Thursday, June 12, 2025
Read the Digital Magazines
Subscribe

News

Lake Forest Marketplace
Investment salesNewsTexas

Disney Investment Group Arranges Sale of 37,500-Square-Foot Lake Forest Marketplace in Metro Dallas

by Julia Sanders

McKinney, Texas — Disney Investment Group (DIG) has arranged the sale of Lake Forest Marketplace, a 37,500-square-foot shopping center in McKinney, about 33 miles from Dallas. The property was built in 2019. At the time of sale, Lake Forest Marketplace was fully leased to 14 tenants, including Pet Supplies Plus, MOD Pizza, Athletico, Floyds 99 Barbershop, Jersey Mike’s Subs and The UPS Store. David Disney and Adam Crockett of DIG represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Walgreens
Investment salesKansasNews

SVN | Chicago Commercial Brokers $4.4 Million Sale of Walgreens-Occupied Property in Wichita, Kansas

by Julia Sanders

Wichita, Kan. — SVN | Chicago Commercial has brokered the $4.4 million sale of a 15,120-square-foot retail property occupied by Walgreens in Wichita. The net-leased property is located at 333 W. 13th St. Tim Franz of SVN represented the undisclosed seller. A California-based private equity group was the buyer.

Continue Reading
0 FacebookTwitterLinkedinEmail
Tri County Mall
Investment salesNewsOhio

MarketSpace Capital, Park Harbor Capital Complete Purchase of Tri-County Mall Near Cincinnati, Plan $1 Billion Redevelopment

by Julia Sanders

Springdale, Ohio — MarketSpace Capital and Park Harbor Capital, two private real estate investment and development firms based in Texas, have officially closed on their purchase of Tri-County Mall, an enclosed, 1.3 million-square-foot regional shopping center in the Cincinnati suburb of Springdale. The co-developers plan to transform the mostly vacant mall into a $1 billion redevelopment project housing residences, offices, restaurants, shops, a school, entertainment venues and green space. The redevelopment received unanimous approval from the Springdale City Council about 10 weeks ago. MarketSpace and Park Harbor are set to …

Continue Reading
0 FacebookTwitterLinkedinEmail
Freedom Town Center
Investment salesNewsNorth Carolina

SRS Arranges $72.5 Million Sale of Shopping Center in Fayetteville, North Carolina

by Julia Sanders

Fayetteville, N.C. — SRS Real Estate Partners’ Investment Properties Group has arranged the sale of Freedom Town Center, a 350,838-square-foot shopping center in Fayetteville. The seller, an entity doing business as NC Fayetteville Skibo LLC, sold the property for $72.5 million to an undisclosed buyer. Kyle Stonis, Pierce Mayson and Boris Shilkrot of SRS’ Atlanta office represented the buyer in the transaction. Tyson Glasser of RealtyLink represented the seller. Built in 2017, Freedom Town Center was 99.7 percent leased at the time of sale to tenants including Field & Stream, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNewsTexas

CTO Realty Growth Buys Metro Houston Shopping Center for $39.1 Million

by Julia Sanders

Houston — CTO Realty Growth has purchased Price Plaza Shopping Center, a 205,000-square-foot retail center in western Houston, for $39.1 million. The property sits on a 22.3-acre site along the Interstate 10/Katy Freeway corridor and was 95 percent leased at the time of sale, with Best Buy, Ross Dress for Less, dd’s DISCOUNTS and James Avery Artisan Jewelry serving as the anchor tenants. The center was acquired from an undisclosed seller via a 1031 exchange.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNew HampshireNews

Horvath & Tremblay Negotiates $16.9 Million Sale of Retail Property in Southern New Hampshire

by Julia Sanders

Merrimack, N.H. — Horvath & Tremblay has negotiated the $16.9 million sale of an 80,795-square-foot retail property in Merrimack, located near the Massachusetts-New Hampshire border. The three-building property was built on 14 acres in 2018. Altitudes, a trampoline and adventure park, anchors the center, and other tenants include Planet Fitness, Dollar General, Triangle Credit Union and Beer & Wine Nation. Bob Horvath and Todd Tremblay represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Company newsNewsWisconsin

Kohl’s to Open 100 Smaller-Format Stores, 850 Sephora Locations Across U.S.

by Julia Sanders

Menomonee Falls, Wis. — Kohl’s Corp. has announced plans to open 100 smaller-format stores over the next four years. The company also aims to grow its Sephora business to more than $2 billion in annual sales through the opening of 850 new locations. The Menomonee Falls, Wisconsin-based retailer will launch self-serve, buy online and in-store pick up options at all locations; enhance Kohl’s Card Rewards earnings to 7.5 percent every day; introduce a co-branded credit card in 2023; and grow its online digital sales to $8 billion by enhancing discovery …

Continue Reading
0 FacebookTwitterLinkedinEmail
Pizza Man
CaliforniaLeasingNews

New Tenants to Open at The Collection at RiverPark in Oxnard, California

by Julia Sanders

Oxnard, Calif. — Several new tenants are set to open at The Collection at RiverPark, a 650,000-square-foot open-air retail development by CenterCal Properties and Shea Properties in Oxnard. New tenants include Two Hands Corn Dogs, which will open within the property’s 16,000-square-foot food hall; The Mighty Axe, an axe throwing entertainment concept; Devil & Angel Desserts; and medical clinic Exer Urgent Care. The Collection at RiverPark is anchored by Target, Century RiverPark 16 and XD, Levity Live Comedy Club, 24-Hour Fitness SuperSport, REI, Whole Foods Market, H&M, Ulta Beauty and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Park Place
FinanceNewsWashington

IPA Arranges $23.4 Million Acquisition Loan for Park Place Retail Property in Metro Seattle

by Julia Sanders

Tukwila, Wash. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged a $23.4 million acquisition loan for Park Place, a regional strip center in Tukwila, about 12 miles from Seattle. Ray Allen of IPA’s Seattle office secured the 10-year financing, which features a loan-to-value ratio of 65 percent and a 3.5 percent interest rate. Built in 1996, the property features 153,454 square feet of retail space, and is located at 17501 Southcenter Parkway. Current tenants include JoAnn Fabrics, K&G, HomeGoods, Ashley Homestore and PetSmart. The buyer …

Continue Reading
0 FacebookTwitterLinkedinEmail
La Paz
CaliforniaFaris Lee InvestmentsInvestment salesNews

Faris Lee Investments Brokers $14.1 Million Sale of La Paz Shopping Center in Laguna Niguel, California

by Julia Sanders

Laguna Niguel, Calif. — Faris Lee Investments has negotiated the sale of La Paz Shopping Center in the Orange County city of Laguna Niguel. Carson Cos. sold the property to an Orange County-based private investor for $14.1 million. Scott DeYoung, Jeff Conover and Chris DePierro of Faris Lee Investments represented the seller and the buyer in the deal. Located at 460 S. Lake Ave., the property features 35,302 square feet of retail space. Current tenants include Walgreens and Wild Fork Foods, a meat and seafood market. The multi-tenant property also …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts