Property Type

757-Hellertown-Road-Bethlehem-Pennsylvania

J.G. Petrucci Nears Completion of 216,000 SF Cold Storage Project in Bethlehem, Pennsylvania

by Taylor Williams November 13, 2026

BETHLEHEM, PA. — Regional developer J.G. Petrucci Co. Inc. is nearing completion of a 216,000-square-foot cold storage project in the Lehigh Valley city of Bethlehem. The building at 757 Hellertown Road is being developed in partnership with BGO Cold Chain, an investment group that specializes in that subcategory of industrial product, and is fully preleased to Freshpet. J.G. Petrucci’s in-house construction team, Iron Hill Construction Management, served as the general contractor for the project, which is expected to be fully complete by the end of the year.

November 13, 2026

Acquisitions California Industrial Western

Dermody Acquires 606,343 SF Logistics Facility in Tracy, California

by Amy Works November 13, 2026

TRACY, CALIF. — Dermody has purchased a logistics facility at 1269 E. Grant Line Road in Tracy. Terms of the transaction were not released. Rebecca Perlmuter of CBRE National Partners represented the undisclosed seller in the deal. Michael Goldstein, Ryan McShane and Alex Hoeck of Colliers will handle leasing for the property. Completed in 2023, the 606,343-square-foot building features a clear height of 40 feet, 103 dock-high doors, four grade-level doors, 176 trailer stalls and 220 car parking stalls. The property also features a 185-foot truck court that is fully fenced and secured with gated entries, 4,000-amp electrical service, ESFR fire protection, LED lighting, 60-foot speed bays and approximately 4,054 square feet of office space. Situated on 29.3 acres, the asset offers immediate access to I-205, with additional connectivity via interstates 5 and 580 to Silicon Valley, the San Francisco Bay Area, the Port of Oakland and San Francisco International Airport.

November 13, 2026

Arizona Development Restaurant Retail Western

Evergreen Breaks Ground on Fitness-Anchored Shopping Center in Metro Phoenix

by Amy Works November 13, 2026

CAVE CREEK, ARIZ. — Evergreen Development, on behalf of the Bullington family, has broken ground on Black Mountain Marketplace, a planned 13.3-acre neighborhood center located in Cave Creek, roughly 30 miles north of Phoenix. A 41,337-square-foot Mountainside Fitness will anchor the project, which is expected to be completed in the summer of 2027. Black Mountain Marketplace includes seven outparcel pads planned for dining, services and neighborhood-serving retail that will complement Mountainside Fitness and serve the surrounding Cave Creek and North Phoenix communities. Several transactions are currently in progress, with limited availability remaining for drive-thru pads. Evergreen is serving as the Bullington family’s development partner and is leading the planning, entitlement and construction of the project, alongside A.R. Mays Construction as general contractor, Upward Architects as architect and Hubbard Engineering as civil engineer.

November 13, 2026

Acquisitions Arizona Office Property Type Western

Concord Place Investments Sells 135,841 SF Office Building in Phoenix for $32M

by Amy Works November 13, 2026

PHOENIX — Concord Place Investments has completed the disposition of Concord Place, a six-story office building at 2999 N. 44th St. in Phoenix. Mustang Stampede Two LLC acquired the asset for $32 million. Defined by its patinated copper dome, Concord Place features 135,841 square feet of office space in small-scale suites, ranging from 900 square feet to 4,500 square feet. The property also features an all-stone façade, patios, balconies, a grand staircase lobby, flagstone-clad plazas and a 12,800-square-foot koi pond. Additionally, the sixth floor features a hand-painted mural by Navajo artist David Johns that spans the domed ceiling of the conference room. Chris Toci and Eric Wichterman of Cushman & Wakefield represented the seller. Tyson Breinholt of Commercial Properties represented the buyer in the deal.

November 13, 2026

Acquisitions California Industrial Western

Faropoint Buys Industrial Facility in Corona, California for $21.5M

by Amy Works November 13, 2026

CORONA, CALIF. — Faropoint has acquired 725 E. Harrison Street, an industrial property in Corona, for $21.5 million. Makenna Peter, Luke McDaniel and Hunter McDonald of JLL Capital Markets represented the undisclosed seller in the deal. Built in 1991 on a 5.8-acre site, the fully secured 116,555-square-foot facility features 2,500 amps of power, 27- to 29-foot clear heights, seven dock positions with the ability to expand to nine dock positions, four grade-level doors and 125- to 140-foot truck court depths. Additionally, the property includes 222 auto parking stalls and connectivity to Corona’s Inland Empire Brine Line. At the time of sale, the asset is fully leased to a long-tenured industrial tenant that serves the aerospace, automotive and medical industries.

November 13, 2026

Loans Midwest Multifamily Wisconsin

JLL Arranges $39.1M in Financing for Apartment Complex in Suburban Milwaukee

by Kristin Harlow November 13, 2026

MENOMONEE FALLS, WIS. — JLL Capital Markets has arranged $39.1 million in construction takeout financing for Tennessen Flats, a 173-unit apartment community in the Milwaukee suburb of Menomonee Falls. Phil Galligan, Brian Walsh, Christian Johnston and Merrick Evans of JLL secured a floating-rate loan through Argentic on behalf of the borrowers, Weas Development and Klein Development. The loan refinanced the property’s existing construction loan. Completed in 2025, Tennessen Flats consists of three four-story buildings and is complemented by two standalone retail buildings totaling 15,360 square feet. Amenities include a pool, rooftop terraces, a fitness center, yoga studio and resident lounge.

November 13, 2026

Acquisitions Midwest Multifamily Wisconsin

CBRE Brokers $30M Sale of Multifamily Portfolio in Madison, Wisconsin

by Kristin Harlow November 13, 2026

MADISON, WIS. — CBRE has brokered the nearly $30 million sale of a two-property multifamily portfolio totaling 108 units in Madison. CBRE’s Gretchen Richards, Matson Holbrook and Sean Beuche represented the seller, Flad Development & Investments. Back Nine Acquisitions LLC was the buyer. The portfolio includes The Tradition at Smoky’s Club, a 59-unit property, and The Whitney Reserve, a 49-unit building. The assets include more than 2,400 square feet of ground-floor retail space and are located 1.4 miles apart. Both properties feature fitness centers, top-floor plazas with grills, community rooms, coworking and business areas, heated underground parking and electric vehicle charging stations.

November 13, 2026

Acquisitions Indiana Industrial Midwest

Ambrose Sells 297,769 SF Cold Storage Facility in Metro Indianapolis

by Kristin Harlow November 13, 2026

MOUNT COMFORT, IND. — Ambrose has sold Building III at Mount Comfort Logistics Center, a 10-building, 437-acre industrial park located in the East industrial submarket of Indianapolis. The 297,769-square-foot facility in Mount Comfort is fully leased to a third-party logistics firm that specializes in cold storage. The buyer was a locally based private investor. Developed on a build-to-suit basis in 2023 for PL Cold, an affiliate of Progressive Logistics, the facility features 223,000 square feet of freezer and cooler space and 40 docks. Alex Cantu and Alex Davenport of Colliers represented Ambrose in the transaction.

November 13, 2026

Leasing Activity Midwest Office Ohio

AmTrust Leases 102,065 SF Office Building in Mayfield Heights, Ohio

by Kristin Harlow November 13, 2026

MAYFIELD HEIGHTS, OHIO — AmTrust Financial Services Inc. has leased the entirety of a 102,065-square-foot office building at 6055 Parkland Blvd. in Mayfield Heights, an eastern suburb of Cleveland. Property owners Time Equities Inc. and Cleveland-based Legacy RHM Capital acquired the asset in June 2025. The building features direct visibility from I-271 and structured underground parking. AmTrust, a global specialty insurer, signed a 15-year lease.

November 13, 2026

Company News Development Office Texas Top Stories

AT&T Breaks Ground on $1.3B Headquarters Campus in Plano, Texas

by John Nelson November 13, 2026

PLANO, TEXAS — AT&T (NYSE: T) has broken ground on its $1.3 billion headquarters campus in Plano, about 20 miles north of Dallas. The 54-acre campus is ultimately planned to feature 2.2 million square feet of space across seven buildings, as well as three parking garages and a welcome center. The telecommunications giant is consolidating roughly 100,000 employees at the new campus. According to the Dallas Business Journal, AT&T employees will relocate to the Plano office from AT&T’s current headquarters at the Whitacre Tower in downtown Dallas, as well as satellite offices in Irving and Plano. The site formerly housed the headquarters campus for Ross Perot’s Electronic Data Systems (EDS), according to Dallas Business Journal. The former EDS buildings were demolished in August to make way for AT&T. AT&T is developing the horizontally designed campus in partnership with groups such as Dallas-based developer KDC and global architecture firm Gensler. Employee parking was a critical design element for Gensler, which says that all parking will be covered and situated less than three minutes from a building’s front door. Additionally, the campus core will be positioned within a quarter mile from all parking options. The newly constructed buildings will be outfitted with …

November 13, 2026

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