Acquisitions

Partnership Acquires 573-Unit Apartment Community in West Houston

by Taylor Williams October 1, 2026

HOUSTON — A partnership between Connecticut-based Spirit Investment Partners and Strategic Value Partners, which also operates out of Connecticut, has purchased Resia Ten Oaks, a 573-unit apartment community in West Houston. Built in 2024, the property offers one-, two- and three-bedroom units that according to Apartments.com range in size from 608 to 1,033 square feet. Amenities include a pool, fitness center, playground and a clubhouse. Jamie Leachman and Carter Wroblewski of JLL arranged acquisition financing for the deal through Oaktree Capital Management. The seller was Miami-based Resia. The new ownership has since rebranded the property.

October 1, 2026

Acquisitions Retail Texas

Rockspring Properties Negotiates Sale of 145,546 SF Grocery Store Portfolio in Houston

by Taylor Williams October 1, 2026

HOUSTON — Brokerage firm Rockspring Properties has negotiated the sale of a portfolio of four grocery stores totaling 145,546 square feet in Houston. Seller Bros. is the owner and occupant of the stores, three of which are located in Houston proper and one of which is located in the eastern suburb of Pasadena. The buyer was Reliable Properties. Cotton Munson, Mike Axelrad and Aimee Namakarn of Rockspring Properties brokered the deal.

October 1, 2026

Acquisitions Development Lee & Associates Multifamily New York Northeast Seniors Housing

Sunrise Senior Living Acquires Development Site on Long Island for $7.5M

by Taylor Williams October 1, 2026

OCEANSIDE, N.Y. — Sunrise Senior Living has acquired a 2.8-acre development site in the Long Island community of Oceanside for $7.5 million, with plans to develop an 84-unit assisted living and memory care facility. Kelly Koukou of Lee & Associates represented Sunrise in the land acquisition. Marlon Matza of Strategic Realty Advisors represented the seller, a partnership between Grossman Nurseries and Breslin Development. A construction timeline was not disclosed.

October 1, 2026

Acquisitions Georgia Hospitality Southeast

Crescent Real Estate Sells Hotel at Avalon in Alpharetta, Georgia for $220M

by John Nelson October 1, 2026

ALPHARETTA, GA. — Crescent Real Estate LLC has sold The Hotel at Avalon, a 330-room hotel within the Avalon mixed-use campus in Alpharetta, a northern suburb of Atlanta. A joint venture featuring Austin-based Endeavor Real Estate Group purchased the hotel for $220 million, according to Atlanta Business Chronicle. Fort Worth, Texas-based Crescent has owned the hotel, which was delivered in 2018, since September 2020. Eastdil Secured represented Crescent in the disposition. HEI Hotels & Resorts was The Hotel at Avalon’s previous operator.

October 1, 2026

Acquisitions Georgia Restaurant Retail Southeast

Marcus & Millichap Brokers Sale of New McDonald’s Restaurant in Ringgold, Georgia

by John Nelson October 1, 2026

RINGGOLD, GA. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a newly built McDonald’s restaurant located in Ringgold, a Georgia suburb of Chattanooga, Tenn. The restaurant was delivered earlier this year and features a 20-year lease with 7.5 percent rent increases in the initial term and extension options. Don McMinn and Andrew Koriwchak of the Taylor McMinn Retail Group brokered the transaction. An all-cash buyer purchased the restaurant from the seller, a repeat developer of McDonald’s, in a 1031 exchange. The sales price was not disclosed. “Lower-priced, well-located properties with strong credit continue to command aggressive pricing despite market challenges,” says McMinn. “We secured an offer within 48 hours and closed near list price — proof that price point matters as much as credit in today’s market.”

