Thursday, October 15, 2026
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Acquisitions

The-Center-Evergreen-CO
AcquisitionsColoradoOfficeWestern

Marcus & Millichap Brokers $3.1M Sale of The Center at Evergreen Office Property in Colorado

by Amy Works

EVERGREEN, COLO. — Marcus & Millichap has arranged the sale of The Center at Evergreen, an office property in Evergreen. Good Signature sold the asset to Divine Homes for $3.1 million. Chadd Nelson and Brandon Kramer of Marcus & Millichap represented the seller, while Clayton Primm of Marcus & Millichap represented the buyer in the deal. Situated on 3 acres at 2922 Evergreen Parkway, The Center Evergreen features 45,729 square feet of office space. At the time of sale, the property was 80 percent occupied, with U.S. Bank being a tenant at the property since 1980.

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AcquisitionsIllinoisMidwestRetail

Newmark Negotiates $30M Sale of Trophy Retail Property in Downtown Chicago

by Kristin Harlow

CHICAGO — Newmark has arranged the $30 million sale of Block 37, a 277,654-square-foot trophy retail property located in downtown Chicago. Block 37 comprises five floors of retail space anchored by a mix of tenants including Zara, Sephora, AMC Theatres and The Dearborn, and a four-level underground parking garage. The property is situated within the larger Block 37 mixed-use development that also features residential and office towers. Keely Polczynski and Brian Schneiderman of Newmark represented the seller, CIM Group, in the transaction.

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AcquisitionsMidwestMissouriMultifamily

Northmarq Brokers Sale of 315-Unit Multifamily Community in Metro St. Louis

by Kristin Harlow

MARYLAND HEIGHTS, MO. — Northmarq has arranged the sale of Whisper Hollow Apartments, a 315-unit garden-style multifamily community located at 12430 Whisper Hollow Drive in Maryland Heights. Dominic Martinez, Parker Stewart, Alex Malzone and Charlie McKee of Northmarq represented the seller, Banner Real Estate Group. The buyer was Monarch Investment and Management Group.   Built in 1976 and renovated in 2018, Whisper Hollow sits on roughly 14.5 acres and features 13 three-story buildings. Floor plans include studio, one- and two-bedroom units. Apartments feature updated kitchens and bathrooms, stainless steel appliances, private entrances, hardwood-style floors, private patios or balconies, ceiling fans, energy-efficient doors and windows, and high-speed internet. Community amenities include a king-size pool with sundeck, fitness center and dry sauna, business center with coffee bar, clubhouse and game room, fenced-in park, surface parking, professional maintenance and office staff, tennis and pickleball courts, and a sand volleyball court. The property is adjacent to Quiet Hollow Park Fitness Court.

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Drumlin-Fields-Apartments
AcquisitionsDevelopmentMidwestMultifamilyWisconsin

CBRE Arranges Sale of Development Site for 96-Unit Multifamily Project in Waterloo, Wisconsin

by Hayden Spiess

WATERLOO, WIS. — CBRE has arranged the sale of a 10.7-acre parcel in Waterloo that will be developed into Drumlin Fields Apartments, a 96-unit, garden-style apartment community. Drumlin Fields Waterloo LLC, an affiliate of Brew City Capital Group, purchased the property from Rolling Meadows Apartments LLC for $1.1 million. Waterloo is located approximately 25 miles northeast of Madison, Wis. CBRE’s Sean Beuche, Matson Holbrook and Gretchen Richards represented the seller in the transaction. Noah Jacobson, managing principal of Brew City Capital Group, a multifamily development and investment firm based in Brookfield, Wis., says the firm is partnering with Duffek Construction, KCB Architecture & Design, and engineering firm Kapur & Associates to bring the $23.5 million Drumlin Fields Apartments to life. Unit and community amenities at Drumlin Fields Apartments will include private entrances, attached garages, in-unit washers and dryers, high-end finishes and fixtures, forced air heating and cooling, private patios or balconies, a playground, courtyards and green space. Construction is scheduled to begin Oct. 14, with completion anticipated by April 2028. 

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AcquisitionsHealthcareTexas

Ridgeline Capital Partners Acquires 117,433 SF Medical Office Portfolio in Texas

by Taylor Williams

DALLAS — Dallas-based investment firm Ridgeline Capital Partners has acquired a portfolio of four medical office buildings totaling 117,433 square feet in Texas. One building is located in the eastern Austin suburb of Bastrop, and the other three are scattered across the Houston-area cities of Montgomery, Conroe and Huntsville. The buildings were constructed between 2004 and 2010 and are home to tenants such as CHI St. Luke’s Health, Liberty Dialysis, North Pines Surgery Center and RapidCare Emergency Room. Occupancy was 86 percent at the time of sale. The seller and sales price were not disclosed.

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AcquisitionsIndustrialTexas

Colliers Brokers Sale of 32,442 SF Industrial Complex in Northwest Houston

by Taylor Williams

HOUSTON — Colliers has brokered the sale of Brookhollow West Service Center, an industrial complex in northwest Houston that according to LoopNet Inc. was built in 1975 and totals 32,442 square feet. Ben Condara and Jon Lindenberger of Colliers represented the undisclosed seller in the transaction. The buyer, local investment firm Pine Ridge Real Estate, plans to make both interior and exterior capital improvements to the property and has also retained Colliers as the leasing agent.

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AcquisitionsMixed-UseNew YorkNortheast

JLL Negotiates $31M Sale of Brooklyn Mixed-Use Property

by Taylor Williams

NEW YORK CITY — JLL has negotiated the $31 million sale of Kingswood Center, a 226,130-square-foot mixed-use property in Brooklyn’s Midwood neighborhood. Kingswood Center is a three-story building that includes retail space that is anchored by T.J. Maxx in addition to a 257-space parking garage. Ethan Stanton, Michael Mazzara and Brendan Maddigan of JLL represented the seller, Midland Loan Services, in the transaction. Scott Aiese and Alex Staikos, also with JLL, arranged acquisition financing on behalf of the buyer, Bridges Development Group.

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AcquisitionsMultifamilyNew YorkNortheast

Marcus & Millichap Brokers $16.6M Sale of Manhattan Apartment Building

by Taylor Williams

NEW YORK CITY — Marcus & Millichap has brokered the $16.6 million sale of 312 Bowery, a 22-unit apartment building in Manhattan’s NoHo neighborhood. The five-story building, which includes a 3,900-square-foot commercial space that is leased to an art gallery, was originally constructed in 1920 and converted to residential use in 2004. John Stewart and Dylan Torey of Marcus & Millichap represented the seller, Bremen House Inc., in the transaction and procured the buyer, Allied Realty & Development Corp.

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Southside at McEwen
AcquisitionsRetailSoutheastTennessee

JLL Negotiates Sale of Whole Foods-Anchored Retail Center in Metro Nashville

by Abby Cox

FRANKLIN, TENN. — JLL Capital Markets has arranged the sale of Southside at McEwen, a 92,470-square-foot retail center located in Franklin, roughly 20 miles south of downtown Nashville. Jim Hamilton, Brad Buchanan and John Perry Hilton of JLL represented the seller, New York City-based Nuveen Real Estate, in the transaction. Dallas-based Lincoln Property Co. served as the investment advisor for the buyer, a high net-worth family office. The sales price was not disclosed. Whole Foods Market anchors Southside at McEwen, which was built in 2012 on approximately 10.5 acres. The fully leased center features a mix of additional tenants such as lululemon, Flower Child, Solidcore, BrickTop’s, Kendra Scott, Fab’rik and PNC Bank.

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AcquisitionsRetailTexas

Marcus & Millichap Brokers Sale of 51,542 SF Retail Property in Richardson, Texas

by Taylor Williams

RICHARDSON, TEXAS — Marcus & Millichap has brokered the sale of a 51,542-square-foot retail property in the northeastern Dallas suburb of Richardson. Known as Baybury Square Shopping Center, the 11-acre property consists of two multi-tenant centers and two freestanding buildings that were built in 1966. Baybury Square Shopping Center was 64 percent leased at the time of sale. Philip Levy and Scott Abeel of Marcus & Millichap represented the seller, an out-of-state investor, in the transaction, and procured the buyer, a local developer. Both parties requested anonymity.

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