Saturday, July 5, 2025
Read the Digital Magazines
Subscribe

Grocery-anchored

Old Grove Marketplace
CaliforniaCompany newsGrocery-anchoredNews

Vestar to Manage 600,000-Square-Foot Southern California Retail Portfolio

by Abby Cox

California — Vestar has been selected to provide management services for a 600,000-square-foot retail portfolio in Southern California. The portfolio comprises five grocery-anchored shopping centers including Campus Marketplace in San Marcos, The Pavilion at La Quinta in La Quinta, River Oaks Shopping Center in Santa Clarita, Bear Creek Village in Wildomar and Old Grove Marketplace in Oceanside. Vestar will manage the portfolio on behalf of Nuveen Real Estate, who recently acquired the properties. Vestar’s Southern California management portfolio now totals more than 8.5 million square feet.

Continue Reading
0 FacebookTwitterLinkedinEmail
Springfield Avenue Marketplace
Grocery-anchoredInvestment salesMixed-useNew JerseyNews

CBRE Facilitates $37.5 Million Sale of Springfield Avenue Marketplace in Newark, New Jersey

by Abby Cox

Newark, N.J. — CBRE has facilitated the $37.5 million sale of Springfield Avenue Marketplace, a 110,551-square-foot mixed-use center located in Newark. A 71,000-square-foot Shoprite anchors the property, which was 97 percent leased at the time of sale. Additional tenants include McDonald’s, Taco Bell, Popeyes and T-Mobile. Developed in 2016, the property also features a 152-unit residential component called 24 Jones. Jeffrey Dunne, David Gavin, Chris Munley, Colin Behr and Travis Langer of CBRE’s National Retail Partners represented the seller, Goldman Sachs Alternatives, in the transaction. The team also procured the buyer, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Lafayette Marketplace
Grocery-anchoredInvestment salesLouisianaNews

Marcus & Millichap Brokers $5.8 Million Sale of 87,122-Square-Foot Retail Center in Lafayette, Louisiana

by Abby Cox

Lafayette, La. — Marcus & Millichap has brokered the $5.8 million sale of Lafayette Marketplace, an 87,122-square-foot retail center located in Lafayette. Super 1 Foods anchors the property, which occupies roughly 60 percent of the center. Additional tenants include Dollar Tree, Family Dollar, Metro by T-Mobile and Ace Cash Express. Built in 1995 and renovated in 2024, Lafayette Marketplace spans 10 acres and is situated near the West Village master-planned development that is currently underway. Eric Abbott and Zach Taylor of Marcus & Millichap represented the seller in the transaction. …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceGrocery-anchoredNewsTexas

JLL Secures Financing for 44,494-Square-Foot Retail Center in Killeen, Texas

by Abby Cox

Killeen, Texas — JLL Capital Markets has secured financing for the acquisition of West Killeen Market, a 44,494-square-foot retail center located in Killeen. Built in 2017, the property is 74 percent leased and shadow-anchored by an H-E-B grocery store. Other tenants include Cohen Veterans Network, Jimmy’s Egg, MB2 Dental, Twin Liquor, Verizon Wireless, Cricket Wireless, Great Clips, The Joint, Venetian Nail Spa, Lone Star Pediatric Dental & Braces and Papa John’s Pizza. Clint Coe, Chad Lisbeth and Charlie Mossy of JLL’s Debt Advisory team represented the borrower, Brownlee Waggoner Holdings …

Continue Reading
0 FacebookTwitterLinkedinEmail
Palm Bay Center
FloridaGrocery-anchoredInvestment salesNews

Marcus & Millichap Brokers Sale of 135,049-Square-Foot Retail Center in Palm Bay, Florida

by Abby Cox

Palm Bay, Fla. — Marcus & Millichap has brokered the sale of Palm Bay Center, a 135,049-square-foot retail center located along Florida’s Space Coast in Palm Bay. Publix anchors the property, which has operated at this location for more than 40 years. The center was 35 percent leased to additional tenants including Broken Barrel, Family Dollar, Save A Lot and Citi Trends at the time of sale. Palm Bay Center is situated on roughly 12 acres. Tarek Chbeir of Marcus & Millichap, in collaboration with Adam Sklaver and Philip Kates …

Continue Reading
0 FacebookTwitterLinkedinEmail
FloridaGrocery-anchoredInvestment salesNews

Colliers Arranges $63.5 Million Sale of Posner Commons in Suburban Orlando

by Abby Cox

Davenport, Fla. — Colliers has arranged the $63.5 million sale of Posner Commons, a 731,000-square-foot regional shopping center located in Davenport, roughly 25 miles southwest of Orlando. Target and a newly constructed BJ’s Wholesale Club shadow anchor the property, which was 95.5 percent leased at the time of sale. Other tenants at the center include JCPenney, Dick’s Sporting Goods, Cinépolis, Best Buy, Ross Dress For Less, Ashley Furniture, Michaels, Staples, PetSmart, Books-A-Million and Dollar Tree. Situated seven miles from Walt Disney World, the property spans 91 acres. Brad Peterson, Whitaker …

Continue Reading
0 FacebookTwitterLinkedinEmail
Willow Creek Center
CaliforniaGrocery-anchoredInvestment salesNews

Monarch Commercial Advisors Brokers $27.8 Million Sale of Willow Creek Center in Northern California

by Abby Cox

Auburn, Calif. — Monarch Commercial Advisors has brokered the $27.8 million sale of Willow Creek Center, a 67,825-square-foot shopping center located in Auburn, roughly 33 miles outside Sacramento. A Smart & Final grocery store anchors the center, which was constructed between 2015 and 2017. Other tenants at the fully leased property include Starbucks Coffee, Chick-fil-A, Panda Express, PetSmart, Jersey Mike’s, AT&T and GameStop. Dave Lucas and Brandon Norton of Monarch Commercial represented the seller, Best Development Group, in the transaction. The buyer was a private investor. Dan Friedeberg of Slatt Capital …

Continue Reading
0 FacebookTwitterLinkedinEmail
Barclay Square Shopping Center
FloridaGrocery-anchoredInvestment salesNews

Atlantic Commercial Group Arranges $11.3 Million Sale of Barclay Square Shopping Center in Greenacres, Florida

by Abby Cox

Greenacres, Fla. — Atlantic Commercial Group has arranged the $11.3 million sale of Barclay Square Shopping Center, a 78,000-square-foot retail center located in Greenacres. Situated at the intersection of 10th Ave. N. and Jog Road, the property is anchored by Tapatia Supermarket. Additional tenants include State Farm, Bicycle World, CVS Pharmacy, PPG Paint and Keller Williams Realty. This transaction marks the first time Barclay Square Shopping Center has been sold in 25 years. Gary Broidis of Delray Beach-based Atlantic Commercial Group represented the seller in the transaction. West Palm Beach-based Strategic …

Continue Reading
0 FacebookTwitterLinkedinEmail
Grocery-anchoredInvestment salesNewsWashington

Safeway to Anchor Washington’s Black Diamond Town Center

by Abby Cox

Black Diamond, Wash. — Pepper Pike, Ohio-based Visconsi Cos. has negotiated a 58,000-square-foot lease with Safeway at Black Diamond Town Center, a mixed-use development located within the master-planned community of Ten Trails. Situated roughly 30 miles southeast of Seattle, the new Safeway will serve as the property’s anchor tenant and will also feature a full-service deli counter, bakery and pharmacy. Construction of the new grocery store is scheduled to begin later this summer, with a grand opening anticipated for the fourth quarter of 2026.

Continue Reading
1 FacebookTwitterLinkedinEmail
King_Soopers_Multi-Tenant
ColoradoDevelopmentGrocery-anchoredNews

Evergreen Devco Completes Construction of Multi-Tenant Retail Buildings at Silverstone Marketplace in Frederick, Colorado

by Abby Cox

Frederick, Colo. — Evergreen Devco has completed construction of site infrastructure and two multi-tenant retail buildings at Silverstone Marketplace, a 35-acre shopping center located in Frederick. A 123,000-square-foot King Soopers Marketplace, which features a French bakery, fuel station and drive-thru pharmacy, anchors the project. The small shop buildings, which comprise 20,000 square feet of retail space, are 93 percent leased to tenants including Wingstop, Club Pilates, Domino’s Pizza, Cold Stone Creamery, Great Clips, Blue Sky Nails & Lash, Five Guys, Pacific Dental and Chipotle. Chase Bank, Wendy’s and Valvoline will occupy pad …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts