Property Type

Cushman & Wakefield Brokers $57M Sale of Distribution Center in Orlando

by John Nelson November 5, 2025

ORLANDO, FLA. — Cushman & Wakefield has brokered the $57 million sale of a 713,585-square-foot industrial facility located at 8201 Chancellor Drive in Orlando. The property was fully leased at the time of sale to CVS Health Corp. Mike Davis, Rick Colon, Rick Brugge and Dominic Montazemi of Cushman & Wakefield represented the seller, Tratt Properties, in the transaction. The buyer was Aventura, Fla.-based MG3 Group. Located in Orlando Central Park, the property features tilt-wall construction, clear heights ranging from 28 to 40 feet, 429 trailer parking spaces and 97 dock-high loading doors.

November 5, 2025

Acquisitions Louisiana Office Southeast

Investment Group Purchases 77,760 SF Office Park in Metro New Orleans, Plans $1M Overhaul

by John Nelson November 5, 2025

JEFFERSON, LA. — Robertson St. Ventures LLC, a group of local real estate investors led by Richard Juge of REMAX Commercial Brokers, has acquired Elmwood Oaks Office Park, a four-building, 77,760-square-foot office campus located at 201 Evans Road in Jefferson, roughly eight miles west of New Orleans in Jefferson Parish. The seller and sales price were not disclosed. Robertson St. Ventures plans to invest over $1 million in renovations to modernize the 6.6-acre complex, which features surface parking and a courtyard with 300-year-old oak trees. Planned improvements include new flooring, paint, ceilings, lighting, energy-efficiency upgrades, enhanced landscaping and modernized tenant amenities such as renovated common kitchens and restrooms, as well as new outdoor amenities. One of the buildings at Elmwood Oaks is currently vacant, according to Robertson St. Ventures.

November 5, 2025

Acquisitions Nevada Office Western

LaPour, G2 Capital Sell Narrative Office Building in Las Vegas for $48M

by Amy Works November 5, 2025

LAS VEGAS — LaPour and G2 Capital Development, as owners and developers, have completed the disposition of Narrative, an office building located along the 215 Beltway in Las Vegas. A private family investment office acquired the asset for $48 million, or $480 per square foot, in an off-market transaction. Colliers and Agilysys are anchor tenants at the 100,000-square-foot building, which was 95 percent leased at the time of sale.

November 5, 2025

Arizona Development Multifamily Seniors Housing Western

LCS Development Underway on Third Phase of Renovations at 50-Acre CCRC in Tempe, Arizona

by Amy Works November 5, 2025

TEMPE, ARIZ. — LCS Development is underway on the third phase of a master-planned renovation at Friendship Village Tempe, a 50-acre continuing care retirement community located in Tempe. Construction has begun on the phase, which will include the removal of an existing structure and the addition of a new, five-story building. Upon completion, which is planned for the fourth quarter of 2027, the building will total 175,900 square feet with 69 independent living apartments, two guest suites and below-grade parking. Units in the building will range in size from 909 to 2,396 square feet. Amenities will include a Del Fuego restaurant and lounge, duckpin bowling lanes, a spa and clinic space, clubrooms and a group exercise area. The building will also offer access to amenities located within other parts of the campus, which include rooftop pickleball courts and Starfire, a full-service rooftop restaurant and microbrewery. Friendship Village Tempe was originally built in 1980, with the revitalization project beginning in 2019. Ryan Cos. US Inc. is serving as the general contractor for all phases of the renovation. Ryan A+E, the design studio of Ryan Cos., has served as the architect for all three phases. Six total phases of renovation are planned at …

November 5, 2025

Acquisitions California Multifamily Western

Marcus & Millichap Brokers Sale of 160-Unit Atrium Garden Multifamily Property in San Jose

by Amy Works November 5, 2025

SAN JOSE, CALIF. — Marcus & Millichap has arranged the sale of Atrium Garden, an apartment property in San Jose. The property traded for $18.5 million, or $115,531 per unit. The names of the seller and buyer were not released. Mitchell Zurich, Kirk Trammell and Joshua Johnson of Marcus & Millichap represented the seller and procured the buyer in the deal. Constructed in 2000, the four-story Atrium Garden features 159 studios and a one-bedroom manager’s apartment. Studios are furnished with a bed, bedside table and lamp, lounge chair, built-in desk and chair, TV, microwave, mini-fridge and a stove or hotplate. Community amenities include a leasing office, fitness center, media rooms, resident lounges, community kitchens, laundry facilities and an outdoor barbecue and lounge area.

November 5, 2025

Acquisitions California Lee & Associates Office Western

Lee & Associates Negotiates Sale of 62,241 SF Office Building in Los Angeles

by Amy Works November 5, 2025

LOS ANGELES — Lee & Associates LA North/Ventura has arranged the acquisition of a three-story office building located at 5550 Topanga Canyon Blvd. in the Warner Center/Woodland Hills submarket of Los Angeles. S&G Properties Management LLC acquired the property from an undisclosed seller for $10.1 million. S&G Property Management plans to occupy a portion of the 62,241-square-foot building for its company, Citiguard, a security guard company in California. Additionally, the new owner will invest capital into the building to renovate the interior and exterior, as well as create onsite amenities to attract tenants. Darren Casamassima, Scott Romick and Jay Rubin of Lee & Associates LA North/Ventura represented the buyer. The team will also oversee leasing of the property moving forward.

November 5, 2025

Acquisitions California Multifamily Western

Newmark Arranges Sale of 126-Unit Rivergate Apartments in Sacramento

by Amy Works November 5, 2025

SACRAMENTO, CALIF. — Newmark has arranged the sale of Rivergate Apartments, a 126-unit property at 900 Simon Terrace in West Sacramento. Will Blucher and Wills Vlasek of Newmark represented the seller, McCarty Sacramento Property LLC, in the disposition to a private buyer, IMG II, LLC. The acquisition price was not released. Rivergate is approximately three miles from Sacramento’s central business district and offers 72 one- and 54 two-bedroom floor plans across 10 two-story buildings on a 3.6-acre parcel. Amenities include a gated pool, standalone leasing office, common area laundry facilities and interior courtyards.

November 5, 2025

Data Centers Development Industrial Midwest Wisconsin

Vantage Data Centers, Wisconsin Building Trades Council Partner on $15B Port Washington Campus

by Kristin Harlow November 5, 2025

PORT WASHINGTON, WIS. — Vantage Data Centers and the Wisconsin Building Trades Council have partnered to build the previously announced Lighthouse data center campus in Port Washington, a northern Milwaukee suburb located along Lake Michigan. The $15 billion-plus, privately funded investment will require a workforce of more than 4,000 skilled construction workers over a three-year period and will rely on local union labor to the fullest extent possible. The new campus, part of OpenAI and Oracle’s Stargate expansion, will feature four data centers. Completion is slated for 2028. Once complete, Vantage and Oracle will create more than 1,000 long-term jobs and thousands more indirect jobs. Lighthouse is designed to preserve local resources, support new clean energy resources and advance environmental stewardship.

November 5, 2025

Iowa Loans Midwest Retail

BWE Arranges $49.5M Refinancing for Two Shopping Centers in Iowa, North Carolina

by Kristin Harlow November 5, 2025

CEDAR FALLS, IOWA AND SOUTHERN PINES, N.C. — BWE has arranged $49.5 million for the refinancing of East Viking Plaza in Cedar Falls and Morganton Park South in Southern Pines. Dan Rosenberg, Logan Petersmeyer and Isabella Barrios of BWE arranged the financing on behalf of Cincinnati-based Midland Atlantic Properties. Both nonrecourse loans feature multiple years of interest-only payments. East Viking Plaza totals 147,659 square feet and is leased to tenants such as Target, Scheels, Michaels, Old Navy and Ulta. Morganton Park South totals 267,021 square feet and is nearly fully leased. Constructed in 2024, the shopping center is anchored by Target, Dick’s Sporting Goods and HomeGoods.

November 5, 2025

Civic Development Midwest Minnesota

Kraus-Anderson Completes $42.3M Revitalization of Woodbury Central Park in Minnesota

by Kristin Harlow November 5, 2025

WOODBURY, MINN. — Kraus-Anderson has completed a $42.3 million revitalization of Woodbury Central Park, which is located at 8595 Central Park Place in Woodbury. Designed by HGA Architects, the three-story, 62,708-square-foot project included enclosing the existing amphitheater, a new multipurpose space addition, expanded public gathering areas and an updated Lookout Ridge indoor playground. Improvements also increased parking and pedestrian access, added art installations and space for public art and enhanced accessibility with ADA updates. Sustainability was a core focus of the project, including the integration of a Darcy Geothermal Well system, solar energy and other energy-efficiency initiatives to reduce environmental impact and operating costs. Construction began in April 2024.

November 5, 2025

Newer Posts

Older Posts