Property Type

Dobbins Group Delivers 475-Unit Apartment Community in Birmingham

by John Nelson July 30, 2026

BIRMINGHAM, ALA. — Dobbins Group has delivered Colina Hillside, a 475-unit apartment community located at 1121 Colina St. in Birmingham. Capstone Building Corp. served as the general contractor for the project, which comprises one-, two- and three-bedroom apartments across multiple four- and five-story buildings. Monthly rental rates range from $1,390 to $3,050, according to Apartments.com. Amenities at Colina Hillside include two saltwater pools with private cabanas, a fitness center, pet spa, dog parks, clubhouse with coworking areas, firepit and outdoor entertainment venues, EV charging stations, garages, storage space and a market for residents.

July 30, 2026

Acquisitions District of Columbia Office Southeast

Garfield Investments, Broad Creek Capital Buy Office Building in D.C., Plan $10M Renovation

by John Nelson July 30, 2026

WASHINGTON, D.C. — A partnership between Garfield Investments and Broad Creek Capital has purchased 1667 K Street NW, a nearly 200,000-square-foot office building overlooking Farragut Square in Washington, D.C. The undisclosed seller sold the property to the partnership for $26.2 million. Andrew Weir of JLL brokered the transaction. The new ownership has selected Seth Benhard of JLL to lease the office building. JLL will also provide property management services. Garfield plans to invest approximately $10 million in capital improvements at 1667 K Street NW, which will includes installing an amenity floor on the top level.

July 30, 2026

Development Loans Midwest Multifamily Wisconsin

MMCC Arranges $16.5M in Construction Financing for Green Bay Multifamily Project

by Kristin Harlow July 30, 2026

GREEN BAY, WIS. — Marcus & Millichap Capital Corp. (MMCC) has arranged $16.5 million in construction financing for Common Place Phase II, a 91-unit multifamily property with a first-floor retail unit located within walking distance of Lambeau Stadium at 670 Mike McCarthy Way in Green Bay. Robert Bhat of MMCC secured the financing through a local bank. The loan features an 80 percent loan-to-cost ratio, five-year term and 6.25 percent interest rate. Construction commenced in June. Plans call for a mix of studios, one-bedroom units and two-bedroom units designed to complement the adjacent Phase I development.

July 30, 2026

Acquisitions Industrial Kansas Midwest

BGO, Yukon Sell 291,000 SF Cold Storage Facility in New Century, Kansas

by Kristin Harlow July 30, 2026

NEW CENTURY, KAN. — BGO and Yukon Real Estate Partners have sold New Century Cold Storage, a newly built, 291,000-square-foot cold storage warehouse in New Century, a southwest suburb of Kansas City. A MetLife Investment Management client was the buyer. The facility, owned and co-developed through a joint venture between BGO and Yukon, was purpose-built as a plant-attached, built-to-suit warehouse for CJ Logistics America. The property is located within Johnson County Airport Commission’s New Century AirCenter industrial park, with a direct rail spur to the building and access to the BNSF Railway transcontinental intermodal facility. The asset is positioned less than four miles from I-35, providing road access to approximately 85 percent of the U.S. population within two days.

July 30, 2026

Acquisitions Midwest Minnesota Multifamily

JLL Brokers Sale of 81-Unit Apartment Community in Plymouth, Minnesota

by Kristin Harlow July 30, 2026

PLYMOUTH, MINN. — JLL Capital Markets has brokered the sale of Medicine Lake Apartments, an 81-unit community situated along Medicine Lake in Plymouth. Built in 1977, the four-story property features 12 private boat slips and floor plans averaging 948 square feet. Amenities include a fitness center, sauna, outdoor pool, multi-sport court, resident clubroom and direct access to the Luce Line Regional Trail. Josh Talberg, Joseph Peris and Jack Graveline of JLL represented the seller, Bigos Management. The buyer was Weber Organization.