October 1, 2026

Acquisitions Colorado Office Western

PAULS Returns to Denver Tech Center, Acquires 335,908 SF Office Tower

by Amy Works October 1, 2026

DENVER — PAULS has purchased Regency Plaza, a 15-story office tower located at 4643 S. Ulster St. in Denver Tech Center, from Granite Properties for an undisclosed price. The acquisition marks a return of ownership for Regency Plaza, which was previously owned by PAULS. Originally built in 1985 and repositioned in 2020, Regency Plaza offers 335,908 square feet of office space that is 83 percent leased, with more than 176,000 square feet of new leases executed since early 2024. The asset features a renovated lobby, an outdoor plaza, a fitness center, training facility and an onsite restaurant/market. Tim Richey and Jack Richey of Newmark represented the seller in the deal. Collegiate Peaks Bank, a division of Glacier Bank, provided acquisition financing with a fixed-rate loan. Colliers will continue to handle leasing for the property.

October 1, 2026

Acquisitions Multifamily Washington Western

CBRE Negotiates $53M Sale of Townhome Community in Lacey, Washington

by Amy Works October 1, 2026

LACEY, WASH. — CBRE has directed the sale of Chambers Reserve, a townhome property in Lacey. The asset traded for $53 million. The names of the seller and buyer were not released. Jordan Louie, Eli Hanacek, Kyle Yamamoto and Natalie Kasper of CBRE represented the seller in the transaction. Located at 3725 Wildspitz St. SE, Chambers Reserve offers 125 three- and four-bedroom townhome floor plans, with an average unit size of 1,736 square feet, spread across 23 residential buildings. Community and unit amenities include two-car garages, private decks, air conditioning, quartz countertops, stainless steel appliances, a 24-hour fitness center, a seasonal swimming pool and a clubhouse.

October 1, 2026

Acquisitions Arizona Multifamily Western

IPA Brokers $47.8M Sale of Astor at Osborn Apartments in Phoenix

by Amy Works October 1, 2026

PHOENIX — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of The Astor at Osborn, a mid-rise multifamily property in Phoenix. The asset traded for $47.8 million, or $250,262 per unit. Steve Gebing and Cliff David of IPA represented the undisclosed seller and undisclosed buyer in the deal. Completed in 2019, The Astor at Osborn features 191 apartments, garage parking, a resort-style swimming pool, fitness center, clubroom and outdoor grilling stations. The property offers a mix of studio, one-, two- and three-bedroom apartments.

October 1, 2026

Acquisitions Illinois Midwest Multifamily Retail

Greenstone Partners Arranges $3.2M Sale of Apartment, Retail Building in Chicago

by Kristin Harlow October 1, 2026

CHICAGO — Greenstone Partners has arranged the $3.2 million sale of a three-story, 4,650-square-foot property located at 1560 N. Damen Ave. in Chicago’s Wicker Park. The ground-floor retail space is occupied by Stan’s Donuts & Coffee, a regional bakery that has operated at the location since its founding in 2013. The upper floors include two large apartment units. Danny Spitz and Brewster Hague represented the seller and procured the private buyer.

October 1, 2026

Acquisitions Industrial Maryland Southeast

Cushman & Wakefield Negotiates $56.6M Sale of Industrial Facility in Upper Marlboro, Maryland

by John Nelson September 30, 2026

UPPER MARLBORO, MD. — Cushman & Wakefield has negotiated the $56.6 million sale of a 202,976-square-foot industrial facility located at 8511 Pepco Place in Upper Marlboro, a suburb of Washington, D.C., in Prince George’s County. Stockbridge acquired the property from TA Realty. Jonathan Carpenter, Graham Savage, Dawes Milchling and James Check of Cushman & Wakefield represented TA Realty in the transaction. The facility features a 190-foot truck court, 26 dock doors, two drive-in doors, 218 parking spaces and approximately 75 trailer positions. The property is fully leased to Harris Co., a mechanical contractor for the data center industry. The tenant also occupies 75,000 square feet at the neighboring 8520 Pepco Place.

September 30, 2026

Newer Posts

Older Posts