Acquisitions

Mill-180-Easthampton-Massachusetts

EASTHAMPTON, MASS. — Regional brokerage firm Northeast Private Client Group (NEPCG) has arranged the $9.7 million sale of Mill 180, a 96,200-square-foot mixed-use building in the Central Massachusetts city of Easthampton. The building is a conversion of a historic mill structure, the initial redevelopment of which took place in 2005. Mill 180 now consists of 25 apartments and 60,000 square feet of retail space. Tim McGeary and Taylor Perun of NEPCG represented the seller, local developer Michael Michon, in the transaction and procured the buyers, private investor Jay Patel and associates.

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890-E-Mill-St-San-Bernardino-CA

SAN BERNARDINO, CALIF. — Overton Moore Properties has acquired a warehouse located at 890 E. Mill St. in San Bernardino from a Brookfield-based fund for an undisclosed price. Jeffrey Cole, Jeff Chiate, Rick Ellison, Matthew Leupold, Aubrie Monahan and Kristen Schottmiller of Cushman & Wakefield’s Industrial Advisory Group represented the seller in the deal. Rob Rubano and Brian Share of Cushman & Wakefield arranged acquisition financing for the buyer. Situated in the Inland Empire East submarket, the 525,756-square-foot warehouse is fully leased to a high-quality tenant with 4.5 years of remaining lease term. The building features a cross-dock design, 192 dock-high loading doors, fully air-conditioned warehouse space and 771 trailer parking stalls on 29 acres of excess land.

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SLIB-Fort-Collins-Windsor-CO

FORT COLLINS AND WINDSOR, COLO. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a skilled nursing and assisted living portfolio in Colorado. Located in Fort Collins and Windsor, the portfolio totals 445 beds and 269,105 square feet across the buildings. A Chicago-based REIT acquired the portfolio from the local seller. A Utah-based operator will manage the properties on behalf of the new ownership. Vince Viverito, Jason Punzel, Ryan Saul and Jeff Binder of SLIB brokered the transaction on behalf of the seller. 

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SURPRISE, ARIZ. — Christopher Todd Capital has acquired Yardly Paradisi, a 193-unit build-to-rent (BTR) property in Surprise, from Taylor Morrison. Northmarq arranged the sale as well as $32.8 million in acquisition financing. Scottsdale, Ariz.-based Taylor Morrison is a for-sale homebuilder that also develops and acquires newly constructed for-rent housing communities under its Yardly brand. The buyer is a BTR operator known for its Christopher Todd Communities brand. Northmarq’s Phoenix-based team, led by Trevor Koskovich, Jesse Hudson and Logan Baca, represented the seller in the transaction, while Brandon Harrington, Bryan Mummaw, Bryan Liu, Christopher Gitibin and Tyler Woodard arranged the acquisition financing on behalf of the buyer. Yardly Paradisi will be rebranded under the Christopher Todd Communities umbrella as Christopher Todd Communities Paradisi.

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18012-Cowan-Irvine-CA

IRVINE, CALIF. — NAI Capital has directed the purchase of a creative office building located at 18012 Cowan in Irvine. A private investor acquired the asset from an undisclosed seller for $9.2 million, or $345 per square foot. John Manion of NAI Capital represented the buyer, while Brian Garbutt and Alejandro Sherratt of Lee & Associates represented the seller in the transaction. The freestanding, two-story building offers 26,481 square feet of creative office space. The property was originally built in 1985 and underwent extensive renovations in 2020. The asset features high-image creative office space with exposed ceilings, an open-concept kitchen and an elevator serving the subterranean parking garage to the first and second floors. Additionally, the building features second-floor outdoor patios and prominent building-top signage.

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INDIANAPOLIS — Stos Partners, Cardinal Industrial and Long Wharf Capital have sold the Hoosier Infill Industrial Portfolio to Berkeley Partners. The portfolio comprises 13 industrial parks totaling 1.3 million square feet across 38 buildings in metro Indianapolis. At the time of sale, the assets were approximately 97 percent leased to more than 250 tenants. The firms assembled the portfolio through two off-market transactions. Both were purchased from the assets’ original developer. During the 3.5-year hold period, the partnership executed a value-add strategy that included nearly $6 million in capital improvements, operational modernization and the conversion of leases to triple-net structures. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, Tyler Ziebel, Tyler Wilson, Jason Speckman and Sydney Gabriel of Colliers represented the sellers.

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ORLAND PARK, ILL. — Mid-America Real Estate Corp. has arranged the sale of Orland Park Place, a 580,477-square-foot shopping center in the southern Chicago suburb of Orland Park. The asset was 93 percent leased at the time of sale. Tenants include Nordstrom Rack, Marshalls, Ross Dress for Less, Dick’s Sporting Goods, Steinhafel’s Furniture, Ashley Home Store, Hobby Lobby, DSW, Barnes & Noble and Planet Fitness. The sale included the primary 568,577-square-foot inline center as well as one 11,900-square-foot freestanding restaurant outparcel. The seller, PMAT Real Estate Investments, retains ownership of the five outlot buildings fronting LaGrange Road that total more than 65,000 square feet. Ben Wineman, Joe Girardi, Rick Drogosz and Patrick Corrigan of Mid-America represented the seller. A private partnership led by Ashkenazy Acquisition Corp. was the buyer. The sales price was $60 million, according to Crain’s Chicago Business.

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CHICAGO AND PARK RIDGE, ILL. — Interra Realty has brokered the sales of two value-add multifamily properties in the northwest Chicago area for a combined $4.7 million. A two-building, 16-unit property at 1860-1900 N. Parkside Drive in Park Ridge that was built in 1966 sold for $2.8 million, and a 12-unit building at 8544-48 W. Gregory St. in Chicago’s O’Hare submarket that was constructed in 1972 sold for $1.9 million. Patrick Kennelly, Paul Waterloo and Nathan Zito of Interra represented both the confidential buyer and seller of the Park Ridge property. The trio also represented the undisclosed partnership seller of the Chicago asset, with Oleg Komarnytskyy of KOMAR Real Estate representing the private buyer. Both properties were fully occupied at the time of sale. The transaction of 8544-48 W. Gregory marks the first time the asset has traded hands since 1988, and the new ownership plans to renovate apartments as tenants turn over.

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4115 S. Zero St

FORT SMITH, ARK. — DWG Capital Partners has acquired a 256,314-square-foot manufacturing and distribution facility located at 4115 S. Zero St. in Fort Smith, a city on the Arkansas-Oklahoma border. Stryten Energy, a U.S.-based energy storage solutions provider, has occupied the industrial property since its construction in 1975. Atlas Holdings, which recently announced plans in April 2025 to expand its domestic manufacturing footprint, owns and operates Stryten Energy. Mike Salmen and Andrew Watson of Transwestern represented the seller, a private ownership group, in the off-market transaction. The sales price was not disclosed.

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CHESTER, PA. — A partnership between regional development firm DH Property Holdings and New York City-based DRA Advisors has acquired a 63,080-square-foot industrial complex in Chester, located just southwest of Philadelphia. Th sales price was $6.5 million. The facility at 950 Township Line Road includes a 40,080-square-foot warehouse and a 15,000-square-foot service facility and was fully leased to three tenants at the time of sale. Steve Italiano of Italiano Commercial Real Estate Services represented the undisclosed seller in the transaction.

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