Property Type

Modular Manufacturing, VDC Are Redefining Heavy Industrial Construction

by Kristin Harlow October 15, 2026

By Matt Willson, Holland Construction Services The pipeline of heavy industrial construction in the United States has never been larger or more demanding. Driven by a wave of reshoring, domestic manufacturing investment and landmark federal legislation, companies like Samsung, TSMC, Hyundai, Panasonic and Ford are committing tens of billions of dollars to new production facilities across the country. Samsung alone is investing $17 billion in semiconductor fabs in Taylor, Texas. TSMC has committed more than $65 billion to three fabrication plants in Arizona. Ford and SK On are building a $5.8 billion electric vehicle (EV) battery campus in Kentucky. The scale is extraordinary. And it is exposing a hard truth about conventional construction: The traditional field-built model cannot keep pace. The labor math doesn’t work The construction industry entered 2025 needing 439,000 additional workers just to meet existing demand. This number rose to approximately 500,000 by 2026, according to workforce data tracked by the Associated Builders and Contractors. The shortage is structural, not cyclical. Roughly 41 percent of today’s construction workforce is projected to retire by 2031, and 92 percent of contractors already report difficulty filling open positions. Forty-five percent have experienced project delays in the past year attributable directly …

October 15, 2026

Market Reports Midwest Midwest Market Reports Missouri Office

St. Louis Office Market: Slow But Steady

by Kristin Harlow October 15, 2026

By Tony Kennedy, Colliers | St. Louis St. Louis is more than the Gateway Arch and the St. Louis Cardinals (although those are two pretty awesome things to have). With a robust and diversified economy, St. Louis continues to be a steady performer across all sectors predominantly in manufacturing, financial services, healthcare, biotech, energy and education. St. Louis ranks as the 23rd-largest metro area in the U.S. with an unemployment rate of 4.1 percent versus the national average of 4.4 percent. St. Louis doesn’t have high highs or low lows; rather it is the tortoise and not the hare when it comes to economic growth. And when it comes to real estate, the St. Louis office market follows a similar path and continues to show steady trends across key indicators. Overall, office vacancy continues to hover around 25 percent with some submarkets performing better than others. The Clayton submarket remains the “darling” of the St. Louis region with virtually no large blocks of space available and robust demand outweighing supply. With a Class A vacancy rate of 14 percent (about half the region’s average), Clayton landlords continue to push rates upward. Clayton office lease rates are hovering in the low …

October 15, 2026

Development Multifamily Texas

Teeple Partners Breaks Ground on 312-Unit Multifamily Project in Bryan, Texas

by Taylor Williams October 14, 2026

BRYAN, TEXAS — Austin-based developer Teeple Partners has broken ground onOaks Reserve Apartments, a 312-unit multifamily project that will be located in the Central Texas city of Bryan. Units will come in one-, two- and three-bedroom floor plans and will range in size from 668 to 1,520 square feet. Amenities will include a pool, fitness center, conference room, pickleball courts and multiple dog parks. Oaks Reserve, which represents the second of three phases of a larger development that will span more than 1,000 units across 53 acres, will feature multiple three- and four-story buildings. The first phase, the 315-unit Brazos Oaks, was completed this summer.

October 14, 2026

Loans Retail Texas

MMCC Arranges $23.4M in Acquisition Financing for Travel Center in Mercedes, Texas

by Taylor Williams October 14, 2026

MERCEDES, TEXAS — Marcus & Millichap Capital Corp. (MMCC) has arranged $23.4 million in acquisition financing for a 2,920-square-foot travel center in Mercedes, located in South Texas’ Hidalgo County. The address was not disclosed, but the facility is located off East I-2. Ron Balys of MMCC arranged the 10-year loan, which carried a 6.75 percent interest rate and a 70 percent loan-to-value ratio, through an undisclosed national credit union. The borrower was also not disclosed.

October 14, 2026

Acquisitions Industrial Texas

Partnership Buys 4.3-Acre Industrial Outdoor Storage Facility Near San Antonio Airport

by Taylor Williams October 14, 2026

SAN ANTONIO — A partnership between Dallas-based Apricus Realty Capital and Baltimore-based ABR Capital Partners has purchased a 4.3-acre industrial outdoor storage (IOS) facility in San Antonio. The facility at 8799 Crownhill Blvd. is situated adjacent to San Antonio International Airport and features crane-served warehouse space, maintenance facilities, a concrete storage yard and multiple drive-in loading positions. The facility was fully leased at the time of sale. The seller and sales price were not disclosed.

October 14, 2026

Acquisitions Industrial Texas

CanTex Capital Acquires 18,535 SF Industrial Building in New Braunfels, Texas

by Taylor Williams October 14, 2026

NEW BRAUNFELS, TEXAS — Dallas-based investment firm CanTex Capital has acquired an 18,535-square-foot industrial building in New Braunfels, a northeastern suburb of San Antonio. According to LoopNet Inc., the single-tenant building at 7570 I-35 was completed in 2023. The building can also support industrial outdoor storage use. Patrick Cromwell of Savills represented CanTex in the transaction. The seller and sales price were not disclosed.

October 14, 2026

Development Georgia Industrial Southeast

Hyundai Transys to Invest $560M for Factory Expansion in West Point, Georgia

by John Nelson October 14, 2026

WEST POINT, GA. — Hyundai Transys Georgia Powertrain, an automotive parts specialist in the Hyundai family of brands, has announced it will invest $560 million to expand its manufacturing operation at 6801 Kia Parkway in West Point, a west Georgia city near the Alabama border. The investment will fund upgrades to two current buildings and the construction of a third on the campus. The expansion will support added production capacity for electrified powertrains for hybrid vehicles. Hyundai Transys plans to create 320 new jobs as a result of the expansion, adding to its current total of 1,250 employees. The construction timeline was not disclosed. Civic and utility partners for the Hyundai Transys project include the Georgia Department of Economic Development’s Global Commerce team, the City of West Point, Georgia Quick Start and Georgia Power.

October 14, 2026

Development Georgia Industrial Southeast

SunCap to Develop 959,822 SF Industrial Project Near Port of Savannah

by John Nelson October 14, 2026

POOLER, GA. — SunCap Property Group has purchased 65 acres in Pooler, a western suburb of Savannah, for the development of Pine Meadow Logistics Park. Situated at Pine Meadow Drive and Pine Barren Road, the two-building development will span 959,822 square feet at full build-out. SunCap has tapped Hilary Shipley and Sebastian Findlay of Colliers Savannah to lease Pine Meadow, which sits within close proximity to I-95, I-16 and the Port of Savannah’s Garden City Terminal. The project will comprise a 606,323-square-foot cross-dock building and a 353,499-square-foot rear-load facility. SunCap expects to deliver both buildings by October 2027.

October 14, 2026

Acquisitions Multifamily North Carolina Southeast

Portsmouth, Marcus Purchase 326-Unit Multifamily Community in Raleigh

by John Nelson October 14, 2026

RALEIGH, N.C. — A partnership between Portsmouth Real Estate Partners and Marcus Partners has purchased Vine North Hills, a 326-unit multifamily community located at 500 St. Albans Drive in Raleigh. The seller and sales price were not disclosed. Newmark arranged an undisclosed amount of acquisition financing for the partnership, which is the first venture between Portsmouth and Marcus. Vine North Hills sits within the 33-acre North Hills Innovation District, which is part of Raleigh’s North Hills mixed-use neighborhood. Completed in 2020, the property offers studio, one-, two- and three-bedroom apartments, as well as a “full” suite of amenities and structured parking.

October 14, 2026

Development Georgia Multifamily Southeast

RangeWater, NSKRE Break Ground on 274-Unit Apartment Development at Lulah Hills in Decatur, Georgia

by John Nelson October 14, 2026

DECATUR, GA. — RangeWater Real Estate and Nippon Steel Kowa Real Estate Co. (NSKRE) have broken ground on Ellory House, a 274-unit apartment community at Lulah Hills, a 78-acre mixed-use development underway in Decatur, an eastern suburb of Atlanta in DeKalb County. EDENS is the master developer of Lulah Hills, which is a redevelopment of the former North DeKalb Mall. EDENS is also listed as a sponsor for the Ellory House project, which will be located directly along Lulah Hills’ main street, Lulah Avenue, and across from Lemon Park, the development’s largest green space. In addition to apartments, Ellory House will feature 39,000 square feet of ground-level retail space. The construction timeline was not released. This development represents RangeWater’s first development deal with NSKRE and its 31st in the Atlanta market.

October 14, 2026

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