Lakeland, Fla. — Publix plans to hire 30,000 employees during the fourth quarter of 2021. New employees will work across the company’s portfolio of 1,284 stores, nine distribution centers and 11 manufacturing facilities in Alabama, Florida, Georgia, South Carolina, Tennessee, North Carolina and Virginia. Employee benefits at Publix include tuition reimbursement and a stock ownership program. The Lakeland, Florida-based company is also rewarding employees that receive the COVID-19 vaccination with a $125 Publix gift card.
New York City — Brookfield Properties has opened Manhattan West, an eight-acre mixed-use development located on New York City’s west side. Manhattan West includes retail, restaurant, residential, office and hospitality uses. The centerpiece of the open-air project, which was designed by Skidmore, Owings & Merrill, is a 2.5-acre public plaza. Retail tenants include Whole Foods Market, The NHL Store, Starbucks Coffee, Peloton Store, City National Bank and Midnight Theatre.
Algonquin, Ill. — Ashley HomeStore has signed a 48,397-square-foot retail lease at 1500 S. Randall Road within Algonquin Commons, a 600,000-square-foot lifestyle center in the northwest Chicago suburb of Algonquin. The retailer is relocating from nearby 2451 S. Randall Road where it operated for 12 years. Brad Murchison, Chris Irwin and Brad Belden of Colliers International represented the tenant in the lease transaction. Marget Graham of Mid-America Real Estate Group represented the landlord, Red Mountain Retail Group Inc. Based in Wisconsin, Ashley HomeStore operates more than 900 locations nationwide.
Chicago — Cushman & Wakefield has brokered the $13.1 million sale of the Tesla Service Center of Chicago, located at 3059-3057 N. Elston Ave. in Chicago’s Avondale neighborhood. The build-to-suit for Tesla opened in 2019. The service center spans 31,700 square feet and provides maintenance and repairs for all Tesla models. Michael Marks, Evan Halkias, David Matheis and Eric Cline of Cushman & Wakefield represented the seller, a private owner. Exan Capital acquired the property on behalf of a separate account, Chicago Elston One LLC.
Memphis — Hanley Investment Group Real Estate Advisors has arranged the sale of two single-tenant retail properties net leased to Burger King in Memphis. The properties sold for a total of $6 million to two separate buyers. Matt Burnett of Hanley Investment Group, in association with Scott Reid & ParaSell Inc., represented the seller, a private investor based in Los Angeles, in both transactions. Dispositions included a 2,860-square-foot Burger King property with a drive-thru located less than one mile from the Memphis International Airport, which sold for $3.5 million to …
Beaumont, Calif. — Brixton Capital has acquired Marketplace Beaumont, a 187,851-square-foot shopping center in Beaumont. Brixton purchased the property from the FJ Hanshaw Trust for an undisclosed price. Gleb Lvovich & Daniel Tyner of JLL represented the buyer in the transaction, while FJ Hanshaw Trust was self-represented. The shopping center was 92 percent leased at the time of sale to tenants including Aldi, Petco, Ross, Best Buy, Taco Bell, Starbucks Coffee and Bank of America. The property includes five drive-thru pads. The new ownership plans to renovate the property, with …
Atlanta — JLL Capital Markets has arranged the $16 million sale of Main Street South Fulton, a 129,449-square-foot, Kroger-anchored retail center in the Atlanta-area community of South Fulton. The center is fully leased to retailers including Dollar Tree, Rainbow USA, Pizza Hut and Subway. Located at 6055 Old National Highway, the center is approximately three miles south of Atlanta’s Hartsfield-Jackson International Airport. Brad Buchanan, Jim Hamilton and Andrew Kahn of JLL represented the seller, M&P Shopping Centers. Benjamin Bruner of the Bruner Group represented the buyer, Irgang Group Inc.
Lewisville, Texas — Weitzman has arranged the sale of The Shops at Vista Ridge, a 74,837-square-foot retail center located in the northern Dallas suburb of Lewisville. Texas Family Fitness and Harbor Freight Tools anchor the center, which is home to tenants including JC, McAlister’s Deli, Smoothie King and Hobbytown USA. Matthew Rosenfeld, Kevin Butkus and Giovanni Scardino of Weitzman handled negotiations on behalf of the sellers, a partnership between Lamar Cos. and Real Capital Solutions. The buyer was an undisclosed, locally based investment group.
Selinsgrove, Penn. — JLL Capital Markets has arranged the $44.8 million sale of Monroe Marketplace, a 372,794-square-foot, grocery-anchored shopping center located in the central Pennsylvania community of Selinsgrove. Christopher Munley, Jim Galbally and Colin Behr of JLL represented the seller, an undisclosed institutional investor, in the disposition of the property to Acadia Realty Trust. Tenants at Monroe Marketplace include GIANT Food Stores, T.J. Maxx, Dick’s Sporting Goods, Kohl’s, Ross, Old Navy, PetSmart, Buffalo Wild Wings, Longhorn Steakhouse, Michael’s, Sally Beauty and Ulta Beauty. The center is also shadow-anchored by Target.
El Paso, Texas — NewQuest Properties has brokered the sale of Sunrise Village Center, a 186,880-square-foot shopping center located near Fort Bliss in El Paso. Sunrise Village Center was originally built in 1957 and was 44 percent leased at the time of sale to tenants including Dollar General, Sally’s Beauty Supply and Black Fridays Daily Discount Store. The buyer, which plans to redevelop the property, was a private investor doing business as JMK5 Holdings LLC. The seller was a family trust and original owner of the property. David Luther, Kelley …