Saturday, February 7, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Acquisitions

Midpoint-Logistics-Center-Lancaster
AcquisitionsIndustrialTexas

JLL Brokers Sale of 1.6 MSF Industrial Complex in Lancaster, Texas

by Taylor Williams

LANCASTER, TEXAS — JLL has brokered the sale of Midpoint Logistics Center, an approximately 1.6 million-square-foot industrial complex in Lancaster, a southern suburb of Dallas. Completed in 2023, Midpoint Logistics Center comprises two cross-dock distribution facilities with 38- to 40-foot clear heights, ESFR sprinkler systems, LED lighting and ample trailer and vehicle parking. Midpoint Logistics Center was 100 percent leased at the time of sale to two global firms: logistics provider DSV Solutions and appliance manufacturer Electrolux Consumer Products. Trent Agnew, Tom Weber, Parker McCormack, Pauli Kerr, Matthew Barge and Brennan Fewin of JLL represented the seller, California-based Panattoni Development, in the transaction. The buyer and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsTexas

Woodmont Co. Arranges Sale of 10,472 Property in Oak Point, Texas Leased to Goddard School

by Taylor Williams

OAK POINT, TEXAS — Fort Worth-based brokerage firm The Woodmont Co. has arranged the sale of a 10,472-square-foot building in Oak Point, located north of the metroplex in Denton County, that is leased to The Goddard School. The school occupies the newly constructed building on a 15-year, triple-net lease. Russel Wehsener of The Woodmont Co. represented the buyer in the transaction, while Sands Investment Group represented the seller. Both parties requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
Eastport-Plaza-Portland-OR
AcquisitionsLoansOregonRetailWestern

Ethos Commercial Advisors Secures Acquisition Financing for Eastport Plaza Shopping Center in Portland

by Amy Works

PORTLAND, ORE. — Ethos Commercial Advisors has arranged acquisition financing for Eastport Plaza, a neighborhood shopping center in Portland. Situated in Portland’s Jade District, the 275,518-square-foot property is anchored by Ross Dress for Less, LA Fitness, Dollar Tree, a Regal movie theater and an assortment of national and local tenants. The buyers successfully backfilled the former Joanne’s Fabric with a national tenant to occupy 28,000 square feet to bring the center to 95 percent occupancy. Daniel Natsch and Matthew Illias of Ethos Commercial Advisors arranged the five-year, fixed-rate loan with a life insurance company. The loan featured a 66 percent loan-to-value ratio.

Continue Reading
FacebookTwitterLinkedinEmail
Sundance-Apts-Bakersfield-CA
AcquisitionsCaliforniaMultifamilyWestern

CPP Acquires 60-Unit Sundance Apartments in Bakersfield, California

by Amy Works

BAKERSFIELD, CALIF. — Community Preservation Partners (CPP), in partnership with Bettencourt Properties and The Beneficial Housing Foundation, has acquired Sundance Apartments, an affordable housing complex in Bakersfield, with plans to renovate the asset. Located at 6000 White Lane in Bakersfield’s Spice Tract neighborhood, Sundance Apartments was originally built in 1981 and comprises 10 two-story buildings and a single-story building with a community room, laundry room and leasing office. Designed to accommodate families, Sundance Apartments offers 40 two-bedroom and 20 three-bedroom units. CPP’s total development investment is approximately $32.5 million, which includes the purchase price of $20 million and estimated renovation costs of approximately $80,000 per unit. The property will receive significant renovations to improve energy efficiency and modernizations. Specific improvements include the replacement of solar and electrical panels, HVAC units, water heaters and appliances. Additional interior upgrades will include the modernization of bath and kitchen surrounds and fixtures and replacement of unit flooring. Exterior improvements will include roofing replacement, repairs to the property’s asphalt, pavement and paths of travel, as well as upgraded landscaping. CPP also plans to upgrade the property’s community room. CPP is partnering with LifeSTEPS to provide onsite adult education, health and wellness, and skill-building classes and services …

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsGeorgiaSoutheastStudent Housing

Cushman & Wakefield Negotiates Sale of Cottage-Style Student Housing Community in Milledgeville, Georgia

by John Nelson

MILLEDGEVILLE, GA. — Cushman & Wakefield has negotiated the sale of Arcadia on the River, a cottage-style student housing community located near the Georgia College campus in Milledgeville. Built in 2017 at 120 Pumping Station Road, the property offers 510 beds across 123 units. Shared amenities include a pool, tanning ledge, fitness center, yoga studio, sauna, volleyball court, shuttle service to campus, outdoor games and billiards, foosball and table tennis. Travis Prince, Victoria Marks, Shawn Lubic, Taylor Bird and Nelson Abels of Cushman & Wakefield represented the seller, Sanctuary Cos., in the disposition of the property to Time Equities Inc. Terms of the transaction were not released.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsGeorgiaRetailSoutheast

Matthews Brokers $7.6M Sale of Retail Strip Center in Jefferson, Georgia

by John Nelson

JEFFERSON, GA. — Matthews Real Estate Investment Services has brokered the $7.6 million sale of Ole Mill Village, a 27,943-square-foot retail strip center located at 914-948 Lee St. in Jefferson, about 60 miles northeast of Atlanta. Built in 2014 and expanded in 2023, the unanchored retail property was fully leased at the time of sale. Jeff Enck of Matthews represented the seller, a privately held partnership based in Georgia, in the transaction. The buyer was also an investment group based in Georgia. Both parties requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
Forge-at-Glassworks-Aberdeen-New-Jersey
AcquisitionsMultifamilyNew JerseyNortheast

JLL Brokers $57M Sale of Northern New Jersey Apartment Complex

by Taylor Williams

ABERDEEN, N.J. — JLL has brokered the $57 million sale of The Forge at Glassworks, a 170-unit apartment complex located in the Northern New Jersey community of Aberdeen, for $57 million. Built in 2017, the garden-style, market-rate property offers one- and two-bedroom apartments as well as three-bedroom townhomes. The average unit size is 1,077 square feet. Amenities include a resident clubroom, pool, fitness center with yoga studios, game room and multiple outdoor gathering spaces. Jose Cruz, Michael Oliver, Steve Simonelli, Elizabeth DeVesty and Austin Pierce of JLL represented the seller, Ingerman Group, in the transaction and procured the buyer, multifamily development and investment firm Beachwold Residential.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNew YorkNortheastRetail

IPA Negotiates $23.8M Sale of Albany Grocery Store Leased to Market 32

by Taylor Williams

ALBANY, N.Y. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the $23.8 million sale of a 65,000-square-foot grocery store in Albany. Market 32, which is part of the Price Chopper Supermarkets family of brands, occupies and recently extended its lease at the building, which was previously home to ShopRite. Jim Koury and Brad Nathanson of IPA represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestMultifamilyOhio

Reynolds Asset Management Acquires 432-Unit Multifamily Property in Columbus, Ohio

by Kristin Harlow

COLUMBUS, OHIO — Reynolds Asset Management, in partnership with the Slabotsky Family Office, has purchased The Commons at Water’s Edge in Columbus with plans to invest over $10 million to overhaul the property. The 432-unit multifamily community features a mix of one- and two-bedroom units. Renovations are expected to begin immediately and continue through 2026. George Skaff, Carter Stephens and Julie Mickley of Newmark brokered the sale, while Henry Stimler and Ricky Warner of Newmark procured the debt.

Continue Reading
FacebookTwitterLinkedinEmail
Sambur-Pull-Quote
AcquisitionsCompany NewsNew YorkNortheastTop StoriesUtahWestern

Apollo Agrees to Acquire Bridge Investment Group for $1.5B

by Taylor Williams

NEW YORK CITY AND SALT LAKE CITY — Global alternative asset manager and private equity firm Apollo (NYSE: APO) has entered into an agreement to acquire Bridge Investment Group Holdings Inc. (NYSE: BRDG) in an all-stock transaction valued at approximately $1.5 billion. The deal is expected to close in the third quarter. Based in Salt Lake City, Bridge operates nearly a dozen offices nationwide and has approximately $49 billion in assets under management. In addition to some 13.5 million square feet of industrial holdings, the company’s portfolio includes nearly 65,000 residential units across the market-rate, workforce/affordable housing, seniors housing and single-family rental verticals. Bridge was ranked No. 21 on the American Seniors Housing Association’s (ASHA) 2024 list of largest seniors housing owners. Under the terms of the agreement, Bridge stockholders will receive 0.07081 shares of Apollo common stock for each share of Bridge common stock at closing. Both parties value the per-share price at $11.50, which represents a premium of about 45 percent over the company’s closing stock price of $7.92 per share on Friday, Feb. 21. Upon closing, Bridge will operate as a standalone platform within Apollo’s asset management business. Bob Morse, the current executive chairman of Bridge, will …

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts