Friday, July 24, 2026
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MultifamilyWashingtonWestern

Acacia Capital Corp. Purchases Campbell Run Apartments in Woodinville for $98M

by Nellie Day

WOODINVILLE, WASH. — Acacia Capital Corp. has purchased the 360-unit Campbell Run apartments in Woodinville for $98 million. The community is located at 13305 N.E. 171st St., just outside downtown Seattle and the Eastside Tech Corridor. It was built in 1989 and renovated in 2014. Campbell Run is the second largest garden-style apartment community to sell this year on the Eastside in terms of both sales price and number of units, according to the new owner. The seller was Grosvenor Americas, while the property manager was Thrive Communities. Philip Assouad and Giovanni Napoli of Kidder Mathews brokered the transaction.

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ColoradoHospitalityLoansWestern

Columbia Sussex Corp. Receives $70M Loan for Hyatt Regency Denver Tech Center

by Nellie Day

DENVER — Columbia Sussex Corp. has received a $70 million loan to finance the 451-room Hyatt Regency Denver Tech Center. The hotel is located at 7800 E. Tufts Ave. in the Technological Center submarket of Southeast Denver. The area is home to about 11 million square feet of office space and about 1,000 companies. Hyatt Regency Denver Tech Center features 29,600 square feet of function space, a 533-space parking garage, the Root25 Taphouse & Kitchen, Perks coffee shop, Hyatt StayFit fitness center and an indoor swimming pool with outdoor sun deck. The hotel has operated as a Hyatt Regency since it was built in 1985. It recently underwent a $12.5 million renovation to transform the lobby, upgrade the common areas and introduce the signature restaurant and lounge. Rob Rubano and Greg Stampley of Eastdil Secured arranged the financing. Square Mile Capital Management LLC originated the transaction, and brought in Natixis to acquire the $52.5 million senior mortgage component of the debt. Columbia Sussex acquired the asset from JMI Realty.

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ColoradoMixed-UseOfficeRetailWestern

Mixed-Use Project in Colorado Sells for $1.3M

by Nellie Day

PARKER, COLO. – An unnamed buyer has purchased a 6,406-square-foot mixed-use property in Parker for $1.3 million. The property is located at 18575 Stage Run Road. It consists of retail and office space. The new owner plans to relocate an existing hair salon to the center, as well as add a full-service spa. Construction is set to commence immediately for the new tenants. Mitch Trevey and Nick Nickerson of Trevey Land and Commercial represented the seller, Martinez Global International, in this transaction.

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IndustrialNew YorkNortheast

Monmouth Real Estate Purchases 338,584 SF Industrial Building in Hamburg, New York, for $35.1M

by Amy Works

HAMBURG, N.Y. — Monmouth Real Estate Investment Corp. has acquired an industrial building located at 3779 Lake Shore Road in Hamburg. An undisclosed seller sold the property for $35.1 million. Situated on 49 acres, the 338,584-square-foot facility is net leased for 15 years to FedEx Ground Packaging System Inc.

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HospitalityNortheastRhode Island

Omni Providence Hotel Completes $15M Renovation in Rhode Island

by Amy Works

PROVIDENCE, R.I. — The Omni Provident Hotel has completed a $15 million renovation program to its West tower. Renovations at the 564-room hotel, located at 1 W. Exchange St. in Providence, include guest rooms, landings and public spaces receiving fresh designs that complement elements of local New England flair. Each guest room features new vinyl wallcoverings and carpeting, custom bedding and drapery, plush seating, artwork and modern decorative lighting. Upgrades to the guest room bathrooms include new vanities, wallcoverings, illuminated mirrors, and new finishes and materials. Additionally, the guest corridors and elevator lobbies received new carpeting, furnishing, wallcoverings, paint, contemporary light fixtures and artwork.

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LoansNew JerseyNortheastOffice

Deerwood Closes $11M Bridge Loan for 120,000 SF Office Building in Warren, New Jersey

by Amy Works

WARREN, N.J. — Deerwood Real Estate Capital has closed an $11 million non-recourse bridge loan for an office building located in Warren. The loan was funded at nearly 80 percent of the purchase price with an additional future funded amount of 100 percent of leasing cost and capital expenses. The 120,000-square-foot property is occupied by multiple tenants. Yaakov Leiser of Deerwood negotiated the loan for the undisclosed borrower.

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565-main-st-walpole-ma
MassachusettsNortheastRetail

RK Centers Acquires Stop & Shop Ground Lease in Walpole, Massachusetts, for $6.3M

by Amy Works

WALPOLE, MASS. — RK Centers has acquired a 12.5-acre ground lease of a Stop & Shop in Walpole for $6.3 million. Located at 565 Main St., the ground-lease property includes a freestanding 75,096-square-foot Stop & Shop grocery store. Constructed in 2002, the building also features an in-store Citizens Bank and the site has 398 parking spaces. Geoffrey Millerd and Justin Smith of NGKF Capital Markets represented the buyer in the deal. The name of the seller was not released.

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inland-cvs-portfolio
IllinoisMidwestRetail

Inland Real Estate Acquisitions Buys 24 CVS/pharmacy Properties in 14 States for $116M

by Amy Works

OAK BROOK, ILL. — Oak Brook-based Inland Real Estate Acquisitions, acting on behalf of an Inland affiliate, has arranged the acquisition of 24 newly developed CVS/pharmacy properties across 14 states for $116 million. Totaling 276,466 square feet, the properties are located in Arkansas, Georgia, Illinois, Kentucky, Louisiana, Michigan, Minnesota, New York, Ohio, Pennsylvania, South Carolina, Texas, Virginia and Wisconsin. Joe Cosenza of The Inland Real Estate Group and Inland Real Estate Acquisitions facilitated the acquisition for the buyer.

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university-chicago-portfolio-il
IllinoisMidwestMultifamilyStudent Housing

HFF Arranges Sale of 11-Property, Five-Land Site Housing Portfolio in Chicago

by Amy Works

CHICAGO — HFF, acting on behalf of University of Chicago, has arranged the sale of a housing portfolio that includes 11 properties and five land sites in Chicago. Pioneer Acquisitions LLC acquired the 394-unit housing portfolio free and clear of existing debt for an undisclosed price. The portfolio includes six graduate student housing properties, four faculty/staff buildings, one retail property and five land sites. The properties have a total of 520 beds and approximately 272,593 square feet with residential units averaging 692 square feet. Located in Chicago’s Hyde Park, the properties are within walking distance of campus and six miles south of Chicago’s central business district. Michael Higgins and Brian Kelly of HFF represented the seller in the deal.

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