Chicago — JLL Capital Markets and GA Group Real Estate have arranged the $74.7 million sale-leaseback of a 47-property Family Dollar retail portfolio across 19 states. This marks JLL’s second major Family Dollar portfolio closing in 2026, following a 46-property transaction earlier this year. Chicago-based JLL’s net lease team and GA Group Real Estate represented the seller, FD Retail Properties LLC, in the transaction. An institutional real estate investor was the buyer.
Victorville, Calif. — Hanley Investment Group Real Estate Advisors has negotiated the $9.3 million sale of a 44,388-square-foot retail property located in Victorville, approximately 35 miles north of San Bernardino. Sprouts Farmers Market anchors the property, which also includes a 21,000-square-foot junior box space available for lease. Built in 1989 and renovated in 2024, the property is situated within Village Center, a 350,000-square-foot community center. Village Center features a mix of tenants such as BioLife Plasma Services, Dollar Tree, Hobby Lobby, PetSmart, La-Z-Boy, Mattress Firm, Crunch Fitness and Get Air Trampoline …
Deer Park, Ill. — A joint venture between AEW Capital Management and Brand Street Properties has acquired Deer Park Town Center, a 410,000-square-foot open-air center located in Deer Park, approximately 35 miles northwest of downtown Chicago. The purchase price of $125 million marks the highest price paid for a Chicago-area retail property in a decade, according to Crain’s Chicago Business. Deer Park Town Center is home to more than 60 tenants, including Apple, Crate & Barrel, Williams Sonoma, Gap, lululemon, Anthropologie and Sephora. Restaurants include Biaggi’s Ristorante Italiano, Sweetgreen, Stoney …
Nashville, Tenn. — JLL Capital Markets has arranged the $54.3 million sale of a two-property retail portfolio located in Nashville. The properties, which span 134,113 square feet, include Breeze Block at 6100-6110 Robertson Ave. and Stateline at 5300 Centennial Blvd. Breeze Block totals 39,452 square feet and serves as a neighborhood-oriented destination featuring retail, restaurant, wellness and office space. Stateline comprises 94,661 square feet of mixed-use space and includes a blend of office, retail, health and wellness and service-oriented tenants. Both properties were developed within the past several years and offer …
Austin, Texas — Austin-based PlaceMKR has acquired a five-property, single-tenant retail portfolio spanning Texas, Ohio and Mississippi for $31.8 million. Big-box home furnishings retail chain At Home occupies the properties under long-term triple-net leases. Three of the properties are in Texas: 1600 West Kelly Ave. in Pharr, 642 South Walnut Ave. in New Braunfels and 2650 West Interstate 20 in Grand Prairie. The remaining properties are located at 15065 Creosote Road in Gulfport, Mississippi, and 2244 S. Reynolds Road in Toledo, Ohio.
Dickson City, Pa. — CBRE has negotiated the sale of Dickson City Commons, a 110,254-square-foot shopping center located in Dickson City, roughly four miles north of Scranton. Marshalls and Michaels anchor the property, which features a mix of additional tenants such as Skechers, Famous Footwear, Pet Supplies Plus and Fine Wine & Good Spirits. The property has undergone recent renovations totaling nearly $1 million, including a parking lot resurfacing project, façade upgrades, roof repairs, LED lighting enhancements and landscaping improvements. Chris Munley, Colin Behr, Ryan Sciullo and Casey Smith of CBRE …
Leesburg, Va. — Atlantic Capital Partners has brokered the $20.2 million sale of six retail properties located in Leesburg. The portfolio features two strip centers and four freestanding pads that were purchased in separate transactions. The properties are situated within Compass Creek, a 200-acre mixed-use development anchored by Walmart, At Home and The Rinks. Totaling 25,830 square feet, the four freestanding pads are leased to Valvoline, Popeyes, Chipotle Mexican Grill and Starbucks. The portfolio also features a 15,805-square-foot strip center spanning two buildings, occupied by AT&T, Heartland Dental, Buffalo Wing …
Key Biscayne, Fla. — Berkadia has arranged a $9.8 million loan to refinance a 61,504-square-foot, two-story retail center located on Key Biscayne, a barrier island situated south of Miami. Charles Foschini, Christopher Apone, Shannon Wilson and Lourdes Carranza-Alvarez of Berkadia secured the 10-year, fixed-rate loan through a correspondent life insurance company on behalf of the owner, which purchased the property in 1997. The financing features a 23 percent loan-to-value ratio. The retail property is situated on Crandon Boulevard, Key Biscayne’s primary commercial corridor and its only land connection to mainland Miami. …
Phoenix — Ziff Real Estate Partners (ZRP) has acquired Sheridan Square, a 10,546-square-foot retail center located in Phoenix’s historic Coronado District, for $3.4 million. Built in 1965 and modernized in 2021, Sheridan Square was 80 percent leased at the time of sale to local tenants including The Main Ingredient, Urban Cookies, The Velo Bike Shop and Tatemados Tacos al Carbon. The seller was an entity doing business as 7th & Sheridan LLC.
Blaine, Minn. and Liberty, Mo. — First Washington Realty (FWR) has acquired two grocery-anchored shopping centers in Minnesota and Missouri for a combined value in excess of $65 million. The acquisitions expand FWR’s portfolio to 21.9 million square feet across 21 states. The Village of Blaine is a 220,685-square-foot center in Blaine, Minnesota, and Liberty Corners is a 124,808-square-foot property anchored by a 56,000-square-foot Cosentino’s Price Chopper store in Liberty, Missouri. Additional tenants include Chipotle Mexican Grill and The Big Biscuit.
