Austin, Texas — Newport Capital Partners has acquired Stassney Heights on behalf of its Newport Capital Partners Fund III. The 103,030-square-foot, grocery-anchored shopping center is situated on the southwest corner of Stassney Lane and Interstate 35 in Austin. CBRE represented
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Nicholasville, Ky. — Marcus & Millichap has arranged the $9.4 million sale of an 82,982-square-foot single-tenant property net-leased to Kohl’s and an adjacent outparcel in Nicholasville, about 12 miles away from Lexington. Jesse Limon of Marcus & Millichap represented the
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Union Gap, Wash. — Hanley Investment Group Real Estate Advisors has brokered the acquisition of a single-tenant retail building located at 1403 E. Washington Ave. in Union Gap. A private investor sold the property to a Southern California-based buyer for
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South Pasadena, Fla. — Branch Properties has sold South Pasadena Shopping Center, a 165,746-square-foot shopping center located six miles west of downtown St. Petersburg in South Pasadena. The Walmart Neighborhood Market-anchored center is fully leased to tenants including CVS/pharmacy, Bealls
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Union, N.J. — Bed Bath & Beyond is reopening its flagship store in New York City after undergoing a complete transformation since last December to modernize the in-store shopping experience. The renovated 92,000-square-foot flagship, located at 620 6th Ave. in
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Athens, Ga. — SRS has brokered the sale of Athens West, a 178,930-square-foot shopping center in Athens anchored by Big Lots, America’s Thrift, American Freight, BioLife and Citi Trends. SomeraRoad sold the property for $16 million to Trinity Apex LLC.
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Cincinnati — An affiliate of Next Realty LLC has acquired the Kings Automall Shopping Center, a 67,000-square-foot retail center in Cincinnati. The property is home to tenants such as Planet Fitness, Mirage Restaurant, Play it Again Sports, Salon Concepts, Penn
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Woburn, Mass. — Horvath & Tremblay has negotiated the $11 million sale of a 10,646-square-foot, newly built retail property in the northern Boston suburb of Woburn. Walgreens occupies the property and has 14 years remaining on its lease. Peter Butler
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Tucson, Ariz. — Marcus & Millichap has brokered the sale of a 25,000-square-foot property occupied by Planet Fitness within Tucson Spectrum shopping center in Tucson. A limited liability company acquired the property from another limited liability company for $4.8 million.
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Winter Park, Fla. — RealSource Group has arranged the $4 million sale of a newly built, single-tenant property occupied by Caliber Car Wash at 6750 Aloma Ave. in Winter Park. Austin Blodgett of RealSource, in association with ParaSell Inc., represented
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Chicago — Wilson Sporting Goods Co. has opened its first-ever retail location in its hometown of Chicago. Wilson plans to open additional flagship stores in New York, Los Angeles, Beijing and Shanghai in the coming months. The Chicago store opened
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Chicago — The Chicago City Council has given approval for the development of Bronzeville Lakefront, a $3.8 billion mixed-use project located in Bronzeville, a South Side neighborhood. Michael Reese Hospital and Medical Center, which closed in 2008, formerly occupied the
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