Acquisitions

TEI Acquires Retail Property on Jeweler’s Row in Chicago for $3.9M

by Kristin Harlow September 29, 2026

CHICAGO — Time Equities Inc. (TEI) has acquired 33 South Wabash Avenue in Chicago for $3.9 million. Located in the heart of South Loop along historic Jeweler’s Row, the property offers 38 feet of frontage on Wabash Avenue at the base of a 360-unit luxury condominium building, which is also home to the School of the Art Institute of Chicago. Currently fully leased, the 7,400-square-foot, three-unit retail property is home to Goddess & the Baker, Reckless Records and Prasino. Ami Ziff and Jonathan Kim represented TEI on an internal basis. Mitchell Kiven of Marcus & Millichap represented the seller, Newcastle Investors.

September 29, 2026

Acquisitions Multifamily Texas

Marcus & Millichap Brokers Sale of 214-Unit Apartment Complex in Killeen, Texas

by Taylor Williams September 28, 2026

KILLEEN, TEXAS — Marcus & Millichap has brokered the sale of Copper Mountain, a 214-unit apartment complex located in the Central Texas city of Killeen. Built on 8.7 acres in 1985, Copper Mountain offers studio, one- and two-bedroom units and amenities such as a pool, fitness center, business center, playground, basketball and volleyball courts, a pet park and outdoor grilling and dining stations. Alec Schenk, Nick Fluellen, Bard Hoover, Peter Flis and John McGregor of Marcus & Millichap represented the seller, a California-based investor, in the transaction and procured the buyer, a New York-based family office that purchased the property via a 1031 exchange.

September 28, 2026

Acquisitions Retail Texas

JLL Negotiates Sale of 179,376 SF Shopping Center in Southwest Fort Worth

by Taylor Williams September 28, 2026

FORT WORTH, TEXAS — JLL has negotiated the sale of Village at Camp Bowie, a 179,376-square-foot shopping center in Fort Worth. Sprouts Farmers Market anchors the center, which is located on the city’s southwest side. Adam Howells, Chris Gerard, Michael Jankovich and Elizabeth Anne Casillas of JLL represented the seller, Dallas-based Dunhill Partners, in the transaction. EDENS, a regional retail owner-operator based in South Carolina, purchased Village at Camp Bowie for an undisclosed price.

September 28, 2026

Acquisitions Development New York Northeast

Charney Cos. Buys 100,000 SF Commercial Building in Brooklyn, Plans Redevelopment

by Taylor Williams September 28, 2026

NEW YORK CITY — Charney Cos. has purchased a 100,000-square-foot commercial building in Brooklyn’s Williamsburg neighborhood for $20 million with plans to implement a redevelopment. The building at 143 Roebling St., which was vacant at the time of sale, was originally constructed in 1907 and has at times featured retail and residential uses. Ethan Stanton, Brendan Maddigan and Michael Mazzara of JLL represented the seller, Los Angeles-based Calmwater Capital, in the transaction. BH3 Fund Advisors provided acquisition financing for the deal. Charney Cos. did not disclose specific plans for the redevelopment.

September 28, 2026

Acquisitions California Multifamily Student Housing Western

LaSalle Acquires 482-Bed Student Housing Community Near San Jose State University

by Amy Works September 28, 2026

SAN JOSE, CALIF. — LaSalle Investment Management has acquired 27 North Apartments, a 482-bed student housing community located near the San Jose State University campus. The seven-story property offers 119 units in a mix of two-, three- and four-bedroom configurations. The community was fully occupied at the time of sale. The Dinerstein Cos. has been tapped to operate the property, which was built in 2016. The seller and terms of the transaction were not released.

September 28, 2026

Acquisitions California Industrial Office Retail Western

JLL Arranges Sale, Financing of 200,049 SF Shallow-Bay Business Park in Walnut, California

by Amy Works September 28, 2026

WALNUT, CALIF. — JLL Capital Markets has brokered the sale of Walnut Tech Business Center, a shallow-bay business park in Walnut. AEW sold the asset to CIP Real Estate II LLC for $60.6 million. Totaling 200,049 square feet, Walnut Tech Business Center features 11 buildings with 109 individual suites across industrial, flex office and retail designations that are 94 percent leased. Patrick Nally, Evan Moran, Chad Solomon, Shae Vomund and Lauren O’Neill of JLL represented the seller in the deal. Additionally, JLL’s Kevin Mackenzie, Peter Thompson, Kyle White and Colter Smith arranged $42.9 million in acquisition financing for the buyer.

September 28, 2026

Acquisitions California Multifamily Western

Keech Properties Buys Sunsweet Apartments in Silicon Valley for $45M

by Amy Works September 28, 2026

MORGAN HILL, CALIF. — Redwood City, Calif.-based Keech Properties has acquired Sunsweet Apartments in Morgan Hill, about 10 miles south of San Jose, for $45 million. Built in 2020, Sunsweet Apartments is situated on a 1.9-acre site. A resort-style pool, fitness center, clubhouse, electric vehicle charging stations and multiple outdoor gathering spaces complement the 87 studios, one- and two-bedroom units. The property also has roughly 8,000 square feet of ground-floor retail space. According to The Mercury News, the seller was Republic Urban Properties, a San Jose-based developer represented in the deal by Northmarq’s Anthony Pappageorge and Zach LeBeouf.

September 28, 2026

Acquisitions Illinois Industrial Midwest

Transwestern Investments Acquires 408,176 SF Industrial Facility in Chicago’s I-88 Corridor

by Kristin Harlow September 28, 2026

NORTH AURORA, ILL. — Transwestern Investments has acquired a 408,176-square-foot industrial facility in Chicago’s I-88 Corridor on behalf of a separate account. Built in 2023 and located in North Aurora, the fully leased property features a cross-dock configuration, a clear height of 36 feet, 55 dock doors, four drive-in doors and dedicated car and trailer parking. Located 1.7 miles from I-88, the property provides connectivity to I-355, I-294 and the Chicago O’Hare International Airport. Transwestern Services has been retained to provide property management services.

September 28, 2026

Acquisitions Development Industrial Texas

Partnership Acquires Shuttered Mall in North Houston, Plans $150M Industrial Redevelopment

by Taylor Williams September 25, 2026

HOUSTON — A partnership between Dallas-based Lincoln Property Co. (LPC) and New York Life Investment Management has acquired a shuttered mall in North Houston with plans to implement a $150 million industrial redevelopment. Greenspoint Mall first opened in the mid-1970s at the northeast corner of I-45 and Beltway 8 and closed about two years ago. The partnership plans to demolish the mall in the coming days and redevelop the 80-acre site with 1.2 million square feet of cross-dock and rear-load industrial buildings, along with retail and service uses. The new development, which will be known as CityNorth Industrial Park, is expected to be complete in early 2028. Powers Brown Architecture is the project architect. Kimley-Horn is the civil engineer, and E.E. Reed Construction is the general contractor. Warren Hitchcock of Northmarq advised LPC on the joint venture partnership with New York Life.

September 25, 2026

Acquisitions Multifamily Texas

Marcus & Millichap Brokers Sale of 49-Unit Apartment Building in Kerrville, Texas

by Taylor Williams September 25, 2026

KERRVILLE, TEXAS — Marcus & Millichap has brokered the sale of Park Hill, a 49-unit apartment building in Kerrville, about 65 miles northwest of San Antonio. Park Hill was built in 1977 and comprises 11 one-bedroom units and 38 two-bedroom units. Ben Kalter, Will Balthrope and Drew Garza of Marcus & Millichap represented the seller and procured the buyer, both of which were locally based entities that requested anonymity, in the transaction.

September 25, 2026

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