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Abby Cox

Park-Lawn-Plaza
IllinoisInvestment salesNews

Marcus & Millichap Arranges $4.5 Million Sale of Retail Property in Oak Lawn, Illinois

by Abby Cox

Oak Lawn, Ill. — Marcus & Millichap has arranged the $4.5 million sale of Park Lawn Plaza, a 13-suite retail property in the Chicago suburb of Oak Lawn. The property, which was 84 percent occupied at the time of sale, spans 2.5 acres and totals 24,685 square feet. Tenants include Cutting Edge Salon, The Black Oak, Cicero Dental and Athletico Physical Therapy, according to LoopNet Inc. Adrian Mendoza, Sean Sharko and Austin Weisenbeck of Marcus & Millichap represented the seller, a local real estate investment company. The buyer was a …

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7-Eleven
CaliforniaDevelopmentInvestment salesNews

Hanley Investment Negotiates $3.6 Million Sale of Single-Tenant Retail Property in Southern California

by Abby Cox

Yucaipa, Calif. — Hanley Investment Group Real Estate Advisors has negotiated the $3.6 million sale of a single-tenant retail property located in Yucaipa, roughly 10 miles east of San Bernardino. Still under construction, the 4,088-square-foot building will be occupied by a 7-Eleven convenience store on a 15-year corporate lease. The retail property is situated within a Stater Bros.-anchored shopping center. Bill Asher and Jeff Lefko of Hanley, along with Jeff Stanley of Lee & Associates, represented the seller, Evergreen Devco, in the transaction. John Hans of Colliers represented the 1031 exchange …

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Smalls Sliders
DevelopmentNewsRestaurantsTexas

Smalls Sliders to Open Five Restaurants in Fort Worth, Texas

by Abby Cox

Fort Worth, Texas — Atlanta-based cheeseburger slider concept Smalls Sliders has signed a franchise agreement to open five new units, dubbed “Cans,” in North Fort Worth. Local development group Slidin Thru LLC will operate the new locations. Smalls Sliders has recently opened additional units in Texas, such as El Paso, Tomball, Willis and Arlington. Founded in 2019, Smalls Sliders currently has 375 Cans open or under development and is active across 30 states. 

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IllinoisLeasingNews

Five New Retailers Sign Leases at North Riverside Park Mall in Suburban Chicago

by Abby Cox

North Riverside, Ill. — Five new retailers have signed leases to open at North Riverside Park Mall in the Chicago suburb of North Riverside. The leases, which include Canada Weather Gear, Lovisa Jewelry & Accessories, Boneyard Chicago, FLX Move Pilates and Hello Sweetie, bring the property to 96 percent occupancy. Most of the tenants are now open. The Feil Organization owns the 1.2 million-square-foot shopping center. Feil originally acquired the mall in 2004 and completed an $8 million capital improvement plan in November 2024.

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Summit-Fair
Investment salesMissouriNews

Block & Co. Buys 510,000-Square-Foot Summit Fair Lifestyle Center in Suburban Kansas City

by Abby Cox

Lee’s Summit, Mo. — Block & Co. Inc. Realtors has purchased Summit Fair, a lifestyle center in the Kansas City suburb of Lee’s Summit. Totaling roughly 510,000 square feet, the property is approximately 90 percent leased. Tenants include Dick’s Sporting Goods, H&M, Lululemon, Made in KC Marketplace, Craft Putt, Orangetheory, Pure Barre, Chick-fil-A, DSW, McAlister’s Deli, JC Penney and Missouri Furniture Mart. Sephora and LoveSac are slated to open soon at the center. Block & Co. intends to introduce community-focused events and expand the tenant mix at Summit Fair. The …

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Walmart
IllinoisInvestment salesNews

Marcus & Millichap Brokers $12.5 Million Sale of Walmart-Occupied Retail Property in Metro Chicago

by Abby Cox

Rolling Meadows, Ill. — Marcus & Millichap has brokered the $12.5 million sale of a 130,200-square-foot retail property occupied by Walmart in the Chicago suburb of Rolling Meadows. Built in 2000 and renovated in 2016, the single-tenant property sits on 9.8 acres. Walmart, which recently signed a long-term lease extension with an absolute net structure backed by a corporate guarantee, has occupied the space for nearly 25 years. Ashish Vakhariya, Seth Haron, Darin Gross and Steven Weinstock of Marcus & Millichap represented the private equity fund seller and procured the …

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Cross-Creek-Plaza
Investment salesNewsTexas

STRIVE Negotiates Sale of 16,963-Square-Foot Retail Strip Center in Metro Houston

by Abby Cox

Fulshear, Texas — STRIVE has negotiated the sale of Cross Creek Plaza, a 16,963-square-foot retail strip center in Fulshear, a western suburb of Houston. The center was built in 2024 and is located at the entrance of the Cross Creek Ranch master-planned community. Cross Creek Plaza was fully leased at the time of sale to tenants including Five Guys, Cold Stone Creamery and Floreo Nail Spa. Jake Dutson of STRIVE represented the seller, a local developer, in the transaction. John Kourafas of Visintainer Group represented the buyer.

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Laynes Chicken Fingers
DevelopmentNewsTexas

Layne’s Chicken Fingers Signs 44-Unit Deal in Texas 

by Abby Cox

College Station, Texas — College Station, Texas-based Layne’s Chicken Fingers has signed a franchise agreement to open 44 new units across Texas. Real estate and restaurant developer Eli Cohen will operate the restaurants. As part of the agreement, Cohen’s team plans to open multiple new Layne’s locations in Lubbock, with two sites already confirmed and a third under consideration. In addition to the deal with Cohen, Layne’s has also executed a 12-unit deal with a Wendy’s operator in the Rio Grande Valley; an eight-unit deal with a former water bottling entrepreneur …

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FloridaLeasingNews

Eight New Tenants Join Clay Town Center Near Jacksonville, Florida, as Center Continues Development

by Abby Cox

Middleburg, Fla. — Paradigm Partners has signed or opened eight new tenants to Clay Town Center, a newly constructed, 18,500-square-foot mixed-use retail and restaurant development in Middleburg, roughly 30 miles southwest of Jacksonville. Mattress Warehouse, MedPlus Pharmacy, Domino’s Pizza and Wingstop opened earlier this year, while Anejo Cocina Mexicana and Verde Vida Healthy Kitchen debuted at the center this month. Additionally, Sizzling Nails is expected to open in January and Firehouse Subs is anticipated to launch in April. Clay Town Center is expected to create more than 100 local jobs …

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Deerbrook-Shopping-Center
Grocery-anchoredIllinoisInvestment salesNews

Mid-America Brokers Sale of 428,612-Square-Foot Deerbrook Shopping Center in Metro Chicago

by Abby Cox

Deerfield, Ill. — Mid-America Real Estate Corp. has brokered the sale of Deerbrook Shopping Center, a 428,612-square-foot open-air center located in Deerfield, approximately 28 miles north of downtown Chicago. The purchase price was $44 million, according to several media sources. The property spans 47.5 acres and is anchored by Jewel-Osco. Additional tenants include Marshalls, Floor & Décor, Sky Zone, Office Depot, Starbucks Coffee, Panera Bread, Noodles & Co., Sleep Number, City BBQ, Mattress Firm and Subway. Rick Drogosz, Joe Girardi and Patrick Corrigan of Mid-America represented the seller, a global investment advisor, …

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