National

Investicore Holdings purchased a 14-building, 568,811-square-foot Charlotte complex for $64 million. Ares was the seller. The Charlotte Business Journal reports the 42-acre park, called ThExchange, is 60% occupied. One building is entirely vacant. Investicore plans to convert part of one of the buildings into a food-and-beverage area. John Vickers of KW Commercial brokered the acquisition …

PRP Real Assets acquired the newly built Hyundai-Mobis Class-A, Flagship Redistribution Center in Montgomery, AL for $66.5 million. The property is leased to Hyundai for 14 years and guaranteed by Hyundai-Mobis. PRP Real Assets has also agreed to provide an additional $30 million in funding to expand the facility’s footprint by over 240,000 square feet.   …

Realterm, an independent global investment manager focused on the transportation industry, has acquired a two-property, 10.25-acre industrial outdoor storage (IOS) portfolio located in Ayer and Devens, MA, within the Western I-495 submarket of Boston. Terms were not disclosed. The Ayer property at 15 Westford Rd. is a 3.5-acre site that includes an 8,200-square-foot maintenance facility …

Nuveen Green Capital has closed on $23.2 million in C-PACE financing for the ground-up development of The Brickyard in Lebanon, NH, reportedly the first C-PACE transaction ever completed in the state of New Hampshire. The financing, administered through the New Hampshire Business Finance Authority under the state’s newly launched C-PACER Program, closed alongside a $31.5-million senior …

Pacific Retail Capital Partners (PRCP) has formed a joint venture with Conversant Capital LLC to acquire Pacific View Mall in Ventura for an undisclosed sum. The JV combines PRCP’s retail operating and leasing expertise with Conversant’s flexible capital capabilities and deep experience investing across real estate asset classes to acquire the 884,000-square-foot property. PRCP will …

CBRE facilitated the $32-million sale of Commons at Valencia, a two-building Class A office campus totaling approximately 157,189 square feet, located at 25124 and 25152 Springfield Ct. in Valencia. Strauss Investments LLC acquired the property from Harbor Associates. The CBRE team of Mark Shaffer, Anthony DeLorenzo, Sean Sullivan and Gerard Poutier represented Harbor Associates. “Commons …

CBRE has signed three office leases across Minneapolis–St. Paul for its advisory local brokerage and business service organization businesses. CBRE signed a 15,586-square-foot lease at Arcadia, 5115 Arcadia Ave. in Edina, for its advisory employees. CBRE’s John Ferlita and John Lorence represented the company. Opus is currently constructing the 118,000-square-foot, six-story building and CBRE is …

Entre Commercial Realty announced the sale of a 142,370-square-foot industrial facility located at 24210 W 143rd Street in Plainfield, Illinois. Mike DeSerto, Cory Kay, and Elisabeth Lazzara of Entre Commercial Realty represented the buyer, while Colliers represented the seller in the transaction. Situated on approximately 20 acres, the freestanding industrial facility features 19 loading docks, …

Cushman & Wakefield has been selected by Mattamy Homes to market the multifamily development component in Downtown Newfield and the broader master-planned community’s Workplace District. It includes retail, flex and warehouse space, in Newfield, Mattamy’s master-planned community in Palm City, Florida. The marketing assignment is being led by Nikolaus Schroth and James McKinney of Cushman …

Adam America Real Estate and JW Capital Management announced the $180 million refinancing of Terrazul, a student housing community adjacent to Florida International University (FIU) at 700 SW 107th Ave. in Sweetwater, Florida. The loan, provided by Corebridge Institutional Investment, will be used to pay off the property’s existing construction loan and provide cash-out proceeds to …

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 …

Ares Management Corporation has reached the final close of Japan Logistics Development Partners V LP, the latest vintage in its Japan-focused logistics real estate development fund series. Raising ¥612 billion (approximately US$4 billion), including LP equity commitments and GP commitment, JDP V closed at its hard cap and is nearly 50% larger than its predecessor …

U.S. manufacturing job announcements and capital investment are rebounding sharply after months of plateauing earlier in 2026, Savills reported Tuesday. The firm’s latest Manufacturing Pulse cited 78,117 jobs and nearly $70 billion in capital investment announced over the trailing 12 months, for year-over-year increases of 46.6% and 108.3%, respectively. At the same time, the “stall …

Although the Federal Reserve’s quarter-point increase in the federal funds rate certainly made headlines last week, it was hardly unexpected. Moreover, Sam Chandan, founding director of the Chen Institute for Global Real Estate Finance at the NYU Stern School of Business, told Connect CRE co-founder and EVP Sarah Quinn, “the implications for real estate are less …

In its first acquisition, L&L Infinite, a venture launched earlier this year by industry veterans David Levinson and Marty Burger, has closed on 600 Third Ave., a 42-story office tower in Manhattan’s Grand Central district. The deal values the property at $245 million. L&L Infinite is joined in the new joint venture by affiliates of Mack …

Cushman & Wakefield arranged two full-floor office leases totaling 16,734 square feet at 61 W. 23rd St. in Manhattan’s Flatiron District, bringing the recently repositioned property to full occupancy. AI companies Normal Computing and Inspiren have each leased an entire floor at the building. Normal Computing’s space will become its new headquarters in New York …

Seefried Industrial Properties, in partnership with WDP Partners, has broken ground on a new Class A industrial project at 1703 S. Arizona Ave. (State Route 87) in Chandler. Situated on 16.7 acres just north of Germann Road, the two-building project will add 269,100 square feet of modern industrial space to the Chandler Airpark submarket, the …

Another Denver office tower is being auctioned off. The current ownership group bought the tower at 475 17th St. in 2015 for $26 million and hoped to convert the office floors to apartments. But that notion fizzled, and now the group, Civicap Partners and Revesco Properties, is selling to the highest bidder. Civicap invests in …

CREDA Washington State (formerly NAIOP) announced it will host the 2026 Night of the Stars awards in October. The organization is celebrating its 50th anniversary as a CREDA chapter, having been founded in 1976 as the Puget Sound Chapter of the National Association of Industrial Parks. CREDA will also induct industrial developer Bart Brynestad into …

Canadian developer Onni Group has secured $41.7 million in financing for Block V, a two-tower development in Seattle. The project is located at the site of former parking lots near Seattle’s South Lake Union neighborhood, reported the Puget Sound Business Journal. The $358 million development has been in the planning stages for years. The properties at 2301 …

Trademark Property Company and its partner, MetLife Investment Management, secured financing and will soon begin construction on Dunham Pointe, a 202,000 square foot retail and restaurant district in the Houston suburb of Cypress. Trademark will break ground on the 25-acre project on Oct. 1. Dunham Pointe will be anchored by Whole Foods Market, one of …

North River Partners, Crestline Investors, Mutual of Omaha and Millennium Bridge announced the closing of a $54.0 million ground-up construction loan to finance the development of Serenova at Dripping Springs, a 175-unit independent living community in Dripping Springs, Texas.  The project is being developed by Edison Equity Residential. Brownstone Group will serve as the general contractor.  Serenova at Dripping Springs …

MacKenzie Commercial Real Estate Services has brokered the $2.2 million sale of 1740 E. Joppa Road, a 16,875 square foot commercial office building situated in the Parkville section of Baltimore County, Maryland. Michael Ruocco, Senior Vice President and Principal of the full-service brokerage firm, represented the seller, 1740 E Joppa Rd LLC. HQ2 Office Suites …

Stream Realty Partners has facilitated the $25 million sale of 10904 Carolina Drive, a 102,500-square-foot industrial property in Manassas, Virginia. Stream’s Caulley Deringer, Executive Vice President Steve Cloud, and Vice President Andrew Hassett oversaw the sale. The firm will also manage leasing for the property on behalf of the new ownership. Located in the Interstate 66/Manassas …