Tucson, Ariz. — Phoenix Commercial Advisors has arranged the $18.4 million sale of Paloma Village Center, a retail property located within the Catalina Foothills in Tucson. Situated on 4.5 acres on the southeast corner of Campbell Avenue and Skyline Drive, the
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Mount Dora, Fla. — JLL has brokered the $12.5 million sale of Tri-Cities Shopping Plaza, a 76,172-square-foot retail center located in the Orlando-area community of Mount Dora. Brad Peterson and Whitaker Leonhardt of JLL represented the seller, SunCap Opportunity Fund,
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Bakersfield, Calif. — Faris Lee Investments has brokered the sale of a single-tenant retail property located at 1725 Golden State Ave. in Bakersfield. A Southern California-based private investor sold the building to an undisclosed buyer for $10.8 million. Smart &
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Cary, N.C. — Northwood Retail has sold Waverly Place, a 190,000-square-foot shopping center in the Raleigh suburb of Cary. The sales price was not disclosed, but Triangle Business Journal reported that the property traded for $88 million. Hines Global Income Trust, a
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New Orleans — The Howard Hughes Corp. has sold the Outlet Collection at Riverwalk, an outlet mall near the Port of New Orleans. An entity doing business as Rockstep Riverwalk LLC purchased the property for $34 million. Outlet Collection at Riverwalk
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Boston — Atlantic Capital Partners, a division of brokerage firm Atlantic Retail, has arranged the $32.8 million sale of The Shops at Riverwood, a 78,484-square-foot retail center in Boston’s Hyde Park neighborhood. Developed in phases by Finard Properties, the center was
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Wheaton, Ill. — Quantum Real Estate Advisors Inc. has brokered the sale of a 14,409-square-foot retail property occupied by Walgreens in Wheaton for $11.6 million. The building was constructed in 2010. Walgreens has roughly 13 years remaining on its lease. Daniel
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Cumming, Ga. — Green Brick Partners Inc., a homebuilding and land development firm, has purchased 152 acres in the Atlanta suburb of Cumming. The Plano, Texas-based company plans to develop a mixed-use campus valued at $400 million at the site named
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Columbus, Ohio — Amazon is opening an Amazon Style store at Easton Town Center in Columbus. The store will be the first Amazon Style location in the state of Ohio and the second nationwide for the e-commerce giant. The first Amazon
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Dallas — SRS Real Estate Partners has brokered the $21 million sale of a 12-property portfolio of single-tenant retail buildings occupied by Napa Auto Parts. The portfolio spans 83,155 square feet across Alaska, Arkansas, Florida, Georgia, Mississippi Nebraska, New Mexico,
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Memphis, Tenn. — Drapac Capital Partners has sold a 23,362-square-foot retail property located at 2 N. Main St. in downtown Memphis. A flagship Walgreens occupies the bottom two levels of the property, and the top level is vacant space. Studio Capital
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Oak Brook, Ill. — JLL’s Capital Markets group has arranged the $278 million sale of an eight-property, grocery-anchored retail portfolio. The buyer was Inland Real Estate Income Trust Inc. The properties were 88.5 percent leased at the time of sale
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