Property Type

Avison Young Brokers Sale of 448,765 SF Industrial Facility Near Charleston

by John Nelson February 12, 2026

SUMMERVILLE, S.C. — Avison Young has brokered the sale of 479 Trade Center Parkway, a 448,765-square-foot warehouse and distribution facility located within Charleston Trade Center in Summerville. The facility’s sole tenant at the time of sale was IFA Rotorion, an automotive supplier of prop shafts and joint competencies for auto manufacturers such as BMW, Mercedes-Benz, Porsche and Ferrari. California-based Goldrich Kest purchased the 32-acre property for an undisclosed price. Erik Foster, Michael Wilson and Alex Irwin of Avison Young brokered the transaction. The seller was also not disclosed.

February 12, 2026

Development Mixed-Use Texas

Trademark, Shivers Family Receive Approval for 40-Acre Mixed-Use Project in Southlake, Texas

by Taylor Williams February 12, 2026

SOUTHLAKE, TEXAS — Local owner-operator Trademark Property Co. and the Shivers Family Partnership have received approval from the City Council of Southlake, located north of Fort Worth, for a 40-acre mixed-use project. Plans for the development, which will be known as Shivers Farm, currently call for 111,000 square feet of retail space, 38,000 square feet of office space and 37 single-family lots. The site, which is located along the State Highway 114 corridor, also houses a 3-acre parcel that is approved for hotel, entertainment or additional retail uses. With final approval in place, construction is expected to begin in the coming weeks. As part of the approval agreement, Trademark has committed to providing enhanced public spaces and walkable amenities for future homeowners, retail guests and office tenants.

February 12, 2026

Acquisitions Multifamily Texas

Bascom Group Sells 424-Unit Apartment Community in Frisco

by Taylor Williams February 12, 2026

FRISCO, TEXAS — California-based investment firm Bascom Group has sold Capitol at Stonebriar, a 424-unit apartment community in Frisco. Developed in 2017 by JPI and acquired by Bascom Group shortly thereafter, Capitol at Stonebriar features one-, two- and three-bedroom units that are furnished with granite/quartz countertops, espresso cabinetry, kitchen islands and individual washers and dryers. Private balconies are available in select residences. Amenities include a pool, fitness center, business center, coffee bar, dog park, outdoor grilling and dining stations, clubroom and an indoor-outdoor lounge. Brian Murphy, Brian O’Boyle Jr. and Richard Furr of Newmark represented Bascom Group in the transaction. David Schwarz, also with Newmark, arranged acquisition financing on behalf of the undisclosed buyer. The property was 91 percent occupied at the time of sale.

February 12, 2026

Acquisitions Office Retail Texas

Marcus & Millichap Brokers Sale of 107,185 SF Retail, Office Complex in Spring, Texas

by Taylor Williams February 12, 2026

SPRING, TEXAS — Marcus & Millichap has brokered the sale of Cypresswood Crossing, a 107,185-square-foot retail and office complex in the northern Houston suburb of Spring. Cypresswood Crossing consists of two buildings on a 5.6-acre site: a 90,818-square-foot multi-tenant building with both retail and office space and a 16,367-square-foot retail center. Chris Gainey and Philip Levy of Marcus & Millichap represented the seller, a Dallas-based private investment firm, in the transaction. Levy and Scott Abeel procured the buyer, a Houston-based private equity firm. Both parties requested anonymity.

February 12, 2026

Acquisitions Retail Texas

Partners Real Estate Arranges Sale of 13,600 SF Retail Property in Pearland, Texas

by Taylor Williams February 12, 2026

PEARLAND, TEXAS — Partners Real Estate has arranged the sale of a 13,600-square-foot retail property in the southern Houston suburb of Pearland. According to LoopNet Inc., the property at 11713 Shadow Creek Parkway was built in 2008. Marc Peeler and Peyton Nichols of Partners represented the undisclosed seller in the transaction. The buyer was Fondren Orthopedic Group.

February 12, 2026

Affordable Housing Development Life Sciences Multifamily New York Northeast Seniors Housing

Partnership Unveils Plans for 600-Unit Affordable Housing Project in Upper Manhattan

by Taylor Williams February 12, 2026

NEW YORK CITY — A partnership between Slate Property Group, Xenolith Partners, nonprofit organization Comunilife Inc. and the New York City Department of Housing Preservation and Development (HPD) has unveiled plans for a 600-unit affordable housing project in the Inwood area of Upper Manhattan. Designed by Magnusson Architecture and Planning PC and known as La Ostra, the development will also include a marine science and STEM education center that will be operated by the Billion Oyster Project and BioBus. La Ostra will also feature a new indoor–outdoor field house, social services facilities and roughly an acre of publicly accessible, open waterfront space along the Harlem River. Proposed facilities beyond the residential component include an outdoor classroom, a pavilion with a seating area and movable furniture, a central lawn and a stone amphitheater. Information on floor plans and income restrictions of the affordable housing units was not announced.

February 12, 2026

Development Multifamily New Jersey Northeast

LeCesse, MAS Break Ground on 258-Unit Multifamily Project in Elizabeth, New Jersey

by Taylor Williams February 12, 2026

ELIZABETH, N.J. — A partnership between Florida-based LeCesse Development Corp. and New Jersey-based MAS Development Group has broken ground on ECCO, a 258-unit multifamily project in Elizabeth, located just outside of Newark. The four-story building will offer studio, one- and two-bedroom units that will be furnished with Italian cabinetry, quartz countertops, tile backsplashes, walk-in closets and various pieces of smart-home technology. Amenities will include a pool, fitness center, coworking space, golf simulator, outdoor theater and a game room with a wet bar. ECCO will also have about 35,000 square feet of retail space. Baker Barrios is the project architect, and March Associates Construction is the general contractor. JLL arranged $63.2 million in construction financing from Bank OZK and a $20.1 million mezzanine placement from PGIM for the project, completion of which is slated for late 2027.

February 12, 2026

Acquisitions Industrial Northeast Pennsylvania

JLL Brokers Sale of 251,043 SF Distribution Center in Greencastle, Pennsylvania

by Taylor Williams February 12, 2026

GREENCASTLE, PA. — JLL has brokered the sale of a 251,043-square-foot distribution center in Greencastle, located near the Pennsylvania-Maryland border. The cross-dock facility at 12316 Molly Pitcher Highway was built on a 32.8-acre site in 2023 at and was fully leased at the time of sale to U.S. government entities. Building features include a clear height of 32 feet, 45 dock-high doors, three drive-in doors, 130-foot truck court depths, parking for 125 cars and 300 trailers, vehicle repair and wash bays and climate-controlled storage areas. John Plower and Ryan Cottone of JLL represented the seller, Atapco Properties Inc., in the transaction.

February 12, 2026

Affordable Housing Development Multifamily Northeast Pennsylvania

Beacon Communities Begins Affordable Housing Redevelopment Project in Downtown Pittsburgh

by Taylor Williams February 12, 2026

PITTSBURGH — Nonprofit owner-operator Beacon Communities has begun an affordable housing redevelopment project in downtown Pittsburgh. The project involves The May Building, 12-story structure at 111 Fifth Ave. that was originally completed in 1908 for the May Drug Co. The building was converted from office to an 87-unit apartment complex with studio and one-bedroom units in 1974. This latest redevelopment will convert 66 of those residences into affordable housing and also upgrade the building’s exterior elements, mechanical/utility systems and common spaces.

February 12, 2026

Acquisitions Multifamily Washington Western

Integral NW Sells Allegro Lynnwood Multifamily Property in Washington for $77.5M

by Amy Works February 12, 2026

LYNNWOOD, WASH. — Integral NW has completed the disposition of Allegro Lynnwood, an apartment community located at 16525-16605 Ash Way in Lynnwood. The Housing Authority of Snohomish County acquired the asset for $77.5 million. Bryon Rosen, Tim McKay, Dan Chhan, Matt Kemper, Jacob Odegard, Dylan Roeter, David Karson and Chris Moyer of Cushman & Wakefield represented the seller and procured the buyer in the transaction. Allegro Lynnwood features 240 studio, one- and two-bedroom apartments delivered in two phases — Allegro Ash Creek in 2019 and Allegro at The Woods in 2025. Community amenities include a resort-style outdoor pool and spa, a fitness center, resident clubhouse with social and work-from-home spaces, a dog park, secure underground parking and lofted ceilings in select homes.

February 12, 2026

Newer Posts

Older Posts