Houston — DNA Partners has sold Mason Village Shopping Center, a 96,486-square-foot retail center located in Houston. Grocer La Michoacana anchors the center, and other tenants at the property include Harbor Freight, Freebirds, Jiffy Lube and Jason’s Deli. Ryan West, John Indelli and Clay Anderson of JLL Capital Markets represented the seller in the transaction. Longpoint Realty Partners acquired the property for an undisclosed price.
Port Richey, Fla. — Cushman & Wakefield has brokered the sale of Regency Crossings, an 85,865-square-foot retail center located in Port Richey, roughly 40 miles northwest of Tampa. Publix anchors the property, which was 90 percent leased at the time of sale. The center was originally built in 1985 and renovated in 2021. PMAT Cos. sold the property to Essential Growth Properties for an undisclosed price. Mark Gilbert, Adam Feinstein and Mitchell Halpern of Cushman & Wakefield represented the seller in the transaction.
Las Vegas — Hanley Investment Group Real Estate Advisors has arranged the sale of a newly constructed single-tenant retail property located in Las Vegas. Starbucks Coffee occupies the building, which totals 2,365 square feet and features a drive-thru, on a 10-year lease. Bill Asher and Jeff Lefko, in association with ParaSell Inc., represented the developer and seller in the transaction. Jason Otter of Logic Commercial Real Estate represented the buyer, a local private investor.
Stephenville, Texas — Disney Investment Group (DIG) has arranged the sale of Bosque River Centre, a 221,294-square-foot retail center located in Stephenville. The center was 97 percent leased at the time of sale. Tenants at the property, which was built in 1984, include Boot Barn, SPEC’s, Tractor Supply Co., Ollie’s, Planet Fitness, Cinemark and Dollar Tree. David Disney and Adam Crockett of DIG represented the seller and procured the buyer in the transaction.
Weatherford, Texas — The Woodmont Co. has negotiated the sale of The Village at Weatherford, a shopping center located in Weatherford, roughly 30 miles west of Fort Worth. The property totals 44,000 square feet. Russel Wehsener of The Woodmont Co. represented the seller, Sinclair Investments, in the transaction. Gibson Duwe and Kyle Poulson of Transwestern represented the undisclosed buyer.
Milwaukee — Marcus & Millichap has brokered the sale of a 25,154-square-foot single-tenant retail property in Milwaukee. Sentry Foods occupies the building, which was originally constructed in 1960, on an absolute net lease. Ben Kohl and Mitchell Kiven of Marcus & Millichap represented the seller in the transaction. Todd Lindblom assisted in closing the sale as the firm’s broker of record in Wisconsin.
Albuquerque, N.M. — SimonCRE has acquired Cottonwood Corners, a 218,144-square-foot retail center located in Albuquerque. An entity doing business as Gibson-Cottonwood LLC sold the property for an undisclosed price. Tenants at the property, which was developed in two phases in 1996 and 1998, include Barnes & Noble, Best Buy, Michaels, Ross Dress for Less, Legacy Furniture, New Balance, The UPS Store, Mattress Firm, Leslie’s Poolmart, Scrub Spot, LA Luxe Nails and Firehouse Subs. The center also features 29,233 square feet of big box space and 4,679 square feet of small shop …
Chesterfield Township, Mich. — Mid-America Real Estate Corp. has arranged the sale of Waterside Marketplace, a 276,244-square-foot retail center located in the northeast Detroit suburb of Chesterfield Township. Tenants at the center, which was 93 percent leased at the time of sale, include T.J. Maxx, Sierra, Burlington, Best Buy, Ulta Beauty, DSW and Old Navy. Ben Wineman, Emily Gadomski and Daniel Stern of Mid-America represented the seller, PMAT Real Estate Investments, in the transaction. Octave Holdings and Investments was the buyer.
Vernon Hills, Ill. — Marcus & Millichap has brokered the $10.5 million sale of Hawthorn Village Commons, a shopping center located in Vernon Hills, roughly 40 miles outside Chicago. Built in 1981, the property comprises 51,815 square feet. Tenants at the center include Hobby Lobby, Dollar Tree, Panda Express, Wendy’s and Subway. Adrian Mendoza, Sean Sharko and Austin Weisenbeck of Marcus & Millichap represented the seller in the transaction. Steven Weinstock assisted in closing the sale as the firm’s broker of record in Illinois.
Crowley, La. — Time Equities Inc. (TEI) has purchased Crowley Plaza, a shopping center located in Crowley, for $3.4 million. This marks TEI’s first acquisition in the state. Built in 1999, the property totals 27,228 square feet across two multi-tenant buildings. Tenants at the center, which was 78 percent leased at the time of sale, include Game Stop, Sally Beauty Supply, AT&T, Express Urgent Care and USAgencies Insurance. Ami Ziff, Jonathan Kim, Grant Scott and Eli Smith represented TEI in the transaction on an interal basis. Hudson Lambert of STRIVE represented …
