Saturday, February 7, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Acquisitions

King-Soopers-Fuel-Center-Aurora-CO
AcquisitionsColoradoRetailWestern

SRS Real Estate Negotiates $3.6M Ground Lease Sale of Fuel Center in Aurora, Colorado

by Amy Works

AURORA, COLO. — SRS Real Estate Partners has negotiated the ground lease (land ownership) sale of a retail property in Aurora. A Denver-based private investor acquired the asset from a national REIT for $3.6 million. Built in 2024, the 1,000-square-foot property is occupied by a King Soopers fuel center on a new 20-year corporate-guaranteed lease from parent company, The Kroger Co. The property is an outparcel to Arapahoe Crossings, a 528,000-square-foot power center anchored by King Soopers. Patrick McGlinchey, Brian Wolfman, Justin Gregory and Erik Christopher of SRS Real Estate represented the seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsArizonaHealthcareOfficeWestern

Cushman & Wakefield | PICOR Brokers $3.1M Sale of Medical Office Building in Tucson, Arizona

by Amy Works

TUCSON, ARIZ. — Cushman & Wakefield | PICOR has arranged the sale of a 10,405-square-foot medical office building located at 2155 W. Orange Grove Road in Tucson. OGFP Building LLC sold the asset to The Kenneth M. Phrang & Cynthia L. Phrang Trust for $3.1 million. Richard Kleiner and Alexis Corona of Cushman & Wakefield | PICOR represented the seller, while Ryan Gonzales of Marcus & Millichap represented the buyer in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyNew YorkNortheast

Marcus & Millichap Brokers $7M Sale of Multifamily Development Site in Brooklyn

by Taylor Williams

NEW YORK CITY — Marcus & Millichap has brokered the $7 million sale of an 8,282-square-foot multifamily development site in Brooklyn’s Prospect Heights neighborhood. The site at 918 Atlantic Ave. currently houses a car wash and can support 59,630 buildable square feet as of right and up to 74,538 buildable square feet with inclusionary housing bonus. Andrew Bronsteen, Shaun Riney and Jason Farese of Marcus & Millichap represented the seller and procured the buyer, both of which were local private investors, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndianaIndustrialMidwest

Marcus & Millichap Brokers $28M Sale of Carmel Tech Center in Metro Indianapolis

by Kristin Harlow

CARMEL, IND. — Marcus & Millichap has brokered the $28 million sale of Carmel Tech Center, a three-building, 209,056-square-foot industrial flex portfolio in the Indianapolis suburb of Carmel. The properties include 833-887 Carmel Drive, a 58,430-square-foot building constructed in 1988 and renovated in 2022; 12302-12388 Hancock St., a 74,074-square-foot building completed in 1988 and renovated in 2016; and 12202-12292 Hancock St., a 76,552-square-foot asset constructed in 1988 and renovated in 2004. Anchor tenants across the portfolio include Vantiva, Stryker Orthopaedics, Live Nation, Option Care Health, Securitas Technology, Snap One Partner Store and T2 Systems.  Julia Evinger of Marcus & Millichap represented the seller, a national commercial real estate investment and development company, and procured the buyer, a Midwest-based private commercial real estate investment company.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestOhioRetail

Next Realty Sells 67,000 SF Neighborhood Retail Center in Cincinnati

by Kristin Harlow

CINCINNATI — An affiliate of Next Realty LLC has sold Kings Automall Shopping Center in Cincinnati for an undisclosed price. The asset was part of Next Realty Fund IX LP. The 67,000-square-foot neighborhood retail center sits at the entrance to the Kings Automall corridor, which is home to 14 auto dealerships representing 18 vehicle brands. Next Realty acquired the property in July 2021 and implemented a business plan focused on strengthening tenant retention and improving occupancy. During the time of ownership, Next Realty leased all vacancies and executed several lease extensions. Most recently, LensCrafters, a tenant at the center since 1997, completed a long-term lease renewal. The leasing activity resulted in a 25 percent increase in the property’s net operating income. The buyer was able to assume the in-place financing, which offered more favorable terms than currently available options.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestNorth DakotaRetail

Blue West Capital Arranges $6.1M Sale of Planet Fitness-Occupied Retail Property in Fargo

by Kristin Harlow

FARGO, N.D. — Blue West Capital has arranged the sale of a single-tenant retail property net leased to Planet Fitness in Fargo for $6.1 million. The cap rate of 6.68 percent represented the lowest cap rate recorded for a Planet Fitness facility nationally since 2023, according to CoStar. Carly Gallagher Kelly of Blue West represented the undisclosed seller. The all-cash buyer was a national real estate investment trust. The newly constructed, flagship location is operated by one of Planet Fitness’s largest franchisees, with 119 locations across 10 states. There are more than 2,600 Planet Fitness locations nationwide.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestOfficeOhio

TEI, RHM Capital Acquire Office Building in Metro Cleveland for $3.5M

by Kristin Harlow

MAYFIELD HEIGHTS, OHIO — Time Equities Inc. (TEI) and RHM Capital have acquired 6055 Parkland Boulevard, a 104,221-square-foot office building in the eastern Cleveland suburb of Mayfield Heights, for $3.5 million. The partnership plans to begin immediate renovations to the lobby and common areas and enhance the building’s existing amenities. The property features 35,000-square-foot floorplates, underground parking and direct visibility to I-271. CBRE represented the seller, Progressive Insurance. Jonathan Dulberg and Keaton Baum represented TEI on an internal basis, and Preston Hoge represented RHM internally.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsRetailTexas

JLL Negotiates Sale of 53,553 SF Shopping Center in Frisco

by Taylor Williams

FRISCO, TEXAS — JLL has negotiated the sale of Preston Stonebrook, a 53,553-square-foot shopping center located north of Dallas in Frisco. Built in 1997, the center was 93 percent leased at the time of sale to tenants such as Plato’s Closet, Emler Swim School, Dogtopia and Horizon Hot Yoga. Adam Howells and Erin Lazarus of JLL represented the seller, Venture Investment Partners, in the transaction. The buyer and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
5201 Gate Parkway
AcquisitionsFloridaLeasing ActivityOfficeSoutheast

SRS Real Estate Negotiates $38M Sale of Office Building in Jacksonville Leased to Deutsche Bank

by Abby Cox

JACKSONVILLE, FLA. — SRS Real Estate Partners has negotiated the $38 million sale of a 150,000-square-foot office building located at 5201 Gate Parkway in Jacksonville. Deutsche Bank fully occupies the property on a long-term, corporate-guaranteed lease. Built in 2006, the three-story building sits on 13 acres. Jeff Gates of SRS Capital Markets’ San Francisco office represented the seller, a New York-based institutional investor, in the transaction. The buyer was AJC Partners LLC, a private family office based in Michigan and New York City.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

Stream Realty Partners Brokers Sale of 46,601 SF Industrial Building in North Houston

by Taylor Williams

HOUSTON — Stream Realty Partners has brokered the sale of a 46,601-square-foot industrial building in North Houston. According to LoopNet Inc., the building at 6711 E. Highway 33 was built on 3.7 acres in 1976 and renovated in 2012. Tommy Erwin of Stream represented the buyer, Khowja Capital LLC, in the transaction. John Ferruzzo of KBC Advisors represented the seller.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts