KANSAS CITY, KAN. — Block & Co. Inc. Realtors has brokered the sale of 6.9 acres along North 78th Street and Riverview Avenue in Kansas City to the Unified Government of Wyandotte County. The site will be used for the development of a new fire station to serve the growing west side of Wyandotte County. The property represents one of the last remaining development sites with direct access to an I-70 interchange, according to Block. David Block and Camren Sinclair of Block & Co. arranged the sale on behalf of the undisclosed seller.
LAKE FOREST, ILL. — SVN Chicago Industrial has arranged the $3.7 million sale of a 35,482-square-foot industrial flex property located at 28041 N. Bradley Road in Lake Forest. John Joyce and Margaret Ames of SVN represented the seller. Situated on 2.8 acres, the property features two buildings, allowing the buyer to occupy a 23,000-square-foot headquarters while generating income on a separate 12,000-square-foot building. The facility features 1 acre of paved outdoor storage, two interior loading docks and two drive-in doors. It is located less than one mile from I-294.
SPICEWOOD, TEXAS — Self-storage brokerage firm Versal has negotiated the sale of Double Horn Storage, a 119-unit facility in the Central Texas city of Spicewood. The facility totals 40,160 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster, Hugh Horne and Kirk Silas of Versal represented the seller and procured the buyer, both of which were limited liability companies, in the transaction.
DALLAS — Lee & Associates has brokered the sale of a 25,000-square-foot industrial flex building in northeast Dallas. The building at 10999 Petal St. was originally constructed in 1985 and features 24-foot clear heights. Taylor Stell and Brett Lewis of Lee & Associates represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.
MANDEVILLE, LA. — SRS Real Estate Partners has negotiated the $8 million sale of Mandeville Marketplace, a 62,324-square-foot retail center located in Mandeville. Built in 1988 on six acres, the property was fully leased at the time of sale to five tenants including Altitude Trampoline Park and Crunch Fitness. Sabrina Sapienza and Chad Lieber of SRS Real Estate represented the seller, a Louisiana-based owner. Ben Stalter of Maestri-Murrell represented the buyer, a Louisiana-based private investor, in the transaction. Both parties requested anonymity.
STATESBORO, GA. — Colliers has negotiated the sale of University Station, a newly constructed, 30,865-square-foot retail center located near the Georgia Southern University campus in Statesboro. The center was fully leased at the time of sale to tenants including QDOBA, Hotworx, Eyemart Express, Uptown Cheapskate, Blaze Pizza and Oconee State Bank, among others. The property is part of a larger development surrounding the university that includes a recently developed Publix-anchored shopping center, new student housing projects and additional residences. Henry Kushner, Ashley Smith and Tyler Mouchet of Colliers represented the undisclosed seller in the transaction. Last Mile Investments purchased the property for an undisclosed price.
CHICAGO — JLL Capital Markets has arranged the sale of a 10-property light industrial portfolio totaling 717,475 square feet in Chicago’s collar counties. The assets span five municipalities in Will, DuPage and Kane counties, offering immediate access to I-80, I-55, I-88 and I-90. The portfolio comprises second-generation facilities with an average clear height of 26 feet and a mix of single-tenant and multi-tenant configurations across 22 suites. Built in 2001 on average, the properties include a combined 78 dock doors and 23 drive-in doors complemented by 1,013 car parking spaces across 41.5 acres. There are six properties in Tinley Park, two in Mokena and single assets in Naperville, Elgin and Romeoville. Currently 83.7 percent leased to 19 tenants, the portfolio features a weighted average lease term of 3.8 years. The properties range in size from 23,600 to 237,241 square feet. Office finish percentages range from 9.4 to 24.5 percent. Kurt Sarbaugh, Ed Halaburt, Trent Agnew, Sean Devaney, Ross Bratcher and Cameron Chandra of JLL represented the seller, High Street Logistics Properties. The buyer was undisclosed.
MAUSTON, WIS. — CBRE has negotiated the $3.9 million sale of Riverwood Apartments in Mauston, about 70 miles northwest of Madison. The 32-unit multifamily community was fully leased at the time of sale. The property consists of four buildings on 3.2 acres along the Lemonweir River. Built in 1994, Riverwood Apartments offers units ranging from 575 to 1,000 square feet. CBRE’s Sean Beuche, Max Colby, Matson Holbrook and Gretchen Richards represented the seller, Riverwood Apartments LLC. The buyer was Tripp & Associates.
OSWEGO, ILL. — The Boulder Group has brokered the $3.8 million sale of a single-tenant, ground-leased Fifth Third Bank property in Oswego. The 4,273-square-foot retail building is located at 2660 U.S. Highway 34. Randy Blankstein, Jimmy Goodman and John Feeney of Boulder Group represented the seller, a West Coast-based real estate firm. The buyer was a Chicago-based investment firm completing a 1031 exchange. The lease, which is structured as a ground lease with triple-net terms and zero landlord responsibilities, has approximately nine years of remaining term. Fifth Third Bank has continuously operated from this location since 2008 and signed a new 10-year lease extension in October 2025. The lease includes 10 percent rental escalations every five years. The tenant has four five-year renewal options remaining. Cincinnati-based Fifth Third Bank operates more than 1,100 full-service banking centers and over 2,000 ATMs across 11 states.
SPARKS, NEV. — BIG Shopping Centers USA and Red Development have completed the sale of Legends at Sparks Marina, a 41-acre mixed-use development in northern Nevada, to Alturas Capital Partners for $103 million. Kyle Miller and Rob Ippolito of Newmark represented the seller in the deal. Located at 1310 Scheels Drive, Legends at Sparks Marina features 421,479 square feet that was 95.8 percent leased at the time of sale. Current tenants include Galaxy Theatres, Burlington, H&M, Nike, Sephora, Defy, Calendar’s and Yard House, which is currently under construction.