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The Shops at Dublin Commons
IllinoisInvestment salesNews

CBRE Brokers $20.5 Million Sale of Shops at Dublin Commons in Colorado Springs

by Abby Cox

Colorado Springs, Colo. — CBRE has brokered the $20.5 million sale of the Shops at Dublin Commons, a 34,104-square-foot retail strip center located in Colorado Springs. Parker Brown, Matthew Henrichs and Brad Lyons of CBRE represented John Winsor of Olive Real Estate Partners in the transaction. Located at 5925 and 5935 Dublin Blvd., the center was built in 2016 and 2018. Tenants include Salsa Brava, Over Easy: A Daytime Eatery, Mod Pizza, Nothing Bundt Cakes, Massage Heights and Beauty Bar, according to LoopNet Inc.

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Investment salesNewsTexas

CIM Group Sells 177,434-Square-Foot Shopping Center in Dallas

by Abby Cox

Dallas — CIM Group has sold Best Buy Plaza, a 177,434-square-foot shopping center located at 9358 N. Central Expressway in North Dallas. Situated roughly seven miles north of the Dallas Central Business District, Best Buy Plaza was constructed in 1995 on nearly 15 acres. The center was fully leased at the time of sale to tenants including Dick’s Sporting Goods, Total Wine & More, Cavender’s, Hyper Kidz and Best Buy, which anchors the property. CIM Group originally acquired Best Buy Plaza in 2016. During its ownership of the property, CIM Group …

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smokey-mo's
DevelopmentNewsRestaurantsTexas

Smokey Mo’s BBQ Signs Four-Unit Development Agreement in Austin, Texas

by Abby Cox

Austin, Texas — Smokey Mo’s BBQ has signed a franchise agreement to develop four new restaurants in Austin. Father-son entrepreneur duo Cody and Stephen Cox will own and operate the locations. Along with its expansion plans, Smokey Mo’s has recently introduced a refreshed restaurant design, optimized kitchen flow and digital ordering capabilities. Founded in 2000, Smokey Mo’s currently has 23 active restaurants across Texas.

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shops-at-mauna-lani
HawaiiInvestment salesNews

BH Properties Acquires The Shops at Mauna Lani on Hawaii’s Kohala Coast

by Abby Cox

Kamuela, Hawaii — Los Angeles-based BH Properties has acquired The Shops at Mauna Lani, a 75,000-square-foot open-air center located along the Kohala Coast in Hawaii. Terms of the transaction were not disclosed. Anchored by a Tommy Bahama Restaurant & Bar, The Shops at Mauna Lani features a mix of additional tenants including Island Hopper Taproom, Mauna Lani Coffee Co., Hawaiian Island Creations, a Foodland Farms grocery store, as well as local retailers, art galleries and wellness operators. The 6-acre center serves as the primary retail and dining destination for the surrounding …

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Whole-Foods-Madison-Yards
Grocery-anchoredInvestment salesMixed-useNewsWisconsin

Mid-America Brokers Sale of 51,361-Square-Foot Single-Tenant Retail Property in Madison, Wisconsin

by Abby Cox

Madison, Wis. — Mid-America Real Estate Corp. has brokered the sale of a newly developed, single-tenant retail property located in Madison. Whole Foods Market occupies the 51,361-square-foot building, which serves as the anchor tenant for Madison Yards, a 21-acre mixed-use development under construction. Dan Rosenfeld, Andrew Lund, Nick Kohlmann and George Ghattas represented the seller, Summit Smith Development, in the transaction. The property was acquired by a private buyer. In addition to Whole Foods Market, Madison Yards will feature more than 500 luxury apartments and 400,000 square feet of medical/office space, as well …

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GeorgiaInvestment salesNews

Prudent Growth Partners Sells River Pointe Commons in Metro Atlanta for $6 Million

by Abby Cox

Dallas, Ga. — Chapel Hill, North Carolina-based Prudent Growth Partners has sold River Pointe Commons, a 22,665-square-foot neighborhood center in Dallas, roughly 30 miles northwest of downtown Atlanta, for $6 million. Built in 2006 and renovated in 2016, River Pointe Commons features a mix of tenants including Life Smiles Dental, New Hope Animal Hospital, H&R Block, Evan-Blake Salon and Johnny’s New York Style Pizza, according to LoopNet Inc. Prudent Growth Partners originally purchased the property in 2022 for $4.8 million.

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meta-lab-manhattan
DevelopmentNew YorkNewsRetailers

Meta to Open Retail Flagship on Fifth Avenue in Manhattan

by Abby Cox

New York City — American technology conglomerate Meta Platforms Inc. will open its first New York flagship location at 697 Fifth Avenue in Manhattan. Meta signed a 10-year lease with Vornado Realty Trust to occupy the entire five-level, 15,000-square-foot townhouse building adjacent to the base of the St. Regis Hotel. The company opened its first flagship store, Meta Lab, in Los Angeles last year. Meta Lab is intended to serve as a hands-on, experiential “playground” where customers can discover, test and purchase Meta’s wearable hardware.

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presidio-portfolio
Investment salesNewsTexas

Younger Partners Acquires 375,000-Square-Foot Retail Portfolio in Fort Worth, Texas

by Abby Cox

Fort Worth, Texas — Younger Partners Investments has acquired a 375,000-square-foot retail portfolio located at I-35 West and North Tarrant Parkway in Fort Worth. The portfolio, known as Presidio Junction, comprises three neighboring retail properties: Presidio Towne Crossing, Tehama Towne Crossing and Vista Ridge. The fully leased shopping centers are shadow anchored by Target and Costco and feature a mix of additional tenants such as T.J. Maxx, HomeGoods, Ross, Aldi, Petco, Old Navy, Sephora, Shoe Carnival, Five Below, Daiso and Rally House. Developed between 2015 and 2020, the portfolio also includes …

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fritz-farm-expansion
DevelopmentKentuckyMixed-useNews

Hendricks to Invest $14.1 Million for Retail Expansion at Fritz Farm Mixed-Use Development in Lexington, Kentucky

by Abby Cox

Lexington, Ky. — Beloit, Wisconsin-based Hendricks Commercial Properties (HCP) will invest $14.1 million to expand the retail offerings at Fritz Farm, a 52-acre mixed-use development located in Lexington. The expansion will add three new retail buildings and more than 30,000 square feet of retail and restaurant space at the property. Construction is expected to begin this month, while shell spaces are anticipated to be delivered to tenants in December. Originally developed as The Summit at Fritz Farm by Bayer Properties (now part of Centennial Real Estate), the center opened in 2017 …

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Circle-K-Lakeland
FloridaInvestment salesNewsUncategorized

SRS Negotiates $4.3 Million Ground Lease Sale of Single-Tenant Retail Property in Lakeland, Florida

by Abby Cox

Lakeland, Fla. — SRS Real Estate Partners has negotiated the $4.3 million ground lease sale of a single-tenant retail property located at 3810 County Line Road in Lakeland. A Circle K convenience store and gas station occupies the 5,200-square-foot property, which was built in 2025, on a triple-net corporate-guaranteed, ground lease with 15 years remaining. Patrick Nutt and William Wamble of SRS represented the seller, a Florida-based developer. The 1031 exchange buyer was a California-based private investor.

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