Tuesday, June 2, 2026
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Acquisitions

1610-1630-Kleppe-Lane-Sparks-NV
AcquisitionsIndustrialNevadaWestern

DCG Arranges $5.4M Sale of Industrial Portfolio in Sparks, Nevada

by Amy Works

SPARKS, NEV. — DCG has arranged the sale of an industrial portfolio located at 1610 and 1630 Kleppe Lane in Sparks. An undisclosed buyer acquired the portfolio for $5.4 million. Situated in the Sparks industrial submarket, the two-building asset also included an adjacent three-acre yard for a total of six acres of occupied space. At the time of sale, the property was fully occupied by Herc Rentals, Vertical Iron Works and Drake Anthony Co. Joel Fountain, Baker Krukow, Nick Knecht and Tom Fennell of DCG represented the seller, Community Foundation, in the deal.

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24820-Avenue-Tibbitts-Valencia-CA
AcquisitionsCaliforniaIndustrialWestern

Delta Capital Acquires Industrial Building in Valencia, California for $3.1M

by Amy Works

VALENCIA, CALIF. — Delta Capital LLC has purchased a warehouse building located at 24820 Avenue Tibbitts in Valencia. An undisclosed seller sold the asset for $3.1 million. Situated on a 31,146-square-foot parcel, the 13,045-square-foot building was built in 1987. The property features two drive-in/grade-level doors, ample power and 17-foor clear heights. At the time of sale, the property was fully leased. The buyer plans to hold the asset as an investment property. Yair Haimoff of Spectrum Commercial Real Estate represented the buyer in the transaction.

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AcquisitionsIllinoisMidwestOffice

Clear Height Properties, Buligo Capital Sell 173,017 SF Office Building in Suburban Chicago

by Kristin Harlow

OAK BROOK, ILL. — Clear Height Properties and its joint venture partner Buligo Capital Partners have sold 814 Commerce, a 173,017-square-foot office building in the Chicago suburb of Oak Brook. The sales price was undisclosed. The three-story property sold to Chicago-based real estate investor Helios Properties. Since acquiring the asset in 2019, Clear Height invested $1.5 million to upgrade the building’s exterior, common areas, parking deck and HVAC systems. The building is 56 percent leased to Innovista Health Solutions, IRC Retail Centers and CPS. Dan Deuter, Michael Simpson and Paul Lundstedt of Cushman & Wakefield represented the sellers.

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AcquisitionsIndianaMidwestRetail

Newmark Brokers Sale of Indiana Retail Portfolio for $10.5M

by Kristin Harlow

INDIANA — Newmark has brokered the sale of a four-property retail portfolio in Indiana for approximately $10.5 million. The portfolio includes a Starbucks, Dollar Tree and two CVS properties for a total of 34,814 square feet. Specific addresses and cities were not provided. Matt Berres, Samer Khalil and Jenna Barnett of Newmark represented the seller, a private developer. The team also procured the buyer, a REIT.

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AcquisitionsKansasMidwestRestaurantRetail

Quantum Arranges $2.5M Sale of Wendy’s-Occupied Property in Salina, Kansas

by Kristin Harlow

SALINA, KAN. — Quantum Real Estate Advisors Inc. has arranged the $2.5 million sale of a single-tenant retail property net leased to Wendy’s in the central Kansas town of Salina. The 2,967-square-foot building is located at 1940 S. Ohio St. Jason Caplan of Quantum represented the Chicago-based buyer. Matthew Mousavi of SRS Real Estate represented the seller, a real estate investment and operating company based in California.

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Park-Lane-Apartments-Arlington
AcquisitionsMultifamilyTexas

CBRE Negotiates Sale of Three Multifamily Properties Totaling 466 Units in Metro Dallas

by Taylor Williams

ARLINGTON AND CEDAR HILL, TEXAS — CBRE has negotiated the sale of three multifamily properties totaling 466 units in the Dallas area. The 186-unit Biltmore Apartments and the 248-unit Park Lane Apartments are located in Arlington, and the 32-unit Cedars Apartments is located in the southern suburb of Cedar Hill. Chris Deuillet and William Hubbard of CBRE represented the seller, Macdonald Realty, in the transaction. A partnership between Legacy REI and Casa REI purchased the properties for an undisclosed price.

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Signature Brands
AcquisitionsFloridaIndustrialSoutheast

Stan Johnson Co. Brokers $20.7M Sale of Industrial Property in Ocala, Florida

by Julia Sanders

OCALA, FLA. — Stan Johnson Co. has brokered the $20.7 million sale of a single-tenant industrial property in Ocala. A Florida-based developer sold the 193,750-square-foot build-to-suit property to LBA Logistics, an Irvine, Calif.-based developer and institutional fund manager. Craig Tomlinson of Stan Johnson Co. represented the undisclosed seller. Signature Brands, a specialty and seasonal decorations maker, has a long-term lease at the property. The company’s brands include Betty Crocker, PAAS and Cake Mate. Built in August 2021, the high-bay distribution warehouse will service Signature Brands’ adjacent production facility. Located at 1921 Southwest 44th Ave., the property is about 1.5 miles from the College of Central Florida Ocala Campus and 36.9 miles from Gainesville.

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AcquisitionsMultifamilyTexas

West Shore Acquires 322-Unit Sovereign Apartments in North Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Boston-based multifamily investment firm West Shore LLC has acquired The Sovereign, a 322-unit apartment community in North Fort Worth. The property, which according to Apartments.com was built in 2015, offers one-, two- and three-bedroom units. Amenities include a pool, outdoor kitchen, dog park, fitness center, clubhouse and an auto detailing center. The seller and sales price were not disclosed. West Shore now owns and operates about 11,000 units across seven states following this acquisition.

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AcquisitionsIndustrialTexas

Fort Capital Buys 49,441 SF Industrial Complex in Northeast San Antonio

by Taylor Williams

SAN ANTONIO — Fort Worth-based investment firm Fort Capital has purchased a 49,441-square-foot industrial complex at 14309 Toepperwein Road in San Antonio. The Class B facility features 37 suites ranging in size from 799 to 3,120 square feet and is located about 1.2 miles from Interstate 35 on the city’s northeast side. The seller and sales price were not disclosed.

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AcquisitionsRetailTexas

RealSource Brokers Sale of 47,000 SF Retail Building Leased to LA Fitness in Metro Houston

by Taylor Williams

RICHMOND, TEXAS — RealSource Group has brokered the sale of a 47,000-square-foot retail building leased to LA Fitness in Richmond, located southwest of Houston. The newly constructed building is located within the 525,000-square-foot Waterview Town Center, which is across the street from an Amazon distribution center and in front of a 300-unit apartment community. Austin Blodgett of RealSource, in conjunction with brokerage firm ParaSell Inc. represented the Houston-based seller in the transaction. Blodgett and ParaSell also represented the buyer, a private partnership based in Texas.

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