Tuesday, July 22, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

sale2

AcquisitionsIllinoisMidwestMultifamily

Kiser Group Arranges Sales of Two Multifamily Properties in Evanston, Illinois for $9.1M

by Kristin Harlow

EVANSTON, ILL. — Kiser Group has arranged the sales of two multifamily properties in Evanston for $9.1 million. In the first transaction, a 12-unit building at 1901 Sherman Ave. sold for $5.1 million. The property is situated in close proximity to Northwestern University and has historically been fully occupied. The second building comprises 15 units at 1326 Chicago Ave. and sold for $4 million. Twelve of the units have been renovated. Kiser Group’s Danny Mantis, Matt Halper and Lee Kiser brokered the transactions. Buyer and seller information was not provided.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsConnecticutMultifamilyNortheast

Cushman & Wakefield Arranges $293.5M Sale of Multifamily Portfolio in Norwalk, Connecticut

by Taylor Williams

NORWALK, CONN. — Cushman & Wakefield has arranged the $293.5 million sale of The Norwalk Collection, a 662-unit multifamily portfolio located in the southern coastal Connecticut city of Norwalk. The Norwalk Collection comprises three buildings totaling 334 two-bedroom units and 328 one-bedroom units. Amenities include a pool, sundeck, fitness center, roof deck and tenant lounges. The properties also house approximately 68,000 square feet of retail space and 789 parking spots. Adam Spies, Adam Doneger, Brian Whitmer and Ryan Dowd of Cushman & Wakefield represented the sellers, Invictus Real Estate Partners and 166 2nd Financial Services, in the transaction. The team also procured the buyer, Beachwold Residential. Mona Carlton, Elliott Throne, Scott Aiese and Kenny Cutler off JLL provided a total of $33.1 million in Freddie Mac acquisition financing on behalf of Beachwold Residential.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsAlabamaRetailSoutheast

JRW Realty Arranges Sale of Publix-Anchored Shopping Center in Decatur, Alabama

by John Nelson

DECATUR, ALA. — JRW Realty has arranged the sale of Point Mallard Centre, a grocery-anchored shopping center in Decatur. Situated near I-65, the property features a 45,600-square-foot Publix store and 16,800 square feet of small shop, restaurants and healthcare tenants. The buyer is an unnamed institutional investor that is actively acquiring net-leased and value-add properties. The seller and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialMarylandSoutheast

MacKenzie Brokers $10.3M Sale of Warehouse, Land in Baltimore County

by John Nelson

HALETHORPE, MD. — MacKenzie Commercial Real Estate Services has brokered the $10.3 million sale of a 103,640-square-foot warehouse in Baltimore County. The transaction includes a vacant, single-story property located at 1407 Parker Road in Halethorpe and an adjacent development site located at 1441 Knecht Ave. Built in 1960, the property features office space, 16- to 21-foot clear heights, five loading bays, interior dock positions and surface parking spaces. Ohio-based Pioneer Cladding & Glazing Systems Inc. purchased the property and land from Pitts Realty LP, which formerly operated David Edwards Furniture from the site. Daniel Hudak and Andrew Meeder of MacKenzie represented the seller in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDistrict of ColumbiaMultifamilySoutheast

Greysteel Negotiates Sale of Two Multifamily Communities in Downtown D.C.

by John Nelson

WASHINGTON, D.C. — Greysteel has arranged the sale of Ravenel and Barclay, two multifamily properties totaling 120 units in the Dupont Circle neighborhood of downtown Washington, D.C. The buyer and sales prices were undisclosed. Situated two doors down from one another, the properties are located at 1610 and 1616 16th St. NW. Built in 1933, Ravenel totals 63 units and contains a mix of studio and one-bedroom apartments. Built in 1926, Barclay totals 57 units and includes a mix of one-bedroom and two-bedroom apartments. Amenities include a fitness center, laundry rooms, package concierge, bike storage, outdoor patio and an onsite management office. Renovations to the lobbies, leasing office, hallways, common areas and unit interiors were completed by the seller upon its acquisition.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyTexas

GREA Arranges Sale of 217-Unit Multifamily Portfolio in Arlington

by Taylor Williams

ARLINGTON, TEXAS — Global Real Estate Advisors (GREA) has arranged the portfolio sale of three multifamily properties totaling 217 units in Arlington that were all built in the 1960s. The properties include Avalon (75 units), Tuscany Square (70 units) and Regency (72 units). Mark Allen of GREA represented the buyer and seller, both of which requested anonymity, in the transaction. The new ownership plans to implement a value-add program.

Continue Reading
FacebookTwitterLinkedinEmail
11193-Emerald-St-Boise-ID
AcquisitionsIdahoIndustrialWestern

Cushman & Wakefield Brokers $17.7M Sale of Industrial Facility in Boise

by Amy Works

BOISE, IDAHO — Cushman & Wakefield has arranged the sale of a newly renovated industrial facility situated on more than 3 acres in Boise. An undisclosed buyer acquired the asset from an entity doing business as Emerald Town LLC for $17.7 million. Located at 11193 Emerald St., the 77,962-square-foot property was fully leased to four tenants at the time of sale. The property features five roll doors, an insulated roof, upgraded office and restroom space, upgraded freezer/cooler space, resurfaced and restriped parking lot and revamped dock door systems. Jennifer McEntee, Bree Wells and D.J. Thompson of Cushman & Wakefield represented the seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMassachusettsNortheastRetailRhode Island

Wilder, TA Realty Acquire Shopping Center Portfolio in Massachusetts, Rhode Island, for $390M

by Taylor Williams

BOSTON — A partnership between two Boston-based firms, Wilder Cos. and TA Realty, has acquired a portfolio of nine grocery-anchored shopping centers totaling 729,437 square feet for $390 million. Eight of the properties are located in Massachusetts, and one is located in Rhode Island. At the time of sale, the portfolio was 95 percent leased, with grocers such as Whole Foods Market, Shaw’s, Star Market and Dave’s Fresh Marketplace serving as anchor tenants. Robert Griffin, Geoffrey Millerd, Jonathan Martin, Paul Penman and Mathew Adler of Newmark represented the undisclosed seller and procured the buyer in the transaction. Richard Ruggerio of Newmark assisted in closing the deal as the local broker of record.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsKansasMidwestMultifamily

Sentinel Acquires 404-Unit Apartment Complex in Overland Park, Kansas

by Kristin Harlow

OVERLAND PARK, KAN. — Sentinel Real Estate Corp. has acquired Lexington Farms Apartments in the Kansas City suburb of Overland Park. The 404-unit, garden-style apartment complex was originally constructed in 1997. Units average 972 square feet. Two-thirds of the units were recently updated, and Sentinel intends to renovate the remaining units. Amenities include a lounge area, coffee bar, two pools, tennis court, fitness center, dog park and barbecue area. The seller and sales price were not provided.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisIndustrialMidwest

Martinez Produce & Seafood Expands Chicagoland Footprint with New Elgin Facility

by Kristin Harlow

ELGIN, ILL. — Chicago-based Martinez Produce & Seafood has expanded its Chicagoland footprint with the purchase of a 65,772-square-foot industrial facility in Elgin. The building, which features six truck docks and two drive-in doors, more than doubles the company’s footprint. Cory Kay and Mike DeSerto of Entre Commercial Realty represented Martinez Produce & Seafood, while Lee & Associates represented the seller. The sales price and seller were not provided.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts