National

Holland & Knight has relocated its Nashville office to Symphony Place, one of Nashville’s premier office towers. Occupying seven floors and 145,000 square feet, the Firm will be Symphony Place’s anchor tenant. Highwoods Properties is the building owner. Located in the heart of SoBro, the office will offer convenient access to major corporate headquarters, courts, …

ATLANTA — Allen Morris Co. received a $113.7 million loan from Banco Inbursa for the refinancing of Star Metals Offices, a 267,000-square-foot office tower in Atlanta’s West Midtown neighborhood. The transaction will retire the existing construction loan provided by Bank OZK and Barings.  The 15-story office tower, which is 97 percent leased, opened in July 2021 and is the …

Tishman Speyer said Wednesday it has been selected by the ownership of Boston SE Propco LLC to provide third-party management and leasing services at 1000 Washington St. and 321 Harrison Ave., a 490,000-square-foot, two-building campus in Boston’s South End. 321 Harrison Avenue encompasses 247,000 square feet of Class A lab and office space catering to …

The Community Builders (TCB) has appointed Morgan Wilson as chief of systems and strategy, a newly created role, and Alexa Ducote to succeed Wilson as CFO. Both leaders will report to president and CEO Bart Mitchell.  In his new role, Wilson will continue to oversee information technology and business information systems teams and will work closely with Mitchell on advancing change initiatives, including strategic planning for 2027–2029.  He joined TCB …

Twelve years after Candlestick Park was demolished and the San Francisco 49ers relocated to Santa Clara, developer FivePoint is set to begin work on the long-delayed Candlestick Point mixed-use project. The San Francisco Chronicle reported that the San Francisco County Board of Supervisors voted Tuesday to approve the final map for the project. The first …

(Updated with additional information) Colliers on Tuesday announced the sale of 333 S. Hope St., a/k/a Bank of America Plaza, in Downtown Los Angeles. The 1.4-million-square-foot office tower traded through a receivership sale, with fee-simple title delivered at closing. The asset traded for $210 million, making it the largest office sale in Los Angeles in …

Lee & Associates closed a $24.8 million sale transaction for a 442,601-square-foot industrial building located at 1717 Gifford Drive in Elgin, Illinois. Frank Griffin, principal and Mike Adams, senior vice president, at Lee & Associates’ Illinois office represented the buyer, PJP Holdings, LLC, a rigid plastic manufacturing company that will modernize the facility and surrounding …

LaSalle Investment Management has acquired Red Cedar Flats, a 190-unit, 436-bed purpose-built student housing community located within walking distance to Michigan State University in East Lansing, Michigan. LaSalle acquired the property on behalf of LaSalle Value Partners IX, alongside joint venture partners King Bridge Partners and Clear Rock Capital. Completed in 2021, Red Cedar Flats …

JPI has broken ground on a $103.2 million, 415-unit multifamily development in Denton, Texas.  Located at 3855 Hudsonwood Road, Jefferson Quail Creek marks the company’s fifth construction close in Texas and third workforce community this calendar year. The community also marks the company’s second partnership with the Denton Housing Authority in 2025. JPI recently broke ground on Jefferson Bonnie Brae, …

Ytech secured $565 million in construction financing from J.P. Morgan (NYSE: JPM) and Sculptor Real Estate for The Residences at 1428 Brickell, a 70-story residential condominium tower already under active construction and more than 60 percent sold. J.P. Morgan provided financing as the senior lender, with Sculptor Real Estate as the junior lender for the development. Melissa Rose and Brian …

Northwood Investors sold Cheeca Lodge & Spa, a historic fishing and sporting resort destination located in Islamorada at the heart of the Florida Keys, to Bass Pro Shops. JLL advised on the sale. In April, Northwood listed the property for $300 million. Northwood Hospitality will continue to operate the 27-acre, 254-room resort. Over the past 15 …

Kolter Multifamily closed on financing and commenced construction for Alton Delray, a 386-unit Class A apartment community located at 2101 S. Congress Avenue in Delray Beach, Florida. The company obtained a $91.7 million construction loan from US Bank.  Alton Delray will comprise multiple six-story residential buildings arranged throughout the site. Just south of Linton Blvd and …

A consortium led by KKR, the Kuwait Investment Authority, NVIDIA and Vistra have launched Helix Digital Infrastructure, a new company designed to address growing demand for integrated AI infrastructure solutions by combining data center, power and connectivity development under a single platform.  Helix launches with more than $10 billion in capital commitments from its founding investors and will …

