Saturday, April 19, 2025
Read the Digital Magazines
Subscribe

Grocery-anchored

Vista-Commons_Las-Vegas
Company newsGrocery-anchoredNevadaNews

Vestar to Manage 100,000-Square-Foot Retail Center in Las Vegas

by Hayden Spiess

Las Vegas — Vestar has been selected to provide management services for Vista Commons, a 100,000-square-foot retail center located in the Summerlin neighborhood of Las Vegas. Albertsons anchors the property, which is fully occupied. Other tenants at the center include Wells Fargo, State Farm, Subway, Bank of America and Dunkin’ Donuts. Vestar will manage Vista Commons on behalf of an institutional client that recently acquired the property. Gleb Lvovich and Daniel Tyner of JLL Capital Markets brokered the acquisition. This marks the fifth Las Vegas property in Vestar’s management portfolio. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Eagle-Plaza_Voorhees-Township-N.J
Grocery-anchoredInvestment salesNew JerseyNews

KPR Centers Acquires 230,000 Square-Foot Eagle Plaza in Voorhees Township, New Jersey

by Hayden Spiess

Vorhees Township, N.J.  — KPR Centers has acquired Eagle Plaza, a 230,000-square-foot shopping center in Vorhees Township, for $41.7 million. The property was leased to approximately 40 retailers and restaurants, including anchor Acme Markets, at the time of sale. Other tenants at the center include Ross Dress for Less, Five Below, Chipotle Mexican Grill and Ace Pickleball Club. JP Colossi and Brad Nathanson of IPA brokered the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
ArizonaGrocery-anchoredInvestment salesNew JerseyNews

Longpoint Acquires Two Shopping Centers in Arizona, New Jersey for Roughly $62 Million 

by Hayden Spiess

Phoenix and Bedminster, N.J. — Longpoint Partners has acquired two grocery-anchored shopping centers — El Monte Shopping Plaza in Phoenix and The Hills Village Center in Bedminster, New Jersey — for $62 million. Longpoint will manage the properties under its recently debuted Lena Centers brand. El Rancho Market IGA anchors El Monte Shopping Plaza, which totals 101,000 square feet. The property was 99 percent occupied at the time of sale. The Hills Village Center comprises 101,000 square feet. Kings Food Market anchors the center, which was 89 percent occupied at the …

Continue Reading
0 FacebookTwitterLinkedinEmail
Ranch-Newport-Bay_Costa-Mesa-Calif
CaliforniaDevelopmentGrocery-anchoredNews

Space Investment Completes $11 Million Renovation of Retail Center in Southern California

by Hayden Spiess

Costa Mesa, Calif. — Space Investment Partners has completed the $11 million renovation of The Ranch at Newport Bay, a retail center located in Costa Mesa. Irvine Ranch Market anchors the property, which totals 60,000 square feet. The renovation project included the expansion of the anchor tenant’s space by 2,500 square feet. Verde recently signed a lease at the center, bringing the development to full occupancy. Other tenants at the property include Nike Training Studio, XPT Studio, Del Mar Wellness, Coffee Dose and Tiny Tooth Pediatric Dentistry. Space Investment Partners acquired …

Continue Reading
0 FacebookTwitterLinkedinEmail
Pender-Landing_Burgaw-N.C
Grocery-anchoredInvestment salesNewsNorth Carolina

Legacy Brokers $6 Million Sale of Shopping Center in North Carolina

by Hayden Spiess

Burgaw, N.C. — Legacy Realty Group Advisors has brokered the $6 million sale of Pender Landing, a 59,122-square-foot shopping center located in Burgaw. Food Lion anchors the property. Other tenants at the center include Subway, MeMa’s Chick’n & Ribs, Southern Real Estate Co., Silhouette Salon and a martial arts studio. Jacob Baruch of Legacy represented both the buyer and seller in the off-market transaction. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Hurricane-Creek_Chattanooga-Tenn
Grocery-anchoredInvestment salesNewsTennessee

Matthews Brokers Sale of 62,590-Square-Foot Shopping Center in Chattanooga

by Hayden Spiess

Chattanooga, Tenn. — Matthews Real Estate Investment Services has brokered the sale of Hurricane Creek, a 62,590-square-foot shopping center located in Chattanooga. Publix anchors the property, which was built in 2007. Southeast U.S. Retail Fund L.P. sold the center to an entity doing business as Hurricane Creek Center LLC for an undisclosed price. Kyle Stonis, Pierce Mayson and Boris Shilkrot of Matthews arranged the transaction. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Halycon_Forsyth
DevelopmentGeorgiaGrocery-anchoredNews

Trader Joe’s to Open 13,500-Square-Foot Grocery Store at Halcyon Mixed-Use Development in Metro Atlanta

by Katie Sloan

Alpharetta, Ga. — RocaPoint Partners has announced that Trader Joe’s will open a new 13,500-square-foot grocery store at Halcyon, a mixed-use development in the north Atlanta region of Forsyth County. Located in Alpharetta near the Big Creek Greenway trail, the grocery store will be situated next to the new Chick-fil-A as part of the third phase of Halcyon, which recently celebrated its fifth anniversary of operation. Other committed tenants of Halcyon’s Phase III include Chewy Vet Care, Chase Bank and Five Guys. Halcyon also includes The Village Green central gathering space for …

Continue Reading
0 FacebookTwitterLinkedinEmail
El-Monte-Shopping-Plaza_Phoenix
ArizonaGrocery-anchoredInvestment salesNews

Lena Centers Acquires 101,269-Square-Foot Shopping Center in Phoenix

by Hayden Spiess

Phoenix — Lena Centers, a division of Longpoint, has acquired El Monte Shopping Plaza, a 101,269-square-foot shopping center located in Phoenix. Built in 1962, the property was 99 percent leased to 15 tenants at the time of sale. El Rancho Market IGA anchors the center, and other tenants include dd’s DISCOUNTS, Shoe Palace, ArchWell Health, Cute Smiles, Cricket Wireless and Baskin Robbins. Mindy Korth and JK Jackson, El Warner and Caitlin Zirpolo of Colliers brokered the transaction. ASI Real Estate handles leasing at the property. 

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceGrocery-anchoredNew JerseyNews

G.S. Wilcox Arranges $12 Million Refinancing for Southern New Jersey Shopping Center

by Hayden Spiess

Mount Holly, N.J. —G.S. Wilcox & Co. has arranged a $12 million loan for the refinancing of Fair Ground Plaza, a 178,532-square-foot shopping center located in Mount Holly in southern New Jersey. The property was 90 percent leased at the time of the financing. Acme Markets anchors the center, and other tenants include Staples, Dollar Tree and Advance Auto Parts. David Fryer of G.S. Wilcox arranged the loan through an undisclosed life insurance company.

Continue Reading
0 FacebookTwitterLinkedinEmail
Shoppes-at-English-Village_North-Wales-Pa
Grocery-anchoredInvestment salesNewsPennsylvania

CBRE Arranges Sale of 103,325-Square-Foot Retail Center Near Philadelphia

by Hayden Spiess

North Wales, Pa. — CBRE has arranged the sale of The Shoppes at English Village, a 103,325-square-foot retail center located in North Wales, approximately 25 miles outside Philadelphia. Trader Joe’s anchors the property, which was 95 percent leased at the time of sale. Other tenants at the center include LensCrafters, Athleta, CycleBar, Hallmark, Chopt and Talbots. Nuveen Real Estate acquired the property from Met Life Investment Management for an undisclosed price. Chris Munley, Colin Behr, Ryan Sciullo, Casey Benson Smith, RJ Mirabile and Michael Pascavis of CBRE represented the seller in …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts