Friday, June 27, 2025
Read the Digital Magazines
Subscribe

Investment sales

Whole Foods Market
Investment salesNewsVirginia

SRS Brokers $27 Million Sale of Whole Foods-Occupied Property in Metro Washington, D.C.

by Julia Sanders

Alexandria, Va. — SRS National Net Lease Group has brokered the $27 million sale of a Whole Foods Market-occupied retail property in Alexandria, roughly 10 miles outside Washington, D.C. The 42,243-square-foot Whole Foods is located within The Royalton, a 116-unit residential property built in 2006. Andrew Fallon and Rick Fernandez of SRS, along with Joe Friedman of Edge Capital Markets, represented the undisclosed seller, a family trust based in Hawaii, in the transaction. Benderson Development Inc. was the buyer.

Continue Reading
0 FacebookTwitterLinkedinEmail
GeorgiaInvestment salesNews

Marcus & Millichap Brokers $9.1 Million Sale of CVS/pharmacy in Athens, Georgia

by Julia Sanders

Athens, Ga. — Marcus & Millichap has brokered the sale of a property occupied by CVS/pharmacy located at 795 Oglethorpe Ave. in Athens. An undisclosed buyer purchased the 14,781-square-foot property for $9.1 million. Don McMinn of Marcus & Millichap’s Taylor McMinn Retail Group represented the undisclosed seller.

Continue Reading
0 FacebookTwitterLinkedinEmail
Woodmore Towne Centre
Investment salesMarylandNews

Urban Edge Properties Acquires Woodmore Towne Centre in Metro Washington, D.C. for $193.4 Million

by Julia Sanders

Glenarden, Md. — Urban Edge Properties has acquired Woodmore Towne Centre, a 712,000-square-foot grocery-anchored shopping center located on 83 acres in Glenarden, along with an adjacent 22-acre land parcel for $193.4 million. Funding for the acquisition included cash on-hand and a $117.2 million non-recourse first mortgage loan. The financing features a 10-year term and is interest-only for the entire loan term. Woodmore Towne Center is situated nine miles from the center of Washington, D.C., off the Capital Beltway. The property was 97 percent leased at the time of sale to …

Continue Reading
0 FacebookTwitterLinkedinEmail
ITC Crossing
Investment salesNew JerseyNews

Black Lion Purchases ITC Crossing South Shopping Center in Northern New Jersey for $49.8 Million

by Julia Sanders

Mt. Olive, N.J. — Black Lion Investment Group has purchased ITC Crossing South, a 373,612-square-foot shopping center located on 46 acres in Mt. Olive, for $49.8 million. R.J. Brunelli & Co. brokered the sale. The property is home to retailers such as Lowe’s, Michaels, PetSmart, Old Navy, TJ Maxx, Panera Bread, McDonalds, Longhorn Steakhouse and Bed, Bath & Beyond.

Continue Reading
0 FacebookTwitterLinkedinEmail
Orchard Corners
Investment salesKansasNews

Block & Co. Brokers Sale of Orchard Corners Shopping Center in Metro Kansas City

by Julia Sanders

Lenexa, Kan. — Block & Co. Inc. Realtors has brokered the sale of Orchard Corners shopping center in Lenexa, about 15 miles southwest of Kansas City. The 200,000-square-foot property is located at the southwest corner of 95th Street and Quivira Road across from Oak Park Mall. Anchor tenants include Nordstrom Rack, TJ Maxx, HomeGoods and Michaels. There is a 37,000-square-foot space available for lease that was previously occupied by Stein Mart. Orchard Corners was built in 1971 and renovated in the 1990s. David Block of Block & Co. represented the …

Continue Reading
0 FacebookTwitterLinkedinEmail
Liberty Plaza
FloridaInvestment salesNews

Seagate Buys Mixed-Use Property in Naples, Florida for $11.8 Million

by Julia Sanders

Naples, Fla. — Naples Liberty Group, an affiliate of Seagate Development Group, has purchased Liberty Plaza, a three-building office and retail property in Naples from an entity known as Naples Venture I Inc. for $11.8 million. David Stevens and Robert Carroll of Investment Properties Corp. represented the buyer, while Marc Zampell of Nationwide Residential & Commercial Real Estate Inc. represented the seller. Liberty Plaza features two buildings with two stories and one building with one story, as well as 50,000 square feet of rentable space. The property was 98 percent …

Continue Reading
0 FacebookTwitterLinkedinEmail
10750 W Colfax
ColoradoInvestment salesNews

Blue West Capital Arranges Sale of 42,755-Square-Foot Shopping Center in Metro Denver

by Julia Sanders

Lakewood, Colo. — Blue West Capital has arranged the sale of a 42,755-square-foot multi-tenant retail center located at 10750 West Colfax Ave. in Lakewood, roughly seven miles west of downtown Denver. Tom Ethington of Blue West Capital represented the seller, a Colorado-based private real estate company. The buyer was a California-based investor. 10750 West Colfax Ave. was fully leased at the time of sale to tenants including Harbor Freight Tools, JoAnn Fabric and Guitar Center.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesMassachusettsNews

Sterling Organization Purchases Metro Boston Retail Center for $44.3 Million

by Julia Sanders

Braintree, Mass. — Sterling Organization has purchased Tedeschi Plaza, a 174,344-square-foot retail center in the southern Boston suburb of Braintree, for $44.3 million. A 66,124-square-foot Stop & Shop grocery store anchors the property. Additional tenants include CVS/pharmacy, Crunch Fitness, Sherwin Williams, Dunkin’ and Citizens Bank. JLL represented the seller, Black Creek Group, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNewsOklahoma

First National Realty Partners Buys 166,552-Square-Foot Summit Square Shopping Center in Tulsa

by Julia Sanders

Tulsa, Okla. — First National Realty Partners has purchased Summit Square Shopping Center, a 166,552-square-foot retail power center in Tulsa. A 66,455-square-foot Reasor’s Supermarket anchors the property, which was 96 percent leased at the time of sale. Margaret Caldwell, Gill Warner and Patrick Kelley of Stan Johnson Co. represented the undisclosed seller in the transaction. The price was not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
ArizonaInvestment salesNews

Orion Investment Real Estate Brokers $3.1 Million Acquisition of Retail Building in Phoenix

by Julia Sanders

Phoenix — Orion Investment Real Estate has arranged the purchase of a retail property located at the northwest corner of 53rd Avenue and Bell Road in Phoenix. Corridor Living LLC acquired the building from McLean Holdings for $3.1 million. Four tenants fully occupied the 8,318-square-foot property at the time of sale, including Crazy Mike’s Subs, Music & Art, Gravitate and Oscar’s Taco Shop. Nick Miner of Orion represented the buyer, while Danny Gardiner and Chad Tiedeman of PCA represented the seller in the deal.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts