Property Type

Columbus Industrial Market Accelerates Amid Mega-Projects, Strategic Growth

by Kristin Harlow April 30, 2026

By Derek Lichtfuss, Newmark Columbus, Ohio, is emerging as one of the nation’s most dynamic industrial markets. With a strategic location, robust infrastructure and a diversified economy, the metro area is attracting industrial, manufacturing and logistics investment at a pace rivaling traditional coastal hubs. According to Newmark Research, Columbus’ industrial market closed 2025 with positive absorption of 8.8 million square feet — ranking among the top five U.S. markets. Remarkably, the fourth quarter alone contributed more than 3 million square feet, marking the second consecutive quarter above that threshold. The market’s fundamentals underscore its strength. Vacancy ended the year at 7.2 percent, down from 9.7 percent in 2024. Asking rents, while largely flat in 2025, have climbed for six consecutive years, reflecting steady demand. More than 5.2 million square feet are currently under construction, signaling developer confidence. Drivers of growth Several factors drive the city’s momentum. Columbus benefits from an exceptional logistics profile. The metro area can reach roughly 50 percent of the U.S. population within a one-day drive or train, bolstered by I-70, I-71 and the second-largest inland port at Rickenbacker International Airport. Its multimodal capabilities — including Norfolk Southern rail and cargo air — have made it a …

April 30, 2026

Data Centers Development Industrial Kansas Midwest Top Stories

Beale Infrastructure Unveils Plans for $3B Data Center Campus in De Soto, Kansas

by Taylor Williams April 30, 2026

DE SOTO, KAN. — Beale Infrastructure, a San Francisco-based owner-operator of data centers and other tech infrastructural properties, has unveiled plans for Project Pilot, a $3 billion data center campus in De Soto, about 30 miles west of Kansas City. Construction of the first phase is set to begin in May. According to Beale, the project, which is ultimately planned to feature four buildings totaling approximately 1 million square feet, represents the first hyperscale data center to be announced in the state of Kansas. The company also stated that the project would add “hundreds” of construction jobs and 50 permanent operational roles to the local economy. Beale has partnered with local utility provider Evergy to provide power for the campus and facilitate infrastructural development. An end user was not announced, but Beale said that upon completion, the campus would “host a large technology company contracted via a long-term lease.” According to Data Center Dynamics (DCD), affiliates of Beale first purchased the 290-acre site last fall, around the same time that the City of De Soto approved construction. DCD also reports that the city “approved property tax and sales tax exemptions on up to $50 billion in industrial revenue bonds, which …

April 30, 2026

Affordable Housing Features Multifamily

C-PACE and Gross Leases: An Affordable Housing Solution

by Hayden Spiess April 30, 2026

By Bert Belanger, PACE Equity Seemingly every week, a commercial real estate publication publishes a story warning that nine out of 10 markets in America need more affordable housing units. Switching to an “all-bills-paid” mindset and utilizing Commercial Property Assessed Clean Energy (C-PACE) financing can help address this quandary. Going Through the PACEs In early 2021, after a 40-year career as a real estate lawyer, consultant and developer focused on affordable housing, I began “selling money.” By this, I mean that I was sourcing capital for PACE Equity, a Milwaukee-based private debt firm focused on providing C-PACE funding. Since C-PACE was new to my home state of Oklahoma, I was initially unfamiliar with its characteristics, but the practice of so-called “green building” was something I had experienced firsthand. I hoped that my mixture of experience might make me a unicorn — a guy who knew how to meld obtuse government subsidized housing tools with C-PACE, all for the greater good. However, I have quickly learned that mixing C-PACE with government-assisted housing financing tools is a non-starter. Why? Because cash flows within government-subsidized financings are thin by design, leaving no room for debt service beyond a small senior loan. Real Deals and Real Savings …

April 30, 2026

Development Office Texas

Midway Completes 320,000 SF CITYCENTRE Six Office Building in West Houston

by Taylor Williams April 29, 2026

HOUSTON — Locally based developer Midway has completed CITYCENTRE Six, a 320,000-square-foot office building in West Houston. The 19-story building was developed adjacent to a new half-acre urban plaza, which was designed by OJB Landscape Architecture, within the 47-acre mixed-use development of the same name. Building materials supplier Dow is the anchor tenant at CITYCENTRE Six, and the building was delivered 90 percent preleased. Other tenants include VoltaGrid, Octave and Enverus. Construction began in early 2024 and topped out last summer.

April 29, 2026

Acquisitions Office Texas

Woodside Buys 200,155 SF Office Campus in Northwest Houston, Plans Renovations

by Taylor Williams April 29, 2026

HOUSTON — Woodside, a Texas-based real estate private equity firm, has purchased Saddlebrook Place, a four-building, 200,155-square-foot office campus in northwest Houston. Woodside plans to renovate the campus, which was previously known as Heron Lakes, by refreshing common areas and introducing move-in-ready spec suites. Woodside has also tapped Stream Realty Partners to lease Saddlebrook Place. The seller and sales price were not disclosed.

April 29, 2026

Acquisitions Retail Texas

Marcus & Millichap Brokers Sale of 47,988 SF Retail Building in Northwest Houston

by Taylor Williams April 29, 2026

HOUSTON — Marcus & Millichap has brokered the sale of a 47,988-square-foot retail building in northwest Houston. The freestanding building, which was constructed on a 5.5-acre site at 7300 W. Greens Road in 1994 and renovated in 2018, was fully leased at the time of sale to 24 Hour Fitness. Scott Jones, Gus Lagos and Alex Wolansky of Marcus & Millichap represented the seller, a California-based investor, in the transaction and procured the buyer, a local investor that acquired the asset via a 1031 exchange.

April 29, 2026

Industrial Leasing Activity Texas

Holt Lunsford Negotiates 13,294 SF Industrial Lease in Fort Worth

by Taylor Williams April 29, 2026

FORT WORTH, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 13,294-square-foot industrial lease in Fort Worth. The tenant is Crawford Electric Supply Co., and the space is located within Everman Trade Center, a four-building, 457,745-square-foot development. Matt Carthey and Trey Goodspeed of Holt Lunsford represented the landlord, Boston-based Cabot Properties, in the lease negotiations. Michael Paine and Elizabeth Metz of Cushman & Wakefield represented the tenant.

April 29, 2026

Development Multifamily Oregon Seniors Housing Western

Bonaventure Senior Living Underway on New Community in Corvallis, Oregon

by Amy Works April 29, 2026

CORVALLIS, ORE. — Bonaventure Senior Living is currently underway on the development of a new community in Corvallis. Scheduled to open in late 2027, the property will feature independent living, assisted living and memory care units. Amenities at the community will include a bistro, golf simulator, fitness center, library, theater room, salon and barber shop, activity and game rooms, courtyards and scheduled transportation services. The community will also include Bonaventure’s Life Stations, which recreate familiar environments for memory care residents. At the Corvallis community, these will include an Artists Life Station, Gardening Life Station, Fishing Life Station, Post Office Life Station and Classic Ice Cream Parlor Station, among others.

April 29, 2026

Acquisitions Arizona Industrial Western

PCA Properties Acquires 31,042 SF Industrial Space in Tucson

by Amy Works April 29, 2026

TUCSON, ARIZ. — PCA Properties LLC has acquired an industrial space, located at 5575 S. Houghton Road in Tucson, from L&M Family Ventures for $4.2 million. The property offers 31,042 square feet of industrial space. Stephen Cohen of Cushman & Wakefield | PICOR represented the seller, while Greg White of SRS Real Estate Partners – West represented the buyer.

April 29, 2026

Acquisitions California Mixed-Use Office Retail Western

Marcus & Millichap Arranges Sale of 12,196 SF Mixed-Use Building in San Diego

by Amy Works April 29, 2026

SAN DIEGO — Marcus & Millichap has arranged the sale of La Mesa Mixed-Use, a mixed-use property in San Diego. Ross Sanchez and Nick Totah of Marcus & Millichap represented the seller and buyer in the deal. Located at 6760 University Ave., the 12,196-square-foot property features 13 suites with a mix of office and retail uses, 28 parking spaces, dual access points and high-visibility frontage. At the time of sale, the building was occupied by service-oriented tenants, including beauty, auto, legal and entertainment uses. The property was built in 1976.

April 29, 2026

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