Friday, September 11, 2026
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OfficeTexas

BINSWANGER BROKERS 175,000 SF OFFICE SALE

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PITTSBURG — Binswanger has arranged the sale of a 175,000-square-foot office building, located at 4845 U.S. Highway 271 in Pittsburg. The facility is the former Pilgrim's Pride corporate headquarters. The buyer, Region 8 Education Service Center, plans to use the property as an in-house training facility for 47 school districts in east Texas. The property features six meeting rooms wired for video conferencing, a meeting room that can sit 265 people, four elevators, motion detecting lighting, nine break rooms, 18 restrooms and 1,000 parking spaces. Holmes Davis of Binswanger's Dallas office represented the seller, Pilgrim's Pride Corp., in the transaction.

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MultifamilyWestern

LOS ANGELES APARTMENT BUILDING SELLS FOR $2.9M

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LOS ANGELES – A nine-unit apartment building located at 3321 Mentone Ave. in Los Angeles has sold to a private investor for $2,894,000. The complex was built in 2005 and was fully occupied at the time of sale. The buyer was represented by Centennial Real Estate. The seller, JM Residential I, L.P., was represented by Albert Shilton and Blake Rogers of Charles Dunn Company.

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IndustrialWestern

SIMI VALLEY INDUSTRIAL BUILDING GOES FOR $2M

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SIMI VALLEY, CALIF. — A 9,976-square-foot industrial property in Simi Valley has sold to American Warehouse Equipment for about $2 million. The property is located at 1371 Kuehner Drive. The property was built in 1980 and renovated in 1991. John DeGrinis, Patrick DuRoss and Jeff Abraham of Colliers International’s Encino office represented both the buyer and the seller, the O’Loughlin Family Trust, in this transaction.

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OfficeWestern

THOUSAND OAKS OFFICE BUILDING SELLS FOR $1.9M

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THOUSAND OAKS, CALIF. – A 12,800-square-foot office building in Thousand Oaks has sold to a financial services owner/user for $1.95 million. The property was built in 1964 and is located at 199 E. Thousand Oaks Blvd. Chris Itule, Jeff Albee and Jeff Gould of Colliers International represented both the buyer and the seller, a private family trust, in this transaction.

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RetailSoutheast

KIMCO SELLS SHOPPING CENTER FOR $13.65M

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KISSIMMEE, FLA. — Kimco Realty Corp. has sold the 120,699-square-foot Vine Street Square, a shopping center located at the intersection of U.S. 192 and Dyer Boulevard in Kissimmee, to Phillips Edison — ARC Shopping Center REIT for $13.65 million. The property is 97.6 percent leased to tenants that include Walmart Neighborhood Market, Office Max, Dollar Tree, Humana and Outback Steakhouse. Jim Michalak and Paul Bores of Plaza Advisors represented the seller in the transaction.

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MultifamilySoutheast

FLORIDA APT. COMPLEX SELLS FOR $6.25M

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CLEARWATER, FLA. — Island Way Towers LLC has purchased the 88-unit Dearborn Towers apartment complex, located at 223 Island Way in Clearwater, from the city of Dearborn, Mich., for $6.25 million. The eight-story building features a private fishing dock, marina, swimming pool and a community center. Kevin Kelleher, Darron Kattan and Bob Goldfinger of Franklin Street represented both parties in the transaction.

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IndustrialSoutheast

CHILDRESS KLEIN BEGINS WORK ON INDUSTRIAL BUILDING

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CHARLOTTE, N.C. — Childress Klein Properties has commenced construction on a 270,400-square-foot speculative industrial building in Charlotte’s Ridge Creek Distribution Center, located off Westinghouse Boulevard and General Drive in Charlotte. Averitt Express has signed a 67,000-square-foot lease to anchor the building, which will feature a 30-foot clear height ceilings, loading dock doors and parking for truck trailers. It will also contain energy and water saving features, including a reflective roof membrane, highly efficient electric lighting and plumbing and landscaping designed to limit water usage. The building was designed by Wagner Murray Architects and will be constructed by Shelco Inc.’s Charlotte office.

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