Monday, June 22, 2026
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Acquisitions

AcquisitionsCivicDistrict of ColumbiaSoutheast

Freedom Forum Sells Newseum Building in D.C. to John Hopkins University for $372.5M

by Alex Tostado

WASHINGTON, D.C. — Freedom Forum has sold 555 Pennsylvania Ave., the building that houses Newseum, to John Hopkins University for 372.5 million. The private research university plans to use the 475,000-square-foot property as a consolidated center for its D.C.-based graduate programs. Freedom Forum is the creator and primary funder of Newseum, and in August 2017 announced that it was open to multiple options to fund or sell the museum focused on increasing public understanding of the importance of a free press and the First Amendment. Newseum will remain open through the end of the year.

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AcquisitionsRetailSoutheastTennessee

Branch, Crosland Southeast Sell One Bellevue Place in Nashville to MetLife for $93M

by Alex Tostado

NASHVILLE, TENN. — Branch Properties LLC and Crosland Southeast have sold One Bellevue Place, a 355,240-square-foot power retail village in Nashville’s Bellevue neighborhood. MetLife acquired the asset for $93 million. Located at 7620 Highway 70 South, the shopping center is part of a redevelopment of the former Bellevue Center mall that now includes retail, entertainment venues, hotel rooms, office space, residential units and the training facility for the NHL’s Nashville Predators. The retail asset is anchored by Carmike Cinemas, Burlington Coat Factory, Sprouts Farmers Market, HomeGoods, Michaels, Ross Dress for Less, PetSmart, Off Broadway Shoes, Ulta Beauty and Kirkland’s. In December, Southeast Real Estate Business reported that Novel Bellevue Place, the 337-unit residential community within One Bellevue Place, was sold. CBRE represented the sellers in the transaction.

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AcquisitionsMultifamilyNorth CarolinaSoutheastStudent Housing

Preiss, Nuveen Acquire 525-Bed Student Housing Community Near North Carolina State

by Alex Tostado

RALEIGH, N.C. — A joint venture between The Preiss Co. and Nuveen Real Estate has acquired Signature 1505, a 525-bed student housing community located near North Carolina State University in Raleigh. The property offers one-, two-, three- and four-bedroom units with bed-to-bath parity. Shared amenities include a resort-style swimming pool, fitness center and 24-hour study and conference areas. Terms of the transaction and the seller were undisclosed.

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AcquisitionsMassachusettsMultifamilyNortheast

NKF Negotiates $123.2M Sale of Apartment Tower in Boston

by David Cohen

BOSTON — NKF has negotiated the $123.2 million sale of Serenity, a 195-unit apartment building in Boston. Located in the Jamaica Plain neighborhood of Boston, Serenity was completed in 2017 and features a two-story, dual-entrance lobby, lounge, elevated pool deck, private courtyard and fitness center. Michael Byrne, Thomas Greeley, Casey Griffin, Devlin Man and Andrew Herald of NKF’s Boston Capital Markets team represented the seller, Longwood Group, in the transaction. The buyer was Oxford Properties Group.

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AcquisitionsIndustrialNortheastPennsylvania

Endurance Real Estate Acquires Distribution Facility in Pennsylvania for $23.7M

by David Cohen

BENSALEM, PA. — Endurance Real Estate Group has acquired 450 Winks Lane, a 430,373-square-foot warehouse and distribution center in Bensalem for $23.7 million. The property is currently 97 percent leased to three tenants, National Refrigeration Inc., Rolled Metal Products Inc. and Brenner Aerostructures LLC. Gerry Blinebury, Gary Gabriel, Kyle Schmidt and Jonas Skovdal of Cushman & Wakefield represented the seller, Ivy Realty LLC, in the transaction. Built in 1973 and renovated in 2018, the property includes clear heights of up to 40 feet, LED lighting, 38 dock-high loading doors and six drive-in doors. National Refrigeration, Rolled Metal Products and Brenner Aerostructures utilize the facility for manufacturing, warehousing and distribution.

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AcquisitionsRetailTexas

SRS Arranges Sale of 171,318 SF Shopping Center in San Antonio

by Taylor Williams

SAN ANTONIO — SRS Real Estate Partners has arranged the sale of Military Crossing, a 171,318-square-foot shopping center in San Antonio. Anchored by Academy Sports + Outdoors, the center was 99 percent occupied at the time of sale to tenants such as BioLife Plasma Services, Harbor Freight Tools, Chase and Firehouse Subs. LA Fitness is also an anchor tenant at the center, but that property was not included in the sale. Webb Sellers, Kyle Stonis, Matthew Mousavi and Patrick Luther of SRS represented the seller, Santikos Real Estate, in the transaction. Eric Lehman of Lehman Real Estate represented the buyer, Nooner Holdings.  

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AcquisitionsMultifamilyTexas

TIC2 Holding Acquires 70-Unit Apartment Community in Arlington

by Taylor Williams

ARLINGTON, TEXAS — TIC2 Holding LLC has acquired Tuscany Square Apartments, a 70-unit multifamily community in Arlington. The property features one- and two-bedroom units and amenities such as a pool, playground and outdoor grilling area. Dougherty Mortgage provided an undisclosed amount of Fannie Mae acquisition financing for the deal through a partnership with Old Capital Lending. The loan carried a 12-year term and a 30-year amortization schedule.

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AcquisitionsDevelopmentIndustrialNew JerseyNortheast

CBRE Brokers $8M Sale of Development Site in Lyndhurst, New Jersey

by David Cohen

LYNDHURST, N.J. — CBRE has brokered the $8 million sale of a five-acre development site in Lyndhurst. Located at 1290 Wall St., the property can accommodate up to 85,400 square feet of warehouse and distribution space. Brian Fiumara, Michael Hines, Brad Ruppel, Lauren Dawicki and Thomas Monahan of CBRE represented the seller, Rugby Realty Co., in the transaction. The buyer was Gramercy Property Trust.

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AcquisitionsIndustrialTexas

G-Tech Buys 32,606 SF Industrial Property in Brookshire, Texas

by Taylor Williams

BROOKSHIRE, TEXAS — G-Tech Development LLC has acquired a 32,606-square-foot industrial property located at 35002 Cooper Road in Brookshire, about 40 miles west of Houston. Reed Vestal and Taylor Schmidt of Lee & Associates represented the seller, Koomey Building LLC, in the transaction. Glen Dickerson of NewQuest Properties represented the buyer.

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AcquisitionsMultifamilyOklahomaTexas

CBRE Negotiates Sale of 32-Unit Apartment Complex in Oklahoma City

by Taylor Williams

OKLAHOMA CITY — CBRE has negotiated the sale of a Flamingo Apartments, a 32-unit multifamily complex in Oklahoma City. Formerly known as University Manor, the property was built in 1961 and renovated in 2017. CBRE represented the seller, an affiliate of Oklahoma City-based boutique real estate development and design company, Nostalgia Shoppe. The buyer, Flamingo Holdings LLC, acquired he asset through a Freddie Mac Small Balance Loan.

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