Acquisitions

Berkadia Arranges Sale of 300-Unit Multifamily Apartment Complex in Lakeland, Florida

by Abby Cox August 1, 2025

LAKELAND, FLA. — Berkadia has arranged the sale of Bridgewater Grand, a 300-unit multifamily apartment complex located in Lakeland. David Etchison, Cole Whitaker, Jason Stanton and Mary Beale of Berkadia Central & North Florida led the transaction on behalf of the seller, TrimCor. Connecticut-based Hamilton Point Investments purchased the property for an undisclosed price. Situated on 31 acres at 5546 Autumn Ridge Road, Bridgewater Grand is a three-story, garden-style community featuring one-, two- and three-bedroom apartments ranging in size from 1,219 square feet to 1,853 square feet. Two- and three-bedroom floorplans comprise 92 percent of the units. Amenities at the pet-friendly community include 3,500 square feet of lake frontage, a zero-entry saltwater pool with a large sun deck, 24-hour fitness center, electric vehicle charging stations, a car care center and 56 garages available for rent. Additional amenities include a clubhouse with rentable conference room and event space, a café bar, business center, TV lounge, playground, bark park and a maintenance shop.

August 1, 2025

Acquisitions Florida Leasing Activity Office Southeast

SRS Arranges $4.8M Sale of Medical Office Property in Daytona Beach Leased to Florida Health Care Plan

by Abby Cox August 1, 2025

DAYTONA BEACH, FLA. — SRS Real Estate Partners has arranged the $4.8 million ground lease (land ownership) sale of a newly constructed, single-tenant medical office property located at 2655 LGPA Blvd. in Daytona Beach. Health insurance provider Florida Health Care Plan occupies the 7,500-square-foot building on a 20-year, corporate guaranteed, absolute triple-net lease. Patrick Nutt and William Wamble of SRS Capital Markets represented the seller, a Florida-based developer, as well as the 1031 buyer, a private investor, in the transaction.

August 1, 2025

Acquisitions Hospitality Indiana Midwest

Huff, Niehaus & Associates Arranges Sale of 119-Room Hampton Inn Hotel Near Louisville

by Kristin Harlow August 1, 2025

CLARKSVILLE, IND. — Huff, Niehaus & Associates Inc. has arranged the sale of the 119-room Hampton Inn Louisville-North/Clarksville hotel in Clarksville, a northern suburb of Louisville. The sales price was undisclosed. The property at 1501 Broadway St. is situated near downtown Louisville and the Kentucky International Convention Center. Kingdom Broadway LLC purchased the asset from HHB LLC. The new ownership, which owns eight hotels, plans a comprehensive renovation of the property.

August 1, 2025

Acquisitions Indiana Midwest Multifamily

Marcus & Millichap Negotiates $3.7M Sale of Multifamily Portfolio in Muncie, Indiana

by Kristin Harlow August 1, 2025

MUNCIE, IND. — Marcus & Millichap has negotiated the $3.7 million sale of a 49-unit multifamily portfolio in Muncie. The portfolio includes Randy’s Court, a 24-unit townhome community at 222 W. Centennial Ave. that was built in 1978; and Streeter Court Apartments, a 25-unit multifamily property at 111 E. Streeter Ave. that was built in 1994. Aaron Kuroiwa and Austin Meeker of Marcus & Millichap represented the seller, Streeter25 LLC, and procured the buyer, Deed Holdings – 5050 LLC.

August 1, 2025

Acquisitions Illinois Midwest Multifamily

SVN Chicago Commercial Brokers $2.8M Sale of Apartment Building in Bucktown Neighborhood

by Kristin Harlow August 1, 2025

CHICAGO — SVN Chicago Commercial has brokered the $2.8 million sale of a fully leased apartment building located at 1555 N. Milwaukee Ave. in Chicago’s Bucktown neighborhood. The property features 17 apartment units and one street-level retail space. Wayne Caplan and José Colón of SVN Chicago Commercial represented the seller. The asset sold to a local apartment owner at a cap rate of 6.88 percent. The deal closed within 5 percent of the asking price in under three months.

August 1, 2025

Acquisitions Development Kansas Midwest Restaurant Retail

Vietnam Cafe to Open Second Location in Overland Park, Kansas

by Kristin Harlow August 1, 2025

OVERLAND PARK, KAN. — Vietnam Cafe will open its second location at 9500 W. 135th St. in Overland Park. Bill Maas of Block & Co. Inc. Realtors represented the seller in the transaction. The Vietnamese restaurant’s first location is at 522 Campbell St. near the River Market in Kansas City. The menu features authentic pho, as well as dishes from chicken, beef, shrimp and vegetarian options. The new restaurant will occupy the 4,075-square-foot former Beef-A-Roo space. The property will undergo construction, with a proposed open date to be determined.

August 1, 2025

Acquisitions Development Multifamily Texas

Platte Canyon Capital Buys 268-Unit Allure Apartments in San Antonio, Plans $4.7M Renovation

by Taylor Williams July 31, 2025

SAN ANTONIO — Denver-based investment firm Platte Canyon Capital has purchased Allure Apartments, a 268-unit multifamily complex in San Antonio. The property was developed in phases on an 11.5-acre site on the city’s west side, with the first 116 units constructed in 1984 and another 152 delivered in 2017. Units come in one-, two- and three-bedroom floor plans. Amenities include a pool, fitness center, clubhouse, playground and grilling areas. Platte Canyon acquired Allure Apartments in partnership with an unnamed, Los Angeles-based institutional investment company in an off-market transaction. The new ownership plans to invest about $4.7 million in capital improvements to the property.

July 31, 2025

Acquisitions Retail Texas

Marcus & Millichap Brokers Sale of 39,618 SF Shopping Center in Carrollton, Texas

by Taylor Williams July 31, 2025

CARROLLTON, TEXAS — Marcus & Millichap has brokered the sale of Keller Springs Village, a 39,618-square-foot shopping center located in the northern Dallas metro of Carrollton. The 17-suite center sits on a 3.2-acre site at 2155 Marsh Lane and was fully leased at the time of sale to a mix of service-oriented tenants. Philip Levy of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

July 31, 2025

Acquisitions Florida Industrial Southeast

NAI Miami | Fort Lauderdale Brokers $52.9M Sale of New Industrial Facility in Hialeah, Florida

by John Nelson July 31, 2025

HIALEAH, FLA. — NAI Miami | Fort Lauderdale has brokered the $52.9 million sale of Countyline East Logistics Center, an industrial facility located at 16300 N.W. 97th Ave. in Hialeah, a suburb of Miami. An undisclosed buyer, which plans to fully occupy the 171,178-square-foot property, purchased the asset from the developer, a partnership between East Capital Partners and VLIETCO Enterprises. Countyline East was delivered earlier this year and features a fully secured truck court, approximately 6,000 square feet of office space and 36 clear heights. The design-build team for the facility included Miller Construction, Langan Engineering and Arcadis Architects. Gabriel Garcia-Menocal of NAI Miami | Fort Lauderdale represented the buyer in the transaction, and Devin White, David Albert and Mateo Coman of CBRE represented the seller.

July 31, 2025

Acquisitions Florida Office Southeast

Native Realty Negotiates $5M Sale of Office Building in Fort Lauderdale

by John Nelson July 31, 2025

FORT LAUDERDALE, FLA. — Native Realty has negotiated the $5 million sale of a 7,541-square-foot office building located at 201 SE 12th St. in Fort Lauderdale. The buyer, a locally based law firm doing business in the transaction as BJO of Fort Lauderdale LLC, plans to occupy the property. Jaime Sturgis and Kaley Tuning of Native Realty represented the seller, an entity doing business as Davie Blvd Office LLC, in the off-market transaction. Completed in 2018, the office building features large windows and surface parking options for tenants.

July 31, 2025

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