National News

Dakota closes on final two phases of Brady Square

Richmond, VA Dakota Partners has completed another critical milestone in the Brady Square project by completing the financing and approvals for the final two phases of the project. The new affordable housing community is situated on a 14.4-acre parcel at 2200 Brady St.

Cleeman Realty Group arranges the off-market sale of a net lease D&W Fresh Market grocery store in Kalamazoo, MI

Kalamazoo, MI Cleeman Realty Group brokered the off-market sale of a single tenant net lease D&W Fresh Market grocery store. The property is located on 2.3 acres and consists of 29,000 s/f. D&W Fresh Market is a subsidiary of SpartanNash and operates 11 stores in the Michigan

Slate Property Group’s affiliate, SCALE Lending, closes on $195 million loan for Namdar Towers in downtown Miami

Miami, FL Slate Property Group affiliate, SCALE Lending, closed on a $195 million loan for the acquisition and construction of Namdar Towers. The financing is SCALE Lending’s first deal in South Florida — one of the fastest-growing rental markets in the United States.

West Shore acquires fifth apartment community in Kentucky

Lexington, KY West Shore, a multifamily real estate investment firm, announces its acquisition of Bridle Creek Apartments, an upscale apartment community. This is West Shore’s fourth acquisition in Lexington and fifth in the state. The company’s other properties in the state include Enclave Hartland, Hamburg Farms, and 1809 at Winchester,

Phase Zero Design expands into North Carolina

Cary, NC Architecture and Interior Design firm, Phase Zero Design, has expadned with the addition of an office in Raleigh, NC. This third office location will officially be open for business as of September 6th, 2022.

Rosewood Realty delivers $24 million multifamily sale in Lexington, Kentucky

Lexington, KY Rosewood Realty Group negotiated the $24 million sale of a 181-unit 17-building multifamily apartment complex, Saddlebrook at Tates Creek.

Cleeman Realty Group brokers the $.213 million off-market sale of a net lease Dollar Tree store in Springfield, IL.

Springfield, IL Cleeman Realty Group negotiated the $1.213 million off-market sale of a net lease Dollar Tree store. The 11,000 s/f building is located at 2707 E. Sangamon Ave. on a 1.24 acre site adjacent to Ruler Foods.

Cleeman Realty Group arranges off-market sale of Marion Oaks, grocery anchored shopping center in Ocala, Fla.

Ocala, FL Cleeman Realty Group arranged the $4.575 million off-market sale of Marion Oaks, a grocery anchored retail center. The 56,877 s/f center is 83% occupied and anchored by a Winn Dixie supermarket. This is the first time that the property has sold since it was originally developed in 1992. Winn

NEI General Contracting opens a Houston area office

Missouri City, TX NEI General Contracting has opened a new office in the Houston area to support its Southwest operations. Led by project executive, Mike Myers, the new office is located at 13360 S. Gessner Rd. “As part of our continued growth, we are excited to open our new office in the Houston area,

Benchmark Senior Living expanding footprint to Greater Washington, D.C. area

Alexandria, VA Over the past 25 years, Benchmark Senior Living, the largest senior living provider in New England, has become an industry leader for independent living, assisted living and memory care. Now, the organization is bringing its award-winning senior care and experiences to Virginia and the greater Washington, D.C. area for the first time with