Paris, Texas — Culpepper Realty Co. has sold Paris Towne Center, a 291,958-square-foot, grocery-anchored shopping center located in the Northeast Texas city of Paris. Adam Howells and Erin Myer of JLL Capital Markets represented the seller in the transaction. The buyer was Corsair Property Co. Built in 1976, Paris Towne Center was 96 percent occupied at the time of sale. Tenants include Aldi, Hobby Lobby, Ross Dress for Less, T.J. Maxx, Five Below, Ulta Beauty and Bath & Body Works.
Seminole, Fla. — SRS Real Estate Partners has negotiated the $4.3 million sale of a single-tenant retail property located in Seminole, approximately 23 miles west of Tampa. Circle K occupies the 5,200-square-foot building on a new 15-year, corporate-guaranteed, absolute triple-net lease. William Wamble and Patrick Nutt of SRS represented the seller, an Ohio-based national investor and developer. The buyer was a South Florida-based private investor.
Waukegan, Ill. — Marcus & Millichap has brokered the $2.8 million sale of Grand Plaza East, a 36,018-square-foot retail center located in Waukegan, roughly 37 miles south of downtown Chicago. Built in 1972 on nearly three acres, the five-suite retail property is anchored by Domino’s Pizza. Adrian Mendoza, Austin Weisenbeck and Sean Sharko of Marcus & Millichap marketed the property on behalf of the seller, an Illinois-based corporation, and procured the buyer, a private investor.
Wichita Falls, Texas — Marcus & Millichap has brokered the sale of Parker Square, a 94,532-square-foot shopping center located in Wichita Falls. Built in 1955, the multi-tenant property features 23 retail suites and was 97 percent leased at the time of sale. Crunch Fitness occupies nearly half of the center’s rentable area. Other tenants include Jason’s Deli, Massage Envy, Heff’s Burgers and Deatherage Certified Optics, according to LoopNet Inc. Chris Gainey and Philip Levy of Marcus & Millichap marketed the property on behalf of the seller, one of the largest privately …
Forest Park, Ill. — Greenstone Partners has negotiated the $8.4 million sale of Circle Plaza, an 18,486-square-foot, multi-tenant retail center located in Forest Park, roughly 10 miles west of Chicago. Brewster Hague and Connor Sheedy of Greenstone brokered the sale. Circle Plaza is fully occupied and is home to Dunkin’ Donuts, Pep Boys, Bloc Dispensary, HEAL Wellness and Sploot Veterinary Care. Originally developed in 1984, the property has mostly maintained 100 percent occupancy throughout its history.
Nashua, N.H. — Atlantic Capital Partners has sold a single-tenant retail property located in Nashua, approximately 45 miles north of Boston, for $22.5 million. Whole Foods Market occupies the 44,538-square-foot building, which is situated within Webster Square, a 182,348-square-foot shopping center. Justin Smith, Chris Peterson, Danielle Turpin and Matt Ericson of Atlantic Capital Partners represented the seller in the transaction.
Leesburg, Fla. — Marcus & Millichap has arranged the $11.5 million sale of Leesburg Marketplace, an 81,071-square-foot retail center located in Leesburg, about 45 miles northwest of Orlando. Salim Valiani of Marcus & Millichap marketed the property on behalf of the seller and procured the buyer in the transaction. Located at 1101-1107 West North Blvd., Leesburg Marketplace sits on roughly 9.4 acres and was built in 1987. The property was 95 percent leased at the time of sale to Dollar Tree, Ollie’s Bargain Outlet and the U.S. Army Corps. of Engineers, …
Greensboro, N.C. — Legacy Realty Group has negotiated the sale of Stonesthrow Crossing, a 92,110-square-foot retail center located at the intersection of Farmington Drive and W. Gate City Boulevard in Greensboro. Roses Department Store anchors the property, which features additional tenants such as Harbor Freight Tools. The center will be shadow anchored by a new Rural King location, which is scheduled to open in 2027. Jacob Baruch and Ari Warshaw of Legacy Realty Group Advisors represented both the buyer, Charlotte, North Carolina-based Hilltide Capital, and the seller, locally based Koury Corp., …
Mount Pleasant, S.C. — Baltimore-based Continental Realty Corp. (CRC) has sold two adjacent shopping centers located at 1903 and 1909 Highway 17 N. in Mount Pleasant. The properties, which include Sweetgrass Corner (88,316 square feet) and The Shops at Towne Centre Way (7,054 square feet), span a combined 95,370 square feet and were fully leased at the time of sale to tenants including Trader Joes, HomeSense and Golf Galaxy. CRC acquired Sweetgrass Corners in 2022 for $17 million and The Shops at Towne Centre Way for $3.9 million as part …
Wheaton, Ill. — Marcus & Millichap has brokered the $4.4 million sale of a two-tenant retail property located in Wheaton, approximately 25 miles west of downtown Chicago. Chipotle Mexican Grill and Scout Veterinarian Urgent Care occupy the 5,849-square-foot center, which was built in 2023. Austin Weisenbeck and Sean Sharko of Marcus & Millichap marketed the property on behalf of the seller, a local developer and repeat client of the Sharko | Weisenbeck | Mendoza Group. Darpan Patel and Dan Yozwiak, also of Marcus & Millichap, procured the buyer, an Ohio-based private investor.
