Oak Brook's Cullinan Properties names EVP of development and construction. July 17, 2026 Oak Brook, Illinois-based Cullinan Properties hired Dan Jutzi as Executive Vice President of Development and Construction. In his new role, Jutzi will provide strategic leadership for Cullinan Properties' Development and Construction Department, oversee third-party construction resources, and direct all construction activities across the company's existing portfolio as well as current and future development projects. Jutzi brings more than 20 years of experience leading large-scale retail development, redevelopment, and tenant construction projects throughout the Midwest. Most recently, he served as Senior Director of Construction Management at Transformco Properties, where he was responsible for all phases of construction and development projects, including design, budgeting, scheduling, execution, financial performance, forecasting, and change management. He also partnered closely with leasing and legal teams to support business development initiatives. Prior to Transformco, Jutzi spent 13 years with Brixmor Property Group, where he most recently served as Vice President of Construction. In that role, he directed development, redevelopment, and tenant construction activities across 85 retail shopping centers totaling approximately 16.7 million square feet throughout the Midwest. He led a team of 11 construction professionals and managed project budgets, schedules, quality standards, financial reporting, and corporate construction policies. In 2024 alone, he oversaw eight major projects in development with construction budgets exceeding $111 million as a part of a total portfolio construction budget valued at more than $220 million.

Brixmor pays $46.5Mln for College Station, Texas, shopping center. Brixmor Property Group has paid $46.5 million, or $301.77/sf, for the shopping center space at the Jones Crossing mixed-use complex in College Station, Texas. The New York REIT purchased the July 1, 2026 Triangle Business Journal Schmier & Feurring Properties has paid $2675 million, or $35667/sf, for a 75,000-square-foot office building in Raleigh, NC The Boca Raton, Fla, real estate company acquired the property from an affiliate of CGN Global... July 1, 2026 Charlotte Business Journal A venture of DLC Management Corp and DRA Advisors has paid $366 million, or $28804/sf, for Perimeter Woods, a 127,067-square-foot retail property in Charlotte, NC The New York-based venture purchased the property from an... July 1, 2026 Crain's Chicago Business Nuveen has paid $26 million, or $37067/sf, for the Shops of Uptown, a 70,144-square-foot shopping center in Park Ridge, Ill, about 15 miles north of Chicago The Chicago investment manager acquired the retail property... June 30, 2026 New York Business Journal Sioni Group has paid $31 million, or $44286/sf, for 38 West 21st St, a 70,000-square-foot office building in Manhattan The local developer bought the property from Jack Vogel Associates, which was represented in the deal by... June 30, 2026 Commercial Observer Stockbridge has paid $461 million, or $2,634/sf, for the nearly 17,500-square-foot retail building at 1511 Third Ave in Manhattan's Upper East Side The San Francisco investor acquired the property from a venture of Union... June 30, 2026 Multifamily construction activity is slowing in Orlando, Fla, as 1,215 new units came online in the first quarter, down sharply from the 2,988 units delivered in the fourth quarter of 2025 and the 2,276 units delivered in the first quarter of last... June 30, 2026 Digital Realty has agreed to pay $35 billion to increase its ownership stake in three data centers with 288 megawatts of power capacity that are being constructed in Northern Virginia The data-center REIT, which is developing the properties in a... June 30, 2026 ASG Equities has paid $3911 million, or $19767/sf, for the 197,860-square-foot office property at 7954-7974 UW Health Court in Middleton, Wis, a suburb of Madison, Wis The family office of the Gindi family acquired it, while executing a 1031... June 30, 2026 Multi-Housing News Goldman Sachs & Co has paid $814 million, or $315,503/unit, for Broadstone Seventh Street, a 258-unit apartment property in Phoenix The banking giant acquired the property in an all-cash deal from its developer, Alliance... Recent. July 1, 2026 * Transactions * CMBS * Exec Changes July 1, 2026

Md. Retail center sells for $55.5Mln. The 236,603-square-foot Frederick Shopping Center in Frederick, Md., roughly 50 miles from both Washington, D.C., and Baltimore, has been sold for $55.5 million, or nearly $235/sf. The property May 29, 2026 Slate Grocery REIT, which owns 115 retail properties, most of which are anchored by grocery stores, has formed a committee to evaluate strategic alternatives The Toronto REIT is affiliated with and managed by Slate Asset Management, a Toronto... May 29, 2026 Dallas Business Journal DFW Land Holdings has bought 8020 Park Lane, a 120,923-square-foot office building in Dallas The locally based company purchased the property from Northwood Investors LLC in a deal brokered by Newmark, which also arranged... May 29, 2026 Houston Business Journal Brixmor Property Group has acquired the 72,184-square-foot Vintage Marketplace shopping center in Houston Rocky Point Park Corp had owned the retail property at 10133 Louetta Road since 2017, according to Harris Central... May 29, 2026 David Brecher, chief executive of FM Home Loans, has paid $235 million, or $192,623/unit, for the 122-unit apartment building at 1000 Ocean Parkway in the Midwood area of Brooklyn, NY Brecher, who founded FM Home Loans in 1999, previously headed... May 29, 2026 The 122,167-square-foot Beacon retail property in the San Diego suburb of Carlsbad, Calif, has changed hands for $913 million, or $74734/sf Asana Partners of Charlotte, NC, sold the 44-year-old property to 11North Partners The New York investment... May 29, 2026 Commercial Real Estate Direct Staff Report A venture led by Sixth Street Partners has paid $176 million, or $911,017/room, for the 193-room Park Hyatt Beaver Creek Resort & Spa in Colorado's Beaver Creek Village The San Francisco... May 29, 2026 Atlanta Business Chronicle UAC Investments II LLC has paid $156 million, or $100,000/unit, for Avondale Reserve Apartment Homes, a 156-unit complex in Avondale Estates, Ga, about nine miles east of Atlanta The Charlotte, NC, company purchased the... May 29, 2026 Memphis Business Journal An affiliate of SpaceX has paid $185 million, or $23567/sf, for a 785,000-square-foot data center at 3231 Paul R Lowry Road in Memphis, Tenn Phoenix Investors of Milwaukee sold the property, which it purchased for $35... May 29, 2026 Washington Business Journal The Silverman Group has bought a 110,000-square-foot industrial property at 3300 Marlo Lane in Forestville, Md The Basking Ridge, NJ, company purchased the building from Oliver Street Capital of Boston in a deal... Recent. May 29, 2026 * Transactions * CMBS * Exec Changes May 29, 2026