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Grocery-anchored

Wegmans
DevelopmentGrocery-anchoredLeasingMixed-useNewsNorth Carolina

Wegmans to Open 110,000-Square-Foot Grocery Store at Ballantyne Campus in Charlotte, North Carolina

by Hayden Spiess

Charlotte, N.C. — Wegmans Food Markets Inc., a Rochester, New York-based grocer, plans to open a 110,000-square-foot store in Charlotte. Located along North Community House Road, the grocery store will be situated within Ballantyne, Northwood Investors’ 2,000-acre master-planned development on the south side of Charlotte adjacent to the South Carolina border. Wegmans aims to open the new store by the third quarter of 2026. The store will feature all traditional Wegmans departments, including produce, seafood, meat, bakery, deli, cheese and wine and beer. Additional offerings will include Meals2Go and catering, online …

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South-Lake-Marketplace_Bowie-Md
DevelopmentGrocery-anchoredMarylandMixed-useNews

NAI Michael Cos. to Develop 600,000-Square-Foot Mixed-Use Project in Bowie, Maryland

by Hayden Spiess

Bowie, Md. — NAI Michael Cos. will develop South Lake Marketplace, a 600,000-square-foot mixed-use project within the $1.3 billion South Lake development underway in Bowie. Karington LLC, an affiliate of NAI Michael Cos., owns South Lake, which also features residential units being developed by Chesapeake Realty Partners. A grocer will anchor the Marketplace property, which will also feature other retail, restaurant, sports entertainment and hospitality concepts. The development will be situated adjacent to Liberty Sports Park, which features 10 professional sports fields and attracts 344,000 tournament attendees annually, according to NAI …

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Marketplace-at-Six-Corners
Grocery-anchoredIllinoisInvestment salesNews

Mid-America Arranges Sale of 116,941-Square-Foot Retail Center in Chicago

by Hayden Spiess

Chicago — Mid-America Real Estate Corp. has arranged the sale of Marketplace at Six Corners, a 116,941-square-foot shopping center in Chicago. Newmark Merrill purchased the asset for an undisclosed price. Anchor tenants at the property include Jewel-Osco, Marshalls, PetSmart and Famous Footwear. Rick Drogosz of Mid-America represented the seller, IRC Retail Centers/DRA Advisors. Pine Tree managed the center on behalf of the seller at the time of sale. 

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DevelopmentFloridaGrocery-anchoredLeasingMixed-useNews

Publix Opens 48,000-Square-Foot Store in Sarasota, Florida

by Hayden Spiess

Sarasota, Fla. — Publix Super Markets has opened a 48,000-square-foot grocery store at Fruitville Farms, a mixed-use development currently underway in Sarasota. Benderson Development is the master developer of the public-private partnership, which will feature 150,000 square feet of retail and restaurants, in addition to 600 apartments and a new 120,000-square-foot Sarasota County Administration Center. Publix is the first tenant to open at the shopping center within Fruitville Farms.

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The-Crosslands_Kissimmee-Fla
FinanceFloridaGrocery-anchoredNews

JLL Arranges $47.1 Million Refinancing for 529,212-Square-Foot Retail Center in Metro Orlando

by Hayden Spiess

Kissimmee, Fla. — JLL Capital Markets has arranged a $47.1 million loan for the refinancing of The Crosslands, a 529,212-square-foot retail center in Kissimmee, roughly 20 miles outside Orlando. The borrower is a joint venture between Hampshire Cos., Federated Hermes and O’Connor Capital Partners. The Fresh Market, Burlington, Academy Sports, Hobby Lobby, Marshalls/HomeGoods and Ross Dress for Less anchor the property, which was developed between 2014 and 2016 and fully leased at the time of financing. Jon Mikula, Michael Klein, Brian Gaswirth, Michael Kavaler and Val McWilliams of JLL secured the …

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Fountain-Oaks_Sandy-Springs
GeorgiaGrocery-anchoredInvestment salesNews

Jamestown Acquires Two Shopping Centers in Metro Atlanta, South Florida

by Hayden Spiess

Sandy Springs, Ga. and Tamarac, Fla. — Jamestown has purchased two grocery-anchored shopping centers totaling roughly 284,000 square feet. The acquired properties include Fountain Oaks — a 160,000-square-foot, Kroger-anchored center in Sandy Springs, Georgia — and Tamarac Town Square, a 124,000-square-foot, Publix-anchored center located in Tamarac, Florida. The properties were 92 percent and 84 percent leased at the time of sale, respectively. Edens sold Fountain Oaks for an undisclosed price, and Regency Centers sold Tamarac Town Square for an undisclosed price. JLL represented both sellers in the transactions. Jamestown plans to …

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Independence-Square_Mount-Airy
Grocery-anchoredInvestment salesNewsNorth Carolina

Legacy Realty Brokers Sale of 63,507-Square-Foot Shopping Center in North Carolina

by Hayden Spiess

Mount Airy, N.C. — Legacy Realty Group Advisors has brokered the sale of Independence Square, a 63,507-square-foot shopping center located in Mount Airy. The property was 97 percent leased at the time of sale, to tenants including Ollie’s Bargain Outlet, Dollar General and USPS. Jacob Baruch of Legacy Realty Group represented the seller in the transaction, and Kevin Henry of Pine Forest Oak Island Realty represented the buyer. 

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Nob-Hill-Shopping-Center_Yakima-Wash
FinanceGrocery-anchoredNewsWashington

Gantry Secures $10 Million Refinancing for Retail Center in Yakima, Washington

by Hayden Spiess

Yakima, Wash. — Gantry has secured a $10 million permanent loan for the refinancing of Nob Hill Shopping Center, a retail center located in Yakima. Safeway anchors the property, which comprises 88,500 square feet. Tony Kaufmann and Erinn Cooke of Gantry arranged the 30-year, fixed-rate financing through a life insurance company on behalf of the borrower. 

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Esplanade-Shopping-Center_Oxnard-Calif
CaliforniaGrocery-anchoredInvestment salesNews

Primestor Acquires Retail Center in Oxnard, California for $90 Million

by Hayden Spiess

Oxnard, Calif. — Primestor Development has acquired Esplanade Shopping Center, a 357,000-square-foot retail center located in Oxnard, for $90 million. The Home Depot, Nordstrom Rack, Staples, Dick’s Sporting Goods, T.J. Maxx and Walmart Neighborhood Market anchor the property, which was 94 percent occupied at the time of sale. Other tenants at the center include Cost Plus World Market, Tilly’s, Boot Barn, In-N-Out Burger and BJ’s Brewery and Restaurant. 

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1116-Ashmore-Bridge-Rd_Mauldin-S.C
DevelopmentGrocery-anchoredNewsSouth Carolina

Reedy River Retail Arranges Land Sale in Upstate South Carolina for Publix-Anchored Retail Center

by Katie Sloan

Mauldin, S.C. — Reedy River Retail at SVN Blackstream has arranged the acquisition of a 10.9-acre development site located at 1116 Ashmore Bridge Road in Mauldin, roughly 10 miles south of Greenville, S.C. The buyer, Atlanta-based Venture South Investments, plans to develop a Publix-anchored shopping center at the site. Dustin Tenney and Daniel Holloway of Reedy River Retail represented the buyer in the $4.6 million transaction. Plans for the site include the development of a 63,000-square-foot retail center anchored by a 45,000-square-foot Publix grocery store, as well as two outparcels. …

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