Acquisitions Archives - REBusinessOnline

Cushman & Wakefield Brokers $6.9M Sale of Delray Beach Medical Pavilion in South Florida

John Nelson — Thu, 30 Apr 2026 14:41:28 +0000

DELRAY BEACH, FLA. — Cushman & Wakefield has brokered the $6.9 million sale of Delray Beach Medical Pavilion, a 36,041-square-foot healthcare facility located at 14000 S. Military Trail in Delray Beach. Located in South Florida’s Palm Beach County, the clinic features covered parking and was 63.4 percent leased at the time of sale. Benlee Asset Management purchased Delray Beach Medical Pavilion from the seller, an entity doing business as 14000 S Military Trail LLC. Scott O’Donnell, Mike Ciadella, Greg Miller, Miguel Alcivar, Gino Lollio and Travis Ives of Cushman & Wakefield represented the seller in the transaction.

The post Cushman & Wakefield Brokers $6.9M Sale of Delray Beach Medical Pavilion in South Florida appeared first on REBusinessOnline.

Advanced Real Estate Acquires Two Multifamily Communities in Hollywood Totaling 393 Units

Amy Works — Thu, 30 Apr 2026 13:55:19 +0000

LOS ANGELES — Advanced Real Estate has purchased two apartment properties in the Hollywood neighborhood of Los Angeles, totaling 393 residences. The assets include the 200-unit Sky Hollywood (formerly known as Columbia Square Living) and the 193-unit Jardine Hollywood towers. Terms of the transactions were not released. The acquisitions bring the Advanced portfolio to almost 13,000 units in Southern California. Sky Hollywood is situated a block south of Hollywood Boulevard at El Centro, and Jardine is located a block south of Sunset Boulevard at Ivar. The properties offer rooftop pools, large fitness centers, resident lounges, floor-to-ceiling windows and luxury appliances. Additionally, each property offers penthouses leasing from $12,000 to $20,000 per month. Advanced Management Co. will handle property management for the assets. Advanced plans to make cosmetic upgrades to the properties, which will be administered by it affiliated construction company, R3 Construction Services. Blake Rogers, Dillon Bergum, Alexandra Caniglia and Kip Malo of JLL Capital Markets handled the acquisitions. Kevin Mackenzie, Greg Brown and Charlie Vorsheck of JLL procured two separate, uncrossed loans totaling $141.4 million from Freddie Mac. The loans have a fixed rate for 10 years and interest-only payments.

The post Advanced Real Estate Acquires Two Multifamily Communities in Hollywood Totaling 393 Units appeared first on REBusinessOnline.

Thompson Thrift Disposes of Build-to-Rent Community in Peoria, Arizona for $45.8M

Amy Works — Thu, 30 Apr 2026 13:53:41 +0000

PEORIA, ARIZ. — Thompson Thrift has completed the sale of Grindstone at Sunrise, a build-to-rent multifamily community in Peoria, to an undisclosed buyer for $45.8 million, or $327,500 per unit. Steve Gebing and Cliff David of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller and procured the buyer in the deal. Completed in 2021, Grindstone at Sunrise features 140 one- and two-story homes in one-, two- and three-bedroom floor plans spread across 70 residential buildings. Units offer open-concept living spaces, 10-foot or higher ceilings and an average unit size of 1,069 square feet. The community also includes an amenity building, resort-style swimming pool and spa.

The post Thompson Thrift Disposes of Build-to-Rent Community in Peoria, Arizona for $45.8M appeared first on REBusinessOnline.

ViaWest Group, Walton Street Capital Sell 39,360 SF Industrial Property in Phoenix

Amy Works — Thu, 30 Apr 2026 13:51:38 +0000

PHOENIX — ViaWest Group and Walton Street Capital have completed the disposition of 1450 East Buckeye Road, a fully leased industrial building in Phoenix, to Stonelake Capital Partners for an undisclosed price. Phil Haenel, Will Strong, Foster Bundy and Paul Boyle of Cushman & Wakefield’s Phoenix Industrial Private Capital Group represented the sellers and procured the buyer in the deal. Core & Main occupies the 39,360-square-foot property as a key distribution hub for its extensive piping division and operations. The building features ample loading doors, an efficient warehouse configuration, a large secured truck court and more than 1 acre of excess yard designed to support large-scale distribution and logistics. Additionally, the property’s infrastructure supports a range of industrial uses and offers flexibility for future tenant needs. The facility’s location on East Buckeye Road offers direct access to major transportation routes, including I-10 and State Route 202.

The post ViaWest Group, Walton Street Capital Sell 39,360 SF Industrial Property in Phoenix appeared first on REBusinessOnline.

