Tuesday, July 14, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Acquisitions

AcquisitionsGeorgiaIndustrialSoutheast

Newmark Brokers $40.2M Sale of Industrial Facility in Alpharetta, Georgia

by John Nelson

ALPHARETTA, GA. — Newmark has brokered the $40.2 million sale of a 251,729-square-foot industrial facility located at 3000 Marconi Drive in Alpharetta. Casey Keitchen, Collin BeVier, Barry Gabel, Chris Marchildon and C.J. Osbrink of Newmark represented the seller, JDM Partners, in the transaction. The buyer was not disclosed. The property offers 10 megawatts of power and was fully leased at the time of sale to a national property and casualty insurance provider, serving as one of the company’s national printing and imaging centers.

Continue Reading
FacebookTwitterLinkedinEmail
4645-E-Cotton-Center-Blvd-Phoenix-AZ
AcquisitionsArizonaOfficeWestern

Voit Negotiates $10M Sale of Multi-Tenant Office Building in Phoenix

by Amy Works

PHOENIX — Voit Real Estate Services has arranged the purchase of 4645 E. Cotton Center Boulevard, a multi-tenant office property in Phoenix. PRH XXXXV LLC, a private investor, acquired the asset for $10 million, or $86 per square foot, from an undisclosed seller. Situated within Cotton Corporate Center, the 116,858-square-foot property underwent $9.4 million in renovations and capital improvements over the past decade. Mike Bench of Voit represented the buyer, while Chris Toci, Eric Wichterman and Mike Coover of Cushman & Wakefield represented the seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyOregonSeniors HousingWestern

SLIB Arranges Sale of Vacant 44-Unit Seniors Housing Community in Metro Portland

by Amy Works

SANDY, ORE. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Mount Hood Senior Living, a vacant 44-unit assisted living and memory care community located in Sandy, roughly 30 miles southeast of Portland. Totaling 26,000 square feet, the property was updated in 2022. A local operator acquired the community, which it plans to reopen. Jason Punzel, Vince Viverito, Brad Goodsell, Jake Anderson and Taylor Graham of SLIB brokered the transaction. 

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsColoradoIndustrialWestern

Unique Properties Brokers $2.2M Sale of Industrial Property in Denver

by Amy Works

DENVER — Unique Properties/TCN Worldwide has arranged the $2.2 million sale of an industrial building located at 5101 Columbine St. in Denver. Sam Leger, Jack Gitlin and Graham Trotter of Unique Properties/TCN Worldwide represented the undisclosed seller in the deal. The name of the buyer was not released.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestMultifamily

Interra Realty Brokers Two Sales of Chicago Multifamily Properties for $13M

by Kristin Harlow

CHICAGO — Interra Realty has brokered the sales of two vintage apartment buildings in Chicago’s Lincoln Park neighborhood for a total of $13 million. The properties included 611-13 W. Arlington Place, a 23-unit asset built in 1927 that sold for $7.3 million, and 567-69 W. Arlington Place, a 14-unit building constructed in 1907 that traded for $5.7 million. Colin O’Malley of Interra represented the confidential seller of both properties. Joe Smazal and Mark Dykstra of Interra represented Hayes Properties, the buyer of 611-13 W. Arlington. The confidential buyer of the other property was self-represented. Both assets were fully occupied at the time of sale.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDevelopmentIllinoisMidwestRetail

Fortec to Redevelop Former Ambulance Warehouse in Metro Chicago into Early Education Center

by Kristin Harlow

VERNON HILLS, ILL. — Fortec has acquired a 15,040-square-foot former ambulance warehouse at 401 W. Sullivan Drive in the Chicago suburb of Vernon Hills. The $1.7 million acquisition is part of a $5 million investment to transform the property into The Nest School-Vernon Hills, an early education center scheduled to open in spring 2026. Fortec has signed a lease with The Nest Schools, a childhood education operator with more than 50 schools nationwide. Construction is scheduled to begin this month, with planned improvements including a full interior renovation, the addition of an outdoor playground and a modern redesign led by New Look Architecture. The property formerly served as a Superior Ambulance headquarters. Fortec is financing the project with a lender partner and expects to complete construction by mid-2026. Northmarq’s Milo Spector represented Fortec in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
Capital-Design-District_Dallas
AcquisitionsOfficeTexasTop Stories

HFI Capital Management Acquires 126,000 SF Office Building in Dallas Design District

by Hayden Spiess

DALLAS — HFI Capital Management has acquired 1333 Oak Lawn, a roughly 126,000-square-foot office building located in the Dallas Design District. The sales price was not disclosed.  The 10-story building was completed in 2024. A partnership between FCP and Quadrant Investment Properties announced the project in early 2022, and the latter entity was named as part of the new ownership group alongside HFI. As part of the acquisition, the property will be rebranded as “The Capital Design District” and “The Capital” for short.  In addition to five floors of office space, the building features 8,000 square feet of amenity space on the ninth floor. The property also features a tenant lounge dubbed “Capital Spot,” an executive conference room, fitness center, locker rooms and a rooftop pickleball court.  Mexican restaurant concept Maroma will open this fall on the ground floor of the building.  Located along Oak Lawn, the building is positioned directly across from The Seam, a retail redevelopment that is currently underway. Upon completion, which is scheduled for summer 2026, The Seam will feature restaurants and shops. The property is also within walking distance of restaurants and attractions including Carbone, El Carlos Elegante, the Charles, the Virgin Hotel, Hilton Anatole, …

Continue Reading
FacebookTwitterLinkedinEmail
Royal-Crest-Apartments-Dallas
AcquisitionsAffordable HousingDevelopmentMultifamilyTexas

Fairstead Buys Dallas Affordable Housing Property, Plans $24M Renovation

by Taylor Williams

DALLAS — Fairstead, a New York-based affordable housing owner-operator, has acquired Royal Crest, a 167-unit complex in the Oak Cliff neighborhood of Dallas, with plans to undertake a $24 million renovation. Built in 1969, Royal Crest consists of 12 buildings that house 16 one-bedroom units, 120 two-bedroom residences and 31 three-bedroom apartments. Units are reserved for households earning between 50 and 60 percent of the area median income. Renovations will include an overhaul of common areas, unit interiors, building exteriors and mechanical systems. New amenities will include a clubhouse, dedicated resident services office, laundry facilities and a community room. Capital One provided financing for the renovation, which is expected to be complete next fall. Hooker DeJong Inc. is the architect for the project, and FTK Construction Services is the general contractor. Hudson Housing Capital is the tax credit equity syndicator.

Continue Reading
FacebookTwitterLinkedinEmail
Alexan-Mill-District
AcquisitionsMultifamilyNorth CarolinaSoutheast

Northmarq Negotiates $82M Sale of Alexan Mill District Apartment Community in Charlotte

by Abby Cox

CHARLOTTE, N.C. — Northmarq has negotiated the $82 million sale of Alexan Mill District, a 290-unit apartment community located at 1001 N. Brevard St. in Charlotte. Allan Lynch, Caylor Mark, Andrea Howard, John Currin, Jeff Glenn and Austin Jackson of Northmarq’s Multifamily Investment Sales team represented the seller, Trammell Crow Residential, in the transaction. The Seminole Tribe of Florida purchased the property through its sovereign wealth real estate investment fund (SemREF). Built in 2024, Alexan Mill offers studio, one- and two-bedroom floorplans. Amenities at the complex include a clubhouse, an indoor/outdoor speakeasy supper club with a catering kitchen, rooftop lounge with views of Uptown Charlotte, saltwater swimming pool with a sun ledge and outdoor fireplace, as well as a TV streaming lounge. The community also features billiards and game tables, a tech lounge, media studio, work-from-home café, outdoor courtyard, 24-hour fitness center, 24-hour access package room and a covered parking deck.

Continue Reading
FacebookTwitterLinkedinEmail
highlands-row
AcquisitionsAffordable HousingMultifamilySoutheastVirginia

EYA Closes on Land Acquisition in Arlington, Virginia for First Phase of Crystal House Apartments Expansion

by Abby Cox

ARLINGTON, VA. — Washington, D.C.-based EYA LLC has closed on its land acquisition for Highlands Row, a new 42-unit, for-sale townhome community located in the heart of Arlington’s National Landing district near Ronald Reagan Washington National Airport. Highlands Row marks one of five phases for a mixed-income expansion of the Crystal House Apartments complex, including the preservation of the property’s existing 828 units. The value of the land at Highlands Row will generate financing for the project’s first phase, which is True Ground Housing Partners’ 432-unit, ground-up affordable housing development. The overall project is a public-private partnership between Arlington County, Amazon’s Housing Equity Fund, EYA, True Ground and Washington Housing Conservancy. Construction on Highlands Row is anticipated to begin later this year, with the first home deliveries expected in late 2026. According to the property website, homes will be priced starting at $1.2 million. Highlands Row will feature a back-to-back townhome configuration, which is designed to address site constraints. Built over a podium garage, each home will offer approximately 2,000 square feet with up to three bedrooms, private terraces and two dedicated parking spaces in the garage below the home.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts