Philadelphia — PMC Property Group, a Philadelphia-based developer, has broken ground on a 65,000-square-foot flagship store for GIANT Food Stores in Philadelphia. Located within the Gensler-designed Riverwalk mixed-use project, the store will offer more than 600 varieties of fresh and
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Chandler, Ariz. — Cushman & Wakefield has arranged the $16.9 million sale of Santan Gateway North, a 123,236-square-foot retail center shadow-anchored by Walmart. The property was 77 percent leased at the time of sale to tenants including Goodwill, Dollar Tree
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Cerritos, Calif. — SRS Real Estate Partners has arranged the sale of South Street Shops, a value-add retail property located at 10745 South St. in Cerritos. A Los Angeles-based private investor sold the two-tenant asset to a Southern California-based private
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East Rutherford, N.J. — Korean fashion retailer ALAND has signed a 10,000-square-foot lease at American Dream, an upcoming mixed-use development in East Rutherford, a western suburb of New York City. The store will be ALAND’s second location in the United States
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Fultondale, Ala. — LBX Investments has acquired Promenade Fultondale, a 208,568-square-foot retail center in Fultondale. The sales price was not disclosed. The property was completed in 2008 and is located five miles north of downtown Birmingham. The center was 96
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Denver — JLL has secured $20 million in refinancing for Central Park Retail, a multi-tenant retail center located at 1400 Plaza Drive in the Denver-area community of Highlands Ranch. The borrower is Shea Properties. Completed in 2018, the 61,443-square-foot property
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Pace, Fla. — Blackwater Resources has sold Pace Crossroads, a 75,904-square-foot shopping center in Pace. The property was fully leased at the time of sale to Dick’s Sporting Goods, Michael’s and Ulta Beauty. Pace Crossroads was built in 2018 and
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Coconut Creek, Fla. — Hill Partners Inc. has signed Naked Taco, Xfinity interactive retail store, Coconut Vibe and Zervos Group to leases totaling more than 9,000 square feet within Promenade at Coconut Creek. Naked Taco will occupy 5,796 square feet
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Gainesville, Fla. — TSCG has brokered the sale of Gainesville Plaza, a 162,000-square-foot retail center situated along NW 13th Street in Gainesville. The center was 92.4 percent leased at the time of sale to tenants including Burlington, Ross Dress for
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Washington, D.C. — The U.S. Census Bureau reports that retail sales in July were up 0.9 percent from June and 5.6 percent year-over-year. The numbers exclude restaurants, gas stations and automobile sales but include e-commerce sales. July’s results build on
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Clifton, N.J. — Filipino grocer FilStop will open a 16,000-square-foot flagship store in Clifton, a western suburb of New York City. The specialized grocery store will also maintain its original 4,000-square-foot location in Jersey City. The store will be located
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Long Island, N.Y. — JLL has brokered the $17 million sale of Hubbard’s Commons, a 65,970-square-foot, grocery-anchored retail center on Long Island. At the time of sale, the property was 98 percent leased to tenants such as Best Market, Rite
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