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Acquisitions

360-Hamilton-Ave.-White-Plains
AcquisitionsNew YorkNortheastOffice

TKF Burnside Buys 400,000 SF Office Building in White Plains, New York

by Taylor Williams

WHITE PLAINS, N.Y. — TKF Burnside Real Estate Partners has purchased a 400,000-square-foot office building in White Plains, located north of New York City. The building at 360 Hamilton Ave. is located in the downtown area and is home to tenants such as Merrill Lynch, Heineken USA, Bank of America and Skadden, Arps, Slate, Meagher & Flom LLP. Kevin Welsh and Charles Han of Newmark represented the undisclosed seller in the transaction. The buyer, which plans to implement capital improvements, was self-represented.

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AcquisitionsDevelopmentNew YorkNortheast

Ariel Property Advisors Arranges $25.5M Sale of Commercial Development Site in The Bronx

by Taylor Williams

NEW YORK CITY — Local brokerage firm Ariel Property Advisors has arranged the $25.5 million sale of commercial development site in the Mott Haven area of The Bronx. The site at 261 Walton Ave. spans 25,182 square feet and can support up to 181,000 square feet of buildable product. Jason Gold, Victor Sozio and Gabriel Elyaszadeh of Ariel represented the undisclosed seller in the transaction. The buyer was Zeta Charter Schools.

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AcquisitionsIndustrialMassachusettsNortheast

Marcus & Millichap Brokers $4M Sale of Industrial Building in Leominster, Massachusetts

by Taylor Williams

LEOMINSTER, MASS. — Marcus & Millichap has brokered the $4 million sale of a 62,259-square-foot industrial building in Leominster, about 50 miles west of Boston. The building at 44 Mead St. features clear heights of 14 to 16 feet, eight loading docks and two grade-level doors. Harrison Klein of Marcus & Millichap represented the undisclosed seller in the deal. Nate Nickerson of Fieldstone Commercial represented the buyer, The Lexvest Group.

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colliers-office-portfolio
AcquisitionsFloridaHealthcareIndustrialOfficeRetailSoutheast

Colliers Brokers $35M Sale of Five-Property Mixed-Use Portfolio on Florida’s Space Coast  

by Abby Cox

MELBOURNE, FLA. — Colliers has brokered the $35 million sale of a five-property portfolio totaling more than 294,000 square feet of office, industrial, retail and medical office space in Melbourne, a city on Florida’s Space Coast. The portfolio, dubbed the Florida Space Coast Investment Portfolio, featured multiple transactions between August 2025 and April 2026. Melbourne Corporate Center, a 33,623-square-foot office building that is fully leased to aerospace engineering firm Aeronix, sold for $3.1 million. Hibiscus Professional Center, which sold for $2.5million, totals 26,300 square feet and is leased to National Drug Screening, Benezra Gynecology and Hanger Prosthetics. Imperial Plaza, a 107,000-square-foot office and retail center, sold for $12.2 million and is occupied by tenants such as the Department of State, FBI and DCAA, Stifel and Fiesta Azteca. Centre at Suntree, an 82,172-square-foot retail and medical property, sold for $12.3 million and is home to Premier Urgent Care, Moon Golf and Huntington Learning Center. Lastly, Rivercrest Professional Center, a 45,475-square-foot office and flex property, sold for $5 million and is occupied by Health First and Cape Canaveral Hospital. Joe Rossi and Scott Brenner of Colliers represented the undisclosed seller in all transactions. Max Ducharme of PMD Capital Management purchased Melbourne Corporate Center …

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Heartland-Dental
AcquisitionsGeorgiaRetailSoutheast

Marcus & Millichap Brokers Sale of Retail Property in McDonough, Georgia Leased to Heartland Dental

by Abby Cox

MCDONOUGH, GA. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a freestanding retail property in McDonough, a southern suburb of Atlanta. Heartland Dental occupies the building, which was built in 2023, on a 10-year corporate lease that features 10 percent rent increases in the initial term and extension options. Don McMinn and Andrew Koriwchak of Taylor McMinn represented the seller, a preferred developer for Heartland Dental. The out-of-state, all-cash buyer purchased the property for an undisclosed price. Both parties requested anonymity. “Despite some challenges with the higher price point and double net lease, we sourced an all-cash 1031 exchange buyer through our national platform and buyer network,” says McMinn. “This deal is further evidence of the expanding 1031 buyer pool pursuing quality net lease assets in strong markets like Atlanta.”

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Laemmle-NoHo7-LA-CA
AcquisitionsCaliforniaMixed-UseOfficeRetailWestern

Pegasus Brokers Sale of Theater-Anchored Mixed-Use Property in North Hollywood

by Amy Works

LOS ANGELES — Pegasus has arranged the purchase of Laemmle NoHo 7, a marquee theater-anchored retail and office property in the North Hollywood neighborhood of Los Angeles. A locally based investor group led by the Laemmle family, founders and operators of Laemmle Theatres, acquired the asset for $6.5 million. Located at 5240 Lankershim Blvd. in the NoHo Arts District, the 32,809-square-foot property was originally constructed in 2011. The acquisition was completed as part of a 1031 exchange following the disposition of a former theater asset previously owned and operated by the Laemmle family. This purchase marks the Laemmle family’s reacquisition of the property, which it sold in 2021 to a developer with plans to redevelop the asset into a multifamily and retail property. The redevelopment strategy ultimately fell through, allowing the Laemmle family the opportunity to repurchase the asset. Upon stabilization, NoHo 7 will be anchored by Laemmle Theatres. The existing ground-floor tenant, Chipotle Mexican Grill, will remain and the upper-level office space, which was vacated in anticipation of redevelopment, will be repositioned and leased. David Chasin, along with the Pegasus team, advised the buyer in the acquisition.

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AcquisitionsIndianaIndustrialMidwestSelf-Storage

Marcus & Millichap Negotiates Sale of 423-Unit Self-Storage Facility in Fort Wayne

by Kristin Harlow

FORT WAYNE, IND. — Marcus & Millichap has negotiated the sale of The Storage Place, a 45,950-square-foot self-storage facility in Fort Wayne. The property comprises 15 drive-up buildings with 423 non-climate-controlled units and 36 outdoor parking spaces. It is located adjacent to Fort Wayne International Airport. Jeffrey Herrmann and Sean Delaney of Marcus & Millichap represented the seller and procured the buyer, both of which were Indiana-based limited liability companies.

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AcquisitionsAffordable HousingIllinoisMidwestMultifamily

SVN Chicago Commercial Brokers $5.1M Sale of Workforce Housing Property in Rockford, Illinois

by Kristin Harlow

ROCKFORD, ILL. — SVN Chicago Commercial has brokered the $5.1 million sale of Auburn Manor Apartments, a 108-unit workforce housing property in Rockford. The HAP Section 8 community totals 104,956 square feet. Reid Bennett, Cody Doran and Dan Short of SVN represented the seller. The transaction marks the final disposition within the seller’s portfolio, as the firm shifts its focus toward third-party management assignments.

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AcquisitionsDevelopmentOfficeRetailTexas

PAGEWOOD Buys 14,000 SF Office, Retail Building in West Houston, Plans Redevelopment

by Taylor Williams

HOUSTON — PAGEWOOD has purchased a 14,000-square-foot office and retail building at 1440 Brittmoore Road in West Houston with plans to undertake a redevelopment. The local owner-operator plans to occupy 6,000 square feet within the building for its new headquarters and to tenant the remainder of the space with food-and-beverage and/or fitness concepts. The project, which will be known as The Outpost at Brittmoore, is expected to be complete in the fourth quarter. 

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AcquisitionsCivicOfficeTexas

Franklin Street Arranges Sale of 12,705 SF Office Building in Pflugerville, Texas

by Taylor Williams

PFLUGERVILLE, TEXAS — Tampa-based brokerage firm Franklin Street has arranged the sale of a 12,705-square-foot office building in the northern Austin suburb of Pflugerville. The building at 508 Old Austin Hutto Road was built in 2013 and will be the future home of the Cameron Road Church of Christ. Marshall Durrett and Laura Fretwell of Franklin Street represented the church in the transaction. The seller was an entity doing business as Government Leases LLC.

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