Thursday, January 9, 2025
Read the Digital Magazines
Subscribe

Investment sales

Tradition-Retail-Center_Port-St-Lucie
FloridaInvestment salesNews

SRS Arranges $10.3 Million Sale of Tradition Retail Center in Port St. Lucie, Florida

by Hayden Spiess

Port St. Lucie, Fla. — SRS Real Estate Partners has arranged the $10.3 million sale of Tradition Retail Center, a 28,820-square-foot shopping center located in Port St. Lucie in southeast Florida. The multi-tenant property is situated within Tradition, an 800-acre master-planned community. Built in 2020, the center was fully leased to 10 tenants at the time of sale, including Faith Animal Hospital, Farmers Insurance, Scott’s Golf Carts and the Little Gym. Patrick Nutt, William Wamble and Daniel Becker of SRS represented the seller in the transaction. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Victory-Shops-Heritage-Trace-IV_Fort-Worth-Texas
Investment salesNet leaseNewsTexas

Marcus & Millichap Brokers Sale of 11,492-Square-Foot Retail Center in Fort Worth, Texas

by Hayden Spiess

Fort Worth, Texas — Marcus & Millichap has brokered the sale of Victory Shops at Heritage Trace IV, an 11,492-square-foot retail center located in Fort Worth. Tenants at the property, which was fully leased at the time of sale, include Just Love Coffee Café, RevFit, Flossophy Dental Studio and Big Chicken. All of the tenants at the center are on triple-net leases. Chris Gainey and Philip Levy of Marcus & Millichap represented the seller in the transaction. The property is situated across from a master-planned mixed-use project that will comprise retail, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Shoppes-at-Paradise-Beach_Indialantic-Fla
FloridaInvestment salesNews

Matthews Brokers $6.8 Million Sale of Retail Center in Indialantic, Florida

by Hayden Spiess

Indialantic, Fla. — Matthews Real Estate Investment Services has brokered the $6.8 million sale of The Shoppes at Paradise Beach, a retail center located in the beachside town of Indialantic. Originally built in 1981 and renovated in 2005, the property totals 29,650 square feet. The Shoppes at Paradise Beach was fully leased to 12 tenants at the time of sale, including a nail salon, local restaurants, a sporting goods store and a florist. A Miami-based private investor acquired the property from the original developer. Brandon Senia and Robert Goldberg of Matthews …

Continue Reading
0 FacebookTwitterLinkedinEmail
First-Watch_Tucson-Ariz
ArizonaInvestment salesNet leaseNews

Hanley Negotiates $4 Million Sale of Single-Tenant Property in Tucson, Arizona

by Hayden Spiess

Tucson, Ariz. — Hanley Investment Real Estate Advisors has negotiated the $4 million sale of a single-tenant property located in Tucson. First Watch occupies the property, which totals 4,164 square feet, on a triple-net-lease basis. Bill Asher, Jeff Lefko and Lee Csenar of Hanley represented the seller and developer in the transaction. Cory Krupinsky of Brisky Net Lease, in association with Brian Brockman of Bang Realty, represented the buyer, a private investor. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Grants-Pass-Shopping-Center_Grants-Pass-Ore
Investment salesNewsOregon

Rhino Investments Acquires 277,378-Square-Foot Retail Center in Oregon

by Hayden Spiess

Grants Pass, Ore. — Rhino Investments Group has acquired Grants Pass Shopping Center, a 277,378-square-foot retail center located in Grants Pass. The property is situated on a 24.2-acre site with 856 parking space. Tenants at the center include Ulta Beauty, T.J. Maxx, Ross Dress for Less, Petco and Rite Aid. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Metro-Market_Mukwonago-Wis
Investment salesNet leaseNewsWisconsin

Legacy Brokers $12 Million Sale of Single-Tenant Property in Mukwonago, Wisconsin

by Hayden Spiess

Mukwonago, Wis. — Legacy Realty Group Advisors has brokered the $12 million sale of a single-tenant property located in Mukwonago. Metro Market (a Kroger brand) occupies the building, which totals 63,740 square feet, on a net-lease basis. Jacob Baruch and Daniel Baruch of Legacy represented the seller in the transaction. Carol Vena of JRW Realty represented the buyer. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Roswell-Market-Center_Roswell-Ga
GeorgiaInvestment salesNews

JLL Arranges Sale of 82,029-Square-Foot Retail Center in Atlanta Suburb

by Hayden Spiess

Roswell, Ga. — JLL Capital Markets has arranged the sale of Roswell Market Center, an 82,029-square-foot retail center located in the northern Atlanta suburb of Roswell. Tenants at the property, which was built in 1990, include AutoZone, Dollar Tree, Subway and AT&T. Jim Hamilton, Brad Buchanan and Andrew Kahn of JLL represented the seller, Sterling Organization, in the transaction. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Riverview-Plaza_Frederick
Investment salesMarylandNews

Finmarc Management Purchases Riverview Plaza Shopping Center in Frederick, Maryland for $30 Million

by Hayden Spiess

Frederick, Md. — Finmarc Management Inc. has purchased Riverview Plaza, a 185,275-square-foot shopping center in Frederick, for $30 million. Ryan Sciullo and H. Casey Benson Smith of CBRE represented the seller, a joint venture between Edens and JPMorgan Chase & Co., in the transaction. Built in 1998 on 23 acres, Riverview Plaza is located approximately 40 miles outside Washington, D.C. The shopping center was 95 percent leased at the time of sale to 10 retailers, including T.J. Maxx, PetSmart, Michaels, Staples, Sierra and Old Navy.

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceGrocery-anchoredInvestment salesNew YorkNews

Red Oak Capital Provides $8.6 Million Acquisition Financing for Shopping Center in Rochester, New York

by Hayden Spiess

Rochester, N.Y. — Red Oak Capital Holdings has provided an $8.6 million loan for the acquisition of Irondequoit Plaza, a 205,000-square-foot shopping center located in Rochester. Sky Capital is the borrower. Wegman’s anchors the center, which was developed in 1980. Other tenants at the property include Citizens Bank, Dollar Tree, Dunkin Donut and Big Lots. The center was most recently renovated in 2005. Sky Capital will use the loan from Red Oak to finance the $9.5 million purchase of a 123,479-square-foot non-anchored portion of the property. Sky Capital is purchasing the …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts