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Abby Cox

Bear Creek Plaza
Grocery-anchoredInvestment salesNewsOregon

Marcus & Millichap Brokers $25.3 Million Sale of Bear Creek Plaza in Medford, Oregon

by Abby Cox

Medford, Ore. — Marcus & Millichap has brokered the $25.3 million sale of Bear Creek Plaza, a 189,670-square-foot shopping center located in Medford, roughly 27 miles north of the California border. Originally built in 1977 on nearly 17 acres, the fully leased property is anchored by Dollar Tree, Bi-Mart and Crunch Fitness. Additional tenants include McDonald’s, Wendy’s, Carl’s Jr., First Interstate Bank, OneMain Financial, Metro PCS, Papa Murphy’s and Sally Beauty Supply. Clayton Brown and Ruthanne Loar of Marcus & Millichap represented the seller, an entity doing business as Bear Creek …

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FinanceFloridaGrocery-anchoredNews

International Finance Provides $13.3 Million Financing for Plant City Crossing in Metro Tampa

by Abby Cox

Plant City, Fla. — International Finance has provided a $13.3 million mortgage for Plant City Crossing, an 85,252-square-foot retail center located in Plant City, roughly 23 miles west of Tampa Bay. The borrower is Fraga Plant LLC, an affiliate of Coral Gables, Florida-based Fraga Properties. Publix anchors the property, which features a mix of additional tenants including Dollar Tree and Burger King.

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Son of a Butcher
Investment salesNewsTexas

Hanley Investment Group Negotiates Sale of Two Single-Tenant Retail Properties in Grapevine, Texas

by Abby Cox

Grapevine, Texas — Hanley Investment Group Real Estate Advisors has negotiated the sale of two newly constructed, single-tenant drive-thru retail properties located in Grapevine. Restaurant concept Son of a Butcher occupies a 2,389-square-foot building on a 15-year absolute triple-net ground lease, while Chicago hot dog restaurant Portillo’s occupies a 6,250-square-foot building on a 10.5-year absolute triple-net ground lease. Both properties are a part of a newly developed retail center that also includes additional restaurants such as Firebirds Wood Fired Grill, Rock & Brews and Velvet Taco. Bill Asher and Jeff Lefko …

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Caste Village
Grocery-anchoredNewsPennsylvania

Carderock, Partner Acquire 221,284-Square-Foot Shopping Center in Suburban Pittsburgh

by Abby Cox

Pittsburgh — A joint venture between Washington, D.C.-based Carderock and an unnamed partner has acquired Caste Village, a 221,284-square-foot neighborhood shopping center located in the Whitehall Borough of Pittsburgh. Grocer Giant Eagle anchors the property, which features a mix of additional tenants such as Banfield Pet Hospital, St. Clair Health, Fitness 19 and Princess Lanes Bowling Center. Carderock plans to renovate the shopping center with major upgrades including a revitalized Caste Commons gathering area, façade and systems improvements and re-tenanting spaces including a former Shell gas station and a recently vacated …

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Fairview Centre
Grocery-anchoredInvestment salesNewsOhio

Axiom Realty Buys 147,602-Square-Foot Fairview Centre in Suburban Cleveland

by Abby Cox

Fairview Park, Ohio — Axiom Realty has purchased Fairview Centre, a 147,602-square-foot shopping center located in the western Cleveland suburb of Fairview Park. Originally built in 1952 and renovated in 1994, the property — which is 89 percent leased — is anchored by Giant Eagle. Additional tenants include Dollar Tree and Onyx Health Club, as well as 15 other service-based tenants. Michael Nieder and Brian Page of JLL’s Chicago office represented the seller in the transaction.

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Smalls Sliders
DevelopmentKentuckyNewsRestaurantsTennessee

Smalls Sliders Signs Four-Unit Franchise Agreement Across Kentucky, Tennessee

by Abby Cox

Atlanta — Atlanta-based cheeseburger slider concept Smalls Sliders has signed a franchise agreement to open four new units across Kentucky and Tennessee, marking the brand’s second appearance in both states. Entrepreneur Matthew Robinson will own and operate the restaurants, which are dubbed “Cans.” Following recent multi-unit deals in Lexington, Kentucky, and Knoxville, Tennessee, Smalls Sliders’ newest locations will include Cans in Bowling Green, Kentucky, and three other locations throughout Clarksville and Henderson, Tennessee. The first of the four restaurants is anticipated to open next year. Founded in 2019, Smalls Sliders has …

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CaliforniaDevelopmentNews

Prime Pizza To Open Five Restaurants in Southern California

by Abby Cox

Los Angeles — Los Angeles-based Prime Pizza, a rapidly expanding New York-style pizza restaurant, has signed leases for five new locations in Southern California. The locations are at Alicia Landing Shopping Center in Mission Viejo; Gaslight Square in Brea; Farmers & Merchants Bank Center in Torrance; and two freestanding locations, one in Thousand Oaks and another in Valley Village, California. Mark Seferian of RCI Brokerage represented Prime Pizza in the transactions, which ranged from 1,256 to 1,951 square feet. The Mission Viejo and Brea locations will open in the fourth …

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Coal Mountain Shops
GeorgiaLeasingNews

Seven New Tenants to Join Coal Mountain Shops in Cumming, Georgia

by Abby Cox

Cumming, Ga. — Seven new tenants have signed leases to join FrostPoint Capital’s Coal Mountain Shops, a 19,805-square-foot shopping center undergoing redevelopment in Cumming, a north Atlanta suburb. Phase I of the redevelopment is now fully leased, with the new tenants including PNC Bank, Wingstop, barre3, Kumon, Smoothie King, The Bagel Hole and Shape Nails. Details of Phase II of the redevelopment project were not disclosed. Sam Krueger and Kaitlyn Schoerner of Franklin Street handled leasing efforts on behalf of FrostPoint Capital, which purchased the center in May.

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Laveen Towne Center
ArizonaCompany newsDevelopmentNews

Vestar to Develop 500,000-Square-Foot Laveen Towne Center in Southwest Phoenix

by Abby Cox

Phoenix — Vestar has received approval from the Village Planning Committee to develop Laveen Towne Center, an open-air shopping center in Phoenix’s southwest submarket of Laveen. Set to break ground in summer 2026 with a grand opening targeted for winter 2027, Laveen Towne Center will feature 500,000 square feet of retail, dining and entertainment space across 90 acres. Vestar plans to preserve the character and charm of the area through the project’s design and programming. The development will reuse existing materials and features found onsite, including from the Hudson Farmhouse, …

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Laveen Towne Center
Uncategorized

Vestar to Develop 500,000-Square-Foot Laveen Towne Center in Southwest Phoenix

by Abby Cox

Phoenix — Vestar has received approval from the Village Planning Committee to develop Laveen Towne Center, an open-air shopping center in Phoenix’s southwest submarket of Laveen. Set to break ground in summer 2026 with a grand opening targeted for winter 2027, Laveen Towne Center will feature 500,000 square feet of retail, dining and entertainment space across 90 acres. Vestar plans to preserve the character and charm of the area through the project’s design and programming. The development will reuse existing materials and features found onsite, including from the Hudson Farmhouse, …

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