Grocery-anchored

Publix
DevelopmentGrocery-anchoredNewsNorth Carolina

Pappas Properties Breaks Ground on Publix-Anchored Retail Center in Metro Charlotte

by Abby Cox

Matthews, N.C. — Pappas Properties has broken ground on a Publix-anchored retail center at Cadia Village Matthews, an 84-acre mixed-use campus located roughly 11 miles southeast of Uptown Charlotte. The approximately 50,000-square-foot grocery store will feature a full-service pharmacy with a drive-thru and is expected to employ roughly 150 associates. The Publix store is set to open in fourth-quarter 2027. Other commercial tenants coming to the retail village at Cadia Village Matthews will include medical office users, a bank branch, fast-casual and sit-down restaurants and neighborhood retail and services. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
Doral-Atrium-Walmart_Miami
DevelopmentFloridaGrocery-anchoredNews

Walmart to Open 40,344-Square-Foot Grocery Store in Metro Miami

by Abby Cox

Doral, Fla. — Terra has signed Walmart to a 40,344-square-foot retail lease at Doral Atrium, a 78,000-square-foot lifestyle development in Doral, a western suburb of Miami. Construction on the space, which will be occupied by Walmart Neighborhood Market, is expected to begin this fall with completion anticipated for 2027. Other committed tenants at Doral Atrium include PNC Bank, Bonchon Chicken, Sushi Mas, Tremble Pilates and The Good Feet Store. Jonathan Carter and Pablo Camposano of Colliers are handling the leasing assignment at the retail center.

Continue Reading
0 FacebookTwitterLinkedinEmail
Lakeway Commons
Company newsGrocery-anchoredMassachusettsNewsTexas

Centennial Selected to Manage Two Grocery-Anchored Centers in Texas, Massachusetts

by Abby Cox

Austin, Texas and Shrewsbury, Mass. — Centennial has been selected to provide management services for two grocery-anchored centers: Casis Village in Austin, Texas, and Lakeway Commons in Shrewsbury, Massachusetts. Randalls anchors Casis Village, a 48,500-square-foot center located in the Tarrytown neighborhood of Austin. Other tenants at the property include Tarrytown Pharmacy, Starbucks Coffee and Estilo. Lakewood Commons is a 100,000-square-foot retail center that is anchored by a 50,000-square-foot Whole Foods Market. A mix of dining and service-oriented tenants, such as Starbucks Coffee, Tavern in the Square and Burtons Grill, are …

Continue Reading
0 FacebookTwitterLinkedinEmail
Marigold Shopping Center
CaliforniaGrocery-anchoredInvestment salesNews

Nuveen Real Estate Acquires Marigold Center in San Luis Obispo, California, for $58.3 Million

by Abby Cox

San Luis Obispo, Calif. — Nuveen Real Estate has acquired Marigold Center, a 174,428-square-foot shopping center located at 3900 Broad St. in San Luis Obispo, for $58.3 million. Gleb Lvovich, Geoff Tranchina, Daniel Tyner and Eric Kathrein of JLL represented the seller, First Washington Realty, in the transaction. Vons anchors Marigold Center, which was 91.5 percent leased at the time of sale. Additional tenants at the property include CVS Pharmacy and Planet Fitness, as well as a mix of sporting goods, restaurant, medical and service-oriented tenants. The center sits on …

Continue Reading
0 FacebookTwitterLinkedinEmail
Pavilions Marketplace
CaliforniaGrocery-anchoredInvestment salesNews

Sterling Organization Purchases Grocery-Anchored Center in West Hollywood, California

by Abby Cox

West Hollywood, Calif. — Sterling Organization has purchased Pavilions Marketplace, a 69,622-square-foot retail center located in West Hollywood. The acquisition was made on behalf of Sterling’s institutional value-add fund, Sterling Value Add Partners IV, marking the fund’s 11th investment. Pavilions, an upscale supermarket owned by Albertsons Cos., anchors the center, which was 89 percent leased at the time of sale. Other tenants at the property include Chase Bank, Insomnia Cookies and Nothing Bundt Cakes.

Continue Reading
0 FacebookTwitterLinkedinEmail
1045-1099-E-Main-St-El-Cajon-CA
CaliforniaGrocery-anchoredInvestment salesNews

DPI Retail Sells Main Street Marketplace in El Cajon, California, for $17.5 Million

by Abby Cox

El Cajon, Calif. — DPI Retail has sold Main Street Marketplace, a grocery-anchored shopping center in El Cajon, located in San Diego County, for $17.5 million. The buyer, an entity doing business as First Corner LLC, is the owner of Manolo Farmers Market, which has anchored the property since 1988. Enrique Wong of Marcus & Millichap, along with Tom Lagos, Patrick Toomey and Jose Carrazana of Institutional Property Advisors (IPA), a division of Marcus & Millichap, represented the seller in the deal. Built in 1979 at 1045-1099 E. Main St., Main …

Continue Reading
0 FacebookTwitterLinkedinEmail
Liberty-Corners
Grocery-anchoredInvestment salesMissouriNews

Newmark Brokers $20 Million Sale of Grocery-Anchored Retail Center in Metro Kansas City, Missouri

by Abby Cox

Liberty, Mo. — Newmark has brokered the $20 million sale of Liberty Corners, a 125,000-square-foot shopping center located in the Kansas City suburb of Liberty. The property is anchored by a 56,000-square-foot Price Choppers, which has been a tenant at the property since 1986. Price Chopper is extending its lease through 2037 and will be investing approximately $6.5 million to remodel its store. Additional tenants include Dollar Tree and Chipotle Mexican Grill. Conor Lalor, Keely Polczynski, Tim McKay, Brian Schneiderman and Tim McKay of Newmark represented the seller, Brixmor Property Group, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Coral-Hills
Grocery-anchoredInvestment salesMarylandNews

IPA Negotiates Sale of 85,514-Square-Foot Shopping Center Near Washington, D.C

by Abby Cox

Capitol Heights, Md. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Coral Hills, an 85,514-square-foot shopping center located in Capitol Heights, roughly 10 miles from downtown D.C. David Crotts and Dean Zang of IPA represented the seller, a national investment management company, and procured the undisclosed buyer. The sales price was not disclosed. Jared Cassidy of Marcus & Millichap Capital Corp. arranged the financing through an international bank on behalf of the buyer. International grocer New Grand Mart will replace the former …

Continue Reading
0 FacebookTwitterLinkedinEmail
Peninsula Marketplace
CaliforniaGrocery-anchoredInvestment salesNews

Westwood Financial Acquires 95,416-Square-Foot Grocery-Anchored Center in Huntington Beach, California

by Abby Cox

Huntington Beach, Calif. — Westwood Financial has acquired Peninsula Marketplace, a 95,416-square-foot shopping center located in Huntington Beach in Southern California. Ralphs anchors the property, which was 99 percent leased at the time of sale. Other tenants at the center include Planet Fitness, Carl’s Jr., Woof Gang Bakery & Grooming, Sourdough & Co., Rubio’s Baja Gril, Peninsula Orthodontics, Aim Mail Center and 602 Coffee & Acai.

Continue Reading
0 FacebookTwitterLinkedinEmail
Publix_Shoppes-Paradise-Pointe_Fort-Walton-Beach
FloridaGrocery-anchoredInvestment salesNews

TSCG Brokers $8.4 Million Sale of Publix-Anchored Center in Fort Walton Beach, Florida

by Abby Cox

Fort Walton Beach, Fla. — TSCG has brokered the $8.4 million sale of The Shoppes at Paradise Pointe, a Publix-anchored shopping center located at U.S. Highway 98 and Perry Avenue Southeast in Fort Walton Beach. The 73,416-square-foot property sits at the mainland approach to Brooks Bridge, which connects Fort Walton Beach to Okaloosa Island. Anthony Blanco of TSCG represented the seller, SITE Centers Corp., in the transaction. The buyer was an undisclosed private investor. Built in 1987, The Shoppes at Paradise Pointe was 82.5 percent leased at the time of sale …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts