SEATTLE — SecureSpace has acquired Northlynn Mini-Storage in the Lynnwood area of Seattle. The facility is located at 15620 Highway 99. It contains a total of 57,700 net rentable square feet. The ground-floor units consist of drive-up and interior units, with two dozen rentable parking spaces. SecureSpace plans a substantial renovation to enhance the appeal of the facility for the 134,000 residents residing within a three-mile radius. The property will be rebranded as SecureSpace Self Storage Lynnwood, becoming the eighth store under that brand in the Seattle MSA.
CONYERS, GA. — Ackerman & Co. has purchased a newly built, 212,232-square-foot distribution center located at 2020 E. Park Drive in Conyers, about 30 miles east of downtown Atlanta. The developer, Dayton Street Partners, sold the property to the locally based developer for an undisclosed price. Built in late 2022, the facility is located in Atlanta’s I-20 East submarket in Rockdale County. The rear-load building features 32-foot clear heights, two drive-in dock doors, more than 200 car parking spaces and a truck court with 41 parking spaces. Brett Buckner and Chris Miller of Ackerman & Co. will direct leasing efforts at the property, which offers options starting at 50,000 square feet.
DALLAS — Avison Young has brokered the $20 million sale of a multifamily development site located at 3515 Brown St. in Uptown Dallas. The 1.6-acre site currently houses a 26-unit condominium complex. Mike Kennedy and Paul Harmon of Avison Young represented the seller, the Wimbledon Place Homeowners Association, in the transaction. The buyer, Chicago-based developer Fifield Cos., plans to demolish the existing building and construct a 24-story apartment tower on the site. A construction timeline was not disclosed.
SAN ANTONIO — Northmarq has arranged the sale of RiverBend Apartments, a 200-unit multifamily complex in San Antonio. Built in 1984 and recently renovated, the property offers studio, one- and two-bedroom units and amenities such as two pools, a playground, clubhouse, basketball court and outdoor picnic areas. Regional Investment & Management sold the asset to Two Ten Management for an undisclosed price. Moses Siller, Zar Haro, Phil Grafe, Bryan VanCura and Brian Booth of Northmarq represented both parties in the deal.
ILLINOIS — Senior Lifestyle has acquired four seniors housing communities in metro Chicago for an undisclosed price. The properties include Aspired Living of La Grange, Aspired Living of Westmont, Aspired Living of Prospect Heights and Aspired Place of Lake Zurich. The communities offer a variety of living options such as assisted living, memory care and supportive living residences. Each property offers exclusive programming and gourmet dining options.
AURORA, ILL. — Colliers has brokered the sale of the I-88 Logistics Center in Aurora for an undisclosed price. Built on a speculative basis by Opus North Development in 2015, the 604,556-square-foot facility features a clear height of 32 feet and parking for 63 trailers. At the time of sale, the property was fully leased to Ryder Logistics, whose lease runs through 2027. Jeff Devine and Steve Disse of Colliers represented the seller, an institutional real estate advisor. An undisclosed financial institution purchased the asset.
RACINE, WIS. — Marcus & Millichap has negotiated the $3.4 million sale of Warwick Business Court in Racine, about 30 miles south of Milwaukee. The 24,500-square-foot office building is situated on Warwick Way. At the time of sale, the property was 89 percent occupied and anchored by three medical tenants. The building was constructed in 2000 and renovated within the last three years. Brett Rodgers, Frank Roti and Alex Sacks of Marcus & Millichap represented the seller, a limited liability company. The team also secured and represented the buyer, a private investor.
SPRING GROVE, ILL. — Entre Commercial Realty has arranged the sale of a 101,323-square-foot industrial building in Spring Grove, a city in Northeast Illinois. The building sits on 10 acres at 3106 N. Route 12. Spring Grove-based All-Rite Spring Co. acquired the facility with plans to consolidate operations from multiple buildings. Dan Jones, Dan Benassi and Sam Deihs of Entre represented the buyer. The sales price and seller were undisclosed.
PENNSYLVANIA — Blueprint Healthcare Real Estate Advisors has arranged the sale of a skilled nursing portfolio totaling more than 1,000 beds in Pennsylvania. A public REIT and its operating partner sold the two campuses, which offer independent living, personal care and memory care services. Although specific property names and locations were not disclosed, the properties are concentrated in northeast and central Pennsylvania. An East Coast-based investor seeking to establish a new footprint in the region acquired the assets for an undisclosed price.
FRAMINGHAM, MASS. — Atlantic Capital Partners, a division of Boston-based Atlantic Realty, has arranged the sale of a 64,917-square-foot retail property in Framingham, a western suburb of Boston, that is leased to grocer Stop & Shop. The site spans 7.6 acres and has an average daily traffic count of more than 68,500 vehicles. Justin Smith, Chris Peterson, Sam Koonce and Danielle Donovan of Atlantic Capital Partners represented the seller and procured the buyer, both of which requested anonymity, in the transaction.