Acquisitions Archives - REBusinessOnline

Landmark Properties, CrossHarbor Capital Break Ground on 272-Unit Student Housing Property in Eugene, Oregon

Amy Works — Thu, 02 Jul 2026 14:39:59 +0000

EUGENE, ORE. — Landmark Properties and CrossHarbor Capital have broken ground on The Mark Eugene, a 272-unit student housing property located on a 2.6-acre site in Eugene. The project team for the five-story housing community includes ESG Architecture & Design, Landmark Construction and KPFF Consulting Engineers. Located at 1290 Alder St., less than one mile from the University of Oregon, The Mark Eugene will feature 1,002 beds across 272 units in a mix of studios, one-, two-, three-, four- and five-bedroom layouts. Apartments will be fully furnished, wired for high-speed internet and cable and feature in-unit laundry. Units will also include stainless steel appliances and finishes, hardwood-style laminate floors, quartz countertops, wood trim, large cabinets and bed-bath parity. The Mark Eugene will feature 37,000 square feet of amenity space, including a resort-style pool and spa with cabanas, clubhouse, outdoor grilling, fire pit and seating areas, dog park and multiple outdoor courtyards. Interior amenities will include a fitness center, sports simulator, wellness suite with sauna and cold plunge, study lounge with café, gaming lounge and bike storage. Additionally, the property will feature 5,785 square feet of ground-floor retail space within a parking deck located at 13th and Hilyard, which was included as…

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Phoenix Commercial Advisors Directs $10.7M Sale of Retail Center in Surprise, Arizona

Amy Works — Thu, 02 Jul 2026 14:36:41 +0000

SURPRISE, ARIZ. — Phoenix Commercial Advisors has directed the $10.7 million sale of Grand Village Center, a necessity-based retail center in Surprise. The asset traded for $203 per square foot. John Schweikert and Chad Tiedeman of Phoenix Commercial Advisors represented the undisclosed seller in the deal. The name of the buyer was not released. Built in 2005, the 52,685-square-foot Grand Village Center was 97 percent leased at the time of sale to an internet-resistant mix of tenants with Elevate Trampoline Park as the anchor.

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LifeCare Sells 115-Unit Seniors Housing Property in Tyler, Texas

Taylor Williams — Thu, 02 Jul 2026 13:43:17 +0000

TYLER, TEXAS — LifeCare has sold The Blake at Tyler, a 115-unit seniors housing property located about 100 miles east of Dallas. The Blake at Tyler opened in 2024 and houses 72 independent living unit and 43 memory care residences. Amenities include a salon, chapel, theater, physical therapy clinic, multiple dining venues and courtyards. The name of the buyer, a publicly traded REIT, as well as the sales price, were not disclosed. Blake Management Group will continue to operate the property.

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JLL Brokers Sale of 29,986 SF Retail Strip Center in Katy, Texas

Taylor Williams — Thu, 02 Jul 2026 13:41:36 +0000

KATY, TEXAS — JLL has brokered the sale of Firethorne Plaza, a 29,986-square-foot retail strip center in the western Houston suburb of Katy. Located at the entrance to the Firethorne master-planned community, the center was fully leased at the time of sale to tenants such as Edward Jones, Pizza Hut, Tide Cleaners and Eye Level Learning. Ryan West and John Indelli of JLL represented the undisclosed seller in the transaction. The buyer was Cincinnati-based shopping center REIT Phillips Edison & Co.

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Marcus & Millichap Brokers $54.2M Sale of Long Island Industrial Portfolio

Taylor Williams — Thu, 02 Jul 2026 13:29:52 +0000

LONG ISLAND, N.Y. — Marcus & Millichap has brokered the $54.2 million sale of a portfolio of five industrial properties totaling 275,938 square feet on Long Island. Located in Farmingdale, Hicksville and Oceanside, the properties range in size from 28,000 to 100,000 square feet. All were constructed between 1975 and 1985 and include office space. Michael Tuccillo and Anthony Cerrone of Marcus & Millichap represented the seller, Howard Katz Realty & Construction, in the transaction and procured the buyer, Spiegel Associates.

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Prologis to Build 454,000 SF Industrial Development in Suburban Chicago

Kristin Harlow — Thu, 02 Jul 2026 13:20:08 +0000

GLENDALE HEIGHTS, ILL. — Prologis has acquired 26.2 acres of land in Glendale Heights with plans to build a speculative industrial development consisting of two Class A logistics facilities totaling 454,000 square feet. Each building will feature a clear height of 36 feet, more than 200 car parking spaces and a shared 200-foot truck court. The project site is adjacent to the High Grove Business Park to the east and a commercial and retail development to the west. It also features direct access to I-355 and proximity to the Chicago O’Hare airport. Plans call for significant infrastructure improvements, including construction of a new connector drive and upgrades to nearby intersections and stormwater management facilities.

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Mid-America Brokers Sale of 70,144 SF Retail Center in Park Ridge, Illinois

Kristin Harlow — Thu, 02 Jul 2026 13:07:53 +0000

PARK RIDGE, ILL. — Mid-America Real Estate Corp. has brokered the sale of The Shops of Uptown, a 70,144-square-foot, grocery-anchored retail center in the Chicago suburb of Park Ridge. Anchored by Trader Joe’s, The Shops of Uptown is part of the larger Uptown mixed-use development. Joe Girardi and Patrick Corrigan of Mid-America represented the seller, Phillips Edison Co. An institutional investment manager was the buyer.

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American Landmark Acquires Two Multifamily Communities in Jacksonville, Florida

Abby Cox — Thu, 02 Jul 2026 12:30:00 +0000

JACKSONVILLE, FLA. — American Landmark Properties has acquired two multifamily communities totaling 552 units in Jacksonville. The adjacent properties include Mirador Apartments at River City and Stovall Apartments at River City, which will be rebranded as a singular property, dubbed Levi at River City. The seller and sales price were not disclosed. Built in 2007, Levi at River City offers a mix of one-, two- and three-bedroom apartments that feature fully equipped kitchens, private patios or balconies, and in-unit washers and dryers. Amenities include resort-style swimming pools, a fitness center, clubhouse, business center, community playground and controlled-access entry.

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Northmarq Secures $13.7M Bridge Loan for Innerbelt Business Center in Metro St. Louis

Kristin Harlow — Wed, 01 Jul 2026 13:49:46 +0000

OVERLAND, MO. — Northmarq has secured $13.7 million in acquisition financing for Innerbelt Business Center, a 191,925-square-foot flex/showroom property in Overland near St. Louis. Lucas Goring and Andy Finn of Northmarq arranged the financing on behalf of Fountain Real Estate Capital through a regional bank. The five-year loan features three years of interest-only payments along with future funding. The property is close to stabilization, but Fountain will look to push rents to market as leases reach expiration, according to Northmarq.

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Redwood West, Panattoni Purchase 394,616 SF The Pike Lifestyle Center in Long Beach, California

Amy Works — Wed, 01 Jul 2026 13:41:02 +0000

LONG BEACH, CALIF. — Redwood West, in partnership with Panattoni, has purchased The Pike, a 394,616-square-foot waterfront retail, dining and entertainment lifestyle center in Long Beach. Terms of the purchase were not released. Located at 95 S. Pine Ave., The Pike features mixed-use commercial space that was 91 percent leased at the time of sale. Current tenants include Cinemark Theaters, Restoration Hardware, EōS Fitness, Nike Factory Store, H&M, Levi’s, P.F. Chang’s, Gladstones, California Pizza Kitchen and Starbucks Coffee. Redwood West and Panattoni plan to invest $20 million to deliver placemaking initiatives, community-focused events, strategic leasing, neighborhood-serving uses and experiential activations.

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Lee & Associates Brokers $9.1M Sale of Three-Building Industrial Portfolio in Vista, California

Amy Works — Wed, 01 Jul 2026 13:40:47 +0000

VISTA, CALIF. — Lee & Associates has brokered the $9.1 million sale of a three-building industrial portfolio located at 2438, 2440 and 2446 Cades Way in Southern California. All three buildings were acquired by a single private investor. The 33,573-square-foot portfolio features a combination of stable single-tenant occupancy, modern offices, heavy power, secured loading and yard areas, grade-level loading doors and “highly functional” warehouse configurations designed to accommodate a broad range of manufacturing users. Rusty Williams, Chris Roth and Jack Rubendall of Lee & Associates – Williams Roth Group represented the buyer and undisclosed seller in the off-market transaction.

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Matthews Arranges Sale of Four-Property Medical Office Portfolio in Spokane, Washington

Amy Works — Wed, 01 Jul 2026 13:39:25 +0000

SPOKANE, WASH. — Matthews has arranged the sale of a four-property medical office portfolio located at 427 S. Bernard St., 9651 N. Nevada St., 31 E. Central Ave. and 208 W. 5th Ave. in Spokane. Michael Moreno, Rahul Chhajed and Tyler Swade of Matthews represented the seller, a group of physician owners, in the transaction. Terms of the deal were not released. The Spokane Eye Clinic Portfolio is composed of 72,000 square feet of medical office space that is fully occupied by a 28-physician practice with more than 70 years of operating history supporting over 146,000 annual patient visits and 13,000 surgical procedures. The clinic operates under PRISM Vision Group, a McKesson-backed national ophthalmology platform with more than 100 affiliated locations, under NNN lease structures with 2.5 percent annual rent escalators.

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Coldwell Banker Commercial Negotiates $4.4M Sale of Office Property in Casper, Wyoming

Amy Works — Wed, 01 Jul 2026 13:38:36 +0000

CASPER, WYO. — Coldwell Banker Commercial has arranged the $4.4 million sale of 800 Werner Court, an office property in Central Wyoming. Situated on 4.7 acres, the three-story property features 99,500 square feet of office space. Tommy Russell, affiliated broker with Coldwell Banker Commercial, represented the buyer and seller in the deal. The names of the seller and buyer were not released.

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JLL Negotiates Sale of 1 MSF Industrial Park in Northwest Houston

Taylor Williams — Wed, 01 Jul 2026 13:35:00 +0000

HOUSTON — JLL has negotiated the sale of a six-building, 1 million-square-foot industrial park in northwest Houston. Northwest Spur Industrial Park spans 43.5 acres and houses shallow-bay buildings that were constructed in 1980. Building features include 18- to 24-foot clear heights, 216 dock doors, 24 ramps, 587 car parking spaces and recently updated roofing systems across all buildings. Trent Agnew, Charlie Strauss, Lance Young, Brooke Petzold and Dawson Hastings of JLL represented the undisclosed seller in the transaction. The buyer was High Street Logistics Properties. Northwest Spur Industrial Park was fully leased to 14 tenants at the time of sale.

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Newmark Arranges Sale of 586-Unit Multifamily Portfolio in Haltom City, Texas

Taylor Williams — Wed, 01 Jul 2026 13:30:00 +0000

HALTOM CITY, TEXAS — Newmark has arranged the sale of a portfolio of two multifamily properties totaling 586 units in Haltom City, a northern suburb of Fort Worth. Hidden Lakes and The Ranch at Fossil Creek total 312 and 274 units, respectively. Both properties offer one-, two- and three-bedroom floor plans and amenities such as pools, fitness centers, clubhouses, business and coworking spaces, sports courts and outdoor recreation areas. Richard Furr, Brian O’Boyle Jr. and Brian Murphy of Newmark represented the seller, Exponential Property Group, in the transaction. The buyer was Mox Living. Braden Harmon, Hank Glasgow and Jeff Fein, also with Newmark, arranged acquisition financing for the deal.

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Prudent Growth Acquires 28,850 SF Retail Center in Rowlett, Texas

Taylor Williams — Wed, 01 Jul 2026 13:20:00 +0000

ROWLETT, TEXAS — North Carolina-based investment firm Prudent Growth Partners has acquired Scenic Square, a 28,850-square-foot retail center in Rowlett, approximately 20 miles northeast of Dallas. The sales price was $7.4 million. The center was fully leased at the time of sale to tenants including Baylor Scott & White Outpatient Rehabilitation, HealthPro Pharmacy & Wellness Center, Eagle Food Beer & Wine, Wanda’s Studio and The Track Grill and Bar. The seller was not disclosed.

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JLL Negotiates Sale of 200-Unit Apartment Complex in Halfmoon, New York

Taylor Williams — Wed, 01 Jul 2026 12:20:00 +0000

HALFMOON, N.Y. — JLL has negotiated the sale of The Kensington at Halfmoon, a 200-unit apartment complex located on the northern outskirts of Albany. Built in 2014, the property features one- and two-bedroom units with an average size of 1,228 square feet. Amenities include a pool, fitness center, dog park, movie theater, coffee bar and a resident clubhouse. Steve Simonelli, Jose Cruz and Austin Pierce of JLL represented the seller, Richbell Capital, in the transaction. JLL also arranged an undisclosed amount of acquisition financing for the deal on behalf of the buyer, MLG Capital.

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FrostPoint Capital Acquires 22,069 SF Metro Birmingham Retail Center for $5.6M

Abby Cox — Tue, 30 Jun 2026 13:57:40 +0000

HOOVER, ALA. — FrostPoint Capital has acquired Lake Crest Plaza, a 22,069-square-foot retail center located in Hoover, roughly 10 miles south of Birmingham, for $5.6 million. The seller requested anonymity. The property, which was fully leased at the time of sale, features a mix of 13 tenants including Whiskey Foxtrot Burger Dive, Oak & Ale and Cajun Cleaver. Crawford Square Real Estate Advisors will manage and lease the center, along with FrostPoint Capital.

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American Landmark Acquires 240-Unit Multifamily Community in Nashville

Abby Cox — Tue, 30 Jun 2026 13:56:35 +0000

NASHVILLE, TENN. — American Landmark Apartments has acquired Hamptons at Woodland Pointe, a 240-unit apartment community located in Nashville. The seller requested anonymity and the price was not disclosed. The property will be rebranded as Woodland Pointe Residences. Built in 2021, Woodland Pointe Residences offers a mix of one-, two- and three-bedroom apartments ranging in size from 677 square feet to 1,649 square feet, according to Apartments.com. Amenities include a swimming pool with a sundeck, fitness center, clubhouse, business center, dog park, barbecue grilling pavilion, car care center and controlled-access entry.

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Hudson Atlantic Negotiates Sale of 59-Unit Affordable Seniors Housing Building in Bayonne, New Jersey

Taylor Williams — Tue, 30 Jun 2026 13:45:37 +0000

BAYONNE, N.J. — Regional brokerage firm Hudson Atlantic Realty has negotiated the sale of a 59-unit affordable seniors housing community in Bayonne, roughly 10 miles outside New York City. Senior Horizons at Bayonne features units that carry a range of income restrictions, including for residents earning 40 to 60 percent of the area median income. Adam Zweibel of Hudson Atlantic brokered the deal. The buyer and seller were not disclosed.

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