Property Type

CBRE Brokers $27.7M Sale of Office Complex in Glastonbury, Connecticut

by Taylor Williams February 25, 2026

GLASTONBURY, CONN. — CBRE has brokered the $27.7 million sale of an office complex within the Somerset Square mixed-use development in Glastonbury, located just southeast of Hartford. The two-building, 185,000-square-foot complex was 95 percent leased at the time of sale to 38 tenants, including Wells Fargo, Merrill Lynch and RBC Capital Advisors. John McCormick, Anna Kocsondy, Jeffrey Dunne and Steve Bardsley of CBRE represented the undisclosed seller in the transaction. The buyer was a New York-based entity doing business as Unified Holdings of Glastonbury LLC.

February 25, 2026

Acquisitions California Development Industrial Western

Jensen Infrastructure Buys 100-Acre Site for Build-to-Suit Manufacturing Project in Lancaster, California

by Amy Works February 25, 2026

LANCASTER, CALIF. — Jensen Infrastructure, a provider of construction and engineering solutions since 1968, has acquired a 100-acre site at the northeast corner of 30th Street and Avenue G in Lancaster from Northpoint for $46 million. Jensen has retained Proficiency Capital to develop a 400,000-square-foot regional manufacturing facility on the site. Jensen will use the facility to serve all of Southern California and portions of Nevada. Construction is slated to commence in first-quarter 2026 with completion scheduled for March 2027. Fullmer Construction is serving as general contractor for the development. Hunter McDonald of JLL represented Jensen Infrastructure in the acquisition.

February 25, 2026

Acquisitions California Office Western

Barker Pacific Group Acquires 179,537 SF The Quad Office Campus in Carlsbad, California

by Amy Works February 25, 2026

CARLSBAD, CALIF. — Barker Pacific Group (BPG) has purchased The Quad, a Class A office campus in Carlsbad from Regent Properties for an undisclosed price. Aric Starck and Drew Dobbs of Cushman & Wakefield represented the seller in the deal. Matty Sundberg of CBRE provided leasing advisory support. Located at 5740, 5750, 5760 and 5770 Fleet St., The Quad features 179,537 square feet of office and R&D space spread across four two-story buildings with typical floor plates between 21,000 square feet and 24,500 square feet. At the time of sale, The Quad was 73 percent occupied. Current tenants include Jazz Pharmaceuticals, Arlo, Rueb Stoller Daniel and Islands Restaurants. BPG has assumed management of the property, which was built in 1999, and plans to enhance the campus with the addition of pickleball courts and a refreshed building aesthetic. Existing amenities include bike racks, electric vehicle charging stations, a fitness facility with locker rooms and showers, outdoor patio seating, a bocce ball court and table tennis, public Wi-Fi, ocean views, exterior balconies in select suites and onsite property management.

February 25, 2026

Acquisitions New York Northeast Office Retail

Resolution Real Estate Arranges $9.4M Sale of Midtown Manhattan Office, Retail Building

by Taylor Williams February 25, 2026

NEW YORK CITY — Resolution Real Estate, a member of NAI Global, has arranged the $9.4 million sale of an 18,500-square-foot office and retail building in Midtown Manhattan. The seven-story building at 5 E. 47th St. was completed in 1920 and was vacant at the time of sale. Jonata Dayan and Jeffrey Zund of Resolution Real Estate represented the buyer, Liberty Bagels, which plans to occupy about half the space, in the transaction. David Schectman, Abbe Kassin and Lipa Lieberman of Meridian Capital Group represented the seller, private investor Walter Samuels.

February 25, 2026

Acquisitions Industrial Self-Storage Washington Western

InSite Property Group Purchases 621-Unit Tukwila Self Storage Facility in Washington

by Amy Works February 25, 2026

TUKWILA, WASH. — InSite Property Group has acquired Tukwila Self Storage, a 53,200-square-foot self-storage facility in Tukwila. Terms of the transaction were not disclosed. Located at 5950 Southcenter Blvd., Tukwila Self Storage features 621 climate-controlled units. Jacob Becher, Nat Fliflet, Dan Haddock and Harrison Cohen of Colliers represented InSite in the acquisition.

February 25, 2026

California Loans Multifamily Western

PSRS Arranges $5.7M Refinancing for Two-Building Multifamily Portfolio in San Diego

by Amy Works February 25, 2026

SAN DIEGO — PSRS has arranged the $5.7 million refinance of a two-property multifamily portfolio in San Diego. Totaling 24 units, the portfolio consists of an eight-unit building and a 16-unit complex, both of which have undergone interior and exterior renovations as recent as 2020. Trevan Swierczewski and Alexander Santulis of PSRS executed the internal refinance with the existing bank lender, negotiating a prepayment penalty reduction to capture a dip in Treasuries. The resulting nonrecourse loan features a five-year, fixed-rate term and competitive interest-only pricing.

February 25, 2026

Leasing Activity New Jersey Northeast Office

Tilcon Signs 35,000 SF Office Lease Extension in Parsippany, New Jersey

by Taylor Williams February 25, 2026

PARSIPPANY, N.J. — Tilcon has signed a 35,000-square-foot office lease extension in the Northern New Jersey community of Parsippany. The provider of construction materials will remain a tenant at the 200,000-square-foot building at 9 Entin Road. Josh Cohen and Ben Brenner of Cushman & Wakefield represented the tenant in the lease negotiations. Jamie Drummond, Andrew Perrotti and Luke Reid of Newmark represented the landlord, American Equity Partners.

February 25, 2026

Development Midwest Mixed-Use Multifamily Office Ohio

Nationwide Realty Investors to Redevelop 18-Story Office Tower in Columbus into Mixed-Use Destination

by Kristin Harlow February 25, 2026

COLUMBUS, OHIO — Nationwide Realty Investors has unveiled plans to redevelop the 18-story office tower at 280 High, formerly known as Two Nationwide Plaza, in downtown Columbus. In celebration of Nationwide’s 100-year anniversary, the building will be renamed The Centennial on High. Residential plans call for 148 upscale units across 15 floors, including a newly created penthouse level. Each residential floor will feature five balcony-adorned units. Amenities will include a fitness center, lounge, clubroom and a courtyard along High Street positioned 15 feet below plaza level. The project will also preserve and enhance the building’s office component, with approximately 75,000 square feet of dedicated office space. Anchor tenants include Carpenter Lipps LLP and the Ohio Farm Bureau. Nationwide began 100 years ago as the Farm Bureau Mutual Automobile Insurance Co. serving Ohio farmers. The commercial spaces are operational today, and Nationwide Realty Investors anticipates completing the first residences by mid-2027.

February 25, 2026

Acquisitions Loans Midwest Multifamily Wisconsin

Berkadia Arranges $69M in Acquisition Financing for Two Multifamily Properties in Wisconsin

by Kristin Harlow February 25, 2026

PLEASANT PRAIRIE, WIS. — Berkadia has arranged the sale and $69 million in acquisition financing for Cobblestone Creek and Fountain Ridge, two multifamily properties in Pleasant Prairie within Kenosha County. Pete Evans and Richard Evans of Berkadia represented the undisclosed seller, while Laura Cathlina, Chris Blechschmidt and Emily Stang of Berkadia arranged Freddie Mac financing on behalf of the buyer, Illinois-based Santefort Real Estate Group. Cobblestone Creek is a four-building, 164-unit community built from 2013 to 2015. Fountain Ridge consists of 262 units across 13 buildings and was built from 2017 to 2019. Both properties have been consistently fully occupied and present value-add upside, according to Berkadia.

February 25, 2026

Acquisitions Healthcare New Hampshire Northeast

BGO Acquires 30,000 SF Healthcare Clinic in Londonderry, New Hampshire

by Taylor Williams February 25, 2026

LONDONDERRY, N.H. — BGO, the institutional investment firm formerly known as BentallGreenOak, has acquired a 30,000-square-foot healthcare clinic in Londonderry, located near the Massachusetts-New Hampshire border. Known as Lahey Medical Center, the building was completed in 2025 as a purpose-built facility for regional provider Beth Israel Lahey Health. Practices housed within the facility include oncology, infusion, cardiology, gastroenterology and neurology.

February 25, 2026

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