Acquisitions

CBRE Arranges Sale of 372-Unit Multifamily Community in Indianapolis

by Kristin Harlow March 24, 2026

INDIANAPOLIS — CBRE has arranged the sale of Deercross, a 372-unit multifamily property in Indianapolis. Iconic Property Partners purchased the asset from an affiliate of Wilkinson Corp. for an undisclosed amount. CBRE’s Hannah Ott, George Tikijian, Cam Benz and Claire Hassfurther represented the seller. Built in 1979, Deercross has undergone significant renovations during Wilkinson’s ownership, including new windows and complete interior upgrades across all units. Amenities include a business center, basketball court, fitness center, laundry facilities, picnic areas and a dog park.

March 24, 2026

Acquisitions Industrial Midwest Ohio

Colliers Brokers Sale of 54,672 SF Industrial Facility in Marysville, Ohio

by Kristin Harlow March 24, 2026

MARYSVILLE, OHIO — Colliers has brokered the sale of a 54,672-square-foot industrial facility located at 14711 Industrial Parkway in Marysville near Columbus. Delivered in 2024, the property is fully leased to seven tenants averaging 7,810 square feet. The facility features clear heights ranging from 24 to 26 feet, six dock doors, eight drive-in doors and a 120-foot truck court. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, Tyler Ziebel and Jonathan Schuen of Colliers represented the seller, Pioneer Development. The buyer was a local private investor.

March 24, 2026

Acquisitions Affordable Housing Multifamily New York Northeast

Ariel Property Advisors Arranges $55.6M Sale of Harlem Affordable Housing Portfolio

by Taylor Williams March 24, 2026

NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has arranged the $55.6 million sale of the Harlem River Point Portfolio, a collection of two affordable housing buildings totaling 315 units in Harlem. Harlem River Point North is an 11-story, 173-unit building that was constructed in 2015 and includes two commercial units. Harlem River Point South rises 14 stories, totals 140 units and was built in 2014. Amenities include a fitness center, playground and onsite laundry facilities. Victor Sozio, Shimon Shkury, Alexander Taic, Jake Brody and Remi Mandell of Ariel brokered the deal. The buyer and seller were not disclosed.

March 24, 2026

Acquisitions Industrial Northeast Pennsylvania

Endurance Real Estate Sells Light Industrial Portfolio Near Pittsburgh for $53.5M

by Taylor Williams March 24, 2026

SEWICKLEY, PA. — Regional owner-operator Endurance Real Estate Group has sold a portfolio of six light industrial buildings totaling 379,440 square feet in Sewickley, located northwest of Pittsburgh, for $53.5 million. Known as the 79 North Portfolio, the buildings are situated on a combined 88.3 acres and feature an average clear height of 22 feet. Mike Hines, Brad Ruppel and Joe Hill of CBRE, along with Mateo Villa and Connor Jangro of local commercial services firm Genfor Real Estate, brokered the deal. The buyer was an undisclosed REIT. The portfolio was 99 percent leased at the time of sale.

March 24, 2026

Acquisitions New Jersey Northeast Retail

JLL Brokers Sale of 147,000 SF Shopping Center in North Brunswick, New Jersey

by Taylor Williams March 24, 2026

NORTH BRUNSWICK, N.J. — JLL has brokered the sale of The Shoppes at North Brunswick, a 147,000-square-foot shopping center located about 40 miles southwest of Manhattan. Built on 16 acres in 2007, the center was 86.7 percent leased at the time of sale. Tenants include Starbucks, Chipotle Mexican Grill, Bath & Body Works, Men’s Wearhouse, Crumbl Cookies, Banana Republic, Big Blue Swim School and Orangetheory Fitness. Jose Cruz, Kevin O’Hearn and J.B. Bruno of JLL represented the seller, an affiliate of local owner-operator The Azarian Group, in the transaction. The buyer was a local private investor.

March 24, 2026

Acquisitions Industrial Texas

Logistics Property Co. to Develop 1.4 MSF Industrial Park in Grand Prairie, Texas

by Taylor Williams March 23, 2026

GRAND PRAIRIE, TEXAS — Logistics Property Co. will develop a 1.4 million-square-foot industrial park in Grand Prairie, roughly midway between Dallas and Fort Worth. The Chicago-based developer has purchased 109 acres at the intersection of President George Bush Turnpike and Shady Grove Road for the project, which will be known as Bear Creek Logistics Park. The five-building development will be constructed in two phases, with Phase I comprising 534,378 square feet across two buildings that will feature 36- to 40-foot clear heights. Completion of Phase I is slated for early 2028. Logistics Property Co. has tapped CBRE to lease Bear Creek Logistics Park.

March 23, 2026

Acquisitions Hospitality Texas

Marcus & Millichap Brokers Sale of 107-Room Hotel in Pecos, Texas

by Taylor Williams March 23, 2026

PECOS, TEXAS — Marcus & Millichap has brokered the sale of a 107-room hotel in Pecos, located roughly midway between Midland and El Paso. The hotel is operated under the Best Western brand, and the sale included the Alpine Lodge restaurant, Ol’ Barrys Tavern and The Villas, a 33-unit manufactured housing community situated behind the hotel. Allan Miller and Chris Gomes of Marcus & Millichap represented the seller, an entity doing business as Catering of Central Texas LLC, in the transaction and procured the buyer, a private investor group.

March 23, 2026

Acquisitions Industrial Office Texas

Colliers Brokers Sale of 51,150 SF Industrial Flex Building in Southeast Houston

by Taylor Williams March 23, 2026

HOUSTON — Colliers has brokered the sale of a 51,150-square-foot industrial flex building in southeast Houston. According to LoopNet Inc., the building at 9191 Gulf Freeway was completed in 2015, offers 18- to 21-foot clear heights and was 86 percent leased at the time of sale. David Carter and Jeff Peltier of Colliers represented the seller in the transaction, and Chase Spence and Jordan Trout, also with Colliers, represented the buyer. Both parties requested anonymity.

March 23, 2026

Acquisitions Multifamily Northeast Rhode Island

Audubon Capital Buys 151-Unit Multifamily Portfolio in Providence

by Taylor Williams March 23, 2026

PROVIDENCE, R.I. — Audubon Capital Partners, a real estate private equity firm, has purchased a portfolio of two multifamily properties totaling 151 units in Providence. Both Chestnut Commons (92 units) and 95 Lofts (59 units) are located in the downtown area on adjacent sites. Chestnut Commons was built in 2020 and offers one-, two- and three-bedroom units with an average size of 774 square feet, while 95 Lofts was completed in 2017 and features studio, one- and two-bedroom floor plans with an average size of 550 square feet. Simon Butler, Biria St. John, John McLaughlin and Brian Bowler of CBRE represented the sellers, represented the sellers, two partnerships led by Waldorf Capital Management, in the transaction.

March 23, 2026

Acquisitions Multifamily New Jersey Northeast

Kislak Negotiates $20M Sale of Apartment Complex in Neptune City, New Jersey

by Taylor Williams March 23, 2026

NEPTUNE CITY, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated the $20 million sale of Hampshire Terrace, an 80-unit apartment complex located in the coastal New Jersey community of Neptune City. The garden-style, freshly renovated complex offers 56 one-bedroom units and 24 two-bedroom units. Robert Holland of Kislak represented the seller, Hampshire Associates, in the transaction. Daniel Lanni, also with Kislak, represented the undisclosed buyer.

March 23, 2026

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