News

Stafford-Park
Investment salesNew JerseyNews

JLL Negotiates $20.5 Million in Refinancing for Stafford Park in New Jersey

by Abby Cox

Stafford Township, N.J. — JLL Capital Markets has arranged a $20.5 million loan to refinance Stafford Park, a 140,893-square-foot shopping center located in Stafford Township near the Jersey Shore. Jim Cadranell, Ryan Carroll and Christian Badalamenti of JLL secured the five-year, fixed-rate loan through an investment manager on behalf of the borrower, Walters Group. Developed by Walters Group in 2007, the open-air center is fully leased to tenants such as Dick’s Sporting Goods, Best Buy, PetSmart and Ulta Beauty. Stafford Park is also shadow-anchored by Costco and Target.

Continue Reading
0 FacebookTwitterLinkedinEmail
Highlandtown-Village_Baltimore
Investment salesMarylandNews

IPA Negotiates Sale of 57,524-Square-Foot Shopping Center in Baltimore

by Abby Cox

Baltimore — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Highlandtown Village, a 57,524-square-foot shopping center located at 3800 E. Lombard St. in Baltimore. Built in 1987, the retail center was fully leased at the time of sale to tenants including Hazlo International Foods, Dollar Tree, Baltimore Bark House, Fishtail Wine and Song’s Beauty Supplies. The average tenant occupancy at Highlandtown Village exceeds 14 years, according to IPA. David Crotts and Dean Zang of IPA represented the undisclosed seller in the transaction. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
mcdonalds-rep-photo
CaliforniaInvestment salesNews

RealSource Group Arranges $3.2 Million Sale of Single-Tenant Retail Property in Southern California

by Abby Cox

Wildomar, Calif. — RealSource Group has arranged the $3.2 million sale of a newly constructed, single-tenant retail property located within the Canyon Plaza retail development in Wildomar. McDonald’s occupies the 4,000-square-foot building, which includes a dual-lane prototype design, on a new 20-year absolute triple-net ground lease. Jonathan Schiffer and Austin Blodgett of RealSource represented the seller, a private Southern California-based developer. Dustin Lee of J&C Investment Group represented the buyer, a private international investor, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Pokeworks-Astoria-NY
DevelopmentNew YorkNewsRestaurants

Pokeworks to Open Four New Restaurants in New York

by Abby Cox

New York City — Irvine, California-based Pokeworks has signed two separate franchise agreements to open four new restaurants in Long Island and Manhattan. Restaurant operator Joe Magnotta is expected to open a Pokeworks restaurant in mid-2026 on Long Island, while business leader Sanchit Sharma plans to develop locations in central Midtown Manhattan that target areas with strong office density and foot traffic. The first restaurant in Manhattan is anticipated to open by late summer 2026, and two more are set to follow. Pokeworks currently operates seven locations in New York City, …

Continue Reading
0 FacebookTwitterLinkedinEmail
LeasingNew YorkNews

WS Development Signs Leases with Four New Tenants at Station Twelve Near Buffalo

by Abby Cox

Amherst, N.Y. — WS Development has signed leases with four new tenants at Station 12, an open-air center under development in the Buffalo suburb of Amherst. Black & Blue Steak and Crab, Tempur-Pedic, The North Face and Warby Parker are expected to make their debut in late 2026. The newest tenant lineup joins the first wave of retail, dining and wellness concepts previously announced for Station 12, including Williams Sonoma, Pottery Barn, Anthropologie, Alo Yoga, Solidcore, EVEREVE, Just Salad, gorjana, Free People, FP Movement, Rowan and Oola Bowls.

Continue Reading
0 FacebookTwitterLinkedinEmail
Vineyard-Towne-Center
ArizonaDevelopmentLeasingNews

Vestar Completes $100 Million Vineyard Towne Center Retail Development in Queen Creek, Arizona

by Abby Cox

Queen Creek, Ariz. — Vestar, a privately held shopping center developer and manager based in Phoenix, has announced the completion of Vineyard Towne Center, a 260,000-square-foot retail development located in Queen Creek, approximately 45 miles northwest of Phoenix. Following the 2021 groundbreaking, the $100 million development is now fully leased. “This center has seen incredible leasing momentum, and the strong response from both tenants and residents underscores the demand for high-quality destinations that blend convenience, variety and an elevated sense of place,” says Jeffrey Axtell, executive vice president of development at …

Continue Reading
0 FacebookTwitterLinkedinEmail
Geist-Landing
IndianaInvestment salesNews

Hanley Investment Group Arranges Sale of Four Retail Strip Centers in Indiana for $30.5 Million

by Abby Cox

Fishers and McCordsville, Ind. — Hanley Investment Group Real Estate Advisors has arranged the sale of four retail strip centers in separate transactions for $30.5 million in Indiana. Spanning 83,000 square feet, the properties include Brookschool Plaza, Sunblest Shoppes and Geist Landing in Fishers, and Geist Corner in McCordsville. Dylan Mallory of Hanley, in association with Parasell Inc., represented the seller in all four transactions. The first property, Brookschool Plaza, totals 22,400 square feet and was fully leased to tenants including Dunkin’, Sherwin-Williams and Ascension Medical Group. The seller was a …

Continue Reading
0 FacebookTwitterLinkedinEmail
The-Bend_Chattanooga
DevelopmentFinanceMixed-useNewsTennessee

Hilco Provides $47.5M Construction Loan for Mixed-Use Development in Chattanooga, Tennessee

by Abby Cox

Chattanooga, Tenn. — Hilco Global Real Estate Capital has provided a $47.5 million loan to Urban Story Ventures to support the recapitalization and continued development of The Bend, a 100-acre mixed-use development underway in Chattanooga. Plans for the project, which will feature more than 3,000 linear feet of frontage along a bend of the Tennessee River, include approximately 1,700 residential units; 1.1 million square feet of office space; 1.2 million square feet of dining, shops and service retailers; 600 hotel rooms; entertainment and cultural venues; and a 300-slip marina. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
Franklin-Commons
FinanceGrocery-anchoredIndianaInvestment salesNews

MMCC Arranges $7.6 Million in Financing for Retail Center in Suburban Indianapolis

by Abby Cox

Franklin, Ind. — Marcus & Millichap Capital Corp. (MMCC) has arranged $7.6 million in financing for Franklin Commons, an 85,980-square-foot retail center located in Franklin, about 20 miles south of Indianapolis. Garrett Fierstein of MMCC secured the financing with a local bank on behalf of the borrower. The five-year loan features a 6.5 percent interest rate, 25-year amortization period and a 70 percent loan-to-value ratio. Anchored by Kroger, Franklin Commons is also home to Marshalls, Ross Dress for Less, PetSmart and Five Below.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesKentuckyNews

SRS Real Estate Negotiates Sale-Leaseback of 3,250-Square-Foot Single-Tenant Retail Property in Louisville, Kentucky

by Abby Cox

Louisville, Ky. — SRS Real Estate Partners has negotiated the sale-leaseback of a newly redeveloped, single-tenant retail property in Louisville. Taco Bell occupies the 3,250-square-foot building. Sarah Shanks and Morgan Zant of SRS Real Estate Partners represented the seller, Southpaw, a Connecticut-based Taco Bell franchisee. The buyer was a California-based private investor. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts