Property Type

Partnership Breaks Ground on 473-Unit Multifamily Project in Revere, Massachusetts

by Taylor Williams February 10, 2026

REVERE, MASS. — A partnership between regional developer HYM Investment Group, private investment group Cathexis Holdings and Related Fund Management has broken ground on Portico, a 473-unit multifamily project in Revere, located northeast of Boston. The site is located within Suffolk Downs, a 161-acre, mixed-use redevelopment of a former horseracing complex. Portico will offer studio, one- and two-bedroom floor plans and 33,000 square feet of ground-floor retail space. Amenities will include a sky deck, lounge with a kitchen, courtyard with flex spaces and grilling stations, recording pods, a fitness center and a veranda with a coffee bar and private workspaces. Prellwitz Chilinski Architects is designing the project, and Suffolk Construction is serving as the general contractor. Completion is slated for early 2028.

February 10, 2026

Acquisitions Arizona Industrial Western

IndiCap, Invesco Sell 566,121 SF Building at Virgin Industrial Park Near Glendale, Arizona

by Amy Works February 10, 2026

WADDELL, ARIZ. — IndiCap and Invesco Ltd. have completed the disposition of a modern industrial facility located within Virgin Industrial Park in Waddell, an unincorporated community in Maricopa County, Ariz. An undisclosed buyer acquired the property for $90.6 million. VIP Industrial Holdings LLC holds the 566,121-square-foot asset, which is located at 15784 W. Hatcher Road. Marc Hertzberg, Riley Gilbert and Kelly Royle of JLL represented the sellers, while Sean Kropke, Michael Haenel and Justin Smith of Cushman & Wakefield represented the buyer in the deal.

February 10, 2026

California Development Multifamily Western

Cityview, Stockbridge Complete 265-Unit Multifamily Community in Gardena, California

by Amy Works February 10, 2026

GARDENA, CALIF. — Cityview and Stockbridge have completed Apollo, an apartment property located at 12888 Crenshaw Blvd. in Gardena. The project team includes Westport Construction, AC Martin, Nadia Geller Designs and MJS Landscape Architecture. The eight-story Apollo features 265 studio, one- and two-bedroom floor plans with full-size in-unit washers/dryers, luxury vinyl plank flooring, stainless steel appliances, quartz countertops, designer backsplashes, soft-close cabinetry, under-cabinet lighting and gas ranges. The units also include smart home systems, including thermostats and keyless entry, and smart lighting switches in select units. Additionally, some units offer floor-to-ceiling windows, private balconies and walk-in closets. Community amenities include community-wide high-speed internet and Wi-Fi connectivity, a pool, spa, terrace with lounge seating, an outdoor kitchen, a media and club room, an outdoor game deck, an indoor sports simulator, an indoor fitness center, an outdoor training deck and CV Works coworking space with high-speed Wi-Fi and tech-enabled workspaces. The property also features covered bike storage, electric vehicle charging stations, a parcel room, controlled access parking and a pet-friendly playground and wash station.

February 10, 2026

California Development Industrial Self-Storage Western

Buchanan Street Partners Breaks Ground on 760-Unit Self-Storage Facility in Scotts Valley, California

by Amy Works February 10, 2026

SCOTTS VALLEY, CALIF. — Buchanan Street Partners has broken ground for the development of a climate-controlled self-storage facility situated on 2.6 acres at 10 Victor Square in Scotts Valley. Buchanan acquired the site for $5.2 million after 14 months of entitlement efforts and project due diligence. The property, which formerly housed a vacant 39,000-square-foot office/flex building, will be redeveloped into a three-story, 99,500-square-foot Class A self-storage facility offering 760 units. Demolition commenced in January, and completion of the project is slated for April 2027. The project team includes DAI General Contracting and Valli Architecture. East West Bank is providing construction financing for the project.

February 10, 2026

Acquisitions Colorado Retail Western

Cushman & Wakefield Arranges $13M Sale of Leetsdale Marketplace in Denver

by Amy Works February 10, 2026

DENVER — Cushman & Wakefield has brokered the sale of Leetsdale Marketplace, a 111,669-square-foot grocery-anchored retail center at 7150 Leetsdale Drive in Denver. Legacy Capital Partners sold the asset to a partnership led by Citivest Commercial for $13 million. Jon Hendrickson and Aaron Johnson of Cushman & Wakefield represented the seller in the transaction.

February 10, 2026

Acquisitions Industrial New York Northeast

JLL Brokers Sale of 209,792 SF Industrial Portfolio in Valley Cottage, New York

by Taylor Williams February 10, 2026

VALLEY COTTAGE, N.Y. — JLL has brokered the sale of a portfolio of four industrial buildings totaling 209,792 square feet in Valley Cottage, about 35 miles north of New York City. Known as the Northern I-287 Small-Bay Portfolio, the buildings collectively span 16.5 acres, range in size from 29,700 to 72,000 square feet and were 96 percent leased to 27 tenants at the time of sale. JLL represented the seller, an undisclosed private investor, in the transaction. JLL also arranged acquisition financing for the deal through PCCP LLC on behalf of the buyer, Connecticut-based investment firm East Capital Partners.

February 10, 2026

Development Indiana Midwest Office

IWG Adds Eight New Coworking Centers in Indiana

by Kristin Harlow February 10, 2026

INDIANA — International Workplace Group (IWG), a coworking platform with brands including Spaces and Regus, has unveiled plans to open eight flexible workspaces in Indiana. The expansion brings the company’s footprint to 30 locations across the state. IWG’s network now comprises thousands of locations in 120 countries. The Indiana locations will provide space for established firms and start-ups across a range of the state’s top industries, including business and finance operations, healthcare support, management and more. IWG’s Design Your Own Office service allows companies to tailor their space entirely to their requirements. The new Regus, HQ and Spaces facilities will include private offices, meeting rooms, coworking and creative spaces, and are slated to open in the first and second quarters of this year. One HQ facility in Merrillville has already opened. The other locations will be in Martinsville, Valparaiso, Fort Wayne, South Bend and Indianapolis. IWG predicts that 30 percent of all commercial real estate will be flexible workspace by 2030.

February 10, 2026

Acquisitions Illinois Midwest Multifamily

Marcus & Millichap Arranges Sale of 226-Unit Carriage Creek Apartments in Metro Chicago

by Kristin Harlow February 10, 2026

RICHTON PARK, ILL. — Marcus & Millichap has arranged the sale of Carriage Creek Apartments, a 226-unit multifamily property in the southern Chicago suburb of Richton Park. Ryan Engle and Andrean Angelov of Marcus & Millichap represented the buyer and seller, both of which were private investors. Located at 22501 Butterfield Road, the property comprises 190,328 rentable square feet across nearly 26 acres. Built in two phases in 1972 and 1974, the community features a mix of studio, one- and two-bedroom units. The asset is within walking distance of the Richton Park Metra Station.

February 10, 2026

Civic Connecticut Development Northeast

Connecticut College Completes Partial Renovation of Campus Center

by Taylor Williams February 10, 2026

NEW LONDON, CONN. — Connecticut College, a liberal arts institution in New London, has completed the renovation of a campus center that was originally constructed in 1957. Known as the College Center at Crozier-Williams, the 65,0000-square-foot facility houses flexible study and gathering spaces, dining space, a relocated pub with event space and a landscaped terrace with a student garden. KSS Architects led the design of the renovation, which the college executed along with project manager Colliers.

February 10, 2026

Acquisitions Midwest Office Wisconsin

NAI Pfefferle Brokers Sale of 13,500 Sf Office Building in Green Bay

by Kristin Harlow February 10, 2026

GREEN BAY, WIS. — NAI Pfefferle has brokered the sale of a 13,500-square-foot office building located at 3450 Packerland Drive in Green Bay. The sales price was not disclosed, but the asking price was $2.9 million. Adam Meyers of NAI Pfefferle brokered the sale.

February 10, 2026

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