Investment sales

Fieldstone Marketplace
Investment salesMassachusettsNews

Private Investor Acquires 192,003-Square-Foot Shopping Center in New Bedford, Massachusetts, for $12.2 Million

by Abby Cox

New Bedford, Mass. — A private real estate investor has acquired Fieldstone Marketplace, a 192,003-square-foot shopping center located in New Bedford, for $12.2 million. Restaurant Depot and Ollie’s Bargain Outlet anchor the property, which was recently renovated. Other tenants at the center include Golden Star Chinese Restaurant, Dunkin’, Dollar Tree and Sally Beauty Supply, according to LoopNet Inc. Fieldstone Marketplace was originally built in 1988 on nearly 25 acres. Nat Heald, Connor Scott and Jordana Roet of CBRE’s National Retail Partners team procured the buyer and represented the seller in the …

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Lexington-Parkway-Plaza
Investment salesNewsNorth Carolina

Legacy Realty Group Closes Sale of 267,775-Square-Foot Shopping Center in Lexington, North Carolina

by Abby Cox

Lexington, N.C. — Legacy Realty Group Advisors has arranged the sale of Lexington Parkway Plaza, a 267,775-square-foot shopping center located in Lexington, approximately 20 miles south of Winston-Salem. Belk, Planet Fitness, Tractor Supply and Ollie’s Bargain Outlet anchor the property. Additional tenants include Dollar Tree, Gabe’s, Hibbett Sports, Cato Fashions, Wingstop, GNC and Jersey Mike’s. Jacob Baruch and Ari Warshaw of Legacy Realty Group represented the buyer in the off-market transaction. Will Whitley of New South Properties represented the seller.

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6315-S-Rainbow-Blvd-Las-Vegas-NV
Investment salesNevadaNews

Avison Young Negotiates $6.6 Million Sale of 18,000-Square-Foot Retail Building in Las Vegas

by Abby Cox

Las Vegas — Avison Young has facilitated the sale of an 18,000-square-foot retail property located in Las Vegas. A Las Vegas-based private trust sold the property to Syndicate MMA, a mixed martial arts gym and tenant since 2019, for $6.6 million. Syndicate MMA occupies 15,000 square feet of the building, with a salon and medical practice occupying the remaining space. Hillary Steinberg and Corina Towle of Avison Young represented the seller, while Kevin Jacobson of Iron Will LLC represented the buyer in the transaction.

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2701 E. Main St. in St.
IllinoisInvestment salesNews

Greenstone Partners Brokers $1.9 Million Sale of Two-Tenant Retail Property in Suburban Chicago

by Abby Cox

St. Charles, Ill. — Greenstone Partners has brokered the $1.9 million sale of 2701 E. Main St., a 4,083-square-foot retail property located in St. Charles, a western suburb of Chicago. The two-tenant building features a drive-thru and is occupied by Dunkin’ and Options Medical. Both tenants operate under net lease structures. Brewster Hague, AJ Patel and Tom Galvin of Greenstone Partners represented the seller, a private partnership, in the transaction. The buyer was a local investor.

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Investment salesNewsTexas

Woodmont Co. Arranges Sale of 9,929-Square-Foot Retail Center in Suburban Dallas

by Abby Cox

Wylie, Texas — The Woodmont Co. has arranged the sale of a 9,929-square-foot retail center located at 2030 N. State Highway 78 in Wylie, a northeastern suburb of Dallas. Built in 2024, the property was fully leased at the time of sale to a mix of tenants including The UPS Store and Hot Pancakes, as well as an urgent care and dentist office. Russel Wehsener of The Woodmont Co. represented the buyer in the transaction. George Tak of Jual Properties represented the seller.

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Denny's logo
Company newsInvestment salesNews

Denny’s Corp. to be Acquired for $620 Million

by Abby Cox

Spartanburg, S.C. and New York — Spartanburg, South Carolina-based Denny’s Corp., owner and operator of Denny’s Inc. and Keke’s Inc., has entered into a definitive agreement to be acquired by a group consisting of TriArtisan Capital Advisors LLC, Treville Capital Group and Yadav Enterprises Inc., in an all-cash transaction for $620 million. Upon completion of the transaction, Denny’s will become a privately held company and will no longer be listed on the Nasdaq. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions. Under the terms …

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The Shoppes at River Forest
Investment salesNewsVirginia

Prudent Growth Partners Sells 30,070-Square-Foot Retail Center in Suburban Richmond for $8.9 Million

by Abby Cox

Chester, Va. — Chapel Hill, North Carolina-based Prudent Growth Partners has sold The Shoppes at River Forest, a 30,070-square-foot retail strip center located in Chester, a suburb of Richmond. The purchase price was $8.9 million. Originally constructed in 2007 on roughly 3.7 acres, the property was 95 percent leased at the time of sale to 12 tenants including GameStop, Sweet Frog, State Farm and the U.S. Marine Corps. Catharine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group represented the seller in the transaction.

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Brighton Mills
Grocery-anchoredInvestment salesMassachusettsNews

CBRE Arranges Sale of 91,000-Square-Foot Grocery-Anchored Center in Boston

by Abby Cox

Boston — CBRE has arranged the sale of Brighton Mills, a 91,000-square-foot grocery-anchored retail center situated in the Boston neighborhood of Brighton. Urban Edge Partners acquired the property for $39 million from Harvard University. New England supermarket chain Star Market anchors Brighton Mills, which features a mix of additional tenants such as Petco, Spring Shabu-Shabu, Bank of America and McDonald’s. Nat Heald, Jordana Roet, Connor Scott and Scott Dragos of CBRE’s National Retail Partners team procured the buyer and represented the seller in the transaction.

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Glenridge Springs
GeorgiaInvestment salesMixed-useNews

Westwood Financial Acquires Glenridge Springs in Metro Atlanta

by Abby Cox

Sandy Springs, Ga. — Westwood Financial has acquired Glenridge Springs, a mixed-use development located in the Atlanta suburb of Sandy Springs. The acquisition features 20,000 square feet of ground-floor retail, 168 luxury apartment units and 80,000 square feet of on-site office space. Tenants at the property, which was 91 percent occupied at the time of sale, include QDOBA, Firehouse Subs, Blue Moon Pizza, Sushi Nami, Taziki’s Mediterranean, DaVinci’s Donuts, Venus Nail Lounge and Beauty Enhanced. Westwood Financial owns several centers in the metro Atlanta area, including Glenwood Park, Decatur Crossing …

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Tower Pavilions
ColoradoInvestment salesNews

Thompson Ranch Development Sells Tower Pavilions in Metro Denver for $5.3 Million

by Abby Cox

Aurora, Colo. — Thompson Ranch Development has sold Tower Pavilions, an 11,029-square-foot retail center located in the Denver suburb of Aurora, for $5.3 million. The property was fully leased at the time of sale to eight tenants including Jersey Mike’s, European Wax Center, Sport Clips and Tide Cleaners. Jason Schmidt and Austin Snedden of JLL’s Investment Sales and Advisory team represented the seller in the transaction.

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