Saturday, February 7, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Property Type

AcquisitionsIndianaMichiganMidwestOhioRetail

SpartanNash Acquires 49-Store Fresh Encounter Supermarket Chain in Midwest

by Kristin Harlow

GRAND RAPIDS, MICH.— Grand Rapids-based food solutions company SpartanNash has acquired Fresh Encounter Inc. (FEI), a 49-store supermarket chain with locations in Ohio, Indiana and Kentucky. This move expands SpartanNash’s retail footprint by 33 percent and marks the company’s second retail acquisition this year, following its purchase of Metcalfe’s Market in April. FEI operates stores under the banners Community Markets, Remke Markets, Chief Markets and Needler’s Fresh Market, and has been a food distribution customer of SpartanNash for 58 years. The transaction is expected to close in late November, subject to customary conditions.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestRetail

Mid-America Arranges Sale of 54,147 SF Retail Center in Geneva, Illinois

by Kristin Harlow

GENEVA, ILL. — Mid-America Real Estate Corp. has arranged the sale of Randall Square Shops in Geneva, about 40 miles west of Chicago. The sales price was undisclosed. The 54,147-square-foot retail center is home to McAlister’s Deli, Hand and Stone Massage, For Eyes, Men’s Wearhouse, Golf Tec, Milan Laser and Popeye’s. Joe Girardi and Emily Gadomski of Mid-America represented the seller, Viking Partners. Chicago-based Northpond Partners was the buyer.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestMinnesotaMultifamily

Marcus & Millichap Negotiates Sale of 103-Unit Wheelock Parkway Apartments in St. Paul

by Kristin Harlow

ST. PAUL, MINN. — Marcus & Millichap has negotiated the sale of Wheelock Parkway Apartments in St. Paul for an undisclosed price. Located at 1609 N. Woodbridge St., the property features 44 one-bedroom units and 59 two-bedroom units across 85,580 rentable square feet. Amenities include an outdoor pool, laundry facilities, picnic areas, a walking path and playground. Constructed between 1965 and 1967, the community is situated near Como Park Zoo and Rosedale Center. Chris Collins, Evan Miller, Eric Wagner, Matthew Shide and Zack Olson of Marcus & Millichap represented the seller, a Minnesota-based limited liability company, and procured the undisclosed buyer.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisIndustrialMidwest

Brown Commercial Group Brokers Sale of 18,500 SF Industrial Building in Batavia, Illinois

by Kristin Harlow

BATAVIA, ILL. — Brown Commercial Group has brokered the sale of an 18,500-square-foot industrial building in the Chicago suburb of Batavia for an undisclosed price. Dan Brown of Brown Commercial Group represented the seller, Robart Manufacturing. Luke Dummitt of Brown Commercial Group represented the buyer, Acevision, an ultrasound sales, parts and repair provider. The company is expanding from its 9,000-square-foot lease in St. Charles, Ill.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestRestaurantRetail

Boulder Group Arranges $3.1M Sale of Andy’s Frozen Custard-Occupied Property in Illinois

by Kristin Harlow

SAINT CHARLES, ILL. — The Boulder Group has arranged the $3.1 million sale of a 2,090-square-foot property net leased to Andy’s Frozen Custard in Saint Charles, about 45 miles west of Chicago. The single-tenant building is located at 2630 E. Main St. and serves as an outparcel to the Foxfield Commons shopping center. Randy Blankstein and Jimmy Goodman of Boulder represented the seller, a Midwest-based development firm, and the buyer, a local real estate group. The asset features a 15-year lease that commenced in 2023 following the completion of construction.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentFloridaLoansMultifamilySoutheast

Berkadia Originates $110.7M in Financing for Two Multifamily Developments in Florida

by John Nelson

BRADENTON AND MELBOURNE, FLA. — Berkadia has originated two loans totaling $110.7 million for two multifamily developments in Bradenton and Melbourne. Alec Fox of Berkadia’s Tampa office secured the financing on behalf of the sponsor, Charlotte-based Madison Capital Group. Berkadia secured $60 million in construction financing for Madison Bradenton, consisting of a $47 million senior loan provided by Peachtree Group and a $13 million mezzanine loan from Hickory CRE. The second transaction was $50.7 million in aggregate financing for Madison Midtown in Melbourne, consisting of a $33.5 million senior loan provided by First Citizens Bank and $17.2 million in preferred equity from Forum Capital Advisors. Both properties will consist of 240 units and are slated for completion in 2026.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

Newmark Negotiates Sale of 480,614 SF Industrial Property in McKinney, Texas

by Taylor Williams

MCKINNEY, TEXAS — Newmark has negotiated the sale of a 480,614-square-foot industrial property in the northern Dallas suburb of McKinney. The property at 801 Harry McKillop Blvd. is part of McKinney National Business Park, a five-building, 945,000-square-foot development that was built in 2022 on a speculative basis on a 64-acre site adjacent to McKinney National Airport. Dustin Volz, Stephen Bailey, Dom Espinosa, Zach Riebe, Jack Fraker and Caroline Wilson of Newmark represented the seller, Transwestern Development Co., in the transaction. CBRE Investment Management purchased the property for an undisclosed price.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialKentuckySoutheast

Dermody Properties to Develop 342,720 SF Industrial Facility in Louisville

by John Nelson

LOUISVILLE, KY. — Dermody Properties plans to develop LogistiCenter at Airport West, a 342,720-square-foot industrial facility situated on 21 acres in Louisville. Kevin Grove and Alex Grove of CBRE represented the developer in the land acquisition. The site is located west of Louisville Muhammad Ali International Airport in the city’s Southside/Airport submarket. The project will feature build-to-suit office space, 36-foot clear heights, 40 dock doors, two drive-in doors, 190 parking stalls, 70 trailer spaces, ESFR fire protection and LED lighting. The construction timeline for the project was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyTexas

Preserve Partners Buys 165-Unit O’Connor Oaks Apartments in Northeast San Antonio

by Taylor Williams

SAN ANTONIO — Salt Lake City-based investment firm Preserve Partners has purchased O’Connor Oaks, a 165-unit apartment complex in northeast San Antonio. Built in 1983, the garden-style community offers one-, two- and three-bedroom floor plans with an average unit size of 900 square feet. Amenities include two pools with sundecks, outdoor grilling and picnic areas, a business center and a dog park. The site also features four acres for additional expansion. Jim Young and Chase Easley of Newmark represented the seller, Austin-based JMB Group, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentFloridaHealthcareSoutheast

Robins & Morton Completes 80,000 SF Medical Office Building in Panama City Beach

by John Nelson

PANAMA CITY BEACH, FLA. — Birmingham, Ala.-based construction firm Robins & Morton has completed the Tallahassee Memorial HealthCare Medical Office Building in Panama City Beach. Robins & Morton served as the general contractor for the 80,000-square-foot project on behalf of The St. Joe Co. and Tallahassee Memorial HealthCare (TMH). Designed by HuntonBrady, the four-story facility will house TMH Physician Partners – Primary Care, TMH Urgent Care Center, Coastal Tides Surgical Center, TMH Physician Partners – Cardiology and additional space for pulmonary and orthopedic services. Robins & Morton will also break ground on a 100-bed hospital on the same campus, which is scheduled to be complete before the end of 2027.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts