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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. Landon Williams and Ryan Thomas of Cushman & Wakefield | Commercial Advisors represented the buyer, Gregory Realty GP, led by local investor Hulet Gregory. …

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FinanceKentuckyMixed-useNews

Newmark Arranges $104 Million Recapitalization of Fritz Farm in Lexington, Kentucky

by Abby Cox

Lexington, Ky. — Newmark has arranged the $104 million recapitalization of Fritz Farm, 52-acre lifestyle center under development in Lexington. Chris Kramer and Dan Axelson of Newmark secured the senior loan through funds managed by Blackstone, while Conor Lalor of Newmark represented Hendricks Commercial Properties (HCP), who purchased the property in 2025. The transaction adds Kimco Realty as a preferred equity investor in the property. Beloit, Wisconsin-based HCP is investing $14.1 million to expand the retail offerings at Fritz Farm, which will add more than 30,387 square feet of new shopping …

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CaliforniaCompany newsNews

Hanley Investment Group Acquires Visintainer Group’s Retail Investment Sales Division

by Abby Cox

Corona del Mar, Calif. — Hanley Investment Group Real Estate Advisors has acquired the retail investment sales division of Fresno, California-based Visintainer Group. Together, the teams have closed more than $665 million in the Central Valley since 2021. John Kourafas will join Hanley Investment Group as vice president of sales and Jamey Browning will join as transaction manager. Brett Visintainer, principal of Visintainer Group, will stay on as a strategic advisor to both teams, focused on clients and 1031 exchange buyers. At Visintainer Group, Kourafas was involved in more than $600 …

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Village-Center-at-Rose
CaliforniaGrocery-anchoredInvestment salesNews

CBRE Arranges $66.2 Million Sale of Grocery-Anchored Center in Metro Los Angeles

by Abby Cox

Placentia, Calif. — CBRE has arranged the $66.2 million sale of Village Center at Rose, a 118,876-square-foot shopping center located in Placentia, roughly 35 miles northeast of downtown Los Angeles. Jimmy Slusher, Mark Damiani, James Tyrrell and Shaya McClanahan of CBRE represented the seller, First Washington Realty, in the transaction. The buyer was Charlotte, North Carolina-based Barings. Built in 1996, Village Center at Rose is anchored by Ralphs, which has operated at the site since the center’s opening and occupies 37 percent of the gross leasable area. Additional tenants at the …

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ColoradoDevelopmentGrocery-anchoredNews

Evergreen, Schmer Family Break Ground on 29-Acre Grocery-Anchored Center in Loveland, Colorado

by Abby Cox

Loveland, Colo. — Evergreen Development and the Schmer family have broken ground on Schmer Farm Marketplace, a planned 29-acre retail center located in Loveland, roughly 45 miles north of Denver. Situated on the corner of Highway 34 and Rocky Mountain Avenue, a 122,000-square-foot King Soopers grocery store will anchor the property, which will bring expanded shopping and service-based businesses to the area. In addition to the anchor tenant, Evergreen has also signed leases with Chase Bank and Black Rock Coffee Bar. The Schmer family has partnered with Evergreen to transform …

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peninsula-town-center
LeasingNewsVirginia

Divaris Selected to Lease More than 220,000 Square Feet at Peninsula Town Center in Hampton, Virginia

by Abby Cox

Hampton, Va. — Divaris Real Estate has been selected to oversee retail leasing on behalf of Linville Team Partners for three buildings at Peninsula Town Center in the Hampton Roads area. The 227,424-square-foot leasing assignment — which will include buildings F, G and H — will focus on expanding the center’s dining options, introducing new-to-market retailers and attracting experiential entertainment, fitness, wellness and service-oriented businesses. The 1.1 million-square-foot open-air center opened in 2010 and features a mix of tenants including a fully remodeled Target, JCPenney, Barnes & Noble, H&M, PetSmart, Floor & …

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las-tiendas-village
Company newsGrocery-anchoredInvestment salesNew YorkNews

PSP Investments, Nuveen Launch $790 Million Grocery-Anchored Retail Joint Venture

by Abby Cox

Montréal and New York City — The Public Sector Pension Investment Board (PSP Investments), a pension fund investor based in Montreal, and Nuveen Real Estate, one of the largest investment managers in the world, have launched a joint venture with an initial investment of $790 million to acquire open-air shopping centers across the United States. To date, PSP and Nuveen have closed on 3 million square feet across 19 assets in Arizona, California, Colorado, Florida, Minnesota, Texas, Virginia and Washington.    The investment strategy is demographically driven, focusing on open-air shopping …

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Wilmore-Center-Wheat-Ridge-CO
ColoradoInvestment salesNews

CentrePoint Properties Negotiates Sale of 52,743-Square-Foot Mixed-Use Property in Metro Denver

by Abby Cox

Wheat Ridge, Colo. — CentrePoint Properties has negotiated the $14.5 million sale of Wilmore Center, a 52,743-square-foot mixed-use property located in Wheat Ridge, approximately five miles west of downtown Denver. Jon Hendrickson and Aaron Johnson of Cushman & Wakefield represented the seller in the transaction. The buyer was HCA HealthONE. Situated on 5 acres at 7615 W. 38th Ave., Wilmore Center comprises two single-story multi-tenant buildings offering mixed-use space and 236 parking spaces. At the time of sale, the property was 84 percent occupied by 15 tenants. The tenant mix includes …

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421-Alakawa-St-Honolulu
HawaiiInvestment salesNews

Benderson Expands to Hawaii, Acquires 130,000-Square-Foot Retail Property in Honolulu

by Abby Cox

Honolulu — Benderson Development has entered the Hawaiian market with the purchase of a retail property, currently occupied by The Home Depot, in Honolulu. Terms of the transaction were not released. Located at 421 Alakawa St., the property consists of a 130,000-square-foot building and an adjoining two-story parking structure with more than 600 stalls. Based in Sarasota, Florida, Benderson Development is a privately held, family-owned real estate company with more than 1,000 properties totaling over 58 million square feet across 41 states.

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