Property Type

Greystar Tops Out 416-Unit Multifamily Project in Everett, Massachusetts

by Taylor Williams February 16, 2026

EVERETT, MASS. — South Carolina-based developer Greystar has topped out a 416-unit multifamily project in the eastern Boston suburb of Everett. The project represents the second phase of a larger development at 1690 Revere Beach Parkway, the first phase of which totals 325 units and is known as Jade. Phase II is known as Juniper and will offer amenities such as courtyards, a fitness center and a lounge with a golf simulator. CUBE3 Architects designed both properties, which between them will include 850 parking spaces and 10,500 square feet of retail space. Juniper is expected to be complete before the end of the year. Construction of Juniper began in summer 2024.

February 16, 2026

Colorado Development Industrial Loans Western

Lincoln Property Co. Receives $77.1M in Financing for Commerce Yards Industrial Project in Colorado

by Amy Works February 16, 2026

COMMERCE CITY, COLO. — Lincoln Property Co. has received $77.1 million in total project financing for Commerce Yards, a Class A industrial development located at 9401 Heinz Way in Commerce City. JLL secured the financing package, which included a joint venture from a confidential partner and a construction loan from First Horizon Bank. JLL’s Peter Merrion, Rob Key and Will Mogk led the equity placement process. Leon McBroom and Jim Curtin of JLL executed the debt placement for the borrower. Spanning 46 acres, the low-coverage warehouse project will offer 466,00 square feet of industrial space spread across three buildings ranging from 113,000 square feet to 200,000 square feet, with 14 acres of dedicated secured yard space for outdoor storage. The project’s zoning allows 50 percent of the site for outdoor storage. Each building will offer 28- to 32-foot clear heights with rear-load configurations, generous loading positions and 4,000 amps of power. Additionally, the property is rail-serviceable and located within an Enterprise Zone, offering tax benefits to tenants. Construction is slated to begin in April, with completion expected by May 2027.

February 16, 2026

Acquisitions Multifamily New York Northeast

JLL Brokers $30.7M Sale of Apartment Complex in Port Chester, New York

by Taylor Williams February 16, 2026

PORT CHESTER, N.Y. — JLL has brokered the $30.7 million sale of an apartment complex at 1 N. Main St. in Port Chester, located along the New York-Connecticut border, that was built in 2022 and includes 7,630 square feet of retail space. According to Apartments.com, the building totals 79 units. Residences come in studio, one- and two-bedroom floor plans. Jose Cruz, Jeffrey Julien, Steve Simonelli and Austin Pierce of JLL represented the seller and original developer, a partnership between an affiliate of G&S Investors and Robert Martin Co., in the deal. The buyer was regional development and investment firm KABR Group.

February 16, 2026

Loans Multifamily Utah Western

Dwight Capital Provides $60M Construction Loan for Apartment Project in Salt Lake City

by Amy Works February 16, 2026

SALT LAKE CITY — On behalf of Lotus Co., Dwight Capital has provided a $60 million HUD 221(d)(4) new construction loan for Lotus Alchemy, a 184-unit apartment development in downtown Salt Lake City. The nonrecourse loan will feature interest-only payments for 24 months and automatically convert to a 40-year fully amortizing loan. The project will include a six-story residential building with a two-level parking garage. The ground floor will include approximately 9,000 square feet of commercial space across three retail units, including a restaurant, and a 2,700-square-foot lobby and leasing office. The third floor will feature an amenity deck with a resort-style pool and spa, a two-story fitness center and a clubhouse with a game loft. Floors four through six will be connected via a sky bridge spanning the central courtyard with panoramic views of the Wasatch Mountains. Additional amenities will include a dog wash, walking path, barbecue station and a community fire pit.

February 16, 2026

Acquisitions California Multifamily Western

CBRE Arranges $26.5M Sale of Multifamily Community in Santee, California

by Amy Works February 16, 2026

SANTEE, CALIF. — CBRE has brokered the sale of La Roca Plaza, an apartment property in Santee. Casa La Roca Apartments LLC acquired the asset from La Roca Plaza LP for $26.5 million. Situated on 4.6 acres, La Roca Plaza offers 100 one-, two- and three-bedroom floor plans. Community amenities include a pool, playground, central courtyard, onsite laundry, high-speed internet access and 154 onsite street parking spaces. Conor Brennan and Rachel Parsons of CBRE represented both the seller and buyer in the deal.

