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Craig International to Develop 189-Acre Mixed-Use Project in Denison, Texas

2026-04-17T00:55:40Z

DENISON, TEXAS — Craig International will develop a 189-acre mixed-use project in the North Texas city of Denison. The Denison Development Alliance selected the locally based firm to lead development of the site at the intersection of U.S. Highway 75 and FM 84, which the municipal entity envisions as the “gateway” to Craig International’s $6 billion Preston Harbor master-planned community. Specific commercial and residential plans and uses for the site have not yet been announced. The project will move forward in phases, beginning with collaborative planning between Craig International and the City of Denison to refine the site plan, align on a long-term vision and recruit anchor users.

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JLL Provides Agency Acquisition Financing for 589-Unit Apartment Community in Fort Worth

2026-04-17T00:53:58Z

FORT WORTH, TEXAS — JLL has provided an undisclosed amount of Fannie Mae acquisition financing for LeftBank, a 589-unit apartment community in Fort Worth. Built in 2018 and located just west of the downtown area, LeftBank offers studio, one-, two-, three- and four-bedroom units that are furnished with stainless steel appliances, granite and quartz countertops, in-unit washers and dryers and private patios/balconies. Amenities include a pool, fitness center, bowling lounge, shared workspaces and a dog park with a washing station. Leon McBroom, Rob Bova, Lauren Dow and Ellie Savage of JLL originated the five-year, fixed-rate loan on behalf of the owner, Bow River Capital.

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Housing Trust Group Completes $26M Affordable Housing Project in Northwest Austin

2026-04-17T00:50:36Z

AUSTIN, TEXAS — Miami-based Housing Trust Group (HTG) has completed Red Oaks, a $26 million affordable housing community in northwest Austin. Red Oaks features 70 units that are reserved for households earning up to 30, 50 and 60 percent of the local area median income. Amenities include a pool, fitness center, playground, outdoor grilling areas, a dog park, clubroom and package lockers. HTG partnered with nonprofit group AM Affordable Housing and locally based consulting firm Thoman & Butler on the project. Bank of America provided a $15.6 million construction loan for the project, and the capital stack also included $16 million in Low-Income Housing Tax Credits that were allocated by the Texas Department of Housing and Community Affairs and syndicated through Raymond James.

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Taylor Communications Signs 241,931 SF Industrial Lease Renewal in South Dallas

2026-04-17T00:48:50Z

DALLAS — Taylor Communications Inc. has signed a 241,931-square-foot industrial lease renewal in South Dallas. The provider of commercial printing and branding services will remain a tenant at Stoneridge 9, a building located at 8700 Autobahn Drive that according to LoopNet Inc. was completed in 1999 and totals 372,610 square feet. Scott Gredler of Cushman & Wakefield represented the tenant in the lease negotiations. John Gorman and Canon Shoults of Holt Lunsford Commercial represented the landlord, TA Realty.

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Newmark Provides $111.4M Agency Loan for Refinancing of Multifamily Property in Danbury, Connecticut

2026-04-17T00:39:50Z

DANBURY, CONN. — Newmark has provided a $111.4 million Fannie Mae loan for the refinancing of Abbey Lane Apartments, a 470-unit multifamily property located in the southern Connecticut city of Danbury. Abbey Lane Apartments features studio, one-, two- and three-bedroom units that are furnished with stainless steel appliances and in-unit washers and dryers. Select residences offer private patios or balconies. Amenities include a pool, coworking lounge and a children’s playroom. Rob Cantizano, Greg Primiano and Deric Obeldobel of Newmark originated the financing on behalf of the owner, Abacus Capital Group.

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Greystone Funds $49.2M Agency Refinancing for Apartment Building in Norwalk, Connecticut

2026-04-17T00:34:32Z

NORWALK, CONN. — Greystone has funded a $49.2 million Fannie Mae loan for the refinancing of SoNo Central, a 150-unit apartment building located in the southern coastal Connecticut city of Norwalk. Built in 2024, SoNo Central rises six stories and offers studio, one- and two-bedroom residential units in addition to 12 commercial spaces. Amenities include a pool, fitness center, community great room, bocce ball court and outdoor grilling and dining stations. Clint Darby and Andrew Remenschneider of Greystone originated the financing on behalf of the owner, Spinnaker Real Estate Partners.

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Kislak Negotiates $7.9M Sale of Seniors Housing Development Site in Millersville, Pennsylvania

2026-04-17T00:31:36Z

MILLERSVILLE, PA. — New Jersey-based brokerage firm The Kislak Co. Inc. has negotiated the $7.9 million sale of a seniors housing development site in Millersville, a suburb of Lancaster. The 67-acre site at 306 S. Duke St. is the future home of a 420-unit, age-restricted community that will be known as The Village at Funk’s Farms. Plans for the project also include a healthcare facility with up to 75 beds. Matt Wolf of Kislak represented the seller, HHF Real Estate, in the transaction and the buyer, Burkentine Builders.

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GTIS Partners Acquires 116 Acres in Tampa to Develop 4Ward Logistics Center

2026-04-17T13:08:01Z

TAMPA, FLA. — New York City-based GTIS Partners has acquired approximately 116 acres in Tampa to develop 4Ward Logistics Center, an industrial development that will span 382,500 square feet across two rear-load distribution buildings. Situated near I-4 in the East Tampa submarket, the site benefits from two nearby interchange access points, providing immediate access to local and regional logistics corridors, as well as direct connectivity to Port Tampa Bay. 4Ward Logistics Center is expected to be delivered in the second half of 2027. JLL will handle leasing and marketing for the project.

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Bell Partners Reopens 256-UnitMultifamily Community in Atlanta’s West Midtown

2026-04-17T13:06:55Z

ATLANTA — Bell Partners has reopened Bell Collier Village, a 256-unit multifamily community located along Howell Mill Road in Atlanta’s West Midtown neighborhood. Preleasing has already begun, and the first residences are expected to be available in June. Monthly rental rates begin at $1,315. The restored five-story apartment complex features a mix of studio, one- and two-bedroom floorplans, ranging in size from 426 to 1,657 square feet, according to Apartments.com. Amenities include a saltwater swimming pool, sundeck, fitness center, dog park, clubhouse, pet washing station, courtyard, grilling areas and a rooftop terrace.

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JLL Arranges Sale of 458,617 SF Office Campus in Jacksonville, Buyer Plans Redevelopment

2026-04-17T13:05:37Z

JACKSONVILLE, FLA. — JLL Capital Markets has arranged the sale of 8000 Baymeadows Way, a 458,617-square-foot office campus located in Jacksonville’s Butler/Baymeadows submarket. Robbie McEwan, Tucker Brooks, Hunter Smith, Jesse Jones and Jesse Shimp of JLL represented the undisclosed seller and procured the buyer, Orlando-based Foundry Commercial. J. Paul Reynolds represented Foundry Commercial in the transaction. The sales price was also not disclosed. 8000 Baymeadows Way spans five buildings and previously served as an office campus. Foundry Commercial plans to redevelop the property.

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Marcus & Millichap Brokers Sales of Two Westside Los Angeles Multifamily Properties for $46.3M

2026-04-17T13:05:35Z

LOS ANGELES — Marcus & Millichap has arranged the sales of two apartment complexes in the Brentwood neighborhood of Los Angles for a combined value of $46.3 million. Rabbie Banafsheha and Tony Azzi of the Azzi Group of Marcus & Millichap represented the seller in the deal. Totaling 61 units, the properties include an asset at 11911 Mayfield Ave. with 31 units and a nonconforming studio and a 29-unit building at 11860 Kiowa Ave.

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Compass Capital Investments Buys 71,971 SF Medical Office Property in San Diego

2026-04-17T13:04:37Z

SAN DIEGO — Compass Capital Investments has acquired RB Medical Plaza, a medical office property located at 11770 Bernardo Plaza Court in San Diego, from Bernardo Court MOB LLC for $18.2 million. RB Medical Plaza offers 71,971 square feet of medical office space spread across two buildings. The medical tenant mix includes dermatology, urology, pain management and chiropractic services. The asset was originally built in the 1980s and remodeled in 2023. Matt Porch, Anthony DeLorenzo and Chris Bodnar of CBRE represented the seller in the transaction.

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Maddox Brokers $11M Sale of Medical Office Building in Knoxville

2026-04-17T13:04:27Z

KNOXVILLE, TENN. — Maddox Cos. has brokered the $11 million sale of the WestMed Building, a 55,000-square-foot medical office building situated on Sherrill Boulevard in Knoxville. Maddox Cos. represented both the seller, Knorr Family Properties, and the buyer, Clear Passage LLC, in the transaction. Built in 2004, the healthcare property sits on roughly 3 acres, according to LoopNet.

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GreenTree Hospitality Group Divests of GreenTree Pasadena Inn in Southern California

2026-04-17T13:02:06Z

PASADENA, CALIF. — GreenTree Hospitality Group has completed the sale of GreenTree Pasadena Inn in Pasadena to a private buyer for an undisclosed price. Stanley Wang and Gordon Allred of the Allred Hotel Group at Marcus & Millichap represented the seller in the deal. Located at 400 S. Arroyo Parkway, GreenTree Pasadena Inn is situated a few blocks from the Pasadena Convention Center, Old Pasadena and the historic Rose Bowl.

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The Picklr to Open 18,500 SF Indoor Pickleball Facility in Fairfield, California

2026-04-17T13:01:14Z

FAIRFIELD, CALIF. — The Picklr has signed a lease to open an 18,500-square-foot facility at 1574 Gateway Blvd. in Fairfield. Slated to open in May, the location will be The Picklr’s second Northern California facility. The Picklr Fairfield will offer seven pickleball courts, including one championship court, AI-powered coaching technology, league play, tournaments and drop-in play opportunities. Additional amenities will include a pro shop, grab-and-go food-and-beverage options, private event spaces, locker rooms and showers, outdoor surfacing areas and court reservations. John Brecher of JLL represented The Picklr in the lease negotiations. Founded in 2021, The Picklr is a membership-based indoor pickleball club concept designed to provide high-quality courts for players of all levels.

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Arrowpoint Properties Sells 51-Unit Apartment Building in Lowell, Massachusetts

2026-04-17T00:29:20Z

LOWELL, MASS. — Regional owner-operator Arrowhead Properties has sold a 51-unit apartment building in the northern Boston suburb of Lowell. Wood Crest Apartments consists of two studios, 20 one-bedroom units and 29 two-bedroom residences that were fully occupied at the time of sale. Arrowpoint, which acquired the asset in late 2020 and implemented capital improvements, sold the building as part of a 1031 exchange. The buyer and sales price were not disclosed.

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Lee & Associates, CBRE Arrange Sale of 510,000 SF Former Corporate Campus in Elgin, Illinois

2026-04-17T12:57:37Z

ELGIN, ILL. — Lee & Associates of Illinois and CBRE have arranged the sale of a 510,000-square-foot, 82-acre former corporate campus and ministry facility at 1000 N. Randall Road in Elgin. Kenneth Franzese and John Cassidy of Lee & Associates and Tony Gange of CBRE represented the seller, Harvest Bible Chapel. The self-represented buyer was Acts2Network, a Christian organization based in California. Originally developed as Safety-Kleen’s world headquarters in 1993, the property includes a roughly 350,000-square-foot office building wrapped around a multi-story parking deck, plus a 160,000-square-foot addition developed by Harvest Bible Chapel to accommodate an academy, worship center, gym and multipurpose ministry space. Amenities include a 2,100-seat auditorium, athletic center, production studios, training rooms, a cafeteria with full kitchen, visitor café and related support areas. The transaction terms included a longer-term leaseback for Harvest Bible Chapel’s academy and portions of its corporate offices, worship center and support spaces. Prior to closing, Acts2Network and Harvest Bible Chapel began cohabitating the campus. Shared spaces such as the worship center and gym serve both organizations.

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Inland Purchases 156-Unit Senior Living Community in Metro Chicago

2026-04-17T12:58:09Z

MOKENA, ILL. — Inland Real Estate Acquisitions LLC has purchased Clarendale of Mokena, a 156-unit senior living community in Mokena, a southwest suburb of Chicago. The property features 60 independent living residences, 56 assisted living units and 40 memory care units. Amenities include a bistro, pub, dining room, fitness studio, theater room, salon, outdoor patio and landscaped grounds. Clarendale of Mokena was 94 percent occupied at the time of sale. Inland’s Matthew Tice and Brett Smith completed the transaction on behalf of an Inland affiliate. A joint venture between LCS and Nuveen Real Estate was the seller. LCS Community Operations will continue to provide management services for the community and its residents.

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Marcus & Millichap Brokers $9.3M Sale of Retail Center in Alton, Illinois

2026-04-17T12:55:56Z

ALTON, ILL. — Marcus & Millichap has brokered the $9.3 million sale of Oakwood Plaza, a 16-suite retail property in Alton. Built in 2005, the 45,400-square-foot center sits on nearly 9 acres and is home to tenants such as Panera, Spectrum, Dollar Tree and Great Clips. Chris Garavaglia, Alex Perez and Steven Weinstock of Marcus & Millichap represented the seller, Commonwealth Commercial. Buyer information was not provided.

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Peavey Road Partners Buys 42,886 SF Industrial Property in Chaska, Minesota

2026-04-17T12:54:49Z

CHASKA, MINN. — Peavey Road Partners LLC has purchased a 42,886-square-foot industrial property at 4024 Peavey Road in Chaska for $3.1 million. The buyer plans to position the site for one of Minnesota’s first “mezzobusiness” cannabis cultivation, manufacturing and retail operations. The tenant will be Blom Inc., a Minnesota-based cannabis company pursuing a mezzobusiness license, the state’s most vertically integrated license type that allows for cultivation, manufacturing, processing, packaging and retail operations within a single platform. United Prairie Bank provided acquisition financing for the transaction. In addition, Peavey Road Partners plans to invest approximately $4 million for building improvements to convert the former industrial facility into a state-compliant cultivation and retail operation. Kai Thomsen, principal at Lee & Associates Twin Cities, and Wade Shatzer of Equimax created Peavey Road Partners to address the unique real estate and capital challenges specific to Minnesota’s cannabis industry. Hudson Brothen of Cushman & Wakefield represneted the seller of the property, Highland Development.

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