Property Type

Cushman & Wakefield | Thalhimer Negotiates $8.9M Sale of Retail Strip Center in Chester, Virginia

by Abby Cox November 10, 2025

CHESTER, VA. — Cushman & Wakefield | Thalhimer has negotiated the $8.9 million sale of The Shoppes at River Forest, a 30,070-square-foot, unanchored retail center located along Iron Bridge Road in Chester. Catharine Spangler of Thalhimer’s Capital Markets Group represented the seller, Prudent Growth Partners, in the transaction. Originally constructed in 2007 on roughly 3.7 acres, the property was 95 percent leased at the time of sale to 12 tenants including GameStop, Sweet Frog, State Farm and the U.S. Marine Corps.

November 10, 2025

Acquisitions Georgia Retail Southeast

Columbia Properties Acquires 75,947 SF Grocery-Anchored Shopping Center in Metro Atlanta

by Abby Cox November 10, 2025

LITHIA SPRINGS, GA. — Columbia Properties has acquired Village at Westfork, a 75,947-square-foot, grocery-anchored shopping center located in Lithia Springs, roughly 20 miles west of downtown Atlanta. Jim Hamilton, Brad Buchanan, Andrew Kahn and Charlie Merrigan of JLL represented the seller, KPR Centers, in the transaction. The purchase price was $14.2 million. Built in 1994, Village at Westfork comprises 12 tenant suites and was fully leased at the time of sale. A 54,322-square-foot Kroger anchors the property, which also houses JPMorgan Chase, The UPS Store, H&R Block and Cricket Wireless.

November 10, 2025

Company News Development Georgia Loans Multifamily Southeast

Vista Residential, Virtus Secure Construction Financing for 304-Unit Apartment Development in Metro Atlanta

by Abby Cox November 10, 2025

MABLETON, GA. — A partnership between Vista Residential Partners and Virtus Real Estate Group has secured construction financing for Mill Grove Vista, a 304-unit, garden-style apartment development located in Mableton, approximately 14 miles west of downtown Atlanta in Cobb County. The multifamily community will sit at the heart of a future 23.6-acre mixed-use development that will feature a civic building, townhomes and retail space, along with Mill Grove Vista. Nationwide Mutual Insurance Co. will provide financing for the project. Apex Multifamily Construction, a Vista affiliate, will serve as general contractor. Mill Grove Vista will feature a mix of one-, two- and three-bedroom apartments across 12 residential buildings. The average unit size will total roughly 917 square feet. Amenities at the community will include a fitness center, resort-style swimming pool, clubroom with a coffee bar, coworking spaces, parcel room, dog park and a playground. Vertical construction on Mill Grove Vista is anticipated to start early next year, with completion scheduled for the end of 2027.

November 10, 2025

Georgia Leasing Activity Office Southeast

Colliers Arranges 125,500 SF Office Headquarters Lease Renewal in Duluth, Georgia for AGCO

by Abby Cox November 10, 2025

DULUTH, GA. — Colliers has arranged a 125,500-square-foot office headquarters lease renewal in Duluth for AGCO Corp., a company that designs, manufactures and distributes agricultural machinery and precision technology. The two-story corporate campus is located at 4205 River Green Parkway in metro Atlanta’s Gwinnett County and acts as the company’s global headquarters. Deming Fish, Emily Richardson and Mark Maggard of Colliers represented the landlord, Orion Properties, in the lease negotiations.

November 10, 2025

Acquisitions Industrial New Jersey Northeast

FRP Holdings Buys 140,031 SF Warehouse in Parsippany, New Jersey

by Taylor Williams November 10, 2025

PARSIPPANY, N.J. — FRP Holdings (NASDAQ: FRPH), an investment firm with offices in Baltimore and Jacksonville, has purchased a 140,031-square-foot warehouse in the Northern New Jersey community of Parsippany. Logistics Center at Parsippany is a newly built facility that sits on a 10.5-acre site. Altman Logistics Properties, a South Florida-based investment firm formerly known as BBX Capital, developed the property, and FRP Holdings acquired the asset as part of a larger portfolio deal encompassing Altman’s entire development pipeline. The sales price was not disclosed.

November 10, 2025

Acquisitions Industrial New Hampshire Northeast

JLL Brokers $7.7M Sale of Three Industrial Buildings in Salem, New Hampshire

by Taylor Williams November 10, 2025

SALEM, N.H. — JLL has brokered the $7.7 million sale of three industrial buildings totaling roughly 55,000 square feet in Salem, located near the Massachusetts-New Hampshire border. The shallow-bay buildings, which were all fully leased at the time of sale, feature clear heights of 17 to 20 feet, tailboard and drive-in loading doors and approximately 15 percent office space in each building. Tommy Hovey, Michael Restivo and David Coffman of JLL represented the undisclosed seller in the transaction. The buyer was an entity doing business as JBCM LLC.

November 10, 2025

Acquisitions Colorado Multifamily Western

Seminole Real Estate Fund Buys Denver Apartment Complex for $125.6M

by Amy Works November 10, 2025

DENVER — Seminole Real Estate Fund has acquired Raleigh at Sloan’s Lake, a multifamily community in Denver, from Hines for $125.6 million, or approximately $504,417 per unit. Terrance Hunt, Shane Ozment, Chris Hart and Brad Schlafer of CBRE represented the seller in the transaction. Delivered in 2020, Raleigh at Sloan’s Lake features 249 studio, one- and two-bedroom apartments averaging 994 square feet. The residences offer stainless steel appliances, gas ranges, floor-to-ceiling windows and large walk-in closets. Community amenities include the Sky Lounge rooftop patio and lounge, a dining room and full kitchen, as well as a resort-style pool and fitness center, coworking spaces and a pet spa. Additionally, the property features 4,192 square feet of ground-floor retail space, which is fully leased to Livewell Animal Hospital.

November 10, 2025

Industrial Leasing Activity Lee & Associates New Jersey Northeast

Lee & Associates Negotiates 88,620 SF Industrial Lease in Edison, New Jersey

by Taylor Williams November 10, 2025

EDISON, N.J. — Lee & Associates has negotiated an 88,620-square-foot industrial lease in the Central New Jersey community of Edison. The space is located within the Raritan Center business park and features 32-foot clear ceilings, 17 loading docks and an ESFR sprinkler system. Claudia Ganas, Monica Franco and Ana Carolina DeAraujo of Lee & Associates represented the tenant, an undisclosed freight forwarding company, in the lease negotiations. Vincent Visceglia internally represented the landlord, Summit Associates.

November 10, 2025

Acquisitions Arizona Multifamily Western

Embrey Sells 266-Unit Multifamily Property in Scottsdale, Arizona for $110M

by Amy Works November 10, 2025

SCOTTSDALE, ARIZ. — Embrey has completed the disposition of The Quincy at Kierland, an apartment community in Scottsdale, to Stockdale Capital Partners for $110 million, or $414,474 per unit. Steve Gebing and Cliff David of Institutional Property Advisors (IPA), a division of Marcus & Millichap, represented the seller and procured the buyer in the deal. Completed in 2024, The Quincy at Kierland offers 266 apartments with high ceilings, engineered hardwood flooring, separate laundry rooms and smart-home technology. Community amenities include a centralized courtyard with a swimming pool and spa and a fitness center with indoor and outdoor accessibility.

November 10, 2025

Acquisitions California Loans Multifamily Seniors Housing Western

Berkadia Arranges Sale, Financing of Two Seniors Housing Communities in Southern California

by Amy Works November 10, 2025

SAN DIEGO AND LOS ANGELES — Berkadia has arranged the sale and financing of two senior living communities located in Southern California. Situated within suburbs of San Diego and Los Angeles, respectively, the properties include an 84-unit assisted living community and a 72-unit memory care community. Together, the communities were roughly 90 percent occupied at the time of financing. Mike Garbers, Cody Tremper, Ross Sanders and Dave Fasano of Berkadia brokered the sale on behalf of the seller, a private owner. Ed Williams and Steve Muth of Berkadia secured acquisition financing through Berkadia’s proprietary lending group on behalf of the undisclosed buyer. The bridge-to-HUD loans feature interest-only payments for 24 months.

November 10, 2025

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