SCOTTSDALE, ARIZ. — LevRose Commercial Real Estate has directed the sale of Ventura Gateway, a multi-tenant office building in Scottsdale. The property traded for $9.7 million, or $185 per square foot. Situated on 3.3 acres at 8687 E. Via de Ventura, the property offers 52,583 square feet of office space. Jason Reddington and Keri Davies of LevRose represented the undisclosed buyer and undisclosed seller in the deal.
TUCSON, ARIZ. — Legacy Property Management has completed the sale of a 50,000-square-foot office space at 155 N. Rosemont Blvd. in Tucson. The Special Fund of the Industrial Commission of Arizona acquired the space for $8.5 million. Richard Kleiner and Alexis Corona of Cushman & Wakefield | PICOR represented the seller, while Christopher Corney of Jones Lang LaSalle Americas represented the buyer in the deal.
ESCONDIDO, CALIF. — Enduring Real Estate has brokered the sale of a vacant gas station located at 2004 E. Valley Parkway in Escondido. As attorney-in-fact, Dan Forde of Hoffman and Forde sold the asset to ASA Danial LLC for $5 million. Kevan McDougal and Joe Wojdowski of Enduring Real Estate represented the seller in the deal. The 23,087-square-foot parcel features a convenience store, auto repair facility, 16 gas dispensers and four 10,000-gallon double-wall tanks. Due to health issues of the previous ownership, the station was not operational for several years. The buyers plan to reopen the gas station after a six-month renovation.
RALEIGH, N.C. — Avison Young has brokered the sale of Midtown North, an 81,901-square-foot office park located at 5910-6040 Six Forks Road in Raleigh. Stephens Enterprises LLC purchased the five-building property for $16 million. Bill Aucoin and Gary Lyons of Avison Young represented the seller, Frank Csapo with Commonwealth Partners LLC. In 2015, Aucoin represented Commonwealth Partners in its acquisition of the park, which at the time was known as Twin Forks Office Park. Situated on 8.8 acres, Midtown North was 79 percent leased at the time of sale to a mix of tenants including several healthcare users.
TAMPA, FLA. — Berkadia has negotiated the sale of Home2 Suites Tampa Brandon, a 125-room hotel located at 10323 Palm River Road in Brandon, an eastern suburb of Tampa. Kyle Sahlsten of Berkadia represented the seller, an affiliate of Sarasota, Fla.-based Floridays Development Co., in the transaction. A Massachusetts-based entity doing business as AAM 15 Management LLC purchased the hotel for an undisclosed price. Built in 2018, the hotel features an outdoor pool, fitness center, a business center and complimentary breakfast for guests.
GALLATIN, TENN. — BWE has arranged the sale of The Capstone at Station Camp, a 100-unit assisted living and memory care facility located at 108 Miss B Blvd. in Gallatin, about 30 miles northeast of Nashville. Charley Bissell, Ryan Stoll and Taylor Mokris of BWE represented the seller, Hunt Midwest, in the transaction. BWE also arranged acquisition financing through a regional bank on behalf of the buyer, an unnamed healthcare investment firm based in Texas. The sales price and loan amount were not disclosed. TerraBella Senior Living operates The Capstone at Station Camp.
BOSSIER CITY, LA. — Red Oak Capital Holdings LLC has provided a $3.5 million bridge loan for the acquisition and repositioning of Swan Lake Apartments, an 82-unit community located at 4632 Ruffin St. in Bossier City. Stratos Athanassiades, Thomas Gorski and James Myatt of Red Oak secured the loan on behalf of the borrower, GemStar Capital Group. The loan features an initial 18-month term and was underwritten at a loan-to-stabilized-value ratio of 73.46 percent. Built in 1970, Swan Lake comprises 12 two-story buildings and was 82 percent occupied at loan closing. The 5.2-acre property features a unit mix of 35 one-bedroom, 41 two-bedroom and six three-bedroom apartments. The borrower plans to make light interior renovations and modest exterior repairs/enhancements over the next 12 months. Swan Lake is the first acquisition outside of the Northeast for GemStar.
VALLEY VIEW, TEXAS — Marcus & Millichap has brokered the sale of A-Affordable Boat & RV Storage, a 451-unit facility located in the North Texas city of Valley View. The facility was built on 12.5 acres in 2023 and totals 175,254 net rentable square feet. The unit mix comprises 381 covered parking spaces, 29 uncovered spaces, 23 climate-controlled self-storage units, 17 non-climate-controlled drive-up units and a 720-square-foot apartment. Danny Cunningham, Brandon Karr and Jon Danklefs of Marcus & Millichap represented the seller, Ciera Bank, which had foreclosed on the property in early 2025, in the transaction. The buyer was not disclosed.
CAMBRIDGE, MASS. — Walker & Dunlop has arranged the $53.6 million sale of 929 MASS, a two-building, mixed-use property in Cambridge, located across the Charles River from Boston. The property consists of 18-story building with 96 apartments, 12,451 square feet of commercial space and 101 parking spaces, along with a contiguous five-story building with 31 residential units. Travis D’Amato, Michael Coyne, Brendan Shields, Kevin Gleason and Maggie McFarland of Walker & Dunlop represented the undisclosed, institutional seller in the transaction. The buyer was John M Corcoran & Co.
HACKETTSTOWN, N.J. — Saddleback Real Estate Developers has sold a 50,000-square-foot industrial building in Hackettstown, about 65 miles west of New York City, for $13 million. The buyer was Bytech, a Brooklyn-based mobile accessories manufacturer. The newly constructed building at 999 Willow Grove St. features clear heights of 28 to 32 feet, four loading doors and an acre of outdoor storage space. Robert Adams of Garden State Realty brokered the sale of the building, which was financed by Kearny Bank.
