Thursday, August 13, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

High-5-Entertainment-Allen
DevelopmentRestaurantRetailTexas

Parkway Construction Breaks Ground on 70,000 SF Entertainment Center in Allen, Texas

by Taylor Williams

Parkway Construction has broken ground on a 70,000-square-foot venue for Austin-based High 5 Entertainment in Allen, located on the northeastern outskirts of Dallas. The venue is located within The Farm in Allen, a 135-acre mixed-use development. The entertainment center will feature a landscaped miniature golf course, a 24-lane bowling alley, two-story laser tag arena, axe throwing arena, escape rooms and a scratch kitchen with a full bar. Completion is slated for next spring. JaRyCo is the master developer of The Farm in Allen.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialSouth CarolinaSoutheast

Greystar Breaks Ground on 2 MSF Industrial Park in Spartanburg, South Carolina

by John Nelson

SPARTANBURG, S.C. — Charleston-based development firm Greystar has broken ground on Mid85, a 2 million-square-foot industrial park in the Upstate South Carolina city of Spartanburg. Greystar and general contractor Frampton Construction have begun to build Phase I, which will comprise two speculative warehouses totaling 1.2 million square feet. Building One will total 277,648 square feet, with a rear-load layout, 32-foot clear heights, 58 dock doors and 78 trailer parking spots. Building Two will measure 917,694 square feet and feature a cross-dock layout, 40-foot clear heights, 88 dock doors and 201 parking spaces. The design-build team includes architect McMillan Pazdan Smith, civil engineer SeamonWhiteside and structural engineer WGPM Inc. JLL is handling leasing for the park, which will be situated off I-85 near Inland Port Greer, Greenville-Spartanburg International Airport and BMW’s Spartanburg plant. Greystar expects to deliver Mid85 in October 2024.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentGeorgiaMultifamilySeniors HousingSoutheast

Highlands Residential, Perennial Properties Plan 148-Unit Active Adult Community in Lawrenceville, Georgia

by John Nelson

LAWRENCEVILLE, GA. — Highlands Residential and Perennial Properties have formed a joint venture to build Park Place Apartments, a 148-unit active adult community in Lawrenceville, approximately 30 miles northeast of Atlanta. Construction of the project is already underway, and first move-ins are scheduled for 2024. The senior population of Gwinnett County is expected to grow by 33.6 percent over the next 10 years and Atlanta metro wide by 47 percent, according to the developers. Atlanta-based Highlands Residential is the developer and at completion Perennial Properties will be the property manager. The group also developed and manages The Chateau by Highlands, a 152-unit luxury active adult community in Braselton, about 20 miles further northeast of Park Place.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMultifamilyNorth CarolinaSoutheast

LMG, Denholtz Open 48-Unit Novi Flats Apartments in Downtown Concord, North Carolina

by John Nelson

CONCORD, N.C. — Lansing Melbourne Group (LMG) and Denholtz Properties have opened Novi Flats, a 48-unit apartment community located in downtown Concord, about 27 miles northeast of Charlotte. The property is the first of three adjacent properties being built by the LMG-Denholtz joint venture. The other two communities will be the 167-unit Novi Rise, which will open later this year, and the 89-unit Novi Lofts that is set to open in late 2024. Novi Flats features an upscale industrial aesthetic and units come with quartz countertops, GE stainless steel appliance packages and in-unit washers and dryers. Select units have walk-in showers and closets, balconies and USB outlets. Amenities include a private CrossFit gym, bike room and package concierge, as well as connection to Concord’s Spring Street parking deck via a sky bridge. Novi Flats also features 2,333 square feet of street-level retail space.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsFloridaRetailSoutheast

Marcus & Millichap Brokers $6.7M Sale of West Miami Store Leased to Walgreens

by John Nelson

MIAMI — Marcus & Millichap has brokered the $6.7 million sale of a freestanding store in west Miami that is leased to Walgreens. The 13,650-square-foot store is located on a 1.4-acre parcel at 16690 SW 88th St. and is an outparcel to Kendall Pointe, a shopping center anchored by Aldi and PetSmart. Built in 2004, the store is subject to a new 15-year triple-net lease with Walgreens. Jonathan De La Rosa and Eduardo Toledo of Marcus & Millichap’s Miami office represented the buyer, a local private investment firm, in the transaction. The seller was also not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilySeniors HousingTexas

SLIB Negotiates Sale of 62-Unit Seniors Housing Complex in Carrollton, Texas

by Taylor Williams

CARROLLTON, TEXAS — Senior Living Investment Brokerage (SLIB) has negotiated the sale of an unnamed, 62-unit assisted living and memory care complex in Carrollton, a northern suburb of Dallas. The property totals approximately 40,000 square feet and sits on a 3.6-acre plot. The seller was a private equity group. The Dallas-based buyer was a private investment group that partnered with a local operator. Both parties requested anonymity. Matthew Alley and Jeff Binder of SLIB brokered the deal.

Continue Reading
FacebookTwitterLinkedinEmail
LoansSoutheastStudent HousingWest Virginia

Maverick Arranges $5.4M Loan for Student Housing Community Near West Virginia University

by John Nelson

MORGANTOWN, W.VA. — Maverick Commercial Mortgage Inc. has arranged a $5.4 million loan for the refinancing of a 114-bed student housing property situated adjacent to the campus of West Virginia University in Morgantown. The 34-unit property is located at 251 Stewart St. and features controlled access, 24-hour maintenance and a fitness center. Maverick Commercial arranged the 10-year, fixed-rate loan with a 25-year amortization schedule through an unnamed national bank on behalf of the borrower, a national developer based in Indianapolis.

Continue Reading
FacebookTwitterLinkedinEmail
Affordable HousingLoansMultifamilyTexas

UC Funds Provides $11M Acquisition Loan for West Texas Workforce Housing Portfolio

by Taylor Williams

BOSTON — Boston-based lender UC Funds has provided an $11 million acquisition loan for a portfolio of four West Texas workforce housing properties totaling 275 units. The properties — Winwood Village of Amarillo, Casa Orlando, Plains Village and Winwood Village of Plainview — are located in Amarillo, Lubbock and Plainview. The loan carried a floating interest rate. The borrower was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityTexas

Partners Real Estate Arranges 15,600 SF Industrial Lease in Houston

by Taylor Williams

HOUSTON — Partners Real Estate has arranged a 15,600-square-foot industrial lease in Houston. According to LoopNet Inc., the single-tenant property at 14720 Vickery Drive was built in 2012 and offers 28-foot clear heights. Clint Hankla of Partners represented the landlord, a family office, in the lease negotiations. Nick Bergmann of CBRE represented the tenant, U.S. Foods.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityTexas

AlarMax Distributors Signs 11,430 SF Industrial Lease in Farmers Branch, Texas

by Taylor Williams

FARMERS BRANCH, TEXAS — AlarMax Distributors Inc., a provider of home security products, has signed an 11,430-square-foot industrial lease in the northern Dallas metro of Farmers Branch. The building at 11431 Ferrell Drive totals 33,140 square feet, and the space includes a 3,000-square-foot showroom. Andrew Gilbert and Keaton Brice of Holt Lunsford Commercial represented the landlord in the lease negotiations. Kyle Espie and Brian Pafford of Bradford Commercial Real Estate Services represented the tenant.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts