Author

Abby Cox

The Village at Bridgewater Commons
Investment salesNew JerseyNews

Urban Edge Properties Acquires The Village at Bridgewater Commons in Central New Jersey for $54.3 Million

by Abby Cox

Bridgewater Township, N.J. — Urban Edge Properties has acquired The Village at Bridgewater Commons, a 92,461-square-foot open-air center located in Somerset County, for $54.3 million. Built in 2006 on 12.5 acres, The Village at Bridgewater Commons is anchored by Summit Health, a medical facility that opened in a newly redeveloped building on the property in 2024. Additional tenants include Starbucks Coffee, Shake Shack, Cava, Chipotle Mexican Grill and Big Chicken. The Village at Bridgewater Commons was 98 percent leased at the time of sale and sits adjacent to Bridgewater Commons, …

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chase-plaza
DevelopmentGrocery-anchoredIllinoisNews

Associated Bank Provides $22.6 Million Loan for Acquisition, Redevelopment of Former Grocery Store in Metro Chicago

by Abby Cox

Buffalo Grove, Ill. — Associated Bank has provided a $22.6 million loan for the redevelopment of a former grocery store located at 1160 W. Lake Cook Road in Buffalo Grove, roughly 30 miles northwest of downtown Chicago. The acquisition also included an outparcel. Dubbed Chase Plaza, the project will convert the 66,083-square-foot vacant space into a two-tenant, grocery-anchored retail building occupied by Sprouts Farmers Market and Club Studio. Daniel Barrins of Associated Bank arranged the loan on behalf of the borrower and developer, Shorewood Development Group.

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columbia-marketplace
Grocery-anchoredInvestment salesMississippiNews

Cleeman Realty Group Negotiates Sale of 136,000-Square-Foot, Grocery-Anchored Shopping Center in Southern Mississippi

by Abby Cox

Columbia, Miss. — Cleeman Realty Group has negotiated the sale of Columbia Marketplace, a 136,000-square-foot shopping center located in Marion County. Ramey’s Marketplace anchors the property, which was 72 percent occupied at the time of sale. Additional tenants include Advance America, Shoe Show, Fitness Depot, S+H Beauty, Boggie’s Restaurant and Liberty Tax. Jeremy Scheer of Cleeman Realty Group represented both the buyer and seller in the transaction.

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The Pointe at Polaris
Investment salesMixed-useNewsOhio

Newmark Arranges Sale, Financing of Office, Retail Components at The Pointe at Polaris in Columbus, Ohio

by Abby Cox

Columbus, Ohio — Newmark has arranged the sale of the office and retail components of The Pointe at Polaris, a mixed-use property located in Columbus. The Pointe at Polaris comprises 212,366 square feet of office space and 33,071 square feet of retail space, along with a 473-unit luxury multifamily component that was not included in the transaction. The property’s office portion is fully leased to a mix of tenants such as Bank of America, Fiserv, Power Home Remodeling and Employers Health, while the retail portion is also fully leased to …

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Chapel Hill Shops
Investment salesNew JerseyNews

Marcus & Millichap Arranges Sale of 8,000-Square-Foot Retail Property in New Jersey

by Abby Cox

Jackson Township, N.J. — Marcus & Millichap has arranged the sale of Chapel Hill Shops at Jackson, an 8,000-square-foot retail property located in Ocean County, roughly 50 miles east of Philadelphia. Chez Eider of Marcus & Millichap represented the seller, a national investor, and procured the buyer, a local private investor. Situated on roughly 1.5 acres at 305 Whitesville Road, the property is fully occupied by a mix of locally based, service-oriented tenants including Bruno’s Barber Shop and Emilio’s Pizza & Restaurant.

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Avenue-South-Centerra
ColoradoDevelopmentMixed-useNews

Realberry Breaks Ground on 140-Acre Avenue South Mixed-Use District at Centerra in Colorado

by Abby Cox

Loveland, Colo. — Denver-based real estate investor and developer Realberry has begun vertical construction on the retail core of Avenue South, a 140-acre mixed-use project within the Centerra community in Loveland, 46 miles north of Denver. The development will create a walkable district integrating retail, office, dining and thousands of new homes at the intersection of I-25 and U.S. Highway 34. Approved by the City of Loveland in 2023, Avenue South will extend miles of trails and open space while introducing large-scale retail, dining and gathering places to keep pace …

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28-Newbury-St.-Boston
Investment salesMassachusettsNews

Newmark Arranges $113.5 Million Sale of Two Boston Retail Properties

by Abby Cox

Boston — Newmark has arranged the $113.5 million sale of two retail properties in Boston’s Back Bay neighborhood. The properties are located at 4-6 and 28 Newbury St. and house flagship stores of luxury retailers Chanel and Cartier. The Chanel store spans 10,328 square feet across two stories, and the Cartier store totals 18,942 square feet. Robert Griffin, Geoffrey Millerd and Paul Penman of Newmark represented the seller, New York City-based ASG Equities, in the transaction. The team also procured the buyer, a joint venture between Acadia Realty Trust and …

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Valley-Plaza-Pomona-CA
CaliforniaInvestment salesNews

Progressive Real Estate Partners Brokers $2.6 Million Sale of 11,720-Square-Foot Retail Center in Metro Los Angeles

by Abby Cox

Pomona, Calif. — Progressive Real Estate Partners has brokered the $2.6 million sale of Valley Plaza, an 11,720-square-foot, multi-tenant retail property located in Pomona, approximately 30 miles east of downtown Los Angeles. Built in 1993, Valley Plaza was fully leased at the time of sale to tenants such as Maria’s Taco/Panaderia Jaliscos, Pomona Water & Ice, Pearl Dental Care and Curry Time. Trinnie Lee of Progressive Real Estate Partners represented the seller, a private investor, while Mark Wilson of Channel Investment Group represented the buyer, also a private investor, in …

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Fairview Town Center
LeasingNewsTexas

Academy Sports + Outdoors to Backfill Former Macy’s Store at Fairview Town Center in Texas

by Abby Cox

Fairview, Texas — Academy Sports + Outdoors has signed a lease to backfill the former 130,000-square-foot Macy’s space at Fairview Town Center, a 921,075-square-foot lifestyle center located in Fairview, roughly 30 miles north of downtown Dallas. Academy’s new store, which is currently being remodeled, will span 65,400 square feet and is expected to open by this summer. Thomas Glendenning of SHOP Cos. arranged the lease on behalf of the ownership of Fairview Town Center. Additional tenants at Fairview Town Center, which was built in 2009, include Whole Foods Market, JCPenney, Dillard’s, …

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Retail-at-The-VUE
IllinoisLeasingMixed-useNews

The VUE Mixed-Use Project in Metro Chicago Opens New Retailers

by Abby Cox

Elk Grove Village, Ill. — Nicholas & Associates and Wingspan Development Group of the Nicholas Family of Cos. have opened the initial commercial phase of The VUE, a 10-acre mixed-use development in Elk Grove Village, about 20 miles northwest of Chicago. The retail tenants include Tensuke Market and Food Court, 7 Mile Cycles, Jarosch Bakery and Vini’s Pizza. Plans for The VUE include a 271-unit apartment community, 16 rental townhomes, a multi-story clubhouse with a pool and other amenities for residents, as well as 52,000 square feet of retail space. …

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