News

Victory-Shops-Heritage-Trace-IV_Fort-Worth-Texas
Investment salesNet leaseNewsTexas

Marcus & Millichap Brokers Sale of 11,492-Square-Foot Retail Center in Fort Worth, Texas

by Hayden Spiess

Fort Worth, Texas — Marcus & Millichap has brokered the sale of Victory Shops at Heritage Trace IV, an 11,492-square-foot retail center located in Fort Worth. Tenants at the property, which was fully leased at the time of sale, include Just Love Coffee Café, RevFit, Flossophy Dental Studio and Big Chicken. All of the tenants at the center are on triple-net leases. Chris Gainey and Philip Levy of Marcus & Millichap represented the seller in the transaction. The property is situated across from a master-planned mixed-use project that will comprise retail, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Valley-Grove_Pleasant-Grove-Utah
LeasingMixed-useNewsRestaurantsUtah

Three New Tenants Sign Leases at Valley Grove in Utah

by Hayden Spiess

Pleasant Grove, Utah — Three new restaurant tenants have signed leases at Valley Grove, a $1.2 billion mixed-use development in Pleasant Grove. Upon full build-out, the project will comprise more than 1.5 million square feet of retail, office and hospitality space. The Great Greek Mediterranean Grill, Rancherito’s and Wildside Bowls are now open at the property, occupying a total of 5,498 square feet. Cameron Simonsen of Colliers International represented Wildside Bowls in the lease negotiations. Jace Bankhead of Legend Partners represented The Great Greek Mediterranean Grill, and Christopher Wilson of CRC …

Continue Reading
0 FacebookTwitterLinkedinEmail
Fresh-Market_West-Falls_Falls-Church
Grocery-anchoredLeasingMixed-useNewsVirginia

The Fresh Market to Open Two Grocery Stores Totaling 56,000 Square Feet in Metro DC 

by Hayden Spiess

Reston and Falls Church, Va. — The Fresh Market has announced plans to open stores as an anchor tenant within two mixed-use developments in metropolitan Washington, D.C. The grocer will occupy approximately 27,000 square feet of space at Reston Station, a mixed-use development in Reston by Comstock Cos.; and 29,000 square feet at West Falls, a 10-acre mixed-use development in Falls Church by Hoffman & Associates. Both new stores are expected to open within the next three years, with the West Falls store scheduled to open by mid-2026. The Fresh Market …

Continue Reading
0 FacebookTwitterLinkedinEmail
Stop&Shop
Company newsConnecticutMassachusettsNew JerseyNew YorkNewsRhode Island

Stop & Shop to Close 32 Stores in the Northeast

by Hayden Spiess

Quincy, Mass. — Stop & Shop, a grocery store chain based in the Boston suburb of Quincy, has announced plans to close 32 locations by the end of this year.  Situated throughout the Northeast, the stores — described in a press release as “underperforming” — are located in Connecticut, Massachusetts, New Jersey, New York and Rhode Island. According to the grocer, the affected stores will shutter on or before Nov. 2. Associates at the locations will be offered other employment within the company.  “As we announced in May, Stop & Shop …

Continue Reading
0 FacebookTwitterLinkedinEmail
Shoppes-at-Paradise-Beach_Indialantic-Fla
FloridaInvestment salesNews

Matthews Brokers $6.8 Million Sale of Retail Center in Indialantic, Florida

by Hayden Spiess

Indialantic, Fla. — Matthews Real Estate Investment Services has brokered the $6.8 million sale of The Shoppes at Paradise Beach, a retail center located in the beachside town of Indialantic. Originally built in 1981 and renovated in 2005, the property totals 29,650 square feet. The Shoppes at Paradise Beach was fully leased to 12 tenants at the time of sale, including a nail salon, local restaurants, a sporting goods store and a florist. A Miami-based private investor acquired the property from the original developer. Brandon Senia and Robert Goldberg of Matthews …

Continue Reading
0 FacebookTwitterLinkedinEmail
First-Watch_Tucson-Ariz
ArizonaInvestment salesNet leaseNews

Hanley Negotiates $4 Million Sale of Single-Tenant Property in Tucson, Arizona

by Hayden Spiess

Tucson, Ariz. — Hanley Investment Real Estate Advisors has negotiated the $4 million sale of a single-tenant property located in Tucson. First Watch occupies the property, which totals 4,164 square feet, on a triple-net-lease basis. Bill Asher, Jeff Lefko and Lee Csenar of Hanley represented the seller and developer in the transaction. Cory Krupinsky of Brisky Net Lease, in association with Brian Brockman of Bang Realty, represented the buyer, a private investor. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Ballys-Chicago-Casino
DevelopmentEntertainmentIllinoisNews

Bally’s Releases Updated Plan for $1.7 Billion Casino Project in Chicago

by Hayden Spiess

Chicago — Bally’s Corp. (NYSE: BALY) has released an updated permanent site plan for its $1.7 billion casino project in Chicago, a redevelopment of the former Chicago Tribune printing plant that will now be developed in a single phase. The property is located at 777 W. Chicago Ave. in the city’s River West neighborhood. Project plans now include a 34-story, 500-room hotel tower situated at the southern end of the 30-acre gaming and entertainment destination. The hotel — which was initially expected to be located elsewhere in the development — will feature a …

Continue Reading
0 FacebookTwitterLinkedinEmail
Grants-Pass-Shopping-Center_Grants-Pass-Ore
Investment salesNewsOregon

Rhino Investments Acquires 277,378-Square-Foot Retail Center in Oregon

by Hayden Spiess

Grants Pass, Ore. — Rhino Investments Group has acquired Grants Pass Shopping Center, a 277,378-square-foot retail center located in Grants Pass. The property is situated on a 24.2-acre site with 856 parking space. Tenants at the center include Ulta Beauty, T.J. Maxx, Ross Dress for Less, Petco and Rite Aid. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Metro-Market_Mukwonago-Wis
Investment salesNet leaseNewsWisconsin

Legacy Brokers $12 Million Sale of Single-Tenant Property in Mukwonago, Wisconsin

by Hayden Spiess

Mukwonago, Wis. — Legacy Realty Group Advisors has brokered the $12 million sale of a single-tenant property located in Mukwonago. Metro Market (a Kroger brand) occupies the building, which totals 63,740 square feet, on a net-lease basis. Jacob Baruch and Daniel Baruch of Legacy represented the seller in the transaction. Carol Vena of JRW Realty represented the buyer. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts