NAPERVILLE, ILL. — Mid-America Real Estate Corp. has arranged the sale of Pebblewood Commons, a 20,427-square-foot retail center in the Chicago suburb of Naperville. Constructed in 2008, the property is home to dining, health and wellness, and personal services tenants. Joe Girardi and Patrick Corrigan of Mid-America represented the seller, Northern Builders Inc. The asset sold to a public REIT.
ROSELLE, ILL. — Cawley Commercial Real Estate has secured a lease for the industrial outdoor storage (IOS) facility at 160 N. Garden Ave. in Roselle following its representation of the property’s sale earlier this year. The 5.7-acre site features a 28,964-square-foot maintenance facility and a 1,350-square-foot standalone office. Industrial Outdoor Ventures (IOV) acquired the property and appointed Matt Garland, Andrew Maletich and Theo Zacher of Cawley CRE as the leasing agents. IOV made significant renovations to the property post-acquisition that included upgrades to the building systems, refreshed interiors and enhancements to the exterior yard and drive-through bays. The Cawley team secured a long-term lease with National Trench Safety, a provider of trench and traffic safety equipment. The lease term is 87 months.
VILLA PARK, ILL. — Venture One Real Estate, through its acquisition fund VK Industrial VII LP, has acquired an 11,920-square-foot industrial building at 865 N. Ellsworth Ave. in Villa Park. The single-tenant property was fully leased at the time of sale. Built in 1980, the facility features one dock, one drive-in door and roughly a quarter acre of outdoor storage. VK Industrial VII is co-sponsored by Venture One and Kovitz Investment Group.
WILMER, TEXAS — Binary Container Logistics has signed a 296,240-square-foot industrial lease in the southern Dallas suburb of Wilmer. The space is located within Sunridge Industrial Park, a 565,259-square-foot, cross-dock development that features 40-foot clear heights, 128 dock doors, four drive-in ramps and parking for 135 trucks and 309 cars. Nathan Lawrence, Krista Raymond and Will Carney of KBC Advisors represented the landlord, Atlanta-based Stonemont Financial Group, in the lease negotiations. The tenant representative was not disclosed.
ROSENBERG, TEXAS — Nashville-based brokerage firm Matthews Real Estate Investment Services has arranged the sale of Big Lenny’s Storage, a 182-unit self-storage facility in Rosenberg, a southwestern suburb of Houston. The facility was built in 1979 and spans 33,400 net rentable square feet of primarily non-climate-controlled space. Austin McLeod of Matthews represented the seller in the transaction. Texas-based owner-operator Curio Storage purchased the facility for an undisclosed price.
ROCKWALL, TEXAS — Los Angeles-based investment firm Westwood Financial has acquired Shops at Stone Creek, an 80,599-square-foot retail center located in the northeastern Dallas suburb of Rockwall. A 59,313-square-foot Tom Thumb grocery store anchors the center, which was fully leased at the time of sale. Other tenants include Care Now, Great Clips, Subway, Salad and Go, McDonald’s, HTeaO and The UPS Store. The seller and sales price were not disclosed.
MCKINNEY, TEXAS — Whole Foods Market has opened a 47,918-square-foot grocery store at 8701 W. University Drive in the northern Dallas suburb of McKinney. The store offers more than 600 local items that are sourced from more than 120 suppliers in Texas and neighboring states. The store also features full-service meat and seafood counters, a prepared foods section, wellness and beauty section and a selection of more than 500 wines and 250 beers.
CARROLLTON, TEXAS — Lee & Associates has negotiated a 10,318-square-foot industrial lease in the northern Dallas metro of Carrollton. According to LoopNet Inc., the building at 3227 Commander Drive was built in 1984 and totals 33,750 square feet. Stephen Williamson and Corbin Blount of Lee & Associates represented the tenant, IT services provider RLS Interests, in the lease negotiations. Michael Haggar of JLL represented the landlord.
NEW YORK CITY — A partnership between two local owner-operators, Foxy Development and Selfhelp Realty Group, has broken ground on The Perennial, a $150 million affordable housing project that will be located in the Forest Hills neighborhood of Queens. The project is a conversion of the former Parkway Hospital building, which has been shuttered since 2008. Of the 145 total units, 124 will be senior units, 44 residences within which will be reserved for formerly homeless individuals. The remaining apartments will be family units. All residences will be reserved for households earning 50 percent or less of the area median income. Project partners include architect Newman Design, Cityscape Engineering, Suffolk Construction and MEP engineer Mottola Rini. TD Bank provided construction financing for the project, and The Community Preservation Corp. will provide permanent financing. Construction is expected to be complete in late 2027.
APEX, N.C. — JLL Income Property Trust has acquired West Raleigh Distribution Center, a five-building, 985,000-square-foot industrial park located in the Raleigh suburb of Apex. The seller was not disclosed. Situated near I-540, West Raleigh Distribution Center was 87 percent leased at the time of sale to a mix of eight tenants, the largest of whom is a major distributor to the biotech and healthcare sectors. The buildings were constructed in 2024 and 2025.
