Sunday, August 16, 2026
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OfficeTexas

TRANSWESTERN TO HANDLE LEASING OF TWO HOUSTON OFFICE BUILDINGS

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HOUSTON — Khoshbin Co. has awarded the leasing and marketing of two office buildings in Houston's North Belt submarket to Transwestern. The two office properties include a 181,647-square-foot, 10-story building at 10700 N. Freeway and a 213,777-square-foot, 12-story building at 333 N. Belt. Khoshbin plans to renovate the office buildings and modernize the building systems and management. Michelle Wogan, Dani Allison and Evelyn Ward of Transwestern's Houston office will market and lease the office buildings.

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HospitalityWestern

SANTA ANA HAMPTON INN & SUITES CHANGES HANDS IN ORANGE COUNTY

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SANTA ANA, CALIF. – The 121-room Santa Ana Hampton Inn & Suites has sold to Trigild, Blu Hotel Investors and Pacifica Real Estate Group (PREG) for an undisclosed sum. The hotel is located at 2720 Hotel Terrace Drive in Santa Ana. It is situated on 1.45 acres near South Coast Plaza and John Wayne International Airport. The hotel will undergo an extensive renovation and will continue operating under the current Hampton franchise agreement.

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HealthcareWestern

TACOMA MEDICAL OFFICE BUILDING SELLS FOR $10.4M

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TACOMA, WASH. — Allenmore Medical Center’s Building B, an 86,942-square-foot, mid-rise medical office building in Central Tacoma, has sold to Berschauer Group NW, LLC for $10.4 million. It resides on the Multicare Health System’s Allenmore hospital campus. The seven-story building is located at 1901 South Union Ave. The seller, Unico Medical Properties, LLC, was represented by Lori Hill, Stuart Williams and Ann Chamberlin of Jones Lang LaSalle’s Seattle office, Joe Euphrat of JLL’s Capital Markets-Healthcare practice and Bill Frame of Kidder Mathews.

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MultifamilyWestern

HILLSIDE TERRACE APARTMENTS IN HOLLYWOOD RECEIVES $10.5M REFINANCE

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LOS ANGELES – The 79-unit Hillside Terrace Apartments in Hollywood has received a $10.5-million refinance. The community is located at 7245 Hillside Ave. Financing was based on a 10-year term and a 30-year amortization schedule. It was arranged by Robert Hervey of NorthMarq’s Los Angeles regional office through the firm’s seller-servicer relationship with Freddie Mac.

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MultifamilyWestern

CEDAR COURT APARTMENTS IN BURIEN SELLS FOR $1.4M

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BURIEN, WASH. – The 18-unit Cedar Court apartments in Burien has sold to a Pierce County apartment investor for $1.4 million. The community is located at 15621 4th Ave. South. The refinance and acquisition financing was provided by Marcus & Millichap Capital Corporation. The buyer was represented by Scott Morasch of Marcus & Millichap’s Seattle office.

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OfficeSoutheast

PKY DEERWOOD ACQUIRES $130M OFFICE PORTFOLIO

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JACKSONVILLE, FLA. — PKY Deerwood has acquired an eight-building, 1 million-square-foot office portfolio in Jacksonville for $130 million. The properties were built from 1996 to 2005 and are 90 percent occupied. Major tenants include JP Morgan Chase, Fidelity, Comcast, Adecco and Main Street America. Christian Lee, Charles Foschini, Christopher Apon, Amy Julian, Will Yowell and Michael Harrell of CBRE represented the seller, Flagler in the transaction. CBRE also arranged the $84.5 million acquisition loan on behalf of the buyer. The 10-year loan has a fixed interest rate of 3.9 percent.

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RetailSoutheast

NEW 135,000-SQUARE-FOOT TARGET TO OPEN IN CARY

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CARY, N.C. — Target plans to open a new 135,000-square-foot store in Cary by March 2014. The new store, located on O'Kelly Chapel Road, will be part of the Parkside Town Commons shopping center. This will be the second Target store in Cary. Along with everyday essentials, the new location will offer fresh produce, fresh packaged meat and pre-packaged baked goods, as well as Starbucks and Target Pharmacy. The store will employ approximately 200 workers.

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OfficeSoutheast

CONTINENTAL CAPITAL BUYS $8.3 MILLION OFFICE PROPERTY IN RALEIGH

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RALEIGH, N.C. — Continental Capital Management has acquired a three-story, Class A office building at 1500 Sunday Dr. in Raleigh for $8.3 million. Built in 2000, the 61,412-square-foot property is located near PNC Center and Carter Finley Stadium. The building is 97 percent leased and tenants include Hughes, Pittman & Gupton and First Point Management Resources. J. Scott Adams, Ben Kilgore and Brian Carr of CBRE | Raleigh represented the seller, CBL & Associates, in the transaction.

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RetailSoutheast

RETAIL PROPERTY LEASED TO GOODYEAR SELLS FOR $2.3M IN SOUTH CAROLINA

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MT. PLEASANT, S.C. — Pastime Amusement Co. has acquired a retail property that is fully leased to Goodyear Auto Service Center in Mt. Pleasant for $2.3 million. The building is located at 1406 Ben Sawyer Blvd. Terry Ansley and Glenn Goodwin of Landmark Enterprises Brokerage Group represented the seller, Palmetto Development of Columbia Inc. Leonard Way of The Beach Co. represented the buyer.

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