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Kiley Ranch concept
DevelopmentInvestment salesNevadaNews

Barclay Group Acquires Site in Nevada for $25.6 Million, Plans 400,000-Square-Foot Retail Center

by Abby Cox

Sparks, Nev. — Barclay Group has acquired a 46.7-acre site in Sparks for $25.6 million, with plans to develop the property into a 400,000-square-foot retail center. Dubbed Kiley Ranch Marketplace, the development will become the first new retail power center in Sparks since 2005. Phase I of the project is scheduled for completion in the fourth quarter of 2026. Shawn Smith and Sean Retzloff of Kidder Mathews represented both Barclay Group and the seller, KM2 Development, Inc., in the transaction. Kidder Mathews will also handle leasing for the project.

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Hazlet Town Center
Grocery-anchoredInvestment salesNew JerseyNews

CBRE Arranges $44 Million Sale of Shopping Center in Hazlet, New Jersey

by Abby Cox

Hazlet, N.J. — CBRE has arranged the $44 million sale of Hazlet Town Center, a 190,000-square-foot shopping center located in Hazlet, approximately 40 miles outside New York City. The center — which is anchored by ALDI — was 90 percent leased to tenants including Burlington and Urban Air at the time of sale. The center also features a Wawa outparcel, which was not included in the sale. Jeffrey Dunne, David Gavin and Travis Langer of CBRE  represented the seller, OASG Hazlet LLC, an affiliate of Onyx Equities, in the 1031-exchange transaction. …

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Reisterstown Shopping Center
DevelopmentLeasingMarylandNews

Greenberg Gibbons Completes Expansion at Reisterstown Shopping Center in Maryland

by Abby Cox

Reisterstown, Md. — Greenberg Gibbons has completed the expansion of a retail building, which now totals 15,000 square feet, at Reisterstown Shopping Center, a 167,212-square-foot shopping center located in the Baltimore suburb of Reisterstown. The retail building includes an 11,076-square-foot renovated Advance Auto Parts, which is now open. Two additional tenants at the building — Jersey Mike’s Subs and Quickway Japanese Hibachi — will open this fall. Other tenants at Reisterstown Shopping Center include Lidl, Big Lots, Walgreens, Planet Fitness, Starbucks Coffee, Chick-fil-A, Bank of America, Wells Fargo and Dollar Tree. …

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Carriage Place Shopping Center
LeasingNewsOhio

First National Realty Signs Three Leases at Carriage Place Shopping Center in Ohio

by Abby Cox

Columbus, Ohio — First National Realty Partners (FNRP) has signed three leases at Carriage Place Shopping Center, a 280,910-square-foot shopping center located in Columbus, bringing the center to 99 percent occupancy. The leases are with tenants Fun City Adventure Park, Pet Supplies Plus and Port of Peri Peri. Fun City Adventure Park — which occupies 35,540 square feet — opened at the property in 2024, replacing a Cinemark theater. Restaurant chain Port of Peri Peri is expected to open at the end of 2025, and Pet Supplies Plus is set …

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AlabamaGeorgiaInvestment salesLeasingNewsRestaurants

Secure Properties Acquires 12-Property Burger King Portfolio for $20 Million

by Abby Cox

Georgia and Alabama — Secure Properties has acquired a 12-property portfolio of Burger King-occupied restaurants across Georgia and Alabama for $20 million. The properties are leased to four tenants — including three franchisees and Burger King Corp., which operates four of the properties. Each of the properties is occupied on a long-term, triple-net-lease basis.

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Lone Oak Shopping Center
Grocery-anchoredInvestment salesNewsTexas

Sembler Company, Forge Capital Partners Acquire 104,485-Square-Foot Retail Center in San Antonio

by Abby Cox

San Antonio — The Sembler Co. and Forge Capital Partners have acquired Lone Oak Shopping Center, a 104,485-square-foot retail center located in San Antonio. The partnership purchased the property for an undisclosed price through its Forge Real Estate Partners V (FREP) investment fund. The retail center — which was fully leased at the time of sale — is anchored by an H-E-B grocery store. Additional tenants at the property include Citi Trends, Hibbett Sports, The Smile Center, H&R Block, Metro by T-Mobile, Little Caesars and Ace Cash Express. Sembler Co. …

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Shops at Bay City Point
FloridaInvestment salesNews

Marcus & Millichap Arranges $8.2 Million Sale of Retail Center in Panama City, Florida

by Abby Cox

Panama City, Fla. — Marcus & Millichap has arranged the $8.2 million sale of Shops at Bay City Point, a 21,540-square-foot retail center located in Panama City. Built in 2023, the center is part of the larger 24-acre Bay City Point retail development. Tenants at the property — which was fully leased at the time of sale — include Xfinity, The Vitamin Shoppe, Smile Doctors Orthodontists and Chicken Salad Chick. Shops at Bay City Point is situated across from the former Panama City Mall, a 600,000-square-foot site currently undergoing a …

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South Willow Shops
Investment salesNew HampshireNews

Horvath & Tremblay Brokers $5.2 Million Sale of Shopping Center in Manchester, New Hampshire

by Abby Cox

Manchester, N.H. — Horvath & Tremblay has arranged the $5.2 million sale of South Willow Shops, a 9,869-square-foot retail center located in Manchester, approximately 18 miles south of Concord. Originally built in 1988, the property is fully leased to four tenants including Chipotle Mexican Grill, Mattress Firm, Hannoush Jewelers and The Great Greek Mediterranean Grill. All tenants at the center operate on net leases with scheduled rent increases. Bob Horvath, Todd Tremblay and Aaron Huntley of Horvath & Tremblay represented the seller and procured the buyer in the transaction.

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Village North
DevelopmentGrocery-anchoredNewsOhio

Partnership Breaks Ground on 90,000-Square-Foot Retail Development in Metro Cincinnati

by Abby Cox

West Chester Township, Ohio — A partnership between Sansone Group and Clous Road Partners has broken ground on Village North, a 90,000-square-foot retail project in West Chester Township, approximately 17 miles north of Cincinnati. Upon completion, the 12.6-acre development will feature five buildings and be anchored by a 40,000-square-foot Whole Foods Market. Buffalo Construction is serving as the general contractor, and Cushman & Wakefield will manage leasing for the project. Village North is scheduled to open in 2026.

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