News

Pizza-Hut
Investment salesKentuckyNewsRestaurants

Yum Brands Agrees to Sell Pizza Hut in Two Separate Transactions Totaling $2.7 Billion

by Abby Cox

Louisville, Ky. — Yum! Brands Inc., the Louisville-based operator of the Pizza Hut, Taco Bell and KFC franchises, has entered into an agreement to sell the Pizza Hut chain across two separate transactions with a combined value of $2.7 billion. LongRange Capital, a private equity firm based in Stamford, Conn., has agreed to purchase Pizza Hut outside of mainland China for approximately $1.5 billion. The company is financing its acquisition using funds from UBS Investment Bank. Yum China Holdings Inc., which is based in Shanghai and was spun off from …

Continue Reading
0 FacebookTwitterLinkedinEmail
Heritage-Station
FloridaInvestment salesNews

SRS Real Estate Arranges $10.9 Million Sale of Heritage Station in Southwest Florida

by Abby Cox

Bradenton, Fla. — SRS Real Estate Partners has arranged the $10.9 million sale of Heritage Station, a 13,538-square-foot retail center located in Bradenton. Spanning nearly 3 acres across two buildings, the newly constructed property was fully leased at the time of sale to tenants including Aspen Dental, Chipotle Mexican Grill, Five Guys, Einstein Bros. Bagels and America’s Best Contacts & Eyeglasses. Heritage Station sits adjacent to Marketplace at Heritage Harbour, a 500,000-square-foot shopping center. William Wamble and Patrick Nutt of SRS represented the seller and developer of the property, a joint …

Continue Reading
0 FacebookTwitterLinkedinEmail
Cedar-Springs
Investment salesMichiganNews

Marcus & Millichap Brokers Sale of 15,879-Square-Foot Retail Strip Center in Metro Grand Rapids, Michigan

by Abby Cox

Cedar Springs, Mich. — Marcus & Millichap has brokered the sale of Cedar Springs Retail Center, a 15,879-square-foot retail strip center located in Cedar Springs, approximately 20 miles north of downtown Grand Rapids. Darin Gross, Ashish Vakhariya and Seth Haron of Marcus & Millichap marketed the property on behalf of the seller, a private group based in West Michigan. Built in 2004, Cedar Springs Retail Center features a mix of restaurant and service-oriented tenants including Subway, Little Caesars Pizza and Great Clips.

Continue Reading
0 FacebookTwitterLinkedinEmail
The-Shops-Of-Dunwoody
GeorgiaLeasingNews

JLL Signs Four New Leases at The Shops of Dunwoody in Metro Atlanta

by Abby Cox

Dunwoody, Ga. — JLL has signed leases with four new tenants at The Shops at Dunwoody, a 95,287-square-foot retail center located in Dunwoody, a suburb of Atlanta. Totaling 8,600 square feet, the new tenants include Beyond Juicery + Eatery, JETSET Pilates, Tenkku Sushi and SWEAT440. All tenants are expected to open throughout the summer and fall of 2026. Additional deals are currently under negotiation and are expected to be announced later this summer.  Charlotte-based Asana Partners acquired the shopping center in March 2025 for $27.5 million and has since refreshed the …

Continue Reading
0 FacebookTwitterLinkedinEmail
PJs-Coffee-non-trad
DevelopmentKentuckyNewsRestaurants

PJ’s Coffee Signs Seven-Unit C-Store Agreement in Kentucky

by Abby Cox

Lexington, Ky. — PJ’s Coffee of New Orleans has signed a seven-unit license agreement with Steve Estepp, founder of Estepp Energy and Coffee Dudes LLC, to expand the New Orleans coffee brand throughout convenience stores in Central Kentucky. The company operates more than 13 convenience stores across Kentucky and is expanding its portfolio with complementary brands including Freddy’s Frozen Custard & Steakburgers, Little Caesars and now PJ’s Coffee. Alongside the company’s operating partner, Brendon Farrar, the group plans to introduce PJ’s Coffee to its stores through a combination of full cafés …

Continue Reading
0 FacebookTwitterLinkedinEmail
Seguin-Exchange
DevelopmentMixed-useNewsTexas

NewQuest Begins Work on 544-Acre Mixed-Use Development Near San Antonio

by Abby Cox

Seguin, Texas — Houston-based developer NewQuest has begun work on Seguin Exchange, a 544-acre mixed-use development that will be located on the northeastern outskirts of San Antonio. NewQuest first acquired the land in 2007 and is now underway on infrastructural work. Plans for Seguin Exchange currently call for approximately 2 million square feet of industrial space and 750,000 square feet of retail, restaurant and entertainment space that will be housed within a single shopping center. Seguin Exchange is also planned to feature medical, multifamily and hospitality uses. Within the development’s …

Continue Reading
0 FacebookTwitterLinkedinEmail
Tri-City-Plaza_ShopRite
ConnecticutGrocery-anchoredInvestment salesNews

CBRE Arranges $62.5 Million Sale of ShopRite-Anchored Center in Suburban Hartford, Connecticut

by Abby Cox

Vernon, Conn. — CBRE has arranged the $62.5 million sale of Tri City Plaza, a 295,817-square-foot shopping center located in Vernon, a northeastern suburb of Hartford. ShopRite anchors the center, which was 96 percent leased at the time of sale. Other tenants include T.J. Maxx, HomeGoods, HomeSense and Hartford Healthcare. Jeffrey Dunne, David Gavin and Travis Langer of CBRE represented the sellers, DLC and Acadia Realty Trust, and procured the buyer, East Coast Acquisitions, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Burlington-Coat-Factory
CaliforniaInvestment salesNews

Marcus & Millichap Brokers $11.2 Million Sale of Single-Tenant Retail Property in Los Angeles

by Abby Cox

Los Angeles — Marcus & Millichap has brokered the $11.2 million sale of a single-tenant retail property located in the Sherman Oaks neighborhood of Los Angeles. A locally owned and operated Burlington Coat Factory occupies the 24,890-square-foot building, which was built in 1999. Lior Regenstreif of Marcus & Millichap procured the buyer, a local private investor, in the transaction. SRS Real Estate Partners represented the seller. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Hallcrest-Plaza
Investment salesNewsTennessee

Katz & Associates Arranges $8.7 Million Purchase of Hallcrest Plaza in Metro Nashville, Tennessee

by Abby Cox

Dickson, Tenn. — Katz & Associates has arranged the $8.7 million purchase of Hallcrest Plaza, a 54,000-square-foot shopping center located in Dickson, roughly 35 miles west of Nashville. Hallcrest Plaza is anchored by Ulta Beauty, pOpshelf and Office Depot. Holly Buchanan of Katz & Associates represented the buyer, an entity doing business as 413 Dickson LLC. Ty Hasty of Great South Real Estate & Development represented the seller, Pebble Holdings II, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
bentley-coe-plaza
Investment salesNewsOhio

Cooper Commercial Negotiates $4.2 Million Sale of 36,966-Square-Foot Retail Center Near Cleveland, Ohio

by Abby Cox

North Olmsted, Ohio — Cooper Commercial Investment Group has negotiated the $4.2 million sale of Bentley Coe Plaza, a 36,966-square-foot, multi-tenant retail center located in North Olmstead, approximately 15 miles southwest of downtown Cleveland. Dan Cooper of Cooper Commercial represented the seller in the transaction. Bentley Coe Plaza, which was fully leased at the time of sale, features a mix of national and regional tenants including Cricket Wireless, Subway, Danny Boy’s Pizza, Fast Signs and A Child’s View. Recent renovations at the center include new storefronts and exteriors.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts