Property Type

Audi Selects Georgia for $4B SUV Manufacturing Plant

by John Nelson October 27, 2026

PEACH COUNTY, GA. — Audi AG has selected the Middle Georgia Megasite near Macon for a $4 billion advanced manufacturing facility, which will be the German automotive giant’s first plant in Georgia. The company’s new factory in Peach County will bring approximately 4,500 new jobs to central Georgia and create an expected annual capacity of 200,000 vehicles, with a focus on Audi’s luxury SUVs. Audi expects to begin grading the site in 2027 and break ground on the new plant in 2028. The factory is expected to begin operating at full capacity in 2031. The size of the new factory was not disclosed, but Audi says it will be “among the brand’s largest production footprints globally.” “The United States is one of the world’s most important premium markets, and we have not yet realized our full potential,” says Gernot Döllner, chairman of the board of management at Audi AG. “We are determined to change that — with premium products, a stronger brand and a competitive local production base. This is about building a stronger Audi business in America — not simply about building a factory.” “We are proud to welcome one of the world’s most iconic automotive brands to Georgia,” …

October 27, 2026

Features Restaurant Retail

Opening on Time: What Multi-Unit Retail, Restaurant Teams Should Demand From Their General Contractors

by Taylor Williams October 27, 2026

By Robert Reid, principal, Corporeal Visions Inc. Every multi-unit retail and restaurant operator knows the math on a late opening. Rent starts on the commencement date whether the doors are open or not. Staff have been hired and trained against a date that is now moving. Marketing has been spent. Equipment is sitting in a warehouse accruing storage fees. A four-week slip on a single restaurant can easily cost tens of thousands of dollars in carried rent, payroll and lost sales, and for a team opening several units a year, those slips compound. What separates the teams that open on time from the teams that don’t is rarely the quality of the finishes or the size of the budget. It is whether the general contractor (GC) was made to own a handful of coordination points that fall between the cracks of a typical bid. Facility and construction managers who put these items on the table before the contract is signed, and hold the GC to them through turnover, tend to open when they said they would. Demand A Written Lndlord-To-Tenant Handoff Most late openings trace back to the first week, not the last. A tenant build-out starts on the assumption …

October 27, 2026

Acquisitions Industrial Texas

JLL Negotiates Sale of 757,325 SF Industrial Park in North Houston

by Taylor Williams October 26, 2026

HOUSTON — JLL has negotiated the sale of Park 845 Crossing, a 757,325-square-foot industrial park in North Houston. Built in phases between 2008 and 2014, Park 845 Crossing comprises five buildings on a 38.9-acre site at the interchange of I-45 and Beltway 8. Buildings offer a mix of rear-load and cross-dock configurations, range in size from approximately 54,000 to 245,000 square feet and feature 18- to 30-foot clear heights. Trent Agnew, Charlie Strauss, Lance Young, Brooke Petzold and Max Myers of JLL represented the seller, an affiliate of Equus Capital Partners, in the transaction. The buyer was New York City-based REIT INDUS Realty Trust.

October 26, 2026

Acquisitions Retail Texas

Newmark Brokers Sale of 115,512 SF Shopping Center in West Austin

by Taylor Williams October 26, 2026

AUSTIN, TEXAS — Newmark has brokered the sale of Oak Hill Plaza, a 115,512-square-foot shopping center in West Austin. The center sits on an 11.3-acre site at 7101 State Highway 71 and was 92.5 percent leased at the time of sale. Tenants include The Picklr, Dollar Tree, AutoZone, Jim’s Restaurant, Wells Fargo, Pluckers Wing Bar and Golden Chick. Conor Lalor, Kyle Minter, James Sharpe V and Cole Frantz of Newmark represented the seller, Partners Real Estate, which acquired the property in 2021, in the transaction. Fort Worth-based owner-operator Trademark Property Co. acquired Oak Hill Plaza in a joint venture with global investment firm Cohen & Steers.

October 26, 2026

Leasing Activity Retail Texas

EōS Fitness to Open 40,000 SF Gym in Northwest Houston

by Taylor Williams October 26, 2026

HOUSTON — EōS Fitness will open a 40,000-square-foot gym within Grand Parkway Center in northwest Houston. The address was not disclosed, but the space is located at the junction of Grand Parkway and State Highway 249. The opening is slated for next year. NewQuest represented EōS in the lease negotiations. The name and representative of the landlord were not disclosed.

October 26, 2026

Leasing Activity Life Sciences Texas

Cerenome Signs Life Sciences Lease Expansion in Houston

by Taylor Williams October 26, 2026

HOUSTON — Cerenome Inc. has signed a life sciences lease expansion in Houston. The provider of radiotherapeutics and diagnostic services for brain and central nervous system cancers now occupies 36,500 square feet within Levit Green, a 53-acre life sciences district located adjacent to Texas Medical Center. Cerenome’s new lab and office space is expected to be complete late next year. Hines owns Levit Green.

October 26, 2026

Development Multifamily New Jersey Northeast

Alpine Residential Completes 500-Unit Multifamily Project in Jersey City

by Taylor Williams October 26, 2026

JERSEY CITY, N.J. — New York-based developer Alpine Residential has completed AVIVA, a 500-unit multifamily project in Jersey City. Designed by GRT Architects and Ismael Leyva Architects, AVIVA, formerly known as Scholars Village, comprises two 12-story buildings that are connected by a lobby base with 4,000 square feet of ground-floor retail space. Residences come in studio, one-, two- and three-bedroom floor plans, and amenities include a fitness center, demonstration kitchen, coworking space, children’s playroom, a pet salon and 24-hour concierge services. Bank OZK provided construction financing for the project.

October 26, 2026

Acquisitions Multifamily New Jersey Northeast

JLL Negotiates Sale of 132-Unit Apartment Building in Fort Lee, New Jersey

by Taylor Williams October 26, 2026

FORT LEE, N.J. — JLL has negotiated the sale of Ridge Pointe, a 132-unit apartment building in the Northern New Jersey community of Fort Lee. Built as an office building in 1985 and converted to residential use in 2014, Ridge Pointe offers studio, one-, two- and three-bedroom units with an average size of 1,296 square feet. Amenities include a rooftop lounge, screening room, fitness center, billiards room and a children’s playroom. Mike Oliver, Steve Simonelli, Jose Cruz, Elizabeth DeVesty, Austin Pierce and C.J. Anania of JLL represented the undisclosed seller in the transaction. Thomas Didio Jr., Gerard Quinn, Michael Mataras and Tyler Caricato, also with JLL, arranged acquisition financing for the deal through Balbec Capital on behalf of the buyer, SELA Realty Investments.

October 26, 2026

Loans Multifamily New York Northeast

MMCC Arranges $9.8M Acquisition Loan for Brooklyn Apartment Building

by Taylor Williams October 26, 2026

NEW YORK CITY — Marcus & Millichap Capital Corp. (MMCC) has arranged a $9.8 million acquisition loan for an 11-unit apartment building in Brooklyn’s Williamsburg neighborhood. The building at 235-237 Kent Ave. includes ground-floor retail space above three levels of apartments. Bradley Buzil of MMCC arranged the nonrecourse loan, which carries a five-year term and a fixed interest rate, on behalf of the undisclosed buyer. The direct lender was also not disclosed.

October 26, 2026

Acquisitions Civic New Hampshire Northeast

Marcus & Millichap Brokers $3.9M Sale of Civic Building in Manchester, New Hampshire

by Taylor Williams October 26, 2026

MANCHESTER, N.H. — Marcus & Millichap has brokered the $3.9 million sale of a 56,000-square-foot civic building in Manchester. The building at 470 Pine St. was originally constructed in 1924 as a mill and is now home to three educational institutions. Luigi Lessa and Mattias Edenkrans of Marcus & Millichap represented the seller, an entity doing business as TAD LLC, in the transaction and procured the buyer, private investor Mike Mita. Thomas Shihadeh of Marcus & Millichap helped close the deal as the broker of record.

October 26, 2026

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