GILFORD, N.H. — Marcus & Millichap has brokered the sale of Winnipesaukee Self Storage, a 512-unit self-storage facility in Gilford, a northern suburb of Concord. The facility currently spans 39,917 net rentable square feet of entirely climate-controlled space, and permits are in place for an expansion that is planned to more than double the net rentable square footage. Nathan Coe, Gabriel Coe and Brett Hatcher of Marcus & Millichap represented the seller, an undisclosed regional developer, in the transaction. U-Haul purchased the facility. Thomas Shihadeh of Marcus & Millichap assisted in closing the deal as the broker of record.
BURLINGTON, N.J. — Crow Holdings Development has completed a 294,000-square-foot industrial project in the Southern New Jersey community of Burlington. Known as Crow Holdings at 6A in reference to the nearest turnpike exit, the building features a clear height of 36 feet, 24 dock doors and parking for 75 cars and 19 trailers Crow Holdings at 6A was delivered roughly 50 percent preleased to GMB North America, a subsidiary of global auto parts manufacturer GMB. NAI Mertz and Cushman & Wakefield are co-marketing the remainder of the space for lease.
SAYREVILLE, N.J. — Essex Food Ingredients has signed a 100,500-square-foot industrial lease in Sayreville, located in Central New Jersey. The space is located within Building 1 at Arsenal Trade Center, a three-building, 1.1 million-square-foot development by Trammell Crow Co. and CBRE Investment Management. Mindy Lissner, Mark Zaziski and Pat Decker of Cushman & Wakefield represented the tenant in the lease negotiations. Tom Monahan, Larry Schiffinhaus and Brian Golden of CBRE represented ownership. Essex took occupancy in January.
DENVER — Stockdale Capital Partners, in collaboration with UBS’s Global Alternatives – Real Estate, has completed the recapitalization of The Shops at Northfield, an open-air lifestyle center in Denver. Situated on 87 acres, The Shops at Northfield offers 1.1 million square feet of retail, restaurant and entertainment space. Since purchasing the property in 2021, Stockdale has executed a series of initiatives, including securing entitlements for up to 1,500 multifamily units, reletting former anchor boxes to Wayfair and Life Time and completing approximately 350,000 square feet of new leases, including lululemon, Nike, Sephora and a national grocer.
PERRIS, CALIF. — Newcastle Partners has received $65.1 million in senior construction financing for the development of Ellis Avenue Logistics Center, an industrial project in Perris. Greg Brown, Allie Black and Nick Englhard of JLL Capital Markets secured the floating-rate, five-year (inclusive of extensions) loan through Bank OZK for the borrower. The 631,0011-square-foot warehouse and distribution facility will feature a clear height of 40 feet, an ESFR sprinkler system, 87 dock-high doors, three grade-level doors, 205 trailer parking stalls and 176 auto parking stalls. Construction of the project, which is located at the intersection of Ellis Avenue and Case Road, is slated to commence in early 2026, with completion and stabilization projected for late 2026.
RIVERSIDE COUNTY, CALIF. — The County of Riverside has acquired two fully leased medical office buildings in Riverside County for a combined total of $53 million. The asset, located at 8876 Mission Blvd. in Jurupa Valley, Calif., sold for $25 million, and the property at 2813 S. Main St. in Corona sold for $28 million. Jurupa Valley Community Health Center is a single-story, 40,000-square-foot medical outpatient building built in 2019. The property is fully leased to the County of Riverside, dba Riverside University Health System (RUHS), under a long-term lease. RUHS also fully occupies the two-story, 45,204-square-foot Corona Community Health Center, which was built in 2018. Travis Lee, Gino Lollio and Tyler Morss of Cushman & Wakefield’s Healthcare Capital Markets team represented the undisclosed seller in the transactions.
NORTH TUSTIN, CALIF. — Broadview Real Estate Partners has completed the sale of Clearwater at North Tustin, a seniors housing property in North Tustin, to Health Wave Partners for an undisclosed price. Aaron Rosenzweig and Dan Baker of JLL’s Seniors Housing Capital Markets team represented the seller and procured the buyer in the transaction. JLL’s Debt Advisory team arranged acquisition financing on behalf of the buyer through a large national bank. Built in 2001, Clearwater at North Tustin consists of two acuity-specific, single-story buildings offering assisted living and memory care. Onsite amenities include restaurant-style dining, an outdoor amphitheater, music garden, salon and spa, an art studio, a wellness center, dog park and four distinct resident courtyards. The community is situated on 6.6 acres at 11901 Newport Ave.
EAST ALTON, ILL. — Graycor Construction Co. and Helmkamp Construction Co. have topped off the EA2030 structure, marking the culmination of the first stage in the $500 modernization and expansion of Wieland’s facility in East Alton near St. Louis. Wieland is a supplier of copper and copper alloy solutions. The multi-phase project began in June 2024. Design partners include Vestal Corp. and Salas O’Brien. The topping off marks the completion of structural steel for EA2030, the new hot rolling facility. The building will house a hot mill line, milling line, cold rolling mill, high-bay storage with automated material handling and overhead cranes, ultimately replacing the site’s original 100-year-old hot rolling facility. Merrill Steel and the United Iron Workers assisted in achieving the milestone. Work continues on the next phase of the project, which focuses on process and equipment.
PALATINE, ILL. — ARTISAN Capital Group (ACG) has acquired Arrowhead Apartments, a 200-unit, garden-style apartment community in Palatine, a northwest suburb of Chicago. ACG partnered with Eastham Capital on the transaction, marking the firms’ fifth acquisition together. The investment marks ACG’s second acquisition in the Chicago market. Arrowhead Apartments consists of nine two- and three-story buildings with 102 one-bedroom units, 78 two-bedroom units and 20 three-bedroom residences. Amenities include a clubhouse, fitness center and dog park. ACG plans to increase value through operational efficiencies and professional investment oversight. ARTISAN Management Group, ACG’s management vertical, will oversee operations. ACG secured financing through HUD. Scott Harris of Marcus & Millichap represented the seller, a joint venture with Hispanic Housing Development Corp. as the managing partner, and procured the buyer. Forty of the units have a Housing Assistance Payments contract that runs through 2039, according to Harris.
ST. LOUIS AND FESTUS, MO. — Sansone Group and Mia Rose Holdings LLC have created a strategic partnership to collaborate on select multifamily and mixed-use opportunities. The partnership will leverage the firms’ combined expertise in site selection, design oversight, construction management and asset performance. Festus, Mo.-based Mia Rose Holdings has delivered more than 3,000 residential units across 18 communities. St. Louis-based Sansone Group has developed more than 50 million square feet nationwide. The firms will share project-specific announcements resulting from the partnership in the near future.