Acquisitions

First Washington Realty Sells 174,428 SF Shopping Center in San Luis Obispo, California

by Amy Works October 6, 2026

SAN LUIS OBISPO, CALIF. — First Washington Realty has sold Marigold Center, a grocery-anchored shopping center in San Luis Obispo, about 200 miles north of Los Angeles, to Nuveen Real Estate for $58.2 million. Gleb Lvovich, Geoff Tranchina, Daniel Tyner and Eric Kathrein of JLL Capital Markets represented the seller in the deal. Located at 3900 Broad St., Marigold Center offers 174,428 square feet of retail space. Situated on 17.5 acres, the property was 91.6 percent leased at the time of sale. Tenants include Vons, CVS/pharmacy and Planet Fitness, as well as a mix of grocery, pharmacy, fitness, sporting goods, restaurant, medical and service-oriented tenants.

October 6, 2026

Acquisitions Colorado Office Western

Unique Properties/TCN Negotiates Sale of 97,992 SF Office Building in Golden, Colorado

by Amy Works October 6, 2026

GOLDEN, COLO. — Unique Properties/TCN Worldwide has negotiated the sale of 2801 Youngfield Street, an 97,992-square-foot office building in Golden, a western suburb of Denver. HGN Realty sold the asset to an undisclosed buyer for $6.5 million. Rachel Colorosa and Zach Schuchman of Unique Properties/TCN Worldwide represented the seller in the off-market transaction.

October 6, 2026

Acquisitions California Multifamily Western

Marcus & Millichap Brokers $6.3M Sale of San Francisco Multifamily Portfolio

by Taylor Williams October 6, 2026

SAN FRANCISCO — Marcus & Millichap has brokered the sale of a portfolio of two multifamily properties at 1159-1169 and 1067-1071 Union St. in San Francisco’s Russian Hill neighborhood. The properties sold for a combined $6.3 million after approximately 50 years under the same family ownership. Philip Batlin, Clinton Textor, Sam Runco and Jordan Tong, investment specialists in Marcus & Millichap’s San Francisco office, represented seller in the transaction and procured the buyer, local firm Ballast. Built in 1925, the 9,123-square-foot property at 1159-1169 Union St. consists of six two-bedroom, one-bath units on a 0.12-acre parcel. The property features two flats per floor across three residential levels, six garage spaces and rear access from Warner Place. Built in 1908, the 6,075-square-foot property at 1067-1071 Union St. consists of five two-bedroom, one-bath units and is situated on a 0.07-acre parcel. The property includes two buildings on a single lot with frontage on Union Street and Macondray Lane.

October 6, 2026

Acquisitions Multifamily Texas

MMG Real Estate Advisors Arranges Sale of 192-Unit Apartment Complex in Bryan, Texas

by Taylor Williams October 5, 2026

BRYAN, TEXAS — Regional brokerage firm MMG Real Estate Advisors has arranged the sale of The Element at University Park, a 192-unit apartment complex in the Central Texas city of Bryan. Built in 2000, the property offers one- and two-bedroom units and an array of sports courts — basketball, volleyball, pickleball — in addition to a business center. Houston-based Lumen Capital sold the property to Hayden Properties for an undisclosed price. Harris Weber, Michael Moffitt, Michael Watson, Michael Miller and Thomas Skevington of MMG brokered the deal.

October 5, 2026

Acquisitions Office Texas

JLL Negotiates Sale of 172,854 SF Office Building in Northwest Austin

by Taylor Williams October 5, 2026

AUSTIN, TEXAS — JLL has negotiated the sale of Research Park Plaza V, a 172,854-square-foot office building in northwest Austin. Completed in 2015, the four-story building was 85 percent leased at the time of sale to “institutional-quality” tenants such as Cadence Design Systems, which serves the semiconductor industry, and Planview, a global software company. Ryan Stevens, Drew Fuller and Jeff Coddington of JLL represented the seller, Atlanta-based REIT Cousins Properties (NYSE: CUZ), in the transaction. The buyer and sales price were not disclosed.

October 5, 2026

Palisade-Santee-Commerce-Center-Santee-CA

Acquisitions California Development Industrial Western

North Palisade Partners Underway on 290,618 SF Multi-Tenant Industrial Project in Santee, California

by Amy Works October 5, 2026

SANTEE, CALIF. — North Palisade Partners is underway on development of Palisade Santee Commerce Center, a new industrial project in Santee, located in San Diego County. The company acquired the 13.4-acre site at 10990 N. Woodside Ave. from an undisclosed seller for $22.7 million. Slated for completion in third-quarter 2027, Palisade Santee Commerce Center will offer 290,618 square feet of multi-tenant industrial space. Evan McDonald of Colliers represented the buyer in the transaction. Additionally, McDonald and Mark Lewkowitz of Colliers will serve as the property’s leasing advisors.

October 5, 2026

Acquisitions California Retail Western

Westwood Financial Acquires 95,416 SF Grocery-Anchored Center in Huntington Beach, California

by Amy Works October 5, 2026

HUNTINGTON BEACH, CALIF. — Westwood Financial has acquired Peninsula Marketplace, a 95,416-square-foot shopping center located in Huntington Beach in Southern California. Grocer Ralphs anchors the property, which was 99 percent leased at the time of sale. Other tenants at the center include Planet Fitness, Carl’s Jr., Woof Gang Bakery & Grooming, Sourdough & Co., Rubio’s Baja Gril, Peninsula Orthodontics, Aim Mail Center and 602 Coffee & Acai.

October 5, 2026

Acquisitions California Retail Western

Hanley Investment Group Brokers Sale of 87,042 SF Shopping Center in Apple Valley, California

by Amy Works October 5, 2026

APPLE VALLEY, CALIF. — Hanley Investment Group Real Estate Advisors has arranged the sale of Apple Valley Towne Center, a regional shopping center in San Bernardino County. Kevin Fryman, Bill Asher and Sean Cox of Hanley Investment Group represented the seller and developer, San Pedro, Calif.-based Rich Development Enterprises, in the transaction. The buyer and sales price were not disclosed. Completed earlier this year o a 7.9-acre site at 19390 Bear Valley Road, Apple Valley Towne Center features 87,042 square feet of retail space that was fully leased at the time of sale to three national junior box tenants: Hobby Lobby, Marshalls and Five Below. The tenants operate under new initial long-term triple-net leases with scheduled rental increases every five years. Additionally, the property is shadow anchored by Stater Bros. Markets, Lowe’s and Walgreens.

October 5, 2026

Acquisitions California Multifamily Western

Berkadia Arranges $6.8M Sale of Apartment Building in Los Angeles’ Westchester Neighborhood

by Amy Works October 5, 2026

LOS ANGELES — Berkadia has arranged the $6.8 million sale of Altezza, a 16-unit apartment building in the Westchester neighborhood of Los Angeles. Steffan Braunlich of Berkadia El Segundo led the transaction on behalf of the seller, Revere Investments of Rolling Hills Estates, California. The buyer was Edud Investments, based out of Corona, California. The deal closed on Sept. 21. Located at 6925 Kittyhawk Ave., the property was built in 1993 and features 16 two-bedroom, two-bathroom apartments, including upper-level, two-story loft layouts. The property also includes in-unit stackable washers and dryers, central heating and air conditioning, controlled access and 32 subterranean parking spaces.

October 5, 2026

Acquisitions Hospitality New Hampshire Northeast

JLL Negotiates Sale of 32-Room Hotel in Concord, New Hampshire

by Taylor Williams October 5, 2026

CONCORD, N.H. — JLL has negotiated the sale of the 32-room Centennial Hotel in Concord. Located in the state capital’s downtown area, the historic building was constructed in 1898 and converted to a boutique hotel in 1996. Amenities include a fitness center, business center, continental breakfast service, an onsite restaurant and bar and 1,785 square feet of meeting and event space. Alan Suzuki of JLL represented the seller, Sparta Properties, in the transaction. The buyer was Lord Hotels.

October 5, 2026

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