Acquisitions

Marcus & Millichap Brokers $7M Sale of Shopping Center in Kennett, Missouri

by Kristin Harlow April 1, 2026

KENNETT, MO. — Marcus & Millichap has brokered the $7 million sale of Bootheel Plaza, a 23-suite retail strip center in Kennett, located in the southeast corner of Missouri and four miles east of Arkansas. Built in 1973, the property totals 126,193 square feet and sits directly in front of a Walmart Supercenter. Anchor tenants include Tractor Supply, Bealls and Dollar Tree. Austin Sweet, Chris Garavaglia and Alex Perez of Marcus & Millichap represented the seller and procured the buyer, both of which were private investors.

April 1, 2026

Acquisitions Industrial North Carolina Southeast

Rockpoint Acquires Six-Building Industrial Portfolio in North Carolina

by John Nelson April 1, 2026

GARNER AND CHARLOTTE, N.C. — Boston-based Rockpoint has purchased a six-building industrial portfolio across two properties in North Carolina. The nearly 280,000-square-foot acquisition includes Garner Commerce Center in the south Raleigh suburb of Garner and I-77 Commerce Center in Charlotte. Both three-building parks were recently delivered. The seller and sales price were not disclosed. Rockpoint will manage and operate Garner Commerce Center and I-77 Commerce Center in partnership with affiliate firms Rockhill Management and Rockpoint Industrial.

April 1, 2026

Acquisitions Development Hospitality Loans Louisiana Multifamily Southeast

Red Oak Capital Provides $8.4M Loan for Hotel-to-Multifamily Conversion Project in Covington, Louisiana

by John Nelson April 1, 2026

COVINGTON, LA. — Red Oak Capital Holdings LLC has provided an $8.4 million loan for a hotel-to-multifamily conversion project in Covington. The borrower, an investment group represented by Nebo Capital, is using the financing to purchase the former WeStay Suites hotel at 140 Holiday Blvd. and reposition it into an 87-room apartment community. The 12-month bridge loan will fund the $6.9 million acquisition and $1.8 million in planned improvements for the conversion. The five-story, 89,831-square-foot hotel was built on 2.9 acres in 2009 and features an outdoor pool, fitness center and community rooms. The borrower has completed a similar hotel-to-multifamily adaptive reuse project in the Covington area, according to Red Oak Capital. The borrower plans to refinance the bridge loan upon completion of the renovation with permanent or agency debt.

April 1, 2026

Acquisitions Georgia Retail Southeast

Cushman & Wakefield Brokers $7.4M Sale of Retail Center in Roswell, Georgia

by John Nelson April 1, 2026

ROSWELL, GA. — Cushman & Wakefield has brokered the $7.4 million sale of The Alstead Shops, an 11,200-square-foot retail center located at 2000 Holcomb Bridge Road in Roswell. The metro Atlanta property was delivered in 2024 and was fully leased at the time of sale to tenants including Wellstar Urgent Care, CityVet, Layne’s Chicken Fingers, The Great Greek Mediterranean Grill and The Human Bean. Margaret Jones and Lane Breedlove of Cushman & Wakefield represented the sellers, Mirabeland Investments and Concordia Properties in the transaction. The buyer was Manchester Capital Management.

April 1, 2026

Acquisitions Office Texas

FCCU Buys 470,623 SF Office Building in Northwest Houston for New Headquarters

by Taylor Williams March 31, 2026

HOUSTON — First Community Credit Union (FCCU) has purchased Noble Energy Center Two, a 470,623-square-foot office building in northwest Houston, for its new headquarters. Built on 4.7 acres in 2020, the building will “provide the space and infrastructure needed to enhance collaboration, develop talent and deliver an elevated experience for FCCU’s more than 180,000 members,” according to FCCU. Jeff Hollinden, Kevin McConn and Max Myers of JLL represented the undisclosed seller in the transaction. Larry Cedillo of Cross Capital Realty represented FCCU.

March 31, 2026

Acquisitions Office Texas

JLL Brokers Sale of 171,510 SF Office Building in Houston’s Galleria District

by Taylor Williams March 31, 2026

HOUSTON — JLL has brokered the sale of 1800 Bering, a 171,510-square-foot office building in Houston’s Galleria district. The 10-story building was roughly 83 percent leased at the time of sale and offers amenities such as a micro market, tenant lounge, conference center and an outdoor patio. Kevin McConn and Marty Hogan of JLL represented the seller, California-based investment firm KBS, in the transaction. Michael Johnson and Michael King, also with JLL, arranged acquisition financing on behalf of the buyer, local private equity firm DML Capital. The new ownership has tapped Transwestern as the leasing agent.

March 31, 2026

Acquisitions Louisiana Office Southeast

Skysoar Capital Buys 32-Story One Canal Place Office Tower in New Orleans

by John Nelson March 31, 2026

NEW ORLEANS — Skysoar Capital Partners has purchased One Canal Place, a 32-story office tower located at 365 Canal St. in New Orleans. The sales price was not disclosed. Johnny Lamberson and Terry Radford of CBRE’s Memphis represented the seller, OCP Office Owner LLC, a partnership formed by Loeb Partners Realty LLC and Aetna. The seller has owned One Canal Place since 2002, according to Corporate Realty, which served as the Louisiana broker of record in the transaction. Corporate Realty will continue to provide property management and leasing services at the tower on behalf of One Canal Place Leasing LLC, a limited liability corporation created by Skysoar Capital. Completed in 1979 near the Mississippi River, One Canal Place encompasses 630,581 rentable square feet of office space and is part of a mixed-use complex that includes The Shops at Canal Place, The Westin New Orleans Hotel and a 1,650-space parking garage. Office tenants include law firm Baker Donelson, which recently signed a nearly 40,000-square-foot lease to occupy the top two floors, as well as Phelps Dunbar LLP; The New Orleans Passport Center; Schouest, Bamdas, Soshea & BenMaier PLLC; Foley & Judell LLP; Salley, Hite, Mercer & Resor LLC; and La Petite …

March 31, 2026

Acquisitions Georgia Multifamily Southeast

TruAmerica Purchases 20-Story Apartment High-Rise in Atlanta’s Buckhead District

by John Nelson March 31, 2026

ATLANTA — Los Angeles-based TruAmerica Multifamily has purchased The Tower on Piedmont, a 20-story high-rise apartment tower in Atlanta’s Buckhead district. The seller and sales price were not disclosed, but TruAmerica says that the previous owner invested $3 million in capital improvements at the 155-unit tower prior to the sale. Colleen Hendrix, Shea Campbell and Ashish Cholia of CBRE represented the seller in the transaction. Ryan Greer and Troy Tegeler of CBRE arranged an undisclosed amount of acquisition financing for TruAmerica. Completed in 2009, The Tower on Piedmont features high-end finishes and amenities, including a penthouse-level sky lounge with a catering kitchen, rooftop pool and sundeck, outdoor social lounge, fitness center and 24-hour concierge services. The acquisition grows TruAmerica’s metro Atlanta holdings to approximately 3,000 units (owned and managed). The buyer plans to further invest in upgrading the property’s amenities and common spaces.

March 31, 2026

Acquisitions Kentucky Southeast Student Housing

Vesper Acquires 385-Bed Student Housing Community Near University of Louisville

by John Nelson March 31, 2026

LOUISVILLE, KY. — Vesper Holdings has acquired Yugo Louisville Nine, a 385-bed student housing community located near the University of Louisville campus. The property — now dubbed ‘The Nine’ — was developed in 2016 and offers units in two-, three, four- and five-bedroom configurations with bed-to-bath parity. Shared amenities at the six-story community include a 24-hour fitness center, study center, yoga and spin room, coffee bar, game room, resort-style pool, sun deck, fire pit, dog park and group study lounges. CBRE represented the undisclosed seller in the transaction. The sales price was also not disclosed. Aaron Moll of Berkadia arranged an undisclosed amount of acquisition financing on behalf of Vesper.

March 31, 2026

Acquisitions California Industrial Western

H.G. Fenton Buys 210,871 SF Kearny Mesa West Industrial Park in San Diego

by Amy Works March 31, 2026

SAN DIEGO — H.G. Fenton has purchased Kearny Mesa West, a multi-tenant industrial business park in San Diego, from CIM Group for an undisclosed price. Hunter Rowe, Joe Cesta, Eric Cox and Matt Carlson of CBRE represented the seller in the deal. Spanning 14 acres, the 210,871-square-foot Kearny Mesa West consists of 16 standalone industrial buildings located along Opportunity, Engineer and Ronson roads in the Kearny Mesa submarket. At the time of sale, the business park was approaching 90 percent occupancy with nearly 60 tenants at the time of sale.

March 31, 2026

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