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Fullerton-Court-Fullerton-CA
CaliforniaInvestment salesNews

Hanley Investment Group, Summit RE Arrange $12.7 Million Sale of Fullerton Court Retail Center in California

by Abby Cox

Fullerton, Calif. — Hanley Investment Group Real Estate Advisors and Summit RE have brokered the sale of Fullerton Court, a two-story retail center adjacent to Fullerton College in Fullerton. A Newport Beach, California-based private partnership sold the property to a Los Angeles-based, private 1031 exchange investor for $12.7 million. Sean Cox and Kevin Fryman of Hanley, in association with Scott Hook of Summit RE, represented the seller, while the buyer was self-represented in the deal. Located at 444 N. Harbor Blvd., Fullerton Court was originally built in 1982 and expanded in …

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Hope Mills Crossing
Investment salesNewsNorth Carolina

Atlantic Capital Partners Brokers $7 Million Sale of Shopping Center Near Fayetteville, North Carolina

by Abby Cox

Hope Mills, N.C. — Atlantic Capital Partners has brokered the $7 million sale of Hope Mills Crossing, a 53,204-square-foot shopping center located in Hope Mills, roughly five miles south of Fayetteville. David Hoppe, Eric Suffoletto, Jordan Gomez, Mike Lucier, Ben Olmstead and Kendra Doherty of Atlantic Capital represented the seller in the transaction. Renovated in 2025, Hope Mills Crossing is anchored by a newly delivered Planet Fitness. Additional tenants at the center include a mix of medical, financial, government and service-oriented retail businesses. The property was 95 percent leased at the …

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CFA-Miami
FloridaInvestment salesNews

SRS Real Estate Negotiates $8.9 Million Ground Lease Sale of Chick-fil-A Leased Restaurant in Miami

by Abby Cox

Miami — SRS Real Estate Partners has negotiated the $8.9 million ground lease sale of a restaurant property located at 18240 S. Dixie Highway in Miami. Chick-fil-A occupies the 5,399-square-foot property, which was built in 2024, on an absolute triple-net corporate-guaranteed lease with 13 years remaining on the initial term. Patrick Nutt and William Wamble of SRS represented the seller, a joint venture between Berkowitz Development Group and Landsea Development Group. The buyer was based out of New York.

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700-West-Big-Beaver-Road
FinanceInvestment salesMichiganNews

MMCC Arranges $25 Million Acquisition Loan for Retail Property in Troy, Michigan

by Abby Cox

Troy, Mich. — Marcus & Millichap Capital Corp. (MMCC) has arranged $25 million in financing for the acquisition of a 62,364-square-foot retail property in Troy. Todd Phillips of MMCC arranged the loan through a national bank. It features a seven-year term, 6.1 percent interest rate and 30-year amortization period. The property, located near I-75, is home to several national restaurants and retailers.

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hornell-plaza
Grocery-anchoredInvestment salesNew YorkNews

Cleeman Realty Brokers Sale of 453,350-Square-Foot Grocery-Anchored Portfolio in Upstate New York

by Abby Cox

Hornell and Geneseo, N.Y. — Cleeman Realty Group has brokered the sale of a 453,350-square-foot, grocery-anchored retail portfolio located in upstate New York. The portfolio includes Hornell Plaza, a 253,603-square-foot shopping center located in Hornell, and Genesee Valley Shopping Center, a 199,747-square-foot retail property in Geneseo. Hornell Plaza is dual-anchored by Wegmans Food Markets and Walmart, while Genesee Valley Shopping Center is anchored by Wegmans and features a complementary mix of retailers including Tractor Supply, T.J. Maxx, Harbor Freight Tools, Five Below and Dollar Tree. Wegmans has maintained a presence at …

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NoLi-Renderings
DevelopmentFloridaNews

Comras Co. Receives Approval to Advance Construction for Retail Micro-District in Miami Beach

by Abby Cox

Miami Beach, Fla. — Comras Co. has received approval from the city of Miami Beach to advance construction on the NoLi District, a 150,000-square-foot, pedestrian-focused retail and lifestyle micro-district under development on the north end of Lincoln Road in Miami Beach. Work is now underway on the next major phase of the district, with the partial demolition of 723 Lincoln Road to create Via NoLi — an 18-foot-wide pedestrian passage that will establish the first direct connection between Lincoln Road and Lincoln Lane, which will be renamed NoLi Lane. Via NoLi …

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Valley Central Shoppes
CaliforniaFinanceNews

Gantry Arranges $31 Million Loan to Refinance Retail Center in Lancaster, California

by Abby Cox

Lancaster, Calif. — Gantry has arranged a $31 million permanent loan to refinance the Valley Central Shoppes, a 174,000-square-foot inline retail center located in the Antelope Valley submarket of Lancaster. The property is a component of a larger master-planned power center. Following the property’s acquisition in late 2025, the borrower secured a new lease with Boot Barn to backfill vacant space, as well as renewal agreements with other tenants. Current retailers and restaurants at the property include Staples, Marshall’s, Five Below, Planet Fitness, Starbucks Coffee, Jersey Mike’s Subs, Black Angus Steakhouse, …

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Springdale Town Center
Investment salesNewsOhio

Cooper Commercial Negotiates $7 Million Sale of Springdale Town Center in Cincinnati

by Abby Cox

Cincinnati — Cooper Commercial Investment Group has negotiated the $7 million sale of Springdale Town Center, a 43,071-square-foot retail and medical center located in Cincinnati. Bob Havasi and Dan Cooper of the Cooper Commercial Investment Group represented the seller, an East Coast-based private investment group, in the transaction. A private New York group purchased the property for 99 percent of the asking price. Built in 2007, the center features 13 tenants including Waffle House, Republic Finance, Cincinnati Foot & Ankle Care, Marathon Healthy, Subway, Domino’s Pizza and Proscan Imaging, among …

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Crossroads at Terrell
Investment salesNewsPower centersTexas

YPI Acquires 260,000-Square-Foot Power Center in Metro Dallas

by Abby Cox

Terrell, Texas — Younger Partner Investments (YPI) and Terrell Younger LLC have acquired Crossroads at Terrell, a 260,876-square-foot power center located in Terrell, roughly 30 miles east of Dallas. Situated on 29 acres, Crossroads at Terrell was built between 2019 and 2024. The fully leased center features a mix of tenants including Academy Sports + Outdoors, Hobby Lobby, Marshalls, Bealls, Ross Dress for Less, Petco, Ulta Beauty, Five Below and Buffalo Wild Wings, among others. Kathy Permenter and Moody Younger of YPI represented the buyers. Philip Levy of Institutional Property Advisors (IPA) and Chris …

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Wolf Run Plaza
Investment salesNewsTennessee

Cushman & Wakefield | Commercial Advisors Brokers $11.1 Million Sale of 70,659-Square-Foot Retail Center in Metro Memphis, Tennessee

by Abby Cox

Bartlett, Tenn. — Cushman & Wakefield | Commercial Advisors has brokered the sale of Wolf Run Plaza, a 70,659-square-foot retail center located in Bartlett, approximately 15 miles northeast of downtown Memphis. The Memphis Business Journal reports the purchase price as $11.1 million. The property was 94 percent leased to nine tenants at the time of sale including Guitar Center, Gould’s Academy, TCBY and Pump It Up. Brian Califf of NAI Saig Co. represented the buyer, Gregory Realty GP, led by local investor Hulet Gregory. Landon Williams and Ryan Thomas of …

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