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The Quad at Whittier
CaliforniaGrocery-anchoredInvestment salesNewsPower centers

Brixton Capital Acquires The Quad at Whittier for $100 Million in California

by Abby Cox

Whittier, Calif. — Brixton Capital has acquired The Quad at Whittier, a 314,593-square-foot, grocery-anchored power center located in Whittier, approximately 20 miles southeast of Los Angeles, for $100 million. A portion of the funding for the acquisition originated from a $250 million retail-focused joint venture between Brixton Capital and an undisclosed global investment firm. Chase Levra and Chris Hoffmann of Eastdil Secured represented the undisclosed seller, while Brixton Capital represented itself in the transaction. The Quad at Whittier spans nine buildings and was 95.6 percent leased at the time of sale. …

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Delray-Landing
FloridaGrocery-anchoredInvestment salesNews

PEBB, Topvalco Sell Sprouts-Anchored Shopping Center in South Florida for $30 Million

by Abby Cox

Delray Beach, Fla. — A joint venture between PEBB Enterprises and Cincinnati-based Topvalco Inc. has sold Delray Landing, a 70,426-square-foot shopping center located at 5024-5070 W. Atlantic Ave. in Delray Beach. Sprouts Farmers Market anchors the shopping center, whose tenant roster also includes Retro Fitness, Keke’s Breakfast Café, CJ’s Sports Bar & Grill and Good Vets. An entity doing business as 30 Realty LLC purchased the shopping center for $30 million. Eric Williams and Cole Frantz of Newmark represented the seller in the transaction. During their ownership period, PEBB and …

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former-kmart-round-lake-illinois
IllinoisIndianaInvestment salesNews

Mid-America Real Estate Arranges Sale of Two Retail Properties in Illinois, Indiana

by Abby Cox

Round Lake, Ill. and Michigan City, Ind. — Mid-America Real Estate Corp. has arranged the sale of two retail properties in Illinois and Indiana. Andy Bulson, Mike Phillips, Dick Spinell and Mike Fitzgerald represented the seller and owner, Transformco — the company holding former Kmart/Sears assets — in both transactions. The first property, a 190,174-square-foot former Super Kmart store located in Round Lake, was purchased by Target Stores. The second property, a former Sears and Sears Auto Center complex situated directly within Marquette Mall in Michigan City, totals a combined 105,270 …

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902-W-Washington
CaliforniaInvestment salesNews

Location Matters Negotiates $3.2 Million Sale of a Single-Tenant Restaurant Property in Mission Hills, California

by Abby Cox

Mission Hills, Calif. — San Diego-based Location Matters has negotiated the $3.2 million sale of a single-tenant restaurant property located in the San Diego neighborhood of Mission Hills. Situated at 902 W. Washington St., the 2,505-square-foot building is occupied by contemporary American restaurant Harley Gray Kitchen & Bar, which has operated at the site for 12 years. Mike Spilky of Location Matters represented both the seller and the buyer in the transaction. The buyer plans to reposition the space with a new restaurant concept.

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NewsRetailersWashington

Amazon to Close Physical ‘Go’ and ‘Fresh’ Grocery Stores, Expands Whole Foods Market Brand

by Abby Cox

Seattle — Amazon is announcing plans to close its Amazon Go and Amazon Fresh brick-and-mortar stores. A total of 57 Amazon Fresh and 15 Amazon Go stores will shut down in February, according to several media sources. Amazon first launched the cashier-less Amazon Go stores in 2018 and expanded in 2020 with the first Amazon Fresh grocery stores. According to the company, Amazon will instead focus on an effort to prioritize expansion for Whole Foods Market, which it acquired in 2017. Amazon is expected to open more than 100 new Whole …

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first-street-napa
CaliforniaFinanceMixed-useNews

CBRE Arranges $57.6 Million in Refinancing for First Street Napa Mixed-Use Property in California

by Abby Cox

Napa, Calif. — CBRE has arranged $57.6 million in refinancing for First Street Napa, a Class A mixed-use property in downtown Napa. Brad Zampa and Andy Gross of CBRE secured the loan through Knighthead Funding on behalf of the borrower, Zapolski Real Estate. Located at 1300 First St., the property features 163,000 square feet of retail, dining, tasting rooms and office space across six buildings. First Street Napa is currently 88 percent leased to a variety of tenants, including Lululemon, Compass, Free People and Silicon Valley Bank, with new retail additions …

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Conejo Valley Plaza
CaliforniaFinanceGrocery-anchoredNews

Northmarq Arranges $35 Million in Financing for Conejo Valley Plaza in Metro Los Angeles

by Abby Cox

Thousand Oaks, Calif. — Northmarq has arranged a $35 million bridge loan for Conejo Valley Plaza, a 128,243-square-foot grocery-anchored retail center located in Thousand Oaks, roughly 38 miles west of Los Angeles. Northmarq secured the five-year bridge loan through New York Life on behalf of Gerrity. The transaction was structured with full-term interest-only payments. Built in 1983 and renovated in 2005, Conejo Valley Plaza spans 12.3 acres and is home to a mix of tenants including Ralphs, Toppers Pizza, Poke Land and Rise Southern Biscuits.

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Laynes Chicken Fingers
DevelopmentNewsRestaurantsTexas

Layne’s Chicken Fingers Enters 2026 with 40 Stores, Plans to Open 300 by 2030

by Abby Cox

Frisco, Texas — College Station, Texas-based Layne’s Chicken Fingers closed out 2025 with 40 restaurants and 10 new franchise owners in the system, with plans to open a total of 300 units by 2030. Layne’s growth included a 44-unit agreement, a 15-unit expansion by Wisconsin franchise owners and agreements signed by franchisees of other major brands like Wendy’s and Arby’s. Meanwhile, Layne’s posted a 50 percent year-over-year unit increase and a 67 percent increase in systemwide sales, with 2024 systemwide revenue reaching $30 million.

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tivoli-village
LeasingMixed-useNevadaNews

Vestar Signs Leases With Three New Tenants at Tivoli Village at Queensridge in Las Vegas

by Abby Cox

Las Vegas — Vestar has signed three new leases at Tivoli Village at Queensridge, a 1 million-square-foot mixed-use development located in the Queensridge neighborhood of Las Vegas. Design Within Reach and Saatva have already opened at the property, while Eichholtz is scheduled to open in spring 2026. The expansion brings roughly 20,000 square feet of luxury furniture and décor brands to the development. Tivoli Village’s longstanding furniture tenants include Restoration Hardware, The Shade Store, Hub Modern, Basner Fine Art, 7th Avenue, Bauteam Kitchen Tailors and Desert Valley Gallery.

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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.

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