Wednesday, July 8, 2026
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Pembroke Pines
FloridaLoansOfficeSoutheast

CBRE Secures $21.9M Refinancing of Medical Office Complex in Pembroke Pines, Florida

by Julia Sanders

PEMBROKE PINES, FLA. — CBRE has secured a $21.9 million loan for the refinancing of Pines Medical Professional Centre, a 91,956-square-foot medical office complex in Pembroke Pines. Paul Ahmed and Mackenzie Lampman of CBRE Capital Markets arranged the seven-year, fixed-rate loan through Bank United on behalf of the borrower, an unnamed private investor. Pines Medical Professional Centre features four, two-story office buildings built between 2000 and 2002. The South Florida property was 97 percent leased at the time of financing to a variety of medical providers, including physicians, dentists, radiologists and urologists. Located at 400-700 N. Hiatus Road, the property is situated less than one mile from Memorial Hospital West and 9.8 miles from Hollywood.

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AcquisitionsIndustrialTexas

Cushman & Wakefield Brokers Sale of Two Houston Industrial Portfolios Totaling 1.4 MSF

by Taylor Williams

HOUSTON — Cushman & Wakefield has brokered the sale of two Houston industrial portfolios totaling approximately 1.4 million square feet. The Northwest Houston Portfolio consists of eight buildings totaling 740,925 square feet located along the U.S. Highway 290 corridor, and the Loop 610 Portfolio comprises five buildings totaling 709,114 square feet in various submarkets. Jim Carpenter, Jud Clements, Robby Rieke, Taylor Starnes, Jim Foreman and Brooke Forrest of Cushman & Wakefield represented the undisclosed seller in the transaction. At the time of sale, the portfolios had a combined occupancy rate of 97.4 percent. The buyer was also undisclosed.  

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La-Frontera-Village-Round-Rock
AcquisitionsRetailTexas

IPA Negotiates Sale of 534,566 SF La Frontera Village Power Center in Metro Austin

by Taylor Williams

ROUND ROCK, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of La Frontera Village, a 534,566-square-foot regional power center located in the northern Austin suburb of Round Rock. Built on 62 acres in 1980, the center is situated within the 330-acre La Frontera master-planned community. At the time of sale, the property was 92 percent leased to tenants such as Kohl’s, Hobby Lobby, Burlington, Marshalls, Barnes & Noble and Cost Plus. Andrew Margulies, Erin Patton, Scott Wiles and Craig Fuller of IPA represented the seller and procured the buyer, both of which requested anonymity, in the transaction. The sale included two ground-leased restaurant outparcels and a 0.8-acre undeveloped parcel.

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McKinney-Airport-Trade-Center
DevelopmentIndustrialTexas

Greystar Breaks Ground on Phase I of 70-Acre Industrial Project in Metro Dallas

by Taylor Williams

MCKINNEY, TEXAS — South Carolina-based development and management firm Greystar has broken ground on Phase I of McKinney Airport Trade Center, a 70-acre industrial project located north of Dallas. Phase I will consist of three buildings spanning 320,000 square feet. Phase II will feature two buildings totaling 434,000 square feet. Completion of Phase I is slated for the end of the year. NAI Robert Lynn and Carey Cox Co., which jointly represented Greystar in its acquisition of the land, have also been retained to market and lease the property.

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LoansMultifamilyTexas

Lightstone Capital Provides $14.7M Acquisition Loan for Villa Ana Apartments in Houston

by Taylor Williams

HOUSTON — Lightstone Capital, a New York City-based direct lender, has provided a $14.7 million acquisition loan for Villa Ana Apartments, a 176-unit multifamily complex in southwest Houston that was built in 1979. According to Apartments.com, Villa Ana offers one- and two-bedroom units and a pool, business center and onsite laundry facilities. Jim Richards of CBRE arranged the loan with Lightstone Capital. The borrower, an undisclosed, Houston-based limited liability company, will use a portion of the proceeds to fund capital improvements.

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Leasing ActivityOfficeTexas

WIS International Signs 70,996 SF Office Lease at Crown Centre in Lewisville, Texas

by Taylor Williams

LEWISVILLE, TEXAS — WIS International, a provider of global inventory and data collection services, has signed a 70,996-square-foot office lease at Crown Centre, a 140-acre corporate campus located in the northern Dallas suburb of Lewisville. Robbie Baty and Mike Wyatt of Cushman & Wakefield represented the tenant, which plans to move in on Dec. 1, in the lease negotiations. Lauren Halstedt, Ashley Curry and James Esquivel of JLL represented the landlord, Bright Realty.  

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AcquisitionsIndustrialNew HampshireNortheastSelf-Storage

Storage Ventures Acquires 385-Unit Self-Storage Facility in Concord, New Hampshire

by Taylor Williams

CONCORD, N.H. — Storage Ventures, a Connecticut-based self-storage investment and management firm, has acquired a 385-unit facility located along Concord’s Loudon Road corridor. Built in 1988, the six-building complex offers drive-up self-storage space and a rental apartment, as well as outdoor parking for cars, recreational vehicles and boats. The seller and sales price were not disclosed.

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Brass-Mill-Commons-Waterbury-Connecticut
AcquisitionsConnecticutNortheastRetail

Newmark Brokers Sale of 204,447 SF Brass Mill Commons Shopping Center in Waterbury, Connecticut

by Taylor Williams

WATERBURY, CONN. — Newmark has brokered the sale of Brass Mill Commons, a 204,447-square-foot shopping center located in Waterbury, about 25 miles north of New Haven. Anchored by grocer Save A Lot, Brass Mill Commons is also home to retailers such as Dick’s Sporting Goods, T.J. Maxx, Michaels, Petco, Barnes & Noble, Ulta Beauty and Buffalo Wild Wings. The center includes three restaurant pad sites that are leased to McDonald’s, TGI Fridays and Chili’s. Geoffrey Millerd, Mathew Adler and Coley Cannon of Newmark represented the seller and procured the buyer in the transaction. Both parties requested anonymity.

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505-E.-178th-St.-Bronx
AcquisitionsMultifamilyNew YorkNortheast

Alpha Realty Negotiates $16.6M Sale of Four New York City Multifamily Properties

by Taylor Williams

NEW YORK CITY — Locally based brokerage firm Alpha Realty has negotiated the sale of four multifamily properties totaling 133 units that are located in various boroughs of New York City. The properties sold for a combined price of $16.6 million. Lev Mavashev and Yehuda Leser of Alpha Realty represented the sellers and the buyer, a locally based, family-owned management firm, in the transactions. All the parties involved requested anonymity.

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DevelopmentNew YorkNortheastRetail

Wegmans to Open 100,000 SF Grocery Store on Long Island

by Taylor Williams

LAKE GROVE, N.Y. —Wegmans will open a 100,000-square-foot store in Lake Grove, the regional grocer’s first on Long Island. Wegmans has entered into an agreement to purchase 8.5 acres of the 28-acre DSW Plaza, which is owned by Prestige Properties & Development. A timeline for construction and opening has not yet been determined. Founded in 1916, Wegmans operates 106 stores in seven states, with new stores planned to open in Virginia, Delaware and Manhattan within the next two years.

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