Investment sales

6770 North Brawley Ave.

Fresno, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $4.6 million sale of a 7,052-square-foot multi-tenant retail pad located at 6770 North Brawley Ave. in Fresno. A Dutch Bros Coffee drive-thru anchors the property, which is situated within the River Oak Plaza shopping center. Built in 2019 on 1.3 acres, the building is fully leased to four additional tenants including West Coast Sourdough, WaBa Grill, Sport Clips and Organic Nails & Spa. Sean Cox and Bill Asher of Hanley represented the seller, California Gold Development Corp., in the …

0 FacebookTwitterLinkedinEmail
stephanie mccullough florida retail SRS quote from article

Florida’s nation-leading population growth and its pro-business reputation continue to underpin retail investment and expansion activity. Vacancy rates in the state’s major metros range from 3.1 percent in Miami to 4.6 percent in Jacksonville, all well below their historical averages, according to CoStar. Investment sales in the markets during the first half of 2025 totaled around $2.5 billion, and each market except for Orlando saw an increase in year-over-year sales, CoStar reports. “Whether it’s buyers of retail properties or retailers looking to open up new locations, they’re all descending on …

0 FacebookTwitterLinkedinEmail
Jewel-Osco grocery store

San Diego, Calif. — Kidder Mathews has arranged the $75.9 million sale of a 10-property, single-tenant net leased retail portfolio totaling 322,304 square feet. The portfolio spans five states — including Colorado, Illinois, Nevada, Texas and Wisconsin — and features five Albertsons-guaranteed grocery stores, four auto service centers and one Dutch Bros Coffee shop. Paul Danker of Kidder, along with Scott Reid of Parasell Inc. and John Nesbitt, Kristen Zimmerman and Remy Tams of Designated Broker Solutions, represented the seller, a private investor.

0 FacebookTwitterLinkedinEmail
Miramar Parkway Plaza

Miramar, Fla. — Berger Commercial Realty has negotiated the $34 million sale of Miramar Parkway Plaza, a 159,628-square-foot retail center in Miramar near Hard Rock Stadium. Located at 3102-3300 University Drive, Presidente Supermarket anchors Miramar Parkway Plaza, which sits on roughly 14 acres. Additional tenants include McDonald’s, Foot Locker, AutoZone, Subway, Moby’s and Little Caesar’s. The center includes multiple outparcels and a second-story office component, as well as a recently constructed 10,000-square-foot retail component. Lawrence Oxenberg of Berger Commercial represented the buyer, LSG2 Miramar Parkway Plaza LLC, an affiliate of Longpoint …

0 FacebookTwitterLinkedinEmail
Eden Square

Bear, Del. — Atlanta-based The Lenox Group has purchased Eden Square, a 230,255-square-foot shopping center located in Bear, approximately 10 miles south of Wilmington. Giant Food anchors the center, which was 98 percent leased at the time of sale. Additional tenants include LA Fitness, Gabe’s, Citi Trends, Dollar Tree, Starbucks Coffee and Fulton Bank. Eden Square has secured 31,238 square feet of new leases, as well as 20,360 square feet of tenant renewals in the past three years. Jim Galbally, Jordan Lex, Patrick Higgins and Daniel Naughton of JLL’s Investment …

1 FacebookTwitterLinkedinEmail
The Shops at Atlas Park

New York City — Locally based Ashkenazy Acquisition Corp. has acquired The Shops at Atlas Park, a 374,000-square-foot mixed-use lifestyle center located in the Glendale neighborhood of Queens. Regal Cinemas, T.J. Maxx, HomeGoods, Ulta Beauty and NY Sports Club anchor the center, which opened in 2006. Additional tenants include California Pizza Kitchen, Foot Locker, T-Mobile, The UPS Store, Five Below, Starbucks Coffee and Cold Stone Creamery. Along with retail, dining and entertainment offerings, The Shops at Atlas Park also includes a 10,000-square-foot green space for community events and 52,000 square …

0 FacebookTwitterLinkedinEmail
Sandy Plains Village

Roswell, Ga. — Matthews Real Estate Investment Services has facilitated the $25 million sale of Sandy Plains Village, a 174,175-square-foot community retail center located in the Atlanta suburb of Roswell. Positioned along the Ga. Highway 92 corridor, Sandy Plains Village comprises two single-story, multi-tenant retail buildings, as well as three single-tenant outparcels that house Lucia’s Italian, Dunkin’ and The Flippin’ Chicken. The property also features an 18,625-square-foot mixed-use strip complex named Sandy Plains Village II. Painted Tree Boutiques, Movie Tavern and Dollar Tree anchor the property. Approximately 15,000 square feet …

0 FacebookTwitterLinkedinEmail

Pleasanton, Texas — Headwall Investments has sold Gorman Plaza, an 18,000-square-foot retail center in Pleasanton, roughly 36 miles south of San Antonio. Situated along Texas State Highway, the center was 89 percent leased to a mix of tenants including Hibbett Sports, Wingstop, James Avery, Papa Johns Pizza and AT&T at the time of sale. Originally built in 2015, the property sits on 3 acres, according to LoopNet Inc. The buyer and sales price were not released. Since acquiring Gorman Plaza in 2020, Headwall’s portfolio has grown to span the four major metros …

0 FacebookTwitterLinkedinEmail

Brooklyn, N.Y. — Blue Owl Capital has provided $41.3 million in financing for the acquisition of The Shops at Front & York, the 150,000-square-foot retail component of the larger Front & York mixed-use development. Situated in Brooklyn’s DUMBO neighborhood and built in 2021, The Shops at Front & York is anchored by LifeTime Fitness and spans an entire city block. Max Ralby and Jordan Roeschlaub of Newmark secured the single-source, fixed-rate financing on behalf of the borrowers, Namdar Realty Group and Klosed Properties.

0 FacebookTwitterLinkedinEmail
Paddock Mall_Sears

Chattanooga, Tenn. — Chattanooga-based CBL Properties has acquired four enclosed regional malls from Washington Prime Group for $178.9 million. The properties include Ashland Town Center in Ashland, Kentucky; Mesa Mall in Grand Junction, Colorado; Paddock Mall in Ocala, Florida; and Southgate Mall in Missoula, Montana. CBL says it is focused on owning and managing successful enclosed malls in dynamic and growing middle markets. The deal suggests mall recovery extends beyond luxury properties, driven by limited retail construction since 2008, according to The Wall Street Journal. Ashland Town Center is a single-level …

0 FacebookTwitterLinkedinEmail