Property Type

Partnership Receives $213M in Financing for Brooklyn Mixed-Use Project

by Taylor Williams December 15, 2025

NEW YORK CITY — A partnership between national development firm Landau Properties, Third Millennium Group and Midtown Equities has received $213 million in financing for a mixed-use project in Brooklyn that represents Phase I of a larger, $500 million development. The predevelopment financing consists of a $113 million senior loan from Northwind Group and $100 million in equity (including $25 million in preferred equity) from Atlas Capital Group. Acting on behalf of the partnership, Raffi Landau of Estreich & Co. arranged the debt component, while Aaron Jungreis of Rosewood Realty Group secured the equity investment. “This financing milestone marks a major step forward for our team and underscores our long-term commitment to delivering design-driven, landmark properties in the country’s most competitive markets,” says Jonathan Landau, founder and CEO of Landau Properties. The development site at 205 Montague St. is located within the borough’s Brooklyn Heights neighborhood. Plans currently call for 46 condo residences, 90 rental residences and 40,000 square feet of retail and restaurant space. Demolitions and preliminary construction work are expected to begin early next year. — Taylor Williams

December 15, 2025

Development Mixed-Use Texas

Trademark to Develop 150-Acre Mixed-Use Project in Celina, Texas

by Taylor Williams December 12, 2025

CELINA, TEXAS — Fort Worth-based owner-operator Trademark will develop Shawnee Trail, a 150-acre mixed-use, master-planned project that will be located at the corner of Preston Road and the Collin County Outer Loop on the northern outskirts of the metroplex. Shawnee Trail will feature a retail component that could span as much as 500,000 square feet and will be anchored by a Walmart Supercenter. Additional uses are still being determined. Trademark will develop Shawnee Trail in partnership with family holding company Glendenning 1887 and the Celina Economic Development Corp.

December 12, 2025

Development Loans Office Texas

Bayview PACE Provides $15.6M in C-PACE Financing for Office Project in Bryan, Texas

by Taylor Williams December 12, 2025

BRYAN, TEXAS — Bayview PACE has provided $15.6 million in C-PACE financing for The Lumin, a 103,000-square-foot office project that is under construction in the Central Texas city of Bryan. The building, which is being constructed on a speculative basis, will be located within the 350-acre Lake Walk master-planned development and will include ground-floor retail space and an onsite parking garage. The borrower is Bryan-based William Cole Cos. Vaughn Construction is the general contractor for The Lumin, which is expected to be complete in spring 2027.

December 12, 2025

Acquisitions Industrial Self-Storage Texas

Marcus & Millichap Negotiates Sale of 396-Unit Storage Facility in Amarillo

by Taylor Williams December 12, 2025

AMARILLO, TEXAS — Marcus & Millichap has negotiated the sale of I-40 Storage, a 396-unit storage facility in Amarillo. Built in 2003 on 11.5 acres, roughly 1.9 of which are undeveloped, the facility spans 199,905 net rentable square feet across 353 covered parking spaces, eight enclosed spaces, 10 open parking spaces and 25 self-storage units. Mixson Staffel, Dave Knobler and Charles LeClaire of Marcus & Millichap represented the undisclosed seller in the transaction. The Michigan-based buyer also requested anonymity.

December 12, 2025

Acquisitions Florida Office Southeast

Joint Venture Purchases 13-Story Office Tower in Tampa’s Westshore Neighborhood

by Abby Cox December 12, 2025

TAMPA, FLA. — A joint venture between Enverra Real Estate Partners and a New York City-based family office has acquired 1 North Dale Mabry, a 13-story, 260,000-square-foot office tower in the Westshore submarket of Tampa. The seller and sales price were not disclosed, but Business Observer Florida reports that Bridge Investment sold the property in a short-sale for $40 million, roughly five years after acquiring the property for $56.5 million. The office property offers floor-to-ceiling windows, a fitness center, conference facility and a renovated lobby. Additionally, 1 North Dale Mabry is home to various tenants such as Travelers Insurance, Marsh & McLennan Agency, Rissman Law Firm, Ideal Image and PCL Construction. Atlanta-based Enverra plans to invest $4 million to elevate the property with a coffee bar, landscaped outdoor terrace and upgrades to the current fitness center, conference facilities and other common areas.

December 12, 2025

Acquisitions Multifamily Texas

Continental Realty Group Acquires 232-Unit Apartment Complex in Southeast Austin

by Taylor Williams December 12, 2025

AUSTIN, TEXAS — Continental Realty Group, a Denver-based multifamily owner-operator, has acquired Wildcreek Apartments, a 232-unit multifamily complex in southeast Austin. Built in 1984, Wildcreek features one- and two-bedroom units and amenities such as a clubhouse and leasing center, two pools, a dog park and a basketball court. The new ownership plans to upgrade unit interiors, building exteriors and common areas. Ryan McBride, Robert Wooten and Robert Arzola of JLL represented the seller in the transaction.

December 12, 2025

Acquisitions Multifamily North Carolina Southeast

LaRock Capital Partners Buys 101-Unit Apartment Community in Hickory, North Carolina

by Abby Cox December 12, 2025

HICKORY, N.C. — Ashburn, Va.-based LaRock Capital Partners has acquired 29 North Apartments, a 101-unit community located in Hickory, about 58 miles north of Charlotte. Delivered in 2013, the complex offers one-, two- and three-bedroom floorplans, ranging in size from 715 to 1,308 square feet, according to Apartments.com. Amenities include a resort-style swimming pool, fitness center, clubhouse with coworking spaces and a pet park. LaRock Capital has selected Greensboro, N.C.-based Burkely Communities to serve as the new property manager at 29 North. William Lawson of BWE originated acquisition financing on behalf of LaRock Capital. The seller and sales price were not disclosed.

December 12, 2025

Acquisitions Hospitality Southeast Tennessee

Bradford Allen Acquires 193-Room TownePlace Suites Hotel in Nashville

by Abby Cox December 12, 2025

NASHVILLE, TENN. — Bradford Allen has acquired TownePlace Suites Nashville Midtown, a 193-room hotel located near Vanderbilt University in Nashville’s Midtown neighborhood. Opened in 2021, the 10-story hotel features a fitness center, onsite parking, meeting space and a rooftop lounge with grilling stations. The hotel’s studio guest suites also offer full kitchens and oversized living, work and sleep areas. Additionally, a convenience store and the hotel’s 60-seat restaurant and bar are located adjacent to the fifth-floor sky lobby. The first floor also includes two retail spaces, which are leased to Subway and Takumi, a Japanese restaurant scheduled to open in first-quarter 2026. Ron Danko and James Maher of CBRE represented the seller, 3H Group, in the transaction. The sales price was not disclosed.

December 12, 2025

Development Florida Retail Southeast

St. Joe Co. to Develop Publix at Watersound West Bay Center in Panama City Beach, Florida

by Abby Cox December 12, 2025

PANAMA CITY BEACH, FLA. — The St. Joe Co. will develop a new Publix grocery store at Watersound West Bay Center, a lifestyle shopping center under construction in Panama City Beach. The new Publix is expected to comprise 50,000 square feet and will feature a pharmacy, deli and bakery, as well as an adjacent Publix Liquors store. Plans will also include an additional 11,000 square feet of inline retail space. Upon completion, Watersound West Bay Center will serve the neighboring Latitude Margaritaville Watersound community, which will have a total of 3,500 homes in Phase I. The shopping center will total 500,000 square feet of retail, dining and commercial space in an open-air layout. St. Joe Co. is nearing completion on an 18,000-square-foot, standalone retail building within Watersound West Bay Center that will have spaces available for lease in early 2026.

December 12, 2025

Acquisitions Georgia Retail South Carolina Southeast

SRS Real Estate Negotiates Sales of Two Retail Properties in Georgia, South Carolina Totaling $7.6M

by Abby Cox December 12, 2025

CARROLLTON, GA. AND UNION, S.C. — SRS Real Estate Partners has negotiated the sales of two single-tenant retail properties in Georgia and South Carolina totaling $7.6 million. The properties include a property in Carrollton leased to Parachute Plasma and a drive-thru restaurant in Union occupied by Arby’s. Britt Raymond and Kyle Fant of SRS represented the 1031 exchange buyer, a New York City-based private investor, in the transaction. The seller was not disclosed. The first property, Parachute Plasma, sold for $5.5 million and totals 7,613 square feet of retail and medical office space. Built in 2024, Parachute Plasma operates on a new 20-year triple-net lease. The second property, a 2,364-square-foot Arby’s restaurant, was built in 2021 and was sold for roughly $2.1 million. Arby’s has approximately 16 years remaining on its absolute triple-net lease.

December 12, 2025

Newer Posts

Older Posts