Vicentiu Fusea

Preleasing remained ahead of last year's final March estimate, but rent growth continued to decelerate, Yardi Matrix data shows.

INDUS Realty Trust is developing INDUS Commerce Center @ 840, a 2.2 million-square-foot industrial park in Nashville, Tenn.

Renasant Bank provided the debt. Partners on the project include general contractor Cloverleaf Construction, along with CollegeTown Properties, set to manage the residence hall.

Previous financing for the 215-unit property includes a $95.3 million construction loan from Pacific Life Insurance Co., according to Yardi Matrix information.

AKIRA signed a 202,105-square-foot, long-term lease extension at 150 E. Crossroads Parkway, an industrial facility in Bolingbrook, Ill.

City Club Apartments sold the asset. The company had acquired it in February 2018 in a two-property portfolio transaction from Village Green management.

SpaceX has paid $185 million for a 785,000-square-foot data center in Memphis, Tenn. This marks the company’s first data center of xAI.

VanTrust Real Estate has started construction on Building I within Park 762, a 1 million-square-foot industrial project in Lockbourne, Ohio, in metro Columbus.

The property came online in 2023. Affinius Capital has obtained a $55 million refinancing loan for Venture Park 47, a 729,823-square-foot

Biggs Groups, Ancora, Weigand Construction and MSquare landed $99 million for The Elex, a mixed-income community in Fort Wayne, Ind.