Property Type

Greater-Valwood-Industrial-Portfolio-Dallas

Cushman & Wakefield Brokers Sale of 775,013 SF Industrial Portfolio in Metro Dallas

by Taylor Williams July 3, 2025

DALLAS — Cushman & Wakefield has brokered the sale of the Greater Valwood Industrial Portfolio, a collection of seven buildings totaling 775,013 square feet in metro Dallas. The buildings are located in the Valwood/North Stemmons and Addison submarkets and were fully leased at the time of sale. Jim Carpenter, Jud Clements, Robby Rieke, Emily Brandt and Trevor Berry of Cushman & Wakefield represented the undisclosed seller in the transaction. John Alascio, T.J. Sullivan and Jason Blankfein, also with Cushman & Wakefield, arranged an undisclosed amount of acquisition financing through Lincoln Financial Group on behalf of the buyer, San Francisco-based investment firm Stockbridge Capital.

July 3, 2025

Acquisitions Multifamily Texas

Colliers Negotiates Sale of 252-Unit Green Arbor Apartments in Southeast Houston

by Taylor Williams July 3, 2025

HOUSTON — Colliers has negotiated the sale of Green Arbor Apartments, a 252-unit multifamily property in southeast Houston. The site spans 8.7 acres at 10601 Sabo Road in the Southbelt‑Ellington area, and the property offers one-, two- and three-bedroom units, some of which are equipped with private balconies/patios. Amenities include two pools and a playground. Chip Nash, Bob Heard and Jaleel Adatia of Colliers represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

July 3, 2025

Development Hospitality Texas

Peachtree Group, Merritt Top Out 171-Room Hotel in Downtown San Antonio

by Taylor Williams July 3, 2025

SAN ANTONIO — Atlanta-based hospitality owner-operator Peachtree Group and Austin-based Merritt Development Group have topped out construction of the 10-story, 171-room Residence Inn by Marriott hotel in downtown San Antonio. The hotel will feature studio suites with fully equipped kitchens and separate living and working areas. Amenities will include a fitness center, meeting rooms, outdoor social spaces and a coffee bar. Completion is slated for next summer.

July 3, 2025

Industrial Leasing Activity Texas

STATS International Signs 72,761 SF Industrial Lease in Rosenberg, Texas

by Taylor Williams July 3, 2025

ROSENBERG, TEXAS — STATS International has signed a 72,761-square-foot industrial lease in Rosenberg, a southwestern suburb of Houston. The pipeline services firm will occupy all three buildings on the 10-acre site at 3782 Reese Road for both maintenance and manufacturing purposes. Anthony Squillante and Drew Coupe of Avison Young represented the tenant in the lease negotiations. Ryan Wasaff, Brad Berry and Cole Bercher represented the landlord, local owner-operator The Welcome Group, on an internal basis.

July 3, 2025

Acquisitions Industrial Texas

Apricus, ABR Capital Buy 11.3-Acre Industrial Outdoor Storage Facility in Northwest Houston

by Taylor Williams July 3, 2025

HOUSTON — A partnership between Dallas-based Apricus Realty Capital and Baltimore-based ABR Capital Partners has purchased an 11.3-acre industrial outdoor storage (IOS) facility in northwest Houston. The site includes 32,358 square feet of crane-served warehouse space that is leased to Knight Oil Tools. Jason Tangen and Paul Dominique of Colliers represented the undisclosed seller in the transaction. C.W. Sheehan, Jack Britton, Peyton Ackerman and Nate Henderson of JLL arranged acquisition financing for the deal.

July 3, 2025

Acquisitions Georgia Industrial Southeast

JLL Negotiates Sale of 1 MSF Distribution Center in Rincon, Georgia Leased to NFI

by John Nelson July 3, 2025

RINCON, GA. — JLL has negotiated the sale of NFI Distribution Center Savannah, a 1 million-square-foot distribution facility located at 1200 Logistics Parkway in Rincon. The distribution center is fully leased to National Distribution Centers LLC, a major subsidiary of New Jersey-based supply chains solutions provider NFI Industries. Britton Burdette, John Huguenard, Dennis Mitchell, Jim Freeman and Maggie Dominguez of JLL represented the seller, a joint venture between Becknell Industrial and Goldman Sachs Alternatives, in the transaction. Stockbridge purchased the Class A facility for an undisclosed price. Situated within Old Augusta Commerce Center, the cross-dock property is situated 10.7 miles from the Port of Savannah’s Garden City Terminal and within five miles of I-95. The property was completed in 2022 and features 40-foot clear heights, 190-foot truck courts, 270 trailer parking spaces (expandable to 307) and 102 dock levelers.

July 3, 2025

California Development Industrial Western

Partnership Breaks Ground on 700,000 SF Industrial Project in Ontario, California

by Amy Works July 3, 2025

ONTARIO, CALIF. — Real Estate Development Associates and Clarion Partners, along with Premier Design + Build Group, have broken ground on South Ontario Logistics Center — Building 6 (SOLC) in Ontario. Slated for delivery in June 2026, the 700,000-square-foot asset will feature 113 dock doors, 261 trailer stalls, 445 parking spaces, dual 2,000-kilowatt generators and a 16,000-amp electrical service.

July 3, 2025

Acquisitions Multifamily Washington Western

Goodman Real Estate Sells Two-Property Multifamily Portfolio in Tacoma, Washington for $43M

by Amy Works July 3, 2025

TACOMA, WASH. — Goodman Real Estate has completed the sale of Sienna and Sienna Park, two multifamily properties in Tacoma, to Interstate Equities Corp. for $43 million, or $173,387 per unit. Located adjacent to one another, the properties offer a total of 248 units. Built in 1986, Sienna offers 80 two- and three-bedroom apartments spread across eight residential buildings. Constructed in 1988, Sienna Park offers 168 one-, two- and three-bedroom apartments across 17 buildings. The communities share an onsite leasing office and resident clubhouse, an outdoor pool, fitness center and standalone cabana. Giovanni Napoli, Philip Assouad, Nick Ruggiero and Anthony Palladino of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller and procured the buyer in the deal.

July 3, 2025

Development Florida Retail Southeast

GBT Realty Breaks Ground on Sprouts-Anchored Shopping Center in Metro Orlando

by John Nelson July 3, 2025

CLERMONT, FLA. — GBT Realty Corp. has broken ground on Hammock Ridge Commons, a 30,500-square-foot shopping center located in Clermont, approximately 25 miles east of Orlando. An entity doing business as Shoppes at Hammock Ridge Crossing LLC sold the original 3.7-acre land parcel to the Brentwood, Tenn.-based developer for $2.5 million. A 23,273-square-foot Sprouts Farmers Market will anchor Hammock Ridge Commons, which will be the first store in Lake County for the Arizona-based specialty grocer. Additional tenants will include a dentist and nail salon, and roughly 1,700 square feet of inline space is still available for lease at the center. The general contractor, J. Raymond Construction Corp., plans to deliver Hammock Ridge Commons in spring 2026.

July 3, 2025

Acquisitions Kentucky Retail Southeast

Boulder Group Arranges $3.7M Sale of Single-Tenant Retail Property in Louisville Leased to Chase Bank

by John Nelson July 3, 2025

LOUISVILLE, KY. — The Boulder Group has arranged the $3.7 million sale of a single-tenant retail property located at 3600 Bardstown Road in Louisville. Chase Bank occupies the 3,176-square-foot property on a triple-net lease, which has more than 11 years remaining on the term and two five-year renewal options with built-in 10 percent rental escalations. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the buyer, a Midwest-based institution, and the seller, a private family from the Midwest, in the transaction. Both parties requested anonymity. The Chase Bank property serves as an outparcel to a Lowe’s Home Improvement store and is situated within one mile of I-264.

July 3, 2025

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