Wednesday, April 8, 2026
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Acquisitions

AcquisitionsIndustrialMidwestWisconsin

Colliers Brokers Sale of 10-Building Industrial Portfolio in Cudahy, Wisconsin

by Kristin Harlow

CUDAHY, WIS. — Colliers has brokered the sale of a 10-building industrial portfolio known as Mitchell Industrial Park in Cudahy, a southern suburb of Milwaukee. The sales price was undisclosed. The portfolio totals 879,704 square feet and is 99 percent leased to 22 tenants, including DHL, National Packaging Services, Menasha Packaging and Fastenal. The buildings, constructed over the course of several decades, range in size from 24,000 to 212,000 square feet. The assets are located on the immediate southeast corner of Milwaukee Mitchell International Airport. Tom Shepherd, Jennifer Huber-Bullock, Bill Langhoff, Joe Langhoff, Jeff Devine, Steve Disse and Tyler Ziebel of Colliers represented the seller, an affiliate of Oak Realty Group Inc. A joint venture between DRA Advisors and Capital Partners purchased the portfolio. According to Colliers, the deal marked the largest industrial sale year to date in Wisconsin in terms of both size and value.

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AcquisitionsIllinoisMidwestMultifamily

Interra Realty Arranges $8.2M Sale of Apartment Building in Chicago’s Uptown Neighborhood

by Kristin Harlow

CHICAGO — Interra Realty has arranged the $8.2 million sale of The Synagogue, a 40-unit apartment building in Chicago’s Uptown neighborhood. Constructed in 1922, the building at 5029 N. Kenmore Ave. is an adaptive reuse of a former temple that was reopened as apartments in 2019. Previously home of Agudas Achim North Shore Congregation, the synagogue closed in 2008 and was put on the market by its board in 2012 after the facilities had fallen into disrepair. Cedar Street purchased the property in 2016 and subsequently converted it into apartments, retaining the temple’s historic exterior as well as several original interior features. The building features eight studios and 32 one-bedroom units, which were almost fully occupied at the time of sale. Jon Morgan and Michael Duckler of Interra represented Cedar Street in the sale as well as the buyer, a local investor.

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AcquisitionsHealthcareIndianaMidwest

Marcus & Millichap Negotiates $2.6M Sale of Medical Treatment Center in Lafayette, Indiana

by Kristin Harlow

LAFAYETTE, IND. — Marcus & Millichap has negotiated the $2.6 million sale of MedMark Medical Center, a 12,750-square-foot medical office building in Lafayette, about 60 miles northwest of Indianapolis. MedMark, operated by BayMark Health Services Inc., is a provider for opioid use disorders in the U.S. Located at 4705 Meijer Court, the property was built in 2005 and renovated in 2018. Julia Evinger of Marcus & Millichap represented the seller, a regional private investor, and procured the buyer, a regional hospitality group. The deal traded at a cap rate of 6.6 percent. The tenant has three-and-a-half years remaining on its lease along with one five-year renewal option.

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Pederson-Logistics-Center-Katy
AcquisitionsIndustrialTexas

Triten Real Estate Partners Sells 343,760 SF Industrial Property in Katy, Texas

by Taylor Williams

KATY, TEXAS — Locally based development and investment firm Triten Real Estate Partners has sold a 343,760-square-foot industrial property located at 574 Pederson Road in the western Houston suburb of Katy. Pederson Logistics Center is a freestanding cross-dock building that sits on a 25-acre site and features 36-foot clear heights and an ESFR sprinkler system. At the time of sale, the building was fully leased to exercise equipment provider Johnson Health Tech. The buyer was Dallas-based Sealy & Co. The sales price was not disclosed.

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AcquisitionsRetailTexas

JAH Realty Acquires 201,433 SF Richardson Heights Shopping Center in Metro Dallas

by Taylor Williams

RICHARDSON, TEXAS — Regional investment firm JAH Realty has acquired Richardson Heights, a 201,433-square-foot shopping center located on the northeastern outskirts of Dallas. Built in the 1950s, the center was 79 percent leased at the time of sale to tenants such as Alamo Drafthouse Cinema, T.J. Maxx and Half Price Books. Adam Howells, Chris Gerard, Ben Esterer and Keenan Ryan of JLL represented the seller, Silver Star Properties REIT, in the transaction. The sales price was not disclosed.

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AcquisitionsIndustrialTexas

Colliers Arranges Sale of 48,500 SF Industrial Building in Tomball, Texas

by Taylor Williams

TOMBALL, TEXAS — Colliers has arranged the sale of a 48,500-square-foot industrial building in the northwestern Houston suburb of Tomball. The building sits on 7.3 acres at 915 S. Cherry St. and, according to LoopNet Inc., was originally constructed in 1974 and renovated in 2014. Tom Condon Jr. of Colliers represented the seller, an entity doing business as JPL Ventures South Cherry LLC, in the transaction. The buyer, Dixon Capital, was self-represented.

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AcquisitionsRetailTexas

Marcus & Millichap Brokers Sale of 22,350 SF Retail Strip Center in Northwest Houston

by Taylor Williams

HOUSTON — Marcus & Millichap has brokered the sale of Yorktown Crossing, a 22,350-square-foot retail strip center in northwest Houston. The center sits on 2.6 acres and was fully leased at the time of sale to 12 tenants, all of which are signed to triple-net leases. Justin Miller and John Wagner of Marcus & Millichap’s Houston represented the seller, a private out-of-state investor, in the transaction. The buyer was a Houston-based private investor.

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AcquisitionsIndustrialMidwestMinnesota

Syndicated Equities Group Acquires 45,306 SF Winnebago Industries Innovation Center Near Minneapolis

by Kristin Harlow

SAVAGE, MINN. — Syndicated Equities has acquired the Winnebago Industries Innovation Center in Savage, about 20 miles south of Minneapolis. The property consists of a 45,306-square-foot, single-story industrial building that is fully net leased to Winnebago Industries. Originally constructed in 2017, the building underwent a renovation to Winnebago’s specifications in 2023 and now serves as the company’s primary research, development and testing facility. Winnebago utilizes the property for the creation of new prototypes, technology enhancements for its vehicles, data and connectivity upgrades, advanced materials construction and self-driving autonomy development. Syndicated also owns Winnebago’s corporate headquarters, which are located three miles northwest of the asset. Syndicated acquired the latest property in a Delaware Statutory Trust ownership structure to accommodate investors completing 1031 exchanges along with accredited individual investors.

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Glen-91-Glendale-AZ
AcquisitionsArizonaMultifamilyWestern

IPA Brokers $76.5M Sale of Glen 91 Multifamily Property in Glendale, Arizona

by Amy Works

GLENDALE, ARIZ. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Glen 91, an apartment community in the Phoenix suburb of Glendale. HCW sold the asset to Bridge Investment Group for $76.5 million, $258,446 per unit. Steve Gebing and Cliff David of IPA represented the seller and procured the buyer in the deal. Completed in 2023, Glen 91 features 296 apartments, a resort-style swimming pool, hammock garden, covered parking and attached garages. Apartments offer nine-foot ceilings, laundry rooms with full-size washers/dryers and walk-in closets with built-in shelving.

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612-S-Broadway-Los-Angeles-CA
AcquisitionsCaliforniaOfficeRetailWestern

Cushman & Wakefield Negotiates $16M Sale of Office/Retail Building in Los Angeles

by Amy Works

LOS ANGELES — Cushman & Wakefield has arranged the sale of 612 S. Broadway, a landmark building in downtown Los Angeles’ historic core. The six-story creative office and retail property traded for $16 million. Terms of the transaction were not released. Mike Condon Jr., Erica Finck, Reid Gratsch, Brittany Winn, Kylie Rawn and Mark Zakarian of Cushman & Wakefield brokered the transaction. Originally built in 1924 as Desmond’s Department Store and designed by A.C. Martin, the 80,000-square-foot building underwent a redevelopment transforming it into creative office building. Omgivning oversaw the redevelopment, which included adding two floors atop the original structure.

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