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Investment salesNewsSouth Carolina

IPA Brokers $18.8 Million Sale of Shopping Center Near Hilton Head Island in South Carolina

by Hayden Spiess

Bluffton, S.C. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the $18.8 million sale of Bluffton Target Center, a shopping center located in Bluffton, approximately seven miles west of Hilton Head Island. Built in 2001, the property totals 100,314 square feet. Tenants at the center, which was fully leased at the time of sale, include Dick’s Sporting Goods, Staples and Starbucks Coffee. Zach Taylor of IPA represented the seller, Stafford Bluffton LLC, in the transaction and procured the buyer, Tarantino Properties Inc. 

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Mason-Village_Houston
Grocery-anchoredInvestment salesNewsTexas

DNA Partners Sells 96,486-Square-Foot Retail Center in Houston

by Hayden Spiess

Houston — DNA Partners has sold Mason Village Shopping Center, a 96,486-square-foot retail center located in Houston. Grocer La Michoacana anchors the center, and other tenants at the property include Harbor Freight, Freebirds, Jiffy Lube and Jason’s Deli. Ryan West, John Indelli and Clay Anderson of JLL Capital Markets represented the seller in the transaction. Longpoint Realty Partners acquired the property for an undisclosed price. 

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Regency-Crossings_Port-Richey-Fla
FloridaGrocery-anchoredInvestment salesNews

Cushman & Wakefield Brokers Sale of 85,865-Square-Foot Retail Center in Metro Tampa

by Hayden Spiess

Port Richey, Fla. — Cushman & Wakefield has brokered the sale of Regency Crossings, an 85,865-square-foot retail center located in Port Richey, roughly 40 miles northwest of Tampa. Publix anchors the property, which was 90 percent leased at the time of sale. The center was originally built in 1985 and renovated in 2021. PMAT Cos. sold the property to Essential Growth Properties for an undisclosed price. Mark Gilbert, Adam Feinstein and Mitchell Halpern of Cushman & Wakefield represented the seller in the transaction. 

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Tractor-Supply-Co-Ceres-CA
CaliforniaFinanceNews

PSRS Secures $4 Million Refinancing for Retail Property in Ceres, California

by Hayden Spiess

Ceres, Calif. — PSRS has secured a $4 million loan for the refinancing of a retail property situated within Ceres Gateway Center in Ceres. Tractor Supply Co. occupies the 21,702-square-foot building, which was developed on a built-to-suit basis in 2023. Kostas Kavayiotidis and Matthew Farzinpour of PSRS arranged the non-recourse loan, which features a five-year term, on behalf of the undisclosed borrower. A correspondent life insurance company provided the loan.

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Katz's-Deli
DevelopmentLeasingNewsRestaurantsTexas

Katz’s Deli Signs 6,300-Square-Foot Lease in Houston

by Hayden Spiess

Houston — Katz’s Deli, a 24-hour restaurant concept, has signed a 6,300-square-foot lease in Houston. Construction on the new restaurant, which will be situated within the Memorial City mixed-use development, is scheduled to begin in early 2025. Delivery of the development is expected by early 2026. MetroNational owns and manages Memorial City. Larry Plotsky of the Plotsky Group and Meredith Cullen of Cushman & Wakefield represented the tenant in the lease negotiations, and Danna Diamond represented MetroNational on an internal basis. This marks the fifth location in the Houston market for …

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Starbucks Las Vegas
Investment salesNevadaNews

Hanley Arranges Sale of New 2,365-Square-Foot Single-Tenant Property in Las Vegas

by Hayden Spiess

Las Vegas — Hanley Investment Group Real Estate Advisors has arranged the sale of a newly constructed single-tenant retail property located in Las Vegas. Starbucks Coffee occupies the building, which totals 2,365 square feet and features a drive-thru, on a 10-year lease. Bill Asher and Jeff Lefko, in association with ParaSell Inc., represented the developer and seller in the transaction. Jason Otter of Logic Commercial Real Estate represented the buyer, a local private investor. 

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Company newsNewsRestaurantsTexas

Cousins Maine Lobster Signs New Franchise Agreement in Texas

by Hayden Spiess

Lubbock, Texas — Cousins Maine Lobster (CML) has signed a new, multi-unit deal with franchisees Chris Wilson and Gary Andrews of Lubbock. Wilson and Andrews currently own and operate six Slim Chickens restaurants throughout metro Lubbock and have launched their first CML food truck in the area, serving the markets of Amarillo, Midland, Odessa, Wichita and San Angelo. The grand opening was Oct. 26, at West End Shopping Center in Lubbock. “After six years of operating in Teas, we are thrilled to announce our expansion into West Texas,” says Angela Coppler, …

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Mixed-Use-Project_Dallas
DevelopmentMixed-useNewsTexas

Balfour Beatty Breaks Ground on $95 Million Mixed-Use Project in Dallas

by Hayden Spiess

Dallas — Balfour Beatty has broken ground on a $95 million mixed-use project in Dallas. Balfour Beatty is constructing the project on behalf of the owners and developers, Acadia Realty Trust and Ignite-Rebees. Upon completion, which is scheduled for fall 2026, the development will total 161,00 square feet. Architecture firm GFF designed the property, which will feature 12,000 square feet of restaurant space and 75,000 square feet of retail space, as well as 74,000 square feet of office space and 500 parking spaces. 

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Bosque-River-Centre_Stephenville-Texas
Investment salesNewsTexas

Disney Investment Group Arranges Sale of 221,294-Square-Foot Retail Center in Stephenville, Texas

by Hayden Spiess

Stephenville, Texas — Disney Investment Group (DIG) has arranged the sale of Bosque River Centre, a 221,294-square-foot retail center located in Stephenville. The center was 97 percent leased at the time of sale.  Tenants at the property, which was built in 1984, include Boot Barn, SPEC’s, Tractor Supply Co., Ollie’s, Planet Fitness, Cinemark and Dollar Tree. David Disney and Adam Crockett of DIG represented the seller and procured the buyer in the transaction. 

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Village-at-Weatherford_Weatherford-Texas
Investment salesNewsTexas

Woodmont Co. Negotiates Sale of 44,000-Square-Foot Shopping Center in Metro Fort Worth, Texas

by Hayden Spiess

Weatherford, Texas — The Woodmont Co. has negotiated the sale of The Village at Weatherford, a shopping center located in Weatherford, roughly 30 miles west of Fort Worth. The property totals 44,000 square feet. Russel Wehsener of The Woodmont Co. represented the seller, Sinclair Investments, in the transaction. Gibson Duwe and Kyle Poulson of Transwestern represented the undisclosed buyer. 

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