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Deals news – page 113
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SparrowHawk, Almanac Realty Acquire Distribution Center in Metro St. Louis for $28.5MST. PETERS, MO. — SparrowHawk, through a joint venture partnership with Almanac Realty Investors, has acquired Premier 370 DC II, a 366,900-square-foot distribution center on 20 acres in the Premier 370 Business Park in St. Peters near St. Louis.
Uncertain Trade Policies Prompt Different Strategies for Port Investors and OccupiersThe year 2025 offered plenty of uncertainty due to new trade announcements, ever-changing tariff policies and threats, cooling retail sales, and “sticky” inflation.
Berkadia Completes Kansas City Seniors Housing Portfolio SaleBerkadia completed the sale of six senior living communities in the Kansas City MSA.
Bucksbaum Acquires Mixed-Use Office Campus in Coachella ValleyNewmark arranged the $25.75-million sale of One El Paseo Plaza, a three-building, 86,835-square-foot mixed-use office campus located at 74-199 El Paseo Dr. and 74-225 & 74-245 Hwy. 111 in Palm Desert.
CAPREIT Acquires Central LI Senior Living PropertyCAPREIT, a fully integrated real estate operating company that owns and manages more than $6 billion of multifamily assets in the U.S., has acquired Broadway West, a senior living community in the central Long Island community of Brentwood, NY. Terms were not disclosed.
Representative imageCapital Group Buys L.A. Office Tower for Around $210M: SourcesCapital Group, one of the largest investment management firms in the world, announced it has entered an agreement to acquire the Bank of America Plaza office tower in Downtown Los Angeles.
Lee & Associates Represents Buyer in 24K-SF Laurel Industrial AcquisitionJADAKA Holdings, LLC has acquired 9550 Lynn Buff Court, a single-story, 24,245-square-foot industrial building in Laurel, Maryland, for $4.5 million, with plans to relocate API Audio from the Jessup area. The building was formerly owned by Professional Graphics Printing Company.
Reuben Brothers Pay $200M for Retail Complex on Palm Beach’s Worth AvenueThe Reuben Brothers have extended their South Florida real estate shopping spree. The British billionaire investors, alongside Crown Onyx, paid $200 million for a retail complex on Palm Beach’s swanky Worth Avenue, property records show.
Representative imageSculptor Diversified Buying Florida Resort for $835MSculptor Diversified Real Estate Income Trust is under contract to purchase the JW Marriott Marco Island Beach Resort and two nearby 18-hole golf courses in Southwest Florida for a combined $835 million, which could become one of the state’s largest hospitality trades in recent…
LA Angels Owner Buys Luxury Phoenix Rental CommunityLos Angeles Angels owner Arte Moreno paid $125 million for the Cortland Biltmore, nearly $500,000 per unit. Moreno has a history of purchasing real estate in the area. Moreno recently bought a 12-acre office complex in the Biltmore area for $60 million.
Mission Shore Offloads 105K-SF Houston Retail CenterMission Shore Management sold Fairmont Preston Plaza, a 105,869-square-foot neighborhood retail center in Pasadena’s leading retail corridor in southeast Houston. JLL represented Mission Shore Management.
Bucksbaum Properties Buys One El Paseo Plaza Mixed-Use Complex in Palm Desert, CaliforniaPALM DESERT, CALIF. — Bucksbaum Properties has acquired One El Paseo Plaza, a mixed-use office and restaurant property in Palm Desert. Terms of the transaction were not released.
Representative imageColliers Negotiates 167,120 SF Industrial Lease in Brookshire, TexasBROOKSHIRE, TEXAS — Colliers has negotiated a 167,120-square-foot industrial lease in the western Houston suburb of Brookshire. The tenant was not disclosed.
Colliers Brokers $13.5M Sale of Central Florida Retail Center Near The VillagesSUMMERFIELD, FLA. — Colliers has brokered the $13.5 million sale of Spruce Creek Shoppes, a 42,203-square-foot shopping center located at 17860 S.E. 109th Ave. in Summerfield.
Representative imageBill Foose Co. Arranges Sale of 13,000 SF Retail Building in Duncanville, TexasDUNCANVILLE, TEXAS — Locally based brokerage firm Bill Foose Co. has arranged the sale of a 13,000-square-foot retail building in Duncanville, located south of Dallas, that was formerly occupied by CVS. According to LoopNet Inc., the building at 615 S.
RiverGate Mall Demolition Kickstarts $450M Redevelopment EffortMerus is taking the wrecking ball to RiverGate Mall. It’s the first tangible step of the $450 million redevelopment of the onetime thriving retail center. The mall opened in 1971. Merus paid $33 million for the 57-acre site.
Thor Equities Pays $56M for 1165 BroadwayThor Equities has purchased David Haddad’s 1165 Broadway for $56 million, Commercial Observer has learned. The 58,000-square-foot office and retail building is in Manhattan’s NoMad district, at the corner of Broadway and 27th Street.
TopSide Marinas Expands Ozarks Footprint With AcquisitionTopSide Marinas has acquired Campbell Point Marina, located on Table Rock Lake in Shell Knob, Missouri. This acquisition marks the third for TopSide Marinas in Missouri and the Ozarks, after the acquisition of Cape Fair Marina and Hideaway Marina in 2023.
Gordon Brothers to Market Historic Office Building in Cleveland for SaleGordon Brothers has been retained to lead the sale of the 925 Euclid Avenue building, a historic landmark office known as the Huntington Building. The property spans nearly 1.5 million square feet in the heart of downtown Cleveland’s central business district.
Sagard Real Estate Acquires Warehouse in Supply-Constrained East BaySagard Real Estate has acquired 20201 Mack St., a fully leased industrial property located in Hayward. The seller and sale price were not disclosed.