Author

Abby Cox

Galt Ocean Marketplace

Fort Lauderdale, Fla. — Miami-based Gazit Horizons Inc. has acquired Galt Ocean Marketplace, a 105,589-square-foot retail center located in the Galt Ocean Mile neighborhood of Fort Lauderdale, for $35.4 million. The property — which was 96 percent leased at the time of sale — is anchored by Winn-Dixie. Additional tenants at the center include CVS Pharmacy, Holy Cross Hospital, McDonald’s, Flagstar Bank and Sherwin-Williams. The acquisition of Galt Ocean Marketplace joins Gazit Horizons’ portfolio of Florida properties, including luxury residential towers AER Tampa and Maizon Brickell in Miami.

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Northshore Mall

Peabody, Mass. — Simon Property Group has completed the redevelopment of Northshore Mall located in Peabody, roughly 15 miles northeast of Boston. The shopping center is now home to 140 specialty retailers, dining options and entertainment experiences. New tenants that have either recently been announced or have already opened include a 116,000-square-foot Life Time Fitness, as well as Arhaus and L.L. Bean. Interactive gaming experience Immersive Gamebox, Golf Lounge 18 and Gametime Lanes & Entertainment — which offers bowling and other games in addition to food and drink — are …

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Shoppes at Westgate

Rochester, N.Y. — New York City-based Time Equities Inc. (TEI) has acquired The Shoppes at Westgate, a 62,049-square-foot shopping center located in Rochester, for $6.2 million. Originally built in 1958 and renovated in 1986, the property is shadow-anchored by a Walmart Supercenter. Tenants at the center, which was 91 percent leased at the time of sale, include Ross Dress For Less, Bath & Body Works, Citi Trends and Citizens Bank. Ami Ziff, Jonathan Kim, Grant Scott and Eli Smith of TEI represented the firm in the transaction. Ben Snyder and …

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1129-1141 East 11th Street

Houston — Marcus & Millichap has brokered the sale of a 10,578-square-foot retail property located in Houston. Situated at 1129-1141 East 11th Street, the property was fully leased at the time of sale to tenants including Three Dog Bakery and Republic Boot Co. Justin Miller represented the seller, a Houston-based developer, in the transaction.

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Greenville Promenade

Greenville, Texas — STRIVE has arranged the sale of Greenville Promenade, a 220,482-square-foot power center located in Greenville, approximately 35 miles northeast of Dallas. Originally built in 1972, the center was fully leased at the time of sale to tenants including Spec’s Wines, Spirits & Foods, Ashley’s Furniture, Petco, Marshall’s, Ross Dress For Less, Belk and Staples. Hudson Lambert and Jennifer Pierson of STRIVE represented the California-based seller, while Harrison Beethe of STRIVE represented the local Dallas-Fort Worth-based buyer in the transaction. Additional terms of the sale were not disclosed. …

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Bellevue, Washington T&T Supermarket

San Francisco — T&T Supermarket, the largest Asian grocery retailer in Canada, is expanding to San Francisco. Situated at San Francisco’s City Center shopping mall, the new store — which is scheduled to open in winter 2026 — will be the chain’s second location in the Bay Area, following an upcoming opening in San Jose, and its fourth in the U.S. Formerly occupied by Best Buy, the 50,000-square-foot store will offer customers more than 200 T&T private label brand options, street food-style meals, a bakery and a sushi counter. Founded …

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Florence, S.C. — The Morgan Cos. will develop a grocery-anchored shopping center in Florence, dubbed Palmetto Place. Publix has signed a lease for a 47,000-square-foot space to anchor the project. An additional 18,050 square feet of retail space will be available, as well as several outparcels for future retail development. Wes Thurmond and Robey Spratt of Atlantic Retail Properties will serve as the leasing agents for the project. Morgan Cos. will close on the land acquisition for the shopping center in the coming months, with plans to begin construction later …

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Shoppes at Romence Village

Portage, Mich. — Mid-America Real Estate Corp. has brokered the sale of Shoppes at Romence Village, a 62,079-square-foot shopping center located in Portage, five miles south of Kalamazoo. The center — which was 96 percent leased at the time of sale — features a mix of tenants including AAA, Great Clips, Michigan Secretary of State, Jet’s Pizza, Once Upon A Child and Clothes Mentor. New York-based Time Equities purchased the property for an undisclosed price. Ben Wineman, Daniel Stern and Brad Lefkowitz of Mid-America represented the seller, Bloomfield Hills, Michigan-based …

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Kinsey Crossing

Tyler, Texas — STRIVE has arranged the sale of Kinsey Crossing, a 24,107-square-foot retail center located in the Northeast Texas city of Tyler. Originally built in 2014, the property was 80 percent leased at the time of sale to tenants including Dunkin’ Donuts, Baskin-Robbins and T-Mobile. Andrew Williams and Will Schubert of STRIVE represented the New Jersey-based seller and sourced the buyer. Additional terms of the sale were not disclosed.

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Katy, Texas — Conshohocken, Pennsylvania-based CenterSquare Investment Management has acquired The Shops at Cinco Ranch, a 27,500-square-foot essential service retail (QSR) shopping center in the western Houston suburb of Katy. The property was 96 percent leased to service-oriented tenants at the time of sale. This transaction marks CenterSquare’s fifth acquisition in Houston.

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