Property Type

Amazon Plans to Open First-of-its-Kind Retail Store in Metro Chicago Totaling 230,000 SF

by Kristin Harlow January 21, 2026

ORLAND PARK, ILL. — Amazon (NASDAQ: AMZN) has unveiled plans to open a first-of-its-kind retail store in the southern Chicago suburb of Orland Park. The planned brick-and-mortar store will occupy the long-vacant site of the former Petey’s II restaurant at the southwest corner of 159th Street and LaGrange Road. The Orland Park Village Board approved the project at its Jan. 19 meeting. Amazon’s plans call for a one-story building of approximately 230,000 square feet that will offer groceries, household essentials and general merchandise. The store would function similarly to a large-format retailer such as a Walmart Supercenter. The commercial retail store would be open to the public and is not a warehouse or distribution center. Both the Orland Park Plan Commission and the Board of Trustees have reviewed and approved the plan. The village is not providing any financial incentives to Amazon as part of this project. “When a global retailer of this scale considers investment in Orland Park, it sends a strong signal about the vitality of our community and the strategic importance of this corridor,” says Orland Park Mayor Jim Dodge. According to a release, Amazon’s proposed multimillion-dollar investment in Orland Park would generate millions in sales and …

January 21, 2026

Development Industrial Leasing Activity North Carolina Southeast

Blackstone to Invest $475M for Automated Distribution Center in North Carolina’s Triad

by John Nelson January 20, 2026

BURLINGTON, N.C. — Funds managed by Blackstone Credit & Insurance will invest $475 million to construct a highly automated grocery distribution center in Burlington, a city in North Carolina’s Triad region near Greensboro. The Blackstone affiliate purchased the 196-acre site for $46 million, according to Triad Business Journal. The company leased the site to Ahold Delhaize USA, the U.S. arm of global grocer Ahold Delhaize that operates the Food Lion, Giant Food and Stop & Shop grocery chains. Under the triple-net lease agreement, Blackstone Credit & Insurance will own the facility and fund 100 percent of the construction costs, while Ahold Delhaize USA will occupy the facility for the long-term with an option to purchase the site in the future. Construction of the new facility is expected to begin in the first quarter , with plans for the distribution center to be fully operational by 2029 and employ over 500 Ahold Delhaize associates.

January 20, 2026

Twin-Sixties-Drive-Worcola-Street-Dallas

Development Multifamily Texas

High Street Residential Breaks Ground on 394-Unit Multifamily Project in Dallas

by Taylor Williams January 20, 2026

DALLAS — High Street Residential, a subsidiary of Trammell Crow Co., has broken ground on a 394-unit multifamily project in the Highland Park area of Dallas. The project, which has yet to be formally named, is part of a multi-phase conversion of approximately 16 acres of surface parking owned by Dallas Area Rapid Transit (DART). The seven-story building will feature studio, one- and two-bedroom units. Amenities will include a pool, fire pits and grilling stations, a clubroom, fitness center, coworking spaces, dog park and access to the University Crossing hike-and-bike trail system. GFF is the project architect, and Andres Construction is the general contractor. Santander Bank is financing construction, which is slated for a late-2027 completion.

January 20, 2026

Acquisitions Industrial Texas

Colliers Brokers Sale of 55,900 SF Warehouse in North Houston

by Taylor Williams January 20, 2026

HOUSTON — Colliers has brokered the sale of Humble Commerce Center Building 2, a 55,900-square-foot warehouse located at 17520 Eastex Freeway Road in North Houston. According to LoopNet Inc., the building was constructed on a 2.5-acre site in 2024 and offers 32-foot clear heights, eight dock-high doors and one grade-level door. Robert McGee, Taylor Schmidt and Austin Bartula of Colliers represented the seller, an entity doing business as Urban Eastex LP, in the transaction. Sinem Arikan and Barkley Peschel, also with Colliers, represented the buyer, ELLAXA.

January 20, 2026

Alabama Loans Multifamily North Carolina Southeast

Dwight Mortgage Trust Provides $88.4M in Loans for Three Southeast Multifamily Assets

by John Nelson January 20, 2026

TUSCALOOSA, ALA. AND FAYETTEVILLE, N.C. — Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, has closed two loans totaling $88.4 million for the refinancing of three apartment communities in the Southeast. The properties include Mosaic Apartments, a 456-unit community in Tuscaloosa, and two complexes in Fayetteville totaling 312 units: Britt Lake and Woodland Village. Moshe Feiner of Sevenstone Capital worked along with Andrew Tichy of Dwight Mortgage Trust to arrange the five-year, fixed-rate loans on behalf of the borrowers, private high-net-worth investors that used the loan proceeds to refinance existing debt, cover transaction costs and fund interest reserves.

January 20, 2026

Acquisitions Industrial Texas

Finial Group Arranges Sale of 51,892 SF Industrial Complex in Northwest Houston

by Taylor Williams January 20, 2026

HOUSTON — Locally based brokerage and investment firm Finial Group has arranged the sale of a 51,892-square-foot industrial complex in northwest Houston. According to LoopNet Inc., the multi-building property at 12539 Perry Road was built on 4.7 acres in 1998 and features 31-foot clear heights. Andrew Bischoff and Tyler Holt of Finial Group represented the undisclosed buyer in the transaction. The seller and sales price were also not disclosed.

January 20, 2026

Leasing Activity Office Texas

Porch Warranty Signs 11,569 SF Office Lease at Assembly Park in Plano, Texas

by Taylor Williams January 20, 2026

PLANO, TEXAS — Porch Warranty has signed an 11,569-square-foot office lease in Plano. The provider of home protection services is taking space within Assembly Park, a 180,000-square-foot property that is a redevelopment of the former Market Square Mall. Shannon Brown, Julee Amparo and Tommy Nelson of CBRE represented the landlord, Houston-based Triten Real Estate Partners, in the lease negotiations. Clay Vaughn and Olivia McNeel of Savills represented the tenant.

January 20, 2026

Acquisitions Florida Industrial Southeast

CIP Real Estate Acquires Industrial Park Adjacent to Jacksonville Airport for $51.6M

by John Nelson January 20, 2026

JACKSONVILLE, FLA. — CIP Real Estate, a real estate investment firm based in Irvine, Calif., has purchased JAX Airport Logistics Center, a newly built, two-property industrial park adjacent to Jacksonville International Airport. Pan American Co. sold the 30.2-acre property to CIP for $51.6 million. Colliers brokered the sale, and CIP obtained a $35.6 million bridge loan for the acquisition. Located at 14825 International Airport Blvd., the 425,000-square-foot industrial park was delivered in December 2025. JAX Airport Logistics features four speculative office suites, dock packages and ramps, trailer parking, 250-foot building depths, 32-foot clear heights and Class A logistics space divisible to unit sizes ranging from 25,000 to 225,000 square feet. CIP has selected Guy Preston, Seda Preston and John Cole of Colliers to handle the leasing assignment at JAX Airport Logistics Center.

January 20, 2026

Acquisitions North Carolina Southeast Student Housing

JLL Arranges Sale of 376-Bed Student Housing Community Near North Carolina State University

by John Nelson January 20, 2026

RALEIGH, N.C. — JLL has arranged the sale of Live on Hillsborough, a 376-bed student housing community located near the North Carolina State University (NC State) campus in Raleigh. Teddy Leatherman, Scott Clifton, Kevin Kazlow and Alex Nordlinger of JLL represented the sellers, TPG Angelo Gordon and Horizon Realty Advisors, in the disposition. The buyer and terms of the transaction were not released. Built between 2013 and 2019, the community offers 203 fully furnished units in studio, one-, two- and three-bedroom configurations. Shared amenities include a 24-hour fitness center, coffee bar, resort-style pool, outdoor lounge spaces and barbecue grills.

January 20, 2026

Development Multifamily New Jersey Northeast Student Housing

Hawkins Way Capital Underway on Student Housing Renovation, Expansion Project in Newark

by Taylor Williams January 20, 2026

NEWARK, N.J. — Hawkins Way Capital, a California-based private equity firm, is underway on a student housing renovation and expansion project in Newark. The project involves transforming University Centre, a 521-bed complex that serves students at Rutgers University-Newark, the New Jersey Institute of Technology and Seton Hall University, to be able to accommodate 800 occupants as opposed to the current capacity of 690 students. Construction, inclusive of upgrades to 96 apartments and various common spaces, began last year on University Centre’s 13-story tower and five-story housing block while the complex was partially occupied. Work on remaining units is expected to be complete this summer. BDB Construction Enterprise is the construction manager and general contractor for the project.

January 20, 2026

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