Huntsville, Ala. — Big V Property Group has acquired Westside Centre, a 655,638-square-foot shopping center in Huntsville, Alabama, for $35.9 million. The property was 74 percent leased at the time of the sale to tenants including Big Lots, Stein Mart,
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Orlando, Fla. — A partnership between Highline Real Estate Capital and M Street Holdings has acquired Century Plaza, a 132,725-square-foot retail center in Orlando, Florida, for $12.3 million. The center was fully leased at the time of the sale to
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Oregon, Ohio — Reichle Klein Group has negotiated the $1.4 million sale of a Dollar General-occupied property in Oregon, Ohio, a suburb of Toledo. Completed in October 2018, the 9,100-square-foot building is located at 2450 Woodville Road. Christian Zaciewski of
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Gone is the so-called “retail apocalypse.” Over the past year, the asset class has made a significant comeback; CBRE states that number of total retail property sales increased by 6.1 percent year-over-year at the end of Q3 2018 — the
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Fort Worth, Texas — SHOP Cos. has arranged the sale of Woodmont Plaza North, a 42,004-square-foot retail center in Fort Worth, Texas. The property was approximately 95 percent leased at the time of sale to tenants such as Schlotzsky’s Deli,
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Valencia, Calif. — SRS Real Estate Partners has arranged the $8.5 million sale of Valencia Autoplex, a 20,459-square-foot, fully leased shopping center in Valencia, California. The property is situated at 23506 Valencia Blvd., 35 miles north of downtown Los Angeles.
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Scottsdale, Ariz. — ORION Investment Real Estate has arranged the sale of a newly developed retail center in north Scottsdale. A partnership between Jeff Kitchen and Tiny Cap LLC, Jim Mullin’s wholly owned investment firm, sold the asset for $6.1
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Pembroke Pines, Fla. — CBRE has negotiated the sale of Pembroke Place, a 158,463-square-foot shopping center in Pembroke Pines, Florida. Sedano’s grocery store, Crunch Fitness and Vargas University anchor the property, which is located 24 miles north of downtown Miami.
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Eden Prairie, Minn. — First Washington Realty has purchased Prairie Village shopping center in Eden Prairie for an undisclosed price. Specialty grocery store Kowalski’s anchors the 78,313-square-foot shopping center. Effective immediately, the asset will be rebranded as Eden Prairie Village
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Charlotte, N.C. — Ziff Properties has sold Terraces at University Place, a 65,112-square-foot shopping center in Charlotte, North Carolina’s University neighborhood, for $12.2 million. The center was built in 2000 and was 97 percent occupied at the time of the
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Aiken, S.C. — Marcus & Millichap has arranged the $7.1 million sale of Aiken Exchange, a 101,488-square-foot shopping center in Aiken that is shadow-anchored by Target. Built in 2002 and located 20 miles northeast of downtown Augusta, the property is anchored
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Kingston, Wash. — SRS Real Estate Partners has negotiated the sale of a single-tenant retail property, located at 27000 Miller Bay Road NE in Kingston. A U.S.-based investment fund sold the asset to a California-based family office for $6 million.
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