Seller: Prologis, Inc. | Buyer: North Haven Net REIT (Morgan Stanley)
Why: North Haven Net REIT (Morgan Stanley) likely acquired this stabilized, single-tenant distribution facility from Prologis, Inc. to add long-term, NNN industrial income to its perpetual-life net lease portfolio, consistent with its core strategy of generating predictable, distributable cash flow.
Industrial Sale-Leaseback | Marion
1650 Marion-Agosta Rd.
$60,394,318 ($86.23/SF)
700,350 SF
Seller: Whirlpool Corporation | Buyer: TPG Angelo Gordon
Why: TPG Angelo Gordon likely acquired this industrial asset in a sale-leaseback with Whirlpool Corporation, providing Whirlpool with a capital-recycling liquidity event while TPG Angelo Gordon secures long-term, NNN-style income from a large operating industrial tenant.
Industrial Portfolio Sale | West Chester
$39,000,000 ($128.32/SF)
303,928 SF
8800 Global Way
$23,000,000 ($107.84/SF)
213,288 SF
10121 Princeton Glendale Rd.
$16,000,000 ($176.52/SF)
90,640 SF
Seller: Lincoln Property Company | Buyer: Swift Creek Real Estate Partners
Why: Swift Creek likely acquired the 100%-leased West Chester industrial assets from Lincoln Property Company to secure stable, long-term cash flow in a Cincinnati logistics submarket while positioning for rent growth and future value creation at scale. This adds to the three industrial properties they acquired on June 29, 2026, in Grove City (Columbus), featured in a previous edition of the Coyne Report.
Industrial Sale | Mason
4773 Bethany Rd.
$31,100,000 ($53.55/SF)
580,712 SF
Seller: Mitsubishi Electric Automotive America, Inc. | Buyer: Mitsubishi Electric US, Inc.
Why: This transaction appears to be an internal sale between related Mitsubishi‑affiliated entities, likely recorded for internal book/transfer purposes or lender underwriting, rather than a true arm’s‑length market trade.
Industrial Sale | Carey
581 Arrowhead Dr.
$17,822,195 ($75.15/SF)
237,155 SF
Seller: J&K Fremont Property, LLC | Buyer: Hanon Systems USA LLC
Why: Hanon Systems USA likely acquired this campus,which it has occupied as a tenant since ~2017, to convert from a lease to fee-simple ownership of its Carey manufacturing operations, securing long-term occupancy control and eliminating landlord dependency for its automotive thermal management production.
Nursing Home Sale | Bryan
1104 Wesley Ave.
$14,115,920 ($265.37/SF)
53,194 SF
Seller: Majestic Care (Marx Development Group) | Buyer: Sweetwater Care
Why: Sweetwater Care, a national skilled nursing facility owner-operator that specializes in turnaround opportunities, likely acquired this facility to reposition its operations and clinical performance under its own management platform, consistent with its stated investment strategy.
Land Sale | Canal Winchester
5681 Bixby Rd.
$13,100,000 ($181,727/AC)
72.086 AC
Seller: Dale C. & Teresa L. Schacht | Buyer: The Opus Group
Why: The Opus Group acquired this farmland to develop a speculative three building industrial campus totaling roughly 894,000 SF, consistent with its established pattern of build-to-suit and spec industrial development across Ohio and the Midwest.
Retail Sale | Northfield
290 E. Aurora Rd.
$10,700,000 ($170.53/SF)
62,747 SF
Seller: Sacco of Macedonia LLC | Buyer: FrontView REIT
Why: FrontView REIT likely acquired this high-traffic-frontage grocery property to add necessity-retail, net-lease income from an operating regional grocery tenant, consistent with the REIT's stated strategy of building a diversified frontage-based portfolio across multiple U.S. states.
Why: Agree Realty likely acquired this retail asset to add long-term NNN income from a necessity-based national retail tenant, consistent with its exclusive focus on single-tenant, e-commerce-resistant retail across all 50 states.
Retail Portfolio Sale | Columbus
$8,800,000 ($102.34/SF)
85,989 SF
2561-2595 S. Hamilton Rd. & 2519-2551 Franksway St.
$7,392,000 ($111.17/SF)
66,491 SF
4245 Macsway Ave.
$1,408,000 ($72.21/SF)
19,498 SF
Seller: Landmark Properties Group | Buyer: Saraga International Grocery
Why: Saraga International Grocery likely bought the three shopping centers across from its existing store to control and reposition the surrounding retail that amplifies the grocery’s traffic and drives additional rental income and redevelopment upside.
Why: Proterra Net Lease Acquisitions likely bought 502 Eric Wolber Ave. as a sale-leaseback-style industrial net-lease investment, providing Associated Plastics Corp.'s new owner, Nickolas Asset Management, with capital to modernize a mission‑critical, 150,000‑square‑foot manufacturing campus while securing long-term occupancy and predictable rental cash flow.
*Property sold June 26, 2026, but was recorded by Hardin County on July 9, 2026.
Why: The Kassouf family’s acquisition of Ohio Savings Plaza and Park Plaza further consolidates their control over a critical stretch of E. Ninth Street in downtown Cleveland, adding a low-basis, value‑add office assemblage to their portfolio and complementing their earlier May 4, 2026 purchase of 800 Superior, a 475,000‑square‑foot tower (formerly the AmTrust Building) acquired for 4 million dollars and located nearly directly across from Ohio Savings Plaza on the opposite side of E. Ninth Street.
Medical Office for Sale | Hilliard
4595-4611 Trueman Blvd.
$7,000,000 ($335.92/SF)
20,838 SF RBA
Sale Contact: Randall Jackson of Jackson Real Estate & Development
Medical Office for Sale | Toledo
4646 Nantucket Dr.
$5,975,000 ($292.35/SF)
Cap Rate: 7.18%
20,438 SF RBA
Sale Contact: Jeremy Miller of Equity Mill Real Estate
