National

JBL is pursuing a plan to redevelop a Deerfield Beach shopping center, converting it into apartments and some retail. The town is considering JBL’s plan to rezone a 13-acre parcel on S. Federal Highway. The S. Florida Business Journal reports the company paid $18.85 million for Rivertowne Square, a 144,000-square-foot retail plaza built in 1980. …

Kennedy Wilson is partnering with Shimizu Corporation to develop Caldwell, a 382-unit luxury multifamily community in Sandy Springs, Georgia. Kennedy Wilson acquired the 6.9-acre site that housed a former UPS office in late 2025 and began demolition this summer. Kennedy Wilson’s John McCullough added, “By transforming an underused office site into a thoughtfully designed residential …

Burlington, VT-based Queen City Development Group has acquired a 100,255-square-foot industrial building in Brunswick, ME. JLL arranged $6.9 million in acquisition financing on behalf of the borrower, securing the five-year, fixed-rate loan through Bangor Savings Bank. Built in 1996 and renovated in 2007, 43 Bibber Parkway is a single-story, shallow-bay industrial building located on 7.78 …

WinnCompanies has closed on financing for the purchase and rehabilitation of Chicopee Village Townhomes, a 290-unit affordable housing community in western Massachusetts. The deal renews the property’s affordability protections, which were due to expire in 2026, and kicks off a $41.5 million rehabilitation effort that will address deferred maintenance on the aging collection of townhouse-style …

CBRE announced the closing of The Kimberly Apartments, a 54-unit multifamily investment at 475 E Cypress Avenue in Redlands, California. Sirott Investments is listed as the owner. Eric Chen and Blake Torgerson exclusively represented the buyer in this transaction. The property traded for $12,.3 million, reflecting $228,704 per unit and $144 per square foot, at a 5.71% current Cap Rate with …

Newmark arranged the $27.25 million sale of 401 Coral Circle, a 56,815-square-foot R&D office facility located in El Segundo, California. The property is 100% leased on a triple-net (NNN) basis to Rivian. The buyer was Majestic Realty. Newmark’s Kevin Shannon, Rob Hannan, Ken White, Laura Stumm, Michael Moll, Ryan Plummer, Andrew Briner and Aaron Banks represented …

Industrial Realty Group, LLC (IRG) has acquired a 422,727-square-foot industrial distribution facility located at 411 Farwell Avenue in South St. Paul, Minnesota, for $21 million. The property was formerly the headquarters of The Sportsman’s Guide, an online and catalog retailer. Situated on 19 acres in an established industrial corridor, the site is configured for cross-dock …

Chicago-based Evergreen Real Estate Group today announced it has broken ground on three affordable assisted living communities in Ohio, located near Dayton and Columbus. Construction is now underway on Green Oaks of Fairborn, located at 2124 Exchange Court in Fairborn, approximately 15 miles east of downtown Dayton. Work has also begun on Green Oaks of Grove City, …

The oldest of the 14 properties in the recently sold Doral industrial portfolio was built in 1973. Martin Waas, of Waas Realty handled the leasing and management of many of those warehouses. Many were separately owned with different LLC’s. Midtown Capital Partners was the buyer. The 300,000-square-foot portfolio sold for $86 million, or $296 per …

JBL is pursuing a plan to redevelop a Deerfield Beach shopping center, converting it into apartments and some retail. The town is considering JBL’s plan to rezone a 13-acre parcel on S. Federal Highway. The S. Florida Business Journal reports the company paid $18.85 million for Rivertowne Square, a 144,000-square-foot retail plaza built in 1980. …

The ranks of U.S. and Canadian tech talent skilled in artificial intelligence grew by 45% in the past year, with AI-related roles now accounting for nearly a third of U.S. tech-talent job listings and boosting office-leasing activity in top tech hubs, CBRE reported. The firm’s 13th annual Scoring Tech Talent report highlights the clustering of AI …

Avison Young said Tuesday it has reached an agreement on a recapitalization transaction that strengthens the company’s financial foundation and provides additional liquidity for growth, sustained profitability and long-term value. Building upon the successful recapitalization in 2024, the transaction positions Avison Young for its next phase of growth. The firm will engage in a disciplined …

The legal sector was the office sector’s shining star in Q2 2026, racking up a record-breaking 7.3 million square feet of leasing activity, according to Cushman & Wakefield’s “Legal Sector Leasing Trends” report. Year-over-year leasing volume increased by 27% year over year. During the first half of 2026, legal companies leased approximately 12.2 million square …

U.S. commercial property prices edged higher in July as the RCA CPPI US National All-Property Index posted its slowest annual gain since January 2025, MSCI Real Assets reported. The index increased 0.2% from a year earlier and rose 0.1% from June, translating to an annualized growth pace of 1.2%. “Borrowing costs for commercial real estate …

Simone Development Companies has signed two new leases totaling 36,000 square feet at its Mount Vernon, NY industrial center, marking the full lease-up of the two-story, 63,445-square-foot property. Located at 560 South Third Avenue, the facility features on-site parking, high clear ceiling heights, and a drive-in and loading dock, along with convenient access to the …

Sterling Equities has announced a major leadership transition, with Fred, Richard, and Scott Wilpon moving on to pursue other ventures. Sterling partners Saul B. Katz, Michael Katz, David Katz, Gregory Katz, Todd Katz, Bruce Wilpon, and Thomas Osterman will continue on as owners and leaders of the Great Neck, NY-based firm. Founded in 1972 by …

JPI is planning a 397-unit apartment complex at City North, the 100-acre master planned community near TSMC in North Phoenix. CityNorth is the fourth phase of multifamily at the mixed-use development. In addition to retail and office space, the master plan for the site contemplates a multi-phased development with eight multifamily buildings—a residential core with …

A Denver building, commonly known as “The Vault,” has been put up for sale. The 107,000-square-foot building, built in 1907, was occupied by the coworking company WeWork until it left the building five years ago. It’s now vacant. The Denver Business Journal reports Harbor Associates is the current owner, having paid $17.6 million in 2017. …

Community Roots Housing and Kids Co. have begun construction on a new early learning center at CopperLeaf Northgate, one of Seattle’s newest affordable housing communities. The new 7,761-square-foot center and outdoor play area will transform the ground-floor space at CopperLeaf into a purpose-built early learning environment. The project also represents a historic milestone for Kids …

Apartment transaction activity in Eastern Washington picked up in the second quarter of 2026, with 19 apartment sales totaling $76 million in Q2, according to a recent report from Kidder Mathews. The report offers a look at trends and the latest sales data across 20 counties, including Spokane, Benton, Franklin, Chelan, and Yakima. Spokane remained …

Hall Group has acquired a 112,000-square-foot office building in Dallas; Elliott Investment and Morning Calm Management were the sellers. Hall was represented by Eastdil Secured Savills. Commercial Search reports the property sold in 2017 for $46.8 million. The 2003-built property will be renamed Hall Uptown. Upgrades are slated to include improvements to the lobby and …

Bass Pro Shops will open a new store in College Station, Texas. The College Station location follows recent growth in the state, including newly opened locations in Odessa, Tyler, Spring and Grand Prairie, as well as a planned location in Abilene. With the addition of the College Station and Abilene locations, Bass Pro Shops will …

Coldwell Banker Commercial Elite announced the sale of the 34.2-acre Ulmanor property for $27 million, along with two additional Briscoe Lane parcels totaling three acres, bringing the combined transactions to approximately 37 acres and more than $29 million. The properties were listed and sold by Allison Graves, CCIM, Ben Keddie, SIOR, CCIM, and Brian Cunningham, …

Bosch Rexroth, a German-based global hydraulics manufacturer, recently held a ribbon-cutting ceremony at its new $20 million facility at Lehigh Valley Industrial Park in Bethlehem, Pennsylvania. The new 50,000-square-foot warehouse will feature automated storage and retrieval systems, increasing the facility’s storage capacity by 50%. Bosch Rexroth, which has been operating in the region for nearly …