COLORADO SPRINGS, COLO. — Quantum Commercial Group has arranged the sale of a 9,400-square-foot office space at 118, 120 and 122 E. Kiowa St. in Colorado Springs. Spaces Ltd. sold the asset to IV Goats LLC for $2.4 million. Andrew Oyler of Quantum Commercial Group handled the transaction.
CLARKSVILLE, TENN. — Matthews Real Estate Investment Services has negotiated the $31 million sale of Victory Place Townhomes, a 194-unit multifamily community located at 401 Victory Road in Clarksville, about 54 miles northwest of Nashville. New York-based private equity firm BridgeGaps purchased the asset in a 1031 exchange with the seller, Singletary Construction, which developed the property in 2021. Austin Tomaiko and Austin Graham of Matthews represented the seller in the transaction, which Matthews says was the biggest sale in Clarksville by both unit count and sales price in the past 12 months. Victory Place Townhomes features a pool, fitness center, leasing office and dog parks, as well as one-, two- and three-bedroom floor plans.
ORLANDO, FLA. — TSB Capital Advisors has secured acquisition financing for Nine at Central, a 764-bed student housing community located near the University of Central Florida campus in Orlando. QuadReal provided an undisclosed amount of financing to the borrower, L3 Campus. Delivered in 2023, Nine at Central offers a mix of one-, two-, four-, five- and six-bedroom units with bed-to-bath parity. Each unit features a 55-inch smart TV, private balcony, energy-efficient stainless steel appliances and Bluetooth-integrated washers and dryers. Shared amenities include a swimming pool, hammock garden, outdoor barbecues, a wet bar, poolside cabanas, game-day jumbotron, putting green, fitness center, yoga studio, study pods on each floor and a full arcade room.
WOODSTOCK, GA. — SRS Real Estate Partners has brokered the $3 million ground lease sale of a newly built restaurant property located at 9893 Highway 92 in Woodstock, about 30 miles northwest of Atlanta. Raising Cane’s occupies the property on a 15-year, corporate guaranteed lease. Michael Berk, Patrick Nutt and William Wamble of SRS represented the seller, Brentwood, Tenn.-based Warren Commercial Real Estate, in the transaction. The buyer was a private investor based in California.
CORPUS CHRISTI, KILLEEN, NOLANVILLE AND HUNTSVILLE, TEXAS — Berkadia has brokered the sale of a portfolio of four manufactured housing properties totaling 544 sites in Texas. Two of the properties, the 126-site Clear Creek and 98-site Cimarron Park Estates, are located in the Central Texas cities of Killeen and Nolanville, respectively. The 295-site Gateway MHC is located in Corpus Christi, and the 61-site Hidden Valley is located north of Houston in Huntsville. Ian Hilpl, Kevan Enger, Brian Hummell and Hunter LaRocca of Berkadia represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.
AURORA AND DENVER, COLO. — Malman Commercial Real Estate has arranged the off-market sales of two industrial buildings in Aurora and Denver for a total of $21.2 million. Jake Malman of Malman Commercial Real Estate represented the sellers of the buildings, which total 205,966 square feet. The buyers were not represented in the transactions. In one deal, 4999 LTD sold a 50,050-square-foot industrial warehouse at 4999 Oakland St. in Denver to 4999 Oakland Owner LLC, a Delaware limited liability company. In the second transaction, 40th Street Partners LLC sold a 155,916-square-foot distribution building at 18245 E. 40th Ave. in Aurora to 18245 40th Owner LLC.
SAN ANTONIO — JLL has negotiated the sale of Jones & Rio, a 191-unit apartment complex located in the River Walk area of San Antonio. The property offers studio, one- and two-bedroom floor plans and amenities such as a pool, fitness center, resident lounge, rooftop terrace, coffee bar and outdoor grilling and dining stations. Robert Arzola, Ryan McBride and Robert Wooten of JLL represented the seller, Benefit Street Partners, in the transaction. The buyer and sales price were not disclosed.
GILROY, CALIF. — Gilroy Ventures LLC, a real estate investor, has acquired a commercial building on 13.7 acres in Gilroy, approximately 30 miles southeast of San Jose. Gilroy JRV LLC sold the asset for $13.8 million. Located at 7900 Arroyo Circle, a recreational vehicle business currently uses the 125,597-square-foot property as an indoor/outdoor showroom. The flexible property can also accommodate a variety of commercial uses, such as showroom, retail, warehouse and automotive. Miki Correa of Cushman & Wakefield, along with CBRE’s Rick Shaffer, Marie Anderson and John Shaffer, represented the seller in the transaction.
PEABODY, MASS. — Atlanta-based brokerage firm Hunter Hotel Advisors has negotiated the sale of the Hampton Inn and Homewood Suites Boston Peabody, two adjacent properties totaling 205 rooms that are located on the northeastern outskirts of Boston. Spencer Davidson and Sophia Pittaluga of Hunter Hotel Advisors represented the seller, an undisclosed institutional investment firm, in the transaction. The buyers were both affiliates of regional owner-operator Giri Hotel Management. The sales price was not disclosed.
ROMEOVILLE, ILL. — The PMAT Cos. has acquired the Shops of Romeoville, an 82,660-square-foot retail center in the Chicago suburb of Romeoville. The purchase price was undisclosed. Tenants include TJ Maxx, Petco and Discovery Clothing. The lender-owned property had significant remaining instability and was 65 percent occupied with several month-to-month and short-term leases at the time of acquisition, according to PMAT. Within months of closing, PMAT renewed existing anchor tenancy and executed a new long-term lease with Ross Dress for Less. PMAT also worked with the Village of Romeoville to structure incentives to attract the right tenant mix for the remaining gaps. PMAT plans to reinvest in the site in conjunction with the village and to work with the existing retailers to achieve long-term commitments while bringing in new tenants.