Tishman Speyer reached the first close on its Korea Living Venture (KLV), securing US$300 million in third-party equity commitments from two blue-chip European pension funds for a new fund dedicated to acquiring, repositioning and developing multifamily and accommodation properties throughout Seoul. The commitments from APG Asset Management N.V. and Bouwinvest provide a strong foundation for …

As the Trump administration moves to sell off federal office buildings, the General Services Administration (GSA) has tallied nearly $26 billion in maintenance needs, Bloomberg News reported. The backlog includes 62 buildings that require repairs costing $100 million or more. Efforts to chip away at the list of repairs are being held up by rules …

Executive Summary Despite a significant repricing of U.S. Treasury yields in recent weeks, equity and credit markets have remained notably resilient. The explanation lies not in yield levels themselves, but in the behavior of rate volatility — specifically, the ICE BofA MOVE Index. As long as the rise in yields remains orderly and correlated with …

New York City needs to modernize the land-use and regulatory processes that govern healthcare and life sciences construction, the New York Bulding Congress (NYBC) said in a new report, “Building a Healthier Five Boroughs: The Infrastructure Behind Better Health and Economic Growth.” It argues that healthcare construction is essential infrastructure, and the modernization of existing …

Rudin said Tuesday that current tenant SFA Agency LLC will grow its footprint at One Battery Park Plaza, a 35-story, 800,000- square-foot office tower in Lower Manhattan. SFA Agency, an affiliate of Northwestern Mutual, will now occupy 14,071 square feet in a 10-year lease extension. A tenant at One Battery Park Plaza since 2023, the financial …

Nancy McClure is well known in Tucson as one of the town’s most prolific commercial real estate agents. She is leaving CBRE after spending 36 years with them, and will be in charge of Western Retail Advisors new Tucson office. McClure will become the Senior Vice President & Southern Arizona Market Leader.  McClure brings decades …

Scannell Properties acquired close to 130 acres off State Route 85 and Southern Avenue in Buckeye from Arizona Land Consulting for $ 32.5 million. Arizona Land Consulting purchased the property in 2024 for $18.3 million. A previous owner had the town’s approval for a 2-million-square-foot industrial campus. The Phoenix Business Journal reports a new developer …

Coldwell Banker Professional Group (CBPG), an affiliate of the Coldwell Banker Commercial network, announced the launch of Coldwell Banker Commercial Professional Group (CBCPG), a dedicated commercial real estate division serving businesses, investors, developers, and commercial property owners throughout Oregon. The launch of CBCPG marks a significant expansion for the company as it continues growing its …

IZO Capital recently closed a $47 million stretch senior construction loan for Roosevelt Manor, a 137-unit Class A mixed-use multifamily development in Seattle’s Roosevelt neighborhood, located just steps from the Roosevelt Light Rail Station. The financing will support the ground-up development of a transit-oriented residential community with ground-floor retail and a range of modern amenities. …

While a decision is not final, Morgan Stanley is considering building an office tower at 2401 McKinney Ave. in Uptown Dallas. The Dallas Business Journal reports that the firm has left several clues indicating it is interested in the property, which is currently home to a seafood restaurant (photo) and a shuttered Gold’s Gym. The …

Celestica will renew its lease of two existing buildings and add a new lease for a 343,000-square-foot building currently under construction, totaling approximately 1 million square feet that Celestica will occupy through 2036. Celestica will make an estimated $300 million capital investment over the next two years to support tenant improvements and the addition of new …

Oak Row Equities and Mariposa Real Estate claim to have completed the largest single land acquisition in Florida. The joint venture closed on the $520 million purchase of Aimco’s 4.25-acre waterfront parcel—located at 1001 and 1111 Brickell Bay Drive—with 485 feet of continuous Biscayne Bay frontage. The Brickell assemblage includes The Yacht Club Apartments and the …

The Fairfax County Economic Development Authority Commission (FCEDA) has named George D. Thomas its next president and CEO. Thomas, an economic development executive and technology strategist, brings over 25 years of leadership experience across economic development, technology, infrastructure, investment attraction, workforce development and public-private partnerships.  Thomas succeeds Victor Hoskins, who is leaving the role after …

Rockpoint, LCOR, and Potomac Investment Properties (PIP) announced the formation of a joint venture to acquire an office property in the Georgetown neighborhood of Washington, D.C. and transform it into a multifamily community. The two-building property, located at 1000 and 1050 Thomas Jefferson Street NW, will become a highly amenitized 299-unit residential community with approximately …