Friday, November 6, 2026
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Acquisitions

AcquisitionsGeorgiaMultifamilySoutheast

CBRE Investment Management Provides $85.3M Acquisition Loan for Multifamily Community in Metro Atlanta

by John Nelson

DORAVILLE, GA. — A fund sponsored by CBRE Investment Management closed on an $85.3 million mortgage loan to finance Atlanta-based Carroll’s acquisition of the 592-unit Arium Winters Chapel apartment community in the Atlanta suburb of Doraville. The floating-rate loan has an initial term of three years with a two-year extension option. The loan features future funding to finance the sponsor’s business plan. Robert Kadoori of CBRE’s Debt & Structured Finance team in Atlanta arranged the loan on behalf of Carroll. Formerly known as Jasmine at Winters Chapel, Arium Winters Chapel is a garden-style property located at 4335 Winters Chapel Road and offers one-, two- and three-bedroom floor plans. Units feature hardwood-style flooring, resurfaced cabinets, private balconies, tile backsplashes and washer/dryers in select units. Community amenities include a fitness center, two swimming pools, soccer field, picnic and grilling areas, two dog parks, playground, clubhouse, business center and controlled gated access.

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801-S-16th-St-Phoenix-AZ
AcquisitionsArizonaIndustrialWestern

Sealy & Co. Acquires 85,259 SF Sky Harbor Center Industrial Property in Phoenix

by Amy Works

PHOENIX — Sealy & Co. has purchased Sky Harbor Center, a Class A industrial building located at 801 S. 16th St. in Phoenix. An affiliate of Cohen Asset Management sold the asset for an undisclosed price. The 85,259-square-foot property is situated on 7.5 acres within the Sky Harbor Airport submarket and was fully leased to two tenants at the time of sale. Will Strong, Greer Oliver, Kirk Kuller and Connor Nebeker-Hay of Cushman & Wakefield represented the seller in the transaction. Cooper Fratt, John Werstler and Tanner Ferrandi of Cushman & Wakefield provide leasing advisory services for the property.

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11193-Emerald-St-Boise-ID
AcquisitionsIdahoIndustrialWestern

Cushman & Wakefield Brokers $17.7M Sale of Industrial Facility in Boise

by Amy Works

BOISE, IDAHO — Cushman & Wakefield has arranged the sale of a newly renovated industrial facility situated on more than 3 acres in Boise. An undisclosed buyer acquired the asset from an entity doing business as Emerald Town LLC for $17.7 million. Located at 11193 Emerald St., the 77,962-square-foot property was fully leased to four tenants at the time of sale. The property features five roll doors, an insulated roof, upgraded office and restroom space, upgraded freezer/cooler space, resurfaced and restriped parking lot and revamped dock door systems. Jennifer McEntee, Bree Wells and D.J. Thompson of Cushman & Wakefield represented the seller in the deal.

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AcquisitionsMultifamilyWashingtonWestern

MJW Investments Buys 56-Unit Apartment Building in Vancouver, Washington

by Amy Works

VANCOUVER, WASH. — Los Angeles-based MJW Investments has acquired Avenue 66, a multifamily community in Vancouver, in an off-market transaction. The seller and sales price were not released. Built in 2016, the garden-style property features 56 apartments in a mix of one- and two-bedroom floor plans. The average unit size is 840 square feet. MJW Investments plans to make light improvements to unit interiors, clubhouse and other common areas. Affinity Property Management will oversee operations and the renovation of the property. Banc of California provided acquisition financing.

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AcquisitionsMassachusettsNortheastRetailRhode Island

Wilder, TA Realty Acquire Shopping Center Portfolio in Massachusetts, Rhode Island, for $390M

by Taylor Williams

BOSTON — A partnership between two Boston-based firms, Wilder Cos. and TA Realty, has acquired a portfolio of nine grocery-anchored shopping centers totaling 729,437 square feet for $390 million. Eight of the properties are located in Massachusetts, and one is located in Rhode Island. At the time of sale, the portfolio was 95 percent leased, with grocers such as Whole Foods Market, Shaw’s, Star Market and Dave’s Fresh Marketplace serving as anchor tenants. Robert Griffin, Geoffrey Millerd, Jonathan Martin, Paul Penman and Mathew Adler of Newmark represented the undisclosed seller and procured the buyer in the transaction. Richard Ruggerio of Newmark assisted in closing the deal as the local broker of record.

