THE VILLAGES, FLA. — Benderson Development, in a collaboration with The Villages, has announced plans to develop Legacy Place, a 700-acre mixed-use development in Central Florida. The project will be situated along three miles of Florida’s Turnpike near County Road 470 and Central Parkway and serve as the southern gateway to The Villages master-planned community. A new 25-acre hospital operated by Florida-based AdventHealth will anchor Legacy Place, serving communities across Sumter, Lake and Marion counties, including residents within The Villages. Construction on the 80-bed hospital, which will have emergency and surgical services, is expected to begin in 2027, with an opening projected in 2030. The Wildwood–The Villages metropolitan area has been among the fastest-growing in the country, with population rising by nearly 20 percent over the past four years. “This region is growing quickly, and that kind of growth brings both opportunity and responsibility,” says Rob Deininger, CEO of AdventHealth’s East Florida division. “We’re planning for what families will need not just today, but years from now, making sure the medical infrastructure keeps pace. This will strengthen how people receive care across the region, helping connect care and reduce the need for travel.” At full build-out, Legacy Place will feature 3 …
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Baltimore’s industrial market entered the first quarter of 2026 in what some are describing as a correctional rather than a contractional phase, with CoStar Group recently characterizing the market as undergoing a “sharp correction” driven by rising vacancy, elevated supply and slower leasing activity. Vacancy reports vary but the rate is hovering at approximately 9.7 percent as leasing teams worked to absorb approximately 3.2 million square feet of new deliveries over the past 12 months. Trailing absorption is negative at approximately 2.4 million square feet, reflecting a slowdown rather than a disappearance of demand, according to CoStar. New development pipelines remain active at 2.1 million square feet and new starts are moderating, signaling that developers are adjusting to conditions. In recent years, a series of events in Baltimore City made headlines and positioned the region in the worst possible way, and “Charm City” remains misunderstood in the minds of outsiders through the lens of these news articles. But, earlier this year, a substantial influx of institutional capital turned heads when making a decisive bet on the greater metropolitan area. A joint venture between Camber Real Estate Partners and PGIM Real Estate acquired a seven-building infill industrial portfolio at a 5.75 …
SAN MARCOS, TEXAS — Charleston, S.C.-based Woodfield Development has begun leasing Strait & Nelson, a 360-unit apartment community in San Marcos, located roughly midway between Austin and San Antonio. Strait & Nelson offers one-, two-, and three-bedroom units that range in size from 719 to 1,387 square feet. Residences feature stainless steel appliances, quartz countertops and wood-style vinyl flooring. Amenities include a pool, clubroom with an entertainment kitchen, fitness center with dedicated yoga space, coworking lounge with private offices and conference rooms, pickleball and sand volleyball courts, a gaming lounge, private dining room and two dog parks. Dwell Design Studio was the project architect, and ChalkLine General Contractors handled construction. Rents start at roughly $1,300 per month for a one-bedroom apartment.
HOUSTON — JLL has negotiated the sale of 5300 Memorial Drive, a 153,671-square-foot office building in West Houston. The building was most recently renovated in 2019 and was 90 percent leased at the time of sale. Marty Hogan and Kevin McConn of JLL represented the seller, an affiliate of Equus Capital Partners, in the transaction and procured the buyer, CAMCO Investment Group. John Ream, also with JLL, arranged an undisclosed amount of acquisition financing for the deal through Cornerstone Capital Bank.
SAN ANTONIO — Atlanta-based hospitality brokerage firm Hunter Advisors has arranged the sale of the 141-room Aloft San Antonio Airport Hotel. The Marriott-branded, select-service hotel was built in 2009 and offers amenities such as a pool, business center, fitness center, conference facilities and airport shuttle service. The buyer was an entity doing business as Armada Investments LP, and the seller was undisclosed. Kami Burnette and Mason McDavid of Hunter Advisors brokered the deal.
ARLINGTON, TEXAS — Hightech Grafix has signed an industrial lease expansion and extension in Arlington. The provider of screen printing services now occupies 18,000 square feet within North Commercial Industrial Park, a newly renovated development. Jeff Jackson of NAI Robert Lynn represented the tenant in the lease negotiations. Todd Lambeth and Cade Navarro of Bradford Commercial Real Estate Services represented the undisclosed landlord.
WHITE PLAINS, N.Y. — TKF Burnside Real Estate Partners has purchased a 400,000-square-foot office building in White Plains, located north of New York City. The building at 360 Hamilton Ave. is located in the downtown area and is home to tenants such as Merrill Lynch, Heineken USA, Bank of America and Skadden, Arps, Slate, Meagher & Flom LLP. Kevin Welsh and Charles Han of Newmark represented the undisclosed seller in the transaction. The buyer, which plans to implement capital improvements, was self-represented.
LEOMINSTER, MASS. — Marcus & Millichap has brokered the $4 million sale of a 62,259-square-foot industrial building in Leominster, about 50 miles west of Boston. The building at 44 Mead St. features clear heights of 14 to 16 feet, eight loading docks and two grade-level doors. Harrison Klein of Marcus & Millichap represented the undisclosed seller in the deal. Nate Nickerson of Fieldstone Commercial represented the buyer, The Lexvest Group.
ELMWOOD PARK, N.J. — Keyence Corp., a provider of automated factory equipment, has signed a 20,000-square-foot office lease renewal in the Northern New Jersey community of Elmwood Park. The space is located within the building at 669 River Drive, which according to LoopNet Inc. was constructed in 1984 and totals 83,620 square feet. Mike Nicholson of Acclaim Realty represented Keyence in the lease negotiations. Accordia owns the building.
Frampton Completes First Phase of 1.5 MSF Race Track Logistics Pompano Industrial Park in South Florida
by Abby Cox
POMPANO BEACH, FLA. — Frampton Construction has completed the first phase of Race Track Logistics Pompano, a 1.5 million-square-foot industrial development underway in Pompano Beach. Developed by Boston-based Rockpoint Group and designed by Ware Malcomb, Phase I of the project included the vertical construction of four buildings totaling 620,738 square feet. The 87-acre site is situated within the master plan of The Pomp, a $2 billion, 223-acre mixed-use campus that is anchored by the Harrah’s Pompano Beach Casino, Topgolf. Race Track Logistics Pompano features two-story glass storefronts, specialized exterior design elements, expansive landscaping and a TPO roofing system. The LEED-certified project, which is now welcoming its first tenants, offers a mix of custom spaces and speculative office suites that support a range of logistics and distribution users. CBRE is handling leasing for the development.