YONKERS, N.Y. — Locally based brokerage firm Houlihan-Lawrence Commercial has negotiated the $4.7 million sale of an 18,000-square-foot retail property in Yonkers, located north of New York City. Apparel and footwear retailer Snipes anchors the property, which features nine storefronts and is also home to Yonkers Paint & Hardware. Garry Klein of Houlihan-Lawrence represented the seller in the transaction, and the firm’s Jared Stone represented the buyer. Both parties requested anonymity.
AUSTIN, TEXAS — Locally based brokerage firm Muskin | Elam Group has negotiated the sale of six multifamily properties totaling 179 units in Austin. The properties, which include The Hyde Park Collection, Baccarat Apartments and Adobe Apartments, are concentrated in the Hyde Park neighborhood and have an average construction vintage of 1974. The four Hyde Park Collection properties were sold by the original developers, and there were three different buyers across the six assets. All parties involved requested anonymity.
DALLAS — Marcus & Millichap has brokered the sale of the Dallas Duplex Portfolio, a collection of 30 duplex buildings that are located across southern suburbs of the Dallas-Fort Worth metroplex. Specifically, the buildings, which were constructed between 1983 and 2000 and total 60 two-bedroom units, are located in DeSoto, Ennis, Mansfield and Glenn Heights. Chris Pearson, Bard Hoover, Nick Fluellen and Garret Nelson of Marcus & Millichap represented the seller, a local private investor, in the transaction and procured the buyer, Vault Cap. The sales price was not disclosed.
WILMINGTON, N.C. — JLL has arranged the sale of Pier 33, a 286-unit apartment community located at 901 Nutt St. in downtown Wilmington. Middle Street Partners purchased the luxury community from Dewitt Carolinas Inc. for an undisclosed price. John Mikels, John Gavigan, Niki Dewberry and William Martin of JLL represented the seller in the transaction. Additionally, Ward Smith and Brad Woolard of JLL originated a Fannie Mae acquisition loan on behalf of Middle Street. Built in 2021, Pier 33 features 21,000 square feet of retail space, including concepts Bonita Latin Fusion, Megarounds and Nautical Bowls. The property also features studio, one-, two- and three-bedroom apartments, as well as a resort-style pool, pet spa, sky lounge, fitness center and coworking spaces.
NICHOLASVILLE, KY. — Michigan-based Schostak Brothers Co. has acquired a 125,000-square-foot industrial facility located at 101 Etter Drive in Nicholasville, roughly 14 miles south of Lexington, Ky. The seller and sales price were not disclosed. The warehouse and manufacturing facility marks the second Kentucky acquisition for Schostak Brothers.
CHATTANOOGA, TENN. — Matthews Real Estate Investment Services has brokered the sale of Hurricane Creek, a 62,590-square-foot shopping center located in Chattanooga. Publix anchors the property, which was built in 2007. Southeast U.S. Retail Fund LP sold the center to an entity doing business as Hurricane Creek Center LLC for an undisclosed price. Kyle Stonis, Pierce Mayson and Boris Shilkrot of Matthews arranged the transaction.
ROBERTSDALE, ALA. — Marcus & Millichap’s Taylor McMinn Retail Group in Atlanta has brokered the sale of a newly built gas station and convenience store in Alabama ground leased to Wawa. Delivered earlier this year, the 6,119-square-foot retail property is located on a 2.2-acre site at 18535 County Road 48 in Robertsdale, a suburb of Mobile. The property is situated across from a Walmart Supercenter and features a 20-year ground lease featuring rent increase and extension options. Don McMinn and Andrew Koriwchak of Marcus & Millichap represented the seller, a Florida-based developer, in the transaction. The locally based buyer purchased the location all-cash in an exchange. “This was the second Wawa location in the state of Alabama, and more are coming as Wawa continues its Southeast expansion into Alabama, Georgia and North Carolina,” says McMinn. The Robertsdale location is the second Wawa in Alabama that McMinn and Koriwchak brokered, the first of which was a store in Fairhope.
WOODINVILLE, WASH. — JLL Capital Markets has arranged the sale of Beaumont Apartments in Woodinville, approximately 20 miles northeast of Seattle. The asset traded for $136.1 million. David Young, Corey Marx and Chris Ross of JLL Capital Markets’ Investment and Sales Advisory team represented the undisclosed seller in the deal. The name of the buyer was not disclosed. Located at 14001 NE 183rd St., Beaumont Apartments offers 344 studio, one- and two-bedroom units, with an average size of 856 square feet. The apartments offer stainless steel appliances, keyless entry, mosaic tile kitchen backsplashes, undermount sinks, deep soaker-style bathtubs and French doors leading to private balconies. Community amenities include a fitness center, resort-style pool, terrace with barbecues and fire pit, fenced dog park and a coworking space. The three-story building was constructed in 2009.
MONTEREY PARK, CALIF. — Coldwell Banker Commercial George Realty, on behalf of the private investor seller, has arranged the $38 million sale of the Holiday Inn & Suites hotel at 400 S. Atlantic Blvd. in Monterey Park. Details of the sale were not released. Completed in 2024, the six-story property features 136 guest rooms and 2,000 square feet of meeting space. The hotel is part of the Atlantic Times Square project, which has brought new development to the area south of I-10, west of downtown Los Angeles.
LAS VEGAS — Avison Young has negotiated the sale of El Camino Industrial Center, an industrial facility at 6260 W. Pebble Road in Las Vegas. A Las Vegas-based developer sold the asset to a California-based private investor for $10.3 million, or $290 per square foot. Built in 2023, the 35,446-square-foot El Camino Industrial Center features four dock doors, a clear height of 24 feet, two grade-level doors, ESFR sprinklers and a build-to-suit office. At the time of sale, the property was fully occupied. Chris Lexis and Joe Leavitt of Avison Young represented the seller, while James Griffis of Avison Young represented the buyer in the deal.