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Commercial Real Estate News
SRS Real Estate Partners Closes $11.7 Million Sale of Lumberjack Square in Bakersfield
Berkadia Arranges $118.6M Construction Loan for Gatsby Florida's The Palm in Palm Beach Gardens
Trademark and Harrison Street Form Joint Venture for 40-Acre Shivers Farm Mixed-Use Development in Southlake
Kansas City Chiefs and Hunt Midwest Form Two-Point Development JV for Mixed-Use Districts in Kansas City and Olathe
Trademark and Cohen & Steers Acquire Oak Hill Plaza in Southwest Austin
CenterSquare Investment Management Acquires The Hub at Bexley in Largest Retail Trade in Land O' Lakes History

NorthPoint Development Plans 4.7 Million-Square-Foot Airport South Industrial Park Near Sacramento Airport
NorthPoint Development has commenced design, engineering, and permitting for the Airport South Industrial Park, a 4.7-million-square-foot industrial campus in Sacramento's Natomas submarket. Colliers has been awarded the exclusive leasing assignment for four buildings totaling nearly 4 million square feet at the project.

Rockpoint Group and Holland Partner Group Form Joint Venture to Develop 311-Unit Multifamily Community in San Jose
Rockpoint Group and Holland Partner Group have entered into a joint venture to develop Stevens Creek, a 311-unit multifamily community at 3896 Stevens Creek Boulevard in west San Jose. The project, slated for completion in 2029, will include approximately 6,000 square feet of ground-floor retail and targets Silicon Valley's supply-constrained rental market.

Portman Holdings Opens 332-Unit Meadow Glen Village Multifamily Community in Fairburn, Georgia
Portman Holdings has opened Meadow Glen Village, a 332-unit mixed-use multifamily community located approximately 20 miles south of downtown Atlanta in Fairburn, Georgia. The village-inspired development spans nine residential buildings and 12,200 square feet of neighborhood-serving retail space, with leasing now underway.

Dunhill Partners Acquires 72,551-Square-Foot Granbury Lakeside Center in Texas
Dunhill Partners has acquired Granbury Lakeside Center, a 72,551-square-foot, fully occupied shopping center in Granbury, Texas. The property sits along U.S. Highway 377 approximately 36 miles from downtown Fort Worth and features a tenant roster that includes HomeGoods, Ulta Beauty, and Five Below.
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Big V Property Group Launches $2.5M Equity Offering for San Antonio's RIM Mixed-Use District
Big V Property Group has launched its first Big V Direct investor offering, a $2.5 million equity stake in The RIM, a 1.8 million-square-foot mixed-use district in San Antonio, Texas. The offering gives pre-qualified accredited investors direct access to a partial ownership position in one of the most-visited shopping centers in the United States.

NorthMarq Adds Matt Berry-Led Houston Retail Investment Sales Team With $9 Billion Track Record
NorthMarq has added a Houston-based retail investment sales team consisting of Matt Berry, Robbie Kilcrease, and Drew Reinking, formerly senior vice presidents at CBRE's Texas Retail Investment Sales group. The trio joins as managing directors within NorthMarq's National Shopping Center Group, collectively bringing more than 1,300 transactions and over $9 billion in volume to the platform.

Crescent Communities Plans 313-Unit NOVEL oneC1TY Multifamily Development in West Nashville
Crescent Communities has announced plans for NOVEL oneC1TY, a 313-unit residential community to be developed on the C1TYBLOX parcel within the oneC1TY mixed-use campus in West Nashville. The project, slated for completion in 2029, will include 5,000 square feet of ground-floor retail and a public plaza.

Montclif and FCP Acquire Hamilton Square in Downtown Washington, D.C. for $126 Million
Montclif and FCP have acquired Hamilton Square, a nine-story, 278,000-square-foot Class-A mixed-use office property in downtown Washington, D.C., for $126 million. The deal, financed with an $84.6 million loan from an affiliate of Apollo Global Management, marks Montclif's first joint venture since its April 2026 launch.

Arada and Syrian Sovereign Fund Form $7 Billion JV to Develop Mixed-Use Megaproject in New Damascus
UAE-based master developer Arada has entered Syria through a joint venture with the Syrian Sovereign Fund to develop a $7 billion mixed-use megaproject spanning four million square meters west of Damascus. The project, known as New Damascus, will deliver 11,000 homes alongside hospitality, healthcare, education, and commercial facilities.

The Michaels Organization, Kyuden Urban Development America Break Ground on $88 Million Mixed-Use Development in Downtown Davis
The Michaels Organization, Kyuden Urban Development America, and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development broke ground Sept. 1, 2026, on The Lumberyard, an $88 million, 239-unit mixed-use multifamily development in downtown Davis, California. The five-story mid-rise rises on the former Hibbert's Lumberyard & Hardware Store site at the corner of G Street and 5th Street.

SJC Ventures Sells Whole Foods-Anchored Doral Marketplace for $83 Million; Lincoln Property Company Advises Buyer
SJC Ventures has sold Doral Marketplace, a newly constructed, fully leased Whole Foods-anchored neighborhood shopping center in Doral, Florida, for $83 million. Cushman & Wakefield represented the seller, while Lincoln Property Company advised the high-net-worth family office buyer.

MCB Real Estate Secures $420 Million TIF Authorization to Launch $2.7 Billion VIVA White Oak Development in Silver Spring
Montgomery County Executive Marc Elrich signed legislation on August 28, 2026, authorizing up to $420 million in Tax Increment Financing bonds for MCB Real Estate's VIVA White Oak development in Silver Spring, Maryland. The 280-acre, $2.7 billion mixed-use project will span up to 12.1 million square feet and marks the county's first-ever TIF district.

Subtext Acquires Land for 520-Bed EVER Lexington Student Housing Project Near University of Kentucky
Subtext has acquired a five-parcel, 0.83-acre site at 565 S Limestone in Lexington, Ky., for $12.2 million to develop EVER Lexington, a 520-bed student housing community directly across from the University of Kentucky's main pedestrian corridors. The project, developed in partnership with FrontRange Capital and Larson Capital Management in a qualified opportunity zone, is slated to break ground in Fall 2026 and deliver in Summer 2028.