NEW YORK CITY — Altana has signed a 10-year, 62,309-square-foot office lease at The PENN District, a two-building, 4.4 million-square-foot development in Midtown Manhattan. The provider of AI-driven trade and supply chain management solutions will establish its new headquarters office across the entire 21st floor of PENN 2. Sam Seiler of CBRE and Joseph Sipala of JLL represented Altana in the lease negotiations. The landlord, Vornado Realty Trust, was self-represented.
SANDY SPRINGS, GA. — Cushman & Wakefield has arranged a $72 million loan on behalf of locally based owner-operator Jamestown LP for the refinancing of two adjacent shopping centers in metro Atlanta. Totaling more than 340,000 square feet in Sandy Springs, the properties include Parkside Shops (158,400 square feet) and Hammond Exchange (176,000 square feet). A 49,506-square-foot Whole Foods Market anchors the centers, which share a footprint of about 25 acres. Additional tenants include Marshalls, HomeGoods, Petco and The Springs Cinema & Taphouse. John Alascio, Alex Hernandez, Alex Lapidus, Mitch Rothstein, Nick Scibelli and Mark Gilbert of Cushman & Wakefield secured the floating-rate loan through accounts managed by KKR on behalf of Jamestown.
INDEPENDENCE, KY. — RSA Properties LLC plans to develop a 130,000-square-foot warehouse and distribution center for Camco Chemical in northern Kentucky. The build-to-suit facility will be situated within the tenant’s existing campus on Holton Drive in Independence on a site that once housed an IRS facility. The design-build team includes general contractor Furlong Building. Camco Chemical has had a presence in Independence for the past 65 years. The construction timeline of the new facility was not disclosed.
DURHAM, N.C. — Ram Realty Advisors has delivered Wye Junction, a 310-unit apartment community located at 701 Washington St. in Durham. Designed by Cline, the 5.2-acre multifamily project is an adaptive reuse of the former Erwin Oil site that dates back to 1937. The North Carolina-based architectural firm included elements of the former oil distribution facility into the design, including repurposed oil tankers and train trestles. Wye Junction features more than 7,000 square feet of retail space, a pedestrian plaza and rooftop amenities. Apartments come in one-, two- and three-bedroom layouts, and monthly rental rates range from $1,625 to $4,650, according to Apartments.com. The design-build team included general contractor Thomas Construction Group.
DOUGLASVILLE, GA. — Corvant, an HVAC and mechanical plumbing manufacturer, has signed a full-building lease at LogistiCenter at Bright Star, a 113,865-square-foot industrial facility in Douglasville, a western suburb of Atlanta. The landlord, Dermody, recently delivered the rear-load facility, which features 32-foot clear heights, a 60-foot speed bay, 28 dock-high doors, two drive-in doors, approximately 90 automobile parking spaces and ESFR fire protection. Mason Marsteller of Hughes Commercial Real Estate represented Dermody in the lease negotiations. Angie Henry of The Realty Group represented Corvant.
CARNESVILLE, GA. — Walmart Inc. (NASDAQ: WMT) has unveiled plans to build a fulfillment center in Carnesville, a city located about 85 miles from Atlanta in northeast Georgia. The project, which is expected to create 1,000 new jobs, comes as part of a larger, $1.3 billion capital investment in Franklin County. The 1.5 million-square-foot automated facility will be located within Franklin 85 Logistics Center. Construction is expected to begin later this year. According to Walmart, the company’s next-generation fulfillment centers are located in strategic markets to expand same-day and next-day shipping capabilities across the country. “As customer expectations continue to evolve, investments like our new fulfillment center in Carnesville help us deliver the speed, convenience and reliability customers count on,” says Karisa Sprague, senior vice president of supply chain for Walmart U.S. The Georgia Department of Economic Development worked on the project in partnership with the Franklin County Industrial Building Authority, Georgia EMC and Georgia Quick Start. The Arkansas-based retail giant’s presence in Georgia includes 209 Walmart stores and Sam’s Clubs as well as 11 supply chain facilities employing more than 65,300 associates across the state. With fiscal year 2026 revenue of $713 billion, Walmart employs approximately 2.1 million associates …
LONGVIEW, TEXAS — Fort Worth-based owner-operator Trademark Property Co. has provided updates on the repositioning of the 646,000-square-foot Longview Mall in East Texas. Since acquiring the mall a year ago in partnership with department store retailer Dillard’s, Trademark has upgraded the parking lot, exterior lighting and painting, landscaping and specialty leasing retail merchandising unit. Trademark is also planning to add a new children’s play area and update the interior paintwork and seating throughout the common areas.
ATHENS, TEXAS — Marcus & Millichap has brokered the sale of North Loop Mini Warehouses, a 277-unit self-storage facility in Athens, about 75 miles southeast of Dallas. The facility was built on 7.6 acres in 1994 and spans 53,812 net rentable square feet. Danny Cunningham and Brandon Karr of Marcus & Millichap represented the seller, a local family, in the transaction and procured the buyer, a California-based private investor. Both parties requested anonymity.
HOUSTON — Locally based brokerage and investment firm Finial Group has acquired a 21,500-square-foot industrial building in North Houston. The building at 15375 Vantage Parkway E features 20-foot clear heights, two grade-level doors and four dock-high doors. The building was leased to Williams Insulation at the time of sale. The seller and sales price were not disclosed.
OKLAHOMA CITY — Dallas-based brokerage firm Summit RE has arranged the sale of Quail Springs Shoppes, an 11,397-square-foot retail strip center in Oklahoma City. Tenants include CNS Jewelry & Watch Repair and Sit Still Kids Salon. Hudson Lambert of Summit RE represented the seller, a local developer, in the transaction and procured the buyer, a 1031 exchange investor. Both parties requested anonymity,