Wednesday, March 25, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Acquisitions

Power-Commerce-Park-Gilbert-AZ
AcquisitionsArizonaIndustrialWestern

Top Ten Properties Acquires 146,052 SF Industrial Complex in Gilbert, Arizona for $55M

by Amy Works

GILBERT, ARIZ. — Richard Scheinfeld of Top Ten Properties has acquired Power Commerce Park, a small-bay industrial campus in Gilbert, part of Phoenix’s Southwest Valley submarket. Dave Cavan of Cavan Commercial sold the asset for $55 million, or $376.57 per square foot. Built in 2023, Power Commerce Park features 146,052 square feet of Class A industrial space adjacent to the Elliot Road Tech Corridor and Phoenix-Mesa Gateway Airport. The Leroy Breinholt team at Commercial Properties Inc./CORFAC International represented the seller in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
555-Northfield-Ave.-West-Orange-New-Jersey
AcquisitionsMultifamilyNew JerseyNortheast

Invel Capital Buys Apartment Complex in West Orange, New Jersey for $40.8M

by Taylor Williams

WEST ORANGE, N.J. — Local investment firm Invel Capital has purchased a 70-unit apartment complex in West Orange for $40.8 million. Completed in 2023, the property at 555 Northfield Ave. offers one-, two- and three-bedroom units with an average size of 1,305 square feet. Amenities include a fitness center, rooftop terraces, resident lounges and a dog run. Oliver, Steve Simonelli, Jose Cruz, Ryan Robertson, Elizabeth DeVesty and Austin Pierce of JLL brokered the deal. Invel partnered with Chicago-based Pearlmark on the acquisition. The seller was a joint venture between Varma Real Estate and Garas Development.

Continue Reading
FacebookTwitterLinkedinEmail
Westlake-Gardens-Thousand-Oaks-CA
AcquisitionsCaliforniaOfficeWestern

Atlantic Pearl Investments Buys Two-Building Office Campus in Thousand Oaks, California for $19.2M

by Amy Works

THOUSAND OAKS, CALIF. — Atlantic Pearl Investments, a Ghassemieh family investment vehicle, has purchased Westlake Gardens, a two-building office campus in Thousand Oaks. A private seller sold the property for $19.2 million, or $193 per square foot. Located at 2535 and 2555 Townsgate Road, the asset offers 99,545 square feet of Class A office space. Sean Fulp, Mark Schuessler, Blake Hammerstein and Jordan Garcia of Colliers represented the seller. Jason Roth, also of Colliers, arranged acquisition financing for the buyer.

Continue Reading
FacebookTwitterLinkedinEmail
18530-Van-Buren-Blvd-Riverside-CA
AcquisitionsCaliforniaRetailWestern

Progressive Real Estate Negotiates $4.6M Sale of Retail Building in Riverside, California

by Amy Works

RIVERSIDE, CALIF. — Progressive Real Estate Partners has negotiated the $4.6 million sale of an 8,960-square-foot, multi-tenant retail building located at 18530 Van Buren Blvd. in Riverside. Built in 1996, the property is 90 percent leased to seven food- and service-oriented tenants, including Subway, H&R Block, a barbershop and a pool supply store. The retail building is part of Orangecrest Plaza, a grocery-anchored shopping center. Orangecrest Plaza features several national tenants such as Albertsons and Petco. Greg Bedell and Trinnie Lee of Progressive represented the seller, a private Orange County-based investor, in the transaction. Vicky Casey and Josh Labogin of Casey & Associates represented the buyer, a Central California-based private investor.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestMissouriMultifamilyStudent Housing

Subtext Acquires 259-Bed District Flats Student Housing Property in Columbia, Missouri

by Kristin Harlow

COLUMBIA, MO. — Developer Subtext has acquired District Flats, a six-story student housing property serving students at the University of Missouri in Columbia. The asset marks the first deal under Subtext’s acquisitions arm. The 259-bed, 119-unit building offers floor plans of one-, two- and four-bedroom layouts. The property is undergoing a brand repositioning and capital improvement program, including redesigned amenity spaces, an upgraded fitness center and new study areas. Stephen VanLeer and Mike Brady of JLL arranged acquisition financing through Webster Bank.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestMultifamily

Essex Realty Group Brokers $4.3M Sale of Cotton Creek Apartments in Metro Chicago

by Kristin Harlow

ISLAND LAKE, ILL. — Essex Realty Group LLC has brokered the sale of Cotton Creek Apartments, a 32-unit property in the northern Chicago suburb of Island Lake. Brian Karmowski and Anthony Citriglia of Essex represented the seller, while colleague Jimmy Donahue represented the buyer. Cotton Creek Apartments features nine one-bedroom units and 23 two-bedroom residences. The property has received recent capital improvements, including full tear-off roof replacements, new boiler and heating tanks and a partial parking lot replacement.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsHospitalityIndianaMidwest

Marcus & Millichap Arranges Sale of 137-Room Homewood Suites Hotel in Carmel, Indiana

by Kristin Harlow

CARMEL, IND. — Marcus & Millichap has arranged the sale of a 137-room Homewood Suites hotel in the Indianapolis suburb of Carmel. Michael Klar and Ebrahim Valliani of Marcus & Millichap represented the seller and procured the buyer, Schahet Hotels LLC. The transaction received additional support from Chris Gomes and Allan Miller of the Miller-Gomes Hotel Team. Homewood Suites by Hilton Indianapolis Carmel is an extended-stay property located at 11355 N. Meridian St. just off Highway 31. The hotel features indoor and outdoor pools, a business center, fitness facilities and meeting space.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyNew JerseyNortheast

Sage Investment Negotiates Sale of 32-Unit Apartment Building in Dumont, New Jersey

by Taylor Williams

DUMONT, N.J. — Sage Investment Real Estate Advisors has negotiated the sale of Madison Apartments, a 32-unit multifamily complex in Dumont, about 20 miles northwest of Manhattan. The four-building complex offers one- and two-bedroom units and was fully occupied at the time of sale. Steve Tragash and Greg Pine of Sage represented the seller and procured the buyer, both of which were limited liability companies, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
The-Heights-at-College-Station
AcquisitionsMultifamilyStudent HousingTexas

LV Collective, Kayne Anderson Buy 797-Bed Student Housing Community Near Texas A&M University

by Taylor Williams

COLLEGE STATION, TEXAS — A joint venture between LV Collective and Kayne Anderson Real Estate has purchased Heights at College Station, a 797-bed student housing community located near the Texas A&M University campus in College Station. The property offers 233 units in two-, three-, four- and five-bedroom configurations. Shared amenities include a resort-style pool, cyber lounge, coffee bar, hammock garden, beach volleyball court, study spaces, a fire pit and grilling pavilions and a 24-hour game room and study lounge. TSB Realty brokered the transaction, and TSB Capital Advisors arranged financing for the acquisition. The seller and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

ML Realty Partners Acquires 105,975 SF Industrial Building in Coppell, Texas

by Taylor Williams

COPPELL, TEXAS — Chicago-based investment firm ML Realty Partners has acquired a 105,975-square-foot industrial building in Coppell, located in the northern-central part of the metroplex. The building at 850 Freeport Parkway was fully leased at the time of sale to four tenants: Cintas Corp., Jet Line, Matrix Network and Wieland Metal Services. The seller and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts