Property Type

JLL Brokers Sale of 237,880 SF Logistics Facility in Wilmington, Massachusetts

by Taylor Williams July 15, 2026

WILMINGTON, MASS. — JLL has brokered the sale of a 237,880-square-foot logistics facility located at 800 Salem St. in Wilmington, a northern suburb of Boston. Completed in 2025, the building features a clear height of 32 feet, 47 dock-high loading positions, two drive-in doors, 130-foot truck court depths, parking for 332 cars and 33 trailers, 8,200 square feet of office space and an ESFR sprinkler systems. Michael Restivo, David Coffman and Tommy Hovey of JLL represented the seller, a partnership between Camber Development and Wheelock Street Capital, in the transaction. Tom Sullivan and Matt Stewart, also with JLL, arranged a 10-year, fixed-rate acquisition loan on behalf of the undisclosed buyer.

July 15, 2026

Acquisitions Illinois Midwest Multifamily Retail

Greenstone Partners Negotiates $4M Sale of Apartment, Retail Building in Chicago

by Kristin Harlow July 15, 2026

CHICAGO — Greenstone Partners has negotiated the $4 million sale of a fully leased property located along Restaurant Row in Chicago’s Fulton Market neighborhood. Located at 1012 W. Randolph St., the four-story asset totals 6,500 square feet and includes a ground-floor retail space leased to Rōti Modern Mediterranean and three loft-style apartments. At the time of sale, the property was fully occupied. Danny Spitz, Tom Galvin and Brewster Hague of Greenstone represented the seller. The buyer was Los Angeles-based Foundational Real Estate.

July 15, 2026

Industrial Loans New York Northeast Self-Storage

Gantry Arranges $11.5M Loan for Refinancing of Long Island Self-Storage Facility

by Taylor Williams July 15, 2026

ISLAND PARK, N.Y. — San Francisco-based intermediary Gantry has arranged an $11.5 million loan for the refinancing of a 740-unit self-storage facility located in the Long Island township of Island Park. Public Storage operates the three-story, climate-controlled facility. Robert Slatt and Alex Poulos of Gantry arranged the nonrecourse loan, which was structured with a five-year term and a fixed interest rate, loan through an unspecified, correspondent life insurance company. The borrower was also not disclosed.

July 15, 2026

Leasing Activity New Jersey Northeast Retail

RH Outlet Opens 50,700 SF Store at Ikea Drive Plaza in Paramus, New Jersey

by Taylor Williams July 15, 2026

PARAMUS, N.J. — RH Outlet has opened a 50,700-square-foot store in the Northern New Jersey community of Paramus. The luxury home furnishings retailer has relocated its Paramus store from an unspecified, nearby space to a freestanding building within Ikea Drive Plaza. Curtis Nassau and Patrick Brake of RIPCO Real Estate represented RH Outlet in the lease negotiations. Vanessa Fernandez and Ed Vasconcellos of Levin Management Corp. represented the landlord.

July 15, 2026

Acquisitions California Multifamily Western

CBRE Brokers $77.5M Sale of Apartment Community in Oceanside, California

by Amy Works July 15, 2026

OCEANSIDE, CALIF. — CBRE has brokered the $77.5 million sale of Sunterra, an apartment community located just north of Carlsbad in Southern California. An undisclosed buyer acquired the asset from 29th Street Capital. Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and Kenji Thomas of CBRE represented the seller, while James Flinn and Justin Fitchett of CBRE Debt and Structured Finance provided debt and finance support for the transaction. Situated on 14.2 acres, Sunterra features 240 two-bedroom apartments with detached garages. Community amenities include a resort-style pool, fitness center, landscaped courtyards and outdoor gathering spaces. Approximately 70 percent of the units have been renovated. The property was built in 1975 and is located at 3851 Sherbourne Drive.

July 15, 2026

Kent-Valley-Distribution-Center-III-Kent-WA

Acquisitions Industrial Washington Western

BKM Capital Partners Acquires 401,000 SF Industrial Portfolio Near Seattle

by Amy Works July 15, 2026

TUKWILA AND KENT, WASH. — BKM Capital Partners has purchased a five-building, 401,000-square-foot industrial portfolio in metro Seattle. Terms of the transaction were not disclosed. Spanning 19 acres and offering 21 units, the portfolio includes Southcenter West Business Park, a three-building, 287,000-square-foot campus in Tukwila; Kent Valley Distribution Center III, a 50,450-square-foot facility in Kent; and a 64,000-square-foot asset in Kent. Built between 1973 and 1979, the properties feature 24-foot clear heights, 90- to 110-foot truck court depths, wet pipe sprinklers, LED lighting, “ample” parking and a mix of dock-high and ground-level loading. The portfolio has a 2.9-year weighted average lease term, with no more than 26 percent of net rentable area expiring in any given year. At the time of sale, the portfolio was 84 percent occupied. Brett Turner and Michael Grossner provided in-house representation for BKM, while Buzz Ellis of JLL Capital Markets represented the undisclosed seller in the deal.

July 15, 2026

Acquisitions Retail Washington Western

First Washington Realty Acquires 123,562 SF Retail Center in Bellevue, Washington

by Amy Works July 15, 2026

BELLEVUE, WASH. — First Washington Realty has acquired Evergreen Village, a 123,562-square-foot, grocery-anchored community shopping center located across Lake Washington from Seattle in Bellevue. Terms of the transaction were not released. Tenants include Safeway, Edgeworks Climbing, Puetz Golf Superstore and Starbucks Coffee.

July 15, 2026

Acquisitions Industrial Utah Western

ARKA Properties Group Purchases 98,820 SF Industrial Building in Sandy, Utah

by Amy Works July 15, 2026

SANDY, UTAH — ARKA Properties Group has purchased a 98,820-square-foot industrial building in Sandy, part of the Salt Lake City metro area, from a Southern California-based private developer. Lucas Burbank, Jeff Heaton, Kyle Roberts and Kelsie Akiyama of the DRAY Logistics Group at Newmark Mountain West represented the buyer and seller in the deal. The sales price was not disclosed. The facility features 32-foot clear heights and 16 dock-high loading doors. At the time of sale, the property was fully leased to Pella Windows, NanoYield and Artisan Design Group. All tenants are signed to long-term leases through at least 2030.

July 15, 2026

Acquisitions Multifamily North Carolina Office Southeast Top Stories

Lincoln Acquires Spectrum, Doubling Down on Carolinas Region

by Kristin Harlow July 15, 2026

DALLAS AND CHARLOTTE, N.C. — Global real estate company Lincoln Property Co. has acquired The Spectrum Cos., a full-service real estate firm based in Charlotte. The acquisition enhances Lincoln’s platform in the Carolinas region. Johno Harris, senior executive vice president at Lincoln, and Stephen McClure, CEO of Spectrum, will be leading Lincoln’s Carolinas platform, which will now also include Spectrum’s Northern and Central Florida’s multifamily business. Since its inception in 1982, Spectrum has developed nearly 7,000 multifamily units and currently leases and manages a total of 4.4 million square feet of assets. With this new partnership and investment in the platform, the combined firm is poised to ramp up its development and acquisition pipeline across both multifamily and commercial real estate. “Our shared values are the foundation for seamless integration, and Lincoln’s full-service platform and national resources will only strengthen what we’ve already built,” says McClure. Darryl Dewberry, Spectrum’s executive chairman, will continue in his role to ensure continuity for the development and investment partnerships he has helped cultivate across the Carolinas. Lincoln says the acquisition broadens its product offerings in the region and deepens its capacity to serve clients, pursue opportunities and compete more effectively. Dallas-based Lincoln is one …

July 15, 2026

Acquisitions North Carolina Retail Southeast

Marcus & Millichap Brokers Sale of New Store in Mebane, North Carolina Leased to Tractor Supply Co.

by John Nelson July 15, 2026

MEBANE, N.C. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a newly delivered store in Mebane, a city that lies midway between Durham and Greensboro, N.C. Tractor Supply Co. occupies the store, which was delivered last year, on a 20-year lease that features 5 percent rent increases in the initial term. Don McMinn and Andrew Koriwchak of Taylor McMinn Retail brokered the transaction between the out-of-state 1031 exchange buyer and the seller, an unnamed development firm. “This transaction highlights our ability to source larger 1031 exchange buyers for investment-grade net lease assets,” says McMinn. “We generated multiple competitive offers, drove pricing and secured non-refundable earnest money on day one.”

July 15, 2026

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