Property Type

ATLANTA — Consulting giant EY has signed a 102,195-square-foot office lease at Ten Twenty Spring, a 525,000-square-foot, Class A office tower in Midtown Atlanta. EY will move approximately 3,000 employees from its current office in downtown Atlanta next August. The company will occupy floors 14 through 16 at Ten Twenty Spring. The office building is part of Spring Quarter, a mixed-use development by Portman that also includes Sora at Spring Quarter apartments and a landmark building that once housed the historic H.M. Patterson & Son Spring Hill Chapel. The historic building has been redeveloped into a 24,000-square-foot retail and dining destination. Glenn Dyke of CBRE represented EY in the lease negotiations. Glenn Kolker, Preston Menning and Malik Leaphart of Stream Realty Partners represented the landlord, Portman and Perform Properties, a Blackstone company.

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OAKDALE, N.Y. — Marcus & Millichap has brokered the sale of a 291-unit self-storage facility in Oakdale, located on Long Island. Oakdale Self Storage was built in 2005 and spans 27,320 net rentable square feet across 190 climate-controlled units, 86 non-climate-controlled units and 15 outdoor parking spaces. Andreas Makris and Kevin Bledsoe of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction. John Horowitz of Marcus & Millichap assisted in closing the deal as the broker of record. The facility was 88 percent occupied at the time of sale.

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OLD BRIDGE, N.J. — CBRE has negotiated the $12.1 million sale of Oak Tree Plaza, a 36-unit apartment building in the Central New Jersey community of Old Bridge. Built in 2023, Oak Tree Apartments comprises 16 one-bedroom apartments, 17 two-bedroom units and three three-bedroom residences that range in size from 702 to 1,184 square feet. Fahri Ozturk, Richard Gatto and Zach McHale of CBRE represented the seller, New York City-based developer EOM Realty, in the transaction. CBRE also procured the buyer, REVL Holdings.

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JUPITER, FLA. — Ram Realty Advisors has acquired The Shoppes at Jupiter, a 197,000-square-foot shopping center located at the intersection of Indiantown Road and U.S. Highway 1 in Jupiter. The Palm Beach Gardens, Fla.-based investor acquired the property from Orion Real Estate Group for $52.8 million. Noah Jones and Dan Lynch of Atlantic Retail brokered the transaction. Orion previously acquired the property in 2015 for $27.8 million. Prior to closing, Ram Realty secured an anchor lease with Whole Foods Market, which will join existing tenants at The Shoppes at Jupiter including Cinépolis Luxury Cinemas, Palm Beach Sports Club Gym, Staples and Bealls.

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CHARLESTON, S.C. — Walker & Dunlop has arranged a $75 million loan for the refinancing of Society at Laurens, a newly built, 148-unit luxury apartment community located at 31 Laurens St. in Charleston’s historic downtown district. Walker Layne, Matt Wallach and Stephen West led the Walker & Dunlop team that arranged the three-year loan through Aareal Capital on behalf of the borrower, Southern Land Co. The Society at Laurens features studio, one-, two- and three-bedroom apartments, as well as a heated saltwater pool and spa situated on a second-floor deck with views of Charleston Harbor. Other amenities include a high-end fitness center, controlled-access parking and package lockers with 24/7 access.

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WATKINS GLEN AND MONTOUR FALLS, N.Y. — New York-based investment firm Capriotti Properties has purchased a portfolio of three multifamily properties totaling 32 units in upstate New York. The properties — Montour House, The Flats on Broadway and Water Works Center — are located in Watkins Glen and Montour Falls and include five commercial spaces between them. Richard Gatto, Fahri Ozturk, Zach McHale and Matthew Loscalzo of CBRE represented the seller, Nelson Development, in the transaction. CBRE also procured Capriotti Properties as the buyer.

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ATLANTA — The Atlanta BeltLine has purchased six parcels near the intersection of Peachtree Road and Bennett Street in the city’s Buckhead district. The land is adjacent to the site purchased last fall, giving the BeltLine a 3.2-acre assemblage that represents Segment 2 of the future Northwest Trail, which will run for 4.3 miles at full completion. Segment 1 of the trail is currently underway and is set for completion in second-quarter 2026. The buildings on the Bennett Street site are vacant and will be prepared for demolition while future site planning efforts are underway. The BeltLine will engage with community leaders, residents, businesses and other stakeholders on the next steps for the future of the site, with the ultimate goal of aiding in developing affordable housing in mixed-use settings. In recent years, the Beltline has acquired over 80 acres to expand housing and commercial affordability and to master plan land along the trail. The Beltline currently is 76 percent of its way towards meeting the goal of preserving or creating 5,600 affordable housing units by 2030. To date, the Beltline has completed 12.6 miles of the mainline loop, with an additional 10.3 miles of connector trails. The entire 22-mile …

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CHARLESTON, S.C. — Avison Young has brokered the sale of 61 West, a 43,426-square-foot medical office building located at 1483 Tobias Gadson Blvd. in Charleston’s West Ashley submarket. Atlanta-based SG Property Services purchased the property from an entity doing business as Tobias LLC for an undisclosed price. Gary Lyons and Gregg Legerton of Avison Young represented the seller in the transaction. 61 West was 85 percent leased at the time of sale to a mix of tenants including University Medical Associates (UM of SC), Anesthesia Associates and Parkwood Pediatrics. The property underwent extensive renovations to the lobby and common areas in 2023, according to Avison Young.

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Aston-Residences-Culver-City-CA

CULVER CITY, CALIF. — Helio Group has obtained a $92 million construction loan for Aston Residences, a to-be-built multifamily property in Culver City. Jeff Sause, Chad Morgan, Jacob Michael and Danny Ryan of JLL arranged the floating-rate loan with Affinius Capital for the borrower. Located at 10505 Washington Blvd., Aston Residences will offer 160 one-bedroom and 30 two-bedroom apartments with luxury finishes and smart home technology. Community amenities will include 5,191 square feet of ground-floor retail space, a fitness room, clubhouse, an indoor pickleball court, hot and cold plunge pools, an outdoor kitchen and bicycle parking within a three-floor garage. Completion is slated for first-quarter 2028.

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Atria-Foster-Square-Foster-City-CA

FOSTER CITY, CALIF. — Artemis Real Estate Partners has acquired Atria at Foster Square, a 155-unit senior living community located in Foster City, roughly 20 miles southeast of San Francisco. Artemis purchased the property in partnership with the current operator, Atria Senior Living, which will continue to manage the community under its Atria Signature Collection brand.  Built in 2016, the property was developed as part of a mixed-use master-planned town center. Amenities at the community include a theater, fitness center, activity and game rooms, a library, courtyard, physical therapy space and multiple dining venues.  Aaron Rosenzweig and Dan Baker of JLL represented the undisclosed seller in the transaction. 

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