Acquisitions Archives - REBusinessOnline https://rebusinessonline.com/category/acquisitions/ Commercial Real Estate from Coast to Coast Fri, 23 Jan 2026 16:33:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://rebusinessonline.com/wp-content/uploads/2020/09/cropped-REBusiness-logo-512px-32x32.png Acquisitions Archives - REBusinessOnline https://rebusinessonline.com/category/acquisitions/ 32 32 IPA Brokers Sale of 288-Unit Apartment Complex in Midland, Texas https://rebusinessonline.com/ipa-brokers-sale-of-288-unit-apartment-complex-in-midland-texas/ Fri, 23 Jan 2026 16:33:40 +0000 https://rebusinessonline.com/?p=449001 MIDLAND, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of The Everett at Ally Village, a 288-unit apartment complex in the West Texas city of Midland. Built in 2021, the property offers one-, two- and three-bedroom units and amenities such as a pool, fitness center, business center, clubhouse, pet park, golf simulator and outdoor grilling and dining stations. Will Balthrope and Drew Garza of IPA brokered the deal. The buyer and seller were not disclosed.

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]]> Oxford Partners Negotiates Sale of 50,903 SF Industrial Building in Northwest Houston https://rebusinessonline.com/oxford-partners-negotiates-sale-of-50903-sf-industrial-building-in-northwest-houston/ Fri, 23 Jan 2026 16:29:42 +0000 https://rebusinessonline.com/?p=448997 HOUSTON — Locally based brokerage firm Oxford Partners has negotiated the sale of a 50,903-square-foot industrial building in northwest Houston. According to LoopNet Inc., the building at 7400 W. Sam Houston Parkway N was built on 4.2 acres last year and features a 32-foot clear height. Jeffery Arnaud of Oxford Partners represented the buyer, Shahin Enterprises, in the transaction. Conrad Bernard of Boyd Commercial represented the undisclosed seller.

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]]> JLL Brokers $27.9M Sale of Retail Portfolio in Mount Olive, New Jersey https://rebusinessonline.com/jll-brokers-27-9m-sale-of-retail-portfolio-in-mount-olive-new-jersey/ Fri, 23 Jan 2026 15:41:20 +0000 https://rebusinessonline.com/?p=448983 MOUNT OLIVE, N.J. — JLL has brokered the $27.9 million sale of a portfolio of net-leased retail properties totaling 167,532 square feet in Mount Olive, about 45 miles west of New York City. Known as The Gardens Portfolio, the collection spans eight properties across seven pad sites totaling 32,493 square feet and a Lowe’s Home Improvement store that totals 135,039 square feet. Other tenants include Applebee’s, LongHorn Steakhouse, Panera Bread, Wells Fargo, McDonald’s, Wendy’s, Panda Express and Chipotle. Kevin O’Hearn, Jose Cruz and J.B. Bruno of JLL represented the seller, Rivani, in the transaction.

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]]> West Hive Capital Sells Western Plaza Retail Center in Southern California for $24.5M https://rebusinessonline.com/west-hive-capital-sells-western-plaza-retail-center-in-southern-california-for-24-5m/ Fri, 23 Jan 2026 14:45:00 +0000 https://rebusinessonline.com/?p=448849 RANCHO PALOS VERDES, CALIF. — Hanley Investment Group Real Estate Advisors has negotiated the $24.5 million sale of Western Plaza, a 28,190-square-foot neighborhood retail center located in Rancho Palos Verdes. Jeff Lefko of Hanley Investment Group represented the seller, West Hive Capital, in the transaction. Sheila Alimadadian of Marcus & Millichap represented the buyer, Aria Investments. After acquiring Western Plaza in 2024 for $8 million, West Hive Capital completed a full-scale redevelopment of the property. Renovations featured a complete exterior façade modernization, upgraded building systems, parking lot enhancements, an improved tenant mix and the addition of a 4,000-square-foot outdoor dining plaza. Current retailers and restaurants at the center include O’Reilly Auto Parts, The Habit Burger Grill, Urbane Café, Mattress Firm, Pacific Dental, Piccinni Italian, Alibaba Mediterranean, Pure Bean Coffee and Koi Ramen.

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]]> Essential Growth Properties Acquires Publix-Anchored Shopping Center in Mulberry, Georgia for $13.4M https://rebusinessonline.com/essential-growth-properties-acquires-publix-anchored-shopping-center-in-mulberry-georgia-for-13-4m/ Fri, 23 Jan 2026 14:37:56 +0000 https://rebusinessonline.com/?p=448972 MULBERRY, GA. — Essential Growth Properties has acquired Mulberry Village, a 75,200-square-foot shopping center located in Mulberry, approximately 50 miles northeast of Atlanta, for $13.5 million. Built in 2008 on about 17 acres, Mulberry Village is anchored by a newly renovated Publix. Additional tenants at the center, which was 94 percent occupied at the time of sale, include Taco Bell, Maria’s Tex Mex, State Farm, Capital Nails, Spice Wing and Peking Chinese. The property also features four undeveloped outparcels for future use. Jim Hamilton, Brad Buchanan, Andrew Michols and Charlie Merrigan of JLL represented the seller, Watkins Real Estate Group, in the transaction.

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]]> FCP Sells 365-Unit Multifamily Community in Raleigh https://rebusinessonline.com/fcp-sells-365-unit-multifamily-community-in-raleigh/ Fri, 23 Jan 2026 14:36:32 +0000 https://rebusinessonline.com/?p=448969 RALEIGH, N.C. — FCP has sold The Pointe at Midtown, a 365-unit, garden-style apartment community located at 901 Navaho Drive in Raleigh, near the North Hills mixed-use development in the city’s Midtown district. The Pointe at Midtown offers two- and three-bedroom apartments ranging in size from 858 to 1,190 square feet, according to Apartments.com. Amenities include a swimming pool, basketball court, shaded playground, two clothes care centers and a package locker system. Hunter Barron, Teddy Hobbs, Ryan Gavigan, Ben Bury and Woody Flythe of JLL represented FCP in the transaction. The sales price and buyer were not disclosed.

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]]> MAG Capital Partners Acquires 425,000 SF Industrial Campus in New Castle, Indiana https://rebusinessonline.com/mag-capital-partners-acquires-425000-sf-industrial-campus-in-new-castle-indiana/ Fri, 23 Jan 2026 14:29:26 +0000 https://rebusinessonline.com/?p=448958 NEW CASTLE, IND. — MAG Capital Partners has acquired an approximately 425,000-square-foot industrial headquarters campus in New Castle, about 44 miles east of Indianapolis. The transaction was a sale-leaseback with New Castle Stainless Plate. Comprising more than a dozen buildings on nearly 128 acres, the property manufactures stainless plate products, serving a diverse range of industries including aerospace, energy, chemical processing and heavy equipment manufacturing. Deutsche Bank provided acquisition financing. Krupa Shah and Phil DiGennaro of Stream Capital Partners represented the seller.

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]]> JLL, Stream Broker Sale of 285,682 SF Office Building in Houston’s Energy Corridor https://rebusinessonline.com/jll-stream-broker-sale-of-285682-sf-office-building-in-houstons-energy-corridor/ Thu, 22 Jan 2026 15:25:41 +0000 https://rebusinessonline.com/?p=448906 HOUSTON — JLL and Stream Realty Partners have co-brokered the sale of Kirkwood Tower, a 285,682-square-foot office building located in the Energy Corridor area of West Houston. The 16-story building, which was originally built in the early 1980s and renovated in 2015, was about 73 percent leased at the time of sale. Amenities include an executive penthouse, fitness center, sauna, wellness room, rooftop jogging track, a lobby bank, tenant lounge and a deli. Rick Goings and Jeff Hollinden of JLL represented the undisclosed seller in the transaction. The duo collaborated with Matthew Asvestas of Stream Realty Partners to represent the buyer, David Z. Mafrige Interests (DZMI). Stream has also been retained as the leasing agent.

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]]> STRIVE Negotiates Sale of 44,950 SF Retail, Office Complex in West Houston https://rebusinessonline.com/strive-negotiates-sale-of-44950-sf-retail-office-complex-in-west-houston/ Thu, 22 Jan 2026 15:10:01 +0000 https://rebusinessonline.com/?p=448900 HOUSTON — Dallas-based brokerage firm STRIVE has negotiated the sale of Washington Plaza, a 44,950-square-foot retail and office complex in West Houston. Built in 2008, the property was 97 percent leased at the time of sale. Jake Dutson and Michael Hill of STRIVE represented the undisclosed seller — and original developer — of the property, in the transaction. The duo also procured the buyer, Dhanani Private Equity Group.

