AMARILLO, TEXAS — New York City-based Dwight Capital has provided a $21 million HUD-insured loan for the refinancing of Ridgewood Apartments, a 240-unit property in Amarillo. The 10-building community was constructed in 2015 and features a pool, playground, business center, fitness center, basketball and volleyball courts and a party room. Daniel Malka of Dwight Capital originated the financing. The borrower was not disclosed.
GRAND PRAIRIE, TEXAS — CBRE has brokered the sale of Riverside Place, a 148-unit apartment complex located in the central metroplex city of Grand Prairie. The property features one-, two- and three-bedroom units and amenities such as a pool, fitness center, conference and meeting space, business center, outdoor grilling stations, coffee bar, pet park and package lockers. Chris Deuillet and William Hubbard of CBRE represented the seller, Irving, Texas-based MPH Partners, in the transaction. California-based Shore to Shore Properties purchased the asset for an undisclosed price.
PLANO, TEXAS — Trintech, a locally based provider of financial software products, has signed a 70,000-square-foot office lease for its new headquarters space at Granite Park Seven in Plano. Craig Wilson and Randy Cooper of Stream Realty Partners represented the tenant in the lease negotiations. Union Investment owns the asset, having purchased it from Granite Properties in 2018.
NEW YORK CITY — TMRW Life Sciences, which provides management systems and solutions for in vitro fertilization, has signed a 38,000-square-foot lease at 250 Hudson Street in Manhattan. The tenant currently occupies a portion (5,500 square feet) of the seventh floor of the 15-story building and will relocate from that space to occupy the entire sixth floor and part of the ground floor. Mitti Liebersohn of Avison Young represented TMRW Life Sciences in the lease negotiations. Brett Greenberg and Adam Rappaport represented the landlord, Jack Resnick & Sons, on an internal basis.
CHICAGO — Ryan Cos. US Inc. has topped off Clarendale Six Corners, a $117 million senior living community on the Northwest Side of Chicago. Construction of the 10-story, 258-unit project began in January. Completion is slated for fall 2022. Ryan is serving as developer, architect, builder and capital markets partner. Ryan owns the project in a joint venture with LCS and Harrison Street. LCS will handle the day-to-day operations and Ryan will provide asset management services. The 258 units will be comprised of independent living, assisted living and memory care residences, including 11 affordable units for residents at certain income levels. The project will include an outdoor sky terrace on the fourth floor and 18,000 square feet of street-level retail space. Resident amenities will include an eatery, cocktail bar, billiards lounge, massage room, full-service salon, fitness center, fine dining experiences and weekly housekeeping. Clarendale Six Corners will be the 10th Clarendale senior living property in Ryan’s portfolio.
BELTON, MO. — Pet supply company Chewy Inc. has opened its new 800,000-square-foot e-commerce fulfillment center in Belton, about 20 miles south of Kansas City. Chewy, an online retailer, says the investment will create more than 1,600 new jobs in the region. NorthPoint Development was the developer and Crossland Construction Co. was the general contractor for the project.
AKRON AND CANTON, OHIO — Matthews Real Estate Investment Services has brokered the sale of a three-property Veteran Affairs Center portfolio in Ohio for $15.9 million. Two of the centers are in Akron while the third is in Canton. Kyle Mackulak, Rahul Chhajed and Michael Moreno of Matthews represented the undisclosed seller. The buyer is one of the top buyers in the U.S. for properties leased to Veteran Affairs, according to Matthews.
HILLSDALE, N.J. — Axiom Capital Corp. has placed a $17.8 million loan for the refinancing of a 63,000-square-foot retail building in the Northern New Jersey community of Hillsdale. An undisclosed bank provided the loan to the borrower, a private investor and developer. The property has been leased to a single tenant on a triple-net basis since 1979 and was also renovated between 2016 and 2017.
ELK GROVE VILLAGE, ILL. — Colliers International has completed the lease-up of Chancellory Lakes Distribution Center, a two-building industrial development spanning 162,342 square feet in Elk Grove Village near Chicago. At 202 E. Devon Ave., Csafe Global and Panos Foods signed leases for 23,114 and 56,176 square feet, respectively. JAS Forwarding USA took occupancy of the entire 83,052-square-foot building at 222 E. Devon Ave. Jonathan Kohn and Ron Behm of Colliers represented ownership, Seefried Industrial Properties and Nuveen Real Estate. Seefried acquired the eight-acre site in May 2020 and completed development in March 2021. Located within Centex Industrial Park, the property features a clear height of 32 feet, 24 docks and 175 parking spaces.
LINCOLN, NEB. — NexCore Group and Catholic Health Initiatives (CHI) have broken ground on the 34,668-square-foot CHI Health Clinic Yankee Hill in Lincoln. CHI will be the sole tenant in the one-story building, located at 4055 Yankee Hill Road. The facility will offer primary care, physical therapy, behavioral health services and specialty care, imaging services, a laboratory and retail pharmacy. NexCore will own the building, which is slated for completion in summer 2022. McCarthy Building Cos. Inc. is the general contractor and Omaha-based Leo A. Daly is the architect. Englewood, Colo.-based CHI is part of the Chicago-based health system CommonSpirit, which maintains hospitals and care centers in 21 states.