Saturday, July 19, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Acquisitions

Arioso-Cupertino-CA
AcquisitionsCaliforniaMultifamilyWestern

Pacific Urban Investors Purchases 201-Unit Arioso Multifamily Community in Silicon Valley

by Amy Works

CUPERTINO, CALIF. — Palo Alto, Calif.-based Pacific Urban Investors has purchased Arioso, an apartment property in the Silicon Valley city of Cupertino. Los Angeles-based CIM Group sold the community for an undisclosed price. Built in 1998, the three-story podium-style community offers 201 one- and two-bedroom floor plans, averaging 1,015 square feet. Community amenities include a leasing office, fitness center, business center, swimming pool and a spa. Arioso’s monthly rental rates range from $3,351 to $10,185, according to Apartments.com.

Continue Reading
FacebookTwitterLinkedinEmail
Northwest-Coporate-Park-Building-11-Portland-OR
AcquisitionsIndustrialOregonWashingtonWestern

EQT Exeter Buys Three-Building Pacific Northwest Industrial Portfolio for $49.9M

by Amy Works

KENT, WASH. AND PORTLAND, ORE. — EQT Exeter has acquired a three-building, 312,604-square-foot industrial portfolio in Kent and Portland from an institutional investor for $49.9 million. The portfolio consists of Kent 36 & 39, a 63,500-square-foot distribution building and a 42,022-square-foot small-bay industrial building in Kent, as well as Northwest Corporate Park Building 11, a 207,082-square-foot distribution building in Portland. Brett Hartzell, Paige Morgan, Andrew Stark, Stuart Skaug and Cara Nolan of CBRE represented the undisclosed seller in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
4888-N-Stone-Ave-Tucson-AZ.jpg
AcquisitionsArizonaHealthcareOfficeWestern

Meridian Acquires Vacant 94,569 SF Medical Office Building in Tucson for $8M

by Amy Works

TUCSON, ARIZ. — Meridian, a full-service real estate developer and owner of medical real estate, has purchased a medical office building located at 4888 N. Stone Ave. in Tucson. An affiliate of Tenet Health sold the asset for $8 million. Situated on 9.2 acres, the 94,569-square-foot property was vacant at the time of sale. Meridian plans to renovate and upgrade the facility, which has sat vacant for 15 years. The company will convert the former inpatient cardiovascular hospital into a health center for El Rio Health, a Federally Qualified Health Center, which will occupy the building. Construction is slated to start by the end of the month, with completion scheduled for early 2026. Rick Kleiner of Cushman & Wakefield | PICOR represented the buyer and tenant, while Vince Femiano and Kate Morris of Transwestern represented the seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyNew JerseyNortheast

Redwood Realty Negotiates $6.6M Sale of Jersey City Apartment Building

by Taylor Williams

JERSEY CITY, N.J. — Locally based brokerage firm Redwood Realty Advisors has negotiated the $6.6 million sale of Common on Pine, a 16-unit apartment building in Jersey City. Common on Pine was completed earlier this year and offer amenities such as a fitness center and a rooftop lounge, as well as one ground-floor commercial space. Steve Matovski of Redwood represented the seller, an entity doing business as 327 Communipaw LLC, in the transaction and procured the undisclosed buyer.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMassachusettsMultifamilyNortheast

Marcus & Millichap Brokers $4M Sale of Boston Multifamily Portfolio

by Taylor Williams

BOSTON — Marcus & Millichap has brokered the $4 million sale of a 12-unit multifamily portfolio in the Dorchester area of Boston. The Fuller Street Portfolio comprises two six-unit buildings at 46-48 and 301-305 Fuller St. and a vacant buildable lot. Evan Griffith and Tony Pepdjonovic of Marcus & Millichap represented the seller and procured the buyer, both of which were private investors that requested anonymity, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsGeorgiaIndustrialLoansSoutheastTennesseeTop Stories

CBRE Arranges $188.3M in Acquisition Financing for 1.9 MSF Industrial Portfolio in Atlanta, Nashville

by Kristin Harlow

ATLANTA AND NASHVILLE, TENN. — CBRE has arranged $188.3 million in acquisition financing for a 24-building industrial portfolio totaling 1.9 million square feet in metro Atlanta and Nashville. Philadelphia-based Stoltz Real Estate Partners was the borrower. The previous owner was not disclosed. The properties range in size from 12,600 to 222,683 square feet and were built between 1974 and 1998. The portfolio was 93 percent leased at the time of sale to 80 tenants with a weighted average lease term of 3.6 years. The 17 Atlanta-area assets total a little over 1 million square feet and are situated in last-mile locations. The Atlanta market offers industrial users convenient access to I-75, I-85, I-20 and the Hartsfield-Jackson Atlanta International Airport. Additionally, the Port of Savannah is approximately 250 miles away. The seven Nashville properties total 866,053 square feet and are home to 15 tenants. The Nashville market offers convenient access to 24 states and is situated within a one-day truck drive of 75 percent of U.S. markets, according to CBRE. Brian Linnihan, Mike Ryan, Richard Henry and Taylor Crowder of CBRE arranged the financing through Starwood Property Trust. Loan terms were not provided. Stoltz currently owns and manages approximately 16 million …

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsFloridaRetailSoutheast

Cushman & Wakefield Arranges Sale of 222,406 SF Shopping Center in Brandon, Florida

by John Nelson

BRANDON, FLA. — Cushman & Wakefield has arranged the sale of The Collection at Brandon Boulevard, a 222,406-square-foot shopping center in Brandon. Tenants at the property, which was fully leased at the time of sale, include Home Centric, Crunch Fitness, Chuck E. Cheese and Kane’s Furniture. Substantially redeveloped in 2019, the property features three outparcels and a 30,000-square-foot anchor space that is currently unoccupied but subject to a long-term lease with Kroger. Mark Gilbert, Adam Feinstein and Mitchell Halpern of Cushman & Wakefield represented the seller, an affiliate of SITE Centers Corp., in the transaction. Alto Real Estate Funds was the buyer.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsLouisianaSeniors HousingSoutheast

Blueprint Negotiates Sale of Central Louisiana Seniors Housing Property

by John Nelson

ALEXANDRIA, LA. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Regency House Alexandria, an assisted living and skilled nursing community in Alexandria, a city in Central Louisiana that lies on the south bank of the Red River. The seller was a local owner-operator. The buyer, a national owner-operator with an existing presence in Louisiana and experience with HUD’s transfer of physical assets (TPA) process, which involves the assumption of a HUD-insured loan, purchased the asset for an undisclosed price. Regency House Alexandria consists of 10 assisted living beds and 60 skilled nursing beds and only accepts Medicare and private pay as sources of payment.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsRetailTexas

Disney Investment Group Arranges Sale of 57,812 SF Valley Square Shopping Center in Metro Dallas

by Taylor Williams

LEWISVILE, TEXAS — Locally based brokerage firm Disney Investment Group (DIG) has arranged the sale of Valley Square, a 57,812-square-foot shopping center located in the northern Dallas suburb of Lewisville. The center was fully leased to 21 tenants at the time of sale. David Disney and Adam Crockett of DIG represented the seller, Dallas-based LRIC Properties, in the transaction. Will Walters of DuWest Realty represented the undisclosed buyer, which purchased the asset via a 1031 exchange.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestOffice

Namdar Realty Group, Mason Asset Management Acquire One North LaSalle Office Tower in Chicago

by Kristin Harlow

CHICAGO — Namdar Realty Group and Mason Asset Management have acquired One North LaSalle, a 493,738-square-foot office tower along the LaSalle Street corridor in downtown Chicago, through a deed-in-lieu of foreclosure. Built in 1929, the property was renovated in 2017. Once recognized as the city’s tallest structure, One North LaSalle was designated a Chicago landmark in 1996 and added to the National Register of Historic Places in 1999. The property features “The Landmark” on the 25th floor, which houses a fitness center, conference rooms and a tenant lounge with outdoor terrace. The ownership transition is part of a broader strategy to enhance the building’s appeal. Andy DeMoss of Bradford Allen will continue to lead leasing efforts for the asset. Recent lease signings have included Flanagan Bilton, Youth Guidance, Second Sense, Collins Bargione & Vuckovich, Symmetry Counseling, Reifers Holmes & Peters, Wolf Point Engineers and SRF Consulting Group.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts