Greenville, S.C. — The retail division of SVN | Blackstream, dubbed Reedy River Retail, has negotiated the $10.7 million sale of Woodruff Village Shopping Center in Greenville. Located at 1810-1848 Woodruff Road, the property’s tenant roster includes Planet Fitness, Social Latitude and Habitat for Humanity’s Restore. Daniel Holloway and Dustin Tenney of Reedy River Retail represented the seller, an entity doing business as Woodruff Investment National Exchange LLC, in the transaction. Rox Pollard of Colliers represented the buyer, MarBro Realty LLC.
Charlotte, N.C. — CBRE has announced plans for the renovation and rebranding of EpiCentre, a 302,324-square-foot mixed-use development in uptown Charlotte. Significant improvements are currently underway, including repairs to the property’s courtyard, parking garage, patios and roof. The development originally opened in 2008 and is to be renamed Queen City Quarter. Kivett Williams and Kris Westmoreland of CBRE are the exclusive marketing and leasing agents for the retail and office spaces respectively.
Odessa, Fla. — Tommy Ware of Northmarq has arranged $4.5 million in refinancing for Keystone Crossing Shopping Center, located in Odessa, approximately 25 miles north of Tampa. Built in 2001, the 47,817-square-foot grocery-anchored retail center sits on a six-acre property. This refinancing comes in the form of a permanent-fixed loan, secured through a life company lender.
Moreno Valley, Calif. — Progressive Real Estate Partners has arranged the $2.8 million sale of a property located in Moreno Valley to Southern California-based Mexican restaurant chain Kalaveras. The 8,927-square-foot building previously housed a Woody’s Restaurant, which closed in late 2021. Albert Lopez and Greg Bedell of Progressive represented the seller, a Southern California-based private investor. Allen Kirschbaum of Saddleback Realty represented Kalaveras in the transaction.
Quakertown, Pa. — Cronheim Mortgage has arranged $9 million in permanent financing for a 210,000-square-foot shopping center in Quakertown, located approximately 40 miles north of Philadelphia. Anchored by Giant, the unnamed center also houses tenants such as Rite Aid, Buffalo Wild Wings, H&R Block and Panera Bread. Allison Villamagna and Andrew Stewart of Cronheim Mortgage arranged the financing on behalf of the borrower, a subsidiary of New York City-based ADCO Group. An undisclosed life insurance company provided the loan.
Totowa, N.J. — Total Wine & More has opened a 32,000-square-foot store at Totowa Square, a 258,000-square-foot retail power center located in Northern New Jersey, roughly 16 miles north of Newark and 20 miles northeast of New York City. The retailer is backfilling a space formerly occupied by Babies ‘R’ Us. Brian Katz and Amy Staats of Katz & Associates represented the landlord in the lease negotiations. Brian Schuster of Ripco Real Estate represented the tenant.
Cary, N.C. — Hines and Columbia Development have announced the addition of four new tenants to Fenton, a mixed-use development in Cary, located approximately 10 miles west of Raleigh. Warby Parker, Faherty Brand, Bluemercury and Doc B’s Restaurant and Bar will join the 69-acre property. Fenton is home to tenants including Nike Live, Sports & Social, Arhaus, Sephora, Williams Sonoma, Lululemon, Free People, Athleta, Honeysuckle Gelato, Pottery Barn, Superica and Radiant Waxing. Warby Parker will occupy 1,612 square feet; Faherty will occupy 2,115 square feet; Doc B’s will occupy 6,009 …
Dublin, Ohio — Hanley Investment Group Real Estate Advisors has arranged the sale of Perimeter Center, a 139,000-square-foot shopping center in Dublin, roughly 17 miles north of Columbus. Ed Hanley and Kevin Fryman of Hanley, in association with ParaSell Inc., represented the buyer, an affiliate of Orton Development Inc., in the 1031 exchange transaction. Perimeter Center was fully leased at the time of sale to tenants including Giant Eagle Market District, Chipotle Mexican Grill, Edward Jones, Enterprise Rent A Car, Sport Clips, UPS Store and Jersey Mike’s Subs. The seller, …
Fort Worth, Texas — Centergy Retail has sold Left Bank, a 114,120-square-foot shopping center located in Fort Worth, roughly 35 miles east of Dallas. Tom Thumb anchors the center, which was 98 percent leased at the time of sale. Other tenants include Hopdaddy Burger Bar, Crumbl Cookies, Nékter Juice Bar and Buffalo Wild Wings. Jim Batjer, Chris Cozby, Mark Witcher, Blaine Dozier and Harrison Tye of CBRE represented Centergy in the transaction.
Dallas — STRIVE has arranged the sale of a 50,267-square-foot retail property in Dallas. The spaces are primarily leased to Burlington and Planet Fitness. Jennifer Pierson and Hudson Lambert of STRIVE represented the seller, a locally based partnership, and procured the buyer, an institutional out-of-state investor, in the transaction.