Tuesday, August 4, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

DevelopmentFloridaLoansSelf-StorageSoutheast

MMCC Secures $14.5M Construction Financing for Self-Storage Project in Homestead, Florida

by John Nelson

HOMESTEAD, FLA. — Marcus & Millichap Capital Corp. (MMCC) has secured $14.5 million in construction financing for the development of a 1,038-unit self-storage facility at 1995 N.E. 8th St. in Homestead, about 32 miles south of Miami. The 135,800-square-foot property will operate as an Extra Space Storage facility. Robert Bhat of MMCC’s Miami office arranged the five-year loan through a local bank on behalf of the borrower, an undisclosed self-storage developer. The loan features a floating interest rate underwritten as 250 basis points above 1-month SOFR for the first three years with 36 months of interest-only payments.

Continue Reading
FacebookTwitterLinkedinEmail
Windsor-Commerce-Park-Las-Vegas-NV
DevelopmentIndustrialNevadaWestern

Lincoln Completes 1.6 MSF Windsor Commerce Park in Las Vegas

by Amy Works

LAS VEGAS — Lincoln Property Co. has completed Windsor Commerce Park, the company’s first-ever ground-up industrial development in the Las Vegas market. Situated on 86 acres, the 1.6 million-square-foot Windsor Commerce Park features eight buildings ranging from 49,920 square feet to 397,440 square feet. Buildings offer rear loading and cross-dock configurations, up to 36-foot clear heights, up to 4,000 amps of power, large clerestory windows and move-in-ready speculative office suites. The property is nearly 50 percent leased with tenants including regional, national and global operators specializing in HVAC, logistics and e-commerce. The project team includes Lee & Sakahara as architect and R&O Construction. Kevin Higgins, Garrett Toft, Jake Higgins and Kelsey Higgins of CBRE are handling leasing for the project.

Continue Reading
FacebookTwitterLinkedinEmail
Whitney-Ranch-Retail-Center-Rocklin-CA
CaliforniaDevelopmentLoansRetailWestern

JLL Secures $27M Construction Loan for Retail Project in Rocklin, California

by Amy Works

ROCKLIN, CALIF. — JLL Capital Markets, on behalf of Blue Coast Capital, has arranged a $27 million construction loan for Whitney Ranch Retail Center, a to-be-built, 52,200-square-foot neighborhood retail center in the Whitney Ranch community of Rocklin. The three-year construction loan was secured with U.S. Bank. Slated for completion in 2026, Whitney Ranch Retail Center will include 35,000 square feet of inline and standalone retail, as well as five ground-leased pad sites totaling 17,200 square feet. The property will be shadow anchored by Nugget Markets, an upscale supermarket chain with 16 locations across Northern California.

Continue Reading
FacebookTwitterLinkedinEmail
North-Bear-Crossing-Lakewood-CO
AcquisitionsColoradoRetailWestern

CenterSquare Acquires 31,871 SF North Bear Crossing Shopping Center in Lakewood, Colorado

by Amy Works

LAKEWOOD, COLO. — Conshohocken, Pa.-based CenterSquare has acquired North Bear Crossing, a 31,871-square-foot service retail property located in the Denver suburb of Lakewood. The center was 86 percent leased at the time of sale to tenants including Sports Clips, Domino’s Pizza, Kentucky Fried Chicken/A&W, Moe’s Original BBQ and F45 Training. North Bear Crossing marks CenterSquare’s 61st acquisition nationally.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsColoradoRetailWestern

Kaufman Hagan Negotiates $3M Sale of Retail Center in Lone Tree, Colorado

by Amy Works

LONE TREE, COLO. — Kaufman Hagan Commercial Real Estate has negotiated the sale of Park Meadows Village, a shopping center in Lone Tree. The asset traded for $3 million, or $392.67 per square foot. Three long-term tenants fully occupy the 7,640-square-foot retail plaza at 9447 Park Meadows Drive. Ryan Floyd and Colby Constantine of Kaufman Hagan handled the transaction. The names of the seller and buyer were not released.

Continue Reading
FacebookTwitterLinkedinEmail
Build-to-RentIllinoisLoansMidwestSingle-Family Rental

Lynd Receives $64M Loan for Refinancing of Build-to-Rent Property in Metro Chicago

by Kristin Harlow

OSWEGO, ILL. — Lynd Development Group, a division of The Lynd Group, has received a $64 million loan from Starwood Capital to refinance Home at Ashcroft, a 178-unit, luxury build-to-rent community in the western Chicago suburb of Oswego. The new financing replaces a $66 million construction loan provided by Delaware Life and Steeprock Capital. Construction began in 2022 and is now complete. The property is more than 82 percent occupied. Home at Ashcroft features three-bedroom, single-story homes averaging 1,775 square feet. Each residence includes a two-car garage and covered patio. Monthly rents range from $2,800 to $4,000. Amenities include a clubhouse, pool, fitness center, game room, private library, grilling stations, dog park and landscaped walking trail.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIllinoisMidwestMultifamily

Continental Properties Completes 336-Unit Apartment Development in South Elgin, Illinois

by Kristin Harlow

SOUTH ELGIN, ILL. — Continental Properties has opened Authentix South Elgin, a 336-unit, garden-style apartment community in South Elgin. Located at 1300 N. Lancaster Road, the property features a mix of studio, one-, two- and three-bedroom units. Amenities include a resort-style pool, community clubhouse with a coffee bar, outdoor grill area, 24-hour fitness center, two pet playgrounds and a pet spa. Authentix Apartments, owned and operated by Continental Properties, is a national brand of garden-style communities.

Continue Reading
FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentMidwestMultifamilyWisconsin

Annex Group Breaks Ground on $25.8M Affordable Housing Community in Milwaukee

by Kristin Harlow

MILWAUKEE — The Annex Group has broken ground on Union at Rose Park, a $25.8 million affordable housing community in Milwaukee. The property will offer 75 one-, two- and three-bedroom units for households earning a range of income levels starting at 30 percent of the area median income to market rate. Nine units will be targeted to veterans. Amenities will include a community room, fitness center and business center. The development will include rooftop solar panels and is designed to meet Enterprise Green Community Standards. Project partners include Ware Malcomb, raSmith, Integrity Structural Corp., Latimer Sommers & Associates, Terracon, Heartland Energy Consultants, Baker Tilly, ACC Management Group and Impact Housing Indiana, an organization dedicated to supporting residents of affordable housing communities within Annex’s portfolio. Impact Housing Indiana will have a dedicated onsite space within Union at Rose Park. Advantage Capital provided more than $9 million in federal equity and just under $3 million in state credit equity for the project. The Wisconsin Housing and Economic Development Authority allocated 4 percent tax credits, approximately $13.5 million in tax-exempt bonds and both a $1 million Vacancy-to-Vitality loan and a $125,000 Infrastructure Access Funding loan. Cedar Rapids Bank & Trust served as construction …

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndianaIndustrialMidwest

B&B Group to Open 36,000 SF Headquarters in Ingalls, Indiana

by Kristin Harlow

INGALLS, IND. — B&B Group, a Central Indiana property services company, has broken ground on its new headquarters at Park 69 within Ingalls, a northwest suburb of Indianapolis. The facility will serve as the headquarters for Real Time Detention and Real Time Furniture and is situated about a five-minute drive from the companies’ current offices in Noblesville. The relocation is expected to be completed in 2026. Developed by Podell Partners, the combined headquarters will span 36,000 square feet and feature a two-story office and showroom, column-free warehouse space and professional outside storage. B&B Group, Real Time Detention and Real Time Furniture plan to bring more than 25 jobs to Madison County. The project marks the second industrial facility developed by Podell Partners at Park 69, which encompasses 23 acres of master-planned industrial and multi-use space. The project received a 10-year real property tax abatement. Cam Kucic and Korey Ryan of Colliers represented the landlord in the transaction. Steve Schaub of Avison Young represented the tenant. Elements Financial provided construction financing. Systems Builders is serving as the general contractor.

Continue Reading
FacebookTwitterLinkedinEmail
IllinoisLeasing ActivityMidwestRetail

Four New Retail Tenants Sign Leases at Deer Park Town Center in Suburban Chicago

by Kristin Harlow

DEER PARK, ILL. — Four new retail tenants have signed leases to open at Deer Park Town Center in the Chicago suburb of Deer Park. LaserAway, now open, occupies an 1,819-square-foot store next to Sleep Number and offers laser hair removal technology and treatments. Eye care retailer Warby Parker will open in November. The 2,512-square-foot store is currently under construction and located near Banana Republic. Also opening in November, American Eagle will occupy 5,800 square feet. The space next to Bath & Body Works is currently under construction. Toastique, opening in winter 2025, serves gourmet toast, juice and coffee. The 1,400-square-foot restaurant will be the first Illinois location for the brand. Managed by JLL, Deer Park Town Center is an outdoor lifestyle shopping center that is home to more than 60 retail, restaurant and service brands.  

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts