Saturday, June 14, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Acquisitions

The-Falls-at-Canyon-Rim-South-Ogden-UT
AcquisitionsMultifamilyUtahWestern

TruAmerica Buys 288-Unit The Falls at Canyon Rim Apartments in South Ogden, Utah

by Amy Works

SOUTH OGDEN, UTAH — Los Angeles-based TruAmerica Multifamily has purchased The Falls at Canyon Rim, an apartment property in South Ogden, approximately 25 miles north of Salt Lake City. Terms of the transaction were not released. The Falls at Canyon Rim offers 288 one-, two- and three-bedroom apartments averaging nearly 1,200 square feet. Community amenities include a swimming pool, year-round hot tub, 24-hour fitness center, barbecue grills, two playgrounds, basketball courts, tennis courts, recreation rooms and a dog park. Institutional Property Advisors, a division of Marcus & Millichap, represented the undisclosed seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestMultifamily

Interra Realty Brokers $9.3M Sale of Multifamily Portfolio on Chicago’s South Side

by Kristin Harlow

CHICAGO — Interra Realty has brokered the sale of a three-building, 114-unit multifamily portfolio on Chicago’s South Side for $9.3 million. Two buildings, 7131 S. Bennett Ave. and 1949 E. 73rd Ave., are located in the South Shore neighborhood, while the third property, 6600 S. Ingleside Ave., is in the Woodlawn neighborhood. Lucas Fryman of Interra represented the buyer and seller, both based in Brooklyn, N.Y. The purchaser assumed the asset’s existing mortgage, which carries a 3.29 percent interest rate that matures at the end of 2032. Built in the early 1920s, the properties were 95 percent occupied at the time of sale. All three buildings have undergone capital improvements in recent years to include upgraded exteriors, building systems and unit interiors. The new ownership plans to continue the modernization with new appliances, fixtures and paint.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsFloridaRetailSoutheast

SRS Brokers $5M Sale of Two-Tenant Retail Property in Apollo Beach, Florida

by John Nelson

APOLLO BEACH, FLA. — SRS Real Estate Partners has brokered the $5 million sale of a newly developed retail property located at 6598 N. U.S. Highway 41 in Apollo Beach, a Tampa Bay City situated about 18 miles south of Tampa. Two tenants, GoodVets and First Watch, fully occupy the building, which totals 7,000 square feet. Patrick Nutt, William Wamble and Daniel Becker of SRS represented the Florida-based seller in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
Austin-Marriott-North-Round-Rock
AcquisitionsHospitalityTexas

Waramaug Hospitality, Franklin Buy 295-Room Hotel in Metro Austin

by Taylor Williams

ROUND ROCK, TEXAS — A joint venture between Waramaug Hospitality and Franklin Real Asset Advisors has purchased the Austin Marriott North, a 295-room hotel located north of the state capital in Round Rock. The property’s accommodations include a number of suites, and the amenity package comprises a pool, fitness center, meeting and event space, convenience store, gift shop and an onsite restaurant. The seller and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsOfficeTexas

Stockdale Capital Partners Acquires 129,382 SF Medical Office Building in Austin

by Taylor Williams

AUSTIN, TEXAS — Los Angeles-based investment firm Stockdale Capital Partners has acquired a five-story, 129,382-square-foot medical office building in Austin’s Mueller District. According to LoopNet Inc., the building at 1401 Philomena St. was originally constructed in 2022. The property also includes an attached 559-space parking garage. The seller and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilySeniors HousingTexas

JLL Brokers Sale of 90-Unit Seniors Housing Complex in San Marcos, Texas

by Taylor Williams

SAN MARCOS, TEXAS — JLL has brokered the sale of Sage Spring Senior Living, a 90-unit complex located in the Central Texas city of San Marcos. The property offers assisted living and memory care services. Jay Wagner, Rick Swartz, Aaron Rosenzweig and Dan Baker of JLL represented the seller, a joint venture between Bow River Capital and Investcor, in the transaction. The team also procured the buyer, Inspired Healthcare Capital. The sales price was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNet LeaseRetailTexas

Hanley Investment Group Negotiates Sale of 4,956 SF Retail Building in Metro Fort Worth

by Taylor Williams

NORTH RICHLAND HILLS, TEXAS — California-based brokerage firm Hanley Investment Group has negotiated the sale of a 4,956-square-foot retail building in North Richland Hills, a northern suburb of Fort Worth. The building was constructed in 2022 and is net leased to automotive services provider Brakes Plus. Garrett Wood of Hanley represented the buyer, a Florida-based 1031 exchange investor, in the transaction. Drew Isaac, Brian Bailey and Tim Speck of Marcus & Millichap represented the undisclosed, Colorado-based seller.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialNew HampshireNortheast

Colliers Brokers Sale-Leaseback of 44,232 SF Warehouse, Distribution Building in Dover, New Hampshire

by Taylor Williams

DOVER, N.H. — Colliers has brokered the $5 million sale-leaseback of a 44,232-square-foot warehouse and distribution building that sits on an eight-acre site at 111 Venture Drive in Dover, about 70 miles north of Boston. According to LoopNet Inc., the single-tenant property was built in 1993 and features a clear height of 14.5 feet and two dock-high loading doors. David Choate and Abby Bachman of Colliers represented the seller and tenant, Merchandise Central LLC, in the transaction. The duo also procured the buyer, an affiliate of Vermont-based developer Redstone.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMassachusettsNortheastRetail

Atlantic Capital Partners Negotiates Sale of 38,243 SF Shopping Center in Metro Boston

by Taylor Williams

BURLINGTON, MASS. — Regional brokerage firm Atlantic Capital Partners has negotiated the sale of Middlesex Marketplace, a 38,243-square-foot shopping center in Burlington, a northern suburb of Boston. Built in 2013, the property was 89 percent leased at the time of sale to tenants such as Smith & Wollensky, Visionworks, Ideal Image and AFC Urgent Care. Justin Smith, Chris Peterson and Matt Ericson of Atlantic Capital Partners represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsCompany NewsLeasing ActivityRetailWestern

Dollar Tree Takes Over Leases at 170 Closed 99 Cents Only Stores

by Amy Works

CHESAPEAKE, VA. — Dollar Tree has acquired designation rights for 170 leases of 99 Cents Only Stores across Arizona, California, Nevada and Texas. This deal was completed through two transactions in May that were approved by the U.S. Bankruptcy Court for the District of Delaware. As part of the transactions, Dollar Tree also purchased the intellectual property of 99 Cents Only Stores and select on-site furniture, fixtures and equipment. In April, California-based 99 Cents Only Stores filed for Chapter 11 bankruptcy and initiated a process to dispose of its assets, including its inventory, owned real estate and store leases. Dollar Tree anticipates beginning to open some of the shuttered 99 Cents Only Stores under the Dollar Tree brand as early as this fall.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts