Conyers, Ga. — Highline Real Estate Capital has acquired Salem Gate Market, a 177,527-square-foot shopping center located in Conyers, a southeast suburb of Atlanta in Rockdale County, for $25.4 million. The center’s tenant lineup includes anchors Academy Sports + Outdoors and Floor & Décor. The Miami-based investor purchased Salem Gate Market from the undisclosed seller via its Highline Real Estate Fund 1, which launched in 2023 and has completed more than $350 million in acquisitions. Brad Buchanan and Jim Hamilton of JLL’s Atlanta office represented the seller in the transaction. …
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Intercontinental Real Estate, ScanlanKemperBard Acquire 86,636-Square-Foot Retail Center in Metro Portland for $25 Million
Tigard, Ore. — A partnership between Intercontinental Real Estate and ScanlanKemperBard Cos. (SKB) has acquired Washington Square II, an 86,636-square-foot retail center located in Tigard, roughly 10 miles southwest of Portland. The purchase price was $25 million. Situated adjacent to Washington Square Mall, Washington Square II consists of three single-story retail buildings constructed in 1984. Tenants at the property, which was 79 percent leased at the time of sale, include World Market, Red Robin, Visionworks, DXL Big + Tall and Panera Bread. Intercontinental and SKB plans to renovate the property with …
Corpus Christi, Texas — Dallas-based brokerage firm Disney Investment Group (DIG) has negotiated the sale of Huntington Square, a 90,768-square-foot shopping center in Corpus Christi. The center was 96 percent leased at the time of sale to tenants such as Dollar Tree, Ferguson Home, Freedom Fitness and Physicians Premier ER. David Disney and Adam Crockett of DIG represented the seller, LRIC Properties, in the deal and procured the buyer, Harkinson Investment Corp. The sale included 4.7 acres of undeveloped land adjacent to the center.
Toledo, Ohio — Cooper Commercial Investment Group has negotiated the $3.1 million sale of Jesse James Plaza, a 35,800-square-foot multi-tenant retail center located in Toledo. International pawn store operator FirstCash and Safelite anchor the property. Jesse James Plaza was built in 1984 and renovated in 2016, according to Loop Net. Dan Cooper of Cooper Commercial represented the seller, a Midwest investment group, in the transaction.
Venice and Naples, Fla. — Benderson Development will open two new Publix Super Markets in Florida. The stores will debut at North River Marketplace in Venice and Gateway Shoppes in Naples, both of which are owned by Benderson. The first property, North River Marketplace, is a new 51-acre ground-up development along the North River Road corridor, which will feature a mix of retail, restaurants and specialty services upon completion of the project. The second property, Gateway Shoppes, was originally built in 2008 and is currently under redevelopment, which includes the …
Continental Realty Corp. Acquires Thornton Town Center in Metro Denver for $25.5 Million
Thornton, Colo. — Continental Realty Corp. (CRC) has acquired Thornton Town Center, a 266,008-square-foot neighborhood shopping center located in Thornton, approximately 11 miles north of Denver. Delivered in 1990 and renovated in 2025, the property was 73 percent leased at the time of sale. Malibu Jack’s, The Picklr and Sky Zone Trampoline Park anchor the center, which features a mix of additional tenants such as GNC, Jersey Mike’s Subs, Renegade Burrito, Sally Beauty and Starbucks Coffee. Additionally, CRC plans to pursue a property improvement strategy to enhance long-term value of the …
Pittsburgh — CBRE has arranged the sale of McKnight Siebert Shopping Center, a 52,750-square-foot neighborhood center located in Pittsburgh. Shannon Waltchack purchased the property from First Washington Realty. Chris Munley, Colin Behr, Ryan Sciullo, Casey Benson Smith, RJ Mirabile and Michael Pascavis of CBRE represented the seller in the transaction. Tenants at the McKnight Siebert Shopping Center include Walgreens, Starbucks Coffee, The UPS Store, Bruegger’s Bagels, Sports Clips and T-Mobile. The property was built in 1957 on 5 acres, according to Loop Net.
SRS Real Estate Negotiates $5.7 Million Sale of Singe-Tenant Retail Property in Braselton, Georgia
Braselton, Ga. — SRS Real Estate Partners has negotiated the $5.7 million sale of a single-tenant retail property located in Braselton. Kiddie Academy, a national franchise company that provides educational child care for infants, toddlers and school-aged children, occupies the 10,000-square-foot space on a 20-year absolute triple-net lease. Britt Raymond, Kyle Fant and Sabrina Sapienza of SRS Capital Markets represented the seller, a Southeast-based developer, as well as the buyer, a Northeast-based private investor, in the transaction.
Marcus & Millichap Brokers $2.1 Million Sale of 15,886-Square-Foot Retail Strip Center in Metro Chicago
Orland Park, Ill. — Marcus & Millichap has brokered the $2.1 million sale of the Shops at Orland, a 15,886-square-foot retail strip center located at 11229 W. 143rd St. in the southern Chicago suburb of Orland Park. Built in 2003, the six-suite retail property is currently 48 percent vacant. RoccoVino’s Italian Restaurant anchors the property. Austin Weisenbeck and Sean Sharko of Marcus & Millichap marketed the property on behalf of the seller, a private investor group, and procured the buyer, a private, out-of-state 1031 buyer, in the transaction.
Progressive Real Estate Signs 21,500-Square-Foot Anchor Lease in Rancho Cucamonga, California
Rancho Cucamonga, Calif. — Progressive Real Estate Partners has signed a new anchor lease at an 80,000-square-foot neighborhood center located at the intersection of Baseline Road and Archibald Avenue in Rancho Cucamonga. Grocery Outlet will occupy 21,500 square feet on a 10-year lease, bringing the retail center to full occupancy. The Grocery Outlet store is scheduled to open in the fall of 2026. Additional tenants at the center include US Bank, Dairy Queen and Savers Value Village. Paul Su of Progressive marketed the property and represented the landlord in the …