Sunday, November 8, 2026
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AcquisitionsGeorgiaIndustrialSoutheast

JLL Arranges Sale of 491,329 SF Industrial Facility in Savannah

by John Nelson

SAVANNAH, GA. — JLL has arranged the sale of 50 Innovation Drive, a 491,329-square-foot industrial facility in Savannah. LBA Logistics purchased the property, which sold vacant, for an undisclosed price. Britton Burdette, Dennis Mitchell, Jim Freeman, Bob Currie and Tim McCarthy of JLL represented the undisclosed seller in the transaction. Situated approximately six miles from the Port of Savannah’s Garden City Terminal, the industrial facility features 32-foot clear heights, 200-foot truck courts, 106 dock-high doors and 149 trailer parking spaces.

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AcquisitionsIndustrialTexas

M2G Ventures Buys 215,000 SF Industrial Property in Garland, Texas

by Taylor Williams

GARLAND, TEXAS — North Texas-based investment firm M2G Ventures has purchased a 215,000-square-foot industrial property in Garland, a northeastern suburb of Dallas. The four-building complex at 10202 Miller Road is known as Northgate and was originally built in 1975. Northgate features 24-foot clear heights and was 98 percent leased to 10 tenants at the time of sale. Stephen Bailey, Dustin Volz, Dom Espinosa, Zach Riebe and Travis McEldowney of Newmark represented M2G Ventures in the transaction. The seller and sales price were not disclosed.

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AcquisitionsFloridaRestaurantRetailSoutheast

Colliers Negotiates Sale of Narcoossee Cove Retail Complex in Orlando Totaling $31M

by John Nelson

ORLANDO, FLA. — Colliers has negotiated the sale of Narcoossee Cove, a newly built complex comprising six single- and multi-tenant retail outparcels in Orlando. Michael Brewster and Tommy Isola of Colliers’ Orlando office represented the seller and developer, WMG Development, in the transactions. Five separate buyers purchased the various components of the 7.7-acre property for a total of $31 million. The transactions include Miller’s Ale House, Fifth Third Bank, Discount Tire, Raising Cane’s and two multi-tenant retail strip centers. Additionally, a roughly one-acre parcel of land located between Miller’s Ale House and Discount Tire was sold. Alexie Fonseca, David Gabbai and Jeff Johnson of Colliers secured tenants for the property prior to the sale, including Crumbl Cookies, The Joint Chiropractic, Wild Fork Foods and Blaze Pizza.

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AcquisitionsDevelopmentRestaurantRetailSouth CarolinaSoutheast

NAI Columbia Brokers $5.3M Sale of Vacant Restaurant Property in North Myrtle Beach, South Carolina

by John Nelson

NORTH MYRLE BEACH, S.C. — NAI Columbia has brokered the $5.3 million sale of a vacant restaurant located at 4530 Highway 17 S in North Myrtle Beach. Preston’s Seafood & Country Buffet previously occupied the property for 35 years. The undisclosed buyer plans to redevelop the restaurant. Jack Springs of NAI Columbia brokered the deal. The seller and plans for the redevelopment were not disclosed.

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GeorgiaLeasing ActivityRetailSoutheast

Halpern Signs Ulta Beauty to Retail Lease at 128,730 SF Shopping Center in Calhoun, Georgia

by John Nelson

CALHOUN, GA. — Halpern Enterprises has signed Ulta Beauty to an 8,514-square-foot lease at Indian Hills, a 128,730-square-foot shopping center located at 429 Highway 53 E in Calhoun, about 65 miles northwest of Atlanta. Shelley Jordan Bell of Atlantic Realty represented Ulta Beauty in the lease transaction. Dan Gagne of Halpern represented the landlord internally. The Atlanta-based landlord also recently executed a 23,000-square-foot lease with Marshalls to anchor the center. Situated within a half-mile of I-75, Indian Hills was 98 percent leased to tenants including Tractor Supply Co., Ross Dress for Less, Five Below, Mattress Firm, Hibbett Sports, GNC, PT Solutions, Cato and The UPS Store. The shopping center also features separately owned parcels occupied by Taco Bell, Chick-fil-A and Captain D’s.

