WILMINGTON, MASS. — Regional brokerage firm Atlantic Capital Partners has arranged the $10 million sale of two office buildings totaling 61,888 square feet in Wilmington, a northern suburb of Boston. The buildings at 226 and 230 Lowell St. total 40,899 and 20,989 square feet, respectively, and can also support additional uses. Justin Smith, Chris Peterson, Danielle Turpin and John Dixon of Atlantic Capital Partners represented the undisclosed seller in the transaction. The buyer was also not disclosed.
POUGHKEEPSIE, N.Y. — Regional brokerage firm The Kislak Co. Inc. has negotiated the $8.3 million sale of Hamilton Garden Apartments, a 58-unit building in Poughkeepsie, located north of New York City. The property consists of seven two-story buildings that were built between 1925 and 1965 and house studio, one- and two-bedroom units, as well as onsite laundry facilities. Janet Bortz of Kislak brokered the deal. The buyer and seller were not disclosed.
NEW YORK CITY — Zeta Charter Schools will open a 35,000-square-foot temporary high school facility in the Washington Heights area of Upper Manhattan. The lease term is two years, and the space is located within St. Rose of Lima Catholic Church. Lindsay Ornstein and Alexander Smith of OPEN Impact Real Estate represented Zeta Charter Schools in the lease negotiations. The landlord, the Archdiocese of New York, was self-represented.
ALBUQUERQUE, N.M. — SimonCRE has acquired approximately 38 acres of land to develop Lobo Crossing, a 363,000-square-foot, open-air center located on the University of New Mexico’s south campus in Albuquerque. A timeline for the $150 million project was not disclosed. Target will anchor Lobo Crossing, which will feature 11 junior anchors and 45,000 square feet of space for small retail and restaurant operators. Committed tenants include Burlington, Marshalls, HomeGoods, Sierra, Boot Barn, Five Below and Michaels. Seven additional retailers are finalizing leases, according to the company. The center is currently 90 percent preleased. Lobo Crossing is set to be the largest retail center developed in New Mexico in recent decades, according to SimonCRE.
DES MOINES, WASH. — Mill Creek Residential has begun construction of Modera Woodmont Beach, an apartment community in Des Moines, 20 miles south of downtown Seattle. Resident move-ins are estimated to begin in summer 2027. Modera Woodmont Beach will include 280 one-, two- and three-bedroom apartments and 7,500 square feet of retail space. Community amenities will include a resort-style pool, hot tub, an outdoor deck, a grilling and outdoor dining area, a resident clubhouse, coffee bar, dog park, children’s playground and a fitness studio. Additionally, residents will have access to a coworking lounge with private workstations, package storage and gated parking with electric vehicle charging stations. The community will be built to National Green Building Standard (NGBS) certification, which awards points for features such as energy and water efficiency and indoor air quality.
MANTECA AND STOCKTON, CALIF. — MBK Senior Living has sold two seniors housing communities in California totaling 198 units. Clarion Partners acquired the communities for an undisclosed price. Located in Manteca and Stockton, the portfolio includes The Commons at Union Ranch and The Commons on Thornton. Built in 2004, The Commons on Thornton features 100 assisted living and memory care units. The property was 94 percent occupied at the time of sale. The Commons at Union Ranch was built in 2008 and comprises 98 assisted living and memory care units. The community was 97 percent occupied at the time of sale. Aaron Rosenzweig and Dan Baker of JLL represented the seller in the transaction.
GOLDEN, COLO. — Colorado School of Mines has purchased a R&D and laboratory facility located at 16194 W. 45th Drive in Golden. J&N Real Estate Co. sold the asset for $5.8 million. Colorado School of Mines acquired the 50,646-square-foot property as part of its continued expansion to support research, innovation and academic growth in Jefferson County, Colo. Tanner Digby of Digby Commercial Advisors represented the seller, while Kurt Liss of JLL represented the buyer in the deal.
ST. LOUIS — St. Louis-based McCarthy Building Cos. has topped out construction of the 14-story, 200-bed SSM Health Cardinal Glennon Children’s Hospital in St. Louis. The topping out ceremony signified completion of the building’s structural frame and advanced the hospital toward the planned opening in late 2027. The new facility will incorporate advanced technology, expanded specialty units and a “healing-focused environment.” Plans call for a larger pediatric intensive care unit, new bone marrow transplant unit, increased operating room capacity, a dedicated dialysis unit and private, light-filled NICU, PICU and CVICU spaces. The project team includes Dallas-based architecture and design firm HKS Inc. and St. Louis-based planning and design firm The Lawrence Group. SSM Health is a Catholic, nonprofit health system with care delivery sites in Illinois, Missouri, Oklahoma and Wisconsin.
OVERLAND PARK, KAN. — nbkc bank has acquired a new headquarters building at 7400 W. 110th St. in Overland Park. The new headquarters will accommodate the majority of nbkc’s Kansas City-based employees and include a bank branch. The bank anticipates relocating staff to the building in 2027. nbkc has been headquartered at 8320 Ward Parkway in Kansas City since 2017. The new building in Overland Park is roughly 127,000 square feet. The bank will lease space to third-party tenants. Renovations are expected to commence soon and be substantially completed by the time nbkc employees move in.
ELK GROVE VILLAGE, ILL. — Stage Equity Partners has sold the Elk Grove Village Medical Campus, a 52,126-square-foot campus with four medical outpatient buildings in metro Chicago. Private capital group Casa Avore was the buyer. Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof, Jesse Greshin, Trent Jemmett and Kevin Kobe of CBRE represented the seller. Fresenius Medical Care is the anchor tenant. Other tenants include Midwest Sports Medicine & Orthopaedic Surgical Specialists, Medical Center Dental Associates and Nephrology Associates of Northern Illinois and Indiana. The campus was 95 percent occupied with a weighted average length of tenancy in excess of 20 years at the time of sale.