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Deals news – page 115
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Archer Property Partners Buys Medical Office Portfolio in Orange County for $17.8MRANCHO SANTA MARGARITA, MISSION VIEJO AND COSTA MESA, CALIF. — Archer Property Partners has acquired an outpatient medical office portfolio in Orange County for $17.8 million. Andy Knott and Austin Kanzler of CBRE represented the seller in the transaction.
Representative imageCushman & Wakefield | PICOR Brokers Sale of 15,023 SF Mixed-Use Property in TucsonTUCSON, ARIZ. — Cushman & Wakefield | PICOR has arranged the sale of Harrison Professional Plaza, a mixed-use building at 1020 S. Harrison Road in Tucson. RGR16 LLC purchased the asset from BSH Investments LLC for $2 million.
Mid-America Negotiates Sale of Whole Foods Market at Madison Yards in WisconsinMADISON, WIS. — Mid-America Real Estate Corp. has negotiated the sale of a newly developed Whole Foods Market net lease totaling 51,361 square feet at Madison Yards in Madison.
CBRE Arranges Sale of 372-Unit Multifamily Community in IndianapolisINDIANAPOLIS — CBRE has arranged the sale of Deercross, a 372-unit multifamily property in Indianapolis. Iconic Property Partners purchased the asset from an affiliate of Wilkinson Corp. for an undisclosed amount.
Colliers Brokers Sale of 54,672 SF Industrial Facility in Marysville, OhioMARYSVILLE, OHIO — Colliers has brokered the sale of a 54,672-square-foot industrial facility located at 14711 Industrial Parkway in Marysville near Columbus. Delivered in 2024, the property is fully leased to seven tenants averaging 7,810 square feet.
Marcus & Millichap Arranges $19 Sale of Midwest Sherwin-Williams PortfolioMarcus & Millichap completed the sale of an 11-property Sherwin-Williams portfolio in Minnesota, North Dakota and South Dakota. The portfolio sold for $18.74 million.
Comstock Acquires 417-Unit Rockville Multifamily BuildingComstock Holding Companies, Inc. has completed the acquisition of The Reed, a 417-unit multifamily property located at 15955 Frederick Road in Rockville, Maryland.
Hanley, Progressive Arrange Sale of Victorville Retail CenterHanley Investment Group Real Estate Advisors and Progressive Real Estate Partners have arranged the sale of Victor Town Center, a three-tenant net-leased retail property located at 14598 7th St. in Victorville, for $7 million.
Safely Store Acquires Bergen County Development SiteMarcus & Millichap arranged the sale of a self-storage development site in Ridgefield, NJ. Located at 1099 Hendricks Causeway, the fully entitled and permitted site will be developed into a Class A self-storage facility with more than 1,200 climate-controlled units.
Space Needle Buys Part of Pacific Science Center for $17MThe owners of the Space Needle have purchased part of Seattle’s Pacific Science Center for $17.25 million.
Clarion Partners Sells New Broward Warehouse for $38MClarion Partners and Cadence Partners sold a newly completed distribution warehouse in Hollywood, Fla., for $38.3 million, property records show. Drug compounding company Hallandale Pharmacy purchased the 98,860-square-foot asset called Stirling Logistics Center.
Representative imageJapanese Developer Buys Miami Worldcenter Dev Site for $89MJapanese developer Kasumigaseki Capital has paid $88.8 million for a development parcel within the 27-acre Miami Worldcenter master development, property records show.
Neighborhood Ventures Acquires Biltmore Rental AssetNeighborhood Ventures (NV) acquired Venture on 16th, an 86-unit multifamily community located in the Biltmore District of Uptown Phoenix.
M3 Picks Up 192 Nashville-Area Apartment UnitsA Williamson County apartment complex sold for $52.6 million. M3 Multifamily bought the Newport Station apartment development in Thompson’s Station. The seller was John Maher Builders. A division of Marcus & Millichap represented the seller in the deal.
Representative imageFrench Retailer Longchamp Sells 713 Madison Avenue for $40MJSRE Acquisitions, a New York City-based property management company, has acquired a retail property at 713 Madison Avenue on Manhattan’s Upper East Side for $40 million, property records made public Friday show.
Raleigh Highrise Hits the MarketWorld Wide Group is selling SkyHouse Raleigh, an apartment building across from Moore Square. The Triangle Business Journal reports World Wide Group bought the 23-story tower in 2016 for $103 million.
Representative imageColliers Brokers Sale of 51,150 SF Industrial Flex Building in Southeast HoustonHOUSTON — Colliers has brokered the sale of a 51,150-square-foot industrial flex building in southeast Houston. According to LoopNet Inc., the building at 9191 Gulf Freeway was completed in 2015, offers 18- to 21-foot clear heights and was 86 percent leased at the time of sale.
Audubon Capital Buys 151-Unit Multifamily Portfolio in ProvidencePROVIDENCE, R.I. — Audubon Capital Partners, a real estate private equity firm, has purchased a portfolio of two multifamily properties totaling 151 units in Providence. Both Chestnut Commons (92 units) and 95 Lofts (59 units) are located in the downtown area on adjacent sites.
Representative imageJLL Brokers Sale of 34,795 SF Mixed-Use Building in PhiladelphiaPHILADELPHIA — JLL has brokered the sale of a 34,795-square-foot mixed-use building in Philadelphia’s Rittenhouse Square neighborhood. Originally constructed in 1937 and last renovated in 2009, the five-story building at 1619-1621 Walnut St.
Neighborhood Ventures Acquires 86-Unit Multifamily Community in Uptown PhoenixPHOENIX — Neighborhood Ventures has purchased Venture on 16th, an 86-unit apartment property in the Biltmore District of Uptown Phoenix, from an undisclosed seller for $19.5 million.