DUBUQUE, IOWA — Phoenix Investors has acquired a 287,025-square-foot industrial facility located at 2150 Kerper Blvd. in Dubuque. The property features 12 docks and a rail spur serviced by Canadian Pacific. According to Phoenix, the facility is ideal for heavy manufacturing or distribution and offers extensive car and trailer parking. Milwaukee-based Phoenix’s portfolio totals approximately 85 million square feet across 27 states.
Marking its first store in Ohio is SKIMS, an underwear, loungewear and shapewear brand founded by Kim Kardashian. Joybird opened its first Ohio showroom at Easton Gateway on Friday, Nov. 14, marking the brand’s 15th retail storefront nationwide. The showroom offers an immersive environment for home design enthusiasts and interior designers. Portland Leather also opened its first store in Ohio. Founded in 2015, the company designs handcrafted, full-grain leather bags and wallets. With an expanded footprint at Easton, Abercrombie & Fitch introduces a new denim experience with enhanced fit options. Windsor is a women’s apparel retailer for elevated dresses and cocktail attire. Co-developed by The Georgetown Co. and L Brands, Easton is a 1,300-acre mixed-use destination. At the heart of the master planned development is Easton Town Center, which is home to more than 250 shops, restaurants and entertainment venues. Steiner + Associates handles management and leasing of Easton Town Center.
NEW YORK CITY — Starr has signed a 20-year, 275,000-square-foot office headquarters lease in Midtown Manhattan. The global investment and insurance organization will occupy the entirety of floors 16 through 27 at 343 Madison Avenue, a 46-story, 930,000-square-foot building that is currently under construction. John Picco, Peter Van Duyne and Alex Lachmund of Cushman & Wakefield represented Starr in the lease negotiations. Peter Turchin, John Maher, Evan Haskell and Caroline Merck of CBRE represented the landlord, BXP, formerly known as Boston Properties, which expects to complete 343 Madison Avenue in 2029.
NEW YORK CITY — Walker & Dunlop has arranged $19.1 million in financing for Melrose Concourse, a proposed 72-unit affordable housing project in The Bronx. The financing comprises a $6.3 million permanent loan commitment from Freddie Mac and a $12.8 million equity investment. Melrose Concourse will consist of a four-story building with eight units, a nine-story building with 34 apartments and a 10-story building with 30 residences. All units will be reserved for renters earning between 30 and 70 percent of the area median income, and 23 units will be set aside for seniors. John Gilmore and Ethan Waite of Walker & Dunlop led the debt financing process, and the firm’s Diego Benites and Ricky Figueroa led the equity placement efforts. The developer is a joint venture between Settlement Housing Fund and the Beechwood Organization.
NETCONG, N.J. — Regional brokerage firm Hudson Atlantic Realty has negotiated the $10.8 million sale of Kings View Apartments, a 38-unit apartment complex located in the Northern New Jersey community of Netcong. Units at the property, which was built in 2002, come in one- and two-bedroom floor plans and are reserved for renters age 55 and above. Amenities include a fitness center and a resident lounge. Adam Zweibel and Dante Fusaro of Hudson Atlantic brokered the deal. The buyer and seller were not disclosed.
WALTHAM, MASS. — Dentsply Sirona has renewed its 84,413-square-foot office and industrial lease in Waltham, a western suburb of Boston. The North Carolina-based provider of dental products will continue to occupy the entirety of the building at 590 Lincoln St., which includes manufacturing space, for an additional six years. CBRE represented the landlord, Hobbs Brook Real Estate, in the lease negotiations. Cushman & Wakefield represented the tenant, which has leased the building since 2017.
BALTIMORE — Newmark has arranged the sale of a 1.4 million-square-foot Mid-Atlantic micro-bay industrial portfolio for $203 million. The portfolio includes 50 individual buildings and 600 tenants in the Baltimore-Washington corridor and Northern Virginia. Current tenants focus on local and regional distribution, light industrial, service-oriented and last-mile logistics uses. Ben McCarty, Cris Abramson, Nicholas Signor, Henry Pleszkoch and Sam Slater of Newmark arranged the transaction on behalf of an unnamed group of private sellers. Silverman Group was the buyer.
ORLANDO, FLA. — A joint venture between PCCP and Venture One Real Estate will develop Venture Park II and III, a two-building industrial park located at 7895 Monument Parkway in Orlando. Construction on the 748,000-square-foot project will begin immediately, with completion anticipated for spring 2027. David Murphy, Monica Wonus and Gabby Gissy of CBRE will handle leasing efforts for the property. Spanning approximately 60 acres, the development will include a 340,000-square-foot rear-load facility and a 408,000-square-foot cross-dock facility. Both buildings will feature 40-foot clear heights and will be able to accommodate several tenants.
ATLANTA — McShane Construction Co. has completed Ashley Scholars Landing II, a mixed-income apartment complex located in Atlanta. Designed by JHP Architecture, the three- and four-story complex is situated within the larger master-planned community of Ashley Scholars Landing. The Integral Group was the developer. Ashley Scholars Landing II offers 212 affordable housing and market-rate apartments, as well as a swimming pool with cabanas, a clubroom, fitness center, activity space, micro-offices and a walking park, as well as 254 parking spaces. The property is located near the Atlanta University Center Consortium (AUC), a consortium of four historically black colleges and universities (HBCUs) including Morehouse College and Spelman College.
Marcus & Millichap Brokers Sale of New Retail Property in Easley, South Carolina Leased to Firestone
EASLEY, S.C. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a newly built, 5,798-square-foot retail property in Easley, roughly 12 miles west of Greenville. Firestone, a subsidiary of Japanese tire manufacturer Bridgestone, occupies the building on a 15–year, triple-net, corporate-guaranteed lease that features 5 percent rent increases every five years. A preferred developer for Firestone sold the property to a 1031 exchange buyer. Don McMinn and Andrew Koriwchak of Taylor McMinn Retail Group represented the seller in the transaction, which marks the team’s 21st new-construction Firestone closing, according to McMinn. “This closing highlights the growing presence of higher price point 1031 exchange buyers re-entering the net lease market,” says McMinn. “As this momentum continues into 2026, we anticipate strong demand for Bridgestone assets driven by the investment grade credit, long-term triple-net lease and limited on-market supply.” McMinn adds that the Taylor McMinn Retail Group has more Firestone-occupied retail listings coming to market soon.