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Deals news – page 81
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TSB Realty Arranges Sale of 398-Bed Student Housing Community Near University of KentuckyLEXINGTON, KY. — TSB Realty has arranged the sale of Campus Court, a 398-bed student housing property located near the University of Kentucky campus in Lexington. Coastal Ridge Real Estate purchased the community from an undisclosed seller.
Trumark Real Estate Management Buys Multi-Tenant Industrial Building in Peoria, Arizona for $20.7MPEORIA, ARIZ. — Trumark Real Estate Management has acquired a multi-tenant industrial building, located at 8700 N. 91st Ave. in Peoria, from The Initial Development Co. for $20.7 million. Geoffrey Turbow of CBRE represented the buyer in the transaction.
Marcus & Millichap Arranges $4.5M Sale of Flex Industrial Property in Colorado SpringsCOLORADO SPRINGS, COLO. — Marcus & Millichap has negotiated the sale of a flex industrial building located at 3450 N. Nevada Ave. in Colorado Springs. A private investor group based in California and New York acquired the property for $4.5 million.
Representative imageCushman & Wakefield | PICOR Brokers $3.3M Sale of Office Building in TucsonTUCSON, ARIZ. — Cushman & Wakefield | PICOR has arranged the sale of a 52,000-square-foot office building located located at 100-150 N. Tucson Blvd. in Tucson. Tucson Sam Hughes LLC acquired the asset from Eria LLC for $3.3 million.
IPA Brokers Sale of 269-Unit Apartment Complex in Newington, ConnecticutNEWINGTON, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of Millyard at Meadow Commons, a 269-unit apartment complex in Newington, a southern suburb of Hartford.
Representative imageMissner Group Acquires 843,531 SF Industrial Portfolio in IndianaMERRILLVILLE AND WHITESTOWN, IND. — The Missner Group has acquired three Class A industrial properties totaling 843,531 square feet in Indiana. The acquisition includes a two-building, 540,986-square-foot portfolio located at 9401 and 9602 Georgia St.
Investment Firm Acquires SoHo Mixed-Use for $43MAV Management, a private New York based investment firm, completed the acquisition of 73-75 Sullivan St. in SoHo from a longtime SoHo developer for $43,333,000. Cushman & Wakefield’s Dylan Walsh and Nico Nicolaou represented the seller.
Family Office Collective Teams with Delshah, A.M. Properties on Midtown Office CondoREALM, in partnership with Delshah Capital and A.M. Properties, has acquired CitySpire, a 377,000-square-foot office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown Manhattan.
Hudson Valley Property Group Expands California Presence with Elk Grove AcquisitionHudson Valley Property Group (HVPG) has acquired Mosa Apartment Homes, a 387-unit, newly constructed affordable multifamily rental community located at 10149 Bruceville Rd. in Elk Grove, for $83.6 million including the assumption of debt.
ICSC 2026: Inflation, Trampoline Parks and the Fate of LuxuryAnother year is in the books. Tens of thousands of brokers and investors piled into the Las Vegas Convention Center earlier this week to talk retail at ICSC and Commercial Observer was on the ground to capture the mood.
Dutch Investor Pays $110M For New Rental in Aventura, Fla.Dutch investor Breevest has paid $110 million for a new multifamily asset near the Aventura Mall in Florida’s Miami-Dade County, property records show.
Representative imageFinial Group Negotiates 14,100 SF Industrial Lease Renewal in Northwest HoustonHOUSTON — Local brokerage firm Finial Group has negotiated a 14,100-square-foot industrial lease renewal in northwest Houston.
Representative imageNewman Commercial Buys 7,100 SF Retail Strip Center in The Woodlands, TexasTHE WOODLANDS, TEXAS — Newman Commercial Real Estate has acquired Grogan’s Forest Center, a 7,100-square-foot retail strip center in The Woodlands, about 30 miles north of Houston.
Blue Ridge Offloads 384-Unit Jax Apartment CommunityBlue Ridge sold the Reserve at Jacksonville Commons apartment complex in Jacksonville for $54 million. The buyer was Southwood Realty. The Reserve at Jacksonville Commons, which has 384 units, was built in the early 2000s and features one-, two- and three-bedroom apartments.
Newmark Brokers $32.1M Sale of Metro Boston Healthcare PropertyWATERTOWN, MASS. — Newmark has brokered the $32.1 million sale of a 52,847-square-foot healthcare property located at 485 Arsenal St. in the western Boston suburb of Watertown.
Representative imageLingerfelt Sells Logistics Park in Colonial Heights, Virginia for $78.2MCOLONIAL HEIGHTS, VA. — Lingerfelt has sold Ashton Logistics Park, a 523,047-square-foot industrial facility located in Colonial Heights, a suburb of Richmond. Newmark represented Lingerfelt in the $78.2 million transaction. The buyer requested anonymity.
Representative imageDominium Acquires Affordable Seniors Housing Community in Duluth, Georgia, Plans $9.9M RenovationDULUTH, GA. — Dominium has acquired Sweetwater Terraces, a 165-unit affordable seniors housing community located in Duluth, a northeast suburb of Atlanta. The property was originally developed in 2008 under the Low-Income Housing Tax Credit (LIHTC) program.
Portman Buys 1,073-Room Westin Peachtree PlazaPortman acquired the Westin Peachtree Plaza, a 1,073-key full-service hotel in downtown Atlanta, from Marriott International. The hotel will remain in Marriott’s portfolio under a long-term management agreement.
Representative imagePremier Logistics, Penwood Acquire Two Industrial Buildings in Inland Empire Totaling 1.5 MSFRIALTO, CALIF. — Premier Logistics Properties, in partnership with Penwood Real Estate Investment Management, has purchased two infill big-box warehouses in the Inland Empire.
Representative imageLegacy Purchases Development Site in Southern Arizona, Plans 45,000 SF Retail CenterMARICOPA, ARIZ. — Legacy Development Partners has purchased a development site in Maricopa for a planned, ground-up retail center. Construction on the property is expected to begin immediately.