Tuesday, April 7, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

1690-Revere-Beach-Parkway-Everett-Massachusetts
DevelopmentMassachusettsMultifamilyNortheast

Greystar Breaks Ground on 325-Unit Multifamily Project in Everett, Massachusetts

by Taylor Williams

EVERETT, MASS. — South Carolina-based developer Greystar has broken ground on a 325-unit multifamily project in the northeastern Boston suburb of Everett. The site at 1690 Revere Beach Parkway previously housed a Stop N Shop grocery store. The project, which represents Phase I of a larger, 741-unit development, will ultimately house 875 parking spaces, 9,500 square feet of retail space and 22,800 square feet of indoor and outdoor amenities. CUBE3 Architects designed the project. Phase I is slated for an early 2025 completion.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMassachusettsMultifamilyNortheastSeniors Housing

MassHousing Provides $31M in Financing for Affordable Seniors Housing Complex in Metro Boston

by Taylor Williams

CHARLESTOWN, MASS. — MassHousing has provided $31 million in financing for City Square Elderly Housing, a 120-unit affordable seniors housing complex in Charlestown, a northern suburb of Boston. The complex was originally constructed in 1900 and renovated in 1985. Units come in studio and one-bedroom floor plans. The borrower, CSI Support & Development Services, will use the proceeds to refinance existing debt, fund capital improvements and preserve the property’s affordability status. The loan carried a 35-year term and a fixed interest rate.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsConnecticutIndustrialNortheastSelf-Storage

Marcus & Millichap Arranges Sale of Self-Storage Development Site in Woodbury, Connecticut

by Taylor Williams

WOODBURY, CONN. — Marcus & Millichap has arranged the sale of a self-storage development site in Woodbury, located in the western part of the state, that is approved for 217 units across 23,690 net rentable square feet of climate-controlled space. Luke Dawley, Nathan Coe, Brett Hatcher and Gabriel Coe of Marcus & Millichap represented the seller and procured the buyer in the transaction. Both parties were limited liability companies that requested anonymity. John Krueger of Marcus & Millichap assisted in closing the deal as the broker of record.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNortheastOfficePennsylvania

NAI Mertz Brokers Sale of 23,433 SF Office Building in Bristol, Pennsylvania

by Taylor Williams

BRISTOL, PA. — NAI Mertz has brokered the sale of a 23,433-square-foot office building in Bristol, located northeast of Philadelphia in Bucks County. Zena Charokopos and Rick Gordon of NAI Mertz represented the seller in the transaction. Adam Lashner and Jeff Licht, also with NAI Mertz, represented the buyer, which plans to use the property as an adult care facility. Both parties requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
100-Walnut-Ave-Perris-CA.jpg
AcquisitionsCaliforniaIndustrialWestern

Ares Management Buys 205,589 SF Industrial Building in Perris, California for $59.3M

by Amy Works

PERRIS, CALIF. — An Ares Management fund has acquired an industrial building, located at 100 Walnut Ave. in Perris, from 100 Walnut LLC for $59.3 million. Built in 2022 on 9.6 acres, the 205,589-square-foot property features 36-foot clear heights, 27 dock doors and 1,200 amps of power. GPA Logistics currently occupies the entire building. Cody Lerner of Avison Young represented the buyer, while Carol Taubman of Westgate Industrial Properties represented the seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
2425-Auto-Way-Escondido-CA
AcquisitionsColoradoIndustrialLoansOfficeWestern

JLL Arranges $20.6M in Acquisition Financing for Multi-Tenant Distribution Facility in San Diego

by Amy Works

SAN DIEGO — JLL Capital Markets has arranged $20.6 million in acquisition financing and joint-venture equity for a multi-tenant corporate headquarters and distribution facility located at 2425 Auto Way in Escondido. The borrower is a joint venture between Stos Partners and a private investor. Aldon Cole and Brad Vansant of JLL Capital Markets Debt & Structured Finance arranged the short-term, floating-rate loan through an insurance company. Sound Image and Goodman fully lease the 88,690-square-foot facility, which features 20-foot to 22-foot clear heights, dock- and grade-level loading doors, 200 parking spaces and 10,000 square feet of office space.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsColoradoMultifamilySeniors HousingWestern

Ensign Group Acquires Two Skilled Nursing Facilities in Colorado

by Amy Works

BRIGHTON AND NORTHGLENN, COLO. — The Ensign Group Inc. (NASDAQ: ENSG) has acquired the operations of Brighton Care Center, a 108-bed skilled nursing facility located in Brighton, and Malley Transitional Care Center, a 162-bed skilled nursing facility located in Northglenn. These acquisitions are subject to a long-term, triple-net lease. “We are excited about growing in Colorado,” says Barry Port, Ensign’s CEO. “These facilities are a great fit to our existing portfolio and we look forward to the contribution each will have in our operational market and clusters in Colorado.” This acquisition brings Ensign’s growing portfolio to 271 healthcare operations, 26 of which also include senior living operations, across 13 states.

Continue Reading
FacebookTwitterLinkedinEmail
3980-University-Ave-Riverside-CA.jpg
AcquisitionsCaliforniaRestaurantRetailWestern

Progressive Real Estate Brokers Sales of Two Retail Pad Buildings in Riverside, California

by Amy Works

RIVERSIDE, CALIF. — Progressive Real Estate Partners has arranged the sales of two adjacent single-tenant retail properties that. Private investors acquired the properties in separate deals for a combined total of $4.2 million. Greg Bedell of Progressive Real Estate Partners represented the Los Angeles-based seller for both transactions. The transactions are: The $2.1 million, or $920 per square foot, sale of 3940 University Avenue. Plant Power, a fast-casual drive-thru restaurant with patio, occupies the 2,250-square-foot building. The $2.1 million, or $614 per square foot, sale of 3980 University Avenue. Richie’s Hot Chicken and Carlo’s Tijuana Tacos are tenants at the 3,500-square-foot building.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialWashingtonWestern

Marcus & Millichap Negotiates Sale of 19,200 SF Industrial Building in Lakewood, Washington

by Amy Works

LAKEWOOD, WASH. — Marcus & Millichap has brokered the sale of an industrial building located at 2520 112th St. S in Lakewood. A limited liability company sold the asset for $3.4 million. The buyer is a locally owned vehicle upfitter for law enforcement agencies and will occupy the 19,200-square-foot property for its own use. Matthew Herman and Stren Lea of Marcus & Millichap’s Seattle office represented the seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
Bahadir Yetki, Kontrolmatik Technologies
DevelopmentIndustrialSouth CarolinaSoutheastTop Stories

Kontrolmatik Plans $279M Lithium Ion Battery Factory in Colleton County, South Carolina

by Taylor Williams

COLLETON COUNTY, S.C. — Kontrolmatik Technologies, a construction and engineering firm based in Istanbul, has unveiled plans for a $279 million plant in coastal South Carolina’s Colleton County that will manufacture lithium ion batteries. Pomega Energy Storage Technologies, a subsidiary of Kontrolmatik, will operate the facility, which is scheduled for completion in 2024. At that time, Kontrolmatik, whose U.S. headquarters are based in Northern Virginia, expects to employ about 575 people at the facility. The exact site was not disclosed, but the southern portion of the county touches the Atlantic Ocean and offers proximity to the Port of Charleston. This aspect of the location, along with access to a qualified workforce, should help address domestic reliance on foreign supply chains for these critical devices, according to the site selection team. Keith Stauber and Meredith O’Connor of JLL led the site selection efforts for Kontrolmatik, a process that involved touring more than 200 locations. The factory will have a three-gigawatt hour capacity, meaning its annual energy consumption is enough to power about 2.3 million American homes. “South Carolina and Colleton County were aggressive in their pursuit of this exciting project and put forth compelling economic, supply chain and workforce reasons why …

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts