Property Type

Partnership to Undertake 254-Unit Affordable Housing Redevelopment in Buffalo

by Taylor Williams February 13, 2026

BUFFALO, N.Y. — A partnership between Chicago-based developer The Habitat Co., New York City-based investment and advisory firm Duvernay + Brooks and an affiliate of the Buffalo Municipal Housing Authority will undertake a 254-unit affordable housing redevelopment. Known as Marine Drive Apartments, the project represents Phase I of a larger, $600 million redevelopment of Buffalo’s historic waterfront district. The project will replace a seven-building, 616-unit complex that was built in the 1950s with 700 new units of affordable housing. Information on rent restrictions and floor plans was not disclosed. The redevelopment will also feature 5,000 square feet of retail and commercial space, a new community center, landscaped green spaces and a public plaza.

February 13, 2026

Loans Massachusetts Multifamily Northeast

JLL Arranges $23M Loan for Refinancing of Cambridge Apartment Building

by Taylor Williams February 13, 2026

CAMBRIDGE, MASS. — JLL has arranged a $23 million loan for the refinancing of a 65-unit apartment building in Cambridge. The seven-story building at 1008 Mass Ave. was completed in 1999 and offers studio, one- and two-bedroom units, as well as ground-floor retail space. Amenities include a fitness center and a sundeck. Anthony Cutone, Madeline Joyce and Michael Schwarze of JLL arranged the loan through Manulife / John Hancock Life Insurance Co. The borrower was not disclosed. Boston Residential Group provided support for the transaction.

February 13, 2026

Leasing Activity New York Northeast Office

Thompson Coburn Signs 46,000 SF Office Lease Renewal in Midtown Manhattan

by Taylor Williams February 13, 2026

NEW YORK CITY — Thompson Coburn LLP has signed a 46,000-square-foot office lease renewal in Midtown Manhattan. The national law firm will continue to occupy the entire 14th and 15th floors of 488 Madison Avenue, a 447,000-square-foot building, where it has been a tenant since 2002. Andrew Wiener, Tim Parlante and Kyle Young represented the landlord, The Feil Organization, in the lease negotiations on an internal basis. Joe Learner and Jarod Stern of Savills, along with Chris Kraus of JLL, represented Thompson Coburn, which will undertake a full redesign of its spaces as part of the deal.

February 13, 2026

Development Illinois Industrial Midwest

Brennan Investment Group to Build 140,340 SF Food Processing Facility for Tovala in Winfield, Illinois

by Kristin Harlow February 13, 2026

WINFIELD, ILL. — Brennan Investment Group has signed a long-term lease with Tovala for a new 140,340-square-foot food processing facility in Winfield. Construction on the build-to-suit project is scheduled to commence in March. Completion is slated for the second quarter of 2027. The project represents Brennan’s fourth build-to-suit development in the food service sector. Founded in 2015, Tovala is a meal delivery service. Tod Greenwood, Jack Brennan and Larry DiVito represented Brennan on an internal basis. Jonathan Kohn of Colliers represented Tovala.

February 13, 2026

Development Midwest Multifamily Ohio Seniors Housing

Evergreen Real Estate Group Breaks Ground on 120-Unit Affordable Assisted Living Community in Ohio

by Kristin Harlow February 13, 2026

HOLLAND, OHIO — Evergreen Real Estate Group has broken ground on Green Oaks of Holland, a four-story, 120-unit affordable assisted living community in Holland near Toledo. Site work is underway, with completion and opening anticipated in March 2027. Located at 6650 N. Mall Drive, Green Oaks of Holland will feature 67 studio and 53 one-bedroom apartments. Assisted living provider Gardant Management Solutions will manage the property, which will be licensed as a residential care facility by the Ohio Department of Health (ODH) and approved as a Medicaid-assisted living service provider through the Ohio Department of Aging (ODA). The project is one of the first purpose-built affordable assisted living developments to break ground in Ohio, according to Evergreen, and is being completed in partnership with Ohio Housing Finance Agency (OHFA), Ohio Department of Medicaid, ODA and ODH. Each unit will offer a kitchenette with a sink, refrigerator and microwave, with the flexibility to be upgraded to a full kitchen if needed. Units will also include a full private bathroom with a shower and grab bars, living and/or bedroom space, individual heating and air conditioning and an emergency alert system. Amenities will include a large dining room with a commercial kitchen providing …

February 13, 2026

Acquisitions Industrial Midwest Minnesota

Brisky Net Lease Arranges $10.3M Sale-Leaseback of Minnesota Industrial Property

by Kristin Harlow February 13, 2026

GOLDEN VALLEY, MINN. — Brisky Net Lease has arranged the $10.3 million sale-leaseback of a single-tenant industrial property occupied by Process Displays in Golden Valley. Brian Brisky represented the buyer, while Jordan Greenberg of SpaceNet Equities LLC represented the seller. The user has a new 15-year absolute triple net lease with zero landlord responsibilities and annual rent increases. The property is situated within a well-established industrial park.

February 13, 2026

Loans North Carolina Office Southeast

CBRE Arranges $178M Refinancing for 110 East Office Tower in Charlotte’s South End

by Abby Cox February 13, 2026

CHARLOTTE, N.C. — CBRE has arranged nearly $178 million in refinancing for 110 East, a 23-story office tower located in Charlotte’s South End district. J.P. Cordeiro, Mike Ryan, Richard Henry and Blake Cohen of CBRE arranged the loan through AllianceBernstein on behalf of the ownership group, Shorenstein and Stiles. Delivered in 2024, the 389,954-square-foot office property has direct access to the LYNX Blue Line’s East/West light rail station and features an 11th floor sky lobby, outdoor terrace and a fitness center. 110 East is currently 92.6 percent leased to various tenants such as Coinbase and First Horizon Corp.

February 13, 2026

Acquisitions Midwest Missouri Retail

Block & Co. Brokers Sale of 9,500 SF Retail Strip Center in Belton, Missouri

by Kristin Harlow February 13, 2026

BELTON, MO. — Block & Co. Inc. Realtors has brokered the sale of Belton Center, a 9,500-square-foot retail strip center in Belton. Block & Co. principals played a key role in the property’s original development in 2002 and have served as the ownership and property management company since its completion. The seller was the original owner of the center, and this transaction marks the first sale of the fully leased property since it was built. Block & Co. will continue to provide leasing and property management services for the new ownership. David Block, Zachary Albrecht and Grant Summers of Block & Co. represented the seller. The buyer was an out-of-state investor.

February 13, 2026

Acquisitions Florida Industrial Southeast

Cabot Properties Acquires Two Logistics Portfolios in Florida Totaling More than 1.3 MSF

by Abby Cox February 13, 2026

PALM BEACH COUNTY, FLA. — Cabot Properties has acquired two logistics portfolios totaling 1.3 million square feet in Florida. The portfolios include the McCoy Logistics Center in Orlando, and a three-building logistics property in Palm Beach County. The seller and sales price were not disclosed. Spanning three buildings, the McCoy Logistics Center consists of two rear-load properties and one cross-dock facility totaling 837,115 square feet. Built between 2022 and 2023, the buildings feature dock-level loading, an average 34-foot clear height, 185-foot truck court depths, ESFR sprinkler systems, LED lighting and 555 car parking spaces. The Palm Beach County portfolio spans three rear-load distribution facilities that total 450,505 square feet. The fully leased buildings were built between 2021 and 2023 and include 32-foot clear heights, dock- and grade-level loading, ESFR sprinkler systems, LED lighting and 115- to 185-foot truck court depths.

February 13, 2026

Affordable Housing Development Florida Southeast

Related Urban, Tampa Housing Authority to Open 384-Unit Affordable Housing Community

by Abby Cox February 13, 2026

TAMPA, FLA. — Related Urban Development Group and the Tampa Housing Authority will host a ribbon cutting ceremony on Thursday, Feb. 19, for Canopy at West River, a new 384-unit affordable housing community in Tampa. Delivered in two phases, the community spans four towers and offers a mix of one-, two-, three- and four-bedroom floorplans. Amenities at the complex include a community room with a kitchenette; game room with a TV; business center with computer/internet access; fully equipped fitness centers; smart home technology; electric vehicle (EV) charging stations; and a future NFL Alumni Obstacle Course that “reinforces the development’s focus on active living.” Situated within the larger West River mixed-use development, The Canopy at West River apartments are reserved for residents earning between 22 percent and 80 percent of the area median income (AMI), with long-term affordability supported through a combination of Project-Based Vouchers (PBV), Rental Assistance Demonstration (RAD) programs, National Housing Trust Fund (NHTF) financing and Low-Income Housing Tax Credits (LIHTC).

February 13, 2026

Newer Posts

Older Posts