ANAHEIM HILLS, CALIF. — JCH Consulting Group has arranged the sale of six skilled nursing facilities in Central California for an undisclosed price. Riverside Healthcare sold the facilities to Meridian Management Services, which operates all six. The specific facilities and purchase price were not disclosed. Built between 1950 and 1975, the facilities range from 42 to 99 beds. The average occupancy rate at the time of closing was 80 percent. JCH represented the buyer while Marcus and Millichap represented the seller. Nick Stahler was JCH’s lead agent on the transaction. Anaheim Hills-based JCH Consulting Group is a brokerage firm focused on the seniors housing industry.
NEWARK, DEL. — Rockford Capital Partners has acquired two institutional-quality office buildings located at 242 and 248 Chapman Road in Newark. Rockford Capital purchased the properties on behalf of its affiliated value-add investment vehicle, Rockford Real Estate Fund III. Chapman Road Investors, an affiliate of Equus Capital Partners, sold the properties for an undisclosed price. 242 Chapman Road is a three-story, 65,967-square-foot building and 248 Chapman Road is a two-story, 77,974-square-foot building. Together the properties are fully leased to KBR and HP Enterprise Services. Michael Margolis and David Dolan of NGKF represented the seller in the deal.
BOSTON — Colliers International has arranged the sale of a multifamily property located at 256 Parker Hill Ave. in Boston’s Mission Hill neighborhood. Qianlong Management sold the property to Tremont Asset Management for $9.7 million, or $303,516 per unit. The 32-unit property comprises two garden-level apartment buildings offering a mix of studio and two-bedroom units and 16 surface parking spaces. Christopher Sower, Jen Price, Jonathan Bryant and Maggie Collins of Collins represented the seller. Additionally, Stephen Horan, also of Colliers, coordinated the acquisition financing through JP Morgan Chase on behalf of the buyer.
ROCHESTER HILLS, MICH. — Bader USA has acquired an industrial building located at 2944 Waterview Drive in Rochester Hills. Bader will use the 12,000-square-foot high-tech facility to house its North American sales, technical support and research and development operations. Garry Rogers and Al Iafrate of L. Mason Capitani CORFAC International represented the buyer in the deal. The name of the seller and the sales price were not released.
CHICAGO — Essex Realty Group has arranged the sale of a seven-unit multifamily building located at 1223-25 W. Foster Ave. in Chicago’s Andersonville neighborhood. An undisclosed buyer acquired the property for $1.5 million. The walk-up building features one two-bedroom, one-bath garden apartment; four two-bedroom, one-bath apartments; and two three-bedroom, one-bath apartments. Additionally, the property features five parking spaces. Steve Livaditis, Joe Scheck and Brian Karmowski of Essex represented the undisclosed seller, while Doug Imber and Kate Varde, also of Essex, represented the buyer in the deal.
AUBURN AND FORT WAYNE, IND. — Bradley Company Commercial Real Estate has completed five transactions in Auburn and Fort Wayne. In the first transaction, Carl Diehm of Bradley represented the landlord, Cenway Center, and the tenant, Agri-Labs Inc., in the lease of 2,160 square feet of retail space at 915 Cardinal Court within Cenway Business Center in Auburn. In the second deal, Tyler Binkley of Bradley represented the Feuser Contracting Inc. in the sale of an 11,992-square-foot office building at 7702 Bluffton Road in Fort Wayne. The name of the buyer and acquisition price were not released. In the third transaction, Stanley Phillips and Kelly Castle of Bradley represented the landlord, RITS Ltd. Brokers in the lease negotiation of retail space at 6127 Stellhorn Road within Maplewood Plaza in Fort Wayne. The name of the tenant and lease size were not released. In the fourth deal, Phillips represented the landlord, Fort Wayne Associates, and Binkley represented the tenant, Phil’s Hobby Shop, in the lease of retail space located within Parkwest Center at 3938 W. Jefferson Road in Fort Wayne. In the last deal, Paul Refakis of Bradley represented the landlord, Lynn Leasing, and Kienan O’Rourke of Bradley represented the tenant, Blasius …
NEW YORK CITY — Target has signed a lease for 27,354 square feet of retail space at 500 E. 14th St. in the East Village. The retailer plans to open a flexible format store at the location within Extell Development Co.’s new mixed-use building. Target will occupy 9,649 square feet on the ground floor and 17,705 square feet on the lower level at the two-story, 56,610-square-foot building. The new Target location is slated to open in 2018. Robert Futterman, Ariel Schuster, Brandon Eisenman and Ike Bibi of RKF represented Extell, while Richard Skulnik and Peter Ripka of Ripco Real Estate Corp. represented the tenant in the deal.
MCKINNEY, TEXAS — Wingstop is set to open a new 1,745-square-foot restaurant at The Shops at Eagle Point in McKinney. Britton Lankford of Bright Realty represented the tenant in the transaction, and Vy Le of Quine & Associates represented the undisclosed landlord. Walmart shadow anchors the shopping center, which is also home to tenants including Subway, Mooyah, SportClips Haircuts and Kelly-Moore Paints. An opening for the restaurant has yet to be announced.
CHICAGO — Shopoff Realty Investments has acquired two creative loft office commercial buildings in Chicago for an undisclosed price. At the time of acquisition, the 87,270-square-foot property at 900 N. Franklin St. was 89 percent occupied. The 76,729-square-foot building at 224 N. Desplaines St. was 92 percent occupied. The name of the seller was not released.
DOWNERS GROVE, ILL. — Metro Commercial Real Estate has arranged the lease of retail space at Butterfield Plaza in Downers Grove. Skechers has leased 8,000 square feet at the retail property. Other tenants at the center include Ross Dress for Less, Catherines, Tuesday Morning and Half Price Books. This location will be Skechers’ 16th store in the Chicagoland market. Steven Baer of Metro Commercial Real Estate represented Skechers in the transaction. The name of the landlord was not released.