Davenport, Fla. — Colliers has arranged the $63.5 million sale of Posner Commons, a 731,000-square-foot regional shopping center located in Davenport, roughly 25 miles southwest of Orlando. Target and a newly constructed BJ’s Wholesale Club shadow anchor the property, which was 95.5 percent leased at the time of sale. Other tenants at the center include JCPenney, Dick’s Sporting Goods, Cinépolis, Best Buy, Ross Dress For Less, Ashley Furniture, Michaels, Staples, PetSmart, Books-A-Million and Dollar Tree. Situated seven miles from Walt Disney World, the property spans 91 acres. Brad Peterson, Whitaker …
Frisco, Texas — SRS Real Estate Partners has arranged the sale of Independence Plaza, a 14,966-square-foot multi-tenant retail center located in Frisco. Built in 2018, the property was fully leased to seven food and service-based tenants at the time of sale. Michael Kaplan of SRS Capital Markets represented the seller, a family office who developed the property, in the transaction. The buyer was a Texas-based private investor.
Monarch Commercial Advisors Brokers $27.8 Million Sale of Willow Creek Center in Northern California
Auburn, Calif. — Monarch Commercial Advisors has brokered the $27.8 million sale of Willow Creek Center, a 67,825-square-foot shopping center located in Auburn, roughly 33 miles outside Sacramento. A Smart & Final grocery store anchors the center, which was constructed between 2015 and 2017. Other tenants at the fully leased property include Starbucks Coffee, Chick-fil-A, Panda Express, PetSmart, Jersey Mike’s, AT&T and GameStop. Dave Lucas and Brandon Norton of Monarch Commercial represented the seller, Best Development Group, in the transaction. The buyer was a private investor. Dan Friedeberg of Slatt Capital …
McKinney, Texas — STRIVE has arranged the sale of 380 North A, a 7,026-square-foot retail property located at W. University Drive in McKinney. Built in 2024, the property was fully leased at the time of sale. Tenants include Fire Bowl Café, Revolution Barbershop and Soccer Corner. Hudson Lambert and Jennifer Pierson of STRIVE represented the seller, a local developer, in the transaction. The 1031 exchange buyer was a local investor. Additional terms of the sale were not disclosed. This transaction marks STRIVE’s 40th property sold in McKinney since 2019.
Frisco, Texas — JLL Capital Markets has arranged the sale of Preston Stonebrook, a 53,553-square-foot retail center located in Frisco. Built in 1997, the property was 93 percent leased at the time of sale. Tenants at the center include Plato’s Closet, Emler Swim School, Dogtopia and Horizon Hot Yoga. Adam Howells and Erin Lazarus of JLL’s Investment Sales and Advisory team represented the sellers, Bo Brownlee and Easley Waggoner, Jr., of Venture Investment Partners in the transaction.
High Point, N.C. — West Palm Beach, Florida-based FrostPoint Capital has acquired a 33,455-square-foot retail center in High Point. Located at 1800 N. Main St., the unanchored shopping center is roughly one mile west of High Point University. Tenants at the property include Company’s Coming, 98 Asian Bistro, Tea Time Boba Tea Lounge, Hair Kutts Salon, Still Waters Spa, TL Fitness and Q’s Corner. FrostPoint Capital is planning an extensive redevelopment that will pay tribute to the site’s former occupant, Lyles Chevrolet. This transaction marks FrostPoint Capital’s 14th acquisition in …
Greenacres, Fla. — Atlantic Commercial Group has arranged the $11.3 million sale of Barclay Square Shopping Center, a 78,000-square-foot retail center located in Greenacres. Situated at the intersection of 10th Ave. N. and Jog Road, the property is anchored by Tapatia Supermarket. Additional tenants include State Farm, Bicycle World, CVS Pharmacy, PPG Paint and Keller Williams Realty. This transaction marks the first time Barclay Square Shopping Center has been sold in 25 years. Gary Broidis of Delray Beach-based Atlantic Commercial Group represented the seller in the transaction. West Palm Beach-based Strategic …
Coachella, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sale of a newly constructed, 4,625-square-foot single-tenant retail property located in Coachella. A Circle K convenience store and gas station occupies the site on a 15-year, absolute triple-net-lease with 10 percent rental increase every five years. Bill Asher and Jeff Lefko of Hanley represented the seller and developer, Newport Beach, California-based Fountainhead Development, in the transaction. Aaron Bove of Marcus & Millichap’s San Diego office represented the 1031 exchange buyer, a San Diego-based private investor.
Braselton, Ga. — Conshohocken, Pennsylvania-based CenterSquare Investment Management has acquired Liberty Village, a 13,844-square-foot service retail shopping center located in Braselton, roughly 40 miles northeast of Atlanta. Built in 2025, the property was fully leased to tenants including Chicken Salad Chick, Tropical Smoothie Café, Chipotle, Papa Johns Pizza, Sage Dental and Tin Drum at the time of sale. This transaction marks CenterSquare’s 21st acquisition in the Southeast.
Fort Worth, Texas — Marcus & Millichap has brokered the sale of Fossil Creek at Alta Mesa, an 11,228-square-foot shopping center located within the master-planned community of Tavola Park in Fort Worth. Built in 2023, the property sits on 1.4 acres and was fully leased at the time of sale. Tenants at the center include Meza Pizza, REVFIT, Creek Liquor Wine & Cigar, Resort Nail Bar and Stretch Zone. Chris Gainey and Philip Levy of Marcus & Millichap’s Dallas office represented the seller, a Dallas–Fort Worth-based developer, in the transaction. The 1031-exchange …