Monday, February 2, 2026
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AcquisitionsHospitalitySouth CarolinaSoutheast

Marcus & Millichap Brokers Sale of 121-Room Tru by Hilton Hotel in North Charleston

by John Nelson

NORTH CHARLESTON, S.C. — Marcus & Millichap has brokered the sale of Tru by Hilton Charleston Ashley Phosphate, a 121-room hotel located at 2475 Prospect Drive in North Charleston. Jack Davis, Chase Dewese, Joce Messinger and Brenden DeLuke of Marcus & Millichap represented the seller in the transaction. The buyer purchased the hotel in a 1031 exchange for an undisclosed price. Both parties requested anonymity. Built in 2020 on a 2.8-acre site, the Tru by Hilton hotel features EV charging stations, an outdoor pool, fitness center and a business center.

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The-Deveraux-Apts-Denver-CO
ColoradoLoansMultifamilyWestern

Newmark Secures $83.8M in Financing for Denver Multifamily Community

by Amy Works

DENVER — Newmark has facilitated $83.8 million in financing for The Deveraux, a multifamily community in Denver’s River North (RiNo) neighborhood. The financing was secured through bank lease-up execution on behalf of an undisclosed borrower. Lee Redmond, Nick Schroeder, Courtney Crowder and Jack Kachadurian of Newmark arranged the financing. Delivered in July 2024, The Deveraux features 374 studio, one- and two-bedroom apartments, averaging 732 square feet, and 21,000 square feet of Class A retail space.

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11119-Juniper-Ave-Fontana-CA
AcquisitionsCaliforniaIndustrialWestern

JLL Arranges Sale of 436,424 SF Distribution Center in Fontana, California

by Amy Works

FONTANA, CALIF. — JLL Capital Markets, on behalf of of REDA and a commingled fund managed by Clarion Partners, has arranged the sale of 11119 Juniper Avenue, a Class A distribution facility in Fontana. Terms of the transaction were not released. Cencora (formerly AmerisourceBergen Drug Corp.) leases the 436,424-square-foot Class A center on a long-term basis. Patrick Nally, Makenna Peter and Evan Moran of JLL represented the seller in the deal. Cody Clayton and Patrick Wood of JLL handled leasing of the asset. Bruce Ganong, Peter Thompson and Taylor Gimian of JLL secured acquisition financing for the undisclosed buyer.

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DICKS-Centre-Pointe-Santa-Clarita-CA
AcquisitionsCaliforniaRetailWestern

Hanley Investment Group Brokers $25M Sale of Two-Tenant Retail Property in Metro Los Angeles

by Amy Works

SANTA CLARITA, CALIF. — Hanley Investment Group Real Estate Advisors has brokered the $25 million sale of a two-tenant retail property located in Santa Clarita, roughly 30 miles north of Los Angeles. Situated within Centre Pointe Marketplace, the 83,953-square-foot property is occupied by DICK’S Sporting Goods and Burlington. DICK’S has extended its lease and remodeled its store. Meanwhile, Burlington has acquired the lease previously held by JOANN after its bankruptcy. Sean Cox and Kevin Fryman of Hanley represented the seller and developer, locally based Spirit Properties Ltd., and the buyer, in the transaction.

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Whisper-Creek-Lakewood-CO
AcquisitionsColoradoMultifamilyWestern

Brixton Capital Buys 272-Unit Whisper Creek Apartments in Lakewood, Colorado

by Amy Works

LAKEWOOD, COLO. — Brixton Capital has acquired Whisper Creek, a garden-style multifamily community at 3505 S. Nelson Circle in Lakewood. Terms of the transaction were not disclosed. Built in 2002 by Fairfield Residential, Whisper Creek offers 272 apartments featuring nine-foot ceilings and averaging 928 square feet spread across two- and three-story residential buildings. Community amenities include 501 parking spaces with detached garages, a resort-style pool and spa, a 24-hour fitness center, clubhouse, business center, outdoor grilling stations, a pet park and a playground. Greystar will manage the property. Tony Nargi of JLL Capital Markets secured acquisition financing on behalf of Brixton Capital.

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37-41-Creek-Road-Irvine-CA
AcquisitionsCaliforniaHealthcareWestern

CBRE Negotiates $16.2M Sale of Medical Office Property in Irvine, California

by Amy Works

IRVINE, CALIF. — CBRE has directed the sale of Creek Medical Buildings, a three-building medical office property located at 37, 39 and 41 Creek Road in Irvine. The asset traded for $16.2 million. Anthony DeLorenzo, Sammy Cemo, Bryan Johnson and Harry Su of CBRE represented the undisclosed seller in the deal. At the time of sale, the 43,374-square-foot property was fully occupied. The asset was built in 1986.

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AcquisitionsMidwestMissouriMultifamilySeniors Housing

Tutera Expands Portfolio with 26 New Senior Living Communities Largely in Midwest

by Kristin Harlow

KANSAS CITY, MO. — Tutera Senior Living & Health Care has added 26 senior living communities to its portfolio through a transaction with AlerisLife and an ongoing partnership with Diversified Healthcare Trust. The expansion, which includes eight owned acquisitions and 18 new management agreements, strengthens Tutera’s Midwest presence. With this addition, Kansas City-based Tutera will operate 108 communities across 11 states, with 66 dedicated senior living communities totaling 5,422 units. The company’s overall portfolio now encompasses 9,755 units, with a mix of 56 percent senior living and 44 percent skilled nursing. The expansion broadens Tutera’s footprint into Tennessee, adding to its presence in Alabama, Illinois, Indiana, Iowa, Kansas, Louisiana, Missouri, Nebraska, Oklahoma and South Carolina. The phased acquisition and transition of the 26 communities is expected to be completed by the end of the year. Some properties will transition to new names under Tutera.

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IllinoisLeasing ActivityMidwestRestaurantRetail

CBRE Negotiates Five Retail Leases for QDOBA Mexican Eats in Metro Chicago

by Kristin Harlow

CHICAGO — CBRE has negotiated five new retail leases for QDOBA Mexican Eats in the suburbs of Chicago. The locations are in Vernon Hills, Wheaton, Downers Grove, Bloomingdale and Elmhurst. CBRE’s Phillip Golding represented the fast-casual restaurant. The 2,000-square-foot location at 700 N. Milwaukee Ave. in Vernon Hills is within The Marketplace at Vernon Hills, a retail center owned by Kimco Realty. Danada Square West in Wheaton is a grocery-anchored center owned by DLC. The 2,000-square-foot location in Downers Grove is within a property owned by Vic Mehta. LFI is the landlord for the Bloomingdale and Elmhurst properties. Holy Moley Guacamole is the franchise business for the new locations.

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DevelopmentHealthcareMidwestSouth Dakota

Kraus-Anderson Completes $7.4M Yorkshire Medical Office Building in Brookings, South Dakota

by Kristin Harlow

BROOKINGS, S.D. — Kraus-Anderson has completed the $7.4 million Yorkshire Medical Office Building for Brookings Health System at 2311 Yorkshire Drive in Brookings, a city in eastern South Dakota. Designed by TSP Inc., the 12,000-square-foot project marks the first phase of the new medical office building and will serve as the future home of the Brookings Health System Eye Clinic and Physical Therapy. The eye clinic features six exam rooms, a retail optical space and a dedicated procedure room. The physical therapy clinic, in collaboration with Avera Physical Therapy, includes a 2,100-square-foot rehabilitation gym, 10 treatment rooms and a HydroWorx therapy pool equipped with an underwater camera for advanced therapy sessions. The project is located 8 feet from the existing building that currently houses the eye clinic. Once the new facility is operational with patients, the old building will be demolished, allowing for the completion of a new parking area. An upcoming phase to be completed in the coming years will be a mirrored extension of the current structure.

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IllinoisIndustrialLeasing ActivityLee & AssociatesMidwest

RDI Group Leases 25,141 SF Industrial Building in Itasca, Illinois

by Kristin Harlow

ITASCA, ILL. — The RDI Group, a manufacturer of engineered systems for the roofing, construction, power, metal coil processing and medical industries, has leased a 25,141-square-foot industrial building at 1070 W. Ardmore Ave. in Itasca. Jeff Janda and Chris Nelson of Lee & Associates of Illinois represented the owner, Town & Country Distributors, as well as the tenant. The facility will serve as a satellite warehouse for RDI Group’s primary location at 1025 W. Thorndale Ave. in Itasca.

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