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Chatham Plaza
IllinoisInvestment salesNews

Pegasus Arranges $3.2 Million Sale of Chatham Plaza Retail Property in Chicago

by Abby Cox

Chicago — Pegasus, in cooperation with ParaSell Inc., has arranged the $3.2 million sale of Chatham Plaza, a fully occupied, four-tenant retail strip center positioned within Chatham Market in Chicago. Tenants include Athletico, H&R Block and The UPS Store. The property totals 9,610 square feet, and the weighted average lease term is six years. Katherine Weaver of Pegasus represented the seller, a private fund based in Chicago. The buyer was a Texas-based private fund. The sales price represented a cap rate of 8.5 percent.

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Dick's House of Sport
DevelopmentMixed-useNewsTexas

Dick’s House of Sport Opens 100,000-Square-Foot Store to Anchor Live Oak Town Center in Texas

by Abby Cox

Live Oak, Texas — Dick’s House of Sport has opened a new 100,000-square-foot store at Live Oak Town Center, a mixed-use center under development in Live Oak, roughly 15 miles northeast of San Antonio. Dick’s House of Sport will anchor the property, along with a 300,000-square-foot IKEA and a 79,681-square-foot Floor & Décor store. David Nicolson and Michael Schoenbrun of Dallas-based Weitzman — the developer of Live Oak Town Center — handled lease negotiations. Upon completion of the development, Live Oak Town Center will total more than 800,000 square feet …

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Shops at Madison Place
CaliforniaInvestment salesNews

CEG Capital Partners Buys Shops at Madison Place in San Diego for $23 Million

by Abby Cox

San Diego — CEG Capital Partners has acquired Shops at Madison Place, a 53,294-square-foot retail property located in San Diego, for $23 million. The property was 93 percent leased to a variety of long-standing tenants at the time of sale including Golf Bar, Victory MMA & Fitness, STP Bar and Grill and CosmoProf. Michael Peterson, Reg Kobzi and Rachel Parsons of CBRE represented the seller, an entity doing business as The Shops at Madison Place LLC, in the deal.

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Tops Friendly Markets
Investment salesNew YorkNews

Cleeman Realty Group Arranges Sale of 55,000-Square-Foot Single-Tenant Retail Property Near Buffalo

by Abby Cox

Lockport, N.Y. — Cleeman Realty Group has arranged the sale of a net-leased, single-tenant retail property located in Lockport, approximately 22 miles north of Buffalo. Tops Friendly Markets occupies the 55,000-square-foot building, which is situated on 5.6 acres. Michael Cleeman and Sam Seelenfreund of Cleeman Realty Group represented both the buyer and seller in the transaction.

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Echo Park Village
CaliforniaInvestment salesNews

IPA Brokers Sale of 21,876-Square-Foot Echo Park Village in Los Angeles

by Abby Cox

Los Angeles — Institutional Property Advisors (IPA) has brokered the sale of Echo Park Village, a 21,876-square-foot retail center located in the Los Angeles neighborhood of Echo Park. The buyer is Optimus Properties LLC. Built in 1921 and renovated in 2019, tenants at the property include Gra Pizzeria, Clark Street Bread, One Down Dog yoga studio, Butchr Bar, The Strength Shoppe, Henrietta and A Good Used Book. Echo Park Village was 78 percent leased at the time of sale. IPA represented the seller.

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Westcliff Shopping Center
DevelopmentGrocery-anchoredNewsTexas

Partners Capital Completes Restoration of Westcliff Shopping Center in Fort Worth, Texas

by Abby Cox

Fort Worth, Texas — Partners Capital, the investment platform of Partners Real Estate, has completed the renovation of Westcliff Shopping Center, a 134,750-square-foot grocery-anchored, neighborhood shopping center located near Texas Christian University (TCU) in Fort Worth. The revitalization of the center’s 22,000-square-foot façade included modern updates, while also restoring its original character to honor North Texas’ architectural style. Partners Capital originally acquired Westcliff Shopping Center in late 2023 as the first property in its Opportunity Fund V. The renovation began in December 2024, which featured the preservation, cleaning and refinishing of …

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the-collection-at-forsyth
GeorgiaLeasingNews

JLL Signs Four New Tenants to Join The Collection at Forsyth

by Abby Cox

Cumming, Ga. — JLL has signed four new tenants to join The Collection at Forsyth, a 565,000-square-foot open-air mixed-use lifestyle center located in Cumming. Build-A-Bear Workshop is already open at the property, while Rocket Fizz Soda Pop & Candy Shop are set to open by Halloween. Pickleball membership club The Picklr is scheduled to open in November. Meanwhile, children’s interactive play concept Giggle Town recently signed a 7,118-square-foot lease to open its own space at the center. Existing tenant Dermani Medspa has relocated to a larger 3,142-square-foot space at the center …

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White Oaks Plaza
IllinoisInvestment salesNews

Cushman & Wakefield Brokers Sale of 320,933-Square-Foot Shopping Center in Springfield, Illinois

by Abby Cox

Springfield, Ill. — Cushman & Wakefield has brokered the sale of White Oaks Plaza, a 320,933-square-foot regional shopping center located in Springfield. The sales price was not disclosed, but Cushman & Wakefield states that the transaction represents one of the largest open-air shopping center deals in the region’s history. The property is home to more than 50 retailers and is anchored by Kohl’s, as well as T.J. Maxx, HomeGoods and Sierra. Additional tenants include Harvest Market, Chili’s Grill & Bar, Olive Garden, Petco and a freestanding Skechers outlet. The center is …

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North Port Village
FloridaInvestment salesNews

Marcus & Millichap Arranges $10.8 Million Sale of North Port Village Retail Center in Florida

by Abby Cox

North Port, Fla. — Marcus & Millichap has arranged the $10.8 million sale of North Port Village, a 66,083-square-foot neighborhood retail center located in North Port. Planet Fitness anchors the property, which was fully leased at the time of sale. Additional tenants include Humana, NAPA Auto Parts and Do The Beach adventure park. North Port Village was originally built in 1989 on nearly 11 acres. Clayton Brown, Luke Holsinger and Ruthanne Loar of Marcus & Millichap’s Seattle office procured the buyer, a Seattle-based private investor. Drew Kristol and Kirk Olson, …

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Aiea Shopping Center
HawaiiLeasingNews

JLL Signs Leases with Six New Tenants at Aiea Shopping Center in Hawaii

by Abby Cox

Aiea, Hawaii — JLL has signed leases with six new tenants at Aiea Shopping Center, a three-story, 104,500-square-foot neighborhood center in Aiea, roughly eight miles northwest of downtown Honolulu. C&S Bodywork MedSpa opened an 890-square-foot location in September, while retail concept Go Go Mix opened a 570-square-foot venue this month. Totoya will open its restaurant in the first quarter of 2026 and Waxing the City will follow with its store opening in summer 2026. Pho 97 One is scheduled to open its new location in winter 2026. Additionally, Machete’s Mean Sandwiches …

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