NORTH CANTON, OHIO — Friedman Real Estate has arranged the $4.8 million sale of a 12,000-square-foot retail property occupied by Caliber Collision in North Canton, just south of Akron. The newly constructed asset is located at 1550 W. Maple Road. Marc Hildenbrand and Steven Silverman of Friedman represented the buyer in the transaction.
JOLIET, ILL. — NAI Hiffman has negotiated the $1.5 million sale of an industrial outdoor storage (IOS) property in Joliet. The 7-acre fenced and secured site at 18424 NW Frontage Road features an 11,000-square-fot repair facility with four repair bays and approximately 100 trailer parking positions. It is situated 15 miles north of the CenterPoint Intermodal facility — Noth America’s largest inland port — and near I-55 and I-80. NAI Hiffman’s Disser Team, comprising Kelly Disser, Mike Freitag, Bill Byrne and TJ Feeney, represented the seller. Both the buyer and seller were privately owned trucking companies.
TYLER, TEXAS — Dallas-based brokerage firm STRIVE has negotiated the sale of Kinsey Crossing, a 24,107-square-foot retail center in the East Texas city of Tyler. The center was built in 2014 and was 80 percent leased at the time of sale to tenants such as Baskin-Robbins, Dunkin’ and T-Mobile. Andrew Williams and Will Schubert of STRIVE represented the New Jersey-based seller in the transaction and procured the buyer. Both parties requested anonymity.
EAST PROVIDENCE AND HOPE VALLEY, R.I. — JLL has arranged the sale of two self-storage facilities totaling 721 units in Rhode Island that are operated under the Go Store It brand. The properties are located at 3346 Pawtucket Ave. in East Providence and 1115 Main St. in Hope Valley and offer climate- and non-climate-controlled space. Matthew Wheeler, Adam Roossien, Brian Somoza and Steve Mellon of JLL represented the seller, a partnership between Madison Capital Group and affiliates of Cerberus Capital Management, in the transaction. Griffin Guthneck, also with JLL, led a team that arranged an undisclosed amount of acquisition financing for the purchase, which was part of a larger, 2,327-unit portfolio deal that included three facilities in Houston. The buyer was not disclosed.
CELEBRATION, FLA. — JLL has brokered the $31.5 million sale of Celebration Office Center, a two-building office complex located at 1170 and 1180 Celebration Blvd. in Central Florida. Robbie McEwan, Hunter Smith and Blake Koletic of JLL represented the seller, Real Estate Value Advisors, in the transaction and procured the buyer, TMT Properties. Built in 2000 and 2001, the property is situated within the Celebration master-planned community and in close proximity to Walt Disney World and Universal Studios. Celebration Office Center was 98 percent leased at the time of sale.
SPANISH FORK, UTAH — Marcus & Millichap has arranged the sale of RightSpace Storage, a self-storage facility in Spanish Fork. Charles LeClaire and Adam Schlosser of The LeClaire-Schlosser Group of Marcus & Millichap, along with Jordan Farrer of Marcus & Millichap, represented the seller and secured the New York-based buyer. Terms of the transaction were not released. Situated on 5.1 acres, RightSpace Storage offers 364 units and 47,900 net rentable square feet. Built in 2001, the property contains four single-story self-storage buildings with 313 outdoor drive-up units and 49 surface parking spaces. The facility also features a gated entry with digital keypad, a freestanding building with leasing office and onsite manager quarters, 24/7 video surveillance, asphalt driveways and units with metal roll-up doors.
SACRAMENTO, CALIF.— Alta Senior Living has acquired a 162-unit seniors housing community located in Sacramento. Alta purchased the property with joint venture partner Brasa Capital Management. Formerly known as The Village at Heritage Park, the property will be rebranded as Rose Arbor Village. Built in 2017, the community features independent living, assisted living and memory care residences. Alta plans to implement a repositioning strategy that includes upgrading amenities, strategic lease-up initiatives and enhancing resident engagement. “We’re excited to add another full continuum community to our portfolio at an attractive basis well below replacement costs,” says Tomson Mukai, managing partner at Alta Senior Living.
QUEEN CREEK, ARIZ. — Scottsdale, Ariz.-based Mountainside Fitness has purchased a land parcel at the northwest corner of Combs and Gantzel roads in Queen Creek for the development of a new fitness club location. Slated to open in December 2025, the single-story, 42,000-square-foot Queen Creek Mountainside Fitness offer state-of-the-art equipment and more than 70 daily group fitness classes, as well as locker rooms and a childcare program. Mountainside Fitness currently operates 21 high-end clubs across metro Phoenix. Regan Amato of JLL represented Mountainside Fitness, while Rommie Mojahed of CRE8Advisors represented the undisclosed seller in the deal.
LAKEVILLE, MINN. — CBRE has arranged the sale of the Jacquard Distribution Center, a 168,000-square-foot industrial property in Lakeville, for $22 million. Advanced Exhaust Solutions purchased the facility from Lakeville Jacquard 32 LLC. Built in 2023, the property features a clear height of 36 feet, 32 dock doors, an ESFR sprinkler system, 101 parking spaces and 48 trailer stalls. It is situated on a 14.3-acre site just east of I-35 and minutes from Airlake Airport. Jeff Przytarski, Bryan Van Hoof, Sam Manke, Kyle Ferderer and Chance Lindsey of CBRE represented the seller.
NORTH PLATTE, NEB. — Matthews Real Estate Investment Services has negotiated the $15.5 million sale of a four-property self-storage portfolio in North Platte, located in the west-central part of Nebraska. The facilities are located at 3109 S. Willow St., 2020 E. Philip Ave., 2505 W. Rodeo Road Ave. and 214 N. Lakeview Road. The portfolio totals 208,083 net rentable square feet across 1,142 units. Mason Gates of Matthews brokered the transaction. The seller, Matthew Ackerman of ASONP LLC, sought to divest the portfolio after years of building one of the largest self-storage footprints in Nebraska. The buyer, HAN Capital LLC, is a property investment company based in Chicago looking to expand its self-storage footprint across Nebraska and the broader Midwest. The transaction marked the largest broker-facilitated self-storage deal in the state by price and square footage, according to Matthews. The deal was structured with a blend of conventional and seller financing.
