Property Type

Marcus & Millichap Arranges $6.7M Sale of 28-Unit Multifamily Property in San Francisco

by Amy Works June 19, 2026

SAN FRANCISCO — Marcus & Millichap has brokered the sale of 1275-1281 8th Ave., a 28-unit multifamily property in San Francisco. A private family trust sold the asset to local value-add investors for $6.7 million, or $237,500 per unit. Eymon Binesh and Gino Franco of Marcus & Millichap’s San Francisco office represented the seller and procured the buyer in the transaction. Built in 1926, the 17,500-square-foot property is situated on a 0.3-acre parcel at the intersection of 8th Avenue and Irving Street. The unit mix includes 14 one-bedroom units, 11 two-bedroom units, three studios and four accessory dwelling units. According to Marcus & Millichap, the buyer plans to renovate all 28 units.

June 19, 2026

Development Leasing Activity Retail Southeast Virginia

KLNB Arranges Leases With Aldi, Other Retailers at Retail Development in Stafford, Virginia

by John Nelson June 19, 2026

STAFFORD, VA — Mid-Atlantic commercial real estate brokerage firm KLNB has arranged multiple retail leases for the Market at Austin Ridge, a shopping center underway in Stafford. The new leases are with Aldi, Texas Roadhouse, Sheetz and Flagship Carwash. Dimitri Georgelakos and Veronica Kamara of KLNB worked on behalf of the undisclosed landlord in the lease negotiations.

June 19, 2026

Acquisitions Midwest Minnesota Office

Real Capital Solutions Acquires Minneapolis Office Property for $34M

by Kristin Harlow June 19, 2026

MINNEAPOLIS — Real Capital Solutions (RCS) has acquired 3701 Wayzata Boulevard, a 308,681-square-foot office property in the Urban West End neighborhood of Minneapolis, for $34 million. Situated on 25.8 acres overlooking Brownie and Cedar lakes, the nine-story asset is 99 percent leased and serves as the headquarters location for several companies such as Tactile Medical, SRF Consulting Group, Regis Corp. and MOBE. Originally developed as a corporate headquarters campus for Prudential and later occupied by Target Corp., the property underwent a comprehensive renovation and repositioning in 2019. Amenities today include a fitness center, conference facilities, a golf simulator, onsite café, outdoor gathering spaces, a rooftop patio, bike storage and direct access to regional trail systems.

June 19, 2026

Acquisitions Indiana Industrial Midwest

CBRE Arranges Sale of Newly Converted 112,862 SF Industrial Building in Northern Indiana

by Kristin Harlow June 19, 2026

ELKHART, IND. — CBRE has arranged the sale of a 112,862-square-foot industrial building located at 3701 S. Main St. in Elkhart. CBRE’s Will Roberts, Steve Timmel and Chris Deutscher represented the seller, Industrial Commercial Properties, which redeveloped the former Concord Mall into Concord Business Park. The project to convert the former JC Penney store included a full interior demolition, increased clear heights and the addition of loading docks and drive-in doors. The property was fully leased at the time of sale to LEER Group. Vault Equity Partners was the buyer.

June 19, 2026

Acquisitions Midwest Ohio Retail

Cooper Group Brokers $4.3M Sale of Retail Center in North Olmsted, Ohio

by Kristin Harlow June 19, 2026

NORTH OLMSTED, OHIO — The Cooper Commercial Investment Group has brokered the $4.3 million sale of Bentley Coe Plaza, a 36,966-square-foot retail center in North Olmsted near Cleveland. Dan Cooper of Cooper Group represented the seller. The buyer was identified prior to formally marketing the property for sale. The asset traded at a 7.4 percent cap rate.

June 19, 2026

Development Midwest Missouri Retail

HDA Completes Design of 23,000 SF Nissan Dealership in Herculaneum, Missouri

by Kristin Harlow June 19, 2026

HERCULANEUM, MO. — Architect HDA has completed the AutoCenters Nissan in Herculaneum, a suburb of St. Louis. The 23,000-square-foot project features 8,500 square feet of office, administrative and customer-facing space complemented by 14,500 square feet of service, parts and detail areas. A full curtainwall system wraps the showroom, and the signature red Nissan entry tablet serves as a focal point.

June 19, 2026

Acquisitions Hospitality Michigan New Jersey Northeast Top Stories

Ilitch Cos. Agrees to Acquire Two Casinos in Mississippi and New Jersey, Forms Ilitch Gaming

by Matthew Auchincloss June 19, 2026

DETROIT — Ilitch Cos., which owns and operates the Detroit Red Wings, the Detroit Tigers, pizza chain Little Caesar’s and Olympia Entertainment, has agreed to acquire Scarlet Pearl Casino Resort in D’Iberville, Miss., as well as the remaining 50 percent ownership interest in Ocean Casino Resort in Atlantic City, N.J. In conjunction, Ilitch Cos. CEO Chris Ilitch has also announced the formation of Ilitch Gaming, a new enterprise that will oversee the company’s gaming businesses, including the two new casinos. Detroit-based Ilitch Cos. also owns MotorCity Casino Hotel, located in Detroit, which will also now come under Ilitch Gaming’s operating umbrella. Scarlet Pearl Casino Resort is a 300-key hotel with a gaming floor containing more than 800 slots and video poker machines and 30 table games. The property also features multiple amenities and a 36-hole miniature golf course. The purchase of Scarlet Pearl Casino Resort marks the third market Ilitch Cos. has expanded into. Ocean Casino Resort features 1,860 rooms with a 135,000-square-foot casino floor, a 4,500-seat concert venue and 160,000 square feet of meeting and convention space. The beachfront property spans than 20 acres and offers proximity to the Atlantic City Boardwalk. In addition, Ocean Casino Resort offers a …

June 19, 2026

Market Reports Multifamily Nevada Western Western Market Reports

Las Vegas’ Multifamily Market Enters a New Demand Era as Supply Normalizes

by John Nelson June 19, 2026

— By Justin Neubeck of CBRE — Las Vegas is approaching an important turning point in its multifamily cycle. After several years of elevated construction, the market is now moving beyond its peak delivery period. The region completed about 7,071 units in 2023 — the highest total in more than 20 years. This was followed by 5,247 units in 2024 and 6,302 units in 2025. Deliveries are expected to decline again in 2026, to roughly 5,334 units. Meanwhile, 2027 deliveries areprojected to return to the 30-year average of about 3,500 units, including the 3,321 units currently scheduled. This shift marks the beginning of a more balanced supply environment. At the same time, the region continues to attract new residents at levels that outpace the national average. Clark County reached a population of about 2.4 million in 2024, an increase of 2.1 percent from 2023. It is projected to grow to more than 2.9 million by 2040, and to surpass 3 million by 2045. Southern Nevada also welcomed more than 40,000 new residents in 2025 alone. Nearly 47 percent came from California. This included 14,200 from Los Angeles County and thousands more from Orange County, San Diego and the Bay Area. …

June 19, 2026

Development Loans Multifamily Seniors Housing Texas

Nuveen Provides $38.6M in C-PACE Financing for Seniors Housing Development in Central Texas

by Taylor Williams June 18, 2026

HORSESHOE BAY, TEXAS — Nuveen Green Capital has provided $38.6 million in Commercial Property Assessed Clean Energy (C-PACE) financing for the development of a new seniors housing community in Horseshoe Bay, roughly 50 miles northwest of Austin. The borrower and developer is Falcon Senior Housing. Dubbed The Statesman at Horseshoe Bay, the community will total 313,714 square feet upon completion and will feature 180 independent living, assisted living and memory care units. Financing for the project also includes EB-5 immigration investment funds.

June 18, 2026

Loans Office Texas

JLL Arranges Refinancing of Portion of Old Parkland Office Campus in Uptown Dallas

by Taylor Williams June 18, 2026

DALLAS — JLL has arranged a loan of an undisclosed amount for the refinancing of six office buildings totaling 288,217 square feet within the historic Old Parkland campus in Uptown Dallas. The campus was originally built in 1894 as a teaching hospital and has been redeveloped and repositioned over the past 20 or so years. John Rose, Ryan Pollack and Jordan Buck of JLL arranged the five-year, fixed-rate loan through funds affiliated with Blackstone Real Estate Debt Strategies. The borrower was not disclosed.

June 18, 2026

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