Saturday, February 7, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Acquisitions

AcquisitionsIllinoisMidwestMultifamily

Marcus & Millichap Negotiates Sale of 23-Unit Multifamily Portfolio in Midlothian, Illinois

by Kristin Harlow

MIDLOTHIAN, ILL. — Marcus & Millichap has negotiated the sale of the Karlov & Keystone Portfolio, a 23-unit multifamily portfolio in Midlothian, a southwest suburb of Chicago. The sales price was undisclosed. Originally built in the 1960s, the properties are located along Karlov and Keystone avenues near I-294 and Route 57. Ryan Engle, Andrean Angelov, Sam Antreasian and Zack Mahoney of Marcus & Millichap represented the seller, a private investor. Engle, Angelov and Antreasian represented the buyer, a private investor.  

Continue Reading
FacebookTwitterLinkedinEmail
3091-Route-22-E.-Branchburg-New-Jersey
AcquisitionsIndustrialNew JerseyNortheast

CBRE Brokers Sale of 311,040 SF Industrial Building in Branchburg, New Jersey

by Taylor Williams

BRANCHBURG, N.J. — CBRE has brokered the sale of a 311,040-square-foot industrial building in the Northern New Jersey community of Branchburg. The building sits on a 26.2-acre site at 3091 Route 22 E. and features a clear height of 40 feet and 42 loading docks. Randy Eigen of CBRE represented the buyer, an entity doing business as TYH Branchburg LLC, in the transaction. Matthew Turse, Tim Cadigan, Judy Troiano, John Gianis and Stephen Gianis of Avison Young represented the seller and developer, Transwestern Development Co.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialNew JerseyNortheast

Colliers Negotiates Sale of 17,768 SF Industrial Building in Mount Laurel, New Jersey

by Taylor Williams

MOUNT LAUREL, N.J. — Colliers has negotiated the sale of a 17,768-square-foot industrial building located just outside Philadelphia in Mount Laurel. The building, which according to LoopNet Inc. was built in 1970 and features a clear height of 16 feet, was renovated in 2017 and fully leased at the time of sale. Marc Isdaner and Ian Richmond of Colliers represented the seller, East Capital Partners, in the transaction. The buyer was an undisclosed 1031 exchange investor.

Continue Reading
FacebookTwitterLinkedinEmail
Plaza-Taos-Chandler-AZ
AcquisitionsArizonaMultifamilyWestern

Garrett Cos. Divests of 164-Unit The Plaza Taos Apartment Complex in Chandler, Arizona

by Amy Works

CHANDLER, ARIZ. — The Garrett Cos. has sold The Plaza Taos, a multifamily community in Chandler, to Olympus Partners for an undisclosed price.  Situated off Arizona State Route 87, The Plaza Taos features 164 one-, two- and three-bedroom apartments with open-concept floor plans, washers/dryers and oversized patios/balconies. Completed in 2023, the community offers a heated swimming pool and spa, an off-leash pet park, indoor dog spa and outdoor kitchen with gas grills. Steve Gebing and Cliff David of Institutional Property Advisors (IPA), a division of Marcus & Millichap, represented the seller and procured the buyer in the deal. Additionally, Brian Eisendrath, Cameron Chalfant and Jake Vitta of IPA Capital Markets secured a seven-year loan on behalf of the buyer.

Continue Reading
FacebookTwitterLinkedinEmail
Longbow-Industrial-Park-Mesa-AZ
AcquisitionsArizonaIndustrialWestern

CapRock Buys 244,286 SF Longbow Industrial Park in Mesa, Arizona

by Amy Works

MESA, ARIZ. — CapRock Partners has acquired Longbow Industrial Park, a two-building industrial complex in Mesa, from a private investor for an undisclosed price. Situated on 14.5 acres on the northwest corner of McDowell Road and 58th Circle, Longbow Industrial Park offers a total of 244,286 square feet of Class A industrial space. Both individual buildings feature 30-foot clear heights, 2,400 square feet of speculative office space, warehouse HVAC and LED lighting, dock packages on one-third of the dock-high doors, ESFR sprinklers, ample power, a fully secured, 182-foot concrete truck court and a large wrap-around parking lot with 320 auto stalls. The 129,165-square-foot Building 1 (divisible to 30,031 square feet) offers 36 dock-high doors and four motorized grade-level doors, while the 115,121-square-foot Building 2 (divisible to 26,291 square feet) features 34 dock-high doors and four motorized grade-level doors. Stein Koss, Tom Louer, Marc Pierce and Fenton Kelly at Lee & Associates represented CapRock Partners in the acquisition and is handling leasing for the project.

Continue Reading
FacebookTwitterLinkedinEmail
1501-Grand-Ave-Phoenix-AZ
AcquisitionsArizonaMultifamilyWestern

Marcus & Millichap Brokers $7.5M Sale of Oasis on Grand Multifamily Property in Phoenix

by Amy Works

PHOENIX — Marcus & Millichap has arranged the sale of Oasis on Grand, an apartment community in Phoenix. Oasis TC LLC sold the asset to 1501 Grand LLC for $7.5 million. Located at 1501 Grand Ave., Oasis on Grand offers 60 apartments. Richard Butler of Marcus & Millichap represented the seller, while Los Angeles-based Stepp Commercial represented the buyer in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilySeniors HousingTexas

Blueprint Negotiates Sale of 269-Unit Seniors Housing Community in San Antonio

by Taylor Williams

SAN ANTONIO — Blueprint Healthcare Real Estate Advisors has negotiated the sale of Franklin Park TPC Parkway, a 269-unit seniors housing community in San Antonio. Built in two phases between 2011 to 2017, the property offers independent living, assisted living and memory care services. Franklin Communities sold the asset to an undisclosed, publicly traded REIT, which will retain Franklin as the operator. Brooks Blackmon, Ben Firestone and Lauren Nagle led the transaction for Blueprint.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsHospitalityTexas

Marcus & Millichap Brokers Sale of 40-Room Hotel in Channelview, Texas

by Taylor Williams

CHANNELVIEW, TEXAS — Marcus & Millichap has brokered the sale of the 40-room Palace Inn Channelview hotel on the eastern outskirts of Houston. Rajan Patel, Chris Gomes, Allan Miller and Skyler Cooper of Marcus & Millichap represented the seller, a limited liability company, in the transaction. The team also procured the buyer, a private investor. Both parties requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsFloridaRetailSoutheast

Marcus & Millichap Brokers $4.5M Sale of CVS-Leased Retail Property in Lakeland, Florida

by John Nelson

LAKELAND, FLA. — Marcus & Millichap has brokered the $4.5 million sale of a single-tenant retail property located at 5010 Florida Ave. S in Lakeland. CVS/pharmacy occupies the building, which comprises 12,738 square feet. Ronnie Issenberg and Ricardo Esteves of Marcus & Millichap represented the buyer, a Florida-based private investor, in the transaction. The seller was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIowaMidwestMultifamily

MLG Capital Acquires 180-Unit Multifamily Property in Urbandale, Iowa

by Kristin Harlow

URBANDALE, IOWA — MLG Capital has acquired Walnut Lake, a 180-unit multifamily property in the western Des Moines suburb of Urbandale. The purchase price was undisclosed. Completed in 2016, the community is located at 4454 NW 142nd St. MLG acquired an interest in the property using 1031 exchange proceeds from its Legacy Fund, which offers a tax-deferred exit strategy for private real estate owners. Walnut Lake marks MLG’s 10th acquisition in metro Des Moines and brings the owner’s total number of units in Iowa to 1,096. Brett Hood of Northmarq originated a $16.1 million Freddie Mac loan for the acquisition. The five-year loan features a fixed interest rate just below 6 percent.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts