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Shops-at-Highland-Walk-Highlands-Ranch
ColoradoGrocery-anchoredInvestment salesNews

Shea Properties Completes $37.1 Million Sale of Shops at Highland Walk Near Denver

by Abby Cox

Highlands Ranch, Colo. — Shea Properties has completed the $37.1 million sale of the Shops at Highland Walk, a 94,795-square-foot retail center in Highlands Ranch, located 13 miles south of Denver. Regency Centers acquired the property. Located at 4000 Red Cedar Drive, Shops at Highland Walk consists of two multi-tenant inline buildings flanking grocery anchor tenant King Soopers and four additional outparcel buildings on the perimeter. At the time of sale, the property was 98 percent leased to 17 tenants. Jon Hendrickson and Aaron Johnson of Cushman & Wakefield represented the …

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foothill-village
DevelopmentGrocery-anchoredNewsUtah

Asana Partners Invests $25 Million for Redevelopment of Foothill Village in Salt Lake City

by Abby Cox

Salt Lake City — Asana Partners has invested $25 million to redevelop Foothill Village, a 260,000-square-foot center located in the East Bench neighborhood of Salt Lake City. The grocery-anchored center — which is anchored by Dan’s Fresh Market — features a new central plaza, open-air breezeways, six new tenants and two levels of retail shops. New tenants that will be joining the property later this year will include Magnolia Bakery (1,500 square feet), Zao Asian Café and MD Hyperbaric. JD Flannel Donuts, Mo’ Bettahs and [solidcore] have already opened at the center. …

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CaliforniaInvestment salesNews

Marcus & Millichap Brokers $7.3 Million Sale of Retail Building in San Diego County

by Abby Cox

Escondido, Calif. — Marcus & Millichap has brokered the $7.3 million sale of a retail building located at 1580 W. Valley Parkway in Escondido. Dollar Tree and Big Blue Swim School fully occupy the 20,085-square-foot property on triple-net leases with rental increases during the initial lease terms and option periods. Alvin Mansour of Marcus & Millichap represented the undisclosed seller and procured the buyer in the deal. Chad O’Connor of Marcus & Millichap Capital Corp. arranged $4.7 million in acquisition financing for the undisclosed buyer.

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culto-futbol-lincoln-road
FloridaLeasingNews

Seven New Tenants Sign Leases on Lincoln Road in Miami Beach

by Abby Cox

Miami Beach, Fla. — Seven new tenants have signed leases along Lincoln Road, a mixed-use, open-air district in Miami Beach. Waxxed Sports Cards (1,450 square feet) and Lucky Box Vending Machine will open in June, while City Food Hall, an 18,000-square-foot culinary destination, along with Negroni Caffe and Sushi Bar (2,613 square feet) will open this summer. Biobliss (2,500 square feet) will debut in July, while Steve Madden will launch this fall/winter. In addition, Cajun Boil (4,565 square feet), Uniqlo (14,284 square feet) and All’Antico Vinaio (1,793 square feet) will open …

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Pizza-Hut
Investment salesKentuckyNewsRestaurants

Yum Brands Agrees to Sell Pizza Hut in Two Separate Transactions Totaling $2.7 Billion

by Abby Cox

Louisville, Ky. — Yum! Brands Inc., the Louisville-based operator of the Pizza Hut, Taco Bell and KFC franchises, has entered into an agreement to sell the Pizza Hut chain across two separate transactions with a combined value of $2.7 billion. LongRange Capital, a private equity firm based in Stamford, Conn., has agreed to purchase Pizza Hut outside of mainland China for approximately $1.5 billion. The company is financing its acquisition using funds from UBS Investment Bank. Yum China Holdings Inc., which is based in Shanghai and was spun off from …

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Heritage-Station
FloridaInvestment salesNews

SRS Real Estate Arranges $10.9 Million Sale of Heritage Station in Southwest Florida

by Abby Cox

Bradenton, Fla. — SRS Real Estate Partners has arranged the $10.9 million sale of Heritage Station, a 13,538-square-foot retail center located in Bradenton. Spanning nearly 3 acres across two buildings, the newly constructed property was fully leased at the time of sale to tenants including Aspen Dental, Chipotle Mexican Grill, Five Guys, Einstein Bros. Bagels and America’s Best Contacts & Eyeglasses. Heritage Station sits adjacent to Marketplace at Heritage Harbour, a 500,000-square-foot shopping center. William Wamble and Patrick Nutt of SRS represented the seller and developer of the property, a joint …

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Cedar-Springs
Investment salesMichiganNews

Marcus & Millichap Brokers Sale of 15,879-Square-Foot Retail Strip Center in Metro Grand Rapids, Michigan

by Abby Cox

Cedar Springs, Mich. — Marcus & Millichap has brokered the sale of Cedar Springs Retail Center, a 15,879-square-foot retail strip center located in Cedar Springs, approximately 20 miles north of downtown Grand Rapids. Darin Gross, Ashish Vakhariya and Seth Haron of Marcus & Millichap marketed the property on behalf of the seller, a private group based in West Michigan. Built in 2004, Cedar Springs Retail Center features a mix of restaurant and service-oriented tenants including Subway, Little Caesars Pizza and Great Clips.

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The-Shops-Of-Dunwoody
GeorgiaLeasingNews

JLL Signs Four New Leases at The Shops of Dunwoody in Metro Atlanta

by Abby Cox

Dunwoody, Ga. — JLL has signed leases with four new tenants at The Shops at Dunwoody, a 95,287-square-foot retail center located in Dunwoody, a suburb of Atlanta. Totaling 8,600 square feet, the new tenants include Beyond Juicery + Eatery, JETSET Pilates, Tenkku Sushi and SWEAT440. All tenants are expected to open throughout the summer and fall of 2026. Additional deals are currently under negotiation and are expected to be announced later this summer.  Charlotte-based Asana Partners acquired the shopping center in March 2025 for $27.5 million and has since refreshed the …

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PJs-Coffee-non-trad
DevelopmentKentuckyNewsRestaurants

PJ’s Coffee Signs Seven-Unit C-Store Agreement in Kentucky

by Abby Cox

Lexington, Ky. — PJ’s Coffee of New Orleans has signed a seven-unit license agreement with Steve Estepp, founder of Estepp Energy and Coffee Dudes LLC, to expand the New Orleans coffee brand throughout convenience stores in Central Kentucky. The company operates more than 13 convenience stores across Kentucky and is expanding its portfolio with complementary brands including Freddy’s Frozen Custard & Steakburgers, Little Caesars and now PJ’s Coffee. Alongside the company’s operating partner, Brendon Farrar, the group plans to introduce PJ’s Coffee to its stores through a combination of full cafés …

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Seguin-Exchange
DevelopmentMixed-useNewsTexas

NewQuest Begins Work on 544-Acre Mixed-Use Development Near San Antonio

by Abby Cox

Seguin, Texas — Houston-based developer NewQuest has begun work on Seguin Exchange, a 544-acre mixed-use development that will be located on the northeastern outskirts of San Antonio. NewQuest first acquired the land in 2007 and is now underway on infrastructural work. Plans for Seguin Exchange currently call for approximately 2 million square feet of industrial space and 750,000 square feet of retail, restaurant and entertainment space that will be housed within a single shopping center. Seguin Exchange is also planned to feature medical, multifamily and hospitality uses. Within the development’s …

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