Wednesday, July 9, 2025
Read the Digital Magazines
Subscribe
Author

Abby Cox

Grand Covina Plaza
CaliforniaGrocery-anchoredInvestment salesNews

JLL Facilitates $25 Million Sale of 111,975-Square-Foot Retail Center in Metro Los Angeles

by Abby Cox

Covina, Calif. — JLL Capital Markets has facilitated the $25 million sale of Grand Covina Plaza, a 111,975-square-foot shopping center located in the Los Angeles suburb of Covina. Stater Bros. Markets anchors the property, which was 89 percent leased to tenants including Dollar Tree, KFC, 7-Eleven and O’Reilly Auto Parts at the time of sale. Originally built in 1956, the center sits on 8.9 acres. Dan Tyner, Gleb Lvovich and Geoff Tranchina of JLL’s Investment Sales and Advisory team represented the seller, a private family partnership, and procured the buyer, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Lake Nona West
FloridaLeasingNews

Tavistock Signs Five New Tenants at Lake Nona West in Orlando, Florida

by Abby Cox

Orlando, Fla. — Tavistock Development Co. has signed five new tenants to join Lake Nona West, a 405,000-square-foot lifestyle shopping center located within Orlando’s master-planned community of Lake Nona. New tenants include Cañonita Mexican Restaurant, Nordstrom Rack, Barnes & Noble, HomeSense and Total Wine & More. The new round of lease signings brings the total preleased space at the property to more than 300,000 square feet, including a 150,000-square-foot Target anchor store.  Situated on 54 acres, Lake Nona West will include walkways, an art-lined plaza and community green spaces. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
Summit Fritz Farm
Investment salesKentuckyMixed-useNewsRestaurantsRetailers

Hendricks Commercial Properties Acquires Summit at Fritz Farm Mixed-Use Development in Lexington, Kentucky

by Abby Cox

Lexington, Ky. — Hendricks Commercial Properties, a Wisconsin-based development and investment firm, has acquired The Summit at Fritz Farm, a mixed-use development in Lexington that opened in 2017. The project features a collection of more than 60 shops and restaurants that sit below modern offices and The Henry apartments. Some components of the project that were not included in the sale include the Origin Lexington hotel and a 192-unit seniors housing community, Legacy Reserve at Fritz Farm. Hendricks did not disclose the sales price or specific aspects of the acquisition beyond …

Continue Reading
0 FacebookTwitterLinkedinEmail
Turtle Creek Village
Grocery-anchoredInvestment salesLeasingNewsTexas

CIM Group Sells 320,000-Square-Foot Mixed-Use Center in Dallas

by Abby Cox

Dallas — CIM Group has sold Turtle Creek Village, a 320,000-square-foot mixed-use property located in the Turtle Creek neighborhood of Dallas. The property includes the Offices at Turtle Creek Village, an 18-story, 230,000-square-foot office tower; and the three-building Shops at Turtle Creek Village, a 95,000-square-foot grocery-anchored retail center. CIM Group acquired the property in 2017 and completed a renovation of both the office and retail components, which included upgrades to the office lobby and amenities, as well as newly constructed spec suites. Tenants at the Shops at Turtle Creek Village …

Continue Reading
0 FacebookTwitterLinkedinEmail
Hartford Mall
Company newsDevelopmentMarylandNews

SJC Ventures Unveils Plans for $100 Million Transformation of Harford Mall Site in Metro Baltimore

by Abby Cox

Bel Air, Md. — SJC Ventures has unveiled plans for a $100 million transformation of the Harford Mall site located in Bel Air, roughly 23 miles north of Baltimore. Upon approval by the Bel Air Economic and Community Development Commission, the redevelopment project will feature 48,000 square feet of retail, restaurants and amenities that will replace a former Macy’s store, as well as a 35,000-square-foot grocery store. SJC also plans to incorporate pedestrian walkways for enhanced connectivity, pocket parks and open gathering spaces. CBL Properties owns Harford Mall, which originally opened …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Village at Causeway
FloridaInvestment salesNews

Marcus & Millichap Brokers $12.9 Million Sale of Retail Center in Tampa, Florida

by Abby Cox

Tampa, Fla. — Marcus & Millichap has brokered the $12.9 million sale of The Village at Causeway, a 27,860-square-foot retail center located in Tampa. Built in 2019, the property is home to 13 tenants, including Canopy Road Café, Game Over Tampa, Jimmy John’s, Strandhill Social, OneZo and PT Solutions. The center is situated on 6.6 acres. Zach Taylor, Eric Abbott, Evan Cannan and Reid Thedford of Marcus & Millichap marketed the property on behalf of the seller, a Tampa-based private developer, and secured the buyer, an institutional strip center investor, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Park 10 at Avondale
ArizonaDevelopmentNewsRestaurants

Gantry Secures $9 Million Construction Financing for Retail Center in Suburban Phoenix

by Abby Cox

Avondale, Ariz. — Gantry has secured a $9 million construction loan for the development of Phase IV of Park 10 at Avondale, a mixed-use development located in the West Valley Phoenix suburb of Avondale. Situated on eight acres, Phase IV will include a build-to-suit restaurant for Cooper’s Hawk, as well as a second building that offers inline restaurant space for 85C Bakery and an unannounced third tenant. Adam Parker and Chad Metzger of Gantry’s Phoenix office represented the borrower, Parkland Development, in the transaction. A regional bank provided the three-year, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Cross Creek Center
FloridaInvestment salesNews

IPA Arranges Sale of Cross Creek Center in Metro Fort Lauderdale

by Abby Cox

Boynton Beach, Fla. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Cross Creek Center, a 37,201-square-foot shopping center located in the Fort Lauderdale suburb of Boynton Beach. Built in 1988 and renovated in 2014, the center was 97 percent leased at the time of sale. Tenants at the property include Stanton Optical, The UPS Store, Smoothie King and Metro by T-Mobile. Drew Kristol and Kirk Olson of IPA represented the seller, Janoura Realty, and procured the buyer, Phillips Edison & Co., in …

Continue Reading
0 FacebookTwitterLinkedinEmail
Foot Locker
Company newsNew YorkNewsPennsylvania

DICK’S Sporting Goods to Acquire Foot Locker for $2.4 Billion, Keep Brand Intact

by Abby Cox

Pittsburgh and New York City — DICK’S Sporting Goods Inc. has entered into a definitive merger agreement with footwear and apparel retailer Foot Locker Inc. Under the agreement, sporting goods retailer DICK’S will acquire Foot Locker for an equity value of roughly $2.4 billion and an enterprise value of $2.5 billion.  Foot Locker operates approximately 2,400 retail stores across 20 countries in North America, Europe, Asia, Australia and New Zealand. Foot Locker’s portfolio of brands also includes Kids Foot Locker, Champs Sports, WSS and atmos.  DICK’S plans to operate Foot …

Continue Reading
0 FacebookTwitterLinkedinEmail
Wayfair
Company newsDevelopmentLeasingNew YorkNews

Wayfair to Open 114,000-Square-Foot Store in Metro New York

by Abby Cox

Yonkers, N.Y. — Online retailer Wayfair will open a 114,000-square-foot store in the New York City suburb of Yonkers. Located within Ridge Hill, a 1.3 million-square-foot mixed-use development, the Yonkers store marks Wayfair’s third large-format location, which is scheduled to open in early 2027. Wayfair’s first physical retail store opened in May 2024 in Wilmette, Illinois, while its second location in Atlanta will open in 2026. Adam Schwegman and Morgan Liesenfelt of Jamestown led lease negotiations in the transaction. A joint venture between Jamestown, Nuveen Real Estate and Taconic Partners …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts