Good morning. Welcome to CREalts! Every day, we cover the top stories in alternative CRE sectors. Today, we learn about Terreno’s $23.1M Maryland industrial acquisition and $295M in grocery-anchored retail deals in Louisville.
Today’s issue is sponsored by BTR Summit — Atlanta 2026. High-signal. Recognizable names. Curated attendance. Request an invitation here → link
INDUSTRIAL STRENGTH: Terreno Realty acquires fully leased, 36,000-SF industrial property in Hyattsville, MD, for $23.1M. Read more here.
RETAIL THERAPY: Kimco Realty buys 2 grocery-anchored shopping centers in Louisville, KY, for a combined $295M. Read more here.
CENTER STAGE: Continental Realty acquires 125,000 SF Quebec Village Shopping Center near Denver for $31M. Read more here.
OFFICE DISCOUNT: Hines JV acquires Chicago trophy office tower for $115M, at a significant discount to its purchase price 6 years ago. Read more here.
STUDENT HOUSING: UNCW affiliate buys 216-bed asset for $16.25M. PLAYER: Miles Lackey. Read more here.
STUDENT HOUSING: Edgemoor/Sunflower closes financing for 482 beds at University of Kansas in Lawrence. PLAYERS: Geoff Stricker, Brian Larkin, Heather Blanck. Read more here.
BTR: TriPost commits $66.5M to Trilogy’s residential platform. PLAYERS: Jason Joseph, Brad Carroll, Todd Silverman. Read more here.
BTR: Encore Finance closes $275M inaugural SFR securitization. PLAYERS: Beth O’Brien, Caroline Morrill. Read more here.
SENIOR HOUSING: Artemis Real Estate Partners acquires 168-unit Atria Newport Beach senior living community from Ventas for $88.5M. Read more here.
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MED OFFICE: CBRE sells 3-building medical office portfolio in Phoenix metro for $12.8M. PLAYERS: Geoffrey Turbow, Emily Minnier, Brian Butler. Read more here.
MED OFFICE: Marcus & Millichap sells Seattle area medical office for $5.1M. PLAYERS: Ruthanne Loar, Clay Brown, Trevor Lane. Read more here.
DISTRESSED: Martin Selig Real Estate restructures nearly $500M in loans on 12 Seattle office buildings totaling 2.2M SF, ending receivership on nine properties. Read more here.
CONVERSION: Northwind Group provides $231M construction loan for conversion of 32-story 675 Third Avenue in Manhattan into up to 450 apartments. Read more here.
COWORKING: Stark Office Suites expands Garden City, NY, coworking footprint with 14,553 SF at 1225 Franklin Avenue. Read more here.
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Disclaimer: The authors of CREalts are not finance or tax experts. This email is for educational use and not financial advice. Do your own research and consult with professionals before making financial decisions. Our content, which may contain affiliate links and sponsor posts, is subjective and not to be used as the only basis for such decisions. We are not responsible for any losses from relying on this information. Past performance of any asset is not indicative of future results.
