MCHENRY, ILL. — Marcus & Millichap has brokered the $13.7 million sale of McHenry Town Center, an eight-suite, grocery-anchored center in McHenry. Built in 2003, the 94,658-square-foot property is home to Aldi, Petco, Five Below, Bath & Body Works, Michaels and Famous Footwear. Adrian Mendoza, Sean Sharko and Austin Weisenbeck of Marcus & Millichap represented the seller, a private family with offices overseas and in Chicago, and procured the 1031 exchange buyer.
VIRGINIA BEACH AND NORFOLK, VA. — AH Realty Trust (NYSE: AHRT), a Virginia Beach-based real estate investment trust (REIT) that changed its name from Armada Hoffler two weeks ago, has agreed to sell 11 of its 14 apartment properties to Norfolk-based Harbor Group International LLC for $562 million in an all-cash transaction. The deal marks an effort by AH Realty to pivot away from the multifamily sector. Harbor Group has provided a $15 million nonrefundable deposit for the transaction, which the companies say is not contingent on financing. The portfolio sale is expected to close in mid‑2026, subject to customary closing conditions. “HGI is acquiring a strong, stable portfolio that has served our company well,” says Shawn Tibbetts, chairman, president and CEO of AH Realty Trust. “By realizing the value of these assets, AH Realty Trust is able to simplify our business, strengthen our balance sheet and continue executing our strategy with clarity and purpose.” According to multiple media outlets, including the Baltimore Business Journal, the assets in the portfolio include: AH Realty Trust will retain Smith’s Landing, a five-story, 284-unit property in Blacksburg, Va. The firm will also keep The Everly and Solis Gainesville in Gainesville, Ga., with the intention …
DALLAS — Marcus & Millichap has brokered the sale of a 103-room hotel in West Dallas. The Residence Inn Dallas at The Canyon is an extended-stay hotel that was built in 2018 and offers studio and one-bedroom suites with full kitchens. Amenities include a pool, fitness center, business center and a convenience store. Chris Gomes and Allan Miller of Marcus & Millichap represented the seller, Dallas-based Atlantic Hotel Group, in the transaction. Clayton Hill and Gordon Allred, also with Marcus & Millichap, procured the buyer, a private investment group doing business as Jean Valjean LLC.
TEMPLE, TEXAS — California-based investment firm Vital Capital Partners has purchased a 38,817-square-foot rehabilitation hospital in the Central Texas city of Temple. The 36-bed inpatient facility was developed in 2018 on a six-acre site at 23621 SE H K Dodgen Loop as a build-to-suit project for the tenant, LifePoint Health. The seller and sales price were not disclosed.
NEW YORK CITY — Newmark has brokered the sale of a 32,400-square-foot office and retail building in Manhattan’s SoHo district. The landmark five-story building at 61–63 Crosby St. was fully leased at the time of sale to office users such as Comcast Ventures, Aptos Labs and SISTER Group. Patagonia’s New York City flagship store anchors the building’s retail component. The buyer was local investment firm Vertex, and the seller was undisclosed. Adam Spies, Adam Doneger, Josh King, Marcella Fasulo and Meaghan Philbin of Newmark brokered the deal.
SEATTLE — Cushman & Wakefield has facilitated the disposition of Roy Vue Apartments, a historic 34-unit multifamily property in Seattle’s Capitol Hill neighborhood. The asset traded for $11.5 million. Dylan Roeter, Tim McKay, Dan Chhan, Matt Kemper, Jacob Odegard and Byron Rosen of Cushman & Wakefield represented the undisclosed seller in the transaction. Totaling 34,059 net rentable square feet, Roy Vue Apartments features 30 one-bedroom/one-bath units and four two-bedroom/one-bath units, with an average unit size of more than 1,000 square feet and nine-foot ceilings. Community amenities include private landscaped courtyards, 19 individual garages and updated building systems. The property is located at 615 Bellevue Ave. E.
GILBERT, ARIZ. — CBRE has arranged the acquisition of Arizona Veterinary Specialty Center, a veterinary speciality and emergency care facility in Gilbert. Futurepath Development Services acquired the asset for $11.2 million. Located at 86 W. Juniper Ave., the property offers 28,805 square feet of space. The asset is 68 percent occupied by Arizona Veterinary Emergency & Critical Care Center, a National Veterinary Associates and Ethos Veterinary Health company, and Thrive Pet Healthcare. Nick Whitstone and Miles DeLong of CBRE represented the buyer in the deal.
TUCSON, ARIZ. — Marcus & Millichap has negotiated the sale of Copper Creek, a 99-unit multifamily property in Tucson. A limited liability company sold the asset to a limited liability company for $11.1 million, or $111,869 per unit. Clint Wadlund and Hamid Panahi of Marcus & Millichap represented the seller and procured the buyer in the deal. Built in 1973, Copper Creek offers 99 one-, two- and three-bedroom apartments in traditional and townhome-style options. Units feature fully equipped kitchens with frost-free refrigerators, stoves and dishwashers; ample closet space; windows with sunscreens; wood-style vinyl plank flooring in living areas; ceramic tile in wet areas; and carpet in bedrooms. Select units include a yard, washers/dryers and/or washer/dryer connections. Community amenities include a swimming pool, fully equipped fitness center, basketball courts, clubhouse with a Wi-Fi business center, playground, barbecue areas and laundry facilities.
TUCSON, ARIZ. — Southwest Autism Research & Resource Center has purchased a freestanding office building, located at 3100 N. Campbell Ave. in Tucson, from Siempre Juntos for $2.1 million. Richard Kleiner and Alexis Corona of Cushman & Wakefield | PICOR represented the seller in the deal.
NOBLESVILLE, IND. — Cushman & Wakefield has negotiated the sale of Stony Creek Marketplace, a 204,810-square-foot regional shopping center in Noblesville, a northern suburb of Indianapolis. Anchor tenants include Best Buy, TJ Maxx and HomeGoods. Other retailers include Barnes & Noble, Five Below, PetSmart, Ross Dress for Less and Shoe Carnival. Built in 2003, the asset was fully leased at the time of sale. Evan Halkias, David Matheis and Bill French of Cushman & Wakefield represented the seller, Rainier Cos. A private investor was the buyer.
