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Hillside Town Center
IllinoisInvestment salesNews

JLL Arranges Sale of 160,330-Square-Foot Retail Center in Metro Chicago

by Abby Cox

Hillside, Ill. — JLL Capital Markets has arranged the sale of Hillside Town Center, a 160,330-square-foot open-air retail center located in Hillside, roughly 15 miles west of Chicago. Target shadow anchors Hillside Town Center, which spans six buildings and was 99 percent leased at the time of sale. Other tenants include HomeGoods, Ross Dress for Less, Michaels, Petco and Planet Fitness, who recently signed a new 10-year lease. Michael Nieder and Brian Page of JLL’s Investment Sales and Advisory team represented the seller, Hartford, Connecticut-based Hutensky Capital Partners, in the transaction. …

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Shops of Edelweiss Village
Investment salesMichiganNews

SRS Real Estate Brokers Sale of 51,857-Square-Foot Retail Property in Gaylord, Michigan, for $7.6 Million

by Abby Cox

Gaylord, Mich. — SRS Real Estate Partners has brokered the sale of the Shops of Edelweiss Village, a 52,857-square-foot retail property located in Gaylord, for $7.6 million. Built in 2004 on nearly 13 acres, Dollar Tree anchors the center, which was 78 percent occupied at the time of sale. Additional tenants include Pet Supplies Plus, Kay Jewelers, AT&T and Sally Beauty. Matthew Mousavi and Patrick Luther of SRS represented the seller, a Michigan-based family partnership. Kevin Jappaya and David Jappaya of KJ Commercial Real Estate Advisors represented the buyer, a Michigan-based group …

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Olde Towne Grayson
GeorgiaInvestment salesNews

FrostPoint Capital Acquires 13,896-Square-Foot Retail Strip Center in Suburban Atlanta

by Abby Cox

Grayson, Ga. — West Palm Beach, Florida-based FrostPoint Capital has acquired Olde Towne Grayson, a 13,896-square-foot retail strip center in Grayson, a northeast suburb of Atlanta in Gwinnett County. The property, which FrostPoint is rebranding as Grayson Square, was fully leased at the time of sale to tenants including AutoZone, Lendmark Financial, Little Caesars Pizza, JB’s Barbershop and Katie’s Sports Bar & Grill. Marc Irvin and Matthew Welch of Marcus & Millichap brokered the transaction. The seller and sales price were not disclosed.

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Wayside
LeasingMassachusettsNews

Three New Tenants Join Wayside Shopping Center in Suburban Boston

by Abby Cox

Burlington, Mass. — Three new tenants have signed leases to join Wayside, a 193,000-square-foot shopping mall located in the Boston suburb of Burlington. Diamonds & Pearls by David’s Bridal is already open at the property. Golf Galaxy will open a 16,000-square-foot venue in mid-October, while contemporary Japanese restaurant Hinoki will open in early 2026. Wayside is anchored by L.L. Bean and features more than 30 shops, services and restaurants including West Elm, Talbots, Loft, Eileen Fisher, The Capital Grille, Seasons 52, Starbucks Coffee, Potbelly Sandwich Works and The Treasury. The Wilder …

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Midtown Park
DevelopmentFloridaMixed-useNewsRestaurantsRetailers

City of Miami Approves $2 Billion Midtown Park Mixed-Use Development

by Abby Cox

Miami — The City of Miami’s Urban Development Review Board has officially approved the master plan for Midtown Park, a $2 billion mixed-use development. A joint venture between Rosso Development, Midtown Development and Proper Hospitality is developing the project, a construction timeline for which has not yet been announced.  Plans for the two-phase, 1.2 million-square-foot project currently call for 924 residential units, 60,000 square feet of office space and more than 120,000 square feet of retail and restaurant space. Additionally, the development will feature two public plazas, a network of pedestrian-oriented …

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Woodstock Mill District
DevelopmentGeorgiaGrocery-anchoredNews

Connolly Underway on 118,000-Square-Foot Woodstock Mill District Shopping Center in Metro Atlanta

by Abby Cox

Woodstock, Ga. — Atlanta-based real estate developer and investor Connolly has begun construction on Woodstock Mill District, a 118,000-square-foot retail property located in the Atlanta suburb of Woodstock. The property is scheduled to open in phases throughout the second half of 2026. Woodstock Mill District will comprise 90,000 square feet of new retail space, including a 46,791-square-foot Publix Super Market that will serve as the anchor tenant. Additionally, the development will include six freestanding buildings ranging in size from 3,500 square feet to 13,750 square feet. Towne Lake Plaza, an …

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Buccaneer Square
FloridaGrocery-anchoredInvestment salesNews

TSCG Negotiates $12.7 Million Sale of Buccaneer Square in Tampa, Florida

by Abby Cox

Tampa, Fla. — TSCG has negotiated the $12.7 million sale of Buccaneer Square, a 103,813-square-foot shopping center located in Tampa. Aldi anchors Buccaneer Square, which was 91 percent leased at the time of sale. Additional tenants include Harbor Freight Tools, Boot Barn and Five Below. CVS Pharmacy and Chick-fil-A occupy separate outparcels at the property that were not included in the sale. Originally built in 1970 and renovated in 2000, Buccaneer Square sits on roughly 8.5 acres. Anthony Blanco of TSCG represented the seller, a private partnership, in the transaction. The …

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Butterfield Station
CaliforniaGrocery-anchoredInvestment salesNews

SRS Real Estate Arranges $9.8 Million Sale of 30,057-Square-Foot Retail Property in Southern California

by Abby Cox

Temecula, Calif. —SRS Real Estate Partners has arranged the $9.8 million sale of a single-tenant retail property situated within Butterfield Station, a 70,455-square-foot grocery-anchored retail center in Temecula. Fitness 19 occupies a 30,057-square-foot building at the center. This transaction completes the $26.5 million, four-parcel break-up strategy of Butterfield Station. As part of the break-up, in 2024, a 30,038-square-foot Smart & Final grocery store sold for $11.5 million, while a 5,360-square-foot multi-tenant strip center sold for roughly $2.3 million. The last of the properties included in the break-up was the 5,000-square-foot …

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Annapolis Mall
LeasingMarylandNews

Seven New Tenants to Join Annapolis Mall

by Abby Cox

Annapolis, Md. — Seven new tenants have signed leases to join Annapolis Mall, a 1.6 million-square-foot super-regional mall located in Annapolis, approximately 30 miles east of Washington, D.C. GOAT USA will open this fall, while Swarovski will follow this winter. OFFLINE by Aerie and Dick’s House of Sport will debut in summer 2026, with UNIQLO and Jack & Jones opening in fall 2026. Additionally, Fello will join the tenant lineup in winter 2026. Meanwhile, existing tenant Talbots has expanded its space at Annapolis Mall and will open this winter. The inclusion …

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NorthPark Center
FinanceInvestment salesNewsTexas

JLL Arranges $1.2 Billion Refinancing for NorthPark Center in Dallas

by Abby Cox

Dallas — JLL Capital Markets has arranged $1.2 billion loan for the refinancing of NorthPark Center, a 1.9 million-square-foot super-regional shopping center located in Dallas. Originally developed in 1965, NorthPark Center features more than 190 tenants including Neiman Marcus, Nordstrom, Macy’s, Dillard’s and Eataly, as well as a 15-screen AMC theater. The property is currently 98.6 percent leased. Timothy Joyce, Trey Morsbach and Matt Maksymec of JLL’s Debt Advisory team arranged the financing on behalf of the borrower, NorthPark Management Co. Wells Fargo, Morgan Stanley and Goldman Sachs provided the loan. The new loan will pay …

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