Acquisitions

Newmark Pacific Arranges $16.5M Sale of Link OC Retail Center in Anaheim

by Amy Works August 12, 2026

ANAHEIM, CALIF. — Newmark Pacific has arranged the $16.5 million sale of Link OC, a shopping center in Anaheim. An undisclosed seller sold the property to Northpond Acquisition. Located at 1071, 1081 and 1095 N. Tustin Ave., Link OC features 26,385 square feet of necessity-based retail space and was fully leased at the time of sale. Current tenants include Reborn Coffee, Wendy’s, Byblos Mediterranean Grill, Pampanga Food Co., Spin Poke & Grill and MD Clinics Urgent Care. The property was renovated in 2017. Pete Bethea, Glenn Rudy and Rob Ippolito of Newmark Pacific represented the seller in the deal.

August 12, 2026

Acquisitions Industrial Midwest Missouri Top Stories

Morgan Stanley Acquires 1.5 MSF Ace Hardware Distribution Center in Kansas City for $158.5M

by Kristin Harlow August 12, 2026

KANSAS CITY, MO. — Morgan Stanley Real Estate Investing (MSREI) has acquired a newly developed, 1.5 million-square-foot distribution facility in Kansas City for $158.5 million. The seller, Hunt Midwest, developed the Class A property as a build-to-suit for retailer Ace Hardware in 2025, marking the first phase of KCI 29 Logistics Park. Measuring a half-mile from end to end, the Ace Hardware retail supply center is the largest distribution center in Kansas City by building footprint, according to MSREI. The property features a cross-dock configuration, clear height of 40 feet and extensive power capacity. Ace Hardware has invested in state-of-the-art automation and warehouse technology for the development. KCI 29 Logistics Park, a 3,300-acre megasite, can support up to 20 million square feet of industrial development. The project is located at the intersection of I-29 and I-435, adjacent to the Kansas City International Airport. The immediate access to regional and national transportation networks offers companies the ability to reach 90 percent of the continental U.S. within two days or less, according to Hunt Midwest. “This acquisition reflects our continued conviction in high-quality net lease investments that combine strong tenant credit, mission-critical operations and institutional-quality real estate,” says David Gross, managing director …

August 12, 2026

Acquisitions Office Texas

JLL Negotiates Sale of 323,949 SF Office Campus in North San Antonio

by Taylor Williams August 11, 2026

SAN ANTONIO — JLL has negotiated the sale of Union Square, a two-building, 323,949-square-foot office campus located on the north side of San Antonio. Building I was constructed in 1986 and offers 192,763 square feet across 10 floors, and Building II, which was completed in 2006, houses 131,186 square feet across six floors. The campus was roughly 95 percent leased at the time of sale. Drew Fuller, Chuck King and Patrick McCord of JLL represented the seller, a joint venture led by local owner-operator Worth & Associates, in the transaction. A partnership led by SynerMark Properties that includes Tryperion Holdings purchased the property for an undisclosed price.

August 11, 2026

Acquisitions Industrial Texas

BGO Acquires 299,520 SF Industrial Portfolio in Katy, Texas

by Taylor Williams August 11, 2026

KATY, TEXAS — BGO, the institutional investment firm formerly known as BentallGreenOak, has acquired a two-property industrial portfolio totaling 299,520 square feet in the western Houston suburb of Katy. Known as Heritage West and completed earlier this year, the portfolio comprises front-load buildings totaling 90,480 and 209,040 square feet that feature 32- and 36-foot clear heights, respectively. BGO acquired the portfolio, which was fully leased at the time of sale, in partnership with Austin-based Harbor Capital. The seller and sales price were not disclosed.

August 11, 2026

Acquisitions Industrial Texas

Zenith IOS Buys 7.5-Acre Facility in Blue Mound, Texas

by Taylor Williams August 11, 2026

BLUE MOUND, TEXAS — Zenith IOS (industrial outdoor storage) has purchased a 7.5-acre facility in Blue Mound, a northern suburb of Fort Worth. The property at 1151-1201 Cantrell Sansom Road consists of three buildings totaling approximately 29,300 square feet with 12 drive-through bays and four dock-high loading doors. Andrew Wieseman of Nashville-based brokerage firm Matthews sourced the deal on behalf of Zenith, which acquired the facility as part of a larger portfolio deal that included properties in Duncanville, Texas, and Tulsa, Oklahoma. The seller and sales price were not disclosed.

August 11, 2026

Acquisitions Massachusetts Northeast Office

Onyx Partners Buys Historic Building in Metro Boston for New Headquarters

by Taylor Williams August 11, 2026

NEEDHAM, MASS. — Onyx Partners has purchased a historic building in Needham, a southwestern suburb of Boston, for its new headquarters. The regional investment and development firm will redevelop the former You-Do-It Electronics Center building at 40 Franklin St., which was completed in 1965 and closed in 2024. Plans call for a modernization of the building interior and exterior, the upgrading of utility and mechanical systems and the adding of new office finishes. A tentative completion date was not announced.

August 11, 2026

Acquisitions California Multifamily Western

Jackson Square Properties Acquires Multifamily Community in Marina del Rey, California for $170M

by Amy Works August 11, 2026

MARINA DEL REY, CALIF. — Affiliates of Jackson Square Properties have acquired Shores, an apartment property in the coastal city of Marina del Rey, from a company doing business as Shores LLC. The sales price was $170 million. Cox, Castle & Nicholson LLP served as counsel to the seller in the transaction, which is one of the largest commercial real estate transactions in Los Angeles County this year, according to the team that worked on the deal. Completed in 2013, Shores features 544 residences across 12 interconnected five-story buildings. The marina-adjacent property offers mostly one- and two-bedroom apartments as well as a resort-style amenity package centered around a 2.5-acre park-like courtyard with a pool, dual spas, fire pits, barbecue areas, bocce court and sky terraces. The transaction team included Rutan & Tucker as counsel to the buyer; Glaser Weil as counsel to the County of Los Angeles; JLL as sale broker; and First American Title Insurance Co.

August 11, 2026

Acquisitions Florida Hospitality Southeast

Ryman Hospitality Properties Agrees to Buy Grande Lakes Orlando Resort for Nearly $1.4B

by John Nelson August 11, 2026

ORLANDO, FLA. — Ryman Hospitality Properties Inc., a publicly traded hotel REIT based in Nashville, has entered into a definitive agreement to purchase Grande Lake Orlando Resort for approximately $1.4 billion from Trinity Investments. The 409-acre resort comprises a 1,010-room JW Marriott hotel, 582-room Ritz-Carlton hotel and an 18-hole championship golf course designed by Greg Norman. Amenities include 320,000 square feet of event and meeting space, 14 food-and-beverage options, the Grande Lakes Waterpark and a 40,000-square-foot spa and fitness center. Ryman plans to continue to operate the two hotels, which have recently received a combined $150 million renovation, under their Marriott-branded flags. Ryman expects to close the transaction in the third quarter, subject to customary closing conditions. BofA Securities and J.P. Morgan acted as financial advisors to Ryman, and Bass, Berry & Sims PLC and Greenberg Traurig, LLP acted as the firm’s legal advisors.

August 11, 2026

Acquisitions Kansas Midwest Multifamily

29th Street Capital Acquires 161-Unit Chestnut Heights Townhomes in Olathe, Kansas

by Kristin Harlow August 11, 2026

OLATHE, KAN. — Chicago-based real estate investment firm 29th Street Capital (29SC) has acquired Chestnut Heights Townhomes, a 161-unit townhome rental community in Olathe. The property will be managed by 29th Street Living, the company’s property management platform. 29SC partnered with Basis Investment Group’s BIG Equity Value-Add Fund II for limited partnership equity for the acquisition of the property and a capital improvement program. Located in Johnson County, Chestnut Heights offers two- and three-bedroom townhomes averaging 1,300 square feet. The community features attached garages and a variety of resident amenities.

August 11, 2026

Acquisitions Michigan Midwest Retail

SRS Brokers $6.9M Sale of Single-Tenant Retail Property in Kalamazoo, Michigan

by Kristin Harlow August 11, 2026

KALAMAZOO, MICH. — SRS Real Estate Partners has brokered the $6.9 million sale of a single-tenant retail property located at 2103 Parkview Ave. in Kalamazoo. D&W Fresh Market, operated by a subsidiary of C&S Wholesale, occupies the 29,000-square-foot building. Originally built in 1955, the property is situated on 2.3 acres. The current lease extends through Dec. 31, 2031, and includes three five-year renewal options that could extend occupancy through 2046. Jeff Gates of SRS represented the seller, a Toronto-based investor group. The buyer was an institutional investor. D&W Fresh Market has operated at the location for decades.

August 11, 2026

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