Acquisition of the Week

A newly constructed Tractor Supply Company in Naples has been sold by Southeast-based developer HSC Orangetree, LLC to Minter Homewood, LLC, a private 1031 exchange investor from the Midwest. More

RealtyLink, a private developer based in Greenville, S.C., sold a newly built, single-tenant Sprouts Farmers Market in Nashville, Tenn., to a private investor from the Los Angeles area. More

Berta Management sold Delray Corner — an 86,000-s.f. shopping center in Delray Beach — to O’Connor Capital Partners for $28.8M.  More

A three-property industrial portfolio in the San Francisco Bay Area has been sold for $120M. The sellers, Link Logistics, transferred the properties to the buyers, BKM Capital Partners (BKM) and Kayne Anderson Real Estate, through a joint venture. More

Tacoma’s M Street Industrial Park, located at 2940 South M Street, has been sold for $5M in a 1033 exchange. The seller, HWD LLC, transferred the property to Arrowhead DJM LLC. Both are private investors.  More

Allen Chelminsky has acquired a 137,021-s.f. office building in Boca Raton, Fla., from Keystone Property Group for $29.15M.  Property: Office building Price: $29.15M Seller: Keystone Property Group Buyer: Allen Chelminsky Located at 1200 Corporate Place, the property is at the intersection of Glades Road and Federal Highway/U.S. Route 1 — a gateway corridor that connects downtown Boca More

HP Investors and Realm L.P. have acquired 1450 Frazee Road, — a seven-story, 145,000-s.f. office building in San Diego’s Mission Valley neighborhood — from DRA Capital in an off-market transaction valued at $20.25M. The property will be rebranded as Axis 1450. More

Premiere Titan Properties LLC acquired a 10,000-s.f. medical office building located at 1001 Pleasant Valley Way in West Orange, N.J., from Robert Scibetti for $2.5M.  Property: Medical Office Building Price: $2.5M Seller: Robert Scibetti Buyer: Premiere Titan Properties LLC The two-story property is located across from the Essex County Country Club, near the Interstate 280 exchange and More

Roscoe Village Riverfront, an 80,000-s.f. parcel with 300 feet of Chicago River frontage, has been sold to Zev Salomon of ZSD Corp for $5.95M. The buyer plans to develop a 35-unit residential community on the site called RiverWard Row Homes. Property: Roscoe Village Riverfront parcel in Chicago Price: $5.95M Buyer: ZSD Corp The site, located at 2221 More

The Nature Nurture Foundation (NNF) sold the Grand Eastonian Hotel & Suites to CanalHouse Hospitality Enterprises LLC for $5.6M. Located in downtown Easton, the historic hotel has played a significant role in the city’s revitalization. More

Midas Clemson LLC sold the Courtyard by Marriott Clemson to Pappas Hotels for $15.65M. Located at 201 Canoy Lane in Clemson, S.C., the 110-room hotel is the only upscale, franchised hotel in the Clemson University area, which is 1.4 miles away. More

The RH Johnson Company sold Westgate Shopping Center in Fairview Park, Ohio, to Phillips Edison & Company for $51.5M. The 311,440‑s.f. open-air center is 97.2% occupied, featuring Target, Lowe’s, Kohl’s, Marshalls and Petco as anchor stores. More