Sunday, June 21, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Acquisitions

Mineral-Medical-Plaza-Littleton-CO
AcquisitionsColoradoHealthcareWestern

CBRE Brokers Sale of 39,300 SF Medical Office Building in Littleton, Colorado

by Amy Works

LITTLETON, COLO. — CBRE, on behalf of Broe Real Estate Group, has arranged the sale of Mineral Medical Plaza, a Class A medical outpatient building in Littleton. Terms of the transaction were not disclosed. Located at 1501 W. Mineral Ave., the two-story Mineral Medical Plaza offers 39,300 square feet of medical office space, including a multi-speciality surgery center. The property was repositioned in 2020, undergoing extensive renovations to be transformed into an outpatient healthcare center. Chris Bodnar, Brannan Knott, Mindy Berman, Zack Holderman, Cole Reethof, Trent Jemmett, Jessie Greshin and Blake Holcomb of CBRE represented the seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNew JerseyNortheastRetail

JLL Negotiates $40M Sale of Shopping Center in South Plainfield, New Jersey

by Taylor Williams

SOUTH PLAINFIELD, N.J. — JLL has negotiated the $40 million sale of a 219,848-square-foot shopping center in South Plainfield, about 40 miles southwest of New York City. Golden Acres Shopping Center was 83 percent leased at the time of sale, with grocer ShopRite serving as the anchor. Other tenants include Shoppers World, Unique Thrift Store and Wendy’s. Jose Cruz, J.B. Bruno, Kevin O’Hearn, Michael Kavaler and Joseph Lopresti represented the undisclosed seller in the transaction. The buyer was a joint venture between Agus Holdings and Treeco.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDevelopmentIllinoisIndustrialLee & AssociatesMidwest

Pharmacy Automation Supplies Buys 4.4 Acres in Metro Chicago for Build-to-Suit Facility

by Kristin Harlow

PLAINFIELD, ILL. — Pharmacy Automation Supplies has purchased 4.4 acres at Plainfield Business Center, Lot 6, for a new build-to-suit warehouse and office facility. The manufacturer and distributor of consumables to retail and healthcare organizations is relocating to Plainfield from a smaller space in Romeoville. The seller, Northern Builders, will construct a 30,000-square-foot building within the complex. Completion is slated for the end of the year. Terry Grapenthin and Ryan Earley of Lee & Associates of Illinois represented Pharmacy Automation Supplies in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestRetail

Marcus & Millichap Brokers $3M Sale of Retail Strip Center in Libertyville, Illinois

by Kristin Harlow

LIBERTYVILLE, ILL. — Marcus & Millichap has brokered the nearly $3 million sale of The Shops of Northwind, a 20,416-square-foot retail strip center in the Chicago suburb of Libertyville. The four-suite property at 1745 Northwind Blvd. is fully occupied. Brian Parmacek of Marcus & Millichap represented the seller, EMPSAFE LLC. The asset sold at 95 percent of the list price.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDevelopmentTexas

Colliers Brokers Sale of 16.2-Acre Commercial Development Site in Tomball, Texas

by Taylor Williams

TOMBALL, TEXAS — Colliers has brokered the sale of a 16.2-acre commercial development site located along South Chestnut Street in Tomball, a northeastern suburb of Houston. Tom Condon Jr. of Colliers represented the buyer, the Tomball Economic Development Corp. (TEDC), in the transaction. The seller and sales price were not disclosed. The TEDC bought the parcel with the intent of assembling a larger site, specific development plans for which have yet to be determined.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDevelopmentMultifamilyNew YorkNortheast

Ariel Property Advisors Arranges $20M Sale of Multifamily Development Site in Brooklyn

by Taylor Williams

NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has arranged the $20 million sale of a multifamily development site in the Prospect Lefferts Gardens neighborhood of Brooklyn. The site at 224-240 Clarkson Ave. is located within an Opportunity Zone and can support up to 150,000 buildable square feet of new development. Sean Kelly, Shimon Shkury and Lawrence Sarn of Ariel Property Advisors represented the seller, private investor Albert Rabizadeh, in the transaction. The buyer was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNorth CarolinaRetailSouth CarolinaSoutheast

IPA Arranges Portfolio Sale of Five Food Lion-Anchored Shopping Centers in the Carolinas

by John Nelson

RALEIGH, N.C. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of a five-property portfolio of Food Lion-anchored shopping centers in the Carolinas. The assets span 248,030 square feet and include College Lakes Plaza in Fayetteville, N.C.; Eden Centre in Eden, N.C.; Kimberly Park in Carthage, N.C.; Kris Krossing in Conway, S.C.; and West Pointe Village Asheboro, N.C. Raleigh-based Genesis Properties purchased the portfolio from Richmond-based Capital Square for an undisclosed price. Dean Zang and David Crotts of IPA, along with Zach Taylor of Marcus & Millichap, represented the seller and procured the buyer in the transaction. Ben Yelm and Donald Gilchrist served as Marcus & Millichap’s brokers of record in South Carolina and North Carolina, respectively, in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsFloridaIndustrialSoutheast

Buligo Capital Acquires Sarasota Industrial Business Center for $27.4M

by John Nelson

SARASOTA, FLA. — Buligo Capital has purchased Sarasota Industrial Business Center in southwest Florida for $27.4 million. The park includes five industrial parcels totaling over 186,650 square feet of shallow-bay industrial space, as well as 1.1 acres of industrial outdoor storage (IOS) and laydown yard. Nick DeVito II and Brie Tulp of Ian Black Real Estate represented the seller, GBA Holdings, a joint venture between Biscayne Atlantic and Genet Property Group, in the transaction. The brokers also procured the undisclosed buyer. Biscayne Atlantic purchased the park in 2023 and invested $1.3 million in capital improvements. Sarasota Industrial Business Center, which is located on Industrial Boulevard with access to U.S. Route 301 and I-75, was 85 percent leased at the time of sale.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsHospitalitySoutheastTennessee

Hunter Brokers Sale of 195-Room Crowne Plaza Hotel in Downtown Knoxville

by John Nelson

KNOXVILLE, TENN. — Atlanta-based Hunter Hotel Advisors has brokered the sale of Crowne Plaza Knoxville Downtown University, a 195-room hotel located in downtown Knoxville. The property is situated near the Tennessee Valley Authority headquarters and Market Square and within walking distance to the University of Tennessee. Crowne Plaza features more than 15,000 square feet of meeting space, an indoor pool, business center, fitness center and Mahogany’s, a full-service restaurant. Local hotel owner, The 9 Group, purchased the property from a private seller for an undisclosed amount. Tim Osborne of Hunter’s Chattanooga office brokered the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
12520-Camino-Del-Sur-San-Diego-CA
AcquisitionsCaliforniaMultifamilyWestern

Holland Partner Group Sells 342-Unit Folia Multifamily Property in San Diego

by Amy Works

SAN DIEGO — Holland Partner Group has completed the sale of Folia, an apartment community located at 12520 Camino Del Sur in San Diego, to an undisclosed buyer in an off-market transaction. Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and Kenji Thomas of CBRE represented the seller in the transaction. Built in 2024, Folia offers 342 one-, two- and three-bedroom apartments with stainless steel appliances, hardwood floors and in-unit washers/dryers. The community features a resort-style pool and space, a fitness center, resident clubhouse, playground and grilling and picnic areas.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts