Acquisitions

Stonemont Purchases 216,400 SF Industrial Facility in Mableton, Georgia

by Abby Cox April 20, 2026

MABLETON, GA. — Stonemont, a private industrial real estate investment firm based in Atlanta, has acquired a 216,400-square-foot industrial service facility (ISF) located in Mableton, approximately 15 miles northwest of downtown Atlanta. Situated at 5350 Riverview Road, the facility spans 10 buildings across 24.5 acres and is fully leased to a mix of national and regional tenants. The property also features 18- to 23-foot clear heights, 19 dock doors and potential connectivity to the Norfolk-Southern rail spur. ISF is defined as a subset of industrial outdoor storage (IOS) and includes sites that feature functional service buildings, in addition to stabilized fences and lit outdoor space zoned for storage. Stonemont has closed on five ISF acquisitions totaling 41.9 acres and more than 518,600 square feet of existing and planned development across the country, including Atlanta, Houston, New Jersey and Philadelphia. Additionally, in February, the firm closed on two ISF projects in Denver and Las Vegas, totaling over 35,000 square feet on more than 15 acres.

April 20, 2026

Acquisitions Retail Washington Western

Newmark Brokers Sale of 54,264 SF Renton Highlands Shopping Center in Washington

by Amy Works April 20, 2026

RENTON, WASH. — Newmark Retail Capital Markets has arranged the sale of Renton Highlands Shopping Center, a value-add retail center at the intersection of 4110 and 4250 N.E. 4th St. in Renton. Terms of the transaction were not disclosed. At the time of sale, the 54,264-square-foot property was 82 percent leased. Current tenants include The Goddard School, Petco, AutoZone, DaVita and Chase Bank. The property is shadow anchored by Safeway. Billy Sleeth, Kevin Lemond and Mattie Tonseth of Newmark handled the transaction.

April 20, 2026

Acquisitions California Restaurant Retail Western

Evergreen Devco Sells Pollo Campero-Occupied Restaurant Property in Inland Empire for $2.9M

by Amy Works April 20, 2026

LAKE ELSINORE, CALIF. — Evergreen Devco has completed the disposition of a 3,000-square-foot, single-tenant restaurant property in Lake Elsinore. A San Bernardino, Calif.-based private investor acquired the asset for $2.9 million. Pollo Campero, a fast-casual Latin chicken restaurant, occupies the property on a 15-year absolute triple-net corporate ground lease with 10 percent rental increases every five years. The property is an outparcel to a Stater Bros.-anchored retail center. Bill Asher and Jeff Lefko of Hanley Investment Group Real Estate Advisors represented the seller and developer, while Greg Bedell and Lance Mordachini of Progressive Real Estate Partners represented the buyer in the transaction.

April 20, 2026

Acquisitions Illinois Midwest Office

Real Capital Solutions Acquires 10-Story Office Building in Naperville, Illinois for $16.1M

by Kristin Harlow April 20, 2026

NAPERVILLE, ILL. — Real Capital Solutions (RCS) has acquired MetroWest, a 10-story office building in Naperville, for $16.1 million. The 207,714-square-foot property is located at 55 Shuman Blvd. The purchase price represents a significant discount to the property’s most recent sale for $32.5 million in 2015 when it was nearly fully leased. RCS says the reset in pricing reflects broader market conditions, including higher interest rates, constrained lending and limited liquidity across the office sector. MetroWest is currently 67.6 percent leased and is anchored by Midwest Orthopaedics at Rush, which occupies 11 percent of the building under a long-term lease through 2034. Designed by architect Helmut Jahn, the building features amenities such as a fitness center, cafeteria and structured parking. RCS plans to implement a targeted leasing and repositioning strategy. Approximately 40 percent of the vacant space already includes modernized or move-in-ready suites. Newmark’s Peter Harwood, Jim Postweiler, Jack Trager and Mary Gilbank represented the undisclosed seller.

April 20, 2026

Acquisitions Development Multifamily Northeast Pennsylvania Seniors Housing

Kislak Negotiates $7.9M Sale of Seniors Housing Development Site in Millersville, Pennsylvania

by Taylor Williams April 17, 2026

MILLERSVILLE, PA. — New Jersey-based brokerage firm The Kislak Co. Inc. has negotiated the $7.9 million sale of a seniors housing development site in Millersville, a suburb of Lancaster. The 67-acre site at 306 S. Duke St. is the future home of a 420-unit, age-restricted community that will be known as The Village at Funk’s Farms. Plans for the project also include a healthcare facility with up to 75 beds. Matt Wolf of Kislak represented the seller, HHF Real Estate, in the transaction and the buyer, Burkentine Builders.

April 17, 2026

Acquisitions Development Florida Industrial Southeast

GTIS Partners Acquires 116 Acres in Tampa to Develop 4Ward Logistics Center

by Abby Cox April 17, 2026

TAMPA, FLA. — New York City-based GTIS Partners has acquired approximately 116 acres in Tampa to develop 4Ward Logistics Center, an industrial development that will span 382,500 square feet across two rear-load distribution buildings. Situated near I-4 in the East Tampa submarket, the site benefits from two nearby interchange access points, providing immediate access to local and regional logistics corridors, as well as direct connectivity to Port Tampa Bay. 4Ward Logistics Center is expected to be delivered in the second half of 2027. JLL will handle leasing and marketing for the project.

April 17, 2026

Acquisitions Florida Industrial Southeast

JLL Arranges Sale of 458,617 SF Office Campus in Jacksonville, Buyer Plans Redevelopment

by Abby Cox April 17, 2026

JACKSONVILLE, FLA. — JLL Capital Markets has arranged the sale of 8000 Baymeadows Way, a 458,617-square-foot office campus located in Jacksonville’s Butler/Baymeadows submarket. Robbie McEwan, Tucker Brooks, Hunter Smith, Jesse Jones and Jesse Shimp of JLL represented the undisclosed seller and procured the buyer, Orlando-based Foundry Commercial. J. Paul Reynolds represented Foundry Commercial in the transaction. The sales price was also not disclosed. 8000 Baymeadows Way spans five buildings and previously served as an office campus. Foundry Commercial plans to redevelop the property.

April 17, 2026

Acquisitions California Multifamily Western

Marcus & Millichap Brokers Sales of Two Westside Los Angeles Multifamily Properties for $46.3M

by Amy Works April 17, 2026

LOS ANGELES — Marcus & Millichap has arranged the sales of two apartment complexes in the Brentwood neighborhood of Los Angles for a combined value of $46.3 million. Rabbie Banafsheha and Tony Azzi of the Azzi Group of Marcus & Millichap represented the seller in the deal. Totaling 61 units, the properties include an asset at 11911 Mayfield Ave. with 31 units and a nonconforming studio and a 29-unit building at 11860 Kiowa Ave.

April 17, 2026

Acquisitions California Healthcare Western

Compass Capital Investments Buys 71,971 SF Medical Office Property in San Diego

by Amy Works April 17, 2026

SAN DIEGO — Compass Capital Investments has acquired RB Medical Plaza, a medical office property located at 11770 Bernardo Plaza Court in San Diego, from Bernardo Court MOB LLC for $18.2 million. RB Medical Plaza offers 71,971 square feet of medical office space spread across two buildings. The medical tenant mix includes dermatology, urology, pain management and chiropractic services. The asset was originally built in the 1980s and remodeled in 2023. Matt Porch, Anthony DeLorenzo and Chris Bodnar of CBRE represented the seller in the transaction.

April 17, 2026

Acquisitions Healthcare Southeast Tennessee

Maddox Brokers $11M Sale of Medical Office Building in Knoxville

by Abby Cox April 17, 2026

KNOXVILLE, TENN. — Maddox Cos. has brokered the $11 million sale of the WestMed Building, a 55,000-square-foot medical office building situated on Sherrill Boulevard in Knoxville. Maddox Cos. represented both the seller, Knorr Family Properties, and the buyer, Clear Passage LLC, in the transaction. Built in 2004, the healthcare property sits on roughly 3 acres, according to LoopNet.

April 17, 2026

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