Property Type

Anchor Health Properties Acquires Bon Air Medical Center in Larkspur, California for $24M

by Amy Works October 29, 2025

LARKSPUR, CALIF. — Wareham Development Corp. has completed the sale of Bon Air Medical Center, a medical outpatient building in Larkspur, to Anchor Health Properties for $24 million. Situated on 3.6 acres at 18 Bon Air Road, Bon Air Medical Center features 27,297 square feet of multi-speciality medical outpatient space. The two single-story buildings are fully leased to MarinHealth and offer a variety of services, including cardiovascular medicine, orthopedics, imaging and spinal care. Evan Kovac, Andrew Milne, John Chun, Matt DiCesare, Anthony Sardo, Erik Hanson and Rob Hielscher of JLL represented the seller in the deal.

October 29, 2025

10605-10635-Folsom-Blvd-Rancho-Cordova-CA

Acquisitions California Retail Western

McNellis Partners Disposes of Cordova Village Retail Center in California for $20.2M

by Amy Works October 29, 2025

RANCHO CORDOVA, CALIF. — McNellis Partners has completed the sale of Cordova Village, a grocery-anchored retail center in Rancho Cordova, to a foreign private investor for $20.2 million. Located at 10605-10635 Folsom Blvd., Cordova Village features 60,617 square feet of retail space spread across three single-tenant buildings on 7.2 acres with 705 feet of Folsom Boulevard frontage. The property is fully leased to national credit tenants, including Safeway, Safeway Fuel Center and Bank of America. Eric Kathrein, Gleb Lvovich and Jeff Cicurel of JLL Capital Markets represented the seller in the deal.

October 29, 2025

Acquisitions Industrial Self-Storage Utah Western

Joint Venture Sells 88,015 SF Self-Storage Facility in Lehi, Utah

by Amy Works October 29, 2025

LEHI, UTAH — A joint venture between Gardner Group, a Salt Lake City-based full-service commercial real estate development and management company, and Management Elevated, a Utah-based self-storage third-party manager and consulting firm, has completed the sale of Saratoga Storage, a 676-unit self-storage facility in Lehi. Constructed in 2023, Saratoga Storage consists of three single-story buildings with 100 drive-up units. The property offers a gated entry with a digital keypad, a separate onsite management office in front of the entrance gate, a 24/7 video surveillance throughout the facility, asphalt driveways and units with roll-up doors. Jordan Farrer and Adam Schlosser of The LeClaire-Schlosser Group of Marcus & Millichap represented the seller in the transaction.

October 29, 2025

Industrial Loans Midwest Ohio

Affinius Capital Provides $76.3M Acquisition Loan for 1.3 MSF Warehouse Near Columbus

by Kristin Harlow October 29, 2025

MARYSVILLE, OHIO — Affinius Capital LLC has provided a $76.3 million loan to finance the acquisition of Scotts Midwest Distribution Center, a 1.3 million-square-foot warehouse and distribution facility in the Columbus suburb of Marysville. Ryan Kieser of CBRE arranged the loan on behalf of the borrower, Sculptor Real Estate. Developed in 2023 by Crawford Hoying as a build-to-suit for The Scotts Co., the property features cross-dock configuration, a clear height of 40 feet, 120 dock doors, four drive-in doors and 388 parking spaces. The facility is leased to The Scotts Co., a subsidiary of The Scotts Miracle-Gro. The property serves as the primary distribution hub for the tenant and is located less than two miles from its main manufacturing facility and global headquarters.

October 29, 2025

Acquisitions Illinois Industrial Midwest

JLL Brokers Sale of 537,681 SF Industrial Portfolio in Metro Chicago

by Kristin Harlow October 29, 2025

CHICAGO — JLL Capital Markets has brokered the sale of a three-building industrial portfolio totaling 537,681 square feet across DuPage County. The infill properties provide direct access to I-290 and proximity to the O’Hare International Airport. Kurt Sarbaugh, Sean Devaney, Ed Halaburt, Ross Bratcher and Cameron Chandra of JLL represented the undisclosed seller. The buyer was High Street Logistics Properties.

October 29, 2025

Acquisitions Industrial Midwest Ohio

CBRE Arranges $18.7M Sale of Two Industrial Properties in Columbus, Ohio

by Kristin Harlow October 29, 2025

COLUMBUS, OHIO — CBRE has arranged the sale of two industrial buildings totaling 86,389 square feet in Columbus for $18.7 million. The properties are fully leased to nine tenants and feature clear heights of 22 feet. CBRE’s Kevin Foley, Austin Wolitarsky, Matt Harris and Matt Pourcho represented the buyer, a high-net-worth 1031 exchange investor from California. Tenby Partners was the seller.

October 29, 2025

Acquisitions Illinois Midwest Multifamily

Interra Realty Negotiates Sales of Two Chicago Apartment Buildings Totaling $6.7M

by Kristin Harlow October 29, 2025

CHICAGO — Interra Realty has negotiated the sales of two Chicago apartment buildings for a combined $6.7 million. The 24-unit property at 4954 N. Christiana Ave. in the Albany Park neighborhood sold for $4.5 million, and the 10-unit building at 4321-23 N. Tripp Ave. in the Old Irving Park neighborhood traded for $2.2 million. Craig Martin of Interra represented the seller, HP Ventures Group, in both transactions. Martin also represented the buyers, Eloy Burciaga and John Krumsee, respectively. Both assets were fully occupied at the time of sale and underwent renovations approximately 15 years ago.

October 29, 2025

Healthcare Leasing Activity Michigan Midwest

Vida Clinical Studies Signs 3,024 SF Medical Office Lease in Dearborn Heights, Michigan

by Kristin Harlow October 29, 2025

DEARBORN HEIGHTS, MICH. — Vida Clinical Studies has signed a 3,024-square-foot medical office lease at 8560 N. Silvery Lane in Dearborn Heights. James Mitchell of Dominion Real Estate Advisors LLC represented the tenant and the undisclosed landlord in the three-year lease. The tenant conducts clinical research and has over a decade of experience in the Detroit metro area.

October 29, 2025

Affordable Housing Development Florida Seniors Housing Southeast

McDowell Housing Begins Construction on $64.7M Affordable Seniors Housing Project in South Florida

by John Nelson October 29, 2025

PEMBROKE PARK, FLA. — McDowell Housing Partners has announced the commencement of construction of Ekos at Pembroke Park, a new affordable seniors housing development located in Pembroke Park. Upon completion, the $64.7 million project will total 150 units reserved for seniors earning up to 80 percent of the area median income. This marks the 16th affordable housing project in Florida for McDowell. Amenities at the community will include a clubroom, fitness center, package lockers, bike storage and six electric vehicle charging stations. Nonprofit organization Area Agency on Aging of Broward County will lease a commercial space at the property and offer onsite supportive services to residents age 60 and older. Financing for the development includes tax-exempt bonds and a loan from the Housing Finance Authority of Broward County; a loan from the Florida Housing Finance Corp.; LIHTC equity from U.S. Bank; and senior construction and permanent loans from R4 Capital.

October 29, 2025

Development Florida Multifamily Southeast

Kolter Multifamily Breaks Ground on 256-Unit Alton Sarasota Apartment Development in Florida

by John Nelson October 29, 2025

SARASOTA, FLA. — Kolter Multifamily LLC, an affiliate of Delray Beach, Fla.-based The Kolter Group, has broken ground on Alton Sarasota, a 256-unit, garden-style apartment community in Sarasota. Kolter expects to welcome first residents in winter 2026. Alton Sarasota represents the fourth apartment development in the Sarasota-Bradenton MSA for Kolter, which broke ground on Alton Palmetto in Palmetto, Fla., earlier this year. Situated along 63rd Avenue about three miles north of University Parkway, Alton Sarasota will feature one-, two- and three-bedroom apartments ranging in size from 765 to 1,248 square feet. The property will also include a modern clubhouse with a fitness center, coworking office space and a coffee lounge.

October 29, 2025

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