Saturday, January 17, 2026
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Acquisitions

AcquisitionsNorth CarolinaOfficeSoutheast

Accesso Acquires 555 Mangum Office Building in Downtown Durham for $72M

by John Nelson

DURHAM, N.C. — Accesso has purchased 555 Mangum, a 251,464-square-foot office building located in downtown Durham. The developer and previous owner, Northwood Ravin, sold the Class A office building to Accesso for $72 million. Ryan Clutter, Mike McDonald, Daniel Flynn and C.J. Liuzzo of JLL brokered the sale. Built in 2020 adjacent to the Durham Bulls Athletic Stadium, 555 Mangum features an onsite parking garage comprising 812 spaces, a newly opened rooftop bar and restaurant called The Lenny, a fitness center with locker rooms, conference center and an outdoor courtyard. Tanium, a global cybersecurity firm, recently renewed and expanded its lease to 48,000 square feet at the building.

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AcquisitionsIndustrialNew JerseyNortheast

Terreno Realty Sells Industrial Property in South Brunswick, New Jersey, for $144.2M

by Taylor Williams

SOUTH BRUNSWICK, N.J. — San Francisco-based investment firm Terreno Realty Corp. has sold a 603,000-square-foot industrial property in South Brunswick, about 45 miles south of Manhattan, for $144.2 million. The property address was not disclosed. Terreno bought the original property consisting of 413,000 square feet in 2010 for $22.5 million. In 2013, Terreno acquired the adjacent land and expanded the building by 190,000 square feet. The buyer was also not disclosed.

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AcquisitionsMultifamilyNew YorkNortheast

Marcus & Millichap Brokers $13.5M Sale of Lower Manhattan Apartment Building

by Taylor Williams

NEW YORK CITY — Marcus & Millichap has brokered the $13.5 million sale of a 28-unit apartment building on Manhattan’s Lower East Side. The six-story, recently renovated building at 135 Eldridge St. was originally constructed in 1900 and includes two commercial spaces that are leased to Akiko Nails and Ha’s Dac Biet. Joe Koicim and Logan Markley of Marcus & Millichap represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

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AcquisitionsCaliforniaOfficeWestern

Cushman & Wakefield Brokers $16.2M Sale of 1840 Gateway Office Building in San Mateo, California

by Amy Works

SAN MATEO, CALIF. — Cushman & Wakefield has arranged the sale of 1840 Gateway, a Class A office property in San Mateo. Monday Properties sold the asset to SC Properties for $16.2 million. Gary Boitano, Ryan Venezia, Steve Herman, Jack Depuy, Seth Siegel, Scott Prosser and Courtney Trunnell of Cushman & Wakefield represented the seller and the buyer in partnership with Clarke Funkhouser of JLL. The four-story property offers 70,098 square feet of office space, as well as a recently renovated gym facility with showers. Approximately 75 percent of the building’s square footage is finished as high-end creative space, including renovated restrooms and polished concrete floors. The property also offers a multi-story glass-enclosed lobby and flexible zoning that allows for potential redevelopment to residential use.

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Dill-Dinkers-Frenso-CA
AcquisitionsCaliforniaRetailWestern

Dill Dinkers Signs 10-Unit Pickleball Franchise Agreement in Fresno, California

by Amy Works

FRENSO, CALIF. — Columbia, Md.-based pickleball concept Dill Dinkers has signed a franchise agreement to open 10 new venues in the Central Valley region of California. Entrepreneurs Bill Revilla and Georgia Revilla will own and operate the locations, which will offer several indoor pickleball courts separated by fences, as well as event space, a ball machine and a reservation system for guests. Founded in 2022, Dill Dinkers currently has nine operating locations in the United States and more than 380 locations under development across Texas, Washington, D.C., North Carolina, Connecticut, South Carolina, Arizona, Maryland, Delaware, Virginia, Georgia, Florida, New York, New Jersey, Pennsylvania and California.

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AcquisitionsCaliforniaRestaurantRetailWestern

Hanley Investment Group Arranges $7.2M Sale of Shake Shack-Occupied Retail Property in Oxnard, California

by Amy Works

OXNARD, CALIF. — Hanley Investment Group Real Estate Advisors has brokered the sale of a single-tenant restaurant property at 711 Town Center Drive in Oxnard. A Texas-based developer sold the asset to a Northern California-based private 1031 exchange investor for $7.2 million. Sean Cox, Jeff Lefko and Bill Asher of Hanley Investment Group represented the seller, while Judson Kauffman of New York-based Surmount represented the buyer in the deal. Shake Shack occupies the 3,286-square-foot property, which was built in 2025, under a new 15-year corporate-guaranteed absolute triple-net ground lease. The building features Shake Shack’s latest prototype with a double-lane drive-thru. Shake Shack operates more than 570 locations across 34 states and over 200 international markets as of third-quarter 2025. The company opened 43 company-operated stores in fiscal-year 2024, marking its highest annual expansion to date.

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AcquisitionsIndustrialMidwestWisconsin

CBRE Negotiates $10M Sale of Industrial Property in Waukesha, Wisconsin

by Kristin Harlow

WAUKESHA, WIS. — CBRE has arranged the sale of Ridgeview Industrial Center IV in Waukesha for $10 million. Bentley Smith, Joe Horrigan, Ryan Bain, Zach Graham, Judd Welliver and Mike Caprile of CBRE represented the seller, Mohr Capital. Billy Mork, Mike Vannelli and Joel Torborg of CBRE arranged a five-year, fixed-rate acquisition loan on behalf of the buyer, Capital Partners. Located near the I-94 and Redford Boulevard intersection and minutes from Waukesha County Airport, the 89,405-square-foot facility was built in 2001 and renovated in 2021 and 2023. The building features a clear height of 22 feet, one drive-in door, 14 dock doors and a 316-stall parking lot. The asset was fully occupied at the time of sale with a 7.9-year weighted average lease term.

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AcquisitionsIllinoisIndustrialMidwest

Zenith IOS Acquires Two Industrial Facilities in Metro Chicago

by Kristin Harlow

WEST CHICAGO AND BRIDGEVIEW, ILL. — Zenith Industrial Outdoor Storage (IOS) has acquired two facilities in metro Chicago: 1400 Powis Road in West Chicago and 9809 Industrial Drive in Bridgeview. Ikey Betesh of Meridian Capital Group as well as Frank Melchert, Matt Garland, Stevan Arandjelovic and Simon Porras of Cawley Commercial Real Estate sourced the two acquisitions for Zenith. The Cawley team has been retained as the leasing agent for the West Chicago property, which features a 67,500-square-foot warehouse with 5 acres of outdoor storage space.

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AcquisitionsHealthcareOfficeTexas

Younger Partners Arranges Sale of 82,144 SF Office, Healthcare Complex in North Dallas

by Taylor Williams

DALLAS — Locally based brokerage firm Younger Partners has arranged the sale of Bent Tree Plaza, an 82,144-square-foot office and healthcare complex in North Dallas. Located along the Dallas North Tollway, the property comprises two parcels and and was 72 percent leased at the time of sale. Tom Strohbehn and Scot Farber of Younger Partners represented the undisclosed seller in the transaction. Younger Partners has also been retained as the leasing agent by the new owner, which similarly requested anonymity.

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AcquisitionsRetailTexas

Edge Capital Markets Brokers Sale of 63,976 SF Shopping Center in San Antonio

by Taylor Williams

SAN ANTONIO — Edge Capital Markets has brokered the sale of Wender Plaza, a 63,976-square-foot shopping center in San Antonio. Anchored by Sprouts Farmers Market, Wender Plaza is a newly constructed, fully leased center located at the intersection of Texas State Highway 151 and Hunt Lane on the city’s west side. Chace Henke and Micha van Marcke of Edge Capital Markets represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

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