avatar Financial Group has provided a $5.1 million bridge loan secured by Hampton Inn & Suites Denver-Littleton. The two-year loan, structured at a 53 percent loan-to-value ratio, retired a maturing bank loan and gave the sponsor time to finalize a new Hilton Property Improvement Plan (PIP) for the asset. Built in 2006 and partially renovated in 2019, the four-story, 58,458-square-foot select-service hotel features 89 suites, 2,500 square feet of meeting space, an indoor pool and spa, a fitness center, an outdoor patio and other guest amenities. The property is situated on 2.8 acres at 7611 Shaffer Parkway. Once the PIP is finalized, the sponsor plans to secure financing for the required improvements and contribute fresh equity to the property, which would retire Avatar’s loan in full.

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