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AcquisitionsKansasMidwestMultifamily

Sentinel Acquires 404-Unit Apartment Complex in Overland Park, Kansas

by Kristin Harlow

OVERLAND PARK, KAN. — Sentinel Real Estate Corp. has acquired Lexington Farms Apartments in the Kansas City suburb of Overland Park. The 404-unit, garden-style apartment complex was originally constructed in 1997. Units average 972 square feet. Two-thirds of the units were recently updated, and Sentinel intends to renovate the remaining units. Amenities include a lounge area, coffee bar, two pools, tennis court, fitness center, dog park and barbecue area. The seller and sales price were not provided.

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AcquisitionsIndustrialMidwestOhio

SRS Brokers $10.3M Sale of Single-Tenant Industrial Facility in Cincinnati

by Kristin Harlow

CINCINNATI — SRS Real Estate Partners has brokered the sale of a 93,000-square-foot industrial facility occupied by Frisch’s Commissary Kitchen in Cincinnati for $10.3 million. Located at 3011 Stanton Ave., the property also includes an onsite research and development department that is utilized for the restaurant chain’s brand innovation. There are more than 13 years remaining on the triple net lease. Matthew Mousavi and Patrick Luther of SRS represented the seller, a Southeast-based family partnership. Jeff Bracco of The Kase Group represented the buyer, a partnership based in the San Francisco Bay area. Frisch’s operates more than 177 restaurants.

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AcquisitionsIllinoisMidwestRetail

Hanley Investment Group Arranges Sales of Three Retail Properties in Suburban Chicago for $10M

by Kristin Harlow

PLANO, WAUKEGAN AND NEW LENOX, ILL. — Hanley Investment Group Real Estate Advisors has arranged the sales of three retail properties in suburban Chicago for roughly $10 million. In the first transaction, Lakewood Springs Commons in Plano sold for $3 million. The 26,300-square-foot center was built in 2007. Dylan Mallory, Jeff Lefko and Bill Asher of Hanley, in association with ParaSell Inc., represented the seller, a private investment group based in Chicago. Greg Cline of The Cline Co. represented the buyer, a New Jersey-based private investor. Cedar Center in New Lenox sold for $3.4 million. The 22,370-square-foot property was built in 2007. The Hanley team represented the seller, a Chicago-based private investment group. David Cendejas of SVN Vanuard represented the buyer, a Los Angeles-based private investor. In the final transaction, Bay Ridge Court in Waukegan sold for $3.6 million. Built in 1991 and remodeled in 2020, the property spans 27,687 square feet. Lefko and Asher represented the seller, Fortune Bank. Douglas Cole of Marcus & Millichap represented the buyer, a Los Angeles-based private investor.

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AcquisitionsHealthcareNortheastPennsylvania

Colliers Negotiates $14M Sale of Medical Office Building Near Pittsburgh

by Taylor Williams

PLEASANT HILLS, PA. — Colliers has negotiated the $14 million sale of a 33,172-square-foot medical office building in Pleasant Hills, a southern suburb of Pittsburgh. Gregg Broujos and Kim Kretowicz of Colliers represented the undisclosed seller and the buyer, Tampa-based Sila Realty Trust, in the transaction. At the time of sale, the building was fully leased to tenants such as Jefferson Hospital / Allegheny Health Network, Kids Plus Pediatrics, Miracle Dental Associates and Vision Care Associates-Eye Care Specialties of Pennsylvania.

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AcquisitionsIllinoisMidwestRetail

Newcastle Properties Acquires Boardwalk Plaza Retail Center in Skokie, Illinois

by Kristin Harlow

SKOKIE, ILL. — Newcastle Properties has acquired the 14,856-square-foot Boardwalk Plaza retail center in Skokie. Located at the intersection of Dempster Street and Keeler Avenue across from the Evanston Country Club, the property is home to Starbucks, SAS Comfort Shoes, Devonshire Montessori School and Albert Memi Salon. The seller and sales price were not provided. Newcastle owns and operates 82 properties in 23 states with a focus on the retail, multifamily, hospitality and office sectors.

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