Acquisitions

Standard, Endeavor Sell 174,288 SF Cobalt Business Center in Metro Minneapolis

by Kristin Harlow October 29, 2026

MENDOTA HEIGHTS, MINN. — Standard Real Estate Investments LP and Endeavor Development have sold Cobalt Business Center, a 174,288-square-foot industrial facility in Mendota Heights. A private investor acquired the asset. Located on a 10.1-acre infill site, Cobalt Business Center offers access to MSP International Airport and major corridors including I-494, I-35E and Highways 55 and 62. The property features a clear height of 32 feet, 15 dock positions, motion-sensing LED light fixtures, ESFR fire protection sprinkler system and 4,000 amps of power. The property, formerly a vacant office asset, was transformed into a modern industrial building in 15 months. The property was fully pre-leased prior to construction completion.

October 29, 2026

Acquisitions Industrial Southeast Virginia

JLL Arranges $172.1M Sale of Logistics Facility in Fredericksburg, Virginia

by Abby Cox October 29, 2026

FREDERICKSBURG, VA. — JLL Capital Markets has arranged the $172.1 million sale of Capitol 95, a newly delivered, 935,523-square-foot logistics facility located in Fredericksburg, a city in Spotsylvania County that sits about 57 miles south of Washington, D.C. Bill Prutting, Craig Childs, Ginna Wallace, John Dettleff and Dan Coats of JLL represented the seller and developer, Flint Development, in the transaction. An investment fund managed by Morgan Stanley Real Estate Investing acquired the asset. Capitol 95 is a cross-dock warehouse and distribution facility that is fully leased to J.E. Richards, a critical power systems company that serves the data center industry. The property features 40-foot clear heights, four drive-in doors, extensive trailer storage capacity, ESFR fire protection, office space and ample vehicle and trailer parking. Situated on roughly 120 acres, Capitol 95 also offers immediate access to I-95.

October 29, 2026

Acquisitions Florida Restaurant Southeast

SRS Negotiates $8.9M Ground Lease Sale of Miami Restaurant Leased to Chick-fil-A

by Abby Cox October 29, 2026

MIAMI — SRS Real Estate Partners has negotiated the $8.9 million ground lease sale of a restaurant property located at 18240 S. Dixie Highway in Miami. Chick-fil-A occupies the 5,399-square-foot property, which was built in 2024, on an absolute triple-net, corporate-guaranteed lease with 13 years remaining on the initial term. Patrick Nutt and William Wamble of SRS represented the seller, a joint venture between Coconut Grove, Fla.-based Berkowitz Development Group and Landsea Development Group, in the transaction. The New York-based buyer requested anonymity.

October 29, 2026

Acquisitions North Carolina Retail Southeast

Atlantic Capital Partners Brokers $7M Sale of Shopping Center in Hope Mills, North Carolina

by Abby Cox October 29, 2026

HOPE MILLS, N.C. — Atlantic Capital Partners has brokered the sale of Hope Mills Crossing, a 53,204-square-foot shopping center located in Hope Mills, roughly five miles south of Fayetteville. The property sold for more than $7 million, according to Atlantic Capital. David Hoppe, Eric Suffoletto, Jordan Gomez, Mike Lucier, Ben Olmstead and Kendra Doherty of Atlantic Capital represented the undisclosed seller in the transaction. The buyer requested anonymity. Recently renovated in 2025, Hope Mills Crossing is anchored by a newly opened Planet Fitness. Additional tenants at the center include a mix of medical, financial, government and service-oriented retail businesses. The property was 95 percent leased at the time of sale.

October 29, 2026

Northwest-Commerce-Park-Building-2-Fort-Worth

Acquisitions Industrial Texas

Alliance Industrial, BGO Acquire 266,152 SF Building in Fort Worth

by Taylor Williams October 28, 2026

FORT WORTH, TEXAS — A joint venture between Alliance Industrial Co. and institutional investment firm BGO has acquired Northwest Commerce Park Building 2, a 266,152-square-foot building in Fort Worth. The single-story building, which fronts State Highway 114, was constructed in 2020 and features a front-load configuration, 36-foot clear heights, 51 dock-high doors, two drive-in doors and parking for 135 cars and 46 trailers. The joint venture acquired the property in an off-market transaction. The seller and sales price were not disclosed.

October 28, 2026

Acquisitions New York Northeast Office

Tishman Speyer Sells Manhattan Office Building for $132.5M

by Taylor Williams October 28, 2026

NEW YORK CITY — Tishman Speyer has sold 148 Lafayette Street, a 12-story office building in Manhattan’s SoHo neighborhood, for $132.5 million. The 153,000-square-foot building was constructed in 1913 and renovated in 2017. A the time of sale, the office space was fully leased to companies such as venture capital firm General Catalyst, cosmetics firm Charlotte Tilbury and AI code review platform Graphite. The building’s retail space is also fully leased to boxing gym Five Points Academy and clothing store 260 Sample. Adam Spies and Avery Silverstein of Newmark represented Tishman Speyer, which acquired the building in June 2025 for $105.5 million, in the transaction. The buyer was San Francisco-based Shorenstein Investment Advisers.

October 28, 2026

Acquisitions Industrial Massachusetts Northeast

Marcus & Millichap Brokers $5M Sale of Industrial Complex in Medford, Massachusetts

by Taylor Williams October 28, 2026

MEDFORD, MASS. — Marcus & Millichap has brokered the $5 million sale of a 19,278-square-foot industrial complex in Medford, a northern suburb of Boston. The property at 93 Mystic Ave. was built in the 1950s and comprises a 14,278-square-foot main building and a 5,000-square-foot auxiliary building. Mattias Edenkrans and Luigi Lessa of Marcus & Millichap represented the seller, a limited liability company, in the transaction, and procured the buyer, a private family. Both parties requested anonymity.

October 28, 2026

Acquisitions Multifamily Southeast Virginia

Newmark Arranges $108M Sale of Multifamily Community in Metro Richmond

by John Nelson October 28, 2026

MIDLOTHIAN, VA. — Newmark has arranged the $108 million sale of Bainbridge Midlothian, a 310-unit, Class A apartment community located at 12400 Dutton Road in Midlothian, a suburb of Richmond in Chesterfield County. Frontier Group of Cos. acquired the property from a joint venture between The Bainbridge Cos. and BVT National Partners. Bainbridge Midlothian represents Frontier’s first multifamily acquisition in Virginia. Garrison Gore, Charles Wentworth and Victoria Pickett of Newmark represented the seller in the transaction. Frontier has retained Bainbridge Cos. to manage the property. Built in 2024 on 25.8 acres, Bainbridge Midlothian features a mix of studio, one-, two- and three-bedroom apartments averaging 1,017 square feet in size. Amenities include a resort-style saltwater swimming pool, 24-hour fitness center, clubhouse, coworking spaces, pickleball court, dog park and private wooded walking trails.

October 28, 2026

Acquisitions Development Industrial Washington Western

Scannell Properties Buys 7.5 Acres in Auburn, Washington for Industrial Development

by Amy Works October 28, 2026

AUBURN, WASH. — Scannell Properties has acquired a 7.5-acre site in Auburn for the development of a speculative industrial building. Terms of the transaction were not released. The planned 185,000-square-foot building will feature a clear height of 36 feet, 31 trailer stalls and 23 dock doors with drive-in capacity. Site work on the land is underway, with vertical construction slated to begin in spring 2027. The speculative building is Scannell Properties’ second project in the greater Seattle area, bringing the company to an investment volume exceeding $300 million and nearly 2 million square feet of development in the Pacific Northwest, including Oregon and Idaho.

October 28, 2026

Acquisitions Office South Carolina Southeast

SK Investment, Weaver Capital Acquire Office Portfolio in North Charleston for $21M

by John Nelson October 28, 2026

NORTH CHARLESTON, S.C. — Atlanta-based SK Investment Group and locally based Weaver Capital Partners have acquired a two-building office portfolio in North Charleston for $21 million. The seller was not disclosed. The properties, Rivergate I and II, span 116,409 square feet and are located at 4975 and 4995 Lacross Road, adjacent to the $1.2 billion Roper St. Francis Healthcare campus project that is set to open in 2029. Rivergate I and II were 93 percent occupied at the time of sale.

October 28, 2026

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