San Juan Capistrano, Calif. — The Voyager Group, a brand strategy and creative marketing agency, is celebrating its 25th year of business. Voyager works with clients on a range of services including brand strategy; corporate identity; customer immersion; insight and programming; digital design and development; environmental design; production services; property launches; traditional advertising; and video production. The San Juan Capistrano, California-based agency also crafts brand narratives, signage, sales centers, leasing materials, media campaigns, immersive installations, social media presence and property launches on behalf of developers. The company has worked with …
Duarte, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $11.9 million sale of a 19,497-square-foot retail center located at 2315-2329 Huntington Drive in the Los Angeles County community of Duarte. Jeff Lefko and Bill Asher of Hanley Investment Group represented the buyer, a private investor in Monrovia, California, in the acquisition of the property from Lake Development. CVS/pharmacy anchors the center, which is fully occupied by tenants including Bank of America and Children 1st Pediatric Group.
Barnwell, S.C. — Cooper Commercial Investment Group has arranged $3.3 million sale of Dunbarton Plaza, a 24,000-square-foot retail center located in Barnwell. The fully occupied property is shadow-anchored by Walmart Supercenter and was home to tenants including Cato, AT&T, Shoe Show, Domino’s Pizza and Hibbett Sports at the time of sale. Bob Havasi and Dan Cooper of Cooper Commercial Investment Group represented the seller, an East Coast private investor, in this transaction. A private South Carolina-based investment group purchased the property.
Fairlawn, Ohio — Marcus & Millichap has arranged the $7.8 million sale of a Walgreens-occupied property in Fairlawn, a northwest suburb of Akron. The 14,820-square-foot, net-leased building is located at 3009 W. Market St. Dustin Javitch, Craig Fuller, Erin Patton and Scott Wiles of Marcus & Millichap represented the seller, a private investor. Buyer information was not provided.
Naples, Fla. — RealSource Group has arranged the $5.6 million sale of a single-tenant property net-leased to 7-Eleven in North Naples. Austin Blodgett of RealSource, along with ParaSell Inc., represented the buyer, a private investor based in Los Angeles, California. John Beckman of Retail Site Experts represented the seller, Creighton Development, in the transaction. The 3,155-square-foot building is located on 0.8 acres at Green Tree Center and features a fuel station.
Pomona, Calif. — Progressive Real Estate Partners has brokered the $2.7 million sale of a Jack in the Box-occupied property located at 101 W. Foothill Blvd. in the Los Angeles County community of Pomona. A San Gabriel, California-based private investor acquired the asset from an undisclosed seller. Mike Lin of Progressive Real Estate Partners represented the buyer in the transaction. Jack in the Box has occupied the property, which features a drive-thru lane, for more than 30 years.
New York City — Bathhouse has signed a 34,328-square-foot lease at 7 West 21st St. in Manhattan’s Flatiron District. The location within Friedland Properties’ 289,809-square-foot residential building will be the company’s first in Manhattan to accompany its space in Brooklyn’s Williamsburg area. Jason Pruger and Lucas Kooyman of Newmark represented Friedland Properties in the lease negotiations. Ross Eisenberg of RDE Advisors Inc. represented Bathhouse.
Palm Beach Gardens, Fla. — CBRE has arranged the $101.7 million sale of Legacy Place, a 425,316-square-foot open-air shopping center in Palm Beach Gardens. A joint venture between Lone Star Funds and Woolbright Development purchased the property. Casey Rosen and Dennis Carson of CBRE National Retail Partners in Florida represented the undisclosed seller in the transaction. Legacy Place was 72 percent leased at the time of sale to tenants including Barnes & Noble, Bassett Furniture, Best Buy, Ethan Allen, Michael’s, Nicklaus Children’s Hospital, Petco, The Container Store and Total Wine …
Time Equities Acquires Three Shopping Centers in Maryland, Indiana and Mississippi for $23.4 Million
Glen Burnie, Md., Munster, Ind. and Jackson, Miss. — Time Equities Inc. (TEI) has acquired three shopping centers totaling 307,284 square feet in Maryland, Indiana and Mississippi for $23.4 million. Acquisitions include Harundale Plaza, a 217,619-square-foot, Lidl-anchored retail center in Glen Burnie, Maryland. The property was acquired for $16.4 million from SITE Centers and Limited Partners. Ryan Sciullo, R. William Kent, Matt Karempelis and Chris Decoufle of CBRE represented the sellers in the transaction. TEI also acquired Ridgewood Plaza, a 36,307-square-foot shopping center anchored by Applebee’s in Munster, Indiana, for …
Hiram, Ga. — Colliers International has brokered the $8.3 million sale of Paulding Pavilion, a 78,346-square-foot shopping center in Hiram, roughly 26 miles northwest of downtown Atlanta. Scott Israel and Joe Montgomery of Colliers represented the seller, The Ardent Cos., in the disposition of the property to an undisclosed private investor. Built in 1996 and renovated in 2004, Paulding Pavilion was fully leased at the time of sale to tenants including Bargain Hunt, Big Air Trampoline Park and America’s Best Contacts & Eyeglasses.