Property Type

Penzance Receives Approval for 970,000 SF Mixed-Use Development in Arlington, Virginia

by Abby Cox July 25, 2025

ARLINGTON, VA. — Penzance, a locally based commercial real estate development and management firm, has received approval from Arlington County for a proposed three-tower, luxury mixed-use development in Arlington’s Rosslyn district. Dubbed One Rosslyn, the new development will deliver more than 970,000 square feet of rental apartments, for-sale residential condominiums and retail space along Gateway Park, which will replace the current Rosslyn Gateway office buildings. Upon completion, One Rosslyn will deliver a total of 845 residential units. Penzance is developing the project in partnership with Boston-based investment manager The Baupost Group. STUDIOS Architecture and Hickok Cole collaborated to design the three-tower composition. One Rosslyn’s south tower will stand the tallest at 300 feet, while delivering 461 residences across 434,000 square feet. The northwest apartment tower, which is the second tallest building, will span 356,000 square feet and include 311 rental units. Lastly, the project’s northeast tower will offer 73 for-sale condominiums across 195,000 square feet. Residents will also have access to a private, 30,000-square-foot landscaped terrace overlooking Gateway Park. Additionally, the ground level will provide more than 14,000 square feet of curated retail space along all four blocks of the property. Designed to enhance walkability and encourage multimodal transportation, public spaces …

July 25, 2025

Bohler Content Partner Development Features Midwest Multifamily Northeast Seniors Housing Southeast Texas Western

Innovative Design Can Promote Positive Outcomes for Continuum of Care Residents

by Sarah Daniels July 25, 2025

As the demand for senior living communities continues to rise, so does the complexity of designing environments that meet the evolving needs of residents across the entire continuum of care. Facilities that seek to cater to independent living, assisted living, memory care, skilled nursing and rehabilitation needs must strike a balance: fulfilling stringent functional and regulatory requirements while remaining inviting, promoting connection to nature and others and offering comfort for people of all ages and abilities. The biggest challenge, according to designers and seniors housing experts alike, is “seamlessly weaving protective elements, like perimeter security or grade changes, into a design that feels warm and inclusive, not institutional,” explains Adam Alexander, director of planning, landscape architecture and design at Bohler, a land development design and consulting firm. “Features like fences or bollards don’t need to be emphasized as one-note safety features. They should be invisible contributors to a resident’s experience of comfort and care.” An overall trend toward smaller sites for seniors housing means that continuum of care communities are innovators in inclusive and multi-purpose space use. They may also serve to address increasing calls for solutions to the loneliness epidemic ongoing in the lives of many adults. While less square …

July 25, 2025

Development Multifamily Texas

Hunt Development Begins Leasing 384-Unit Caroline Eastside Apartments in Metro Dallas

by Taylor Williams July 24, 2025

RICHARDSON, TEXAS — Hunt Development Group has begun leasing Caroline Eastside, a 384-unit apartment community located in the northeastern Dallas suburb of Richardson. Caroline Eastside features studio, one-, two- and three-bedroom apartments with an average size of 812 square feet. Amenities include a two-level fitness center with a yoga room; resort-style pool with an indoor pool house; a game lawn; coworking spaces; a dog park with washing facilities; a rooftop deck with a coffee bar; and access to walking trails and open green spaces. Rents start at approximately $1,500 per month for a studio apartment.

July 24, 2025

Loans Multifamily Texas

Nuveen Green, Lone Star PACE Provide $9M in C-PACE Financing for Dallas Apartment Complex

by Taylor Williams July 24, 2025

DALLAS — Nuveen Green Capital and Lone Star PACE have provided $9 million in C-PACE financing for Cityscape Star Apartments, a 116-unit multifamily complex in the Cedars neighborhood of Dallas. The newly constructed building offers one- and two-bedroom units and amenities such as a fitness center, business center, dog run and a rooftop lounge. The name of the borrower was not disclosed. C-PACE allows property owners to access low-cost, long-term financing for energy and water conservation systems at commercial buildings.

July 24, 2025

Acquisitions Office Texas

JLL Negotiates Sale of 106,310 SF Office Building in West Houston

by Taylor Williams July 24, 2025

HOUSTON — JLL has negotiated the sale of Woodlake Plaza, a 106,310-square-foot office building located at 2600 S.Gessner Road in the Westchase area of West Houston. The six-story building was originally constructed on a 3.5-acre site in 1974 and includes a break room and a conference room, as well as parking for 292 vehicles. Marty Hogan led the JLL team that represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

July 24, 2025

Loans Retail Texas

Avatar Financial Funds $3.1M Bridge Loan for Dallas Gas Station, Convenience Store

by Taylor Williams July 24, 2025

DALLAS — Seattle-based lender Avatar Financial Group has funded a $3.1 million bridge loan for a Texaco-branded gas station and convenience store located at 3924 W. Red Bird Lane in southwest Dallas. The loan carries a two-year term, an 11.5 percent initial interest rate and a 65 percent loan-to-value ratio. The undisclosed sponsor will use proceeds to leverage equity from the asset in order to purchase another service station. The borrower plans to refinance Avatar’s loan once the new site is stabilized and producing income.

July 24, 2025

Acquisitions Industrial Texas

Alterra Acquires Industrial Outdoor Storage Facility in Northeast Houston

by Taylor Williams July 24, 2025

HOUSTON — Philadelphia-based investment firm Alterra IOS has acquired an industrial outdoor storage facility in northeast Houston. The 2.9-acre facility at 7470 Miller Road 2 features 20,980 square feet of warehouse space and was originally built in 2002, according to LoopNet Inc. Jack Zalta of KSR NY brokered the deal. The seller and sales price were not disclosed.

July 24, 2025

Crossroads-95-Logistics-Center-Newark-Delaware

Delaware Development Industrial Northeast

Logistics Property Co. to Develop 442,530 SF Industrial Project in Newark, Delaware

by Taylor Williams July 24, 2025

NEWARK, DEL. — Chicago-based Logistics Property Co. will develop Crossroads 95 Logistics Center, a 442,350-square-foot industrial project in Newark. The 43-acre site offers proximity to the Delaware Memorial Bridge and the Port of Wilmington, as well as 1,000 feet of frontage along I-95, and the building will feature a clear height of 36 feet and ample car and trailer parking. Construction is scheduled to begin in the coming weeks and to be complete in the third quarter of 2026. John Plower, Ryan Cottone, Zach Maguire and Jordan Schwartz of JLL brokered the sale of the land.

July 24, 2025

Acquisitions California Industrial Western

BKM Capital, Kayne Anderson Buy 16-Building Bay Area Industrial Portfolio

by Amy Works July 24, 2025

CONCORD AND HAYWARD, CALIF. — BKM Capital Partners and Kayne Anderson Real Estate, the real estate investment arm of Kayne Anderson, have acquired a three-property industrial portfolio in the San Francisco Bay Area. Details of the transaction were not released. CBRE National Partners handled the transaction. Totaling approximately 505,000 square feet across 16 buildings and 94 units, the portfolio consists of institutional quality, light industrial space situated on 34 acres of infill land with access to regional transportation. At the time of sale, the portfolio was 89 percent leased to more than 70 tenants, with unit sizes averaging just over 5,300 square feet. The portfolio includes the 10-building, 245,930-square-foot Concord Industrial Park in Concord as well as the three-building, 176,056-square-foot Huntwood Business Center and the three-building, 82,562-square-foot Hesperian Business Park in Hayward. The Concord asset will be renamed Mount Diablo Industrial Park as part of BKM’s broader repositioning plan.

July 24, 2025

Loans Multifamily Washington Western

Pillar Recapitalizes 229-Unit Multifamily Property in Burien, Washington

by Amy Works July 24, 2025

BURIEN, WASH. — Pillar Properties has completed the recapitalization of The Maverick, an apartment community in Burien, by bringing in Stockbridge Capital Group as a joint venture equity partner. Eli Hanacek, Kyle Yamamoto, Mark Washington and Natalie Kasper of CBRE represented Pillar Properties in the transaction. Located at 15045 5th Ave. SW, The Maverick offers 229 studio, one- and two-bedroom units. Built in 2017, the property includes a movie theater; two-story, 24-hour fitness center; a yoga center; and a resident club lounge.

July 24, 2025

Newer Posts

Older Posts