Thursday, August 14, 2025
Read the Digital Magazines
Subscribe

News

Plaza del Lago
IllinoisNews

WS Development Signs Leases with 13 New Tenants at Plaza del Lago in Metro Chicago

by Abby Cox

Chicago — WS Development has signed leases with 13 new tenants at Plaza del Lago, a 100,000-square-foot shopping center located in the Chicago suburb of Wilmette. As part of its ongoing redevelopment project, the center’s tenant lineup will now feature a mix of local and national brands including Oscar de la Renta, Space 519, Cynthia Rowley, Hill House Home, James Perse, Jenni Kayne, La Vie Style House, LoveShackFancy, Peter Millar, Pilatesville, Rag & Bone, Studs and Veronica Beard. New tenant stores will begin opening this month. Originally opened in 1928, …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Shops at Brickell City Centre
FloridaMixed-useNews

Simon Acquires Majority Interest of Shops at Brickell City Centre in Downtown Miami for $512 Million

by Abby Cox

Miami — Indianapolis-based Simon Property Group has acquired the remaining interest of the retail and parking component at Brickell City Centre, a 5.4 million-square-foot mixed-use development in downtown Miami. Swire Properties sold the majority 75 percent stake in the property’s 500,000-square-foot retail portion for $512 million, according to several media outlets. Simon had previously owned a 25 percent, non-managing interest in The Shops at Brickell City Centre. Following the transaction, Simon is now the sole owner and manager of the property’s retail and entertainment component. Completed in 2016, The Shops …

Continue Reading
0 FacebookTwitterLinkedinEmail
Braves Village
Investment salesNewsSouth Carolina

Marcus & Millichap Negotiates $7.4 Million Sale of Braves Village Shopping Center in Metro Myrtle Beach

by Abby Cox

Socastee, S.C. — Marcus & Millichap has facilitated the $7.4 million sale of Braves Village Shopping Center, a 60,914-square-foot retail center located in the Myrtle Beach suburb of Socastee. Food Lion anchors the center, which was built in 1985. Additional tenants include Rent-A-Center, Metro by T-Mobile and Any Lab Test Now. Lori Schneider and David Gant marketed the property on behalf of the seller and procured the buyer, Brentwood Realty, in the transaction. Benjamin Yelm served as Marcus & Millichap’s broker of record in South Carolina. 

Continue Reading
0 FacebookTwitterLinkedinEmail
The Brooks Town Center
FloridaInvestment salesNews

Plaza Advisors Arranges Sale of 35,330-Square-Foot Shopping Center in Metro Fort Myers

by Abby Cox

Estero, Fla. — Plaza Advisors has arranged the sale of The Brooks Town Center, a 35,330-square-foot shopping center located in Estero, approximately 16 miles south of downtown Fort Myers. Originally built in 2008, the center was 96 percent leased to FineMark Bank, Burn Boot Camp, LabCorp and Pinch-A-Penny at the time of sale. In a separate transaction, FineMark Bank acquired its 9,390-square-foot outparcel building at the center, while Concord Real Estate Investors purchased the remaining 25,940-square-foot retail strip center. Jim Michalak and Jeff Berkezchuk of Plaza Advisors represented the seller, …

Continue Reading
0 FacebookTwitterLinkedinEmail
FloridaGrocery-anchoredNews

GBT Realty Breaks Ground on 30,500-Square-Foot Shopping Center in Metro Orlando

by Abby Cox

Clermont, Fla. — GBT Realty Corp. has broken ground on Hammock Ridge Commons, a 30,500-square-foot shopping center located in Clermont, approximately 25 miles east of Orlando. An entity doing business as Shoppes at Hammock Ridge Crossing LLC sold the original 3.7-acre land parcel to GBT for $2.5 million. A 23,273-square-foot Sprouts Farmers Market will anchor Hammock Ridge Commons, while additional tenants at the property will include a dentist and nail salon. Roughly 1,700 square feet of inline space is still available for lease at the center. J. Raymond Construction Corp. is …

Continue Reading
0 FacebookTwitterLinkedinEmail
Winslow Plaza
Investment salesNew JerseyNews

First National Realty Acquires Winslow Plaza in Metro Philadelphia

by Abby Cox

Sicklerville, N.J. — First National Realty Partners (FNRP) has acquired Winslow Plaza, a 40,695-square-foot shopping center in Sicklerville, roughly 23 miles outside Philadelphia. ShopRite shadow anchors the center, which was fully leased at the time of sale. Tenants at the property include H&R Block, NovaCare, Ricciardi Brothers, King’s Liquor Outlet and The UPS Store. Colin Behr and Chris Munley of CBRE represented the seller in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Scottsdale Quarter
ArizonaInvestment salesLeasingMixed-useNews

FalconEye Ventures Acquires 755,000-Square-Foot Mixed-Use Development in Metro Phoenix, Plans $100 Million Capital Improvements

by Abby Cox

Scottsdale, Ariz. — FalconEye Ventures has acquired Scottsdale Quarter, a 755,000-square-foot mixed-use development located in Scottsdale, roughly 13 miles outside Phoenix. As part of the acquisition, FalconEye plans to implement a $100 million capital improvement program for the property. The program will focus on tenant curation, infrastructure enhancements and experiential retail concepts designed to differentiate the property. Implementation is scheduled to begin in late 2025, with phased execution designed to minimize operational disruption to existing tenants. FalconEye has retained Vestar to be a strategic partner and oversee operations at the property. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Admiral Junction
Grocery-anchoredInvestment salesNewsWashington

JLL Facilitates $35.4 Million Sale of Admiral Junction in West Seattle

by Abby Cox

Seattle — JLL Capital Markets has facilitated the $35.4 million sale of Admiral Junction, a 67,992-square-foot shopping center located in West Seattle. A 60,876-square-foot Safeway anchors the center, which comprises 82 percent of the property. The remaining 7,116 square feet is dedicated to additional retail tenants including Menchie’s Frozen Yogurt and Verizon Wireless. Daniel Tyner, Geoff Tranchina, Gleb Lvovich and Zach Koucos of JLL’s Investment Sales and Advisory team represented the buyer, Silver Star Ventures, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
University Shoppes
Grocery-anchoredInvestment salesNewsSouth Carolina

Legacy Realty Arranges Sale of 66,004-Square-Foot Shopping Center in Metro Myrtle Beach

by Abby Cox

Conway, S.C. — Legacy Realty Group Advisors LLC has arranged the sale of University Shoppes, a 66,004-square-foot shopping center located in Conway, approximately 15 miles outside Myrtle Beach. Situated near Coastal Carolina University and Conway Medical Center, the center is anchored by Food Lion. Additional tenants at the property include Family Dollar, Beach Wine and Spirits, Papa Johns Pizza, Eggs Up Grill, Spice C Noodle, Conway Nutrition and Ala Mario’s Pizza. The property also features an outparcel that houses Chipotle Mexican Grill. Jacob Baruch and Jonah Warshaw of Legacy Realty …

Continue Reading
0 FacebookTwitterLinkedinEmail
Bixby Hacienda Plaza
CaliforniaLeasingNews

Progressive Real Estate Signs Leases with Five Tenants at Bixby Hacienda Plaza in Los Angeles

by Abby Cox

Los Angeles — Progressive Real Estate Partners has signed leases with five tenants at Bixby Hacienda Plaza, a 135,000-square-foot retail center located in the Los Angeles suburb of Hacienda Heights. US Art Academy, Prime Taekwondo Center and Sumi Lashes are already open at the center. Later this year, Japanese retailer MINISO will open a 5,930-square-foot store on a 10-year lease, while PG Noodle will open in early 2026. Paul Su of Progressive represented the Cherng Family Trust in the lease negotiations, while James Rodriguez of Colliers represented MINISO in the transaction. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts