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Abby Cox

Wind-Point-shopping-center
Grocery-anchoredIllinoisInvestment salesNews

Mid-America Brokers Sale of 255,704-Square-Foot Wind Point Shopping Center in Batavia, Illinois

by Abby Cox

Batavia, Ill. — Mid-America Real Estate Corp. has brokered the sale of Wind Point Shopping Center, a 255,704-square-foot grocery-anchored shopping center located in Batavia, a western suburb of Chicago. Aldi anchors the property, which was 98.7 percent leased at the time of sale. Other tenants include Kohl’s, Hobby Lobby, Harbor Freight Tools, OfficeMax, HobbyTown, Pickled!, Petland and AT&T. Ben Wineman and Emily Gadomski of Mid-America Real Estate Corp. represented the seller, New Orleans-based PMAT Real Estate Investments. The center was acquired by Fayetteville, Arkansas-based Core Equity Partners.

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Plaza 44
FinanceGrocery-anchoredNew YorkNews

Basis Investment Group Provides $27.5 Million in Refinancing for Grocery-Anchored Shopping Center in Poughkeepsie, New York

by Abby Cox

Poughkeepsie, N.Y. — Basis Investment Group has provided a $27.5 million bridge loan to refinance the existing debt of Plaza 44, a 168,713-square-foot, grocery-anchored neighborhood shopping center located north of New York City in Poughkeepsie. Capstone Realty was the borrower. Stop & Shop anchors the property, which houses a mix of other tenants such as Ross Dress for Less, Dollar Tree and KeyBank, as well as additional local businesses. Capstone plans to renovate the center and market the property for sale in the next two years. 

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Market Meadows
FinanceGrocery-anchoredIllinoisNews

JLL Arranges $27.3 Million in Financing for Market Meadows in Metro Chicago

by Abby Cox

Naperville, Ill. — JLL Capital Markets has arranged $27.3 million in financing for the acquisition of Market Meadows, a 149,185-square-foot shopping center located in Naperville, approximately 28 miles west of Chicago. Jewel-Osco anchors the property, which was 98.3 percent leased at the time of sale. Additional tenants include U.S. Bank, BMO Bank, T-Mobile, Chipotle Mexican Grill, Jersey Mike’s and McDonald’s. Chris Drew, Travis Anderson, Chris Knight, Wells Waller and Merrick Evans arranged the seven-year, fixed-rate loan through Principal Asset Management on behalf of the borrower, Barings.

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The-Village-at-Bridgewater-Commons
DevelopmentNew JerseyNews

Pacific Retail Unveils Plans for Renovation of 1.2 Million-Square-Foot Mall in Northern New Jersey

by Abby Cox

Bridgewater, N.J. — Pacific Retail Capital Partners (PRCP) has unveiled plans for the renovation of Bridgewater Commons, a 1.2 million-square-foot mall in the Northern New Jersey city of Bridgewater. The renovation will feature improvements to the food court, updates to lighting and interior landscaping, as well as fresh paint and bannisters throughout the center court, department store wings and mezzanine levels. PRCP acquired the property in 2023 and has spent the past two years revamping the tenant roster with the additions of retailers such as Alo Yoga, Fogo de Chão, …

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Fields West
LeasingMixed-useNewsTexas

Karahan Cos. Signs Leases with 10 New Tenants at Fields West in Frisco, Texas

by Abby Cox

Frisco, Texas — The Karahan Cos. has signed leases with 10 new tenants at Fields West, a 55-acre mixed-use development located within the 2,500-acre master-planned community of The Fields in Frisco. Retailers include Crate & Barrel, Culinary Dropout, Design Within Reach, Face Foundrie, Gorjana, Landry Kate, North Italia, Maman, TravisMathew and U MedSpa. Additional retailers such as Bloomies, Alo Yoga, Arhaus, Kendra Scott, Pottery Barn, Sephora and Williams Sonoma were previously confirmed at the property, which is now currently 70 percent preleased. Fields West secured a $425 million construction loan and …

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Fieldstone Marketplace
Investment salesMassachusettsNews

Private Investor Acquires 192,003-Square-Foot Shopping Center in New Bedford, Massachusetts, for $12.2 Million

by Abby Cox

New Bedford, Mass. — A private real estate investor has acquired Fieldstone Marketplace, a 192,003-square-foot shopping center located in New Bedford, for $12.2 million. Restaurant Depot and Ollie’s Bargain Outlet anchor the property, which was recently renovated. Other tenants at the center include Golden Star Chinese Restaurant, Dunkin’, Dollar Tree and Sally Beauty Supply, according to LoopNet Inc. Fieldstone Marketplace was originally built in 1988 on nearly 25 acres. Nat Heald, Connor Scott and Jordana Roet of CBRE’s National Retail Partners team procured the buyer and represented the seller in the …

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Lexington-Parkway-Plaza
Investment salesNewsNorth Carolina

Legacy Realty Group Closes Sale of 267,775-Square-Foot Shopping Center in Lexington, North Carolina

by Abby Cox

Lexington, N.C. — Legacy Realty Group Advisors has arranged the sale of Lexington Parkway Plaza, a 267,775-square-foot shopping center located in Lexington, approximately 20 miles south of Winston-Salem. Belk, Planet Fitness, Tractor Supply and Ollie’s Bargain Outlet anchor the property. Additional tenants include Dollar Tree, Gabe’s, Hibbett Sports, Cato Fashions, Wingstop, GNC and Jersey Mike’s. Jacob Baruch and Ari Warshaw of Legacy Realty Group represented the buyer in the off-market transaction. Will Whitley of New South Properties represented the seller.

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6315-S-Rainbow-Blvd-Las-Vegas-NV
Investment salesNevadaNews

Avison Young Negotiates $6.6 Million Sale of 18,000-Square-Foot Retail Building in Las Vegas

by Abby Cox

Las Vegas — Avison Young has facilitated the sale of an 18,000-square-foot retail property located in Las Vegas. A Las Vegas-based private trust sold the property to Syndicate MMA, a mixed martial arts gym and tenant since 2019, for $6.6 million. Syndicate MMA occupies 15,000 square feet of the building, with a salon and medical practice occupying the remaining space. Hillary Steinberg and Corina Towle of Avison Young represented the seller, while Kevin Jacobson of Iron Will LLC represented the buyer in the transaction.

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2701 E. Main St. in St.
IllinoisInvestment salesNews

Greenstone Partners Brokers $1.9 Million Sale of Two-Tenant Retail Property in Suburban Chicago

by Abby Cox

St. Charles, Ill. — Greenstone Partners has brokered the $1.9 million sale of 2701 E. Main St., a 4,083-square-foot retail property located in St. Charles, a western suburb of Chicago. The two-tenant building features a drive-thru and is occupied by Dunkin’ and Options Medical. Both tenants operate under net lease structures. Brewster Hague, AJ Patel and Tom Galvin of Greenstone Partners represented the seller, a private partnership, in the transaction. The buyer was a local investor.

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Investment salesNewsTexas

Woodmont Co. Arranges Sale of 9,929-Square-Foot Retail Center in Suburban Dallas

by Abby Cox

Wylie, Texas — The Woodmont Co. has arranged the sale of a 9,929-square-foot retail center located at 2030 N. State Highway 78 in Wylie, a northeastern suburb of Dallas. Built in 2024, the property was fully leased at the time of sale to a mix of tenants including The UPS Store and Hot Pancakes, as well as an urgent care and dentist office. Russel Wehsener of The Woodmont Co. represented the buyer in the transaction. George Tak of Jual Properties represented the seller.

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