Tuesday, July 14, 2026
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MidwestOffice

STREETLINKS TO MOVE HEADQUARTERS TO DOWNTOWN INDIANAPOLIS

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INDIANAPOLIS — StreetLinks Lender Solutions has announced it will relocate its national headquarters to the ground-floor commercial space at the Artistry, a $30 million mixed-used development in downtown Indianapolis. StreetLinks, which sells real estate appraisal management services, is moving from 7551 Shelby St. in Indianapolis. Developer Milhaus Ventures has begun construction on the Artistry, and StreetLinks is expected to move in spring 2014. Approximately 200 employees will occupy 25,000 square feet at the building, located at 451 E. Market St. The first floor of the Artistry includes commercial space, resident amenities and parking. The second through fifth floors feature 258 apartment units.

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NortheastOffice

SKANSKA USA SELLS OFFICE, LAB BUILDING IN CAMBRIDGE FOR $94.5M

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CAMBRIDGE, MASS. — Skanska USA has sold 150 Second Street, a 123,000-square-foot office and lab building in Cambridge, to Alexandria Real Estate Equities Inc. for $94.5 million. The three-story, Class A building is located in Kendall Square and features large windows and open floor plans. The building was 85 percent leased at the time of sale. Foundation Medicine Inc., a molecular information company that helps doctors identify targeted cancer treatments for patients, currently occupies 61,591 square feet. Bluebird Bio, a biotechnology company focused on helping patients with severe genetic and orphan diseases using gene therapy, will occupy 43,586 square feet beginning in January 2014.

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NortheastOffice

HANGER MANUFACTURER RELOCATES, EXPANDS TO 110,000 SF

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KEASBEY, N.J. — Mainetti, a manufacturer and distributor of garment hangers, has relocated its U.S. headquarters to 110,000 square feet at 300 Mac Lane in Keasbey, about 16 miles south of Newark. The company is relocating from a smaller facility in Secaucus. Andrew Stypa and Daniel Badenhausen of Cushman & Wakefield brokered the transaction. Federal Business Centers owns the warehouse and distribution building.

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NortheastOffice

WASHINGTON TRUST PROVIDES $14.5M LOAN FOR OFFICE BUILDING

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NORWALK, CONN. — Washington Trust’s commercial real estate group has provided $14.5 million in financing to DIV 40 Richards LLC for a 147,000-square-foot office building in Norwalk. The borrower plans to use the funds to upgrade the building and add amenities such as an expanded café, upgraded common areas, a new fitness center and shuttle service to the commuter station. The Davis Cos., a full-service commercial real estate firm based in Boston, is sponsoring the project.

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MultifamilyNortheast

M&M ARRANGES $5.5M SALE OF 25-UNIT APARTMENT BUILDING

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NEW YORK CITY — Marcus & Millichap has arranged the $5.5 million sale of 853 Saint Nicholas Ave., a 25-unit apartment property in New York City. Peter Von Der Ahe, Scott Edelstein, Joseph Koicim, Seth Glasser, David Lloyd and Jonathan Schwartz, investment specialists in Marcus & Millichap’s Manhattan office, represented the buyer, a limited liability company, and the seller, a private investor. The apartment property is located in the Harlem section of Manhattan between 152nd and 153rd streets. The selling price equates to $219,000 per unit.

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OfficeTexas

QUADRANT BUYS 122,000 SF DALLAS OFFICE ASSET

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DALLAS — Quadrant Investment Properties LLC has acquired Preston Trail Atrium, a 122,000-square-foot office building in North Dallas. The new ownership plans an extensive lobby renovation and the addition of several amenities for the facility, which is located at 17330 Preston Road, in close proximity to the interchange of the Bush Turnpike and Dallas North Tollway. Jeremy Duggins and Addie Ludwig of Cawley Partners will continue to lease the property. Dallas-based Quadrant has now purchased three Dallas-area assets in the past 12 months.

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MultifamilyTexas

ARC CAPITAL, CARDINAL GROUP BUY AUSTIN APARTMENTS

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AUSTIN, TEXAS — Real estate investment platform Arc Capital Partners, in partnership with Cardinal Group Investments (CGI), has acquired The Establishment, a 139-unit apartment complex in the South Congress submarket of Austin. Located at 3501 S. 1st St., the asset features one- and two-bedroom floor plans plus amenities such as a swimming pool, barbecue and picnic area and business center. CGI will rebrand and manage the property as Mint Urban | Establishment under its Mint Urban platform.

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RetailTexas

WOODMONT COMPANY BEGINS DEVELOPMENT OF PARK VILLAGE

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SOUTHLAKE, TEXAS — Real estate firm The Woodmont Company, in partnership with an undisclosed publicly traded REIT, has started development of Park Village, a 190,000-square-foot retail center in Southlake, a suburb approximately 25 miles northeast of Fort Worth. The property, which offers spaces ranging from 800 to 12,000 square feet, is more than 50 percent pre-leased. Sporting goods store REI and a specialty grocer will anchor the center, which will be located at the southwest corner of Carroll Avenue and Southlake Boulevard. Stephen Coslik, Peter Jacobsen and Rick Machak of The Woodmont Company are overseeing development, and Herschman Architects designed the project. Completion is slated for the fall of 2014.

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MultifamilyTexas

BOKA POWELL, MANHATTAN CONSTRUCTION COMPLETE 252 UNITS AT SWBTS

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FORT WORTH, TEXAS — Architect BOKA Powell and general contractor Manhattan Construction Co. have completed a new 252-unit apartment development at Southwestern Baptist Theological Seminary in Fort Worth. Located in the J. Howard Williams Student Village, the garden-style complex offers one- and two-bedroom layouts as well as granite countertops, stainless steel appliances and laminate wood flooring. The residential area is connected to the main campus by a walkway.

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RetailWestern

BOULEVARD MALL IN LAS VEGAS CHANGES HANDS

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LAS VEGAS – Sansone Companies/Boulevard Ventures, LLC, has purchased Boulevard Mall, a 1.2-million-square-foot super regional mall in Las Vegas, for a reported $54.5 million. The mall is located at 3528 S. Maryland Parkway. It is anchored by Macy’s, Sears and JP Penney. Boulevard Mall opened in 1968. It is the oldest mall in Las Vegas. Local developer Roland Sansone purchased the mall from Rouse Properties after lenders took over its ownership via a deed in lieu of foreclosure. The transaction was executed by CBRE.

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