Property Type

Kennedy Wilson, Partners Acquire 312-Unit Multifamily Community in San Jose for $176M

by Amy Works October 26, 2026

SAN JOSE, CALIF. — Kennedy Wilson has partnered with two Japanese investment firms to acquire One South Market, a 312-unit community in downtown San Jose, for $176 million. The investment partners are Tokyo-based real estate company Hulic Co. Ltd. and Fuyo General Lease (USA) Inc., the U.S. subsidiary of Japanese financial services company Fuyo General Lease Co. Ltd. The acquisition marks Beverly Hills, Calif.-based Kennedy Wilson’s fifth joint venture with Hulic and its first with Fuyo. Locally based Lakevision Capital was the seller. Built in 2015, One South Market is located adjacent to San Pedro Square. The high-rise community features 312 units as well as 6,534 square feet of fully leased ground-floor retail. CBRE’s Jon Teel represented the buyers in the transaction.

October 26, 2026

Acquisitions Industrial North Carolina Southeast

Maguire Hayden Sells 395,990 SF Industrial Building in Metro Charlotte for $22.1M

by Abby Cox October 26, 2026

CLAREMONT, N.C. — Conshohocken, Pa.-based Maguire Hayden Real Estate has sold a 395,990-square-foot industrial building in Claremont, a northern Charlotte suburb in Catawba County, to Box Equities for $22.1 million. Michael Scarnato, Pete Pittroff and Dave Andrews of JLL represented Maguire Hayden in the sale. Situated on approximately 17.9 acres, the industrial property includes 364,000 square feet of warehouse space, along with offices and other support areas. The facility also features 24 dock-high loading doors, clear heights ranging from 14 to 20 feet, truck courts ranging from 135 to 185 feet, a dedicated trailer parking lot and 109 car parking spaces. Maguire Hayden originally acquired the property through a sale-leaseback transaction and subsequently leased the entire building to CertainTeed, a wholly owned subsidiary of global building materials manufacturer Saint-Gobain. Maguire Hayden completed a capital improvements program during its ownership that included a new roof overlay and LED lighting throughout the facility. The building was originally constructed in 1986 and was renovated in 2011.

October 26, 2026

California Loans Multifamily Western

Northmarq Arranges $95.8M Refinancing for 1,461-Unit Southern California Multifamily Portfolio

by Amy Works October 26, 2026

LOS ANGELES — Northmarq has arranged $95.8 million in refinancing for a six-property, 1,461-unit multifamily portfolio owned and operated by E&S Ring Management Corp. across Southern California. Nathan Prouty, Andrew Slaton and John Holt of Northmarq arranged the financing through Voya Investment Management. The transaction refinances existing debt across the portfolio, including four loans originally placed with Voya in 2007. Structured as six separate, non-cross-collateralized loans, the financing combines fixed- and floating-rate structures, interest-only payments and flexible prepayment provisions. The new financing addresses upcoming maturities while preserving flexibility for E&S Ring across the portfolio. The portfolio includes the 168-unit Case Granada and 183-unit Sunset Barrington Gardens in Brentwood, the 117-unit Meadows South in Culver City, the 400-unit Mountain Vista in Victorville, the 317-unit Rancho Los Feliz and the 276-unit Villa Vicente in Mid-Wilshire.

October 26, 2026

Leasing Activity Mixed-Use Retail Southeast Virginia

Greenberg Gibbons Signs Trader Joe’s, Onelife Fitness to Join $500M Mixed-Use Project in Richmond

by Abby Cox October 26, 2026

RICHMOND, VA. — Greenberg Gibbons has signed two new anchor retail tenants — Trader Joe’s and Onelife Fitness — at Midtown64, a 64-acre mixed-use project in Richmond. The first phase of the $500 million development, which includes the project’s 130,000-square-foot retail component, is expected to be completed in 2028. Onelife Fitness, which will occupy 65,000 square feet across two levels, will offer a turf training area, indoor saltwater pool, kid’s club, recovery suite and spa-inspired locker rooms, as well as studios dedicated for boxing, Pilates and stretching. Upon completion, Midtown64 will include 300,000 square feet of office space, nearly 1,000 apartments, 194 for-sale townhomes and a hotel, in addition to the retail space.

October 26, 2026

Acquisitions Colorado Industrial Western

EastGroup Buys Three-Building Logistics Park in Thornton, Colorado for $94.5M

by Amy Works October 26, 2026

THORNTON, COLO. — EastGroup Properties has acquired 25 Commerce Park, a Class A industrial campus in Thornton, from Rockefeller Group for $94.5 million. Jeremy Ballenger and Tyler Carner of CBRE represented the seller in the deal. CBRE’s Todd Witty and Daniel Close fully leased the project prior to being marketed for sale. Completed by Rockefeller Group in 2025, 25 Commerce Park features three buildings offering a total of 453,550 square feet of industrial space. At the time of sale, the property was fully leased to four tenants. The campus features modern building depths, high-clear warehouse space, ESFR sprinkler systems, extensive dock-high loading capabilities, trailer parking and efficient site circulation. Designed by Grey Wolf Architecture and built by Golden Triangle Construction, 25 Commerce Park is located at 15003-15107 Grant St. at the intersection of Interstate 25 and E-470.

October 26, 2026

California Development Multifamily Western

MidPen Housing Completes 176-Unit Ira D. Hall Square Apartments in Silicon Valley

by Amy Works October 26, 2026

SUNNYVALE, CALIF. — MidPen Housing has completed and opened Ira D. Hall Square in Sunnyvale. The 176-unit property comprises studios, one-, two- and three-bedroom units that are reserved for residents earning up to 30 to 70 percent of the area median income, which is approximately $43,170 to $100,730 for a one-person household. Ira D. Hall Square is adjacent to the Lawrence Caltrain Station and is the first development built under the city’s Lawrence Station Area Plan, which calls for a mixed-use district around the transit hub. MidPen Property Management manages the community, and MidPen Resident Services provides residents with free, onsite services such as adult education, ESL courses, after school and summer programs and case management for supportive housing residents. Amenities include a community room, outdoor play areas, on-site laundry, garden space and an after-school learning center.

October 26, 2026

Acquisitions Loans Michigan Midwest Retail

MMCC Arranges $25M Acquisition Loan for Retail Property in Troy, Michigan

by Kristin Harlow October 26, 2026

TROY, MICH. — Marcus & Millichap Capital Corp. (MMCC) has arranged $25 million in financing for the acquisition of a 62,364-square-foot retail property in Troy. Todd Phillips of MMCC arranged the loan through a national bank. It features a seven-year term, 6.1 percent interest rate and 30-year amortization period. The property, located near I-75, is home to several national restaurants and retailers.

October 26, 2026

Leasing Activity Midwest Missouri Office

Deloitte Renews 22,040 SF Office Lease in Downtown St. Louis

by Kristin Harlow October 26, 2026

ST. LOUIS — Longtime tenant Deloitte has renewed its office lease for 22,040 square feet at the Deloitte Building in downtown St. Louis. Additionally, owner Stanton Road Capital (SRC) has completed The Outpost, a new amenity center at the 12-story building. The Outpost includes a fully modernized fitness center, conference facility, lounge and grab-and-go food-and-beverage options. The amenity package is part of SRC’s broader repositioning of the 260,000-square-foot property. Andy Gooliak, John Salsberry and Aly Brooks of Colliers represented Deloitte. Tom Bajardi, Brandon Wappelhorst and Nick Fiquette of Sansone Group are the leasing brokers for the Deloitte Building.

October 26, 2026

Acquisitions Loans Midwest Multifamily Ohio

Byline Bank Provides $17.5M in Financing for Multifamily Property in Columbus

by Kristin Harlow October 26, 2026

COLUMBUS, OHIO — Byline Bank’s Commercial Real Estate Group has provided a $17.5 million term loan to The Schirm Firm to finance the acquisition of Trotters Park, a multifamily property located at 720 Michigan Ave. in Columbus. The community is situated in an infill pocket between downtown Columbus and The Ohio State University. A citywide walking and bike trail borders the property. Sarah Hunter, Mason Tittle, Matt Smith and Eric Estela of Byline Bank handled the transaction.

October 26, 2026

Acquisitions Illinois Midwest Retail

JLL Brokers $10.1M Sale of Retail Strip Center in Lombard, Illinois

by Kristin Harlow October 26, 2026

LOMBARD, ILL. — JLL Capital Markets has arranged the $10.1 million sale of a 21,071-square-foot retail strip center in Lombard. Built in 2003 and fully renovated in 2026 for medical tenancy, the property is fully leased to Duly Health and Care, Midwest Orthopaedics at Rush and Potbelly Sandwich Works. Alex Sharrin, Mohsin Mirza, Will Bowater, Michael Nieder and Brian Page of JLL represented the seller, a joint venture between HSG Medical and Capital Healthcare Properties. A local private capital group purchased the asset in a 1031 exchange.

October 26, 2026

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