Irving, Texas — Structure Commercial has arranged the sale of Imperial Square, a 68,492-square-foot retail center in Irving. At the time of sale, the center was fully leased to a tenant roster that includes FedEx-Kinkos, Allegiance Staffing and Mint Mobile. Eric Deuillet and Jake Burns of Structure Commercial represented the undisclosed seller in the transaction. Greg Nelson and Brent Bosworth of Paladin Partners represented the buyer, Global Unique Logistics Corp.
Greenfield, Wis. — Mid-America Real Estate Group has arranged the $9.4 million sale of 84South Small Shops, a 17,805-square-foot retail center located at 8775-8871 W. Sura Lane in Greenfield. Built in 2018, 84South Small Shops includes tenants such as Men’s Hair House, Hand & Stone Massage and Facial Spa, MOD Pizza, FedEx Office and Cafe Zupas. Dan Rosenfeld of Mid-America Real Estate represented the undisclosed seller.
Anderson, Ind. — Quantum Real Estate Advisors Inc. has brokered the sale of a 14,418-square-foot property occupied by Walgreens in Anderson, about 40 miles northeast of Indianapolis. Constructed in 2004, the building is located at 320 S. Scatterfield Road. At the time of sale, Walgreens had roughly eight years remaining on its 25-year lease term. Dan Waszak of Quantum represented the buyer, a New York City-based 1031 investor. The seller was also based in New York.
Roswell, Ga. — JLL Capital Markets has arranged the $39.1 million sale of King’s Market, a 281,064-square-foot retail center in Roswell, roughly 21 miles outside Atlanta. Jim Hamilton, Brad Buchanan and Andrew Michols of JLL marketed the property on behalf of the seller, The Mimms Family. Brixmor Property Group purchased the center. Anchored by Publix, King’s Market was 75 percent occupied at the time of sale by tenants including Frontgate Furniture Outlet, Sky Zone and TK Volleyball.
Reno, Nev. — DCG has arranged the sale of South Meadows Promenade, a retail center located on the corner of South Meadows Parkway and Double R Boulevard in Reno. An investor in a 1031 exchange acquired the property for $34 million. The name of the seller was not disclosed. At the time of escrow, the 80,000-square-foot shopping center was fully occupied. Current tenants include Sprouts Farmers Market, Marshalls, Pet Station, The Joint Chiropractic, Chase Bank, Chipotle Mexican Grill, Panda Express, Starbucks Coffee, Blaze Pizza, Jersey Mike’s Subs and Sports Clips. …
Cincinnati — Cooper Commercial Investment Group has brokered the sale of Meadows Plaza in Cincinnati for an undisclosed price. The 11,746-square-foot retail center was fully leased at the time of sale to tenants such as Harper’s Point Eye Associates, Allstate Insurance, Reliable Staffing and AnyLabTestNow. Dan Cooper of Cooper Group represented the seller, a metro Cincinnati-based private investor. A West Coast-based buyer purchased the property.
Coon Rapids, Minn. — Hanley Investment Group Real Estate Advisors has arranged the $11.5 million sale of Riverdale Village, a three-tenant outparcel in Coon Rapids, roughly 15 miles outside Minneapolis. Jeff Lefko and Bill Asher of Hanley Investment Group, in association with Robert Wise with CBRE, represented the seller, OneCorp Global. Boston Weir of Henry Group Real Estate represented the buyer, an undisclosed private investor based in Evergreen, Colorado. Built in 2021, the property includes a single-tenant, 4,150-square-foot building with a drive-thru occupied by Bank of America and a two-tenant, …
Glenarden, Md. — Urban Edge Properties has welcomed LA Fitness to Woodmore Towne Centre, a shopping center located at 2250 Petrie Lane in Glendarden. The retailer opened a 42,154-square-foot gym within the center. Additional tenants set to open at the shopping center include Ledo Pizza and European Wax Center, which are both expected to open soon, and Burn Box and Club Pilates, which will open by the second quarter of 2022. The property is 97 percent leased to tenants including Wegmans, Costco, Best Buy, At Home, Nordstrom Rack and Starbucks …
Million Viejo, Calif. — Gerrity Group has completed the disposition of Gateway Center, a retail center in Orange County’s Mission Viejo. San Jose-based DJM Capital acquired the asset for $39.5 million. Completed in 1979, Gateway Center features 79,001 square feet of retail space. Current tenants include Starbucks Coffee, Cold Stone Creamery, Subway, Baja Fresh, Happy Minds Academy, Oggi’s and San Diego Credit Union. The property is located on 7.3 acres at 23972-24042 Alicia Parkway. Gleb Lvovich, Bryan Ley and Geoff Tranchina of JLL Retail Capital Markets represented the seller in …
Lawrenceville, N.J. — Houlihan-Parnes Realtors LLC has arranged a $22.7 million loan for the refinancing of a 393,430-square-foot shopping center in Lawrenceville, a suburb of Trenton. Tenants at the property include Lidl, Starbucks, AutoZone, Five Below and Aspen Dental. Bryan Houlihan and James Houlihan of Houlihan-Parnes arranged the five-year, fixed-rate loan on behalf of the borrower, JJ Operating Inc., a family-owned investment and management firm based in New York City. An undisclosed local bank provided the debt.