Acquisitions

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DALLAS — Broe Real Estate Group has acquired Maple Terrace Residences, a 22-story, 345-unit apartment tower in Uptown Dallas. A partnership between Houston-based Hines, Mitsui Fudosan American and McNair Interests developed the building, which opened in 2024. Maple Terrace Residences is part of a larger mixed-use development that is an adaptive reuse project of historic buildings along Maple Avenue. Units come in studio, one-, and two-bedroom floor plans and include penthouse offerings. Amenities include a pool, library and lounge, fitness center, clubroom with a kitchen, media and gaming lounge, a secret garden, dog park and concierge services. JLL brokered the sale of the property. The sales price was not disclosed.

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DALLAS — Granite Properties has sold Factory Six03, a 215,111-square-foot office building in the West End area of Dallas. Granite opened FactorySix03 in 2017 as a redevelopment of a 114-year-old historic building that originally housed the headquarters of the Brown Cracker and Candy Co. and subsequently served as a warehouse, marketplace and movie theater. Today, the building is 78 percent leased, with Sam’s Club and Blue Cross Blue Shield serving as the anchors. Todd Savage, Russell Ingrum, Jared Chua, Kelsey Shebay, Matt Murphy, Cole Sutter and Kiana Nemati of Cushman & Wakefield represented Granite in the transaction. The buyer was Houston-based investment firm The Deal Company (DealCo.)

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BOSTON — Breakthrough Properties, which is a joint venture between New York City-based Tishman Speyer and Bellco Capital, has completed the sale of a development site at 232 A St. in South Boston to P&G Gillette. The locally based shaving products company previously announced plans to establish its new Grooming Headquarters & Technical Innovation Center at the site, an initiative valued at roughly $1 billion.Breakthrough originally acquired the 2.4-acre site in 2021 for $80 million and subsequently secured approval for a 325,000-square-foot research and development campus with 1.5 acres of public space, including a waterfront park on the Fort Point Channel. Jonathan Varholak of CBRE led the brokerage team that facilitated the land sale.

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MALDEN, MASS. — Marcus & Millichap has brokered the sale of a 717-unit self-storage facility in Malden, located north of Boston. Extra Space Storage operates the facility, which totals 74,795 net rentable square feet and was roughly 91 percent occupied at the time of sale. Nathan Coe, Gabriel Coe, Brett Hatcher and Thomas Shihadeh of Marcus & Millichap represented the seller, Calare Properties, in the transaction and procured the buyer, Hearthfire Holdings. The sale also included a 25,095-square-foot warehouse that is fully leased to Canadian logistics company UniUni and a 3,400-square-foot kiosk.

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WILDWOOD, FLA. — JLL has brokered the sale of The Juliette, a 330-unit multifamily community located at 6629 Dan Diciolla Drive in Wildwood. The buyer, Centennial Holding Co. LLC, purchased the property from an undisclosed seller. Cliff Taylor, Joe Ayers, Kyle Butler and Ted Taylor of JLL represented the seller and procured the buyer in the transaction. Additionally, Melissa Quinn and Matt Kafka, also with JLL, originated a seven-year Freddie Mac acquisition loan for Centennial Holding. The sales price and loan amount were not disclosed. Built in 2024, The Juliette sits on 21.8 acres near The Villages master-planned community in Central Florida and was 96 percent occupied at the time of sale. The property comprises 288 apartments and 42 townhomes averaging 971 square feet in size. Outdoor amenities include a pool, pavilion with a cabana, golf cart parking, dog park, community garden, lakeside nature trail with direct access to Millennium Park and an outdoor game area featuring bocce ball, cornhole, billiards, foosball and table tennis. Indoor amenities include a fitness center and a business center with flexible office spaces available for daily or monthly rental.

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OTHELLO, WASH. — Marcus & Millichap has brokered the sale of Coventry House, a 64-unit seniors housing community located in Othello in southeastern Washington. A Washington-based owner and operator with a portfolio of more than 10 senior living communities in the state purchased the property for an undisclosed price. Michael Mooney, Nick Stahler, Chad Mundy and Joel Deis of Marcus & Millichap brokered the transaction on behalf of the seller, an owner and operator preparing for retirement. The 50,456-square-foot community features 48 assisted living and 16 independent living units. Amenities at the property, which was built in 2003, include landscaped courtyards, walking paths and dining and activity areas.  

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LINCOLNWOOD, ILL. — JLL Capital Markets has arranged the $212.5 million sale and financing of The Carrington at Lincolnwood, a 383-unit senior living community in Lincolnwood. JLL’s national seniors housing capital markets team represented the seller, a partnership of LAMB Properties, Harbert South Bay Partners and its capital partners. Senior Resource Group (SRG) and Nuveen Real Estate purchased the property. JLL arranged a five-year acquisition loan through a national bank on behalf of the buyers. The transaction represents one of the largest single-asset senior living sales nationally in 2026 and marks SRG’s entry into the Chicago market, according to JLL. SRG will assume management responsibilities from Momentum Senior Living. Built in 2018, The Carrington at Lincolnwood features two interconnected four-story buildings with 251 independent living units, 88 assisted living units and 44 secured memory care units. Amenities include an indoor pool, movie theater, wellness gym, sports bar, game room with billiards, a salon, café and bistro, libraries with computer stations, a creative arts studio, worship areas, indoor garage parking and a dog park.  

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SHEBOYGAN, WIS. — Cushman & Wakefield has brokered the $44 million sale of The Corridor, a 240-unit multifamily property in Sheboygan, about 55 miles north of Milwaukee. Chicago-based Midloch Investment Partners sold the asset to Axiom Properties. The community was approximately 97 percent occupied at the time of sale. Brad Smith, Jack Maloney and Ralph Depasquale of Cushman & Wakefield’s multifamily advisory group represented the seller in the transaction, which attracted 25 offers from institutional, national, regional and private buyers. The sale also includes an in-place tax-increment financing agreement that reimburses 65 percent of the incremental property tax through 2028 and enhances cash flow for the owner. Completed in 2021 on 13.4 acres, The Corridor features one-, two- and three-bedroom residences across three buildings. Amenities include a fitness center, resident lounge, community room, dog park, outdoor gathering space, playground and parking. The apartments feature granite countertops, stainless steel appliances, luxury vinyl plank flooring, in-unit washers and dryers and select private balconies.

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INDIANAPOLIS — Marcus & Millichap has negotiated the $18.1 million sale of Directors Row Business Center, an eight-building office and flex industrial campus in Indianapolis. Gus Poulos and Forest Bender of Marcus & Millichap represented the seller, South Carolina-based Ziff Real Estate Partners. Bender and Zach Rogers, also from The Bender Group out of the firm’s Indianapolis office, procured the Michigan-based buyer. Located at the entrance to Park Fletcher near Indianapolis International Airport, Directors Row Business Center comprises 214,200 square feet across six industrial buildings and two office buildings. The campus features 39 suites and is 91 percent occupied.

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MARIETTA, GA. — Acento Partners has acquired Legacy at West Cobb, a 395-unit multifamily property located at 2665 Favor Road SW in Marietta, a northern suburb of Atlanta, from Aspen Square Management. The apartment complex was 88 percent occupied at the time of the sale. Andrew Mays and Paul Vetter of Berkadia’s Atlanta office represented the Massachusetts-based seller in the transaction. The sales price was not disclosed. Legacy at West Cobb was built in 1970 and renovated in 2021. The apartment complex offers one-, two-, three- and four- bedroom floor plans averaging 1,139 square feet in size. The community also includes rental townhome-style residences, with 17 percent of units configured in townhome layouts.

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