Investment sales

Strong Station
AlabamaGrocery-anchoredInvestment salesNews

Northmarq Arranges $20 Million in Refinancing for Two Grocery-Anchored Retail Centers in Alabama

by Abby Cox

Madison and Hoover, Ala. — Northmarq has arranged a $20.1 million loan to refinance two retail centers in Alabama totaling 133,939 square feet: Strong Station in Madison and The Crossings at Hoover in Hoover. Randy Wolfe and Josh Darby of Northmarq arranged the floating-rate loan through a regional bank on behalf of the borrower, Livingston Properties. The first property, Strong Station, totals 95,940 square feet and is anchored by Sprouts Farmers Market. Other tenants at the center include Hobby Lobby and Another Broken Egg Café. Built in 2015, The Crossings at Hoover was …

Continue Reading
0 FacebookTwitterLinkedinEmail
Brewer Crossing
Investment salesNewsNorth Carolina

JLL Negotiates $9.6 Million Sale of Neighborhood Center in Winston-Salem, North Carolina

by Abby Cox

Winston-Salem, N.C. — JLL Capital Markets has negotiated the $9.6 million sale of Brewer Crossing, a 119,180-square-foot neighborhood center located in Winston-Salem. Tom Kolarczyk, Andrew Kahn and Ella Glover of JLL represented the seller, a partnership between the Rosen and Leverton families, in the transaction. Granite Canyon Partners was the buyer. Originally built in 1978 on a 15.34-acre site, Brewer Crossing was 98 percent leased at the time of sale. The property features a mix of tenants across the apparel, fitness, health, beauty and specialty retail sectors including Gabriel Brothers, Planet …

Continue Reading
0 FacebookTwitterLinkedinEmail
Walnut-Square
GeorgiaGrocery-anchoredInvestment salesNews

Atlantic Capital Partners Negotiates $18.2 Million Sale of Grocery-Anchored Center in North Georgia

by Abby Cox

Dalton, Ga. — Atlantic Capital Partners has negotiated the $18.2 million sale of Walnut Square, a 127,391-square-foot shopping center located in Dalton, a city in north Georgia near the Tennessee border. Food City anchors the property, which was 99 percent leased at the time of sale. Additional tenants include Ross Dress for Less, Ulta Beauty, PetSmart, Bath & Body Works, AT&T, Kay Jewelers and Crumbl Cookies. Fred Victor, Sam Koonce, Teddy Driscoll and Matt Austin of Atlantic Capital represented the seller, an affiliate of Net Lease Alliance, in the transaction. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
The-Hills-Village-Center
Grocery-anchoredInvestment salesNew JerseyNews

Asana Partners Acquires 110,000-Square-Foot Grocery-Anchored Center in Bedminster, New Jersey

by Abby Cox

Bedminster, N.J. — Asana Partners has acquired The Hills Village Center, a 110,000-square-foot grocery-anchored center located in Bedminster, roughly 40 miles west of Manhattan. Jose Cruz, Kevin O’Hearn, J.B. Bruno and Cole Doyon of JLL represented the seller, Lena Centers, a Longpoint Partners subsidiary, in the transaction. The fully leased property features a mix of tenants including Kings Food Markets, CVS Pharmacy, Starbucks Coffee, PNC Bank and Peapack Gladstone Bank, as well as various dining establishments and service-oriented retailers.

Continue Reading
0 FacebookTwitterLinkedinEmail
AlabamaInvestment salesNews

Marcus & Millichap Brokers $2.8 Million Sale of Single-Tenant Retail Property in Northern Alabama

by Abby Cox

Hartselle, Ala. — Marcus & Millichap has brokered the $2.8 million sale of a single-tenant, net-leased retail property located in Hartselle, a city in northern Alabama. Starbucks Coffee occupies the 2,297-square-foot building, which was built in 2025 on 1.1 acres. Madison Harman and Damien Yoder of Marcus & Millichap represented the buyer, Henderson Realty Investors, a Kentucky-based limited liability partnership. The seller was WEScorp LLC. Eddie Greenhalgh was Marcus & Millichap’s broker of record in Alabama.

Continue Reading
0 FacebookTwitterLinkedinEmail
1700-NW-Chipman-Rd-Lees-Summit-MO-8
Investment salesMissouriNewsPower centers

Ranier Cos. Sells Summit Woods Crossing in Metro Kansas City, Missouri, for $103 Million

by Abby Cox

Lee’s Summit, Mo. — The Ranier Cos. has sold Summit Woods Crossing, a 545,204-square-foot open-air power center located in Lee’s Summit, roughly 20 miles southeast of Kansas City. CTO Realty Growth purchased the property for $103 million, or $189 per square foot. Lowe’s Home Improvement and Kohl’s anchor the center, which was nearly fully leased at the time of sale. Additional tenants at the property include Best Buy, Michaels, Petco, T.J. Maxx, Total Wine, Ulta Beauty, Old Navy and an on-site SuperTarget not included in the transaction. The Ranier Cos. originally …

Continue Reading
0 FacebookTwitterLinkedinEmail
Keene Plaza
FloridaGrocery-anchoredInvestment salesNews

MCB Real Estate Acquires 81,272-Square-Foot Grocery-Anchored Center in Largo, Florida

by Abby Cox

Largo, Fla. — MCB Real Estate has acquired Keene Plaza, an 81,272-square-foot shopping center located at 2150 East Bay Drive in Largo, roughly 23 miles northeast of Tampa. Sprouts Farmers Market and BioLife Plasma Services anchor the retail property, which features a mix of additional tenants such as McDonald’s, Little Caesars, Dollar General, Hibachi Express, The Corner Skillet and Corner Wash Laundry. Renovated in 2025, recent improvements at the center include fresh building façades, resurfaced parking facilities, enhanced lighting, modernized retail suite interiors, updated mechanical systems and new roof installations.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNewsPennsylvania

JLL Arranges $39 Million Sale of 56,252-Square-Foot Prickett Preserve Shopping Center in Metro Philadelphia

by Abby Cox

Yardley, Pa. — JLL Capital Markets has arranged the $39 million sale of Prickett Preserve, a 56,252-square-foot shopping center located in Yardley, roughly 30 miles northeast of Philadelphia. Prickett Preserve holds the highest price per square foot for any shopping center deal ever sold in the Philadelphia MSA, according to JLL. Completed between 2023 and 2024, the property serves as the retail centerpiece of the broader Prickett Preserve mixed-use development. The center was 99 percent leased at the time of sale to tenants including CVS Pharmacy, Chase Bank, Chipotle Mexican Grill, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNewsSouth Carolina

CSNREIT Acquires 162,326-Square-Foot Manchester Village Near Charlotte, North Carolina 

by Abby Cox

Rock Hill, S.C. — Cohen & Steers Income Opportunities REIT (CSNREIT) has acquired Manchester Village, a 162,326-square-foot power center located in Rock Hill, roughly 25 miles south of downtown Charlotte, North Carolina. CNSREIT purchased Manchester Village through a programmatic joint venture with the Sterling Organization. The retail property, which was 99 percent leased at the time of sale, features a mix of tenants including HomeGoods, Ross Dress for Less, T.J. Maxx, Michaels, Books-A-Million, Ulta Beauty and Five Below, among others.

Continue Reading
0 FacebookTwitterLinkedinEmail
Springfield Crossing
Grocery-anchoredInvestment salesMassachusettsNews

Atlantic Capital Partners Arranges $35.3 Million Sale of Two Anchor Boxes in Springfield, Massachusetts

by Abby Cox

Springfield, Mass. — Atlantic Capital Partners has arranged the $35.3 million sale of two newly constructed anchor boxes located within Springfield Crossing in the Western Massachusetts city of Springfield. The two buildings, which are leased to BJ’s Wholesale Club and Hobby Lobby, total 159,344 square feet. Springfield Crossing, a 228,756-square-foot open-air center, features a mix of additional tenants including PetSmart, La-Z-Boy, Chick-fil-A, Chipotle Mexican Grill, Chase Bank, Carter’s and Skechers. Transformed from the former Eastfield Mall, Springfield Crossing is currently 99 percent occupied. Justin Smith, Chris Peterson, Danielle Turpin, Matt Ericson …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts