News

baybrook-village
Investment salesNewsTexas

CBRE Brokers Sale of 278,842-Square-Foot Baybrook Village in Metro Houston

by Abby Cox

Webster, Texas — CBRE has brokered the sale of Baybrook Village, a 278,842-square-foot shopping center located in Webster, approximately 20 miles southeast of downtown Houston. Mark Witcher, Jolie Duhon, Jim Batjer, Chris Cozby and Harrison Tye of CBRE’s National Retail Partners team represented the seller, O’Connor Capital Partners, in the transaction. Fidelis Realty Partners purchased the property for an undisclosed price. Brent Crawford and John Fenoglio, also with CBRE, arranged acquisition financing on behalf of the buyer. Originally built in 1978 and renovated in 2020, Baybrook Village houses a mix of tenants …

Continue Reading
0 FacebookTwitterLinkedinEmail
Smart-and-Final
CaliforniaInvestment salesNews

SRS Negotiates $11.4 Million Sale of Single-Tenant Retail Property in Metro Los Angeles

by Abby Cox

Huntington Park, Calif. — SRS Real Estate Partners has negotiated the $11.4 million sale of a single-tenant retail property located in Huntington Park, roughly seven miles south of downtown Los Angeles. A Smart & Final grocery store occupies the 28,000-square-foot building, which was built in 2018. Joe Chichester, John Redfield and Kyle Zimmer of SRS Real Estate represented the buyer, a private investor based in Mexico City, in the transaction. The seller was a private investor based in Los Angeles.

Continue Reading
0 FacebookTwitterLinkedinEmail
Vero-Beach-Square
FloridaInvestment salesNews

Marcus & Millichap Arranges $6.2 Million Sale of Retail Strip Center in Vero Beach, Florida

by Abby Cox

Vero Beach, Fla. — Marcus & Millichap has arranged the $6.2 million sale of Vero Beach Square, an 11,480-square-foot retail strip center located at 5125 20th St. in Vero Beach. Built in 2019, the fully leased retail property houses a mix of tenants including Dunkin’, Jersey Mike’s, Tropical Smoothie Café and Corporate Elite Hearing Centers of America. Drew Kristol and Kirk Olson of Marcus & Millichap’s Miami office marketed the property on behalf of the seller, Davie, Florida-based Ross Realty, and procured the buyer, a private investment group based in …

Continue Reading
0 FacebookTwitterLinkedinEmail
Hillrose-Market_Roswell
DevelopmentGeorgiaMixed-useNews

Atlantic Cos. Secures Construction Financing, Breaks Ground on Mixed-Use Project in Metro Atlanta

by Abby Cox

Roswell, Ga. — The Atlantic Cos. has secured construction financing and commenced construction on Hillrose Market, a 7-acre mixed-use development in downtown Roswell, a northern suburb of Atlanta. The financing includes debt from SouthState Bank and a revenue bond issued by the Roswell Downtown Development Authority. Patterson Real Estate Advisory Group arranged the financing. Located adjacent to City Hall with a walking trail connection to the city’s Canton Street district, Hillrose Market will comprise a six-building, 75,000-square-foot retail village surrounding a central greenspace, as well as an office building dubbed …

Continue Reading
0 FacebookTwitterLinkedinEmail
village-park-plaza
IndianaInvestment salesNewsPower centers

CBRE Negotiates Sale of 290,016-Square-Foot Power Center in Metro Indianapolis

by Abby Cox

Carmel, Ind. — CBRE has negotiated the sale of Village Park Plaza, a 290,016-square-foot power center located in Carmel, roughly 23 miles north of Indianapolis. Christian Williams, Michael Watson, Michael Kaider, Keegan Barrett, George Good, Richard Frolik, Adam Foret and Kevin Broderick of CBRE’s National Retail Partners team represented the seller, Washington Prime Group, in the transaction. Oakbrook Terrace, Illinois-based Pine Tree, in partnership with a state pension fund, purchased the property. Village Park Plaza was 99 percent leased at the time of sale to tenants including Walmart, Menard’s, Academy Sports, …

Continue Reading
0 FacebookTwitterLinkedinEmail
midtown-bonita
DevelopmentFloridaLeasingMixed-useNews

Zuckerman Group Signs Two Tenants to Join Midtown at Bonita Mixed-Use Development in Southwest Florida

by Abby Cox

Bonita Springs, Fla.  — The Zuckerman Group has signed leases with two new national tenants at Midtown at Bonita, a 68-acre, mixed-use development under construction located in Bonita Springs, about 15 miles north of Naples. T.J. Maxx and Ulta Beauty will join the lineup at Midtown at Bonita, which has leased nearly 100,000 square feet of retail space. Other committed tenants include Chipotle Mexican Grill, Panera Bread, The Hangry Bison, Club Pilates, Good Vets, Jeff’s Bagel Run, Noire the Nail Bar, Bonita Beach Wine & Spirits, Gelato&Co., LowBrow Pizza & Beer, …

Continue Reading
0 FacebookTwitterLinkedinEmail
GeorgiaLeasingMixed-useNews

Jamestown Signs Leases with Three New Tenants at Avalon in Metro Atlanta

by Abby Cox

Alpharetta, Ga. —Jamestown has signed leases with three new tenants at the Avalon in Alpharetta, a 2.3 million-square-foot mixed-used development located in Alpharetta, a northern suburb of Atlanta. Johnnie-O will debut a 1,900-square-foot clothing store this summer, along with luxury activewear and lifestyle brand ALO YOGA, which will open a 4,000-square-foot store and its second location in Georgia. Meanwhile, Vuori is scheduled to debut a 4,800-square-foot space this spring. In addition to the newly signed tenants, Kendra Scott, Posman Books and Rowan have all recently refreshed their locations at Avalon. …

Continue Reading
0 FacebookTwitterLinkedinEmail
3030-N-Broadway
Grocery-anchoredIllinoisInvestment salesNews

Mid-America Brokers $50.1 Million Sale of 131,748-Square-Foot Grocery-Anchored Center in Chicago

by Abby Cox

Chicago — Mid-America Real Estate Corp. has brokered the sale of 3030 North Broadway, a 131,748-square-foot shopping center located in Chicago. L3 Capital acquired the property for $50.1 million. Ben Wineman and Joe Girardi of Mid-America Real Estate Corp. represented the seller, SITE Centers, in the transaction. Mariano’s anchors the five-story property, which features a mix of additional tenants including Club Studio, PNC Bank, Starbucks Coffee and Fresh Dental.

Continue Reading
0 FacebookTwitterLinkedinEmail
ArizonaDevelopmentNews

Diversified Partners Signs EOS Fitness to Anchor New Retail Development in Metro Phoenix

by Abby Cox

Glendale, Ariz. — Diversified Partners has signed EOS Fitness to anchor a new 24.5-acre commercial retail development in Glendale, roughly nine miles northwest of downtown Phoenix. The developer acquired the site for $5.9 million in 2022, as reported by the Phoenix Business Journal. Along with EOS Fitness, additional confirmed tenants at the new shopping center, which is currently 77 percent preleased, include Dutch Bros Coffee, HTeaO, Farmer Boys and Bojangles. An approximately 2,057-square-foot endcap shop space remains available for lease, along with additional drive-thru and retail opportunities. The development is designed …

Continue Reading
0 FacebookTwitterLinkedinEmail
Target-Store
Company newsNewsRetailers

Target to Invest $2 Billion in 2026, Plans to Open 300 New Stores by 2035

by Abby Cox

Minneapolis — Minneapolis-based Target has unveiled a $2 billion, multi-year strategy to open new stores, refresh its store experience across the chain and invest in store payroll and training. Specifically, Target is planning to make a $1 billion operating investment to deliver a “more consistent, elevated experience for guests,” including updated floorplans, enhanced in-store displays and the expansion of brand marketing. Target also plans to increase its capital investment by more than $1 billion to support new stores and ongoing remodels, technology and its supply chain. While investing in more than …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts