Monday, June 30, 2025
Read the Digital Magazines
Subscribe

News

CaliforniaInvestment salesNewsRestaurants

SRS Real Estate, Hanley Investment Arrange $5 Million Sale of New Raising Cane’s in Anaheim

by Alex Tostado

Anaheim, Calif. — SRS Real Estate and Hanley Investment Group have arranged the $5 million sale of a new Raising Cane’s Chicken Fingers in Anaheim. The 3,233-square-foot, freestanding building was delivered in late August and is located at 223 S. Euclid Ave., two miles west of downtown Anaheim. The property is situated at the entrance to a Target-anchored shopping center. Bill Asher and Jeremy McChesney of Hanley Investment represented the buyer, a private investor from Los Angeles, in the transaction. Patrick Luther and Matthew Mousavi of SRS Real Estate represented the …

Continue Reading
0 FacebookTwitterLinkedinEmail
Grocery-anchoredInvestment salesNewsSouth Carolina

Stan Johnson Arranges $22.2 Million Sale of Oakbrook Station Shopping Center in Metro Charleston

by Alex Tostado

Summerville, S.C. — Stan Johnson Co. has arranged the $22.2 million sale of Oakbrook Station Shopping Center, a 138,166-square-foot, Lowes Food-anchored retail center in Summerville. The property was fully occupied at the time of sale to tenants including Lowes Food, Dollar Tree, OneMain Financial, State Farm Insurance and ATI Physical Therapy. Oakbrook Station is located at 10070 Dorchester Road, 21 miles northwest of downtown Charleston. Maggie Holmes, Joey Odom, Mike Sladich, and Mollie Alteri exclusively represented the seller, Charleston-based developer RealtyLink, in the transaction. Los Angeles-based LBX Investments acquired the …

Continue Reading
0 FacebookTwitterLinkedinEmail
Grocery-anchoredInvestment salesMissouriNewsRetailers

Mid-America, Pace Properties Negotiate $20.9 Million Sale of Shopping Center in Ballwin, Missouri

by Alex Tostado

Ballwin, Mo. — Mid-America Real Estate Corp. and Pace Properties have arranged the $20.9 million sale of Ballwin Plaza in Ballwin, about 20 miles west of St. Louis. The 204,859-square-foot shopping center is situated on Manchester Road. Schnucks Supermarket anchors the property, which is 93 percent leased. Other tenants include Hobby Lobby, Marshalls and Buffalo Wild Wings. Joe Girardi of Mid-America and Scott Seyfried of Pace Properties represented the seller, Cincinnati-based Viking Partners. Cincinnati-based Select Strategies Realty purchased the asset.

Continue Reading
0 FacebookTwitterLinkedinEmail
ArizonaInvestment salesNews

Cave Creek Capital Sells Retail Center in Peoria, Arizona for $8.8 Million

by Alex Tostado

Peoria, Ariz. — Cave Creek Capital Partners LLC has sold 9494 Northern, a 23,058-square-foot retail center in Peoria. The property was fully leased at the time of sale to tenants including NextCare, ATI Physical Therapy, Navy Federal Credit Union, FedEx Office and Sprint. The site is located at 9494 W. Northern Ave., across the street from the planned Desert Diamond Casino. Jesse Goldsmith, Steve Julius, and Chase Dorsett of CBRE in Phoenix represented the seller in the transaction. Shashikant Patel of Scottsdale, Arizona acquired the property.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesNevadaNewsRetailers

PEBB Enterprises Acquires 64,599-Square-Foot Shopping Center in Metro Las Vegas

by Alex Tostado

Henderson, Nev. — PEBB Enterprises has acquired Galleria Pavilion, a 64,599-square-foot shopping center in Henderson. The property was 37 percent leased at the time of sale to tenants including Panera Bread, Buffalo Wild Wings and Sport Clips. Galleria Pavilion is situated 11 miles southeast of downtown Las Vegas. This is PEBB’s third acquisition in the metro in the past six months. The sales price and seller were not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
CaliforniaGrocery-anchoredInvestment salesNewsRetailers

Donahue Schriber Purchases Two Bay Area Shopping Centers for Nearly $132 Million

by Alex Tostado

San Francisco And Antoich, Calif. — Donahue Schriber has acquired two grocery-anchored retail centers for a total of nearly $132 million. The acquisitions expand the company’s presence in the San Francisco Bay area. In the first deal, Donahue Schriber purchased Lakeshore Plaza in San Francisco. Located at 1549 Sloat Blvd., the 172,364-square-foot center was built in 1993 and serves the Sunset District, West Portal and Saint Francis Wood. Lucky, Ross Dress for Less, Petco and Big 5 Sporting Goods anchor the retail property. This acquisition represents the company’s second purchase …

Continue Reading
0 FacebookTwitterLinkedinEmail
GeorgiaMixed-useNewsRetailers

CBRE Global Investors Purchases Alpharetta City Center

by Alex Tostado

Alpharetta, Ga. — JLL has arranged the sale of Alpharetta City Center, a mixed-use development featuring 168 residential units, a town green and 82,700 square feet of retail and restaurant space. The District, a 41,650-square-foot collection of local boutiques and service providers, sits at street level below the apartments. The Gardens, developed by Morris & Fellows, houses 41,050 square feet of chef-driven restaurants spanning two acres of parks and green spaces across three city blocks of Main Street. The retail and restaurants were fully leased at the time of sale. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Grocery-anchoredInvestment salesNewsRetailersWest Virginia

Palomar Group Trades 135,804-Square-Foot, Kroger-Anchored Shopping Center in Oak Hill, West Virginia

by Alex Tostado

Oak Hill, W.Va. — The Palomar Group has sold Fayette Square, a 135,804-square-foot, Kroger-anchored shopping center in Oak Hill. The property was 92 percent leased at the time of sale to tenants including Kroger, Goodwill, Burger King, Big Lots, Sherwin Williams, Anytime Fitness and AutoZone. Kroger recently renewed its lease for another five-year term at the location, which is situated three miles north of downtown Oak Hill. The buyer and sales price were not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
CaliforniaInvestment salesNewsRetailers

Westside Retail Arranges $8.2 Million Sale of Freestanding Retail Building in Southern California

by Alex Tostado

Culver City, Calif. — Westside Retail has arranged the sale of a freestanding retail building, located at 4411 Sepulveda Blvd. in Culver City. Tova Capital Inc. acquired the asset from Drucker Living Trust for $8.2 million, or approximately $680 per square foot. Samy’s Camera occupies the 12,054-square-foot building. Originally built in 1989 by the owner and operator of Allied Model Trains, the building’s architecture is a replica of the historic Los Angeles Union Train Station. Mark Einbund and Marc Pollock of Westside Retail represented the seller, while Daniel Pickard of …

Continue Reading
0 FacebookTwitterLinkedinEmail
CaliforniaInvestment salesNewsRetailers

Capstone Advisors Disposes of Sabre Springs Plaza Retail Center in San Diego for $6.8 Million

by Alex Tostado

San Diego — An affiliate of Capstone Advisors has completed the sale of Sabre Springs Plaza, a retail center in San Diego’s Sabre Springs community. A Southern California-based private investor acquired the property for $6.8 million. Located at the intersection of Poway Road and Springbrook Drive, the asset features 15,038 square feet of retail space. Phil Voorhees of CBRE’s National Retail Partners – West represented the seller, while Gary Stache of CBRE represented the buyer in the deal. Capstone Advisors has owned and operated the retail center since it acquired …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts