Property Type

Vulcan Elements Signs Full-Building Industrial Lease at CrossPoint Logistics Center in Metro Raleigh

by John Nelson November 19, 2025

BENSON, N.C. — Vulcan Elements, a rare earth magnet manufacturer, has signed a full-building lease at CrossPoint Logistics Center, a speculative industrial facility in the south Raleigh suburb of Benson. The developer, Edgewater Ventures, broke ground on the facility in 2022. Vulcan Elements plans to expand the current 501,215-square-foot facility to more than 1 million square feet and create 1,000 new jobs. CrossPoint Logistics Center is the largest speculative industrial facility ever constructed within the Raleigh-Durham MSA, according to Edgewater Ventures. Ed Brown of NAI Tri Properties and Anna Lea Stroud of A. Stroud & Co. represented Vulcan Elements in the lease transaction. Al Williams, Matthew Greer, Lee Allen and Diane Jones of JLL represented Edgewater Ventures.

November 19, 2025

Acquisitions Multifamily North Carolina Southeast Virginia

Newbrook Capital Purchases Two-Property Multifamily Portfolio for $58.2M

by John Nelson November 19, 2025

CHESAPEAKE, VA. AND ELIZABETH CITY, N.C. — Newbrook Capital Properties has purchased a two-property multifamily portfolio in Chesapeake and Elizabeth City for $58.2 million. The seller was not disclosed. The properties include Green Tree, a 208-unit, garden-style community located at 749 Green Tree Circle in Chesapeake, and Emerald Lake, a 132-unit, garden-style property located at 1500 Emerald Lake Circle in Elizabeth City. The properties are 1990s vintage and sit roughly 40 miles apart. The portfolio acquisition grows Newbrook Capital’s assets under management to $400 million. The firm plans to invest in value-add capital improvements and has tapped StoneCreek to manage the portfolio. Hunter Bowling and Paul Marley of Cushman & Wakefield represented the seller for Emerald Lake in the transaction, and Drew White and Carter Wood of Berkadia represented the seller for Green Tree.

November 19, 2025

Acquisitions Georgia Hospitality Southeast

Hunter Hotel Advisors Negotiates Sale of 149-Room Hyatt House Hotel in Atlanta

by John Nelson November 19, 2025

ATLANTA — Hunter Hotel Advisors has negotiated the sale of the Hyatt House Atlanta/Cobb Galleria, a 149-room, extended stay hotel located in Atlanta’s Cumberland/Galleria submarket. The property is situated in close proximity to Cobb Galleria Centre, Cumberland Mall, Cobb Energy Performing Arts Centre, The Battery Atlanta and Truist Park, home ballpark of the Atlanta Braves. Hospitality Asset Procurers (HAP) purchased the hotel and has selected its affiliate company, ROHM Group, to manage the hotel. The institutional seller and sales price were not disclosed. Mayank Patel of Hunter Hotel Advisors brokered the transaction.

November 19, 2025

Acquisitions Florida Multifamily Southeast

Berkadia Arranges Sale of 324-Unit Apartment Community in Tallahassee

by John Nelson November 19, 2025

TALLAHASSEE, FLA. — Berkadia has arranged the sale of Grove Park, a 324-unit apartment community located at 3148 Dick Wilson Blvd. in Tallahassee. The Class A community was developed in 2021 and 94 percent occupied at the time of sale. David Etchison of Berkadia represented the seller, Alabama-based TrimCor, in the transaction. Brad Williamson and Wes Moczul of Berkadia arranged acquisition financing through MF1 Capital on behalf of the buyer, Miami-based Monument Capital Management. The sales price and loan amount were not disclosed. Grove Park features one-, two- and three-bedroom layouts ranging from 1,219 to 2,120 square feet in size, including single-story duplexes with fenced yards. Amenities include a clubhouse with café bar, TV lounge, business center and rentable conference room and event space. Other amenities include a saltwater zero-entry pool and sundeck, fitness center, cedar sauna, playground and a bark park.

November 19, 2025

Development Industrial Texas

Ranch Hand to Open 400,000 SF Manufacturing, Distribution Center in Seguin, Texas

by Taylor Williams November 18, 2025

SEGUIN, TEXAS — Ranch Hand will open a 400,000-square-foot manufacturing and distribution facility at TriPoint Logistics Center, a 120-acre development in Seguin, a northeastern suburb of San Antonio. The provider of automotive accessories has entered into a build-to-suit agreement with the developer, a partnership between Atlanta-based Ackerman & Co. and Baltisse US Inc. Ranch Hand plans to consolidate two regional facilities into the new distribution hub. The building will feature 36-foot clear heights and is expected to be complete in late 2026. Tom Walrich of Lee & Associates represented Ranch Hand in the lease negotiations. John Colglazier, Kyle Kennan and Gray Gilbert of Partners Real Estate represented ownership.

November 18, 2025

Acquisitions Hospitality Texas

Hunter Hotel Advisors Arranges Sale of 107-Room Property in Downtown Amarillo

by Taylor Williams November 18, 2025

AMARILLO, TEXAS — Atlanta-based hospitality brokerage firm Hunter Hotel Advisors has arranged the sale of a the 107-room Courtyard Amarillo Downtown hotel in West Texas. The building was originally constructed in 1928 and was converted to a hotel in 2010. Amenities include a business center, fitness center and an onsite restaurant. Summit Hotel Properties sold the hotel to local owner-operator KAMP Hotels for an undisclosed price. Mason McDavid and Kami Burnette of Hunter Hotel Advisors brokered the deal.

November 18, 2025

Industrial Leasing Activity Texas

Stream Realty Partners Secures 101,678 SF Industrial Lease in Brookshire, Texas

by Taylor Williams November 18, 2025

BROOKSHIRE, TEXAS — Stream Realty Partners has secured a 101,678-square-foot industrial lease in Brookshire, a western suburb of Houston. According to LoopNet Inc., the building at 4006 Westport Drive is located within Kingsland Ranch Logistics Park. Abraham Richardson of Stream, along with Alex Zhang of TopSky Commercial, represented the tenant, Mars Shipping Service, in the lease negotiations. Cape Bell, Billy Gold, Joseph Smith and Savannah Smith of CBRE represented the undisclosed landlord.

November 18, 2025

Industrial Leasing Activity Texas

Elliott Electric Supply Signs 23,538 SF Industrial Lease in McKinney, Texas

by Taylor Williams November 18, 2025

MCKINNEY, TEXAS — Elliott Electric Supply has signed a 23,538-square-foot industrial lease in McKinney, located north of Dallas. The space is located within Building A at McKinney Commerce Center, a three-building, 319,347-square-foot development that is currently under construction. Brett Lewis and Taylor Stell of Lee & Associates represented the landlord, New York City-based Rockefeller Group, in the lease negotiations. Nick Lee of NAI Robert Lynn represented Elliott Electric Supply.

November 18, 2025

Acquisitions Retail Texas

STRIVE Negotiates Sale of 16,963 SF Retail Strip Center in Fulshear, Texas

by Taylor Williams November 18, 2025

FULSHEAR, TEXAS — Dallas-based brokerage firm STRIVE has negotiated the sale of Cross Creek Plaza, a 16,963-square-foot retail strip center in Fulshear, a western suburb of Houston. The center was built in 2024 and is located at the entrance of the Cross Creek Ranch master-planned community. Jake Dutson of STRIVE represented the seller, a local developer, in the transaction. John Kourafas of Visintainer Group represented the buyer. Both parties requested anonymity. Cross Creek Plaza was fully leased at the time of sale.

November 18, 2025

Affordable Housing Loans Multifamily New York Northeast

Berkadia Provides $31.8M Agency Refinancing for Mixed-Income Apartment Building in The Bronx

by Taylor Williams November 18, 2025

NEW YORK CITY — Berkadia has provided a $31.8 million Freddie Mac loan for the refinancing of a 92-unit mixed-income apartment building located at 4180 Carpenter Ave. in The Bronx. The unit mix comprises nine market-rate studios and 55 market-rate one-bedroom apartments, along with one affordable studio, 23 affordable one-bedroom units and four affordable two-bedroom residences. The building, which was completed in 2024 and was 98 percent occupied at the time of the loan closing, also houses 8,000 square feet of commercial space that is occupied by Little Stars Daycare. Matt Nihan of Berkadia originated the 10-year, fixed-rate loan on behalf of the owner, New York-based owner-operator Stagg Group.

November 18, 2025

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