Author

Abby Cox

South Island Market
DevelopmentMixed-useNewsSouth Carolina

Pinckney Partners Begins Construction of 34-Acre Mixed-Use Development on Johns Island in South Carolina

by Abby Cox

Johns Island, S.C. — Locally based Pinckney Partners has begun vertical construction on South Island Market, a 34-acre mixed-use development located on Johns Island, about 13 miles south of Charleston. Upon completion, the project will feature 82,000 square feet of retail, dining and office space across eight buildings, along with 79 townhomes built by Toll Brothers and 16 acres of preserved open space. Roper St. Francis Healthcare and Daniel Ravenel Sotheby’s International Realty will anchor the office component of the development. South Island Market is expected to open in spring 2027. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
Hollywood-Beach-retail
FloridaInvestment salesNews

Marcus & Millichap Brokers $4.1 Million Sale of Retail Property in Hollywood, Florida

by Abby Cox

Hollywood, Fla. — Marcus & Millichap has brokered the $4.1 million sale of a 2,800-square-foot retail property located along the Hollywood Beach boardwalk in South Florida’s Broward County. Drew Kristol and Kirk Olson of Marcus & Millichap’s Miami office marketed the property on behalf of the seller, a private South Florida-based investment group. The two-tenant retail property is fully leased to Fat Tuesday and Hollywood Beach Trikke, which has operated at the site since 2009.

Continue Reading
0 FacebookTwitterLinkedinEmail
Sunset-West
FloridaInvestment salesNews

Gazit Horizons Acquires 73,072-Square-Foot Sunset West Shopping Center in Miami

by Abby Cox

Miami — Miami-based Gazit Horizons has acquired Sunset West Shopping Center, a 73,072-square-foot neighborhood shopping center located at the intersection of Sunset Drive and SW. 87th Avenue in Miami. The seller and sales price were not disclosed. Situated roughly two miles from Baptist Hospital of Miami, the fully leased center is home to a mix of tenants including Chicken Kitchen, Ole’s Jewelry Avenue, Subway, Chase Bank, The UPS Store, Integrum Medical Group, Arturito’s Pharmacy, Sunset Animal Clinic, Salvatore D. Fine Italian Cuisine, Moderna Smile and Sunset Bakery. A new Aldi grocery …

Continue Reading
0 FacebookTwitterLinkedinEmail
marathea-plaza
Investment salesNewsNorth Carolina

Lucern Capital Partners Acquires Marathea Plaza in Mooresville, North Carolina, for $6.3 Million

by Abby Cox

Mooresville, N.C. — Red Bank, New Jersey-based Lucern Capital Partners has acquired Marathea Plaza, a 33,600-square-foot retail center located at 2785 Charlotte Highway in Mooresville, for $6.3 million. Tenants at the center include Papa John’s Pizza, Jackson Hewitt, Huang’s Chef and Bambini Italian Restaurant. The property spans roughly 4.5 acres.

Continue Reading
0 FacebookTwitterLinkedinEmail
bridgewater-commons
LeasingNew JerseyNews

PRCP Signs Leases with Four New Tenants at Bridgewater Commons in New Jersey

by Abby Cox

Bridgewater Township, N.J. — Pacific Retail Capital Partners (PRCP) has signed leases with four new tenants to join Bridgewater Commons, a 1.2 million-square-foot shopping center located in Bridgewater Township, approximately 45 miles southwest of New York City. Anthropologie opened a 9,577-square-foot store in January, while Popeyes opened a 644-square-foot restaurant this month. Ear piercing studio Rowan will debut its new store in the second quarter, along with the reopening of Pandora. An expanded Aerie store will be introduced in the third quarter, while OFFLINE by Aerie will launch in the fourth …

Continue Reading
0 FacebookTwitterLinkedinEmail
Victoria Gardens-Rancho Cucamonga
CaliforniaInvestment salesNews

Partnership Acquires Victoria Gardens Open-Air Mall in Inland Empire for $530 Million, Plans Renovation

by Abby Cox

Rancho Cucamonga, Calif. — Southern California-based firms Redwood West and Panattoni, in partnership with Prime Finance and Prism Places, have acquired Victoria Gardens, a 1.2 million-square-foot lifestyle retail center located in the Inland Empire city of Rancho Cucamonga. New York City-based Brookfield Properties, a subsidiary of Brookfield Corp., sold the open-air mall for $530 million. Ares Real Estate provided debt financing for the transaction. “We see tremendous opportunity with Victoria Gardens,” says John Pomer, co-founder and managing partner at Redwood West, “It is a one-of-a-kind, highly productive asset with deep roots in …

Continue Reading
0 FacebookTwitterLinkedinEmail
stony-creek-marketplace
IndianaInvestment salesNews

Cushman & Wakefield Arranges Sale of 204,810-Square-Foot Shopping Center in Metro Indianapolis

by Abby Cox

Noblesville, Ind. — Cushman & Wakefield has arranged the sale of Stony Creek Marketplace, a 204,810-square-foot, regional shopping center located in Noblesville, roughly 27 miles north of Indianapolis. Best Buy, T.J. Maxx and HomeGoods anchor the property, which was built in 2003. Other tenants include Barnes & Noble, Five Below, PetSmart, Ross Dress for Less and Shoe Carnival. Stony Creek Marketplace was fully leased at the time of sale. Evan Halkias, David Matheis and Bill French of Cushman & Wakefield represented the seller, Rainier Cos., in the transaction. The buyer was …

Continue Reading
0 FacebookTwitterLinkedinEmail
Hampton Cove Shops
AlabamaInvestment salesNews

Franklin Street Brokers $7.6 Million Sale of Hampton Cove Shops in Owens Cross Roads, Alabama

by Abby Cox

Owens Cross Roads, Ala. — Franklin Street has brokered the sale of Hampton Cove Shops, a 41,681-square-foot retail center located in Owens Cross Roads, approximately 15 miles southeast of Huntsville. Bryan Belk and John Tennant of Franklin Street represented the seller, Fairway Investments, in the transaction. Prudent Growth Partners purchased the property for $7.6 million. Built in 2008, Hampton Cove Shops was 96 percent leased at the time of sale to tenants including Dollar Tree, H&R Block, sports bar Jefferson’s, We Rock the Spectrum Kid’s Gym and ALFA Insurance.

Continue Reading
0 FacebookTwitterLinkedinEmail
IKEA
CaliforniaDevelopmentIllinoisNewsOklahomaRetailers

IKEA to Open 10 New Stores in 2026

by Abby Cox

Conshohocken, Pa. — IKEA plans to open four additional U.S. stores in 2026, building on the six locations the company previously announced. The newest stores will be located in metro Chicago; Tulsa, Oklahoma; Fort Collins, Colorado; and suburban Los Angeles. In 2025, IKEA opened 14 new retail locations, including two new small-format stores in Arcadia, California; and San Marcos, Texas. Nine “Plan & Order Points” with integrated pickup services were also launched in markets such as Charlotte, North Carolina; Roseville, Minnesota; and Ontario and Colma, California. The 2026 new store openings …

Continue Reading
0 FacebookTwitterLinkedinEmail
Saks-Chicago
Company newsNew YorkNewsRetailers

Saks to Close Additional Stores as Part of Portfolio Optimization

by Abby Cox

New York City — Saks Global Enterprises is advancing its planned optimization across its real estate portfolio by announcing the closure of an additional 12 Saks Fifth Avenue stores and three Neiman Marcus locations. This builds on initial closures announced last month. While select markets will be streamlined to include either a Saks Fifth Avenue or Neiman Marcus store based on considerations for each location — including performance and customer preference — the company will continue to operate both brands in luxury destinations that represent a growth opportunity. With the announced closures, Saks Global …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts