Property Type

Oracle Partners With Nobu Hospitality on $1.2B Nashville Headquarters Campus

by Taylor Williams October 13, 2025

NASHVILLE, TENN. — Oracle Corp. (NYSE: ORCL) has partnered with Nobu Hospitality, a Miami Beach, Fla.-based operator whose concept is rooted in Japanese culture, for a new hotel and restaurant on its new corporate headquarters campus in Nashville. According to local media outlet The Tennessean, Oracle’s Nashville project is valued at roughly $1.2 billion. Designed in collaboration with architecture firm Foster + Partners, the new hotel will feature 120 rooms and suites. Guests will have access to a Nobu restaurant on the lobby level, as well as flexible meeting and event spaces for both intimate gatherings and larger occasions. The hotel will also offer a lobby café, fitness center and spa facilities and a rooftop infinity rooftop pool with curated food-and-beverage service. “We’re excited to bring the Nobu lifestyle to Nashville’s East Bank, a vibrant district ready for growth,” says Trevor Horwell, CEO of Nobu Hospitality. “After much anticipation and requests from our loyal Nobu customers, partnering with Oracle is a perfect match. Nashville’s rich culture and culinary scene make it an ideal home for Nobu, and we can’t wait to create a destination that embodies the city’s spirit and our unique experience.” Oracle, an IT company known for its …

October 13, 2025

Industrial Kentucky Market Reports Southeast Southeast Market Reports

Louisville’s Industrial Market: Steady, Sturdy and Poised for Growth

by John Nelson October 13, 2025

Louisville’s industrial market stands out as a steady force, resisting the fluctuations often seen in surrounding Midwest cities such as Cincinnati, Columbus and St. Louis. Midyear figures show Louisville’s year-over-year rent growth exceeding the national percentage and its vacancy rate 340 basis points below the national rate, both signs of a healthy market. Additionally, Louisville’s recognition in national trade publications and recent announcements of General Electric/Haier and Ford’s electric vehicle (EV) investment at its Louisville Assembly Plant suggests positive future job growth. A sturdy foundation Louisville’s centralized location has helped secure its place as a major logistical powerhouse and develop relationships with major industrial business players such as UPS, Ford and General Electric. UPS announced its first expansion into Louisville in 1981 and has continued to grow its operations since, including the recently opened $100 million automated medical labs shipping facility. Ford also continues to invest in Louisville, recently leasing a 567,433-square-foot facility in Southern Indiana and a 426,300-square-foot facility in Louisville’s Bullitt County submarket just south of Louisville Muhammad Ali International Airport. Additionally, General Electric/Haier will move washer/dryer manufacturing processes to Louisville, creating 800 new jobs and confirming Haier’s Louisville manufacturing operations as its global hub. A resilient market …

October 13, 2025

Development Michigan Midwest Mixed-Use Office

Bedrock Delivers 12-Story Office Building at $1B Hudson’s Detroit Development

by Kristin Harlow October 10, 2025

DETROIT — Bedrock has completed the 12-story office building at 1240 Woodward Ave. that is part of the Hudson’s Detroit development. Designed by SHoP Architects, the building adds more than 400,000 square feet of Class A office space, retail space, an event venue and a rooftop lounge on the 12th floor that will open in 2026. The project’s 56,000-square-foot event space, dubbed The Department at Hudson’s, opened earlier this year. Bedrock expects to open the 45-story tower component of Hudson’s Detroit in 2027. The 685-foot skyscraper, the second-tallest building in the state, will include dining space, The Detroit EDITION hotel and The Residences at The Detroit EDITION, rounding out the development’s total square footage to 1.5 million square feet. Hudson’s Detroit is the redevelopment of the former J.L. Hudson Department Store, which once stood as the tallest department store in the world, according to Bedrock. The store shuttered in 1983 and was imploded in 1998, according to Crain’s Detroit Business. Construction on Hudson’s Detroit began in December 2017. The development faced design changes, delays and project costs that ballooned to more than $1 billion. “Ten years in the making, Hudson’s Detroit is elevating downtown and creating space for the …

October 10, 2025

Loans Midwest Multifamily Wisconsin

MMCC Arranges $18M in Financing for Multifamily Property Near Green Bay

by Kristin Harlow October 10, 2025

ASHWAUBENON, WIS. — Marcus & Millichap Capital Corp. (MMCC) has arranged $18 million in financing for The Common Place, an 88-unit multifamily property located at 686 Mike McCarthy Way in Ashwaubenon, a suburb of Green Bay. The property is located in the city’s Sports & Entertainment District, blocks away from Lambeau Field and Titletown. Odyssey Climbing & Fitness occupies the first floor of the building. Units range from studios to two-bedroom floor plans, and amenities include a courtyard and bike storage. Robert Bhat of MMCC arranged the five-year, nonrecourse CMBS loan with a national bank. The loan features a 70 percent loan-to-value ratio, 6.45 percent interest rate and interest-only payments for the full term.

October 10, 2025

Acquisitions Multifamily Student Housing Texas Walker & Dunlop

Walker & Dunlop Brokers Sale of 769-Bed Student Housing Property Near Texas A&M University

by Taylor Williams October 10, 2025

COLLEGE STATION, TEXAS — Walker & Dunlop has brokered the sale of The Woodlands of College Station, a 769-bed student housing property located near the Texas A&M University campus in College Station. Completed in 2006, the community offers 276 units and amenities such as a pool, fitness center, basketball and volleyball courts, study lounges and shuttle service to campus. Chris Epp, Matthew Chase, Craig Miller, Holden Penn, Ben Sarna, Sarah Foronda, Naomi Bludworth, Will Baker, William Shell, Jonathan Schwartz, Michael Ianno, Sean Reimer, Mike Shropshire and Doug McDaniel of Walker & Dunlop represented the seller, Interwest Capital, in the transaction. Walker & Dunlop also arranged an undisclosed amount of acquisition financing on behalf of the undisclosed buyer.

October 10, 2025

Development Indiana Industrial Midwest

Graycor Completes 171,000 SF Amazon Distribution Center in Elkhart, Indiana

by Kristin Harlow October 10, 2025

ELKHART, IND. — Graycor has completed a 171,000-square-foot distribution center for Amazon at 2675 Aeroplex Drive in Elkhart. The facility, dubbed DII5, will be Amazon’s first owner-occupied mass timber delivery station, with the project seeking Zero Carbon Certification from the Living Future. The 39-acre project features mass timber construction as opposed to traditional concrete and structural steel. ZGF was responsible for the building design, and Atlantic AE served as the architect of record throughout construction. More than 200 Amazon and contract employees will work at the facility handling local fulfillment.

October 10, 2025

Acquisitions Illinois Industrial Lee & Associates Midwest

Lee & Associates Negotiates Sale of 131,811 SF Industrial Facility in Metro Chicago

by Kristin Harlow October 10, 2025

BELVIDERE, ILL. — Lee & Associates of Illinois has negotiated the sale of a 131,811-square-foot industrial building in the Chicago suburb of Belvidere. The property is located on 27.8 acres at 2964 Newburg Road. Jeff Galante of Lee & Associates represented the buyer, NexGen Manufacturing. Al Caruana of Cushman & Wakefield the seller, an entity doing business as 2964 Newburg Road LLC. The transaction marks the largest user sale in the Rockford submarket in the third quarter, according to Lee & Associates.

October 10, 2025

Acquisitions Illinois Midwest Office

SVN Chicago, Capital Real Estate Broker Sale of 53,818 SF Office Building in Aurora, Illinois

by Kristin Harlow October 10, 2025

AURORA, ILL. — SVN Chicago Commercial’s Next Level Team, in collaboration with Capital Real Estate Partners, have brokered the sale of a 53,818-square-foot office building in Aurora. The property at 711 N. Commons Drive was sold vacant. Jennifer Hopkins and Olivia Czyzynski of SVN Chicago Commercial and Jay Scholten and Scott Fedyski of Capital Real Estate represented the seller, Liberty Commons NFP. Adam Johnson of NAI Hiffman represented the buyer. The asset garnered five qualified offers and went under contract within three months of hitting the market.

October 10, 2025

Loans Multifamily Texas

Concord Summit Arranges $34M Bridge Loan for New Waco Apartment Complex

by Taylor Williams October 10, 2025

WACO, TEXAS — Concord Summit Capital, a South Florida-based financial intermediary, has arranged a $34 million bridge loan for Zoe Apartments, a 214-unit multifamily complex in Waco. Completed in 2024, Zoe Apartments consists of six three-story residential buildings on a 10.3-acre site. Units come in one- and two-bedroom floor plans, and amenities include a pool, clubhouse, outdoor grilling and dining areas, two pickleball courts and a dog park. David Larson and Keegan Burger of Concord Summit arranged the loan on behalf of the owner, Utah-based Surge Investment Group.

October 10, 2025

Acquisitions Multifamily Seniors Housing Texas

Blueprint Negotiates Sale of 469-Bed Skilled Nursing Portfolio in Texas

by Taylor Williams October 10, 2025

CHICAGO — Blueprint HCRE, a Chicago-based seniors housing brokerage firm, has negotiated the sale of a portfolio of five skilled nursing facilities totaling 469 beds in Texas. The names and locations of the properties were not disclosed. The portfolio was 71 percent occupied at the time of sale. A skilled nursing owner and operator acquired the portfolio for an undisclosed price. Amy Sitzman and Giancarlo Riso of Blueprint arranged the sale on behalf of the seller, which also requested anonymity.

October 10, 2025

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