TAMPA, FLA. — Multifamily developer ZOM Living has sold Azola South Tampa, a community located at 7701 Interbay Blvd. in Tampa. Miami-based multifamily investment firm Momentum Real Estate Partners acquired the property for $64.3 million. Situated on nine acres, the community comprises 214 apartments and townhomes. Amenities at the property include a 6,000-square-foot clubhouse with a lounge, coworking areas, kitchenette, game room and fitness center, as well as a swimming pool and a pavilion with seating and a summer kitchen and grilling area. The post ZOM Living Sells Azola South Tampa Multi ..read more

MIDWAY, GA. — JLL has negotiated the sale of Building D at Tradeport East, a 647,496-square-foot industrial facility in Midway, roughly 35 miles outside Savannah. Home textiles producer Town & Country Living fully occupies the facility, which was built in 2022. BlueScope Properties Group sold the building to SkyREM for an undisclosed price. Britton Burdette, Dennis Mitchell, Sean Devaney and Jim Freeman of JLL represented the seller in the transaction. Located at 313 Tradeport East Blvd., the property features a cross-dock configuration with 190-foot truck courts, 36-foot clear heights, 60 ..read more

CORDOVA, TENN. — The Shopping Center Group (TSCG) has brokered the sale of Market at Cordova Shopping Center, a 98,466-square-foot retail center located at 1800 N. Germantown Parkway in Cordova, roughly 20 miles east of Memphis. N&L Holdings acquired the property for an undisclosed price. John Reed and Hurston Reed of TSCG represented the undisclosed sellers in the transaction, and Jon Isbell of TSCG represented N&L Holdings. Anchor tenant The Life Church will vacate the center, opening up space that the new owner plans to populate with an Asian supermarket, food hall and a community g ..read more

WINSTON-SALEM, N.C. — Goodegg Investments has acquired Crowne Club Apartments, a 250-unit multifamily community located in Winston-Salem. Built in 1995, the property is situated near the Atrium Health Wake Forest Baptist Medical Center. The buyer purchased the property through its Goodegg Wealth Fund II and Goodegg Growth Fund III. “Our investors love strong value-add assets like this one,” says Julie Lam, CEO of Goodegg. The seller and sales price were not disclosed. According to Apartments.com, Crowne Club features one-, two- and three-bedroom apartments ranging in size from 850 to 1,400 squ ..read more

RALEIGH, N.C. — CBRE has arranged two new retail leases in Raleigh on behalf of ParTee Shack, a miniature golf-focused entertainment concept. ParTee will occupy 19,590 square feet at Celebration at Six Forks and 17,000 square feet at Capital Marketplace. These mark the second and third locations in the city for the brand. Jon Stanley of CBRE represented the tenant in both lease negotiations. Charlie Coyne of CBRE represented the landlord of Capital Marketplace, Finmarc Management, and Tiffany Barrier of CBRE represented the landlord of Celebration at Six Forks, FCA Partners. Founded in 2020, P ..read more

THE WOODLANDS, TEXAS — Conn’s HomePlus, a home furnishing retailer based in the Houston area, has filed for Chapter 11 bankruptcy and will close at least 70 stores nationwide, according to reports from multiple media outlets including CNN and USA Today. The latter publication reports that Conn’s filed for bankruptcy protection this past Tuesday in the U.S. Bankruptcy Court for the Southern District of Texas amid slumping revenue reports and that the impacted stores are scattered across 13 states. Both news organizations report that the state with the highest concentration of closures is Florid ..read more

DENTON, TEXAS — Dallas-based MYCON General Contractors has broken ground on an approximately 800-unit self-storage facility for U-Haul in the North Texas city of Denton. Located on a 5.9-acre site on the city’s east side, the facility will consist of three buildings totaling 70,000 net rentable square feet. More specifically, the development will comprise a 28,639-square-foot pre-engineered metal building for U-Box storage; a four-story, 98,512-square-foot self-storage building; and a 2,400-square-foot drive-up storage unit. The project, which marks MYCON’s seventh collaboration with U-Haul, i ..read more

ARLINGTON, TEXAS — Cushman & Wakefield has arranged the sale of Cooper I-20 Building C, a 401,115-square-foot industrial facility in Arlington. Completed in 2020, the building features 36-foot clear heights, 92 loading doors, four storefronts with dedicated parking and 46 trailer storage spaces. Jim Carpenter, Jud Clements, Robby Rieke, Trevor Berry, Madeleine Supplee, David Eseke and Mark Collins of Cushman & Wakefield represented the seller, Barings, in the transaction. John Alascio, T.J. Sullivan and Meredith Donovan, also with Cushman & Wakefield, arranged acquisition financing ..read more

ARLINGTON, TEXAS — Marcus & Millichap has brokered the sale of Serena Vista, a 120-unit apartment complex in Arlington. Built in 1980, the property offers studio, one-, two- and three-bedroom units and amenities such as a pool, fitness center, clubhouse and a dog park. Nick Fluellen, Bard Hoover and Chris Pearson of Marcus & Millichap represented the seller, an undisclosed private investment group, in the transaction and procured the buyer, Green Mountain Properties LLC. The post Marcus & Millichap Brokers Sale of 120-Unit Serena Vista Apartments in Arlington appeared first on REBu ..read more

THE WOODLANDS, TEXAS — Colliers has negotiated a 14,581-square-foot office sublease in The Woodlands. According to LoopNet Inc., the building at 1735 Hughes Landing Blvd. was built in 2015 and totals 318,170 square feet. Tom Condon Jr., Jillian Fredericks, Norman Munoz, Michael Wu and Nic Fang of Colliers represented the sublessee, Skyline Industrial Supply, in the negotiations. Lonna Jenks, Beau Bellow and Ronnie Deyo of JLL represented the sublessor, ExxonMobil. An affiliate of Howard Hughes Holdings owns the building. The post Colliers Negotiates 14,581 SF Office Sublease in The Woodlands ..read more