Property Type

Tishman Speyer Acquires 244-Unit Apartment Community in Raleigh

by John Nelson January 27, 2026

RALEIGH, N.C. — Tishman Speyer has acquired The Maggie, a 244-unit apartment community located at 401 Oberlin Road in Raleigh’s Village district. The property is situated on 2.8 acres adjacent to North Carolina State University. William Yowell, Kevin Kempf, Don Hoffman and Tai Cohen of CBRE brokered the transaction. The seller and sales price were not disclosed. Built in 2014, The Maggie features a unit mix ranging from studios to three bedrooms, as well as 9,000 square feet of street-level retail space. Amenities include a fitness center, outdoor saltwater pool, business center, lounge, golf simulator and a game room.

January 27, 2026

Acquisitions Office Southeast Virginia

Cresa Arranges $12M Sale of Office Building in Vienna, Virginia

by John Nelson January 27, 2026

VIENNA, VA. — Cresa has arranged the $12 million sale of a vacant, 100,000-square-foot office building located at 901 Follin Lane in Vienna, about 17 miles west of Washington, D.C. Navy Federal Credit Union acquired the property from Zalco Commercial. Gene Sachs, Rich Rhodes and Dan Silverman of Cresa represented Navy Federal in the transaction. The property is situated on 9.1 acres across the street from Navy Federal’s headquarters and will be utilized for the time being as a parking lot. Future plans for the office building and surrounding land were not disclosed. The property has sat vacant for the past six years after being leased to an unnamed federal government tenant.

January 27, 2026

Acquisitions Indiana Midwest Retail

Hanley Investment Group Negotiates Sales of Four Indiana Retail Centers Totaling $30.5M

by Kristin Harlow January 27, 2026

FISHERS AND MCCORDSVILLE, IND. — Hanley Investment Group Real Estate Advisors has arranged the sales of four metro Indianapolis retail centers totaling nearly 83,000 square feet. The combined sales price was more than $30.5 million. Three of the centers — Brookschool Plaza, Sunblest Shoppes and Geist Corner — were owned by the same Indianapolis-based private investor. Thompson Thrift owned the fourth property, Geist Landing. Hanley Investment Group’s Dylan Mallory, in association with ParaSell Inc., represented the sellers. Charleston, S.C.-based Bond Street REIT purchased Brookschool Plaza in Fishers. Bryan Belk of Franklin Street represented the buyer. The 22,400-square-foot property, built in 2003, is fully occupied by Dunkin’, Sherwin-Williams, Ascension Medical Group, Travel Eye Care, Boutique Hair and Nails and Speck’s Pet Supply. Bond Street REIT also purchased Sunblest Shoppes in Fishers. Built in 1989, the 9,600-square-foot asset is fully occupied by Papa Murphy’s, Domino’s Pizza, Subway, H&R Block, Sunflower Spa, Armore’ Nails, Marian Coffee and The Mailing Station. A private investor based in Indianapolis purchased Geist Corner in McCordsville. The 19,248-square-foot strip center was built in 2006. Tenants include Goodfella’s Brick Oven Pizza & Pasta, Fit Body Boot Camp, Happy Cuisine, Subway, Huntington Learning Center, Papa John’s, Bella Nail & Spa …

January 27, 2026

Acquisitions Illinois Midwest Retail

Mid-America Brokers Sale of 144,555 SF Shoppes at College Hills in Central Illinois

by Kristin Harlow January 27, 2026

NORMAL, ILL. — Mid-America Real Estate Corp. has brokered the sale of Shoppes at College Hills, a 144,555-square-foot shopping center located at the southwest corner of Old Route 66 and East College Avenue in the central Illinois market of Bloomington-Normal. Anchored by Hobby Lobby, the property is 96 percent leased to tenants such as J.Crew Factory, Starbucks, JD Sports, Maurices, Buckle, Comcast, Dry Goods, Charles Schwab, Massage Envy, J. Jill, Bath & Body Works, Chico’s, Soma, WHBM and Crumbl Cookies. National brands comprise 90 percent of the center. Ben Wineman of Mid-America represented the seller, a joint venture between M&J Wilkow and ALTO Real Estate Funds. A private investment group was the buyer.

January 27, 2026

Acquisitions Indiana Industrial Midwest

Denholtz Acquires 133,200 SF Shallow-Bay Industrial Portfolio in Indianapolis

by Kristin Harlow January 27, 2026

INDIANAPOLIS — Denholtz has acquired Park Elmwood Industrial Park, a four-building, 133,200-square-foot shallow-bay industrial portfolio in Indianapolis. The deal marks New Jersey-based Denholtz’s entrance into the Indiana market. Built in 1978, Park Elmwood is situated on 9.5 acres and features up to 16-foot clear heights, a full wet sprinkler system, 44 dock doors and 47 drive-in doors. Units range from 1,200 to 3,000 square feet. Alex Davenport and Alex Cantu of Colliers represented the seller, while Denholtz was self-represented.

January 27, 2026

Hospitality Kansas Loans Midwest

MMCC Arranges Joint Venture Equity Raise for Hotel Conversion Project in Manhattan, Kansas

by Kristin Harlow January 27, 2026

MANHATTAN, KAN. — Marcus & Millichap Capital Corp. (MMCC) has arranged the joint venture equity raise for the acquisition and conversion of the boutique Bluemont Hotel in Manhattan into a Graduate by Hilton property. TCOR Hotel Partners is the buyer. The property is expected to open as Graduate by Hilton Manhattan in early 2027. The reimagined hotel will feature refreshed guestrooms, enhanced gathering spaces and design elements inspired by the history and traditions of Kansas State University. Pete Fehlman and Jake Marshall of MMCC arranged the joint venture financing.

January 27, 2026

Development Florida Leasing Activity Mixed-Use Office Southeast Top Stories

MSC Group Opens 130,000 SF Office in Miami for North American Cruise Headquarters

by John Nelson January 27, 2026

MIAMI — MSC Group, a privately owned cruise ship operator based in Geneva, has opened a new 130,000-square-foot office in downtown Miami. The new offices house the headquarters of the company’s North American Cruise Division and brings together 400 MSC Group team members from both of the company’s brands: MSC Cruises (23 ships) and Explora Journeys (two luxury ships). “I am thrilled to welcome MSC Group’s North American Cruise Division headquarters to Miami-Dade County, just a few miles from PortMiami,” says Daniella Levine Cava, Mayor of Miami-Dade County. “This exciting investment will create hundreds of new jobs, generate meaningful economic impact and further strengthen Miami-Dade’s position as a global hub for cruise and cargo operations.” Cava and other civic and private stakeholders held a ribbon-cutting ceremony yesterday at Sawyer’s Walk to welcome MSC Group. MSC Group invested $100 million into the build-out of the new offices, which occupy the full seventh floor of Block 55 within Sawyer’s Walk, a 1.5 million-square-foot mixed-use development by SG Holdings. Other uses at Sawyer’s Walk include an 18-story affordable seniors housing tower and 180,000 square feet of retail space leased to tenants including Target, Five Below, Aldi, CVS, Starbucks, Ross Dress for Less and Burlington. …

January 27, 2026

Colorado Features Hospitality Industrial Multifamily Office Retail Self-Storage Seniors Housing Western Western Feature Archive

Real Estate Industry Displays ‘Uneven Performance’ Heading Into 2026, Says Valuation Firm IRR

by John Nelson January 27, 2026

DENVER — The U.S. commercial real estate industry is currently experiencing a mixed bag of demand generators and property-level performance, according to Integra Realty Resources (IRR), a commercial real estate valuation services firm based in Denver. IRR’s conclusions are expanded in Viewpoint 2026, the 33rd edition of the firm’s commercial real estate trends report. “As we enter 2026, we see that the economic environment is becoming more stable, but growth is slower and visibility remains limited,” says Nick Luettke, economist at Moody’s Analytics. “Inflation has eased from recent peaks and interest rates have started to trend lower, however, borrowing costs remain elevated relative to prior cycles. With labor markets softening and policy uncertainty still at play, economic conditions are supportive in some areas but restrictive in others, contributing to uneven performance across the U.S. commercial real estate market.” IRR partnered with Luettke for the macro-economic trends within the report and sought contributions from nearly 600 valuation advisors in the United States and Caribbean. The report delivers sector-specific insights along with three specialty property reports on healthcare and seniors housing, quick-service restaurants and self-storage. Some key findings and forecasts from the main report include: the sustained poor fundamentals within the highly fragmented …

January 27, 2026

California Industrial Market Reports Western Western Market Reports

Repositioning Opens the Door to New Possibilities in Inland Empire’s Industrial Market

by John Nelson January 27, 2026

— By Richard Schwartz of SRS Real Estate Partners — The Inland Empire industrial market has undergone significant recalibration over the past 24 months, moving from the “too hot” environment of 2022 and 2023 marked by record construction and rent escalation to a period of normalization. Construction-driven vacancy has pushed the market into a digestion phase, marked by softening rents, adjusting sale prices and a reset in landlord-tenant expectations. These dynamics will unlock new opportunities as we enter 2026. Limited New Development Creates Breathing Room CoStar data compiled by SRS shows that new construction peaked in 2023 with about 29.5 million square feet delivered. This was followed by 17.8 million square feet in 2024 and an expected 16 million square feet in 2025. Deliveries are projected to fall to roughly 10 million square feet in 2026, making it the lightest post-pandemic year of new supply. This delivery includes several notable projects, such as Amazon’s 2.5-million-square-foot “middle-mile” facility in Hesperia, a 650,000-square- foot storage facility in Desert Hot Springs and a 1.2-million-square-foot facility in Apple Valley that’s leased to Lecangs. This means that more than half of the Inland Empire’s 2026 construction pipeline is already pre-leased, reducing speculative exposure while accelerating the rise …

January 27, 2026

Acquisitions Colorado Loans Multifamily Western

Kennedy Wilson Acquires Fletcher Southlands Apartments in Aurora, Colorado for $94.8M

by Amy Works January 26, 2026

AURORA, COLO. — Kennedy Wilson (NYSE: KW) has acquired The Fletcher Southlands in Aurora’s Southlands submarket for approximately $94.8 million from CBRE Global Investors. JLL Capital Markets has arranged a $61.8 million Freddie Mac acquisition loan for Kennedy Wilson. Brandon Smith, Annie Rice, Mark Wintner and Tony Nargi led the JLL team. The Fletcher Southlands, located at 22959 E. Smoky Hill Road, was built in 2001 on a 23-acre site and features one- to four-bedroom units and amenities that include a pool and hot tub, fitness and business centers, a gaming area, covered parking, a dog park, package lockers, grills, valet trash services, a complimentary coffee bar and free Wi-Fi in common areas.

January 26, 2026

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