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Easton Gateway
LeasingNewsOhio

Five New Tenants Join Easton Gateway in Columbus, Ohio

by Abby Cox

Columbus, Ohio — Five new tenants have signed leases at Easton Gateway, a 650,000-square-foot retail property located in Columbus. Sí Señor, SITKA Gear and SuitShop have already opened at the property, and Carhartt and Bareburger are also scheduled to join the lineup. Other tenants at the center include Whole Foods Market, Costco, Dick’s Sporting Goods, J. Alexander’s Restaurant, Fusion, Chuy’s and The Container Store. Developed in 2014, Easton Gateway is situated within the 1,300-acre Easton Town Center mixed-use development.

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Exton Square
Investment salesNewsPennsylvania

JLL Brokers $34.3 Million Sale of Shopping Center in Exton, Pennsylvania

by Abby Cox

Exton, Pa. — JLL Capital Markets has brokered the $34.3 million sale of Exton Square, a 990,000-square-foot super-regional shopping center located in the Philadelphia suburb of Exton. Abrams Realty & Development acquired the property from PREIT. Originally built in 1973, the 75-acre center was renovated in 2000. The property — which is shadow anchored by Whole Foods Market — features tenants including Boscov’s, Macy’s, Main Line Health and Round1 Entertainment. Jim Galbally, David Monahan, Patrick Higgins and Fran Coyne of JLL represented the seller in the transaction.

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James Livingston Centre
Investment salesNewsOhio

American Commercial Realty Obtains 215,000-Square-Foot Retail Portfolio in Columbus, Ohio

by Abby Cox

Columbus, Ohio — American Commercial Realty (ACR) has obtained a retail portfolio totaling approximately 215,000 square feet across seven shopping centers in Columbus. The properties include Village Centre, Beechcroft Centre, James Livingston Centre, Main Hamilton Centre, 5156 E. Main St. Centre, Wyandotte Centre and McNaughten Center. Alex Marsh of The Robert Weiler Co. will manage leasing at the properties on behalf of the new ownership.

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The Station at Riverdale Park
Grocery-anchoredInvestment salesMarylandMixed-useNews

First Washington Realty Acquires 163,000-Square-Foot Shopping Center in Riverdale Park, Maryland

by Abby Cox

Riverdale Park, Md. — First Washington Realty has acquired a 163,000-square-foot shopping center in the Washington, D.C. suburb of Riverdale Park. The shopping center, which is situated within the mixed-use district of The Station at Riverdale Park, is anchored by Whole Foods Market. Additional tenants at the shopping center include Burton’s Grill, Starbucks Coffee, Gold’s Gym and Jersey Mike’s. Amrit Chase negotiated the transaction on behalf of First Washington Realty on an internal basis.

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Habersham Village
GeorgiaInvestment salesNews

Cushman & Wakefield Arranges Sale of 146,544-Square-Foot Shopping Center in Cornelia, Georgia

by Abby Cox

Cornelia, Ga. — Cushman & Wakefield has arranged the sale of Habersham Village, a 146,544-square-foot shopping center located in Cornelia. Morrison Group acquired the property for an undisclosed price. The property was recently redeveloped to accommodate four anchor tenants including T.J. Maxx, Michaels, Planet Fitness and Bealls. Margaret Jones and Lane Breedlove of Cushman & Wakefield represented the seller, an affiliate of Atlanta-based Vanguard Associates, Inc., in the transaction.

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Wood River Plaza
IllinoisInvestment salesNews

Broad Reach Retail Partners Sells 65,838-Square-Foot Shopping Center in Metro St. Louis

by Abby Cox

Wood River, Ill. — Broad Reach Retail Partners has sold Wood River Plaza, a 65,838-square-foot shopping center located in Wood River, approximately 15 miles northeast of downtown St. Louis. Broad Reach originally acquired the property in 2017. The center — which was 88.4 percent leased at the time of sale — is shadow-anchored by a Walmart Supercenter. Tenants at the property include Five Below, Edward Jones, Great Clips, Subway, Sally Beauty, Dollar Tree, H&R Block, America’s Best Contacts & Eyeglasses, Help at Home and GameStop.

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Gateway Shoppes at Five Points
FinanceIllinoisInvestment salesNews

Marcus & Millichap Arranges Sale, Financing of Retail Property in Urbana, Illinois

by Abby Cox

Urbana, Ill. — Marcus & Millichap has brokered the $3.4 million sale of Gateway Shoppes at Five Points, a 12-suite retail property located in Urbana. Built in 2011, the center comprises two multi-tenant strip centers totaling roughly 30,000 square feet. The property was 95 percent leased at the time of sale. Jeremie Johnson and Nathan Whalen of Marcus & Millichap represented the seller, Prairie Holdings Newton LLC, in the transaction. David O’Keefe, Steve Bogoyevac and Johnathan Weir of Marcus & Millichap procured the buyer, Nikolas Chugay. Michael Derk of Marcus …

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FloridaInvestment salesNews

Principal Asset Management Sells 204,000-Square-Foot Shopping Center in Lake Worth, Florida

by Abby Cox

Lake Worth, Fla. — Principal Asset Management has sold Pinewood Square Shopping Center, a 204,000-square-foot retail center in Lake Worth, roughly 35 miles north of Fort Lauderdale. The property was 99 percent leased to 42 tenants at the time of sale. Retailers at the center include T.J. Maxx/HomeGoods, Ross Dress For Less, Five Below, Goodwill and Delray Medical Center. The property also includes six outparcel buildings that are leased to Chase Bank, PNC Bank, Autozone, Outback Steakhouse, La Granja and Jiffy Lube. Mark Gilbert, Adam Feinstein and Mitch Halpern of Cushman …

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FinanceNewsTexas

Stratus Obtains $24 Million Refinancing Loan for Mixed-Use Property in College Station, Texas

by Abby Cox

College Station, Texas — Stratus Properties Inc. has obtained a $24 million loan to refinance Jones Crossing, a mixed-use project located in College Station, roughly two miles from Texas A&M University. The new non-recourse loan matures in April 2028 and has generated approximately $1.2 million in net cash proceeds. A 106,000-square-foot H-E-B grocery store anchors the center, which which also features an additional 47,000 square feet of retail and restaurant space. Tenants at the property include Oishi Sushi, Chick-fil-A, Threads Boutique and Supercuts.

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Goodnoe's Corner
Grocery-anchoredInvestment salesNewsPennsylvania

Marcus & Millichap Brokers Sale of Two Retail Centers Totaling 122,365 Square Feet in Metro Philadelphia

by Abby Cox

Newtown and Bensalem, Pa. — Marcus & Millichap has brokered the sale of two retail centers in Pennsylvania totaling 122,365 square feet. The properties include Goodnoe’s Corner in Newtown and Village Center in Bensalem. Goodnoe’s Corner — originally built in 2008 — totals 34,660 square feet. Tenants at the property include AT&T Wireless, Madison Dental, Jule’s Thin Crust, Firstrust Bank, Apple Cleaners and Green Parrot Restaurant. Originally constructed in 1976 and renovated in 1999, Village Center is anchored by Acme Markets and comprises 87,705 square feet. Other tenants at the …

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