Acquisitions

SRS Brokers $6.6M Sale of Two Adjacent Retail Outparcels in Metro Tampa Leased to Dutch Bros, Fifth Third Bank

by John Nelson May 20, 2026

LUTZ, FLA. — SRS Real Estate Partners has brokered the $6.6 million ground lease sale of two adjacent retail properties located at 18640 and 18710 Fla. Highway 54 in Lutz, a northern suburb of Tampa in Hillsborough County. Dutch Bros and Fifth Third Bank occupy the two newly developed properties on triple-net leases, with 15 and 20 years remaining on their terms, respectively. Patrick Nutt and William Wamble of SRS represented the seller, an Atlanta-based development and investment group, in the portfolio transaction. The Tampa-based buyer purchased both properties in a 1031 exchange. Both parties requested anonymity.

May 20, 2026

Acquisitions Industrial South Carolina Southeast

CBRE Negotiates $6.5M Sale of Cintas Distribution Center in Myrtle Beach, South Carolina

by John Nelson May 20, 2026

MYRTLE BEACH, S.C. — CBRE has negotiated the $6.5 million sale of a 24,000-square-foot distribution center located at 8388 Water Tower Road in Myrtle Beach. The facility was developed recently as a build-to-suit for Cintas, an Ohio-based supplier of uniforms and workwear, and sits adjacent to Palmetto Coast Industrial Park. An entity doing business as Jangle LLC purchased the facility from the seller, Columbia-based development firm Magnus Development Partners. Robert Hardaway, Patrick Gildea, Matt Smith, Athony DeLorenzo, Brendan Redeyoff and Robert Barrineau of CBRE represented the seller in the transaction. Chris Martin, Gary Stache and Ben Brantley, also with CBRE, represented the buyer.

May 20, 2026

Acquisitions Loans Office Texas

Newmark Arranges Sale, Financing of 1.4 MSF Office Campus in Irving

by Taylor Williams May 19, 2026

IRVING, TEXAS — Newmark has arranged the sale and financing of The Towers at Williams Square, a 1.4 million-square-foot office campus in Irving’s Las Colinas district. The Towers at Williams Square consists of four buildings, three of which are interconnected, and that recently underwent $25 million in renovations across the lobbies, amenity spaces and other common areas. Chris Murphy, Gary Carr, Robert Hill and Austin Sheahan of Newmark represented the undisclosed seller in the transaction. Andrew Porteous, Clint Frease, Chris McColpin and Josh Francis, also with Newmark, arranged acquisition financing on behalf of the buyer, a joint venture between Vanderbilt Office Properties, Hillwood and TriPost Capital Partners. The campus was 76 percent leased at the time of closing.

May 19, 2026

Acquisitions Oklahoma Retail Texas

Disney Investment Group Negotiates $82.2M Sale of Retail Power Center in Norman, Oklahoma

by Taylor Williams May 19, 2026

NORMAN, OKLA. — Dallas-based brokerage firm Disney Investment Group (DIG) has negotiated the $82.2 million sale of University Town Center, a 416,766-square-foot retail power center in Norman, home of the University of Oklahoma. Built in 2009, the center was 99 percent leased at the time of sale to tenants such as Academy Sports + Outdoors, Kohl’s, Ulta, T.J. Maxx, HomeGoods, Michaels, DSW Shoes, Petco and Office Depot. According to OU Daily, the seller was an affiliate of Rainier Cos. The buyer was a partnership between Mazaheri Properties and Champion Hotels. David Disney of DIG represented the seller in the transaction, and Phillip Mazaheri of Price Edwards & Co. represented the buyer. DIG also brokered the sale of the property in 2019.

May 19, 2026

Acquisitions Retail Texas

Weitzman LP Acquires 87,857 SF Shopping Center in Arlington

by Taylor Williams May 19, 2026

ARLINGTON, TEXAS — A limited partnership (LP) managed by Weitzman has acquired Cooper Street Annex, an 87,857-square-foot shopping center in Arlington. Cooper Street Annex was fully leased at the time of sale to tenants such as Cavender’s Boot City, O’Reilly Auto Parts, Chuck E. Cheese Adventure World and WellMed. Stephen Schmidt, Nick Cate and Eric Yoo internally represented Weitzman in the transaction. Hudson Lambert of SummitRE represented the undisclosed seller.

May 19, 2026

Acquisitions California Industrial Western

Harbor Associates, Farallon Capital Acquire 280,000 SF Yorba Linda Commerce Center in California

by Amy Works May 19, 2026

YORBA LINDA, CALIF. — A joint venture between Harbor Associates and Farallon Capital Management has purchased Yorba Linda Commerce Center, a small-bay industrial campus in Yorba Linda, in an off-market transaction valued at $81 million. The seller was a private family that had owned the property for more than 30 years. Located at 3910 Prospect Ave., Yorba Linda Commerce Center features 280,000 square feet of industrial space spread across 10 single- and multi-tenant buildings featuring 83 units ranging in size from 1,200 square feet to 24,000 square feet. Each unit includes office space, clear heights up to 22 feet, ground-level doors, ample electrical capacity, LED lighting and updated HVAC systems. Built in 1987, the asset was 98 percent leased at closing. Gary Martinez of Ashwill Associates represented the seller in the transaction. Shaun Moothart, Bob Ybarra and Andrew Post of CBRE represented Harbor in securing a $56 million fully funded loan that was provided by an affiliate of QuadReal Property Group with Brandon Bachner leading the financing on behalf of QuadReal.

May 19, 2026

Acquisitions California Retail Western

CBRE Brokers $6.2M Sale of Harbor Central Retail Center in West Sacramento

by Amy Works May 19, 2026

WEST SACRAMENTO, CALIF. — CBRE has arranged the sale of Harbor Central, a neighborhood retail center in West Sacramento. A subsidiary of CJ Park & Associates acquired the asset from Harbor Corners LLC for $6.2 million. Randy Getz and Rick Martinez of CBRE represented the seller in the deal. Located at 805-831 Harbor Blvd., Harbor Central features 22,198 square feet of retail space that was built in 1992 on 1.7 acres. Current tenants include Vista Paint, Domino’s, Subway and Raku Sushi.

May 19, 2026

Acquisitions North Carolina Retail Southeast

Finmarc Sells Capital Marketplace Retail Center in Raleigh for $80.6M

by John Nelson May 19, 2026

RALEIGH, N.C. — Finmarc Management Inc. has sold Capital Marketplace, a 383,000-square-foot power shopping center located on 53 acres along U.S. Route 1 in Raleigh. The Bethesda, Md.-based investment and management firm sold the property to Des Moines, Iowa-based Principal Financial Group for $80.6 million. Adam Russ, Erin Varol, Ryan Sciullo and Casey Smith of CBRE represented the seller in the transaction. Finmarc originally purchased the center, then known as Plantation Point Shopping Center, in late 2021. Built in 2006, Capital Marketplace’s tenant roster includes Bob’s Discount Furniture, BJ’s Wholesale Club, Burlington, Dollar Tree, LA Fitness and ParTee Shack.

May 19, 2026

Acquisitions Industrial South Carolina Southeast

BGO Acquires 851,500 SF Logistics Facility in Metro Charlotte

by John Nelson May 19, 2026

ROCK HILL, S.C. — BGO has purchased Legacy Park East, an 851,500-square-foot logistics facility located at 2087 Williams Industrial Blvd. in Rock Hill, a southern suburb of Charlotte. Dave Andrews, Pete Pittroff, Michael Scarnato and Michael Lewis of JLL represented the seller, Scannell Properties, in the transaction. The sales price was not disclosed. Built in 2024, Legacy Park East is situated on a 72.7-acre site near I-77 and the Norfolk Southern Charlotte Intermodal Terminal. The property features 40-foot clear heights, 185-foot truck courts, 177 trailer parking spaces and 403 auto parking positions and was fully leased to two tenants at the time of sale.

May 19, 2026

Acquisitions New Jersey Northeast Office

Colliers Brokers Sale of 45,800 SF Office Building in Warren, New Jersey

by Taylor Williams May 19, 2026

WARREN, N.J. — Colliers has brokered the sale of a 45,800-square-foot office building in the Central New Jersey community of Warren. The building at 45 Technology Drive was vacant at the time of sale. Jacklene Chesler, Patrick Norris and Brittany Leventoff of Colliers represented the seller and procured the buyer and future occupant, both of which requested anonymity, in the transaction.

May 19, 2026

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