National

Publix will anchor the 82-acre Cadia Matthews mixed-use development at Stallings and Idlewild roads. Pappas Properties has begun work on the retail phase of its master-planned development in Matthews, which will be anchored by the well-known grocery chain. The Charlotte Business Journal reports sitework is nearly complete, and construction is expected to begin later this …

INDUS Realty Trust has received $36.1 million in construction financing for the first phase of INDUS Commerce Center @ 840, a 507,000-square-foot speculative logistics facility in Lebanon, Tenn., near Nashville. Construction will be begin immediately. JLL Capital Markets arranged the five-year, floating-rate loan from Principal. The JLL Capital Markets team that arranged the financing was …

Erland Construction has partnered with long-time client Nordblom Company on a new multifamily residential community, Vantage, in Dedham, MA. Working in collaboration with Stantec, Erland will construct a 218,000-square-foot, four-story wood- and steel-frame building with 155 apartment units. Built to align with Dedham’s stringent energy code standards, Vantage will include a fitness center, resident lounge, …

AstraZeneca plans to spend $1 billion to grow its workforce in Massachusetts by 50% over the coming years. The UK-based biopharmaceutical company has just opened a 570,000-square-foot R&D center in Cambridge’s Kendall Square, building on its oexisting presence in Cambridge and Boston. Together with its site for genomic medicine at 100 Binney St., the new …

Culver City’s City Council and Public Finance Authority unanimously approved a $103-million exclusive purchase option agreement with an entity tied to Fortress Investment Group for the former Sony Pictures Animation Campus at 9050 Washington Blvd. Fortress foreclosed on the property’s defaulted mortgage and took possession of the 198,000-square-foot complex for $71 million last month. The …

Byline Bank’s Commercial Real Estate Group (BCREG) closed on a $20.25-million term loan with Stockbridge Capital Group to refinance a two-property industrial outdoor storage (IOS) portfolio in Wilmington. The 13-acre portfolio is 100% leased and includes properties at 501 Quay Ave. and 1540-1550 Eubank Ave. Located near the Ports of Los Angeles and Long Beach …

The RIVVY, a Tribute Portfolio Hotel by Marriott, debuted today at the site of the former Hotel 55, bringing a new boutique hospitality experience to Chicago’s River North neighborhood. The RIVVY, a Tribute Portfolio Hotel by Marriott, is a 297-room boutique hotel managed by Coury Hospitality. Located at 55 E. Ontario St., steps from Michigan …

JLL arranged the $195 million sale of 1237 W. Division St., a 571,423-square-foot multi-story logistics facility in Chicago. The property, the first multi-story logistics facility developed in the Midwest, occupies a premier infill location with direct access to Interstate 90/94 and serves one of the nation’s largest consumer and labor populations. JLL represented the seller, …

Avison Young and Fisher Auction completed the sale of all of the units and the .32-acre clubhouse/pool parcel of the 84-unit, 13-building condominium community located at 2800 Georgia Avenue in West Palm Beach, Florida. Woodfield Development was the top bidder at $13.5 million. The development was over $1.5 million behind in paying its water bills. …

BKM Capital Partners (“BKM”) and Kayne Anderson Real Estate have acquired a four-property, 543,000-square-foot light industrial portfolio in Central Orlando for $103 million. The assets sit in the 33rd Street/McLeod and Silver Star corridors and bring BKM’s Central Florida holdings to 13 properties totaling more than one million square feet. The portfolio comprises seven buildings …

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 …

The playbook for neighborhood and lifestyle centers five years ago has been superseded, Placer.ai says in a new white paper. Apparel anchors and department stores have given way to a service-first tenant mix. In The New Tenant Mix Playbook, Placer.ai discusses which tenant classes have experienced traffic declines in recent years and which have gained …

The CRE Finance Council (CREFC) said its Third-Quarter 2026 Board of Governors Sentiment Index fell 17.5% to 83.3 from 101.0 in Q2, its lowest reading since Q3 2023’s 82.7. The decline was broad-based: all nine core questions weakened quarter-over-quarter. The interest rate and economic outlook questions posted the largest declines. Ninety-two percent of survey respondents …

A joint venture of Saber-Hightower, Rafferty Real Estate and Eagle Realty Group has begun construction on The Ibex at Ridge Hill, a 17-story, 282-unit rental building at Ridge Hill, the open-air lifestyle center in Yonkers. Bank OZK is providing construction financing for the $140-million project. The building will include 28 affordable units. First units are …

The securities industry, among the most essential to New York City’s economy, came on strong in the first half of 2026, New York State Comptroller Thomas DiNapoli reported Tuesday. With Wall Street profits up 51.3% year-over-year to $45.9 billion through June 30, exceeding the city’s full-year projection of $45.3 billion, profits could exceed a record …

AXS Opportunity Fund acquired One North Central, a 429,120-square-foot, 20-story Class A office tower located at 1 North Central Avenue in the heart of Downtown Phoenix. Newmark’s Chris Marchildon, Barry Gabel and CJ Osbrink represented the seller, Parallel Capital Partners, who bought the building for $93 million in 2015. Constructed in 2001, the tower has …

Logistics Property Company (LogiPropCo) closed on a 76-acre site at the intersection of Interstate 10 and Perryville Road in Buckeye, Arizona. Sonoran Logistics Park will be LogiPropco’s third development in the Phoenix area. Construction is expected to commence in the fourth quarter of 2026. When complete, Sonoran Logistics Park will total 1,226,832 square feet across …

Superhuman, the AI productivity company rebranded from Grammarly, officially opened its new Seattle hub at 1000 Dexter Avenue N. in South Lake Union. Headquartered in San Francisco, Superhuman is expanding its physical footprint in a long-term bet on hybrid collaboration and the region’s deep-tech talent. Grammarly acquired the Superhuman email app in 2025 and renamed …

Newmark has arranged the full lease-up of Des Moines Creek Business Park West, a newly developed 405,680-square-foot industrial facility at 1800 S. 216th Street in Des Moines, Washington. The property was developed by Panattoni Development Co. and built on a ground lease from the Port of Seattle. Newmark Executive Vice Chairman Thad Mallory and Vice …

The city of Celina’s economic development office (CEDC) is moving forward with plans to build a hospitality campus intermingled with a handful of vintage grain silos. The agency owns the land housing the silos and has recently presented a plan that includes a brewery, food halls, shopping, event space and a hotel, all located along …

Cooley Capital says it will open its doors to The Junction in November. The 60,000-square-foot facility will offer event, entertainment and dining space, including three pickleball courts, private cabanas, multiple full-service bars, a live music stage, a grand dining hall with individual food vendors and covered decks and patios.  Community Impact reports Georgetown-based Sweet Lemon Kitchen and Dough-Go …

The Greater Baltimore Committee (GCB) plans to launch a new Funders’ Consortium in November as part of its work with Enterprise Community Partners to develop a strategic investment framework. The initiative aims to align capital with a pipeline of projects and ultimately create a $100 million private fund to drive large-scale investment in Baltimore’s most …

Trinity Capital Advisors, in a joint venture with Mortenson Properties, Inc., has acquired a 15-acre industrial development site in Northlake Business Park in Hanover County, marking their entry into the Richmond market. The planned development will feature two rear-load industrial buildings totaling 231,120 square feet. Designed to accommodate a broad range of prospective users, the …