Wednesday, July 29, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

Jasper-Los-Angeles-CA
CaliforniaDevelopmentMultifamilyWestern

Cityview Completes 296-Unit Jasper Multifamily Project in Los Angeles

by Amy Works

LOS ANGELES — Cityview has completed the development of Jasper, an Opportunity Zone apartment property at 2528 S. Grand Ave. in Los Angeles. Situated adjacent to the University of Southern California, Jasper features 296 studio, one- and two-bedroom floor plans, including 25 units designated very low affordable and three designated moderate-income affordable. The community features two rooftop sky decks with outdoor dining and Korean barbecue grills, an entertainment terrace and views of downtown Los Angeles. Additionally, the property offers a resort-style pool deck with cabanas, loungers and daybeds, a game lawn area, billiards, a built-in outdoor pizza oven and communal spaces for outdoor dining and entertaining. The pet-friendly community also features a two-story club room with a commercial-grade kitchen, business center, dog park and onsite dog spa and wash. Cityview partnered with AC Martin, WPIC Construction, Nadia Geller Design and Labib Funk and Associates on the project.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsCaliforniaIndustrialWestern

North Palisade Partners Acquires Hayward Industrial Outdoor Storage Site in California for $19.7M

by Amy Works

HAYWARD, CALIF. — North Palisade Partners has purchased a nearly 8-acre site at 4125 Breakwater Ave. in Hayward for $19.7 million. The fully leased property is a value-add industrial outdoor storage facility situated at the base of the San Mateo-Hayward Bridge. The acquisition adds an asset with in-place income to the company’s portfolio and offers a potential future redevelopment opportunity. Current tenants at the property include United Rentals, SSS Transport, Outfront Media, American Tower and Crown Castle. Dick Scott of Scott Ventures I represented the buyer, while Jay Hagglund of Cushman & Wakefield represented the undisclosed seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

CenterSquare Acquires 394-Lot Manufactured Housing Development Site in Houston

by Taylor Williams

HOUSTON — CenterSquare Investment Management has acquired Piney Woods, a 394-lot manufactured housing development site in Houston. CenterSquare acquired the site in partnership with manufactured housing operator K8H Ventures. Construction will begin in the coming weeks and is expected to last about a year. Amenities will include a pool, basketball court, playground, walking trails and green spaces.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestRetail

JLL Arranges $13.1M Sale of Mariano’s-Occupied Property in Northfield, Illinois

by Kristin Harlow

NORTHFIELD, ILL. — JLL Capital Markets has arranged the $13.1 million sale of a 47,732-square-foot retail property occupied by Mariano’s in Northfield, a northern suburb of Chicago. Alex Sharrin, Michael Nieder, Mohsin Mirza, Charles Shehan and Caity Tirakian of JLL represented the seller, Stockbridge, and the buyer, Swanson Development Group. Mariano’s has operated at the property at 1822 Willow Road since 2013 with a triple-net lease with multiple renewal options. Mariano’s is a regional supermarket chain with 44 locations throughout Illinois. In 2015, Kroger acquired the chain via Mariano’s parent company Roundy’s.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndianaIndustrialMidwest

Brennan Acquires 68 Acres in Brownsburg, Indiana, Plans to Build Two Industrial Buildings

by Kristin Harlow

BROWNSBURG, IND. — Brennan Investment Group has acquired 68 acres at the intersection of Route 136 and Ronald Reagan Parkway in Brownsburg, a northwest suburb of Indianapolis. Brennan plans to develop two industrial buildings, including a 580,884-square-foot cross-dock facility and a 245,803-square-foot rear-load facility. The site offers close proximity to the Indianapolis International Airport, the FedEx Hub, the UPS Ground Sort Center and the I-465 outer loop. Terms of the transaction and a construction timeline were not provided.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIllinoisIndustrialMidwest

Sterling Bay to Develop 147,500 SF Spec Industrial Facility in Chicago’s Archer Heights

by Kristin Harlow

CHICAGO — Sterling Bay has purchased 4510 W. Ann Lurie Place, a 7.5-acre parcel in Chicago’s Archer Heights neighborhood. The developer plans to build a 147,500-square-foot speculative industrial facility. The acquisition was made in partnership with Affinius Capital, along with a construction loan from First National Bank of Omaha. PREMIER Design + Build Group will serve as general contractor. The project will feature 10 loading bays, two drive-in doors and 101 vehicle parking spaces. There will also be electric vehicle charging stations and upgraded steel components for future solar panel integration. Construction is scheduled to begin later this year.

Continue Reading
FacebookTwitterLinkedinEmail
IllinoisLeasing ActivityMidwestMultifamily

Peak Realty Chicago Begins Leasing Efforts for 35-Unit Apartment Building in Lincoln Park

by Kristin Harlow

CHICAGO — Peak Realty Chicago has begun leasing efforts for a new 35-unit apartment building located at 2317 N. Clark St. in Chicago’s Lincoln Park neighborhood. The boutique development is located on the site of a former Walgreens. So far, 20 percent of the units have been leased in two weeks. The three-story building offers floor plans ranging from one- to three-bedroom units. Greif Properties was the developer.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDevelopmentKansasMidwestMultifamily

Block & Co. Brokers Sale of 12.8-Acre Vacant Site in Overland Park, Kansas

by Kristin Harlow

OVERLAND PARK, KAN. — Block & Co. Inc. Realtors has brokered the sale of 12.8 acres of vacant land located on the southwest corner of 135th Street and Antioch Road in Overland Park. The sales price was undisclosed. Formerly a landscape nursery and greenhouse for over 40 years, the site is positioned at a heavily trafficked intersection and features convenient access to Highway 69. David Block and Mark McConahay of Block & Co. represented the undisclosed seller. The new ownership group has outlined plans to develop an apartment complex on the site. Construction is expected to begin immediately, with completion slated for next year. Block & Co. anticipates marketing the remaining 4.2 acres of ground that runs along the north edge of the property along 135th Street. Four pad sites have been proposed with ground lease or build-to-suit options available.

Continue Reading
FacebookTwitterLinkedinEmail
Fifth-+-Tillery-Austin
AcquisitionsOfficeTexas

CIM Group Sells 182,700 SF Office Building in East Austin

by Taylor Williams

AUSTIN, TEXAS — Los Angeles-based investment firm CIM Group has sold Fifth + Tillery, a 182,700-square-foot office building in East Austin. Fifth + Tillery features outdoor balconies with heightened levels of natural light, as well as a landscaped courtyard with various outdoor amenities. CIM Group originally acquired the property in October 2019 shortly after construction began. According to multiple media outlets including The Austin American-Statesman, local transportation authority Capital Metro purchased the property for roughly $87 million.

Continue Reading
FacebookTwitterLinkedinEmail
Wells-Fargo-Bank-Building-Houston
AcquisitionsOfficeTexas

Colliers Arranges Sale of 173,908 SF Office Building in North Houston

by Taylor Williams

HOUSTON — Colliers has arranged the sale of a 173,908-square-foot, eight-story office building that sits on a 4.4-acre site at 12941 N. Freeway in Houston. The property, which is known as The Wells Fargo Bank Building and is located on the city’s north side, was built in 1982, according to LoopNet Inc. David Carter of Colliers represented the seller, an entity doing business as North Houston LP, in the deal. Additional terms of sale were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts