Friday, November 7, 2025
Read the Digital Magazines
Subscribe

News

Terra-Nova_Terrell-Texas
DevelopmentMixed-useNewsTexas

Main Square Development Receives Approval for $3 Billion Master-Planned Community in Dallas-Fort Worth Metroplex

by Abby Cox

Terrell, Texas — Main Square Development has announced that the company has received approval from the Terrell City Council for the development of Terra Nova, a new $3 billion master-planned community.  Situated roughly 30 miles east of Dallas, the development will feature 1,200 multifamily units and a 48-acre mixed-use district, as well as 3,600 single-family homes. The mixed-use component of the development will include 200,000 square feet of shops, restaurants and offices anchored by a main square.  Terra Nova will also feature 145 acres of parks and trails, including 27 …

Continue Reading
0 FacebookTwitterLinkedinEmail
550 Arsenal Street
Investment salesMassachusettsNews

JLL Arranges $83 Million in Financing for 260,867-Square-Foot Shopping Center in Suburban Boston

by Abby Cox

Watertown, Mass. — JLL Capital Markets has arranged $83 million in financing for the acquisition of 550 Arsenal Street, a 260,867-square-foot shopping center located in the Boston suburb of Watertown. Anchored by Target, 550 Arsenal Street is situated adjacent to Arsenal Yards, a roughly 1 million-square-foot mixed-use development. Additional tenants include Best Buy, the Massachusetts Registry of Motor Vehicles and Chase Bank. Henry Schaffer, Andrew Gray, Sam Wiesman and Joe Marinaro of JLL arranged the fixed-rate loan through Wells Fargo on behalf of the borrower, National Development.

Continue Reading
0 FacebookTwitterLinkedinEmail
Village at Westfork
GeorgiaInvestment salesNews

Columbia Properties Acquires 75,947-Square-Foot Grocery-Anchored Shopping Center in Metro Atlanta

by Abby Cox

Lithia Springs, Ga. — Columbia Properties has acquired Village at Westfork, a 75,947-square-foot, grocery-anchored shopping center located in Lithia Springs, roughly 20 miles west of downtown Atlanta. Built in 1994, Village at Westfork comprises 12 tenant suites and was fully leased at the time of sale. A 54,322-square-foot Kroger anchors the property, which also houses JPMorgan Chase, The UPS Store, H&R Block and Cricket Wireless. Jim Hamilton, Brad Buchanan, Andrew Kahn and Charlie Merrigan of JLL represented the seller, KPR Centers, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Food Fair Shopping Center
FloridaInvestment salesNews

Ocean Bank Provides $16 Million in Refinancing for Food Fair Shopping Center in Metro Miami

by Abby Cox

Key Biscayne, Fla. — Ocean Bank has provided $16 million for the refinancing of Food Fair Shopping Center, a 23,793-square-foot retail center located off the coast of Miami on Key Biscayne Island. Originally built in 1965 on 1.7 acres, the property is anchored by CVS Pharmacy. Other tenants include Sir Pizza and a dry cleaner. T. George Harduvel of Ocean Bank arranged the loan.

Continue Reading
0 FacebookTwitterLinkedinEmail
Grocery-anchoredInvestment salesNewsPennsylvania

CBRE Brokers Sale of 63,392-Square-Foot Shopping Center in Lancaster, Pennsylvania

by Abby Cox

Lancaster, Pa. — CBRE has brokered the sale of The Shops at Prospect, a 63,392-square-foot shopping center in Lancaster, located roughly midway between Philadelphia and Harrisburg. Grocer Giant anchors the center, which is also home to tenants such as Penn State Health and Hillcrest Pharmacy. Chris Munley, Colin Behr, Ryan Sciullo and Casey Benson Smith of CBRE represented the seller, Brixmor Property Group, in the transaction. Bennett Williams Commercial represented the buyer, Deerin Cos.

Continue Reading
0 FacebookTwitterLinkedinEmail
Spalding Village
GeorgiaInvestment salesNews

Matthews Arranges Sale of 222,017-Square-Foot Spalding Village in Metro Atlanta

by Abby Cox

Griffin, Ga. — Matthews has arranged the sale of Spalding Village, a 222,017-square-foot neighborhood shopping center located in Griffin, roughly 40 miles south of Atlanta. The property was fully leased at the time of sale to tenants including Hobby Lobby, Ross Dress for Less, Goodwill and Ollie’s Bargain Outlet. Kyle Stonis, Pierce Mayson and Boris Shilkrot of Matthews represented the seller, Big V Property Growth, in the disposition of the property to Aggarwal Real Estate.

Continue Reading
0 FacebookTwitterLinkedinEmail
Forks Town Center
Grocery-anchoredInvestment salesNewsPennsylvania

CBRE Negotiates Sale of 100,250-Square-Foot Shopping Center in Easton, Pennsylvania

by Abby Cox

Easton, Pa. — CBRE has negotiated the sale of Forks Town Center, a 100,250-square-foot shopping center located in the Lehigh Valley city of Easton. Giant Food anchors the center, which was fully leased at the time of sale. Additional tenants include Dunkin’, PNC Bank, Fine Wine & Good Spirits and Verizon Wireless. Nike Equities was the buyer. Chris Munley, Colin Behr, Ryan Sciullo and Casey Benson Smith of CBRE’s National Retail Partners team represented the seller, JC Bar Properties Inc., in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Shattuck Plaza
CaliforniaDevelopmentInvestment salesNews

Flying Horse Investments Acquires Shattuck Plaza in Northern California, Plans Renovation

by Abby Cox

Berkeley, Calif. — Flying Horse Investments LLC (FHI) has acquired Shattuck Plaza, a 29,187-square-foot, street-front retail property located in downtown Berkeley, with plans to renovate the center. Renovations will include lease-ready storefronts on the 17,767-square-foot ground-level. The building’s 11,430-square-foot lower-level space will also be reactivated to feature community-serving tenants, such as fitness, education and wellness concepts. The renovation is expected to begin immediately, with FHI targeting approximately six to nine months for initial building upgrades and another six to nine months for tenant buildouts, subject to permitting and city approvals. …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentFloridaNews

EDENS Breaks Ground on Redevelopment of Shadowood Square Shopping Center in Boca Raton, Florida

by Abby Cox

Boca Raton, Fla. — EDENS has begun the overhaul of Shadowood Square, a shopping center located in Boca Raton. The development firm is demolishing a portion of the center, now rebranded as Shadowood, that once housed a movie theater to make way for five new retail buildings totaling 49,330 square feet. The new buildings will be connected by a 25-foot-wide promenade and public green space. Additionally, three existing retail buildings totaling 60,557 square feet will be fully renovated and placemaking elements including brightened facades, signage and wayfinding, paseos, public art and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Zaxby's
DevelopmentNewsOhio

Zaxby’s Signs Multi-Unit Franchise Agreement to Debut in Ohio

by Abby Cox

Ohio — Zaxby’s has signed a franchise agreement with an unnamed fast-food franchise group to open 10 new restaurants in Ohio. The newest locations will include Dayton, Columbus and Cincinnati, which will mark Zaxby’s debut in the state. Franchise operator Charles Terry will serve as key operator for the new stores. Zaxby’s currently has over 970 locations in 17 states and is headquartered in Atlanta, Georgia.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts