Friday, November 6, 2026
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AcquisitionsIllinoisMidwestMultifamily

Eastham Capital, Bender Cos. Acquire 220-Unit Fox Run Apartments in Suburban Chicago

by Kristin Harlow

ST. CHARLES, ILL. — Eastham Capital and Bender Cos. have acquired Fox Run Apartments, a 220-unit community in the western Chicago suburb of St. Charles. To date, Eastham and Bender have co-invested in 14 projects. The companies say that Fox Run Apartments presents a compelling value-add opportunity. Monthly rents at the property average $1,703. Following recent capital improvements, the business plan calls for additional upgrades across more than 80 units, including in-unit laundry and flooring updates, along with enhancements to the exterior, amenities, parking areas, landscaping, signage and security systems. Bender will also focus on strengthening leasing operations and elevating the resident experience. Originally constructed in 1973, the property includes four buildings with a mix of one-, two- and three-bedroom floor plans ranging from 650 to 1,430 square feet. Amenities include a clubhouse, fitness center, outdoor pool, grilling areas, package lockers, laundry facilities and off-street parking.

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AcquisitionsMidwestMultifamilyWisconsin

Greysteel Arranges $18.1M Sale of Multifamily Community in Metro Milwaukee

by Kristin Harlow

CUDAHY, WIS. — Greysteel has arranged the $18.1 million sale of Cudahy Commons, a 142-unit multifamily property at 2810 E. Edgerton Ave. in the Milwaukee suburb of Cudahy. BJ Connolly, Doug Banerjee and Ryan Carter of Greysteel represented the seller, a private investor. Peak Capital acquired the asset. According to Greysteel’s newly released “Mid-Year 2026 Investor Sentiment Pulse Check,” 84 percent of respondents plan to increase their Midwest multifamily exposure over the next 12 to 18 months.

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IllinoisLeasing ActivityMidwestRetail

Burlington, Planet Fitness Sign Leases Totaling 45,000 SF at Joffco Square in Chicago

by Kristin Harlow

CHICAGO — Burlington and Planet Fitness have singed long-term leases totaling roughly 45,000 square feet at Joffco Squre in Chicago. Nassimi Realty has brought the urban retail center from 50 percent occupancy to fully leased. Burlington signed a 10-year lease for 23,000 square feet, taking the former Ashley Furniture space. The retailer is relocating from its existing location across the street. The new store is expected to open in the winter or spring of 2027. Planet Fitness signed a 12-year lease for 22,000 square feet in the former Joann Fabrics space. The fitness operator plans to open in December. CBRE represented the landlord in both transactions. Metro Commercial Real Estate represented Burlington and Planet Fitness.

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AcquisitionsMidwestOhioRetail

CBRE Brokers $3.4M Sale of Retail Property Occupied by Sheetz in Gahanna, Ohio

by Kristin Harlow

GAHANNA, OHIO — CBRE has brokered the $3.4 million sale of a single-tenant Sheetz convenience store at 495 Crescent Circle in Gahanna, a suburb of Columbus. CBRE’s Karly Iacono represented the buyer, 495 Crescent Circle Gahanna Ohio LLC. Stephanie Beaumier of Casto acted on behalf of the seller, CP Crescent LLC. The 1031 exchange buyer completed an all-cash transaction. The asset is secured by a 15-year triple-net ground lease with Sheetz.

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The-Flynn-at-Live-Oak-Dallas
LoansMultifamilyTexas

JLL Arranges $78.7M Loan for Refinancing of East Dallas Apartment Community

by Taylor Williams

DALLAS — JLL has arranged a $78.7 million loan for the refinancing of The Flynn at Live Oak, a 327-unit apartment community in East Dallas. The five-story, newly constructed building offers studio, one- and two-bedroom units with an average size of 832 square feet. Amenities include a pool, outdoor courtyards with fire pits and grilling stations, a sky lounge, fitness center with outdoor yoga space, coworking lounge and a grab-and-go convenience store. Lucas Borges, Lauren Dow, Sam Tarter, Aidan Flanagan and Christian Johnston of JLL arranged the loan through private equity firm Blue Owl Capital on behalf of the owner, a partnership between Conor Commercial Real Estate and Globe Corp.

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AcquisitionsIndustrialTexas

Alterra Acquires 23.5-Acre Industrial Outdoor Storage Portfolio in San Antonio

by Taylor Williams

SAN ANTONIO — Alterra IOS has acquired a portfolio of six industrial outdoor storage facilities totaling 23.5 acres in the greater San Antonio area. Five of the properties are located in San Antonio proper, and the sixth is located in the northeastern suburb of Schertz. The facilities feature a combined 172,141 square feet of warehouse space and are leased to tenants in industries such as building materials, equipment rentals and logistics. The seller and sales price were not disclosed.

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AcquisitionsRetailTexas

Summit RE Negotiates Sale of 14,895 SF Retail Strip Center in Midlothian, Texas

by Taylor Williams

MIDLOTHIAN, TEXAS — Dallas-based brokerage firm Summit RE has negotiated the sale of Harvest Hill Town Center II, a 14,895-square-foot retail strip center located in the southern Dallas suburb of Midlothian. Tenants at the center include T-Mobile and Club Pilates. Hudson Lambert and Jack Hicks of Summit RE represented the undisclosed seller in the transaction. The name and representative of the buyer, as well as the sales price, were also not disclosed.

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AcquisitionsHealthcareTexas

Marcus & Millichap Brokers Sale of 14,000 SF Medical Office Building in West Houston

by Taylor Williams

HOUSTON — Marcus & Millichap has brokered the sale of a 14,000-square-foot medical office building in West Houston. The building at 19304 Katy Freeway was constructed in 2024 and was roughly 40 percent leased at the time of sale to Excel Urgent Care. The undisclosed buyer plans to occupy the remainder of the space. Joseph Jaques, Alex Wolansky, Ron Hebert and Gus Lagos of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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IndustrialMarket ReportsOregonWesternWestern Market Reports

Portland Industrial Market Finds Stability as Supply Pressures Ease

by John Nelson

— By David Tabata of Marcus & Millichap — After several years of rapid expansion, elevated vacancy and shifting global trade patterns, Portland’s industrial market is entering a more balanced phase. While tariff uncertainty and evolving West Coast trade dynamics continue to influence leasing decisions, improving fundamentals are creating new opportunities for occupiers and investors. One of the market’s most encouraging developments is the gradual stabilization of activity at the Port of Portland. Following pandemic-related disruptions and reduced container traffic, port operations have begun to recover, giving industrial users greater confidence in long-term planning. Portland’s strategic location also continues to support its role as a key distribution hub for the Pacific Northwest. At the same time, the development pipeline has slowed significantly. After several years of elevated construction, new deliveries are expected to remain well below recent peaks, allowing the market time to absorb existing inventory. Although vacancy has increased, the slowdown in new supply should help ease competitive pressure and support healthier market conditions over time. Demand remains strongest for modern warehouse and distribution facilities near major transportation infrastructure, including the Interstate 5 Corridor, Interstate 84 and port-related logistics hubs. Smaller industrial buildings also continue to perform well, driven …

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Latitude-Margaritaville-rendering
DevelopmentSeniors HousingTexasTop Stories

Texas City Commission Approves 1,318-Acre Latitude Margaritaville Development on Texas Gulf Coast

by Abby Cox

TEXAS CITY, TEXAS — The Texas City Commission has approved the development of Latitude Margaritaville, a 1,318-acre active adult master-planned community in Texas City, a coastal city along Galveston Bay and near the Gulf of Mexico.   The project, which will be led by Minto Communities USA and Margaritaville Holdings, will be situated about 40 miles southeast of Houston between Texas Highways 3 and 146, north of the Emmett F. Lowry Expressway and extending toward Moses Bayou. This project marks the first Latitude Margaritaville community in the state and the collaboration’s first development in Texas. Plans for Latitude Margaritaville Galveston Bay call for approximately 3,500 residences that include single-family, village and cottage-style homes for residents ages 55 and up. The homes will feature the Latitude Margaritaville brand’s casual, island-inspired aesthetics with open-concept floorplans, indoor-outdoor living spaces and abundant natural light. Signature amenities across the Latitude Margaritaville portfolio include a town square with a bandshell for live music and dancing; a Fins Up! Fitness Center; Latitude Bar & Chill restaurant; Workin’ N’ Playin’ Center; Last Mango Theater; Paradise Pool; Changes in Attitude poolside tiki bar; tennis, pickleball and bocce ball courts; and the Barkaritaville Dog Park and Pet Spa, in addition to …

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