Friday, February 27, 2026
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Slatten-Ranch-Antioch-CA
AcquisitionsCaliforniaRetailWestern

Camden Village Sells 118,187 SF Slatten Ranch Shopping Center in Antioch, California

by Amy Works

ANTIOCH, CALIF. — Camden Village LLC has completed the disposition of Slatten Ranch Shopping Center, a community retail center in Antioch. Sterling Organization acquired the asset for an undisclosed price. Located at 5709-5759 and 5779-5789 Lone Tree Way, Slatten Ranch Shopping Center features 118,187 square feet of retail space. The property is shadow-anchored by Target. Eric Kathrein, Gleb Lvovich, Andrew Spangenberg and Allie Repaskey of JLL Capital Markets represented the seller in the transaction.

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The-Walk-Norwalk-CA
CaliforniaCivicDevelopmentMixed-UseRetailWestern

Primestor Development, DLR Group Break Ground on The Walk Mixed-Use Project in Norwalk, California

by Amy Works

NORWALK, CALIF. — Primestor Development and DLR Group have broken ground on The Walk, a community-serving mixed-use village in Norwalk. Located adjacent to Norwalk City Hall, The Walk will feature 89,000 square feet of retail buildings and public open space, including a network of interconnected plazas and pedestrian pathways. DLG Group is providing architectural and planning design services for the project, which is slated for completion in late 2027.

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AcquisitionsHospitalityKansasLoansMidwest

Ariel Property Advisors Secures $12.4M Acquisition Loan for Hampton Inn Hotel in Kansas

by Kristin Harlow

DODGE CITY, KAN. — Ariel Property Advisors’ Capital Services Group has secured a $12.4 million acquisition loan for a 108-room Hampton Inn & Suites hotel in Dodge City within southwest Kansas. Matt Swerdlow and Matthew Dzbanek of Ariel arranged the fixed-rate loan through a regional balance sheet lender. The loan featured a 6.5 percent interest rate and a 25-year amortization schedule.

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AcquisitionsMidwestMultifamilySeniors HousingWisconsin

Northmarq Arranges $10.7M Sale of Senior Living Portfolio in Madison Metro Area

by Kristin Harlow

MADISON AND VERONA, WIS. — Northmarq has arranged the $10.7 million sale of Westminster and Prairie Oaks II, two senior living communities totaling 102 units in the Madison metro area. Both properties operate under low-income housing tax credit restrictions through 2032 and are designated for residents age 55 and older. Westminster in Verona was built in 2003, and Prairie Oaks II in Madison was constructed in 2002. Both feature one- and two-bedroom floor plans with amenities such as underground heated parking, community lounges, fitness and business centers and onsite management. Jake Lamb, Parker Stewart, Dominic Martinez and Alex Malzone of Northmarq represented the seller, Lakeside Capital Advisors. TPW Properties was the buyer.

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AcquisitionsIllinoisIndustrialMidwest

CRG Sells 66,552 SF Industrial Building in Franklin Park, Illinois

by Kristin Harlow

FRANKLIN PARK, ILL. — CRG has sold The Cubes at ORD, a newly constructed industrial building totaling 66,552 square feet in Franklin Park, located immediately southeast of the Chicago O’Hare International Airport. Developed on a speculative basis in 2025, the facility is fully leased to Worldwide Flight Services. The infill development offers direct access to I-294 and features 20 exterior dock doors, two drive-in doors, 11 trailer storage spaces and parking for 70 vehicles. Erik Foster, Mike Wilson, Brian Colson and Brian Pomorski of Avison Young represented CRG in the transaction. Matt Mulvihill of CBRE represented the tenant. The buyer and sales price were undisclosed. CRG integrated partner LJC designed The Cubes at ORD, while parent company Clayco served as general contractor.

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AcquisitionsIllinoisMidwestRetail

Greenstone Parters Brokers $5.6M Sale of Retail Property in Chicago’s Wicker Park

by Kristin Harlow

CHICAGO — Greenstone Partners has brokered the $5.6 million sale of a retail and medical property located at 1455 N. Milwaukee Ave. in Chicago’s Wicker Park neighborhood. The urban infill asset sold for 98 percent of the list price to a New York-based buyer. The two-story property features 11,370 rentable square feet, roughly 125 feet of frontage along North Milwaukee Avenue and a private surface parking lot with 23 dedicated spaces. Barry’s Bootcamp occupies the ground floor. The upper level is leased to medical services provider Kindbody, formerly Vios Fertility Institute. Danny Spitz and Brewster Hague of Greenstone represented the seller, a Chicago-based investment and development company, and procured the buyer.

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1341-S.-Christopher-Columbus-Blvd
DevelopmentLoansMultifamilyNortheastPennsylvania

Banco Inbursa Provides $150M Construction Loan for South Philadelphia Multifamily Project

by Taylor Williams

PHILADELPHIA — Banco Inbursa has provided a $150 million senior construction loan for a multifamily project that will be located within Wharton Piers, a mixed-use waterfront development in South Philadelphia. The project will consist of a 36-story residential building and a single-story commercial building for a total of 620 market-rate apartments and 30,800 square feet of retail space. The borrower/developer is New York City-based Brevet Capital. Construction is expected to begin in early 2027, with leasing to commence in the fourth quarter of 2028. Full completion is slated for the first quarter of 2029.

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Morristown-Station
DevelopmentLoansMultifamilyNew JerseyNortheast

CBRE Arranges $40M Construction Loan for Northern New Jersey Multifamily Project

by Taylor Williams

MORRISTOWN, N.J. — CBRE has arranged a $40 million construction loan for an 89-unit multifamily project that will be located in the Northern New Jersey community of Morristown. Known as Morristown Station, the development will comprise 76 market-rate apartments and 13  affordable housing units, mostly in two-bedroom floor plans, as well as 5,111 square feet of retail space. Matthew Pizzolato and Josh Stein of CBRE arranged the loan through Truist Bank on behalf of the owner, an entity doing business as Lackawanna Place Morristown Urban Renewal LLC.

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IndustrialLeasing ActivityMassachusettsNortheast

Newmark Negotiates 47,500 SF Industrial Lease in Bedford, Massachusetts

by Taylor Williams

BEDFORD, MASS. — Newmark has negotiated a 47,500-square-foot industrial lease in Bedford, located northwest of Boston. The tenant is sustainable energy company Fourth Power, and the space is located within a newly built, 147,000-square-foot advanced manufacturing facility. Torin Taylor, Rich Ruggiero, Matt Adams, Tyler McGrail and Rory Walsh of Newmark represented the landlord, a partnership between Camber Development and Wheelock Street Capital, in the lease negotiations. Rob Glor and Michael Goodwin of Rise73 represented the tenant.

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Leasing ActivityNew JerseyNortheastOffice

Provident Bank Signs 23,000 SF Office Lease in Parsippany, New Jersey

by Taylor Williams

PARSIPPANY, N.J. — Provident Bank has signed a 23,000-square-foot office lease in the Northern New Jersey community of Parsippany. The lender is taking space at the 200,000-square-foot building at 9 Entin Road. Jeff Babikian and Mark Trevisan of CBRE represented the tenant in the lease negotiations. Jamie Drummond, Andrew Perrotti and Luke Reid of Newmark represented the landlord, American Equity Partners.

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