Saturday, February 7, 2026
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AcquisitionsMichiganMidwestRestaurantRetail

Dunkin’ Sells 1,809 SF Restaurant Building in Southgate, Michigan

by Kristin Harlow

SOUTHGATE, MICH. — Dunkin’ has sold its former restaurant building on Eureka Road in Southgate, about 14 miles southwest of Detroit. The retailer is relocating from the 1,809-square-foot building to a different building down the street that features a drive-thru. Michael Murphy, Vicki Gutowski and Tjader Gerdom of Gerdom Realty & Investment worked with Excess Space Retail Services to represent Dunkin’ in the sale. Jordan Jabbori of CMP Real Estate Group represented the buyer, a local restaurant owner that plans to open a new restaurant in the space.

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AcquisitionsMultifamilyNew YorkNortheast

Marcus & Millichap Negotiates $15.5M Sale of Queens Multifamily Building

by Taylor Williams

NEW YORK CITY — Marcus & Millichap has negotiated the $15.5 million sale of a 70-unit, rent-regulated multifamily building in Queens. The building spans 70,000 square feet, including 5,000 square feet of retail space. Matt Fotis and Lazarus Apostolidis of Marcus & Millichap represented the seller and procured the buyer, both of which were private investors that requested anonymity, in the transaction.

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AcquisitionsMassachusettsNortheastRetail

Coldwell Banker Brokers $15M Sale of Boston Retail Building

by Taylor Williams

BOSTON — Coldwell Banker Commercial has brokered the $15 million sale of a 16,500-square-foot retail building located on a half-acre site at 1004-1016 Beacon St. in Boston’s Brookline neighborhood. Todd Glaskin and Gregg Leppo of Coldwell Banker represented the seller, a local family trust, in the transaction. Casimir Groblewski and Colin Monahan of locally based mortgage banking firm Fantini & Gorga arranged a $13 milion acquisition loan for the deal.

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ConnecticutLeasing ActivityNortheastOffice

Colliers Secures 11,500 SF Office Lease in Stamford, Connecticut

by Taylor Williams

STAMFORD, CONN. — Colliers has secured an 11,500-square-foot office lease at 1 Landmark Square in Stamford, located in the southern coastal part of the state. Jeffrey Williams and Hollis Pugh of Colliers represented the tenant, law firm Silver Golub & Teitell LLP, which will occupy the 15th floor of the 299,000-square-foot building, in the lease negotiations. Larry Kwiat of Reckson Associates Realty represented the landlord, SL Green.

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Landing-3-Mesa-AZ
AcquisitionsArizonaIndustrialWestern

Martens Development, Dune Real Estate Sell Seven-Building Industrial Portfolio in Mesa for $130M

by Amy Works

MESA, ARIZ. — A joint venture between Scottsdale-based Martens Development and New York City-based Dune Real Estate Partners have completed the disposition of Landing 3, a newly completed Class A industrial development in Mesa. An affiliate of Cohen Asset Management and ASB Real Estate Investments acquired the asset for $130 million. Located at 7827-8009 E. Ray Road, Landing Phase III was built in 2021 and features 525,342 square feet of industrial space spread across seven buildings. Landing 3 is part of the multi-phase, master-planned industrial project known as The Landing, which totals 858,901 square feet. Landing 3 consists of seven freestanding light industrial buildings and a cross-dock facility, all with 36-foot clear heights, 100 percent concrete throughout, loading and heavy parking, ESFR sprinklers and fenced yards. At the time of sale, Landing 3 was 100 percent leased to a diversified tenant mix. Will Strong, Greer Oliver and Connor Nebeker-Hay of Cushman & Wakefield’s National Industrial Advisory Group – Mountain West, as well as Adam Spies and Marcella Fasulo of Cushman & Wakefield’s New York Capital Markets team, represented the seller in the deal. Rob Rubano and Brian Share of Cushman & Wakefield’s Equity, Debt & Structured Finance team arranged financing …

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AcquisitionsColoradoMultifamilyStudent HousingWestern

CBRE Arranges Sale of Two-Property Student Housing Portfolio Near the University of Colorado, Boulder

by Amy Works

BOULDER, COLO. — CBRE has arranged the sale of a two-property student housing portfolio located near the University of Colorado, Boulder. Greystar acquired the communities — The Hive 9Seventy and The Hive Baseline — for an undisclosed price. Jaclyn Fitts, William Vonderfecht and Casey Schaefer of CBRE represented the undisclosed seller in the transaction. The Hive 9Seventy is located at 970 28th St. and The Hive Baseline is located at 2726 Moorhead Ave. Both properties are located within walking distance of the university. “Our team is thrilled to represent this significant transaction in the high-barriers-to-entry Boulder market,” says Fitts. “The portfolio received amazing interest from investors and offered average monthly per-bed rents of $1,532, with the ability to drive revenue through furnishing the properties and unit renovations at The Hive Baseline.”

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6700-E-Pacific-Coast-Highway-Long-Beach-CA
AcquisitionsCaliforniaDevelopmentMultifamilyOfficeWestern

Holland Partners Buys Congressional Place Office Building in Long Beach, Plans Multifamily Conversion

by Amy Works

LONG BEACH, CALIF. — Holland Partners has purchased Congressional Place, a two-story office building in Long Beach. ValueRock Partners sold the asset for $41 million. Situated on 2.5 acres at 6700 E. Pacific Coast Highway, the 73,769-square-foot will be redeveloped into a multifamily property. Chris Benton, Anthony Muhlstein, Kevin Shannon, Bill Bauman, Ken White and Seal Fulp of Newmark represented the seller in the deal.

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Concorde-Commerce-Center-Phoenix-AZ
AcquisitionsArizonaOfficeWestern

ViaWest Group, Taconic Capital Advisors Divest of 140,161 SF Concorde Commerce Center in Phoenix for $23M

by Amy Works

PHOENIX — Phoenix-based ViaWest Group and New York-based Taconic Capital Advisors have completed the disposition of Concorde Commerce Center, a three-story office building in Phoenix. Idaho-based Stafford Holdings acquired the asset for $23 million. Located at 2222 W. Dunlap Ave., the 140,161-square-foot property features a two-story atrium lobby. At the time of sale, the building was 84 percent leased to Ciox/Datavant, a health data provider, and Kiewit, a construction and engineering company. Barry Gabel, Chris Marchildon, Geoff Turbow, Matt Pourcho, Anthony DeLorenzo and Gary Cornish of CBRE represented the seller in the transaction.

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15443-Fairland-Ranch-Road-Chino-Hills-CA
AcquisitionsCaliforniaIndustrialSelf-StorageWestern

Buchanan Street Partners Acquires 920-Unit Self-Storage Facility in Chino Hills, California

by Amy Works

CHINO HILLS, CALIF. — Newport Beach, Calif.-based Buchanan Street Partners has purchased a newly constructed, three-story self-storage facility located at 15443 Fairland Ranch Road in Chino Hills. A private developer sold the asset for $24.5 million in an off-market deal. The 95,500-square-foot property features 920 climate-controlled units. Westport Properties will serve as third-party manager for the facility, which will operate under the US Storage Centers brand. The transaction marks the third California self-storage facility purchased by Buchanan within the last 12 months.

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Pete ONeil SFR BTR quote "The rapid acceleration of investment in the SFR/BTR space is expected to continue into 2022 and beyond. Not only is the product type attractive to renters and investors, but the projects that are being delivered are coming online in some of the highest-demand regions in the country."
Build-to-RentContent PartnerFeaturesLeasing ActivityMidwestMultifamilyNortheastNorthmarqSingle-Family RentalSoutheastTexasWestern

Single-Family/Build-to-Rent: Changing Renter Demographics Fuel Growth

by Sarah Daniels

Demand for all forms of housing has been on the rise in recent years, a trend that is expected to continue in 2022. One segment of the market that is attracting significant attention is single-family/build-to-rent (SFR/BTR), as a series of economic and demographic shifts increase the attractiveness of an alternative to traditional apartments. Developers are ramping up activity on thousands of new units, particularly in the high-growth southern U.S. markets. Dozens of projects totaling more than $1.5 billion sold in 2021. Meanwhile, billions of dollars of debt and equity capital continue to move into this increasingly attractive investment class. Northmarq’s National Multifamily 2022 Outlook covers the record-setting momentum that multifamily properties across the United States saw last year and projects what the market may see in 2022. Northmarq’s full report is available here (with further rundowns on factors like the overall economy, rent trends, the investment market and financing climate). Their analysis on the SFR/BTR market below breaks down the trends and opportunities for growth in this burgeoning sector. Reasons for Growth Several factors are prompting the development of SFR/BTR. A primary influence is the changing mix of renters; today’s renters are generally older and more affluent than in the past. These …

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