Reading, Mass. — Wilder has signed Trader Joe’s to anchor The Crossing at Walkers Brook, a 480,000-square-foot shopping center located in Reading, approximately 20 miles north of Boston. Trader Joe’s is expected to open in late 2026. Additional tenants at the center include Jordan’s Furniture, The Home Depot, Golf Galaxy, The Paper Store, Anthony’s Coal Fired Pizza, Starbucks Coffee, Chipotle Mexican Grill and Supercuts. Chris Mearn of District Real Estate Advisors represented Trader Joe’s in the lease negotiations.
JLL Arranges $27.9 Million in Financing for Grocery-Anchored Shopping Center in Bristol, Connecticut
Bristol, Conn. — JLL Capital Markets has arranged $27.9 million in financing for Bristol Plaza, a 263,829-square-foot shopping center located in Bristol, approximately 20 miles southwest of Hartford, near the global ESPN headquarters. Christopher Drew, Henry Schaffer, Michael DiCosimo, Aaliyah St. Louis and Preston Bacon of JLL secured the five-year, fixed-rate loan through Voya on behalf of the borrower, Sterling Organization. Bristol Plaza, which is currently 93 percent leased, is anchored by T.J. Maxx and Stop & Shop. Additional tenants include Burlington, Dollar Tree, Five Below, Webster Bank and Starbucks Coffee.
Chamblee, Ga. — JLL Capital Markets has negotiated the sale of Peachtree Station, a 106,388-square-foot shopping center located in Chamblee, a northeast suburb of Atlanta. Jim Hamilton, Brad Buchanan, Andrew Kahn, Andrew Michols, Charlie Merrigan, Anton Serafini and John Perry Hilton of JLL represented the seller, Chicago-based Harrison Street Asset Management, in the transaction. Boston-based TA Realty was the buyer. A 45,136-square-foot Whole Foods Market anchors Peachtree Station, which was fully leased at the time of sale. Additional tenants at the property include Starbucks Coffee, Chipotle Mexican Grill, Cava, Verizon Wireless …
Savannah, Ga. — The Ardent Cos. has signed Sprouts Farmers Market to anchor Crossroads Shopping Center, a 92,000-square-foot retail center located in Savannah. Ardent will redevelop 28,000 square feet for the addition of Sprouts Farmers Market, as well as a second retail suite. In addition to repositioning the tenant mix, the Atlanta-based real estate firm will also upgrade the property’s façade. Demolition is expected to begin this summer, with a targeted opening in 2027.
Richmond, Va. — Berkeley Capital Advisors has negotiated the $18.8 million sale of West Broad Commons, a 109,551-square-foot shopping center located in Richmond. Rob Carter, Alex Quarrier and Thompson Brown of Berkeley Capital Advisors represented the seller. The private buyer is based in Maryland. Tenants at the center, which was fully leased at the time of sale, include New Grand Mart, Teppanyaki Grill & Buffett and Empire Beauty School. West Broad Commons spans nearly 12 acres.
Fort Myers, Fla. — JLL has arranged the sale of Daniels Crossing, a 110,780-square-foot neighborhood center located in Fort Myers. Danny Finkle and Jorge Portela of JLL represented the seller, a joint venture between Forge Capital Partners and The Sembler Co. Publix Super Markets was the buyer. The property, which is anchored by a newly redeveloped Publix, was fully leased at the time of sale. Additional tenants include Quest Diagnostics, Hope Chest Hospice, Millennium Physician Group and The UPS Store.
Altamonte Springs, Fla. — 11North Partners has acquired West Town Corners, a 285,497-square-foot retail center located in Altamonte Springs, roughly 16 miles north of Orlando. Winn-Dixie anchors the property, which features a mix of additional tenants including PetSmart, T.J. Maxx, Five Below, Panera Bread, Bath & Body Works, Crumbl Cookies and American Signature Furniture. Danny Finkle and Jorge Portela of JLL represented the seller in the transaction. Washington Prime Group sold the property for $59.5 million, according to several media outlets.
Longwood, Fla. — Cushman & Wakefield has negotiated the sale of the Shoppes of Sweetwater, a 64,253-square-foot Publix-anchored center located in Lakewood, roughly 15 miles north of Orlando. Mark Gilbert, Adam Feinstein and Mitchell Halpern of Cushman & Wakefield represented the seller, an entity doing business as Shoppes of Sweetwater Inc. Washington, D.C.-based Graphite Real Estate was the buyer. The property, which was 94 percent leased at the time of sale, features a mix of tenants such as CVS Pharmacy, The Hummus Corner, Li’s Garden Chinese Restaurant, Aca-Pulquito Cocina Mexicana, …
Irving, Texas — Marcus & Millichap has negotiated the sale of Market Square, a 48,822-square-foot multi-tenant retail center located in Irving, approximately 10 miles northwest of Dallas. Phillip Levy of Marcus & Millichap marketed the property on behalf of the seller and procured the buyer, both private investors. Built in 1984, Market Square was fully leased at the time of sale to a mix of service-oriented tenants including Sarigama Supermarket, Amaravati Indian Restaurant, Bajeko Sekuwa Himalayan Grill, Cajun Crab, Pizza Hut, Subway, Smoothie King, NS Hair Salon & Spa, Vivek Flowers …
Beverly, Mass. — JLL Capital Markets has negotiated the $8.5 million sale of a freestanding retail property located in Beverly, roughly 20 miles northeast of downtown Boston. The 60,666-square-foot building is fully leased to Stop & Shop, which has operated at the location since 1986. The site spans 4.9 acres and originated as the first Marshalls store in the United States, according to JLL. The property has been owned by the Marshalls family since its inception in 1956. Alex Quinn, Zach Nitsche, Sam Wiesman and Joe Marinaro of JLL represented the seller in the …
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