Coatesville, Pa. — Neuman Commercial Group has arranged the sale of Airport Village, a 70,500-square-foot shopping center located in Coatesville, roughly 45 miles west of Philadelphia. Tenants at the property, which was 87 percent occupied at the time of sale, include Aldi, Dollar Tree, Rite Aid, Burger King, Verizon and US Renal Care. Gil Neuman of Neuman Commercial Group represented the seller, Nassimi Realty of New York, in the transaction.
Orlando, Fla. — Five tenants have signed 10-year leases at The Church Street Market, the 72,000-square-foot retail space at 55 West, an apartment tower located in downtown Orlando. Restaurants Birria 1983, The Bao Spot and BluWave Sushi will occupy 3,800; 2,100; and 3,000 square feet, respectively. Additionally, SAK Comedy Lab will lease 7,200 square feet, and Luxe Med Spa will open a 3,800-square-foot spa at the property. The new leases bring Church Street Market, which was built in 2006, to 91 percent occupancy. Aaron Dan and Kathy Bonini of Lincoln Property …
Hiram, Ga. — SRS Real Estate Partners has brokered the $8 million sale of Hiram Walk, a 13,801-square-foot retail center located in Hiram, roughly 27 miles outside Atlanta. Tenants at the center, which was built in 2004, include Starbucks Coffee, Buffalo Wild Wings, T-Mobile, Cold Stone Creamery and Moe’s Southwest Grill. The property is an outparcel to Hiram Pavilion. Jeff Enck of SRS represented the undisclosed seller. An entity doing business as H Walk LLC was the buyer.
Atlanta — Painted Hospitality will open two new eatertainment concepts in Atlanta. The first, Painted Pickle, is scheduled to open in December at Armour Yards. Totaling 32,500 square feet, the venue will feature indoor pickleball courts, one outdoor court, a stage for live music, other games and a food-and-beverage menu including small plates, salads, bowls, sushi, charcuterie boards, paninis, cocktails, craft beer and artisanal wine. Painted Park, the second concept, will offer recreational assembly space, green space and private event space. The property will feature two indoor bars, a full kitchen, …
Pasadena, Calif. — A consortium of investors doing business as 475 South Lake Avenue LLC has completed the redevelopment of a 45,000-square-foot historic retail building in Pasadena. Originally constructed in 1949 as a department store, the I. Magnin & Co. building was most recently occupied by Borders Books & Music more than a decade ago. Erewhon now occupies space on the ground floor and basement level of the property, with childcare center Brella and women’s healthcare clinic Tia occupying the second floor. Architecture, planning and interior design firm RDC and Humberto …
Frisco, Texas — STRIVE has arranged the sale of 3 Corners Plaza — Building 2, a 10,339-square-foot retail center located in Frisco. The property was fully leased at the time of sale. Adam Gottschalk and Hudson Lambert of STRIVE represented the seller in the transaction. An undisclosed California-based investor purchased the property.
Viera, Fla. — Gifts & More at The Paper Store will open an outpost at The Avenue Viera, a retail center located in Viera. Scheduled to open next week, the store will total 12,000 square feet. Other tenants at the center include lululemon, Sephora and Club Pilates. WS Development is the landlord.
Edgewood, Md. — KLNB has brokered the $10.4 million sale of Edgewood Plaza, a retail center located in Edgewood, roughly 25 miles outside Baltimore. Food Lion anchors the 76,000-square-foot property. Dollar General is also a tenant at the property, which was 96 percent leased at the time of sale. Chris Burnham, Andy Stape, Vito Lupo and Jake Furnary of KLNB represented the seller, Sandmar Properties, in the transaction.
Orlando, Fla. and Mount Pleasant, S.C. — Crush Yard will open two new pickleball clubs in Florida and South Carolina. Opening later this month, the first venue will total 40,000 square feet in Mount Pleasant, South Carolina. In November, a 50,000-square-foot facility will open in Orlando, occupying a former Bed Bath and Beyond building. The clubs will feature pickleball courts, as well as access to coaches. The South Carolina Crush Yard will also feature coffee from One Nation Coffee and beer from Holy City Brewing.
Mattoon, Ill. — Mid-America Real Estate Corp. has arranged the sale of Mattoon Marketplace, a 73,225-square-foot shopping center located in Mattoon. Tenants at the property include PetSmart, Dollar Tree, Cato, Hibbett Sporting Goods, Aspen Dental, Buffalo Wild Wings, Verizon and Shoe Sensation. Rick Drogosz and Emily Gadomski of Mid-America brokered the transaction on behalf of the seller, United American Properties. Chase Properties acquired the center for an undisclosed price.
