Acquisitions

Berkadia Negotiates Sale of 20-Story High-Rise Apartment Tower in Arlington, Virginia

by John Nelson July 9, 2026

ARLINGTON, VA. — Berkadia has negotiated the sale of The Commodore, a 20-story high-rise apartment tower located at 2055 15th St. N in Arlington. GID purchased the community for an undisclosed price. Brian Crivella, Yalda Ghamarian, Bill Gribbin and Jack Canepa of Berkadia represented the seller, Charleston-based Greystar, in the transaction. Built in 2023 in Arlington’s Court House neighborhood, The Commodore features 423 luxury apartments and 18,461 square feet of ground-level retail space. Units come in studio, junior one-bedroom, one-bedroom, junior two-bedroom, two-bedroom, two-bedroom den and penthouse layouts. Amenities include a clubroom, demonstration kitchen, coworking spaces, fitness center and yoga studio, children’s art studio, pet spa, resort-style pool, rooftop terrace, landscaped courtyards and multiple indoor-outdoor gathering spaces.

July 9, 2026

Acquisitions Mississippi Retail Southeast

Marcus & Millichap Brokers Sale of 99,097 SF Shopping Center in Grenada, Mississippi

by John Nelson July 9, 2026

GRENADA, MISS. — Marcus & Millichap has brokered the sale of Riverbirch Plaza, a 99,097-square-foot shopping center located at 1201-1231 Sunset Drive in Grenada, which is roughly midway between Jackson, Miss., and Memphis via I-55. Built in 1976, the shopping center is situated on 9.5 acres and was fully leased at the time of sale to 11 tenants, including Harbor Freight, Dollar General and The UPS Store. Mickey Davis, Chris Leppanen and Davis Owen of Marcus & Millichap represented the seller, Action Properties, which has owned Riverbirch Plaza for the past 12 years. Davis, who is Marcus & Millichap’s broker of record in Mississippi, also procured the locally based buyer, Delta Farms LLC.

July 9, 2026

Acquisitions California Multifamily Western

Eagle Real Estate, Vistria Group Acquire 402-Unit Apartment Community in Garden Grove, California

by Amy Works July 9, 2026

GARDEN GROVE, CALIF. — Eagle Real Estate Partners and The Vistria Group have acquired Crystal View Apartments, a 402-unit mixed-income workforce housing community in Garden Grove. An undisclosed seller sold the asset for $132.5 million. Through the acquisition, Eagle and Vistria plan to extend affordability for 20 percent of the community’s units restricted to households earning up to 50 percent of area median income (AMI) and establish new long-term affordability restrictions for an additional 30 percent of units at 80 percent of AMI. Crystal View Apartments features garden-style units, 555 parking spaces, onsite resident services, a resort-style pool, fitness center and a sports complex. The property was built in 1968 and renovated in 2012. Geoff Boler and Jonathan Merhaut of Newmark handled the transaction.

July 9, 2026

Acquisitions California Industrial Office Western

CBRE Negotiates $45M Sale of Industrial Corporate Headquarters Facility in Carlsbad, California

by Amy Works July 9, 2026

CARLSBAD, CALIF. — CBRE has negotiated the $45 million sale of 2081 Faraday Avenue, an industrial corporate headquarters facility in Carlsbad. Majestic Asset Management acquired the property, which was fully leased at the time of sale, from an undisclosed investment and management company. Hunter Rowe, Barbara Perrier, Michael Longo and Matt Carlson of CBRE represented the seller in the deal. Val Achtemeier of CBRE Capital Markets Debt & Structured Finance secured financing for the buyer. Built in 1997, the 157,973-square-foot facility has undergone significant capital and tenant improvements, including “high-end” interior finishes and upgraded amenities designed to support corporate headquarters operations. Situated on 9 acres, the facility features a stadium-style LED video board, an outdoor sport court, 26-foot clear heights, heavy power and dock-high and grade-level loading.

July 9, 2026

Acquisitions California Restaurant Retail Western

Marcus & Millichap Arranges $5.1M Sale of Single-Tenant Restaurant Property Near Los Angeles

by Amy Works July 9, 2026

WOODLAND HILLS, CALIF. — Marcus & Millichap has arranged the $5.1 million sale of a single-tenant restaurant building located approximately 26 miles northwest of downtown Los Angeles in Woodland Hills. Built in 1978, the 10,000-square-foot building is leased to full-service Mexican restaurant El Torito. Brandon Michaels of Marcus & Millichap marketed the property on behalf of the seller, an entity doing business as Kia Canoga Warner LLC, and procured the buyer, an undisclosed private investor.

July 9, 2026

Acquisitions Multifamily Texas

MG Properties Buys 458-Unit Apartment Community in Richardson, Texas

by Taylor Williams July 8, 2026

RICHARDSON, TEXAS — MG Properties has purchased Reserve at Spring Creek, a 458-unit apartment community located in the northeastern Dallas suburb of Richardson. Built on 17 acres in 2019, the property offers one-, two- and three-bedroom units with an average size of 921 square feet and amenities such as a pool, fitness center, outdoor grilling and dining stations, coworking lounge, coffee bar and a social lounge. Joey Tumminello, Drew Kile, Michael Ware, Taylor Hill and Jack Windham of Institutional Property Advisors (IPA) a division of Marcus & Millichap, represented the seller, , an affiliate of Lone Star Funds, in the transaction. Cameron Chalfant, Brian Eisendrath, Harry Krieger and Scott Arenzon, also with IPA, arranged an undisclosed amount of agency acquisition financing for the deal.

July 8, 2026

Acquisitions Industrial Texas

Realterm Acquires 24-Acre Industrial Outdoor Storage Facility in Hutchins, Texas

by Taylor Williams July 8, 2026

HUTCHINS, TEXAS — Realterm, an independent global investment manager focused on the transportation industry, has acquired a 24-acre industrial outdoor storage (IOS) facility in Hutchins, a southeastern suburb of Dallas. The facility at 1096 S. I-45 Service Road houses three buildings: a 24,200-square-foot maintenance facility, a 12,000-square-foot, grade-level warehouse and maintenance facility and a 7,600-square-foot office building. The buildings feature 23 drive-in doors, nine drive-through maintenance bays and one wash bay. The seller and sales price were not disclosed.

July 8, 2026

Acquisitions Industrial Lee & Associates Texas

Lee & Associates Arranges Sale of 113,904 SF Industrial Building in Lewisville, Texas

by Taylor Williams July 8, 2026

LEWISVILLE, TEXAS — Lee & Associates has negotiated the sale of a 113,904-square-foot industrial building in the northern Dallas suburb of Lewisville. Andes Coil Processes occupies the building at 202 S. Railroad St., which according to LoopNet Inc. was constructed in 1983 and features 35-foot clear heights. Tomas Wilson and Alex Wilson of Lee & Associates represented the buyer, Bleecker Partners, in the transaction. Todd Hubbard of NAI Robert Lynn represented the undisclosed seller.

July 8, 2026

Acquisitions Industrial Texas

Colliers Brokers Sale of 24,500 SF Industrial Building in Stafford, Texas

by Taylor Williams July 8, 2026

STAFFORD, TEXAS — Colliers has brokered the sale of an industrial building located at 13715 N. Promenade Blvd.in Stafford, a southwestern suburb of Houston. According to LoopNet Inc., the building, which totals 24,500 square feet, was originally constructed in 2006 and renovated in 2023. Jason Tangen of Colliers represented the undisclosed seller in the transaction.

July 8, 2026

Acquisitions New Jersey Northeast Office

RCS, Lamar Acquire 368,049 SF Office Building in Jersey City

by Taylor Williams July 8, 2026

JERSEY CITY, N.J. — A partnership between Real Capital Solutions (RCS) and Lamar Cos. has acquired 30 Montgomery, a 368,049-square-foot office building in Jersey City. The 16-story waterfront building was 61 percent leased at the time of sale to tenants such as Bluevine Capital, Wayste (Sourgum), Asset Based Lending and Outcomes Matter Innovations. The building has also received $30 million in recent capital improvements, including upgrades to the lobby, façade, building systems and common areas. The seller and sales price were not disclosed.

July 8, 2026

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