News Brief

Brentwood’s GBT Realty raises $1.3 billion for retail development, shopping center acquisitions

Brentwood, Tennessee-based GBT Realty raised $1.3 billion earmarked for investment in built-to-suit retail development and shopping center acquisitions to be deployed over the next 18 months.…

PCCP, Hutensky Capital Partners acquires Streets of Woodfield shopping center in Schaumburg

A joint venture between PCCP and Hutensky Capital Partners acquired Streets of Woodfield, a 690,000-square-foot retail center at 601 N. Martingale Road in Schaumburg, Illinois.…

New luxury condominium development coming to downtown Traverse City

Brick & Corbett introduced The Ottaway Signature Residential Collection, a new luxury condominium development by J. Peterson Homes at 424 Front St. in downtown Traverse…

Essex Realty Group closes sale of 12-unit mixed-use property in Wauconda

Chicago-based multifamily brokerage firm Essex Realty Group, LLC closed the sale of 213 S. Main St., a 12-unit mixed-use property in downtown Wauconda, Illinois. The…

Kraus-Anderson/Zuri 3 to serve as construction manager for performing arts center operated by Port of Minneapolis

Two area construction firms have formed “Kraus Anderson/Zuri 3, A Joint Venture” to serve as the construction manager of the new Community Performing Arts Center…

Fein begins pre-leasing at 326-unit Echo Lake in Houston

Fein began pre-leasing at Echo Lake, its fourth multifamily community in north Houston’s City Place. The 326-unit, garden-style property is delivering its clubhouse and first residential buildings in mid-February,…

CRE veterans form Summit RE in Dallas, Orange County

At the close of 2025, Jason Vitorino, Adam Gottschalk, Hudson Lambert and Will Schubert—alongside David McNeil, Parker Tims and a team of seasoned commercial real…

Chicago’s Glenstar tackling $25 million redevelopment of 200 South Wacker office tower

Chicago-based Glenstar, together with a private investor, announced it has embarked on the $25 million transformative redevelopment of 200 South Wacker, a 40-story, Harry Weese-designed office…

Gerdom Realty and Investment brings pita restaurant to Lansing strip center

Michael Murphy of Gerdom Realty and Investment represented Pita Way in securing 1,400 square feet at The Marketplace at Delta Township retail center in Lansing,…

Berkadia negotiates sale of 168-unit multifamily community in Houston

Berkadia brokered the sale of Elm Creek, a 168-unit, garden-style multifamily community in the affluent Kingwood suburb of Houston, Texas. The sale marks the…

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