Wednesday, June 18, 2025
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Acquisitions

Eisenhauer-North-Business-Park-San-Antonio
AcquisitionsIndustrialTexas

JLL Arranges Sale of 458,439 SF Industrial Park in Northeast San Antonio

by Taylor Williams

SAN ANTONIO — JLL has arranged the sale of Eisenhauer North Business Park,a 458,439-square-foot industrial park in northeast San Antonio. Completed in mid-2023, the development comprises three buildings that range in size from 119,200 to 186,324 square feet. Building features include 32-foot clear heights, 109 total dock-high doors, six drive-in doors and aggregate parking for 163 trailers and 330 cars. NIT Industrial sold the property to Goldman Sachs for an undisclosed price. Trent Agnew, Kyle Mueller, Witt Westbrook and Charles Strauss of JLL brokered the deal.

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Arya-Grove-Universal-City
AcquisitionsMultifamilyTexas

Newmark Brokers Sale of 308-Unit Multifamily Property Near San Antonio

by Taylor Williams

UNIVERSAL CITY, TEXAS — Newmark has brokered the sale of Arya Grove, a 308-unit multifamily property in Universal City, a northeastern suburb of San Antonio. Built in 2006, the property features one-, two- and three-bedroom units with an average unit size of 800 square feet. Amenities include a pool, fitness center, dog park, playground and outdoor grilling and dining stations. Patton Jones, Matt Michelson and Andrew Dickson of Newmark represented the seller, Austin-based Internacional Realty, in the transaction. Knightvest Residential purchased Arya Grove for an undisclosed price.

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Northpoint-Villas-Fort-Worth
AcquisitionsMultifamilyTexas

SPI Advisory Sells 276-Unit Northpoint Villas Apartments in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Texas-based investment firm SPI Advisory has sold Northpoint Villas, a 276-unit apartment complex in Fort Worth. Built in 2009, Northpoint Villas offers one-, two- and three-bedroom units and amenities such as a pool, playground, fitness center, coffee bar, dog park, game room, clubhouse and outdoor grilling and dining stations. SPI acquired Northpoint Villas in 2019 as part of a two-property portfolio deal and implemented a value-add program. The company also sold the other property, the 254-unit Oaks on Marketplace in metro Austin, in May. The buyer was not disclosed.

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Citadel-Apts-Castle-Pines-CO
AcquisitionsColoradoMultifamilyWestern

Thompson Thrift Divests of Citadel at Castle Pines Multifamily Property Near Denver

by Amy Works

CASTLE PINES, CALIF. — Thompson Thrift has completed the disposition of Citadel at Castle Pines, a 214-unit apartment community in the Denver suburb of Castle Pines. Terms of the transaction were not released. Matt Barnett, Jake Young and Taylor Payne of Walker & Dunlop brokered the sale. Located at 353 Edge View Circle, Citadel at Castle Pines features 154 one- and two-story paired villa-style homes and 60 three-story townhomes. Completed in December 2023, the one-, two-, three- and four-bedroom apartments include designer interiors, quartz countertops, stainless steel and energy-efficient appliances, attached garages and full-size washers/dryers. Community amenities include a resident social lounge, pickleball courts, a 24/7 fully equipped fitness center, resort-style pool and spa, poolside cabanas and grills, a dog park and dog spa.

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4300-4410-W-Union-Hills-Dr-Glendale-AZ
AcquisitionsArizonaRetailWestern

Colliers Brokers Sale of 79,044 SF Union Crossing Retail Center in Glendale, Arizona

by Amy Works

GLENDALE, ARIZ. — Colliers has arranged the sale of Union Crossing, a shopping center located at 4300-4410 W. Union Hills Drive in Glendale. A family office, under the entity of Union Crossing Shopping Center LLC, acquired the asset from Texas-based Union Crossing LLC for an undisclosed price. Situated on 8.5 acres, the 79,044-square-foot property was originally constructed in 1987 and underwent a significant renovation in 2017. Asiana Market, an ethnic-oriented grocer, anchors the property, which includes approximately 20 tenants. Mindy Korth, JK Jackson, El Warner and Caitlin Zirpolo of Colliers handled the transaction.

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395-SW-Bluff-St-Bend-OR
AcquisitionsLoansOfficeOregonWestern

Ethos Commercial Arranges $6.1M Acquisition Loan for Multi-Tenant Office Building in Bend, Oregon

by Amy Works

BEND, ORE. — Ethos Commercial has secured $6.1 million in acquisition financing for Bluff Street Office, a multi-tenant office located at 395 SW Bluff St. in Bend’s Old Mill District. Built in 2003, the 29,000-square-foot building features three suites, storage and surface parking. At the time of financing, the property was fully occupied with long-term leases. Danny Natsch and Matt Illias of Ethos Commercial Advisors sourced the 70 percent loan-to-value, 10-year fixed-rate loan in the mid 5 percent range through a regional credit union for the undisclosed borrower.

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The-Halden-White-Plains
AcquisitionsMultifamilyNew YorkNortheast

JLL Brokers Sale of 303-Unit Apartment Community in White Plains, New York

by Taylor Williams

WHITE PLAINS, N.Y. — JLL has brokered the sale of The Halden, a 303-unit apartment community located north of New York City in White Plains. Built in 2023, the property offers one-, two- and three-bedroom units with an average size of 999 square feet. Amenities include a pool, clubroom, pet spa, conference room, café and lounge, fitness center and outdoor lounge seating. JLL represented the seller and procured the buyer, both of which requested anonymity, in the transaction. The Halden was 96 percent occupied at the time of sale.

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AcquisitionsMultifamilyNew JerseyNortheast

Kislak Negotiates Sale of 176-Unit Apartment Complex in Williamstown, New Jersey

by Taylor Williams

WILLIAMSTOWN, N.J. — New Jersey-based brokerage firm The Kislak Co. Inc. has negotiated the sale of Laurelton Village Apartments, a 176-unit multifamily complex in Williamstown, about 25 miles south of Philadelphia. Built in 1970, the property exclusively offers two-bedroom units that are housed in 14 buildings on a nine-acre site. Amenities include a pool, playground and onsite laundry facilities. Jason Pucci of Kislak represented the seller, an affiliate of New Jersey-based investment firm Kamson Corp., in the deal. Barry Waisbrod, also with Kislak, procured the buyer. The deal traded in conjunction with a 14-unit apartment complex in Bergen County for a combined price of $31 million.

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AcquisitionsFloridaRetailSoutheast

Wilder Acquires 65,417 SF Publix-Anchored Shopping Center in Sarasota

by John Nelson

SARASOTA, FLA. — Boston-based Wilder has purchased Shoppes at Palmers Ranch, a newly built shopping center in Sarasota totaling 65,417 square feet. WMG Development sold the Publix-anchored center to Wilder and two undisclosed, long-term investment partners for an undisclosed price. Brad Peterson of Colliers represented the seller in the transaction, while Donald Jennewein of Colliers arranged acquisition financing on behalf of Wilder. In addition to the Publix anchor and a Publix Liquors store, Shoppes at Palmers Ranch was fully leased at the time of sale to tenants including Dental Care at Palmer Ranch, Sherwin-Williams, Wellness Animal Hospital, Ann Volcano Nail Lounge and Fuji Sushi Steakhouse.

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AcquisitionsFloridaRetailSoutheast

SRS Brokers $14.3M Sale of Metro Tampa Store Leased to Lowe’s Home Improvement

by John Nelson

ODESSA, FLA. — SRS Real Estate Partners has brokered the $14.3 million ground lease sale of a newly built retail property in Odessa, a suburb of Tampa. Lowe’s Home Improvement occupies the 137,554-square-foot property on a 20-year absolute net ground lease. The freestanding store is situated on a nearly 12-acre site at 2317 Gunn Highway. Matthew Mousavi and Patrick Luther of SRS represented the California-based buyer, a private trust that paid for the store in all cash, in the transaction. Patrick Wagor of Atlantic Capital Partners represented the seller, a privately held development firm. Both parties requested anonymity.

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