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2830-S-Highland-Ave
IllinoisInvestment salesNews

JLL Brokers $10.1 Million Sale of Medical-Anchored Strip Center in Metro Chicago

by Abby Cox

Lombard, Ill. — JLL Capital Markets has brokered the $10.1 million sale of 2830 S. Highland Avenue, a 21,071-square-foot retail strip center located in the Chicago suburb of Lombard. Alex Sharrin, Mohsin Mirza, Will Bowater, Michael Nieder and Brian Page of JLL represented the seller, a joint venture between HSG Medical and Capital Healthcare Properties. The buyer was a local private capital group. Built in 2003 and fully renovated in 2026 for the new medical tenancy, the property was fully leased at the time of sale to Duly Health and …

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sunnymead-blvd
CaliforniaInvestment salesNews

Progressive Arranges $3.1 Million Sale of Multi-Tenant Retail Property in Inland Empire

by Abby Cox

Moreno Valley, Calif. — Progressive Real Estate Partners has arranged the $3.1 million sale of a 23,528-square-foot, multi-tenant retail property located at 24300-24320 Sunnymead Blvd. in the Inland Empire city of Moreno Valley. The buyer, which was an Orange County, California-based private investor, plans to make capital improvements and enhance the tenant mix over time. The retail property was 94 percent leased at the time of sale to automotive-related businesses such as Prieto Smog Center, Gina’s Auto Service, Lenny’s Auto Repair and No Limit Sounds & AC.

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Cornerstone Shopping Center
Investment salesNewsWisconsin

Hanley Investment Negotiates Sale of 13,308-Square-Foot Retail Center in Metro Milwaukee

by Abby Cox

Glendale, Wis. — Hanley Investment Real Estate Advisors has negotiated the sale of Cornerstone Shopping Center, a 13,308-square-foot retail center located in Glendale, about five miles north of downtown Milwaukee. Built in 2003, the two-building retail property was fully leased at the time of sale to four tenants including Wild Fork Foods, Pearle Vision, Panera Bread and Vivo Infusion. Jeff Lefko and Bill Asher of Hanley, in association with ParaSell Inc., represented the seller, a North San Diego County, California-based private investor. The buyer, SW Neighborhood Centers IV, an affiliate of …

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Gene Autry Plaza
CaliforniaFinanceGrocery-anchoredNews

Slatt Capital Arranges $12 Million in Refinancing for Multi-Tenant Retail Center in Palm Springs, California

by Abby Cox

Palm Springs, Calif. — Slatt Capital has arranged a $12 million loan to refinance Gene Autry Plaza, a 60,629-square-foot multi-tenant retail center located in Palm Springs. Michael Kaplan and Andrew Friedeberg of Slatt Capital arranged the five-year permanent loan — which was structured with a 30-year amortization schedule — through a life insurance company on behalf of the unnamed borrower. Smart & Final Extra! anchors Gene Autry Plaza, which was built in 2009. Additional tenants at the property include Staples, Sports Clips, Goody’s Café, Panera Bread, Firehouse Subs and Five Guys.

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CaliforniaInvestment salesNews

Progressive Negotiates $6 Million Sale of Fully Leased Retail Center in Rancho Cucamonga, California

by Abby Cox

Rancho Cucamonga, Calif. — Progressive Real Estate Partners has negotiated the $6 million sale of Allmark Plaza, a 16,926-square-foot retail center located in Rancho Cucamonga. Built in 1986, Allmark Plaza was fully leased at the time of sale to tenants including Domino’s Pizza, Mini-Mart, a nutrition shop, Mexican restaurant, diet center, salon, donut shop, day spa, dry cleaners and a dental office. Lance Mordachini and Monica Dal Bianco-West of Progressive represented the buyer, a California-based private investor. The seller, Allmark Property Management, represented itself.

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Oak Grove Plaza
Grocery-anchoredInvestment salesNewsTexas

Brixton Capital Acquires 120,552-Square-Foot Oak Grove Plaza in Metro Dallas

by Abby Cox

Sachse, Texas — Brixton Capital has acquired Oak Grove Plaza, a 120,552-square-foot shopping center located in Sachse, roughly 20 miles northeast of downtown Dallas. Kroger, which has operated at the site for 23 years, anchors the property. Additional tenants include Wingstop, Subway, Domino’s Pizza and Kumon, along with a roster of daily-needs services and providers such as Baylor Scott & White Primary Care, Oak Tree Dental, Athletico Physical Therapy and The UPS Store. The 15-acre property comprises two in-line buildings and a Kroger gas pad. Chicago-based Nuveen Real Estate sold the …

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the-district
DevelopmentMixed-useNewsTexas

Mark IV Capital Breaks Ground on Restaurant Component at The District in Central Texas

by Abby Cox

Round Rock, Texas — Mark IV Capital has broken ground on the restaurant collection at The District, a 65-acre mixed-use project under construction in Round Rock, roughly 15 miles north of downtown Austin. Up to 14 food concepts and lifestyle brands will occupy the 41,525–square-foot restaurant block, which will include six buildings integrated along a greenbelt-inspired walkway in the heart of The District. Phase I of The District — which features a 316-unit luxury multifamily building, ground-floor retail and a food-and-beverage plaza — is scheduled for completion in the first quarter …

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Fullerton-Court-Fullerton-CA
CaliforniaInvestment salesNews

Hanley Investment Group, Summit RE Arrange $12.7 Million Sale of Fullerton Court Retail Center in California

by Abby Cox

Fullerton, Calif. — Hanley Investment Group Real Estate Advisors and Summit RE have brokered the sale of Fullerton Court, a two-story retail center adjacent to Fullerton College in Fullerton. A Newport Beach, California-based private partnership sold the property to a Los Angeles-based, private 1031 exchange investor for $12.7 million. Sean Cox and Kevin Fryman of Hanley, in association with Scott Hook of Summit RE, represented the seller, while the buyer was self-represented in the deal. Located at 444 N. Harbor Blvd., Fullerton Court was originally built in 1982 and expanded in …

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Hope Mills Crossing
Investment salesNewsNorth Carolina

Atlantic Capital Partners Brokers $7 Million Sale of Shopping Center Near Fayetteville, North Carolina

by Abby Cox

Hope Mills, N.C. — Atlantic Capital Partners has brokered the $7 million sale of Hope Mills Crossing, a 53,204-square-foot shopping center located in Hope Mills, roughly five miles south of Fayetteville. David Hoppe, Eric Suffoletto, Jordan Gomez, Mike Lucier, Ben Olmstead and Kendra Doherty of Atlantic Capital represented the seller in the transaction. Renovated in 2025, Hope Mills Crossing is anchored by a newly delivered Planet Fitness. Additional tenants at the center include a mix of medical, financial, government and service-oriented retail businesses. The property was 95 percent leased at the …

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CFA-Miami
FloridaInvestment salesNews

SRS Real Estate Negotiates $8.9 Million Ground Lease Sale of Chick-fil-A Leased Restaurant in Miami

by Abby Cox

Miami — SRS Real Estate Partners has negotiated the $8.9 million ground lease sale of a restaurant property located at 18240 S. Dixie Highway in Miami. Chick-fil-A occupies the 5,399-square-foot property, which was built in 2024, on an absolute triple-net corporate-guaranteed lease with 13 years remaining on the initial term. Patrick Nutt and William Wamble of SRS represented the seller, a joint venture between Berkowitz Development Group and Landsea Development Group. The buyer was based out of New York.

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