Canton, Ohio — Chapel Hill, North Carolina-based Prudent Growth Partners has acquired Whipple Bradley Plaza, a 20,751-square-foot shopping center located in Canton, for $2.7 million. Built in 1999, the center is leased to seven lifestyle and service-oriented tenants.
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Hemet, Calif. — Avison Young has negotiated the $2.2 million sale of a single-tenant retail property located at 1735 W. Florida Ave. in Hemet. Harbor Freight Tools occupies the 20,571-square-foot building, which was renovated in 2023. The tenant has approximately 11 years remaining on its absolute triple net lease. Chris Maling and David Maling of Avison Young represented the seller, a California-based limited partnership, in the transaction. The buyer was a California-based private investor.
Tacoma, Wash. — JLL Capital Markets has arranged the $37 million sale of Westgate North, 74,789-square-foot shopping center located in Tacoma, roughly two miles from the University of Puget Sound campus. Safeway anchors the property, which was 97.9 percent leased at the time of sale. Additional tenants at the center include Anytime Fitness, Chase Bank, Taco Bell, Xfinity, Subway and Round Table Pizza. Gleb Lvovich, Geoff Tranchina and Daniel Tyner of JLL’s Investment Sales and Advisory team represented the seller. The buyer was Phillips Edison & Co.
Allen, Texas — Indoor-outdoor entertainment and dining concept Chicken N Pickle will open its third venue in the Dallas-Fort Worth area and its fifth overall in Texas this month. Situated at The Farm, a mixed-use development located in Allen, Chicken N Pickle Allen totals 55,000 square feet across two levels, with dining areas, a sports bar, beer garden, cornhole, six indoor pickleball courts, two outdoor pickleball courts, as well as additional yard games. The venue also offers “all abilities” programming and sports wheelchairs. Chicken N Pickle Allen will open May 13. …
Hanley Investment Group Facilitates $12.6 Million Sale of Shopping Center in Fullerton, California
Fullerton, Calif. — Hanley Investment Group Real Estate Advisors has facilitated the $12.6 million sale of North Euclid Shopping Center, a 41,219-square-foot shopping center located in the Orange County city of Fullerton. A 21,480-square-foot Stater Bros. Markets formerly anchored the property. The remaining space is fully leased to a barber shop, hair salon, family dentist, chiropractic office, H&R Block and multiple quick-service restaurants. Kevin Fryman, Eric Wohl and Ed Hanley of Hanley Investment represented the seller, Anaheim, California-based Kraemer Land Co., and the buyer, an off-market local private investor, in the …
Marietta, Ga. — Three new tenants have signed leases to join The Avenue West Cobb, a shopping center located in Marietta, roughly 20 miles northwest of downtown Atlanta. BLENDED Smoothie & Juice Bar will open a 1,200-square-foot store in May, while BODYBAR Pilates will follow with a 2,188-square-foot studio in June. Hammer & Nails is scheduled to open an 1,868-square-foot space in August. Additional tenants at the property include J. Jill, Le’Zia, Hey Linda’s and Mud Creek Market. JLL is the property manager for The Avenue West Cobb.
Alpharetta, Ga. — Lincoln Property Co. is underway with development of The Shoppes at The Gathering, a new 43,700-square-foot retail center in the northern Atlanta suburb of Alpharetta. The property will anchor The Gathering-Alpharetta, a mixed-use development situated within a mile of downtown Alpharetta. Site construction for the project has begun and vertical construction is scheduled to begin in the fall. Upon completion in fall 2026, The Shoppes at The Gathering will include seven buildings ranging in size from 4,225 to 8,400 square feet that can accommodate single or multiple …
Palm Beach, Fla. — New York City-based O’Connor Capital Partners plans to redevelop the former Saks Fifth Avenue store at The Esplanade, a 146,000-square-foot shopping center located at 150 Worth Avenue in Palm Beach. The two-level, 50,000-square-foot store will be transformed to have high-end retail, office space and lifestyle offerings. Fairfax & Sammons Architecture will design the project, while Odyssey Retail will lead leasing efforts and tenant curation. Current luxury retailers at the The Esplanade include Louis Vuitton, Emilio Pucci, Akris, Christofle, Panerai, Hublot, Carolina Herrera, Lugano Diamonds and Worth …
Greensboro, N.C. — CBL Properties has announced that four new restaurants and two new retailers will be joining the tenant lineup at its Friendly Center, a 1.3-million-square-foot regional center located in Greensboro. All four restaurants — Cooper’s Hawk, First Watch, North Italia and French artisan bakery Tous les Jours — as well as LEGO, plan to open by the end of the year, while Rowan anticipates opening this summer. Additional openings are expected in 2025. Current tenants at Friendly Center — which comprises more than 140 stores and services — include …
Hanley, Walseth Investment Broker $11.6 Million Sale of Shopping Center in Mission Viejo, California
Mission Viejo, Calif. — A partnership between Hanley Investment Group and Walseth Investment Co. has arranged the sale of a 51,312-square-foot shopping center located at 24011-24031 Marguerite Parkway in Mission Viejo, for $11.6 million. A 37,118-square-foot Orchard Supply Hardware store formerly anchored the property, which occupied more than 72 percent of the center. Originally built in 1973 and renovated in 2016, the center sits on 3.4 acres and includes a mix of tenants including A Cut Above, Little Caesars Pizza and Leslie’s Pool Supplies. Kevin Fryman, Bill Asher and Ed …