Crandall, Texas — STRIVE has brokered the sale of Parks Plaza, a 9,880-square-foot retail center located in Crandall, roughly 24 miles southeast of downtown Dallas. Built in 2007 on 1.2 acres, the center features a mix of local tenants such as Crandall Dental, Tuna’s Barbershop, DNA Wellness Center, Self Love Skin Care and Crandall Beauty Supply. Hudson Lambert, Jack Hicks and Jason Vitorino of STRIVE represented the repeat local seller. Additional terms of the sale were not disclosed.
Alpharetta, Ga. — Alpharetta, Georgia-based food retailer The Honey Baked Ham Co. has signed a franchise agreement with The Davis Restaurant Group to open eight new stores. The first store openings are planned for September 2026 in Bel Air, Maryland; Chesapeake, Virginia; and Des Moines, Iowa. In September 2027, additional HoneyBaked locations are projected for Chesapeake and Des Moines, as well as Mint Hill, North Carolina. Lastly, the expansion will continue into 2028, with more stores anticipated for Chesapeake and Waxhaw, North Carolina. Matt Davis of The Davis Restaurant Group, …
Salt Lake City — Newmark Mountain West has brokered the sale of a 10-property C-A-L Ranch store portfolio spanning Idaho, Utah, Arizona and Nevada. Integra CRE sold the portfolio for an undisclosed price. The name of the buyer was not released. Totaling more than 637,000 square feet, the retail locations serve rural and suburban communities. Chad Moore, Drew Helm and Brendan Lee of Newmark Mountain West represented the seller in the deal.
Jupiter, Fla. — Miami-based Orion Real Estate Group has sold The Shoppes at Jupiter, a 197,000-square-foot shopping center located in Jupiter for $52.8 million. Orion originally acquired the property in 2015 for $27.8 million. Palm Beach Gardens, Florida-based Ram Realty Advisors was the buyer. Noah Jones and Dan Lynch of Atlantic Retail facilitated the transaction. Ram Realty additionally secured a lease with Whole Foods Market to serve as the property’s primary anchor tenant. Built in 1981 and renovated in 2014, The Shoppes at Jupiter is anchored by Cinépolis Luxury Cinemas, Palm Beach …
Glendale, Calif. — Marcus & Millichap has arranged the sale of a vacant retail building located on 2.4 acres at South Central Avenue and Chevy Chase Drive in Glendale. Aria Investments LLC sold the property to the City of Glendale for $24 million. The city plans to develop a park and recreation center on the site, which includes a 33,818-square-foot retail building formerly occupied by JoAnn Fabrics. Sheila Alimadadian of Marcus & Millichap represented the seller and procured the buyer in the deal. Built in 1966 and renovated in 2013, the …
Valrico, Fla. — Matthews Real Estate Investment Services has negotiated the sale of Valrico Centre, a 53,644-square-foot shopping center located in the Tampa suburb of Valrico. Sprouts Farmers Market and PetSmart anchor the property, which also features health and wellness concept Orangetheory Fitness. Built in 2007 on 4.7 acres, the center was fully leased at the time of sale. An entity doing business as WEG Valrico LLC was the seller. Glen Alexander and Doug Desantis of Strategic Reality Services represented the buyer, West Cold Storage LLC, in the transaction. The sales …
Charleston, S.C. — Asana Partners is redeveloping Pacific Box, a 221,600-square-foot mixed-use development on Charleston’s Upper Peninsula. The redevelopment — which will include the conversion of 26,000 square feet of office space into lifestyle retail and restaurants — is already underway. Completion of the project is scheduled for the second quarter of 2026. Existing tenants will remain open throughout the redevelopment process. Spanning 10 acres along King Street, the newly converted space will include a 6,000-square-foot marquee restaurant space, exterior upgrades, new retail façades, improved central courtyard and turf areas, a children’s …
Phoenix — Lena Centers, a subsidiary of Longpoint Partners, has purchased Stetson Village, a 144,192-square-foot shopping center located in Phoenix, for $71 million. Built in 2007 on 18.6 acres, the property is anchored by a 57,860-square-foot Safeway. Other tenants at the center include Capriotti’s Sandwich Shop, Nekter Juice Bar, The UPS Store, First Watch and Great Clips. Ryan Schubert, Michael Hackett and Zach Aulick of CBRE represented the seller, Pederson Group, and the buyer in the transaction.
St. Louis Park, Minn. — New York-based KPR Centers has acquired Shoppes at Knollwood, a 451,700-square-foot grocery-anchored shopping center in the Minneapolis suburb of St. Louis Park. The property is nearly 99 percent leased and anchored by Cub Foods, DSW, HomeGoods, Nordstrom Rack, Old Navy, Total Wine & More, T.J. Maxx and Ulta Beauty. Christian Williams, Richard Frolik and Michael Wilson of CBRE represented the seller. Delivered in 1955 as Knollwood Mall, the property has undergone several renovations over the decades, including its transformation into an enclosed mall in 1980. …
Bloomington, Ill. — Marcus & Millichap has brokered the $13.4 million sale of Bloomington Commons, a grocery-anchored shopping center located in Bloomington. The 15-tenant property, which totals 132,966 square feet, is anchored by Schnucks. Other tenants include Barnes & Noble, The UPS Store, Kumon Math & Reading Center, Chuck E. Cheese and H&R Block. Schnucks, an anchor tenant since 1989, recently renewed its lease for 10 years. Sean Sharko and Austin Weisenbeck of Marcus & Millichap represented the seller, a local developer that sold the property after an eight-year hold …
