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Julia Sanders

Coconut Creek
FloridaInvestment salesNews

Marcus & Millichap Brokers $10.4 Million Sale of Three-Tenant Retail Property in South Florida

by Julia Sanders

Coconut Creek, Fla. — Marcus & Millichap has arranged the $10.4 million sale of a three-tenant retail property in Coconut Creek. Michael Salafia, Gabriel Britti, Ricardo Esteves and Ronnie Issenberg of Marcus & Millichap represented the seller, a publicly traded REIT, and procured the buyer, Boca Gas Co. Tenants at the two-building property include Shell, Daily’s Convenience and Firestone Complete Auto Care. The property spans 94,090 square feet on 2.2 acres at 6350 N State Road 7 and 6330 US-331 South.

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Douglasville Marketplace
GeorgiaInvestment salesNews

SRS Brokers Sale of 86,166-Square-Foot Shopping Center in Metro Atlanta

by Julia Sanders

Douglasville, Ga. — SRS’ Investment Properties Group has brokered the sale of Douglasville Marketplace, an 86,166-square-foot shopping center located in Douglasville. The seller, a family office out of Dallas, sold the property for $11.6 million to Continental Property Group LLC. Kyle Stonis and Pierce Mayson of SRS represented the seller and the buyer was self-represented in the transaction. Built in 2000 on 9.4 acres, Douglasville Marketplace was fully occupied at the time of sale by tenants including Kaiser Permanente, Ashley Homestore and Best Buy. The property is shadow-anchored by Lowe’s …

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Investment salesNewsTexas

Structure Commercial Arranges Sale of 68,492-Square-Foot Retail Center in Metro Dallas

by Julia Sanders

Irving, Texas — Structure Commercial has arranged the sale of Imperial Square, a 68,492-square-foot retail center in Irving. At the time of sale, the center was fully leased to a tenant roster that includes FedEx-Kinkos, Allegiance Staffing and Mint Mobile. Eric Deuillet and Jake Burns of Structure Commercial represented the undisclosed seller in the transaction. Greg Nelson and Brent Bosworth of Paladin Partners represented the buyer, Global Unique Logistics Corp.

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85 South
Investment salesNewsWisconsin

Mid-America Real Estate Group Arranges $9.4 Million Sale of Retail Center in Greenfield, Wisconsin

by Julia Sanders

Greenfield, Wis. — Mid-America Real Estate Group has arranged the $9.4 million sale of 84South Small Shops, a 17,805-square-foot retail center located at 8775-8871 W. Sura Lane in Greenfield. Built in 2018, 84South Small Shops includes tenants such as Men’s Hair House, Hand & Stone Massage and Facial Spa, MOD Pizza, FedEx Office and Cafe Zupas. Dan Rosenfeld of Mid-America Real Estate represented the undisclosed seller.

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Walgreens
IndianaInvestment salesNews

Quantum Brokers Sale of Walgreens-Occupied Property in Metro Indianapolis

by Julia Sanders

Anderson, Ind. — Quantum Real Estate Advisors Inc. has brokered the sale of a 14,418-square-foot property occupied by Walgreens in Anderson, about 40 miles northeast of Indianapolis. Constructed in 2004, the building is located at 320 S. Scatterfield Road. At the time of sale, Walgreens had roughly eight years remaining on its 25-year lease term. Dan Waszak of Quantum represented the buyer, a New York City-based 1031 investor. The seller was also based in New York.

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King's Market
GeorgiaInvestment salesNews

JLL Arranges $39.1 Million Sale of Publix-Anchored Retail Center in Metro Atlanta

by Julia Sanders

Roswell, Ga. — JLL Capital Markets has arranged the $39.1 million sale of King’s Market, a 281,064-square-foot retail center in Roswell, roughly 21 miles outside Atlanta. Jim Hamilton, Brad Buchanan and Andrew Michols of JLL marketed the property on behalf of the seller, The Mimms Family. Brixmor Property Group purchased the center. Anchored by Publix, King’s Market was 75 percent occupied at the time of sale by tenants including Frontgate Furniture Outlet, Sky Zone and TK Volleyball.

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South Meadows Promenade
Investment salesNevadaNews

DCG Arranges $34 Million Sale of South Meadows Promenade Shopping Center in Reno

by Julia Sanders

Reno, Nev. — DCG has arranged the sale of South Meadows Promenade, a retail center located on the corner of South Meadows Parkway and Double R Boulevard in Reno. An investor in a 1031 exchange acquired the property for $34 million. The name of the seller was not disclosed. At the time of escrow, the 80,000-square-foot shopping center was fully occupied. Current tenants include Sprouts Farmers Market, Marshalls, Pet Station, The Joint Chiropractic, Chase Bank, Chipotle Mexican Grill, Panda Express, Starbucks Coffee, Blaze Pizza, Jersey Mike’s Subs and Sports Clips. …

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Meadows Plaza
Investment salesNewsOhio

Cooper Group Brokers Sale of 11,746-Square-Foot Retail Center in Cincinnati

by Julia Sanders

Cincinnati — Cooper Commercial Investment Group has brokered the sale of Meadows Plaza in Cincinnati for an undisclosed price. The 11,746-square-foot retail center was fully leased at the time of sale to tenants such as Harper’s Point Eye Associates, Allstate Insurance, Reliable Staffing and AnyLabTestNow. Dan Cooper of Cooper Group represented the seller, a metro Cincinnati-based private investor. A West Coast-based buyer purchased the property.

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Riverdale Village
Investment salesMinnesotaNews

Hanley Investment Group Arranges $11.5 Million Sale of Three-Tenant Outparcel in Metro Minneapolis

by Julia Sanders

Coon Rapids, Minn. — Hanley Investment Group Real Estate Advisors has arranged the $11.5 million sale of Riverdale Village, a three-tenant outparcel in Coon Rapids, roughly 15 miles outside Minneapolis. Jeff Lefko and Bill Asher of Hanley Investment Group, in association with Robert Wise with CBRE, represented the seller, OneCorp Global. Boston Weir of Henry Group Real Estate represented the buyer, an undisclosed private investor based in Evergreen, Colorado. Built in 2021, the property includes a single-tenant, 4,150-square-foot building with a drive-thru occupied by Bank of America and a two-tenant, …

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LeasingMarylandNews

LA Fitness Joins Tenant Lineup at Woodmore Towne Centre in Maryland

by Julia Sanders

Glenarden, Md. — Urban Edge Properties has welcomed LA Fitness to Woodmore Towne Centre, a shopping center located at 2250 Petrie Lane in Glendarden. The retailer opened a 42,154-square-foot gym within the center. Additional tenants set to open at the shopping center include Ledo Pizza and European Wax Center, which are both expected to open soon, and Burn Box and Club Pilates, which will open by the second quarter of 2022. The property is 97 percent leased to tenants including Wegmans, Costco, Best Buy, At Home, Nordstrom Rack and Starbucks …

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