Acquisitions

SVN Chicago Commercial Brokers $9M Sale of Shopping Center in Hoffman Estates, Illinois

by Kristin Harlow February 27, 2026

HOFFMAN ESTATES, ILL. — SVN Chicago Commercial has brokered the $9 million sale of Barrington Square Town Center, a 101,769-square-foot shopping center situated on 11 acres in Hoffman Estates. The transaction marks the first time the property has traded hands since 1979. Wayne Caplan and Al Lindeman of SVN Chicago represented the Dutch-based ownership group, Depa Holding Co., along with its U.S. partner, Caruso Development Corp. Harris Ali of Sky High Real Estate represented the buyer, a local investment group. The center on West Higgins Road is adjacent to a 7.2-acre site slated to be developed as Grand Reserve of Hoffman Estates, a 330-unit luxury apartment development. The property is nearly fully leased and traded at a cap rate of 9 percent.

February 27, 2026

Acquisitions Multifamily Student Housing Texas

JLL Negotiates Sale of 748-Bed Student Housing Community in San Marcos, Texas

by Taylor Williams February 26, 2026

SAN MARCOS, TEXAS — JLL has negotiated the sale of Arba San Marcos, a 748-bed student housing community located near the Texas State University campus in San Marcos. Built in 2014, the property offers 240 units in a mix of two-, three- and four-bedroom configurations with bed-to-bath parity. JLL represented the seller, Palatine Capital Partners, an investment firm with offices in Miami, New York City and Los Angeles, in the transaction. The buyer was Miami-based investment firm Centurion Property Group. The sales price was not disclosed.

February 26, 2026

Acquisitions Industrial Texas

Cabot Properties Buys 370,264 SF Industrial Park in Southwest Houston

by Taylor Williams February 26, 2026

HOUSTON — Boston-based investment firm Cabot Properties has purchased Corporate Center Fannin, a 370,264-square-foot industrial park in southwest Houston. The development consists of two buildings: a 218,966-square-foot, cross-dock facility that was built in 2002 and a 151,298-square-foot, front-load building that was completed in 2022. The buildings feature 30- to 32-foot clear heights and a total of 68 dock-high doors and 10 drive-in doors. Trent Agnew, Charles Strauss, Lance Young, Brooke Petzold and Dawson Hastings of JLL represented the seller, Taurus Investment Holdings, in the transaction.

February 26, 2026

Acquisitions Georgia Hospitality Southeast

JLL Arranges Sale of 299-Acre Westin Hotel and Resort in Savannah

by John Nelson February 26, 2026

SAVANNAH, GA. — For the third time in 10 years, JLL has arranged the sale of the Westin Savannah Harbor Golf Resort & Spa, a 299-acre hospitality property located adjacent to the newly expanded Savannah Convention Center on Hutchinson Island. Andrew Dickey, Maciej Polek and Derek Hayden of JLL represented the undisclosed seller in the transaction. Hersha Hotels and Resorts, a KSL portfolio company, purchased the resort for an undisclosed price. In addition to 403 guestrooms, the Westin Savannah Harbor Golf Resort & Spa features more than 51,800 square feet of indoor and outdoor meeting venues, five food-and-beverage outlets, an 18-hole championship golf course designed by Robert Cupp and Sam Snead, the 17-room Heavenly Spa by Westin, a resort-style pool with river views, tennis and pickleball facilities and an 18-hole disc golf course.

February 26, 2026

Acquisitions Maryland Retail Southeast

SVN | Miller Negotiates Sale of 21 Acres at Outlets Ocean City in Coastal Maryland

by John Nelson February 26, 2026

OCEAN CITY, MD. — The McClellan Team at SVN | Miller Commercial Real Estate has negotiated the sale of 21 acres of land underlying Outlets Ocean City, a 200,000-square-foot outlet mall in Ocean City. The outlet mall is subject to a long-term ground lease with leasehold improvements by the new ownership. The Elliott Family sold the land to the undisclosed buyer. The new ownership group has tapped the McClellan Team and Ryan Finnegan of SVN | Miller to lease Outlets Ocean City, which has six units available for lease. According to the property’s online directory, the outlet mall’s tenant roster includes American Eagle, Carter’s, Crocs, HomeGoods, J. Crew Factory, Mione’s Pizza, Old Navy Outlet, Outback Steakhouse, Rack Room Shoes, Skechers, Sunglass Hut and Under Armour, among other brands.

February 26, 2026

Acquisitions Development Florida Restaurant Retail Southeast

Morgan, Casto Net Lease Buy Land in Southeast Florida, Plan Aldi-Anchored Shopping Center

by John Nelson February 26, 2026

PORT ST. LUCIE, FLA. — A partnership between Morgan Co. and Casto Net Lease has acquired 15 acres in Port St. Lucie, a city in southeast Florida’s St. Lucie County. The duo plans to develop a new shopping center anchored by Aldi on the site. The center will also include outparcels designated for McDonald’s, Circle K and AutoZone, as well as outparcels that are currently available for sale or lease. Scott Copeland of On Course Development represented Morgan and Casto Net Lease in the land deal. The seller and sales price were not disclosed. The buyers plan to break ground on the shopping center before the end of the year and deliver the property in 2027.

February 26, 2026

Acquisitions Georgia Restaurant Retail Southeast

Marcus & Millichap Brokers Sale of Metro Atlanta Restaurant Leased to Whataburger

by John Nelson February 26, 2026

FLOWERY BRANCH, GA. — The Taylor McMinn Retail Group of Marcus & Millichap has brokered the sale of a restaurant in Flowery Branch leased to Whataburger. The restaurant was built in 2024 and sold to a local buyer that purchased the property all-cash in a 1031 exchange. Don McMinn and Andrew Koriwchak of Taylor McMinn Retail Group represented the seller, a repeat developer for the Whataburger brand, in the deal. Both parties requested anonymity. Whataburger has 14 years remaining on its ground lease, which features rent increases in the initial term as well as extension options. “This marks our fourth new Whataburger closing in the Atlanta MSA over the past 12 months, and we are currently marketing an additional location in Buford, Ga.,” says McMinn. “Demand for well-located QSR [quick-service restaurant] assets remains strong as 1031 exchange and private capital continue to re-enter the net lease market. Capital targeting the QSR sector is driven by long-term leases, rent escalations and attractive drive-thru locations.”

February 26, 2026

Acquisitions Industrial Nevada Western

AEW Capital Acquires Three-Building, 392,900 SF South Reno Industrial Portfolio in Nevada

by Amy Works February 26, 2026

RENO, NEV. — AEW Capital Management has purchased South Reno Industrial Portfolio, a three-building industrial campus in Reno, from WHI and McKenzie Properties for an undisclosed price. The asset is located at 12910, 12920 and 12930 Old Virginia Road. South Reno Industrial Portfolio consists of three concrete tilt-up buildings: Totaling nearly 20 acres, the campus offers 479 auto parking stalls, loading courts and robust power capacity. At the time of sale, the asset was 92 percent leased to a diverse mix of logistics, advanced manufacturing and e-commerce tenants. Will Strong, Michael Matchett, Molly Miller, Jack Stamets, Madeline Warren, Jeff Chiate, Rick Ellison, Matthew Leuopold, Aubrie Monahan, Mike Nevis and Shawn Jaenson of Cushman & Wakefield represented the sellers and procured the buyer in the deal.

February 26, 2026

Acquisitions California Retail Western

Camden Village Sells 118,187 SF Slatten Ranch Shopping Center in Antioch, California

by Amy Works February 26, 2026

ANTIOCH, CALIF. — Camden Village LLC has completed the disposition of Slatten Ranch Shopping Center, a community retail center in Antioch. Sterling Organization acquired the asset for an undisclosed price. Located at 5709-5759 and 5779-5789 Lone Tree Way, Slatten Ranch Shopping Center features 118,187 square feet of retail space. The property is shadow-anchored by Target. Eric Kathrein, Gleb Lvovich, Andrew Spangenberg and Allie Repaskey of JLL Capital Markets represented the seller in the transaction.

February 26, 2026

Acquisitions Hospitality Kansas Loans Midwest

Ariel Property Advisors Secures $12.4M Acquisition Loan for Hampton Inn Hotel in Kansas

by Kristin Harlow February 26, 2026

DODGE CITY, KAN. — Ariel Property Advisors’ Capital Services Group has secured a $12.4 million acquisition loan for a 108-room Hampton Inn & Suites hotel in Dodge City within southwest Kansas. Matt Swerdlow and Matthew Dzbanek of Ariel arranged the fixed-rate loan through a regional balance sheet lender. The loan featured a 6.5 percent interest rate and a 25-year amortization schedule.

February 26, 2026

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