Lee & Associates Orange Brokers Sale of 10,080 SF Industrial Building in Fullerton, California

Amy Works — Thu, 30 Apr 2026 13:50:18 +0000

FULLERTON, CALIF. — Lee & Associates Orange has arranged the sale of a 10,080-square-foot industrial building located at 1021 S. Placentia Ave. in Fullerton. Bruner Rental Properties acquired the asset from KSP Real Estate Partners for $3.3 million. Mark Hintergardt and Phil Fridd of Lee & Associates represented the seller in the transaction.

The post Lee & Associates Orange Brokers Sale of 10,080 SF Industrial Building in Fullerton, California appeared first on REBusinessOnline.

Newmark Arranges Sale of Office, Retail Components at The Pointe at Polaris in Columbus

Kristin Harlow — Thu, 30 Apr 2026 13:45:21 +0000

COLUMBUS, OHIO — Newmark has arranged the sale and acquisition financing of the office and retail components of The Pointe at Polaris, a mixed-use asset located in the Polaris submarket of Columbus. DFWLAND purchased the property from a joint venture between VanTrust Real Estate and NP Limited Partnership. Positioned along Polaris Parkway, The Pointe at Polaris comprises 212,366 square feet of trophy office space and 33,071 square feet of retail space. The office portion is fully leased to tenants such as Bank of America, Fiserv, Power Home Remodeling and Employers Health, while the retail portion is fully leased to tenants such as Kitchen Social, Condado Tacos, Sweetwaters Coffee & Tea and Club Pilates. The property offers connectivity via I-71 and immediate proximity to Polaris Fashion Place, one of the region’s most prominent retail destinations. Derek Fohl, Jim Postweiler, Peter Harwood, Jack Trager and Jim Clark of Newmark represented VanTrust. Gary Carr of Newmark advised the buyer, while Ari Schwartzbard and Bill Weber of Newmark arranged the financing. Newmark’s Jake Paschen provided analytical support for the transaction.

The post Newmark Arranges Sale of Office, Retail Components at The Pointe at Polaris in Columbus appeared first on REBusinessOnline.

Reports: Walmart Acquires East Hartford Industrial Building for $212M

Taylor Williams — Thu, 30 Apr 2026 13:45:00 +0000

EAST HARTFORD, CONN. — An affiliate of Walmart has acquired an industrial building in East Hartford for approximately $212 million, according to reports from multiple local news outlets, including CT Insider and the Hartford Business Journal. The building is one of two within the 2.5 million-square-foot East Hartford Logistics & Technology Park, which was completed in 2024. The latter publication reports that the building was previously slated for use by Wayfair, but the Massachusetts-based furniture company “never fully occupied the space and later sought to sublease the building.” The seller was a joint venture between PGIM and National Development.

The post Reports: Walmart Acquires East Hartford Industrial Building for $212M appeared first on REBusinessOnline.

Woodmont Industrial Sells 54,113 SF Building in Woodbridge, New Jersey

Taylor Williams — Thu, 30 Apr 2026 13:35:00 +0000

WOODBRIDGE, N.J. — Local owner-operator Woodmont Industrial Properties has sold a 54,113-square-foot building in Woodbridge, about 25 miles south of New York City. Delivered in 2023, the building at 51 New Brunswick Ave. features a clear height of 32 feet, seven exterior dock doors, one drive-in door and 2,300 square feet of office space and was fully leased at the time of sale of R.A.S. Logistics. Brian Schulz, Steven Beyda and Kevin Welsh of Newmark brokered the deal. The buyer was Sagard Real Estate.

The post Woodmont Industrial Sells 54,113 SF Building in Woodbridge, New Jersey appeared first on REBusinessOnline.

Woodside Buys 200,155 SF Office Campus in Northwest Houston, Plans Renovations

Taylor Williams — Wed, 29 Apr 2026 14:17:49 +0000

HOUSTON — Woodside, a Texas-based real estate private equity firm, has purchased Saddlebrook Place, a four-building, 200,155-square-foot office campus in northwest Houston. Woodside plans to renovate the campus, which was previously known as Heron Lakes, by refreshing common areas and introducing move-in-ready spec suites. Woodside has also tapped Stream Realty Partners to lease Saddlebrook Place. The seller and sales price were not disclosed.

The post Woodside Buys 200,155 SF Office Campus in Northwest Houston, Plans Renovations appeared first on REBusinessOnline.

Marcus & Millichap Brokers Sale of 47,988 SF Retail Building in Northwest Houston

Taylor Williams — Wed, 29 Apr 2026 14:14:21 +0000

HOUSTON — Marcus & Millichap has brokered the sale of a 47,988-square-foot retail building in northwest Houston. The freestanding building, which was constructed on a 5.5-acre site at 7300 W. Greens Road in 1994 and renovated in 2018, was fully leased at the time of sale to 24 Hour Fitness. Scott Jones, Gus Lagos and Alex Wolansky of Marcus & Millichap represented the seller, a California-based investor, in the transaction and procured the buyer, a local investor that acquired the asset via a 1031 exchange.

The post Marcus & Millichap Brokers Sale of 47,988 SF Retail Building in Northwest Houston appeared first on REBusinessOnline.

PCA Properties Acquires 31,042 SF Industrial Space in Tucson

Amy Works — Wed, 29 Apr 2026 13:36:49 +0000

TUCSON, ARIZ. — PCA Properties LLC has acquired an industrial space, located at 5575 S. Houghton Road in Tucson, from L&M Family Ventures for $4.2 million. The property offers 31,042 square feet of industrial space. Stephen Cohen of Cushman & Wakefield | PICOR represented the seller, while Greg White of SRS Real Estate Partners – West represented the buyer.

The post PCA Properties Acquires 31,042 SF Industrial Space in Tucson appeared first on REBusinessOnline.

Marcus & Millichap Arranges Sale of 12,196 SF Mixed-Use Building in San Diego

Amy Works — Wed, 29 Apr 2026 13:35:56 +0000

SAN DIEGO — Marcus & Millichap has arranged the sale of La Mesa Mixed-Use, a mixed-use property in San Diego. Ross Sanchez and Nick Totah of Marcus & Millichap represented the seller and buyer in the deal. Located at 6760 University Ave., the 12,196-square-foot property features 13 suites with a mix of office and retail uses, 28 parking spaces, dual access points and high-visibility frontage. At the time of sale, the building was occupied by service-oriented tenants, including beauty, auto, legal and entertainment uses. The property was built in 1976.

The post Marcus & Millichap Arranges Sale of 12,196 SF Mixed-Use Building in San Diego appeared first on REBusinessOnline.

Progressive Real Estate Partners Brokers Sale of 11,720 SF Retail Center in Pomona, California

Amy Works — Wed, 29 Apr 2026 13:35:07 +0000

POMONA, CALIF. — Progressive Real Estate Partners has negotiated the sale of Valley Plaza, a multi-tenant retail property located at 2407 Valley Blvd. in Pomona. A private investor acquired the asset for $2.6 million from a private investor. Built in 1993, Valley Plaza offers 11,720 square feet of retail space. Current tenants include Panaderia Jaliscos & Maria Taco, Pomona Water & Ice, Pearl Dental Care and Curry Time. Trinnie Lee of Progressive Real Estate Partners represented the seller, while Mark Wilson of Channel Investment Group represented the buyer in the transaction.

The post Progressive Real Estate Partners Brokers Sale of 11,720 SF Retail Center in Pomona, California appeared first on REBusinessOnline.

HOK Acquires Detroit-Based Architecture Firm Rossetti

Kristin Harlow — Wed, 29 Apr 2026 13:32:40 +0000

DETROIT — HOK has acquired Rossetti, a Detroit-based architecture firm known for its sports venue design and renovation work. HOK says the merger strengthens its position as one of the world’s leading sports, recreation and entertainment design practices. The combined firm will operate as HOK + Rossetti. Led by Matt Rossetti, the Rossetti team will continue to operate from Detroit, a market where HOK has sought a physical presence and where Rossetti has operated for 57 years. Rossetti’s portfolio includes the Formula 1 Crypto.com Miami Grand Prix, the USTA Billie Jean King National Tennis Center and Detroit’s Ford Field, with a significant reimagination of USTA’s Arthur Ashe Stadium and Cosm Detroit currently underway. The combined HOK + Rossetti sports, recreation and entertainment practice will be led by directors Nate Appleman, Shannon Bartch, Amy Chase, John Rhodes, Matt Rossetti and Rashed Singaby. HOK, a global design, architecture, engineering and planning firm with 27 offices, designed Little Caesars Arena and the forthcoming home of Detroit City Football Club.

The post HOK Acquires Detroit-Based Architecture Firm Rossetti appeared first on REBusinessOnline.

Missner Group Purchases 58,236 SF Industrial Building in Aurora, Illinois

Kristin Harlow — Wed, 29 Apr 2026 13:30:47 +0000

AURORA, ILL. — The Missner Group has acquired 657 Wolverine Drive, a 58,236-square-foot industrial building in Aurora. Located on 5.5 acres, the multi-tenant property features a clear height of 18 feet, multiple drive-in doors and loading docks, heavy power and ample parking. Built in 1997, the asset also offers outside storage. Missner plans to implement a targeted value-add program, including tenant build-outs, renovation of existing office space and structural improvements. Two units are currently available for lease, representing a total of 25,267 square feet. Steve Connolly and Mark Moran of NAI Hiffman represented the undisclosed seller, while Andrew Maletich of Cawley CRE represented the buyer. Maletich and colleague Matt Garland have been retained as the leasing brokers.

The post Missner Group Purchases 58,236 SF Industrial Building in Aurora, Illinois appeared first on REBusinessOnline.

Partners Real Estate Brokers Sale of 10,350 SF Industrial Building in Humble, Texas

Taylor Williams — Tue, 28 Apr 2026 14:28:07 +0000

HUMBLE, TEXAS — Partners Real Estate has brokered the sale of a 10,350-square-foot industrial building in Humble, a northern suburb of Houston. According to LoopNet Inc., the freestanding building at 19742 Carver Ave. was completed in 2024 and features 18-foot clear heights. Wyatt Huff and Hunter Stockard of Partners represented the seller, Mulla Properties LLC, in the transaction. The buyer, an entity doing business as #1 Tires & Auto Hub, also plans to occupy the building.

The post Partners Real Estate Brokers Sale of 10,350 SF Industrial Building in Humble, Texas appeared first on REBusinessOnline.

Newmark Arranges $113.5M Sale of Two Boston Retail Properties

Taylor Williams — Tue, 28 Apr 2026 13:59:46 +0000

BOSTON — Newmark has arranged the $113.5 million sale of two retail properties in Boston’s Back Bay neighborhood. The properties are located at 4-6 and 28 Newbury St. and were custom-designed to house flagship stores of luxury retailers Chanel and Cartier, respectively. The Chanel store spans 10,328 square feet across two stories, and the Cartier store totals 18,942 square feet. Robert Griffin, Geoffrey Millerd and Paul Penman of Newmark represented the seller, ASG Equities, in the transaction. The team also procured the buyer, a joint venture between Acadia Realty Trust and Osiris Ventures. Alex Foshay, Victoria Radman, Casey O’Brien and Christian Reenstierna, also with Newmark, provided support on the deal.

The post Newmark Arranges $113.5M Sale of Two Boston Retail Properties appeared first on REBusinessOnline.

JLL Brokers Sale of 641,631 SF Industrial Portfolio in Hartford County, Connecticut

Taylor Williams — Tue, 28 Apr 2026 13:43:46 +0000

HARTFORD COUNTY, CONN. — JLL has brokered the sale of the New England Tradeport Shallow Bay Portfolio, a collection of nine industrial buildings totaling 641,631 square feet in Hartford County. The portfolio features an average building size of 71,292 square feet, average vintage of 1997 and an average clear height of 25 feet. John Huguenard, Michael Restivo, David Coffman, Tommy Hovey and Shawn McMahon of JLL represented the seller, INDUS Realty Trust, in the transaction. The buyer and sales price were not disclosed. The portfolio was 98 percent leased to 19 tenants at the time of sale.

The post JLL Brokers Sale of 641,631 SF Industrial Portfolio in Hartford County, Connecticut appeared first on REBusinessOnline.

Provident Industrial Acquires 2.5 MSF Portfolio in Metro Memphis

John Nelson — Tue, 28 Apr 2026 13:16:39 +0000

MEMPHIS, TENN. — Provident Industrial, a division of Dallas-based Provident, has acquired a 13-property industrial portfolio across the Memphis area totaling more than 2.5 million square feet. Case Van Lare and Christopher Martin led the Provident Industrial team in the transaction. The firm plans to hold the portfolio as a long-term investment opportunity. The seller and sales price were not disclosed, but the Memphis Business Journal reports that the seller was Blackstone Real Estate Income Trust Inc. and that 11 assets within Shelby County, Tenn., sold for $115 million. The outlet also reports that Provident Industrial purchased 33.7 acres in DeSoto County, Miss. Tenants within the portfolio include The Home Depot, UPS, Northstar and GXO, according to Memphis Business Journal.

The post Provident Industrial Acquires 2.5 MSF Portfolio in Metro Memphis appeared first on REBusinessOnline.

Ballast Acquires Three Multifamily Buildings in San Francisco for $48.5M

Amy Works — Tue, 28 Apr 2026 13:15:06 +0000

SAN FRANCISCO — Ballast has purchased three historic multifamily buildings in San Francisco for $48.5 million. Collectively known as the Three Sisters, the properties are located along the Van Ness corridor and the border of the Pacific Heights neighborhood. The thee adjacent six-story buildings offer a total of 110 units in a mix of studio, one- and two-bedroom layouts, along with two ground-floor commercial retail spaces. At the time of sale, the Three Sisters portfolio was 97 percent occupied. Built in 1928, the portfolio features richly preserved architectural detailing, grand lobby space, elevator service, laundry facilities, access to a large shared courtyard and proximity to Polk Street restaurants, shopping, public transportation, Lafayette Park and Alta Plaza Park.

The post Ballast Acquires Three Multifamily Buildings in San Francisco for $48.5M appeared first on REBusinessOnline.