Monday, June 29, 2026
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Acquisitions

AcquisitionsHealthcareMidwestOhio

Montecito Acquires Medical Office Building, Surgery Center in Chardon, Ohio

by Kristin Harlow

CHARDON, OHIO — Montecito Medical Real Estate has acquired Chardon Surgery Center in Chardon, about 30 miles northeast of downtown Cleveland. The purchase price was not disclosed. Built in 1998, the nearly 24,000-square-foot medical office and surgery center features three operating rooms, a laser surgery center and a newly built MRI center. Precision Orthopedic Specialties and Kellis Eye Center jointly own the ambulatory center, which occupies one-third of the overall space in the building. The transaction marks Montecito’s 19th acquisition this year.

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AcquisitionsMassachusettsNortheastRetail

KeyPoint Partners Orchestrates $3.4M Sale of Retail Center in Metro Boston

by David Cohen

WEST BRIDGEWATER, MASS. — KeyPoint Partners has negotiated the $3.4 million sale of West Bridgewater Plaza, a retail property in West Bridgewater. The 133,000-square-foot retail center is located off Route 28. Don Mace of KeyPoint represented the buyer, the owner and operator of indoor entertainment concept FunZ. The buyer plans to open a FunZ location in the former Shaw’s space at the center.

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AcquisitionsNew JerseyNortheastRetail

HFF Negotiates Sale of 255,940 SF Retail Center in Forked River, New Jersey

by David Cohen

FORKED RIVER, N.J. — HFF has negotiated the sale of Sunrise Plaza, a 255,940-square-foot retail center in Forked River. Located on more than 27 acres, the center is fully occupied by a tenant roster that includes Aldi, Kohl’s and The Home Depot. The center was built in 2007. Jose Cruz, Stephen Simonelli, Kevin O’Hearn and Michael Oliver of HFF represented the undisclosed seller in the transaction. The buyer was a public entity.  

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Four-Seasons-Resort-&-Club-Dallas
AcquisitionsHospitalityTexas

Extell Development Acquires 405-Room Hotel in Irving for $235M

by Taylor Williams

IRVING, TEXAS — New York City-based Extell Development Co. has acquired Four Seasons Resort & Club Dallas, a 405-room hotel located within Irving’s Las Colinas district, for $235 million. The sale price equates to about $580,000 per unit. The property offers access to a golf course and has several onsite bars and restaurants. According to hotel-online.com, the seller was Blackstone, which acquired the property from CW Capital Asset Management in 2014 for $150 million.  

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Las-Cimas-Office-Park-Austin-Texas
AcquisitionsOfficeTexas

HFF Negotiates Sale of 313,716 SF Office Property in Austin

by Taylor Williams

AUSTIN, TEXAS — HFF has negotiated the sale of Las Cimas II and III, a 313,716-square-foot office property in Austin. Completed in 2000 and 2001, the two buildings are located at the intersection of Loop 360 and Bee Cave Road on the city’s southwestern side. Amenities include a Whole Foods Market deli, fitness center and a conference room. HFF represented the seller, international investment firm GLL Real Estate Partners, and procured the buyer, Boston-based Rockpoint Group LLC.

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AcquisitionsMassachusettsMultifamilyNortheastSeniors Housing

Cushman & Wakefield Advises on $264M, 17-Community Portfolio Sale for HCP

by David Cohen

BOSTON — Cushman & Wakefield Senior Housing Capital Markets, acting as advisor to HCP Inc., has arranged the sale of a portfolio of seniors housing communities managed by Brookdale Senior Living. HCP agreed to sell the 17 Brookdale-managed properties to funds managed by affiliates of Apollo Global Management LLC (NYSE: APO) for $264 million. The Cushman & Wakefield team involved in the transaction included Richard Swartz, Jay Wagner, James Dooley and Sam Dylag.

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AcquisitionsMixed-UseNew YorkNortheast

Cushman & Wakefield Arranges $16.2M Sale of Mixed-Use Property in Manhattan

by David Cohen

NEW YORK CITY — Cushman & Wakefield has arranged the $16.2 million sale of Bathhouse Studios, a 14,000-square-foot mixed-use building in the East Village of Manhattan. Located at 538 E. 11th St., the property includes studio and event space as well as a residential unit above. Built in 1905, the property is a former public bathhouse and was converted into a studio in 1995 by Pulitzer Prize-winning photographer Eddie Adams. The ground floor of the building features 20-foot ceilings with oak floors, exposed brick and antique frosted windows. The residence above possesses 16-foot ceilings with oak floors throughout and a 2,200 square-foot outdoor deck. Michael DeCheser, Andrew Berry, Mei Ling Wong and Bryan Hurley of Cushman & Wakefield represented the seller, Alyssa Adams, in the transaction. The buyer was 538 East Eleventh LLC.

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AcquisitionsNew YorkNortheastProperty TypeRetail

Encore Real Estate Brokers $9.4 Million Sale of Retail Property Occupied by Rite Aid in Bronx

by David Cohen

NEW YORK CITY — Encore Real Estate Investment Services has brokered the $9.4 million sale of a retail property occupied by Rite Aid in the Bronx. Brandon Hanna and Charles Slane of Encore represented the seller, a private developer and landowner in New York City, in the transaction. The buyer was undisclosed.

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AcquisitionsMultifamilyNew JerseyNortheast

Marcus & Millichap Negotiates $1.1M Sale of Apartment Building in New Jersey

by David Cohen

SAYREVILLE, N.J. — Marcus & Millichap has negotiated the $1.1 million sale of a nine-unit apartment building in Sayreville. Located at 107 MacArthur Ave., the property was recently fully renovated, including all kitchens, bathrooms and windows. Jonathan Zamora of Marcus & Millichap represented the seller, a private investor, in the transaction. The buyer was also a private investor.

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Legends-at-Ridgeview-Ranch-Plano
AcquisitionsMultifamilyTexas

American Landmark Acquires 480-Unit Apartment Community in Plano

by Taylor Williams

PLANO, TEXAS — Tampa-based multifamily owner-operator American Landmark has acquired Legends at Ridgeview Ranch, a 480-unit multifamily community in Plano. Built in 1999, the property offers one-, two- and three-bedroom units and amenities such as two pools, grilling stations, a fitness center, basketball court, resident clubhouse, business center and a dog park. American Landmark will invest approximately $3.6 million in capital improvements to the unit interiors and certain amenity spaces. The seller of the property, which was 96 percent occupied at the time of sale, was not disclosed.

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