ENUMCLAW, WASH. — Coldwell Banker Commercial has arranged the sale of an industrial building located at 1920 Garrett St. in Enumclaw. Thundering Mountain LLC sold the asset to Cascadia Collection and DC Auto Transport for $7.9 million. Situated on 1.2 acres, the property offers 36,160 square feet of industrial space. Brandon Thomas of Coldwell Banker Commercial represented the seller in the deal.
FRESNO, CALIF. — CBRE’s Retail Investment Properties – West has directed the sale of Shops at The Marketplace at El Paseo in Fresno. A private investor acquired the asset from an undisclosed seller for $7.1 million. James Tyrrell, Megan Lanni and Jimmy Slusher of CBRE handled the transaction.
WHITESTOWN, IND. — JLL Income Property Trust has acquired Whitestown Distribution Center III, a Class A industrial facility in the Indianapolis suburb of Whitestown, for approximately $60 million. The 605,000-square-foot property is fully leased to a single tenant with a seven-year remaining lease term featuring 2.5 percent annual escalations. Developed in 2023, the asset features a clear height of 36 feet.
KANSAS CITY, MO. — BAM Capital has acquired Kinsley Forest Apartments, a 328-unit multifamily community in Kansas City. The property marks the second acquisition within the BAM Multifamily Growth Fund V and the third in the BAM Preferred Credit Fund. Built in 2018, Kinsley Forest is situated in the Clay County submarket and is roughly 97 percent occupied. BAM Capital will transition property operations to its vertically integrated platform, BAM Management.
MATTOON, ILL. — SVN Chicago Commercial has brokered the $17.1 million sale of the 102-room Hilton Garden Inn Mattoon. Constructed in 2022, the property is located at 100 Coles Centre Parkway and features Hilton’s new branded layout. Derek Gonsch of SVN Chicago represented the undisclosed seller. Lekhraj Ahuja, a local investor and experienced hotel operator, was the buyer.
EAST CAMBRIDGE, MASS. — Chicago-based financial services firm Mesirow has purchased a 20-story apartment building in East Cambridge, located across the Charles River from Boston. Built in 2015 within the 4.5 million-square-foot Cambridge Crossing mixed-use development, the building is known as Twenty20 and houses 355 units with an average size of 807 square feet, as well as 8,625 square feet of retail space. Residences come in studio, one-, two-, three- and four-bedroom floor plans. Amenities include a rooftop terrace, fitness center, yoga sundeck, a pet wash station, clubroom and a library. Simon Butler, Biria St. John, John McLaughlin and Brian Bowler of CBRE represented the seller, an undisclosed institutional investment firm, in the transaction and procured Mesirow as the buyer.
NEW YORK CITY — Avison Young has negotiated the $23.5 million sale of a 22,285-square-foot retail building in Lower Manhattan. The building at 446 W. 14th St. is located in the Meatpacking District and was fully leased at the time of sale to Puttery, a minigolf-themed entertainment concept. The seller was an entity doing business as Meatpacking Retail LLC, and the buyer was a joint venture between Klosed Properties and Namdar Realty Group. James Nelson, Brent Glodowski, Mitchell Levine and Noah Kossoff of Avison Young brokered the deal.
MURFREESBORO, TENN. — National Health Investors (NHI) has executed an agreement to sell a seniors housing portfolio to National HealthCare Corp. (NHC) for a total of $560 million. The portfolio includes 32 skilled nursing facilities and three independent living facilities. NHC currently operates the properties on behalf of NHI. In 2025, the portfolio generated cash lease revenue of roughly $39.7 million for NHI. According to NHI, the Murfreesboro-based company expects this move to increase its concentration in the category of private-pay seniors housing. Following the transaction, NHI’s senior housing operating portfolio segment will represent roughly 22 percent of its total investments, with skilled nursing exposure to represent 12.2 percent of total investments. In a statement, NHI also noted that this sale will “eliminate potential conflicts of interest between NHI and NHC.” Closing of the transaction is expected on July 1, subject to customary closing conditions. NHI expects to incur transaction costs between $6 million and $8 million. Blueprint Healthcare Real Estate Advisors is serving as the transaction advisor for NHI. Houlihan Lokey Capital is acting as financial advisor to a special committee of non-interested directors that was appointed to review the sale, and Venable LLP is serving as the committee’s …
MERRITT ISLAND, FLA. — A tenancy-in-common (TIC) entity including MHCommercial Real Estate Fund II, a private equity fund launched by South Florida-based commercial real estate services firm NAI Merin Hunter Codman, has acquired the Shoppes at Victoria Square on Florida’s Space Coast for $16 million. Situated approximately 50 miles east of Orlando in Merritt Island near the Kennedy Space Center, the Shoppes at Victoria Square totals 109,000 square feet and is anchored by Burlington, Five Below and Ulta Beauty. The property was 98 percent leased at the time of sale. This acquisition marks the second Merritt Island investment for MHC Fund II, following the purchase of Merritt Crossing, a 90,000-square-foot grocery-anchored retail center, in July 2025. John Crotty, Michael Fay, David Duckworth, Brian de la Fe and Philip Shapiro of Avison Young represented the seller, an entity doing business as Victoria Square Partners, in the transaction. Stuart Kapp and Jake Seiler of Kapp Morrison Aker LLP law firm represented the TIC buyers, an entity doing business as Ocala North Partnership, which includes Ted Lightman and James O’Connor of Charles Wayne Properties; Jim Scalo and Brian Walker of NAI Burns Scalo; and MHCommercial Fund II. BankUnited provided financing. NAI Merin Hunter Codman …
BOILING SPRINGS, S.C. — Don McMinn and Andrew Koriwchak of Marcus & Millichap’s Taylor McMinn Retail Group have brokered the sale of a freestanding retail property in Boiling Springs, a city in Upstate South Carolina’s Spartanburg County. Chase Bank occupies the property on a 15-year, corporate guaranteed ground lease that features 10 percent rent increases in the initial term and extension options. The seller, a repeat developer for Chase Bank retail branches, delivered the property earlier this year. The undisclosed buyer purchased the store in a 1031 exchange. The sales price was also not disclosed. “This sale demonstrates that investment-grade assets continue to attract strong buyer demand, commanding aggressive pricing for low-rent deals in prime locations — despite the surplus of net lease inventory,” says McMinn.