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Agora Realty Breaks Ground on $375M Final Phase of Mixed-Use Entertainment Project in North Las Vegas

Amy Works — Wed, 07 Oct 2026 15:32:30 +0000

NORTH LAS VEGAS, NEV. — Agora Realty has broken ground on the third and final phase of Hylo Park, a 73-acre mixed-use entertainment project in North Las Vegas. Upon completion, the $375 million, 25-acre final phase will include a 250,000-square-foot multi-sport indoor field house; an existing multi-sport arena, fully accredited college preparatory Game Changers Sports Academy; an outdoor public space, community field, shops, restaurants and a family entertainment center; and a 177-key Hilton Embassy Suites Completion is slated for late 2027. Additional phases of the project include Hylo Park South, a 90,750-square-foot grocery-anchored retail center that was completed in July as the second phase of the project, and a nearly 400-home residential neighborhood called The West End, which was developed by Lennar Corp. Project partners include Advent, a research-driven, technology-forward storytelling agency, and PMY Group, a full-service provider of technology, data and creative solutions.

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Affinius Capital Provides $94.8M Construction Loan for Student Housing Project Near Oregon State University

Amy Works — Wed, 07 Oct 2026 15:22:19 +0000

CORVALLIS, ORE. — Affinius Capital has provided a $94.8 million construction loan for Zev Corvallis, a 13-story student housing property that will serve students at Oregon State University. The borrower is Fields Holdings. Scheduled for a fall 2028 completion, Zev Corvallis will feature 667 beds across 262 studio, one-, two-, three- and four-bedroom unit. Residences will be furnished with quartz countertops, stainless steel appliances, modern cabinetry, in-unit washers/dryers and smart-home technology. Communal amenities will include a pool, rooftop deck, indoor basketball court, sauna, theater, fitness center, yoga room, study and resident lounges, as well 4,500 square feet of retail space.

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Hines Acquires 99 West Paces Apartments in Atlanta for $240M

John Nelson — Wed, 07 Oct 2026 15:20:22 +0000

ATLANTA — Houston-based Hines has announced that Hines Global Income Trust Inc. (HGIT) has purchased 99 West Paces, a 312-unit luxury apartment tower in Atlanta’s Buckhead district. The seller and sales price for 99 West Paces were not disclosed, but Atlanta Business Chronicle reports that the 13-story apartment property traded for approximately $240 million. The buyer’s affiliate property management firm Hines Living will operate the luxury community, which was 95 percent occupied at the time of sale. Built in 2023, 99 West Paces features one-, two- and three-bedroom apartments, as well as some penthouse units, a wellness club and fitness center, pet spa, coworking spaces and a sky lounge. The property fronts West Paces Ferry Road and is within walking distance to a Whole Foods Market, Buckhead Village and Buckhead Theatre. Michael Harrison and Vikram Mehra of Hines’ U.S. Sunbelt team led the acquisition, which represents Hines’ first acquisition in the Atlanta market. The acquisition of 99 West Paces was part of a $500 million announcement that also included HGIT’s purchase of Bishop Arts Portfolio in Dallas and Castings Commerce Center in Columbus, Ohio.

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Miami Design District Associates, BH3 Partner to Develop 20-Story Office Building

John Nelson — Wed, 07 Oct 2026 15:15:25 +0000

MIAMI — Miami Design District Associates and BH3 Management have formed a joint venture to develop The Ursa, a 20-story office tower in Miami’s Design District. The development was previously announced, but the newly formed joint venture has expanded the square footage of the project’s original vision by 40 percent. Designed by Arquitectonica and Arsham Studio, The Ursa will include 250,000 square feet of Class A office space with 14-foot ceilings and a suite of amenities, including an amenity deck, art installations and fitness facilities. The property will also include 15,000 square feet of ground-level retail space and onsite parking. Construction is expected to begin in 2027, with completion anticipated in 2029.

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Northmarq Provides $68.8M Agency Loan for Refinancing of Texas Multifamily Portfolio

Taylor Williams — Wed, 07 Oct 2026 15:13:58 +0000

HOUSTON AND SAN ANTONIO — Northmarq has provided a $68.8 million Freddie Mac loan for the refinancing of a portfolio of three multifamily properties totaling 940 units in Texas. Two of the properties — Holden Heights and Estancia San Miguel — are located in Houston, and the third property, The Montecristo, is located in San Antonio. Holden Heights and Estancia San Miguel total 282 and 300 units and were built in 2015 and 2006, respectively. Both properties offer one- and two-bedroom units, while Estancia San Miguel also includes three-bedroom floor plans. Built in 2005, The Montecristo totals 358 units in one-, two- and three-bedroom floor plans. Taylor Francis, David Blum, Joe Giordani, Charlie Buckingham and Matt Radich of Northmarq originated the fixed-rate loan on behalf of the borrower, Francis Property Management.

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First Washington Realty Sells Two Miami Shopping Centers to Publix Super Markets

John Nelson — Wed, 07 Oct 2026 15:12:06 +0000

MIAMI — First Washington Realty (FWR), a shopping center owner-operator based in Bethesda, Md., has sold two Publix-anchored shopping centers in Miami to Publix Super Markets Inc. The sales price was not disclosed. The properties include Airpark Plaza, a 171,443-square-foot shopping center near Miami International Airport at 5715 N.W. 7th St., and The Shoppes at Quail Roost, a 73,550-square-foot center located at 20201 S.W. 127th Ave. on the city’s south side. Both properties were fully leased at the time of sale.

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Walker & Dunlop Arranges $86.5M Refinancing of New Apartment Community in Richmond

John Nelson — Wed, 07 Oct 2026 15:07:43 +0000

RICHMOND, VA. — Walker & Dunlop has arranged an $86.5 million loan for the refinancing of Chasen, a new 352-unit apartment community located in the Scott’s Addition neighborhood of Richmond. Alexandra Huffman, Justin Nelson, Andrew Tapley, P.J. Feichtmeier, Eric Norris and Jared Diedrich of Walker & Dunlop arranged the variable-rate, interest-only bridge financing through a private credit lender on behalf of the borrower, locally based Capital Square. Fully delivered earlier this year, Chasen offers studio, one-, two- and three-bedroom residences, along with more than 5,000 square feet of ground-floor retail space. Amenities include a resort-style pool, fitness center, rooftop terrace, club room with a golf simulator, whiskey lounge, coworking center, dog wash station and courtyards.

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Nitya Capital Refinances 432-Unit Apartment Community in South Dallas

Taylor Williams — Wed, 07 Oct 2026 15:06:34 +0000

DALLAS — Houston-based investment firm Nitya Capital has refinanced Interlace Apartments, a 432-unit multifamily community in South Dallas. The property offers studio, one- and two-bedroom units and amenities such as two pools, a fitness center, children’s play area and pet-friendly facilities. Morgan Stanley provided the debt, specific terms of which were not disclosed.

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Summit RE Negotiates Sale of 113,160 SF Shopping Center in Tulsa

Taylor Williams — Wed, 07 Oct 2026 15:02:15 +0000

TULSA, OKLA. — Regional brokerage firm Summit RE has negotiated the sale of Harvard Ave Shoppes, a 113,160-square-foot shopping center in Tulsa. Information on tenancy was not disclosed. Hudson Lambert of Summit represented the Tulsa-based seller in the transaction. Andrew Williams, also with Summit, represented the buyer, a 1031 exchange investor based in North Texas. Both parties requested anonymity.

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Brennan Buys 9,000 SF Industrial Outdoor Storage Facility in Metro Austin

Taylor Williams — Wed, 07 Oct 2026 14:59:56 +0000

PFLUGERVILLE, TEXAS — Chicago-based Brennan Investment Group has purchased a 9,000-square-foot industrial outdoor storage (IOS) facility in the northern Austin suburb of Pflugerville. The facility was built on 4.6 acres and features 24-foot clear heights and space to accommodate a variety of outside storage uses. The seller and sales price were not disclosed.

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IPA Arranges $14.7M Sale of Apartment Complex in Forest Grove, Oregon

Amy Works — Wed, 07 Oct 2026 14:52:09 +0000

FOREST GROVE, ORE. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $14.7 million sale of The Boxer, a 99-unit apartment complex in Forest Grove, about 27 miles west of Portland. Hillsboro, Oregon-based Bender Equities sold the property to San Francisco-based Tam Ridge Partners. The Boxer is a nine-building property that was developed in the 1960s and renovated in 2019. Amenities include a playground, onsite laundry facilities, a lounge with a kitchen, fireplace, shuffleboard and dining areas. IPA’s Anthony Palladino, Philip Assouad, Giovanni Napoli, Ryan Harmon, Nick Ruggiero represented the seller in the transaction. David Tabata of Marcus & Millichap assisted in closing the deal as the firm’s broker of record in Oregon.

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Kidder Mathews Negotiates Sale of 58,255 SF Industrial Building in Tacoma, Washington

Amy Works — Wed, 07 Oct 2026 14:42:04 +0000

TACOMA, WASH. — Regional brokerage firm Kidder Mathews has negotiated the sale of a single-tenant industrial building located at 2223 S. 80th St. in Tacoma, approximately 35 miles south of Seattle. Matt McLennan and Andy Miller of Kidder Mathews represented the seller in the transaction, and Doug Klein of Kidder Mathews represented the buyer. Both parties requested anonymity. Built in 1993 on 2.4 acres, the 58,255-square-foot building is known locally as the Smith-Western Building and was fully leased at the time of sale to the wholesale distributor of souvenirs and tourist merchandise of the same name. The company has occupied the property since 1999 and recently executed a new 72-month lease beginning in Jan. 1, 2026 and running through Dec. 31, 2031. The lease also includes one five-year renewal option. Located within the Tacoma/Lakewood industrial submarket, the property provides immediate access to I-5 and connectivity to the Port of Tacoma, Seattle-Tacoma International Airport and the broader Puget Sound region. Building features include 24-foot clear heights, nine dock-high doors, two grade-level doors, three exterior levelers, a wet sprinkler system and 1,600 amps of power.

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Ariel Property Advisors Negotiates $45M Sale of Upper Manhattan Affordable Housing Portfolio

Taylor Williams — Wed, 07 Oct 2026 14:34:45 +0000

NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has negotiated the $45 million sale of Hudson View II and III, a four-building affordable housing portfolio in Upper Manhattan. The building are located at 520 W. 145th St., 528 W. 145th St., 1704 Amsterdam Ave. and 502-504 W. 145th St. and comprise 129 Section 8 residential units and 11 retail spaces. Victor Sozio, Shimon Shkury and Remi Mandell of Ariel represented the undisclosed seller in the transaction. The name and representative of the buyer were also not disclosed.

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Galvanize Real Estate Acquires 360,000 SF Industrial Portfolio in Boston

Taylor Williams — Wed, 07 Oct 2026 14:24:26 +0000

BOSTON — Galvanize Real Estate, the sustainable real estate arm of global asset manager Galvanize, has acquired a portfolio of three industrial buildings totaling 360,000 square feet in Boston. Known as the Liberty Logistics Portfolio, the buildings are located in the Metro West and Metro South submarkets. Specific addresses were not disclosed. Galvanize plans to retrofit the buildings with various sustainability features to reduce the portfolio’s total carbon emissions by 104 percent. The seller and sales price were not disclosed.

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Marcus & Millichap Brokers $5.3M Sale of Shopping Center in Waterloo, New York

Taylor Williams — Wed, 07 Oct 2026 14:11:45 +0000

WATERLOO, N.Y. — Marcus & Millichap has brokered the $5.3 million sale of Tops Plaza at Seneca Falls, a 122,799-square-foot shopping center in Waterloo, about 40 miles west of Syracuse. Built on 34 acres in 1960, the center comprises 12 units and was fully leased at the time of sale. Tenants include Tops Market and AutoZone. Joseph French and Kodi Traver of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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Department of War Signs 23,600 SF Office Lease in Carle Place, New York

Taylor Williams — Wed, 07 Oct 2026 14:08:04 +0000

CARLE PLACE, N.Y. — The U.S. Department of War has signed a 10-year, 23,600-square-foot office lease in Carle Place, located on Long Island. The space is located within the 320,000-square-foot, newly repositioned building at 1 Old Country Road, and the federal cabinet plans to take occupancy early next year. Kelly Koukou of Lee & Associates represented the landlord, DBD Realty Group, in the lease negotiations. Ralph Guiffre, Vince Lamatta and Richard Freel of CBRE represented the tenant.

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Annex Group Opens 192-Unit Affordable Housing Community in Council Bluffs, Iowa

Kristin Harlow — Wed, 07 Oct 2026 13:03:00 +0000

COUNCIL BLUFFS, IOWA — The Annex Group has opened Union at Bluffs Run, a 192-unit affordable housing community in Council Bluffs. The $58.2 million property features one-, two- and three-bedroom units that are restricted to households whose income level is at or below 60 percent of the area median income. Amenities include a community room, fitness center, playground, dog walking area and picnic area. Partners on the project include DCCM, Snyder and Associates and the City of Council Bluffs. Merchants Capital provided more than $22 million in total equity and over $24 million in permanent debt financing. Merchants Bank provided more than $40 million in construction financing. Fannie Mae was also a partner. The Iowa Finance Authority issued 4 percent tax credits and tax-exempt bonds. Impact Housing Indiana is an organization dedicated to supporting residents of affordable housing communities within The Annex Group portfolio.

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Newmark Arranges $20M Sale of Liberty Corners Shopping Center in Metro Kansas City

Kristin Harlow — Wed, 07 Oct 2026 13:02:00 +0000

LIBERTY, MO. — Newmark has arranged the $20 million sale of Liberty Corners, a grocery-anchored shopping center in the Kansas City suburb of Liberty. First Washington Realty acquired the 125,000-square-foot property from Brixmor Property Group. Conor Lalor, Keely Polczynski and Tim McKay of Newmark represented the seller. Colleague Brian Schneiderman also supported the assignment. Price Chopper, which occupies 56,000 square feet and has been a tenant at the property since 1986, recently committed approximately $6.5 million toward a remodel and extended its lease through 2037.

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Flexday Launches Four Fractional Office Suites at PNC Centre in Chicago

Kristin Harlow — Wed, 07 Oct 2026 13:01:00 +0000

CHICAGO — Flexday, a national provider of flexible office solutions, has launched four fractional office suites at PNC Centre in Chicago’s Loop. The suites total more than 25,000 square feet and are designed to accommodate teams of 10 to 70 with flexible lease terms. The launch was made possible through a partnership with MetLife Investment Management, the building’s ownership group, as part of a broader capital investment in PNC Centre that includes a newly renovated lobby and upgraded tenant amenities. Brad Despot, Kim Doyle and Catherine Walsh of JLL represent MetLife at PNC Centre.

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Marcus & Millichap Brokers $6.3M Sale of Medical-Anchored Retail Portfolio in La Grange, Illinois

Kristin Harlow — Wed, 07 Oct 2026 13:00:00 +0000

LA GRANGE, ILL. — Marcus & Millichap has brokered the $6.3 million sale of a three-building, medical-anchored retail portfolio in downtown La Grange. The 34,279-square-foot, 12-suite portfolio spans an entire block and is located directly across from the Stone Avenue Metra Station. Longstanding tenants include Duly Health Care and Corte Dental, alongside national brands such as Rush Physical Therapy, Mathnasium and Berkshire Hathaway HomeServices. Adrian Mendoza, Sean Sharko and Austin Weisenbeck of Marcus & Millichap’s Sharko | Weisenbeck | Mendoza Group represented the seller, a private investor who is a long-term owner of properties in La Grange.

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