Investment sales

Branson, Mo. — Marcus & Millichap has brokered the $9.1 million sale of Lakeside Shoppes at Branson Landing, a 30,763-square-foot retail strip center in Branson. Built in 2015, the property is located directly adjacent to Branson Landing, a $435 million waterfront development situated on 95 acres along the banks of Lake Taneycomo. Tenants at the center include Qdoba Mexican Grill, Tropical Smoothie Café, Cold Stone Creamery and Pappo’s Pizzeria & Pub. Chris Garavaglia, Alex Perez and Austin Sweet of Marcus & Millichap represented the seller, a limited liability company. The buyer …

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Eastchase-Market_Fort-Worth-Texas

Fort Worth, Texas — JLL Capital Markets has arranged the sale of Eastchase Market, a 261,730-square-foot shopping center in Fort Worth. Built in 1995, the property was 92 percent occupied at the time of sale to tenants including AMC Theatres, Ross Dress for Less, Spec’s, Big Lots, Harbor Freight Tools and Marshalls. Adam Howells, Barry Brown and Cole Sutter brokered the sale on behalf of the undisclosed seller. 

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La-Palma-Collection-La-Palma-CA

La Habra and La Palma, Calif. — DMI Real Estate Group has sold La Palma Collection and The Row on Harbor in California for a total of $25.5 million. The Row on Harbor in La Habra features 23,314 square feet of retail space. At the time of sale, the property was fully leased to 14 tenants, including EggBred, AkaFuji, Furai Chicken, Bodhi Leaf Coffee Traders, Code Ninjas and Club Pilates. A 1031 all-cash buyer acquired the property for $12.5 million. Located in La Palma, La Palma Collection features 23,882 square feet …

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Anchorage-Square_San-Francisco

San Francisco — BH Properties has acquired Anchorage Square, a 322,000-square-foot mixed-use property located in Fisherman’s Wharf in San Francisco. Built in 1974 and situated on 2.6 acres, the development features 63,000 square feet of retail space, as well as a 128-room hotel, 28,000 square feet of office space and a 685-space parking garage. The buyer plans to implement an extensive capital improvement program, which will include upgraded façades, landscaping, lighting, signage, wayfinding and tenant and common areas. The firm will also explore alternative uses for the office space such as …

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College-Square-Shopping-Center_Salisbury-Md

Salisbury, Md. — KLNB has brokered the $14.2 million sale of College Square Shopping Center in Salisbury. Tenants at the center, which was 97 percent leased at the time of sale, include Dollar Tree, BioLife Plasma, Ace Hardware and Planet Fitness. Chris Burnham, Vito Lupo, Andy Stape and Jake Furnary of KLNB’s Retail Capital Markets team arranged the sale on behalf of the seller, Rockford Capital Partners, which has owned the property since 2015. 

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Northeast-Plaza_Lumberton-N.C

Lumberton, N.C. — Legacy Realty Group Advisors has arranged the $7.1 million sale of Northeast Plaza, a 53,867-square-foot shopping center in Lumberton. Built in 2000, the property was leased to 10 tenants at the time of sale. Jacob Baruch of Legacy represented the undisclosed seller in the transaction. Lisa Schaefer of LRS Management represented the buyer. 

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New Orleans — SRSA Commercial Real Estate has arranged the sale of Algiers Plaza, a 228,000-square-foot shopping center located in New Orleans. Tenants at the property include Winn-Dixie, Walgreens, Ross Dress for Less, T.J. Maxx, Petco, Five Below and Chick-fil-A. Steve Reisig, Kirsten Early and Christopher Robertson Jr. of SRSA, along with Scott DeYoung and Jeff Conover of Faris Lee Investments, represented the seller, N3 Real Estate, in the transaction. 

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Houston — The Blue Ox Group has brokered the sale of Centre at Oak Park, a four-tenant retail center located in Houston. Tenants at the property include Jimmy Johns and Smart Financial Credit Union. Burdette Huffman of Blue Ox represented the seller in the transaction, and Gigi Wenjie Wang of The Sunet Group represented the buyer. 

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MacArthur-Park-Irving

Irving, Texas — A joint venture between Edens and CBRE Investment Management has purchased MacArthur Park, a 425,612-square-foot retail center in Irving. Target, Kroger, Office Depot, T.J. Maxx, Michaels, Ross Dress for Less and Ulta Beauty are anchor tenants at the center, which was built in 2001. 

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Mall-at-Fox-Run_Newington-N.H

Newington, N.H. — Morgan Stanley has sold Mall at Fox Run, a 250,000-square-foot mall located in Newington, to Torrington Properties. Tenants at the property include Seacoast Cars & Coffee, Aeropostale, American Eagle, Bath & Body Works, H&M, LOFT, Men’s Wearhouse and Yankee Candle. The buyer previously completed the $11.5 million purchase of a 130,400-square-foot vacant former Sears store at the property in October 2022 and has plans to transform the mall into a mixed-use development. 

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