Monday, July 6, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Acquisitions

AcquisitionsRetailSoutheastTennessee

Stan Johnson Co. Arranges $18.5M Sale of Retail Property in Metro Memphis Leased to Whole Foods Market

by Alex Tostado

GERMANTOWN, TENN. — Stan Johnson Co. has arranged the $18.5 million sale of a retail property in Germantown leased to Whole Foods Market. An undisclosed private investor acquired the asset at a 4.6 percent cap rate. The 36,570-square-foot freestanding grocery store is located at 7811 Poplar Ave., 15 miles east of downtown Memphis and near other retailers such as Hobby Lobby, T.J. Maxx, Starbucks and Kroger. The location was delivered in 2015 and is situated on 5.2 acres. Pat Weibel of Stan Johnson Co. represented the seller, a private equity group based in Memphis, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsGeorgiaMultifamilySoutheast

Auerbach Funds, Dunross Capital Purchase 220-Unit Townhome Community in Southwest Atlanta’s College Park

by Alex Tostado

COLLEGE PARK, GA. — A partnership between Auerbach Funds and Dunross Capital has purchased The Life at Avery Park, a 220-unit townhome community in College Park. The property offers two- and three-bedroom floor plans. Communal amenities include a pool, grilling area and a playground. The buyers plan to implement an upgrade plan at the community, which will include renovating the unit interiors and communal space. The Life at Avery Park was originally built in 1970 and most recently renovated in 2001. The asset is situated at 2609 Charlestown Drive, 11 miles southwest of downtown Atlanta. The seller and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyTexas

Three Pillars Capital Acquires Houston Multifamily Portfolio for $100M

by Taylor Williams

HOUSTON —Three Pillars Capital, a locally based private equity firm that specializes in value-add multifamily investments, has acquired a portfolio of three apartment properties totaling approximately 700 units in Houston. The properties offer proximity to the Texas Medical Center, Rice Village Plaza and NRG Stadium. The names of the properties and seller were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyTexas

The Multifamily Group Arranges Sale of 162-Unit Live Oak Apartments in Houston

by Taylor Williams

HOUSTON — The Multifamily Group (TMG), a Dallas-based brokerage firm, has arranged the sale of Live Oak Apartments, a 162-unit community in Houston’s Energy Corridor. Built in 1977 and renovated in 2018, the property features one- and two-bedroom units and amenities such as a pool, playground, pet play area and onsite laundry facilities. Bryce Smith of TMG represented the seller and procured the buyer in the transaction. Both parties requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsRetailTexas

Marcus & Millichap Brokers Sale of 55,867 SF Retail Property in North Dallas

by Taylor Williams

DALLAS — Marcus & Millichap has brokered the sale of Skillman Centre, a 55,867-square-foot retail property in North Dallas. According to LoopNet Inc., the property was built in 1982. Joe Santelli of Marcus & Millichap represented the seller and procured the buyer, both of which were private investors that requested anonymity, in the transaction. Skillman Centre was 66 percent leased at the time of sale.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialMidwestOhio

JLL Arranges Sale of 434,000 SF Distribution Center in Suburban Cleveland

by Kristin Harlow

GLENWILLOW, OHIO — JLL has arranged the sale of Victory Commerce Center in Glenwillow, a suburb of Cleveland. The sales price was undisclosed. Developed in 2019, the 434,000-square-foot distribution and fulfillment center features a clear height of 32 feet, 30 dock-high doors, nine drive-in doors and LED lighting. It is situated on 40 acres within the larger Diamond Business Center. John Huguenard and Sean Devaney of JLL represented the seller, Illinois-based Westminster Capital. Matthew Schoenfeldt, Michael Gigliotti, Mike Tepedino and Brian Walsh of JLL secured acquisition financing on behalf of the buyer, Investcorp.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialIowaMidwest

MAG Capital Partners Acquires 48,237 SF Manufacturing Facility in Marion, Iowa

by Kristin Harlow

MARION, IOWA — MAG Capital Partners has acquired the corporate headquarters and manufacturing facility for Advanced Material Processing (AMP) in Marion, just north of Cedar Rapids, in a sale-leaseback transaction. The purchase price was undisclosed. AMP occupies the entire 48,237-square-foot property. The company focuses on material processing equipment for food and beverage, pharmaceutical and chemical sectors. May River Capital, a Chicago-based private equity firm, owns AMP. Katie Elliott of Stan Johnson Co. represented the seller, May River Capital. Mary Garnett and Jim Tuesley of Barnes & Thornburg LLP represented Fort Worth, Texas-based MAG Capital Partners, which is led by Dax T.S. Mitchell and Andrew Gi.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestOhioRestaurantRetail

Upland Brokers $1.6M Sale of Arby’s-Occupied Property in Ontario, Ohio

by Kristin Harlow

ONTARIO, OHIO — Upland Real Estate Group Inc. has brokered the $1.6 million sale of a 3,662-square-foot property occupied by Arby’s in Ontario near Mansfield. The building is situated on an outparcel to Richland Mall. Keith Sturm, Deborah Vannelli and Amanda Leathers of Upland represented the undisclosed seller. An all-cash buyer purchased the asset and completed a 1031 exchange.

Continue Reading
FacebookTwitterLinkedinEmail
Outlook-Biscay-Aurora-CO
AcquisitionsColoradoMultifamilyWestern

CentrePoint, CentreSquare Acquire Outlook Biscay Multifamily Property in Colorado for $37.5M

by Amy Works

AURORA, COLO. — CentrePoint and CentreSquare have purchased Outlook Biscay, an apartment community located at 3382 S. Biscay Way in Aurora. Denver-based Evergreen Development sold the asset for $37.5 million. Built in 2019, Outlook Biscay offers 96 for-rent townhomes, averaging 1,210 square feet and spread across 20 two-story buildings. Each two- and three-bedroom unit feature a two-car, direct-access garage, private entrance, quartz countertops, stainless steel appliances and laundry rooms with full-size washers and dryers. Community amenities include a central leasing center, year-round swimming pool, dog wash and green areas. Jake Young, Dan Woodward, David Potarf and Matt Barnett of CBRE Capital Markets in Denver represented the seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
1220-E-Medlock-Dr-Phoenix-AZ
AcquisitionsArizonaMultifamilyWestern

Marcus & Millichap Negotiates $6.4M Sale of Revival Midtown Apartment Property in Phoenix

by Amy Works

PHOENIX — Marcus & Millichap has arranged the sale of Revival Midtown, a multifamily community located at 1220 E. Medlock Drive in Phoenix. A local limited liability partnership sold the asset to an undisclosed buyer for $6.4 million, or $182,587 per unit. Revival Midtown features 35 units in a mix of 16 one-bedroom/one-bath and 19 two-bedroom/two-bath layouts. Richard Butler of Marcus & Millichap represented the seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts