Houston — ShopOne Centers, along with its joint venture partners Pantheon and a global institutional investor, has acquired Beltway South, a 114,099-square-foot retail property located in Houston. Kroger anchors the center, which features a mix of additional tenants including Petco, Cato Fashions, Subway and State Farm, as well as various local service providers and dining options. This transaction marks ShopOne’s first investment in Texas.
Miami Gardens, Fla. — United Capital has acquired Ives Plaza, a 56,841-square-foot shopping center located in Miami Gardens, approximately 16 miles north of downtown Miami. R&E Trust sold the property for $12 million. David B. Smith of LG Capital Partners, along with Adam Lipkin of United Capital, served as financial advisors on behalf of United Capital. This transaction marks the first time the property has been sold. Developed in 1955 on nearly 6.5 acres, Ives Plaza was 66 percent leased at the time of sale to 15 tenants including Pizza Hut …
Louisville, Ky. — Cushman & Wakefield | Commercial Kentucky has negotiated the sale of Indian Trail Square, a 289,937-square-foot shopping center located in Louisville. The property’s tenant lineup includes Save A Lot, Dollar Tree, Ollie’s Bargain Outlet and Citi Trends. Lexington, Kentucky-based BC Wood Properties sold the 30-acre center to an undisclosed buyer. The sales price was also not disclosed. Craig Collins and Austin English of Cushman & Wakefield | Commercial Kentucky, along with Evan Halkias, Hank Davis and David Matheis of Cushman & Wakefield, represented the seller in the …
San Angelo, Texas — Hanley Investment Group Real Estate Advisors has arranged the sale of Sunset Plaza, a 92,000-square-foot shopping center located in the West Texas city of San Angelo. Built in 2005 on 8.4 acres,the property is situated adjacent to Sunset Mall. Tenants at Sunset Plaza include Ross Dress for Less, HomeGoods, Petco, Five Below, Bath & Body Works, Buckle and GameStop. Target, which was not part of the sale, has also been a long-term tenant at the property. Garrett Wood, Kevin Fryman and Lee Csenar, in association with ParaSell …
Camas, Wash. — Forging Union LLC has acquired a 35,547-square-foot multi-tenant retail strip center located in Camas, approximately 20 miles east of Portland, for $18.7 million. Hurley Development was the seller. Situated on 2.5 acres, the property was fully leased at the time of sale to 15 tenants. Wes Bochner of CBRE represented the buyer in the transaction.
Victorville, Calif. — Pacific Coast Commercial has negotiated the sale of a multi-tenant retail property located at 14190 Bear Valley Road in Victorville. The 11,618-square-foot property sold for $6.1 million. Vince Provenzano and Michael Sikorski of Pacific Coast Commercial represented the buyer, while Rick Helmonds and Lance Mordachini of Progressive Real Estate Partners represented the seller in the transaction. Sunflower Bank provided acquisition financing for the deal.
North Attleboro, Easton and Foxboro, Mass. — Horvath & Tremblay has arranged the sale of three net lease properties in separate transactions for nearly $9 million in Massachusetts. Bob Horvath and Todd Tremblay of Horvath & Tremblay, along with Matt Nadler and Jack Laurendeau of Horvath & Tremblay, represented the seller in all three transactions. The first property, which has been occupied by Applebee’s since 1998, sold for $1.9 million and is located at 900 S. Washington St. in North Attleboro. The second retail property, located at 600 Depot St. …
Conyers, Ga. — Highline Real Estate Capital has acquired Salem Gate Market, a 177,527-square-foot shopping center located in Conyers, a southeast suburb of Atlanta in Rockdale County, for $25.4 million. The center’s tenant lineup includes anchors Academy Sports + Outdoors and Floor & Décor. The Miami-based investor purchased Salem Gate Market from the undisclosed seller via its Highline Real Estate Fund 1, which launched in 2023 and has completed more than $350 million in acquisitions. Brad Buchanan and Jim Hamilton of JLL’s Atlanta office represented the seller in the transaction. …
Tigard, Ore. — A partnership between Intercontinental Real Estate and ScanlanKemperBard Cos. (SKB) has acquired Washington Square II, an 86,636-square-foot retail center located in Tigard, roughly 10 miles southwest of Portland. The purchase price was $25 million. Situated adjacent to Washington Square Mall, Washington Square II consists of three single-story retail buildings constructed in 1984. Tenants at the property, which was 79 percent leased at the time of sale, include World Market, Red Robin, Visionworks, DXL Big + Tall and Panera Bread. Intercontinental and SKB plans to renovate the property with …
Corpus Christi, Texas — Dallas-based brokerage firm Disney Investment Group (DIG) has negotiated the sale of Huntington Square, a 90,768-square-foot shopping center in Corpus Christi. The center was 96 percent leased at the time of sale to tenants such as Dollar Tree, Ferguson Home, Freedom Fitness and Physicians Premier ER. David Disney and Adam Crockett of DIG represented the seller, LRIC Properties, in the deal and procured the buyer, Harkinson Investment Corp. The sale included 4.7 acres of undeveloped land adjacent to the center.