Saturday, February 7, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Acquisitions

AcquisitionsFloridaRetailSoutheast

SRS Brokers $3.7M Sale of Gas Station, Convenience Store in Central Florida Ground Leased to Wawa

by John Nelson

OCALA, FLA. — SRS Real Estate Partners has brokered the $3.7 million sale of a 6,119-square-foot gas station and convenience store situated on 2.3 acres at 8300 S.W. 100th St. in Ocala, a city in Central Florida. The newly constructed property has a 20-year, corporate-guaranteed ground lease in place with Wawa. Patrick Nutt and William Wamble of SRS represented the seller, an unnamed development firm based in Florida, in the transaction. The undisclosed, privately held buyer is based in Arizona and purchased the property in a 1031 exchange.

Continue Reading
FacebookTwitterLinkedinEmail
Domain-at-Midtown-Park-Dallas
AcquisitionsMultifamilyTexas

Partnership Acquires 395-Unit Apartment Community in North Dallas, Plans New Rent Restrictions

by Taylor Williams

DALLAS — A partnership between three investment firms — California-based Waterford Property Co., The Vistria Group and Brooklyn-based Northern Liberties — has acquired Domain at Midtown Park, a 395-unit apartment community in North Dallas. Concurrent with the sale, the new ownership entered into a 99-year ground lease with the Dallas Housing Finance Corp. to place rent restrictions on the property in exchange for a full property tax abatement. More specifically, 51 percent of the units will be reserved for renters earning 80 percent or less of the area median income (AMI), while 39 percent of the residences will be earmarked for households earning 140 percent or less of AMI. The remaining units will be rented at market rates. Domain at the Park was originally constructed in 2016 and offers amenities such as a pool, clubhouse, fitness center, business center, outdoor grilling and dining stations, dog park and a golf simulator. Walker & Dunlop originated Freddie Mac acquisition financing for the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyTexas

InterUrban Cos. Sells 260-Unit Apartment Complex in Metro Houston

by Taylor Williams

KINGWOOD, TEXAS — Colorado-based investment firm InterUrban Cos. has sold Woodland Hills Village, a 260-unit apartment complex in Kingwood, a master-planned development located north of Houston. The property offers one-, two- and three-bedroom units to go with a pool and fitness center. Kyle Whitney, Chris Young, Joey Rippel, Jeffrey Skipworth and Chris Curry of Berkadia represented InterUrban Cos. in the transaction. The buyer, an undisclosed Dallas-based investment firm, plans to implement a value-add program. The sales price was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialSelf-StorageTexas

Marcus & Millichap Brokers Sale of 251-Unit Self-Storage Facility in Spring, Texas

by Taylor Williams

SPRING, TEXAS — Marcus & Millichap has brokered the sale of a 251-unit self-storage facility located in the northern Houston suburb of Spring. Spring Cypress Self Storage was built on 4.4 acres in 1970 and totals 74,872 net rentable square feet across 18 single-story buildings. A private investor sold the property to a limited liability company, with both parties requesting anonymity. Dave Knobler of Marcus & Millichap represented both sides in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
5665-Dennis-McCarthy-Dr-Lebec-CA
AcquisitionsCaliforniaIndustrialWestern

Dedeaux, Basis Sell Warehouse Facility in Lebec, California for $37.1M

by Amy Works

LEBEC, CALIF. — Dedeaux Properties and joint venture partner Basis Investment Group have completed the sale of a warehouse building, located at 5665 Dennis McCarthy Drive in Lebec, approximately 90 miles northwest of Los Angeles. An owner/user acquired the asset for $37.1 million, or $159 per square foot, in an off-market transaction. The buyer, a national clothing and textile distributor, will relocate its operations to the 233,217-square-foot building, which features 36-foot clear heights, 29 dock-high doors and parking for 90 trailers. The property is on 12.3 acres in Tejon Ranch Commerce Center, a 20-million-square-foot, master-planned development on Interstate 5.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsRetailTexas

Vista Property Buys 197,553 SF Shopping Center in Lake Worth, Texas

by Taylor Williams

LAKE WORTH, TEXAS —Dallas-based investment firm Vista Property has purchased Lake Worth Marketplace, a 197,553-square-foot shopping center located on the northwestern outskirts of Fort Worth. Built in phases between 2005 and 2007, the center was 93 percent leased at the time of sale to tenants such as Kohl’s, Marshalls, Burlington, pOpshelf, Lane Bryant and Bath & Body Works. Barry Brown, Chris Gerard, Erin Lazarus, Keenan Ryan and Ben Pollack of JLL represented the undisclosed seller in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
Chandler-Airport-Business-Park-Chandler-AZ
AcquisitionsArizonaIndustrialWestern

CapRock Partners Buys 318,683 SF Industrial Park in Chandler, Arizona

by Amy Works

CHANDLER, ARIZ. — CapRock Partners has acquired Chandler Airport Business Park, a newly finished, Class A industrial asset in Chandler. The 318,683-square-foot property features four freestanding warehouse buildings ranging in size from 56,756 square feet to 103,639 square feet, as well as access to Phoenix’s Southeast Valley region. Chandler Airport Business Park features ESFR sprinklers; ample power; large, secured, concrete truck courts; and space for 428 auto stalls, including electric vehicle charging stations. Individual building specifications include: The 20-acre property is located at the northwest corner of Cooper Road and Queen Creek Road. Stein Koss, Tom Louer and Fenton Kelly at Lee & Associates represented CapRock Partners in the transaction. The team is also leading leasing for the property.

Continue Reading
FacebookTwitterLinkedinEmail
1993-1995-W-Olive-Ave-Merced-CA
AcquisitionsCaliforniaNet LeaseRestaurantRetailWestern

Hanley Negotiates $8.2M Sales of Adjacent 7-Eleven, Starbucks Drive-Thru Properties in Merced, California

by Amy Works

MERCED, CALIF. — Hanley Investment Group Real Estate Advisors has arranged the sales of two newly constructed, adjacent, single-tenant retail properties in the San Joaquin Valley city of Merced. Two individual private buyers purchased the assets in separate transactions totaling $8.2 million. In both transactions, Bill Asher and Jeff Lefko of Hanley represented the developer and seller, Glendale-based Chase Partners. A Los Angeles-based private investor acquired the first asset for $5.3 million. Constructed in 2023, the 4,088-square-foot convenience store and gas station is located at 1995 W. Olive Ave. 7-Eleven occupies the building under a new, corporate, 15-year, triple-net lease. Nicholas Borrelli of Coldwell Banker Commercial George Realty in Arcadia represented the buyer in the deal. A Los Angeles-based private investor purchased the second building for $2.9 million. Michael Mehdizadeh of Los Angeles represented the buyer in the deal. Located at 1993 W. Olive Ave., Starbucks occupies the 1,000-square-foot, drive-thru-only building under a new, corporate, 10-year, triple-net lease.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

CMI Brokerage Arranges Sale of 24,000 SF Industrial Property in La Marque, Texas

by Taylor Williams

LA MARQUE, TEXAS — Locally based firm CMI Brokerage has arranged the sale of a 24,000-square-foot industrial property in La Marque, located southeast of Houston. The property spans 3.6 acres at 412-500 Main St. Trent Vacek of CMI Brokerage represented the seller in the transaction, and Debbie Grigg of Nexthome First Source represented the buyer. Both parties requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsHealthcareMidwestMinnesota

Transwestern Brokers $8M Sale of Medical Office Building in Maple Grove, Minnesota

by Kristin Harlow

MAPLE GROVE, MINN. — Transwestern Real Estate Services has brokered the $8 million sale of Maple Grove Executive Plaza, a 58,000-square-foot medical office building in the Minneapolis suburb of Maple Grove. The property at 7767 Elm Creek Blvd. is home to Children’s Minnesota Specialty Center, iSpine Clinics and Edina Realty. The building is 92 percent occupied, and 66 percent of the tenants are in the medical field. Mike Salmen, Erik Coglianese and Bryan Beltrand of Transwestern represented the seller, Merchant Development LLC. The buyer was an entity linked to MSP Commercial, a real estate firm focused on developing, acquiring and managing healthcare properties in the Twin Cities. MSP is planning capital improvements and extensive renovations to the building, including updating the common areas. The firm plans to prioritize bringing additional medical tenants to the building.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts