Commercial Real Estate News

Värde Partners has closed a $65.5 million floating-rate refinancing for Village at Sonoran Vista, a 240-unit build-to-rent community in north Phoenix developed by the Empire Group. WAY Capital arranged the loan, which supports lease-up of the newly completed property near Taiwan Semiconductor Manufacturing Co.'s Arizona campus.

Oct 4, 2026•Varde Partners

Development

Newlands Developments Secures £72 Million Forward Funding for 350,000-SF Orchard Park Industrial Scheme at Eurocentral

Newlands Developments and Tulchan Development have secured a £72 million pre-construction forward funding commitment for Orchard Park, a speculative 350,000-square-foot industrial and logistics development at Eurocentral in North Lanarkshire. CBRE brokered the deal with a US-based investor, marking what the parties describe as the largest speculative forward funding transaction for an industrial and logistics project in Scotland in 30 years.

Oct 5, 2026•IndustrialWarehouse & Distribution

The Cub Foods-anchored shopping center represents the grocery-focused Midwest retail assets acquired by First Washington Realty in its more than $65 million purchase of two properties.

Property TransactionsRetail

First Washington Realty Pays $65M+ for Two Grocery-Anchored Shopping Centers in Minnesota and Missouri

First Washington Realty has acquired two grocery-anchored shopping centers in Blaine, Minnesota, and Liberty, Missouri, for a combined price exceeding $65 million. The deals add 345,493 square feet to the Bethesda-based firm's national open-air retail portfolio.

Oct 5, 2026•First Washington Realty

An exterior view of Stirling Landing in Fort Lauderdale, the 210,000-square-foot business park acquired by BKM Capital Partners and Kayne Anderson Real Estate and being rebranded from Lakeview Center.

Property TransactionsIndustrial

BKM Capital Partners, Kayne Anderson Real Estate Acquire 210,000-SF Fort Lauderdale Business Park

BKM Capital Partners and Kayne Anderson Real Estate have acquired Lakeview Center, a 210,000-square-foot, 97%-occupied multi-tenant business park in Fort Lauderdale, and will rebrand it Stirling Landing. It is BKM's second Broward County purchase in two months.

Oct 5, 2026•BKM Capital Partners

Financing

Rhino Investments Group Secures $72.3M Financing for Randhurst Village Acquisition, with 3650 Capital and Aquarian Real Estate Partners

Rhino Investments Group has secured $72.3 million in acquisition financing for Randhurst Village, a 929,899-square-foot open-air power center in Mount Prospect, Illinois. The financing was structured by 3650 Capital and Aquarian Real Estate Partners and includes future funding to support a value-add business plan.

Oct 4, 2026•Aquarian Holdings

Financing

Newmark Arranges $85 Million Refinancing for InterVest Capital Partners at 300 Lafayette Street in SoHo

Newmark has arranged an $85 million refinancing of 300 Lafayette Street, a seven-story mixed-use property in Manhattan's SoHo neighborhood, on behalf of InterVest Capital Partners. Hudson Bay Capital provided the financing for the Microsoft-anchored building, which was designed by COOKFOX Architects and delivered in 2019.

Oct 4, 2026•Newmark

More News

Pacific Coast Corporate Park II in Fife, Washington, is the fully leased warehouse acquired by a Realty Income-affiliated partnership from Clarion Partners for approximately $108 million.

Property TransactionsWarehouse & Distribution

Realty Income Buys 501,250-SF Fife Warehouse From Clarion Partners for $108 Million

San Diego-based Realty Income Corp. has acquired the 501,250-square-foot Pacific Coast Corporate Park II warehouse in Fife, Washington, from an entity affiliated with Clarion Partners for approximately $108 million. The sale ranks as Pierce County's third-largest industrial transaction of 2026.

Oct 4, 2026•Kidder Mathews

Kate Kaminski, President of the Arizona Region at Howard Hughes Communities, leads the strategy, investment, development and operations of Teravalis in Buckeye, Arizona.

PeopleLandMixed Use

Howard Hughes Names Kate Kaminski President of Arizona Region to Lead Teravalis

Howard Hughes Communities has promoted Kate Kaminski to President of the Arizona Region, succeeding Charley Freericks in a planned transition. Kaminski will oversee Teravalis, the company's 37,000-acre master planned community in Buckeye, Arizona.

Oct 4, 2026•Howard Hughes

London’s commercial skyline illustrates the UK real estate market in which Delancey will deploy up to £400 million of additional pension-scheme capital.

Joint Ventures

Delancey Secures £400 Million Mandate Expansion From UK Pension Scheme, Bringing Total to Nearly £1 Billion

Real estate investment firm Delancey has expanded its mandate with one of the UK's largest corporate defined benefit pension schemes by up to £400 million, bringing the total commitment to just under £1 billion. The additional capital is available for immediate deployment into sector-agnostic, value-add UK real estate opportunities.

Oct 4, 2026•Delancey

The Gyngemose Park residential buildings in Søborg, Denmark, are the 168-apartment property acquired by Niam as the inaugural asset in its Bellavia Greater Copenhagen residential platform.

Property TransactionsMultifamily

Niam Acquires 168-Unit Gyngemose Park Residential Property in Søborg, Denmark, Launching Bellavia Platform

Niam has acquired a 168-unit residential property at Gyngemose Park in Søborg, Denmark, marking the first asset in the firm's newly launched Greater Copenhagen residential platform, Bellavia. The 2017-built property totals approximately 15,677 square meters and is located roughly 8.5 kilometers from central Copenhagen.

Oct 4, 2026•Niam Credit

A topping-out gathering at Arada London’s 100 Chalk Farm Road development in Camden marks construction reaching its planned maximum height, with the project set to deliver 30 social rent homes for Clarion Housing Group.

DevelopmentAffordable

Arada London and Clarion Housing Group Top Out 30 Social Rent Homes at 100 Chalk Farm Road in Camden

Arada London and Clarion Housing Group have reached the topping-out milestone at 100 Chalk Farm Road in Camden, marking a key construction benchmark for 30 new social rent homes. The development is one of three Camden sites where the two organisations have agreed a forward-purchase partnership to deliver a combined 136 social rent homes.

Oct 4, 2026•Arada London

Niek van Genugten, Fund Manager at Edmond de Rothschild REIM, leads the firm’s newly launched European value-add strategy focused on light-industrial and logistics real estate.

Corporate UpdatesIndustrialWarehouse & Distribution

Edmond de Rothschild REIM Launches European Value-Add Industrial Strategy, Names Niek van Genugten as Fund Manager

Edmond de Rothschild REIM has launched a value-add investment strategy targeting European light-industrial and logistics assets, appointing Niek van Genugten as fund manager. The new strategy builds on the firm's existing industrial platform and is designed to generate alpha through active asset management across established European markets.

Oct 4, 2026•Edmond de Rothschild

TARAF and Mubadala representatives sign the MoU to explore a 5.4 million-square-foot mixed-use waterfront development on Abu Dhabi’s Al Reem Island.

DevelopmentMixed UseMultifamily+1

TARAF and Mubadala Investment Company Sign MoU for 5.4M-Square-Foot Mixed-Use Development on Abu Dhabi's Al Reem Island

TARAF, the real estate division of Yas Holding, and Mubadala Investment Company have signed a Memorandum of Understanding to explore a large-scale mixed-use waterfront development on Al Reem Island in Abu Dhabi. The proposed masterplan spans 10 plots totaling approximately 655,000 square feet of land with a planned gross floor area of approximately 5.4 million square feet.

Oct 3, 2026•Mubadala Investment Company

The modern exterior of Worcester Distribution Center, the Class A industrial property acquired by JLL Income Property Trust for approximately $90 million near Boston.

Property TransactionsWarehouse & Distribution

JLL Income Property Trust Acquires $90 Million Class A Distribution Center Near Boston

JLL Income Property Trust has acquired Worcester Distribution Center, a fully leased Class A industrial building in Worcester, Massachusetts, for approximately $90 million. The 396,000-square-foot property, built in 2022, expands the non-traded REIT's industrial portfolio to $2.7 billion across 66 properties.

Oct 3, 2026•JLL Income Property Trust

An architectural rendering of Thameside West, Arada’s proposed Royal Docks regeneration project, showing residential towers set within extensive landscaped open space.

DevelopmentMultifamilyMixed Use+2

Arada Submits Planning Applications for AED 12 Billion Thameside West Development in London's Royal Docks

UAE-based developer Arada has submitted planning applications to Newham Council for the first phase of Thameside West, a Royal Docks regeneration project valued at AED 12 billion that would deliver approximately 1,500 homes across six buildings. The scheme, developed in partnership with the Greater London Authority, is part of a broader masterplan capable of delivering at least 5,000 homes on a more than 47-acre brownfield site in east London.

Oct 3, 2026•Arada