Wednesday, January 14, 2026
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Acquisitions

AcquisitionsIndianaIndustrialMidwest

Partnership Sells 1.3 MSF Infill Industrial Portfolio in Metro Indianapolis

by Kristin Harlow

INDIANAPOLIS — Stos Partners, Cardinal Industrial and Long Wharf Capital have sold the Hoosier Infill Industrial Portfolio to Berkeley Partners. The portfolio comprises 13 industrial parks totaling 1.3 million square feet across 38 buildings in metro Indianapolis. At the time of sale, the assets were approximately 97 percent leased to more than 250 tenants. The firms assembled the portfolio through two off-market transactions. Both were purchased from the assets’ original developer. During the 3.5-year hold period, the partnership executed a value-add strategy that included nearly $6 million in capital improvements, operational modernization and the conversion of leases to triple-net structures. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, Tyler Ziebel, Tyler Wilson, Jason Speckman and Sydney Gabriel of Colliers represented the sellers.

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AcquisitionsIllinoisMidwestRetail

Mid-America Arranges Sale of 580,477 SF Shopping Center in Orland Park, Illinois

by Kristin Harlow

ORLAND PARK, ILL. — Mid-America Real Estate Corp. has arranged the sale of Orland Park Place, a 580,477-square-foot shopping center in the southern Chicago suburb of Orland Park. The asset was 93 percent leased at the time of sale. Tenants include Nordstrom Rack, Marshalls, Ross Dress for Less, Dick’s Sporting Goods, Steinhafel’s Furniture, Ashley Home Store, Hobby Lobby, DSW, Barnes & Noble and Planet Fitness. The sale included the primary 568,577-square-foot inline center as well as one 11,900-square-foot freestanding restaurant outparcel. The seller, PMAT Real Estate Investments, retains ownership of the five outlot buildings fronting LaGrange Road that total more than 65,000 square feet. Ben Wineman, Joe Girardi, Rick Drogosz and Patrick Corrigan of Mid-America represented the seller. A private partnership led by Ashkenazy Acquisition Corp. was the buyer. The sales price was $60 million, according to Crain’s Chicago Business.

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AcquisitionsIllinoisMidwestMultifamily

Interra Realty Brokers Two Multifamily Sales in Metro Chicago Totaling $4.7M

by Kristin Harlow

CHICAGO AND PARK RIDGE, ILL. — Interra Realty has brokered the sales of two value-add multifamily properties in the northwest Chicago area for a combined $4.7 million. A two-building, 16-unit property at 1860-1900 N. Parkside Drive in Park Ridge that was built in 1966 sold for $2.8 million, and a 12-unit building at 8544-48 W. Gregory St. in Chicago’s O’Hare submarket that was constructed in 1972 sold for $1.9 million. Patrick Kennelly, Paul Waterloo and Nathan Zito of Interra represented both the confidential buyer and seller of the Park Ridge property. The trio also represented the undisclosed partnership seller of the Chicago asset, with Oleg Komarnytskyy of KOMAR Real Estate representing the private buyer. Both properties were fully occupied at the time of sale. The transaction of 8544-48 W. Gregory marks the first time the asset has traded hands since 1988, and the new ownership plans to renovate apartments as tenants turn over.

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4115 S. Zero St
AcquisitionsArkansasIndustrialSoutheast

DWG Capital Acquires 256,314 SF Industrial Facility in Fort Smith, Arkansas Leased to Stryten Energy

by Abby Cox

FORT SMITH, ARK. — DWG Capital Partners has acquired a 256,314-square-foot manufacturing and distribution facility located at 4115 S. Zero St. in Fort Smith, a city on the Arkansas-Oklahoma border. Stryten Energy, a U.S.-based energy storage solutions provider, has occupied the industrial property since its construction in 1975. Atlas Holdings, which recently announced plans in April 2025 to expand its domestic manufacturing footprint, owns and operates Stryten Energy. Mike Salmen and Andrew Watson of Transwestern represented the seller, a private ownership group, in the off-market transaction. The sales price was not disclosed.

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AcquisitionsIndustrialNortheastPennsylvania

Partnership Acquires Industrial Complex in Chester, Pennsylvania, for $6.5M

by Taylor Williams

CHESTER, PA. — A partnership between regional development firm DH Property Holdings and New York City-based DRA Advisors has acquired a 63,080-square-foot industrial complex in Chester, located just southwest of Philadelphia. Th sales price was $6.5 million. The facility at 950 Township Line Road includes a 40,080-square-foot warehouse and a 15,000-square-foot service facility and was fully leased to three tenants at the time of sale. Steve Italiano of Italiano Commercial Real Estate Services represented the undisclosed seller in the transaction.

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AcquisitionsMassachusettsMultifamilyNortheastWalker & Dunlop

Foxfield Sells 45-Unit Apartment Building in Beverly, Massachusetts

by Taylor Williams

BEVERLY, MASS. — Locally based investment firm Foxfield has sold 50 Broadway, a 45-unit apartment building in Beverly, located northeast of Boston. According to Apartments.com, the building exclusively offers studio apartments with an average size of 421 square feet, as well as outdoor grilling and dining stations and onsite laundry facilities. Kevin Gleason and Henry Smith of Walker & Dunlop brokered the sale. The buyer and sales price were not disclosed. Foxfield acquired the building in 2021 in partnership with Taymil Partners.

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AcquisitionsNew JerseyNortheastOffice

Cushman & Wakefield Brokers Sale of 15,879 SF Office Building in Denville, New Jersey

by Taylor Williams

DENVILLE, N.J. — Cushman & Wakefield has brokered the sale of a two-story, 15,879-square-foot office building located at 165 E. Main St. in the Northern New Jersey community of Denville. Andrew Schwartz, Jordan Sobel, André Balthazard and Dan Bottiglieri of Cushman & Wakefield represented the seller the transaction. Toni Kaufmann of Realty Executives represented the new owner-occupier, which also requested anonymity.

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3403-N.-Sam-Houston-Parkway-W.-Houston
AcquisitionsIndustrialTexas

MDH Partners Acquires 563,343 SF Industrial Portfolio in Northwest Houston

by Taylor Williams

HOUSTON — Atlanta-based investment firm MDH Partners has acquired a portfolio of nine industrial buildings totaling 563,343 square feet in northwest Houston. Two of the buildings are located at 7220 N. Sam Houston Parkway W, and the other seven buildings are located at 3403 N. Sam Houston Parkway W. The buildings were constructed between 2007 and 2013 and have an average suite size of 19,425 square feet. At the time of sale, the portfolio was 94 percent leased to 26 tenants. MDH Partners has tapped Stream Realty Partners as the new leasing agent. The seller and sales price were not disclosed.

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AcquisitionsMultifamilyTexas

TMG Negotiates Sale of 236-Unit Birchwood Apartments in Lubbock

by Taylor Williams

LUBBOCK, TEXAS — Dallas-based brokerage firm The Multifamily Group (TMG) has negotiated the sale of Birchwood Apartments, a 236-unit complex in Lubbock. Built in 1977, Birchwood Apartments offers one-, two- and three-bedroom floor plans with an average size of 713 square feet. Amenities include a pool, fitness center, clubhouse, business center, onsite laundry facilities, a dog park, playground and outdoor grilling stations. Yonnic Land of TMG represented the seller, Benefit Street Partners, in the transaction. Jon Krebbs of TMG procured the undisclosed, out-of-state buyer.

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AcquisitionsOfficeTexas

JLL Brokers Sale of 130,735 SF Office Building in West Houston

by Taylor Williams

HOUSTON — JLL has brokered the sale of 5858 Westheimer, a 130,735-square-foot office building located in the Tanglewood area of West Houston. The eight-story building was constructed in 1981 and was 47 percent leased at the time of sale. Rick Goings and Dawson Hastings of JLL represented the seller, a special servicer, in the transaction. The buyer, an entity doing business as Geirin LandPark Westheimer LLC, plans to implement a value-add program that will upgrade the lobby, common areas, signage and spec suites.

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