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1665-E-Andrew-Johnson-Highway-Greeneville-Tenn
Investment salesNewsTennessee

Marcus & Millichap Arranges Sale of 40,448-Square-Foot Retail Center in Eastern Tennessee

by Hayden Spiess

Greeneville, Tenn. — Marcus & Millichap has arranged the sale of a 40,448-square-foot, multi-tenant retail property located in the Eastern Tennessee city of Greeneville. Dominic Sulo and Brett Winger of Marcus & Millichap represented the seller, a New Jersey-based limited liability company, in the $2.4 million transaction. Dominic Sulo and Samuel Malato of Marcus & Millichap secured and represented the buyer, A Tennessee-based LLC. Jody McKibben assisted in closing the transaction as the broker of record in Tennessee.

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18913-Hirschfield-Rd-Tomball-Texas
Investment salesNewsTexas

SVN | J. Beard Arranges Sale of 3,600-Square-Foot Retail Property in Metro Houston

by Hayden Spiess

Tomball, Texas — SVN | J. Beard Real Estate’s Greater Houston office has arranged the sale of a single-tenant property located in Tomball, roughly 35 miles northwest of Houston. Spas Unlimited acquired the 3,600-square-foot building for an undisclosed price. Diana Gaines of SVN | J. Beard represented the private seller in the transaction. Spas Unlimited was self-represented.

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Market-57-Food-Hall-New-York-City
DevelopmentLeasingNew YorkNewsRestaurants

Pier 57 Unveils 15-Vendor Lineup for Market 57 Food Hall in New York City

by Hayden Spiess

New York City — Pier 57 has announced the vendor lineup for Market 57, a new food hall located in Pier 57 on the Hudson River waterfront in in New York City. Curated by anchor tenant the James Beard Foundation (JBF), the list features 15 food and beverage vendors. The lineup includes Ammi, Bessou, Bird & Branch, Due Madri by Butcher Girls, Local Roots, LoLo’s on the Water, Malai, Mijo, Mothershuckers, Nom Wah, Harlem Hops, The Galley by Lobster Place, The Good Batch, Ras Plant Based and Zaab Zaab. Market …

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Hobby-lobby
Investment salesNewsTexas

Cove Capital Purchases 191,559-Square-Foot Retail Center in Waco, Texas

by Hayden Spiess

Waco, Texas — Cove Capital Investments has completed the purchase of Parkdale Commons, a 191,559-square-foot retail center located in Waco, on behalf of the firm’s Cove Parkdale Commons Opportunity 62 Delaware Statutory Trust (DST). Hobby Lobby anchors the property, which is leased to tenants including dd’s Discount, True Value Hardware, Drug Emporium, 99 Cents Only, Clicks Billiards and Dickeys BBQ.

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Shops-on-K-O'Fallon-Mo
Investment salesMissouriNews

Hanley Arranges Sale of 20,400-Square-Foot Retail Center in Metro St. Louis

by Hayden Spiess

O’Fallon, Mo. — Hanley Investment Group Real Estate Advisors has arranged the sale of Shops on K, a 20,400-square-foot, multi-tenant retail center located in O’Fallon, roughly 40 miles northwest of St. Louis. Built in 1997, the nine-building property was fully occupied at the time of sale. Tenants include Aaron’s, Advance America Cash Advance, American Family Insurance, Cloud 9 Massage, Stallone’s Formal Wear and Pottery Hollow, as well as a dance academy, fitness center and dog groomer. Jeff Lefko and Bill Asher of Hanley, in association with ParaSell Inc., represented the …

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Walgreens_Hartsville
Investment salesNet leaseNewsSouth Carolina

Walgreens-Leased Store in Hartsville, South Carolina Trades Hands in $5 Million Transaction

by Hayden Spiess

Hartsville, S.C. — A 14,450-square-foot retail property located in Hartsville has traded hands in a $5 million sale. The store is net-leased to Walgreens, which has a little less than 11 years remaining on the lease, as well as 50 one-year extension options. A buyer based on the East Coast purchased the store in an all-cash deal from the seller, an undisclosed limited liability company. Bruce Cowley and Lisa Sickinger of Marcus & Millichap represented the seller in the transaction. Ben Yelm, Marcus & Millichap’s South Carolina broker of record, …

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High-Street_Atlanta
DevelopmentGeorgiaLeasingMixed-useNews

GID Signs Four New Retailers to Join $2 Billion High Street Mixed-Use Development in Atlanta

by Hayden Spiess

Atlanta — GID Development has signed four new tenants to join High Street, a $2 billion mixed-use, transit-oriented development underway in Atlanta’s Central Perimeter submarket. Phase I of the development, which will span 10 city blocks near the Dunwoody MARTA station, is set to come on-line in 2024. The new tenants joining High Street include three food-and-beverage concepts — Agave Bandido, Cuddlefish and Ben & Jerry’s — as well as boutique beauty salon Sugarcoat. Previously committed tenants at High Street include Puttshack and Hampton Social. In addition to 150,000 square …

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IllinoisInvestment salesNews

Marcus & Millichap Brokers $2.3 Million Sale of BP-Occupied Gas Station in Suburban Chicago

by Hayden Spiess

Downers Grove, Ill. — Marcus & Millichap has brokered the $2.3 million sale of a BP-occupied gas station property in the southwest Chicago suburb of Downers Grove. Timothy Nichols, Nicholas Kanich and Mitch Grant of Marcus & Millichap represented the seller, a locally based limited liability company. Nichols secured the buyer, also a locally based limited liability company.

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Sams-Club_Fayetteville
ArkansasCompany newsFloridaNews

Sam’s Club to Open More Than 30 New Stores, Five Fulfillment Centers in the United States

by Hayden Spiess

Bentonville, Ark. — Sam’s Club, a division of Walmart Inc., plans to open more than 30 new locations across the United States over the next several years. The first store, which is planned for an undisclosed Florida city, is scheduled to open in 2024. The new clubs will span approximately 160,000 square feet, which is larger than most current locations. Most new stores will feature a seafood/sushi island, full-service floral shop and walk-in dairy and fresh coolers, as well as a larger healthcare space featuring a patient waiting area, health …

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Providence-Commons
Grocery-anchoredInvestment salesNewsTennessee

JLL Brokers Sale of 110,137-Square-Foot Retail Center in Metro Nashville

by Hayden Spiess

Mt. Juliet, Tenn. — JLL Capital Markets has brokered the sale of Providence Commons, a 110,137-square-foot Publix-anchored retail center located in Mt. Juliet, roughly 20 miles northeast of Nashville. Phillips Edison & Co. acquired the property, which was fully leased at the time of sale, to tenants including Anytime Fitness, Starbucks Coffee, Moe’s, Pizza Hut, Papa Johns, Subway and Precision Eye Care. The sale also included 7.19 acres of undeveloped land adjacent to the shopping center. Jim Hamilton, Brad Buchanan and Andrew Michols of JLL represented the undisclosed seller in …

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