National

Brook Farm Group and Manor Park Ventures are co-developing 675 Morgan, a 336-unit, Class A multifamily community in Savannah, GA. The property is located at 699 Highlands Boulevard within the Savannah Highlands — a master-planned community approximately 15 miles northwest of historic Downtown Savannah.  When completed, the development will include 11 three-story buildings with one, …

Pinnacle Financial Partners will establish its corporate headquarters at Ten Twenty Spring, the 525,000-square-foot, Class-A office tower within the Spring Quarter mixed-use district in Midtown Atlanta. Pinnacle will occupy 165,000 square feet of office space at Ten Twenty Spring and bring an estimated 400 team members to the building. Pinnacle’s bank headquarters remain in downtown …

Atlantic Capital Partners closed the $7.3-million sale of North Reading Landing, a prime redevelopment site located in North Reading, MA. Located 15 miles north of Downtown Boston, the asset represents an opportunity to reimagine a significant parcel along a major commercial corridor. The transaction was led by Justin Smith, head of Capital Markets; Sam Koonce, …

A $40-million project to redevelop downtown Lowell, MA cleared a major hurdle when the Lowell Historic Board approved the plan. New North Canal LLC and the Coalition for a Better Acre received approval to redevelop a slate of buildings at 463 and 281 Moody St. New North Canal LLC, in partnership with the CBA, plans …

Kidder Mathews arranged the $7.6-million sale of The Carlton Apartments, a 36-unit property located at 5535 Carlton Way in Hollywood. EVP Darin Beebower and associate Dakoda Iversen represented Los Angeles-based James Investment Partners in the sale to a local real estate investor. The property generated more than 25 offers from prospective buyers despite softening rental trends …

Colliers finalized the $40.5-million sale of Gateway at Menifee, a 229,934-square-foot industrial facility located at 33520 Zeiders Rd. in Menifee. The property is Building 3 within the five-building industrial complex, formerly known as Scott Road Commerce Center. EVP Rick Nunez, SIOR, associate Mateo Mobilia and senior client services specialist Michael Romero represented the buyer, Temecula-based …

The recently held Connect Midwest Multifamily Trends 2026 event brought together developers, investors, lenders and industry leaders to discuss the forces shaping today’s market. Expert panelists explored capital markets, development trends, investor sentiment, technology adoption and evolving renter preferences, offering a candid look at both the challenges and opportunities facing multifamily across Chicago and the …

Marcus & Millichap brokered the sale of 935-937 W. Armitage Ave., a mixed-use multifamily and retail property in Chicago’s Lincoln Park neighborhood. The property sold for $6.6 million. “This offering attracted significant interest due to its A+ Lincoln Park location, upside in the multifamily rents, newly signed lease with Wintrust Bank and prominent corner presence,” said Kyle Stengle, senior managing director of investments. …

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 …

Terreno Realty Corp. acquired a warehouse in Hialeah Gardens for $56.3 million. The S. Florida Business Journal reports that the 98,000-square-foot warehouse was leased to Amazon for one of its fulfillment centers. Clarion Partners and Cadence Development was the seller of the property at 10910 N. W. 144th. The team delivered the build-to-suit project in …

Related Urban and Miami-Dade County broke ground on Gallery at SoMi Parc, a $167 million affordable housing development in South Miami. The project site was made available through a 99-year ground lease with Miami-Dade County. The 15-story project will deliver 350 affordable apartments serving residents earning between 20% and 80% of Area Median Income. In …

Global data center demand from artificial intelligence (AI) uses is outpacing available space capacity, pushing vacancy rates toward historic lows despite a wave of new supply, according to CBRE’s latest Global Data Center Trends report. Global supply reached 16 gigawatts (GW) in Q1 2026 across the 16 largest data center markets, up 25% year-over-year. However, even with supply growth in …

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 …

Midway through the year, U.S. multifamily is muddling along, a condition that’s likely to persist through the rest of 2026, Yardi Matrix said in its Summer 2026 Market Analysis. The report noted that uncertainty in the economy, the war in Iran, weak consumer sentiment, slow population growth and a large overhang of excess supply in …

Brownfield sites are defined as underused or abandoned land affected by environmental issues. This, in turn, limits the potential for redevelopment or expansion due to “real or perceived environmental contamination.” However, these abandoned, environmentally questionable sites could also have a future use for data centers. An article in NAIOP’s Development magazine indicated that such sites …

Simone Development Companies announced that the New York City School Construction Authority has signed a long-term lease to establish the new Bronx STEAM Center in 54,245 square feet across two floors at the Hutchinson Metro Center Atrium, a three-story, 361,857 square-foot mixed-use property located at 1776 Eastchester Rd. in the Bronx.  The new lease marks a major public-private …

Construction is proceeding on the $121-million Harper Street DOT administration building and yard redevelopment project at 32-11 Harper St. in the Willets Point section of Queens. The project team includes the New York City Department of Design and Construction, New York City Department of Transportation (DOT) and the design-build team of lead architect Urbahn Architects, …

RX Health & Science Trust and Transwestern sold Copper Point, a 92,109-square-foot, fully leased medical office building located at 3530 S. Val Vista Drive in Gilbert, Arizona. Travis Ives, Gino Lollio, and Tyler Morss of Cushman & Wakefield’s Healthcare Capital Markets Team represented the sellers. The asset was acquired by Fidelity Investments. Copper Point is …

Cushman & Wakefield arranged the $37.1 million sale of Shops at Highland Walk, a 94,795-square-foot King Soopers-anchored shopping center in Highlands Ranch, a suburb south of Denver. Jon Hendrickson and Aaron Johnson of Cushman & Wakefield represented the seller, Shea Properties, in the transaction. The property was acquired by Regency Centers. “Shops at Highland Walk …

Databricks, a San Francisco-headquartered data company, has signed a 160,000-square-foot lease in a new downtown Bellevue skyscraper, reported the Puget Sound Business Journal, citing sources familiar with the deal. The company signed the new lease at the Four106 building at 380 106th Ave. NE. Four106 is centrally located in Bellevue’s Central Business District and offers convenient …

Elara at The Market, a 150-unit apartment community in downtown Seattle, has sold for $60.9 million. The buyer is Seattle Social Housing Developer, the public development authority created through the city’s voter-approved Initiative 135. The purchase marks the organization’s first-ever property acquisition. Dylan Simon, Jerrid Anderson, and JD Fuller of Kidder Mathews’ Simon | Anderson …

The City of San Antonio may spend as much as $100 million to purchase property owned by the University of Texas San Antonio and the federal government so it can get moving on the Spurs’ new arena and adjacent entertainment and sports district. The San Antonio Business Journal reports the cost to purchase the UTSA …

A student housing development, along with a generous amount of retail options, is in the works off the campus of the University of Texas at San Antonio. The San Antonio Business Journal reports Barshop & Oles Co. and Phoenix Property Co. have started construction on La Cantera Crossing, a 182-unit mixed-use development. The project is across the …

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 …

KLNB has secured a series of retail lease signings at the Market at Austin Ridge, located at 962 Courthouse Road in Stafford, Virginia. KLNB Principal Dimitri Georgelakos and Veronica Kamara represented the landlord in negotiating long-term leases with Aldi, Texas Roadhouse, Sheetz, and Flagship Carwash. The Market at Austin Ridge occupies a strategic location at the intersection of Courthouse …

Bonaventure announced the groundbreaking of Attain at Greenbrier, a 268-unit multifamily community at 1553 River Birch Run in Chesapeake’s Greenbrier submarket. The $74.5 million project is expected to be completed in late 2027. The site, previously home to a commercial call center, was acquired and rezoned by Bonaventure in 2022 to enable residential density — …