National

The Related Group has obtained $176.5 million in financing for an apartment project at the ODP Headquarters site in Boca Raton. It covers the 9.9-acre site at 6600 North Military Trail. Balfour Beatty Construction is the general contractor. The South Florida Business Journal reports that the Broken Sound Residences will be divided into three types …

TDK Cos. and Imagine1 Co. plan to build 280 apartment units and some retail space on a 6-acre property near Geodis Park. The company paid $14.9 million for the site, which has a large warehouse that must be razed before development can begin. MSA Investors was the seller. The Nashville Business Journal reports the firms …

Marcus & Millichap has closed the sale of a five-property dental office portfolio consisting of dental condominiums and a freestanding dental office building located throughout the Pioneer Valley region of Western Massachusetts. The portfolio sold for $5.95 million. “The mix of dental condominiums and freestanding buildings made this a unique transaction, as some investors can …

JLL Capital Markets arranged the $36-million sale of a 54,504-square-foot industrial service facility occupied by FedEx Freight and located at 300 Bartlett St. in Northborough, MA. Senior managing director Michael Restivo and senior director David Coffman, along with director Tommy Hovey, represented seller NorthBridge Partners in the off-market transaction. LaSalle Investment Management acquired the asset. …

CBRE arranged the $26.5-million sale of 5&52 Business Park, a 71,597-square-foot industrial property located at 5965 and 5975 Santa Fe St.in San Diego. San Diego-based Parallel Capital Partners and Boston-based Long Wharf Capital sold the property to Sukut Real Properties. CBRE’s Hunter Rowe, Matt Carlson, Mike Longo and Matt Pourcho represented the sellers. “5&52 Business …

Metro Services Group, a national provider of janitorial and engineering services with a concentrated presence in California and the Pacific Northwest, announced that Jacqueline Korajkic will become CEO effective Jan. 1, 2027. She succeeds founder and CEO Michael Oddo, who will remain chairman of the board of the company he founded over 30 years ago. …

Jonathan Rose Companies and Community Opportunity Fund, a nonprofit focused on expanding affordable housing and connecting residents to opportunity, announced plans for a comprehensive $32.8 million rehabilitation of Ashtabula Towers, a 202-unit affordable senior housing community in Ashtabula, Ohio. The project represents a significant reinvestment in a longstanding community asset, with updates designed to enhance …

Kimco Realty acquired Paddock Shops and Shelbyville Road Plaza, two grocery-anchored shopping centers in Louisville, for $295 million. The properties total over 741,000 square feet and are anchored by Trader Joe’s and The Fresh Market. Paddock Shops is 94% leased; Shelbyville Road Plaza is 92% leased. “Paddock Shops and Shelbyville Road Plaza are exactly the …

The Related Group has obtained $176.5 million in financing for an apartment project at the ODP Headquarters site in Boca Raton. It covers the 9.9-acre site at 6600 North Military Trail. Balfour Beatty Construction is the general contractor. The South Florida Business Journal reports that the Broken Sound Residences will be divided into three types …

CP Group, The Georgetown Company and fund manager ACRE, together with investment partner StepStone, acquired Mizner Park in downtown Boca Raton. Brookfield Asset Management was the seller. The acquisition of the 838,840-square-foot office, retail, and residential property represents a full-circle moment for CP Group, which originally developed Mizner Park between 1991 and 1999. Mizner Park …

Brookfield has opened a Doha office, anchored by its global credit platform including the recently acquired Oaktree. The Qatar News Agency reported that the move builds on Brookfield’s existing investments and partnerships in Qatar, notably its planned $20-billion joint venture with Qai, the artificial intelligence subsidiary of the Qatar Investment Authority, to develop AI infrastructure …

Northmarq’s Pacific Northwest Investment Sales team, led by Sean Tufts, Kevin Adatto, Joe Dugoni, and Jack Hallberg, completed the $19 million sale of Canyon Ridge Plaza, an 86,909-square-foot multi-tenant retail community center located at 26015 104th Ave. SE in Kent, Washington. The property was acquired by Kimco Realty. “Shopping centers continue to be one of …

Prime Finance, a San Francisco-based commercial real estate credit platform, has acquired a portfolio of eight performing commercial real estate loans with an unpaid principal balance of approximately $760 million from Blackstone Real Estate Debt Strategies (BREDS). Acquisition terms were not disclosed. The portfolio is backed by a diversified mix of office and multifamily properties …

U.S. employers added 165,000 jobs in October, well above the average monthly gain of 48,000 over the past year, the Bureau of Labor Statistics reported Friday. The unemployment ticked down to 4.1% from 4.2% in September. August and September payrolls were revised up by a combined 84,000, with September now showing a 60,000 gain instead …

Silverstein Properties has secured a new office lease with Heisman, keeper of the Heisman Trrophy. The charitable organization will relocate its headquarters to 5,000 square feet on the 13th floor of 120 Broadway in 2027. As part of a 10-year agreement, Heisman will display two of the famed Heisman Memorial Trophies, awarded annually since 1935 …

Atlas Capital Group has acquired 360 W. 43rd St., a 256-unit multifamily property located in Midtown Manhattan’s Hell’s Kitchen neighborhood. Although Atlas Capital did not disclose the acquisition price, Crain’s New York Business reported it as approximately $150 million, or about $586,000 per unit. The 23-story, approximately 250,000-square-foot property comprises 256 rental apartments, 13,000 square feet …

A&C Properties offloaded a seven-property, grocery-anchored for $108.7 million. The properties, making up 422,000 square feet of space were in Phoenix and Tucson. JLL represented A&C Properties Inc., in the transaction. 11North Partners acquired the asset. Working on behalf of the new owner, JLL also arranged $66.36 million in acquisition financing through a leading insurance …

Vestar acquired a 20-acre parcel of land from the Arizona State Land Department at the intersection of Black Mountain Parkway and Deer Valley Road in North Phoenix, with plans to build a shopping center. The new grocery-anchored retail destination, to be called Black Mountain Village, represents an investment of more than $50 million. The company …

Timberlane Partners purchased Canopy Apartments, a 336-unit garden-style apartment community located at 923 112th St. SW in Everett, WA, for $82.75M, or $246,279 per unit. The acquisition was made in partnership with NY-based EOS Residential Investors. Canopy is the sixth acquisition through Timberlane Acquisition Fund II (TAF II) and follows the firm’s $37M acquisition of …

Puget Sound’s office and industrial markets are showing encouraging numbers, according to third quarter 2026 reports from CBRE. The office market posted its strongest occupancy gains in years, while the industrial sector is stabilizing after a development boom that brought considerable new space to the market. Office occupancy growth in Seattle outpaced space givebacks for …

The Georgetown City Council has given tentative approval to Serenity Ranch, a master-planned community one mile east of I-35 and bordered by the Dry Berry Creek. In addition to 300 multifamily units and 30,000 square feet of commercial space, Serenity Ranch will offer approximately 40 acres of open space and ponds, a 2.9-acre amenity center …

IKEA reported in a public filing that it plans to spend $18 million on a 150,000-square-foot warehouse it owns in The Woodlands. The Houston Business Journal reports the proposed project includes demolition work, new partitions, new plumbing fixtures, new showroom and a new kitchen with serving and seating. The work is estimated to begin on …

EYA LLC, a D.C.-based urban infill residential developer, is advancing two major residential projects in Northern Virginia. The firm’s Prosperity Park project received approval from the Fairfax County Board of Supervisors, and the Idylwood Hill development reached a key milestone with the closing of its 6.97-acre site in Falls Church. The two projects will bring …

Trammell Crow Company (TCC) and joint venture partner, Clarion Partners, have begun vertical construction on Lehigh Valley Exchange, an 866,350-square-foot speculative industrial facility in Bethlehem, Pennsylvania. The project is expected to deliver in July 2027. Located at 1600 Freemansburg Ave. and situated on approximately 115.8 acres in the heart of Pennsylvania’s Lehigh Valley industrial market, …