News

8805-Centreville-Rd-Manassas
Grocery-anchoredInvestment salesNewsVirginia

Marcus & Millichap Brokers $10.2 Million Sale of H-Mart-Anchored Shopping Center in Northern Virginia

by Abby Cox

Manassas, Va. — Marcus & Millichap has brokered the $10.2 million sale of a 67,022-square-foot shopping center located in Manassas, roughly 31 miles southwest of Washington, D.C. H Mart anchors the center, which was built in 1981. Other tenants at the property, which was fully leased at the time of sale, include Starbucks Coffee, Domino’s Pizza and Wingstop, as well as several local retailers. Dean Zang and David Crotts of Marcus & Millichap marketed the property on behalf of the seller, a private individual based in the local area, and procured …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentFloridaIndianaKentuckyNewsRetailers

BJ’s Wholesale to Open New Locations in Three States

by Abby Cox

Marlborough, Mass. — BJ’s Wholesale Club is set to open new locations in Kentucky, Florida and Indiana. The new clubs are part of the Marlborough, Massachusetts-based company’s ongoing strategy to open 25-30 new clubs every two years. The new clubs will be in: • Frankfort, Kentucky • Ocala, Florida • Lecanto, Florida • Port St. Lucie, Florida • Portage, Indiana With the announcement of these locations, BJ’s plans to open a total of 12 new clubs in the 2026 fiscal year, inclusive of BJ’s recent launch in Texas with four …

Continue Reading
0 FacebookTwitterLinkedinEmail
desert-sky-plaza-II
CaliforniaLeasingNews

NewMark Merrill Signs Leases with 11 New Tenants at Desert Sky Plaza II in Victorville, California

by Abby Cox

Victorville, Calif. — NewMark Merrill Cos. has signed leases with 11 new tenants at Desert Sky Plaza II, a planned 30-acre shopping center located in Victorville, approximately 35 miles north of San Bernardino.  The project is nearly 85 percent preleased to tenants including Ross Dress for Less (25,000 square feet); 7-Eleven; Quick Quack Car Wash (3,600 square feet); Better Buzz Coffee Roasters (1,750 square feet); Luna Grill (2,100 square feet); 85°C Bakery Café (3,555 square feet); Ono Hawaiian BBQ (2,000 square feet); Country Kitchen (3,250 square feet); Yogurtland (1,200 square feet); …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company newsNew YorkNews

CREATE Architecture Appoints First Senior Associate, Chief Technical Director

by Abby Cox

New York City — New York City-based CREATE Architecture Planning & Design has appointed Shawn Lang as the company’s first senior associate and chief technical director. During his 12-year tenure with the firm as an architect and project leader, the company expressed that Lang has “embodied CREATE’s core values such as service, quality and attention.” Lang will spearhead the firm’s expansion throughout New England. “Shawn has earned the trust of our clients and our team through his consistency, technical strength and steady leadership,” says Frankie Campione, principal and founder of CREATE. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Vintage-Marketplace
Grocery-anchoredInvestment salesNewsTexas

Brixmor Property Group Acquires 72,184-Square-Foot Grocery-Anchored Shopping Center in Houston

by Abby Cox

Houston — Brixmor Property Group has acquired Vintage Marketplace, a 72,184-square-foot shopping center located in Houston, roughly 26 miles northwest of downtown. Ryan West, Chris Gerard and Erin Lazarus of JLL represented the seller in the transaction. Whole Foods Market anchors Vintage Marketplace, which was 94.4 percent occupied at the time of sale. Additional tenants at the property include Torchy’s Tacos, Orangetheory Fitness, Mod Pizza, Jersey Mike’s Subs and Nothing Bundt Cakes, among other service-oriented retailers.

Continue Reading
0 FacebookTwitterLinkedinEmail
Super-Star-Car-Wash-Tucson-AZ
ArizonaInvestment salesNews

Marcus & Millichap Brokers $9.7 Million Sale-Leasebacks of Two Car Wash Properties in Arizona

by Abby Cox

Tucson and Glendale, Ariz. — Marcus & Millichap has negotiated the sales of two single-tenant Super Star Car Wash properties in Tucson and Glendale for a combined $9.7 million. Super Star Car Wash sold the assets to two separate buyers. The Tucson property, located at 8690 E. Golf Links Road, sold for $4.7 million. Built in 2024, the 4,226-square-foot car wash sits on approximately 1.2 acres. The Glendale property, located at 5131 W. Olive Ave., sold for $5 million. Completed in 2025, the 4,620-square-foot asset occupies approximately 1.1 acres. Founded in …

Continue Reading
0 FacebookTwitterLinkedinEmail
Eastview-Commons-Terre-Haute
IndianaInvestment salesNews

Hanley Investment Group Arranges $5.3 Million Sale of Western Indiana Retail Center

by Abby Cox

Terre Haute, Ind. — Hanley Investment Group Real Estate Advisors has arranged the $5.3 million sale of Eastview Commons, a newly constructed, 9,140-square-foot retail property in Terre Haute, about five miles east of the Illinois border. Dylan Mallory of Hanley, in association with ParaSell Inc., represented the seller, Terre Haute-based Gibson Development. The buyer was a private investor based in Pennsylvania. Built in 2025, Eastview Commons is fully occupied and anchored by Chipotle. Additional tenants include Azzip Pizza, Route 46 Liquors and Nailvana. The four-tenant retail property is positioned as …

Continue Reading
0 FacebookTwitterLinkedinEmail
Tomball_Merchantile_Rendering
Investment salesNewsTexas

Partnership to Develop 15,225-Square-Foot Tomball Mercantile Retail Center in Metro Houston

by Abby Cox

Tomball, Texas — A partnership between Baker Katz and Fox & Graham is developing Tomball Mercantile, a 15,225-square-foot retail center located in Tomball, approximately 30 miles northwest of downtown Houston. Construction is expected to begin this summer. Confirmed tenants at Tomball Mercantile, which is already 80 percent preleased, include Tex-Mex concept La Viva Cantina and Jason’s Deli. The center will be situated at the entrance of the 150-acre Tomball Medical Complex.

Continue Reading
0 FacebookTwitterLinkedinEmail
AlabamaInvestment salesKentuckyMichiganNewsNorth CarolinaTennesseeVirginia

ARCTRUST Purchases Seven-Property Net Lease Portfolio in Six States

by Abby Cox

New York — ARCTRUST Private Capital, the capital markets division of the ARCTRUST Group of Cos., has acquired a seven-property, single-tenant net lease portfolio in six states including North Carolina, Alabama, Kentucky, Michigan, Tennessee and Virginia. The portfolio, which spans approximately 51,192 square feet, comprises two Pinnacle Bank locations, three CVS Pharmacy locations and two NAPA Auto Parts. The portfolio features a 13.6 weighted average lease term, with contractual rent increases and renewal options across all properties. Each property operates on an absolute triple-net lease basis. The two Pinnacle Bank …

Continue Reading
0 FacebookTwitterLinkedinEmail
The-Beacon
CaliforniaInvestment salesNews

JLL Arranges $91.3 Million Sale of 122,167-Square-Foot Neighborhood Center in Southern California

by Abby Cox

Carlsbad, Calif. — JLL Capital Markets has arranged the $91.3 million sale of The Beacon, a 122,167-square-foot neighborhood center located in Carlsbad, roughly 35 miles north of San Diego. The Beacon, which comprises 15.2 acres, was originally built in 1982 and renovated from 2020 to 2023. Luxury fitness brand Equinox anchors the center, which features a mix of additional tenants such as Arhaus, Sweetgreen, Shake Shack, Jeni’s Ice Cream, Pitfire Pizza and Lofty Coffee Co. Geoff Tranchina, Gleb Lvovich and Daniel Tyner of JLL represented the seller, Asana Partners. The buyer was …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts