Fresno, Calif. — Faris Lee Investments has arranged the $5.3 million presale of a newly constructed, single-tenant retail property in Fresno. The Learning Experience daycare occupies the property on a long-term 20-year net-lease basis. Scott DeYoung, Jeff Conover and Greg Lukosky of Faris Lee represented the undisclosed seller in the transaction.
Orlando, Fla. — Marcus & Millichap has brokered the $10.8 million sale of Turkey Lake Plaza, a retail center located in Orlando. Built in 2010, the property totals 19,719 square feet. Turkey Lake Plaza was leased to 12 tenants at the time of sale, including Gyu-Kaku Japanese BBQ. Tarek Chbeir of Marcus & Millichap procured the buyer, a local investor, in the transaction. The seller was also not disclosed.
Irving, Texas — Global convenience store operator 7-Eleven will close more than 400 of its North American stores, according to reports from multiple news outlets including NPR and CBS News. Both news outlets noted that the announcement to shutter some 440 stores throughout the United States and Canada was delivered on Thursday, Oct. 10, during a conference call held by Seven & I Holdings, the Japan-based parent company of 7-Eleven. The company’s U.S. operations are headquartered in Irving, Texas. CBS states that the locations to be shuttered represent roughly 3 percent of 7-Eleven’s total North American …
Manor, Texas — H-E-B has broken ground on a new store in Manor, roughly 15 miles outside Austin. Upon completion, the store will total approximately 101,000 square feet and feature pharmacy pick-up spaces, a large curbside service area, seven-pump fuel station and a car wash. The opening is scheduled for late 2025.
New York City — Clothing retailer Primark has signed a lease to open a new, 78,760-square-foot store in Manhattan in New York City. Situated within THE PENN DISTRICT, the store will mark the first Manhattan location for the brand. Vornado Realty Trust is the landlord.
Ithaca, N.Y. and Waynesboro, Va. — Chase Properties has acquired two retail centers — Creekside Plaza in Ithaca, New York, and Waynesboro Town Center in Waynesboro, Virginia. Built in 2001, Creekside Plaza comprises 180,000 square feet. Tenants at the property, which was 95 percent leased at the time of acquisition, include Dick’s Sporting Goods, HomeGoods, Barnes & Noble and O’Reilly Auto Parts. Waynesboro Town Center was built in 2007 and was 98 percent leased at the time of acquisition. Tenants at the 170,810-square-foot property include Ross Dress for Less PetSmart, Burlington …
Mansfield Center, Conn. — The Kislak Co. has brokered the $12 million sale of East Brook Mall in Mansfield Center for $12 million. Built in 1975 and renovated in 2005, the property totals 275,239 square feet, including an enclosed mall, as well as open-air retail space and pad sites. Tenants at East Brook Mall include Old Navy, Kohl’s, T.J. Maxx and Michaels. Barry Waisbrod of Kislak and Andrew Knight of New England Commercial Brokerage represented the seller, America’s Realty, in the transaction.
Egg Harbor Township, N.J. — Spirit Halloween has announced plans to test a new, Christmas-themed concept with the opening of 10 stores. Spirit Christmas stores will feature décor, apparel, inflatables, gifts and stocking stuffers, as well as interactive elements including a life-sized gingerbread village. Scheduled to open beginning in November, the 10 test stores will be located at shopping centers in New Jersey, New York, Pennsylvania, Connecticut and Massachusetts.
Alameda, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $4 million sale of a single-tenant retail property located in Alameda, roughly 15 miles east of San Francisco. Jack in the Box occupies the building, which totals 2,583 square feet and features a drive-thru. Originally built in 1991, the property is situated within the shopping district of Downtown Alameda. Bill Asher, Jeremy McChesney and Jeff Lefko of Hanley, with Cherie Huillade of Colliers, represented the seller, CalBay Development, in the transaction. Jake Kim of Pinnacle Estate Properties represented the …
San Antonio — EōS Fitness has signed a new lease at The Shops at Redland Road, a shopping center located in San Antonio. Scheduled to open in 2026, the venue will occupy 40,000 square feet of indoor space and 2,500 square feet of contiguous outdoor space. This marks the beginning of the Dallas-based concept’s expansion into Central Texas.