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Hayden Spiess

Sanford, Fla. — CTO Realty Growth has acquired Marketplace at Seminole Towne Center, a 318,000-square-foot retail center located in Sanford, approximately 25 miles outside Orlando. An undisclosed seller sold the center for $68.7 million. Situated on 41 acres, the property was 98 percent leased at the time of sale. Burlington, Marshalls, World Market, Petco, Ross Dress for Less, Old Navy, Ulta Beauty and Five Below anchor the center. 

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Shell_Seattle

Seattle — Marcus & Millichap has arranged the $3.2 million sale of a gas station property located in the Ballard neighborhood of Seattle. Shell occupies the property on a net-lease basis. Hank Wolfer of Marcus & Millichap’s Seattle office represented the undisclosed seller in the deal.

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Salad-and-Go_Edmond-Okla

Edmond, Okla. — Hanley Investment Group Real Estate Advisors has facilitated the $1.7 million sale of a single-tenant property located in Edmond, roughly 15 miles outside Oklahoma City. Salad and Go Drive-Thru occupies the 858-square-foot building, which is an outparcel to a Lowe’s. Jeff Lefko and Bill Asher of Hanley represented the seller, in association with Alex Apter of Location Commercial Real Estate and ParaSell Inc. Eric Fleske of Fleske Commercial Group represented the buyer, a private investor. 

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Oak-Forest-Commons_Oak-Forest-Ill

Oak Forest, Ill. — Mid-America Real Estate Corp. has arranged the sale of Oak Forest Commons, a 115,754-square-foot shopping center located in the Chicago suburb of Oak Forest. Rick Drogosz, Ben Wineman and Joe Girardi of Mid-America represented the seller, IRC Retail Centers/DRA Advisors, in the transaction. First Tek acquired the center for an undisclosed price. The property was managed by Pine Tree on behalf of the seller. 

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Colonnade-Retail-Cener_San-Antonio

San Antonio — A joint venture between Headwall Investments and SageView Partners has acquired The Colonnade Retail Center, a 126,549-square-foot shopping center located in San Antonio. Tenants at the property include Firehouse Subs, Great Clips, The Honey Baked Ham Co., First Watch and PJ’s Coffee of New Orleans. This marks the inaugural purchase for Headwall’s Shopping Center Fund II portfolio, a platform targeting unanchored convenience retail centers in major Texas metros. 

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Harrisburg, Pa. — The Kislak Co. has brokered the $4.6 million sale of Uptown Plaza, a 156,066-square-foot retail center located in Harrisburg. Built in 1957 on 14 acres, the property features 30 storefronts. Tenants at the center include H&R Block, Metro PCS, McDonald’s and Save-a-Lot. Robert Holland and Barry Waisbrod of Kislak arranged the sale on behalf of the seller, Town Associates. America’s Realty purchased the property.

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Jericho, N.Y. — New York-based Kimco Realty has signed 19 new leases at its shopping center properties in Arizona. Scheduled to open this month and in April, Burlington and Five Below will occupy 30,000 and 10,787 square feet, respectively, at Christown Spectrum in Phoenix. PetWellClinic and Milano Nails Salon have also signed leases totaling 6,432 square feet at Madison Village Marketplace in Phoenix. Cookie Plug and Parlor Doughnuts will open 900-square-foot and 2,100-square-foot shops in Phoenix as well, at Plaza at Mountainside, a Safeway-anchored property. Skechers is scheduled to open within …

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YETI

New York City — Outdoor lifestyle brand YETI has signed a 6,614-square-foot lease in Manhattan in New York City. Scheduled to open by early summer of this year, the store will occupy space on two levels of the building, which is situated across from Madison Square Park. Boston Properties is the landlord of the property. Ian Rice of SCG Retail, a division of TSCG, and Jordan Cohn of Ripco represented YETI in the lease negotiations. Alan Schmerzler and Steven Soutendijk of Cushman & Wakefield represented the landlord. 

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FAT-Village_Fort-Lauderdale-Fla

Fort Lauderdale, Fla. — Hines and partners Urban Street Development, Cresset Real Estate, Las Americas, Hudson Capital and Halmos Holdings have broken ground on FAT Village, a 5.6-acre mixed-use project located in Fort Lauderdale. The first phase, which is scheduled for completion in 2027, will feature 74,000 square feet of retail space, in addition to 601 apartment units and 180,000 square feet of mass timber office space, dubbed T3 — Timber, Transit and Technology. A second phase will be developed upon completion of the first. In total, the project will comprise …

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