Thursday, June 26, 2025
Read the Digital Magazines
Subscribe

Investment sales

Shoppes at Eustis Village
FloridaInvestment salesNews

JLL Arranges $9.2 Million Sale of Strip Center in Metro Orlando

by Julia Sanders

Eustis, Fla. — JLL Capital Markets has arranged the $9.2 million sale of the Shoppes at Eustis Village, a 29,367-square-foot retail strip center in the Orlando-area community of Eustis. Brad Peterson, Whitaker Leonhardt, Michael Brewster and Tommy Isola of JLL represented the seller, CORE Investment Properties. Tabani Group Inc. acquired the property. Completed in 2006, the center is fully leased to nine tenants including Starbucks Coffee, Verizon Wireless, Pep Boys, Greenberg Dental, Liberty Health Sciences and Planet Smoothie. Located at 15439 US Highway 441, the three-building property is shadow anchored …

Continue Reading
0 FacebookTwitterLinkedinEmail
3495 Volunteer Blvd.
Investment salesNevadaNewsUtah

Colliers International Arranges Land Sales in Nevada, Utah for $6.6 Million

by Julia Sanders

Henderson, Nev. and Salt Lake City — Colliers International has arranged two separate land parcel sales totaling $6.6 million in Henderson and Salt Lake City. In the first deal, EOE Volunteer LLC sold an 0.84-acre land parcel at 3495 Volunteer Blvd. in Henderson. AutoZone Development LLC acquired the property for $1.2 million. Steven Haynes of Colliers represented the seller in the transaction. In the second deal, an undisclosed buyer acquired a 0.48-acre land parcel at 3215 E. 3300 South in Salt Lake City for $5.4 million. The name of the …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesMichiganNews

Marcus & Millichap Negotiates $6.2 Million Sale of Walgreens-Occupied Property in Lansing, Michigan

by Julia Sanders

Lansing, Mich. — Marcus & Millichap has negotiated the sale of a 14,559-square-foot retail property net leased to Walgreens in Lansing for $6.2 million. Walgreens has over nine years remaining on its lease at the property, which is located at 6421 W. Saginaw Highway. James Ziegler, Keith Zelenika and Mitchell Kiven of Marcus & Millichap represented the seller, a Chicago-based private investor. A New York-based private investor completing a 1031 tax-deferred exchange was the buyer.

Continue Reading
0 FacebookTwitterLinkedinEmail
Raising Cane's
CaliforniaInvestment salesNews

SRS Real Estate Partners Negotiates $8.2 Million Sale of Raising Cane’s-Occupied Property in San Bernardino

by Julia Sanders

San Bernardino, Calif. — SRS Real Estate Partners has arranged the sale of a restaurant building located at 1857 S. Tippecanoe Ave. in San Bernardino. An affiliate of Red Mountain Group sold the property to a San Diego-based high-net-worth investor for $8.2 million. Raising Cane’s Chicken Fingers occupies the 4,086-square-foot property, which was built in 2017 on 1.2 acres and has more than 11 years remaining on its absolute triple-net lease. Matthew Mousavi and Patrick Luther of SRS’s National Net Lease Group represented the seller, while Jim Casale of Lee …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNevadaNews

IYK Realty Buys 158,394-Square-Foot Retail Property in Las Vegas for $26.2 Million

by Julia Sanders

Las Vegas — IYK Realty has purchased a retail property in Las Vegas for $26.2 million. Situated within Sahara Pavilion South at 2520-2650 S. Decatur Blvd., the property features 158,394 square feet of retail space. Current tenants include Chase, Chipotle Mexican Grill, Einstein Bros. Bagels and Starbucks Coffee. Additionally, the new, 48,000-square-foot anchor tenant will be a supermarket. Al Twainy and Jennifer Lehr of Colliers represented the buyer in the deal. The name of the seller was not released.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNew YorkNews

Cleeman Realty Negotiates Sale of 97,000-Square-Foot Shopping Center in Syracuse

by Julia Sanders

Syracuse, N.Y. — Cleeman Realty Group has negotiated the $4.2 million sale of Airport Plaza, a 97,000-square-foot shopping center in Syracuse. The property was fully leased at the time of sale. Sam Seelenfreund of Cleeman Realty represented the undisclosed buyer and seller in the off-market transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
21572 Plano Trabuco Road
CaliforniaFaris Lee InvestmentsInvestment salesNews

Faris Lee Arranges $4.2 Million Sale of CVS-Occupied Building in Trabuco Canyon, California

by Julia Sanders

Trabuco Canyon, Calif. — Faris Lee Investments has arranged the sale of a freestanding retail building located in Trabuco Canyon. ValueRock Realty acquired the property from an undisclosed seller for $4.2 million. CVS/pharmacy occupies the property on a triple-net lease basis. Rich Chichester and Don MacLellan of Faris Lee, in partnership with John Cumbelich of Cumbelich & Associates, represented the seller and buyer in transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
59-65 Oak
IllinoisInvestment salesNews

Union Investment Real Estate Purchases Retail Property in Chicago for $120 Million

by Julia Sanders

Chicago — Union Investment Real Estate has purchased 59-65 E. Oak St., a one-block stretch of retail space in Chicago. The purchase price was $120 million, according to Crain’s Chicago Business. The price represents the largest amount paid for any retail asset sold in Chicago since 2016, according to CBRE. Keely Polczynski of CBRE Capital Markets represented both the buyer and the seller, Jenel Real Estate, which acquired two separate parcels in 2016, demolished them and rebuilt a 32,000-square-foot building that now houses high-end retailers Chanel, Van Cleef & Arpels, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNewsTexas

JLL Negotiates Sale of 93,377-Square-Foot Westside Market Shopping Center in Frisco

by Julia Sanders

Frisco, Texas — JLL has negotiated the sale of Westside Market, a 93,377-square-foot shopping center located in the northern Dallas suburb of Frisco. Built in 2017 and anchored by a Tom Thumb grocery store with a fueling station, the property was fully leased at the time of sale. Other tenants include Subway, Great Clips, Pure Barre, Today’s Vision, Aqua-Tots Swim School and Ideal Smile & Orthodontics. Chris Gerard and Ryan Shore of JLL represented the undisclosed seller in the transaction. Tabani Group purchased the asset for an undisclosed price.

Continue Reading
0 FacebookTwitterLinkedinEmail
McDonough West
GeorgiaInvestment salesNews

Halpern Enterprises Acquires 80,773-Square-Foot Retail Property in Metro Atlanta

by Julia Sanders

McDonough, Ga. — Halpern Enterprises Inc. has acquired McDonough West, an 80,773-square-foot shopping center in McDonough, roughly 30 miles southeast of Atlanta. Harbour Retail Partners sold the property for an undisclosed price. Built in 2000, McDonough West was 92 percent leased at the time of sale and anchored by a 30,000-square-foot Goodwill Store and Donation Center. Additional tenants include Planet Fitness, Dollar Tree, Subway and Cato, along with a Delta Community Credit Union located on an outparcel at the front of the property.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts