Deals news – page 83

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DealWorkforce Housing Changes Hands in Western MassachusettsMay 20, 2026Northeast Private Client Group (NPCG) arranged the sale of Beech Tree Apartments in Great Barrington, MA. Although the sale price was not disclosed, the workforce housing complex last traded for approximately $8 million.DealMedicalRosendin Converting Chandler MOB to Regional HQMay 20, 2026Rosendin Electric purchased a two-story, 100,622-square-foot medical office building on the Allred Park Place office campus and will convert it into its new regional headquarters. The Phoenix Business Journal reports Rosendin bought the building for $17.7 million.Representative imageDealScion Group, Ares Management Buy U.S. Student Housing Portfolio for $910MMay 20, 2026The biggest student housing portfolio deal of the year is now on the books. Student housing owner and operator the Scion Group and private equity giant Ares Management have acquired a 12-property housing portfolio in the U.S.DealDemolition Work to Clear Way for New AT&T HQMay 20, 2026KDC has purchased the former Electronic Data Systems campus (shown) in Plano and begun demolition to clear the way for a new $1 billion global headquarters for AT&T Inc.DealIndustrialColliers’ Virginia Office Facilitates $360M Sale of Manufacturing Site in TaiwanMay 20, 2026Colliers advised The Chemours Company on the sale of its industrial site at its former titanium dioxide manufacturing facility in Taiwan for $360 million. The transaction includes ten contiguous lots spanning across 67.83 acres.Representative imageDealIndustrialFinial Group Negotiates Sale of Three Industrial Buildings Totaling 19,500 SF in West HoustonMay 20, 2026HOUSTON — Locally based brokerage firm Finial Group has negotiated the sale of three industrial buildings totaling 19,500 square feet in West Houston. According to LoopNet Inc., the buildings at 5727 Glenmont Drive were constructed in 1978.DealIndustrialTranswestern Investments Sells 392,983 SF Warehouse in San BernardinoMay 20, 2026SAN BERNARDINO, CALIF. — Transwestern Investments has completed the disposition of San Bernardino I, a Class A industrial warehouse located in San Bernardino within the Inland Empire East submarket. Terms of the transaction were not disclosed.DealIndustrialBelkorp Buys Manufacturing Facility in Phoenix’s Sky Harbor Submarket for $44.1MMay 20, 2026PHOENIX — Belkorp has acquired an advanced manufacturing facility, located at 3809 E. Watkins St. in Phoenix, from an undisclosed seller for $44.1 million. Situated within the Sky Harbor Airport submarket, the 174,801-square-foot asset features 8,000 amps of power.DealIndustrialNorthPeak Commercial Advisors Arranges Sale of 5,040 SF Industrial Building in Castle Rock, ColoradoMay 20, 2026CASTLE ROCK, COLO. — NorthPeak Commercial Advisors has negotiated the sale of an industrial property located at 1810 Park St. in Castle Rock. The 5,040-square-foot asset traded for $1.3 million, or $251 per square foot.DealQSRMarcus & Millichap Brokers Sale of 2,847 SF Restaurant Property in PhoenixMay 20, 2026PHOENIX — Marcus & Millichap has brokered the sale of a single-tenant restaurant property located at 2817 N. 7th St. in Phoenix.Representative imageDealCushman & Wakefield, JLL Broker Sale of 2,043-Unit Self-Storage Portfolio in ChicagoMay 20, 2026CHICAGO — Cushman & Wakefield and JLL have brokered the sale of a two-property self-storage portfolio in Chicago. The brokerage firms represented the seller, Self Storage 1.DealIndustrialColliers Negotiates Sale of 208,000 SF Industrial Facility in Rossford, OhioMay 20, 2026ROSSFORD, OHIO — Colliers has negotiated the sale of Innovation Industrial Park Building 2, a 208,000-square-foot industrial facility in Rossford near Toledo.DealMedicalMarcus & Millichap Arranges $3.4M Sale of Medical Office Building in Gurnee, IllinoisMay 20, 2026GURNEE, ILL. — Marcus & Millichap has arranged the $3.4 million sale of a 10,000-square-foot medical office building leased to Aurora Health Care in Gurnee. The Class A property was built in 2005.DealBenchmark Buys Upper West Side Apartment Building From Heller for $42MMay 19, 2026Benchmark Real Estate Group is taking a prewar apartment building on Manhattan’s Upper West Side off the Heller Organization’s hands.DealIndustrialHarbor Associates-Led Venture Buys SoCal Industrial Park for $81MMay 19, 2026A small-bay industrial campus in Southern California has traded hands for about $289 a square foot as smaller warehouse properties outperform larger assets in the top logistics and manufacturing market in the U.S.DealCarmel Partners Seals Acquisition of UWS Multifamily Portfolio Minority StakeMay 19, 2026Carmel Partners has officially closed on its acquisition of a 49 percent stake in a five-building multifamily portfolio on the Upper West Side, Commercial Observer has learned. The firm purchased the stake from MetLife.DealOfficeAI Is in the Office in New York, and Other ObservationsMay 19, 2026Artificial intelligence firms are filling office buildings at an accelerated pace recently, but that doesn’t bring much comfort to landlords and brokers tracking layoffs in the tech industry thanks to machine learning taking the jobs of the programmers who made it.DealOnyx Partners Acquires Needham’s You-Do-It Electronics BuildingMay 19, 2026Onyx Partners Ltd., a locally based commercial real estate investment and development firm, has acquired the former You-Do-It Electronics Center building at 40 Franklin St. in Needham, MA for an undisclosed sum.Representative imageDealBuilding Equity Management Buys Historic Nolita Retail Building for $45MMay 19, 2026A mainstay storefront in Manhattan’s Nolita neighborhood has sold for $44.98 million, according to city records made public Monday. The four-story retail building, located at 236 Bowery, is between Prince and Stanton streets, opposite the New Museum.DealJLL Arranges $142M for Luxury River North MF PropertyMay 19, 2026JLL has arranged a $141.817 million refinancing for Wolf Point West, a luxury multifamily property in Chicago’s River North neighborhood.