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CBRE Brokers Arranges Sale, Acquisition Financing for MN Industrial Portfolio
Chicago & Midwest | January 16, 2026CBRE has arranged the sale and acquisition financing for a 255,501-square-foot industrial portfolio featuring two properties in Maple Grove, Minnesota. Enclave purchased the portfolio from Artis REIT for $25.5 million. CBRE’s Judd Welliver, Bentley Smith, Zach Graham, Ryan Bain, Michael Caprile and Joe Horrigan represented the seller in the transaction. CBRE’s Joel Torborg, Mike Vannelli ...
Birkenstock Flagship Store Sells in All-Cash Transaction
Downtown New York | January 16, 2026Adirondack Capital Partners (ACP) closed the $18.5-million sale of 120 Spring St., a high-street retail property located in the SoHo Cast Iron Historic District. The two-story retail building, fully occupied as a flagship store by Birkenstock, was acquired by an ultra-high-net-worth private investor from Japan in an all-cash transaction. The seller was 120 Spring Realty Associates LLC. Michael Hunter ...
Pasadena’s Chamber of Commerce Building Trades to Local Investor
California | January 16, 2026Newmark arranged the sale of The Chamber of Commerce Building, a circa-1904 office property located at 117 E. Colorado Blvd. in Pasadena, to a partnership led by Pasadena-based investor Pete Kutzer and his company, Edgewood Realty Partners. L.A. Business First reported the sale price was believed to be north of $27 million. The 84% leased ...
Global Holdings Tops Out on First Anagram Tower Outside Manhattan
New York & Tri-State | January 16, 2026Global Holdings, in partnership with MacArthur Holdings and Tankhouse, marked the topping out of the luxury mixed-use residential tower Anagram Gowanus. Located at 450 Union St. in the Gowanus neighborhood of Brooklyn, this is the fifth building within Global Holdings’ Anagram residential portfolio and its first outside Manhattan. Anagram Gowanus is slated for completion in the second quarter of 2027. ...