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DevelopmentIndustrialTexas

Alliance Industrial to Develop 185,428 SF Project in Northwest Houston

by Taylor Williams

HOUSTON — Alliance Industrial Co. will develop a 185,428-square-foot project in northwest Houston. Known as Brookhollow West, the development will consist of two rear-load buildings totaling 134,525 and 50,903 square feet. The buildings will be situated on a 12.7-acre site and will feature 32-foot clear heights and 130-foot truck court depths. Seeberger Architecture is designing Brookhollow West. Other project partners include Langan Engineering and a joint leasing team of Lee & Associates and Boyd Commercial. Delivery is slated for early next year.

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AcquisitionsMidwestOfficeOhio

Cooper Group Brokers $15M Sale of Enterprise Place Office Building in Beachwood, Ohio

by Kristin Harlow

BEACHWOOD, OHIO — The Cooper Commercial Investment Group has brokered the $15 million sale of Enterprise Place in Beachwood near Cleveland. The 130,000-square-foot office and medical office building is positioned directly off I-271. Amenities include outdoor terraces, landscaped grounds, heated indoor parking, a café and conference room. Dan Cooper of Cooper Group represented the seller, a local real estate investment group. The private buyer purchased the asset at 98 percent of the list price and a cap rate of 8.45 percent.

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IllinoisLeasing ActivityMidwestOfficeRetail

Inspired by Somerset Development Unveils New Tenants, Expanded Office Lease Totaling 73,500 SF at Bell Works Chicagoland

by Kristin Harlow

HOFFMAN ESTATES, ILL. — Recent additions at Bell Works Chicagoland in Hoffman Estates include global medical device and solutions provider Arjo, indoor golf facility Swing Loose, interactive gaming and entertainment experience Game Night Out, Indonesian specialty retailer LeGenda, video installation gallery Cameos of Street Life, local media company Love Local Media Agency and French-inspired gluten-free bakery Musing Baker. The new and expanded office and retail leases represent an additional 73,500 square feet at the property. In addition to the new tenants, Convergint, an existing tenant specializing in technology solutions, has expanded its footprint by an additional 17,400 square feet of office space and 10,000 square feet of warehouse space. Convergint’s space now totals 92,400 square feet. Inspired by Somerset Development is the developer behind Bell Works Chicagoland, the redevelopment of the former AT&T corporate campus.

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AcquisitionsDevelopmentIndustrialMidwestSelf-StorageWisconsin

Local Developers to Build 63,500 SF Self-Storage Facility in Wauwatosa, Wisconsin

by Kristin Harlow

WAUWATOSA, WIS. — Steve Rolfe of Midland Commercial Development Corp., William Wirth of Luft Consulting Inc. and Jordan Nelson of Nelson Development have purchased a development site at 5151 W. State St. with plans to build Wauwatosa Self Storage. The temperature-controlled self-storage facility will total 63,500 net rentable square feet divided across 444 units in over two dozen configurations. There will be 23 units in the main drive-thru aisle specifically laid out to accommodate automobile storage. The property will be attended by an onsite manager and will incorporate high-resolution cameras throughout. Brett Deter and Scott Revolinski of Founders 3 Real Estate Services represented the buyers. The project is slated for completion late this summer.

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AcquisitionsIllinoisMidwestOffice

AXIS 360 Arranges Sale of 30,421 SF Office Condominium in Normal, Illinois

by Kristin Harlow

NORMAL, ILL. — AXIS 360 Commercial Real Estate Specialists has arranged the sale of a 30,421-square-foot office condominium in Normal near Bloomington for an undisclosed price. The asset is located at 420 Wylie Drive within the Crossroads Center, which was formerly the Bloomington Normal Factory Stores. Chestnut Health Systems acquired the property in 2007, converting the former retail space into a functional office setting. The space features a research library, large training room, kitchen facilities, office and conference rooms and a mezzanine level with private offices. The facility served as an office for Chestnut’s research division, Lighthouse Institute, for nearly two decades. Lighthouse will relocate to its headquarters on Martin Luther King Jr. Drive in Bloomington. Meghan O’Neal-Rogozinski and Michael O’Neal of AXIS 360 marketed the property for sale. The buyer was undisclosed.

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