Acquisitions

Shops-at-Evergreen-Walk-South-Windsor-Connecticut

CBRE Negotiates $98.2M Sale of Shops at Evergreen Walk in South Windsor, Connecticut

by Taylor Williams January 20, 2026

SOUTH WINDSOR, CONN. — CBRE has negotiated the $98.2 million sale of The Shops at Evergreen Walk, a 357,742-square-foot retail power center located outside of Hartford in South Windsor. A newly opened Whole Foods Market anchors the center, which is located within a larger master-planned development. Other tenants include L.L. Bean, Apple, Anthropologie, Pottery Barn, Williams-Sonoma, lululemon, Golf Lounge 18, J.Crew Factory, Gap Factory, Nike and Bluemercury. Nat Heald led the CBRE team that represented the seller, PGIM Real Estate, in the transaction. Scott Aiese led a JLL team that arranged a $76.9 million acquisition loan through an unnamed international bank on behalf of the buyer, a joint venture between Brand Street Properties and Barings. Chris Angelone and Zach Nitsche, also with JLL, structured the joint venture equity investment.

January 20, 2026

Acquisitions Arizona Retail Western

Hanley Investment Real Estate Advisors Arranges $23M Sale of Mountain Ranch Marketplace in Goodyear, Arizona

by Amy Works January 20, 2026

GOODYEAR, ARIZ. — Hanley Investment Real Estate Advisors has arranged the $23 million sale of Mountain Ranch Marketplace, a 49,683-square-foot shopping center located in Goodyear, approximately 19 miles west of Phoenix. Originally built in 2009 on 12.4 acres, Mountain Ranch Marketplace was 94.6 percent occupied at the time of sale to tenants such as AutoZone, Starbucks, Papa John’s Pizza, Subway, Leslie’s Pool Supplies, Verizon, Edward Jones, North Star Animal Hospital, Oasis Bagels, T&T Martial Arts Academy and Great Clips. Tenants not included in the sale are Safeway, McDonald’s, Taco Bell, Walgreens and Chase Bank. Bill Asher, Jeremy McChesney and Lee Csenar of Hanley represented the buyer, Bershon Realty Co., in the transaction. Ryan Schubert, Michael Hackett and Zach Aulick of CBRE represented the seller and developer, Kitchell Development Co.

January 20, 2026

Acquisitions California Office Western

Newmark Brokers Sale of 82,025 SF Office Building in Pasadena, California

by Amy Works January 20, 2026

PASADENA, CALIF. — Newmark has negotiated the sale of The Chamber of Commerce Building, an office property located at 117 E. Colorado Blvd. in Pasadena. A partnership led by Pasadena-based investor Pete Klutzier and his company, Edgewood Realty Partners, acquired the asset for an undisclosed price. Built in 1904 in the tradition of Beaux-Arts architecture, The Chamber of Commerce Building offers 82,025 square feet of 84 percent leased office space and an adjacent standalone parking structure at 48 N. Raymond Ave. The building has undergone significant upgrades over the years and caters to the needs of small- to mid-sized tenants. Kevin Shannon, Rob Hannan, Ken White, Laura Stumm and Michael Moll of Newmark represented the undisclosed seller in the deal.

January 20, 2026

Acquisitions Arizona Retail Western

Tucson Newcrest Buys 62,750 SF Retail Space at Eastpoint Marketplace in Tucson, Arizona

by Amy Works January 20, 2026

TUCSON, ARIZ. — Tucson Newcrest has acquired 62,750 square feet of retail space at Eastpoint Marketplace, located at 6964-6970 E. 22nd St. in Tucson. Eastpoint Kolb Additional Investors LLC, JRSL LLC, Union Financial Management Services and JDW CAT 10 sold the asset for $12.8 million. Rob Tomlinson of Cushman & Wakefield | PICOR represented the buyer and seller in the deal.

