LENEXA, KAN. — Copaken Brooks has announced that three new restaurants are coming to the AdventHealth Campus at Lenexa City Center in Kansas. Five Four, Urban Egg and Stoney River Steakhouse and Grill will open between 2026 and 2027. AdventHealth in Lenexa offers emergency care, outpatient services, advanced imaging and physician offices. Formerly 54th Street, Five Four will introduce the newest prototype of the Kansas City-based restaurant with a 10,000-square-fot standalone building with both indoor dining and an outdoor games area. Slated to open in fall 2026, this will be Five Four’s ninth metro location and second in Johnson County. Ferguson Properties represented the restaurant in the lease. Urban Egg, a Colorado-founded breakfast and brunch concept with 11 locations across three states, will occupy a 3,400-square-foot restaurant. The Lenexa location is slated to open in late 2026. The Retail Group represented Urban Egg in the lease. Stoney River, owned by SPB Hospitality, will make its Kansas City debut in an 8,000-square-foot space. The steakhouse is slated to open in early 2027. Pace Properties represented the tenant. Urban Egg and Stoney River will be located within a new mixed-use building, which Copaken Brooks will begin constructing in October. The property will …
Orlando has emerged as one of the Southeast’s most competitive retail markets, where robust tenant demand and limited supply are driving both leasing velocity and investor urgency. With availability near historic lows below 4 percent and most new construction preleased, the market offers few options for the wave of private and institutional capital targeting Central Florida. This imbalance is fueled by strong population growth and resilient consumer spending. Quality retail assets continue to trade quickly, while lower-tier properties remain on the market longer. Buyer pricing remains grounded in fundamentals, and the gap between buyers and sellers has narrowed, making deals increasingly feasible. Investment activity has accelerated in 2025, following 12 to 18 months of steady engagement from private capital. Institutional buyers, including REITs and national funds, are now re-entering the market, primarily targeting stabilized assets in high-growth suburban corridors where tenant rosters offer long-term income visibility. Unanchored and grocery-anchored centers remain in high demand, especially in infill locations with constrained supply and strong population growth. While investor appetite is strong, today’s environment has created a bifurcated market. Well-located, quality centers continue to trade quickly, often with multiple offers, while less desirable assets linger. 1031 exchange buyers and out-of-state groups remain …
HOUSTON — A joint venture between Trammell Crow Co. (TCC) and Japanese developer Daiwa House has completed Blue Ridge Commerce Center, a 1.3 million-square-foot industrial project in southwest Houston. Construction began in August 2024. The site spans 92 acres at the northwest corner of Fort Bend Parkway and McHard Road in Fort Bend County. The development consists of five buildings that range in size from 153,928 to 431,017 square feet. The buildings feature a mix of front-load, rear-load and cross-dock configurations with clear heights that range from 28 to 36 feet. Seeberger Architecture designed the project, and E.E. Reed Construction served as the general contractor. Sumitomo Mitsui Banking Corp. financed the development, and CBRE is marketing the space for lease. Another project partner, Linco Construction, undertook infrastructure improvements as part of the project, which included new public roads, traffic signals, underground utilities, a regional storm water detention pond and public sidewalks. “The greater Houston region continues to prove itself as a magnate for modern logistics and manufacturing users,” says George Farish, principal at TCC. “With immediate access to major transportation corridors including the Fort Bend Parkway, Beltway 8 and U.S. Highway 90, we’re confident that Blue Ridge will serve as …
LOUISVILLE AND LEXINGTON, KY. — DMK Development Group has sold four senior living properties in Kentucky for a total $65.3 million. American Healthcare REIT was the buyer. Located in the Louisville and Lexington metros, the portfolio totals 316 units, with assisted living and memory care residences. Each of the properties was opened between 2020 and 2022. Trilogy Health Services managed the properties through lease-up and stabilization.
MISSOURI CITY, TEXAS — Miami-based lender BridgeInvest has provided a $40.5 million loan for the refinancing of Ravella at Sienna, a 292-unit apartment community located in the southwestern Houston suburb of Missouri City. According to Apartments.com, the property offers one-, two- and three-bedroom units that range in size from 609 to 1,517 square feet. Amenities include a pool with cabanas, outdoor gaming lounge, entertainment kitchen, fitness center, dog park and an executive conference room. Way Capital arranged the loan on behalf of the owner, an entity owned by a partnership between Orion RE Holdings and Sabal Investment Holdings. The property was 92 percent occupied at the time of the loan closing.
GARLAND, TEXAS — A partnership between two Arizona-based investment firms, Rise48 Equity and Elevest Capital, has purchased Shiloh Oaks, a 248-unit apartment complex in the northeastern Dallas suburb of Garland that was built in 1983. According to Apartments.com, the property offers one- and two-bedroom units and amenities such as a pool, playground, fitness center, business center, clubhouse, dog park and outdoor grilling and dining stations. Taylor Snoddy, Eric Stockley and Charles Hubbard of Northmarq represented the undisclosed, California-based seller in the transaction. The new ownership plans to implement a capital improvement program that will enhance unit interiors and common spaces, as well as to rebrand the property as Rise Apollo Heights.
HOUSTON — JLL has arranged the sale of a 240,166-square-foot office building in the Energy Corridor area of West Houston. Energy Crossing I is a three-story building that was constructed on a 5.3-acre site at 15021 Katy Freeway in 2010. Amenities include a fitness center and a café. Kevin McConn and Rick Goings of JLL represented the undisclosed seller in the transaction. The buyer was Austin-based Capital Commercial Investments Inc. The sales price was not disclosed.
STEPHENVILLE, TEXAS — Greysteel has brokered the sale of Riverwalk Townhomes, a 76-unit affordable housing complex in Stephenville, about 80 miles southwest of Fort Worth. Built on 14 acres in 2004, Riverwalk Townhomes offers two-, three- and four-bedroom residences, specific income restrictions of which were not disclosed. Amenities include a pool, playground, fitness room, computer lab and outdoor grilling and dining stations. The developer, Tejas Housing Group, sold the property to an undisclosed, Dallas-based investor.
EULESS, TEXAS — Aero Dynamix Inc. has signed a 27,737-square-foot industrial lease renewal in Euless, located in the northern-central part of the metroplex. The designer and manufacturer of night-vision imaging products and services will remain a tenant within two different structures at Euless Industrial Park, a 227,319-square-foot development. Michael Spain and Jason Finch of Bradford Commercial Real Estate Services represented the landlord in the lease negotiations. The tenant representative was not disclosed.
STEAMBOAT SPRINGS, COLO. — Brinkman Real Estate has completed the disposition of Sundance Plaza, a multi-tenant mixed-use property in Steamboat Springs, to Denver-based private REIT. Located at 225 Anglers Drive, Sundance Plaza offers retail and office space. At the time of sale, the property was 98 percent occupied. Jon Hendrickson, Aaron Johnson and Mitch Veremeychik of Cushman & Wakefield represented the seller in the deal.