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City-Center-Crossing
GeorgiaGrocery-anchoredInvestment salesNews

JLL Negotiates $20.8 Million Sale of City Center Crossing in Metro Atlanta

by Abby Cox

Sandy Springs, Ga. — JLL Capital Markets has negotiated the $20.8 million sale of City Center Crossing, a 98,408-square-foot grocery-anchored shopping center in the Atlanta suburb of Sandy Springs. The center, which was fully leased at the time of sale, is home to a mix of tenants including a CHEF’STORE grocery store, Planet Fitness, Goldfish Swim School, Ready. Set. Fun., Hudson Grille and GolfTec. Henry Schaffer, Gregg Shapiro and Hunter Goldberg of JLL represented the buyer, Crosspoint Associates, in the transaction. Jim Hamilton, Brad Buchanan, Andrew Michols and Charlie Merrigan, also …

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North-Reno-Plaza
FinanceGrocery-anchoredNevadaNews

Gantry Arranges $17.8 Million in Refinancing for Grocery-Anchored Center in Reno, Nevada

by Abby Cox

Reno, Nev. — Gantry has arranged a $17.8 million permanent loan to refinance North Reno Plaza, a 130,000-square-foot neighborhood center in Reno. Tony Kaufmann and Alex Poulos of Gantry represented the borrower, a private real estate investor, in securing the five-year, fixed-rate loan through one of Gantry’s lenders, which features a 30-year amortization schedule. The new loan will retire the construction debt Gantry previously arranged for the borrower for the 2024 repositioning of North Reno Plaza. The recent renovation features various center improvements, including the addition of several new tenants such …

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Millburn-Village
FinanceNew JerseyNews

Ameritas Investment Corp. Provides $13.5 Million in Refinancing for Millburn Village in Vauxhall, New Jersey

by Abby Cox

Vauxhall, N.J. — Ameritas Investment Corp. has provided a $13.5 million loan for the refinancing of Millburn Village, a 71,177-square-foot shopping center in Vauxhall. Ryan Carroll, Tyler Caricato and Caleb Henry of JLL arranged the three-year, fixed-rate loan on behalf of the borrower, Lightstone. Tenants at Millburn Village include Walgreens, Staples and Five Guys, among others. Lightstone originally acquired Millburn Village in 2003.

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Firestone-Easley-SC
Investment salesNewsSouth Carolina

Marcus & Millichap Brokers Sale of Single-Tenant Retail Property in Easley, South Carolina

by Abby Cox

Easley, S.C. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a newly built, 5,798-square-foot retail property in Easley, roughly 12 miles west of Greenville. Firestone, a subsidiary of Japanese tire manufacturer Bridgestone, occupies the building on a 15-year, triple-net, corporate-guaranteed lease that features 5 percent rent increases every five years. A preferred developer for Firestone sold the property to a 1031 exchange buyer. Don McMinn and Andrew Koriwchak of Taylor McMinn Retail Group represented the seller in the transaction, which marks the team’s 21st new-construction Firestone …

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Smalls-Sliders
DevelopmentNebraskaNewsRestaurants

Smalls Sliders to Open Four Restaurants in Nebraska

by Abby Cox

Lincoln and Omaha, Neb. — Atlanta-based cheeseburger slider concept Smalls Sliders has signed a franchise agreement to open four new restaurants, dubbed “Cans,” in Lincoln and Omaha. Smalls Sliders plans to debut the first of its four Cans in 2026, with development site selections underway. Founded in 2019, Smalls Sliders currently has 375 Cans open or under development and is active across 30 states. 

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Westbury Square
AlabamaInvestment salesNews

JLL Income Property Trust Acquires Westbury Square Shopping Center in Huntsville for $32 Million

by Abby Cox

Huntsville, Ala. — JLL Income Property Trust has acquired Westbury Square, a 115,000-square-foot shopping center located in Huntsville, for $32 million. Tenants at the center, which was fully leased at the time of sale, include T.J. Maxx, Michaels, Stein Mart, Metro Diner, Chicken Salad Chick, Captain D’s, BB&T, Moe’s Southwest Grill, Jenny Craig, Jimmy John’s and Cricket Wireless. Cushman & Wakefield brokered the transaction on behalf of the undisclosed seller.

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Northpark-Village
Grocery-anchoredInvestment salesNewsTexas

Dunhill Partners Acquires Two Grocery-Anchored Shopping Centers Totaling 220,938 Square Feet in Texas

by Abby Cox

Lubbock and Brownwood, Texas — Dunhill Partners has acquired two grocery-anchored retail centers in Texas. Spanning 220,938 square feet, the portfolio includes Northpark Village in Lubbock and Commerce Square in Brownwood. Chris Gerard and Adam Howells of JLL represented the seller, Phillips Edison & Co., in the transaction. Anchored by United Supermarkets, Northpark Village totals 70,479 square feet across 5.5 acres. Commerce Square, which consists of 150,459 square feet, is anchored by Aldi and features a mix of other national tenants such as T.J. Maxx, Boot Barn, Harbor Freight, Buffalo …

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Sunset Ridge Shopping Center at San Antonio
Investment salesNewsTexas

Joint Venture Buys 102,803-Square-Foot Sunset Ridge Shopping Center in San Antonio

by Abby Cox

San Antonio — A joint venture between Headwall Investments and Fifth Corner has acquired Sunset Ridge Shopping Center, a 102,803-square-foot neighborhood center in San Antonio. Tenants include Great Clips, Sola Salons, Boss Bagels, CVS Pharmacy, Orangetheory Fitness, Massage Envy and Baskin Robbins. Originally built in 1951, this transaction marks the first time Sunset Ridge Shopping Center has been sold since 2003. Casey Kopecky of Ironwood Real Estate represented the seller.

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Victorville-Pavilion-CA
CaliforniaInvestment salesNews

Progressive Real Estate Partners Brokers $6.1 Million Sale of Retail Center in Victorville, California

by Abby Cox

Victorville, Calif. — Progressive Real Estate Partners has arranged the $6.1 million sale of Victorville Pavilion, a 11,618-square-foot multi-tenant retail property in Victorville, approximately 35 miles northeast of San Bernardino. Built in 2004, Victorville Pavilion was fully occupied at the time of sale to tenants such as T-Mobile, OneMain Financial, Armed Forces Career Center and Joe Orthodontics. Lance Mordachini of Progressive Real Estate Partners represented the seller, a private investor, while Vince Provenzano and Michael Sikorski of Pacific Coast Commercial represented the buyer, San Diego-based private investor, in the transaction.

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LeasingMixed-useNewsOhio

Four New Tenants to Join Easton Town Center in Columbus, Ohio

by Abby Cox

Columbus, Ohio — Four new tenants have signed leases to join Easton Town Center, a 1,300-acre mixed-use project under development in Columbus. Furniture and home décor retailer Joybird has already opened at the property. SKIMS, Portland Leather and Windsor are also scheduled to join the lineup, while existing tenant Abercrombie & Fitch is expanding its store. Managed and leased by Steiner + Associates, Easton Town Center’s most recent expansion includes 140,000 square feet of entertainment, restaurant, hotel and retail offerings, as well as 125,000 square feet of new office space. Tenants …

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