Property Type

Indianapolis Lodging Edges Out National Trends

by Kristin Harlow March 19, 2026

By Aghfar Arun, Bradford Allen Indianapolis has a reputation as a convention town, but its hotel story has moved well beyond lanyards and name badges. A growing mix of sports, healthcare, corporate and leisure demand is now filling rooms year‑round — downtown and across the suburbs — turning the market into one of the Midwest’s most reliable hospitality overachievers. Event boom downtown Indianapolis experienced 8.1 million room nights of demand in the 12-month period ending at mid-year 2025, according to CoStar data. This is over 580,000 more than the market’s pre-COVID peak. To meet this demand, the construction pipeline at mid-year included more than 1,500 hotel rooms, with another 3,402 rooms in the final planning stages and 3,220 rooms proposed. According to Visit Indy, new projects slated for delivery in 2026 include a pair of adaptive reuse projects: The Kimpton will transform the historic Odd Fellows Building into a 167-key luxury hotel and the Motto Hotel will bring 116 rooms to the King Cole Building. The most notable project is Signia by Hilton, a 38-story hotel with 800 guest rooms developed alongside a 143,500-square-foot expansion of the Indiana Convention Center. A snapshot of downtown Indianapolis, prepared last year by …

March 19, 2026

Development Georgia Healthcare Southeast Top Stories

Grady Health System Plans $1B Medical Campus in South Atlanta Suburb

by John Nelson March 19, 2026

UNION CITY, GA. — Grady Health System has announced plans for the development of a new campus in Union City, roughly 20 miles southwest of Atlanta. Project costs for the development are expected to total more than $1 billion. Scheduled to open in phases, the campus will feature a medical office building and an acute care hospital. The two buildings will be situated near a freestanding emergency department that is currently under construction. Grady plans to open that facility in June and integrate it into the larger campus in the future. The hospital will feature 200 critical care, intermediate care and acute care beds. Grady expects that the hospital will serve as a Level 3 verified trauma center, equipped to perform emergency surgery, resuscitate and stabilize patients with serious injuries. The medical office building will offer imaging services, a surgery center, specialty clinics, pharmacy services, rehabilitation and pediatric care. Construction on the medical office building is scheduled for completion in early 2028, with the hospital planned to open in 2031. Financing for the project includes $300 million in Fulton County bond funding and funds raised through a multi-year capital campaign. “We are proud of this latest partnership with Grady,” said …

March 19, 2026

Industrial Loans Oregon Western

Gantry Secures $12M Refinancing for Two-Building Industrial Asset in Hillsboro, Oregon

by Amy Works March 18, 2026

HILLSBORO, ORE. — Gantry has secured a $12 million permanent loan to refinance maturing debt for a pair of industrial warehouse buildings located at 5640 N.E. Wagon Drive Blvd. in Hillsboro. The 10-acre site features two buildings offering a total of 192,000 rentable square feet, including a single-tenant asset with 152,000 rentable square feet and an adjacent 40,000-square-foot multi-tenant flex building. Blake Hering, Kristin Lapinskas and Abi Hunter of Gantry’s Portland, Ore., office represented the borrower, a private real estate investor. The 10-year, fixed-rate nonrecourse loan set at a 25-year amortization was secured from one of Gantry’s insurance company correspondents. Gantry will service the loan for the lender.

March 18, 2026

Acquisitions California Industrial Western

Forza Properties Acquires Two Small-Bay Industrial Buildings Near Sacramento for $9M

by Amy Works March 18, 2026

SACRAMENTO AND CARMICHAEL, CALIF. — Forza Properties has purchased two industrial properties for a combined $9 million. Matt Post, Anthony DeLorenzo and Sammy Cemo of CBRE represented the two sellers, 5753 Auburn Blvd LLC and MCA IGF Carmichael LLC, in the transactions. Matt Susac, Tyler Howell, Todd Sanfilippo and Walter Smyth of CBRE handled leasing for the properties. The multi-tenant property, located at 5753 Auburn Blvd. in Sacramento, sold for $4.8 million. The asset features 22 units spread across four buildings, with suites averaging 1,400 square feet. Each suite has one roll-up door, a 16-foot clear height and convenient access to Interstate 80. At the time of sale, the property was 97 percent leased. The fully leased property in Carmichael sold for $4.2 million. The asset includes 17 units averaging 1,529 square feet, 19 roll-up doors and 12-foot ceilings. The property recently underwent capital improvements, including roof work, exterior paint, asphalt upgrades and interior renovations. The property has immediate access to Interstate 80.

March 18, 2026

Acquisitions Arizona Healthcare Western

Woodside Health Buys 29,827 SF Healthcare Facility in Gilbert, Arizona

by Amy Works March 18, 2026

GILBERT, ARIZ. — Woodside Health has purchased Greenfield MOB & ASC, a medical outpatient building (MOB) and ambulatory surgery center (ASC) at 2450 E. Guadalupe Road in Gilbert. Terms of the transaction were not disclosed. Constructed in 2005, Greenfield MOB & ASC is a 29,827-square-foot, single-story, multi-tenant facility. Mountain View Surgery Center Gilbert, a partnership between the physician owners and United Surgical Partners International, anchors the property with a newly executed extension featuring three operating rooms. The remaining tenancy is leased to eight tenants offering diverse services, including podiatry, periodontics, mental and behavioral health, ophthalmology, dentistry, pediatric therapy, pharmaceuticals, vascular and medical spa services. Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof and Jesse Greshin of CBRE U.S. Healthcare Capital Markets partnered with Phil Wurth of CBRE’s Phoenix Healthcare Leasing team to represent the undisclosed seller in the deal.

March 18, 2026

Acquisitions California Industrial Lee & Associates Western

Lee & Associates Brokers $2.3M Sale of 7,770 SF Multi-Tenant Industrial Building in Norwalk, California

by Amy Works March 18, 2026

NORWALK, CALIF. — Lee & Associates has arranged the sale of a multi-tenant industrial building located at 13820 Shoemaker Ave. in Norwalk. Parsons sold the property to Rosecrans Associates, an investment buyer, for $2.3 million. Situated on 0.37 acres, the 7,770-square-foot property features 800 square feet of office space, three ground-level doors, a 14-foot warehouse clearance and 300 amps of power. Additionally, the asset offers a secured yard area and a 2:1 parking ratio. The property was originally constructed in 1974. Pat Delaney of Lee & Associates – Orange handled the transaction.

March 18, 2026

Acquisitions Maryland Retail Southeast

Federal Realty Acquires Shopping Center in Rockville, Maryland for $72.3M

by John Nelson March 18, 2026

ROCKVILLE, MD. — Federal Realty Investment Trust, a retail REIT based in North Bethesda, Md., has acquired Congressional North Shopping Center, a 176,000-square-foot shopping center in Rockville, for $72.3 million. The seller was not disclosed. Aldi anchors the center, which spans 12 acres and sits approximately 12 miles northwest of Washington, D.C. Additional tenants include RH Outlet, Petco and Staples. Within Montgomery County, Md., Federal Realty also owns Congressional Plaza, which is adjacent to Congressional North, as well as Federal Plaza, Montrose Crossing and Pike & Rose.

March 18, 2026

Acquisitions Multifamily Texas

Northmarq Arranges Sale of 28-Story Apartment Tower in North Dallas

by Taylor Williams March 18, 2026

DALLAS — Northmarq has arranged the sale of Eastline Residences, a 28-story apartment tower in North Dallas. Delivered in 2021 by Convexity Properties, Eastline Residences offers 330 units in studio, one-, two- and three-bedroom units, as well as penthouses on the top four floors. Residences feature stainless steel appliances, quartz countertops, individual washers and dryers and private balconies/patios. Amenities include a pool, clubhouse, fitness center and a business center. Taylor Snoddy, Eric Stockley and Charles Hubbard of Northmarq represented Convexity in the sale. Kevin Leamy and Lauren Bresky, also with Northmarq, arranged an undisclosed amount of acquisition financing on behalf of the buyer, New York City-based Kushner Cos.

March 18, 2026

Acquisitions Industrial Loans South Carolina Southeast

Longleaf Capital Obtains Acquisition Loan for Industrial Property in Spartanburg, South Carolina

by John Nelson March 18, 2026

SPARTANBURG, S.C. — Nashville-based Longleaf Capital Partners has obtained an undisclosed amount of acquisition financing for 185 Littlejohn Street, a two-building industrial property in Spartanburg. The 247,000-square-foot property sits on 24.1 acres in close proximity to interstates 26 and 85, as well as Inland Port Greer and BMW’s U.S. manufacturing headquarters. Patterson Real Estate Advisory Group arranged the senior loan through Georgia Banking Co. Longleaf plans to overhaul the property’s building systems, address deferred maintenance and market the 114,000 square feet of available Class B space to prospective tenants.

March 18, 2026

Development Multifamily Texas

Wood Partners Breaks Ground on 204-Unit Multifamily Project in Tomball, Texas

by Taylor Williams March 18, 2026

TOMBALL, TEXAS — Atlanta-based developer Wood Partners has broken ground on Alta Timberline, a 204-unit multifamily project in Tomball, a northern suburb of Houston. Alta Timberline will consist of seven three-story buildings that will house one-, two- and three-bedroom units. Residences will be furnished with stainless steel appliances, granite countertops and individual washers and dryers. Ground-floor residences will feature private yards, and upper-level apartments will have balconies. Amenities will include a pool, fitness center, two pickleball courts, a dog park, business lounge, coffee bar and outdoor grilling and dining stations. Completion is slated for summer 2027.

March 18, 2026

Newer Posts

Older Posts