Saturday, February 7, 2026
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GeorgiaLoansMultifamilySoutheast

Northmarq Provides $21.1M Freddie Mac Loan for CoHo Apartments in Atlanta’s Buckhead District

by John Nelson

ATLANTA — Northmarq has provided a $21.1 million Freddie Mac loan for the refinancing of CoHo Apartments, a 128-unit multifamily community located at 177 N. Colonial Homes Circle NW in Atlanta’s Buckhead district. The property, which was built in 1948 and renovated in 2015, features a yoga studio, resort-style pool, outdoor grilling area, patio space, fitness center, fenced yards, gazebo, pet play/wash area, flexible lease options, onsite maintenance and a clubhouse. Faron Thompson of Northmarq’s Atlanta office originated the loan on behalf of the undisclosed borrower.

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GeorgiaLeasing ActivityOfficeSoutheast

Cushman & Wakefield Arranges 63,600 SF Office Lease in Atlanta’s Cumberland-Galleria Submarket

by John Nelson

ATLANTA — Cushman & Wakefield has arranged an office lease extension and expansion for Sterling Seacrest Pritchard at 2500 Cumberland, a 144,335-square-foot office building in Atlanta’s Cumberland-Galleria submarket. The tenant will now occupy 63,600 square feet at the office building, which is situated inside the I-285 perimeter near The Home Depot’s headquarters. Annie Lewis, Jon Mayeske and Clinton McKellar of Cushman & Wakefield represented Sterling Seacrest Pritchard in the lease negotiations. John Zintak and Sonia Winfield, also with Cushman & Wakefield, represented the landlord, Noro Management. Sterling Seacrest Pritchard is a privately held insurance brokerage firm and operates its corporate headquarters out of 2500 Cumberland. The firm will add its signage at the top of the building as per the lease agreement. In addition to securing the anchor, Noro Management is updating the building’s amenities to include a new conference facility, outdoor terrace and a grab-and-go café.

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LoansMidwestOfficeOhio

JLL Arranges $155M in Acquisition Financing for Columbus Office Campus

by Kristin Harlow

COLUMBUS, OHIO — JLL Capital Markets has arranged $155 million in acquisition financing for a 400,000-square-foot office campus in Columbus. Paul Spellman and Phil Galligan of JLL arranged the fixed-rate financing on behalf of the borrower, Golden Eagle Group Inc. Further details of the transaction were not provided.

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DevelopmentIllinoisIndustrialMidwest

Scannell Properties to Build 176-Acre Industrial, Retail Development in Belvidere, Illinois

by Kristin Harlow

BELVIDERE, ILL. — Scannell Properties has purchased 176 acres in the Chicago suburb of Belvidere with plans to build an industrial and retail development. The first project within the development will be a 1.3 million-square-foot industrial build-to-suit for an undisclosed Fortune 500 company. Plans also call for a 585,000-square-foot build-to-suit. Scannell Properties plans to reconfigure the roadway to provide two additional retail or commercial outlots. Adam Marshall of Newmark represented Scannell in the land acquisition.

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AcquisitionsIllinoisMidwestNorthmarqRetail

Northmarq Brokers $34.7M Sale of Mariano’s-Occupied Property in Crystal Lake, Illinois

by Kristin Harlow

CRYSTAL LAKE, ILL. — Northmarq has brokered the $34.7 million sale of a freestanding grocery store property occupied by Mariano’s in the Chicago suburb of Crystal Lake. Built in 2018, the property spans 74,800 square feet. The grocery store features a Starbucks, sushi bar, pizza oven, oyster bar and sweets shop. Jason Maier of Northmarq represented the seller, a New York-based private investor. The New York-based buyer completed a 1031 exchange.

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AcquisitionsIllinoisMidwestMultifamily

Interra Realty Arranges $10.3M Sale of Apartment Building in Evanston, Illinois

by Kristin Harlow

EVANSTON, ILL. — Interra Realty has arranged the sale of a 43-unit apartment building in Evanston for $10.3 million. Originally constructed in 1918, the property at 612 Sheridan Road was 95 percent occupied at the time of sale. There are 21 one-bedroom units, 13 two-bedroom units and nine three-bedroom units. Brad Feldman of Interra represented the buyer, a local real estate investor. Patrick Kennelly and Paul Waterloo of Interra represented the seller, a private family group that had owned the property for more than 80 years.

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AcquisitionsHealthcareMidwestSouth Dakota

Cushman & Wakefield Negotiates $7.6M Sale of Medical Office Building in South Dakota

by Kristin Harlow

DAKOTA DUNES, S.D. — Cushman & Wakefield has negotiated the $7.6 million sale of Tower Medical Plaza in eastern Nebraska’s Dakota Dunes. The property totals 35,130 square feet and is fully leased by seven tenants, including Beth Bruening PC, Dunes Family Pharmacy, ENT Consultants, Fyzical, Kevin L. Preston DO, Dunes Pain Specialists and MercyOne. The building is attached to the Dunes Surgical Hospital. Gino Lollio and Travis Ives of Cushman & Wakefield’s healthcare capital markets team partnered with James Hain and Richard Secor of Cushman & Wakefield/The Lund Co. on the transaction. Florida-based Catalyst Healthcare Real Estate purchased the asset from SSC MOB1.

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Gardens-at-West-San-Antonio
AcquisitionsMultifamilyTexas

Newmark Arranges Sale of 252-Unit Gardens at West Apartments in San Antonio

by Taylor Williams

SAN ANTONIO — Newmark has arranged the sale of Gardens at West, a 252-unit apartment community in San Antonio. According to Apartments.com, the property was built in 1995 and features one-, two- and three-bedroom units ranging in size from 664 to 1,269 square feet. Amenities include a pool, fitness center, business center, clubhouse, dog park and outdoor grilling and dining areas. Matt Michelson and Patton Jones of Newmark represented the seller, Regional Investment & Management, in the transaction. The buyer, locally based development and investment firm Embrey, will implement a value-add program and rebrand the property as The Hayden on West Avenue.

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DevelopmentMultifamilySeniors HousingTexas

Braintree, Cadence McShane Underway on 163-Unit Seniors Housing Project in Spring, Texas

by Taylor Williams

SPRING, TEXAS — A joint venture between Braintree Properties and Cadence McShane is underway on construction of Aviva Terranova Independent Senior Living Community in Spring, a northern suburb of Houston. Plans call for a 140,000-square-foot campus comprising four-story, wood-framed structures housing 163 independent living units. Additional features will include a fitness center, pool, theater, library, cybercafé and a parking garage with 215 parking spaces. The project is scheduled for completion in late 2023. Integral Senior Living will operate the property.

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DevelopmentHealthcareTexas

Pisula Development Completes 56,100 SF Medical Office Building in Shenandoah, Texas

by Taylor Williams

SHENANDOAH, TEXAS — Locally based firm Pisula Development has completed Vision Park Medical Office Building, a 56,100-square-foot healthcare project in Shenandoah, about 40 miles north of Houston. The three-story building, which carried a price tag of $15.1 million, sits on 3.2 acres and includes 234 parking spaces. The building is currently 80 percent leased to tenants such as Woodlands Center for Specialty Surgery and Physicians Group of The Woodlands.

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