TOMBALL, TEXAS — Atlanta-based developer Wood Partners has broken ground on Alta Timberline, a 204-unit multifamily project in Tomball, a northern suburb of Houston. Alta Timberline will consist of seven three-story buildings that will house one-, two- and three-bedroom units. Residences will be furnished with stainless steel appliances, granite countertops and individual washers and dryers. Ground-floor residences will feature private yards, and upper-level apartments will have balconies. Amenities will include a pool, fitness center, two pickleball courts, a dog park, business lounge, coffee bar and outdoor grilling and dining stations. Completion is slated for summer 2027.
THOMPSON’S STATION, TENN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of Newport Station, a 192-unit apartment community located on a 13-acre site in Thompson’s Station, a southern suburb of Nashville. David Stollenwerk, Christian Farris, Will Balthrope and Drew Garza of IPA represented the seller and procured the buyer in the transaction. The sales price was also not disclosed. Jody McKibben served as Marcus & Millichap’s broker of record in Tennessee in the deal. Completed in 2024, Newport Station features garden-style apartments averaging 1,287 square feet in size, as well as a resort-style swimming pool, fitness center and a dog park.
HOUSTON — Marcus & Millichap has brokered the sale of Huntwick Village, a 61,982-square-foot shopping center in northwest Houston. Built in 1980, the center is home to tenants such as Krazy Seafood, Jinya Ramen Bar, Jawhealth Dental, Sena Pharmacy, Los Reyes Mexican Restaurant and Da’ Town Sports Bar & Lounge. Scott Abeel and Philip Levy of Marcus & Millichap represented the seller, a private owner, in the transaction, and procured the buyer, a private equity firm. Both parties were Houston-based entities that requested anonymity.
ALPHARETTA, GA. — Onward Investors, an alternative investment firm based in Minneapolis, has recently taken ownership of a 306,000-square-foot office property in Alpharetta, a northern suburb of Atlanta. The buildings include 800 and 900 North Point Parkway, which sit north of the Ga. Highway 400 and Old Milton Parkway interchange. Onward Investors acquired the senior loan secured by the property last October. 800 and 900 North Point Parkway were 45 percent leased at the time of sale and include a recently reimagined courtyard, tenant lounge and conference center.
PLANO, TEXAS — Riken Vitamin Co. has signed a 12,653-square-foot lease in Plano. The Japanese producer of food additives and vitamins is relocating from California to R&D at Legacy, a 374,275-square-foot flex development. Doug Carignan and Landon Brune of CBRE represented the tenant in the lease negotiations. Chase Lopez, James Mantzuranis and Sam Bass of Stream Realty Partners represented the landlord, BH Properties.
NEW YORK CITY — JLL has arranged a $370 million bridge loan for the refinancing of Society Brooklyn, a 517-unit apartment complex in the borough’s Gowanus neighborhood. Society Brooklyn comprises 385 market-rate units and 132 affordable housing units, as well as 57,288 square feet of retail and commercial space, across two buildings. Residences are furnished with stainless steel appliances, Caesarstone countertops and individual washers and dryers. Amenities include fitness centers, yoga studios, screening rooms, coworking spaces, rooftop terraces and pool decks with barbecue areas. Christopher Peck, Peter Rotchford and Nicco Lupo of JLL arranged the three-year loan through Brookfield Asset Management. The borrower is a partnership between Property Markets Group and The Carlyle Group.
SOUTH RIVER, N.J. — Locally based developer CrownPoint Group has broken ground on an 854-unit self-storage facility in South River, located roughly midway between Newark and Trenton. The three-story facility at 696 Old Bridge Turnpike will span 105,487 net rentable square feet of climate-controlled space. According to NJ.com, the site formerly housed a car dealership, and the facility will have an average unit size of 90 square feet and will include 15 exterior access units. The local publication also reports that JLL arranged construction financing for the project. ExtraSpace Storage will operate the facility, which is expected to be complete before the end of the year.
WORCESTER, MASS. — Northmarq has negotiated the sale of a 66,682-square-foot grocery store in the Central Massachusetts city of Worcester. The Worcester Business Journal reports that the sales price was $31 million and that the buyer was an affiliate of Fidelity Investments. Regional grocer Shaw’s has occupied the space at 14 W. Boylston St. since 2004. Josh Dicker and Zach Pool led the Northmarq team that brokered the deal. According to Northmarq, the deal marked the largest single-tenant grocery sale in Massachusetts in 2025.
PHILADELPHIA — Marcus & Millichap has brokered the sale of a 33,762-square-foot industrial building in northeast Philadelphia. Built in 2004 and renovated in 2012, the single-tenant facility at 10049 Sandmeyer Lane features a clear height of 20 feet and was fully leased at the time of sale. Andre Fannin and Brian Higgins of Marcus & Millichap represented the seller and occupant, Dixon-Shane LLC, a subsidiary of Amneal Pharmaceuticals, in the transaction. The buyer was Faropoint.
GENEVA, ILL. — Octave Holdings has acquired Randall Square, a 171,860-square-foot shopping center in the western Chicago suburb of Geneva. Tenants include Nordstrom Rack, Marshalls, Ulta, PetSmart, Skechers, Five Below, Uncharted and Old Navy. Joe Girardi and Emily Gadomski of Mid-America Real Estate Corp. represented the seller, Viking Partners. The sales price was $29 million, according to public records.