January 20, 2026

Acquisitions Midwest Minnesota Multifamily

PCCP, RPM Living Acquire 204-Unit Multifamily Property in Lakeville, Minnesota

by Kristin Harlow January 20, 2026

LAKEVILLE, MINN. — A joint venture between PCCP and RPM Living has acquired Livery Modern Apartments, a 204-unit community in Lakeville, about 22 miles south of the Minneapolis central business district. Built in 2023, the property features 22 two-story buildings with a mix of floor plans that range from 868 to 1,505 square feet. Amenities include a pool, fitness center, pet park and bike repair station. The seller and sales price were undisclosed.

January 20, 2026

Acquisitions Indiana Industrial Midwest Wisconsin

Colliers Arranges Sale-Leaseback of 290,000 SF Industrial Portfolio in Wisconsin, Indiana

by Kristin Harlow January 20, 2026

NEW BERLIN, WIS. AND VALPARAISO, IND. — Colliers has arranged the sale-leaseback of an approximately 290,000-square-foot industrial portfolio for tenant Dynatect Manufacturing Inc., a provider of engineered equipment protection and safety solutions. The portfolio comprises two facilities in New Berlin, Wis., and an additional property in Valparaiso, Ind., within the Chicago metro area. New Berlin-based Dynatect executed a long-term lease across all three properties. Tom Shepherd, John Kardelis and Jennifer Huber-Bullock of Colliers represented Dynatect as its exclusive real estate advisor. CIM Group was the buyer.

January 20, 2026

Acquisitions Illinois Midwest Multifamily

SVN Chicago Brokers $4M Sale of Apartment Building in Bronzeville Neighborhood

by Kristin Harlow January 20, 2026

CHICAGO — SVN Chicago Commercial has brokered the sale of a 21-unit apartment building located at 4201 S. Michigan Ave. in Chicago’s Bronzeville neighborhood. The asset sold for $4 million through a debt assumption structure. Joe Connelly of SVN Chicago represented both parties in the sale. The property features 15 two-bedroom units and six three-bedroom residences.

January 20, 2026

Acquisitions Office Texas

Real Capital Solutions Acquires Office Building in North Dallas for $26.1M

by Taylor Williams January 19, 2026

DALLAS — Colorado-based investment firm Real Capital Solutions (RCS) has acquired Walnut Glen, a 464,289-square-foot office building in North Dallas, for $26.1 million. The 18-story building, which is situated along the North Central Expressway, was roughly 74 percent leased at the time of sale. RCS plans to upgrade the building’s lobby, fitness center and conference center and introduce move-in-ready office suites. Jonathan Napper of JLL brokered the deal. The seller was not disclosed. RCS has also hired Cushman & Wakefield as the leasing agent.

January 19, 2026

Acquisitions Multifamily Texas

TMG Negotiates Sale of 386-Unit Apartment Community in Northeast Dallas

by Taylor Williams January 19, 2026

DALLAS —Locally based brokerage firm The Multifamily Group (TMG) has negotiated the sale of The Lake Lofts, a 386-unit apartment community in northeast Dallas. Built between 1965 and 1969, the property offers studio, one-, two- and three-bedroom units and amenities such as two pools, two children’s play areas, a soccer field, picnic stations and a dog run. Guillermo Gameros of TMG represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

January 19, 2026

Acquisitions New York Northeast Retail

CBRE Negotiates $76.5M Sale of Shopping Center in Chappaqua, New York

by Taylor Williams January 19, 2026

CHAPPAQUA, N.Y. — CBRE has negotiated the $76.5 million sale of Chappaqua Crossing, a 120,986-square-foot shopping center located in New York’s Westchester County that is part of the redevelopment of the 114-acre former Reader’s Digest headquarters campus. Tenants at the center include anchors Whole Foods Market and Life Time Fitness, as well as Starbucks and Chase Bank. Jeffrey Dunne, David Gavin and Travis Langer of CBRE represented the seller, Heitman, in the transaction and procured Barings as the buyer.

January 19, 2026

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