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Rivoli-Crossing
GeorgiaInvestment salesNews

Atlantic Capital Partners Arranges $10.6 Million Sale of Rivoli Crossing in Macon, Georgia

by Abby Cox

Macon, Ga. — Atlantic Capital Partners has arranged the $10.6 million sale of Rivoli Crossing, a 95,977-square-foot shopping center located in Macon. Rivoli Crossing was 53 percent leased at the time of sale to 12 service-oriented tenants such as Orangetheory, Leslie’s Pool Supplies and Dollar Tree, and is anchored by The Fresh Market. The center also features a 35,716-square-foot big-box vacancy, in addition to 7,978 square feet of available inline shop space. Fred Victor, Sam Koonce, Teddy Driscoll and Matt Austin of Atlantic Capital Partners represented the seller, Coro Realty, in …

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the-marketplace-at-huntington-valley
Grocery-anchoredInvestment salesNewsPennsylvania

Wilder, J.P. Morgan Acquire The Marketplace at Huntingdon Valley in Metro Philadelphia

by Abby Cox

Huntingdon Valley, Pa. — Wilder and J.P. Morgan Asset Management have acquired The Marketplace at Huntingdon Valley, a 257,000-square-foot community center located in Huntingdon Valley, roughly 20 miles north of Philadelphia. Weis Markets anchors the property, which was 95 percent occupied at the time of sale. Additional tenants include LA Fitness, Penn Cinema, Starbucks Coffee, Chipotle Mexican Grill, Dunkin’, Hand & Stone Massage & Facial Spa and Pennsylvania Fine Wine & Good Spirits. Wilder will oversee leasing, management, marketing and asset strategy for the property, with an immediate focus on placemaking, …

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Alafaya Square
FloridaGrocery-anchoredInvestment salesNews

Philips Edison & Co. Purchases 168,532-Square-Foot Grocery-Anchored Center in Oviedo, Florida

by Abby Cox

Oviedo, Fla. — Philips Edison & Co. has acquired Alafaya Square, a 168,532-square-foot center located in the northeast Orlando suburb of Oviedo. Danny Finkle, Jorge Portela and Evan Lahr of JLL Capital Markets represented the seller, a joint venture between MCB Real Estate and an institutional investor, in the transaction. Alafaya Square, which was 96 percent occupied at the time of sale, is anchored by a newly built Publix. Other tenants at the center include Planet Fitness, IHOP, Keller Williams, Froggers Grill & Bar and Arcade Monsters.

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Southside at McEwen
Grocery-anchoredInvestment salesNewsTennessee

Nuveen Sells 92,470-Square-Foot Center in Metro Nashville, Tennessee

by Abby Cox

Franklin, Tenn. — New York City-based Nuveen Real Estate has sold Southside at McEwen, a 92,470-square-foot retail center located in Franklin, roughly 20 miles south of downtown Nashville. Jim Hamilton, Brad Buchanan and John Perry Hilton of JLL represented Nuveen in the transaction. Dallas-based Lincoln Property Co. served as the investment advisor for the buyer, a high net-worth family office. The sales price was not disclosed. Whole Foods Market anchors Southside at McEwen, which was built in 2012 on approximately 10.5 acres. The fully leased center features a mix of …

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CaliforniaDevelopmentNewsRetailers

Ross Opens 51 Stores Across 17 States in September, October

by Abby Cox

Dublin, Calif. — Ross Stores Inc. has opened 51 new locations throughout the months of September and October, including 41 Ross Dress for Less and 10 dd’s DISCOUNTS stores. This expansion, which spans 17 states, has completed the company’s growth plans for fiscal 2026, with the addition of 115 new locations throughout the year. Together, Ross Dress for Less and dd’s DISCOUNTS currently operate approximately 2,377 stores across 45 states, the District of Columbia, Guam and Puerto Rico.

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Hilliard-Rome-Commons
Investment salesNewsOhioPower centers

CASTO Acquires Power Center in Metro Columbus, Ohio, for $20.5 Million

by Abby Cox

Hillard, Ohio — CASTO has acquired Hilliard Rome Commons, a 106,922-square-foot power center located in Hillard, approximately 10 miles northwest of Columbus, for $20.5 million. Michael Nieder and Brian Page of JLL Capital Markets represented the seller, RCG Ventures, in the transaction. Built in 2002, Hilliard Rome Commons was fully leased at the time of sale to tenants including Burlington, HomeGoods, Ulta Beauty, pOpshelf, Buffalo Wild Wings and Bank of America, which is situated on a separate outparcel.

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FinanceMissouriNews

CBL Properties Receives $135 Million Refinancing for St. Louis Mall

by Abby Cox

St. Louis — CBL Properties has received a $135 million refinancing of its mortgage loan for West County Center, a 1.2 million-square-foot regional mall located in St. Louis. The new loan, which replaces an existing $136.4 million loan that was scheduled to mature in December, carries a five-year term with a fixed interest rate of 7.4 percent.  After repayment of the maturing loan and the release of existing escrow balances, CBL received roughly $2 million in net proceeds from the new financing. The financing also removes the cash management sweep associated …

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Douglassville-Retail-Portfolio
Investment salesNewsPennsylvania

Marcus & Millichap Negotiates $10 Million Sale of Retail Portfolio in Eastern Pennsylvania

by Abby Cox

Douglassville, Pa. — Marcus & Millichap has negotiated the $10 million sale of a retail portfolio located in Douglassville, roughly 40 miles northwest of Philadelphia. The portfolio, which spans 48,736 square feet, includes two retail strip centers, three freestanding pads and a nearly 2-acre development site. The strip centers are fully leased, while Dollar Tree, Chase Bank and Michael’s Restaurant occupy the three freestanding properties.   Colin Reder and Derrick Dougherty of Marcus & Millichap represented the seller, the family of the original developer, and procured the buyer, a Philadelphia-based company.

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Unified-Dental-Care
Investment salesMichiganNews

CrownPoint Arranges $9.2 Million Sale-Leaseback of Dental Portfolio in Michigan

by Abby Cox

Lansing, Mich. — CrownPoint Partners has arranged the $9.2 million sale-leaseback of a five-property dental portfolio located across lower Michigan. CrownPoint represented both the seller and buyer in the transaction. The transaction was structured with new 15-year absolute-net leases featuring 2 percent annual rent increases, providing the buyer with long-term contractual income and no landlord responsibilities. The portfolio spans established healthcare and retail corridors throughout Michigan and serves combined trade areas encompassing more than 1.6 million residents. The portfolio consists of five dental properties totaling 35,212 square feet across Lansing, …

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block-37
IllinoisInvestment salesNews

Newmark Arranges $30 Million Sale of Trophy Retail Property in Downtown Chicago

by Abby Cox

Chicago — Newmark has arranged the $30 million sale of Block 37, a 277,654-square-foot trophy retail property located in downtown Chicago. Block 37 comprises five floors of retail space anchored by a mix of tenants including Zara, Sephora, AMC Theatres and The Dearborn, and a four-level underground parking garage. The property is situated within the larger Block 37 mixed-use development that also features residential and office towers. Keely Polczynski and Brian Schneiderman of Newmark represented the seller, CIM Group, in the transaction.

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