Friday, April 10, 2026
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Acquisitions

AcquisitionsIllinoisIndustrialMidwest

Stream Realty Partners Acquires 104,008 SF Halsted Pershing Business Center in Chicago

by Kristin Harlow

CHICAGO — Stream Realty Partners has acquired Halsted Pershing Business Center in Chicago’s Stockyards submarket for an undisclosed price. The 104,008-square-foot industrial property is fully leased to three tenants. Patrick Russo, Mustafa Ali and Ben Harrison of Stream facilitated the acquisition. Ed Halaburt, Sean Devaney, John Huguenard, Kurt Sarbaugh, Will McCormack and Michael Conway of JLL represented the undisclosed seller. Stream currently manages a portfolio of 41 investments totaling 23.2 million square feet.

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AcquisitionsMidwestMinnesotaMultifamily

Marcus & Millichap Arranges $8.5M Sale of Multifamily Property in Fridley, Minnesota

by Kristin Harlow

FRIDLEY, MINN. — Marcus & Millichap has arranged the $8.5 million sale of Highland Park, a 77-unit multifamily property in the Minneapolis suburb of Fridley. Located at 610 Osborne Road NE and built in 1969, the asset features a mix of one-, two- and three-bedroom units. Nine of the units are townhome-style layouts. Abe Roberts and Michael Jacobs of Marcus & Millichap represented the undisclosed buyer and seller.

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Fiesta-Village-Mesa-AZ
AcquisitionsArizonaMultifamilyWestern

P.B. Bell, Rockpoint Sell 220-Unit Fiesta Village Apartments in Mesa, Arizona

by Amy Works

MESA, ARIZ. — Scottsdale-based P.B. Bell and Boston-based Rockpoint have completed the disposition of The Landing at Fiesta Village, a multifamily property in Mesa. Salt Lake City-based Millburn & Co. acquired the asset for an undisclosed price. The Landing at Fiesta Village features 220 one-, two- and three-bedroom apartments. In-unit amenities include gourmet kitchens with granite countertops, custom cabinets, stainless steel appliances and outdoor balconies. Community amenities include a business center, clubroom, 24-hour fitness facility, resort-style pool, dog park, dog spa and community playground, as well as smart home door locks, thermostats and lights. P.B. Bell and Rockpoint originally acquired the 10.2-acre development site in 2020 and constructed the apartment complex, which was completed in December 2022. Matt Pesch, Asher Gunter, Sean Cunningham and Auston Groen of CBRE represented the sellers in the deal.

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4025-Camino-del-Rio-S-San-Diego-CA
AcquisitionsCaliforniaOfficeWestern

CES Remington Buys Aerofund Financial Plaza Office Building in San Diego for $9.8M

by Amy Works

SAN DIEGO — CES Remington has acquired Aerofund Financial Plaza, a multi-tenant office building situated on 1.3 acres in San Diego’s Mission Valley neighborhood, for $9.8 million. The seller was not disclosed. Located at 4025 Camino del Rio S., the three-story, u-shaped building offers 48,571 square feet of space. At the time of sale, the property was fully leased to nine tenants across a diversified mix of industries and sizes. Jeffrey Cole, Nico Napolitano, Mark Avilla and Brooks Campbell of Cushman & Wakefield’s capital markets and private capital groups in Southern California collaborated to represent the seller, while Brandon Keith of Voit Real Estate Services represented the buyer in the deal.

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3110-R-St-Merced-CA
AcquisitionsCaliforniaRetailWestern

Matthews Negotiates $5.8M Sale of Retail Strip Center in Merced, California

by Amy Works

MERCED, CALIF. — Matthews Real Estate Investment Services has arranged the sale of 3110 R Street, a retail strip center in the San Joaquin Valley city of Merced. The asset traded for $5.8 million, or $828 per square foot. The retail center is occupied by corporate-guaranteed tenants, with Chipotle and Panera Bread occupying the end-cap storefronts. Chipotle recently extended its lease for an additional 10 years. Clay Smith of Matthews represented the seller in the transaction.

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AcquisitionsArizonaIndustrialWestern

Cushman & Wakefield | PICOR Brokers Sale of 40,078 SF Industrial Space in Tucson, Arizona

by Amy Works

TUCSON, ARIZ. — Cushman & Wakefield | PICOR has arranged the sale of 40,078 square feet of industrial space at 2106 N. Forbes Blvd. in Tucson. North Forbes LLC sold the asset to Block “C” Properties LLC for $3.9 million. Stephen Cohen of Cushman & Wakefield | PICOR represented both parties in the transaction.

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AcquisitionsMultifamilySeniors HousingSouth CarolinaSoutheast

Kauhale Health Acquires 66,765 SF The Parker Assisted Living Community in Greenville, South Carolina

by Hayden Spiess

GREENVILLE, S.C. — Kauhale Health has acquired The Parker, a 66,765-square-foot assisted living and memory care facility located in the Pettigru Historic District, roughly one mile outside downtown Greenville. Comprising 75 assisted living and 17 memory care private suites, the property will be rebranded as Kauhale Pettigru. Amenities at the facility, which is 100 percent private pay, include common dining areas, private dining, a beauty salon, community room, game room, parlor room, theater, gardens, patios and multiple walking paths.   A subordinate of Kauhale Health will operate the community, with Kauhale Healthcare Management managing the facility. Built in 2001 on 3.5 acres, the property recently underwent renovations to the common areas and one-third of the residential units. 

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The-Plaza-One-Shopping-Center_Monroe-La
AcquisitionsLouisianaRetailSoutheast

Marcus & Millichap Negotiates $10.5M Sale of The Plaza One Shopping Center in Monroe, Louisiana

by Hayden Spiess

MONROE, LA.— Marcus & Millichap has brokered the $10.5 million sale of The Plaza One Shopping Center, a retail center located at 2810 Louisville Ave. in Monroe. Super 1 Foods anchors the property, which totals 96,765 square feet. The center was fully leased at the time of sale. Zach Taylor and Philip Levy of Marcus & Millichap represented the seller, a Texas-based private investor, in the transaction. Steve Greer assisted in closing the sale as the Louisiana broker of record. 

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Bayberry Road office building
AcquisitionsFloridaOfficeSoutheast

NAI Hallmark Brokers $4.1M Sale of Office Property in Jacksonville, Florida

by Hayden Spiess

JACKSONVILLE, FLA. — NAI Hallmark has brokered the $4.1 million sale of 8014 Bayberry Road, an office property in Jacksonville. Built in 1978 and renovated in 2007, the building totals 32,781 square feet. Petticoat Schmitt Civil Contractors acquired the property, which features web-based HVAC controls, access-point badge reading technology, interior and exterior camera systems and an uninterruptible power supply (UPS) system with a 175-Kilowatt back-up diesel generator. Daniel Burkhardt of NAI Hallmark represented the seller, Bayberry Wells Leasing, in the transaction. 

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AcquisitionsMidwestRetailWisconsin

Brisky Net Lease Brokers $3.6M Sale of Festival Foods-Occupied Property in Portage, Wisconsin

by Kristin Harlow

PORTAGE, WIS. — Brisky Net Lease has brokered the $3.6 million sale of a Festival Foods-occupied retail property in Portage, a city in central Wisconsin. The single-tenant, net-leased grocery asset is located at 2915 New Pinery Road along US Highway 51. Brian Brisky of Brisky Net Lease represented the seller, a REIT. The buyer was also a REIT. Festival Foods, a family-owned company, operates roughly 40 locations in Wisconsin.

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