Author

Abby Cox

Mesa-Grand-Shopping-Center

Mesa, Ariz. — Gantry has secured a $38 million permanent loan to refinance maturing debt for Mesa Grand, a 224,000-square-foot regional power center located in Mesa, roughly 19 miles east of Phoenix. Tenants at the center include Famous Footwear, Burlington Coat Factory, Michaels, Dollar Tree, Texas Roadhouse, Starbucks Coffee, Chili’s and Crunch Fitness, which will open soon. Tim Storey, Chad Metzger and Andrew Christopherson of Gantry represented the borrower, a private real estate investor. An institutional balance sheet lender provided the five-year, fixed rate loan, which features full-term interest-only payments with …

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Pavilion-on-Lovers-Lane

Dallas — Corrigan Investments has sold Pavilion on Lovers Lane, a 113,823-square-foot neighborhood center located in Dallas. Barry Brown, Erin Myer, Wally Reid, Kristi Leonard and Luke Rogers of JLL Capital Markets arranged the sale and acquisition financing in the transaction. The buyer was a Dallas-based real estate investment firm. This acquisition marks the first time the property has ever been offered on the market. Pavilion on Lovers Lane spans two buildings and was 99.7 percent leased at the time of sale to tenants including Eatzi’s, Odelay, Stay Fit Studios and La …

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Sprouts-Venice-Fla

Venice, Fla. — SRS Real Estate Partners has arranged the $14.8 million sale of a single-tenant retail property located in Venice, approximately 18 miles south of Sarasota. Sprouts Farmers Market occupies the 23,250-square-foot building, which was built in 2025, on a corporate-guaranteed lease with 19 years remaining. Patrick Nutt and William Wamble of SRS represented the seller, a national real estate developer, in the transaction. The buyer was a Detroit-based private investor.

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fifth-third-bank

Tucker, Ga. — Marcus & Millichap has brokered the $4.7 million sale of a 2,200-square-foot, net-leased retail property located in Tucker, roughly 20 miles northeast of Atlanta. The property, which is currently under construction, is located at 3925 Lavista Road and will be occupied by Fifth Third Bank upon completion. Fifth Third Bank has more than 1,100 locations in 11 states. Alan Cafiero of Marcus & Millichap procured the 1031 exchange buyer. John Leonard was the firm’s broker of record in Georgia.

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Tuscan-Village

Salem, N.H. — Four new tenants have signed leases at Tuscan Village, a 170-acre mixed-use development underway in Salem, approximately 30 miles north of Boston. New tenants will include Whole Foods Market; wellness and recovery studio SWTHZ; gift and lifestyle boutique Festa Studio; and fashion brand Free People. Current tenants include Shake Shack, Sweetgreen, DryBar, Tavern in the Square, The Capital Grille, Pottery Barn, L.L. Bean, Warby Parker and West Elm, among others. Upon completion of the development, Tuscan Village will span roughly 4 million square feet of retail, entertainment, office, …

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Westgate-Square_Orlando

Orlando, Fla. — Marcus & Millichap has brokered the $19.5 million sale of Westgate Square, a 136,189-square-foot, grocery-anchored shopping center located at 2625 Hiawassee Road in Orlando. Salim Valiani and Yassin Benkabbou of Marcus & Millichap represented the seller, a private high net worth individual from South Florida, in the transaction. Built in 1981 and renovated in 1990, Westgate Square was fully leased at the time of sale to Bravo Supermarket, Goodwill, Family Dollar and Hibbett Sports.

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Sandy Springs, Ga. and Naples, Fla. — Indianapolis-based Kite Realty Group (KRG) has acquired two shopping centers in Florida and Georgia for $136 million. The first property is Chastain Market, a 121,000-square-foot, Trader Joe’s-anchored neighborhood center in Sandy Springs, that sold for $71 million. The second property is The Pointe at Founders Square, an 86,592-square-foot retail center located within the Founders Square mixed-use development in Naples. The unanchored center sold for $65 million. In addition to the acquisitions, KRG has also sold a six-property retail portfolio across four states for $255 …

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Prudent-Growth-Partners-Scenic-Square

Rowlett, Texas — Chapel Hill, North Carolina-based Prudent Growth Partners has acquired Scenic Square, a 28,850-square-foot retail property located in Rowlett, approximately 20 miles northeast of Dallas, for $7.4 million. The center was fully leased at the time of sale to tenants including Baylor Scott & White Outpatient Rehabilitation, HealthPro Pharmacy & Wellness Center, Eagle Food Beer & Wine, Wanda’s Studio and The Track Grill and Bar.

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The Village at Meridian

Meridian, Idaho — CenterCal Properties has announced the expansion of The Village at Meridian, a 1 million-square-foot mixed-use development located in Meridian, roughly 10 miles west of downtown Boise. Phase II of the project will encompass 80,000 square feet of commercial space across six new buildings, including a mix of retail and dining tenants such as Vuori, Alo, Kendra Scott, Tecovas, Gorjana, solidcore and Tempur-Pedic, along with Flower Child and Paris Baguette. Additional tenants will be announced as leasing activity continues. Initial openings are expected in September 2026, while completion of …

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Denver — Simon Property Group has signed leases with four new tenants at Cherry Creek Shopping Center, a 1.1 million-square-foot super-regional mall located in Denver. Japanese-inspired concept Milk Jelli is anticipated to open this July, while STUDS and Crate & Barrel are expected to open in the fourth quarter of this year. Rothy’s, a lifestyle and sustainable fashion brand, will launch in the second quarter of 2027. Cherry Creek Shopping Center welcomed a mix of additional tenants earlier this year including Captain Crêpes, SKIMS, Gucci, Ash & Agave, BYLT Basics, Swarovski, …

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