Thursday, June 12, 2025
Read the Digital Magazines
Subscribe

News

IHOP-Lancaster-Palmdale-CA
CaliforniaInvestment salesNet leaseNewsRestaurants

Private Investor Buys Two IHOP Net-Leased Retail Properties in Southern California 

by Hayden Spiess

Lancaster and Palmdale, Calif. — A private investor has acquired two retail properties in southern California for a total $6.8 million. IHOP occupies both properties, which are located in Lancaster and Palmdale, on a net-lease basis. Deal terms include a new 23-year lease that commenced at the close of escrow, 1.5 percent annual increases and a 30-unit guarantee. Andre Thompson and Peter Deltondo of Marcus & Millichap represented the seller, a private investor, and secured the buyer in the transaction. 

Continue Reading
0 FacebookTwitterLinkedinEmail
GeorgiaInvestment salesNews

Stratus Acquires 38,000-Square-Foot Retail Center in Carrollton, Georgia

by Hayden Spiess

Carrollton, Ga. — Stratus Property Group has acquired a 38,000-square-foot shopping center located downtown Carrollton, roughly 45 miles west of Atlanta. The purchase included three acres of land. Tenants at the property include Shuckers Oyster House and Sutton’s American Grill. Stratus Property Group plans to reimagine the center, in collaboration with the City of Carrollton. 

Continue Reading
0 FacebookTwitterLinkedinEmail
GeorgiaLeasingNews

CHEF’STORE Signs 28,000-Square-Foot Lease in Metro Atlanta

by Hayden Spiess

Sandy Springs, Ga. —CHEF’STORE has signed a 28,000-square-foot lease in Sandy Springs, a northern suburb of Atlanta. The retailer, which caters to food industry professionals and at-home chefs, will occupy space within City Center Crossing, a 98,048-square-foot shopping center. First National Realty Partners (FNRP) is the landlord. The store, which is scheduled to open this year, marks the first in metro Atlanta for CHEF’STORE. FNRP purchased City Center Crossing in 2021. Other tenants at the center include Planet Fitness, Gold Fish Swim School and Hudson Grille.

Continue Reading
0 FacebookTwitterLinkedinEmail
Sun-Village-Fair_Chandler-Ariz
ArizonaInvestment salesNews

Kidder Mathews Brokers $12.5 Million Sale of Retail Center Near Phoenix

by Hayden Spiess

Chandler, Ariz. — Kidder Mathews has brokered the $12.5 million sale of Sun Village Fair, a retail center located in Chandler, roughly 20 miles outside Phoenix. Sun Village Fair comprises 189,022 square feet of existing retail space, as well as roughly six acres available for pad development. Additionally, the site features a Walmart, First Bank and Wendy’s, which were not included in the sale. Darren Tappen, Nathan Thinnes, Pete Beauchamp, Trask Switzenberg and Matthew Ault of Kidder Mathews represented the seller, LNR Partners, in coordination with Trevor Koskovich of Northmarq and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Best-Buy
IndianaInvestment salesNet leaseNews

Boulder Group Arranges $9.6 Million Sale of Best Buy-Occupied Property in Indiana 

by Hayden Spiess

Mishawaka, Ind. — The Boulder Group has arranged the $9.6 million sale of a single-tenant retail property located in Mishawaka. Best Buy occupies the 50,327-square-foot building on a net lease. Nearby tenants include Target, Apple, Macy’s, Menards, Ross Dress for Less, Walmart, Sam’s Club, The Home Depot, Aldi, Meijer and Costco. Randy Blankstein and Jimmy Goodman of Boulder represented the seller, a West Coast-based partnership. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Company newsNewsRestaurantsTexas

Johnny Rockets to Open 20 New Texas Restaurants Over Next Decade

by Hayden Spiess

Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc., the Los Angeles-based parent company of 17 restaurant concepts, has signed a new development deal to open 20 new Johnny Rockets restaurants across Texas over the next 10 years. The new locations will open in partnership with Brame Holdings LLC, a San Antonio-based private investment company with a portfolio of franchised restaurants and automotive stores. The first of the restaurants is scheduled to open this year. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Freeport-Village-Station
Investment salesMaineNews

Wilder Cos. Acquires 122,121-Square-Foot Shopping Center in Freeport, Maine

by Hayden Spiess

Freeport, Maine — Retail owner-operator Wilder Cos. has acquired Freeport Village Station, a 122,121-square-foot shopping center located in Freeport, roughly 20 miles outside Portland. L.L. Bean anchors the 3.6-acre property, which is situated across from the brand’s flagship campus. Other tenants at the center include Brooks Brothers, Old Navy, Coach, Famous Footwear, Lindt, Oakley, OshKosh B’gosh and Carter’s, Sunglasses Hut, Talbots, Sketchers and Francesca’s. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Foodland_Rogersville-Ala
AlabamaInvestment salesNet leaseNews

Legacy Arranges Sale of 24,000-Square-Foot Single-Tenant Property in Alabama

by Hayden Spiess

Rogersville, Ala. — Legacy Realty Group Advisors has arranged the sale of a single-tenant property located in Rogersville. Foodland occupies the building, which features 24,000 square feet, on a net-lease basis. Jacob Baruch and Max Yardeni of Legacy represented both the buyer and seller in the transaction. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Paradise-Shoppes_Monroe
GeorgiaInvestment salesNews

Marcus & Millichap Brokers $7.5 Million Sale of Shopping Center in Monroe, Georgia

by Hayden Spiess

Monroe, Ga. — Marcus & Millichap has brokered the $7.5 million sale of Paradise Shoppes, a 23,500-square-foot retail center located in Monroe, roughly 44 miles east of Atlanta. An unnamed private equity firm based in Tulsa purchased the shopping center in an all-cash transaction from the seller, a private equity partnership. Marc Irvin of Marcus & Millichap’s Atlanta office represented the seller in the transaction. Paradise Shoppes comprises two separate parcels, with one featuring a 5,300-square-foot building anchored by Truist Bank and Moe’s Southwest Grill. The other parcel comprises an 18,200-square-foot …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts