Friday, November 6, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

Evergreen-Development-Project-Mesa-AZ
AcquisitionsArizonaDevelopmentMixed-UseMultifamilyRestaurantRetailWestern

Evergreen Development Acquires 11.7 Acres in Mesa, Arizona, Plans Mixed-Use Project

by Amy Works

MESA, ARIZ. — Evergreen Development has acquired 11.7 acres of land in Mesa, with plans to build a mixed-use project that will feature multifamily space and a new retail center. The retail portion of the site is planned to comprise an approximately 8,500-square-foot multi-tenant retail building for restaurant and retail uses, as well as a 2,360-square-foot freestanding Chipotle with a drive thru. The multifamily portion will include 261 apartments across nine three-story buildings. Evergreen plans to break ground on the project in the first quarter of 2027, with lease-up beginning in the second quarter of 2028. Brookfield sold the site for an undisclosed price.

Continue Reading
FacebookTwitterLinkedinEmail
Falcon-Point-Self-Storage-Windsor-CO.jpg
AcquisitionsColoradoIndustrialSelf-StorageWestern

Marcus & Millichap Arranges Sale of 516-Unit Self-Storage Facility in Windsor, Colorado

by Amy Works

WINDSOR, COLO. — Marcus & Millichap has brokered the sale of Falcon Point Self Storage, a self-storage facility in Windsor. Terms of the transaction were not released. Adam Schlosser, Dave Knobler and Charles “Chico” LeClaire of the LeClaire-Schlosser Group of Marcus & Millichap represented the undisclosed seller in the transaction. Originally constructed in 2019 and expanded in 2024 with an additional 51,530 square feet, Falcon Point Self Storage features 516 storage units across 72,068 net rentable square feet. There are 14 single-story, all-metal buildings on approximately 6.8 acres. The unit mix includes climate-controlled units, traditional drive-up access and dedicated vehicle storage, with 100 surface parking spaces serving the site. The facility features LED lighting, gated entry with digital keypad access, 24/7 video surveillance and an onsite management office.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndianaIndustrialMidwest

Colliers Arranges Sale of 1.5 MSF Industrial Portfolio in Indianapolis

by Kristin Harlow

INDIANAPOLIS — Colliers has arranged the sale of the Indianapolis West Infill Industrial Portfolio, a 1.5 million-square-foot, 29-building light industrial portfolio located within the Park 100 and Park Fletcher industrial parks in Indianapolis. The portfolio spans the city’s Northwest and Southwest submarkets. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, Tyler Ziebel, Tyler Wilson, Jason Speckman and Sydney Gabriel of Colliers represented the undisclosed seller. MLG Capital, on behalf of MLG Legacy Fund and 1031 exchange investors, purchased the portfolio, which is 94 percent leased to 158 tenants. The properties feature an average clear height of 15 feet with a total of 194 dock doors and 155 drive-in doors. The buildings range in size from 16,000 to 157,000 square feet.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMichiganMidwestOffice

ICP Acquires 426,788 SF Corporate Campus in Kalamazoo, Michigan

by Kristin Harlow

KALAMAZOO, MICH. — Industrial Commercial Properties LLC (ICP) has acquired 1 Financial Parkway, a three-building, 426,788-square-foot corporate campus situated on 55 acres in Kalamazoo. The property’s I-1 zoning allows for a variety of office and industrial uses, giving ICP flexibility to reposition the campus for a broad range of users. ICP plans to market the campus to companies seeking office, industrial, technology, corporate headquarters and other flexible business environments.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestMultifamily

Marcus & Millichap Brokers $15.2M Sale of Chicago Apartment Building

by Kristin Harlow

CHICAGO — Marcus & Millichap has brokered the $15.2 million sale of a 30-unit apartment building located at 3905 N. Western Ave. in Chicago’s North Center neighborhood. The property also features four retail suites. Built in 2009, the asset totals 57,000 square feet and features a mix of two- and three-bedroom units. Kyle Stengle and Steve Rachman of Marcus & Millichap represented the undisclosed seller.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentHospitalityLoansMidwestMixed-UseMultifamilyOfficeOhioTop Stories

ErieView Development Closes $218M Financing for W Cleveland Mixed-Use Tower

by John Nelson

CLEVELAND — ErieView Development, an Ohio-based real estate development firm headed by the Kassouf family, has closed on $218 million in financing for the new W Cleveland mixed-use tower in downtown Cleveland. The adaptive reuse project will convert the 40-story Erieview Tower at 1301 E. 9th St. into a 210-room W Cleveland hotel, 215 rental residences and Class A office space. The W Cleveland’s residential units will mark the first apartments under the W brand that are exclusively for-rent, rather than for-sale, residences. The project also represents the first W hotel in Ohio and Marriott International’s first luxury hotel brand to open in Cleveland since the opening of The Ritz-Carlton Cleveland in 1990. Both renters and hotel guests will have access to 24-hour concierge services and other amenities, including a fitness center and spa. Both the hotel and apartments are slated to open in late 2027. The offices at W Cleveland, which will be on floors 29 through 38, will be delivered on a turnkey basis on tenant schedules through 2028. ErieView Development plans to appoint a leasing agency for the offices in the fourth quarter of this year. Other components of the W Cleveland will include a signature restaurant and …

Continue Reading
FacebookTwitterLinkedinEmail
Investment Panel_Seniors Housing Southeast
Conference CoverageFeaturesMultifamilySeniors Housing

InterFace Panel: Operator Relationships Are Key to Pricing, Awarding Deals in Seniors Housing

by Taylor Williams

By Taylor Williams ATLANTA — The cog between the wheels, the mortar between the bricks, the grease between the skids — when it comes to seniors housing, whatever your preferred cliché is for the factor or mechanism that makes it all work, you’re likely talking about the operator. Operators in seniors housing have always provided crucial services in the forms of resident caregiving, facility maintenance, property marketing and programming execution. But in 2026, amid a rebounding investment sales environment, third-party operators also play important roles in helping sellers accurately underwrite costs that fall outside their traditional line-item purview. In addition, the reputation of the operator can factor into the buyer pool for a property on the selling block. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. At the 13th annual InterFace Seniors Housing Southeast conference, which took place on Aug. 25 at the Grand Hyatt Buckhead Hotel in Atlanta, a panel of owners and investors spelled out just how important the role of the operator really is in the current seniors housing environment. Shae Portnoy, vice president of investments …

Continue Reading
FacebookTwitterLinkedinEmail
McKinney-Air-Business-Park
IndustrialMarket ReportsTexasTexas Market Reports

Texas Industrial Market Enters Cyclical Gray Area

by Taylor Williams

By Taylor Williams The Texas industrial market could use a little ABS.  The acronym, which stands for automated ball-strike system, has been a — wait for it — game-changer in 2026 for Major League Baseball, the innings of which are often invoked as metaphors for points in real estate cycles. The ABS system establishes a clear, objective picture of the strike zone that eliminates doubt among players, managers and umpires about whether a pitch is a ball or a strike.  Like any good sports technology, the system provides clarity on the rules of engagement, which leads to better operational execution. It’s been a — wait for it again — big hit for the game.  Efficiency in real estate development and investment similarly hinges on data that is governed by universally accepted frameworks. While there is always the hopeful possibility of stumbling upon a hidden indicator, most real estate investors and operators are inter-reliant on themselves — in the form of industry comps — and their established metrics to understand where they are in a given cycle. There is room for disagreement, but only to a certain extent. With regard to industrial real estate in Texas, what is essentially indisputable is …

Continue Reading
FacebookTwitterLinkedinEmail
FloridaIndustrialMarket ReportsSoutheastSoutheast Market Reports

Orlando Industrial Demand Is Concentrating in the Right Places

by John Nelson

When it comes to Florida’s industrial real estate market, Orlando is often viewed as a single, high-growth distribution and operations hub. For those of us on the ground, however, the more important story is that the market is no longer moving uniformly. According to Colliers’ market reports for the second quarter of 2026, the Central Florida market reached approximately 253.6 million square feet of industrial and flex inventory, while industrial vacancy improved to 7.4 percent from 7.5 percent in the first quarter. Those figures point to stable fundamentals overall; however, the reality is that demand is becoming more concentrated in well-connected submarkets with established infrastructure and modern industrial inventory. This shift is most visible among owner-users and tenants seeking less than 100,000 square feet. For these companies, location affects labor access, delivery times and operating costs. Large regional distribution users still evaluate sites through a broader logistics lens, often considering service radiuses of 200 to 400 miles, while smaller and midsized occupiers place greater weight on immediate connectivity. Southeast Orange County Southeast Orange County remains Orlando’s strongest industrial submarket because of its transportation connectivity, established infrastructure and concentration of modern industrial space. Southeast Orange County recorded 240,815 square feet of …

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts