Coral Springs, Fla. — Tiktin Real Estate Investment Services (TREIS) has arranged the $43 million sale of the Heron Bay Office and Retail Portfolio in Coral Springs.
Santa Maria, Calif. — CBRE has arranged the sale of Santa Maria Town Center, a 331,804-square-foot regional mall in Santa Maria.
Maryville, Tenn. — Hutton has opened the redeveloped Maryille Commons, a 69,540-square-foot shopping center in Maryville, located 18 miles south of Knoxville.
Owings Mills, Md. — Kimco Realty Corp. has inked a 66,450-square-foot lease with Giant Food at Mill Station, a $108 million project located at the site of the former Owings Mills Mall in Owings Mills, 18 miles northwest of Baltimore.
Florida and Georgia — Colliers International has arranged the $55 million sale of 10 single-tenant retail properties in Florida and Georgia that are net-leased to Walgreens.
Mansfield, Ohio — Out of the Box Ventures LLC has acquired Richland Mall in Mansfield, located midway between Columbus and Cleveland.
NKF Capital Markets Arranges Sale of 488,867-Square-Foot Esplanade Shopping Center in Southern California
Oxnard, Calif. — NKF Capital Markets has arranged the sale of Esplanade Shopping Center, a regional shopping center located in Oxnard.
Davenport, Iowa — Equity Investment Group has acquired Kimberly West, a 113,713-square-foot shopping center anchored by Hv-Vee in Davenport, for an undisclosed price.
Dallas — Centennial has appointed Whitney Livingston chief operating officer (COO) of projects.
With the increased investor demand for service-based, internet-resistant retail, the single-tenant net-leased learning and daycare industry has emerged as a viable and sustainable alternative to common net-leased retail properties for private investors. Since January 2017, Hanley Investment Group has completed the sale of over $20 million in single-tenant learning and daycare leased properties across the country. Shopping Center Business sat down with Southern California-based Hanley Investment Group Vice President Jeff Lefko to discuss his take on this growing sector. SCB: Why are so many new daycare and learning centers opening across the …