Commercial & Industrial Real Estate

TAMPA — November 13, 2026 -- LA Fitness has opened a club of about 30,000 square feet under its ELEVATE concept at RITHM at Uptown, the redevelopment of the former University Mall at 2170 E. Fowler Avenue, RD Management announced. The approximately $12.5 million construction investment works out to roughly $417 per square foot, by our calculation.

ELEVATE club divides its floor space into specialized training zones

The club includes a Reformer Pilates studio, a HYROX functional training area, and LIFT, an expanded free-weight space with a Rogue Rig system, Olympic benches and lifting platforms. It also offers personal training, locker rooms and instructor-led group fitness classes.

Mike Carroll, Co-CEO of RD Management, said LA Fitness chose RITHM for the market debut of the ELEVATE concept. The release does not say who funds the $12.5 million or how many ELEVATE clubs LA Fitness plans to open.

WEXFORD — November 13, 2026 -- Berkshire Hathaway HomeServices The Preferred Realty has committed $18,000 to seven education awards for the 2026–2027 cycle. The package adds four teacher grants of up to $1,500 each to the brokerage's Dream, Innovate, Grow scholarship program, run in partnership with Berkshire Hathaway HomeServices Stouffer Realty.

The money covers 32 counties, 16 in Western Pennsylvania and 16 in Eastern Ohio. That works out to about $563 per county.

Teacher grants account for one-third of the $18,000 commitment

The four Innovative Teaching Grants total $6,000 at the full $1,500 level, or one-third of the budget. The three student scholarships of $4,000 each make up the other $12,000, or two-thirds. The release describes the grants both as "$1,500" and as "up to $1,500", so $6,000 is a ceiling, not a guaranteed spend.

DAYTONA BEACH SHORES — November 13, 2026 -- Valor Real Estate Development has secured full entitlement for its site at 3322 S Atlantic Blvd in Daytona Beach Shores, Florida, clearing the way to convert it into the sales gallery for Aston Martin Residences. The release describes entitlement for the gallery site only and gives no approval status for the residential project itself.

The approvals followed reviews of zoning compliance and infrastructure, plus work with city officials and community stakeholders, according to Valor. City Manager Mike Fowler welcomed the decision, saying it reflects "thoughtful, high-quality development."

ALPHARETTA — November 13, 2026 -- Perennial Housing Group has launched as an affordable housing owner and operator with a portfolio of 31 properties holding almost 4,000 apartment units across 10 states in the Southeast and Midwest. Of the 31 properties, 97% by count are supported by long-term project-based Section 8 (PBS8) contracts, which works out to 30 properties by FairsOnline's calculation.

Perennial's portfolio averages fewer than 130 units per property

Almost 4,000 units across 31 properties equals fewer than 130 units per property, by FairsOnline's calculation. The 31 properties across 10 states average about three per state. One property in the portfolio is not covered by a PBS8 contract. The company did not say what contract or arrangement applies to it.

BOSTON -- November 12, 2026 -- STAG Industrial, Inc. (NYSE:STAG) will participate in NAREIT's REITworld 2026 Annual Conference in the week of November 16, 2026. The industrial real estate investment trust has posted a refreshed investor presentation and a business update presentation ahead of the event.

As of September 30, 2026, STAG's portfolio consisted of 606 buildings in 41 states, with approximately 123.0 million rentable square feet.

By FairsOnline's calculation, that works out to an average of about 203,000 rentable square feet per building (123.0 million divided by 606) and roughly 15 buildings per state (606 divided by 41). The averages do not show how the buildings are spread across states.