Property Type

Marcus & Millichap Brokers $6.8M Sale of Village Square Shopping Center in Baton Rouge

by John Nelson September 11, 2025

BATON ROUGE, LA. — Marcus & Millichap has brokered the $6.8 million sale of Village Square, a 47,000-square-foot shopping center located at 3132 College Drive near the Louisiana State University (LSU) campus in Baton Rouge. Situated near the intersection of I-10, the property is shadow-anchored by Walmart and was leased to tenants including Office Depot, Sally Beauty, Coffee Call, Classy Nails, Teatery & Tapioca and Juicy Seafood at the time of sale. Zach Taylor and Eric Abbott of Marcus & Millichap’s Taylor McMinn Retail Group represented the seller, an unnamed developer based in Tennessee, in the transaction. Steve Greer served as Marcus & Millichap’s broker of record in Louisiana in the deal. The buyer was not released. Don McMinn and Andrew Koriwchak of Taylor McMinn Retail Group also negotiated the $5.2 million sale of Village Square’s two outparcels, which are leased to Capital One and IHOP, in May on behalf of the same seller.

September 11, 2025

Leasing Activity Mixed-Use Restaurant Retail Southeast Virginia

Meridian Group Signs Five Retailers to Join The Boro in Tysons, Virginia

by John Nelson September 11, 2025

TYSONS, VA. — The Meridian Group has signed five retailers to join the tenant lineup at The Boro, a transit-oriented, mixed-use development in the Northern Virginia city of Tysons. The new tenants include TileBar, Game Show Battle Rooms, Fava Pot, California Closets and NOVA Plastic Surgery & Dermatology. All five retailers plan to open their locations between late 2025 and early 2026. Ed Crilley of H&R Retail handles the retail leasing assignment at The Boro on behalf of ownership.

September 11, 2025

Acquisitions Industrial Texas

JLL Brokers Sale of 1.7 MSF Industrial Portfolio in DFW

by Taylor Williams September 11, 2025

DALLAS AND FORT WORTH, TEXAS — JLL has brokered the sale of the DFW Bulk Portfolio, a collection of four industrial buildings totaling approximately 1.7 million square feet across 122.6 acres in Dallas-Fort Worth. The names and addresses of the buildings, which were completed between 1999 and 2017, were not disclosed, but they are located in the North Fort Worth, East Fort Worth and Great Southwest submarkets. The portfolio, which was fully leased to six tenants at the time of sale, features a total of 318 dock-high doors, 13 grade-level doors and parking for 1,094 cars and 179 trailers, as well as average clear heights and truck court depths of 33 and 162 feet, respectively. Trent Agnew, Tom Weber, Pauli Kerr, Keenan Ryan and Brennan Fewin of JLL represented the undisclosed seller in the transaction. The buyer was a fund backed by Los Angeles-based Ares Real Estate.

September 11, 2025

Loans Office Oklahoma Texas

BOK Financial Provides $45M Acquisition Loan for Tulsa Office Building

by Taylor Williams September 11, 2025

TULSA, OKLA. — BOK Financial has provided a $45 million acquisition loan for 222 North Detroit, a 260,283-square-foot office building in Tulsa. Completed in 2022, the 11-story building is located within the city’s central business district and was 95 percent leased at the time of the loan closing to tenants in the energy, legal, financial services and construction materials industries. Greg Napper, Blake Morrison and Brody Rule of JLL arranged the loan on behalf of the borrower, Fenway Capital Advisors.

September 11, 2025

Acquisitions Industrial Texas

Welcome Group Buys 100,129 SF Industrial Building in Arlington

by Taylor Williams September 11, 2025

ARLINGTON, TEXAS — Houston-based investment firm Welcome Group has purchased a 100,129-square-foot industrial building in Arlington. The single-tenant building at 3101 Pinewood Drive was constructed on 4.6 acres in 1977 and renovated in 2021. According to LoopNet Inc., building features include 22-foot clear heights, 13 dock-high loading doors and four grade-level doors. The seller and sales price were not disclosed.

September 11, 2025

Leasing Activity Retail Texas

EōS Fitness to Open 40,000 SF Gym at Former Fry’s Electronics Store in North Austin

by Taylor Williams September 11, 2025

AUSTIN, TEXAS — EōS Fitness will open a 40,000-square-foot gym at 12707 N. MoPac Expressway in North Austin. The Dallas-based operator is backfilling a space previously occupied by Fry’s Electronics. Rise Commercial Partners represented the tenant in the lease negotiations. Global Commercial Real Estate Services represented the undisclosed landlord. The opening is set for 2027.

September 11, 2025

Acquisitions Industrial Texas

LanCarte Commercial Arranges Sale of Two Industrial Buildings, Land Parcel in Keller, Texas

by Taylor Williams September 11, 2025

KELLER, TEXAS — Locally based brokerage firm LanCarte Commercial has arranged the sale of two industrial buildings totaling 9,800 square feet and a 2.9-acre land parcel in Keller, located north of Fort Worth. The properties are all located along South Main Street. Mark Boone and Matt Murff of LanCarte Commercial represented the buyer and seller, both of which requested anonymity, in the transaction.

September 11, 2025

Life Sciences Loans Massachusetts Northeast

Thorofare Capital Provides $50.5M Loan for Refinancing of Cambridge Life Sciences Property

by Taylor Williams September 11, 2025

CAMBRIDGE, MASS. — Los Angeles-based Thorofare Capital has provided a $50.5 million bridge loan for the refinancing of Cambridgeport Labs, a two-building life sciences development located across the Charles River from Boston. Located at 99 Erie St. and 167 Sidney St. near the Massachusetts Institute of Technology campus, the buildings total 56,351 square feet. The borrower, a partnership between Barings and Greatland Realty Partners, acquired the buildings in September 2022 and subsequently implemented a redevelopment to support lab and life sciences uses. Andrew Kim led the transaction for Thorofare.

September 11, 2025

California Development Hospitality Western

KPC Development Tops Out 300-Room Kali Hotel and Rooftop in Inglewood, California

by Amy Works September 11, 2025

INGLEWOOD, CALIF. — KPC Development Co. has topped out the construction of Kali Hotel and Rooftop, Autograph Collection, a $300 million hotel in Inglewood’s 300-acre Hollywood Park mixed-use development. Crescent Hotels & Resorts will manage the hotel, which will be part of Marriott Bonvoy’s global portfolio. Slated to open in September 2026, Kali Hotel and Rooftop will offer 300 guest rooms, including 34 suites, an all-day dining concept, lobby bar, pool and yoga deck, spa, fitness center and nearly 20,000 square feet of meeting and event space. The project team includes Clayco as general contractor, Lamar Johnson Collaborative as architect and Sixteenfifty Creative Intelligence and Gensler as interior designers.

September 11, 2025

California Loans Retail Western

CBRE Secures $50M Refinancing for 554,438 SF Shopping Center in Stockton, California

by Amy Works September 11, 2025

STOCKTON, CALIF. — CBRE has secured $50 million in refinancing for Park West Place, a retail power center in Stockton. The loan was arranged on behalf of Raider Hill Advisors and Farallon Capital Management with financing provided by a national bank. Richard Henry, Mike Ryan, Brian Linnihan and Shaun Moothart of CBRE represented the sponsorship in the transaction. Built in 2008 on 58.6 acres, Park West Place offers 554,438 square feet of retail space. At the time of financing, the property was 96.4 percent leased to 46 tenants, including Lowe’s, Kohl’s, Sportsman’s Warehouse, Ross Dress for Less and TJ Maxx, with more than 40 percent of the net rentable area leased to investment-grade tenants.

September 11, 2025

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