Adelanto, Calif. — Poppy Market has opened a 5,057-square-foot store in Adelanto. The store is situated within Adelanto Place, a 56,000-square-foot retail center. Lewis Retail Centers, which owns and operates 34 shopping centers in California and Nevada, is the landlord.
Solana Beach, Calif. — Capstone Advisors has acquired Beachwalk Shopping Center, a retail center located in Solana Beach, for $32.1 million. Capstone plans to implement physical upgrades and a curated tenant roster at the property, which totals 55,580 square feet across eight buildings. GEM Realty Capital, which purchased the property in April 2017, was the seller.
South Elgin, Ill. — JLL Capital Markets has arranged the sale of South Elgin Commons, a shopping center in South Elgin, roughly 40 miles outside Chicago. Tenants at the property, which was built in 2011 and partially renovated in 2021 and 2024, include Ross Dress for Less, T.J. Maxx, Five Below and Advocate Health Care. The center was fully occupied at the time of sale. L2 Partners acquired the property from PMAT Real Estate Investments. Michael Nieder and Keely Polczynski of JLL represented the seller in the transaction.
Pembroke Pines, Fla. — Marcus & Millichap has brokered the $6 million sale of Palm Plaza, a retail center located in Pembroke Pines. Tenants at the property, which totals 22,284 square feet, include Domino’s, Sushi Song and State Farm. The center was renovated in 2023 and fully leased at the time of sale. Jonathan De La Rosa, Eddie Toledo and Matthew Albregts of Marcus & Millichap represented the seller, an entity doing business as Westar at Palm Plaza LLC, in the transaction. A local private investor was the buyer.
Sparks, Nev. — Nadel Architecture + Planning will lead a repurposing project at the Oddie District, a retail and community destination located in Sparks in northern Nevada. In addition to retail space, the property features an artist colony and local business incubator — dubbed The Generator — with office spaces. Nadel will demise a 178,000-square-foot space that currently houses a Lowe’s Home Improvement store and make enhancements to The Generator. Upon completion, the former Lowe’s site will be open for leasing by retail tenants. An entity doing business as Oddie District …
Riverside, Calif. — Hanley Investment Group Real Estate Advisors has brokered the $20.8 million sale of five outparcels at Citrus Landing, a shopping center located in Riverside. Stater Bros. anchors the center, which was fully leased at the time of the transaction. Together, the five properties total 25,916 square feet. Tenants at the pad and outparcel buildings include Chick-fil-A, Quick Quack Car Wash, Arrowhead Credit Union, Panda Express, Café Bottega and Pacific Dental. Kevin Fryman and Ed Hanley of Hanley represented the seller, a private investor, in the transaction. Art Flores …
Malden, Mass. —Atlantic Capital Partners has arranged the $26.2 million sale of a single-tenant retail property located in the Boston suburb of Malden. Stop & Shop grocery store occupies the building, which totals 79,299 square feet and is situated with proximity to the Malden Center MBTA station. Justin Smith, Chris Peterson, Sam Koonce and Danielle Donovan of Atlantic Capital Partners represented the seller in the transaction and procured the buyer.
Myrtle Beach, S.C. — An affiliate of Zapolski Real Estate doing business as Prince Creek Investments LLC has acquired Prince Creek Village, an 18,035-square-foot retail center located in Myrtle Beach. Publix anchors the property, which was fully occupied at the time of sale. An entity doing business as MHC Prince Creek Village Owner LLC, a subsidiary of MHComemercial Real Estate Fund, sold the property for $6.4 million. Tom Kolarcyzk and Andrew Jomantas of JLL Capital Markets represented the seller in the transaction.
Aventura, Fla. — Eight new tenants have signed leases at Esplanade at Aventura, a retail development located in Aventura in south Florida. Together, the new leases total 22,213 square feet. The LEGO Store, Fit2Run, Pure Barre and STK Steakhouse are now open at the property, and If So, The Salty and Hästens are scheduled to open this winter. Seritage Growth Properties is the landlord.
Tucker, Ga. — Greenberg Gibbons has acquired Northlake Square, a retail center located in Tucker, for $17.3 million, marking the company’s entrance into the Georgia market. Built in 1988, the property totals 82,578 square feet. Tenants at the center, which was 98 percent leased at the time of sale, include Aldi and Best Buy. Greenberg Gibbons purchased Northlake Square through its investment vehicle Greenberg Gibbons Real Estate Income Fund I.
