MIDDLETOWN, CONN. — Colliers has brokered the sale of a 32,000-square-foot industrial building in Middletown, a southern suburb of Hartford. The building sits on a 3.5-acre site at 2303 S. Main St. and features a clear height of 20 feet. Philip Gagnon of Colliers represented the undisclosed buyer in the transaction. Yalesville Properties sold the building for an undisclosed price.
ALPHARETTA, GA. — Lincoln Property Co. has acquired a 10-property industrial portfolio in Alpharetta, a northern suburb of Atlanta. The seller and sales price were not disclosed. The properties within the approximately 1.1 million-square-foot portfolio were built between 1995 and 2000 and feature 18- to 23-foot clear heights, truck courts and roughly 24 percent office finishes. The portfolio, which was fully leased at the time of sale to 21 tenants, represents the fourth acquisition for the Lincoln Logistics Fund II.
LOXLEY, ALA. — Marcus & Millichap’s Taylor McMinn Retail Group has negotiated the sale of a newly constructed gas station and convenience store in Loxley, an eastern suburb of Mobile, Ala. Wawa occupies the retail property on a 20-year lease that features 7 percent rental increases starting in year 11 of the initial term and extension options. An investor purchased the property for an undisclosed price in a 1031 exchange all-cash from an Alabama-based development firm. Both parties requested anonymity. Don McMinn and Andrew Koriwchak of Taylor McMinn Retail Group brokered the transaction. “This marks our third Wawa closing in Alabama,” says McMinn. “As the third brokerage team engaged to market the property, we drew on our platform’s reach and extensive investor network to bring the transaction to a successful close at 97 percent of list price despite challenging market conditions.”
AUBREY, TEXAS — Marcus & Millichap has brokered the sale of a 54,777-square-foot industrial flex building in Aubrey, located north of the metroplex in Denton County. The building at 1518 Navo Road was constructed on 4.5 acres in 2022 and houses 20 suites. Cole Collins, Adam Abushagur and Davis Cagle of Marcus & Millichap represented the seller, Preston Forrest Capital, in the transaction and procured the buyer, Masina Investment Partners.
KATY, TEXAS — Dallas-based brokerage firm STRIVE has arranged the sale of Peek Plaza I & II, two 10,000-square-foot retail strip centers located in the western Houston suburb of Katy. Peek Plaza I & II were completed in late 2023 and were fully leased at the time of sale. STRIVE represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.
PHILADELPHIA —Denver-based investment firm Speed Bay Warehouse Solutions has purchased a portfolio of eight industrial buildings totaling 488,936 square feet in the greater Philadelphia area. Collectively known as the Philadelphia Interstate Portfolio, the buildings are located throughout New Jersey’s Burlington County and Pennsylvania’s East Montgomery and Delaware counties. Building vintages span 1972 to 2004. The average unit size is 20, 372 square feet, and the buildings’ clear heights range from 17 to 33 feet. The portfolio was approximately 90 percent leased at the time of sale. The seller and sales price were not disclosed.
HOBOKEN, N.J. — JLL has brokered the sale of 1000 Jefferson, a 217-unit apartment building in Hoboken. Built in 2007, the six-story building houses 93 one-bedroom units, 114 two-bedroom residences and 10 three-bedroom apartments with an average size of 960 square feet. Amenities include a pool, fitness center and a rooftop deck. Jose Cruz, Steve Simonelli, Mike Oliver, Elizabeth DeVesty, Austin Pierce and Luke Chakonis of JLL represented the seller, Clarion Partners, in the transaction. Atlanta-based Invesco Real Estate purchased the building for an undisclosed price.
DUNWOODY, GA. — TruAmerica Multifamily has acquired Bricks at Perimeter, a 446-unit, garden-style apartment community located in Dunwoody, roughly 16 miles north of downtown Atlanta. The seller and sales price were not disclosed. Built in 2007, Bricks at Perimeter offers 16 studios, 250 one-bedroom, 154 two-bedroom and 26 three-bedroom apartments averaging 926 square feet in size. Amenities at the property include a fitness center, electric vehicle charging stations, a swimming pool, clubhouse, putting greens, a grill, dog park, business center and access to MARTA. As part of the acquisition, TruAmerica plans to renovate the property as 442 out of 446 apartments are still outdated or only partly upgraded.
LARGO, FLA. — MCB Real Estate has acquired Keene Plaza, an 81,272-square-foot shopping center located at 2150 E. Bay Drive in Largo, roughly 23 miles northeast of Tampa. The seller and sales price were not disclosed. Sprouts Farmers Market and BioLife Plasma Services anchor the retail property, which features a mix of additional tenants such as McDonald’s, Little Caesars, Dollar General, Hibachi Express, The Corner Skillet and Corner Wash Laundry. Renovated in 2025, recent improvements at the retail center include fresh building façades, resurfaced parking facilities, enhanced lighting, modernized retail suite interiors, updated mechanical systems and new roof installations.
SAN JOSE, CALIF. — TMG Partners, in partnership with accounts managed by global investment firm KKR, has purchased Skyport Plaza, an office and retail complex at 1650 and 1700 Technology Drive and 50 and 90 Skyport Drive in San Jose. Terms of the acquisition were not released. In conjunction with the purchase, TMG Partners signed a long-term lease with the County of Santa Clara that, after extensive renovation of the two office buildings, is projected to commence in the first quarter of 2029 through 2059. Completed in 2001 and institutionally maintained, the 435,000-square-foot Skyport Plaza features floor plates of approximately 25,000 square feet. The property consists of two eight-story office towers totaling 393,000 square feet and two retail buildings totaling 42,000 square feet. The retail portion is 97 percent leased to a childcare facility, restaurants and cafés.