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Glenridge Springs
GeorgiaInvestment salesMixed-useNews

Westwood Financial Acquires Glenridge Springs in Metro Atlanta

by Abby Cox

Sandy Springs, Ga. — Westwood Financial has acquired Glenridge Springs, a mixed-use development located in the Atlanta suburb of Sandy Springs. The acquisition features 20,000 square feet of ground-floor retail, 168 luxury apartment units and 80,000 square feet of on-site office space. Tenants at the property, which was 91 percent occupied at the time of sale, include QDOBA, Firehouse Subs, Blue Moon Pizza, Sushi Nami, Taziki’s Mediterranean, DaVinci’s Donuts, Venus Nail Lounge and Beauty Enhanced. Westwood Financial owns several centers in the metro Atlanta area, including Glenwood Park, Decatur Crossing …

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Tower Pavilions
ColoradoInvestment salesNews

Thompson Ranch Development Sells Tower Pavilions in Metro Denver for $5.3 Million

by Abby Cox

Aurora, Colo. — Thompson Ranch Development has sold Tower Pavilions, an 11,029-square-foot retail center located in the Denver suburb of Aurora, for $5.3 million. The property was fully leased at the time of sale to eight tenants including Jersey Mike’s, European Wax Center, Sport Clips and Tide Cleaners. Jason Schmidt and Austin Snedden of JLL’s Investment Sales and Advisory team represented the seller in the transaction.

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FloridaIllinoisInvestment salesNewsNorth Carolina

CenterSquare Acquires 45,996-Square-Foot Retail Portfolio Across Three States

by Abby Cox

Conshohocken, Pa. — Conshohocken, Pennsylvania-based CenterSquare has acquired six retail properties totaling 45,996 square feet across three states. The properties are located in Fayetteville and Salisbury in North Carolina; Vero Beach, Fort Myers and Fort Lauderdale in Florida; and Noblesville, Illinois. All but one of the properties are anchored by a Starbucks Coffee drive-thru location. The portfolio is currently 84 percent occupied.

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NewsRetail Insight

Marcus & Millichap’s Single-Tenant Net-Lease Retail Analysis: Food-Related Retailers Are Driving Demand

by Abby Cox

After several years of positive absorption, single-tenant retail space demand has dwindled in the first half of 2025, according to Marcus & Millichap’s 2025 Single-Tenant Net-Lease Retail Analysis. Store closures and tariff-related price pressures, along with a weakening labor market, have impacted leasing efforts, with vacancy growing roughly 21 million square feet during the six-month interval; however, food-related tenants are playing a large role in maintaining stability in the market. The first eight months of 2025 demonstrated that core retail sales rose 4.9 percent when compared to the same period …

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Whole Foods Market
ConnecticutGrocery-anchoredInvestment salesNews

Zelco Properties, Partners Acquire Whole Foods Market-Anchored Property in Stamford, Connecticut

by Abby Cox

Stamford, Conn. — Zelco Properties & Development, along with a real estate private equity firm and an operating partner focused on retail real estate, have acquired a 153,000-square-foot Whole Foods Market-anchored shopping center located at 110 High Ridge Road in Stamford. The purchase price was $62 million, as reported by CT Insider. The first floor of the property is fully occupied by Whole Foods, while the second level offers 24,000 square feet of available space adjacent to Saks OFF 5TH. The third floor comprises an additional 50,000 square feet. Charter Realty …

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World Cup Plaza
Investment salesNewsTexas

Whitestone REIT Buys World Cup Plaza in Frisco, Texas

by Abby Cox

Frisco, Texas — Whitestone REIT has purchased World Cup Plaza, a 90,391-square-foot retail center in Frisco. Developed in 2007, the property comprises a mix of retailers and restaurants including Blue Goose Cantina, The Green Gator, The NOW Massage, Hikari Sushi & Grill, Lemma Coffee Roasters, Rotate Bar & Kitchen, Frisco Soccer Association and Wells Fargo Bank. World Cup Plaza is also situated adjacent to Toyota Stadium, a 21,000-seat stadium is home to FC Dallas, the Frisco-based professional soccer team. The stadium is currently undergoing a $182 million renovation and will serve …

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La Plaza La Jolla
CaliforniaInvestment salesNews

CBRE Brokers $10.2 Million Sale of La Plaza La Jolla in San Diego

by Abby Cox

San Diego — CBRE has arranged the ground lease sale of La Plaza La Jolla, a multi-tenant retail property located at 7863-7877 Girard Ave. within La Jolla Village in San Diego. A private family office acquired the property from La Plaza Investment for $10.2 million. Built in 1986 and renovated in 2015, the 28,866-square-foot property is fully leased to a mix of restaurant, boutique and experiential tenants. Michael Peterson, Reg Kobzi and Jimmy Slusher of CBRE represented the seller in the transaction.

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Marketplace Beaumont
ArizonaCaliforniaInvestment salesNews

TriPost Capital Partners with Brixton to Acquire Stake in Grocery-Anchored Retail Portfolio

by Abby Cox

Beaumont, Calif. and Phoenix — TriPost Capital Partners has acquired a stake in a two-property, grocery-anchored retail portfolio, in partnership with existing owner Brixton Capital LLC. The first property, Marketplace Beaumont in Beaumont, California, totals 177,000 square feet and is 99 percent occupied. Aldi anchors the center, which includes a mix of other tenants including Ross, HomeGoods and Best Buy. The second property, Palmilla Center in Phoenix, encompasses 104,000 square feet and is shadow anchored by Fry’s Food and Drug. The center is 99 percent leased to retailers such as OfficeMax, …

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Terra-Nova_Terrell-Texas
DevelopmentMixed-useNewsTexas

Main Square Development Receives Approval for $3 Billion Master-Planned Community in Dallas-Fort Worth Metroplex

by Abby Cox

Terrell, Texas — Main Square Development has announced that the company has received approval from the Terrell City Council for the development of Terra Nova, a new $3 billion master-planned community.  Situated roughly 30 miles east of Dallas, the development will feature 1,200 multifamily units and a 48-acre mixed-use district, as well as 3,600 single-family homes. The mixed-use component of the development will include 200,000 square feet of shops, restaurants and offices anchored by a main square.  Terra Nova will also feature 145 acres of parks and trails, including 27 …

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550 Arsenal Street
Investment salesMassachusettsNews

JLL Arranges $83 Million in Financing for 260,867-Square-Foot Shopping Center in Suburban Boston

by Abby Cox

Watertown, Mass. — JLL Capital Markets has arranged $83 million in financing for the acquisition of 550 Arsenal Street, a 260,867-square-foot shopping center located in the Boston suburb of Watertown. Anchored by Target, 550 Arsenal Street is situated adjacent to Arsenal Yards, a roughly 1 million-square-foot mixed-use development. Additional tenants include Best Buy, the Massachusetts Registry of Motor Vehicles and Chase Bank. Henry Schaffer, Andrew Gray, Sam Wiesman and Joe Marinaro of JLL arranged the fixed-rate loan through Wells Fargo on behalf of the borrower, National Development.

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