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The Shoppes at Chino Hills
CaliforniaGrocery-anchoredInvestment salesNews

Stockdale Capital Partners, Hamilton Lane Acquire Southern California Shopping Center for $157 Million

by Abby Cox

Chino Hills, Calif. — Stockdale Capital Partners and funds managed by Hamilton Lane have acquired The Shoppes at Chino Hills, a 378,140-square-foot open-air regional lifestyle center located in the Inland Empire city of Chino Hills. Originally developed in 2008, The Shoppes at Chino Hills is anchored by Trader Joe’s and Barnes & Noble. Other retailers and restaurants at the property include Old Navy, Sephora, Victoria’s Secret, Bath & Body Works, P.F. Chang’s, California Pizza Kitchen and Chipotle Mexican Grill, among others. Stockdale plans to rename the property The Shops at Chino …

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Village Crossing
FinanceGrocery-anchoredIllinoisNews

Draper and Kramer Arranges $99.5 Million Acquisition Financing for Retail Center in Metro Chicago

by Abby Cox

Skokie, Ill. — Draper and Kramer Inc. has arranged a $99.5 million loan on behalf of Fairbourne Properties for the acquisition of Village Crossing, a 724,400-square-foot retail center located in Skokie, approximately 15 miles northwest of downtown Chicago. Built in 1988, the grocery-anchored property is home to tenants including Jewel-Osco, AMC Theatres, Best Buy, PetSmart, Barnes & Noble, Ulta Beauty, Five Below and DICK’s Sporting Goods, among others. In addition to facilitating the acquisition, the loan will also fund tenant improvement and leasing commission costs at the property.

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westland-shopping-plaza
FinanceFloridaMixed-useNews

JLL Negotiates $17.3 Million Aquisition Financing for Westland Plaza in Metro Miami

by Abby Cox

Hialeah, Fla. — JLL has arranged $17.3 million in financing for the acquisition of Westland Plaza, a 110,000-square-foot mixed-use retail and storage center located in Hialeah, roughly 12 miles northwest of Miami. Michael DiCosimo, Joshua Odessky and Miguel Pedersen of JLL secured the two-year, floating-rate loan through Shelter Growth Capital Partners on behalf of the buyer, Volta Global. Westland Plaza was built in 1979 and renovated in 2008. The property comprises 50,000 square feet of retail space across three buildings, along with a 60,000-square-foot, three-story self-storage facility. Tenants include Office Depot, …

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GSQ
ArizonaLeasingMixed-useNews

Six New Tenants to Join Goodyear Civic Square Mixed-Use Development in Metro Phoenix

by Abby Cox

Goodyear, Ariz. — Red Development and Global Corp. have signed six new tenants at Goodyear Civic Square (GSQ), a 150-acre mixed-use development located in Goodyear, roughly 17 miles west of downtown Phoenix. The newest leases include Sephora (5,000 square feet), J.Crew Factory Outlet (5,0000 square feet), Lovesac (1,8000 square feet), Postino (4,500 square feet), Miel de Agave (3,989 square feet) and V’s Barber Shop (1,215 square feet). V’s Barber Shop is set to open next month, while all other tenants are expected to open in 2027. Three new restaurants are also …

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Chapman-Market
CaliforniaEntertainmentFinanceNews

Northmarq Arranges $29.3 Million in Refinancing for Dining, Entertainment Center in Los Angeles

by Abby Cox

Los Angeles — Northmarq has arranged a $29.3 million loan to refinance Chapman Market, a 41,241-square-foot dining and entertainment center located in Los Angeles’ Koreatown neighborhood. Originally opened in 1928, Chapman Market is home to a mix of tenants including Club HUE, Quarters Korean BBQ, Starbucks, Origin Korean BBQ, Shibuyala, Toebang Café, Escala Ktown, Danbi, Tiger Sugar Boba, BHC Chicken, Kazunori: The Original Handroll Bar and Uncle Tetsu. Joe Giordani, Alex Kane and Karl Weidell of Northmarq secured the loan through Voya Investment Management on behalf of the borrower, Arc Capital Partners.

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TheFoodFactory-OviedoNpark
EntertainmentFloridaInvestment salesNews

CrossMarc Capital Purchases 14,000-Square-Foot Open-Air Retail Venue in Oviedo, Florida, for $8.3 Million

by Abby Cox

Oviedo, Fla. — CrossMarc Capital LP has acquired The Food Factory at Oviedo on the Park, a 14,000-square-foot, open-air dining and entertainment venue in the northeast Orlando suburb of Oviedo, for $8.3 million. The acquisition includes the Food Factory building, as well as an adjacent parcel where CrossMarc plans to develop a 3,894-square-foot, multi-tenant retail building. Construction is expected to begin in November. Approximately 1,200 square feet has already been preleased to Kilwins, an American confectionary franchise. Winter Park, Florida-based Michael Collard Properties sourced the off-market transaction.

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State-Street
FloridaInvestment salesMixed-useNewsNorth Carolina

Cuadra Capital Acquires 250,000 Square Feet of Retail, Mixed-Use Developments in North Carolina, Florida

by Abby Cox

Charlotte, N.C. — Cuadra Capital, a Charlotte-based real estate investment and operating firm, has acquired multiple retail and mixed-use assets totaling 250,000 square feet across North Carolina and Florida. The North Carolina acquisitions include State Street Station in Greensboro, College Plaza in Winston-Salem and the Bottleworks District in Wilmington. The lone Florida acquisition was Park & King in Jacksonville. State Street Station is a 60,977-square-foot, eight-building neighborhood retail center that includes a mix of food-and-beverage, service, medical and wellness retail tenants. The firm also acquired four adjacent parcels from a local …

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CVS-Pharmacy
Investment salesNew YorkNews

CBRE Brokers Sale of Four-Property CVS Portfolio in Upstate New York

by Abby Cox

Binghamton, N.Y. — CBRE has brokered the sale of a four-property CVS Pharmacy portfolio totaling 40,500 square feet in the south-central New York cities of Binghamton, Owego and Endicott, located along the Pennsylvania border. The portfolio includes 163 Robinson Street and 249 Main Street in Binghamton; 39 Park Street in Owego; and 1008 Union Center Maine Highway in Endicott. The properties are fully leased to CVS Pharmacy under long-term, corporate-guaranteed leases. Karly Iacono of CBRE represented the seller, Feinberg Development Corp., in the transaction. An entity doing business as JMM Property …

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Haggard Hall - Exterior Rendering
DevelopmentMixed-useNewsTexas

Stillwater Capital Announces Progress on $750 Million Haggard Farm Mixed-Use Development in Plano, Texas

by Abby Cox

Plano, Texas — Dallas-based Stillwater Capital is making significant progress on Haggard Farm, a 142-acre mixed-use district located in the Dallas suburb of Plano. Construction began on the initial phase of the planned $750 million campus in December 2023. Stillwater Capital has surpassed $300 million in investment of Haggard Farm’s first phase, which will feature a 180,000-square-foot retail village, a 350-unit apartment community called The Bowen, 188 luxury townhomes, hike-and-bike trails and a 3-acre neighborhood park. The Haggard Farm project is transforming a site at the intersection of Spring Creek Parkway …

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Trinity Village Center
FloridaInvestment salesNews

Colterra Capital Sells Trinity Village Center in Metro Tampa, Florida, for $23 Million

by Abby Cox

Trinity, Fla. — Canadian-based real estate company Colterra Capital Corp. has sold Trinity Village Center, a 76,834-square-foot retail property located in Trinity, roughly 30 miles north of Tampa. According to the Tampa Bay Business Journal, Crow Holdings purchased the center for $23 million. Trinity Village Center, which features outparcels and a multi-tenant building, was 93 percent leased at the time of sale to tenants including Bonefish, Synovus Bank and Tampa General. Tommy Isola and Whitaker Leonhardt of Colliers represented Colterra Capital Corp. in the transaction.

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