Property Type

Kraus-Anderson Completes $46.6M Redwood Valley Elementary School in Minnesota

by Kristin Harlow October 20, 2025

REDWOOD FALLS, MINN. — Kraus-Anderson has completed the new $46.6 million Redwood Valley Elementary School at 201 McPhail Drive in southern Minnesota’s Redwood Falls. Designed by Wold Architects and Engineers, the 85,639-square-foot, two-story project features classrooms, early childhood education, special education, a media center, flex spaces, a gym, cafeteria, storm shelter and secured entries. There are three outdoor play spaces as well as a bus loop, parent drop-off area, parking lots and sidewalks. Construction began in May 2024.

October 20, 2025

Civic Development Midwest Missouri

Nabholz Construction Breaks Ground on Fire Safety Facilities, Community Hub in Sedalia, Missouri

by Kristin Harlow October 20, 2025

SEDALIA, MO. — Nabholz Construction Corp. has broken ground on a new fire station, training facility and bowling alley in central Missouri’s Sedalia. Hoefer Welker designed the facilities. The 8,585-square-foot fire station will replace the previous facility. it will feature a three-bay fire apparatus facility with six bunk rooms, a dayroom and a fitness room. The station will be built with a hot zone design approach, decreasing firefighters’ exposure to smoke, carcinogens and toxic chemicals, according to Hoefer Welker. There will also be a dedicated gear decontamination area and advanced air pressurization and thermal comfort systems. Adjacent to the new fire station, the 2,749-square-foot fire training facility will house two fire apparatus bays and include a workshop and restrooms within the pre-engineered metal building. A separately designed burn tower will serve as a comprehensive classroom. The project will also include an 18,775-squarefoot, 16-lane bowling alley with a commercial kitchen and e-sports center. The bowling alley is being funded through a combination of city funds and a donation from Sue Heckert, a notable donor to several city projects, including the Heckert Community Center. Additional project partners include BHC Engineering, Landworks Studio, Bob D. Campbell & Co. and IMEG.

October 20, 2025

Acquisitions Indiana Industrial Midwest

Marcus & Millichap Arranges $4.3M Sale of Industrial Property in Brownsburg, Indiana

by Kristin Harlow October 20, 2025

BROWNSBURG, IND. — Marcus & Millichap has arranged the $4.3 million sale of a single-tenant, net-leased industrial building in the Indianapolis suburb of Brownsburg. Located at 464 Southpoint Circle, the property comprises 64,176 rentable square feet on 5.6 acres. Built in 1975, the facility is fully occupied by Nucleated Technologies. Sam Curtis, Joseph DiSalvo and Forest Bender of Marcus & Millichap represented the seller. The all-cash transaction closed in under 30 days.

October 20, 2025

Acquisitions Industrial Midwest Wisconsin

NAI Pfefferle Brokers Sale of 33,315 SF Industrial Facility in Central Wisconsin

by Kristin Harlow October 20, 2025

WAUSAU, WIS. — NAI Pfefferle has brokered the sale of a 33,315-square-foot industrial facility in central Wisconsin’s Wausau. The property is located at 840 S. 66th Ave. The sales price was not disclosed, but the asking price was $2.2 million. TJ Morice of NAI Pfefferle brokered the sale.

October 20, 2025

Kansas Leasing Activity Midwest Retail

Rally House Relocates to 9,473 SF Retail Space in Mission, Kansas

by Kristin Harlow October 20, 2025

MISSION, KAN. — Rally House has relocated to Mission West Shopping Center at 6753 Johnson Drive in the Kansas City suburb of Mission. The estimated opening date is spring 2026. Rally House was previously located at 6858 Johnson Drive. The new 9,473-square-foot store will neighbor Planet Fitness, Dollar Tree and American Honey Salon. The new space represents an expansion of 2,473 square feet. Grant Summers, Paul Massali, Max Kosoglad and David Block of Block & Co. Inc. Realtors represented the landlord. Block & Co. serves as the leasing and property management company for the shopping center.

October 20, 2025

Loans Multifamily Southeast Top Stories

Walker & Dunlop Provides $238.4M Agency Refinancing of Mixed-Use Apartment Building in Miami

by Taylor Williams October 20, 2025

MIAMI — Walker & Dunlop has provided a $238.4 million Freddie Mac loan for the refinancing of Forma Miami, a 588-unit mixed-use apartment building in the city’s Edgewater neighborhood. The Walker & Dunlop team that originated the financing included Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Dustin Stolly, Sean Reimer, Michael Stepniewski and Michael Ianno. The borrower is local developer Crescent Heights. Specific loan terms were not disclosed. Rockwell Group and Arquitectonica designed Forma Miami to have condo-style interior finishes, along with 85,000 square feet of indoor and outdoor amenity space that includes a 10,000-square-foot fitness pavilion, both lounging and lap pools, a dog lounge, pickleball court, meditation room, sports bar/beer garden, game room and a rooftop terrace with a private bar/lounge. Forma Miami also has an entire floor that functions as a dedicated coworking lounge. Residences at Forma Miami come in studio, one-, two- and three-bedroom and range in size from 485 to 1,980 square feet. Units feature various pieces of smart-home technology, private terraces, floor-to-ceiling windows, quartz countertops, white oak cabinetry and individual washers and dryers. Amenities include a 10,000-square-foot fitness pavilion, both lounging and lap pools, a dog Lounge, pickleball court, meditation room, sports bar/beer garden, game room and a rooftop terrace with a private …

October 20, 2025

Kentucky Market Reports Office Southeast Southeast Market Reports

Louisville’s Office Evolution Includes New Deals, Conversions

by John Nelson October 20, 2025

Louisville is a city full of history, charm and grit. We’re the birthplace of Muhammad Ali, home to the Kentucky Derby and the heart of America’s bourbon culture. As our city has grown, so have its business opportunities. Louisville’s geographic location, its logistics network and its diversified economy have attracted significant investment from global businesses to set down roots in recent years. In 2023, Louisville was named as a top 5 U.S. metro for economic development by Site Selection magazine with over $1 billion in capital investment and 2,300 new jobs that year alone. Louisville’s overall commercial real estate market has grown along with the population, but the office market has had a softer rebound following the pandemic than other markets nationally. Office overview In second-quarter 2025, Louisville had over 235,000 square feet of positive office leasing activity that was negated by over 256,000 square feet of negative net absorption, primarily due to large move-outs from office users in the city’s suburban submarkets. Leasing activity in Louisville’s Central Business District (CBD) has rebounded. In the second quarter, the submarket saw over 6,100 square feet of net positive absorption from Class A leasing activity, including the Jefferson County Sheriff’s Office lease …

October 20, 2025

Acquisitions Industrial Texas

Westcore Buys 1.1 MSF Industrial Portfolio in Dallas-Fort Worth

by Taylor Williams October 17, 2025

SAN DIEGO — San Diego-based investment firm Westcore has purchased a portfolio of 12 industrial buildings totaling approximately 1.1 million square feet that are located throughout the Dallas-Fort Worth metroplex. The portfolio, which was 97 percent leased at the time of sale, comprises five properties in Grand Prairie, three in Arlington and four in Dallas. All buildings feature clear heights between 18 and 24 feet. Josh McArtor, Caitlin Clinton and Katie Bostic of Eastdil Secured represented the undisclosed seller in the transaction. Westcore was self-represented. The sales price was also not disclosed.

October 17, 2025

Development Multifamily Retail South Carolina Southeast

Astral, Steady Capital to Develop 483,106 SF Mixed-Use Multifamily Property in Columbia, South Carolina

by Abby Cox October 17, 2025

COLUMBIA, S.C. — Astral Development and Steady Capital have announced plans to develop a 483,106-square-foot mixed-use multifamily property at the intersection of Bull Street and Elmwood Avenue in Columbia. Upon completion, the project will feature 288 apartments and more than 22,000 square feet of retail space. Plans include six end-cap retail spaces, patio seating, pedestrian walkways and garage and street parking. Ahead of construction, Astral will collaborate with local groups to activate portions of eight adjacent properties to bring community engagement to the space. Completion of the project is scheduled for summer 2028. Axoim Architects and Elford Construction will oversee the design and pre-construction efforts, and Crosland Barnes Group and Cushman & Wakefield are handling leasing for the ground-level retail space. The multifamily component of the project will comprise 236 one-bedroom units, 33 two-bedroom units and 19 three-bedroom units. The ground level will include a fitness center, lobby, leasing office and a dedicated space for bike parking.

October 17, 2025

Acquisitions Multifamily Texas

Stockdale Capital Acquires 297-Unit Apartment Complex in Downtown Dallas

by Taylor Williams October 17, 2025

DALLAS — Los Angeles-based investment firm Stockdale Capital Partners has acquired Amelia at Farmer’s Market, a 297-unit apartment complex in downtown Dallas. Built in 2019, the five-story property is located in the Farmers Market neighborhood and was 94 percent occupied at the time of sale. The property offers studio, one- and two-bedroom units and amenities such as a sky lounge, infinity-edge pool, wine lounge, community library and a fitness center. Greystar has been brought in as property manager. The seller and sales price were not disclosed.

October 17, 2025

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