MIDLOTHIAN, TEXAS — Dallas-based brokerage firm Summit RE has negotiated the sale of Harvest Hill Town Center II, a 14,895-square-foot retail strip center located in the southern Dallas suburb of Midlothian. Tenants at the center include T-Mobile and Club Pilates. Hudson Lambert and Jack Hicks of Summit RE represented the undisclosed seller in the transaction. The name and representative of the buyer, as well as the sales price, were also not disclosed.
HOUSTON — Marcus & Millichap has brokered the sale of a 14,000-square-foot medical office building in West Houston. The building at 19304 Katy Freeway was constructed in 2024 and was roughly 40 percent leased at the time of sale to Excel Urgent Care. The undisclosed buyer plans to occupy the remainder of the space. Joseph Jaques, Alex Wolansky, Ron Hebert and Gus Lagos of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
AUSTIN, TEXAS — Newmark has arranged the sale of a portfolio of three multifamily properties totaling 1,027 units in North Austin. The portfolio comprises The Enclave at La Frontera (411 units), Lakeside at La Frontera (366 units) and Legends Lake Creek (250 units). The properties were all built in the early 2000s and have an average unit size of 936 square feet. Amenities include pools, outdoor grilling areas, resident lounges, fitness studios and pet-friendly facilities. Patton Jones and Andrew Dickson of Newmark represented the seller, San Antonio-based owner-operator LYND, in the transaction. Tip Strickland and David Schwarz, also with Newmark, arranged acquisition financing on behalf of the buyer, Knightvest Capital.
DENVER — Marcus & Millichap has brokered the sale of Wabash Marketplace, a shopping center in Denver’s Cherry Creek neighborhood. An entity doing business as Wabash Retail LLC sold the property for $8.5 million, or $243 per square foot. Located at 8400 E. Iliff Ave., Wabash Marketplace features 34,846 square feet of space that is leased to a mix of local and service-oriented tenants, including restaurants, a coffee shop, fitness and beauty business and a home décor retailer. The property was built in 1983 on 2.1 acres. Cory Gross of Marcus & Millichap represented the seller and sourced the buyer, a private investor who was completing a 1031 exchange, in the off-market transaction.
WICHITA, KAN. — Northmarq has brokered the sale of Union Mill, a 301-unit luxury multifamily property in Wichita. Benjamin Davis, Jeff Lamott and Casey Wilhm of Northmarq represented the seller, TLC Properties. The buyer was UM Apts LLC. Built in 2023 and 2024, Union Mill is comprised of 11 buildings with studio, one-, two- and three-bedroom floor plans. The property is currently 91 percent leased. Amenities include a heated saltwater pool, pickleball court, mini putting course, golf simulator, fitness center, dog park, electric vehicle charging stations, covered parking and a bodega convenience store. The deal marks the largest multifamily sale in Wichita history, according to Northmarq.
WAUWATOSA, WIS. — Hunter Advisors has negotiated the sale of the Renaissance Milwaukee West Hotel, a 196-room property in Wauwatosa, about 10 miles west of downtown Milwaukee. Spencer Davidson of Hunter brokered the transaction. Chicago-based Witness Investment was the buyer. Built in 2020 and located at 2300 N. Mayfair Road, the 12-story hotel sits adjacent to Mayfair Mall. The property features 9,864 square feet of flexible meeting and event space, the ELDR+RIME Restaurant, the Silhouette Lobby Lounge and a 12th-floor fitness center.
FAIRFAX, VA. — Fairfax-based Aggregate Real Estate Investors has purchased an 11-building retail and industrial portfolio in Northern Virginia from Clarke-Hook Corp. for $58 million. The portfolio comprises:
NASHUA, N.H. — Regional brokerage firm Atlantic Capital Partners (ACP) has negotiated the $22.5 million sale of a 44,538-square-foot retail building in Nashua, located in southern New Hampshire, that is leased to Whole Foods Market. Opened in late 2024, the grocery store is located within a larger shopping center known as Webster Square that is also home to tenants such as TJ Maxx, Michaels, Dollar Tree, Five Below, Ulta Beauty and Guitar Center. Justin Smith, Chris Peterson, Danielle Turpin and Matt Ericson of ACP represented the undisclosed seller in the transaction. The name and representative of the buyer were also not disclosed.
ALBANY, N.Y. — Regional brokerage Adirondack Capital Partners (ACP) has arranged the $10.1 million sale of Omni Plaza, a 415,000-square-foot office complex in Albany. Located in the state capital’s downtown area, Omni Plaza consists of two interconnected buildings that total 236,000 and 179,000 square feet, respectively. Michael Hunter Coghill and Jacob Brenner of Adirondack Capital Partners represented the seller, Omni Development, in the transaction, and procured the buyer, Jankow Cos. The new ownership plans to invest in capital improvements to the larger building at 30 S. Pearl St. and to convert the other building at 54 State St. into a 120-unit apartment complex.
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American Healthcare REIT Acquires Eight Seniors Housing Communities for $696M
IRVINE, CALIF. — American Healthcare REIT Inc. (NYSE: AHR) has acquired eight senior housing communities in six states for $696 million. The properties, which collectively comprise 867 units and were built between 2020 and 2022, are located in Massachusetts, Connecticut, New Jersey, Pennsylvania, Delaware and Georgia. Newmark acted as AHR’s real estate advisor for the transaction. While there were multiple sellers, all eight properties were marketed together. AHR purchased 10 communities all together but assigned the purchase and sale agreements of two properties to another institutional investor. “This series of transactions is an example of disciplined capital allocation supported by strong execution,” says Jeff Hanson, chairman and CEO of AHR. “We understood that only a solution for all 10 communities would clear the market. Rather than either walking away from a highly strategic opportunity or compromising our capital allocation discipline to secure it, we constructed a solution that required neither.” The purchase gives the Irvine-based company a larger presence in the Northeastern seniors housing market. The Northeast properties in the portfolio are located primarily in wealthy suburban markets such as Philadelphia’s Main Line, Westport, Conn., and suburban Boston. AHR is strengthening this newfound foothold via a new operating relationship with Massachusetts-based LCB …