News

Bristol-Plaza-CT
ConnecticutFinanceGrocery-anchoredNews

JLL Arranges $27.9 Million in Financing for Grocery-Anchored Shopping Center in Bristol, Connecticut

by Abby Cox

Bristol, Conn. — JLL Capital Markets has arranged $27.9 million in financing for Bristol Plaza, a 263,829-square-foot shopping center located in Bristol, approximately 20 miles southwest of Hartford, near the global ESPN headquarters. Christopher Drew, Henry Schaffer, Michael DiCosimo, Aaliyah St. Louis and Preston Bacon of JLL secured the five-year, fixed-rate loan through Voya on behalf of the borrower, Sterling Organization. Bristol Plaza, which is currently 93 percent leased, is anchored by T.J. Maxx and Stop & Shop. Additional tenants include Burlington, Dollar Tree, Five Below, Webster Bank and Starbucks Coffee.

Continue Reading
0 FacebookTwitterLinkedinEmail
Harbor-Central-West-Sacramento-CA
CaliforniaInvestment salesNews

CBRE Brokers $6.2 Million Sale of Harbor Central Retail Center in West Sacramento

by Abby Cox

West Sacramento, Calif. — CBRE has arranged the $6.2 million sale of Harbor Central, a 22,198-square-foot neighborhood center located in West Sacramento. A subsidiary of CJ Park & Associates acquired the property from an entity doing business as Harbor Corners LLC for $6.2 million. Randy Getz and Rick Martinez of CBRE represented the seller in the deal. Situated at 805-831 Harbor Blvd., Harbor Central was built in 1992 on 1.7 acres. Current tenants include Vista Paint, Domino’s Pizza, Subway and Raku Sushi.

Continue Reading
0 FacebookTwitterLinkedinEmail
tuckernuck-commons
Investment salesNewsVirginia

Berkeley Capital Advisors Arranges $12 Million Sale of Tuckernuck Commons in Richmond, Virginia

by Abby Cox

Richmond, Va. — Berkeley Capital Advisors has arranged the sale of Tuckernuck Commons, a 93,392-square-foot shopping center located in Richmond. The Richmond, Virginia-based private buyer purchased the property for $12 million. David Webb and Thompson Brown of Berkeley Capital Advisors represented the seller in the transaction. Tuckernuck Commons, which was fully leased at the time of sale, features a mix of tenants including Ollie’s Bargain Outlet, Dollar Tree, Sushi King and Beauty Zone, according to LoopNet Inc. Built in 1986, the property spans nearly 11 acres.

Continue Reading
0 FacebookTwitterLinkedinEmail
Peachtree-Station
GeorgiaGrocery-anchoredInvestment salesNews

JLL Negotiates Sale of Whole Foods Market-Anchored Shopping Center in Metro Atlanta

by Abby Cox

Chamblee, Ga. — JLL Capital Markets has negotiated the sale of Peachtree Station, a 106,388-square-foot shopping center located in Chamblee, a northeast suburb of Atlanta. Jim Hamilton, Brad Buchanan, Andrew Kahn, Andrew Michols, Charlie Merrigan, Anton Serafini and John Perry Hilton of JLL represented the seller, Chicago-based Harrison Street Asset Management, in the transaction. Boston-based TA Realty was the buyer. A 45,136-square-foot Whole Foods Market anchors Peachtree Station, which was fully leased at the time of sale. Additional tenants at the property include Starbucks Coffee, Chipotle Mexican Grill, Cava, Verizon Wireless …

Continue Reading
0 FacebookTwitterLinkedinEmail
Chop-Shop
ArizonaInvestment salesNews

Marcus & Millichap Brokers Sale of 2,847-Square-Foot Single-Tenant Restaurant Property in Phoenix

by Abby Cox

Phoenix — Marcus & Millichap has brokered the sale of a single-tenant restaurant property located at 2817 North 7th St. in Phoenix. Built in 1969, the 2,847-square-foot drive-thru building is occupied by Original Chop Shop, a Scottsdale-based fast-casual eatery with 27 locations across Arizona, Texas and Georgia. The restaurant will remain in operation following the sale. Mark Ruble, Chris Lind and Zack House of Marcus & Millichap marketed the property on behalf of the seller and procured the buyer, a California-based investor, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Company newsNews

Centennial CEO Steven Levin Retires, President Promoted as Successor

by Abby Cox

Dallas — Steven Levin, founder and CEO of Dallas-based Centennial Real Estate, will retire on June 30 after nearly 30 years of leading the national retail operating platform. He will be succeeded by Paul Kurzawa, president of Centennial. “It is an honor to lead this exceptional organization and build upon the strong foundation Steven has established over the past three decades,” says Kurzawa. Over the next year, Levin will shift into an advisory role to support a smooth leadership transition. The firm will also continue to manage Levin’s portfolio properties, including The …

Continue Reading
0 FacebookTwitterLinkedinEmail
Legacy-Place
FloridaInvestment salesNews

DLC, Principal Asset Management Purchase 419,936-Square-Foot Legacy Place in South Florida

by Abby Cox

Palm Beach Gardens, Fla. — DLC and Principal Asset Management have acquired Legacy Place, a 419,963-square-foot lifestyle center located in the South Florida city of Palm Beach Gardens. Lone Star Funds, who purchased the property in 2021, is expected to have sold the property for more than $100 million, according to the South Florida Business Journal. Legacy Place was 93 percent leased at the time of sale and features a mix of over 75 retailers, restaurants and entertainment venues. Tenants include Capital Grille, Eddie V’s, Best Buy, Michaels, Aritzia, Madewell, Shake …

Continue Reading
0 FacebookTwitterLinkedinEmail
ansonia-shopping-center
ConnecticutInvestment salesNews

Zelco Properties, Grossman Acquire 175,000-Square-Foot Ansonia Shopping Center in Southwest Connecticut for $8.4 Million

by Abby Cox

Ansonia, Conn. — A joint venture between Zelco Properties and The Grossman Cos. has acquired Ansonia Shopping Center, a 175,000-square-foot retail center located in Southwestern Connecticut’s New Haven County, for $8.4 million. The joint venture plans to reposition the property to introduce daily needs anchors and service-oriented retailers, and will complete renovations to the roofs, exteriors, HVAC systems and parking areas, as well as tenant-specific improvements. Charter Realty, the real estate brokerage and services arm of Zelco Properties, is handling leasing for the project. Entities doing business as AGS Ansonia …

Continue Reading
0 FacebookTwitterLinkedinEmail
Crossroads-Savannah
DevelopmentGeorgiaGrocery-anchoredLeasingNews

Ardent Signs Sprouts Farmers Market to Anchor Crossroads Shopping Center in Savannah, Georgia

by Abby Cox

Savannah, Ga. — The Ardent Cos. has signed Sprouts Farmers Market to anchor Crossroads Shopping Center, a 92,000-square-foot retail center located in Savannah. Ardent will redevelop 28,000 square feet for the addition of Sprouts Farmers Market, as well as a second retail suite. In addition to repositioning the tenant mix, the Atlanta-based real estate firm will also upgrade the property’s façade. Demolition is expected to begin this summer, with a targeted opening in 2027.

Continue Reading
0 FacebookTwitterLinkedinEmail
Rosedale-Center
LeasingMinnesotaNews

Three Retailers Join Tenant Line-Up at 1.1 Million-Square-Foot Rosedale Center in Metro Twin Cities

by Abby Cox

Roseville, Minn. — Three retailers have joined the tenant line-up at Rosedale Center, a 1.1 million-square-foot shopping mall located in the Twin Cities suburb of Roseville. Swarovski opened a 1,051-square-foot store in April, and Hammer Made will open its 576-square-foot store later this month. Lastly, Abercrombie & Fitch will debut a 5,500-square-foot space this summer. Existing retailer PacSun also opened its newly remodeled 3,995-square-foot store in April. Tenants that opened at the property in 2025 include Kendra Scott, J.Crew Factory, Johnston & Murphy, Lolli & Pops, Paris Baguette and BRKTHROUGH. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts