Deals news – page 60

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DealKennedy Wilson Partnership Pays $237M for Westchester ApartmentsJul 1, 2026Kennedy Wilson has partnered with Kenedix, Inc. and Hulic Co., Ltd. to acquire Carraway, a 421-unit multifamily community in West Harrison, NY, for $237 million.DealIndustrialBridge Logistics Acquires 767K-SF Brookshire Warehouse FacilityJul 1, 2026Clay Development & Construction sold Twinwood Distribution Center III, a 767,520-square-foot cross-dock industrial facility located at 2193 Discovery Hills Parkway in Brookshire, Texas. Bridge Logistics Properties was the buyer.DealRedwood West, Panattoni Team on Acquiring Long Beach’s The PikeJul 1, 2026Redwood West, in partnership with Panattoni, has acquired The Pike, Long Beach, a waterfront retail, dining and entertainment lifestyle center. Although Redwood West and Panattoni did not identify the seller or sale price, SITE Centers Corp.DealSecurity Properties Spins Off 240-Unit Nashville Rental CommunityJul 1, 2026American Landmark Apartments acquired a 240-unit apartment community near the Nashville airport for $51.5 million. The apartment development at 1501 Woodland Pointe Drive was previously known as Hamptons at Woodland Point and will be rebranded as Woodland Pointe Residences.DealGroceryKroger Agrees To Acquire Giant Eagle For $1.65BJul 1, 2026Supermarket giant Kroger announced a $1.65B deal to acquire Pennsylvania-based grocery chain Giant Eagle, just 18 months after its $25B megamerger with Albertsons fell apart. Kroger's acquisition price includes $1.25B in cash considerations and the...DealOfficeBrookwood Offloads 207K-SF Orlando Office BuildingJul 1, 2026Avison Young arranged the sale of Maitland 200, a 207,000-square-foot four-story atrium-style class A office building located at 2301 Maitland Center Parkway in the Maitland submarket of Orlando, Florida, for $17.8 million. Brookwood Financial Partners was the seller.DealCentersDLC Pays $36.6M for Charlotte Retail CenterJul 1, 2026DLC Management paid $36.6 million for Perimeter Woods, a 127,000 square foot retail center across from Northlake Mall in Charlotte. Kite Realty was the seller.Representative imageDealIndustrialLee & Associates Negotiates Two Industrial Leases Totaling 131,417 SF in Chicago’s Western SuburbsJul 1, 2026HILLSIDE AND FOREST PARK, ILL. — Lee & Associates of Illinois has negotiated two industrial leases totaling 131,417 square feet in the western suburbs of Chicago.DealRedwood West, Panattoni Purchase 394,616 SF The Pike Lifestyle Center in Long Beach, CaliforniaJul 1, 2026LONG BEACH, CALIF. — Redwood West, in partnership with Panattoni, has purchased The Pike, a 394,616-square-foot waterfront retail, dining and entertainment lifestyle center in Long Beach. Terms of the purchase were not released. Located at 95 S.DealIndustrialLee & Associates Brokers $9.1M Sale of Three-Building Industrial Portfolio in Vista, CaliforniaJul 1, 2026VISTA, CALIF. — Lee & Associates has brokered the $9.1 million sale of a three-building industrial portfolio located at 2438, 2440 and 2446 Cades Way in Southern California. All three buildings were acquired by a single private investor.DealMedicalMatthews Arranges Sale of Four-Property Medical Office Portfolio in Spokane, WashingtonJul 1, 2026SPOKANE, WASH. — Matthews has arranged the sale of a four-property medical office portfolio located at 427 S. Bernard St., 9651 N. Nevada St., 31 E. Central Ave. and 208 W. 5th Ave. in Spokane.DealOfficeColdwell Banker Commercial Negotiates $4.4M Sale of Office Property in Casper, WyomingJul 1, 2026CASPER, WYO. — Coldwell Banker Commercial has arranged the $4.4 million sale of 800 Werner Court, an office property in Central Wyoming. Situated on 4.7 acres, the three-story property features 99,500 square feet of office space.DealIndustrialJLL Negotiates Sale of 1 MSF Industrial Park in Northwest HoustonJul 1, 2026HOUSTON — JLL has negotiated the sale of a six-building, 1 million-square-foot industrial park in northwest Houston. Northwest Spur Industrial Park spans 43.5 acres and houses shallow-bay buildings that were constructed in 1980.DealNewmark Arranges Sale of 586-Unit Multifamily Portfolio in Haltom City, TexasJul 1, 2026HALTOM CITY, TEXAS — Newmark has arranged the sale of a portfolio of two multifamily properties totaling 586 units in Haltom City, a northern suburb of Fort Worth. Hidden Lakes and The Ranch at Fossil Creek total 312 and 274 units, respectively.Representative imageDealCentersPrudent Growth Acquires 28,850 SF Retail Center in Rowlett, TexasJul 1, 2026ROWLETT, TEXAS — North Carolina-based investment firm Prudent Growth Partners has acquired Scenic Square, a 28,850-square-foot retail center in Rowlett, approximately 20 miles northeast of Dallas. The sales price was $7.4 million.DealOfficeKennedy Wilson, Jamison To Convert LA World Trade Center In 4,000-Unit Affordable Housing PushJun 30, 2026Kennedy Wilson and Jamison plan to convert the Los Angeles World Trade Center, a 400K SF office property in Downtown, into 512 residences. The project is part of a broader effort announced Tuesday to build 4,000 affordable housing units in adaptive reuse...DealLefrak Offloads Brooklyn Rent-Stabilized Assets to HF NYC for $38 millionJun 30, 2026Lefrak has sold four rent-stabilized multifamily properties in southern Brooklyn for $38 million, Commercial Observer has learned.DealJV Plans 4,000 Affordable Units in L.A., Starting With Former World Trade CenterJun 30, 2026A day before a major California housing bill goes into effect on July 1, two prominent commercial real estate firms announced a partnership to build thousands of new apartments in Los Angeles.DealNatick Retail Offers “Strong Long-Term Opportunity” to New OwnerJun 30, 2026ABG Commercial Realty arranged the sale of a 20,300-square-foot retail property located at 321 Worcester St. (Route 9 West) in Natick, MA. The property was sold by PEC Realty LLC to Empire Management Corporation for $7.25 million. ABG SVP Bernard Gibbons represented the buyer.Representative imageDealCharney Companies Buys 143 Roebling Street in Williamsburg for $20MJun 30, 2026Prolific developer Charney Companies has acquired a historic residential building in Williamsburg, Brooklyn, Commercial Observer has learned.