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Marcus & Millichap Closes Louisville MOB Portfolio TransactionMarcus & Millichap announced the sale-leaseback of a three-building, 34,313-square-foot medical office portfolio in the Louisville MSA. The portfolio sold for a little more than $6.2 million.
FrostPoint Capital Acquires 22,069 SF Metro Birmingham Retail Center for $5.6MHOOVER, ALA. — FrostPoint Capital has acquired Lake Crest Plaza, a 22,069-square-foot retail center located in Hoover, roughly 10 miles south of Birmingham, for $5.6 million. The seller requested anonymity.
American Landmark Acquires 240-Unit Multifamily Community in NashvilleNASHVILLE, TENN. — American Landmark Apartments has acquired Hamptons at Woodland Pointe, a 240-unit apartment community located in Nashville. The seller requested anonymity and the price was not disclosed. The property will be rebranded as Woodland Pointe Residences.
JLL, GA Group Broker $75M Sale-Leaseback of Family Dollar-Occupied Retail Portfolio Across 19 StatesCHICAGO — Chicago-based JLL Capital Markets and GA Group Real Estate have brokered the $75 million sale-leaseback of a 46-property Family Dollar retail portfolio across 19 states. JLL’s net lease team and GA Group represented the seller, FD Retail Properties LLC.
Representative imageGart Properties Acquires 158,000 SF Shopping Center in Kansas CityKANSAS CITY, MO. — Gart Properties has acquired Village at Burlington Creek, a 158,000-square-foot, grocery-anchored shopping center in Kansas City’s Northland corridor.
Seattle Housing Agency Buys First Multifamily Property for $60.9MSEATTLE — The Seattle Social Housing Developer (SSHD) has acquired its first multifamily property since city voters approved the creation of the independent public development authority in 2023.
IPA Arranges $32M Sale of Multifamily Property in Tucson, ArizonaTUCSON, ARIZ. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $32 million sale of Peaks at Redington, an apartment community in Tucson. An undisclosed seller sold the asset to Greenwater Real Estate Management for $106,312 per unit.
Barclays Buys £750M Headquarters At Canary WharfBarclays has cemented its long-term future at Canary Wharf with a £750M deal to secure control of its global headquarters, the latest sign that London's Docklands office market continues to gain momentum. The bank has acquired a long-term leasehold interest...
Showing Up for Community Through the REBNY Fellows Civic Day of ServiceOn a recent day at the Fisher House Foundation at the James J. Peters Veterans Administration Medical Center in the Bronx, real estate professionals traded notebooks and pens for garden tools as they gathered for an afternoon of hands-on service work.
LA Condo Property Sells to Its Original DeveloperMarcus & Millichap closed the sale of 11925 Kling St., a 48-condominium property in the Valley Village neighborhood of Los Angeles. The condominiums sold for an average price of $331,250 each.
AutoCanada Sells Lincolnwood Toyota DealershipAutoCanada Inc. has completed the sale of Toyota of Lincolnwood in Lincolnwood, Illinois, for approximately $40.1 million in cash, excluding inventory and net working capital. The dealership was part of the company’s U.S.
Horizon Storage Acquires Jefferson Valley FacilityJLL Capital Markets arranged the sale and facilitated the financing for Jefferson Valley Self Storage, a 405-unit self-storage facility in Jefferson Valley, NY. The firm’s Self-Storage Capital Markets team marketed the property on behalf of the seller, Columbia Pacific Advisors.
Historic Queens Bowling Alley Trades for $45M to Multifamily JVThe operators of the Whitestone Lanes bowling alley in Flushing, Queens, have gotten the ball rolling on a major multifamily redevelopment.
Waterton Buys South Florida Rental for $81MChicago-based investor Waterton has paid $80.5 million for a multifamily asset in Pembroke Pines, Fla., the buyer announced.
Sioni Group Acquires 38 West 21st Street in Flatiron District for $31MNew York City-based real estate investment and development firm Sioni Group has acquired a 12-story office building in Manhattan’s Flatiron District for $31 million, according to city records.
Representative imageU.K. Firm Bridgepoint Group to Acquire Kayne Anderson Real Estate in $1.4B DealU.K.-based Bridgepoint Group has entered the U.S. real estate market.
Representative imageLee & Associates Negotiates 78,272 SF Industrial Lease in North Fort WorthFORT WORTH, TEXAS — Lee & Associates has negotiated a 78,272-square-foot industrial lease in North Fort Worth. The tenant is Wistron Corp., a provider of high-tech communications products and services, and the space is located within Building H at 35 Eagle Center.
Representative imageMarcus & Millichap Brokers Sale of 49-Room Hotel in Clarendon, TexasCLARENDON, TEXAS — Marcus & Millichap has brokered the sale of a 49-room hotel in the West Texas city of Clarendon.
Pembroke Pines Rental Asset Trades for $80.5MWaterton Residential acquired The Landings at Pembroke Lakes Apartments in Pembroke Pines for $80.5 million. The seller was Bar Invest Group. The S. Florida Business Journal reports the property last traded in 2021 for $79.5 million.
SRS Real Estate Brokers $39.1M Sale of Office Property Leased to University of Wisconsin HealthMIDDLETON, WIS. — SRS Real Estate Partners has brokered the $39.1 million sale of a four-story, 197,860-square-foot office property in Middleton.