MYRTLE BEACH, S.C. — Harbor Group International (HGI) has acquired Artisan Carolina Forest, a 276-unit apartment community located in Myrtle Beach, for $64.4 million. Developed in 2022, the property is located directly off SC Highway 31. Amenities at Artisan Carolina Forest include a swimming pool with a TV lounge and cabanas, dog park, electrical vehicle charging stations, a fitness and yoga center and coworking and conference rooms. John Currin and Andrea Howard of Northmarq brokered the transaction. The seller was not disclosed.
ATLANTA — Global Real Estate Advisors (GREA) has arranged the $11.4 million sale of Westside Crossing, a multifamily community located at 2265 Perry Blvd. in Atlanta’s Upper Westside neighborhood. Built in 1962, the community features 112 units in studio, one-, two- and three-bedroom floor plans. Taylor Brown, Chandler Brown and Mack Leath of GREA arranged the transaction on behalf of the seller, Greenleaf Partners. Zavala Capital acquired the property.
CHESTER, VA. — Colliers has brokered the $5.4 million sale of two retail outparcels at Bermuda Square, a shopping center located at 12531-12533 Richmond Highway in the Richmond suburb of Chester. The properties include a multi-tenant space leased to Aspen Dental and Sleep Number and a single-tenant property occupied by Chipotle Mexican Grill. Separate buyers acquired the properties for $4 million and $1.4 million, respectively. Michael Brewster and Brad Peterson of Colliers represented the undisclosed seller in the transactions, with assistance from Jay O’Donnell and Jeff Fritz of Colliers.
HOUSTON — Locally based developer Lovett Industrial and Los Angeles-based PCCP LCC have acquired The Claymoore Portfolio, a collection of 10 buildings totaling roughly 1.4 million square feet in northwest Houston. The buildings comprise two developments, Claymoore Business Park and Northwest Business Park, and range in size from 12,000 to 275,000 square feet. Claymoore Business Park features 1 million square feet of space across eight cross-dock and front-load buildings with 18- to 24-foot clear heights and 960 parking spaces. Northwest Business Park consists of one cross-dock and one front-load building totaling 378,900 square feet that offer 24-foot clear heights and 746 parking spaces. The portfolio was 100 percent leased at the time of sale to a roster of 21 tenants. Trent Agnew of JLL brokered the deal, the seller of which was not disclosed. Michael Johnson and Wally Reid, also with JLL, arranged acquisition financing through Voya Financial.
ROUND ROCK, TEXAS — Harbor Group International has purchased The Warner, a 336-unit apartment community located in the northern Austin suburb of Round Rock. Built in 2022, The Warner offers one-, two- and three-bedroom units and amenities such as a fitness center, pool with outdoor kitchens, lounge, dog park and a parking garage with EV charging stations. The Warner was 98 percent occupied at the time of sale. Patton Jones of Newmark brokered the deal. The seller was not disclosed.
LOS ANGELES — Hudson Pacific Properties has completed the sales of 604 Arizona and 3401 Exposition, two office buildings in Los Angeles, for aggregate gross proceeds of $72.5 million before prorations and closing costs. Combined, the two transactions will result in approximately a $22 million gain to be recognized in the third quarter. The company used the net proceeds to repay amounts outstanding on its unsecured revolving credit facility. The buyer was not disclosed. Hudson Pacific Properties is a provider of end-to-end real estate solutions for tech and media tenants.
TEMECULA, CALIF. — Saed Investments has completed the disposition of an industrial facility located at 43195 Business Park Drive in Temecula. Brennan Investment Group acquired the asset for an undisclosed price. Situated on 11.5 acres, the 160,561-square-foot building features a secure fenced yard, ample outdoor space, 4,000 amps at 480 volts, 15,000 square feet of office space and an additional 15,000 square feet of HVAC production area. Additionally, the facility offers 246 parking spaces, eight docks and three grade-level doors. Kelly Nicholls and Zack Martinez of Lee & Associates represented the seller in the deal.
ALBUQUERQUE, N.M. — Senior Living Investment Brokerage (SLIB) has arranged the sale of two assisted living communities in Albuquerque. The communities were built in 1972 and 1982, with renovations in 2011 and 2015. The properties are 3,176 and 7,880 square feet and are situated on approximately 0.38 and 0.6 acres of land. The seller was a mom-and-pop owner divesting to retire from the industry. The buyer is an owner-operator expanding its presence in the West. This is the buyer’s first acquisition in New Mexico. The price was not disclosed. Vince Viverito and Matthew Alley of SLIB handled the transaction.
OMAHA, NEB. — Marcus & Millichap has arranged the $7 million sale of Plaza Q36, an 81,592-square-foot shopping center in Omaha. The fully occupied property is located at 5101 S. 36th St. Alex Perez of Marcus & Millichap and his team represented the seller, a limited liability company. The undisclosed buyer purchased the center above asking price. Jon Ruzicka, Nebraska broker of record, assisted in closing the transaction.
WILMETTE, ILL. — SVN Chicago Commercial has brokered the sale of a 7,260-square-foot commercial building in the Chicago suburb of Wilmette for $1.5 million. The Wayfarer Foundation, a Bahai-inspired organization, purchased the facility for its future headquarters. The property is located at the corner of 4th Street and Linden Avenue in Wilmette’s Linden Square commercial district, across the street from the CTA Linden Purple Line station. Wayne Caplan of SVN Chicago Commercial represented the undisclosed seller.