Author

Abby Cox

Dollar-General
Investment salesNewsPennsylvania

Marcus & Millichap Brokers Sale of 10-Store Dollar General Portfolio in Pennsylvania

by Abby Cox

Pennsylvania — Marcus & Millichap has brokered the sale of a portfolio of 10 Dollar General stores in Pennsylvania. The addresses were not disclosed, but the stores are all new construction and operate under 15-year, triple-net leases. Don McMinn and Andrew Koriwchak of the Taylor McMinn Retail Group of Marcus & Millichap brokered the deal. The seller was a developer, and the buyer was an institutional investment firm. “This marks our fourth Dollar General portfolio closing in the past 12 months, with investor  demand remaining strong across both private and …

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The Shops at Northfield
ColoradoDevelopmentNews

Stockdale Capital Partners Completes Recapitalization of 1.1 Million-Square-Foot Lifestyle Center in Denver

by Abby Cox

Denver — Stockdale Capital Partners, in collaboration with Unified Global Alternatives, has completed the recapitalization of The Shops at Northfield, a 1.1 million-square-foot lifestyle center located in Denver. Since acquiring the property in 2021, Stockton has secured entitlements for up to 1,500 apartment units; relet former anchor boxes to Wayfair and Life Time; and has signed roughly 350,000 square feet of additional leases with retailers such as lululemon, Nike, Sephora, Lucky Strike and a grocer. Current tenants at The Shops at Northfield, which spans 87 acres of retail, restaurant and …

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DevelopmentInvestment salesNewsTexas

Asana Partners Acquires The Arboretum in Texas, Plans Renovation

by Abby Cox

Austin, Texas — Asana Partners has acquired The Arboretum, a nearly 200,000-square-foot neighborhood center located in the Great Hills neighborhood of Austin. Asana plans to renovate the property, introduce activations for community engagement and create a merchandising mix that caters to nearby residents. In addition to refreshing the property, Asana will reconfigure the commons areas to support live music, pop-up retail and community programming; establish new patios for outdoor dining; improve connectivity throughout the property; and replace storefront signage. Site work at The Arboretum will begin this summer, with completion scheduled …

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Mountain View Plaza
Grocery-anchoredInvestment salesNewsNorth Carolina

Cleeman Realty Brokers Sale of Grocery-Anchored Shopping Center in King, North Carolina

by Abby Cox

King, N.C. — Cleeman Realty Group has brokered the sale of Mountain View Plaza, a 44,000-square-foot shopping center in King, roughly 16 miles northwest of Winston-Salem. Food Lion has anchored the 9.9-acre property since 2005. Other tenants include a Mexican restaurant, hibachi restaurant, barbershop, nail salon and a pet groomer. The seller, an unnamed family ownership group, sold the property to a group of private investors completing a 1031 exchange. Jeremy Scheer and Sara Shulman of Cleeman Realty represented both the buyer and the seller in the transaction. The sales …

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Louetta Retail Center
Investment salesNewsTexas

Headwall Investments Acquires 34,128-Square-Foot Louetta Retail Center in Houston

by Abby Cox

Houston — Headwall Investments has acquired Louetta Retail Center, a 34,128-square-foot retail property located in Houston. Tenants at the center include Chrysolite Aesthetics, Beltone Hearing Care Center, Retina Consultants of Texas, Dogtopia and Medella Urgent Care. Matt Maglothin of Altrue Capital arranged the sale on behalf of Headwall Investments, while Kendall Kerr and Tim Gregory of JLL represented the seller. Louetta Retail Center marks the firm’s 23rd unanchored shopping center acquisition.

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Green_Hills
DevelopmentFloridaIllinoisNewsTennessee

Simon to Invest $250 Million for Redevelopment of Three Malls in Nashville, Denver and Tampa

by Abby Cox

Indianapolis — Indianapolis-based mall owner Simon Property Group has unveiled plans to invest more than $250 million for the redevelopment of The Mall at Green Hills in Nashville, Cherry Creek Shopping Center in Denver and International Plaza in Tampa. Simon acquired the three properties in November 2025 as part of its purchase of the remaining 12 percent interest in The Taubman Realty Group LP that it did not already own. The $250 million investment reflects Simon’s focus on mall redevelopments to create modern environments that cater to today’s shopper, according …

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Seacliff Village
CaliforniaFinanceGrocery-anchoredInvestment salesNews

JLL Capital Markets Arranges $151 Million Sale, Financing of Seacliff Village in Huntington Beach, California

by Abby Cox

Huntington Beach, Calif. — JLL Capital Markets has arranged the $151 million sale of Seacliff Village, a 253,234-square-foot, grocery-anchored shopping center in Huntington Beach. Gleb Lvovich, Geoff Tranchina and Daniel Tyner of JLL represented the seller, Barings, and procured the buyer, Asana Partners, in the transaction. Anthony Fertitta Jr. and John Marshall, also of JLL, arranged $83.8 million in acquisition financing. A nearly 70,000-square-foot Albertsons grocery store anchors the property, which was 95.8 percent leased at the time of sale. Additional tenants include LA Fitness, Staples, Panera Bread and Starbucks Coffee, …

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Streets of Woodfield
IllinoisInvestment salesNews

Joint Venture Acquires 690,000-Square-Foot Shopping Center in Metro Chicago for $69 Million

by Abby Cox

Schaumburg, Ill. — A joint venture between PCCP and Hutensky Capital Partners has acquired Streets of Woodfield, a 690,000-square-foot shopping center located in the northwestern Chicago suburb of Schaumburg. According to the Daily Herald, Blackstone sold the property for $69 million. Blackstone originally purchased the shopping center for $168.5 million in 2015. Built in 1991, Streets of Woodfield was 94 percent leased to 22 tenants at the time of sale including Whole Foods Market, Dick’s House of Sport, AMC Theatres, Restoration Hardware Outlet, Legoland and Dave & Buster’s.

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7-Eleven-Rep-Photo
FloridaInvestment salesNews

SRS Real Estate Negotiates Sale of Three Single-Tenant Retail Properties in Central Florida for $28.8 Million

by Abby Cox

Winter Haven, Daytona Beach and Ocoee, Fla. — SRS Real Estate Partners has negotiated the sale of three single-tenant retail properties in two separate transactions for $28.8 million in Florida. Each newly constructed property is occupied by 7-Eleven on a 15-year, corporate-guaranteed absolute triple-net lease. The first property in Winter Haven sold for $9.5 million, while the second property in Ocoee sold for $9.67. The final property in Daytona Beach sold for $9.5 million. Patrick Nutt and William Wamble represented the sellers, Florida-based developers, in the transaction. The Winter Haven and …

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cvs-bixby
CaliforniaLeasingNews

Westar Associates Signs Leases with Four New Tenants at Bixby Village Plaza in Long Beach, California

by Abby Cox

Long Beach, Calif. — Westar Associates has signed leases with four new restaurant tenants at Bixby Village Plaza, a 76,883-square-foot retail center located in Long Beach. California Fish Grill, The Melt, Luna Grill and Urbane Café are expected to begin opening later this summer. The newest tenants will be situated in a newly constructed retail building, which formerly housed CVS Pharmacy. Current tenants at Bixby Village Plaza include East Coast Bagel, Finest Nails & Spa, Sapporo Sushi, Target and J’s Cleaners, among others.

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