East Rutherford, N.J. — Candy and sweets retailer IT’SUGAR will open a 22,000-square-foot store at American Dream, a newly opened entertainment and retail destination in East Rutherford, a western suburb of New York City. The official opening is set for
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Ashland, Va. — Rochester, New York-based Wegmans Food Markets Inc. will invest $175 million to establish a new regional distribution operation in Hanover County, 13 miles northeast of Richmond. Located along Sliding Hill and Ashcake roads in Ashland, the new campus
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Pekin, Ill. — Mattress Liquidators has relocated to a former Bergner’s department store at East Court Village in Pekin within central Illinois. The mattress store, previously located at 3518 Court St. within the shopping center, has moved to the former
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Lawrenceville, Ga. — CW Capital has sold Village Shoppes of Sugarloaf, a 149,805-square-foot retail center in Lawrenceville. Publix anchors the property, which is located at 3330-3410 Sugarloaf Parkway, 30 miles northeast of downtown Atlanta. Village Shoppes was 63 percent leased
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Belton, Mo. — Quantum Real Estate Advisors Inc. has brokered the $5.4 million sale of a 55,000-square-foot property occupied by Hobby Lobby in Belton, about 20 miles south of Kansas City. The single-tenant building is located at 520 E. Markey
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Miami — UrbanX Group has inked new lease agreements with fast casual restaurant Chick-fil-A and clothing retailer Old Navy to occupy a total of 19,000 square feet along the Miami River. The tenants will join River Landing Shops & Residences,
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New Holstein, Wis. — The Boulder Group has arranged the $2.3 million sale of a single-tenant property net leased to grocer Piggly Wiggly in New Holstein, about 40 miles south of Green Bay. The 29,651-square-foot building is located at 2243
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Philadelphia — Anchor Shops, a retail store and distribution network for digital brands breaking into brick-and-mortar, will open a store at Fashion District Philadelphia and a distribution center at Moorestown Mall in the second quarter of 2020. Both properties are
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Irvine, Calif. and Salt Lake City — Faris Lee Investments and MTN Retail Advisors, a grocer-specialized data collection and analytics provider, have entered into a partnership to combine Faris Lee’s retail, real estate, finance and investment advisory services with MTN’s
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Jacksonville, Fla. — Consolidated-Tomoka Land Co. has acquired Strand, a 212,000-square-foot retail center in Jacksonville, for $62.7 million in a 1031 tax exchange. Strand was 95 percent leased at the time of sale to 20 tenants, including four anchors, Hobby
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Maryland and Virginia — United Natural Foods Inc. (UNFI) will sell 13 of its 43 Shoppers Food & Pharmacy locations in a continued effort to reduce its retail footprint. The company will sell the stores to three grocery operators, which
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Woodstock, Ga. — CBL Properties has sold a 15 percent interest in The Outlet Shoppes at Atlanta in Woodstock for $20.8 million to its joint venture partner, Horizon Group Properties. Both companies now own a 50 percent stake in the
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