Wednesday, April 22, 2026
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AcquisitionsIndustrialMidwestOhio

MAG Capital Partners Acquires Northern Ohio Industrial Property in Sale-Leaseback

by Kristin Harlow

MANSFIELD, OHIO — MAG Capital Partners LLC has acquired a three-building industrial property in Mansfield, about midway between Columbus and Cleveland. The purchase price for the sale-leaseback transaction was not disclosed. The 257,622-square-foot property sits on 23 acres at 150 E. Longview Ave. The seller, Nanogate North America, was recently acquired by Techniplas, a provider of highly engineered technical solutions for the automotive, transportation and industrial sectors. Jonathan Wolfe and Jordan Shtulman of Stream Capital Partners represented the seller. Mary Garnett and Jim Tuesley of Barnes & Thornburg LLP represented MAG Capital Partners, which is a Fort Worth, Texas-based private investment firm led by Dax Mitchell and Andrew Gi.

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AcquisitionsIndianaIndustrialMidwest

Ziff Real Estate Purchases 215,100 SF Flex Industrial Property in Indianapolis

by Kristin Harlow

INDIANAPOLIS — Ziff Real Estate Partners has purchased a 215,100-square-foot flex industrial property known as Director’s Row in Indianapolis for an undisclosed price. The property features convenient access to I-465, I-70 and the Indianapolis International Airport. Ziff plans to make significant upgrades to the building, which was nearly 64 percent occupied at the time of sale. Tenants include Fiserv, Rocore Thermal Systems and Evens Time. Tyler Wilson of Colliers International will handle leasing on behalf of Ziff.

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AcquisitionsIllinoisMidwestMultifamily

Interra Realty Brokers $2.9M Sale of Apartment Building in Chicago

by Kristin Harlow

CHICAGO — Interra Realty has brokered the sale of 6710 S. Claremont Ave. in Chicago’s Marquette Park neighborhood for $2.9 million. Originally constructed in 1928, the building features 49 apartment units and six retail spaces. The apartment portion was 95 percent occupied at the time of sale. Ted Stratman, Lucas Fryman, David Goss, Jon Morgan and Jeremy Morton of Interra represented the seller, a local private investor. The team also secured and represented the buyer, a private out-of-state investor. The buyer plans to upgrade units as they turn over.

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AcquisitionsIndustrialMidwestWisconsin

Lee & Associates Arranges Sale of 17,400 SF Industrial Building in Beloit, Wisconsin

by Kristin Harlow

BELOIT, WIS. — Lee & Associates has arranged the sale of a 17,400-square-foot industrial building at 1531 E. Gale Drive in southern Wisconsin’s Beloit. The sales price was undisclosed. Blake George of Lee & Associates represented the seller, Frank Beer Distributors Inc. The buyer, Total Plumbing and Heating, plans to open a new facility to serve the Janesville and Beloit areas. The company provides plumbing, heating and air conditioning services.

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East-River-Houston
DevelopmentMixed-UseTexas

Midway Breaks Ground on 150-Acre East River Mixed-Use Development in Houston

by Taylor Williams

HOUSTON — Houston-based developer Midway has broken ground on East River, a 150-acre mixed-use project that is located on the Buffalo Bayou in the city’s Historic Fifth Ward. Phase I will center around development of The Laura, a 360-unit apartment community, as well as 250,000 square feet of office space and 110,000 square feet of retail and restaurant space. In addition, the first phase, completion of which is slated for 2023, will include 13,000 square feet of open green space for public events and live music. Lastly, a nine-hole, par-three public golf course that includes a restaurant and patio bar will open at East River next year. Project partners include global design firm Page, OJB Landscape Architecture, civil engineer BGE Inc. and general contractor Burton Construction, among others. At full buildout, East River will span 60 city blocks and more than 1 million square feet of commercial and residential space that connects to the rest of the city via a network of hiking and biking trails.

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Bell-Lakeshore-Austin
AcquisitionsMultifamilyTexas

Bell Partners Acquires 339-Unit Apartment Community Near Downtown Austin

by Taylor Williams

AUSTIN, TEXAS — North Carolina-based investment firm Bell Partners has acquired Lenox Boardwalk, a 339-unit apartment community located about two miles outside of downtown Austin. Built in 2018, the property offers an amenity package that includes a pool, fitness center and resident courtyards. The new ownership will rebrand the community as Bell Lakeshore. The deal marks Bell Partners’ fourth acquisition in Texas this year, including the 435-unit CityLine Park in metro Dallas and Lenox Springs and Lenox Meadows in Austin. The seller was not disclosed.

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AcquisitionsIndustrialOfficeTexas

SkyWalker Property Partners Sells 113,046 SF Flex Building in Irving

by Taylor Williams

IRVING, TEXAS — SkyWalker Property Partners has sold a 113,046-square-foot flex building located on a 4.7-acre site at 6001 Campus Circle Drive W. in Irving’s Las Colinas district. The property previously served as a data center for Fidelity Investments before the current seller repositioned the building to include warehouse space. Zane Marcell, Chris Stout and Melissa Holland of JLL represented the seller in the transaction. Brett Lewis of Lee & Associates represented the buyer.

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AcquisitionsMultifamilyTexas

Wellington Realty Arranges Sale of Two Apartment Complexes Totaling 112 Units in Irving

by Taylor Williams

IRVING, TEXAS — Locally based brokerage firm Wellington Realty has arranged the sale of Sunrise Suites and Willow Bend, two apartment complexes totaling 112 units in Irving. The 52-unit Sunrise Suites was built in 1964, and the 60-unit Willow Bend was constructed in 1962. A locally based partnership sold the properties to an undisclosed buyer based in the Northeast that plans to implement a value-add program. David Shaffer, Caleb Jones and Will Miller of Wellington Realty brokered the deal.

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Village-on-Main-Tacoma-WA
AcquisitionsMultifamilyWashingtonWestern

MG Properties Acquires Village on Main Apartments in Tacoma, Washington for $85.5M

by Amy Works

TACOMA, WASH. — San Diego-based MG Properties Group has purchased Village on Main Apartments, a multifamily property located at 5020 Main St. on the Point Ruston Waterfront in Tacoma. Point Ruston Building 7 LLC, a company owned by Loren McBride Cohen, sold the asset for $85.5 million. Village on Main features 200 apartments and access to a mix of retailers, restaurants and entertainment venues in the Point Ruston Waterfront mixed-use community. Chris Ross, David Young, Corey Marx, Jordan Louie and Michael Lyford of JLL represented the seller. Charles Halladay, Rick Salinas and Jake Wisness of JLL Capital Markets arranged financing for the buyer.

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AcquisitionsIndustrialTexas

Friedman Real Estate Brokers Sale of 95,000 SF Industrial Flex Building in Houston

by Taylor Williams

HOUSTON — Friedman Real Estate has brokered the sale of a 95,000-square-foot industrial flex building in Houston. The property is triple-net-leased on a long-term basis to Alorica, a business process outsourcing firm that uses the building as a call center. Steven Silverman of Friedman Real Estate represented the undisclosed buyer in the transaction. The seller and sales price were also not disclosed.

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