Property Type

High Street Residential Breaks Ground on Two Multifamily Projects Totaling 536 Units in Allen, Texas

by Taylor Williams June 23, 2025

ALLEN, TEXAS — High Street Residential has broken ground on two multifamily projects totaling 536 units in Allen, a northeastern suburb of Dallas. Crestview Apartments will be a 434-unit community with one-, two- and three-bedroom units that will range in size from 512 to 1,820 square feet. Amenities will include a pool with cabanas, grilling area, fitness center, office lounge, clubroom, coffee bar, courtyards and a dog park station. Crestview Townhomes will have 102 units on an 8.8-acre site that will feature two- and three-bedroom floor plans ranging in size from 1,325 to 2,123 square feet. This property’s amenity package will consist of a resort-style pool with cabanas and grills, a fitness center, clubroom and entertainment room, courtyards and a dog park. High Street is developing Crestview Apartments and Crestview Townhomes in partnership with Abington Properties and MetLife Investment Management, respectively. The first units at Crestview Apartments are expected to be available for occupancy in the third quarter of 2026. At Crestview Townhomes, the first units should be move-in ready by early- to mid-2026. ESG Architecture & Design and Andres Construction Management are leading the design and construction aspects, respectively, for both projects.

June 23, 2025

Harmony-Science-Academy-City-Place-Houston

Civic Development Texas

Harmony Science Academy to Open 58,931 SF School at City Place in North Houston

by Taylor Williams June 23, 2025

HOUSTON — Harmony Science Academy will open a 58,931-square-foot school at City Place, a mixed-use development in North Houston. The school, which is part of Texas-based charter system Harmony Public Schools, will open in August and will be able to support about 430 students in grades pre-K through sixth. Division One served as the general contractor for the project. Harmony has also acquired an adjacent tract for the development of a middle and high school campus, construction of which will begin in 2027.

June 23, 2025

Leasing Activity Office Texas

Moss Signs 25,815 SF Office Lease at The Farm in Allen, Texas

by Taylor Williams June 23, 2025

ALLEN, TEXAS — Florida-based construction management firm Moss has signed a 25,815-square-foot office lease at The Farm, a 135-acre mixed-use development located in the northeastern Dallas suburb of Allen. The space is located within the newly constructed FarmWorks One building. Nathan Durham and Duane Henley of Newmark represented the landlord, JaRyCo, in the lease negotiations. Jake Young and Christian Munoz of Lincoln Property Co. represented Moss.

June 23, 2025

Acquisitions Office Texas

Partners Real Estate Brokers Sale of 25,062 SF Office Building in Grapevine, Texas

by Taylor Williams June 23, 2025

GRAPEVINE, TEXAS — Partners Real Estate has brokered the sale of a 25,062-square-foot office building in Grapevine, located in the northern-central part of the metroplex. According to LoopNet Inc., the building at 4101 William D. Tate Ave. was originally constructed in 2006. William Kane, Ryan McCullough, Court Powell and Connor Watson of Partners represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

June 23, 2025

Acquisitions Healthcare Texas

Silver Oak Commercial Negotiates Sale of 6,898 SF Medical Office Building in Stephenville, Texas

by Taylor Williams June 23, 2025

STEPHENVILLE, TEXAS — Silver Oak Commercial Realty has arranged the sale of a 6,898-square-foot medical office building in Stephenville, about 75 miles southwest of Fort Worth. Liberty Dialysis anchors the building at 946 Bluebonnet St., which was fully leased at the time of sale. An entity doing business as Midlothian 67 Partners LLC sold the building to Namy Properties LLC for an undisclosed price. Russ Webb and LeAnn Brown of Silver Oak, along with Jim Turano of Henry S. Miller, brokered the deal.

June 23, 2025

Development Multifamily New York Northeast

Breslin Realty Begins Leasing 201-Unit Multifamily Project in Lynbrook, New York

by Taylor Williams June 23, 2025

LYNBROOK, N.Y. — Breslin Realty Development Corp. has begun leasing The Langdon, a 201-unit multifamily project in the Long Island community of Lynbrook. Located at 47 Broadway, The Langdon is a redevelopment of the former Mangrove Feather factory and consists of 55 studios, 111 one-bedroom units and 35 two-bedroom apartments, as well as 2,000 square feet of ground-floor retail space. Amenities include a lobby café, concierge services, rooftop terrace with skyline views, landscaped courtyard, resident lounge with billiards, a fitness center and work-from-home stations. Breslin developed the property in partnership with Fields Grade Development. Construction began in spring 2022. Rents start at approximately $3,000 per month for a studio apartment.

June 23, 2025

Acquisitions Industrial Massachusetts Northeast

Marcus Partners Sells 192,380 SF Industrial Portfolio in Metro Boston

by Taylor Williams June 23, 2025

TAUNTON AND HAVERHILL, MASS. — Regional owner-operator Marcus Partners has sold a portfolio of two industrial buildings totaling 192,380 square feet in metro Boston. The sales price was $50 million. The portfolio consists of an 88,000-square-foot facility in Taunton, located south of Boston, and a 104,380-square-foot structure in Haverhill, a northern suburb of the state capital. Both buildings were fully leased at the time of sale. Chris Skeffington of CBRE represented Marcus Partners in the transaction. The buyer was a fund backed by Ares Real Estate.

June 23, 2025

Acquisitions Multifamily New York Northeast

Marcus & Millichap Brokers $10.8M Sale of Historic Brooklyn Apartment Building

by Taylor Williams June 23, 2025

NEW YORK CITY — Marcus & Millichap has brokered the $10.8 million sale of a 101-unit historic apartment building located in the Prospect-Lefferts Gardens neighborhood of Brooklyn. The six-story, elevator-served building at 275 Linden Blvd. was originally constructed in 1930. Information on floor plans and amenities was not disclosed. Shaun Riney and Daniel Greenblatt of Marcus & Millichap represented the undisclosed seller in the transaction. Seth Glasser, also with Marcus & Millichap, procured the buyer, a California-based family office.

June 23, 2025

Acquisitions New Jersey Northeast Retail

Goldstein Group Arranges Sale of 68,000 SF Retail Property in Wayne, New Jersey

by Taylor Williams June 23, 2025

WAYNE, N.J. — Locally based brokerage firm The Goldstein Group has arranged the sale of a 68,000-square-foot retail property the Northern New Jersey community of Wayne. The property is located at 465-479 U.S. Route 46 and comprises a 50,000-square-foot space that was formerly occupied by Bloomingdale’s Furniture and an 18,000-square-foot space leased to The Suit Store. C.J. Huter, Marc Palestina and Roy Paret of The Goldstein Group represented the seller, a group of limited liability companies, in the transaction. The buyer was an entity doing business as GCL Investment LLC.

June 23, 2025

Development Georgia Industrial Southeast

Dermody Launches 10 MSF Port Wentworth Commerce Center Project Near Port of Savannah

by Abby Cox June 23, 2025

PORT WENTWORTH, GA. — Industrial real estate firm Dermody Properties has launched Port Wentworth Commerce Center, a 10 million-square-foot master-planned logistics project located roughly seven miles from the Port of Savannah and one mile from I-95. The development will be supported by a 2.5-mile road system currently under construction, where utilities such as water, sewer, power, gas and fiber optics will be installed. Situated within a designated Foreign Trade Zone (FTZ), Port Wentworth Commerce Center allows tenants to defer, reduce or eliminate tariffs on imported goods. The campus will also have onsite CSX rail service. The project is expected to be the largest near-port logistics development to begin construction in the Southeastern United States in 2025 and will serve as the premier port-centric logistics park on the Eastern Seaboard, according to company representatives. Dermody has selected Bill Sparks and Preston Andrews of CBRE to handle leasing at Port Wentworth Commerce Center. Dermody currently has four projects under construction in the Southeast region and more than 1.5 million square feet available for lease.

June 23, 2025

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