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The Shops at Atlas Park
Investment salesNew YorkNews

Ashkenazy Acquisition Corp. Acquires The Shops at Atlas Park in Queens

by Abby Cox

New York City — Locally based Ashkenazy Acquisition Corp. has acquired The Shops at Atlas Park, a 374,000-square-foot mixed-use lifestyle center located in the Glendale neighborhood of Queens. Regal Cinemas, T.J. Maxx, HomeGoods, Ulta Beauty and NY Sports Club anchor the center, which opened in 2006. Additional tenants include California Pizza Kitchen, Foot Locker, T-Mobile, The UPS Store, Five Below, Starbucks Coffee and Cold Stone Creamery. Along with retail, dining and entertainment offerings, The Shops at Atlas Park also includes a 10,000-square-foot green space for community events and 52,000 square …

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Wayfair's Denver store
ColoradoCompany newsDevelopmentNews

Wayfair to Open 140,000-Square-Foot Store in Denver 

by Abby Cox

Denver — Online retailer Wayfair will open a 140,000-square-foot store in Denver. Situated within The Shops at Northfield, this will mark Wayfair’s third store announcement this year, and its fourth large-format location overall. The store is scheduled to open in late 2026. The Denver location will span two floors and feature 19 departments. Erik Christopher, Tami Lord and Tony Pierangeli of SRS Real Estate Partners, as well as Matt Curtin of Newmark, led lease negotiations in the transaction. Wayfair’s first physical retail store opened in May 2024 in Wilmette, Illinois, while its second location in Atlanta …

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Sandy Plains Village
GeorgiaInvestment salesNews

Matthews Real Estate Facilitates $25 Million Sale of 174,175-Square-Foot Retail Center in Metro Atlanta

by Abby Cox

Roswell, Ga. — Matthews Real Estate Investment Services has facilitated the $25 million sale of Sandy Plains Village, a 174,175-square-foot community retail center located in the Atlanta suburb of Roswell. Positioned along the Ga. Highway 92 corridor, Sandy Plains Village comprises two single-story, multi-tenant retail buildings, as well as three single-tenant outparcels that house Lucia’s Italian, Dunkin’ and The Flippin’ Chicken. The property also features an 18,625-square-foot mixed-use strip complex named Sandy Plains Village II. Painted Tree Boutiques, Movie Tavern and Dollar Tree anchor the property. Approximately 15,000 square feet …

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Investment salesNewsTexas

Headwall Investments Sells 18,000-Square-Foot Retail Center in Metro San Antonio 

by Abby Cox

Pleasanton, Texas — Headwall Investments has sold Gorman Plaza, an 18,000-square-foot retail center in Pleasanton, roughly 36 miles south of San Antonio. Situated along Texas State Highway, the center was 89 percent leased to a mix of tenants including Hibbett Sports, Wingstop, James Avery, Papa Johns Pizza and AT&T at the time of sale. Originally built in 2015, the property sits on 3 acres, according to LoopNet Inc. The buyer and sales price were not released. Since acquiring Gorman Plaza in 2020, Headwall’s portfolio has grown to span the four major metros …

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Poplar Plaza
DevelopmentFinanceGrocery-anchoredNewsTennessee

JLL Secures $25.1 Million in Refinancing for 350,000-Square-Foot Power Center in Memphis

by Abby Cox

Memphis, Tenn. — JLL Capital Markets has secured $25.1 million in refinancing for Poplar Plaza, a 350,000-square-foot regional power center located near the University of Memphis. Brett Paulsrud, Gregg Shapiro, Amy Lousararian and Michael Schwarze of JLL’s Debt Advisory team arranged the seven-year, fixed-rate loan through Renasant Bank on behalf of the borrower, Finard Properties. The financing will support the interior and exterior renovation of The Angle, a 14,015-square-foot, multi-bay building on the corner of Poplar Avenue and South Highland Street. Kroger, which has operated at Poplar Plaza for more …

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Erie Highlands
ColoradoCompany newsDevelopmentLeasingNews

Evergreen Devco Breaks Ground on Retail Development in Metro Denver

by Abby Cox

Erie, Colo. — Evergreen Devco Inc. has broken ground on Erie Highlands, a 12.7-acre neighborhood retail development located in Erie, approximately 27 miles north of Denver. Situated at the southwest corner of Country Road 5 and Erie Parkway, the development will provide dining options and retail services to serve the Town of Erie’s expanding residential base and the adjacent Erie High School community. Evergreen Devco originally acquired the site in January 2025. Golden Triangle Construction will execute the onsite and offsite horizontal infrastructure development, while Legend Partners will handle leasing …

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FinanceInvestment salesNew YorkNews

Blue Owl Capital Provides $41.3 Million in Financing for The Shops at Front & York in Brooklyn

by Abby Cox

Brooklyn, N.Y. — Blue Owl Capital has provided $41.3 million in financing for the acquisition of The Shops at Front & York, the 150,000-square-foot retail component of the larger Front & York mixed-use development. Situated in Brooklyn’s DUMBO neighborhood and built in 2021, The Shops at Front & York is anchored by LifeTime Fitness and spans an entire city block. Max Ralby and Jordan Roeschlaub of Newmark secured the single-source, fixed-rate financing on behalf of the borrowers, Namdar Realty Group and Klosed Properties.

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Paddock Mall_Sears
ColoradoCompany newsFloridaInvestment salesKentuckyMallsMontanaNews

CBL Properties Acquires Four Enclosed Malls from Washington Prime Group for $178.9 Million

by Abby Cox

Chattanooga, Tenn. — Chattanooga-based CBL Properties has acquired four enclosed regional malls from Washington Prime Group for $178.9 million. The properties include Ashland Town Center in Ashland, Kentucky; Mesa Mall in Grand Junction, Colorado; Paddock Mall in Ocala, Florida; and Southgate Mall in Missoula, Montana. CBL says it is focused on owning and managing successful enclosed malls in dynamic and growing middle markets. The deal suggests mall recovery extends beyond luxury properties, driven by limited retail construction since 2008, according to The Wall Street Journal. Ashland Town Center is a single-level …

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Lynnhaven Square
Investment salesNewsVirginia

National Asset Services, Colliers Negotiate $8.6M Sale of Lynnhaven Square in Virginia Beach

by Abby Cox

Virginia Beach, Va. — National Asset Services (NAS) and Colliers have negotiated the $8.6 million sale of the 22,933-square-foot Lynnhaven Square in Virginia Beach on behalf of the shopping center’s ownership group. The center was last acquired in 2005 by a group of eight tenant-in-common (TIC) investors. NAS has served as the asset management company for the group since 2008. Shirlee Kingsley of NAS secured a refinancing solution in 2015 that preserved the original TIC ownership structure and its tax advantages. Lynnhaven Square has maintained full occupancy both during the 2015 …

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Merchants Plaza
FloridaInvestment salesNews

CrownPoint Partners Arranges $4.5 Million Sale of Multi-Tenant Retail Center in Cape Coral, Florida

by Abby Cox

Cape Coral, Fla. — CrownPoint Partners has arranged the $4.5 million sale of Merchants Plaza, a 15,000-square-foot, multi-tenant neighborhood retail center in Cape Coral. Located at 155-159 Hancock Bridge Parkway, the center sits on 1.2 acres and was fully leased to seven tenants including Tires Plus, PI Pizza, Hancock Smoke Shop, Lee Nails, Floral Designs, Palm Tree Massage Spa and Cape Palace Arcade at the time of sale. According to CrownPoint Partners, the center was refurbished in 2023 with a new roof, upgraded HVAC systems, LED lighting, a new pylon …

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