Friday, October 10, 2025
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Acquisitions

AcquisitionsIllinoisIndustrialMidwest

Zenith IOS Acquires Two Industrial Facilities in Metro Chicago

by Kristin Harlow

WEST CHICAGO AND BRIDGEVIEW, ILL. — Zenith Industrial Outdoor Storage (IOS) has acquired two facilities in metro Chicago: 1400 Powis Road in West Chicago and 9809 Industrial Drive in Bridgeview. Ikey Betesh of Meridian Capital Group as well as Frank Melchert, Matt Garland, Stevan Arandjelovic and Simon Porras of Cawley Commercial Real Estate sourced the two acquisitions for Zenith. The Cawley team has been retained as the leasing agent for the West Chicago property, which features a 67,500-square-foot warehouse with 5 acres of outdoor storage space.

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AcquisitionsHealthcareOfficeTexas

Younger Partners Arranges Sale of 82,144 SF Office, Healthcare Complex in North Dallas

by Taylor Williams

DALLAS — Locally based brokerage firm Younger Partners has arranged the sale of Bent Tree Plaza, an 82,144-square-foot office and healthcare complex in North Dallas. Located along the Dallas North Tollway, the property comprises two parcels and and was 72 percent leased at the time of sale. Tom Strohbehn and Scot Farber of Younger Partners represented the undisclosed seller in the transaction. Younger Partners has also been retained as the leasing agent by the new owner, which similarly requested anonymity.

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AcquisitionsRetailTexas

Edge Capital Markets Brokers Sale of 63,976 SF Shopping Center in San Antonio

by Taylor Williams

SAN ANTONIO — Edge Capital Markets has brokered the sale of Wender Plaza, a 63,976-square-foot shopping center in San Antonio. Anchored by Sprouts Farmers Market, Wender Plaza is a newly constructed, fully leased center located at the intersection of Texas State Highway 151 and Hunt Lane on the city’s west side. Chace Henke and Micha van Marcke of Edge Capital Markets represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

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AcquisitionsIndustrialTexas

Sunwest Real Estate, AKRE Partners Buy 36,000 SF Warehouse in Arlington

by Taylor Williams

ARLINGTON, TEXAS — A partnership between Dallas-based Sunwest Real Estate Group and regional investment firm AKRE Partners has purchased a 36,000-square-foot warehouse in Arlington. According to LoopNet Inc., the building at 1000–1008 N. Commercial Blvd. was constructed on 2.5 acres in 1980. The seller and sales price were not disclosed. The new ownership plans to implement a value-add program at the warehouse.

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AcquisitionsHospitalityLouisianaSoutheast

Cushman & Wakefield Brokers Sale of 93-Room Hotel Indigo in Downtown Baton Rouge

by John Nelson

BATON ROUGE, LA. — Cushman & Wakefield has brokered the sale of the seven-story, 93-room Hotel Indigo located at 200 Convention St. in downtown Baton Rouge. Jesse Lastofsky, David Greenberg, Gabriel Shamay, Chris Passeggiata, Rick Redmond, Ely Silverstein and Craig Hey of Cushman & Wakefield represented the seller, an entity doing business as Project King LLC, in the transaction. A&R Development Co. acquired the hotel for an undisclosed price. The Hotel Indigo spans 46,676 square feet and offers an onsite fitness center, full-service restaurant and bar, complimentary Wi-Fi and pet-friendly accommodations.

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AcquisitionsRetailSoutheastVirginia

Atlantic Capital Negotiates $12.1M Sale of Woodford Square Shopping Center in Chesapeake, Virginia

by John Nelson

CHESAPEAKE, VA. — Atlantic Capital Partners has negotiated the $12.1 million sale of Woodford Square, an 85,323-square-foot shopping center located in the Hampton Roads city of Chesapeake. Harbor Freights anchors the center, which was fully leased at the time of sale to tenants including Dollar General, Hair Cuttery, Roses Discount Store, Dragon China Restaurant and Med Emporium, among others. Fred Victor of Atlantic Capital represented the seller, New York-based Moxie Equities, in the transaction. The buyer was United Properties.

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AcquisitionsMultifamilyNew JerseyNortheast

CBRE Negotiates Sale of 43-Unit Multifamily Portfolio in Newark

by Taylor Williams

NEWARK, N.J. — CBRE has negotiated the sale of a portfolio of two multifamily buildings totaling 43 units in Newark. The building at 66-68 Garside St. consists of 20 gut-renovated units and 3,000 square feet of commercial space. The building at 536-540 Central Ave. is being redeveloped to house 23 loft-style units in addition to 4,000 square feet of retail space. Richard Gatto, Fahri Ozturk, and Zach McHale of CBRE represented the seller, locally based alternative asset management company Napier Park Global Capital, in the deal.

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AcquisitionsIndustrialNew HampshireNortheast

Colliers Brokers Sale of 20,780 SF Industrial Building in Auburn, New Hampshire

by Taylor Williams

AUBURN, N.H. — Colliers has brokered the sale of a 20,780-square-foot industrial building in Auburn, located near the Massachusetts-New Hampshire border. The building sits on a 4.8-acre site within Wellington Business Park that can support future expansion. Abigail Bachman and Laura Nesmith of Colliers represented the buyer, an affiliate of product development company IPSUMM Inc., in the transaction. Denis Dancoes III, Thomas Farrelly and Sue Ann Johnson of Cushman & Wakefield represented the seller, Analog Devices Inc.

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1609-W-Glendale-Rd-Phoenix-AZ
AcquisitionsArizonaMultifamilyWestern

29th Street Capital Acquires 148-Unit Apartment Building in North Phoenix

by Amy Works

PHOENIX — Chicago-based multifamily investment firm 29th Street Capital has acquired Urban 148 in Phoenix. The 148-unit property will be rebranded as Agave Ridge Apartments, and 29th Street Living will handle property management. According to Apartments.com, the community offers two- and three-bedroom floor plans at monthly asking rents ranging from $1,425 to $1,655 and amenities such as a pool, playground, courtyard and dog park. The seller and sales price were not disclosed.

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AcquisitionsMultifamilyOregonSeniors HousingWestern

Zett Group Arranges $18.5M Sale of Seniors Housing Community in Eugene, Oregon 

by Amy Works

EUGENE, ORE. — Senior living brokerage firm The Zett Group has arranged the $18.5 million sale of a community located in Eugene. Built in 1979, the property — Churchill Estates — comprises 241 independent living, assisted living and memory care units. A joint venture acquired the community from the sellers, Ron and Joyce Knutson.  

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