Thursday, April 23, 2026
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AcquisitionsOfficeSoutheastVirginia

Cushman & Wakefield | Thalhimer Brokers $8.2M Sale of Virginia Beach Office Building

by John Nelson

VIRGINIA BEACH, VA. — Cushman & Wakefield | Thalhimer has brokered the $8.2 million sale of a 61,528-square-foot office building located at 555 S. Independence Blvd. in Virginia Beach. Clark Simpson and Erik Conradi of Thalhimer’s Capital Markets Group, along with Christine Kaempfe of Thalhimer’s Office Services team, represented the seller, an entity doing business as 5555 S Independence LLC, in the transaction. The buyer was RetroAIM Properties LLC, an abatement, insulation and demolition services firm that will use the Virginia Beach property as its new corporate headquarters.

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Austin-Centre
DevelopmentOfficeTexas

Sidra Real Estate Completes Renovation of Downtown Austin Office Building

by Taylor Williams

AUSTIN, TEXAS — Sidra Real Estate has completed the multimillion-dollar renovation of Austin Centre, a 327,619-square-foot office building located at 701 Brazos St. in the state capital’s downtown area. Renovations included upgrades to the lobby, restaurant and fitness center and the addition of a coffee bar and a mothers’ room. Sidra is also in the process of building out speculative suites on the building’s 10th floor. Tenants have direct access to amenities at the Omni Hotel, such as a rooftop pool and bar, fitness center, conference center, meeting space and a tenant lounge, as well as multiple onsite dining options. Ownership has tapped Transwestern as Austin Centre’s new leasing agent and property manager.

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Houston-Physicians-Hospital
AcquisitionsHealthcareTexas

IRA Capital Buys 148,950 SF Healthcare Property in Webster, Texas

by Taylor Williams

WEBSTER, TEXAS — California-based private equity firm IRA Capital has purchased Houston Physicians’ Hospital, a 148,950-square-foot healthcare property in Webster, a southeastern suburb of Houston. The facility, which recently underwent a 39,000-square-foot expansion, includes an advanced surgical hospital and two aquatic care centers. At the time of sale, the facility was 100 percent leased to a joint venture between the physicians, Memorial Hermann Health System and United Surgical Partners International.

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AcquisitionsHospitalityTexas

Marcus & Millichap Brokers Sale of 119-Room Hotel in Richardson, Texas

by Taylor Williams

RICHARDSON, TEXAS — Marcus & Millichap has brokered the sale of a 119-room hotel in the northeastern Dallas suburb of Richardson. The Cambria Hotel Richardson-Dallas was built on 2.5 acres in 2019 and offers amenities such as an indoor pool and a fitness center. Chris Gomes of Marcus & Millichap represented the seller and procured the buyer in the transaction. Both parties requested anonymity.

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IndustrialLeasing ActivityLee & AssociatesTexas

Lee & Associates Negotiates 26,000 SF Industrial Lease in Carrollton, Texas

by Taylor Williams

CARROLLTON, TEXAS — Lee & Associates has negotiated a 26,000-square-foot industrial lease in the northern Dallas metro of Carrollton. Corbin Blount of Lee & Associates represented the tenant, Aarav Corp., a provider of distribution services, in the lease negotiations. Mac Hall and Eric Crutchfield of Stream Realty Partners represented the landlord, an entity doing business as G&I IX 1225 Capital LLC.

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AcquisitionsIndustrialTexas

Partners Real Estate Arranges Sale of 25,386 SF Manufacturing Building in Tomball, Texas

by Taylor Williams

TOMBALL, TEXAS — Partners Real Estate has arranged the sale of a 25,386-square-foot manufacturing building in Tomball, a northeastern suburb of Houston. According to LoopNet Inc., the building at 1302 S. Cherry St. was built on 3.5 acres in 1980. Wyatt Huff and Hunter Stockard of Partners represented the seller, Harbor Hill Holdings, in the transaction. The buyer was an undisclosed, locally based private investor.

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Jade-Everett
DevelopmentMassachusettsMultifamilyNortheast

Greystar Begins Leasing 325-Unit Apartment Community in Everett, Massachusetts

by Taylor Williams

EVERETT, MASS. — Greystar has begun leasing Jade, a 325-unit apartment community in the eastern Boston suburb of Everett. Jade offers studio, one-, two- and three-bedroom units that are furnished with oversized windows, stackable washers and dryers, quartz countertops, built-in pantries and spa-like bathrooms. Amenities include a music room with recording equipment, a fitness center with a yoga studio, coworking pods and a conference room, pet spa, clubroom, two courtyards, a pool and outdoor grilling and dining stations. Rents start at $2,295 per month for a studio apartment.

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Fairways-at-Cranford
DevelopmentMultifamilyNew JerseyNortheast

Hartz Mountain Completes 250-Unit Apartment Complex in Cranford, New Jersey

by Taylor Williams

CRANFORD, N.J. — Hartz Mountain Industries has completed Fairways at Cranford, a 250-unit apartment complex in Northern New Jersey. Situated on 13.5 acres, the property offers studio, one- and two-bedroom units that are furnished with stainless steel appliances, quartz countertops and custom closets. Amenities include a fitness center, resident lounge, playroom, conference room, gaming area, theater room, landscaped courtyards and grilling stations. Minno & Wasko Architects and Planners designed the property, and March Construction served as the general contractor. Leasing began in January.

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AcquisitionsIndustrialMassachusettsNortheast

JLL Brokers $27.9M Sale of Industrial Property in Ashland, Massachusetts

by Taylor Williams

ASHLAND, MASS. — JLL has brokered the $27.9 million sale of a 218,316-square-foot industrial property in Ashland, a western suburb of Boston. The property consists of two buildings on an 18-acre site that were fully leased at the time of sale to fire suppression systems manufacturer Kidde-Fenwal. Michael Restivo, Bob McGuire, Sam Crossan, David Coffman and Tommy Hovey of JLL represented the private seller in the transaction. The buyer was locally based investment firm Rhino Capital Advisors.

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IndustrialLeasing ActivityLee & AssociatesNew JerseyNortheast

Quince Signs 105,000 SF Industrial Lease in Carneys Point, New Jersey

by Taylor Williams

CARNEYS POINT, N.J. — Quince has signed a 105,000-square-foot industrial lease in the Southern New Jersey community of Carneys Point. The apparel and accessories retailer is taking space at LogistiCenter at Carneys Point, a two-building development by Nevada-based developer Dermody. Andrew Stypa of Lee & Associates represented Quince in the lease negotiations. Dean Torosian of JLL represented Dermody.

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