Property Type

Core Spaces to Develop Three Student Housing Projects Totaling 3,500 Beds in Champaign, Illinois

by Kristin Harlow June 4, 2026

CHAMPAIGN, ILL. — Core Spaces has unveiled plans to develop three student housing projects near the University of Illinois Urbana-Champaign. Together, the developments will bring more than 3,500 beds between 2028 and 2031. In fall 2025, Core broke ground on Hub Champaign Green Street, a 490-unit, 1,577-bed student housing community that is slated to deliver in summer 2028. Core plans to further expand its Hub on Campus footprint along the Green Street corridor. Each community will be centrally located near both campus and downtown Champaign.

June 4, 2026

Acquisitions Industrial Midwest Minnesota Wisconsin

JLL Brokers $50.5M Sale of Industrial Portfolio in Metro Minneapolis, Milwaukee

by Kristin Harlow June 4, 2026

MINNEAPOLIS AND MILWAUKEE — JLL Capital Markets has brokered the $50.5 million sale and secured acquisition financing for the Midwest Distribution Portfolio, a collection of four industrial properties totaling 608,316 square feet across the Minneapolis and Milwaukee metro areas. The fully occupied portfolio includes a 265,516-square-foot distribution center in Lino Lakes, Minn., two buildings totaling 141,750 square feet in Pewaukee, Wis., and a 201,050-square-foot complex in Milwaukee adjacent to the airport. The properties are home to nine tenants across sectors such as merchant wholesalers, apparel, motor freight distribution and air freight services. The facilities feature clear heights ranging from 22 to 30 feet with more than 70 loading positions. Colin Ryan, David Berglund and Ed Halaburt of JLL, along with Tom Shepherd of Colliers represented the seller, Biynah Industrial Partners. Matthew Schoenfeldt and Lucas Borges of JLL arranged the financing.

June 4, 2026

Illinois Loans Midwest Multifamily

BWE Originates $38.9M Loan to Refinance 194 Units of Chicago Condo Property

by Kristin Harlow June 4, 2026

CHICAGO — BWE has originated $38.9 million to refinance 194 units of Woodland Park by the Lake, a 240-unit condominium community in Chicago’s Bronzeville neighborhood. Ryan Morris and Max Miller of BWE originated the five-year Freddie Mac loan on behalf of the borrower, a joint venture between a Chicago-based property management firm and a Chicago-based investor group. The joint venture originally acquired 170 units in the property in 2019 as part of a fractured condo deal. Since then, the venture has purchased more units and substantially renovated those homes.

June 4, 2026

Acquisitions Illinois Midwest Multifamily

Interra Realty Arranges $5M Sale of Multifamily Building in Chicago’s Bucktown

by Kristin Harlow June 4, 2026

CHICAGO — Interra Realty has arranged the sale of 2105 W. Caton St. in Chicago’s Bucktown neighborhood for nearly $5 million. Completed in 2023, the boutique property features six two-bedroom units and two three-bedroom penthouse duplexes with private rooftop decks. The property also includes eight covered garage parking spaces and one street-level commercial space that is currently leased to a Pilates studio. Brad Feldman of Interra represented the buyer, a local private investor that also assumed the loan. Feldman also represented the seller, a developer he had worked with on the original 2018 land acquisition. The asset was fully occupied at the time of sale.

June 4, 2026

Kansas Market Reports Midwest Midwest Market Reports Retail

Wichita Retail Activity Is Focused on High-Performing Corridors

by Kristin Harlow June 4, 2026

By Don Piros, CCIM, Landmark Commercial Real Estate Wichita’s retail and restaurant market is entering a new phase of evolution, marked by geographic concentration, steady suburban expansion and a wave of long-anticipated national brands entering the city. While overall demand remains stable, activity is increasingly focused in a handful of high-performing corridors, leaving older retail areas to repurpose or transition to new uses. Growth is concentrated in key corridors. Retail momentum in Wichita is strongest on the city’s east and northwest sides. The east side, particularly along Rock Road (Bradley Fair, Towne East Square), Webb Road (The Waterfront) and Greenwich Road (Greenwich Place Shopping Center), continue to attract higher-end retailers and nationally recognized restaurant brands. Strong household incomes and established shopping patterns have made the corridor the most competitive in the region. Meanwhile, northwest Wichita, especially along Maize Road and now Ridge Road, is emerging as the metro’s fastest growing suburban retail zone. Fueled by residential expansion and available land, the area has seen a steady influx of casual dining and quick-service restaurants and new strip retail developments. These two areas now anchor much of Wichita’s leasing activity, with tenants prioritizing visibility, traffic counts and proximity to new housing. In …

June 4, 2026

Acquisitions Maryland Office Southeast Top Stories

Roadside Development, Hudson Bay Capital Acquire 600,000 SF Office Complex in Bethesda, Maryland

by John Nelson June 4, 2026

BETHESDA, MD. — Development and investment firm Roadside Development and global alternative asset manager Hudson Bay Capital have acquired Bethesda Towers, an office campus situated in downtown Bethesda. The sales price was not disclosed, but the Washington Business Journal reports that the complex had an assessed property value of roughly $86 million, according to records with the State of Maryland. Moore & Associates sold the property and will continue to oversee property management on behalf of the new ownership. Moore & Associates acquired Bethesda Towers, which was originally built in the 1970s, in 2005. Totaling roughly 600,000 square feet, the campus comprises three office buildings and is walkable to attractions including Bethesda Row, the Capital Crescent Trail and the Bethesda Metro Station. The buyers plan to reposition the development over time but did not release any specific plans. “The Bethesda Towers campus presents a large-scale parcel with the potential to become a unique and transformative place at the gateway to Bethesda,” says Jeff Edelstein, president of Roadside. “We’ve had our eye on the property for quite some time, and it will be a great collaboration with our partners at Hudson Bay Capital.” Mychael Cohn of Cohn Property Group represented Roadside in the …

June 4, 2026

Affordable Housing Conference Coverage Features Southeast Feature Archive

InterFace Panel: Affordable Housing Deal Flow Gains Momentum as Brokers Turn Bullish

by Abby Cox June 4, 2026

ATLANTA — For much of the past two years, affordable housing transactions in the Southeast moved at a measured pace, slowed by severe cost burdens on both renters and prospective buyers and widening supply deficits. But inside this year’s InterFace Affordable Housing Southeast show, a networking and information conference held at The Westin Buckhead Atlanta on May 12, the tone has shifted. Phones are ringing again, deals are re-entering the pipeline and investors are showing a renewed willingness to chase affordable housing opportunities across the region. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. Rachel Chapman, national account executive of Stewart Title Guaranty Co., moderated the discussion, entitled “Brokers, Buyers and Capital.” The investment sales panel notably reverted to a subject and question that’s shaping much of today’s affordable housing market: with elevated borrowing costs and general economic uncertainty, why is transaction activity accelerating? Necessitating that question for developers and brokers are the thorns still present in the industry, such as the lengthy process of securing and pricing loans, interest rate volatility and capital markets shifts. Even with these headwinds, …

June 4, 2026

Development Mixed-Use Texas

Dallas Stars Plan New Arena, Mixed-Use Entertainment District in Plano

by Taylor Williams June 3, 2026

PLANO, TEXAS — The Dallas Stars are planning to open a new hockey arena and mixed-use entertainment district at The Shops at Willow Bend in Plano. The team announced on June 2 that it had signed a nonbinding letter of intent (LOI), inclusive of design and construction plans for the arena and surrounding district, which could include sports-themed retail, restaurant and entertainment uses, as well as public gathering and event spaces. The announcement comes roughly 24 hours after the NBA’s Dallas Mavericks similarly unveiled plans to move on from American Airlines Center, the downtown venue that is currently the home of both franchises, via an agreement to purchase 100-plus acres at the site of the former Valley View Mall on the city’s north side. Both teams’ leases at American Airlines Center expire in 2031. According to Sports Business Journal (SBJ), total development costs for the Stars’ arena and sports entertainment district are pegged at approximately $1 billion, with the City of Plano expected to contribute about 70 percent ($700 million) toward financing of the project. And according to the Plano Star Courier, the City would then own both the arena and the site and enter into a 30-year lease with …

June 3, 2026

Development Industrial Self-Storage Texas

SurePoint Breaks Ground on 861-Unit Self-Storage Facility in The Woodlands, Texas

by Taylor Williams June 3, 2026

THE WOODLANDS, TEXAS — SurePoint Development, a San Antonio-based self-storage owner-operator, has broken ground on an 861-unit facility in The Woodlands, about 30 miles north of Houston. The site is located near the intersection of Six Pines Drive and Lake Front Circle within The Woodlands Town Center, and the property will feature 90,000 net rentable square feet of climate-controlled space. ExtraSpace Storage will manage the facility, which will be SurePoint’s 10th in the Houston area and is expected to be complete in spring 2027.

June 3, 2026

Industrial Leasing Activity Texas

Premier PV Signs 265,400 SF Industrial Lease in Southwest Dallas

by Taylor Williams June 3, 2026

DALLAS — Premier PV, a provider of solar photovoltaic products and services, has signed a 265,400-square-foot industrial lease in southwest Dallas. According to LoopNet Inc., the building at 4715 Mountain Creek Parkway was built in 2004, renovated last year and features 34.5-foot clear heights and six acres for future expansion or outdoor storage.Canon Shoults, Keaton Brice, Maddy Coffman and John Gorman of Holt Lunsford Commercial represented the landlord, CanTex Capital, in the lease negotiations. Jake Wilson of Site Selection Group represented the tenant.

June 3, 2026

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