Saturday, July 26, 2025
Read the Digital Magazines
Subscribe

News

Durham-Topgolf
DevelopmentNewsNorth Carolina

Topgolf to Open New Venue in Durham, North Carolina

by Katie Sloan

Durham, N.C. — Topgolf plans to open a new venue in south Durham on Friday, April 12. The new Topgolf will represent the third Topgolf in North Carolina, with the other two venues in the Charlotte area. In December, the company also announced a new Topgolf coming to nearby Greensboro, North Carolina. The Durham venue will be located off the Page Road exit on I-40 at 4901 Topgolf Way, a short drive from Research Triangle Park and about 12 miles from Duke University. The new Topgolf will feature 102 climate-controlled hitting …

Continue Reading
0 FacebookTwitterLinkedinEmail
Livingston-Avenue-Center
Investment salesNewsOhio

Cooper Group Brokers $5.4 Million Sale of Shopping Center in Metro Columbus

by Katie Sloan

Reynoldsburg, Ohio — The Cooper Commercial Investment Group has brokered the $5.4 million sale of Livingston Avenue Center, a 101,621-square-foot shopping center in the Columbus suburb of Reynoldsburg. The fully leased property is home to tenants such as Save-a-Lot, Big Lots and Urban Air. Dan Cooper of Cooper Group represented the seller, a private investment group out of California. The Midwest-based buyer purchased the asset at a cap rate of 8.19 percent.

Continue Reading
0 FacebookTwitterLinkedinEmail
Zombieland-Bumper-Cars
DevelopmentEntertainmentIllinoisNews

Graycor Completes Construction of 45,000-Square-Foot Wonderverse Entertainment Space in Suburban Chicago

by Katie Sloan

Oakbrook, Ill. — Graycor Construction Co. has completed Wonderverse, a 45,000-square-foot entertainment space at Oakbrook Center in suburban Chicago. The project features a hybrid of physical and multi-media experiences, interactive installations, attractions and experiences, allowing visitors to step into their favorite Sony Pictures stories. Sony is the project’s owner. The space includes escape rooms, virtual reality adventures, bumper cars, racing simulators, an arcade and speakeasy. The project team included Scenario as the owner’s representative and EXP as the architect of record.

Continue Reading
0 FacebookTwitterLinkedinEmail
52-N-Santa-Cruz-Ave-Los-Gatos-CA
CaliforniaInvestment salesNews

Marcus & Millichap Arranges $4.5 Million Sale of Retail Property in Los Gatos, California

by Katie Sloan

Los Gatos, Calif. — Marcus & Millichap has arranged the $4.5 million sale of a retail property located at 52 N. Santa Cruz Ave. in Los Gatos, just south of San Jose. Built in 1985, the 4,401-square-foot property was fully occupied at the time of sale and offers six commercial spaces. Yuri Sergunin and J.J. Taughinbaugh of Marcus & Millichap’s Palo Alto office represented the undisclosed seller and procured the undisclosed buyer in the deal.

Continue Reading
0 FacebookTwitterLinkedinEmail
4000-Union-Pacific-Ave-4040-Noakes-Ave-Commerce-CA
CaliforniaCompany newsNews

Deep-Discount Retailer 99 Cents Only to Close All 371 Store Locations

by Katie Sloan

Commerce, Calif. — 99 Cents Only Stores LLC has announced plans to close all 371 of its stores and wind down business operations. The company has entered into an agreement with Hilco Global to liquidate all merchandise and dispose of fixtures, furnishings and equipment at the stores. Sales under this agreement are expected to begin today. 99 Cents Only was founded in 1982 as a deep-discount retailer where every item cost less than a dollar. The company is headquartered in the southeast Los Angeles suburb of Commerce, and currently operates stores …

Continue Reading
0 FacebookTwitterLinkedinEmail
1000-S-Central-Ave-Glendale-CA
CaliforniaFinanceNews

Marcus & Millichap Arranges $11.2 Million Refinancing for Joann-Occupied Building in Glendale, California

by Katie Sloan

Glendale, Calif. — Marcus & Millichap Capital Corp. has secured $11.2 million in refinancing for a single-tenant retail building located at 1000 S. Central Ave. in the Los Angeles suburb of Glendale. Joann, a fabric and crafts retail chain that recently declared bankruptcy, occupies the property. Ron Bayls of Marcus & Millichap Capital Corp. arranged the 10-year loan, which includes a 5.97 percent interest rate with a 30-year amortization and 50 percent loan-to-value ratio.

Continue Reading
0 FacebookTwitterLinkedinEmail
1116-Ashmore-Bridge-Rd_Mauldin-S.C
DevelopmentGrocery-anchoredNewsSouth Carolina

Reedy River Retail Arranges Land Sale in Upstate South Carolina for Publix-Anchored Retail Center

by Katie Sloan

Mauldin, S.C. — Reedy River Retail at SVN Blackstream has arranged the acquisition of a 10.9-acre development site located at 1116 Ashmore Bridge Road in Mauldin, roughly 10 miles south of Greenville, S.C. The buyer, Atlanta-based Venture South Investments, plans to develop a Publix-anchored shopping center at the site. Dustin Tenney and Daniel Holloway of Reedy River Retail represented the buyer in the $4.6 million transaction. Plans for the site include the development of a 63,000-square-foot retail center anchored by a 45,000-square-foot Publix grocery store, as well as two outparcels. …

Continue Reading
0 FacebookTwitterLinkedinEmail
North-Clybourn
IllinoisInvestment salesNews

Mid-America Brokers Sale of 68,121-Square-Foot Retail Center in Chicago

by Hayden Spiess

Chicago — Mid-America Real Estate Corp. has brokered the sale of North & Clybourn, a 68,121-square-foot retail center in Chicago’s Lincoln Park neighborhood. Crate & Barrel and The Container Store anchor the property. Additional tenants at the center include Potbelly, LensCrafters and Sweetgreen. Joe Girardi and Stan Nitzberg of Mid-America arranged the sale on behalf of the private seller. Hines U.S. Property Partners acquired the property for an undisclosed price. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Shopton-Square_Belmont
Investment salesNewsNorth Carolina

Foundry Commercial Purchases 24,250-Square-Foot Shopping Center in Metro Charlotte

by Hayden Spiess

Belmont, N.C. —Foundry Commercial has purchased Shopton Square, a 24,250-square-foot shopping center in Belmont, a southern suburb of Charlotte. The property was fully leased to 13 tenants at the time of sale. Shopton Square was originally developed and leased by the real estate arm of grocer Food Lion. The acquisition of the center marks the first for Foundry Commercial’s Retail Investment Platform, which was launched last year and prioritizes necessity-based retail properties.

Continue Reading
0 FacebookTwitterLinkedinEmail
IllinoisInvestment salesNews

Marcus & Millichap Arranges Sale of 11,772-Square-Foot Retail Building in Metro Chicago

by Hayden Spiess

Homewood, Ill. — Marcus & Millichap has arranged the sale of an 11,772-square-foot retail building located in the Chicago suburb of Homewood. U.S. Bank anchors the property. Austin Weisenbeck, Sean Sharko and Adrian Mendoza of Marcus & Millichap represented the seller, a limited liability company. The trio also secured and represented the all-cash buyer, a limited liability company.  

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts