ROCKAWAY, N.J. — JLL has negotiated the sale of a portfolio of two industrial buildings totaling 72,908 square feet in the Northern New Jersey community of Rockaway. The shallow-bay buildings at 200 and 300 Roundhill Drive, which were fully leased at the time of sale, were constructed on a combined between 1987 and 1990 and feature clear heights of 20 feet. Nicholas Stefans, Jason Lundy and Luke Ceccoli of JLL represented the seller, North Jersey Development Group, in the transaction and procured the buyer, Faropoint.
NEW YORK CITY — Robin Hood, a philanthropic organization dedicated to fighting poverty in New York City, has signed a 30-year, 53,000-square-foot office lease at 841 Broadway in Manhattan’s Union Square area. The space spans the entire fifth through eighth floors of the 91,300-square-foot building, which is now fully leased. David Carlos and Andrew Dzenis of JLL represented Robin Hood in the lease negotiations. Andrew Wiener and Robert Fisher internally represented the landlord, The Feil Organization.
LYNNWOOD, WASH. — JLL Capital Markets has brokered the sale of Fairwinds Brighton Court, a 182-unit senior living community located in Lynnwood, roughly 16 miles north of Seattle. Residences at the community, which was built in 1988, include independent living and assisted living units in studio, one- and two-bedroom layouts. Amenities at the 4.4-acre property include a full-service restaurant, bistro, fitness center, salon, library, billiards room and courtyard. Leisure Care will continue to manage the community on behalf of the buyer, a publicly traded REIT. Jay Wagner, Rick Swartz, Aaron Rosenweig, Dan Baker and Dean Ferris of JLL represented the undisclosed seller in the transaction.
EUGENE, ORE. — MAG Capital Partners has completed a long-term sale-leaseback with Great Frontier Holdings to acquire a 57,000-square-foot industrial beverage manufacturing portfolio that is home to Great Frontier’s centralized craft beer, hard seltzer and cider production in Eugene. The portfolio comprises 220 Blair Boulevard, a one-acre facility that services all of the tenant’s beverage lines and includes a brewery, warehouse and material storage space, and 272 Van Buren Street, a half-acre site across the street utilized for brewery production equipment and an indoor tasting room with garden area. Mark Hefner and Zack Danner of Marcus & Millichap’s Sacramento office advised the transaction. Vishal Vinjani and Benjamin Markiles of Los Angeles-based Resolute Structured Capital placed the debt through Deutsche Bank.
LAKEWOOD, COLO. — The U.S. General Services Administration (GSA), U.S. Health and Human Services (HHS) and the U.S. Food and Drug Administration (FDA) have broken ground on a $228 million food lab in Lakewood, a southwestern suburb of Denver. According to Colorado Politics, the site is located within Denver Federal Center, a complex that spans 4 million square feet of space across 90 buildings. The complex houses operations of 28 federal agencies representing some 6,200 employees, according to the local publication. The new food lab will include 16,500 square feet of new lab space for microbiology functions and 14,000 square feet for chemistry initiatives. The facility will be used to support the FDA’s management of foodborne illness outbreaks and ensure product safety for food, drugs and cosmetics. Completion is slated for 2029. The exterior design of the facility will feature a neoclassical style that reflects President Donald Trump’s executive order to “making federal architecture beautiful again.” The interior of the facility will include controlled access and a sustained directional airflow system. Additionally, the property will be the FDA’s only Biosafety Level 3 facility west of the Mississippi River. “Laboratories are vital to the FDA’s mission to ensure the safety of …
Twenty-two apartment properties traded in metro Atlanta during the first quarter of 2026 for just over $1 billion, nearly double the $528 million that traded across 15 deals in first-quarter 2025. Our team’s current offerings are seeing tour volume of 30 to 40 prospects, which is up 20 percent from a couple years ago. We are also seeing 20 or more offers per property, and the quality of buyer has greatly improved — capital has stopped waiting for clarity and started competing for product. Liquidity rebounded in the Atlanta apartment market in 2025, and the supply-demand setup heading into 2027 is the reason institutional and private capital is moving now rather than later. Let’s start with the rebound. Across 2025, transaction count rose 31 percent, total dollar volume increased 18 percent and average cap rates tightened roughly 16 basis points. Buyers paid up for better-located, higher-quality assets and stayed disciplined on legacy unit-count metrics. The bid-ask gap that froze 2023 and most of 2024 finally closed, but on terms that rewarded specificity rather than just appetite. Sellers, for their part, have moved into a more pragmatic posture. A meaningful share of 2026 activity reflects fund-life timing decisions — sponsors that …
RICHARDSON, TEXAS — Celestica, a Canadian electronics manufacturer, has unveiled plans for the expansion of its Telecom Parkway campus in Richardson, a northeastern suburb of Dallas. The initiative represents a capital investment of approximately $300 million and is expected to account for the creation of roughly 2,300 new jobs over the next two years in addition to the retention of about 400 existing jobs. Celestica has renewed its office leases at both its existing buildings and has also begun construction on a new, 343,000-square-foot building. Celestica has also entered into a public-private partnership with the City of Richardson, which has approved a $3 million tenant improvement grant to support Celestica’s long-term commitment, capital investment and job creation.
COLLEGE STATION, TEXAS — International development and construction company Skanska has broken ground on an academic project at Texas A&M University in College Station that is valued at approximately $134 million. The AgriLife Meat Science & Technology Building will span 85,600 square feet and will serve as a cornerstone of a future agriculture district on the university’s West Campus. The facility will feature updated labs, classrooms and processing space to support applied research and hands-on education, as well as a retail outlet with a public storefront for products developed at the center. Construction is expected to be complete in 2028.
ELGIN, TEXAS — Marcus & Millichap has brokered the portfolio sale of two self-storage properties totaling 126,038 net rentable square feet of space across 1,087 units in Elgin, an eastern suburb of Austin. Known as the Solid Ground Storage Portfolio, the facilities are located at 505 and 1210 W. U.S. Highway 290 and feature 81,878 net rentable square feet across 721 units and 44,160 net rentable square feet across 366 units, respectively. Dave Knobler, Mixson Staffel, Charles LeClaire and Jon Danklefs of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
LIBERTY HILL, TEXAS — Walmart (NASDAQ: WMT) will open a 175,995-square-foot store in Liberty Hill, located north of Austin in Williamson County. The store will be located within Santa Rita Ranch, a $100 million mixed-use development, and is expected to add about 400 new jobs to the local economy. The opening is set for next year. Ed Horne is the owner and master developer of Santa Rita Ranch.