DALLAS — Marco Awards Group, wholesale trophy component distributor, has purchased a 49,982-square-foot industrial building in southwest Dallas. According to LoopNet Inc., the building at 4443 Bronze Way was constructed on 4.2 acres in 1982 and features 21.5-foot clear heights. Ryan Hartsell and Chase McAteer of Houston-based brokerage firm Oxford Partners represented the buyer in the transaction. Caleb McCoy of JLL represented the undisclosed seller.
ARLINGTON, TEXAS — Weitzman has arranged the sale of Cooper Oaks, a 17,836-square-foot retail strip center in Arlington. The center is home to tenants such as ATI Physical Therapy, Bricks & Minifigs and Donut Palace, as well as a dentist, Vietnamese restaurant, barbeque restaurant and a nail salon. Kevin Butkus, Guillermo Lopez and Stephen Schmidt of Weitzman negotiated the sale on behalf of the buyer, a limited partnership managed by Weitzman. Will Merritt internally represented the seller, Merritt Capital Partners.
PHILADELPHIA — Cushman & Wakefield has arranged $153 million in construction financing for Phase I of Airport Logistics Center, a roughly 1 million-square-foot industrial project that will situated on a 66-acre site adjacent to Philadelphia International Airport. Building features will include 240 dock doors and parking for 704 cars and 209 trailers. Completion is slated for early 2028. The sponsor is a partnership between Ivy Realty and Lubert-Adler Real Estate Funds, and the package includes both debt and equity, though specific amounts of each piece were not disclosed. John Alascio, Chuck Kohaut, T.J. Sullivan, Aaron Graves, Andrew Merin, Gary Gabriel, Kyle Schmidt and Seth Zuidema of Cushman & Wakefield arranged the floating-rate construction loan through TPG Real Estate Credit. The team also advised on the structuring of the equity for the project.
TOM’S RIVER, N.J. — New Jersey-based brokerage firm The Kislak Co. Inc. has negotiated the $33.7 million sale of Hope’s Crossing, a 125-unit apartment complex in Tom’s River, located near the Jersey Shore. Built on 12.6 acres in 1994, Hope’s Crossing consists of 14 buildings that primarily house two- and three-bedroom units. Barry Waisbrod of Kislak represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
PASSAIC, N.J. — New York City-based Dwight Capital has provided a $23.5 million HUD-insured loan for the refinancing of Station at Passaic Phase II, a 104-unit apartment complex in Northern New Jersey. The property consists of two five-story buildings that house eight one-bedroom and 96 two-bedroom units. Jonathan Pomper and Noah Greenwald of Dwight originated the financing through HUD’s 223(f) program on behalf of the borrower, an entity doing business as South Street Properties Urban Renewal LLC.
GARDEN CITY, N.Y. — Stark Office Suites has expanded its coworking space in the Long Island community of Garden City. The provider of flexible workspace solutions now occupies 14,553 square feet within the building at 1225 Franklin Ave. The space features furnished private offices, professional receptionist services and conference room access. Stark now operates 11 coworking facilities in New York and two in Connecticut.
CANAL WINCHESTER AND COMMERCIAL POINT, OHIO — Colliers has negotiated the sales of two Class A industrial facilities totaling 404,088 square feet in metro Columbus. The properties, located at 10013 Busey Road in Canal Winchester and 161 Kenmore Blvd. in Commercial Point, were both developed by Tenby Partners in 2023. Private investors acquired the assets in separate transactions. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, Tyler Ziebel and Jonathan Schuen of Colliers represented Tenby in the sales. The building in Canal Winchester totals 209,656 square feet and features a clear height of 32 feet, 15 dock doors, three drive-in doors, 14,014 square feet of office space and 210 auto parking spaces across a 12-acre site. The facility is fully leased to three tenants operating in third-party logistics, healthcare and steel distribution. Rickenbacker Exchange at Commercial Point spans 194,432 square feet and features clear heights ranging from 32 to 34 feet, 18 dock doors, two drive-in doors and 192 auto parking spaces across a 15.3-acre site. The facility is fully leased to ServeOne America and Fasteners.
KANSAS CITY, MO. — Northmarq has brokered the sale of The Robert Browning Apartments, a 64-unit property in Kansas City. Built in 1929 by Nelle E. Peters, one of the country’s first female architects and a prolific Kansas City designer, the building is part of the Poet’s District that Peters created on the west side of the Country Club Plaza. The community rises seven stories and totals 36,248 square feet. David Belpedio, Jeff Lamott and Casey Wilhm of Northmarq represented the seller, Bellada LLC. The buyer was Bird Enterprises LLC. The Plaza is undergoing a $1.5 billion transformation.
BARTLETT, ILL. — SAMPA USA is expanding its Midwest presence with a new 62,000-square-foot facility at 2305 Kenyon Road in Bartlett. SAMPA USA, a Turkish company, will relocate from Romeoville and will utilize the new location as its Midwest distribution hub. Dan Brown of Brown Commercial Group represented the developer and owner, Cratos Industrial, in the lease. The space is part of Blue Heron 160, a three-unit industrial building totaling 166,573 square feet that is now fully leased. Additional tenants include Illinois Tool Works and Clarke Packing & Crating. The new space for SAMPA USA expands its operating footprint by 48 percent.
NORRIDGE, ILL. — Jason Bitton of RE/MAX Commercial has arranged the $4.5 million sale of a mixed-use block totaling roughly 41,000 square feet on 1.9 acres in Norridge. A private investor was the seller. William Gold of Troy Realty Ltd. represented the buyer, Prospect Heights-based 1st Liberty Management Inc. The property includes two two-story buildings with eight ground-floor storefronts and 16 apartments above them as well as a one-story, 15,000-square-foot building.