Property Type

FORT WORTH, TEXAS — Locally based brokerage firm LanCarte Commercial has arranged the sale of a 47,000-square-foot industrial portfolio in Fort Worth. The portfolio comprises two buildings that are located at 4608 Fairlane Ave. and 4700 S. Edgewood Terrace. Finn Wilson and Sarah LanCarte of LanCarte Commercial represented both the undisclosed seller and the buyer, Faropoint, in the transaction. LanCarte has also been retained as the buildings’ leasing agent.

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BEDFORD, MASS. — A joint venture between Anchor Line Partners and Alloy Properties has refinanced The Core at Crosby, a 615,305-square-foot office and life sciences campus in Bedford, a northwestern suburb of Boston. Berlin Hyp, the commercial real estate finance arm of LBBW, provided the debt for the nine-building campus, which is anchored by software provider AspenTech. Robert Griffin, David Douvadjian Sr., David Douvadjian Jr., Timothy O’Donnell, Edward Maher and Matthew Pullen of Newmark arranged the debt on behalf of the joint venture.

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Eastpoint-at-Exit-8A-Monroe-Township-New-Jersey

MONROE TOWNSHIP, N.J. — CBRE has brokered the sale of Eastpoint at Exit 8A, a 450,330-square-foot industrial building in Monroe Township, located in Central New Jersey. Built in 2018, the facility features a cross-dock configuration, clear height of 36 feet and 11,000 square feet of office space. Brian Fiumara and Brad Ruppel of CBRE represented the seller, Morgan Stanley, in the transaction, and procured the buyer, Property Reserve Inc. The building was fully leased at the time of sale to Iron Mountain Information Management.

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2121-Wheatsheaf-Lane-Philadelphia

PHILADELPHIA — JLL has arranged a $46 million loan for the refinancing of a 287,218-square-foot industrial facility in northeast Philadelphia. The facility sits on a 21.3-acre site at 2121 Wheatsheaf Lane and features a clear height of 40 feet, 36 dock doors, two drive-in doors and parking for 65 trailers and 258 cars. An undisclosed life insurance company provided the three-year, fixed-rate loan to the owner, Greek Real Estate Partners, which broke ground on the facility in late 2023.

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PARSIPPANY, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated the $10 million sale of a 131,346-square-foot office building in the Northern New Jersey community of Parsippany. The building sits on an eight-acre site at 959 U.S. Route 46. Tom Scatuorchio and Matt Weilheimer of Kislak represented the buyer and seller, both of which requested anonymity, in the transaction.

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NORTH PALM BEACH, FLA. — Blueprint Capital Markets has arranged the refinancing of an assisted living and memory care community located in North Palm Beach in South Florida. Alta Senior Living is the borrower. The property totals 100 units and recently underwent a capital expenditure, operational turnaround and lease-up process. The undisclosed lender has provided a non-recourse bridge-to-HUD loan for an undisclosed amount. Kristen Ahrens, Pat Maloney and Ben Firestone of Blueprint secured the loan on behalf of Alta Senior Living.

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Estia-Roseville-Apts-CA.jpg

ROSEVILLE, CALIF. — Affiliates of Zilber Residential Group and Homes by Towne have completed Estia Roseville, a 209-unit multifamily community located in the greater Sacramento area. Located at 6350 Baseline Road, Estia Roseville consists of one- and two-bedroom and cottage-style apartments ranging in size from 709 to 1,083 square feet. Units feature private entrances, 10-foot ceilings, walk-in closets, individual washers and dryers, stainless steel appliances and private, fenced-in backyards with built-in doggie doors. Community amenities include a dog park, pet spa, swimming pool, 24-hour fitness center and a dedicated yoga studio.

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11418-Missouri-Ave-LA-CA

LOS ANGELES — Colliers has brokered the sale of 11418 Missouri Avenue, a 44-unit affordable multifamily property located in the Sawtelle neighborhood of West Los Angeles. Generation Real Estate Partners and Eris Development sold the asset to an undisclosed buyer for $16.6 million, or $718 per square foot. Kitty Wallace and Andrew Eberhard of Colliers represented the sellers in the deal. Completed in 2025, the four-story property features a rooftop amenity space, solar panels, onsite laundry facilities, fitness amenities and bicycle storage. The project was one of the first developments under Executive Directive 1, a program introduced in December 2022 to accelerate the production of 100 percent affordable housing.

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ORANGE, CALIF. — Faris Lee Investments has brokered the $10 million sale of a value-add retail property located in Orange. The asset traded for $209 per square foot. Nike Miller of Faris Lee Investments represented the seller and buyer in the transaction. The property was held by the same ownership family since 1964. The name of the buyer was not disclosed.

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1409-Sutter-St-San-Fran-CA

SAN FRANCISCO — CBRE has negotiated the $7.3 million sale of Sutter Mansion, a boutique hotel located at 1409 Sutter St. in San Francisco’s Japantown/Pacific Heights area. Alex Lee-Bull and Lauren Lamb of CBRE Hotels represented the seller, a partnership between Cape Town and San Francisco-based branded residential and hospitality group Neighbourgood. The buyer was confidential. Originally built in 1881 and renovated in 2019, Sutter Mansion is a Grand Victorian-style estate featuring 12 oversized guestrooms averaging 400 square feet, as well as a restaurant and bar, two commercial kitchens, event space and onsite parking.

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