EL PASO, TEXAS — Retail Solutions has opened an office in El Paso. With offices in Austin, Houston, Dallas, San Antonio, McAllen and Midland, Texas, the commercial real estate company handles the leasing and sale of approximately 750 commercial spaces across Texas and Louisiana. Additionally, the company represents more than 250 retail and restaurant brands in the two states and across the country. Chris Duncan is Retail Solutions’ market leader at the new El Paso location.
JACKSONVILLE, FLA. — Colliers International has brokered the $26.5 million sale of Canopy at Belfort Park, a 192-unit, Class A apartment community located at 7750 Belfort Parkway in Jacksonville. Built in 2013, the property was 93 percent occupied at the time of sale. Community amenities include a clubhouse, pool and private lake, and units range in size from 844 square feet to 1,434 square feet. Bradley Coe, Douglas Blair and Morgan Williams of Colliers International’s Jacksonville office brokered the transaction between the private buyer, Mid-Atlantic-based TC Belfort Park LLC, and the seller, Canopy at Belfort Park Apartments LLC.
ORLANDO, FLA. — Marcus & Millichap has brokered the $14.1 million sale of Shoreview at Baldwin Park, a 184-unit apartment community located at 1001 Shoreview Drive and 5533 Lehigh Ave. in Orlando. Situated near Rollins College, Florida Hospital Orlando, University of Central Florida and Walt Disney World, the 160-unit Shoreview Drive structure was built in 1976 and the 24-unit Lehigh Avenue portion was constructed in 1973. Francesco Carriera and Michael Regan of Marcus & Millichap’s Tampa office represented the seller and procured the buyer, which plans to upgrade the property’s interiors.
MAHWAH, N.J. — NAI James E. Hanson has brokered the sale of an industrial building located at 211 Island Road in Mahwah. 211 Island Road Associates LP sold the 108,237-square-foot building to Mahwah 2016 LLC for an undisclosed price. The buyer will relocate and expand its current Rockland County, N.J.-based business to 32,547 square feet of space at the property. Kenneth Lundberg and Patrick Lennon of NAI James E. Hanson represented the seller in the deal.
LEOMINSTER, MASS. — The Stubblebine Co./CORFAC International has arranged the sale of a 227,422-square-foot industrial building located at 175 Pioneer Drive in Leominister. Star Realty sold the property to F&M Plastics for $5.1 million. David Stubblebine and James Stubblebine of The Stubblebine Co./CORFAC represented the seller, while Andrew Sacher of AIS Development represented the buyer in the transaction.
MEDLEY, FLA. — CenterPoint Properties, an industrial developer and investor based in metro Chicago, has purchased a Class A distribution center located at 10400 N.W. 122nd St. in Medley, a town in Miami-Dade County. Christian Lee, Chris Riley and Jose Lobon of CBRE represented the seller, Charlotte-based Levine Properties, which developed the asset. Situated on 32 acres, the 306,703-square-foot facility features 30-foot clear heights, 70 dock-high doors, trailer parking and available land for future development. The distribution center is fully leased on a long-term basis to one of the largest delivery companies in North America, according to CenterPoint. The purchase price was not disclosed.
AUBURN, ALA. — Colliers International has brokered the $14.4 million sale of The Crossroads of Opelika, a 33,378-square-foot shopping center located at 2025 Interstate Drive in Auburn. The property’s tenant roster includes Chipotle Mexican Grill, Aspen Dental, Mattress Firm and AT&T. Bond Street Advisors Inc. purchased the center for more than $430 per square foot. Josh Randolph of Colliers International’s Birmingham office represented the undisclosed seller in the transaction.
JERSEY VILLAGE, TEXAS — G.E.T. Enterprises has leased 201,600 square feet of industrial space at 7401 Security Way in Jersey Village. The supplier of serving ware, drink ware and tabletop solutions is expanding and relocating its facility to the new space within Prologis Park Jersey Village. Walker Barnett and Ryan Byrd of Colliers represented the tenant, while Joseph Smith and Billy Gold of CBRE represented the landlord, Prologis NA2 Texas LLC, in the lease transaction.
IRVING, TEXAS — Rubicon Representation, along with NAI Robert Lynn, has arranged the sale of two office and flex buildings located in the Las Colinas area of Irving. The properties total 92,000 square feet of space. Kyle Jacobs and Graham Perry of Rubicon Representation represented the undisclosed seller, while Zach Stevens of NAI Robert Lynn represented the undisclosed buyer. The acquisition price was not released.
DALLAS — EDGE Realty Capital has brokered the sale of a single-tenant office building located at 2320 Stemmons Trail in Dallas. Double Run LP acquired the 14,000-square-foot property from Navin Enterprises Inc. for an undisclosed price. Octapharma Plasma is the sole occupant of the building. Brandon Beeson and Brandon Crow of EDGE represented the seller in the deal.