Acquisitions

Marcus & Millichap Brokers $5.8M Sale of Medical Office Property in Davison, Michigan

by Kristin Harlow July 17, 2026

DAVISON, MICH. — Marcus & Millichap has brokered the $5.8 million sale of a 50,017-square-foot medical office property in Davison, a suburb of Flint. The two-suite office building is situated on 3.3 acres at 1515 Cal Drive. Built in 2003, the property is fully occupied by McLaren Health Management Group and The Cottage of Davison. McLaren provides home health, palliative care, hospice, home infusion, long-term care pharmacy and comprehensive laboratory services. The Cottage of Davison is a full-service memory care community. Jacob Keith and David Weinberg of Marcus & Millichap represented the seller, the owner and build-to-suit developer. A local OBR procured the buyer, a Michigan-based investor.

July 17, 2026

Acquisitions Florida Industrial Southeast

JLL Negotiates $67.7M Sale of Three Industrial Buildings in Lakeland, Florida

by Abby Cox July 17, 2026

LAKELAND, FLA. — JLL Capital Markets has negotiated the $67.7 million sale of three industrial buildings located within Lakeland Commerce Center in Lakeland, a city in Central Florida between Tampa and Orlando. Cody Brais, John Huguenard, Luis Castillo, Taylor Osborne, David Orta Jr. and Mia Gian of JLL represented the seller, Atlanta-based Stonemont, in the transaction. MDH Partners, also based in Atlanta, was the buyer. Positioned along the County Line Road corridor between I-4 and Lakeland Linder International Airport, Lakeland Commerce Center Buildings 100, 200 and 300 are three newly constructed, rear-load industrial buildings totaling 557,100 square feet. The property provides same-day delivery access to Florida’s residents, as well as logistics services throughout the Southeastern United States. Lakeland Commerce Center spans four buildings. MetLife purchased the fourth building, the 348,740-square-foot Building 400, for $50 million in March 2025.

July 17, 2026

Acquisitions Georgia Retail Southeast

Marcus & Millichap Brokers $2.9M Sale of Neighborhood Retail Center in Fairburn, Georgia

by Abby Cox July 17, 2026

FAIRBURN, GA. — Marcus & Millichap has brokered the $2.9 million sale of the Shops at Hampton Oaks, a 20,295-square-foot neighborhood retail center located in Fairburn, about 20 miles southwest of Atlanta. Zach Taylor and Eric Abbot of Marcus & Millichap’s Atlanta office represented the seller, a partnership controlled by Jacksonville-based Regency Centers, in the transaction. The buyer was not disclosed. Built in 2008, the Shops at Hampton Oaks features eight retail suites and was 93 percent occupied at the time of sale to a mix of fitness, experiential and service-oriented tenants. Surrounded by the Hampton Oaks residential community, the property is situated near major employers such as Delta Airlines, Coca-Cola and Hartsfield-Jackson Atlanta International Airport.

July 17, 2026

Acquisitions California Multifamily Western

Prime Residential Purchases Palm Court Apartments in Los Angeles for $51.2M

by Amy Works July 17, 2026

LOS ANGELES — Prime Residential has purchased Palm Court Apartments, a 132-unit multifamily property located in the Miracle Mile neighborhood of Los Angeles, for $51.2 million, or $388,258 per unit. Jeff Louis, Gayle Factor and Elliot Sabag of Marcus & Millichap represented the the seller, a private investor, in the transaction. Matt Ziegler of Marcus & Millichap, along with Louis, Factor and Sabag, procured the buyer. Located at 740 S. Burnside Ave., Palm Court Apartments features 48 one-bedroom/one-bath units, 72 two-bedroom/two-bath units and 12 three-bedroom/two-bath units. Apartments include custom cabinetry, quartz countertops and stainless steel appliances. Community amenities include controlled-access gated parking, heated pool and spa, fitness center, saunas, rooftop sundeck and laundry facilities on each floor. The property was built in 1988.

July 17, 2026

Acquisitions Colorado Retail Western

Western Centers Sells Three-Property Retail Portfolio in Metro Denver for $30.3M

by Amy Works July 17, 2026

PARKER, AURORA AND LITTLETON, COLO. — Western Centers Inc. has sold a three-property retail portfolio in metro Denver to local investment firm CentrePoint Properties for $30.3 million. The portfolio includes the 56,000-square-foot Cottonwood Square in Parker, the 26,000-square-foot Bristol Pointe in Aurora and the 28,000-square-foot Foothill Green in Littleton. Jon Hendrickson and Aaron Johnson of Cushman & Wakefield represented the seller in the transaction. Craig Branton and Mickey Moran of Greystone, in partnership with Cushman & Wakefield’s Denver-based debt team, arranged acquisition financing for all three properties.

July 17, 2026

Acquisitions California Industrial Western

Avison Young Brokers $8.8M Sale of Industrial Property in San Diego’s Otay Mesa District

by Amy Works July 17, 2026

SAN DIEGO — Avison Young has brokered the $8.8 million sale of an industrial property located at 7577 Airway Road in the Otay Mesa submarket of San Diego. An undisclosed buyer acquired the asset from a Miami-based private investor. Situated on 4.2 acres, the 31,488-square-foot industrial property features seven dock-high loading doors and three grade-level doors. Tanner Johnson and Jamie Endres-Keller of Avison Young, along with Barry Katz and Blake Katz of WGS Realty, represented the seller in the deal., while Price Real Estate Investments represented the buyer.

July 17, 2026

Acquisitions Multifamily Southeast Virginia

Capital Square Sells 2000 West Creek Apartments in Richmond for $115M

by John Nelson July 16, 2026

RICHMOND, VA. — Capital Square has sold 2000 West Creek, a 373-unit apartment community in Richmond, for $115 million. The locally based company purchased the property in 2019 in a Delaware statutory trust program (DST) for $103 million, giving the trust’s 115 exchange investors a 137 percent total return and more than $17.5 million in distributions during Capital Square’s seven-year hold period. Will Mathews, Thomas Leachman and William Dickinson of Colliers represented the undisclosed seller in the transaction. 2000 West Creek sits on 23 acres and offers one- and two-bedroom apartments and townhomes ranging in size from 774 to 1,246 square feet. Amenities include reserved and garage parking, rentable storage units, bike storage, a coffee bar, conference and meeting rooms, a community lounge and clubhouse, heated saltwater swimming pool, firepit, grilling stations, package and storage system, gift wrapping station, fitness center, dog park and pet spa, media lounge, billiards/game room and a convenience center.

July 16, 2026

Acquisitions Louisiana Retail Southeast

Marcus & Millichap Arranges Sale of 33,744 SF Retail Center in Prairieville, Louisiana

by John Nelson July 16, 2026

PRAIRIEVILLE, LA. — Marcus & Millichap has arranged the sale of Commerce Centre, a 33,744-square-foot retail center located at 17097 Airline Highway in Prairieville, about 18 miles southeast of Baton Rouge. Built in 2015 on four acres, the multi-tenant retail center features 14 suites that were 72 percent occupied at the time of sale. Cole Voyles, Gus Lagos and Alex Wolansky of Marcus & Millichap’s Houston office represented the seller, a local owner, in the transaction. Steve Greer, Marcus & Millichap’s broker of record in Louisiana, participated in the negotiations. The buyer was an unnamed, East Coast-based investor. The sales price was also not disclosed, but Commerce Centre traded at the full asking price, according to Marcus & Millichap.

July 16, 2026

Acquisitions Industrial Texas

Partnership Sells 49,650 SF Industrial Complex in Carrollton, Texas

by Taylor Williams July 16, 2026

CARROLLTON, TEXAS — A partnership between Birtcher Anderson & Davis Associates and Belay Investment Group has sold a 49,650-square-foot industrial complex in the northern Dallas metro of Carrollton. The two-building property at 1415-1425 Whitlock Lane was fully leased at the time of sale. Stream Realty Partners marketed the property for sale. The buyer and sales price were not disclosed.

July 16, 2026

Acquisitions Florida Industrial Southeast

NAI Miami | Fort Lauderdale Brokers $6.6M Sale of Industrial Site in Medley, Florida

by John Nelson July 16, 2026

MEDLEY, FLA. — NAI Miami | Fort Lauderdale has brokered the $6.6 million sale of a 2.6-acre industrial site located at 7501 N.W. 72nd Ave. in Medley, about 14 miles northwest of Miami. Locally based Tekton Construction Corp. purchased the site from the seller, an entity doing business as 7501 Medley Civil LLC. Larry Gautier and Michael Holmquist of NAI Miami | Fort Lauderdale represented the seller in the transaction. The site, which features an existing facility, fronts Milam Dairy Road (State Route 969) and provides convenient access to U.S. Highway 27. Future plans for the site were not released.

July 16, 2026

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