Grocery-anchored

Grocery-anchoredInvestment salesNewsOhioRetailers

First National Realty Partners Acquires Whole Foods-Anchored Center in Akron, Ohio

by Alex Tostado

Akron, Ohio — First National Realty Partners (FNRP) has acquired West Market Street Station in Akron. The Whole Foods Market-anchored shopping center is located at 1745 W. Market St. It spans 54,232 square feet and opened in September 2017. Other tenants at the fully leased center include lululemon, PetPeople, Orangetheory Fitness, Moe’s Southwest Grill, Great Clips and Salon Lofts. The seller, S.J. Collins Enterprises, sold the asset for an undisclosed price. This is the first Whole Foods within FNRP’s shopping center portfolio. Fain Hicks, Margaret Jones, Lane Breedlove, Evan Halkias …

Continue Reading
0 FacebookTwitterLinkedinEmail
Grocery-anchoredInvestment salesMassachusettsNewsRetailers

Regency Centers Sells Retail Building Leased to Whole Foods in Swampscott, Massachusetts, for $19.2 Million

by Alex Tostado

Swampscott, Mass. — Regency Centers, a Florida-based shopping center REIT, has sold a 35,907-square-foot retail building leased to Whole Foods Market in Swampscott, about 30 miles northeast of Boston. The sales price was $19.2 million. Whole Foods has occupied the building, which sits on roughly five acres, for more than 15 years. Chris Angelone, Nat Heald and Eric Suffoletto of JLL represented Regency Centers in the transaction and procured the buyer, locally based investment firm Academy Hill Realty.

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentGrocery-anchoredNewsRetailersTexas

H-E-B to Open 122,222-Square-Foot Grocery Store in New Braunfels, Texas

by Alex Tostado

New Braunfels, Texas — Locally based grocer H-E-B will open a new, 122,222-square-foot store at 651 S. Walnut Ave. in the San Antonio suburb of New Braunfels. An existing 99,000-square-foot H-E-B store opened in that market in 1994. The project, construction of which is slated to begin early next year, has a price tag of $17.5 million. The opening is slated for the fourth quarter of 2021.

Continue Reading
0 FacebookTwitterLinkedinEmail
FloridaGrocery-anchoredInvestment salesNewsRetailers

JLL Arranges $26.3 Million Sale of Publix-Anchored Shopping Center in Metro Orlando

by Alex Tostado

Kissimmee, Fla. — JLL has arranged the $26.3 million sale of Osceola Village, a 122,845-square-foot, Publix-anchored shopping center in Kissimmee. The center, which was delivered in 2008, was 82 percent leased at the time of sale to tenants including DaVita Kidney Care, Orlando Health and Visionworks. The asset is situated on 20 acres at 3040 Dyer Blvd., 22 miles south of downtown Orlando. Brad Peterson, Whitaker Leonhardt and Tommy Isola of JLL represented the seller, an affiliate of Glenborough LLC, in the transaction. New York City-based East Coast Acquisitions purchased …

Continue Reading
0 FacebookTwitterLinkedinEmail
Grocery-anchoredInvestment salesNewsNorth CarolinaRetailers

Cushman & Wakefield Negotiates $13.9 Million Sale of Publix-Anchored Shopping Center Near Charlotte

by Alex Tostado

Sherrills Ford, N.C. — Cushman & Wakefield has negotiated the $13.9 million sale of The Villages Shoppes at Sherrills Ford, a 60,298-square-foot, Publix-anchored shopping center in Sherrills Ford. The developer, Tampa, Fla.-based Wagner Property Group, sold the asset, which is located at the intersection of Slanting Bridge Road and Village Center North, 31 miles north of downtown Charlotte. Other tenants at the center include Hardee’s, Pizza Hut, Great Clips and Blue Sky Nails. Fain Hicks, Margaret Jones and Lane Breedlove of Cushman & Wakefield brokered the transaction. The buyer was …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentGrocery-anchoredNewsNorth CarolinaRetailers

Wegmans to Open Two New Grocery Stores in North Carolina Next Spring Totaling 203,000 Square Feet

by Alex Tostado

Wake Forest and Chapel Hill, N.C. — Wegmans will open two new grocery stores in 2021 in Wake Forest and Chapel Hill. The New York-based grocer plans to add 500 full-time jobs and nearly 900 total jobs at the two stores. The store in Wake Forest will span 104,000 square feet and will house 200 full-time employees. The property, located at 11051 Ligon Mill Road, is expected to open in May. The asset in Chapel Hill is expected to open in late February and will house 300 full-time jobs. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
Southeast retail
FinanceGrocery-anchoredIndustry ContentRestaurantsRetailersVideosWebinar

Webinar: Will Southeast Retail Investment Activity Bounce Back in 2021?

by Sarah Daniels

Shopping Center Business and Southeast Real Estate Business hosted “Southeast Retail Investment Outlook — Will Retail Investment Activity Bounce Back in 2021?” A panel of retail experts covered topics like the lending atmosphere, impacts of e-commerce and tenant types likely to expand or contract. Buyer pool shifts, seller considerations in regards to timing and the outlook for grocery-anchored spaces are all reviewed and considered. Plus, how might the presidential and congressional elections alter investment activity in 2021 for the Southeast’s top retail markets? Register and listen to learn from a panel of retail professionals …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentGrocery-anchoredNewsNorth Carolina

Wegmans to Open Two New Grocery Stores in North Carolina Next Spring Totaling 203,000 Square Feet

by Alex Tostado

Wake Forest and Chapel Hill, N.C. — Wegmans will open two new grocery stores in 2021 in Wake Forest and Chapel Hill. The New York-based grocer plans to add 500 full-time jobs and nearly 900 total jobs at the two stores. The store in Wake Forest will span 104,000 square feet and will house 200 full-time employees. The property, located at 11051 Ligon Mill Road, is expected to open in May. The asset in Chapel Hill is expected to open in late February and will house 300 full-time jobs. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
Grocery-anchoredInvestment salesMassachusettsNewsRetailers

Newmark Arranges $25 Million Sale of Grocery-Anchored Shopping Center in Metro Boston

by Alex Tostado

Mansfield, Mass. — Newmark has arranged the $25 million sale of a 74,383-square-foot shopping center located at 377 Chauncy St. in Mansfield, a southern suburb of Boston. Grocer Stop & Shop anchors the property, which is situated on nine acres along Route 140. Robert Griffin, Geoffrey Millerd, Paul Penman and Mat Adler of Newmark represented the undisclosed seller and procured the buyer, Bailard Real Estate Fund, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentFloridaGrocery-anchoredNewsRetailers

Halvorsen Holdings Breaks Ground on Publix-Anchored Shopping Center in Southwest Florida

by Alex Tostado

Naples, Fla. — Halvorsen Holdings has broken ground on Fiddler’s Creek Plaza, a 60,000-square-foot, Publix-anchored shopping center in Naples. The 48,000-square-foot Publix is one of the company’s newest prototype models, featuring a drive-thru pharmacy and an updated layout with a mezzanine level. There is 12,000 square feet of shop space available as well, including a 2,925-square-foot end-cap restaurant space with an outdoor patio. Three outparcels are available for sale or ground lease. The property is located at the intersection of U.S. Highway 41 and Sandpiper Drive, 12 miles southeast of …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts