Thursday, July 17, 2025
Read the Digital Magazines
Subscribe
Author

Hayden Spiess

Willow-Grove-Shopping-Center_Willow-Grove-Pa
DevelopmentMixed-useNewsPennsylvania

Federal Realty Investment to Begin Third Phase of Redevelopment at Willow Grove Shopping Center in Metro Philadelphia

by Hayden Spiess

Willow Grove, Pa. — Federal Realty Investment Trust has announced plans for the third phase of redevelopment at Willow Grove Shopping Center in Willow Grove, roughly 30 miles outside Philadelphia. Phase III will include the addition of a six-story building offering 260 multifamily units and 20,000 square feet of street-level retail space, alongside a structured parking garage. The development will be located adjacent to an 18,000-square-foot multi-tenant retail building currently under construction. Work on the third phase is expected to begin in fall 2024. Existing tenants at the shopping center will …

Continue Reading
0 FacebookTwitterLinkedinEmail
CVS_Barnstable-Mass
Investment salesMassachusettsNews

IPA Arranges $29.5 Million Sale of 140,082-Square-Foot Single-Tenant Portfolio 

by Hayden Spiess

Jacksonville, Fla. and Barnstable, Mass. — Marcus & Millichap’s Institutional Property Advisors (IPA) has arranged the $29.5 million sale of a 140,082-square-foot portfolio comprising three single-tenant retail properties. Two of the properties, a 122,358-square-foot store occupied by BJ’s Wholesale and a 7,974-square-foot building occupied by Napa Auto Parts, are located in Jacksonville, Florida. CVS/pharmacy occupies the third property, which totals 9,750 square feet in Barnstable, Massachusetts. Steven Siegel of IPA represented the undisclosed seller and secured the institutional buyer. Ryan Nee and Thomas Shihadeh are Marcus & Millichap’s brokers of record …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceInvestment salesMassachusettsNew YorkNews

Fantini & Gorga Secures $10 Million Acquisition Financing for Walgreens Portfolio

by Hayden Spiess

Needham, Mass. — Fantini & Gorga has secured $10 million in acquisition financing for a portfolio of four retail properties occupied by Walgreens. Three of the properties are located in Massachusetts, and the fourth is in New York. Casimir Groblewski and Colin Monahan of Fantini & Gorga arranged the debt through multiple banks on behalf of the borrower, Union Station LP, which acquired the portfolio in a 1031 exchange.

Continue Reading
0 FacebookTwitterLinkedinEmail
Leesburg-Marketplace
FloridaInvestment salesNews

SRS Arranges Sale of 81,071-Square-Foot Shopping Center in Leesburg, Florida

by Hayden Spiess

Leesburg, Fla. — SRS Real Estate Partners has brokered the $7.5 million sale of Leesburg Marketplace, an 81,071-square-foot shopping center located in Leesburg. The property was 90 percent leased at the time of sale to tenants including Ollie’s Bargain Outlet and Dollar Tree. Kyle Stonis and Pierce Mayson of SRS represented the seller, a Florida-based private investor, in the transaction. An entity doing business as JTT Eagles LLC was the buyer. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Village-Center_Fountain-Valley-Calif
CaliforniaFinanceGrocery-anchoredNews

Gantry Secures $17 Million Refinancing for Retail Center in Fountain Valley, California

by Hayden Spiess

Fountain Valley, Calif. — Gantry has secured a $17 million permanent loan for the refinancing of Village Center, a 93,000-square-foot retail center located in Fountain Valley. Sprouts Farmers Market, Rite Aid and Dollar Tree anchor the property. Braden Turnbull, George Mitsanas and Austin Ridge of Gantry arranged the five-year, fixed-rate financing on behalf of the borrower, Paragon Commercial Group. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNewsTexas

JLL Negotiates Sale of Two Shopping Centers Totaling 93,757 Square Feet in Houston

by Hayden Spiess

Houston — JLL has negotiated the sale of two adjacent shopping centers totaling 93,757 square feet in Houston. Sunridge Shopping Center and Westchase Plaza comprise 49,359 and 44,398 square feet, respectively. Ryan West, John Indelli, Clay Anderson and Ryan Olive of JLL represented the seller, Whitestone REIT, in the transaction. An entity controlled by Bridgewell Property Management acquired both properties.

Continue Reading
0 FacebookTwitterLinkedinEmail
Vans_Long-Beach-Calif
CaliforniaInvestment salesNet leaseNews

SRS Brokers $4.3 Million Sale of Single-Tenant Property in Long Beach, California

by Hayden Spiess

Long Beach, Calif. — SRS Real Estate Partners’ National Net Lease Group has brokered the $4.3 million sale of a single-tenant property located in Long Beach. Vans occupies the 3,749-square-foot building, which was built in 1926, on a triple-net-lease basis. Chris Tramontano and John Redfield of SRS represented the seller. Nathan Holthouser of Coastal Commercial Inc. represented the buyer. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Canyon-Springs-Marketplace_Riverside-Calif
CaliforniaLeasingNews

Three Tenants Sign Leases Totaling 24,220 Square Feet at Canyon Springs Marketplace in Riverside, California

by Hayden Spiess

Riverside, Calif. — Three tenants have signed leases totaling 24,220 square feet at Canyon Springs Marketplace in Riverside, bringing the property to 100 percent occupancy. Sephora and Urbane Café recently opened at the 183,000-square-foot center, occupying 4,320 and 1,600 square feet, respectively. Boot Barn has also signed a lease at the property and will open an 18,300-square-foot store this fall. Brad Umansky and Albert Lopez of Progressive Real Estate Partners represented the landlord, TDA Investment Property, in the leasing negotiations. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts