LONDON, KY. — Lexington-based NAI Isaac has arranged a lease with Baptist Health, a not-for-profit healthcare system, at a 30,000-square-foot medical facility in London in southeast Kentucky. Adjacent to the London Women’s Care Medical Plaza, the three-story building was built in 1992 and is located at 1406 W. Fifth St. Paul Ray Smith Jr. and Zach Smith of NAI Isaac represented the landlord in the lease negotiations.
Property Type
FORT WORTH, TEXAS — Atlanta-based developer Wood Partners has broken ground on Alta River Park, a 365-unit multifamily project in Fort Worth. Located just west of the Chisholm Trail Toll Road on the city’s southwest side, the property will offer studio, one-, two- and three-bedroom units. Amenities will include a pool, pet facilities, pickleball court, outdoor activity space, bike storage, a sky deck and direct trail access to the Trinity Clearfork trail system. The first units are expected to be available for occupancy next fall, with full completion slated for spring 2027.
HOUSTON — A partnership between Denver-based Quannah Partners and Chicago-based LaSalle Investment Management will develop a 183,301-square-foot speculative industrial building in northwest Houston. Known as 290 Crossroads Commerce Center, the rear-load facility will feature 32-foot clear heights, 185-foot truck court depths, 3,000 square feet of office space and an ESFR sprinkler system. Project partners include Powers Brown Architecture, Rosenberger Construction, Pape-Dawson (civil engineer), Veritex Bank (construction lender) and Colliers (leasing agent). Delivery is slated for early 2026.
HOUSTON — Locally based brokerage firm Oxford Partners has negotiated the sale of a 22,813-square-foot industrial building in northwest Houston. According to LoopNet Inc., the single-tenant building at 11407 Charles Road was originally constructed in 1997 and renovated in 2015. Perry Mazzone and Ryan Hartsell of Oxford Partners represented the buyer, an entity doing business as Illinois 3 Properties LLC, in the transaction. Andrew Laycock of Partners Real Estate represented the undisclosed seller.
GRAPEVINE, TEXAS — Vidorra will open a 7,879-square-foot Mexican restaurant at 700 W. State Highway 114 in Grapevine, located in the northern-central part of the metroplex. According to LoopNet Inc., the freestanding building was originally built in 1991 and was previously home to Romano’s Macaroni Grill. Emilie Paulson of Weitzman represented the undisclosed landlord in the lease negotiations Michael Walters of Falcon Realty Advisors represented Vidorra, which expects to open in December.
ALICE, TEXAS — California-based brokerage firm Hanley Investment Group has arranged the sale-leaseback of a 2,608-square-foot restaurant building in Alice, about 50 miles east of Corpus Christi, that is net leased to Dairy Queen. The building was originally constructed in 1983 and renovated in 2015. Garrett Wood of Hanley represented the seller, R&L Lozano Leasing (dba F&P Development), in the transaction. David Bynum of Bynum Inc. represented the buyer, a California-based private investor.
HAUPPAUGE AND ISLANDIA, N.Y. — Black Bear Capital Partners (BBCP) has arranged a $42.5 million CMBS loan for the refinancing of the 400,000-square-foot Crossroads Office Portfolio on Long Island. The portfolio consists of 13 buildings in Hauppauge and Islandia that were constructed between 1984 and 1989. Tenants include Stifel, Nicolaus & Co., Massachusetts Mutual Life Insurance Co., Flushing Bank and Bankers Conseco. Bryan Manz and Emil DePasquale of BBCP arranged the financing, which carried a 10-year term and a 55 percent loan-to-value ratio, through Morgan Stanley on behalf of the borrower, The Crest Group.
PARAMUS, N.J. — Brightview Senior Living is underway on construction of a 332-unit community in the Northern New Jersey community of Paramus. Brightview Joy’s Farm will total 55,192 square feet, with 162 independent living units and a separate, 170-unit assisted living and memory care facility. Amenities will include a clubhouse, pool and both fitness and entertainment areas/venues. Project partners include Market Square Architects, IMC Construction and T&T Construction Management Group Inc. A tentative completion date was not announced.
NORTH ATTLEBORO, MASS. — Regional owner-operator Marcus Partners has broken ground on 582 Kelley, a 304-unit multifamily project that will be located in North Attleboro, about 15 miles north of Providence. The property will offer one-, two- and three-bedroom apartments and amenities such as a pool, clubhouse, fitness center, coworking space, dog park, community gardens and outdoor grilling stations. TD Bank is financing the project, the first units of which are expected to be available for occupancy sometime next year.
TRUMBULL, CONN. — New Jersey-based developer Garden Communities has completed the lease-up of The Residences at Main, a 260-unit apartment community in Trumbull, located in Connecticut’s Fairfield County. The property is now more than 90 percent occupied. The unit mix consists of 70 one-bedroom apartments and 190 two-bedroom residences that range in size from 740 to 1,250 square feet. Amenities include a pool, fitness center, coworking lounge, package locker system and a pet park. Leasing began in May 2023.