Acquisitions

Cushman & Wakefield Arranges $28.5M Receivership Sale of Multifamily, Retail Property in Chicago

by Kristin Harlow January 13, 2026

CHICAGO — Cushman & Wakefield has arranged the $28.5 million receivership sale of 1900 W Lawrence, a boutique multifamily property in Chicago’s Ravenswood neighborhood. The asset features 59 luxury apartment units and more than 19,000 square feet of ground-level retail space. Located at 1900 W. Lawrence Ave., the building is a former Sears store that was redeveloped in 2021. At the time of sale, the property’s retail space was fully occupied by tenants such as DeVry University and Club Pilates, and the residential units were 94 percent full. The four-story building includes a mix of one-, two- and three-bedroom floor plans, with the second floor consisting of townhome-style units. Each floor includes amenity spaces catered toward remote work and social gatherings. Jack Maloney and Brad Smith of Cushman & Wakefield represented the seller, Matthew Tarshis of Frontline Real Estate Partners, a court-appointed receiver in the matter.

January 13, 2026

Acquisitions Indiana Industrial Midwest

Marcus & Millichap Negotiates $6.7M Sale of Indianapolis Industrial Facility

by Kristin Harlow January 13, 2026

INDIANAPOLIS — Marcus & Millichap has negotiated the $6.7 million sale of a 51,989-square-foot industrial property in Indianapolis. Located at 3823 E. Massachusetts Ave., the facility was fully renovated in 2022 and is net leased to Service Electric Co., a subsidiary of Quanta Services. The building features a clear height of 36 feet, 17 drive-in doors, one dock door and high-capacity power. Gus Poulos, Forest Bender and Joseph DiSalvo of Marcus & Millichap represented the local seller and procured the out-of-market buyer.

January 13, 2026

Acquisitions Illinois Midwest Multifamily Office

Greenstone Partners Brokers $5.4M Sale of Chicago Office Building Slated for Apartment Conversion

by Kristin Harlow January 13, 2026

CHICAGO — Greenstone Partners has brokered the sale of 401 West Ontario Street, a 48,000-square-foot office building in Chicago’s River North neighborhood. The loft-style building features zoning that supports multifamily redevelopment. Jordan Multack of Greenstone represented the buyer, a private, Chicago-based development group. According to Greenstone, the buyer was drawn to the building’s efficient and flexible floor plates, value-add conversion potential and onsite indoor parking.

January 13, 2026

Acquisitions Retail Texas

Oxford Properties, Pine Tree Acquire 1 MSF Retail Portfolio in Metro Austin

by Taylor Williams January 12, 2026

GEORGETOWN AND CEDAR PARK, TEXAS — A joint venture between global investment firm Oxford Properties Group and Pine Tree, a retail operator based in Chicago, has purchased a portfolio of two open-air retail centers totaling approximately 1 million square feet in metro Austin. Wolf Ranch Town Center totals roughly 633,000 square feet and is located in the northern suburb of Georgetown. Lakeline Plaza totals roughly 386,000 square feet and is located in Cedar Park, another northern suburb of Austin. Both centers are home to an array of national retailers such as Target, T.J. Maxx, Best Buy and Ulta Beauty. Kyle Minter and Conor Lalor of Newmark brokered the deal. The seller and sales price were not disclosed.

January 12, 2026

Acquisitions Industrial Self-Storage Texas

Versal Arranges Sale of 693-Unit Self-Storage Facility in Bryan, Texas

by Taylor Williams January 12, 2026

BRYAN, TEXAS — Self-storage brokerage firm Versal has arranged the sale of a 693-unit facility in the Central Texas city of Bryan that is operated under the Lone Star Storage brand. The property, which totals 91,150 net rentable square feet, was sold as part of a larger, family-owned portfolio. Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal represented the Texas-based seller in the transaction. The team also procured the buyer, North Carolina-based Morningstar Properties.

January 12, 2026

Acquisitions Retail Texas

Big V, Principal Buy 355,000 SF Shopping Center in Cypress, Texas

by Taylor Williams January 12, 2026

CYPRESS, TEXAS — Charlotte-based Big V Property Group and Principal Asset Management have purchased Fairfield Town Center, a 355,000-square-foot shopping center in Cypress, located on the northwestern outskirts of Houston. The open-air center was roughly 99 percent leased at the time of sale to tenants such as Academy Sports + Outdoors, Cinemark, H-E-B, Kohl’s, Ross Dress for Less, Marshalls, HomeGoods and Old Navy. The seller and sales price were not disclosed.

January 12, 2026

Acquisitions Multifamily Nevada Western

Berkadia Negotiates $41M Sale of Multifamily Community in Reno, Nevada

by Amy Works January 12, 2026

RENO, NEV. — Berkadia has arranged the sale of The Element, a garden-style apartment property in Reno. A Los Angeles-based private owner sold the asset to a private buyer for $41 million. Jared Glover of Berkadia Nevada represented the seller in the deal. Built in 1975 and 1977, The Element features 206 apartments and walkable proximity to Whole Foods Market, Target and a variety of restaurant and retail offerings.

January 12, 2026

Acquisitions California Multifamily Western

Matthews Brokers $16.1M Sale of Apartment Property in Huntington Beach, California

by Amy Works January 12, 2026

HUNTINGTON BEACH, CALIF. — Matthews Real Estate Investment Services has directed the purchase of Mora Kai Apartment Homes, a multifamily property located at 18881 Mora Kai Lane in Huntington Beach. A local private value-add investor acquired the asset from an undisclosed seller for $16.1 million in an off-market transaction. Situated on 2.7 acres, Mora Kai Apartments features 12 residential buildings offering a total of 42 two- and three-bedroom townhome-style apartments. According to Matthews, the property offers more than 60 percent rental upside potential through interior renovations and rental repositioning, as in-place rents are currently well below market. The buyer plans to implement a strategic capital program to increase rents, stabilize operations and refinance into long-term debt. Kyle Mirrafati of Matthews represented the buyer in the transaction. Matthews Capital Markets secured nonrecourse, 24-month bridge financing at an 80 percent loan-to-cost ratio for the buyer.

January 12, 2026

Acquisitions Colorado Multifamily Seniors Housing Western

SLIB Arranges Sale of 44-Bed Skilled Nursing Facility in Burlington, Colorado

by Amy Works January 12, 2026

BURLINGTON, COLO. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a 44-bed skilled nursing facility in Burlington, a city in eastern Colorado. The building totals roughly 25,003 square feet. A group of California-based investors sold the property to a Colorado-based owner and operator for an undisclosed price. Vince Viverito, Jason Punzel, Jeff Binder and Nick Cacciabando of SLIB brokered the transaction.

January 12, 2026

Acquisitions Net Lease New Mexico Restaurant Retail Western

Mavin Capital Sells Buffalo Wild Wings-Occupied Property in Farmington, New Mexico for $2.8M

by Amy Works January 12, 2026

FARMINGTON, N.M. — Mavin Capital has completed the disposition of a single-tenant restaurant property located at 2700 E. Main St. in Farmington. FCPT Acquisitions LLC c/o Four Corners Property Trust purchased the property for $2.8 million. Buffalo Wild Wings occupies the 6,178-square-foot building, which includes a drive-thru, ample parking and prominent frontage on Main Street, on a triple-net lease basis. Cushman & Wakefield’s Chris Hollenbeck and Shane Carter, along with local broker of record Brett Preston of PIRES International (part of the Cushman & Wakefield Alliance), represented the seller in the transaction.

January 12, 2026

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