Saturday, February 7, 2026
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IllinoisIndustrialLoansMidwest

Darwin Investment Group Receives $100M Refinancing for 2.2 MSF Chicagoland Portfolio

by Kristin Harlow

ELMHURST, ILL. — Elmhurst-based DarwinPW Realty/CORFAC International has arranged a $100 million loan for the refinancing of a 2.2 million-square-foot portfolio for Darwin Investment Group in metro Chicago. Wells Fargo provided the loan for the 40-building portfolio. The new loan structure and 50 percent loan-to-value ratio enables Darwin to acquire new buildings to add to the portfolio, according to Matthew Lewandowski, principal of DarwinPW Realty. Darwin Investment Group is a privately held real estate investment company that focuses on commercial real estate investments throughout Chicagoland. The firm last refinanced its portfolio in December 2015 when it was made up of 1.4 million square feet across 27 buildings. The current portfolio is home to more than 225 tenants across buildings from the south suburbs of Chicago to Southeast Wisconsin. Lewandowski, George Cibula, Erin Cibula and Patricia Liston of DarwinPW Realty worked on the transaction.

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AcquisitionsMidwestMissouriMultifamily

CBRE Negotiates Sale of 180-Unit Multifamily Community in St. Peters, Missouri

by Kristin Harlow

ST. PETERS, MO. — CBRE has negotiated the sale of The Station St. Peters, a 180-unit multifamily community in the western St. Louis suburb of St. Peters. Built in 2024, the property features a range of one- and two-bedroom floor plans averaging 870 square feet. Amenities include a pool, fitness center, clubhouse, coffee bar and outdoor grilling area. Matt Bukhshtaber of CBRE represented the seller, Mia Rose Holdings LLC. Nick Santangelo, Bruce Francis, Shaun Moothart, Bob Ybarra, Doug Birrell, Anna Britt and Amber Coleman of CBRE arranged a $21.7 million acquisition loan on behalf of the buyer, Oregon-based Bonaventure. The 10-year loan features a fixed interest rate and interest-only payments for the full term.

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HospitalityLoansMidwestOhio

PMZ Realty Capital Arranges $5.3M Acquisition Loan for Hampton Inn Hotel in Marysville, Ohio

by Kristin Harlow

MARYSVILLE, OHIO — PMZ Realty Capital LLC has arranged a $5.3 million loan for the acquisition of a Hampton Inn hotel in Marysville, a suburb of Columbus. A debt fund provided the loan, which features interest-only payments for the full five-year term. The loan proceeds provided capital for the new ownership to acquire the property and implement a change-of-ownership property improvement plan. The buyer, a Canadian hotel investor, completed the acquisition as its first hotel investment in the U.S. The 83-room hotel features complimentary breakfast, a fitness center, indoor pool and two meeting rooms.

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AcquisitionsMidwestOhioRetail

Marcus & Millichap Brokers $2.6M Sale of Fully Occupied Retail Property in Milford, Ohio

by Kristin Harlow

MILFORD, OHIO — Marcus & Millichap has brokered the $2.6 million sale of a fully occupied retail property in Milford, a suburb of Cincinnati. The eight-suite center is home to tenants such as Papa John’s, CheckSmart and Q-Nail. Ashley Riegert, Erin Patton, Scott Wiles and Craig Fuller of Marcus & Millichap represented the seller, a Cincinnati-based ownership group. Buyer information was not provided.

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GITC
AcquisitionsGeorgiaIndustrialMassachusettsNortheastSouth CarolinaSoutheastTop Stories

Hines Acquires Three East Coast Industrial Assets for $309M

by Hayden Spiess

HOUSTON — Hines Global Investment Trust (HGIT), a real estate investment trust (REIT) sponsored by Houston-based global asset manager Hines, has acquired three industrial assets located on the East Coast for a total $309 million.  The acquired properties include two distribution facilities situated within the Georgia International Trade Center (GITC) in the Savannah market and two warehouse/distribution facilities located in Upton Crossing, a warehouse campus in Wilmington, Mass. The Davis Cos., a real estate investment and development firm based in Boston, sold both assets, which total 2.5 million square feet. Additionally, HGIT acquired I-85 Logistics Center, an industrial property in the Greenville-Spartanburg metro in South Carolina’s Upstate region. The seller of I-85 Logistics Center was not disclosed. The properties in Savannah total 2.2 million square feet and were fully leased at the time of sale. A joint venture between Davis and Atlanta-based Stonemont Financial Group developed GITC, which comprises a total 7.7 million square feet of manufacturing and warehouse space across 10 buildings. The site is located roughly 10 miles from the Port of Savannah.  Totaling 215,000 square feet, the properties at Upton Crossing in Wilmington were 81 percent leased at the time of acquisition. Davis acquired Upton Crossing in …

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Data CentersDevelopmentIndustrialLoansTexas

Newmark Arranges $7.1B Construction Loan for West Texas Data Center Project

by Taylor Williams

ABILENE, TEXAS — Newmark has arranged a $7.1 billion construction loan for a data center project in the West Texas city of Abilene. A consortium of lenders led by J.P. Morgan provided the debt, which will fund the second phase of development of an existing campus. Construction of the first phase, which comprised two buildings and 200-plus megawatts of power, began in June 2024 and is expected to come on line in the coming weeks. Construction of the second phase, which will feature six additional buildings and a total of 1.2 gigawatts, began in March 2025 and is expected to be energized in mid-2026. Jordan Roeschlaub, Nick Scribani, Ben Kroll, Brent Mayo, Doug Harmon and Andrew Warin of Newmark originated the financing on behalf of the borrower, a joint venture between Blue Owl Capital Inc., Crusoe and Primary Digital Infrastructure.

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AcquisitionsIndustrialLoansSelf-StorageTexas

Versal Negotiates Sale of 3,964-Unit Self-Storage Portfolio in Texas

by Taylor Williams

AUSTIN, TEXAS — Self-storage brokerage firm Versal has negotiated the sale of a portfolio of eight facilities totaling 3,964 units in Texas. The properties are collectively known as the Steelcreek Self Storage Portfolio and have an aggregate net rentable square footage of 620,231 square feet. Five facilities are located in the Dallas area; two facilities are in the Austin area, and the last property is situated in the Houston area. Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal represented the seller, Dallas-based Steelcreek Management LLC, in the transaction. The team also procured the buyer, Reframe Holdings, an investment firm with offices in South Carolina and Florida. Anna Siradze, Britt Taylor, Ivan Viramontes, Tom Sherlock and Lauren Maehler of California-based Talonvest Capital arranged a $51.3 million acquisition loan through an undisclosed national bank for the deal. The nonrecourse loan carried a five-year term and a floating interest rate.

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AcquisitionsMixed-UseTexas

CIM Group Sells 320,000 SF Turtle Creek Village Mixed-Use Development in Uptown Dallas

by Taylor Williams

DALLAS — Los Angeles-based development firm CIM Group has sold Turtle Creek Village, a 320,000-square-foot mixed-use property located in Uptown Dallas. The property includes the 18-story, 230,000-square-foot Offices at Turtle Creek Village and the three-building, 95,000-square-foot Shops at Turtle Creek Village. CIM Group acquired the property in 2017 and completed a renovation of both the office and retail components, which included upgrades to the office lobby and amenities, as well as newly constructed spec suites. Tenants at the Shops at Turtle Creek Village include anchor and grocer Tom Thumb, Inwood National Bank, LensCrafters and World Market. The buyer was DLV TC Village LP, an entity controlled by De La Vega Capital.

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Corporate-Point-Irving
AcquisitionsOfficeTexas

Weitzman Brokers Sale of 242,000 SF Office Building in Irving’s Las Colinas District

by Taylor Williams

IRVING, TEXAS — Weitzman has brokered the sale of Corporate Point, a 242,000-square-foot office building in Irving’s Las Colinas district. Built in 1981 and renovated in 2007 and 2015, the 10-story building features a new conference center, training room, tenant lounge, full-service fitness center and a café. The site also offers undeveloped 7.5 acres for future expansion. Creighton Stark of Weitzman, along with Dallas-based International Capital LLC and former Weitzman broker Matt Rosenfeld, arranged the sale. The buyer and seller were not disclosed.

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Leasing ActivityOfficeTexas

Black Stone Minerals Signs 55,082 SF Office Lease Renewal in Downtown Houston

by Taylor Williams

HOUSTON — Black Stone Minerals has signed a 55,082-square-foot office lease renewal at 1001 Fannin in downtown Houston. The locally based energy company also renewed its lease in 2023 at the 49-story, 1.3 million-square-foot building, which recently underwent a multimillion-dollar capital improvement program. Chip Colvill and Brad Beasley of Partners Real Estate represented the landlord, JMB Realty, in the lease negotiations. Trey Strake and David Guion of Cushman & Wakefield represented Black Stone Minerals. 

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