Acquisitions

Newmark Brokers Sale of Seven-Building Stonemill Design Center Flex Office Campus in Costa Mesa

by Amy Works March 30, 2026

COSTA MESA, CALIF. — Newmark has arranged the sale of Stonemill Design Center, a flex office campus on 8.3 acres at 2915 Red Hill Ave. in Costa Mesa. Kevin Shannon, Paul Jones, Ken White, Brandon White, Chris Benton and Anthony Muhlstein of Newmark represented the undisclosed seller, an institutional investor, in the transaction. A private investor acquired the asset for an undisclosed price. Totaling 127,753 square feet, the campus features seven flex office buildings that are 94 percent leased by a diverse mix of commercial, industrial and office tenants. Situated in the Greater Airport Area submarket, the property is adjacent to SR-73 Freeway and offers proximity to South Coast Plaza.

March 30, 2026

Acquisitions Arizona Multifamily Western

EMZ Equity Group Sells 24-Unit Alvernon Apartments in Tucson

by Amy Works March 30, 2026

TUCSON, ARIZ. — EMZ Equity Group has completed the sale of Alvernon Apartments, a multifamily community in Tucson, to Alvernon Coyote LLC for $1.8 million. Located at 2053 and 2099 N. Alvernon Way, the 13,200-square-foot complex features 24 apartments. Allan Mendelsberg and Joey Martinez of Cushman & Wakefield | PICOR represented the seller and buyer in the deal.

March 30, 2026

Acquisitions Florida Retail Southeast

SRS Real Estate Brokers $5.3M Sale of Central Florida Retail Center

by Abby Cox March 30, 2026

APOPKA, FLA. — SRS Real Estate Partners has brokered the $5.3 million sale of the Shoppes at Hunt Club, an 8,211-square-foot retail property located in Apopka, approximately 12 miles northwest of Orlando. William Wamble and Patrick Nutt of SRS represented the seller, a Florida-based national investor and developer, in the transaction. The 1031 exchange buyer was a Florida-based private investor. Built in 2006 on nearly 1.5 acres, the Shoppes at Hunt Club was fully leased at the time of sale to tenants including Firehouse Subs, Smoothie King, Spectrum and MUV Dispensary. The property is situated adjacent to Club Corners, a 105,000-square-foot, Publix-anchored neighborhood center.

March 30, 2026

Acquisitions Illinois Midwest Multifamily

Eastham Capital, Bender Cos. Buy Multifamily Community in Metro Chicago for $24.1M

by Kristin Harlow March 30, 2026

GLENDALE HEIGHTS, ILL. — Eastham Capital has acquired The Flats at Gladstone in the Chicago suburb of Glendale Heights with its operating partner Bender Cos. The purchase price was $24.1 million. The 168-unit, garden-style community was 96 percent leased at the time of sale. Rents average $1,690 per month. Built in 1977, The Flats at Gladstone consists of 31 buildings. A renovation plan calls for more than $2.5 million in exterior building improvements and interior unit upgrades, complemented by the construction of a new clubhouse with a fitness center, leasing office and maintenance shop. To date, Eastham and Bender have co-invested in 12 projects.

March 30, 2026

Acquisitions Midwest Missouri

TopSide Marinas Acquires Campbell Point Marina in Shell Knob, Missouri

by Kristin Harlow March 30, 2026

SHELL KNOB, MO. — TopSide Marinas has acquired Campbell Point Marina on Table Rock Lake in Shell Knob within southwest Missouri. The transaction marks the third for TopSide Marinas in Missouri and the Ozarks, after the acquisition of Cape Fair Marina and Hideaway Marina in 2023. Campbell Point Marina features more than 280 wet slips ranging in length from 24 to 80 feet. Amenities include wet storage, fuel, boat rentals, retail and an ice cream shop. This spring, TopSide Marinas will expand the capacity with the addition of 50 new wet slips, constructed by its in-house dock building partner James River Dock Services.

March 30, 2026

Acquisitions Illinois Midwest Retail

Boulder Group Arranges $5.3M Sale of CVS-Occupied Retail Property in Chicago

by Kristin Harlow March 30, 2026

CHICAGO — The Boulder Group has arranged the $5.3 million sale of a single-tenant retail property net leased to CVS in Chicago. Constructed in 2002, the 15,414-square-foot building is located at 3951 W. 103rd St. CVS recently executed a long-term lease extension through January 2039. The lease features 10 five-year renewal options with 5 percent rental escalations in each option period. Portions of the property are master leased by CVS to Subway and CD One Price Cleaners, both of which have been operating at the location since 2002 and 2003, respectively. Randy Blankstein, Jimmy Goodman and John Feeney of Boulder Group represented the seller, a Northeast-based real estate investment company. The buyer was a self-represented real estate trust.

March 30, 2026

Acquisitions Connecticut Northeast Retail

IPA Brokers $15.4M Sale of Shopping Center in Derby, Connecticut

by Taylor Williams March 30, 2026

DERBY, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the $15.4 million sale of Derby Shopping Center, a 170,683-square-foot shopping center located about eight miles west of New Haven. Built in phases from 1985 to 2023 and anchored by Lowe’s Home Improvement, the center is also home to tenants such as Splash Car Wash, Webster Bank and Dunkin.’ Jim Koury of IPA, along with Henry McKenney and John Krueger of Marcus & Millichap, represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

March 30, 2026

Acquisitions Development Multifamily New Jersey Northeast Seniors Housing

Hudson Atlantic Negotiates $9.2M Sale of Multifamily Development Site in Paramus, New Jersey

by Taylor Williams March 30, 2026

PARAMUS, N.J. — Regional brokerage firm Hudson Atlantic Realty has negotiated the $9.2 million sale of a multifamily development site in the Northern New Jersey community of Paramus. The 9.9-acre site at 731 Pascack Road is fully approved for the development of a 162-unit, age-restricted project that will be known as The Residences at Joy Farms. Units will come in one- and two-bedroom floor plans, and amenities will include a fitness center, bar/kitchen area and indoor/outdoor social spaces. Adam Zweibel of Hudson Atlantic brokered the deal. The buyer and seller were not disclosed.

March 30, 2026

Acquisitions Multifamily Texas

IPA Negotiates Sale of 216-Unit Apartment Complex in Temple, Texas

by Taylor Williams March 27, 2026

TEMPLE, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Summit Ridge, a 216-unit apartment complex in the Central Texas city of Temple. Summit Ridge offers one-, two- and three-bedroom units with an average size of 956 square feet and amenities such as a pool, dog park, clubhouse, business center and a fitness center. Will Balthrope of IPA, in conjunction with Tommy Lovell III and Richard Robson of Marcus & Millichap, represented the seller, a private investor, in the transaction. The trio also procured the buyer, Ilan Investments LLC.

March 27, 2026

Acquisitions Hospitality Texas

Hunter Hotel Advisors Arranges Sale of 83-Room Hotel in Gainesville, Texas

by Taylor Williams March 27, 2026

GAINESVILLE, TEXAS — Atlanta-based hospitality brokerage firm Hunter Hotel Advisors has arranged the sale of an 83-room hotel in Gainesville, located north of the metroplex. The Fairfield Inn & Suites Gainesville I-35 hotel was built in 2019 and offers amenities such as an indoor pool, fitness center, business center and 450 square feet of meeting and event space. Kami Burnette and Mason McDavid of Hunter Hotel Advisors represented the seller, an entity doing business as Texoma 35 LLC, in the transaction.

March 27, 2026

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