Author

Abby Cox

Gene Autry Plaza
CaliforniaFinanceGrocery-anchoredNews

Slatt Capital Arranges $12 Million in Refinancing for Multi-Tenant Retail Center in Palm Springs, California

by Abby Cox

Palm Springs, Calif. — Slatt Capital has arranged a $12 million loan to refinance Gene Autry Plaza, a 60,629-square-foot multi-tenant retail center located in Palm Springs. Michael Kaplan and Andrew Friedeberg of Slatt Capital arranged the five-year permanent loan — which was structured with a 30-year amortization schedule — through a life insurance company on behalf of the unnamed borrower. Smart & Final Extra! anchors Gene Autry Plaza, which was built in 2009. Additional tenants at the property include Staples, Sports Clips, Goody’s Café, Panera Bread, Firehouse Subs and Five Guys.

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CaliforniaInvestment salesNews

Progressive Negotiates $6 Million Sale of Fully Leased Retail Center in Rancho Cucamonga, California

by Abby Cox

Rancho Cucamonga, Calif. — Progressive Real Estate Partners has negotiated the $6 million sale of Allmark Plaza, a 16,926-square-foot retail center located in Rancho Cucamonga. Built in 1986, Allmark Plaza was fully leased at the time of sale to tenants including Domino’s Pizza, Mini-Mart, a nutrition shop, Mexican restaurant, diet center, salon, donut shop, day spa, dry cleaners and a dental office. Lance Mordachini and Monica Dal Bianco-West of Progressive represented the buyer, a California-based private investor. The seller, Allmark Property Management, represented itself.

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Oak Grove Plaza
Grocery-anchoredInvestment salesNewsTexas

Brixton Capital Acquires 120,552-Square-Foot Oak Grove Plaza in Metro Dallas

by Abby Cox

Sachse, Texas — Brixton Capital has acquired Oak Grove Plaza, a 120,552-square-foot shopping center located in Sachse, roughly 20 miles northeast of downtown Dallas. Kroger, which has operated at the site for 23 years, anchors the property. Additional tenants include Wingstop, Subway, Domino’s Pizza and Kumon, along with a roster of daily-needs services and providers such as Baylor Scott & White Primary Care, Oak Tree Dental, Athletico Physical Therapy and The UPS Store. The 15-acre property comprises two in-line buildings and a Kroger gas pad. Chicago-based Nuveen Real Estate sold the …

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the-district
DevelopmentMixed-useNewsTexas

Mark IV Capital Breaks Ground on Restaurant Component at The District in Central Texas

by Abby Cox

Round Rock, Texas — Mark IV Capital has broken ground on the restaurant collection at The District, a 65-acre mixed-use project under construction in Round Rock, roughly 15 miles north of downtown Austin. Up to 14 food concepts and lifestyle brands will occupy the 41,525–square-foot restaurant block, which will include six buildings integrated along a greenbelt-inspired walkway in the heart of The District. Phase I of The District — which features a 316-unit luxury multifamily building, ground-floor retail and a food-and-beverage plaza — is scheduled for completion in the first quarter …

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Fullerton-Court-Fullerton-CA
CaliforniaInvestment salesNews

Hanley Investment Group, Summit RE Arrange $12.7 Million Sale of Fullerton Court Retail Center in California

by Abby Cox

Fullerton, Calif. — Hanley Investment Group Real Estate Advisors and Summit RE have brokered the sale of Fullerton Court, a two-story retail center adjacent to Fullerton College in Fullerton. A Newport Beach, California-based private partnership sold the property to a Los Angeles-based, private 1031 exchange investor for $12.7 million. Sean Cox and Kevin Fryman of Hanley, in association with Scott Hook of Summit RE, represented the seller, while the buyer was self-represented in the deal. Located at 444 N. Harbor Blvd., Fullerton Court was originally built in 1982 and expanded in …

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Hope Mills Crossing
Investment salesNewsNorth Carolina

Atlantic Capital Partners Brokers $7 Million Sale of Shopping Center Near Fayetteville, North Carolina

by Abby Cox

Hope Mills, N.C. — Atlantic Capital Partners has brokered the $7 million sale of Hope Mills Crossing, a 53,204-square-foot shopping center located in Hope Mills, roughly five miles south of Fayetteville. David Hoppe, Eric Suffoletto, Jordan Gomez, Mike Lucier, Ben Olmstead and Kendra Doherty of Atlantic Capital represented the seller in the transaction. Renovated in 2025, Hope Mills Crossing is anchored by a newly delivered Planet Fitness. Additional tenants at the center include a mix of medical, financial, government and service-oriented retail businesses. The property was 95 percent leased at the …

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CFA-Miami
FloridaInvestment salesNews

SRS Real Estate Negotiates $8.9 Million Ground Lease Sale of Chick-fil-A Leased Restaurant in Miami

by Abby Cox

Miami — SRS Real Estate Partners has negotiated the $8.9 million ground lease sale of a restaurant property located at 18240 S. Dixie Highway in Miami. Chick-fil-A occupies the 5,399-square-foot property, which was built in 2024, on an absolute triple-net corporate-guaranteed lease with 13 years remaining on the initial term. Patrick Nutt and William Wamble of SRS represented the seller, a joint venture between Berkowitz Development Group and Landsea Development Group. The buyer was based out of New York.

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700-West-Big-Beaver-Road
FinanceInvestment salesMichiganNews

MMCC Arranges $25 Million Acquisition Loan for Retail Property in Troy, Michigan

by Abby Cox

Troy, Mich. — Marcus & Millichap Capital Corp. (MMCC) has arranged $25 million in financing for the acquisition of a 62,364-square-foot retail property in Troy. Todd Phillips of MMCC arranged the loan through a national bank. It features a seven-year term, 6.1 percent interest rate and 30-year amortization period. The property, located near I-75, is home to several national restaurants and retailers.

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hornell-plaza
Grocery-anchoredInvestment salesNew YorkNews

Cleeman Realty Brokers Sale of 453,350-Square-Foot Grocery-Anchored Portfolio in Upstate New York

by Abby Cox

Hornell and Geneseo, N.Y. — Cleeman Realty Group has brokered the sale of a 453,350-square-foot, grocery-anchored retail portfolio located in upstate New York. The portfolio includes Hornell Plaza, a 253,603-square-foot shopping center located in Hornell, and Genesee Valley Shopping Center, a 199,747-square-foot retail property in Geneseo. Hornell Plaza is dual-anchored by Wegmans Food Markets and Walmart, while Genesee Valley Shopping Center is anchored by Wegmans and features a complementary mix of retailers including Tractor Supply, T.J. Maxx, Harbor Freight Tools, Five Below and Dollar Tree. Wegmans has maintained a presence at …

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NoLi-Renderings
DevelopmentFloridaNews

Comras Co. Receives Approval to Advance Construction for Retail Micro-District in Miami Beach

by Abby Cox

Miami Beach, Fla. — Comras Co. has received approval from the city of Miami Beach to advance construction on the NoLi District, a 150,000-square-foot, pedestrian-focused retail and lifestyle micro-district under development on the north end of Lincoln Road in Miami Beach. Work is now underway on the next major phase of the district, with the partial demolition of 723 Lincoln Road to create Via NoLi — an 18-foot-wide pedestrian passage that will establish the first direct connection between Lincoln Road and Lincoln Lane, which will be renamed NoLi Lane. Via NoLi …

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