Friday, July 3, 2026
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Acquisitions

AcquisitionsOfficeSouth CarolinaSoutheast

Norvell Real Estate Negotiates $16.9M Sale of Office Building in North Charleston

by Camren Skelton

NORTH CHARLESTON, S.C. — Norvell Real Estate Group LLC has arranged the $16.9 million sale of Ashley Center, a 70,000-square-foot office building located at 4401 Belle Oaks Drive in North Charleston. Frank Norvell of Norvell Real Estate arranged the transaction on behalf of the seller, RCF Ashley Center LLC. Norvell also renewed leases with Ingevity South Carolina LLC, which occupies 20,758 square feet, and Aerotek Inc., which occupies 8,834 square feet. Chris Fraser of Avison Young represented the buyer.

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AcquisitionsFloridaHospitalitySoutheast

DSH Hotel Advisors Brokers $7M Sale of Hotel in Port Charlotte, Florida

by Camren Skelton

PORT CHARLOTTE, FLA. — DSH Hotel Advisors has arranged the $7 million sale of a Microtel Inn & Suites by Wyndham in Port Charlotte. Dennis Hopper of DSH Hotel Advisors represented both the seller, Interdevco, and the buyer, Maingate East Development, in the transaction. The Microtel Inn & Suites features a business center, fitness center, complimentary breakfast, free Wi-Fi, outdoor pool and meeting rooms. The hotel is located near the Charlotte County Historical Center, Bayshore Park Fishing Pier and the Cultural Center of Charlotte County.

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AcquisitionsIllinoisIndustrialMidwest

Dayton Street Partners Buys 42,000 SF Industrial Property in Chicago for $2.8M

by Kristin Harlow

CHICAGO — Dayton Street Partners has acquired a 42,000-square-foot industrial property in Chicago for $2.8 million. The vacant building is situated on 1.7 acres at 2501 West Fulton St. Constructed in the 1960s, the property features a clear height of 16 feet, two loading docks, one drive-in door, parking for 50 cars and 8,000 square feet of office space. Dayton Street plans to renovate the property with new LED lighting and parking lot improvements. Scott Duerkop and Dominic Carbonari of JLL represented the seller, Keystone.

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AcquisitionsHospitalityMidwestWisconsin

Marcus & Millichap Brokers $1.9M Sale of 225-Room Hotel in Wausau, Wisconsin

by Kristin Harlow

WAUSAU, WIS. — Marcus & Millichap has brokered the $1.9 million sale of The Plaza hotel in Wausau. The 225-room hotel is located at 201 N. 17th Ave. The five-story property includes 23,000 square feet of banquet and conference space as well as a restaurant and lounge. Allan Miller, Chris Gomes, Ebrahim Valliani and Michael Klar of Marcus & Millichap marketed the property on behalf of the seller, a limited liability company. The team also procured the buyer, a partnership. Wausau is located in central Wisconsin.

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AcquisitionsConnecticutNortheastOffice

Avison Young Arranges Sale of 179,000 SF Office Building in Norwalk

by David Cohen

NORWALK, CONN. — Avison Young has arranged the sale of the Matrix Corporate Center in Norwalk. The sales price was not disclosed. Located at 535 Connecticut Ave., the five-story property is currently 74 percent leased to a tenant roster that includes Crius, UBM and Belvoir. Sean Cahill, Gary Lyons and Blake Thomas of Avison Young represented the seller, Matrix Norwalk LLC, in the transaction. The buyer was Hanover Norwalk Investors LLC.

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AcquisitionsNortheastPennsylvaniaRetail

HFF Brokers $5.9M Sale of Retail Property in Pennsylvania

by David Cohen

GILBERTSVILLE, PA. — HFF has brokered the $5.9 million sale of a single-tenant retail building in Gilbertsville. The building was completed in 2015 and is leased to convenience retail store chain Wawa. The 2.7-acre property is located at 1111 Grosser Road, approximately 42 miles northwest of Philadelphia. Marc Mandel and Steve Schrenk of HFF represented the buyer, a private investor, in the transaction. The seller was undisclosed.

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AcquisitionsMassachusettsNortheastRetail

Horvath & Tremblay Negotiates $5.7M Sale of Walgreens Near Boston

by David Cohen

WESTFORD, MASS. — Horvath & Tremblay has negotiated the $5.7 million sale of a retail building in Westford. The 14,820-square foot property is fully occupied by Walgreens pharmacy. Located at 145 Littleton Road, the building is approximately 25 miles northwest of Boston. Bob Horvath and Todd Tremblay represented the undisclosed seller in the transaction. The buyer was also undisclosed. Walgreens has 13 years remaining on the initial lease term with 10, five-year renewal options. Nearby retailers include Whole Foods, CVS, Rite Aid, Marshalls, Home Goods, Petco, Panera Bread, Chipotle and Five Guys.

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AcquisitionsMultifamilyNew YorkNortheast

Ariel Property Advisors Orchestrates $3.4M Sale of Development Site in the Bronx

by David Cohen

NEW YORK CITY — Ariel Property Advisors has arranged the $3.4 million sale of a development site located at 1408 Cromwell Ave. in the Bronx. The vacant lot is situated in the Jerome Avenue District, which was recently rezoned to residential under New York City’s affordable housing plan. The rezoning covers 92 blocks and is expected to generate approximately 4,600 new units of housing. Jason Gold, Michael Tortorici and Daniel Mahfar of Ariel Property Advisors represented the undisclosed seller in the transaction. The buyer was also undisclosed.

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AcquisitionsFloridaIndustrialSelf-StorageSoutheast

Marcus & Millichap Brokers $12.7M Sale of Self-Storage Facility in Broward County

by Camren Skelton

MARGATE, FLA. — Marcus & Millichap has arranged the $12.7 million sale of Life Storage, a 64,629-square-foot self-storage facility located at 5185 Coconut Creek Parkway in Margate, a city in Broward County. Brett Hatcher and Gabriel Coe of Marcus & Millichap arranged the transaction on behalf of the seller and procured the buyer. Both parties were undisclosed limited liability companies.  

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AcquisitionsGeorgiaHealthcareSoutheast

Bull Realty Negotiates $7.3M Sale of Medical Office Building Near Atlanta

by Camren Skelton

LOGANVILLE, GA. — Bull Realty has brokered the $7.3 million sale of Piedmont Medical Health Center, a 15,000-square-foot medical office building in Loganville, located roughly 35 miles east of Atlanta. Paul Zeman of Bull Realty arranged the transaction. Other terms of the deal were not disclosed. Atlanta-based Piedmont Healthcare operates a women’s healthcare clinic and a gastroenterology clinic at the facility, which also includes an endoscopy/surgery center.

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