Saturday, April 11, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

AcquisitionsGeorgiaHealthcareOfficeSoutheast

CBRE Brokers Sale of 149,202 SF Northwest Medical Center in Atlanta

by John Nelson

ATLANTA — CBRE has arranged the sale of Northwest Medical Center, four-story medical office building located in the Buckhead neighborhood of Atlanta. A joint venture between Harrison Street and HealthAmerica Realty Group sold the 149,202-square-foot property for an undisclosed price. Lee Asher, Zack Holderman, Jordan Selbiger, Trent Jemmett and Cole Reeth of CBRE represented the sellers and procured the buyer — Lincoln Advisors, an affiliate of Dallas-based Lincoln Property Company. The center was 81 percent leased at the time of sale, to tenants offering services including internal medicine, dermatology, gastroenterology, orthopedics, OB/GYN, physical therapy, dentistry, concierge medicine, oral surgery, ENT, plastic surgery, periodontics and imaging.

Continue Reading
FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentFloridaMultifamilySoutheast

Housing Trust Group Opens $21M Affordable Housing Community in Tallahassee

by John Nelson

TALLAHASSEE, FLA. — Housing Trust Group has completed Lafayette Gardens, a $21 million affordable housing community located in the Woodland Drives neighborhood of Tallahassee. Comprising 5.8 acres, the property features 96 units in single- and multi-bedroom layouts. The project team included architectural firm FK Architecture, general contractor Hennessy Construction Services, interior designer Stiles Interiors and landscape architect Wood + Partners. Community amenities include a clubhouse, pool, playground, media center, fitness center, bike/walk trail and a dog park. Chase Bank provided a $15 million construction loan for the project, Raymond James provided $16.1 million in 9 percent low-income housing tax credit (LIHTC) equity and Walker & Dunlop provided a $4.8 million Freddie Mac loan.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentLoansLouisianaRetailSoutheast

Schelin Uldricks Secures $13.9M Construction Loan for Shopping Center in Lake Charles, Louisiana

by John Nelson

LAKE CHARLES, LA. — Schelin Uldricks & Co. has arranged $13.9 million in financing for the redevelopment of University Plaza, a grocery-anchored shopping center located at the corner of Ryan Street and Sale Road in the southeast Louisiana city of Lake Charles. Financing will enable the renovation of portions of the property that experienced hurricane damage in 2020. When finished, the retail center will span 203,965 square feet. An undisclosed regional bank lender provided the loan. The property is currently leased to a mix of tenants that include a fitness center, grocery store and several inline restaurants and retailers.

Continue Reading
FacebookTwitterLinkedinEmail
FloridaLeasing ActivityOfficeSoutheast

West Marine Moves into New 50,000 SF Office Headquarters in Fort Lauderdale

by John Nelson

FORT LAUDERDALE, FLA. — West Marine, a sailing, boating, fishing and watersports retailer, has moved into a new corporate headquarters at 1 East Broward, a 350,000-square-foot office building in downtown Fort Lauderdale. NAI/Merin Hunter Codman, the leasing and management company for the property, arranged the 50,000-square-foot lease. West Marine has invested $800,000 in capital improvements to the space. Founded in 1968, West Marine operates 236 physical locations across 38 states and Puerto Rico, as well as two e-commerce platforms.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyTexas

Marcus & Millichap Brokers Sale of 312-Unit Mountain Valley Apartments in West Dallas

by Taylor Williams

DALLAS — Marcus & Millichap has brokered the sale of Mountain Valley, a 312-unit apartment community in West Dallas. Built in 1969, the property primarily offers two- and three-bedroom units with an average size of 969 square feet. Amenities include a playground, basketball court and a pet park. Al Silva and Ford Braly of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMultifamilySeniors HousingTexas

MedCore Partners, ACRON USA Break Ground on 150-Unit Seniors Housing Project in Metro Houston

by Taylor Williams

CYPRESS, TEXAS — MedCore Partners and ACRON USA have broken ground on Phase II of Spring Cypress Senior Living, located on the northwestern outskirts of Houston. The project will add 138 active adult and independent living units, as well as 12 memory care units, to the local supply. Phase I of Spring Cypress Senior Living, which was co-developed with Houston-based National Realty Group, opened in 2018 and offers 80 units of assisted living and memory care. Integral Senior Living will operate the property upon completion.

Continue Reading
FacebookTwitterLinkedinEmail
Aloft-Hotels-Arlington
DevelopmentHospitalityTexas

Aloft Opens 124-Room Hotel in Arlington

by Taylor Williams

ARLINGTON, TEXAS — Aloft Hotels, which is part of the Marriott Bonvoy family of brands, has opened an 124-room hotel in Arlington. Aloft Dallas Arlington is a pet-friendly establishment that offers an onsite restaurant and bar, grab-and-go food options, a lounge with billiards and live music, an outdoor pool, fitness center and 750 square feet of meeting and event space. Locally based firm Stonewood Hotels owns and manages the property.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

CanTex Capital Acquires 38,496 SF Industrial Building in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Locally based investment firm CanTex Capital has acquired a 38,496-square-foot industrial building located at 2415 Cold Springs Road in Fort Worth. The property sits on 4.6 acres and offers proximity to Interstates 35 and 30, as well as State Highway 183. Todd Hubbard of NAI Robert Lynn brokered the off-market deal. The seller and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityOfficeTexas

Archer Western Herzog Signs 23,470 SF Office Lease Renewal in Carrollton, Texas

by Taylor Williams

CARROLLTON, TEXAS — Archer Western Herzog, which is a joint venture between construction companies Archer Western Construction and Herzog Contracting Corp., has signed a 23,470-square-foot office lease renewal in the northern Dallas suburb of Carrollton. Brian Pafford of Bradford Commercial Real Estate Services represented the landlord,  an entity doing business as Valwood Parkway Partners Ltd., in the lease negotiations. The representative of the tenant was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Hillsborough-Village-Center
LoansMultifamilyNew JerseyNortheast

Cronheim Mortgage Arranges $49M Permanent Loan for Multifamily Property in Hillsborough, New Jersey

by Taylor Williams

HILLSBOROUGH, N.J. — Cronheim Mortgage has arranged a $49 million permanent loan for Hillsborough Village Center, a 191-unit multifamily property located in Central New Jersey that also houses 28,000 square feet of retail space. Units at the newly built property are furnished with stainless steel appliances and individual washers and dryers, and amenities include a pool, fitness center, clubhouse, pet spa and a playground. David Turley and Janet Proscia of Cronheim Mortgage arranged the seven-year loan, which was structured with two years of interest-only payments and a 30-year amortization schedule, on behalf of the undisclosed borrower. The direct lender an undisclosed, New Jersey-based bank. Hillsborough Village Center was fully leased at the time of the loan closing.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts