Sherman, Texas — A partnership between Kobalt Investment Co. and The Retail Connection have acquired Sherman Commons, a 275,477-square-foot retail power center located in Sherman, roughly 40 miles north of the Dallas-Fort Worth metro. The acquisition also includes two vacant outparcels for future development. Kohl’s, Academy Sports + Outdoors, Five Below, Ulta Beauty, Office Depot and PetSmart anchors the property, which was 98 percent leased at the time of sale.
Knoxville, Tenn. — Atlanta-based Halpern Enterprises Inc. has acquired Harvest Park Centre, a 166,035-square-foot retail power center located in Knoxville. Marshalls, Ross Dress For Less and Five Below anchor the center, which was 97 percent leased at the time of sale. Additional retailers at the property include Old Navy, Ulta Beauty, Bath & Body Works, AT&T, Sports Clips and Sally Beauty Supply. Harvest Park Centre marks the firm’s second retail acquisition in Tennessee. Berkeley Capital Advisors represented the seller in the transaction.
Baltimore — MCB Real Estate has added regional grocery store chain Streets Market to the tenant roster for its Reservoir Square, a $170 million mixed-use development underway in Baltimore. Streets Market will occupy 12,000 square feet on a 1.5-acre parcel that will also house 8,000 square feet of retail space. The grocery store is part of Phase II at Reservoir Square, which will also include housing, additional retail options and the new 63,000 square-foot home to the Mayor’s Office of Employment Development (MOED), which is scheduled to open in 2026. …
Orlando, Fla. — El Car Wash has acquired five Wash City car washes in Orlando, advancing its goal of acquiring 90 sites nationwide by the end of 2025. With these additions, El Car Wash now operates 72 locations across Florida and Michigan, with 15 more scheduled to open this year. Each acquired property will undergo enhancements to align with the El Car Wash brand.
Burnsville, Minn. — Transwestern Real Estate Services has negotiated a 66,100-square-foot retail lease at Aurora Village, a 122,323-square-foot shopping center in the south Minneapolis suburb of Burnsville. Soar N Bounce Trampoline and Adventure Park will occupy the space, marking its first location in Minnesota. The company plans to open 12 additional locations, including the site in Burnsville, which is scheduled to open in the first quarter of 2026. Brad Kaplan and Molly Townsend of Transwestern represented the owner, Aurora Investments LLC. Brian Weld and Tom Martin of Cushman & Wakefield …
Wisconsin Rapids, Wis. — Marcus & Millichap has brokered the $2.9 million sale of a two-building, six-suite retail center located at 4321–4323 8th St. S. in Wisconsin Rapids. Clothing retailer Maurices and Mattress Firm anchor the property, which was fully leased at the time of sale. Built in 2007, the center sits on 1.6 acres and totals 10,900 square feet, according to LoopNet. Jeff Rowlett of Marcus & Millichap’s Milwaukee office marketed the property on behalf of the seller, Elm Holdings 1 LLC, in the transaction. Jesse Schluter of Wisconsin …
Canton, Ohio — Chapel Hill, North Carolina-based Prudent Growth Partners has acquired Whipple Bradley Plaza, a 20,751-square-foot shopping center located in Canton, for $2.7 million. Built in 1999, the center is leased to seven lifestyle and service-oriented tenants.
Hemet, Calif. — Avison Young has negotiated the $2.2 million sale of a single-tenant retail property located at 1735 W. Florida Ave. in Hemet. Harbor Freight Tools occupies the 20,571-square-foot building, which was renovated in 2023. The tenant has approximately 11 years remaining on its absolute triple net lease. Chris Maling and David Maling of Avison Young represented the seller, a California-based limited partnership, in the transaction. The buyer was a California-based private investor.
Tacoma, Wash. — JLL Capital Markets has arranged the $37 million sale of Westgate North, 74,789-square-foot shopping center located in Tacoma, roughly two miles from the University of Puget Sound campus. Safeway anchors the property, which was 97.9 percent leased at the time of sale. Additional tenants at the center include Anytime Fitness, Chase Bank, Taco Bell, Xfinity, Subway and Round Table Pizza. Gleb Lvovich, Geoff Tranchina and Daniel Tyner of JLL’s Investment Sales and Advisory team represented the seller. The buyer was Phillips Edison & Co.
Allen, Texas — Indoor-outdoor entertainment and dining concept Chicken N Pickle will open its third venue in the Dallas-Fort Worth area and its fifth overall in Texas this month. Situated at The Farm, a mixed-use development located in Allen, Chicken N Pickle Allen totals 55,000 square feet across two levels, with dining areas, a sports bar, beer garden, cornhole, six indoor pickleball courts, two outdoor pickleball courts, as well as additional yard games. The venue also offers “all abilities” programming and sports wheelchairs. Chicken N Pickle Allen will open May 13. …