Wednesday, April 8, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Acquisitions

Starbucks-Pomona-CA
AcquisitionsCaliforniaNet LeaseRestaurantRetailWestern

Hanley Investment Group Arranges $4.6M Sale of Single-Tenant Retail Property in Metro Los Angeles

by Amy Works

POMONA, CALIF. — Hanley Investment Group Real Estate Advisors has arranged the $4.6 million sale of a newly renovated, single-tenant retail property located in Pomona, roughly 30 miles east of downtown Los Angeles. Bill Asher and Jeff Lefko of Hanley Investment Group represented the seller, Los Angeles-based LA Icon LLC, while Brad Freeman of Freeman & Associates represented the buyer, a private investor also based in Los Angeles. Starbucks Coffee occupies the 1,650-square-foot space on a 15-year, triple-net corporate lease with 10 percent rental increases every five years during the primary term. Originally constructed in 1977, the single-tenant building was converted from an independent fast food restaurant to Starbucks’ newest prototype.   

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestMultifamily

Interra Realty Brokers $5.1M Sale of Two-Building Multifamily Portfolio in Chicago

by Kristin Harlow

CHICAGO — Interra Realty has brokered the $5.1 million sale of 2156 and 2158 W. 21st St., two multifamily buildings totaling 24 units in Chicago’s Pilsen neighborhood. Jeremy Morton of Interra represented the confidential buyer and seller. The properties, which were fully occupied at the time of sale, were built in 1893 and renovated in 2023.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsHospitalityMidwestOhio

Laurel Real Estate Arranges Sale of Red Roof Inn Hotel in Clyde, Ohio

by Kristin Harlow

CLYDE, OHIO — Laurel Real Estate Co., a boutique commercial real estate brokerage and member of Hotel Brokers International, has arranged the sale of the Red Roof Inn hotel in Clyde, a city in northern Ohio. The seller engaged Laurel to manage the disposition as part of a broader portfolio restructuring. A local owner-operator was the buyer. Dan Uhl of Peachtree Group arranged acquisition financing.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsRetailTexas

CTO Realty Acquires 399,075 SF Retail Power Center in McAllen, Texas

by Taylor Williams

MCALLEN, TEXAS — CTO Realty Growth, a Florida-based REIT, has acquired Palms Crossing, a 399,075-square-foot retail power center in the Rio Grande Valley city of McAllen. Palms Crossing is an open-air center that was 98 percent leased at the time of sale to tenants such as Hobby Lobby, Restaurant Depot, Best Buy, Burlington, Barnes & Noble and Guitar Center. Barry Brown, Chris Gerard, Claudia Steeb and Erin Lazarus of JLL represented the seller, WPG (formerly known as Washington Prime Group), in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialSelf-StorageTexas

Versal Arranges Sale of 265-Unit Self-Storage Facility in Lancaster, Texas

by Taylor Williams

LANCASTER, TEXAS — Self-storage brokerage firm Versal has arranged the sale of a 265-unit facility in Lancaster, a southern suburb of Dallas. Lasoto Self Storage was built in the 1980s and spans 44,940 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal represented the seller and procured the buyer in the transaction. Both parties were Texas-based entities that requested anonymity. The sales price was also not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Industrial-Project-E-Vermont-Ave-Anaheim-CA
AcquisitionsCaliforniaDevelopmentIndustrialWestern

Western Realco Buys Fully Entitled Industrial Development Site in Anaheim, California for $40.7M

by Amy Works

ANAHEIM, CALIF. — Western Realco has purchased a fully entitled, 12.1-acre industrial site on East Vermont Avenue in Anaheim from Rexford Industrial for $40.7 million. The buyer will immediately begin demolition and construction to develop a 256,046-square-foot Class A industrial building. Completion is slated for late 2027. The new industrial building will feature a clear height of 36 feet, 39 dock-high doors, an ESFR sprinkler system, 4,000 amps of power and a fully enclosed truck court. Zach Niles, Louis Tomaselli and Steve Wagner of JLL represented the seller and buyer in the deal. Additionally, JLL was retained to market the new development for lease.

Continue Reading
FacebookTwitterLinkedinEmail
Tommy-Bahama-Shops-Mauna-Lani-HI
AcquisitionsHawaiiRestaurantRetailWestern

BH Properties Purchases 75,000 SF Shops at Mauna Lani on the Big Island of Hawaii

by Amy Works

WAIMAE, HAWAII — BH Properties has acquired The Shops at Mauna Lani, an open-air retail center at the entrance of Waikoloa Resort in Waimae. Terms of the transaction were not released. Tommy Bahama Restaurant & Bar, Island Hopper Taproom, Mauna Lani Coffee Co., Hawaiian Island Creations and Woodland Farms are tenants at the 75,000-square-foot property.

Continue Reading
FacebookTwitterLinkedinEmail
John-Winthrop-Apts-Seattle-WA.jpg
AcquisitionsMultifamilyWashingtonWestern

Kidder Mathews Brokers Sale of 79-Unit John Winthrop Apartments in Seattle

by Amy Works

SEATTLE — Kidder Mathews has arranged the sale of John Winthrop Apartments, a multifamily property located at 1020 Seneca St. in Seattle’s First Hill neighborhood. Nordic Partners Investments acquired the asset for an undisclosed price. Built in 1925, John Winthrop Apartments features 79 studio and one-bedroom apartments. Two units have been fully renovated, with the remaining 77 residences offering a value-add opportunity for the buyer. Dylan Smith, Jerrid Anderson and JD Fuller of Kidder Mathews’ Simon | Anderson Multifamily Team represented the seller and procured the buyer in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialLee & AssociatesTexas

Lee & Associates Brokers Sale of 64,406 SF Industrial Building in Flower Mound, Texas

by Taylor Williams

FLOWER MOUND, TEXAS — Lee & Associates has brokered the sale of a 64,406-square-foot industrial building in Flower Mound, located in the northern-central part of the metroplex. According to LoopNet Inc., the building at 500 Gerault Road was constructed in 2025 and features 32-foot clear heights. Adam Graham, Alex Wilson and Tomas Wilson of Lee & Associates represented the seller in the transaction. Bill de la Chapelle and Karla Orozco of eXp Commercial represented the buyer. Both parties requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestMultifamilyWisconsin

Marcus & Millichap Arranges $12.3M Sale of Multifamily Community in Manitowoc, Wisconsin

by Kristin Harlow

MANITOWOC, WIS. — Marcus & Millichap has arranged the $12.3 million sale of Evergreen Townhomes, a 76-unit rental townhome community in Manitowoc. Built in 1999, the property is situated on 2 acres at 4910 Benley Court and totals 91,200 rentable square feet. Dan Bowar of Marcus & Millichap represented the seller, a Florida-based investor, and procured the buyer, a Wisconsin-based investor.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts