National

Brennan Investment Group and Grandview Partners sold Crossroads Logistics Park, an 814,000 square foot industrial campus in Spartanburg, SC. The sales price was $99.5 million. Commercial Search reports that Invesco Real Estate acquired the asset. The campus was 100% occupied at the time of the sale. The average remaining lease term exceeds five years. Crossroads …

JLL Capital Markets secured acquisition financing for the Hyatt Regency Savannah, a 351-key full-service hotel situated on the Savannah River in the heart of the city’s nationally designated Historic District. JLL worked on behalf of the borrower, a joint venture between affiliates of Certares Real Estate Management and Clearview Hotel Capital, to secure a floating-rate …

The Healey-Driscoll Administration has announced $15.3 million in tax credits to spur five projects that will convert vacant or underutilized commercial properties into housing throughout Massachusetts. Supported by the Commercial Conversion Tax Credit Initiative, the projects will bring a total of 856 new rental homes to Boston, Dedham, Springfield, Westford, and Worcester. Among the newly …

City Realty has acquired a nine-building multifamily portfolio in Brookline, MA for $23.15 million. Colliers facilitated the sale on behalf of Ramon Realty. The portfolio, which features a 95% occupancy rate, totals 65,262 square feet across 49 residential units and three commercial spaces. Colliers noted that the properties attracted nationwide interest from private and institutional …

DAUM Commercial Real Estate Services finalized the $14.4-million sale of an 87,598 square-foot former university campus on approximately 6.4 acres in the Los Angeles County city of Lancaster. VP Dennis Marciniak represented the seller, University of Antelope Valley, LLC. The buyer, 44049 Sierra Hwy Propco, LLC, acquired the vacant campus with plans to reposition the property …

Greystone provided a $46.79-million Fannie Mae loan to refinance The Nash, a 190-unit multifamily property located at 4135 Park Boulevard in San Diego’s North Park neighborhood. Greystone’s Clint Darby and Andrew Remenschneider originated the financing, with BMO serving as correspondent. The property is owned by an affiliate of CEDARst. Completed in 2024, the property features 190 …

Entre Commercial Realty announced the successful transaction of a 20,000-square-foot facility at 8100 River Dr. in Morton Grove, Illinois. On behalf of an owner-user seeking to purchase a suitable facility ahead of its impending lease expiration, Ian Pattison of Entre Commercial Realty identified an ideal building to meet the buyer’s operational needs in the northern …

SVN | Chicago Commercial facilitated the $1.56 million sale of a six-unit Greystone and coach house property at 950–952 N. Noble Street in Chicago’s Noble Square neighborhood. Wayne Caplan, Senior Vice President with SVN | Chicago Commercial, represented the seller. The value-add property drew immediate buyer interest, before ultimately selling above asking price. The building’s …

The Portofino Place east and west apartment community in West Palm Beach sold for a combined $208 million in two deeds. Cortland Partners sold the 812 apartments at 4400 and 4600 Portofino Way to Fairfield Residential. It comes out to $246,000 a unit. The S. Florida Business Journal reports the individual properties were valued at …

The Housing Trust Group has been chosen by the Naranja Lakes Community Redevelopment Agency to move forward on a 328-unit affordable housing venture. If the vote goes as expected, the CRA will award the developer land and a $7 million loan in exchange for the development. The S. Florida Business Journal reports that this continues …

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 …

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 …

JLL’s recently released Global Bid and Credit Intensity Indices shows that credit markets are supporting transaction velocity, investor conviction is overcoming macroeconomic uncertainty and lenders continue competing to place capital. The gap between the indices peaked in May 2026 and has steadily narrowed since, “indicating stronger alignment between financing availability and transaction execution,” JLL said. …

Ariel Property Advisors arranged the sale of a three-building multifamily portfolio at 2460 Grand Ave. and 636-646 E. 231st St. in the Bronx for $7.5 million. Senior director Sam Schertz, director Daniel Mahfar and investment sales associate Erik Maloney represented the seller. “This sale highlights the continued demand for multifamily properties offering scale and long-term upside in …

OPEN Impact Real Estate has arranged a 15-year lease totaling approximately 77,000 square feet located at 5902 Sixth Ave. in Brooklyn’s Sunset Park neighborhood for Launch Expeditionary Learning Charter School. The lease secures one of Brooklyn’s few available purpose-built educational campuses and provides Launch High School with a permanent, purpose-built home. The transaction includes a 60,728-square-foot school …

Metropolitan Development Company (MDC) started construction on The Ferguson, a mixed-use residential and retail community space in the rapidly expanding city of Taylor.  Located at 1300 W. Second St., The Ferguson is the first and only condominium project in town, anchoring the city’s historic downtown at the heart of one of Central Texas’s fastest-growing markets. The Ferguson …

The Mesa Planning & Zoning Board okayed ER2’s application for a new headquarters at the corner of McDowell and Greenfield roads. The IT services and technology equipment recycling company plans to invest approximately $45 million and nearly double its Valley footprint by building a 155,000-square-foot industrial headquarters on vacant land near Falcon Field Airport. ER2 …

Online loan marketplace LendingTree Inc. is moving from one building to another in Pioneer Square in the southwest corner of downtown Seattle, Washington. The company signed a 39,000-square-foot lease at 83 King, a building owned by Hudson Pacific Properties. LendingTree will relocate from a similarly sized office at 157 Yesler Way, reported Puget Sound Business Journal. “We’re …

Newmark has arranged the $44.1 million sale of South Sound Center, a 384,153-square-foot, grocery-anchored retail center located at 711 SE Sleater Kinney Road in Lacey, Washington. Newmark Executive Managing Director Billy Sleeth represented the seller, Capital Development Company. The buyer was Tourmaline Capital. South Sound Center, a dominant retail hub serving the greater Lacey and …

BGO and Alliance Industrial Company acquired Northwest Commerce Park Building 2. The 266,152-square-foot Class-A industrial property is located at 2765 Highway 114 in Fort Worth, Texas, and was acquired through a joint venture between the two firms. Nutri-Bon Distribution was the seller. Stream Realty and Morgan Stanley teamed up to develop the building in 2020. For …

Metropolitan Development Company (MDC) started construction on The Ferguson, a mixed-use residential and retail community space in the rapidly expanding city of Taylor.  Located at 1300 W. Second St., The Ferguson is the first and only condominium project in town, anchoring the city’s historic downtown at the heart of one of Central Texas’s fastest-growing markets. The Ferguson …

Salem 3, a proposed energy and digital infrastructure project in Northeastern Pennsylvania, has continued to advance through the approvals process. The project cleared another hurdle with the Salem Township Planning Commission voting unanimously to recommend an expansion of the township’s existing data center overlay district. For over 200 landowners, the recommendation means they can continue …

Newmark has arranged the $26 million sale of 150 West Main Street, a 233,772-square-foot trophy office tower located in Norfolk, Virginia’s Waterside District. The buyer was Kawa Capital Management, and the property was sold by Gate Petroleum Company. Newark’s Mark Williford, Will Bradley and Evan Wells brokered the transaction. “Averaging 90% occupancy since its construction …