Saturday, June 27, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

AcquisitionsIndustrialMidwestOhio

TradeLane Properties Acquires Capital Center Industrial Park in Cincinnati for $51.3M

by Kristin Harlow

CINCINNATI — TradeLane Properties has acquired Capital Center Industrial Park, a 14-building portfolio of light industrial assets in Cincinnati. The purchase price was $51.3 million. Spanning 896,523 square feet, the industrial park is 93.5 percent leased to 65 tenants. Mostly completed in the 1970s, the buildings have received substantial capital improvements over time. John Huguenard, Kurt Sarbaugh and Mark Volkman of JLL Capital Markets represented the seller, Dalfen Industrial. Erin Casey and Drew Wall of Colliers International have been selected as the listing agents for the properties.

Continue Reading
FacebookTwitterLinkedinEmail
Heritage-Deer-Valley-Phoenix-AZ
AcquisitionsArizonaMultifamilyWestern

Millburn & Co. Acquires Heritage at Deer Valley Apartments in Phoenix for $178.5M

by Amy Works

PHOENIX — Salt Lake City-based Millburn & Co. has purchased Heritage at Deer Valley, a multifamily community located at 3010 W. Yorkshire Drive in Phoenix. West Palm Beach, Fla.-based Priderock Capital Partners sold the asset for $178.5 million. Built in two phases in 1996 and 2000, Heritage at Deer Valley features 832 apartments in a mix of one-, two- and three-bedroom units. Community amenities includes three resort-style pools, two spas, two sand volleyball courts, a 24-hour fitness center, dance studio, resident clubhouse, two outdoor playgrounds, a dog park, putting green and several barbecue and picnic areas. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of CBRE’s Phoenix Multifamily Institutional Properties represented the seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsColoradoHealthcareLeasing ActivityNet LeaseOfficeWestern

Avison Young Capital Markets Negotiates $57M Sale-Leaseback of Wellness Campus Near Vail, Colorado

by Amy Works

EDWARDS, COLO. — Avison Young Capital Markets has arranged the sale-leaseback of All Points North Lodge, a comprehensive wellness and treatment campus in Edwards, approximately 20 minutes west of Vail. WC Acquisition Holdings LLC acquired the asset from All Points North Lodge (APN Lodge) for $57 million. The seller will lease back the building as part of a long-term deal. Opened in March 2020, the 77,000-square-foot facility offers addiction and mental health treatments, trauma therapy, crisis management, coaching and personal development workshops, concierge medicine, athletic performance programs and advanced practices and activities. The patient-centered facility recently underwent a $20 million improvements program. Jonathan Hipp, Richard Murphy, Stan Wyrwicz and Rich Egitto of Avison Young Capital Markets represented the seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
Hotel-Indigo-Denver-CO
AcquisitionsColoradoHospitalityLoansWestern

PCCP Provides $30.2M Acquisition Loan for Hotel Indigo in Downtown Denver

by Amy Works

DENVER — PCCP has provided a $30.2 million loan to Colorado-based McWhinney for the acquisition of Hotel Indigo Denver Downtown, a full-service hotel located at 1801 Wewatta St. in Denver. Built in 2017 as part of the Union Tower West Development, the hotel features 180 guest rooms, 1,400 square feet of meeting space, a fitness center, business center and small pantry shop. Additionally, the hotel includes an 85-seat restaurant that the new ownership will re-concept to cater to both hotel visitors and local customers.

Continue Reading
FacebookTwitterLinkedinEmail
Hyatt-House-Beaverton-OR
DevelopmentHospitalityOregonWestern

NewcrestImage, Canterbury Hotel Group Open 125-Key Hyatt House Portland/Beaverton

by Amy Works

BEAVERTON, ORE. — A joint venture between Dallas-based NewcrestImage and Portland-based Centerbury Hotel Group has opened Hyatt House Portland/Beaverton. The hotel is located at 12820 SW Crescent St. in Beaverton, approximately seven miles west of downtown Portland. Situated in the downtown area, the property features 125 guest rooms, including 13 apartment-style suites with fully equipped kitchens and separate living spaces. Additional hotel amenities include two indoor lounges, an outdoor patio and barbecue area, 635-square-foot meeting room, 24-hour gym and mini-market. The Hyatt House in Beaverton marks the first joint venture for the companies. NewcrestImage currently owns and operates 30 hotels nationwide, and Canterbury Hotel Group has a portfolio of 10 hotels in the Pacific Northwest.

Continue Reading
FacebookTwitterLinkedinEmail
5-S-5100-West-Salt-Lake-City-UT
AcquisitionsIndustrialUtahWestern

Industrial Outdoor Ventures Enters Salt Lake City Market, Buys Vacant Warehouse

by Amy Works

SALT LAKE CITY — Industrial Outdoor Ventures (IOV) has purchased a vacant industrial facility located at 5 S. 5100 West in Salt Lake City. Standlee Premium Western Forage sold the asset for an undisclosed price. Situated on 23.2 acres and zoned M-1, the property features a 66,900-square-foot warehouse equipped with 11 dock doors and 2,000-square-foot of office space. IOV plans to make major site improvements to 16 acres of the property’s land area including grading, paving, fencing and site lighting. Additionally, the buyer plans to paint the exterior of the building, upfit warehouse lighting and prepare the office space for tenants. The transaction marks IOV’s entry to the Salt Lake City market. Mike Farmer and Phillip Eilers of Cushman & Wakefield brokered the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
IndianaLoansMidwestMultifamilySeniors Housing

Greystone Provides $23.8M HUD-Insured Loan for Refinancing of Seniors Housing Asset in Elkhart, Indiana

by Kristin Harlow

ELKHART, IND. — Greystone has provided a $23.8 million HUD-insured loan for the refinancing of a newly expanded, 220-unit seniors housing and healthcare campus in Elkhart. Lisa Fischman of Greystone originated the loan on behalf of nonprofit Hubbard Hill Retirement Community. Located on 70 acres, Hubbard Hill offers independent living, assisted living, long-term skilled nursing and short-term rehab as well as the Living Wisdom Center for Dementia. The 232/223(a)(7) loan refinances the skilled nursing, assisted living and memory care portion of the campus. The loan carries a 30-year term with a fixed interest rate.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsConnecticutMultifamilyNortheast

IPA Negotiates Sale of 135-Unit West Gate Townhomes in New Haven, Connecticut

by Taylor Williams

NEW HAVEN, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of West Gate Townhomes, a 135-unit multifamily property in New Haven. Built on 10 acres in 1947, the community is located about four miles from Yale University and features one- and two-bedroom units. Victor Nolletti, Eric Pentore and Wes Klockner of IPA represented the seller, Eagle Rock Advisors LLC, and procured the buyer, West Gate Ventures LLC. The sales price was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
IllinoisIndustrialLeasing ActivityMidwest

Conor Completes Lease-up of 185,882 SF Industrial Building in Elgin, Illinois

by Kristin Harlow

ELGIN, ILL. — Conor Commercial Real Estate has completed the lease-up of Building Two at Northwest Pointe III in Elgin. Continental Packaging leased 48,360 square feet on the west side, while an undisclosed plastics company leased 137,522 square feet on the east side. Both companies will use the property for warehouse and office space. Ken Franzese and John Cassidy of Lee & Associates represented Conor in the lease transactions. Dan Benassi of Entre Commercial Realty represented the plastics company while Jimmy Kowalczyk and David Saad of CBRE represented Continental Packaging. The 163,080-square-foot Building One is still available. Northwest Pointe III is Conor’s third development within Northwest Corporate Park.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestRetail

Thompson Thrift Retail Group Sells Shopping Center Near Indianapolis for $3.7M

by Kristin Harlow

MATTOON, ILL. — Thompson Thrift Retail Group (TTRG) has sold The Shops at Mattoon Marketplace for $3.7 million. The 9,800-square-foot retail center is located in Mattoon near Indianapolis. It is fully leased to Starbucks, Jersey Mike’s, Great Clips, AT&T and OSF Healthcare. Thompson Thrift developed the property in 2017. Emily Gadomski and Rick Drogosz of Mid-America Real Estate Corp. represented TTRG in the sale. Matt Brooks of Faris Lee Investments represented the undisclosed buyer.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts