WAUSAU, WIS. — NAI Pfefferle has brokered the sale of a 33,315-square-foot industrial facility in central Wisconsin’s Wausau. The property is located at 840 S. 66th Ave. The sales price was not disclosed, but the asking price was $2.2 million. TJ Morice of NAI Pfefferle brokered the sale.
MISSION, KAN. — Rally House has relocated to Mission West Shopping Center at 6753 Johnson Drive in the Kansas City suburb of Mission. The estimated opening date is spring 2026. Rally House was previously located at 6858 Johnson Drive. The new 9,473-square-foot store will neighbor Planet Fitness, Dollar Tree and American Honey Salon. The new space represents an expansion of 2,473 square feet. Grant Summers, Paul Massali, Max Kosoglad and David Block of Block & Co. Inc. Realtors represented the landlord. Block & Co. serves as the leasing and property management company for the shopping center.
MIAMI — Walker & Dunlop has provided a $238.4 million Freddie Mac loan for the refinancing of Forma Miami, a 588-unit mixed-use apartment building in the city’s Edgewater neighborhood. The Walker & Dunlop team that originated the financing included Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Dustin Stolly, Sean Reimer, Michael Stepniewski and Michael Ianno. The borrower is local developer Crescent Heights. Specific loan terms were not disclosed. Rockwell Group and Arquitectonica designed Forma Miami to have condo-style interior finishes, along with 85,000 square feet of indoor and outdoor amenity space that includes a 10,000-square-foot fitness pavilion, both lounging and lap pools, a dog lounge, pickleball court, meditation room, sports bar/beer garden, game room and a rooftop terrace with a private bar/lounge. Forma Miami also has an entire floor that functions as a dedicated coworking lounge. Residences at Forma Miami come in studio, one-, two- and three-bedroom and range in size from 485 to 1,980 square feet. Units feature various pieces of smart-home technology, private terraces, floor-to-ceiling windows, quartz countertops, white oak cabinetry and individual washers and dryers. Amenities include a 10,000-square-foot fitness pavilion, both lounging and lap pools, a dog Lounge, pickleball court, meditation room, sports bar/beer garden, game room and a rooftop terrace with a private …
Louisville is a city full of history, charm and grit. We’re the birthplace of Muhammad Ali, home to the Kentucky Derby and the heart of America’s bourbon culture. As our city has grown, so have its business opportunities. Louisville’s geographic location, its logistics network and its diversified economy have attracted significant investment from global businesses to set down roots in recent years. In 2023, Louisville was named as a top 5 U.S. metro for economic development by Site Selection magazine with over $1 billion in capital investment and 2,300 new jobs that year alone. Louisville’s overall commercial real estate market has grown along with the population, but the office market has had a softer rebound following the pandemic than other markets nationally. Office overview In second-quarter 2025, Louisville had over 235,000 square feet of positive office leasing activity that was negated by over 256,000 square feet of negative net absorption, primarily due to large move-outs from office users in the city’s suburban submarkets. Leasing activity in Louisville’s Central Business District (CBD) has rebounded. In the second quarter, the submarket saw over 6,100 square feet of net positive absorption from Class A leasing activity, including the Jefferson County Sheriff’s Office lease …
SAN DIEGO — San Diego-based investment firm Westcore has purchased a portfolio of 12 industrial buildings totaling approximately 1.1 million square feet that are located throughout the Dallas-Fort Worth metroplex. The portfolio, which was 97 percent leased at the time of sale, comprises five properties in Grand Prairie, three in Arlington and four in Dallas. All buildings feature clear heights between 18 and 24 feet. Josh McArtor, Caitlin Clinton and Katie Bostic of Eastdil Secured represented the undisclosed seller in the transaction. Westcore was self-represented. The sales price was also not disclosed.
COLUMBIA, S.C. — Astral Development and Steady Capital have announced plans to develop a 483,106-square-foot mixed-use multifamily property at the intersection of Bull Street and Elmwood Avenue in Columbia. Upon completion, the project will feature 288 apartments and more than 22,000 square feet of retail space. Plans include six end-cap retail spaces, patio seating, pedestrian walkways and garage and street parking. Ahead of construction, Astral will collaborate with local groups to activate portions of eight adjacent properties to bring community engagement to the space. Completion of the project is scheduled for summer 2028. Axoim Architects and Elford Construction will oversee the design and pre-construction efforts, and Crosland Barnes Group and Cushman & Wakefield are handling leasing for the ground-level retail space. The multifamily component of the project will comprise 236 one-bedroom units, 33 two-bedroom units and 19 three-bedroom units. The ground level will include a fitness center, lobby, leasing office and a dedicated space for bike parking.
DALLAS — Los Angeles-based investment firm Stockdale Capital Partners has acquired Amelia at Farmer’s Market, a 297-unit apartment complex in downtown Dallas. Built in 2019, the five-story property is located in the Farmers Market neighborhood and was 94 percent occupied at the time of sale. The property offers studio, one- and two-bedroom units and amenities such as a sky lounge, infinity-edge pool, wine lounge, community library and a fitness center. Greystar has been brought in as property manager. The seller and sales price were not disclosed.
OCALA, FLA. — Catalyst Development Partners has completed The Darley, a 288-unit luxury apartment community located within the Heath Brook master-planned development in Ocala, roughly 35 miles southeast of Gainesville. Spanning seven buildings, The Darley offers one-, two- and three-bedroom floorplans ranging in size from 701 square feet to 1,347 square feet. Amenities at the complex include a freestanding clubhouse, 24-hour fitness center and coworking spaces. Residents also have access to additional outdoor amenities including a resort-style swimming pool, grill stations, pub-style dining areas, semi-private cabanas with garden daybeds, an entertainment pavilion, pickleball court, dog wash station and dog park. Electric vehicle charging stations are also available throughout the community. The property was more than 50 percent preleased upon completion of the development.
WEST PALM BEACH, FLA. — Newmark has arranged the $70 million sale of Visions of Willow Pond, a 300-unit, garden-style multifamily community located in West Palm Beach. Tal Frydman and Hampton Beebe of Newmark represented the seller, Bar Investment Group, in the transaction. Jim Badolato, Mike McKee and Kippy Donovan, also with Newmark, secured a $50 million Freddie Mac loan to finance the purchase of the property on behalf of the buyer, Morgan Properties. The buyer plans to implement a capital improvement program at the property to enhance community amenities and upgrade units. Situated at 4860 Sand Stone Lane, Visions at Willow Pond totals 17 buildings and features one- and two-bedroom floorplans ranging in size from 521 square feet to 1,064 square feet, according to Apartments.com. Amenities at the property include a resort-style swimming pool, sundeck, 24-hour fitness center, tennis court, playground and clubhouse lounge.
PLANO, TEXAS — Kintetsu Group Holdings Co. has begun construction on a 217-room hotel in Plano, located northeast of Dallas, that will be operated under the Japanese conglomerate’s Miyako Hotels & Resorts brand. Designed by Gensler with interiors by Looney & Associates, the Miyako Hybrid Hotel Plano will be a 12-story building that will house a traditional Japanese restaurant, lobby bar, Japanese bakery, banquet and meeting space and a rooftop bar and outdoor pool. The Beck Group is the general contractor for the project, which is expected to be complete in fall 2027.