Wednesday, November 11, 2026
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Acquisitions

Time-Square-Center-Long-Beach-CA
AcquisitionsCaliforniaRetailWestern

Faris Lee Investments Negotiates $5.4M Sale of Retail Strip Center in Long Beach, California

by Amy Works

LONG BEACH, CALIF. — Faris Lee Investments has negotiated the $5.4 million sale of Time Square Center, an 11,790-square-foot retail strip center in Long Beach. Located at the intersection of Clark Avenue and Spring Street, the property was fully leased at the time of sale, primarily to restaurant tenants on triple-net leases. Nick Miller of Faris Lee represented the buyer, an Orange County, Calif.-based investor, in the transaction. The seller was not disclosed. The Faris Lee team also secured acquisition financing through a local credit union.

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1280-Albion-St.-Denver-CO
AcquisitionsColoradoMultifamilyWestern

NorthPeak Commercial Brokers Sale of 24-Unit Multifamily Property in Denver

by Amy Works

DENVER — NorthPeak Commercial Advisors has brokered the sale of The Glenwood, a 24-unit multifamily property located at 1280 Albion St. in Denver. The sales price was $6.1 million, or $254,166 per unit. Greg Johnson and Connor Piretti of NorthPeak Commercial Advisors represented the seller in the transaction, and Compass Realty represented the buyer. Both parties requested anonymity.

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Autumn-Woods-Apts-Salem-OR
AcquisitionsMultifamilyOregonWestern

Brinkman Real Estate Buys Autumn Woods Apartments in Salem, Oregon

by Amy Works

SALEM, ORE. — Colorado-based investment firm Brinkman Real Estate has purchased Autumn Woods Apartments & Townhomes in Salem. The newly constructed, 10-building property offers two- and three-bedroom apartments and townhomes. Units feature private yards, patios and attached garages, as well as individual washers and dryers. Jason Bond and Grant Bailey of Berkadia provided an undisclosed amount of Fannie Mae acquisition financing for the deal. The seller and sales price were also not disclosed.

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AcquisitionsIllinoisMidwestRetail

Marcus & Millichap Brokers $4.2M Sale of Walgreens-Occupied Property in Machesney Park, Illinois

by Kristin Harlow

MACHESNEY PARK, ILL. — Marcus & Millichap has brokered the $4.2 million sale of a 14,490-square-foot retail property net leased to Walgreens in Machesney Park, just north of Rockford. Constructed in 2008, the building is located at 1680 W. Lane Road. Joe Sparano, Dan Yozwiak and Darpan Patel of Marcus & Millichap represented the seller, a limited liability company. Steven Weinstock of Marcus & Millichap assisted in closing the transaction. The asset sold to a local buyer completing a 1031 exchange.

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AcquisitionsHospitalityNew YorkNortheast

Muroff Hospitality Group Negotiates Sale of 12-Room Lamplight Inn in Lake Luzerne, New York

by Taylor Williams

LAKE LUZERNE, N.Y. — Locally based brokerage firm Muroff Hospitality Group has negotiated the sale of the Lamplight Inn Bed & Breakfast in Lake Luzerne, about 60 miles north of Albany. The property was built in 1890 and consists of 12 suites, a dining room and an owner’s apartment. Mitch Muroff of Muroff Hospitality Group represented the seller and procured the buyer, both of which were private investors, in the transaction. The sales price was approximately $1.2 million.

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AcquisitionsGeorgiaIndustrialSoutheast

JLL Arranges Sale of 220,380 SF Industrial Property in Stone Mountain, Georgia

by John Nelson

STONE MOUNTAIN, GA. — JLL has arranged the sale of a three-building, 220,380-square-foot industrial property located at 4600-4680 Lewis Road in Stone Mountain, about 21 miles east of Atlanta. Dennis Mitchell, Britton Burdette, Matt Wirth and Jim Freeman of JLL represented the seller, Brennan Investment Group, and procured the buyer, Faropoint. The sales price was not disclosed. The property is located on 9.8 acres about a half-mile south of U.S. Highway 78 and 3.5 miles from I-285. New WinCup Holdings Inc., a manufacturer of foodservice products with more than 60 years in business, is the sole tenant.

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AcquisitionsRetailSoutheastVirginia

Legacy Realty Brokers $3.9M Sale of Retail Center in Waynesboro, Virginia

by John Nelson

WAYNESBORO, VA. — Legacy Realty Group Advisors has brokered the $3.9 million sale of Hopeman Shopping Center, a 46,872-square-foot retail center located in Waynesboro, about 96 miles west of Richmond. Food Lion anchors the property, which was 92 percent leased at the time of sale. Jacob Baruch and Ari Warshaw of Legacy Realty represented both the buyer and seller in the transaction. Both parties requested anonymity.

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AcquisitionsMultifamilyTexas

The Multifamily Group Negotiates Sale of 122-Unit Property in Athens, Texas

by Taylor Williams

ATHENS, TEXAS — Dallas-based brokerage firm The Multifamily Group has negotiated the sale of Athens Reserve Apartments, a 122-unit property located about 75 miles southeast of Dallas. The 11-acre site, which can support future expansion and includes 17,500 square feet of commercial space, initially housed a Quality Inn hotel that was constructed in 1981. The seller, Dallas-based Profectus Multifamily Capital, purchased the site in 2021 and implemented various capital improvements as part of the conversion.

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The-Flats-at-9338-San-Antonio
AcquisitionsMultifamilyNorthmarqTexas

Northmarq Brokers Sale of 88-Unit Apartment Complex in Northeast San Antonio

by Taylor Williams

SAN ANTONIO — Northmarq has brokered the sale of The Flats at 9338, an 88-unit multifamily complex in northeast San Antonio. Built on 3.2 acres in 1974, the property features one- and two-bedroom units with an average unit size of 850 square feet and amenities such as a pool, clubhouse and onsite laundry facilities. Zar Haro, Moses Siller, Bryan VanCura, Phil Grafe, Brian Booth, Rudy Dodier and Kevin Garza of Northmarq represented the seller, Astoria Partners LLC, in the transaction. The buyer was California-based Olson Capital.

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Belmont-St-Portland-OR
AcquisitionsIndustrialOregonSelf-StorageWashingtonWestern

Spartan Investment Group Acquires Three Self-Storage Facilities in Pacific Northwest for $44M

by Amy Works

PORTLAND, ORE., AND VANCOUVER, WASH. — Colorado-based Spartan Investment Group has acquired three self-storage facilities in Oregon and Washington for $44 million. The seller was not disclosed. The 224,299-square-foot portfolio, which is managed by Extra Space Storage, includes: All properties were built within the last seven years and offer ground-level drive-up units, interior heated units with first floor and elevator access, interior non-climate-controlled units and parking spaces.

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