Acquisition of the Week

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

Ledo Capital Group sold a newly constructed, single-tenant 7‑Eleven to SB E Street LLC, a private investor in San Diego. Built in 2023, the 5,596‑s.f. convenience store sits on a 1.15‑acre lot and includes a Laredo Taco Company and 12 fuel pumps. The sale included a 15‑year, triple‑net absolute lease with 14 years remaining, including More

KM2 Development, Inc. sold Kiley Ranch Marketplace, a 46.71-acre parcel, located at the southwest corner of Wingfield Hills Road and Pyramid Highway in Sparks, to Barclay Group. The site is slated for a 400,000-s.f. retail power center, the first in Sparks in two decades. More