Property Type

Amazon to Close Go and Fresh Physical Stores, Plans to Open 100 Whole Foods Locations

by Kristin Harlow January 28, 2026

SEATTLE — Amazon (NASDAQ: AMZN) has unveiled plans to close its Amazon Go and Amazon Fresh physical stores, converting various locations into Whole Foods Market stores. The Seattle-based e-commerce giant states that it hasn’t “yet created a truly distinctive customer experience with the right economic model needed for large-scale expansion.” Customers can continue to shop Amazon Fresh online in available areas for delivery. At the same time, Amazon plans to open more than 100 new Whole Foods Market stores over the next few years, citing increased investment in “physical stores that are resonating with customers.” Amazon acquired the Austin-based natural and organic foods grocer in 2017 in a $13.7 billion deal. Since then, the brand has experienced over 40 percent sales growth and expansion to more than 550 locations. There are 14 Amazon Go convenience stores located in Washington, California, Illinois and New York. According to the company, Amazon Go locations served as innovation hubs where Amazon developed Just Walk Out technology — now a scalable checkout-free solution operating in over 360 third-party locations across five countries. There are 58 Amazon Fresh grocery stores located in California, Illinois, New York, New Jersey, Maryland, Pennsylvania, Washington, Viriginia and Tennessee. Amazon says …

January 28, 2026

Acquisitions Loans Multifamily Texas

IPA Arranges Sale of 330-Unit Sola Galleria Apartments in Farmers Branch, Texas

by Taylor Williams January 27, 2026

FARMERS BRANCH, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Sola Galleria, a 330-unit apartment community in the northern Dallas metro of Farmers Branch. The property offers one- and two-bedroom units and amenities such as a pool, fitness center, computer lounge, coffee bar, clubhouse kitchen, zen lounge, outdoor grilling and dining stations and a gaming/media room. Joey Tumminello, Drew Kile, Taylor Hill, Michael Ware and Jack Windham of IPA represented the seller, a partnership between HLC Equity and The Hampshire Cos., in the transaction. Cameron Chalfant, Brian Eisendrath, Harry Krieger and Scott Arenzon, also with IPA, arranged an undisclosed amount of acquisition financing for the deal on behalf of the buyer, San Diego-based MG Properties. The new ownership has rebranded the property as Layers Galleria.

January 27, 2026

Acquisitions Affordable Housing Multifamily Texas

Silverstone, JSB Capital Buy 277-Home Build-to-Rent Portfolio in Midland, Texas

by Taylor Williams January 27, 2026

MIDLAND, TEXAS — A joint venture between Silverstone Partners and JSB Capital Group has purchased a portfolio of four build-to-rent properties totaling 277 homes in the West Texas city of Midland. The specific names and addresses of the properties, which are collectively known as The Seed Portfolio, were not disclosed. The portfolio features an average home size of 1,300 square feet. The seller was Related Cos. Silverstone affiliate Claireville Residential will manage the properties.

January 27, 2026

Acquisitions Retail Texas

Joint Venture Acquires 102,803 SF Shopping Center in San Antonio

by Taylor Williams January 27, 2026

SAN ANTONIO — A joint venture between two Texas-based retail owner-operators, San Antonio-based Headwall Investments and Houston-based Fifth Corner, has acquired a 102,803-square-foot shopping center in San Antonio. Sunset Ridge Shopping Center was originally built in 1950 and was 96 percent leased at the time of sale to a roster of more than 25 tenants, including Jefferson Bank, Great Clips, Baskin-Robbins and Orangetheory Fitness. The seller and sales price were not disclosed.

January 27, 2026

Leasing Activity Office Texas

SunStrong Management Signs 18,280 SF Office Lease at Greenway Plaza in Houston

by Taylor Williams January 27, 2026

HOUSTON — SunStrong Management has signed an 18,280-square-foot office lease at the 52-acre Greenway Plaza office complex in Houston. The solar asset management and service firm will occupy space on the fifth floor at 20 Greenway Plaza, a 433,132-square-foot building. Alvarez & Marsal represented the tenant in the lease negotiations. Steve Rocher and Rima Soroka of CBRE represented the landlord, Los Angeles-based Stockdale Capital Partners.

January 27, 2026

Loans Multifamily New York Northeast

Wells Fargo Provides $224.3M in Bridge Financing for Queens Apartment Tower

by Taylor Williams January 27, 2026

NEW YORK CITY —Wells Fargo has provided $224.3 million in bridge financing for The Italic, a 50-story apartment tower in the Long Island City area of Queens. Designed by SLCE Architects and built by Hunter Roberts Construction Group, the building houses 363 units in studio, one-, two- and three-bedroom units, with 109 residences designated as affordable housing. Amenities include a communal lounge, fitness center, golf simulators, a basketball court, coworking spaces and a rooftop terrace. The building also houses commercial space. Construction on The Italic topped out in late 2023, and leasing launched in spring 2025. Christopher Peck, Nicco Lupo, Michael Shmuely and Alex Staikos of JLL arranged the financing on behalf of the owner, a joint venture between Fetner Properties, Lions Group and The Carlyle Group. JLL also arranged the original construction loan for the project in spring 2023.

January 27, 2026

Development Loans Multifamily Northeast Pennsylvania

Eastdil Secured Arranges $140.7M in Construction Financing for Metro Philadelphia Multifamily Project

by Taylor Williams January 27, 2026

ARDMORE, PA. — Eastdil Secured has arranged $140.7 million in construction financing for a 270-unit multifamily project in Ardmore, a northwestern suburb of Philadelphia. The development is known as The Plaza at Ardmore, and the financing consists of a $112.6 million senior loan from Bank OZK and a $28.1 million mezzanine loan from Affinius Capital. Units will come in studio, one-, two- and three-bedroom floor plans. Amenities will include a pool, outdoor grilling and dining stations, a fitness center and dedicated coworking and private study spaces, as well as 30,000 square feet of ground-floor retail space. Nick Seidenberg of Eastdil Secured arranged the financing on behalf of the borrower, an affiliate of Piazza Auto Group, which has partnered with Radnor Property Group for the overseeing of development and construction of the project. A tentative completion date was not announced.

January 27, 2026

Acquisitions New Hampshire Northeast Retail

Torrington Buys Retail Power Center in Rochester, New Hampshire for $51.3M

by Taylor Williams January 27, 2026

ROCHESTER, N.H. — Locally based investment firm Torrington has purchased The Ridge, a 300,000-square-foot retail power center in Rochester, located along the Maine-New Hampshire border, for $51.3 million. The Ridge is an open-air center that is home to approximately 30 tenants, including Walmart, Market Basket, Marshalls, Hobby Lobby, Old Navy, NH Liquor & Wine Outlet, 110 Grill, Ulta Beauty and Gentle Dental. Waterstone Properties was the seller.

January 27, 2026

Development Industrial New Jersey Northeast

Hillwood Breaks Ground on Spec Industrial Project in Hamilton, New Jersey

by Taylor Williams January 27, 2026

HAMILTON, N.J. — Texas-based developer Hillwood has broken ground on a speculative industrial project in Hamilton, located outside of Trenton in Central New Jersey. The square footage was not disclosed. The 36-acre site at 2772 Kuser Road is located less than two miles from Exit 7A off the New Jersey Turnpike, and the building will feature a clear height of 36 feet. Completion is slated for the third quarter. Cushman & Wakefield has been named as the leasing agent.

January 27, 2026

Acquisitions California Multifamily Western

Bascom Northwest Divests of Tempo at Riverpark Apartments in Oxnard, California for $105M

by Amy Works January 27, 2026

OXNARD, CALIF. — Bascom Northwest Ventures, through an affiliate venture, has completed the sale of Tempo at Riverpark Apartments in Oxnard, to a venture led by Hines for $105 million. Blake Rogers, Alex Caniglia and Kip Malo of JLL handled the transaction. Apartment Management Consultants managed the community for Bascom Northwest over the holding period. Located less than one mile from the Pacific Ocean, Tempo at Riverpark features 235 apartments with in-unit laundry, stainless steel appliances, custom sliding barn doors, large bedrooms, spacious open floor plans and balconies or patios. Community amenities include an outdoor pool and spa, poolside cabanas, an outdoor barbecue area and fireplace, a 24/7 fitness center, yoga/spinning room and attached garages. Bascom Value Added Apartment Investors Fund IV, an affiliate of The Bascom Group, and a private investment group led by Bascom Northwest purchased the property for $75.2 million in 2028. Brian Wirtz of Bascom Northwest assisted throughout the investment execution process.

January 27, 2026

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