TUCSON, ARIZ. — PCA Properties LLC has acquired an industrial space, located at 5575 S. Houghton Road in Tucson, from L&M Family Ventures for $4.2 million. The property offers 31,042 square feet of industrial space. Stephen Cohen of Cushman & Wakefield | PICOR represented the seller, while Greg White of SRS Real Estate Partners – West represented the buyer.
SAN DIEGO — Marcus & Millichap has arranged the sale of La Mesa Mixed-Use, a mixed-use property in San Diego. Ross Sanchez and Nick Totah of Marcus & Millichap represented the seller and buyer in the deal. Located at 6760 University Ave., the 12,196-square-foot property features 13 suites with a mix of office and retail uses, 28 parking spaces, dual access points and high-visibility frontage. At the time of sale, the building was occupied by service-oriented tenants, including beauty, auto, legal and entertainment uses. The property was built in 1976.
POMONA, CALIF. — Progressive Real Estate Partners has negotiated the sale of Valley Plaza, a multi-tenant retail property located at 2407 Valley Blvd. in Pomona. A private investor acquired the asset for $2.6 million from a private investor. Built in 1993, Valley Plaza offers 11,720 square feet of retail space. Current tenants include Panaderia Jaliscos & Maria Taco, Pomona Water & Ice, Pearl Dental Care and Curry Time. Trinnie Lee of Progressive Real Estate Partners represented the seller, while Mark Wilson of Channel Investment Group represented the buyer in the transaction.
DETROIT — HOK has acquired Rossetti, a Detroit-based architecture firm known for its sports venue design and renovation work. HOK says the merger strengthens its position as one of the world’s leading sports, recreation and entertainment design practices. The combined firm will operate as HOK + Rossetti. Led by Matt Rossetti, the Rossetti team will continue to operate from Detroit, a market where HOK has sought a physical presence and where Rossetti has operated for 57 years. Rossetti’s portfolio includes the Formula 1 Crypto.com Miami Grand Prix, the USTA Billie Jean King National Tennis Center and Detroit’s Ford Field, with a significant reimagination of USTA’s Arthur Ashe Stadium and Cosm Detroit currently underway. The combined HOK + Rossetti sports, recreation and entertainment practice will be led by directors Nate Appleman, Shannon Bartch, Amy Chase, John Rhodes, Matt Rossetti and Rashed Singaby. HOK, a global design, architecture, engineering and planning firm with 27 offices, designed Little Caesars Arena and the forthcoming home of Detroit City Football Club.
AURORA, ILL. — The Missner Group has acquired 657 Wolverine Drive, a 58,236-square-foot industrial building in Aurora. Located on 5.5 acres, the multi-tenant property features a clear height of 18 feet, multiple drive-in doors and loading docks, heavy power and ample parking. Built in 1997, the asset also offers outside storage. Missner plans to implement a targeted value-add program, including tenant build-outs, renovation of existing office space and structural improvements. Two units are currently available for lease, representing a total of 25,267 square feet. Steve Connolly and Mark Moran of NAI Hiffman represented the undisclosed seller, while Andrew Maletich of Cawley CRE represented the buyer. Maletich and colleague Matt Garland have been retained as the leasing brokers.
HUMBLE, TEXAS — Partners Real Estate has brokered the sale of a 10,350-square-foot industrial building in Humble, a northern suburb of Houston. According to LoopNet Inc., the freestanding building at 19742 Carver Ave. was completed in 2024 and features 18-foot clear heights. Wyatt Huff and Hunter Stockard of Partners represented the seller, Mulla Properties LLC, in the transaction. The buyer, an entity doing business as #1 Tires & Auto Hub, also plans to occupy the building.
BOSTON — Newmark has arranged the $113.5 million sale of two retail properties in Boston’s Back Bay neighborhood. The properties are located at 4-6 and 28 Newbury St. and were custom-designed to house flagship stores of luxury retailers Chanel and Cartier, respectively. The Chanel store spans 10,328 square feet across two stories, and the Cartier store totals 18,942 square feet. Robert Griffin, Geoffrey Millerd and Paul Penman of Newmark represented the seller, ASG Equities, in the transaction. The team also procured the buyer, a joint venture between Acadia Realty Trust and Osiris Ventures. Alex Foshay, Victoria Radman, Casey O’Brien and Christian Reenstierna, also with Newmark, provided support on the deal.
HARTFORD COUNTY, CONN. — JLL has brokered the sale of the New England Tradeport Shallow Bay Portfolio, a collection of nine industrial buildings totaling 641,631 square feet in Hartford County. The portfolio features an average building size of 71,292 square feet, average vintage of 1997 and an average clear height of 25 feet. John Huguenard, Michael Restivo, David Coffman, Tommy Hovey and Shawn McMahon of JLL represented the seller, INDUS Realty Trust, in the transaction. The buyer and sales price were not disclosed. The portfolio was 98 percent leased to 19 tenants at the time of sale.
MEMPHIS, TENN. — Provident Industrial, a division of Dallas-based Provident, has acquired a 13-property industrial portfolio across the Memphis area totaling more than 2.5 million square feet. Case Van Lare and Christopher Martin led the Provident Industrial team in the transaction. The firm plans to hold the portfolio as a long-term investment opportunity. The seller and sales price were not disclosed, but the Memphis Business Journal reports that the seller was Blackstone Real Estate Income Trust Inc. and that 11 assets within Shelby County, Tenn., sold for $115 million. The outlet also reports that Provident Industrial purchased 33.7 acres in DeSoto County, Miss. Tenants within the portfolio include The Home Depot, UPS, Northstar and GXO, according to Memphis Business Journal.
SAN FRANCISCO — Ballast has purchased three historic multifamily buildings in San Francisco for $48.5 million. Collectively known as the Three Sisters, the properties are located along the Van Ness corridor and the border of the Pacific Heights neighborhood. The thee adjacent six-story buildings offer a total of 110 units in a mix of studio, one- and two-bedroom layouts, along with two ground-floor commercial retail spaces. At the time of sale, the Three Sisters portfolio was 97 percent occupied. Built in 1928, the portfolio features richly preserved architectural detailing, grand lobby space, elevator service, laundry facilities, access to a large shared courtyard and proximity to Polk Street restaurants, shopping, public transportation, Lafayette Park and Alta Plaza Park.