DAYTON, TEXAS — JLL has negotiated the sale of Deacero Gulf Inland Logistics Park, a 444,120-square-foot manufacturing and distribution facility in Dayton, a northeastern suburb of Houston. The facility, which is located within the larger Gulf Inland Logistics Park development, was fully leased at the time of sale to Daecero Steel. Trent Agnew, Charlie Strauss and Lance Young of JLL represented the seller, Clay Development & Construction Inc., in the transaction. The buyer was Broadstone Net Lease (NYSE: BNL).
ROCKWALL, TEXAS — Marcus & Millichap has brokered the sale of a 10-building, 325,300-square-foot industrial park in Rockwall, a northeastern suburb of Dallas. The buildings were constructed on 21 acres in phases between 1976 and 1997 and feature 16- to 20-foot clear heights, as well as a total of 28 drive-in doors and 22 dock-high doors. Adam Abushagur, Davis Cagle, Tyler Ranft and Gunnar Vachris of Marcus & Millichap represented the seller, a local family partnership, in the transaction and procured the buyer, PlaceMKR.
HOUSTON — Hexatronic Data Center US, a Dallas-based firm that provides a range of services for the asset class, has signed a 12,365-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the building at 8801 Jameel Road was completed in 1981 and totals 47,932 square feet. Heath Donica, Jack Rathe and Natalie Gilbert of Stream Realty Partners represented the landlord, Bleeker Partners, in the lease negotiations. Kim Mathis of Partners Real Estate represented the tenant.
NEW YORK CITY — Dwight Mortgage Trust, the affiliate REIT of New York City-based Dwight Capital, has provided a $70 million construction loan for a proposed 180-unit multifamily project that will be located at 33-35 W. 125th St. in Harlem. The property will offer a mix of studio, one- and two-bedroom units, 30 percent of which will be reserved as affordable housing. Amenities will include a fitness center, rooftop terrace, lounge and a library, and the property will also house 17,440 square feet of commercial space. Keith Hoffman led the transaction for Dwight. The borrower is Irgang Group.
DELRAY BEACH, FLA. — 13th Floor Investments and Key International have broken ground on Skye, a 327-unit apartment community located in Delray Beach, approximately eight miles north of Boca Raton, Fla. CIBC Bank USA is providing a $79.2 million construction loan to finance the project. The Skye apartment complex is the second residential phase of the 50-acre Parks at Delray mixed-use development, following the debut of Savio, a 420-unit apartment complex. Skye is slated for completion in 2027. Designed by MSA Architects, Skye will offer studios, one-, two- and three-bedroom floorplans ranging in size from 560 to 1,410 square feet, as well as three-bedroom townhome options spanning up to 1,770 square feet. Amenities at the complex will include a beach-entry swimming pool with cabanas and a pool bar, parks with jogging trails and outdoor BBQs and an outdoor “tot lot” and children’s playroom. Additional amenities include a 24-7 fitness center, yoga room, dog park, coworking spaces with a business center, lounge, social club room with a kitchen and a bar. Residents also have access to package rooms, select garages, covered parking and complimentary Wi-Fi in common areas.
NEW SMYRNA BEACH, FLA. — GBT Realty Corp. has unveiled plans to develop Shops at New Smyrna, a 55,273-square-foot, grocery-anchored neighborhood shopping center located in New Smyrna Beach. Construction of the project is scheduled to begin in summer 2026, with completion set for summer 2027. A 23,273-square-foot Sprouts Farmers Market will anchor the development, which will also feature an additional 35,000 square feet of junior anchor and inline retail space across two buildings, as well as two one-acre outparcels. The tenant roster is expected to include fitness and restaurant users and soft goods services, among others.
BEL AIR, MD. — PMZ Realty Capital has arranged a $12 million bridge loan for Hilton Garden Inn Bel Air, an 83-room hotel located in Bel Air, roughly 30 miles northeast of Baltimore. A private lender provided the financing for the new bridge loan, which will replace the previous loan. The Hilton Garden Inn Bel Air features a heated indoor swimming pool, fitness center, complimentary Wi-Fi, free parking, electric vehicle charging stations, the Garden Grill & Bar hotel restaurant and 2,200 square feet of flexible meeting and event space.
DAVENPORT, FLA. — SRS Real Estate Partners has brokered the $5.4 million sale of a single-tenant retail property located in Davenport, roughly 25 miles southwest of Orlando. The Learning Experience, an early childhood education and childcare center, occupies the 10,000-square-foot building on a 20-year lease with 19 years remaining. The building also features a 5,000-square-foot outdoor play area. Built in 2024, the single-tenant property is situated within a larger retail development along U.S. Highway 27. William Wamble and Patrick Nutt of SRS Capital Markets represented the seller, a national commercial real estate investment and development company, in the transaction. The buyer was a Central Florida-based private investor. Both parties requested anonymity.
GLEN ALLEN, VA. — Colliers has negotiated a 100,125-square-foot industrial lease at Washington Highway Logistics Center in the northern Richmond suburb of Glen Allen. The tenant is Riverside Logistics, a third-party logistics and supply chain management company that manages a 1 million-square-foot warehouse portfolio. This lease joins the company’s recent signing at 200 Orleans St. in Richmond. Rob Dirom of Colliers represented the tenant in the lease negotiations. The landlord was not disclosed. Washington Highway Logistics Center totals 400,500 square feet across two buildings.
PHOENIX — San Diego-based ColRich has acquired Camden Copper Square, a multifamily community in downtown Phoenix, from Camden Property Trust for $77 million. The secure, gated community features 332 apartments, two parking structures, two swimming pool areas with barbecue grills and seating, an outdoor lounge with panoramic views, indoor coworking spaces, a 24-hour fitness center and a dog park. Matt Pesch, Asher Gunter, Sean Cunningham and Austin Groen of CBRE represented the seller in the deal. Trevor Breaux and Troy Tegeler of CBRE arranged financing for the buyer.