Investment sales

Quarry-Square
Investment salesMassachusettsNews

Atlantic Capital Partners Negotiates $10 Million Sale of Quarry Square in Metro Boston

by Abby Cox

Milford, Mass. — Atlantic Capital Partners has negotiated the $10 million sale of Quarry Square, a 56,004-square-foot neighborhood center located in Milford, roughly 30 miles southwest of Boston. The property was fully leased at the time of sale to 17 tenants including The Gym @ Milford, TD Bank, The UPS Store, Sports Clips and Miracle-Ear. Justin Smith, Chris Peterson, Danielle Turpin and Matt Ericson of Atlantic Capital Partners represented the seller, RJ Kelly Co., in the transaction. NAI Glickman Kovago & Jacobs represented the buyer, KBG Realty Properties LLC.

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university-shopping-center
CaliforniaGrocery-anchoredInvestment salesNews

Sigmund Cos., Shoreline Street Partners Acquire Grocery-Anchored Center in Metro Los Angeles for $17.6 Million

by Abby Cox

Thousand Oaks, Calif. — The Sigmund Cos. (TSC), in partnership with Shoreline Street Partners, has acquired University Shopping Center, a 37,992-square-foot retail property located in Thousand Oaks, roughly 38 miles west of Los Angeles, for $17.6 million. Trader Joe’s anchors the property, which features a mix of additional tenants such as Fresh Donuts, 3Tails Dog Salon, PJ’s Pub, Allegro Pizza, Imperial Garden Chinese Restaurant and Launderland, among others. University Shopping Center was 83 percent leased at the time of sale. The property was acquired in two separate transactions. The first …

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Knightdale-Marketplace
Investment salesNewsNorth Carolina

Invesco Real Estate Acquires Shopping Center in Metro Raleigh, North Carolina, for $86.7 Million

by Abby Cox

Knightdale, N.C. — Invesco Real Estate has acquired Knightdale Marketplace, a 323,000-square-foot super-regional shopping center located in Knightdale, roughly 10 miles east of downtown Raleigh. Tom Kolarczyk, Andrew Kahn, Ella Glover and Katie Sanger of JLL represented the seller, a joint venture between affiliates of Bailard Inc. and M&J Willow Ltd. Delivered in 2007 and 2008 on nearly 44 acres, Knightdale Marketplace was fully leased at the time of sale. Tenants include Academy Sports + Outdoors, Best Buy, T.J. Maxx, Burlington, Ross Dress for Less, HomeGoods, Michaels, PetSmart, Barnes & …

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Walgreens
CaliforniaInvestment salesNews

Hanley Investment Group Negotiates $15 Million Sale of Walgreens-Anchored Center in Metro Los Angeles

by Abby Cox

Lynwood, Calif. — Hanley Investment Group Real Estate Advisors has negotiated the $15 million sale of Atlantic Crossing, a 39,146-square-foot retail center located in Lynwood, roughly 12 miles south of downtown Los Angeles. Built in 2003, Atlantic Crossing was fully leased at the time of sale to tenants including Walgreens, Starbucks, Panda Express, Subway, PNC Bank, AltaMed Health Services, Diamond Dental, Fiesta Auto Insurance, Tutti Frutti and La Carniceria Meat Market. Ayda Kach of Hanley represented the all-cash buyer, a privately held retail real estate investment firm and developer based …

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Garrity Square
IllinoisInvestment salesNews

Marcus & Millichap Brokers $7.7 Million Sale of Retail Property in Metro Chicago

by Abby Cox

Highland Park, Ill. — Marcus & Millichap has brokered the $7.7 million sale of Garrity Square, a 20,000-square-foot retail property located in Highland Park, approximately 25 miles north of downtown Chicago. The 13-suite center is anchored by a freestanding Starbucks that has operated at the property since 2002, alongside long-tenured food, medical and daily-needs tenants. Adrian Mendoza, Sean Sharko and Austin Weisenbeck of Marcus & Millichap represented the seller and procured the buyer, a private investor, in the transaction.

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Promenade-Shopping-Plaza
FloridaGrocery-anchoredInvestment salesNews

Mount Vernon Co. Acquires 207,877-Square-Foot Publix-Anchored Center in Palm Beach Gardens, Florida, for $67 Million

by Abby Cox

Palm Beach Gardens, Fla. — Boston-based Mount Vernon Co. has acquired Promenade Shopping Plaza, a 207,877-square-foot Publix-anchored center located in Palm Beach Gardens, a city in South Florida’s Palm Beach County. The South Florida Business Journal reports the sales price as $67 million. Built in 1989, Promenade Shopping Plaza is situated on nearly 23 acres and was 98 percent occupied at the time of sale. The property features a completely rebuilt 54,964-square-foot Publix prototype store that reopened in May 2025 after the former 42,450-square-foot store was demolished. Additional tenants at the …

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JO-Borgen-Plaza
Investment salesNewsWashington

Northmarq Brokers $8.2 Million Sale of Multi-Tenant Retail Center in Metro Seattle

by Abby Cox

North Bend, Wash. — Northmarq has arranged the $8.2 million sale of J.O. Borgen Plaza, a 28,418-square-foot, multi-tenant retail center located in North Bend, approximately 30 miles southeast of Seattle. Sean Tufts, Kevin Adatto, Joe Dugoni and Jack Hallberg of Northmarq represented the seller and buyer in the deal. J.O. Borgen Plaza is occupied by a freestanding Wells Fargo branch, Jersey Mike’s Subs and The UPS Store. The center also features a 17,958-square-foot former Bartell Drugs building, which was vacant at the time of sale. The sale was aligned with a …

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Main-Ave-Shopping-Plaza
ConnecticutGrocery-anchoredInvestment salesNews

JLL Arranges Sale of 156,568-Square-Foot Grocery-Anchored Center in Coastal Connecticut

by Abby Cox

Norwalk, Conn. — JLL Capital Markets has arranged the sale of Main Avenue Shopping Center, a 156,568-square-foot retail property located in the southern coastal Connecticut city of Norwalk. J.B. Bruno, Kevin O’Hearn and Jose Cruz of JLL represented the seller, The Prusik Group LLC, in the transaction. Originally built in 1996 on roughly 16.3 acres, Main Avenue Shopping Center was fully leased at the time of sale. A 71,878-square-foot Stop & Shop anchors the property, which features additional tenants such as Total Wine & More, Hobby Lobby and Burger King.

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The Shoppes at Chino Hills
CaliforniaGrocery-anchoredInvestment salesNews

Stockdale Capital Partners, Hamilton Lane Acquire Southern California Shopping Center for $157 Million

by Abby Cox

Chino Hills, Calif. — Stockdale Capital Partners and funds managed by Hamilton Lane have acquired The Shoppes at Chino Hills, a 378,140-square-foot open-air regional lifestyle center located in the Inland Empire city of Chino Hills. Originally developed in 2008, The Shoppes at Chino Hills is anchored by Trader Joe’s and Barnes & Noble. Other retailers and restaurants at the property include Old Navy, Sephora, Victoria’s Secret, Bath & Body Works, P.F. Chang’s, California Pizza Kitchen and Chipotle Mexican Grill, among others. Stockdale plans to rename the property The Shops at Chino …

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TheFoodFactory-OviedoNpark
EntertainmentFloridaInvestment salesNews

CrossMarc Capital Purchases 14,000-Square-Foot Open-Air Retail Venue in Oviedo, Florida, for $8.3 Million

by Abby Cox

Oviedo, Fla. — CrossMarc Capital LP has acquired The Food Factory at Oviedo on the Park, a 14,000-square-foot, open-air dining and entertainment venue in the northeast Orlando suburb of Oviedo, for $8.3 million. The acquisition includes the Food Factory building, as well as an adjacent parcel where CrossMarc plans to develop a 3,894-square-foot, multi-tenant retail building. Construction is expected to begin in November. Approximately 1,200 square feet has already been preleased to Kilwins, an American confectionary franchise. Winter Park, Florida-based Michael Collard Properties sourced the off-market transaction.

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