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Spring Creek Centre
ArkansasInvestment salesNews

Cohen & Steers Acquires 403,000-Square-Foot Shopping Center Complex in Fayetteville, Arkansas 

by Hayden Spiess

Fayetteville, Ark.  — An affiliate of Cohen & Steers has acquired a two-property, open-air shopping center complex located in Fayetteville, located in the northwest portion of Arkansas near the Oklahoma and Missouri borders.  Totaling 403,000 square feet, the complex comprises the retail centers Spring Creek Centre and Steele Crossing. Tenants at the properties include T.J. Maxx, Ulta Beauty, Best Buy, Old Navy, PetSmart and Kohl’s. The centers also feature corporately owned Walmart, The Home Depot and Target stores. At the time of sale, the centers were 95 percent occupied.  DLC Management …

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CVS_Norman-Okla
Investment salesNewsOklahoma

Boulder Group Negotiates $3.7 Million Sale of Single-Tenant Retail Property in Oklahoma

by Hayden Spiess

Norman, Okla. — The Boulder Group has negotiated the $3.7 million sale of a single-tenant retail property located in Norman. CVS/pharmacy occupies the building, which is situated adjacent to a regional hospital. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the California-based buyer in the transaction. 

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Investment salesMassachusettsNews

Atlantic Capital Partners Arranges Sale of 38,243-Square-Foot Shopping Center in Metro Boston

by Hayden Spiess

Burlington, Mass. — Atlantic Capital Partners has arranged the sale of Middlesex Marketplace, a 38,243-square-foot shopping center in Burlington, a northern suburb of Boston. Built in 2013, the property was 89 percent leased at the time of sale. Tenants at the center include Smith & Wollensky, Visionworks, Ideal Image and AFC Urgent Care. Justin Smith, Chris Peterson and Matt Ericson of Atlantic Capital Partners represented the seller and procured the buyer in the transaction.

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Retail-Property_Apollo-Beach-Fla
FloridaInvestment salesNews

SRS Brokers $5 Million Sale of Retail Property in Apollo Beach, Florida

by Hayden Spiess

Apollo Beach, Fla. — SRS Real Estate Partners has brokered the $5 million sale of a newly developed retail property located in Apollo Beach. Two tenants, GoodVets and First Watch, fully occupy the building, which totals 7,000 square feet. Patrick Nutt, William Wamble and Daniel Becker of SRS represented the Florida-based seller in the transaction. 

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ArizonaCaliforniaCompany newsEntertainmentFinanceInvestment salesNevadaNewsTexasVirginia

Dollar Tree Acquires Designation Rights for 170 Leases of 99 Cents Stores

by Hayden Spiess

Chesapeake, Va. — Dollar Tree Inc. has acquired designation rights for 170 leases of 99 Cents Only Stores, following the latter’s Chapter 11 bankruptcy filing. 99 Cents Only Stores filed for bankruptcy in April and is disposing of its assets — including inventory, owned real estate and store leases — as part of the process. Dollar Tree acquired the leases, as well as the North American intellectual property of 99 Cents and select onsite furniture, fixtures and equipment, in two separate transactions this month. “This was an attractive opportunity to secure …

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Investment salesLeasingMinnesotaNews

Life Time Completes $40 Million Sale-Leaseback Transaction 

by Hayden Spiess

Chanhassen, Minn. — Minnesota-based Life Time Group Holdings, which operates more than 170 fitness centers throughout the U.S. and Canada, has completed a $40 million sale-leaseback transaction at one of its locations. The property was acquired by an institutional real estate investor that owns another Life Time facility. The proceeds will be used to “support growth and strengthen [Life Time’s] balance sheet,” according to a press release issued by the company. 

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Brakes-Plus_Killeen-Texas
Investment salesNet leaseNewsTexas

Hanley Brokers Sale of Two Single-Tenant Properties in Texas

by Hayden Spiess

Killeen and North Richland Hills, Texas — Hanley Investment Group Real Estate Advisors has brokered the sale of two single-tenant properties in Texas in separate transactions. Brakes Plus occupies both properties, which are located in Killeen and North Richland Hills, on a net-lease basis. Both leases feature a corporate guarantee by Mavis Tire Express Services Corp. Built in 2023, the Killeen property totals 4,900 square feet on a 1-acre parcel. Matt Montagne, Maxwell Watson and Tyler Ellinger of Sands Investment Group represented the seller, a Los Angeles-based private investor. The North …

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CVS_Lakeland-Fla
FloridaInvestment salesNews

Marcus & Millichap Brokers $4.5 Million Sale of CVS-Occupied Property in Lakeland, Florida

by Hayden Spiess

Lakeland, Fla. — Marcus & Millichap has brokered the $4.5 million sale of a single-tenant retail property located in Lakeland. CVS/pharmacy occupies the building, which comprises 12,738 square feet. Ronnie Issenberg and Ricardo Esteves of Marcus & Millichap represented the buyer, a Florida-based private investor, in the transaction.

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