Investment sales

The Village at Bridgewater Commons
Investment salesNew JerseyNews

Urban Edge Properties Acquires The Village at Bridgewater Commons in Central New Jersey for $54.3 Million

by Abby Cox

Bridgewater Township, N.J. — Urban Edge Properties has acquired The Village at Bridgewater Commons, a 92,461-square-foot open-air center located in Somerset County, for $54.3 million. Built in 2006 on 12.5 acres, The Village at Bridgewater Commons is anchored by Summit Health, a medical facility that opened in a newly redeveloped building on the property in 2024. Additional tenants include Starbucks Coffee, Shake Shack, Cava, Chipotle Mexican Grill and Big Chicken. The Village at Bridgewater Commons was 98 percent leased at the time of sale and sits adjacent to Bridgewater Commons, …

Continue Reading
0 FacebookTwitterLinkedinEmail
columbia-marketplace
Grocery-anchoredInvestment salesMississippiNews

Cleeman Realty Group Negotiates Sale of 136,000-Square-Foot, Grocery-Anchored Shopping Center in Southern Mississippi

by Abby Cox

Columbia, Miss. — Cleeman Realty Group has negotiated the sale of Columbia Marketplace, a 136,000-square-foot shopping center located in Marion County. Ramey’s Marketplace anchors the property, which was 72 percent occupied at the time of sale. Additional tenants include Advance America, Shoe Show, Fitness Depot, S+H Beauty, Boggie’s Restaurant and Liberty Tax. Jeremy Scheer of Cleeman Realty Group represented both the buyer and seller in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
The Pointe at Polaris
Investment salesMixed-useNewsOhio

Newmark Arranges Sale, Financing of Office, Retail Components at The Pointe at Polaris in Columbus, Ohio

by Abby Cox

Columbus, Ohio — Newmark has arranged the sale of the office and retail components of The Pointe at Polaris, a mixed-use property located in Columbus. The Pointe at Polaris comprises 212,366 square feet of office space and 33,071 square feet of retail space, along with a 473-unit luxury multifamily component that was not included in the transaction. The property’s office portion is fully leased to a mix of tenants such as Bank of America, Fiserv, Power Home Remodeling and Employers Health, while the retail portion is also fully leased to …

Continue Reading
0 FacebookTwitterLinkedinEmail
Chapel Hill Shops
Investment salesNew JerseyNews

Marcus & Millichap Arranges Sale of 8,000-Square-Foot Retail Property in New Jersey

by Abby Cox

Jackson Township, N.J. — Marcus & Millichap has arranged the sale of Chapel Hill Shops at Jackson, an 8,000-square-foot retail property located in Ocean County, roughly 50 miles east of Philadelphia. Chez Eider of Marcus & Millichap represented the seller, a national investor, and procured the buyer, a local private investor. Situated on roughly 1.5 acres at 305 Whitesville Road, the property is fully occupied by a mix of locally based, service-oriented tenants including Bruno’s Barber Shop and Emilio’s Pizza & Restaurant.

Continue Reading
0 FacebookTwitterLinkedinEmail
28-Newbury-St.-Boston
Investment salesMassachusettsNews

Newmark Arranges $113.5 Million Sale of Two Boston Retail Properties

by Abby Cox

Boston — Newmark has arranged the $113.5 million sale of two retail properties in Boston’s Back Bay neighborhood. The properties are located at 4-6 and 28 Newbury St. and house flagship stores of luxury retailers Chanel and Cartier. The Chanel store spans 10,328 square feet across two stories, and the Cartier store totals 18,942 square feet. Robert Griffin, Geoffrey Millerd and Paul Penman of Newmark represented the seller, New York City-based ASG Equities, in the transaction. The team also procured the buyer, a joint venture between Acadia Realty Trust and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Valley-Plaza-Pomona-CA
CaliforniaInvestment salesNews

Progressive Real Estate Partners Brokers $2.6 Million Sale of 11,720-Square-Foot Retail Center in Metro Los Angeles

by Abby Cox

Pomona, Calif. — Progressive Real Estate Partners has brokered the $2.6 million sale of Valley Plaza, an 11,720-square-foot, multi-tenant retail property located in Pomona, approximately 30 miles east of downtown Los Angeles. Built in 1993, Valley Plaza was fully leased at the time of sale to tenants such as Maria’s Taco/Panaderia Jaliscos, Pomona Water & Ice, Pearl Dental Care and Curry Time. Trinnie Lee of Progressive Real Estate Partners represented the seller, a private investor, while Mark Wilson of Channel Investment Group represented the buyer, also a private investor, in …

Continue Reading
0 FacebookTwitterLinkedinEmail
Ghirardelli-Square_San-Francisco_Evening
CaliforniaInvestment salesMixed-useNews

Jamestown Sells Historic Ghirardelli Square Shopping Center in San Francisco

by Abby Cox

San Francisco — Jamestown LP, a mixed-use developer and operator based in Atlanta, has sold Ghirardelli Square, a historic waterfront shopping center located at 900 N. Point St. in San Francisco’s Fisherman’s Wharf District. The property comprises 12 interconnected brick buildings fronting San Francisco Bay and includes the namesake 19-foot illuminated Ghirardelli sign and that has been part of the city’s skyline since 1915. Miami-based investment firm Embrace Real Estate and its affiliate asset management company 1823 Partners purchased Ghirardelli Square from Jamestown for an undisclosed price. The new ownership has …

Continue Reading
0 FacebookTwitterLinkedinEmail
Prairieview Center
Investment salesMinnesotaNews

Cushman & Wakefield Brokers $27.7 Million Sale of Grocery-Anchored Shopping Center in Suburban Minneapolis

by Abby Cox

Eden Prairie, Minn. — Cushman & Wakefield has brokered the $27.7 million sale of Prairieview Center, a 113,601-square-foot shopping center located in Eden Prairie, roughly 12 miles southwest of downtown Minneapolis. Lunds & Byerlys anchors the property, which was fully leased at the time of sale. Additional tenants include Starbucks Coffee, Culver’s and Chase Bank. Prairieview Center was originally built in 1986 and renovated in 2018. Evan Halkias, David Matheis and Zander Fried of Cushman & Wakefield represented the seller, United Properties, in the transaction. The buyer was Phillips Edison & …

Continue Reading
0 FacebookTwitterLinkedinEmail
Dollar_General_Portfolio_
Investment salesNewsTennessee

Matthews Facilitates Sale of 17-Property Dollar General Retail Portfolio in Eight States

by Abby Cox

Nashville, Tenn. — Matthews has facilitated the sale of a 17-property Dollar General retail portfolio. The portfolio spans eight states: Arkansas, Iowa, Kentucky, Louisiana, Michigan, New York, Pennsylvania and Tennessee. The portfolio closed at 98.8 percent of the listing price and features absolute triple-net lease structures with a 10.2-year weighted average lease term.

Continue Reading
0 FacebookTwitterLinkedinEmail
CaliforniaGrocery-anchoredInvestment salesNews

Mahoney & Associates Arranges $37.5 Million Sale of Carmel Rancho Shopping Center in California

by Abby Cox

Carmel-By-The-Sea, Calif. — Mahoney & Associates has arranged the $37.5 million sale of Carmel Rancho Shopping Center, a retail center located on the Central Coast of California in Carmel-by-the-Sea. Situated on a 295,335-square-foot land parcel, Carmel Rancho Shopping Center has 77,002 square feet of retail space. Tenants at the center include Lucky Supermarket and BevMo!. Ryan Edwards, Josh Jones and Patrick Stafford of Mahoney & Associates represented the buyer, Montage Health, and the undisclosed seller, in the deal.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts