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

Julia Sanders

Summit Orchards
Investment salesMissouriNews

Stan Johnson Co. Brokers Sale of 81,185-Square-Foot Summit Orchards Shopping Center Near Kansas City

by Julia Sanders

Lee’s Summit, Mo. — Stan Johnson Co. has brokered the sale of Summit Orchards Shopping Center in Lee’s Summit near Kansas City. The sales price was undisclosed. The newly built property, which spans 81,185 square feet, was fully leased at the time of sale to tenants such as Aldi, HomeGoods, Ross Dress for Less and Five Below. Margaret Caldwell, Patrick Kelley, Jason Powell and Max Van Dresser of Stan Johnson represented the seller, Townsend Summit, an affiliate of Townsend Capital. Jenel Real Estate, a private family office based in New …

Continue Reading
0 FacebookTwitterLinkedinEmail
Pinellas Park
FloridaInvestment salesNews

Marcus & Millichap Arranges $13.7 Million Sale of Three-Property Retail Portfolio in Metro St. Petersburg, Florida

by Julia Sanders

Pinellas Park and Largo, Fla. — Marcus & Millichap has arranged the $13.7 million sale of a three-property retail portfolio totaling 22,631 square feet located outside St. Petersburg in Pinellas Park and Largo. Gabriel Britti, Ronnie Issenberg and Jonathan Gerszberg of Marcus & Millichap represented the seller, an undisclosed local developer, and the buyer, a limited liability company, in the transaction. The portfolio includes 4049-4057 Park Blvd. in Pinellas Park, which sold for $5.2 million; 9040 Ulmerton Road in Largo, which sold for $4 million; and 10125 Ulmerton Road in …

Continue Reading
0 FacebookTwitterLinkedinEmail
Willow Lake Crossing
GeorgiaInvestment salesNews

Palomar Group Brokers $3.8 Million Sale of Willow Lake Crossing in Warner Robins, Georgia

by Julia Sanders

Warner Robins, Ga. — The Palomar Group has brokered the $3.8 million sale of Willow Lake Crossing, a 19,650-square-foot shopping center in Warner Robins. Built in 1998, the center was fully occupied at the time of sale by tenants including Shane’s Rib Shack, Stevi B’s and H&R Block. Target and Academy Sports + Outdoors shadow-anchor the property. The previous owner, Charlestonvest-Warner Robbins LLC, completed renovations at the center earlier this year, which included resealing and restriping the parking lot, façade upgrades and LED lighting installation. Jordan Collier and Brian Sweeting …

Continue Reading
0 FacebookTwitterLinkedinEmail
WSS Shoes and Habit Burgers
ArizonaInvestment salesNews

Marcus & Millichap Arranges $8.1 Million Sale of Retail Property in Phoenix

by Julia Sanders

Phoenix — Marcus & Millichap has brokered the sale of a retail property located at 5120 and 5110 W. Indian School Road in Phoenix. A limited liability company sold the property to a personal trust for $8.1 million. WSS Shoes and Habit Burger occupy the 13,100-square-foot shopping center, which is across the street from American Family Fields of Phoenix Baseball Park, the spring training home to the Milwaukee Brewers. Mark Ruble and Chris Land of Marcus & Millichap represented the seller, while Peter James and Rob Narchi of Marcus & …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesMassachusettsNews

RPT Realty to Purchase Grocery-Anchored Shopping Center in Metro Boston for $131.5 Million

by Julia Sanders

Dedham, Mass. — RPT Realty is under contract to purchase a 510,000-square-foot, grocery-anchored shopping center in Dedham near Boston for $131.5 million. Stop & Shop is the anchor tenant. Other tenants at the property, which is nearly 92 percent occupied, include TJ Maxx, Dick’s Sporting Goods, Starbucks Coffee and Chipotle Mexican Grill. The acquisition is expected to close in the fourth quarter. R2G Venture LLC, RPT’s joint venture platform focused on grocery-anchored assets, will be utilized to acquire the property.

Continue Reading
0 FacebookTwitterLinkedinEmail
Midlothian Crossing
Investment salesNewsVirginia

Cushman & Wakefield | Thalhimer Arranges $6.6 Million Sale of Midlothian Crossing Shopping Center in Metro Richmond

by Julia Sanders

North Chesterfield, Va. — Cushman & Wakefield | Thalhimer has arranged the sale of Midlothian Crossing in North Chesterfield, about 9.7 miles south of Richmond. Midlothian Crossing is an 87,938-square-foot shopping center that was 95.6 percent leased at the time of sale to tenants such as Big Lots and Goodwill. Catharine Spangler of Cushman & Wakefield | Thalhimer represented the seller, an entity doing business as RCC Midlothian Crossing LLC. The Richmond-based buyer, an entity doing business as 8501 MIDLO PIKE LCC, acquired the property for $6.6 million. Located off …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNewsTexas

Boulder Group Arranges $2.4 Million Sale of Net-Leased Retail Property in Taylor, Texas

by Julia Sanders

Taylor, Texas — The Boulder Group has arranged the $2.4 million sale of a 6,912-square-foot retail property that is net-leased to Advance Auto Parts in Taylor, located northeast of Austin. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller, a private investor based in the Southwest, in the transaction. The undisclosed, West Coast-based buyer completed the deal via a 1031 exchange.

Continue Reading
0 FacebookTwitterLinkedinEmail
Plaza Sante Fe
Investment salesNew MexicoNews

Benderson Development Buys 450,000-Square-Foot Power Center Ground Lease in Santa Fe, New Mexico

by Julia Sanders

Santa Fe, N.M. — Benderson Development has acquired two tracts of land ground-leased to Plaza Santa Fe, a 450,000-square-foot power center in Santa Fe. Truzaf LP sold the asset for an undisclosed price. The leases commenced in two phases, one in 1998 with the region’s only Target store and a newly refurbished Albertsons Market Street, and the second in 2000 with the opening of TJ Maxx, Ross Dress for Less, Best Buy, Michaels and PetSmart. Located at the intersections of Cerrillos Road, Zafarano Drive and Rodeo Road, the retail center …

Continue Reading
0 FacebookTwitterLinkedinEmail
Alpine Summit
Investment salesMichiganNews

NAI Wisinski Negotiates Sale of 136,942-Square-Foot Shopping Center in Grand Rapids

by Julia Sanders

Grand Rapids, Mich. — NAI Wisinski of West Michigan has negotiated the sale of Alpine Summit Shopping Center in Grand Rapids for an undisclosed price. The 136,942-square-foot shopping center is located at 3165 Alpine Ave. The center is fully occupied by Ulta Beauty, HomeGoods, Marshalls, Petco, Party City, CATO, Sola Salons, America’s Bride and ABC Warehouse. Bob Lotzar and Bill Tyson of NAI Wisinski represented the undisclosed buyer in the transaction. NAI Wisinski also serves as the property manager.

Continue Reading
0 FacebookTwitterLinkedinEmail
Rivertown Market
DevelopmentMichiganNews

Meijer to Open Rivertown Market in Detroit’s East Jefferson Corridor on Oct. 6

by Julia Sanders

Detroit — Meijer is scheduled to open its new Rivertown Market in Detroit’s East Jefferson Corridor on Wednesday, Oct. 6. This will be the fourth neighborhood market opened by Meijer and the second in metro Detroit. The small-format grocery concept is focused on bringing a mix of local, fresh food and value to customers in the area. The 42,000-square-foot store will include an assortment of fresh and prepared foods, including bakery items, fresh meat and deli offerings. The Rivertown Market will include a Great Lakes Coffee shop.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts