Investment sales

miracle-mile
Investment salesNewsPennsylvania

Frontier Realty Group Acquires 302,000-Square-Foot Shopping Center in Metro Pittsburgh for $75 Million

by Abby Cox

Monroeville, Pa. — Frontier Realty Group, a newly launched joint venture between Wharton Realty Group and KSR Capital, has acquired Miracle Mile Shopping Center, a 302,000-square-foot retail property located in Monroeville, roughly 20 miles east of Pittsburgh. Spanning 27.5 acres, Miracle Mile was fully leased at the time of sale to a mix of tenants including Marshalls, Ulta Beauty, Old Navy, Chick-fil-A, Panera Bread and DSW. Daniel Massry, Marc Sitt, Robbie Millman, Isaac Massry, Morris Sabbagh and Abraham Kassin of Frontier Realty Group internally represented themselves. Colin Behr, Christopher Munley, Ryan …

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Uptown McComb Shopping Center
Investment salesMississippiNews

Franklin Street Brokers $14.8 Million Sale of 342,000-Square-Foot Shopping Center in McComb, Mississippi

by Abby Cox

McComb, Miss. — Franklin Street has brokered the $14.8 million sale of Uptown McComb Shopping Center, a 342,000-square-foot retail property located in McComb. Built in 1987 and renovated in 2023 and 2024, Uptown McComb was 96 percent leased at the time of sale to tenants including Hobby Lobby, Aldi, Bealls, Planet Fitness, Five Below and Ross Dress for Less. Bryan Belk and John Tennant of Franklin Street represented the seller, Rockstep Capital, in the transaction. Coastal Equities was the buyer.

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Lumberjack-Square
CaliforniaInvestment salesNews

SRS Real Estate Arranges $11.7 Million Sale of Lumberjack Square in Bakersfield, California

by Abby Cox

Bakersfield, Calif. — SRS Real Estate Partners has arranged the $11.7 million sale of Lumberjack Square, an 85,031-square-foot shopping center located in Bakersfield. Body Xchange, a fitness and health club, anchors the property, which features a mix of additional tenants including DaVita and The Firehouse. Matthew Mousavi and Patrick Luther of SRS represented the seller, a California-based partnership. The buyer, also a California-based partnership, acquired the property with new financing.

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Bloomingdale-Plaza
Grocery-anchoredIllinoisInvestment salesNews

Marcus & Millichap Arranges $11.5 Million Sale of Grocery-Anchored Retail Strip Center in Metro Chicago

by Abby Cox

Glendale Heights, Ill. — Marcus & Millichap has arranged the $11.5 million sale of Bloomingdale Plaza, a 46,353-square-foot retail strip center located in Glendale Heights, approximately 23 miles west of downtown Chicago. Aldi anchors the 15-suite property, which was fully leased at the time of sale. Additional tenants include Boost Mobile and Glendale Medical, both of which have occupied the center for more than 17 years. The property also features a two-tenant outparcel anchored by Starbucks. Austin Weisenbeck and Sean Sharko of Marcus & Millichap marketed the property on behalf …

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eric-lane-shopping-center
Investment salesNewsNorth Carolina

10 Federal Acquires 219,850-Square-Foot Shopping Center in Burlington, North Carolina

by Abby Cox

Burlington, N.C. — 10 Federal, a data-driven commercial real estate firm and private equity investment manager, has acquired Eric Lane Shopping Center, a 219,850-square-foot retail property located in Burlington, roughly 22 miles east of Greensboro. This acquisition marks the company’s entry into the retail sector. Situated on 25 acres, Eric Lane Shopping Center features a mix of tenants including Northern Tool + Equipment, Carolina Bridal World, Grace Chapel and Colfax Furniture, among others.

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Sheetz
Investment salesNewsOhio

CBRE Brokers $3.4 Million Sale of Convenience Store in Metro Columbus, Ohio

by Abby Cox

Gahanna, Ohio — CBRE has brokered the $3.4 million sale of a newly constructed, freestanding convenience store located in Gahanna, a northwest suburb of Columbus. Sheetz occupies the building on a 15-year triple-net ground lease. Karly Iacono of CBRE represented the all-cash buyer in the transaction. Stephanie Beaumier of Casto represented the seller, an entity doing business as CP Crescent, LLC.

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dollar-store-cincinnati
Investment salesNewsOhio

Cooper Group Arranges Sale of 27,299-Square-Foot Retail Property in Cincinnati 

by Abby Cox

Cincinnati — The Cooper Commercial Investment Group has arranged the sale of Spring Hill Center, a 27,299-square-foot multi-tenant retail property located in Cincinnati. Dan Cooper of Cooper Commercial represented the seller, an Ohio-based investment group, in the transaction. The buyer was a New York-based investor. The deal closed at an 8 percent cap rate. Spring Hill Center is anchored by Dollar General. 

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oak-hill-plaza
Investment salesNewsTexas

Partners Capital Sells 115,512-Square-Foot Retail Property in Austin, Texas

by Abby Cox

Austin, Texas — Partners Capital has sold Oak Hill Plaza, a 115,512-square-foot retail property located in Austin. Kyle Minter, James Sharpe V and Cole Frantz of Newmark brokered the disposition. The transaction marks the third property sale completed by Partners Capital’s Opportunity Fund IV investment vehicle, following the sales of Murphy Southwest Business Center in December 2025 and 10849 and 10899 Kinghurst Drive in July 2024. Partners Capital originally acquired Oak Hill Plaza in August 2021. The center was 92.5 percent leased at the time of sale by tenants including The …

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Applebees
ArizonaInvestment salesNews

Marcus & Millichap Arranges $3.5 Million Sale of Single-Tenant Restaurant Property in Metro Phoenix

by Abby Cox

Surprise, Ariz. — Marcus & Millichap has arranged the $3.5 million sale of a single-tenant restaurant property in Surprise, roughly 30 miles northwest of Phoenix. Applebee’s occupies the 5,103-square-foot property. Chris Lind, Mark Ruble and Zack House of Marcus & Millichap represented the seller, a Delaware-based limited liability company, and procured the buyer, a California-based limited liability company, in the all-cash transaction. The buyer plans to hold the property as a long-term investment.

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Midtown-Village
AlabamaInvestment salesNews

JLL Income Property Trust Acquires Shopping Center in Tuscaloosa, Alabama for $94 Million

by Abby Cox

Tuscaloosa, Ala. — Chicago-based JLL Income Property Trust has acquired Midtown Village, a 345,000-square-foot shopping center located near the University of Alabama campus in Tuscaloosa, for $94 million. The seller requested anonymity. Built in 2007, Midtown Village consists of eight single-story buildings across a 30-acre site. The open-air center features a mix of retailers such as Barnes & Noble, Ulta Beauty, Old Navy, Best Buy, lululemon, American Eagle & Aerie, Fab’rik, Kay Jewelers, South Boutique, Loft, Tuscaloosa Nail & Spa and GameStop. Restaurants include Panera Bread, Blaze Pizza, Metro Diner and …

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