Chicago — Greenstone Partners has brokered the $19.5 million sale of a 54,000-square-foot retail center located at 1415-1417 N. Kingsbury St. in Chicago’s Clybourn Corridor. A venture between Chicago-based Honore Properties and Peerless Development acquired the fully leased property. Danny Spitz and AJ Patel of Greenstone represented the seller, Los Angeles-based Westwood Financial, in the transaction, which marks the fourth acquisition in the immediate corridor for Honore and Peerless. Spitz previously represented the venture in the acquisition of the adjacent property at 821 W. Eastman St. Originally acquired by Westwood …
Abby Cox
Chicago — Greenstone Partners has brokered the $19.5 million sale of a 54,000-square-foot retail center located at 1415-1417 N. Kingsbury St. in Chicago’s Clybourn Corridor. A venture between Chicago-based Honore Properties and Peerless Development acquired the fully leased property. Danny Spitz and AJ Patel of Greenstone represented the seller, Los Angeles-based Westwood Financial, in the transaction, which marks the fourth acquisition in the immediate corridor for Honore and Peerless. Spitz previously represented the venture in the acquisition of the adjacent property at 821 W. Eastman St. Originally acquired by Westwood …
Hanley Investment Group Arranges $6.9 Million Sale of Two Single-Tenant Retail Properties in Southern California
Murrieta, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $6.9 million sale of two single-tenant retail properties located in Murrieta, roughly 65 miles north of San Diego. The property features two separate, standalone pads across 1.8 acres. Quick Quack Car Wash occupies 4,126 square feet on a 20‑year, absolute triple‑net ground lease that includes 12 percent rental increases every five years. There are 17 years remaining on the lease with multiple renewal options. Popeyes will occupy a 1,983-square-foot restaurant on the other pad on a 20-year absolute, triple-net …
Connell Co. Signs Leases with Five New Tenants at The Park Mixed-Use Development in Berkeley Heights, New Jersey
Berkeley Heights, N.J. — The Connell Co. has signed leases with five new tenants at The Park, a 185-acre mixed-use campus located in the northern New Jersey community of Berkeley Heights. The newest retailers will be situated within The District at The Park, a 60-acre downtown that will be anchored by a walkable main street and 160,0000 square feet of lifestyle, wellness and dining options. Four Spoons Ice Cream Co., Doner Shack, Café Exchange, Prime IV Hydration & Wellness and Greatness Wins will debut in July. In addition to the …
Toledo, Ohio — Toledo-based Marco’s Pizza closed out 2025 with more than 60 new stores. This year, the pizza chain plans to surpass 80 more new store openings, while continuing to accelerate growth across new domestic markets, international territories and non-traditional venues. In 2025, Marco’s entered New Jersey, signed a development agreement for New Mexico and celebrated anniversaries in Mexico and Puerto Rico, while continuing to explore new international opportunities and growth across the Caribbean and Latin America regions. Additionally in 2025, Marco’s continued its expansion into ghost kitchens and alternative …
McAllen, Texas — JLL Capital Markets has arranged the sale of Palms Crossing, a 399,075-square-foot, open-air retail center located in the Rio Grande Valley city of McAllen. Barry Brown, Chris Gerard, Claudia Steeb and Erin Lazarus of JLL represented the seller, WPG, in the transaction. The buyer was Winter Park, Florida-based CTO Realty Growth. Situated on nearly 47 acres, Palms Crossing was 98 percent leased at the time of sale to tenants including Hobby Lobby, Restaurant Depot, Best Buy, Burlington, Barnes & Noble and Guitar Center. The property also offers more …
Conroe, Texas — Hollywood, Florida-based JBL Asset Management has acquired Montgomery Plaza, a 315,708-square-foot power retail center located in Conroe, approximately 40 miles north of Houston. Ryan West and John Indelli of JLL’s Investment Sales and Advisory team represented the seller in the transaction. Montgomery Plaza was 94.3 percent leased at the time of sale to tenants including Academy Sports + Outdoors, O’Reilly Auto Parts, Crunch Fitness, Spec’s Wine Spirits & Finer Foods, Petco and Dollar Tree.
FNRP Purchases 63,317-Square-Foot Grocery-Anchored Shopping Center in Suburban Cleveland
South Euclid, Ohio — First National Realty Partners (FNRP) has acquired Marc’s Grocery Center, a 63,317-square-foot shopping center located in the Cleveland suburb of South Euclid. Anchored by Marc’s, the property features a mix of other tenants including Starbucks Coffee, AT&T, NextDoor Urgent Care, Great Clips and Subway. Erin Patton of Institutional Property Advisors (IPA), a division of Marcus & Millichap, represented the undisclosed seller in the transaction.
Third & Urban Unveils Renovation Plans for Atkins Park Collection in Atlanta’s Virginia-Highland Neighborhood
Atlanta — Locally based Third & Urban has unveiled renovation plans for the Atkins Park Collection, a 61,120-square-foot retail portfolio located in Atlanta’s Virginia-Highland neighborhood. Third & Urban purchased the first phase of the Atkins Park Collection in December 2024, which totals 35,370 square feet along North Highland and St. Charles avenues. The firm acquired the second phase, which includes Neighbors, City Church and infill pieces of the block between Greenwood and St. Charles avenues, in September 2025. In partnership with the Virginia Highland District, Third & Urban is planning more than …
Bryan, Texas — SRS Real Estate Partners has negotiated the $2.2 million ground lease sale of a single-tenant retail property located at 2001 E. Highway 21 in Bryan. Specialty retailer Murphy USA occupies the 2,800-square-foot building on a 20-year, corporate-guaranteed, absolute triple-net lease. Jake Prater, Patrick Luther and Matthew Mousavi of SRS represented the seller, College Station, Texas-based Culpepper Realty, in the transaction. A Utah-based private investor purchased the property in an all-cash transaction. SRS Capital Markets has three additional Murphy USA-leased properties available in Florida, with several more listings launching …