Author

Abby Cox

Whataburger_Acworth
GeorgiaInvestment salesNews

Marcus & Millichap Brokers $2.7 Million Sale of Single-Tenant Retail Property in Metro Atlanta

by Abby Cox

Acworth, Ga. — Marcus & Millichap has brokered the $2.7 million sale of a newly built, single-tenant retail property located in Acworth, a northwest suburb of Atlanta. Whataburger occupies the 3,318-square-foot freestanding restaurant, which features a double drive-thru, on a 15-year corporate ground lease. Don McMinn and Andrew Koriwchak of Marcus & Millichap represented the seller, an unnamed developer based in Georgia, in the transaction. Mark Ruble, Chris Lind and Zack House of Marcus & Millichap procured the unnamed buyer. The Whataburger restaurant was delivered in April and is adjacent to …

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Village Green
DevelopmentNewsTennessee

Five New Tenants to Join Village Green Shopping Center in Suburban Nashville

by Abby Cox

Nolensville, Tenn. — Five new tenants have signed leases to join Village Green, a 90,473-square-foot shopping center under development in Nolensville, a suburb of Nashville. Chase Bank will debut at the property, along with Tropical Smoothie Café, Floyd’s 99 Barbershop, Great Clips and Mountain Mike’s Pizza. Village Green will open this October. The new tenants will accompany a mix of additional retailers and restaurants who have already committed to the project including Chipotle, First Watch, Hand & Stone Massage and Facial Spa, Club Pilates, Heartland Dental, Jersey Mike’s, Abbott’s Frozen …

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AlabamaFinanceNews

Burton, Peaceable Street Capital Close $123 Million Recapitalization of Alabama Shopping Center Portfolio

by Abby Cox

Mobile, Ala. — Mobile-based Burton Property Group and Peaceable Street Capital have closed the $123 million recapitalization of a four-property shopping center portfolio in Alabama. The properties include Riviera Square and Foley Square in Foley, Jubilee Square in Daphne and Westwood Plaza in Mobile. The 785,000-square-foot portfolio was 98 percent leased at the time of the recapitalization, details of which were not disclosed. Jim Hamilton, Brad Buchanan and Andrew Michols of JLL arranged the financing on behalf of Burton Property Group, which will use its newfound capital flexibility on its …

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Hazel Dell Marketplace
FinanceGrocery-anchoredNewsWashington

Gantry Secures $27.8 Million in Refinancing for Hazel Dell Marketplace in Vancouver, Washington

by Abby Cox

Vancouver, Wash. — Gantry has secured a $27.8 million permanent loan to refinance maturing debt for Hazel Dell Marketplace, a 227,680-square-foot retail center in Vancouver. Situated on 28 acres across 11 buildings, Hazel Dell is anchored by Safeway. Other tenants at the center include Ross, Marshalls, Parkrose Hardware, Sola Salons, Killer Burger and Sally Beauty. Blake Hering and Abi Hunter of Gantry represented the borrower, a family office owner and developer partnership between two family office groups, in the financing. The fixed-rate, 10-year loan was secured from one of Gantry’s correspondent …

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Pearl Square
FloridaGrocery-anchoredLeasingMixed-useNews

Gateway Jax Signs Lease with Publix to Anchor Mixed-Use Development in Jacksonville, Florida

by Abby Cox

Jacksonville, Fla. — Locally based real estate development firm Gateway Jax has signed a lease with Publix to anchor Pearl Square, a 1.5 million-square-foot mixed-use development underway in Jacksonville. The new Publix will span 31,000 square feet in a building that will also include a 15-story residential tower with 250 apartment units and 400 parking spaces. Gateway Jax and Corner Lot are expected to begin construction on the grocery store in summer 2026. Upon completion of Pearl Square, the $2 billion development will comprise 1,250 residential units, approximately 200,000 square feet …

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Academy Sports + Outdoors
AlabamaCompany newsDevelopmentFloridaGeorgiaIndianaMississippiNewsOhioSouth CarolinaTennesseeTexasVirginia

Academy Sports + Outdoors Opens 11 New Stores in Third Quarter 2025 

by Abby Cox

Katy, Texas — Katy, Texas-based Academy Sports + Outdoors has opened 11 new stores in the third quarter of this year, with plans to debut a total of up to 25 new locations in 2025. The sporting goods and outdoor recreation retailer has already launched three new locations in Boardman, Ohio; Beaufort, South Carolina; and Virginia Beach, Virginia; and will open eight more stores in fall 2025 in Rome, Georgia; Cullman, Alabama; Mishawaka, Indiana; Lakeland, Florida; Columbia, Tennessee; Albany, Georgia; Palestine, Texas; and Batesville, Mississippi. The 11 new store openings this …

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Eaglewood Shops
Company newsMassachusettsNew HampshireNewsRhode Island

Wilder to Manage 74 Retail Properties Across Three States

by Abby Cox

Boston — Boston-based Wilder has been selected to provide management services for 74 retail properties across Massachusetts, New Hampshire and Rhode Island on behalf of Linear Retail Properties. With the addition of these properties, Wilder’s portfolio now exceeds more than 100 locations, ranging from Maine to Florida.

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South Island Market
DevelopmentMixed-useNewsSouth Carolina

Pinckney Partners, Coldwell Banker Commercial Atlantic Unveil Plans for Mixed-Use Development in Johns Island, South Carolina

by Abby Cox

Johns Island, S.C. — Pinckney Partners and Coldwell Banker Commercial Atlantic have unveiled plans for South Island Market, a 34-acre mixed-use project under development on Johns Island, about 13 miles south of Charleston. The project will span 82,000 square feet across eight buildings, which will be designated for retailers, restaurants, service-based tenants and office space. The development will also include 79 luxury townhomes built by Fort Washington, Pennsylvania-based Toll Brothers, along with 16 acres of open space. Buddy Darby and Charles Darby of Pinckney Partners are the developers of South …

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Covington Plaza
Grocery-anchoredIndianaInvestment salesNews

Mid-America Brokers Sale of 182,051-Square-Foot Shopping Center in Fort Wayne, Indiana

by Abby Cox

Fort Wayne, Ind. — Mid-America Real Estate Corp. has brokered the sale of Covington Plaza, a 182,051-square-foot community center located in Fort Wayne. The center is anchored by The Fresh Market and features a mix of additional tenants including Pet Supplies Plus, Tequila Mexican Cantina, Cap n’ Cork, Christopher James Menswear and Catablu Grille. Ben Wineman, Joe Girardi, Rick Drogosz and Eric Geskermann of Mid-America represented the seller, Broad Reach Retail Partners, in the transaction. The buyer was Charleston, South Carolina-based Ziff Real Estate Partners.

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Rolesville Town Center
Investment salesNewsNorth Carolina

Prudent Growth Sells Rolesville Town Center Near Raleigh, North Carolina, for $4.5 Million

by Abby Cox

Rolesville, N.C. — Chapel Hill, North Carolina-based Prudent Growth Partners has sold Rolesville Town Center, a 19,500-square-foot neighborhood shopping center located in Rolesville, a suburb of Raleigh. The property sold for $4.5 million. Tenants at the center include Megan Nails, Kruse Chiropractic, Black & White Coffee Roasters, Pizza Hut and Rolesville Equipment Co. Additional details of the transaction were not disclosed. Prudent originally purchased Rolesville Town Center in September 2021 for $3.1 million.

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