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Doral Marketplace
FloridaGrocery-anchoredInvestment salesNews

Cushman & Wakefield Negotiates $83 Million Sale of Whole Foods-Anchored Center in Doral, Florida

by Abby Cox

Doral, Fla. — Cushman & Wakefield has negotiated the sale of Doral Marketplace, an 83,365-square-foot, newly constructed retail center located in Doral, a western suburb of Miami. According to multiple sources, the property sold for $83 million. Whole Foods Market anchors the property, which was fully leased at the time of sale. Other tenants include Ulta Beauty, Shake Shack, J. Crew and Warby Parker. Mark Gilbert, Adam Feinstein, and Mitchell Halpern of Cushman & Wakefield represented the seller, SJC Ventures, in the transaction. The buyer is a high-net-worth family office …

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The Hub at Bexley
FloridaInvestment salesNews

JLL Arranges Sale of 50,000-Square-Foot Neighborhood Center in Metro Tampa Bay, Florida

by Abby Cox

Land O’ Lakes, Fla. — JLL Capital Markets has arranged the sale of The Hub at Bexley, a 50,000-square-foot neighborhood center located within the Bexley master-planned community in Land O’ Lakes, approximately 20 miles north of Tampa. Delivered in 2023, The Hub at Bexley was fully leased to a mix of food-and-beverage, health and wellness and entertainment and service tenants such as BellaBrava, Stillwaters Tavern and TREK Bikes. The center also features a village-style design with a covered event stage, landscaped courtyards and outdoor seating. Additional tenants at the center …

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7-Eleven
Investment salesNewsTexas

Marcus & Millichap Brokers $7.3 Million Sale of Single-Tenant Retail Property in Alice, Texas

by Abby Cox

Alice, Texas — Marcus & Millichap has brokered the $7.3 million sale of a single-tenant retail property located in Alice, roughly 50 miles east of Corpus Christi. The newly built, 4,874-square-foot property is occupied by a 7-Eleven convenience store and gas station. Zack House, Mark Ruble and Chris Lind of Marcus & Millichap represented the buyer, an Arizona limited liability company, and coordinated with the seller, a Texas limited partnership.

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DevelopmentNewsRestaurants

Mokas Coffee & Eatery Signs Nine-Unit Deal in Missouri, Kansas

by Abby Cox

Salina, Kan. — Mokas Coffee & Eatery has signed a nine-unit franchise development deal in the Kansas City area with Cornerstone Hospitality, led by veteran entrepreneurs Brice Turner and Jeff Bennett. The deal includes six units across Clay and Jackson counties in Missouri, along with three additional development units outside the metro area in Derby, Garden City and Manhattan, Kansas. Active site selection is underway with a projected opening in 2027. Mokas Coffee & Eatery, which is part of the JRI Hospitality Group, operates seven locations in Kansas and Arizona.

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North-Point-Mall_Alpharetta
DevelopmentGeorgiaMixed-useNews

City of Alpharetta Approves North Point Mall Rezoning for Planned Hockey-Anchored Mixed-Use Village in Metro Atlanta

by Abby Cox

Alpharetta, Ga. — The Alpharetta City Council has approved the rezoning of North Point Mall, a shuttered 1.3 million-square-foot shopping mall that originally opened in 1993. The redevelopment is now zoned for the build-out of a mixed-use entertainment district that the development team hopes will attract a National Hockey League (NHL) team. The team behind the nearly 100-acre mixed-use district includes landowner New York Life Insurance Co., real estate development and placemaking firm Jamestown and specialty sports and entertainment development firm Machete Group. The design-build team includes HKS Architects and Kimley-Horn (civil …

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encinitas-retail-properties
CaliforniaInvestment salesNews

Marcus & Millichap Brokers $8.3 Million Sale of Two-Property Retail Portfolio in Metro San Diego

by Abby Cox

Encinitas, Calif. — Marcus & Millichap has brokered the sale of a two-property retail portfolio located at 548-568 S. Coast Highway 101 and 571 2nd St. in Encinitas, roughly 25 miles north of San Diego. The properties sold for a combined $8.3 million. The first property — 548-568 S. Coast Highway 101 — spans 5,698 square feet of retail space and includes five suites in two adjacent buildings. Adam Robinson of RAF Pacifica Group purchased the property for $4.7 million. The second property — 571 2nd St. — features 6,508 square …

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Temecula_Vail_Ranch
CaliforniaInvestment salesNews

Progressive Real Estate Arranges $6.5 Million Sale of Multi-Tenant Retail Building in Southern California

by Abby Cox

Temecula, Calif. — Progressive Real Estate Partners has arranged the $6.5 million sale of a multi-tenant retail building located within Vail Ranch Plaza in Temecula. Greg Bedell of Progressive represented the buyer, a Los Angeles-based private investor. Brian Bielatowicz, Ryan Bennett and Drew Olson of Lee & Associates represented the seller, another private investor. The 8,781-square-foot retail property was fully leased at the time of sale to tenants including Better Buzz Coffee, Orangetheory Fitness, Krak Boba and D’Or Nail Lounge. Vail Ranch Plaza is an open-air shopping center that is …

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porter-ranch-town-center
CaliforniaLeasingNews

Shapell Properties Signs Leases with Five New Tenants at Porter Ranch Town Center in Los Angeles

by Abby Cox

Los Angeles — Shapell Properties has signed leases with five new tenants at Porter Ranch Town Center, a 560,000-square-foot open-air center located in the northwestern region of the San Fernando Valley within the city of Los Angeles. The property’s expanding wellness and beauty tenants will comprise Heights Wellness Retreat, The Hydration Room, Perspire Sauna Studio, KV Lagree Studio and Sephora, which will serve as a new anchor addition at the development. Other tenants at the center include Walmart, Best Buy, Burlington, Ralphs, Petco, In-N-Out Burger, TGI Fridays and Chase Bank, among …

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Bend Hill Partners Rendering
DevelopmentNewsTennessee

Urban Story Ventures Announces $350 Million Retail, Residential District at The Bend Mixed-Use Development

by Abby Cox

Chattanooga, Tenn. — Urban Story Ventures has announced a new $350 million retail and residential district that will be joining The Bend, a 120-acre mixed-use riverfront development along the Tennessee River in downtown Chattanooga. The project is being delivered in partnership with Hill Partners and Perkins&Will. Construction is expected to begin in 2027, with an anticipated completion timeline for the fall of 2028. The new open-air district will feature a blend of restaurants, retail, office space and residential, as well as a $300 million amphitheater that is being developed by Venu …

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Campo-on-17th-Tustin-CA
CaliforniaDevelopmentInvestment salesNews

Burnham-Ward Properties Buys Retail Center in Tustin, California, Plans Mixed-Use Redevelopment

by Abby Cox

Tustin, Calif. — Burnham-Ward Properties has purchased Enderle Center, a retail center in the Orange County city of Tustin. The company will redevelop the center, rebrand it as Campo on 17th and introduce approximately 60,000 square feet of revitalized commercial space and 100 new for-sale townhome residences. Intracorp will handle the development. Located at East Seventeenth Street and Enderle Center Drive, Campo on 17th will keep retail as the primary use while adding landscaping, water features, fire pit areas and a town green designed for year-round community gatherings. The redevelopment will …

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