Sunday, February 8, 2026
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AcquisitionsGeorgiaRetailSoutheast

Marcus & Millichap Negotiates $3.7M Sale of Strip Retail Center in Central Georgia

by Alex Tostado

WARNER ROBINS, GA. — Marcus & Millichap has negotiated the $3.7 million sale of a 13,076-square-foot retail strip center within Merganser Commons in Warner Robins. Zach Taylor of Marcus and Millichap’s Taylor McMinn Retail Group implemented a parcelization strategy to sell Merganser Commons for a total of $14.7 million on behalf of the seller, EA Columbia Properties. A 45,600-square-foot Publix anchors Merganser Commons. The strip center was the last piece of Merganser Commons to be sold. “By taking a parcelization approach we were able to maximize the seller proceeds,” says Taylor. Tomahawk Properties LLC acquired the asset.

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Maxwell-66th-Phoenix-AZ
AcquisitionsArizonaMultifamilyWestern

IPA Negotiates $122.5M Sale of Maxwell on 66th Apartments in Phoenix

by Amy Works

PHOENIX — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Maxwell on 66th, a multifamily property located at 6611 E. Mayo Blvd. in Phoenix’s North Scottsdale corridor. The property traded hands for $122.5 million, or $351,003 per unit. The names of the buyer and seller were not released. Built in 2020 on 15 acres, Maxwell on 66th features 349 apartments, averaging 940 square feet per unit, spread across 11 buildings. Units offer at least nine-foot ceilings, ultra-modern gourmet kitchens and hand-scraped oak hardwood floors. Select units feature integrated decks and bookshelves, built-in wine racks, oversize soaking tubs and mountain views. Community amenities include a central courtyard, swimming pool, tanning pool, yoga lawn, putting green and electric car charging stations. Steve Gebing and Cliff David of IPA represented the seller and procured the buyer in the deal.

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Harbor-Gateway-Torrance-CA
ArizonaCaliforniaIndustrialLoansNevadaWestern

CBRE Arranges $69M in Financing for 1 MSF Industrial Portfolio in Southwest

by Amy Works

LOS ANGELES — CBRE Capital Markets’ Debt & Structured Finance team has arranged $69 million for the recapitalization of a four-property industrial portfolio totaling 991,634 square feet across the southwestern United States. Shaun Moothart, Bruce Francis, Jennifer Ansari, Dana Summers, Bob Ybarra and Doug Birrell of CBRE secured the 20-year, 2.13 percent loan on behalf of the borrower, Moulton Co., a family-owned and operated private equity asset management firm based in Southern California. The portfolio consists of four core industrial assets: Harbor Gateway, located at 20100 S. Western Ave. in Torrance, Calif. Longley Commerce Center at 6550 Longley Lane in Reno, Nev. The Landing at PMG, located at 7613-7753 E. Ray Road in Mesa, Ariz. Northgate Distribution Center at 4800 E. Tropical Parkway in Las Vegas At the time of sale, all four facilities were fully leased.

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Mountain-View-Village-Riverton-UT
DevelopmentMixed-UseRestaurantRetailUtahWestern

CenterCal Properties Selects General Contractor for Phase II of Mountain View Village Project in Utah

by Amy Works

RIVERTON, UTAH — Developer CenterCal Properties has selected Okland Construction to build the second phase of Mountain View Village Phase II, an 85-acre lifestyle development in Riverton. The second phase will include five pocket parks with unique amenities; show fountains; a covered market hall-style pavilion with a collection of eateries and common indoor and outdoor seating; a 14-screen Cinemark movie theater complex; and retail, restaurant and commercial spaces. The first phase includes a Harmons Grocery Store and Fuel Shop and more than 35 retailers, businesses and dining options. Okland Construction will begin work immediately on the second phase. Upon built-out, Mountain View Village will be a community gathering place, commercial hub and residential community.

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1495-E-Baseline-Road-Gilbert-AZ
AcquisitionsArizonaIndustrialWestern

Dalfen Industrial Acquires 109,510 SF Gilbert Distribution Center in Arizona

by Amy Works

GILBERT, ARIZ. — Dalfen Industrial has purchased Gilbert Distribution Center, an industrial property located at 1495 E. Baseline Road in Gilbert, a southeast suburb of Phoenix. The property was acquired in an off-market transaction for an undisclosed price. The name of the seller was not released. Built in 2014, the property features 109,510 square feet of industrial space. At the time of sale, the facility was 100 percent leased to two longstanding tenants: Scrapbook.com and TLC Label. Dalfen Industrial has acquired and developed more than $1.2 billion of last-mile industrial properties this year.

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8250-8260-Camino-Santa-Fe-San-Diego-CA
AcquisitionsCaliforniaIndustrialWestern

Hill Properties, Westport Capital Buy 61,000 SF Industrial Portfolio in San Diego

by Amy Works

SAN DIEGO — A joint venture between San Diego-based Hills Properties and a fund managed by Westport Capital Partners has acquired an industrial portfolio in San Diego’s Miramar industrial neighborhood. Providence II Camino Santa Fe LLC sold the assets for $11.3 million. Located at 8250-8260 Camino Santa Fe, the two-building portfolio features 61,000 square feet of multi-tenant industrial space. Evan McDonald of Colliers International represented the seller in the deal.

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DevelopmentIllinoisMidwestOffice

Weiss Properties Unveils Redevelopment Plans for Former CF Industries Headquarters in Suburban Chicago

by Kristin Harlow

LONG GROVE, ILL. — Weiss Properties has unveiled plans for a multi-million-dollar redevelopment of the former headquarters for CF Industries in Long Grove, a northern suburb of Chicago. Located at 1 Salem Lake Drive, the property has recently been renamed The Reserve at Salem Lake. Weiss acquired the 37-acre campus earlier this year. It includes a two-story, 150,000-square-foot building as well as a three-level, 185-car parking garage and an additional parking area with 235 spaces. Weiss has begun gutting the vast majority of the interior space of the property, which has been vacant for more than 10 years. Upon completion of the redevelopment, first-floor tenants will have dedicated outdoor spaces and second-floor tenants will have wrap-around balconies. Amenities will include a fitness center, auditorium, meeting spaces, indoor and outdoor gathering areas, food service and walking trails. Rawly Lantz, Justin Harris and David Conroy of Cawley Chicago are marketing the property for lease. A timeline for completion was not disclosed. The seller of the campus was a Texas-based homebuilder that acquired the site in 2011 with plans for residential development that never came to fruition. CF Industries, a manufacturer and distributor of agricultural fertilizers, developed the campus in phases in 1975 …

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IndustrialLeasing ActivityMidwestMissouri

Cambridge Air Solutions Signs 68,605 SF Industrial Lease in Metro St. Louis

by Kristin Harlow

WENTZVILLE, MO. — Cambridge Air Solutions has signed a 68,605-square-foot industrial lease at 1290 Interstate Drive in Wentzville within metro St. Louis. Houston-based SparrowHawk LLC owns the 420,000-square-foot building in a joint venture with American National Insurance Co. Cambridge is a manufacturer and distributor of HVAC systems. This is the second St. Louis-area location for Cambridge, which maintains its headquarters at 760 Long Road Crossing Drive in Chesterfield. Christopher Schmidt of JLL represented Cambridge in the lease transaction. David Branding and Patrick Reilly of JLL represented SparrowHawk.

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DevelopmentMidwestMultifamilyWisconsin

Mayer Road Ventures Begins Development of 85-Unit Luxury Apartment Complex in Hudson, Wisconsin

by Kristin Harlow

HUDSON, WIS. — Mayer Road Ventures LLC has begun development of The Massey, an 85-unit luxury apartment complex in Hudson near the Twin Cities. The $15 million project is slated to open in fall 2021. Amenities will include a coffee and wine bar, dog park, communal workspace and fitness center. The project’s name comes from Louis Massey, the founder of Hudson. The Massey will be the first luxury apartment property in Hudson, according to the developer.

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IllinoisLeasing ActivityMidwestOffice

JBS Commercial Real Estate Negotiates 18,595 SF Office Lease Transaction in Arlington Heights

by Kristin Harlow

ARLINGTON HEIGHTS, ILL. — JBS Commercial Real Estate has negotiated an 18,595-square-foot office lease at 3930 Ventura Blvd. in Arlington Heights, a northwest suburb of Chicago. Jason Shibata and Brian Silverman of JBS represented building ownership, Pal Group Inc. Avison Young represented the tenant, Sonoco Protective Solutions, which provides a myriad of packaging solutions to protect products in the automotive, electronics, appliances, medical and office furniture industries. The company, which maintains nearly 30 locations in North America, will use the new space for a regional sales and administrative office. The 57,000-square-foot, single-story office building is now 80 percent leased.

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