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Investment sales

North Park Marketplace
Investment salesKentuckyNews

Palomar Group Facilitates Sale of 46,647-Square-Foot Retail Center in Lexington, Kentucky

by Abby Cox

Lexington, Ky. — The Palomar Group has facilitated the sale of North Park Marketplace, a 46,647-square-foot retail center located in Lexington. Ross Dress for Less anchors the property, which was 97 percent leased at the time of sale. Additional tenants include Rainbow Southeast Leasing, GameStop, Domino’s Pizza, Sally Beauty Supply and Sprint. An Arby’s outparcel is also located at the site. Steve Collins of The Palomar Group represented the seller, an affiliate of Yale Realty Services, in the transaction. The buyer was a Delaware Statutory Trust investor group.

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Walmart Neighborhood Market
FloridaGrocery-anchoredInvestment salesNews

Colliers Negotiates Sale of 103,830-Square-Foot Retail Center in Orlando, Florida

by Abby Cox

Orlando, Fla. — Colliers has negotiated the sale of the Shoppes at South Semoran, a 103,830-square-foot retail center located in Orlando, six miles directly north of the Orlando International Airport. Originally built in 1986, the property was renovated in 2013 with façade enhancements, as well as signage and parking lot improvements. Walmart Neighborhood Market anchors the property, which was 99 percent leased at the time of sale. Additional tenants include Dollar Tree, Wendy’s and Suncoast Credit Union. Brad Peterson and Whitaker Leonhardt of Colliers represented the seller, an affiliate of …

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ArizonaInvestment salesNews

Cohen & Steers, Sterling Organization Acquire Deer Valley Towne Center in Metro Phoenix 

by Abby Cox

Deer Valley, Ariz. — A joint venture between Cohen & Steers Income Opportunities REIT (CNSREIT) and Sterling Organization has acquired Deer Valley Towne Center, a 159,000-square-foot open-air shopping center located in the Deer Valley neighborhood of Phoenix. Target shadow anchors the center, which is situated across from Phoenix General Hospital and PetSmart’s corporate headquarters. The property is more than 94 percent leased to tenants including Five Below, Ross Dress For Less, Dollar Tree, PetSmart, Michaels, Jersey Mike’s, Panda Express, Chipotle, Sola Salon Studios, GNC and Bath & Body Works. This transaction …

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Weberstown Mall
CaliforniaInvestment salesNews

Mershops Acquires Weberstown Mall in Stockton, California, for $50.8 Million 

by Abby Cox

Stockton, Calif. — Family-owned real estate platform Mershops has acquired Weberstown Mall, an 800,000-square-foot regional shopping center located in Stockton, for $50.8 million. Originally opened in 1966, the center is anchored by JCPenney, Dillard’s and Barnes & Noble. Other tenants include Old Navy, Five Below, BoxLunch, Foot Locker, Lids, Victoria’s Secret and Journeys. Steerpoint Capital brokered the sale on behalf of Mershops. The seller was Washington Prime Group. This transaction marks Mershops’ sixth enclosed shopping center acquisition across California and Nevada. Mershops’ current portfolio includes North County Mall in Escondido, California; …

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Shaw's Supermarket
Investment salesNew HampshireNews

CrownPoint Partners Facilitates $7.5 Million Sale of Single-Tenant Retail Property in Concord, New Hampshire

by Abby Cox

Concord, N.H. — CrownPoint Partners has facilitated the $7.5 million sale of a single-tenant retail property located at 20 D’Amante Drive in Concord. Shaw’s Supermarket has occupied the 65,868-square-foot building for nearly 25 years. Nearby retailers include Walmart Supercenter, Sam’s Club, ALDI, Petco, Dick’s Sporting Goods, Best Buy, Michaels and Ocean State Job Lot. Julius Swolsky and Shannon Bona of CrownPoint Partners, in association with ParaSell, Inc., represented the seller, an entity doing business as Concord D’Amante LLC and an affiliate of ARCTRUST, in the all-cash transaction. Horvath & Tremblay represented …

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6770 North Brawley Ave.
CaliforniaInvestment salesNews

Hanley Investment Group Arranges $4.6 Million Sale of Multi-Tenant Retail Pad in Fresno, California

by Abby Cox

Fresno, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $4.6 million sale of a 7,052-square-foot multi-tenant retail pad located at 6770 North Brawley Ave. in Fresno. A Dutch Bros Coffee drive-thru anchors the property, which is situated within the River Oak Plaza shopping center. Built in 2019 on 1.3 acres, the building is fully leased to four additional tenants including West Coast Sourdough, WaBa Grill, Sport Clips and Organic Nails & Spa. Sean Cox and Bill Asher of Hanley represented the seller, California Gold Development Corp., in the …

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stephanie mccullough florida retail SRS quote from article
Content PartnersDevelopmentFeaturesFinanceIndustry ContentInvestment salesNet leaseRetailers

Population, Policy Tailwinds Fuel Retail Activity in Florida

by Sarah Daniels

Florida’s nation-leading population growth and its pro-business reputation continue to underpin retail investment and expansion activity. Vacancy rates in the state’s major metros range from 3.1 percent in Miami to 4.6 percent in Jacksonville, all well below their historical averages, according to CoStar. Investment sales in the markets during the first half of 2025 totaled around $2.5 billion, and each market except for Orlando saw an increase in year-over-year sales, CoStar reports. “Whether it’s buyers of retail properties or retailers looking to open up new locations, they’re all descending on …

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Jewel-Osco grocery store
ColoradoIllinoisInvestment salesNevadaNewsTexasWisconsin

Kidder Mathews Arranges $75.9 Million Sale of 10-Property Retail Portfolio Totaling 322,304 Square Feet

by Abby Cox

San Diego, Calif. — Kidder Mathews has arranged the $75.9 million sale of a 10-property, single-tenant net leased retail portfolio totaling 322,304 square feet. The portfolio spans five states — including Colorado, Illinois, Nevada, Texas and Wisconsin — and features five Albertsons-guaranteed grocery stores, four auto service centers and one Dutch Bros Coffee shop. Paul Danker of Kidder, along with Scott Reid of Parasell Inc. and John Nesbitt, Kristen Zimmerman and Remy Tams of Designated Broker Solutions, represented the seller, a private investor.

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Miramar Parkway Plaza
FloridaGrocery-anchoredInvestment salesNews

Berger Commercial Negotiates $34 Million Sale of Miramar Parkway Plaza in Florida

by Abby Cox

Miramar, Fla. — Berger Commercial Realty has negotiated the $34 million sale of Miramar Parkway Plaza, a 159,628-square-foot retail center in Miramar near Hard Rock Stadium. Located at 3102-3300 University Drive, Presidente Supermarket anchors Miramar Parkway Plaza, which sits on roughly 14 acres. Additional tenants include McDonald’s, Foot Locker, AutoZone, Subway, Moby’s and Little Caesar’s. The center includes multiple outparcels and a second-story office component, as well as a recently constructed 10,000-square-foot retail component. Lawrence Oxenberg of Berger Commercial represented the buyer, LSG2 Miramar Parkway Plaza LLC, an affiliate of Longpoint …

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Eden Square
DelawareGrocery-anchoredInvestment salesNews

Lenox Group Buys Eden Square in Bear, Delaware, for $30 Million

by Abby Cox

Bear, Del. — Atlanta-based The Lenox Group has purchased Eden Square, a 230,255-square-foot shopping center located in Bear, approximately 10 miles south of Wilmington. Giant Food anchors the center, which was 98 percent leased at the time of sale. Additional tenants include LA Fitness, Gabe’s, Citi Trends, Dollar Tree, Starbucks Coffee and Fulton Bank. Eden Square has secured 31,238 square feet of new leases, as well as 20,360 square feet of tenant renewals in the past three years. Jim Galbally, Jordan Lex, Patrick Higgins and Daniel Naughton of JLL’s Investment …

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