Property Type

AJ Capital Obtains $475M Construction Loan for Mixed-Use Redevelopment in Nashville

by John Nelson January 28, 2026

NASHVILLE, TENN. — AJ Capital Partners has obtained a $475 million construction loan for Belle Meade Village, a 15.5-acre retail and residential village underway in Nashville. Located on the border of Belle Meade, Tenn., the project is a redevelopment of an under-utilized shopping center. Raymond James Real Estate Investment Banking arranged the financing through Barings on behalf of AJ Capital. Belle Meade Village will feature 1 Iris Lane, The Residences at Belle Meade Village, which are a pair of two 46-unit condominium buildings. The condos have a starting price of $3 million and come in one- to four-bedroom layouts. Residents have access to 16,000 square feet of amenity space, including high-end fitness and wellness features and private wine and cigar rooms, among other attractions. The project also includes a five-acre private park and a central courtyard space with an antique carousel surrounded by a seven-building retail village that will feature local and global brands, a private members’ club and a boutique hotel. AJ Capital broke ground on Belle Meade Village last October, with plans to wrap up construction by 2028. The design-build team includes Meyer Davis (interior design for 1 Iris Lane), Brasfield & Gorrie (general contractor), Barge Civil Associates …

January 28, 2026

Acquisitions Georgia Multifamily Southeast

Milestone Group Purchases 266-Unit Apartment Community in Canton, Georgia

by John Nelson January 28, 2026

CANTON, GA. — The Milestone Group has purchased Legends at Laurel Canyon, a 266-unit, garden-style apartment community located at 100 Legends Drive in Canton, about 43 miles north of Atlanta. The seller and sales price were not disclosed. Built in 2020, Legends at Laurel Canyon offers one-, two- and three-bedroom units averaging 1,227 square feet in size. Amenities include a clubhouse, fitness center, resort-style saltwater pool, gated access, Amazon Hub Lockers, car care center, bike racks and a pet park and spa.

January 28, 2026

Acquisitions Retail Southeast Tennessee

Marcus & Millichap Arranges Sale of 86,584 SF Store in Knoxville Leased to Kohl’s

by John Nelson January 28, 2026

KNOXVILLE, TENN. — Marcus & Millichap has arranged the sale of an 86,584-square-foot store located at 5312 Washington Pike in Knoxville. Kohl’s has fully occupied the freestanding building on a triple-net lease since it was constructed in 1997. A Sephora store-within-a-store was added to the Kohl’s in 2023. The property is situated on 32.7 acres about eight miles from downtown Knoxville and the University of Tennessee. Andrew Antoniou and Dominic Sulo of Marcus & Millichap’s Chicago/Oak Brook office represented the undisclosed seller in the transaction. Jody McKibben served as Marcus & Millichap’s Tennessee broker of record for the deal. The buyer, a locally based investor, purchased the store for an undisclosed price.

January 28, 2026

Acquisitions Industrial Kentucky Southeast

Brennan Acquires 56,000 SF Industrial Facility in Hebron, Kentucky in Sale-Leaseback Deal

by John Nelson January 28, 2026

HEBRON, KY. — Brennan Investment Group has acquired a 56,000-square-foot industrial facility located at 1010 Petersburg Road in Hebron, about two miles south of Cincinnati/Northern Kentucky International Airport. The facility is situated on more than five acres within Airpark International Corridor, a master-planned industrial park. The Chicago-based investment firm purchased the facility in a sale-leaseback deal with the tenant, a rubber and plastics manufacturer that has occupied the facility for more than 10 years. The sales price and lease terms were not disclosed.

January 28, 2026

Acquisitions California Retail Western

Brixton Capital Buys Quad at Whittier Shopping Center in California for $100M

by Amy Works January 28, 2026

WHITTIER, CALIF. — Brixton Capital has acquired The Quad at Whittier, a nine-building shopping center in Whittier, from an undisclosed seller for $100 million. Located at 13400-13582 Whittier Blvd. and 8415-8330 Painter Ave., the 314,593-square-foot property was 95.5 percent occupied at the time of sale. Current tenants include Vallarta Supermarkets, Marshalls, Ross Dress for Less, T.J. Maxx, Dollar Tree, Petco, Michaels, Five Below and Burlington. The retail center was originally constructed in 1953 and expanded in 1965 with renovations completed over time. Chase Levra and Chris Hoffmann of Eastdil Secured represented the seller, while Brixton was self-represented in the transaction. With this acquisition, Brixton’s retail holdings in Southern California amount to approximately 1.2 million square feet.

January 28, 2026

California Loans Mixed-Use Office Restaurant Retail Western

CBRE Arranges $57.6M Refinancing for First Street Napa Mixed-Use Property in California

by Amy Works January 28, 2026

NAPA, CALIF. — CBRE has arranged a $57.6 million loan for the refinancing of First Street Napa, a Class A mixed-use property in downtown Napa. Brad Zampa and Andy Gross of CBRE secured the loan through Knighthead Funding on behalf of the borrower, Zapolski Real Estate. Located at 1300 First St., the property features 163,000 square feet of retail, dining, tasting rooms and office space across six buildings. First Street Napa is currently 88 percent leased to a variety of tenants, including Lululemon, Compass, Free People and Silicon Valley Bank, with new retail additions to include Blue Bottle Coffee, Daily Recess and the Don Perico restaurant.

January 28, 2026

Acquisitions California Office Western

Partnership Acquires 206,000 SF Terraces Office Building in San Diego’s Kearny Mesa

by Amy Works January 28, 2026

SAN DIEGO — Tryperion Holdings, in partnership with a joint venture between Crescent Coast Partners and Stop Partners, has purchased Terraces, a Class A office building in San Diego’s Kearny Mesa submarket. The partnership acquired the six-story property for $30 million in an all-cash transaction that closed on Dec. 19. Situated on 14.7 acres at 5887 Copley Drive, Terraces features 206,000 square feet of office space with average floor plates of approximately 34,288 square feet. The new ownership plans to implement a targeted capital improvement program, beginning with enhancements to common areas and upgrades to the vacant suites. The building features secure, covered parking via a multi-story parking structure and a comprehensive amenity package, including a full-service café, fitness center with showers and lockers, conference facilities, outdoor terraces on floors three through six, a putting green and a sports court. Rick Reeder and Brad Tecca of Newmark represented the undisclosed seller, while Crescent Coast Partners and Stos Partners were self-represented in the transaction. Leasing efforts will continue to be led by Brett Ward, Michael Cassolato and Mike Novkov of Cushman & Wakefield.

January 28, 2026

Affordable Housing Colorado Development Multifamily Western

ULC Opens Ground-Up Affordable Housing Development in Denver

by Amy Works January 28, 2026

DENVER — Urban Land Conservancy (ULC), a Denver-based affordable housing nonprofit, has completed construction and opened The Irving at Mile High Vista in Denver’s West Colfax neighborhood. Located at 3.270 W. Colfax Ave., the 102-unit community serves households earning up to 20 to 80 percent of area median income. With ULC’s ownership of the land through a community land trust, affordability is guaranteed for 99 years. The Irving is adjacent to the Denver Public Library’s Corky Gonzales branch. The architect was Studio Completiva, and the general contractor was Pinkard Construction. The project is ULC’s first ground-up development. The land stewardship group acquired the property in 2010.

January 28, 2026

Acquisitions Industrial Midwest Wisconsin

Barry Co. Brokers Sale of 248,098 SF Warehouse Formerly Occupied by Jelly Belly in Southeast Wisconsin

by Kristin Harlow January 28, 2026

PLEASANT PRAIRIE, WIS. — The Barry Co. has brokered the sale of the former warehouse and retail facility for Jelly Belly in Pleasant Prairie. The candy company closed its operations at the property in 2020. The facility is now occupied by Rust-Oleum and SMT Packaging, tenants that were procured by Barry Co. after Jelly Belly moved. Kevin Barry and David Buckley of Barry Co. represented the undisclosed seller. The buyer was 9th and Main LLC.

January 28, 2026

Civic Development Midwest Minnesota

Kraus-Anderson Completes $29.8M Public Works Facility in Mankato, Minnesota

by Kristin Harlow January 28, 2026

MANKATO, MINN. — Kraus-Anderson has completed a new public works facility for Blue Earth County on a 40-acre greenfield site in Mankato, a city in southern Minnesota. Designed by ISG Architects, the $29.8 million facility features an 89,363-square-foot main building with office space, an exercise room, shop areas, locker rooms, garage parking, three overhead cranes and a multipurpose room for county and public use. The project also includes a 30,000-square-foot vehicle storage building, an 1,100-square-foot fuel island and a 14,000-square-foot salt and sand storage building with a 90,000-gallon water tank to supplement the fire suppression system for the campus. Construction began in October 2024.

January 28, 2026

Newer Posts

Older Posts