Property Type

Coro Realty Purchases 239,370 SF Industrial Property in Birmingham

by John Nelson January 29, 2026

BIRMINGHAM, ALA. — Coro Realty has acquired a 239,370-square-foot industrial facility located at 3501 1st Ave. N in Birmingham’s Eastside submarket. Tripp Alexander and Will Canary of Colliers represented Coro Realty in the $13.8 million transaction. Jake Viverette and Will Redding with The Overton Group, along with Edwin Moss and Benjamin Bottcher of JH Berry, represented the undisclosed seller. Bobby Norwood of JLL arranged an undisclosed amount of acquisition financing on behalf of Coro Realty via Seacoast Bank. Originally built in 1965, the property was fully leased at the time of sale to tenants including the U.S. Postal Service, Division 7 Supply and Sara Sells. The infill facility is situated on a nine-acre site near downtown Birmingham and I-20 and features 20 dock-high doors, LED lighting and a rail spur with potential connectivity to an active Norfolk Southern line.

January 29, 2026

Development Industrial North Carolina Southeast

Partnership Breaks Ground on 194,232 SF Industrial Facility in Charlotte

by John Nelson January 29, 2026

CHARLOTTE, N.C. — A partnership between Iconic Equities, Shoreline Capital, Overlook Ventures and LaSalle Investment Management has broken ground on Pineville Distribution Center, a 194,232-square-foot industrial facility in Charlotte’s Southwest submarket. The property is located on 15 acres at 10203 Pineville Distribution St. The ownership has tapped Bradley Dunn and Bill Wood of Trinity Partners to lease Pineville Distribution Center. The co-developers plan to deliver the facility in mid-to-late 2026. Physical features of the project were not released.

January 29, 2026

Waldorf-Astoria-Deer-Valley-Park-City-UT

Development Hospitality Utah Western

Waldorf Astoria Hotels & Resorts to Join Deer Valley East Village in Park City, Utah

by Amy Works January 29, 2026

PARK CITY, UTAH — New York-based Extell Development Co. and Hilton have announced that Waldorf Astoria Deer Valley Resort and Residences will join Deer Valley East Village in Park City. Slated to debut in 2028, the ski-in, ski-out resort will be the first major public alpine ski resort to be developed in North America in more than 40 years. Waldorf Astoria Deer Valley Resort and Residences will feature 132 hotel keys and 105 one- to six-bedroom branded residences available for purchase ranging from 1,099 square feet to 5,155 square feet across two towers. The for-purchase units will include 56 hotel residences located above the hotel and 49 private residences in a standalone Waldorf Astoria Residences Deer Valley tower. Onsite amenities will include a 15,000-square-foot state-of-the-art spa with treatment rooms, thermal features and a snow room; fitness centers; ski valley and concierge services; a golf simulator; a kid’s room; a resident’s pool deck along the Green Monster, Deer Valley’s 4.8-mile ski run; an indoor lap pool; and an outdoor pool and hot tub cantilevered over the ski run below. The property will also feature numerous bars, restaurants and lounges, including Waldorf Astoria’s signature Peacock Alley; 11,300 square feet of meeting and event …

January 29, 2026

Acquisitions California Development Loans Multifamily Western

HSR, Haseko North America Close on Land, Secure Loan for 281-Unit Apartment Complex in Los Angeles

by Amy Works January 29, 2026

LOS ANGELES — High Street Residential (HSR), the residential subsidiary of Trammell Crow Co., and joint venture partner Haseko North America have closed on the land and secured a loan for the development of Jules San Pedro, an apartment community in Los Angeles’ San Pedro Waterfront Arts District. The site was acquired on Jan. 13. Terms of the transaction were not disclosed. Situated waterfront at 155 W. 6th St., the eight-story multifamily property will feature 281 apartments and 1,276 square feet of ground-floor corner retail space. Jules San Pedro will occupy a 1.2-acre full city block and is directly adjacent to the new Piazza Miramere. Designed by KFA Architecture, Jules San Pedro will offer a mix of studio, one- and two-bedroom floor plans. Community amenities will include a pool deck and courtyard with a sauna, spa and clubhouse, a central water-facing courtyard with indoor/outdoor fitness, a sky lounge and rooftop deck, multiple barbecue areas, a pet spa and an oversized coworking space with multiple conferences and work areas. The project will be Greenpoint Rated and feature sustainable elements, including electric vehicle charging stations and a rooftop, net-metered solar photovoltaic system. Groundbreaking is slated for later this quarter, with delivery scheduled for …

January 29, 2026

California Loans Multifamily Western

PSRS Arranges $6.9M in Construction Financing for Multifamily Project in Los Angeles

by Amy Works January 29, 2026

LOS ANGELES — PSRS has arranged $6.9 million in construction financing for AH Los Angeles, a multifamily development in Los Angeles. The ground-up project will feature 40 units dedicated entirely to affordable housing. Michael Warner of PSRS worked with a local bank to secure the loan, which features a 68 percent loan-to-cost ratio and interest-only payments for 24 months, on behalf of the repeat borrower.

January 29, 2026

Acquisitions Affordable Housing Development Multifamily Texas

Fairstead Buys East Houston Affordable Housing Community for $43.3M, Plans $14M Renovation

by Taylor Williams January 29, 2026

HOUSTON — Fairstead, an affordable housing owner-operator based in New York City, has purchased Coolwood Oaks, a 168-unit affordable housing complex in East Houston, for $43.3 million. Built in 1984, the 10-building property houses units that are reserved for households earning 60 percent or less of the area median income. Fairstead plans to implement a $14 million renovation of the property and has tapped DNA Workshop as the architect and interior designer for the project. Financing for the acquisition and capital improvements included LIHTC equity and loans from a variety of sources, including PNC Bank, Houston Housing Finance Corp. (HHFC) and the Texas Department of Housing and Community Affairs (TDHCA). FTK Construction Services will be the general contractor for the renovation.

January 29, 2026

Acquisitions California Restaurant Retail Western

RealSource Group Arranges $3.2M Sale of McDonald’s-Occupied Retail Property in Southern California

by Amy Works January 29, 2026

WILDOMAR, CALIF. — RealSource Group has arranged the $3.2 million sale of a newly constructed, single-tenant restaurant property located within the Canyon Plaza retail development in Wildomar. McDonald’s occupies the 4,000-square-foot building, which includes a dual-lane prototype design, on a new 20-year absolute triple-net ground lease. Jonathan Schiffer and Austin Blodgett of RealSource represented the seller, a private Southern California-based developer. Dustin Lee of J&C Investment Group represented the buyer, a private international investor, in the transaction.

January 29, 2026

Development Office Texas

Accesso to Renovate 235,620 SF Office Building in West Houston

by Taylor Williams January 29, 2026

HOUSTON — Accesso, a Florida-based owner-operator, will renovate 3900 Essex, a 235,620-square-foot office building in West Houston. Plans for the capital improvement project include lobby renovations and construction of several spec suites throughout the 12-story building. These upgrades build on recently completed enhancements of the HVAC, fire and security systems and newly updated common areas and amenity spaces at 3900 Essex, including a fitness center and a conference facility. Accesso also secured a two-year loan extension in conjunction with the announcement of new capital improvements.

January 29, 2026

Acquisitions Retail Texas

JLL Brokers Sale of 220,938 SF Retail Portfolio in Lubbock, Brownwood

by Taylor Williams January 29, 2026

LUBBOCK AND BROWNWOOD, TEXAS — JLL has brokered the sale of a portfolio of two retail properties totaling 220,938 square feet in Texas. Northpark Village is a 70,479-square-foot center in Lubbock that is anchored by United Supermarkets. Commerce Square is a 150,459-square-foot center in Brownwood, about 150 miles southwest of Fort Worth, that is home to tenants such as Aldi, T.J. Maxx, Boot Barn, Harbor Freight, Buffalo Wild Wings and Hibbett Sports. Both centers were fully leased at the time of sale. Chris Gerard and Adam Howells of JLL represented the seller, Cincinnati-based shopping center REIT Phillips Edison & Co., in the transaction. The buyer was Dallas-based Dunhill Partners.

January 29, 2026

Acquisitions Industrial Texas

Zenith IOS Acquires 137,000 SF Portfolio in Houston in Sale-Leaseback Deal

by Taylor Williams January 29, 2026

HOUSTON — Zenith IOS, a New York City-based owner-operator of industrial outdoor storage (IOS) facilities, has acquired a portfolio of three properties totaling roughly 137,000 square feet in Houston. Zenith acquired the 20-acre portfolio in a 10-year sale-leaseback with the tenant, Houston-based C&D Scrap Metal. The addresses of the properties and the sales price of the transaction were not disclosed.

January 29, 2026

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