Wednesday, May 6, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Acquisitions

AcquisitionsMultifamilySoutheastVirginia

JLL Brokers Sale of 400-Unit Apartment Complex in Northern Virginia

by Alex Tostado

HERNDON, VA. — JLL has brokered the sale of Station on Silver, a 400-unit apartment complex in Herndon. The property, which was built in 2017, offers studio, one- and two-bedroom floor plans averaging 850 square feet. Communal amenities include a fitness center, pool, lounge, courtyard, media room, rooftop deck and an outdoor kitchen. The asset is situated at 2340 Carta Way, 26 miles west of downtown Washington, D.C. Walter Coker, Brian Crivella and Robert Jenkins of JLL represented the seller, Woodfield Development, in the transaction. The buyer and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMarylandRetailSoutheast

JCR Acquires Two Shopping Centers in Maryland for $23.8M

by Alex Tostado

ROCKVILLE AND BEL AIR, MD. — The JCR Cos. has acquired two shopping centers in Maryland totaling $23.8 million. The first property is Woodley Gardens Shopping Center in Rockville. The asset is situated at 1101-1125 Nelson St., 17 miles north of downtown Washington, D.C. JCR acquired the 22,797-square-foot property for $4.5 million. It was fully leased at the time of the sale to tenants including Hard Times Café, Essex Bank, Slice of Rockville, Carmen’s Ice Cream and Shanghai Taste. The second property is Bel Air Town Center, which is located 30 miles northeast of downtown Baltimore. Washington, D.C.-based JCR purchased Bel Air Town Center for $19.3 million. JCR plans to sell pad sites at the 95,229-square-foot property. The seller(s) was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsFloridaMultifamilySoutheast

Cushman & Wakefield Negotiates $15.6M Sale of Tampa Bay Multifamily Community

by Alex Tostado

NEW PORT RICHEY, FLA. — Cushman & Wakefield has arranged the $15.6 million sale of Worthington Court, a 152-unit multifamily community in New Port Richey. The property offers one- and two-bedroom floor plans. Communal amenities include a pool, half basketball court, tennis court, playground and a clubhouse. The asset is situated at 7541 Highwater Drive, 32 miles northwest of downtown Tampa. Mike Donaldson and Nick Meoli of Cushman & Wakefield represented the seller, HKSK Corp., in the transaction. Birmingham, Ala.-based Engel Realty Co. acquired the property.

Continue Reading
FacebookTwitterLinkedinEmail
Park-Row-Logistics-Center-Arlington
AcquisitionsIndustrialTexas

JLL Negotiates Sale of 155,425 SF Park Row Logistics Center in Arlington

by Taylor Williams

ARLINGTON, TEXAS — JLL has negotiated the sale of Park Row Logistics Center, a 155,425-square-foot industrial building in Arlington. Built on 9.2 acres in 2019, the property was fully leased to e-commerce servicer Mochila Fulfillment at the time of sale. Building features include 32-foot clear heights, 180-foot truck court depths and 28 trailer parking spaces. Dustin Volz, Stephen Bailey, Zach Riebe and Austin Ross of JLL represented the seller, a partnership between Stream Realty Partners and LaSalle Investment Management, in the deal. The buyer was New York-based Clarion Partners.

Continue Reading
FacebookTwitterLinkedinEmail
Shiloh-Park-Plano
AcquisitionsMultifamilyTexas

Next Wave Investors Purchases 73-Unit Multifamily Complex in Plano

by Taylor Williams

PLANO, TEXAS — Next Wave Investors LLC, a Southern California-based private equity firm, has purchased Shiloh Park Townhomes, a 73-unit multifamily complex in Plano. Built in 2000, the for-rent property features residences that average 1,700 square feet per unit. The townhomes are equipped with washer/dryer connections and private garages in select units. The property was approximately 95 percent occupied at the time of sale. Next Wave plans to implement a value-add program to both unit interiors and building exteriors. The seller was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestMultifamily

Essex Arranges $14.4M Sale of Two Apartment Buildings in Chicago’s Lincoln Park

by Kristin Harlow

CHICAGO — Essex Realty Group Inc. has arranged the sale of a pair of apartment buildings in Chicago’s Lincoln Park neighborhood for a combined $14.4 million. The buildings, 640 and 656 W. Wrightwood Ave., had been owned by the same entities for more than 50 years. A local investor purchased the 640 property for $5.9 million while a separate local investor bought the 656 property for $8.5 million. The two assets total 107 units. Doug Imber, Kate Varde, Clay Maxfield and Jaimie Steinher of Essex represented the undisclosed sellers. Jim Darrow, Jordan Gottlieb and Jordan Multack of Essex represented the buyers.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsHealthcareMidwestWisconsin

Boulder Group Negotiates $4.7M Sale of Property Net Leased to Children’s Hospital of Wisconsin

by Kristin Harlow

PEWAUKEE, WIS. — The Boulder Group has negotiated the $4.7 million sale of a property net leased to Children’s Hospital of Wisconsin in Pewaukee, about 20 miles west of Milwaukee. The newly constructed, 11,736-square-foot building is located at 1215 George Towne Drive. The Children’s Hospital lease expires in 2028. Jimmy Goodman and John Feeney of Boulder represented the buyer, a New York-based firm completing a 1031 exchange. A local real estate firm was the seller.

Continue Reading
FacebookTwitterLinkedinEmail
164-Fifth-Avenue-Manhattan
AcquisitionsNew YorkNortheastRetail

Thor Equities Group Sells Retail Building in Manhattan for $40M

by Taylor Williams

NEW YORK CITY — Locally based investment firm Thor Equities Group has sold a 17,600-square-foot retail building located at 164 Fifth Ave. in Manhattan for $40 million. The six-story property, which is located between 21st and 22nd streets in the Flatiron District, was fully leased at the time of sale to tenants such as Alo Yoga and restaurant Sutra. The buyer was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
The-Mariner-Port-Chester
AcquisitionsMultifamilyNew YorkNortheastWalker & Dunlop

Walker & Dunlop Brokers $32.2M Sale of Mariner Apartments in Port Chester, New York

by Taylor Williams

PORT CHESTER, N.Y. — Walker & Dunlop has brokered the $32.2 million sale of The Mariner, a 100-unit apartment community in Port Chester, located near the New York-Connecticut border. Built in 2012, the property’s units feature an average size in excess of 1,000 square feet, hardwood floors and quartz countertops. Amenities include a fitness center, social lounge, storage units and concierge services. Thomas Walsh and Joseph Garibaldi of Walker & Dunlop represented the sellers, institutional investors advised by JP Morgan Asset Management, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
Melrose-Plaza-Vista-CA
AcquisitionsCaliforniaOfficeWestern

Realm Buys Melrose Plaza Office Campus in Vista, California

by Amy Works

VISTA, CALIF. — Realm LP has purchased Melrose Plaza, a six-building office campus located at 500-550 W. Vista Way in Vista. Melrose Plaza Complex LP sold the asset for $7.5 million. At the time of sale, the 58,483-square-foot property was 98 percent leased. Jeff Abramson of Lee & Associates North San Diego County represented the buyer and seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts