North Providence, R.I. — A joint venture partnership between ShopOne Centers REIT, Pantheon and an undisclosed global institutional investor has acquired North Providence Marketplace, a 112,497-square-foot retail center located in North Providence. Shaw’s Supermarket anchors the property, which was 88 percent occupied at the time of sale. Other tenants include Dollar Tree, Rainbow, H&R Block and Sally Beauty Supply. Shaw’s features an in-store Starbucks Coffee.
Coatesville, Pa. — Neuman Commercial Group has arranged the sale of Airport Village, a 70,500-square-foot shopping center located in Coatesville, roughly 45 miles west of Philadelphia. Tenants at the property, which was 87 percent occupied at the time of sale, include Aldi, Dollar Tree, Rite Aid, Burger King, Verizon and US Renal Care. Gil Neuman of Neuman Commercial Group represented the seller, Nassimi Realty of New York, in the transaction.
Hiram, Ga. — SRS Real Estate Partners has brokered the $8 million sale of Hiram Walk, a 13,801-square-foot retail center located in Hiram, roughly 27 miles outside Atlanta. Tenants at the center, which was built in 2004, include Starbucks Coffee, Buffalo Wild Wings, T-Mobile, Cold Stone Creamery and Moe’s Southwest Grill. The property is an outparcel to Hiram Pavilion. Jeff Enck of SRS represented the undisclosed seller. An entity doing business as H Walk LLC was the buyer.
Frisco, Texas — STRIVE has arranged the sale of 3 Corners Plaza — Building 2, a 10,339-square-foot retail center located in Frisco. The property was fully leased at the time of sale. Adam Gottschalk and Hudson Lambert of STRIVE represented the seller in the transaction. An undisclosed California-based investor purchased the property.
Edgewood, Md. — KLNB has brokered the $10.4 million sale of Edgewood Plaza, a retail center located in Edgewood, roughly 25 miles outside Baltimore. Food Lion anchors the 76,000-square-foot property. Dollar General is also a tenant at the property, which was 96 percent leased at the time of sale. Chris Burnham, Andy Stape, Vito Lupo and Jake Furnary of KLNB represented the seller, Sandmar Properties, in the transaction.
Mattoon, Ill. — Mid-America Real Estate Corp. has arranged the sale of Mattoon Marketplace, a 73,225-square-foot shopping center located in Mattoon. Tenants at the property include PetSmart, Dollar Tree, Cato, Hibbett Sporting Goods, Aspen Dental, Buffalo Wild Wings, Verizon and Shoe Sensation. Rick Drogosz and Emily Gadomski of Mid-America brokered the transaction on behalf of the seller, United American Properties. Chase Properties acquired the center for an undisclosed price.
Leesburg, Fla. — Legacy Realty Group Advisors has arranged the sale of Lake Harris Square, a 61,220-square-foot shopping center located in Leesburg. Winn Dixie anchors the property. Daniel Baruch and Ari Warshaw of Legacy arranged the $6.3 million transaction, with Robert Monahan of Island Associates Real Estate and Will Bingham and Matthew Bingham of Bingham Realty Inc.
Pittsfield, Mass. — Horvath & Tremblay has negotiated the $6.3 million sale of Del Alba Plaza, a 72,119-square-foot shopping center in Pittsfield. A 61,935-square-foot Stop & Shop anchors the property, which also comprises a 2,000-square-foot fuel station and a three-tenant, 8,184-square-foot inline building. The center also features a pad site that can support the development of a 3,500-square-foot building. Bob Horvath and Todd Tremblay of Horvath & Tremblay represented both the buyer and seller in the transaction.
Kinston, N.C. — Marcus & Millichap has brokered the $5 million sale of Westgate Plaza, a 51,213-square-foot retail center located in Kinston. Built in 1988, the property is anchored by Harbor Freight Tools, Badcock Furniture and PetSense. Andrew Margulies and Harrison Creason of Marcus & Millichap arranged the sale on behalf of the seller.
Sandy Springs, Ga. — JLL Capital Markets has arranged the sale of Trowbridge Crossing, a 62,558-square-foot shopping center located in Sandy Springs, approximately 17 miles outside Atlanta. Publix anchors the property. Other tenants include T-Mobile, North Springs Animal Clinic, Erawan Organic Thai, Domino’s, USPS, Luxy Nails, Hong Kong City and UPS. Jim Hamilton, Brad Buchanan, Andrew Michols and Anton Serafini of JLL represented the seller, InvenTrust Properties Corp. FrostPoint Capital acquired the center for an undisclosed price.
