Tuesday, May 5, 2026
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Acquisitions

AcquisitionsIndustrialMidwestWisconsin

ERMCO Acquires 158,000 SF Industrial Facility in Bristol, Wisconsin

by Kristin Harlow

BRISTOL, WIS. — Electric Research and Manufacturing Cooperative Inc. (ERMCO) has acquired a 158,000-square-foot industrial facility at Bristol Business Park in southern Wisconsin. ERMCO began leasing the property in May 2024 to prepare for operational readiness and officially commenced operations in April 2025. The site, located in Building 4, features a clear height of 32 feet, 30 expandable dock doors, 215 parking spaces and 4,000 amps of power. ERMCO continues to invest in advanced manufacturing to support the evolving needs of the energy sector. The Bristol facility will serve as the company’s dedicated amorphous hub, reinforcing its commitment to delivering high-efficiency transformer solutions that support grid modernization and long-term reliability. ERMCO now has two domestic sources of electrical steel (amorphous and grain-oriented). Sean Kropke and Keith Puritz of Cushman & Wakefield represented ERMCO in the sale.

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AcquisitionsIndianaMidwestRetail

Marcus & Millichap Arranges $4.6M Sale of Retail Center in Columbus, Indiana

by Kristin Harlow

COLUMBUS, IND. — Marcus & Millichap has arranged the $4.6 million sale of Holiday Center, a 26-unit retail center in Columbus, about 45 miles south of Indianapolis. The fully leased property totals 59,117 square feet across four buildings. Forest Bender and Joseph DiSalvo of Marcus & Millichap represented the Indiana-based seller. The new ownership plans to enhance income through strategic leasing and explore potential outlot development, according to Bender.

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AcquisitionsIllinoisMidwestMultifamily

Kiser Group Brokers $2.6M Sale of Chicago Apartment Building

by Kristin Harlow

CHICAGO — Kiser Group has brokered the $2.6 million sale of a 36-unit apartment building located at 5201 W. Washington Blvd. in Chicago’s Austin neighborhood. The property was fully leased at the time of sale, with one recently filled vacancy. The asset received a full mechanical and cosmetic renovation, including individual furnaces and new plumbing and electrical systems. Noah Clark and Jack Petrando of Kiser represented the buyer and seller, neither of which were disclosed.

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Strata-Malden
AcquisitionsMassachusettsMultifamilyNortheast

CBRE Arranges Sale of 295-Unit Strata Apartments in Malden, Massachusetts

by Taylor Williams

MALDEN, MASS. — CBRE has arranged the sale of Strata, a 295-unit apartment community located north of Boston in Malden. Built in 2000, Strata is a single-story building that houses studio, one-, two- and three-bedroom units with an average size of 892 square feet. Amenities include a pool, resident lounge, private work pods, a fitness center and expansive socialization areas. Simon Butler, Biria St. John, John McLaughlin and Brian Bowler represented the seller, an affiliate of Oregon-based investment firm The Green Cities Co., in the transaction. CBRE also procured the buyer, an undisclosed institutional investment firm.

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AcquisitionsNew JerseyNortheastOffice

Newmark Brokers Sale of 222,888 SF Office Property in Moorestown, New Jersey

by Taylor Williams

MOORESTOWN, N.J. — Newmark has brokered the sale of a 222,888-square-foot office property in Moorestown, located outside of Philadelphia in Southern New Jersey.The sales price was $17.6 million. Moorestown Corporate Center consists of three buildings on a 16.8-acre site. Amenities include a café with an outdoor seating area and a new fitness center. David Dolan, Angelo Brutico and Anne Klein of Newmark represented the seller, local investment firm Keystone, in the transaction. Stephen Comly and Eric DeStefano, also with Newmark, arranged acquisition financing on behalf of the buyer, regional investment firm Melrose Solomon Enterprises.

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AcquisitionsIndustrialMassachusettsNortheast

Marcus Partners Acquires Two Industrial Buildings Totaling 68,480 SF in Holliston, Massachusetts

by Taylor Williams

HOLLISTON, MASS. — Regional investment firm Marcus Partners has purchased two industrial buildings totaling 68,480 square feet in Holliston, about 30 miles southwest of Boston. Completed in 2013, the building at 275 Hopping Brook Road totals 20,480 square feet and was fully leased to four tenants at the time of sale. Built in 2005, the facility at 330 Hopping Brook Road totals 48,000 square feet and was also fully leased at the time of sale. Cambridge Savings Bank provided acquisition financing for the deal, the seller in which was the original developer.

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AcquisitionsNortheastOfficePennsylvania

JLL Negotiates 22,230 SF Office Lease at 1735 Market Street in Downtown Philadelphia

by Taylor Williams

PHILADELPHIA — JLL has negotiated a 12-year, 22,230-square-foot office lease at 1735 Market Street, a 1.3 million-square-foot building in downtown Philadelphia. The tenant, law firm Hangley Aronchick Segal Pudlin & Schiller, will relocate from One Logan Square to the 26th floor of the a 54-story building. Mitch Marcus, Alex Breitmeyer and Jake Marcus of JLL represented the tenant in the lease negotiations. Tom Weitzel, also with JLL, along with internal agents Keith Cody and Gordon Hough, represented the landlord, New York City-based Silverstein Properties, which owns the property in partnership with Arden Group.

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Camden-Midtown-Houston
AcquisitionsMultifamilyTexas

Camden Property Trust Sells 337-Unit Apartment Community in Midtown Houston

by Taylor Williams

HOUSTON — Camden Property Trust, a publicly traded REIT, has sold a 337-unit apartment community in Midtown Houston. Camden Midtown was built in 1999 and features one- and two-bedroom units. Amenities include multiple pools and fitness centers, as well as a pet park and a direct-access parking garage. Dustin Selzer, Jett Lucia, Aziza Rehmatulla and Matt Kafka of JLL represented Camden in the transaction. Leon McBroom, Rob Bova and John David Johnson, also with JLL, originated an undisclosed amount of Freddie Mac acquisition financing on behalf of the buyer, Bow River Capital. The new ownership has rebranded the property as Hadley Midtown Apartments.

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The-International-at-Valley-Ranch-Irving
AcquisitionsMultifamilyTexas

IPA Negotiates Sale of 236-Unit Apartment Complex in Irving

by Taylor Williams

IRVING, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of The International at Valley Ranch, a 236-unit apartment complex in Irving. Built in 2024 within the Valley Ranch master-planned development, the property offers studio, one- and two-bedroom units with an average size of 803 square feet. Amenities include a pool, fitness center, sky lounge, outdoor grilling and dining stations, coworking space and a dog park. Drew Kile, Michael Ware, Joey Tumminello, Taylor Hill, Shelby Clark and Jack Windham of IPA represented the seller, Criterion Development Partners, in the transaction and procured the buyer, Consolidated Investment Group.

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AcquisitionsIndustrialTexas

NAI Robert Lynn Brokers Sale of 35,570 SF Industrial Building in Pilot Point, Texas

by Taylor Williams

PILOT POINT, TEXAS — NAI Robert Lynn has brokered the sale of a 35,570-square-foot industrial building in Pilot Point, located north of Dallas in Denton County. According to LoopNet Inc., the building at 926 U.S. Highway 377 was built on 3.7 acres in 1983. Jim Hancock of NAI Robert Lynn represented the seller, an entity doing business as TyGra Realty LLC, in the transaction. Michelle Hudson and Tom Hudson of Hudson Peters Commercial represented the undisclosed buyer.

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