Kentucky

Hopkinsville, Ky. — Berkeley Capital Advisors has arranged the sale of Park Plaza, a 116,611-square-foot retail center located in Hopkinsville, in the southwest part of the state. Park Plaza was 98 percent leased at the time of sale to tenants including Big Lots, Planet Fitness and Dollar General. Addison Montague, Rad von Werssowetz and Morgan Hall of Berkeley represented the undisclosed sellers in the transaction.

Hopkinsville, Ky. — Fimiani Development Corp. has acquired Pennyrile Marketplace, an 85,000-square-foot shopping center located at 3010 Fort Campbell Blvd. in Hopkinsville. Seritage KMT Finance sold the property for $3.8 million. Built in 1978, Pennyrile Marketplace sits on 12 acres near the Fort Campbell Army base and houses tenants including Harbor Freight Tools, Bargain Hunt and Farmers Home Furniture. Mike Fimiani represented the buyer in the transaction on an internal basis, and Marc Ozburn and Ross Robison of Berkeley Capital Advisors represented the seller. Fimiani Development plans to make renovations …

Newport, Ky. — BC Wood Properties has purchased two retail centers in Newport, a suburb of Cincinnati. The adjacent assets, Newport Shopping Center and Newport Plaza, total 429,399 square feet. Newport Shopping Center’s tenant roster includes Newport Racing & Gaming, Crunch Fitness, Family Dollar, Dollar General, Cricket Wireless, H&R Block and GNC. Newport Plaza’s tenants include Fresh Thyme, Planet Fitness, Ace Hardware and Dollar Tree. Both centers also house several locally based stores and restaurants. BC Wood acquired the centers via its investment vehicle BC Wood Real Estate Fund III. The …

Georgetown, Ky. — Stan Johnson Co. has arranged the $15 million sale of Washington Square, a 122,554-square-foot shopping center located at 1002 Lexington Road in Georgetown. Ryan Roedersheimer of Stan Johnson Co.’s Cincinnati office represented the seller, a Lexington-based investment firm, in the transaction. The buyer is a private investment firm based in Austin. Washington Square was built in 1972 and is situated on a heavily trafficked corner spanning 13.9 acres about 10 miles north of Lexington. The property was fully leased at the time of sale to tenants including anchor …

Morgantown, Ky. — Newmark has arranged the $1.4 million sale of a single-tenant retail property leased to Advance Auto Parts in Morgantown. The 6,895-square-foot building was acquired by a private 1031 investor. Matt Berres, Samer Khalil and Karick Brown of Newmark’s Irvine, California, office represented the seller, an undisclosed private developer, and procured the buyer in cooperation with Newmark’s Joseph Steffner.

Lexington, Ky. — SVN | Stone Commercial Real Estate has brokered $5.8 million sale of Todds Center, a 30,418-square-foot shopping center located on Man O’ War Blvd. in Lexington. Matt Stone and Neal Metcalfe of SVN | Stone Commercial Real Estate represented the undisclosed seller in the transaction. Jamie Adams and J.L. Cannady of NAI Isaac represented the undisclosed buyer of the property. SVN Stone Commercial Real Estate has managed and leased the shopping center for the past eight years.