Grocery-anchored

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DevelopmentGrocery-anchoredNewsNorth Carolina

Lowes Foods to Anchor Mixed-Use Project Near Charlotte, North Carolina

by Abby Cox

Mooresville, N.C. — Lowes Foods plans to anchor Cadia Village Mooresville, a mixed-use development underway in suburban Charlotte. The Winston-Salem-based grocer will open a 52,000-square-foot store that features various departments, including a craft brewery (The Beer Den), coffee shop (Boxcar Coffee) and bakery (The Cakery). The developer, Pappas Properties, plans to break ground on the new Lowes Foods store in the third quarter, aiming for delivery in 2027. Situated near Lake Norman, Cadia Village Mooresville will feature a retail center, offices, a community village green space, for-sale homes, active adult apartments …

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Paris-Towne-Center
Grocery-anchoredInvestment salesNewsTexas

Culpepper Realty Sells 291,958-Square-Foot, Grocery-Anchored Retail Center in Northeast Texas

by Abby Cox

Paris, Texas — Culpepper Realty Co. has sold Paris Towne Center, a 291,958-square-foot, grocery-anchored shopping center located in the Northeast Texas city of Paris. Adam Howells and Erin Myer of JLL Capital Markets represented the seller in the transaction. The buyer was Corsair Property Co. Built in 1976, Paris Towne Center was 96 percent occupied at the time of sale. Tenants include Aldi, Hobby Lobby, Ross Dress for Less, T.J. Maxx, Five Below, Ulta Beauty and Bath & Body Works.

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Whole-Foods-Nashua
Grocery-anchoredInvestment salesNew HampshireNews

Atlantic Capital Partners Sells Single-Tenant Retail Property in Southern New Hampshire for $22.5 Million

by Abby Cox

Nashua, N.H. — Atlantic Capital Partners has sold a single-tenant retail property located in Nashua, approximately 45 miles north of Boston, for $22.5 million. Whole Foods Market occupies the 44,538-square-foot building, which is situated within Webster Square, a 182,348-square-foot shopping center. Justin Smith, Chris Peterson, Danielle Turpin and Matt Ericson of Atlantic Capital Partners represented the seller in the transaction.

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Sprouts-Venice-Fla
FloridaGrocery-anchoredInvestment salesNews

SRS Real Estate Arranges $14.8 Million Sale of Single-Tenant Retail Property Near Sarasota, Florida

by Abby Cox

Venice, Fla. — SRS Real Estate Partners has arranged the $14.8 million sale of a single-tenant retail property located in Venice, approximately 18 miles south of Sarasota. Sprouts Farmers Market occupies the 23,250-square-foot building, which was built in 2025, on a corporate-guaranteed lease with 19 years remaining. Patrick Nutt and William Wamble of SRS represented the seller, a national real estate developer, in the transaction. The buyer was a Detroit-based private investor.

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FloridaGeorgiaGrocery-anchoredInvestment salesNews

KRG Acquires Two Shopping Centers for $136 Million, Sells Six-Property Retail Portfolio for $255 Million

by Abby Cox

Sandy Springs, Ga. and Naples, Fla. — Indianapolis-based Kite Realty Group (KRG) has acquired two shopping centers in Florida and Georgia for $136 million. The first property is Chastain Market, a 121,000-square-foot, Trader Joe’s-anchored neighborhood center in Sandy Springs, that sold for $71 million. The second property is The Pointe at Founders Square, an 86,592-square-foot retail center located within the Founders Square mixed-use development in Naples. The unanchored center sold for $65 million. In addition to the acquisitions, KRG has also sold a six-property retail portfolio across four states for $255 …

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Shops-at-Highland-Walk-Highlands-Ranch
ColoradoGrocery-anchoredInvestment salesNews

Shea Properties Completes $37.1 Million Sale of Shops at Highland Walk Near Denver

by Abby Cox

Highlands Ranch, Colo. — Shea Properties has completed the $37.1 million sale of the Shops at Highland Walk, a 94,795-square-foot retail center in Highlands Ranch, located 13 miles south of Denver. Regency Centers acquired the property. Located at 4000 Red Cedar Drive, Shops at Highland Walk consists of two multi-tenant inline buildings flanking grocery anchor tenant King Soopers and four additional outparcel buildings on the perimeter. At the time of sale, the property was 98 percent leased to 17 tenants. Jon Hendrickson and Aaron Johnson of Cushman & Wakefield represented the …

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foothill-village
DevelopmentGrocery-anchoredNewsUtah

Asana Partners Invests $25 Million for Redevelopment of Foothill Village in Salt Lake City

by Abby Cox

Salt Lake City — Asana Partners has invested $25 million to redevelop Foothill Village, a 260,000-square-foot center located in the East Bench neighborhood of Salt Lake City. The grocery-anchored center — which is anchored by Dan’s Fresh Market — features a new central plaza, open-air breezeways, six new tenants and two levels of retail shops. New tenants that will be joining the property later this year will include Magnolia Bakery (1,500 square feet), Zao Asian Café and MD Hyperbaric. JD Flannel Donuts, Mo’ Bettahs and [solidcore] have already opened at the center. …

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Tri-City-Plaza_ShopRite
ConnecticutGrocery-anchoredInvestment salesNews

CBRE Arranges $62.5 Million Sale of ShopRite-Anchored Center in Suburban Hartford, Connecticut

by Abby Cox

Vernon, Conn. — CBRE has arranged the $62.5 million sale of Tri City Plaza, a 295,817-square-foot shopping center located in Vernon, a northeastern suburb of Hartford. ShopRite anchors the center, which was 96 percent leased at the time of sale. Other tenants include T.J. Maxx, HomeGoods, HomeSense and Hartford Healthcare. Jeffrey Dunne, David Gavin and Travis Langer of CBRE represented the sellers, DLC and Acadia Realty Trust, and procured the buyer, East Coast Acquisitions, in the transaction.

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Oracle-Crossing
ArizonaGrocery-anchoredInvestment salesNews

JLL Negotiates $53.8 Million Sale of Grocery-Anchored Retail Center in Suburban Tucson, Arizona

by Abby Cox

Oro Valley, Ariz. — JLL Capital Markets has negotiated the $53.8 million sale of Oracle Crossing, a 265,530-square-foot retail center located in Oro Valley, approximately six miles northwest of Tucson. Patrick Dempsey and Ross Jorgensen of JLL represented the sellers, entities doing business as Oracle Crossings LLC and Oracle and Magee LLC. The buyers were two entities doing business as Oracle Station LLC and Oracle Station I LLC. Built in 2006, Oracle Station spans 30 acres and is anchored by Sprouts Farmers Market. Other tenants at the center, which was 96 …

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DevelopmentFloridaGrocery-anchoredInvestment salesNews

BCIP Acquires 32.6 Acres on Florida’s Space Coast for Grocery-Anchored Mixed-Use Development 

by Abby Cox

West Melbourne, Fla. — Barron Collier Investment Partners (BCIP) has acquired 32.6 acres from MultiVerse Global, the developers of the 225-acre Space Coast Town Center in West Melbourne, a city on Florida’s Space Coast. BCIP will develop The Landing at Space Coast, a planned mixed-use project that will serve as the cornerstone of the larger master-planned community. Phase I of the development will include approximately 77,750 square feet of retail space anchored by a grocery store, along with restaurant and service-oriented tenants and 300 residential apartments. Phase II will comprise 70,000 …

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