Property Type

300-Four-Falls-Conshohocken-Pennsylvania

CONSHOHOCKEN, PA. — JLL has arranged a $58 million loan for the refinancing of 300 Four Falls, a 298,564-square-foot office building in Conshohocken, a northern suburb of Philadelphia. Built in 2003, 300 Four Falls is a seven-story building that features a redesigned lobby, conference center, café, fitness center and a designated tenant amenity space. At the time of the loan closing, the building was 91.6 percent leased. Chad Orcutt led the JLL team that arranged the five-year, fixed-rate loan through Barclays and an entity managed by Argentic Investment Management LLC. The borrower was Maguire Hayden Real Estate Co.

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WOODBRIDGE, N.J. — Local owner-operator Woodmont Industrial Properties has sold a 54,113-square-foot building in Woodbridge, about 25 miles south of New York City. Delivered in 2023, the building at 51 New Brunswick Ave. features a clear height of 32 feet, seven exterior dock doors, one drive-in door and 2,300 square feet of office space and was fully leased at the time of sale of R.A.S. Logistics. Brian Schulz, Steven Beyda and Kevin Welsh of Newmark brokered the deal. The buyer was Sagard Real Estate.

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NEW YORK CITY — TransUnion has signed a 30,140-square-foot office lease in Midtown Manhattan. The provider of credit reporting and monitoring services will occupy the entire sixth floor at 1155 Avenue of the Americas, according to a LinkedIn post by the landlord, The Durst Organization. Tom Bow, Rocco Romeo and Nora Caliban internally represented Durst in the lease negotiations. David Wilson, Jonathan Zeitler, Michael McKenna and Barry Spagna of Cresa, along with internal agent Harriet Gleason, represented TransUnion.

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By Derek Lichtfuss, Newmark Columbus, Ohio, is emerging as one of the nation’s most dynamic industrial markets. With a strategic location, robust infrastructure and a diversified economy, the metro area is attracting industrial, manufacturing and logistics investment at a pace rivaling traditional coastal hubs.  According to Newmark Research, Columbus’ industrial market closed 2025 with positive absorption of 8.8 million square feet — ranking among the top five U.S. markets. Remarkably, the fourth quarter alone contributed more than 3 million square feet, marking the second consecutive quarter above that threshold. The market’s fundamentals underscore its strength. Vacancy ended the year at 7.2 percent, down from 9.7 percent in 2024. Asking rents, while largely flat in 2025, have climbed for six consecutive years, reflecting steady demand. More than 5.2 million square feet are currently under construction, signaling developer confidence. Drivers of growth Several factors drive the city’s momentum. Columbus benefits from an exceptional logistics profile. The metro area can reach roughly 50 percent of the U.S. population within a one-day drive or train, bolstered by I-70, I-71 and the second-largest inland port at Rickenbacker International Airport. Its multimodal capabilities — including Norfolk Southern rail and cargo air — have made it a …

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Project-Pilot-De-Soto-Kansas

DE SOTO, KAN. — Beale Infrastructure, a San Francisco-based owner-operator of data centers and other tech infrastructural properties, has unveiled plans for Project Pilot, a $3 billion data center campus in De Soto, about 30 miles west of Kansas City. Construction of the first phase is set to begin in May. According to Beale, the project, which is ultimately planned to feature four buildings totaling approximately 1 million square feet, represents the first hyperscale data center to be announced in the state of Kansas. The company also stated that the project would add “hundreds” of construction jobs and 50 permanent operational roles to the local economy. Beale has partnered with local utility provider Evergy to provide power for the campus and facilitate infrastructural development. An end user was not announced, but Beale said that upon completion, the campus would “host a large technology company contracted via a long-term lease.” According to Data Center Dynamics (DCD), affiliates of Beale first purchased the 290-acre site last fall, around the same time that the City of De Soto approved construction. DCD also reports that the city “approved property tax and sales tax exemptions on up to $50 billion in industrial revenue bonds, which …

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Jefferson Ownsby

By Bert Belanger, PACE Equity Seemingly every week, a commercial real estate publication publishes a story warning that nine out of 10 markets in America need more affordable housing units.  Switching to an “all-bills-paid” mindset and utilizing Commercial Property Assessed Clean Energy (C-PACE) financing can help address this quandary. Going Through the PACEs In early 2021, after a 40-year career as a real estate lawyer, consultant and developer focused on affordable housing, I began “selling money.” By this, I mean that I was sourcing capital for PACE Equity, a Milwaukee-based private debt firm focused on providing C-PACE funding.  Since C-PACE was new to my home state of Oklahoma, I was initially unfamiliar with its characteristics, but the practice of so-called “green building” was something I had experienced firsthand.   I hoped that my mixture of experience might make me a unicorn — a guy who knew how to meld obtuse government subsidized housing tools with C-PACE, all for the greater good.  However, I have quickly learned that mixing C-PACE with government-assisted housing financing tools is a non-starter.   Why?  Because cash flows within government-subsidized financings are thin by design, leaving no room for debt service beyond a small senior loan. Real Deals and Real Savings …

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CITYCENTRE-Six-Houston

HOUSTON — Locally based developer Midway has completed CITYCENTRE Six, a 320,000-square-foot office building in West Houston. The 19-story building was developed adjacent to a new half-acre urban plaza, which was designed by OJB Landscape Architecture, within the 47-acre mixed-use development of the same name. Building materials supplier Dow is the anchor tenant at CITYCENTRE Six, and the building was delivered 90 percent preleased. Other tenants include VoltaGrid, Octave and Enverus. Construction began in early 2024 and topped out last summer.

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HOUSTON — Woodside, a Texas-based real estate private equity firm, has purchased Saddlebrook Place, a four-building, 200,155-square-foot office campus in northwest Houston. Woodside plans to renovate the campus, which was previously known as Heron Lakes, by refreshing common areas and introducing move-in-ready spec suites. Woodside has also tapped Stream Realty Partners to lease Saddlebrook Place. The seller and sales price were not disclosed.

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HOUSTON — Marcus & Millichap has brokered the sale of a 47,988-square-foot retail building in northwest Houston. The freestanding building, which was constructed on a 5.5-acre site at 7300 W. Greens Road in 1994 and renovated in 2018, was fully leased at the time of sale to 24 Hour Fitness. Scott Jones, Gus Lagos and Alex Wolansky of Marcus & Millichap represented the seller, a California-based investor, in the transaction and procured the buyer, a local investor that acquired the asset via a 1031 exchange.

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FORT WORTH, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 13,294-square-foot industrial lease in Fort Worth. The tenant is Crawford Electric Supply Co., and the space is located within Everman Trade Center, a four-building, 457,745-square-foot development. Matt Carthey and Trey Goodspeed of Holt Lunsford represented the landlord, Boston-based Cabot Properties, in the lease negotiations. Michael Paine and Elizabeth Metz of Cushman & Wakefield represented the tenant.

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