AURORA, COLO. — Summit HC Real Estate LLC has acquired a standalone retail building at 390 S. Dayton St. in Aurora from Elianna LLC for $1.2 million, or $542.22 per square foot. The buyer plans to operate its home healthcare business, Summit Home Care, at the 2,250-square-foot building, which features 26 reserved surface parking spaces and prominent signage. Manijeh Saeidi of Brokers Guild Real Estate represented the buyer, while John Propp of John Prop Commercial Group represented the seller in the deal.
WEST HARTFORD, CONN. — Locally based brokerage firm Chozick Realty has arranged the $6.3 million sale of a 38-unit apartment building in West Hartford. The building at 415 Prospect St. houses 16 one-bedroom units and 22 two-bedroom units. Rick Chozick of Chozick Realty represented the seller and procured the buyer, both of which requested anonymity, in the transaction. The new ownership plans to implement capital improvements.
SWEDESBORO, N.J. — Locally based investment firm Alterra IOS (industrial outdoor storage) has purchased a 4.9-acre facility located outside of Philadelphia in Swedesboro. The site at 223 Paulsboro Road is located 20 miles from Philadelphia International Airport and 30 miles from the Port of Philadelphia and was fully leased at the time of sale to equipment rental company Sunbelt Rentals. Scott Mertz of NAI Mertz brokered the deal. The seller was not disclosed.
COLUMBUS, OHIO — BGO and Crawford Hoying have sold a LEED Gold-certified cold storage facility in Columbus for $75.7 million. The 179,000-square-foot speculative development was completed in January. The project features refrigeration and storage technology to support modern food distribution. Contegra Construction was the general contractor, and CBRE was the leasing agent. The buyer was undisclosed.
ROCKFORD, ILL. — Berkadia has negotiated the sale of The Arbors, a 254-unit multifamily property in Rockford. The garden-style community was 98 percent leased at the time of sale. The Arbors was built between 1966 and 1981. Amenities include a fitness room, business center, small community room and package room. Ralph DePasquale of Berkadia represented the seller, Illinois-based Axiom Properties. Illinois-based Becovic Holdings Corp. was the buyer.
OHIO, MICHIGAN AND WISCONSIN — MAG Capital Partners has purchased a 352,625-square-foot industrial portfolio in a sale-leaseback with Robbins Sports Surfaces, a Cincinnati-based manufacturer of high-performance flooring systems. The properties are located in Ohio, Michigan and Wisconsin and comprise manufacturing, warehouse, lumber processing, milling, finishing, assembly and office space across more than 111 acres. Phil DiGennaro and Joe DiGennaro of STREAM Capital Partners represented the seller.
ROSELLE, ILL. — Industrial Outdoor Ventures (IOV) has acquired an industrial outdoor storage (IOS) property located at 160 N. Garden Ave. in Roselle. The 5.7-acre property features a 28,964-square-foot maintenance building and a 1,350-square-foot standalone office. The maintenance building features 13 drive-thru service bays and four additional drive-in doors. IOV plans to make improvements to the facility as part of a leasing initiative. With this acquisition, IOV owns seven Chicago-area assets totaling 90 acres with approximately 158,500 square feet of buildings for storage, maintenance and complementary uses. Matt Garland of Cawley represented the seller, a regional cell tower construction and maintenance company. Garland and Andrew Maletich of Cawley have been named the leasing agents for the property.
PENSACOLA, FLA. — JLL has arranged the sale of The Edge, a 344-bed student housing property located near the University of West Florida campus in Pensacola. Built in 2017, the community offers 84 fully furnished units in three-, four- and five-bedroom configurations. Shared amenities include a 24-hour fitness center, cyber café, coffee bistro, resort-style pool, grilling area and hammocks. The property was 97 percent leased for the 2024-2025 academic year at the time of sale. Joe Ayers and Cliff Taylor of JLL arranged the disposition on behalf of the seller, Campus Realty Advisors. The buyer and terms of the transaction were not released. The University of West Florida has experienced six consecutive years of enrollment growth, according to JLL, with a record-breaking class of 14,712 students for the 2024-2025 academic year.
CHANDLER, ARIZ. — Unbound Development of Phoenix has acquired a freestanding industrial building in Chandler from Rogers Corp. for $14 million. Located at 165 S. Price Road, the 100,000-square-foot property was vacant at the time of sale. Built in 1982 and renovated in 2005, the building features 8,400 amps of power, expandable to 150 megawatts, an oversized lot and Loop 101 freeway frontage. The single-tenant property is situated on 16.7 acres. Unbound Development plans to upgrade the property to meet the needs of today’s users. Joshua Wyss and Steven Mardian of Cushman & Wakefield represented the seller, while Michael Kitlica of Cushman & Wakefield represented the buyer in the transaction.
VALDOSTA, GA. — Marcus & Millichap has brokered the $18.3 million sale of 805 Harmon Heights Apartments & Condos, a 100-unit multifamily community located at 805 Harmon Drive in Valdosta. The buyer, an unnamed Tennessee-based firm, acquired the property from Bobby Diaz of Diaz Construction LLC, the local developer and operator of the property. John Brigel of Marcus & Millichap’s Tampa office represented the seller in the transaction with assistance from John Leonard, Marcus & Millichap’s broker of record for Georgia. 805 Harmon Heights was delivered between 2009 and 2021 and was recently renovated. The property features one-, two- and three-bedroom apartments across nine buildings. Brigel says that the sales price of $182,500 per unit is “a record-setting figure for South Georgia.”