Tuesday, April 7, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Acquisitions

AcquisitionsKentuckyMultifamilySoutheast

Kirkland Brokers Sale of 128-Unit Multifamily Community in Louisville

by John Nelson

LOUISVILLE, KY. — The Kirkland Co. has brokered the sale of The Avenue in the Highlands, a 128-unit apartment community in Louisville’s Highlands neighborhood. Brandon Wilson, Brian Devlin and John Seale of Kirkland brokered the transaction. The buyer, seller and sales price were not disclosed, but The Lane Report reported that the property traded hands for $18 million. Built in 1966, The Avenue in the Highlands features a mix of studio, one- and two-bedroom apartments, as well as a resort-style swimming pool, dog park, coffee bar and a grilling area.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsGeorgiaRetailSoutheast

Ziff Real Estate Partners Sells 63,607 SF Shopping Center in Columbus, Georgia

by John Nelson

COLUMBUS, GA. — Ziff Real Estate Partners has sold St. Francis Marketplace, a 63,607-square-foot shopping center located at 4519 Woodruff Road in Columbus. The retail property’s tenant roster includes Planet Fitness, Rent-A-Center, Kool Smiles, Franklin Dental & Braces and Jersey Mike’s Subs, among others. The Mt. Pleasant, S.C.-based investor originally acquired the center in 2015 and completed various upgrades at the property over the past 10 years. Steve Collins and Brent Hadden of The Palomar Group represented Ziff in the transaction. The sales price and buyer were not released.

Continue Reading
FacebookTwitterLinkedinEmail
Rocklyn-at-Samuels-Ave.-Fort-Worth
AcquisitionsMultifamilyTexas

IPA Negotiates Sale of 274-Unit Apartment Community in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of a Rocklyn at Samuels Ave., a 274-unit apartment community in Fort Worth. Built in 2018, the property offers studio, one-, two- and three-bedroom units with an average size of 885 square feet. Amenities include a pool, entertainment room, dog park, fitness center and outdoor grilling and dining stations. Drew Kile, Taylor Hill, Joey Tumminello, Michael Ware and Shelby Clark of IPA represented the seller, Dallas-based Carleton Cos., in the transaction and procured the buyer, EPH Properties.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialOfficeTexas

STRIVE Arranges Sale of 31,393 SF Industrial Flex Building in Benbrook, Texas

by Taylor Williams

BENBROOK, TEXAS — Locally based brokerage firm STRIVE has arranged the sale of a 31,393-square-foot industrial flex building in Benbrook, a southwestern suburb of Fort Worth. According to Crexi, the building, which is known locally as the Spectrum Flex Building, was constructed in 1982 and was fully leased at the time of sale. Parker Tims of STRIVE brokered the deal. The buyer and seller were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsArizonaMultifamilyWestern

Goodegg Investments Acquires 71-Unit North Edge Apartments in Phoenix

by Amy Works

PHOENIX — Goodegg Investments has purchased North Edge Apartments, a 71-unit, Class B apartment complex in Phoenix.  Terms of the transaction were not released. North Edge Apartments has undergone significant value-add renovations over the last two years, with most of its units, as well as common areas, renovated and upgraded. The asset is the 38th multifamily acquisition that Goodegg Investments has undertaken since the company’s inception in 2018.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsCaliforniaDevelopmentIndustrialLee & AssociatesWestern

Silagi Development Buys 3-Acre Industrial Development Site in Riverside, California

by Amy Works

RIVERSIDE, CALIF. — Silgai Development & Management has acquired a 3-acre development parcel located at the southwest corner of Meridian Parkway and Authority Road in Riverside for an undisclosed price. Mario Calvillo of Lee & Associates Riverside represented the buyer, while Finn Comer of Lee & Associates represented the undisclosed seller in the deal. At the time of sale, the site was entitled with construction drawings for two industrial buildings totaling 45,751 square feet. The buyer plans to develop the 21,139-square-foot and the 24,612-square-foot facilities. Groundbreaking is slated to begin in the second quarter of 2025. The buildings will be available for sale or lease.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestMixed-UseOhio

Tanger Acquires Pinecrest Mixed-Use Development in Suburban Cleveland for $167M

by Kristin Harlow

ORANGE, OHIO — Tanger has acquired Pinecrest, a 640,000-square-foot mixed-use development in Orange, an eastern suburb of Cleveland, for approximately $167 million. Tanger utilized cash on hand and available liquidity for the acquisition and estimates the center to deliver an 8 percent return during the first year. Opened in 2018, Pinecrest is anchored by Whole Foods Market. Retailers include Alo Yoga, UNTUCKit, Madewell, Sephora, Warby Parker, Indochino, Willliams-Sonoma, Pottery Barn, REI and Nike. Dining and entertainment options include Shake Shack, Kitchen Social, First Watch, Firebirds Wood Fired Grill, Silverspot Cinema and Pinstripes. Tanger’s acquisition also includes the center’s residential and office components. The on-property AC Hotel is under separate ownership.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestMultifamily

Interra Realty Brokers Pair of Multifamily Sales in Wheaton, Illinois, Totaling Over $15M

by Kristin Harlow

WHEATON, ILL. — Interra Realty has brokered the sale of two multifamily buildings in the Chicago suburb of Wheaton. The 18-unit Liberty Square Flats sold for $8.4 million, while the 44-unit Lorraine Court Apartments traded for nearly $7 million. Nathan Zito, Patrick Kennelly and Paul Waterloo of Interra represented seller Liberty Square Flats LLC as well as the buyer, a confidential local investor. The trio also represented LCA LLC in the sale of Lorraine Court Apartments, as well as the buyer, one of the largest owners of middle-market apartment properties in DuPage County. Both properties were sold as part of 1031 exchange transactions. Situated at 302 W. Liberty Drive, Liberty Square Flats was built in 2024. Amenities include a rooftop deck, dog washing station, outdoor patio, storage closets, heated garage parking, electric vehicle chargers, surface parking and keyless access. Lorraine Court Apartments, located on South Lorraine Road, was constructed in 1972.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisIndustrialMidwest

Entre Commercial Realty Negotiates Sale of USDA Food Processing Facility in Calumet City, Illinois

by Kristin Harlow

CALUMET CITY, ILL. — Entre Commercial Realty has negotiated the sale of a USDA-certified food processing facility in Calumet City, a southern suburb of Chicago. The sales price was undisclosed. The 40,368-square-foot building is situated on 3.5 acres at 414 E. State St. and features extensive cold storage infrastructure. Chris Wilbur and Jeff Locascio of Entre represented the buyer, Reyes Meats. The duo also assisted the buyer in securing a Cook County Class 8 property tax incentive. Tom Condon of Lee & Associates represented the seller.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestMissouriRetail

Marcus & Millichap Arranges $5M Sale of Single-Tenant Retail Property in Columbia, Missouri

by Kristin Harlow

COLUMBIA, MO. — Marcus & Millichap has arranged the $5 million sale of a retail property net leased to O2B Kids! in Columbia. Built in 2013, the 12,300-square-foot asset is located at 3250 S. Bearfield Road. O2B Kids! acquired the property in 2023; it previously operated as a Bright Star Academy childcare facility. More than 18 years remain on the corporate-guaranteed lease. Dominic Sulo of Marcus & Millichap represented the seller. Buyer and seller information was not provided.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts