National

BWE secured $42.5 million to refinance the Baggage Building, a Class A mixed-use office and retail property that has an iconic place in Nashville’s storied history. DZL was the sponsor. BWE’s Nick Harb arranged the financing. Sourced from a regional bank, the loan also features an interest-only payment period. The property, located at 111 10th Avenue South, …

Trammell Crow Company (TCC) has broken ground on Caldwell Commerce Center, a two-building, 233,335-square-foot speculative industrial development in Charlotte, North Carolina. Delivery is expected by July 2027. TCC’s joint venture partner in the development is a consortium of investors led by CBRE Japan and including Mitsubishi Logistics Corporation. Located on 24 acres at 6122 & 6125 …

Haynes, a Massachusetts- and Rhode Island-based construction management firm, is leading a multi-level renovation of Hotel 1620, a boutique waterfront hotel in historic Plymouth, MA operated by Linchris and included in its Independent Collection of Hotels. Slated to begin in early November, the renovation encompasses a new main lobby and reception area, along with an …

JLL Income Property Trust (JLL IPT) has acquired Worcester Distribution Center, a Class A industrial building in the Western Boston submarket, for a purchase price of approximately $90 million. The seller was not disclosed. Built in 2022, the property totals approximately 396,000 square feet and is 100% leased to a single tenant on a long-term …

The San Diego Metropolitan Transit System (MTS) and Affirmed Housing held the groundbreaking of Spring View, the latest transit-oriented affordable housing community to result from the organizations’ longstanding partnership. Located at the Spring Street Transit Center in La Mesa, the nearly $116-million development will provide 145 affordable homes and two manager units with convenient access …

Berkadia has completed the $78-million sale of Bridges at San Ramon, a 200-unit multifamily community located in San Ramon. The transaction equated to $390,000 per unit. Senior managing director Jason Parr, managing director Scott MacDonald, associate Sydney Ladrech and director John Hansen of Berkadia San Francisco arranged the sale on behalf of the seller. “Bridges …

Carlson Partners announced that its advisors, Tim Olsen, SIOR, partner, and Sami Cowger, SIOR, executive director, represented Boyum Barenscheer, a Twin Cities accounting and advisory firm, in consolidating its two Minnesota offices into a new headquarters at Midway Innovation Center II, 2344 Energy Park Drive in St. Paul. Boyum Barenscheer previously operated from an office …

Quantum Real Estate Advisors, Inc. has brokered the sale of a roughly 6,375-square-foot new construction strip center for $2.8 million. The property is located at 12860 IL-47 in Huntley, Illinois, and consists of three suites, with a diverse tenant lineup featuring local and national tenants, including Jimmy John’s and JC Licht. The purchaser is an …

Moishe Mana, Founder and Chairman of Mana Common, closed the sale of approximately 30 acres of his Wynwood assemblage to Citadel Founder and CEO Ken Griffin for approximately $1.1 billion. Mana says this is the most expensive land assemblage sale ever in South Florida and it culminates 16 years of purchasing property in Wynwood for Mana. …

Related Urban Development Group (RUDG), part of The Related Group, inked a $167 million financing package for the Gallery at Lummus Parc. Greystone provided the financing. The Greystone team included Greg Voyentzie and Jay Reed of Greystone Real Estate Capital (GREC), Jason Kaye of Greystone Housing Impact Investors LP (GHI), and Jeff Englund and Pharrah …

KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have acquired a 2.7-million-square-foot portfolio of eight UK logistics assets from Ares Real Estate funds. According to published reports, the portfolio is valued at approximately £400 million (US$529 million). The fully occupied portfolio comprises modern, high-quality assets across established distribution markets in the …

Realty Income Corporation and KKR have formed a euro-denominated joint venture that is expected to own a diversified portfolio of existing European net lease real estate assets contributed by Realty Income, spanning four markets and a broad mix of industries and tenants. Capital accounts advised by KKR intend to make an initial investment of €528 …

When Chris Lee appeared on the Walker Webcast in February 2023, KKR Real Estate’s Partner and President said the firm was becoming more constructive about putting capital to work. Higher yields, improving capital flows, and increasingly attractive asset pricing were creating what Lee called a favorable risk-reward environment. Three and a half years later, Lee …

Helix Digital Infrastructure and KKR announced that Samsung has committed $1 billion to Helix, an AI infrastructure company formed by KKR this past June to help meet the growing infrastructure needs of hyperscalers, through its long-duration capital fund. Samsung’s investment builds on the more than $10 billion of capital committed to the Helix strategy at …

The New York City Economic Development Corporation (NYCEDC) and the New York City Department of Parks and Recreation on Wednesday released a Request for Qualifications seeking a design-build team to lead the full reconstruction of the historic Riegelmann Boardwalk in Coney Island. The RFQ is the first formal step in delivering the more than $1 …

SL Green Realty Corp. announced that private equity firm Sentinel Capital Partners has signed a lease expansion covering 7,134 square feet on a portion of the 54th floor at One Vanderbilt Ave. The expansion increases the tenant’s total commitment within the building to 34,737 square feet. “We’re proud to expand our valued relationship with Sentinel …

Goldman Sachs Asset Management has offloaded Grand Canyon Crossing, a 303,000 square foot Phoenix shopping center. Cohen & Steers Income Opportunities REIT Inc, along with the Sterling Organization, was the buyer. Commercial Search reports that the project was completed in 2005. The center is 99 percent occupied and anchored by a 207,000-square-foot Walmart Supercenter. Grand …

Värde Partners closed on a $65.5 million loan to refinance Village at Sonoran Vista, a newly delivered build-to-rent community in Phoenix, Arizona. The financing was provided to the Empire Group to support the lease-up of the 240-unit community of single-family rental homes, which was completed in January 2026. The floating-rate loan, has a three-year initial term …

Pierce County Human Services is investing $11.4 million to fund five affordable housing projects across the region, adding and preserving 220 affordable homes. The new funding pushes the total supported by the Maureen Howard Affordable Housing Act to 1,545 affordable homes built or preserved since the County began collecting the one-tenth of 1% local sales …

National coworking space operator Industrious has leased a floor at Skanska’s 25-story office building, The Eight. The company will occupy 22,000 square feet, taking up the entire third floor of the tower, with plans to open the new coworking space in June 2027, reported the Puget Sound Business Journal. The move marks the company’s sixth …

Colovore filed for a permit to build a data center in the Denton County portion of Fort Worth, a day after Governor Greg Abbott ordered a pause on issuing data center permits. Community Impact reports that the filing comes more than a month after the Fort Worth City Council began the process of implementing a …

Oldham Goodwin is getting close to opening a new SpringHill Suites by Marriott in New Braunfels River Village. The 8-story, 150-key hotel, located along the Guadalupe River at 738 I-35 N. frontage road, will open in January 2027. SpringHill Suites by Marriott New Braunfels River Village will feature Fort Worth-based Tex-Mex restaurant Paloma Suerte, a two-tier pool with …

PXV Multifamily, in joint venture with funds managed by Intercontinental Real Estate Corporation, has acquired Indigo 19, a 196-unit apartment community in Virginia Beach, Virginia, marking its second investment in the past 60 days.    Located at 1940 Pavilion Drive, Indigo 19 is a mid-rise apartment community in Virginia Beach’s Oceanfront submarket. Built in 2013, …

Cushman & Wakefield arranged the $56.6 million sale of 8511 Pepco Place, a 202,976-square-foot industrial facility in Upper Marlboro, Maryland. Stockbridge acquired the property from TA Realty. Cushman & Wakefield’s Mid-Atlantic Industrial Advisory Group team of Jonathan Carpenter, Graham Savage, Dawes Milchling and James Check represented TA Realty in the transaction. The building is fully …