July 30, 2026

Industrial Life Sciences Market Reports Midwest Midwest Market Reports Ohio

Cincinnati: A Market Defined by Industrial Strength, Life Sciences Growth

by Kristin Harlow July 30, 2026

By Kimm Lauterbach, REDI Cincinnati Shaped by its strong German heritage, brewing tradition and historic role as the nation’s pork-processing capital, earning the nickname “Porkopolis,” the Cincinnati region has long been defined by industry, entrepreneurship and innovation. That legacy of reinvention has transformed Cincinnati into one of the Midwest’s most resilient and strategically positioned economic development markets. Anchored by a diverse economy, a central location within a one-day drive of nearly 60 percent of the U.S. population and a growing concentration of advanced industries, the region is experiencing sustained investment across industrial and life sciences. Unlike many peer markets that are dependent on a single industry, Cincinnati benefits from a balanced economic base led by advanced manufacturing, life sciences, aerospace and aviation, food and beverage and logistics. For the first quarter of 2026, REDI Cincinnati has welcomed the highest number of site visits since our inception. Industrial powerhouse Industrial real estate remains the strongest-performing commercial sector in the Cincinnati market. Cincinnati’s industrial vacancy rate stood at approximately 5.4 percent during the first quarter of 2026, according to Cushman & Wakefield, reflecting a healthy and balanced market despite significant inventory growth over the last several years. Positive absorption has continued, …

July 30, 2026

Data Centers Development Industrial Kentucky Southeast Top Stories

Brookfield, Partner Coalition Plan $100B Data Center Campus in Western Kentucky

by Hayden Spiess July 30, 2026

PADUCAH, KY. — Brookfield (NYSE: BN) has announced plans to develop a $100 billion data center campus in western Kentucky with a partnership coalition. The coalition also includes NextEra Energy Inc. (NYSE: NEE), Big Rivers Electric Power Corp., Jackson Purchase Energy Cooperative and Paducah Power System. The project will redevelop portions of the U.S. Department of Energy (DOE) Paducah Site, which was originally built in the 1950s to produce uranium for nuclear weapons. The facility, which closed in 2013, also went on to produce enriched uranium for nuclear reactors. The AI data center campus will support up to 1.8 gigawatts (GW) of utility capacity and over 1.2 GW of compute capacity at full build-out. The project will be backed by up to 4.6 GW of dedicated generation resources. “This new campus helps secure our nation’s position as a global leader in innovation,” says Chris Wright, U.S. Energy Secretary. “It’s difficult to overestimate the importance of this project.” The DOE first issued a request for offers for redevelopment of the Paducah site in November 2025. Brookfield was selected as the developer and operator for the campus, and NextEra Energy was selected to build and own the energy infrastructure, including up to …

July 30, 2026

Development Multifamily Texas

StreetLights Residential Underway on 22-Story Apartment Building in Plano

by Taylor Williams July 29, 2026

PLANO, TEXAS — StreetLights Residential is underway on construction of a 22-story apartment building at 6501 Legacy Drive in Plano. The site spans 2.7 acres within the former J.C. Penney headquarters campus, and the development will have 261 one-, two- and three-bedroom units that will range in size from 682 to 2,843 square feet. The development will also feature several three-bedroom townhomes with an average size of about 3,300 square feet. Amenities will include a three-tiered pool with private cabanas, sky lounge, golf simulator, library, fitness center and a pet park. Construction began in June and is expected to be complete in early 2029.

July 29, 2026

Acquisitions Office Texas

Shorenstein Investment Advisers Acquires 273,000 SF Office Property in Plano

by Taylor Williams July 29, 2026

PLANO, TEXAS — San Francisco-based Shorenstein Investment Advisers has acquired The Tennyson, a 273,000-square-foot office property located northeast of Dallas in Plano. The two-building, 12-acre complex, which is located within the city’s Legacy submarket, was originally developed in 2012 as a build-to-suit for Swedish telecommunications company Ericsson. The Tennyson was also recently renovated and was fully leased at the time of sale. The seller and sales price were not disclosed.

July 29, 2026

Acquisitions Healthcare Texas

Marcus & Millichap Brokers Sale of 124,000 SF Healthcare Property in Houston

by Taylor Williams July 29, 2026

HOUSTON — Marcus & Millichap has brokered the sale of a 124,000-square-foot healthcare property in the Spring Branch area of Houston. Originally constructed on a 4.3-acre site at 1615 Hillendahl Blvd. in 1965, the property formerly served as a 198-unit skilled nursing facility. Rod Llanos of Marcus & Millichap represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

July 29, 2026

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