Property Type

West Hive Capital Sells Western Plaza Retail Center in Southern California for $24.5M

by Amy Works January 23, 2026

RANCHO PALOS VERDES, CALIF. — Hanley Investment Group Real Estate Advisors has negotiated the $24.5 million sale of Western Plaza, a 28,190-square-foot neighborhood retail center located in Rancho Palos Verdes. Jeff Lefko of Hanley Investment Group represented the seller, West Hive Capital, in the transaction. Sheila Alimadadian of Marcus & Millichap represented the buyer, Aria Investments. After acquiring Western Plaza in 2024 for $8 million, West Hive Capital completed a full-scale redevelopment of the property. Renovations featured a complete exterior façade modernization, upgraded building systems, parking lot enhancements, an improved tenant mix and the addition of a 4,000-square-foot outdoor dining plaza. Current retailers and restaurants at the center include O’Reilly Auto Parts, The Habit Burger Grill, Urbane Café, Mattress Firm, Pacific Dental, Piccinni Italian, Alibaba Mediterranean, Pure Bean Coffee and Koi Ramen.

January 23, 2026

Development Oregon Restaurant Retail Western

LRE & Co to Develop 10,000 SF Commercial Project in Medford, Oregon

by Amy Works January 23, 2026

MEDFORD, ORE. — LRE & Co has announced plans to develop a 10,000-square-foot commercial project in Medford. Located along Crater Lake Highway (Highway 62) in the Tower Business Park, the project will offer 10,000 square feet of commercial space, including a 4,000-square-foot quick-service restaurant with a drive-thru and a 6,000-square-foot multi-tenant retail building with a drive-thru. The property will also include approximately 98 parking spaces. LRE & Co is currently working through the city’s entitlement process, including site plan review with the Medford site plan and architectural commission. Tenant announcements and construction timelines will be released as the project advances through the city’s approval process.

January 23, 2026

Kentucky Loans Multifamily Southeast Walker & Dunlop

Walker & Dunlop Arranges $96.7M Refinancing for Three Multifamily Communities in Louisville

by Abby Cox January 23, 2026

LOUISVILLE, KY. — Walker & Dunlop has arranged a $96.7 million loan for the recapitalization of three newly constructed multifamily communities totaling 640 units in Louisville. The multifamily portfolio includes Belmond Flats (240 units), Cedar Creek Flats (168 units) and Glengrove Apartments (232 units). Jonathan Zilber, Joel Chetner and Josh Geller of Walker & Dunlop secured three floating-rate, interest-only loans through an institutional lender on behalf of the borrower, Highgates Group. Proceeds will be used to repay existing debt, fund closing costs and return capital to investors.

January 23, 2026

Acquisitions Georgia Retail Southeast

Essential Growth Properties Acquires Publix-Anchored Shopping Center in Mulberry, Georgia for $13.4M

by Abby Cox January 23, 2026

MULBERRY, GA. — Essential Growth Properties has acquired Mulberry Village, a 75,200-square-foot shopping center located in Mulberry, approximately 50 miles northeast of Atlanta, for $13.5 million. Built in 2008 on about 17 acres, Mulberry Village is anchored by a newly renovated Publix. Additional tenants at the center, which was 94 percent occupied at the time of sale, include Taco Bell, Maria’s Tex Mex, State Farm, Capital Nails, Spice Wing and Peking Chinese. The property also features four undeveloped outparcels for future use. Jim Hamilton, Brad Buchanan, Andrew Michols and Charlie Merrigan of JLL represented the seller, Watkins Real Estate Group, in the transaction.

January 23, 2026

Acquisitions Multifamily North Carolina Southeast

FCP Sells 365-Unit Multifamily Community in Raleigh

by Abby Cox January 23, 2026

RALEIGH, N.C. — FCP has sold The Pointe at Midtown, a 365-unit, garden-style apartment community located at 901 Navaho Drive in Raleigh, near the North Hills mixed-use development in the city’s Midtown district. The Pointe at Midtown offers two- and three-bedroom apartments ranging in size from 858 to 1,190 square feet, according to Apartments.com. Amenities include a swimming pool, basketball court, shaded playground, two clothes care centers and a package locker system. Hunter Barron, Teddy Hobbs, Ryan Gavigan, Ben Bury and Woody Flythe of JLL represented FCP in the transaction. The sales price and buyer were not disclosed.

January 23, 2026

Development Georgia Hospitality Mixed-Use Southeast

TDC Selects Mainsail Lodging as Hotel Development Partner at Medley Project in Johns Creek, Georgia

by Abby Cox January 23, 2026

ATLANTA — Toro Development Co. (TDC) has selected Mainsail Lodging & Development as the development partner and operator for the hotel component at Medley, a 43-acre mixed-use development under construction in the north Atlanta suburb of Johns Creek. The 150-room hotel will be integrated within the mixed-use development and will front the 25,000-square-foot greenspace at the property. The hotel, which is slated to open in 2028, will feature modern guestrooms, a signature restaurant and approximately 5,000 square feet of meeting and event space that connects to the green space and lobby. Along with the new hospitality component, Medley includes 164,000 square feet of retail, restaurant and entertainment space; 883 luxury apartments; and 110,000 square feet of office space. Medley will officially open on Oct. 29.

January 23, 2026

Data Centers Industrial Loans Midwest Missouri

Patmos Receives $100M C-PACE Loan for Redevelopment of Kansas City Star Building into Data Center

by Kristin Harlow January 23, 2026

KANSAS CITY, MO. — Patmos Holdings Inc., a provider of internet infrastructure, data center and hosting services, has received a $100 million C-PACE (Commercial Property Assessed Clean Energy) loan from PACE Loan Group for the ongoing redevelopment of the former Kansas City Star building into a data center and artificial intelligence (AI) campus. When the next phase of infrastructure upgrades is complete this spring, the 421,112-square-foot, four-story Patmos AI Campus will feature 35 megawatts of power. The C-PACE loan will fund energy-efficient infrastructure improvements. Patmos initially started construction in late 2024. Since then, two publicly traded tenants have inked multi-year leases with Patmos. Located at 1601 McGee St. in downtown Kansas City on the site that had been previously declined by the Kansas City Royals for its new stadium, the 5-acre campus is part of a significant retrofit project. In addition to creating AI data halls, Patmos will also convert nearly 150,000 square feet of the building into a multi-tenant technology hub, coworking and event space. The C-PACE proceeds will be used for energy efficiency, equipment, HVAC and plumbing improvements to support the data center’s cooling and electrical load. The project is slated for completion in March. Rafi Golberstein of …

January 23, 2026

Illinois Loans Midwest Multifamily Seniors Housing

MONTICELLOAM Provides $60M in Bridge Financing for Illinois Skilled Nursing Portfolio

by Kristin Harlow January 23, 2026

ILLINOIS — MONTICELLOAM LLC, a specialized seniors housing and multifamily bridge lending platform, has provided $60 million in bridge financing for a five-property skilled nursing portfolio in Illinois. Karina Davydov of MONTICELLOAM originated the loan on behalf of the borrower, which operates more than a dozen skilled nursing facilities in Illinois. The borrower will use the loan proceeds to acquire the portfolio of more than 620 licensed beds.

January 23, 2026

Acquisitions Indiana Industrial Midwest

MAG Capital Partners Acquires 425,000 SF Industrial Campus in New Castle, Indiana

by Kristin Harlow January 23, 2026

NEW CASTLE, IND. — MAG Capital Partners has acquired an approximately 425,000-square-foot industrial headquarters campus in New Castle, about 44 miles east of Indianapolis. The transaction was a sale-leaseback with New Castle Stainless Plate. Comprising more than a dozen buildings on nearly 128 acres, the property manufactures stainless plate products, serving a diverse range of industries including aerospace, energy, chemical processing and heavy equipment manufacturing. Deutsche Bank provided acquisition financing. Krupa Shah and Phil DiGennaro of Stream Capital Partners represented the seller.

January 23, 2026

Indiana Loans Midwest Retail

MMCC Arranges $7.6M in Financing for Retail Center in Suburban Indianapolis

by Kristin Harlow January 23, 2026

FRANKLIN, IND. — Marcus & Millichap Capital Corp. (MMCC) has arranged $7.6 million in financing for Franklin Commons, an 85,980-square-foot retail center at 1010 N. Morton St. in Franklin, about 20 miles south of Indianapolis. Garrett Fierstein of MMCC secured the financing with a local bank on behalf of the borrower. The five-year loan features a 6.5 percent interest rate, 25-year amortization period and a 70 percent loan-to-value ratio. Anchored by Kroger, the property is also home to Marshalls, Ross Dress for Less, PetSmart and Five Below.

January 23, 2026

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