Monday, May 11, 2026
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OfficeTexas

Cushman & Wakefield Negotiates 152,086 SF Office Lease in Irving for Tech Firm

by Taylor Williams

IRVING, TEXAS — Cushman & Wakefield has negotiated a 152,086-square-foot office lease at 6011 Connection Drive within the Las Colinas district in Irving. Gartner Inc., a Connecticut-based technology research and advisory firm will occupy the entire building through 2034. Andy May, Matt Heidelbaugh and Amber Roberts of Cushman & Wakefield represented Gartner in the lease negotiations. Joel Pustmueller and Sarah Hinkley of Peloton Commercial Real Estate represented the landlord, Piedmont Office Realty Trust.  

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RetailTexas

STRIVE Brokers Sale of 45,804 SF Shopping Center in Metro Dallas

by Taylor Williams

RED OAK, TEXAS — STRIVE has brokered the sale of Sierra Marketplace, a 45,804-square-foot shopping center located at 132 E. Ovilla Road in Red Oak, about 20 miles south of Dallas. The center was 100 percent leased at the time of sale to tenants such as Anytime Fitness, Dollar Tree and Jackson Hewitt Tax Services. The buyer and seller were not disclosed, but both parties are based in Texas.

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IndustrialMidwestMinnesota

CBRE Arranges $70.6M Sale of 1.2 MSF Industrial Portfolio in Suburban Twin Cities

by Kristin Harlow

MINNEAPOLIS — CBRE has arranged the sale of a 1.2 million-square-foot industrial portfolio in the Twin Cities metro area for $70.6 million. The portfolio, which features 14 buildings across seven properties, includes: Corporate Square in Eagan; Eagan Industrial Warehouse in Eagan; Braemar Business Center in Bloomington; Northpoint Industrial Center in Fridley; France Avenue Business Park in Brooklyn Center; Round Lake Business Center in Arden Hills; and Burnsville Business Center in Burnsville. The portfolio was 81 percent leased at the time of sale to tenants such as Ameriprise Inc., Staples, Supply Technologies LLC and Galil Medical Inc. Ryan Watts, Judd Welliver, Sonja Dusil and Tom Holtz of CBRE marketed the portfolio for sale on behalf of Artis REIT. Capital Partners LLP purchased the portfolio in a joint venture with PCCP LLC.

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Urban-Edge-Properties-NY-NJ
IndustrialLoansNew JerseyNew YorkNortheast

HFF Arranges $663M in Financing for Retail Properties in New York, New Jersey for Urban Edge Properties

by Amy Works

NEW YORK AND NEW JERSEY — HFF has arranged 16 financings totaling $663 million secured by 15 retail properties and one industrial property totaling 4.6 million square feet in New York and New Jersey. Scott Aiese, Jon Mikula and Mike Tepedino of HFF secured the 16 separate loans with two CMBS lenders, three life company lenders and one bank for the borrower, Urban Edge Properties. The loans include 14 fixed- and two floating-rate facilities with terms ranging from seven to 13 years. Loan proceeds will be used to pay off existing CMBS debt and create additional proceeds, while staggering and lengthening the duration of the borrower’s maturity schedule. The portfolio comprises 98.1-percent-leased retail centers anchored by grocery stores, including ShopRite, Stop & Shop and Aldi; The Home Depot; Lowe’s Home Improvement Warehouse; Costco; BJ’s Wholesale Club and Walmart; and one multi-tenant warehouse property in East Hanover, N.J. The 16 properties are in dense submarkets with affluent demographics, including 15 located in New Jersey and one in New York.

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Cambridge-College-Charlestown-MA
CivicMassachusettsNortheast

Callahan Construction Managers Completes 108,000 SF Facility for Cambridge College’s Relocation

by Amy Works

CHARLESTOWN, MASS. — Callahan Construction Managers has completed the construction of Cambridge College’s campus relocation project. Located in Hood Business Park in Charlestown, the project comprises a 108,000-square-foot tenant fit-out with modern classrooms, laboratories, meeting rooms, offices, administrative areas, studies and lounges. Designed by Wilson Architects, the facility features state-of-the-art audio/visual communications and teaching technologies, as well as ancillary support spaces for the college.

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The-Bixby-Haverhill-MA
MassachusettsMultifamilyNortheast

CBRE/NE Arranges $22.5M Sale of Apartment Building in Haverhill, Massachusetts

by Amy Works

HAVERHILL, MASS. — CBRE/New England has brokered the sale of The Bixby, an apartment property located in Haverhill. A partnership between an affiliate of Boston Andes Capital and William Braucher sold the property to Blackfin Real Estate Investors in a joint venture with True North Management Group for $22.5 million. The 12-story apartment building features 128 units in a mix of studio, one- and two-bedroom layouts. Community amenities include a resident lounge with entertainment kitchen, smart televisions, a pool and shuffle board tables, an outdoor riverfront deck, a game room, a fitness center and a landscaped courtyard. Between 2016 and 2017, Boston Andes Capital implemented $4 million in capital improvements at the property. Simon Butler and Biria St. John of CBRE/NE represented the seller and procured the buyer in the deal.

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LoansMassachusettsMultifamilyNortheast

KeyBank Provides $82M in FHA Financing for Massachusetts Multifamily Portfolio

by Amy Works

HOLBROOK, DORCHESTER AND WEYMOUTH, MASS. — KeyBank Real Estate Capital has provided $82 million in 223(f) FHA financing to the Corcoran, Mullins and Jennison group for the refinancing of a five-property mixed-income and age-restricted housing portfolio in Massachusetts. The properties are Savin Hills Apartments, an age-restricted, affordable housing asset with a project-based Housing Assistance Payments contract in Dorchester; Ramblewood in Holbrook; and a property in Weymouth. Together the properties total 574 units. Dirk Falardeau, Todd Goulet and Matthew Purcell of KeyBank’s Income Property and Commercial Mortgage Groups originated the loan for the sponsors, Corcoran, Mullins and Jennison Inc. and Corcoran Jennison Co.

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15-21-University-Rd-Canton-MA
IndustrialMassachusettsNortheast

Calare Properties Acquires 103,200 SF Industrial Building in Canton, Massachusetts

by Amy Works

CANTON, MASS. — Calare Properties has purchased an industrial property, located at 15-21 University Road in Canton, for an undisclosed price in an off-market transaction. Situated on 17 acres, the 103,200-square-foot property was vacant at the time of sale. The property features 14 loading docks, six drive-in docks, more than 300 parking spaces and flexible floor plans. The name of the seller was not released.

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MidwestMissouriMultifamily

Opus Completes 120-Unit Luxury Apartment Property in Suburban St. Louis

by Kristin Harlow

CLAYTON, MO. — The Opus Group has completed the development and construction of Ceylon Luxury Apartments in Clayton, a suburb of St. Louis. The apartment property features 120 units and first-floor retail space. Ceylon offers two amenity decks with a fitness center, conference room, coffee bar, game room and fire pit. Smoothie King will occupy 1,377 square feet of the retail space, which totals 13,297 square feet. Chris Zoellner and Jared Hancock of Balke Brown Transwestern are marketing the remaining retail space for lease. Opus Development Co. was the project developer and Opus Design Build was the design-builder. Opus AE Group served as architect, structural engineer and interior designer.

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IllinoisIndustrialMidwest

Windy City Wire Signs 247,500 SF Industrial Lease Renewal in Bolingbrook, Illinois

by Kristin Harlow

BOLINGBROOK, ILL. — Windy City Wire Cable and Technology Products LLC has signed an industrial lease renewal and expansion in Bolingbrook, a southwest suburb of Chicago. The cable management company now occupies the entire 247,500-square-foot facility, which is located at 386 Internationale Drive. The property features 30-foot clear heights, 42 exterior docks and nine drive-in doors. Kevin Mackey of TIG represented Windy City Wire in the transaction. ML Realty Partners is the property landlord.

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