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Smalls Sliders
DevelopmentKentuckyNewsRestaurantsTennessee

Smalls Sliders Signs Four-Unit Franchise Agreement Across Kentucky, Tennessee

by Abby Cox

Atlanta — Atlanta-based cheeseburger slider concept Smalls Sliders has signed a franchise agreement to open four new units across Kentucky and Tennessee, marking the brand’s second appearance in both states. Entrepreneur Matthew Robinson will own and operate the restaurants, which are dubbed “Cans.” Following recent multi-unit deals in Lexington, Kentucky, and Knoxville, Tennessee, Smalls Sliders’ newest locations will include Cans in Bowling Green, Kentucky, and three other locations throughout Clarksville and Henderson, Tennessee. The first of the four restaurants is anticipated to open next year. Founded in 2019, Smalls Sliders has …

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Westport Village
Investment salesKentuckyNews

Berkeley Capital Advisors Negotiates $39 Million Sale of Westport Village Shopping Center in Louisville

by Abby Cox

Louisville, Ky. — Berkeley Capital Advisors has negotiated the sale of Westport Village, a 170,249-square-foot shopping center located in Louisville. An affiliate of Richmond, Virginia-based Hackney Real Estate Partners purchased the center from an affiliate of Savannah, Georgia-based Wicker Park Capital Management for $39 million. David Webb, Alex Quarier and Alex McDonald of Berkeley Capital Advisors represented the seller in the transaction. Situated on 13.4 acres roughly 10 miles west of downtown, Westport Village houses 45 tenants, including Apricot Lane Boutique, Bend and Zen Hot Yoga, BoomBozz Pizza & Watch …

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Dollar General
Investment salesKentuckyNews

Marcus & Millichap Brokers $3.6 Million Sale of Two-Property Retail Portfolio in Bowling Green, Kentucky

by Abby Cox

Bowling Green, Ky. — Marcus & Millichap has brokered the $3.6 million sale of a two-property Dollar General portfolio in Bowling Green. Each retail property occupies 10,640 square feet on a 15-year corporate guaranteed lease with Dollar General Corp. Don McMinn and Andrew Koriwchak of Marcus & Millichap represented the seller, a Kentucky-based developer. Grant Fitzgerald was Marcus & Millichap’s broker of record in Kentucky. 

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North Park Marketplace
Investment salesKentuckyNews

Palomar Group Facilitates Sale of 46,647-Square-Foot Retail Center in Lexington, Kentucky

by Abby Cox

Lexington, Ky. — The Palomar Group has facilitated the sale of North Park Marketplace, a 46,647-square-foot retail center located in Lexington. Ross Dress for Less anchors the property, which was 97 percent leased at the time of sale. Additional tenants include Rainbow Southeast Leasing, GameStop, Domino’s Pizza, Sally Beauty Supply and Sprint. An Arby’s outparcel is also located at the site. Steve Collins of The Palomar Group represented the seller, an affiliate of Yale Realty Services, in the transaction. The buyer was a Delaware Statutory Trust investor group.

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Paddock Mall_Sears
ColoradoCompany newsFloridaInvestment salesKentuckyMallsMontanaNews

CBL Properties Acquires Four Enclosed Malls from Washington Prime Group for $178.9 Million

by Abby Cox

Chattanooga, Tenn. — Chattanooga-based CBL Properties has acquired four enclosed regional malls from Washington Prime Group for $178.9 million. The properties include Ashland Town Center in Ashland, Kentucky; Mesa Mall in Grand Junction, Colorado; Paddock Mall in Ocala, Florida; and Southgate Mall in Missoula, Montana. CBL says it is focused on owning and managing successful enclosed malls in dynamic and growing middle markets. The deal suggests mall recovery extends beyond luxury properties, driven by limited retail construction since 2008, according to The Wall Street Journal. Ashland Town Center is a single-level …

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Cumberland Crossing
Investment salesKentuckyNews

Marcus & Millichap Brokers $5.9 Million Sale of Cumberland Crossing in Monticello, Kentucky

by Abby Cox

Monticello, Ky. — Marcus & Millichap has brokered the $5.9 million sale of Cumberland Crossing, a 94,366-square-foot shopping center located in Monticello. Situated on roughly 16 acres, Cumberland Crossing was 86 percent leased to tenants including Marshalls, Five Below, Farmers Home Furniture, Dollar Tree and Great Clips at the time of sale. Walmart, which has operated at the site since 2001, shadow anchors the property. Zach Taylor and Eric Abbott of Marcus & Millichap represented the seller in the transaction. Grant Fitzgerald was the firm’s broker of record in Kentucky.

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Greenwood Mall
Company newsKentuckyLeasingNews

Centennial to Manage Greenwood Mall in Bowling Green, Kentucky

by Abby Cox

Bowling Green, Ky. — Dallas-based Centennial has been selected to provide management and leasing services for Greenwood Mall, an 851,576-square-foot regional mall in Bowling Green. Greenwood Mall, which is currently in receivership, will remain open and operational throughout the management transition. Greenwood Mall features more than 80 tenants such as Dillard’s, JCPenney, Belk, American Eagle, Bath & Body Works, Hibbett Sports, Victoria’s Secret, Suki Hana Japan, Subway, Sbarro, Auntie Anne’s and Cinnabon, as well as a 12-screen Regal Cinemas movie theater. Centennial currently operates 23 million square feet of mixed-use developments …

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Del Taco
Company newsDevelopmentKentuckyNews

Del Taco Signs Five-Unit Franchise Agreement in Louisville, Kentucky

by Abby Cox

Louisville, Ky. — Mexican-American quick-service restaurant chain Del Taco has signed a franchise agreement to open five new units in Louisville. Local restaurant operator Karan Pandher will lead the development and management of all five Del Taco restaurants. The new restaurants will include a refreshed layout and design, featuring dual drive-thru lanes and pickup lockers for orders placed via the Del Taco app or third-party food providers. This franchise agreement marks Del Taco’s entry into Louisville. The exact locations for the new restaurants haven’t been confirmed, but the brand anticipates the …

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Summit Fritz Farm
Investment salesKentuckyMixed-useNewsRestaurantsRetailers

Hendricks Commercial Properties Acquires Summit at Fritz Farm Mixed-Use Development in Lexington, Kentucky

by Abby Cox

Lexington, Ky. — Hendricks Commercial Properties, a Wisconsin-based development and investment firm, has acquired The Summit at Fritz Farm, a mixed-use development in Lexington that opened in 2017. The project features a collection of more than 60 shops and restaurants that sit below modern offices and The Henry apartments. Some components of the project that were not included in the sale include the Origin Lexington hotel and a 192-unit seniors housing community, Legacy Reserve at Fritz Farm. Hendricks did not disclose the sales price or specific aspects of the acquisition beyond …

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Kentucky Smalls Sliders
Company newsKentuckyNewsRestaurants

Smalls Sliders Signs Four-Unit Franchise Agreement in Kentucky

by Abby Cox

Lexington, Ky. — Cheeseburger slider concept Smalls Sliders has signed a franchise agreement to open four new units in Kentucky — dubbed Cans — marking its introduction to the state. Local entrepreneur Bradley Scott and his team will own and operate the restaurants. Founded in 2019, Atlanta-based Smalls Sliders currently has 350 Cans open or under development and is active across 30 states. The first of the four restaurants is scheduled to open in early 2026, according to a company representative.

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