February 16, 2026

Acquisitions California Retail Western

JLL Negotiates $20.3M Sale of Embassy Plaza Retail Center in North Hollywood

by Amy Works February 16, 2026

LOS ANGELES — JLL Capital Markets has directed the sale of Embassy Plaza, a neighborhood retail center in Los Angeles’ North Hollywood submarket. A Los Angeles-based family office acquired the asset from a private seller for $20.3 million. Located at 6050-6140 Lankershim Blvd., Embassy Plaza features 70,121 square feet of retail space anchored by Superior Grocers. At the time of sale, the property was 67 percent occupied. Current tenants include Starbucks Coffee, T-Mobile, Little Caesars and additional shops. Daniel Tyner, Gleb Lvovich and Geoff Tranchina of JLL represented the buyer in the transaction.

February 16, 2026

Acquisitions Indiana Industrial Midwest Ohio

Ambrose Acquires Four Midwest Industrial Assets Totaling 1 MSF for $102M

by Kristin Harlow February 16, 2026

INDIANA AND OHIO — Ambrose has acquired four industrial assets in Indiana and Ohio totaling more than 1 million square feet for just over $102 million. Artemis Real Estate Partners sold three of the facilities. An Italian and specialty foods distributor was the seller of the fourth property. The assets include 2588 Jannetides Blvd., a 512,000-square-foot facility located directly along I-70 in Greenfield, Ind., within the East submarket of Indianapolis. The property is partially occupied by Wesco with 287,500 square feet available to lease in July. The building features a clear height of 32 feet and a 27.5-acre industrial outdoor storage yard. Situated within the River Ridge Commerce Center in Jeffersonville, Ind., 200 Trey St. is a 256,500-square-foot, rear-load distribution facility. The site benefits from an on-campus rail yard operated by OmniTRAX, proximity to I-65 and convenient connectivity to the Port of Indiana-Jeffersonville and the UPS WorldPort. Niagara Bottling fully occupies the building. A 201,600-square-foot building at 6770 Shook Road in Lockbourne, Ohio, features a clear height of 32 feet and a 1.6-acre lot for trailer/van parking. Kroger and Component Hardware fully lease the property. In Whitestown, Ind., 5000 Anson Blvd. is a 151,306-square-foot cold storage building that features temperature-controlled …

February 16, 2026

Development Industrial Kansas Midwest

J.M. Smucker Co. to Invest $20.5M for Manufacturing Facility Expansion in Topeka, Kansas

by Kristin Harlow February 16, 2026

TOPEKA, KAN. — The J.M. Smucker Co. and its subsidiary Big Heart Pet Brands Inc. are making a $20.5 million investment in Topeka through an expansion of its manufacturing facility. The project includes a capital investment of $17.8 million in real property and $2.7 million in equipment. To accelerate the growth, the Joint Economic Development Organization board of Topeka and Shawnee County has approved economic development incentives totaling $383,000. Reser’s Fine Foods also recently announced a $34 million expansion in Topeka.

February 16, 2026

Acquisitions Illinois Midwest Multifamily

Interra Realty Brokers $14M Sale of Chicago Apartment Building

by Kristin Harlow February 16, 2026

CHICAGO — Interra Realty has brokered the $14 million sale of a 50-unit apartment building in Chicago’s Lakeview neighborhood. Joe Smazal of Interra represented the buyer, JAB Real Estate, and the confidential seller. The transaction marks the first time the asset has traded hands in 20 years. Built in 1927, the courtyard building features 13 studio, 24 one-bedroom, one three-bedroom and six four-bedroom floor plans. Recent renovations to some units include hardwood flooring, updated bathrooms and new kitchens. Residents have access to an onsite fitness center.

February 16, 2026

Leasing Activity Midwest Missouri Office

Paris Brothers to Open New Headquarters in Kansas City’s Power & Light District

by Kristin Harlow February 16, 2026

KANSAS CITY, MO. — Paris Brothers, a Kansas City-based global food and beverage company, has finalized a new seven-year lease for a headquarters office in Kansas City’s Power & Light District. The company will relocate its corporate team to a 16,000-square-foot space at 13th Street and Baltimore Avenue. Paris Brothers is best known as the parent company of Parisi Coffee. The new space will enable the company to better host partners and develop new products, according to a release. Paris Brothers expects to open the new office in advance of the World Cup, of which Kansas City is one of the host cities.

February 16, 2026

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