Acquisitions

ROMEOVILLE, ILL. — Cawley Commercial Real Estate has brokered the sale of a newly constructed maintenance facility located at 1385 Joliet Road in Romeoville. Matt Garland of Cawley represented the buyer and seller and played a role in every state of the property’s evolution, from the original land sale through the disposition. Several years ago, Garland brokered the sale of the 4-acre parcel to KAB Properties. Upon completion of the development, KAB returned to Garland to market the asset for sale. Garland sourced the buyer, MW Express, a trailer repair and maintenance specialist that will use the facility to support its continued expansion in the Chicago market. Colleagues Andrew Maletich and Houston Brooke supported Garland throughout the transaction. Jandra Zitkevicius of Brick-by-Brick Realty provided additional representation for the seller. Completed in fourth-quarter 2025, the 27,500-square-foot property includes 19,950 square feet of warehouse space and 7,550 square feet of office space. It offers immediate access to I-55 and I-355.

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1775-La-Costa-Meadows-Dr-San-Marcos-CA

SAN MARCOS, CALIF. — CBRE has negotiated the $14.5 million sale of an industrial property located in the Southern California city of San Marcos. An entity doing business as La Costa Meadows LLC sold the asset, located at 1755 La Costa Meadows Drive, to a private, 1031 exchange investor. Matt Pourcho, Anthony DeLorenzo and Rob Gunness of CBRE represented the seller in the transaction., while Michael Albert of Pacifica Capital and Kelly Betpolice of Kidder Mathews represented the buyer. Fluid Components International (FCI) fully occupies the 66,976-square-foot property. The company utilizes the property as its primary U.S. manufacturing facility and has occupied the asset since its construction in 1981.

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The-Legacy-San-Antonio

SAN ANTONIO — CBRE has arranged an undisclosed amount of acquisition financing for The Legacy, a 353,000-square-foot retail property in San Antonio. Built on 32 acres in 2006, The Legacy is home to tenants such as Main Event Entertainment, Best Buy and Buffalo Wild Wings. John Fenoglio and Brock Hudson of CBRE arranged the financing on behalf of the owner, a partnership between San Diego-based Rio Capital Investments and Triangle Capital Group. The direct lender was not disclosed. Barry Brown, Whitney Snell and Shea Petrick of JLL represented the seller, Santikos Real Estate Services, in the disposition.

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DENISON, TEXAS — Marcus & Millichap has brokered the sale of A-Alpha Self Storage, a 306-unit facility in the North Texas city of Denison. Built on 4.2 acres between 1996 and 2008, the facility spans 41,959 net rentable square feet of non-climate-controlled space, as well as five permanent shipping containers and one office space. Danny Cunningham and Brandon Karr of Marcus & Millichap represented the undisclosed seller in the transaction and procured the buyer, a Dallas-Fort Worth owner-operator that similarly requested anonymity.

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KENOSHA, WIS. — CBRE has brokered the $7.1 million sale of Bayside Townhomes, a 32-unit multifamily community in Kenosha. CBRE’s Matson Holbrook, Gretchen Richards and Sean Beuche represented the seller, Bayside Townhomes LLC. Campbell Creek Communities LLC was the buyer. Bayside Townhomes is located at 1523 Sheridan Road, proximate to Carthage College and the Lake Michigan waterfront. The property, which features three-bedroom floor plans averaging 1,500 square feet, was fully occupied at the time of sale.

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ALGONQUIN, ILL. — Marcus & Millichap has negotiated the $5.6 million sale of a newly built retail property occupied by Chipotle and First Watch in Algonquin. The 6,150-square-foot asset is located at 1721 S. Randall Road within The Enclave mixed-use development. Austin Weisenbeck and Sean Sharko of Marcus & Millichap represented the seller, a developer. Darpan Patel and Dan Yozwiak of Marcus & Millichap procured the out-of-state buyer.

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FORT MYERS, FLA. — JLL has brokered the $48.4 million sale of Meridian Business Campus, a four-building industrial park located at 16101-16301 Parallel Drive in Fort Myers. Built in 2023 near Southwest Florida International Airport, the 208,447-square-foot park was 96.5 percent leased at the time of sale to eight tenants. Capital Partners acquired the 17.3-acre industrial park from a joint venture between Geis Cos. and Westminster Capital. John Huguenard, Luis Castillo and Cody Brais of JLL represented the seller in the transaction. Billy Mork of CBRE’s Debt and Structured Finance team in Minneapolis secured a 10-year acquisition loan for Capital Partners. The loan was underwritten at a fixed 5.5 percent interest rate with a partial interest-only period and 30-year amortization schedule.

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BOILING SPRINGS, S.C. — Berkadia has arranged the sale of Villas at Lawson Creek, a 202-unit, garden-style apartment community located at 9159 Asheville Highway in Boiling Springs, a northern suburb of Spartanburg, S.C. Charleston-based Matheson Capital purchased the property from Omaha, Neb.-based Momentum Housing for an undisclosed price. Caleb Troop, Thomas Colaiezzi, Matt Robertson and Drew Kwiatkowski of Berkadia’s Charlotte office represented the seller in the transaction. Built in 2009, Villas at Lawson Creek features one-, two- and three-bedroom apartments ranging in size from 652 to 1,444 square feet. Amenities include a swimming pool, fitness center, grilling and picnic areas, laundry facilities, car care center, movie lounge and additional storage units.

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WILMINGTON, MASS. — Local brokerage firm Atlantic Capital Partners (ACP) has arranged the $7.7 million sale of a 53,679-square-foot shopping center in Wilmington, located north of Boston. Grocer McKinnon’s Market anchors the center, which was 91 percent leased at the time of sale. Justin Smith, Chris Peterson, Danielle Turpin and John Dixon of ACP represented the undisclosed seller in the transaction. The sale included 13.6 undeveloped, residential-zoned acres situated directly behind the center.

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40880-40935-40945-County-Center-Dr-Temecula-CA

TEMECULA, CALIF. — CBRE has brokered the $13.5 million sale of a three-building industrial park located at 40880, 40935 and 40945 County Center Drive in Temecula. Jewell Capital LLC acquired the property from South La Brea LCC. Totaling 68,073 square feet, the park consists of three single-story buildings across two separate parcels. At the time of sale, the asset was 97.4 percent leased to multiple tenants with an average tenant size of approximately 3,012 square feet and “ample” grade-level parking. Matt Pourcho, Matt Harris and Anthony DeLorenzo of CBRE represented the seller in the transaction.

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