Sunday, June 22, 2025
Read the Digital Magazines
Subscribe
Author

Hayden Spiess

Shoppes-Brevard-Place_Brevard-N.C
Investment salesNewsNorth Carolina

Northmarq Brokers $4.3 Million Sale of Retail Property in Metro Asheville

by Hayden Spiess

Brevard, N.C. — Northmarq’s Atlanta office has brokered the $4.3 million sale of Shoppes at Brevard Place, a retail property located in Brevard, roughly 30 miles southwest of Asheville. Built in 2020, the property totals 11,801 square feet. Tenants at the center, which was 76 percent occupied at the time of sale, include Starbucks Coffee, Jersey Mike’s, Salsarita’s, Mommy & Me and AT&T.  Billy Benedict of Northmarq represented both the buyer and seller, GL Brevard Shoppers and Brevard Partners of Tennessee, in the transaction. 

Continue Reading
0 FacebookTwitterLinkedinEmail
OAK_Oklahoma-City
LeasingMixed-useNewsOklahoma

Three Tenants Join 20-Acre OAK Mixed-Use Project in Oklahoma City

by Hayden Spiess

Oklahoma City — Three new tenants have signed leases at OAK, a 20-acre mixed-use project currently underway in Oklahoma City. Williams Sonoma, Tommy Bahama and Pottery Barn will occupy 5,500; 8,000; and 12,420 square feet, respectively. Upon completion, which is scheduled for September 2024, Phase I of the development will feature 135,000 square feet of retail, in addition to a hotel and residential units. Veritas Development, with co-investor the Dobson family, is the developer and landlord. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Randall-Square
IllinoisInvestment salesNews

Mid-America Brokers Sale of 226,029-Square-Foot Randall Square Shopping Center in Metro Chicago

by Hayden Spiess

Geneva, Ill. — Mid-America Real Estate Corp. has brokered the sale of Randall Square, a 226,029-square-foot shopping center located in Geneva, a western suburb of Chicago. Tenants at the property include Marshalls, Michaels, Ulta Beauty, Old Navy, PetSmart and Men’s Wearhouse. Joe Girardi, Rick Drogosz and Ben Wineman of Mid-America represented the seller, IRC Retail Centers/DRA Advisors, in the transaction. Viking Partners was the buyer. Pine Tree managed the property on behalf of the seller. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Company newsEntertainmentNewsOhioTexas

Cedar Fair, Six Flags Agree to Merge in $8 Billion Deal

by Hayden Spiess

Sandusky, Ohio and Arlington, Texas —Sandusky-based Cedar Fair Entertainment Co. (NYSE: FUN) and Arlington-based Six Flags Entertainment Corp. (NYSE: SIX) have entered into a definitive merger agreement to combine in a merger of equals transaction. The all-stock deal values the combined company at approximately $8 billion, including debt. Under the terms of the agreement, which has been unanimously approved by the boards of directors of both companies, Cedar Fair investors will receive one share of common stock for each unit they own, and Six Flags shareholders will receive .58 shares for …

Continue Reading
0 FacebookTwitterLinkedinEmail
Christina-Crossing_Wilmington-Del
DelawareGrocery-anchoredInvestment salesNews

JLL Arranges Sale of 120,000-Square-Foot Retail Center in Delaware

by Hayden Spiess

Wilmington, Del. — JLL Capital Markets has arranged the sale of Christina Crossing, a 119,446-square-foot shopping center located in Wilmington. ShopRite anchors the property. Christopher Munley, Jim Galbally, Chris Angelone, Colin Behr, James Graf, Zach Nitsche, Patrick Higgins and Blaise Fletcher of JLL represented the seller, DRA and KPR. First National Realty Partners acquired the center for an undisclosed price. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Mel-Sembler
Company newsFloridaNews

The Sembler Co. Founder Mel Sembler Dies at 93

by Hayden Spiess

St. Petersburg, Fla. — Florida-based developer and founder of The Sembler Co. Mel Sembler has passed away at the age of 93, according to a statement from the company.  Sembler founded his eponymous real estate company in 1962. To date, it has completed more than 350 developments totaling 29 million square feet. Additionally, the company manages and leases 10 million square feet of real estate and has offices in St. Petersburg, Florida, Atlanta and Puerto Rico. Currently, The Sembler Co.’s portfolio includes Belmont Shopping Center in Ruskin, Florida, and North Macon …

Continue Reading
0 FacebookTwitterLinkedinEmail
Activate
EntertainmentLeasingNewsTexas

Activate Opens 9,600-Square-Foot Gaming Center in Houston

by Hayden Spiess

Houston — Activate, an interactive indoor gaming experience, has opened a 9,600-square-foot venue in Houston. Situated within the Katy Fry Center, the space features 11 activity rooms with more than 500 different games and difficulty levels. The brand, which is designed for adult participants, currently has seven additional centers in Atlanta; Chicago; Dallas; Gatlinburg, Tennessee; American Dream, New Jersey; and Louisville and Lexington, Kentucky. Additional venues are scheduled to open this year, including in Birmingham, Alabama. 

Continue Reading
0 FacebookTwitterLinkedinEmail
South-Coast-Collection_Costa-Mesa-Calif
CaliforniaInvestment salesNews

CRC Acquires 292,000-Square-Foot Retail Center Costa Mesa, California

by Hayden Spiess

Costa Mesa, Calif. — Continental Realty Corp. has acquired South Coast Collection, a 292,000-square-foot retail center located in Costa Mesa. Built in 2007, the property was 97 percent leased at the time of sale. Tenants at the center include COCO Republic, Design Within Reach, Roche Bobois, Pirch, Paul Mitchell the School, Brown Jordan, Natuzzi Italia, Room & Board, Arc Food and Libations, Butcher’s House, Greenleaf Kitchen & Cocktails, Moulin, Paragon and Portola Coffee. The center also features The OC Mix, a 15,000-square-foot collection of more of more than 20 retailers and …

Continue Reading
0 FacebookTwitterLinkedinEmail
10582-Foothill-Blvd_Rancho-Cucamonga-Calif
CaliforniaInvestment salesNet leaseNews

Progressive Brokers $7.5 Million Sale of Retail Building in Southern California

by Hayden Spiess

Rancho Cucamonga, Calif. — Progressive Real Estate Partners has brokered the $7.5 million sale of a nine-tenant retail building located in Rancho Cucamonga. Situated within Terra Vista Town Center, the 21,918-square-foot property was fully leased at the time of sale. Tenants at the building, which have all signed triple-net leases, include a jeweler, escape room and indoor playground. Greg Bedell and Paul Su of Progressive represented the seller in the transaction. 

Continue Reading
0 FacebookTwitterLinkedinEmail
CaliforniaLeasingNews

Las Montañas Supermarket Opens 23,334-Square-Foot Store at Creekside Center in California

by Hayden Spiess

Hayward, Calif. — Las Montañas Supermarket has opened a 23,334-square-foot store at Creekside Center, an 80,311-square-foot retail center located in Hayward. In addition to a selection of produce, meat, poultry and seafood, the store features a taqueria. Other tenants at Creekside Center include The King Mattress and Furniture II, Supernails, Cricket Wireless, Rent-A-Center, Papa John’s, Subway and Carl’s Jr. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts