Acquisitions

Sun Life to Acquire Bell Partners, Combine With BGO Following Buy-Out of Remaining Equity Stake

by John Nelson March 31, 2026

TORONTO, MIAMI AND GREENSBORO, N.C. — Sun Life Financial Inc. (NYSE: SLF), a Toronto-based financial services organization with $1.6 trillion in assets under management as of year-end 2025, has announced it will acquire Bell Partners, a multifamily investment and management firm based in Greensboro. The acquisition was valued at $350 million and is expected to grow Sun Life’s U.S. multifamily segment. Founded in 1976, Bell Partners has approximately $10 billion of assets under management as of March 1 and manages approximately 70,000 apartments in 12 regions across the United States. The firm operates nine U.S. offices and has close to 1,800 employees. Last year, Bell Partners closed more than $1.3 billion in multifamily acquisitions. “This opportunity will extend Bell’s operating and investment expertise across a larger residential platform and strengthen our depth and reach,” says Lili Dunn, CEO and president of Bell Partners. “It is a natural step in our evolution, preserving the essence of what has made us successful, while also opening new opportunities for the future.” In a separate transaction, Sun Life acquired the remaining 44 percent equity stake of Miami-based BGO, a global real estate investment management firm formerly known as BentallGreenOak, in a deal valued at …

March 31, 2026

Acquisitions Multifamily Student Housing Texas

Joint Venture Acquires 243-Bed Student Housing Community Near University of Texas at Austin

by Taylor Williams March 30, 2026

AUSTIN, TEXAS — A joint venture between Ascentris and Student Quarters has acquired Noble 2500, a 243-bed student housing community serving students at the University of Texas at Austin. Built in 2023, the property is located in Austin’s West Campus neighborhood and offers 118 fully furnished units in studio, one-, two-, three- and four-bedroom configurations with bed-to-bath parity. Shared amenities include study lounges, a courtyard pool, fitness center, yoga studio and a rooftop sky lounge. The new ownership plans to enhance the property’s common areas and implement operational improvements to boost leasing performance. The seller and sales price were not disclosed.

March 30, 2026

Acquisitions Industrial Texas

Provident Sells 162,180 SF Industrial Facility in Southeast Houston

by Taylor Williams March 30, 2026

HOUSTON — Provident Industrial, a division of Dallas-based Provident, has sold a 162,180-square-foot industrial facility in southeast Houston. Red Bluff Distribution Center is located between I-45 and Beltway 8 and features 25 dock-high doors, two drive-in doors and parking for 90 cars and 36 trailers. The building was fully leased at the time of sale to Houston-based E320 Containers, a provider of packing products. The buyer and sales price were not disclosed.

March 30, 2026

Acquisitions Retail Texas

JLL Brokers Sale of 39,912 SF Shopping Center in Cypress, Texas

by Taylor Williams March 30, 2026

CYPRESS, TEXAS — JLL has brokered the sale of a 39,912-square-foot shopping center in Cypress, located on the northwestern outskirts of Houston. The Shops at Fry & Tuckerton comprises three multi-tenant buildings that were fully leased at the time of sale. Tenants include Five Guys, Einsteins Bros. Bagels, VIA 313 and Charleys Cheesesteaks. Ryan West, John Indelli and Michael King of JLL represented the seller, Gulf Coast Commercial Group, in the transaction.

March 30, 2026

Acquisitions California Industrial Office Retail Western

Newmark Brokers Sale of Seven-Building Stonemill Design Center Flex Office Campus in Costa Mesa

by Amy Works March 30, 2026

COSTA MESA, CALIF. — Newmark has arranged the sale of Stonemill Design Center, a flex office campus on 8.3 acres at 2915 Red Hill Ave. in Costa Mesa. Kevin Shannon, Paul Jones, Ken White, Brandon White, Chris Benton and Anthony Muhlstein of Newmark represented the undisclosed seller, an institutional investor, in the transaction. A private investor acquired the asset for an undisclosed price. Totaling 127,753 square feet, the campus features seven flex office buildings that are 94 percent leased by a diverse mix of commercial, industrial and office tenants. Situated in the Greater Airport Area submarket, the property is adjacent to SR-73 Freeway and offers proximity to South Coast Plaza.

March 30, 2026

Acquisitions Arizona Multifamily Western

EMZ Equity Group Sells 24-Unit Alvernon Apartments in Tucson

by Amy Works March 30, 2026

TUCSON, ARIZ. — EMZ Equity Group has completed the sale of Alvernon Apartments, a multifamily community in Tucson, to Alvernon Coyote LLC for $1.8 million. Located at 2053 and 2099 N. Alvernon Way, the 13,200-square-foot complex features 24 apartments. Allan Mendelsberg and Joey Martinez of Cushman & Wakefield | PICOR represented the seller and buyer in the deal.

March 30, 2026

Acquisitions Florida Retail Southeast

SRS Real Estate Brokers $5.3M Sale of Central Florida Retail Center

by Abby Cox March 30, 2026

APOPKA, FLA. — SRS Real Estate Partners has brokered the $5.3 million sale of the Shoppes at Hunt Club, an 8,211-square-foot retail property located in Apopka, approximately 12 miles northwest of Orlando. William Wamble and Patrick Nutt of SRS represented the seller, a Florida-based national investor and developer, in the transaction. The 1031 exchange buyer was a Florida-based private investor. Built in 2006 on nearly 1.5 acres, the Shoppes at Hunt Club was fully leased at the time of sale to tenants including Firehouse Subs, Smoothie King, Spectrum and MUV Dispensary. The property is situated adjacent to Club Corners, a 105,000-square-foot, Publix-anchored neighborhood center.

March 30, 2026

Acquisitions Illinois Midwest Multifamily

Eastham Capital, Bender Cos. Buy Multifamily Community in Metro Chicago for $24.1M

by Kristin Harlow March 30, 2026

GLENDALE HEIGHTS, ILL. — Eastham Capital has acquired The Flats at Gladstone in the Chicago suburb of Glendale Heights with its operating partner Bender Cos. The purchase price was $24.1 million. The 168-unit, garden-style community was 96 percent leased at the time of sale. Rents average $1,690 per month. Built in 1977, The Flats at Gladstone consists of 31 buildings. A renovation plan calls for more than $2.5 million in exterior building improvements and interior unit upgrades, complemented by the construction of a new clubhouse with a fitness center, leasing office and maintenance shop. To date, Eastham and Bender have co-invested in 12 projects.

March 30, 2026

Acquisitions Midwest Missouri

TopSide Marinas Acquires Campbell Point Marina in Shell Knob, Missouri

by Kristin Harlow March 30, 2026

SHELL KNOB, MO. — TopSide Marinas has acquired Campbell Point Marina on Table Rock Lake in Shell Knob within southwest Missouri. The transaction marks the third for TopSide Marinas in Missouri and the Ozarks, after the acquisition of Cape Fair Marina and Hideaway Marina in 2023. Campbell Point Marina features more than 280 wet slips ranging in length from 24 to 80 feet. Amenities include wet storage, fuel, boat rentals, retail and an ice cream shop. This spring, TopSide Marinas will expand the capacity with the addition of 50 new wet slips, constructed by its in-house dock building partner James River Dock Services.

March 30, 2026

Acquisitions Illinois Midwest Retail

Boulder Group Arranges $5.3M Sale of CVS-Occupied Retail Property in Chicago

by Kristin Harlow March 30, 2026

CHICAGO — The Boulder Group has arranged the $5.3 million sale of a single-tenant retail property net leased to CVS in Chicago. Constructed in 2002, the 15,414-square-foot building is located at 3951 W. 103rd St. CVS recently executed a long-term lease extension through January 2039. The lease features 10 five-year renewal options with 5 percent rental escalations in each option period. Portions of the property are master leased by CVS to Subway and CD One Price Cleaners, both of which have been operating at the location since 2002 and 2003, respectively. Randy Blankstein, Jimmy Goodman and John Feeney of Boulder Group represented the seller, a Northeast-based real estate investment company. The buyer was a self-represented real estate trust.

March 30, 2026

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