Property Type

Manhattan Construction Breaks Ground on 211,000 SF Academic Project at Texas A&M University

by Taylor Williams October 17, 2025

COLLEGE STATION, TEXAS — General contractor Manhattan Construction Co. has broken ground on a 211,000-square-foot academic project on the campus of Texas A&M University in College Station. The Aplin Center, named after Arch “Beaver” Aplin III, the founder of truck stop and convenience store chain Buc-ees, will house immersive learning labs for students enrolled in the College of Agriculture and Life Sciences and the Mays Business School. DLR Group and Pickard-Chilton co-designed The Aplin Center, which is expected to open in 2028.

October 17, 2025

Acquisitions Retail Texas

JLL Negotiates Sale of 95,032 SF Shopping Center in Southwest Houston

by Taylor Williams October 17, 2025

HOUSTON — JLL has negotiated the sale of Sugar Park Plaza, a 95,032-square-foot shopping center in southwest Houston. The center consists of one inline retail building and three pad sites and was fully leased at the time of sale. Tenants include Marshalls (anchor), Aga’s Restaurant & Catering, Skechers, Chase Bank and Magnum Staffing. John Indelli and Ryan West of JLL represented the undisclosed seller in the off-market transaction. Michael King and Michael Johnson, also with JLL, arranged acquisition financing on behalf of the buyer, Dhanani Private Equity Group.

October 17, 2025

Affordable Housing Development Multifamily New York Northeast

Partnership to Undertake $272.6M Affordable Housing Renovation Project in East Harlem

by Taylor Williams October 17, 2025

NEW YORK CITY — A partnership between two nonprofit organizations, The Community Builders and Ascendant Neighborhood Development, along with the New York City Housing Authority (NYCHA), will undertake a $272.6 million affordable housing renovation project in East Harlem. The project will rehabilitate 523 apartments that are housed across four buildings within two complexes — Metro North Plaza and Gaylord White Houses — and which are home to about 800 residents. The project will preserve the affordability of the units and will also enhance shared indoor spaces, common outdoor areas grounds and building infrastructural systems. Specifically, façades will be repaired; roofs will be repaired or replaced; new windows will be installed; and elevators will be overhauled. Financing for the project stems from the NYCHA Permanent Affordability Commitment Together (PACT). Wavecrest Management will handle day-to-day property management at the developments.

October 17, 2025

Broadcast-District-at-Spring-Township-Wyomissing-Pennsylvania

Development Mixed-Use Northeast Pennsylvania

SJC, Concordia to Develop Mixed-Use Project in Wyomissing, Pennsylvania

by Taylor Williams October 17, 2025

WYOMISSING, PA. — A partnership between Atlanta-based SJC Ventures and Washington, D.C.-based Concordia Group will develop Broadcast District at Spring Township, a mixed-use project in Wyomissing, a suburb of Reading. The development will feature 441 residential townhomes and single-family homes by Lennar and 341 apartments by SJC, as well as a 120,000-square-foot retail center that will be anchored by a 35,000-square-foot Whole Foods Market. Other retailers that have committed to the project include MyEyeDr., Sephora, Nothing Bundt Cakes, European Wax Center, Shake Shack, First Watch and BJ’s Restaurant & Brewhouse. Construction is scheduled to begin early next year.

October 17, 2025

Connecticut Development Multifamily Northeast

High Street Residential Breaks Ground on 175-Unit Multifamily Project in Darien

by Taylor Williams October 17, 2025

DARIEN, CONN. — High Street Residential, a subsidiary of Trammell Crow Co., has broken ground on Thorndal Circle, a 175-unit multifamily project in Darien, located in southern coastal Connecticut. The five-building complex will be situated on an 11-acre site and will house studio, one- and two-bedroom units. Amenities will include a pool, clubhouse, coworking lounge, fitness center, spa and wellness area, golf simulator and a demonstration kitchen. Construction is scheduled for a mid-2027 completion.

October 17, 2025

Leasing Activity New York Northeast Office

Nagarro Signs 41,854 SF Office Lease at 195 Broadway in Lower Manhattan

by Taylor Williams October 17, 2025

NEW YORK CITY — Nagarro has signed a 41,854-square-foot office lease at 195 Broadway in Lower Manhattan. The provider of data and digital engineering services first subleased the entire 25th floor of the 1.1 million-square-foot building last November and has now entered into an eight-year direct lease. Sinclair Li, Peter Shikar and Connor DeSimone of CBRE represented the tenant in the lease negotiations. Jonathan Tootell, Tanya Grimaldo and Giannina Brancato represented the landlord, L&L Holding, on an internal basis.

October 17, 2025

Leasing Activity New Jersey Northeast Retail

Iron Culture Gym Opens 26,000 SF Flagship Facility in West Orange, New Jersey

by Taylor Williams October 17, 2025

WEST ORANGE, N.J. — Fitness operator Iron Culture Gym has opened a 26,000-square-foot flagship facility in West Orange, about 20 miles west of Manhattan. The space formerly housed a 1950s-era bowling alley known as Eagle Rock Lanes. Titan Construction Management served as the general contractor for the adaptive reuse project. New Jersey-based Sym Heller Development & Management owns the building.

October 17, 2025

Acquisitions Multifamily Oregon Western

Investors Capital Group Sells 168-Unit Fruitland Meadow Multifamily Community in Salem, Oregon

by Amy Works October 17, 2025

SALEM, ORE. — Investors Capital Group has completed the disposition of Fruitland Meadow, an apartment property located at 5192 Caplinger Road SE in Salem, to a private buyer for $32 million. Situated on 8.1 acres, Fruitland Meadows offers 168 studio, one-, two- and three-bedroom apartments. Josh McDonald and Joe Nydahl CBRE represented the seller in the transaction.

October 17, 2025

Acquisitions Arizona Multifamily Seniors Housing Western

JLL Negotiates Sale of 165-Unit Inspira Arrowhead Seniors Housing Community in Glendale, Arizona

by Amy Works October 17, 2025

GLENDALE, ARIZ. — JLL Capital Markets has arranged the sale of Inspira Arrowhead, a seniors housing property in Glendale. A fund managed by affiliates of Fortress Investment Group sold the asset to a confidential buyer for an undisclosed price. JLL’s Senior Housing Capital Markets team represented the seller and procured the buyer in the deal. The firm also arranged nonrecourse acquisition financing for the buyer through a regional bank. Cogir Senior Living has been retained by the buyer to continue operations at the property. Situated on 14.2 acres at 20240 N. 78th Ave., Inspira Arrowhead features 165 independent living, assisted living and memory care units. Onsite amenities include various dining options, a theater, fitness center, pool, salon, barbershop, dog park, social outings and bocce ball.

October 17, 2025

Acquisitions Industrial Oregon Western

Ostling Group Divests of Riverside Industrial Park in Portland, Oregon for $22.3M

by Amy Works October 17, 2025

PORTLAND, ORE. — Ostling Group has completed the $22.3 million sale of Riverside Industrial Park, a two-building industrial park in Portland. Brett Hartzell, Charles Safely and Chris Reeves of CBRE National Partners, along with Eleanor Aschoff of CBRE, represented the seller in the deal. The name of the buyer was not released. Located at 13422-13444 and 13609-13625 N.E. Jarrett St., the two buildings offer a total of 129,142 square feet. The buildings feature 20-foot to 24-foot clear heights, truck access, 28 dock-high doors and 16 grade-level doors. At the time of sale, the asset was 29 percent occupied by eight tenants in logistics, constriction supply, retail and manufacturing/fabrication industries.

October 17, 2025

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