Property Type

JLL, Stream Broker Sale of 285,682 SF Office Building in Houston’s Energy Corridor

by Taylor Williams January 22, 2026

HOUSTON — JLL and Stream Realty Partners have co-brokered the sale of Kirkwood Tower, a 285,682-square-foot office building located in the Energy Corridor area of West Houston. The 16-story building, which was originally built in the early 1980s and renovated in 2015, was about 73 percent leased at the time of sale. Amenities include an executive penthouse, fitness center, sauna, wellness room, rooftop jogging track, a lobby bank, tenant lounge and a deli. Rick Goings and Jeff Hollinden of JLL represented the undisclosed seller in the transaction. The duo collaborated with Matthew Asvestas of Stream Realty Partners to represent the buyer, David Z. Mafrige Interests (DZMI). Stream has also been retained as the leasing agent.

January 22, 2026

Development Retail Texas

Read King to Redevelop Former Macy’s Department Store at Almeda Mall in South Houston

by Taylor Williams January 22, 2026

HOUSTON — Local developer Read King will redevelop the former Macy’s store at Almeda Mall in South Houston. Plans currently call for backfilling 65,000 square feet on the first floor of the two-level space with a grocery user. According to the Houston Business Journal, Read King is also in negotiations with fitness and food-and-beverage users for potential occupancy of another 44,000 or so square feet on the second floor. The publication also reports that the remaining upstairs space would likely house utilities due to parking constraints associated with bringing in other users. Construction on the redevelopment is set to begin in the coming weeks.

January 22, 2026

Development Industrial Texas

Quannah, Trinity to Develop 264,100 SF Industrial Project Near San Antonio

by Taylor Williams January 22, 2026

CHINA GROVE, TEXAS — A partnership between Denver-based Quannah Partners and Trinity Investors will develop Grove Commerce Center, a 264,100-square-foot industrial project in China Grove, an eastern suburb of San Antonio. The 18.2-acre site is located directly across from H-E-B’s 850-acre regional campus, and the building will feature a front-load configuration, 32-foot clear heights, 185-foot truck court depths and 3,000 square feet of office space. Project partners include Powers Brown Architecture, Pape-Dawson Engineers and Partners Real Estate. Construction is set to begin in the coming days and to last about a year.

January 22, 2026

Acquisitions Office Retail Texas

STRIVE Negotiates Sale of 44,950 SF Retail, Office Complex in West Houston

by Taylor Williams January 22, 2026

HOUSTON — Dallas-based brokerage firm STRIVE has negotiated the sale of Washington Plaza, a 44,950-square-foot retail and office complex in West Houston. Built in 2008, the property was 97 percent leased at the time of sale. Jake Dutson and Michael Hill of STRIVE represented the undisclosed seller — and original developer — of the property, in the transaction. The duo also procured the buyer, Dhanani Private Equity Group.

January 22, 2026

Development Loans Multifamily New Jersey Northeast Walker & Dunlop

Walker & Dunlop Arranges $250M in Financing for Newark Multifamily Project

by Taylor Williams January 22, 2026

NEWARK, N.J. — Walker & Dunlop has arranged $250 million in financing for 22 Fulton, a 396-unit multifamily project in the Military Park neighborhood of Newark. The financing includes nearly $119 million from the Urban Investment Group at Goldman Sachs Alternatives across a construction loan, 4 percent Low-Income Housing Tax Credit (LIHTC) equity and a LIHTC bridge loan. The package also includes a $20 million preferred equity investment from an unnamed institutional capital provider and a $100 million forward commitment for a permanent loan by Barings. Barings has also committed additional funds to the project via the purchase of tax credits from the New Jersey Economic Development Authority’s Aspire program, which supports transit-oriented development. Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Jordan Casella, Michael Ianno and Jackson Irwin of Walker & Dunlop arranged the financing on behalf of the borrower, a partnership between SK Development and the Berger Organization. The 21-story building will house 315 market-rate apartments and 80 affordable housing units that will be reserved for renters earning 60 percent or less of the area median income, as well as one staff residence and 4,700 square feet of retail space. Units will come in one- and two-bedroom floor …

January 22, 2026

Acquisitions Industrial New Hampshire Northeast

Newmark Brokers $24.5M Sale of Warehouse, Distribution Facility in Portsmouth, New Hampshire

by Taylor Williams January 22, 2026

PORTSMOUTH, N.H. — Newmark has brokered the $24.5 million sale of a 102,059-square-foot warehouse and distribution facility in Portsmouth, located along the Maine-New Hampshire border. The building at 100 New Hampshire Ave. was completed last fall and was delivered fully preleased to an HCA Healthcare subsidiary and paper products provider Georgia-Pacific. Tyler McGrail of Newmark represented the seller, The Kane Co., in the transaction and procured the buyer, Wenberry Associates LLC. Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell and Allie Percoco of Newmark provided support for the transaction.

January 22, 2026

Affordable Housing Development Florida Multifamily Southeast

Fuse Group, KREA Open 502-Unit Mixed-Income Apartment Community in Fort Lauderdale

by John Nelson January 22, 2026

FORT LAUDERDALE, FLA. — Fuse Group and KREA Developments have opened The Arcadian, a 502-unit apartment development in Fort Lauderdale’s historic Sistrunk District. The property features two eight-story building housing studio, one- and two-bedroom apartments, as well as 15,000 square feet of commercial space on the ground level and a 629-space parking garage. Approximately 150 units are designated as “attainable housing,” including residences reserved for tenants earning 100 percent to 120 percent of the area median income (AMI). Amenities include inner courtyards, two heated swimming pools, a fitness center, outdoor movie screens, spa room with a sauna, a cryo lounge and massage chairs, yoga space, golf simulator, business center, coworking rooms and a club room. The design-build team includes general contractor South Pointe Construction and Development Co. and architect Behar Font & Partners. The City of Fort Lauderdale Community Redevelopment Agency provided a $10 million investment for the construction of The Arcadian.

January 22, 2026

Acquisitions Retail Southeast Virginia

Berkeley Capital Arranges $102M Sale of Virginia Beach Shopping Center

by John Nelson January 22, 2026

VIRGINIA BEACH, VA. — Berkeley Capital Advisors has arranged the $102 million sale of Landstown Commons Shopping Center, a 408,851-square-foot, open-air retail center located in Virginia Beach. Kohl’s, Ross Dress for Less, Best Buy, Old Navy and Ulta Beauty anchor the center. Other tenants include Bath & Body Works, Carter’s, Burlington, Five Below, Dollar Tree and PetSmart. Rob Carter of Berkeley Capital Advisors represented the seller, Rye, N.Y.-based Acadia Realty Trust, in the transaction. Moritt Hock & Hamroff represented the buyer, an affiliate of Yale Realty Services. Additionally, The Bank of Montreal provided $73.4 million in acquisition financing for the deal.

January 22, 2026

Development Florida Seniors Housing Southeast

NexCore Breaks Ground on Seniors Housing Community in Downtown Sarasota, Florida

by John Nelson January 22, 2026

SARASOTA, FLA. — NexCore Group has broken ground on The Reserve Sarasota, a new senior living community in southwest Florida. Located in downtown Sarasota, the property will total 248,582 square feet across seven stories. Experience Senior Living, a wholly owned subsidiary of NexCore, will operate the community. Amenities at the property will include multiple dining venues, wellness spaces and a rooftop pool. The project team includes Brinkmann Constructors, Hoyt Architects, Infrastructure Solutions Services and Senior by Design. Completion of the development is scheduled for December 2027.

January 22, 2026

Arkansas Development Leasing Activity Retail Southeast

Whole Foods to Open 39,500 SF Grocery Store in Rogers, Arkansas

by John Nelson January 22, 2026

ROGERS, ARK. — Whole Foods Market plans to open a new 39,500-square-foot grocery store in Rogers on Feb. 18. The store will be located at 1801 S. 46th St. and will represent the third Arkansas location for the Austin-based grocer. The new Whole Foods will offer more than 120 different products sourced from Arkansas and its surrounding states, including coffee from Onyx Coffee Lab and craft beer from Ozark Beer Co. The Whole Foods will anchor Summit Marketplace, a mixed-use development by Atlanta-based SJC Ventures that also features the Vista at Summit apartments. Other tenants at Summit Marketplace include Woof Gang Bakery and Grooming, Dave’s Hot Chicken, Serotonin, Veterinary Emergency Group, Chase Bank, E’lan Nails and PJ’s Coffee.

January 22, 2026

Newer Posts

Older Posts