Wednesday, June 18, 2025
Read the Digital Magazines
Subscribe

News

The Stacks
DevelopmentNewsWashington DC

Joint Venture Plans to Break Ground on 2 Million-Square-Foot Stacks Mixed-Use Property in D.C.

by Julia Sanders

Washington, D.C. — A joint venture between Akridge, National Real Estate Advisors, Blue Coast Capital and Bridge Investment Group has plans to break ground on the first phase of The Stacks, a 2 million-square-foot mixed-use project in Washington, D.C. Bank OZK is providing a $367 million construction loan for the first phase of the development. William Collins, Bindi Shah, Marshall Scallan and Shaun Weinberg of Cushman & Wakefield arranged the loan. The construction timeline was not disclosed. The first phase of The Stacks will include three rental residential towers totaling …

Continue Reading
0 FacebookTwitterLinkedinEmail
IllinoisInvestment salesNews

Mid-America Brokers Sale of Two Shopping Centers in Suburban Chicago Totaling 732,212-Square-Foot

by Julia Sanders

North Riverside and Elmhurst, Ill. — Mid-America Real Estate Corp. has brokered the sale of two shopping centers in suburban Chicago. North Riverside Plaza is a 384,707-square-foot regional shopping center in North Riverside. Tenants include Kohl’s, Burlington, Best Buy, Petco, Michaels and a new grocery store that is currently under construction. Elmhurst Crossing is a 347,505-square-foot, grocery-anchored shopping center in Elmhurst. Major tenants include Whole Foods Market, Kohl’s, At Home and Petco. Ben Wineman and Kathryn Sugrue of Mid-America represented the longtime owner and seller, Federal Construction. Brixmor Property Group …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNewsTexas

Levcor Acquires Two Shopping Centers Totaling 184,000-Square-Foot in College Station

by Julia Sanders

College Station, Texas — Levcor has acquired two shopping centers totaling 184,000 square feet in College Station. University Park is a grocery-anchored center that comprises 97,000 square feet on a 9.2-acre site that is within one mile of Texas A&M University’s campus. Texas Avenue Crossing, located about 2.5 miles from campus, totals 87,000 square feet and is anchored by Bed Bath & Beyond, with Total Wine & More and Boot Barn set to join the roster this summer.

Continue Reading
0 FacebookTwitterLinkedinEmail
ConnecticutInvestment salesNews

FNRP Acquires 163,500-Square-Foot Sand Hill Plaza Shopping Center in Southern Connecticut

by Julia Sanders

Newtown, Conn. — First National Realty Partners has acquired Sand Hill Plaza, a 163,500-square-foot shopping center located in the southern Connecticut community of Newtown. A 61,450-square-foot Stop & Shop grocery store anchors the center, which originally opened in 1990 and also houses tenants such as T.J. Maxx, Mattress Firm, Verizon, Great Clips and Quest Diagnostics. Justin Smith and Chris Peterson of Atlantic Capital Partners represented the undisclosed seller in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNew YorkNews

Breslin Realty Acquires 50,000-Square-Foot Shopping Center in Metro Long Island

by Julia Sanders

Massapequa, N.Y. — Breslin Realty has acquired Massapequa Plaza, a 50,000-square-foot shopping center in Nassau County, about 23 miles from Long Island. Tenants at the center include Costello’s Ace Hardware, Rite Aid, Northwell Health GoHealth Urgent Care, Great American Jewelry, Pequa Spirits Wine & Liquor, Gino’s Tuscany Restaurant, Sal’s Meat Market, Three Amigos Fresh Mexican Grill and Fit Body Boot Camp.

Continue Reading
0 FacebookTwitterLinkedinEmail
Starbucks
ColoradoInvestment salesNews

Blue West Capital Arranges $3.4 Million Sale of Starbucks-Occupied Property in Metro Denver

by Julia Sanders

Commerce City, Colo. — Blue West Capital has arranged the $3.4 million sale of a single-tenant retail property in Commerce City, approximately 6 miles northeast of downtown Denver. Brandon Gayeski and Robert Edwards of Blue West Capital represented the seller, a Colorado-based partnership. The buyer was a 1031 exchange investor based in Colorado. The 2,340-square-foot property features a drive-thru and was constructed in 2020. Located at 4860 East 60th Ave., Starbucks Coffee occupies the property on a long-term lease.

Continue Reading
0 FacebookTwitterLinkedinEmail
Round Rock Crossing
Investment salesNewsTexas

Edge Realty Partners Arranges Sale of 245,592-Square-Foot Shopping Center in Metro Austin

by Julia Sanders

Round Rock, Texas — Edge Realty Partners has arranged the sale of Round Rock Crossing, a 245,592-square-foot shopping center in Round Rock, about 19 miles from Austin. Built in phases on 31.5 acres between 2004 and 2006, the eight-building property was 52 percent leased at the time of sale to 18 tenants. The roster includes Best Buy, Michael’s, Dollar Tree, Vitamin Shoppe, Five Guys and Salons by JC. Mart Martindale and Brandon Beeson of Edge Realty Partners represented the undisclosed seller in the transaction. The buyer, BH Properties, intends to …

Continue Reading
0 FacebookTwitterLinkedinEmail
Sand Hill Plaza
ConnecticutInvestment salesNews

First National Realty Partners Acquires 163,500-Square-Foot Grocery-Anchored Center in Newtown, Connecticut

by Julia Sanders

Newtown, Conn. — First National Realty Partners LLC has acquired Sand Hill Plaza, a 163,500-square-foot property in Newtown. Justin Smith and Chris Peterson of Atlantic Capital Partners represented the undisclosed seller in the transaction. Located at 228 South Main St., Sand Hill Plaza is anchored by a 61,450-square-foot Stop & Shop grocery store, which has been a tenant at the center since it opened in 1990. Other tenants at the property include T.J.Maxx, Mattress Firm, Verizon Wireless, Great Clips and Quest Diagnostics.

Continue Reading
0 FacebookTwitterLinkedinEmail
Sweetgrass Corner
Investment salesNewsSouth Carolina

Continental Realty Corp. Purchases Shopping Center in Metro Charleston for $17 Million

by Julia Sanders

Mount Pleasant, S.C. — Continental Realty Corp. (CRC) has purchased Sweetgrass Corner, a 90,000-square-foot neighborhood shopping center in Mount Pleasant, roughly 9 miles outside Charleston. New Market Properties, a subsidiary of Preferred Apartment Communities Inc, sold the property for $17 million. The buyer purchased the property on behalf of Continental Realty Fund V L.P. and a co-investment vehicle related to Fund V, which are both managed by CRC. Built in 1999, Sweetgrass Corner features 13 tenants offering a mix of medical and personal care services, as well as sit-down and …

Continue Reading
0 FacebookTwitterLinkedinEmail
East Ridge Crossing
Investment salesNewsTennessee

SRS Brokers Sale of 58,950-Square-Foot East Ridge Crossing Shopping Center in Chattanooga

by Julia Sanders

Chattanooga, Tenn. — SRS Real Estate Partners has brokered the sale of East Ridge Crossing, a 58,950-square-foot, Food Lion-anchored shopping center in Chattanooga. Kyle Stonis and Pierce Mayson of SRS represented the undisclosed seller and Tyler Matthews of Austin Sumner Properties represented the buyer, Hancock White Columns, in the transaction. Built in 1988 and renovated in 2021, East Ridge Crossing was 91 percent leased at the time of sale. The property is situated about seven miles southeast of downtown Chattanooga and just west of Interstate 75.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts