Property Type

Gantry Secures $14.8M Refinancing for Latitude Queen Anne Apartments in Seattle

by Amy Works March 25, 2026

SEATTLE — Gantry has secured a $14.8 million permanent loan to refinance maturing debt for the Latitude Queen Anne, a multifamily property located in Seattle’s Queen Anne neighborhood. Located at 500 3rd Ave. W., the Class A, mid-rise property offers 76 apartments in urban one-bedroom layouts and traditional one- and two-bedroom floor plans, as well as a rooftop deck. Mike Wood and Tim Brown of Gantry represented the borrower, a private real estate investor, in the financing. The 10-year, fixed-rate, nonrecourse loan was secured from one of Gantry’s correspondent life company lenders and features full-term interest-only payments. Gantry will service the loan for its correspondent.

March 25, 2026

Acquisitions Colorado Healthcare Western

Pinnacle Real Estate Advisors Brokers Sale of 20,034 SF Medical Office Property in Littleton, Colorado

by Amy Works March 25, 2026

LITTLETON, COLO. — Pinnacle Real Estate Advisors has arranged the sale of Chatfield Plaza, a medical office property situated within Ken Caryl Business Park in Littleton. The asset traded for $3.2 million. Located at 10789 Bradford Road, the 20,034-square-foot building is home to 10 tenants, abundant parking and upgraded solar paneling on the roof. RC Myles, Eric Shaw and Kianna Starin of Pinnacle Real Estate Advisors represented the seller, while Craig Myles and Joe Owston represented the buyer in the deal. The names of the seller and buyer were not released.

March 25, 2026

Development Industrial Michigan Midwest

Chobani Plans $567M Expansion of La Colombe Plant in West Michigan

by Kristin Harlow March 25, 2026

NORTON SHORES, MICH. — Chobani has unveiled plans for a multi-phase, $567 million expansion of its La Colombe plant in the western Michigan town of Norton Shores. The project is expected to add more than 200,000 square feet of production space and nearly 340 new jobs, while retaining 312 jobs. The company says demand is surging for La Colombe’s signature ready-to-drink lattes. La Colombe first started in Philadelphia in 1994, making crafted coffee in cafes across the country. In 2016, the brand launched its ready-to-drink lattes, which are made in Norton Shores with locally sourced milk. Chobani, which manufactures yogurt, oat milk and creamers, acquired La Colombe in 2023.

March 25, 2026

Illinois Industrial Loans Midwest Ohio

JLL Arranges $59M Refinancing for Industrial Portfolio in Metro Chicago, Cincinnati

by Kristin Harlow March 25, 2026

CHICAGO AND CINCINNATI — JLL Capital Markets has arranged a $59 million loan for the refinancing of a three-building industrial portfolio totaling 647,717 square feet across the Chicago and Cincinnati metropolitan areas. The Midwest Industrial 3-Pack comprises two facilities in Fairfield, Ohio, and one property in Hoffman Estates, Ill. All three buildings were completed in 2023 and feature a clear height of 32 feet, LED lighting with motion sensors, ESFR sprinkler systems and concrete tilt-wall construction. The portfolio is fully leased to a mix of tenants serving the logistics, distribution, manufacturing, packaging and thermal processing industries. The Ohio properties are known as Seward Pointe Commerce Park, while the Chicago asset is known as The Ninety Logistics Center and totals 201,676 square feet. Matthew Schoenfeldt, Lucas Borges, Brian Walsh, Michael Gurwin and Christian Johnston of JLL arranged the loan on behalf of the borrower, Brennan Investment Group and Reinsurance Group of America Inc. A regional bank provided the five-year loan.

March 25, 2026

Indiana Industrial Leasing Activity Midwest

Dandy Leases 258,336 SF Industrial Facility at Thunderbird Commerce Center in Indianapolis

by Kristin Harlow March 25, 2026

INDIANAPOLIS — Dandy, a dental technology company, has leased a newly constructed, 258,336-square-foot industrial facility at Thunderbird Commerce Center, a 185-acre, master-planned manufacturing and logistics park developed by Lauth Group in Indianapolis. Dandy is expected to take occupancy in the second quarter, and plans to make a significant investment to customize the interior of the building for its operations. The facility will serve as a primary hub for production, fulfillment and distribution. Dandy’s operations are expected to create more than 100 jobs in the next year. Other tenants at Thunderbird include Monarch Beverage and ABF Freight.

March 25, 2026

Illinois Loans Midwest Office Retail

MMCC Secures $4M in Financing for Office, Retail Property in Suburban Chicago

by Kristin Harlow March 25, 2026

DOWNERS GROVE, ILL. — Marcus & Millichap Capital Corp. (MMCC) has secured $4 million in financing for a 19,000-square-foot office and retail property located at 5100 Main St. in Downers Grove. Dean Giannakopoulos of MMCC secured the financing with a regional lender on behalf of the private client. The loan features high leverage, flexible prepayment and a 5.95 percent interest rate. The property’s ground floor is home to Peet’s Coffee and Duly Health. There is additional office space on the building’s upper floors.

March 25, 2026

Development Georgia Life Sciences Southeast Top Stories

UCB to Invest $2B for Biopharmaceutical Manufacturing Campus in Northeast Georgia

by Kristin Harlow March 25, 2026

DACULA, GA. — Global biopharmaceutical company UCB has unveiled plans to invest $2 billion to establish its first U.S. pharmaceutical biologics manufacturing campus in Dacula, a city within metro Atlanta’s Gwinnett County. The new facility is expected to create 330 new jobs over the next several years at Rowen, a mixed-use innovation district focused on global health, agriculture and environmental sustainability. The 2,000-acre “knowledge community” is planned along Ga. Highway 316. The new 460,000-square-foot facility will anchor 79 acres that UCB purchased off Rowen Parkway. Brussels, Belgium-based UCB maintains an existing presence in Georgia. The company’s North American headquarters is located in Smyrna and currently supports more than 400 jobs spanning expertise in neurology and immunology. UCB is focused on developing innovative medicines for people living with severe neurological and autoimmune conditions such as epilepsy. UCB’s new manufacturing footprint marks the first major private investment at Rowen and the largest capital investment in Gwinnett County’s history. UCB says it will leverage advanced manufacturing technologies, including artificial intelligence, robotics and automation, while prioritizing efficient use of natural resources. Jean-Christophe Tellier, CEO of UCB, says the project is expected to generate approximately $5 billion in total economic impact, including more than 1,000 …

March 25, 2026

Development Maryland Seniors Housing Southeast

Erickson Senior Living Breaks Ground on 1,000-Unit Independent Living Community in Metro Baltimore

by John Nelson March 24, 2026

CLARKSVILLE, MD. — Erickson Senior Living has broken ground on Oxford Hills, a new independent living community in Clarksville, roughly 30 miles southwest of downtown Baltimore. The 62-acre development is approved for more than 1,000 units upon full build-out. Amenities at the property will include multiple dining venues, under-building parking, an indoor pool, fitness center, outdoor gathering areas, classrooms and social spaces. Erickson Senior Living plans to open Oxford Hills in late 2028. Future additional phases will include assisted living and continuing care neighborhoods.

March 24, 2026

Civic Development Georgia Industrial Southeast

Georgia Ports Authority to Open $134M Gainesville Inland Port in May

by John Nelson March 24, 2026

GAINESVILLE, GA. — The Georgia Ports Authority plans to open the Gainesville Inland Port, a $134 million inland port in the northeast Georgia city of Gainesville, on May 4, 2026. The 104-acre project will give manufacturers and suppliers in the region an alternative to a 600-mile roundtrip truck route by providing direct Norfolk Southern rail service between the inland port and the Port of Savannah. The Georgia Ports Authority estimates that the new inland port will replace approximately 26,000 roundtrip truck routes in the inland port’s first year of operation. The Gainesville Inland Port, formerly known as the Blue Ridge Connector, will have an annual capacity of 200,000 containers. The Georgia Ports Authority is currently executing a nearly $5 billion infrastructure investment plan over the next decade to expand berths, yards, gates, inland ports and rail capacity for the state’s port network, headlined by the Port of Savannah.

March 24, 2026

Acquisitions Georgia Industrial Southeast

Peachtree Group Acquires 600,000 SF Distribution Center Near Savannah Leased to Hasbro, Launches DST

by John Nelson March 24, 2026

MIDWAY, GA. — Peachtree Group has acquired a newly built, 600,000-square-foot distribution center in Midway, about 32 miles southwest of Savannah. The property is fully leased to Hasbro Inc., a toy and game manufacturing company behind brands including NERF, Transformers, G.I. Joe, My Little Pony, Monopoly, Play-Doh, Dungeons & Dragons, Furby, Power Rangers and Magic: The Gathering. Located in Liberty County, the property represents approximately 25 percent of Hasbro’s U.S. distribution footprint and services brick-and-mortar stores and direct-to-consumer operations. The seller and sales price were not disclosed. As part of the transaction, Peachtree Group has launched a Delaware Statutory Trust (DST) called PG Savannah Industrial DST, allowing 1031 users and other investors to acquire fractional interests in the property via a trust structure. The lease has an initial 10-year term with two five-year extension options with 3.25 percent annual rent escalations. Hasbro is responsible for operating expenses at the facility, according to Peachtree Group.

March 24, 2026

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