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]]> Newmark Brokers $24.5M Sale of Warehouse, Distribution Facility in Portsmouth, New Hampshire https://rebusinessonline.com/newmark-brokers-24-5m-sale-of-warehouse-distribution-facility-in-portsmouth-new-hampshire/ Thu, 22 Jan 2026 14:36:56 +0000 https://rebusinessonline.com/?p=448895 PORTSMOUTH, N.H. — Newmark has brokered the $24.5 million sale of a 102,059-square-foot warehouse and distribution facility in Portsmouth, located along the Maine-New Hampshire border. The building at 100 New Hampshire Ave. was completed last fall and was delivered fully preleased to an HCA Healthcare subsidiary and paper products provider Georgia-Pacific. Tyler McGrail of Newmark represented the seller, The Kane Co., in the transaction and procured the buyer, Wenberry Associates LLC. Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell and Allie Percoco of Newmark provided support for the transaction.

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]]> Berkeley Capital Arranges $102M Sale of Virginia Beach Shopping Center https://rebusinessonline.com/berkeley-capital-arranges-102m-sale-of-virginia-beach-shopping-center/ Thu, 22 Jan 2026 14:32:40 +0000 https://rebusinessonline.com/?p=448891 VIRGINIA BEACH, VA. — Berkeley Capital Advisors has arranged the $102 million sale of Landstown Commons Shopping Center, a 408,851-square-foot, open-air retail center located in Virginia Beach. Kohl’s, Ross Dress for Less, Best Buy, Old Navy and Ulta Beauty anchor the center. Other tenants include Bath & Body Works, Carter’s, Burlington, Five Below, Dollar Tree and PetSmart. Rob Carter of Berkeley Capital Advisors represented the seller, Rye, N.Y.-based Acadia Realty Trust, in the transaction. Moritt Hock & Hamroff represented the buyer, an affiliate of Yale Realty Services. Additionally, The Bank of Montreal provided $73.4 million in acquisition financing for the deal.

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]]> DJM Sells Gateway Shopping Center in Mission Viejo, California for $51M https://rebusinessonline.com/djm-sells-gateway-shopping-center-in-mission-viejo-california-for-51m/ Thu, 22 Jan 2026 14:26:18 +0000 https://rebusinessonline.com/?p=448846 MISSION VIEJO, CALIF. — Orange County-based DJM has sold Gateway Shopping Center, a 79,001-square-foot shopping center located in Mission Viejo. An institutional buyer purchased the property for $51 million. JLL represented DJM in the all-cash transaction. Completed in 1979 on 7.4 acres, Gateway Shopping Center features a mix of tenants including Starbucks, Baja Fresh, Saddleback Family & Urgent Care and Chase, among others. The center was 97 percent leased at the time of sale. DJM acquired Gateway Center in December 2021 from Gerrity Group for $39.5 million. Following the acquisition, DJM completed a repositioning strategy that featured new leases with Pacific Dental and several restaurant and fitness tenants, as well as enhanced landscaping, refreshed paint and the addition of a weekly farmers market.

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]]> Greenstone Partners Arranges $2.6M Sale of Retail Property in New Lenox, Illinois https://rebusinessonline.com/greenstone-partners-arranges-2-6m-sale-of-retail-property-in-new-lenox-illinois/ Thu, 22 Jan 2026 14:14:26 +0000 https://rebusinessonline.com/?p=448866 NEW LENOX, ILL. — Greenstone Partners has arranged the $2.6 million sale of The Sherwin-Williams Center, a two-tenant retail property on Lincoln Highway in New Lenox, a southwest suburb of Chicago. The asset is home to Sherwin-Williams and Don Jose’s, a local Mexican restaurant. Jason St. John of Greenstone represented the seller, a Chicago-based developer, and procured the buyer, a Georgia-based investment group.

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]]> Partnership Acquires 360-Unit Birchstone Cedar Ridge Apartments in South Dallas https://rebusinessonline.com/partnership-acquires-360-unit-birchstone-cedar-ridge-apartments-in-south-dallas/ Wed, 21 Jan 2026 16:08:22 +0000 https://rebusinessonline.com/?p=448817 DALLAS — A partnership between multifamily owner-operator Ashcroft Capital and two Chicago-based investment firms Temerity Strategic Partners and Pearlmark, has acquired the Birchstone Cedar Ridge, a 360-unit apartment community in South Dallas. Built in 2024, Birchstone Cedar Ridge features one-, two- and three-bedroom units that range in size from 660 to 1,541 square feet. Amenities include a pool with cabanas, outdoor kitchen and grilling areas, a dog park, fitness center, business center and a community clubhouse. The seller and sales price were not disclosed.

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]]> Klepper Industrial Buys 30,000 SF Building in Cedar Park, Texas https://rebusinessonline.com/klepper-industrial-buys-30000-sf-building-in-cedar-park-texas/ Wed, 21 Jan 2026 15:47:48 +0000 https://rebusinessonline.com/?p=448809 CEDAR PARK, TEXAS — Local investment firm Klepper Industrial has purchased a 30,000-square-foot building in Cedar Park, a northern suburb of Austin. The structure is known as 1615 Scottsdale Building Two and is currently vacant. Stan Nowak of Partners Real Estate represented the buyer in the transaction. Witt Westbrook of JLL represented the seller, a partnership between BCA Industrial Partners and Growth Capital Partners.

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]]> Partnership Acquires 102,500 SF Shopping Center in Old Lyme, Connecticut https://rebusinessonline.com/partnership-acquires-102500-sf-shopping-center-in-old-lyme-connecticut/ Wed, 21 Jan 2026 14:59:33 +0000 https://rebusinessonline.com/?p=448794 OLD LYME, CONN. — A partnership between Zelco Properties & Development, Grossman Development Group and The McDevitt Co. has acquired a 102,500-square-foot shopping center in Old Lyme, located in southern coastal Connecticut. Anchored by Big Y World Class Market, Old Lyme Marketplace is also home to tenants such as Walgreens, Grand Wine & Spirits and The Bowerbird Gift Shop. The seller and sales price were not disclosed.

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]]> JLL Brokers Sale of 358-Unit Apartment Community in North Charleston https://rebusinessonline.com/jll-brokers-sale-of-358-unit-apartment-community-in-north-charleston/ Wed, 21 Jan 2026 14:59:10 +0000 https://rebusinessonline.com/?p=448797 NORTH CHARLESTON, S.C. — JLL has brokered the sale of Link Apartments Mixson, a 358-unit property located at 4501 Mixson Ave. in North Charleston’s Park Circle submarket. Comunidad Realty Partners purchased the apartment community from Grubb Properties for an undisclosed price. John Gavigan, John Mikels, Ben Bury and Chase Monroe of JLL represented the seller in the transaction. Additionally, Robert Wooten and Jackson Finch originated a Freddie Mac loan for the acquisition. Link Apartments Mixson was developed in phases in 2014 and 2019. The community features a mix of one- and two-bedroom apartments, as well as a saltwater pool, 24/7 fitness center, coworking spaces, dog park and a community clubhouse with a coffee bar.

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]]> IPA Negotiates Sale of 57,524 SF Shopping Center in Baltimore https://rebusinessonline.com/ipa-negotiates-sale-of-57524-sf-shopping-center-in-baltimore/ Wed, 21 Jan 2026 14:56:55 +0000 https://rebusinessonline.com/?p=448789 BALTIMORE — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Highlandtown Village, a 57,524-square-foot shopping center located at 3800 E. Lombard St. in Baltimore. Built in 1987, the retail center was fully leased at the time of sale to tenants including Hazlo International Foods, Dollar Tree, Baltimore Bark House, Fishtail Wine and Song’s Beauty Supplies. The average tenant occupancy at Highlandtown Village exceeds 14 years, according to IPA. David Crotts and Dean Zang of IPA represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

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]]> Berkadia Brokers Sale of 135-Unit Seniors Housing Community on San Francisco Bay https://rebusinessonline.com/berkadia-brokers-sale-of-135-unit-seniors-housing-community-on-san-francisco-bay/ Wed, 21 Jan 2026 14:40:14 +0000 https://rebusinessonline.com/?p=448753 SAN MATEO, CALIF. — Berkadia has brokered the sale of Atria Park of San Mateo, a 135-unit assisted living and memory care community located in San Mateo on the western shores of San Francisco Bay. A partnership between Shelter Real Estate Investment Properties and Calson Management acquired the property for an undisclosed price. The community will be rebranded as Harbor at Hillsdale. Mike Garbers, Cody Tremper, Dave Fasano and Ross Sanders of Berkadia arranged the transaction on behalf of the undisclosed seller. 

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]]> Norris & Stevens Arranges $2.3M Sale of Retail Property in The Dalles, Oregon https://rebusinessonline.com/norris-stevens-arranges-2-3m-sale-of-retail-property-in-the-dalles-oregon/ Wed, 21 Jan 2026 14:36:59 +0000 https://rebusinessonline.com/?p=448761 THE DALLES, ORE. — Norris & Stevens has brokered the sale of retail property located at 3560 W. 6th St. in The Dalles. Robert N. Magid sold the property to Northstar Market LLC for $2.3 million. Constructed in 2007, the 11,335-square-foot freestanding retail building features showroom space, restrooms, break rooms, a security room, an overhead grade door and 19 parking spaces. The property was formerly occupied by Aaron’s. Doug Carter of Portland, Ore.-based Norris & Stevens represented the seller, while Jessica Kaur of Knipe Realty EA Powered represented the buyer in the deal.

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