Acquisitions

Cushman & Wakefield Brokers Sale of 170,000 SF Office Campus in New Albany, Ohio

by Kristin Harlow October 1, 2025

NEW ALBANY, OHIO — Cushman & Wakefield has brokered the sale of a 170,000-square-foot office campus located at 8111 Smith’s Mill Road in New Albany near Columbus. EOG Resources Inc., one of the largest crude oil and natural gas exploration and production companies in the United States, was the buyer. The campus will house EOG Resources’ new Columbus division, adding support for the company’s Utica Shale asset development close to its operations in the region. The LEED Gold-certified building offers office, training and lab facilities along with modern amenities. Randy Stephens and W. Allan Meadors of Cushman & Wakefield represented EOG Resources in the transaction. The company plans to open the new office later this year.

October 1, 2025

Acquisitions Office Retail Texas

HGIT Acquires Office, Retail Development in Houston for $137.5M

by Taylor Williams September 30, 2025

HOUSTON — Hines Global Income Trust (HGIT) has acquired Montrose Collective, a 189,000-square-foot office and retail development located just outside of downtown Houston, for $137.5 million. Montrose Collective houses the offices of Live Nation and Pattern Energy, as well as a range of shopping and dining establishments. Montrose Collective was fully leased at the time of sale. John Mooz and Ashley Prasse-Freeman led the transaction for the new ownership on an internal basis. The seller was not disclosed.

September 30, 2025

Acquisitions Industrial Texas

Brennan, PCCP Buy 1.3 MSF Industrial Park in Northwest Houston

by Taylor Williams September 30, 2025

HOUSTON — A joint venture between Chicago-based Brennan Investment Group and Los Angeles-based PCCP LLC has purchased a 1.3 million-square-foot industrial park in northwest Houston in a short-term sale-leaseback. The development, which will soon be vacant, comprises 16 buildings that range in size from 11,000 to 450,000 square feet on a 126-acre site. Constructed between 1999 and 2018, the buildings feature HVAC-equipped warehouses, bridge cranes, heavy power capacities, industrial outdoor storage space and above-standard clear heights. Brennan and PCCP acquired the property from subsea oil and gas equipment manufacturer Innovex. John Ferruzzo of KBC Advisors brokered the deal.

September 30, 2025

Acquisitions Multifamily Texas

Newmark Arranges Sale of 261-Unit River House Apartments in San Antonio

by Taylor Williams September 30, 2025

SAN ANTONIO — Newmark has arranged the sale of River House, a 261-unit apartment complex in San Antonio’s Riverwalk district. The midrise building was completed in 2015 and offers studio, one-, two- and three-bedroom units that range in size from 527 to 1,465 square feet. Amenities include a pool, fitness center, dog park, community kitchen and package lockers. Matt Michelson and Patton Jones of Newmark represented the seller, locally based investment firm Hixon Properties, in the transaction. The buyer and sales price were not disclosed. River House was 95 percent occupied at the time of sale.

September 30, 2025

Acquisitions Kentucky Seniors Housing Southeast

LTC Properties Completes $40M Acquisition of Two Seniors Housing Communities in Kentucky

by John Nelson September 30, 2025

WESTLAKE VILLAGE, CALIF. — LTC Properties has completed the acquisition of two seniors housing communities located in Kentucky. An undisclosed seller sold the properties for $40 million. Opened in 2023, the properties together total 158 units and feature assisted living and memory care residences. Charter Senior Living manages the communities, the locations of which were not disclosed. California-based LTC plans to execute an additional $195 million in seniors housing operating portfolio acquisitions by mid-October and an additional $90 million by the end of the year.

September 30, 2025

Acquisitions Louisiana Retail Southeast

Disney Investment Group Negotiates Sale of 157,818 SF Shopping Center in Lake Charles, Louisiana

by John Nelson September 30, 2025

LAKE CHARLES, LA. — Disney Investment Group (DIG) has negotiated the sale of Southgate, a 157,818-square-foot shopping center located in Lake Charles. The center has been anchored by a 37,442-square-foot Market Basket grocery store for nearly 40 years. Additional tenants at the property, which was 90.8 percent leased at the time of sale, include Dollar Tree, Office Depot, Books-A-Million and Oak Street Health. David Disney and Adam Crockett of DIG represented the seller and procured the buyer in the transaction. The sales price was not released.

September 30, 2025

Acquisitions California Industrial Western

MDH Partners Buys Four-Building Industrial Park in Ontario, California

by Amy Works September 30, 2025

ONTARIO, CALIF. — MDH Partners has purchased Ontario Commerce Park II, a four-building, 133,400-square-foot industrial asset situated within California Commerce Center in Ontario. James Hwang of MDH Partners served as acquisition lead and Michael Hefner of Voit Real Estate Services represented the undisclosed seller in the deal. Terms of the transaction were not released. Divisible to up to 19 individual units, Ontario Commerce Park II consists of two buildings at 720 and 780 S. Milliken Ave. totaling 31,448 square feet and featuring grade-level loading and 16-foot warehouse clearance; and two buildings, totaling 101,952 square feet, at 740 and 760 S. Milliken Ave. with 25- to 26-foot warehouse clearance, dock-high loading and grade-level ramps. At the time of sale, the buildings were fully leased to nine tenants.

September 30, 2025

Acquisitions California Loans Retail Western

BISON Partners, PCCP Receive $29M in Financing for Bernal Plaza Shopping Center in San Jose, California

by Amy Works September 30, 2025

SAN JOSE, CALIF. — A joint venture between BISON Partners and PCCP has received $29 million in acquisition financing for Bernal Plaza, an open-air retail center in San Jose. Alex Olson, Todd Sugimoto, Lauren Sackler and Danny Ryan of JLL Capital Markets secured the floating-rate acquisition loan through Forbright Bank for the borrower. The joint venture acquired the asset from a private seller, which had owned the property for 20 years, in an off-market transaction. Situated on 16 acres at 101-125 Bernal Road, Bernal Plaza offers 139,559 square feet of retail space that was 94 percent leased at the time of sale. Current tenants include Ross Dress for Less, McDonalds, Shell and a Tesla charging station.

September 30, 2025

Acquisitions Nevada Office Western

CBRE Arranges $6.4M Sale of Las Vegas Office Property

by Amy Works September 30, 2025

LAS VEGAS — CBRE has arranged the sale of a 24,362-square-foot office property located at 9501 Hillwood Drive in Las Vegas. A local owner-user acquired the asset from Hillwood Properties LLC for $6.4 million. The property features an outdoor amphitheater, rotunda entrance and an auditorium. Marc Magliarditi of CBRE represented the seller in the deal.

September 30, 2025

Acquisitions Kansas Midwest Missouri Multifamily

Berkadia Arranges Sales of Three Multifamily Properties in Kansas City Market

by Kristin Harlow September 30, 2025

KANSAS CITY, MO. — Berkadia has arranged the sale of Ashton Court, a 41-unit multifamily property built in 1960, and Ashton Place, a 37-unit community constructed in 1961, in Kansas City. Michael Spero, Niko Vrentas and Simon Rodewald of Berkadia represented the seller, Shawnee, Kan.-based Landmark Realty. Kansas City-based G1 Real Estate was the buyer. Additionally, the Berkadia team negotiated the sale of The Marseilles Apartments, a 28-unit property in Fairway, Kan. A private Missouri-based partnership sold the asset to Northfield, Ill.-based QMR Partners LLC. Built in 1971, the community offers a mix of studio, one- and two-bedroom units as well as a swimming pool and structured parking garage.

September 30, 2025

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