Stillwater, Okla. — Hanley Investment Group Real Estate Advisors has arranged the $22.5 million sale of Lakeview Pointe Shopping Center, a 207,406-square-foot power center located in Stillwater, approximately two miles north of Oklahoma State University. Best Buy, Ross Dress for Less, Belk, Five Below and Petco anchor the center, which was 95 percent leased at the time of sale. Additional tenants include IBC Bank, Olive Garden, Texas Roadhouse, Lowe’s Home Improvement, Panda Express and Rack Room Shoes. Roughly 78 percent of Lakeview Pointe’s tenants have operated at the site for more …
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PSRS Negotiates $9.4 Million in Refinancing for Retail Center in Rancho Cucamonga, California
Rancho Cucamonga, Calif. — PSRS has negotiated a $9.4 million loan for the refinancing of a 25,008-square-foot neighborhood center in Rancho Cucamonga. Constructed in 2004, the retail property is fully occupied by 14 tenants. Jonny Soleimani, George Gianoukakis and Garrett Carter of PSRS secured the non-recourse loan, which features a five-year term and a 27-year amortization schedule, through one of its correspondent life insurance companies.
Nevada — Chicken Salad Chick has signed a franchise agreement to open six new restaurants in Southern Nevada, marking the brand’s first entry into the state. Husband and wife Mark and Cayla Rubalcaba will own and operate the restaurants, while Anton Nikodemus will serve as a strategic partner in the development efforts. In addition to Nevada, Chicken Salad Chick has recently opened its development pipeline to other states such as New Jersey, New York, Utah and Arizona. In 2025, Chicken Salad Chick signed nearly 100 restaurant deals, with 42 openings …
Texas and Birmingham, Ala. — Huey Magoo’s has signed a development agreement to open 12 new restaurants in Texas and Alabama. The deal includes four locations in Birmingham and eight across North Dallas. The Jha Rajput Patel group will own and operate the restaurants. Founded in 2004, Huey Magoo’s has more than 85 locations across 12 states and is on track to reach 100 locations in 2026.
San Diego — San Diego-based Mike’s Red Tacos is planning to open more than 200 new locations across the country. A team of restaurant industry leaders, along with the original Mike’s Red Tacos founder Mike Touma, have secured development agreements with franchisees from Dave’s Hot Chicken, Jersey Mike’s, Blaze Pizza, Dunkin’, Little Caesars, Carl’s Jr. and Wetzel’s Pretzels. Company president and restaurant industry executive Vincent Montanelli is leading the expansion, while Bill Phelps and Andrew Feghali will support the concepts as early-stage investors and advisors. The 200-plus locations now in …
Pyramid Management Receives Financing to Maintain Ownership of Walden Galleria Mall in Buffalo, New York
Buffalo, N.Y. — Syracuse, New York-based Pyramid Management Group has received financing for Walden Galleria Mall, a 1.6 million-square-foot shopping center located in the Buffalo suburb of Cheektowaga. The new five-year loan, which replaces the property’s existing debt, was put in place in partnerships with lenders that include global asset manager Cross Ocean Partners and impact investment firm Second Horizon Capital. UBS served as financial advisor on behalf of Pyramid. In 2025, Pyramid defaulted on a roughly $220 million loan for the mall, in which Wells Fargo Bank filed a …
Legacy Realty Group Arranges Sale of Whistle Stop Square Near Rockingham, North Carolina
Hamlet, N.C. — Legacy Realty Group Advisors has arranged the sale of Whistle Stop Square, a 40,120-square-foot, grocery-anchored shopping center located in Hamlet, roughly six miles southeast of the Rockingham. Tenants at the center include Food Lion, Mr. Furniture Outlet, K&D Nails, King Gourmet and Mo’s Tobacco & Vapor, according to Showcase. Jacob Baruch and Jonah Warshaw of Legacy Realty Group Advisors represented the buyer, while David Zipparo of Avison Young represented the seller in the off-market transaction.
Atlanta — Commercial real estate firm CP Group has announced plans to reopen the 1.2 million-square-foot former CNN Center in downtown Atlanta this year. CP Group has repositioned the property as The Center (CTR), which is projected to open in May. The firm acquired the building from AT&T in 2021 and first announced the rebranding in 2024. CNN began moving back to its Turner Techwood campus in Midtown Atlanta in 2023. Changes at the development include a new, 12-concept dining space, dubbed CTR Food Works. Situated in the central atrium, …
Texas — International coffee concept Black Sheep Coffee has signed a franchise agreement to develop 20 new units across the Dallas-Fort Worth (DFW) metroplex. The agreement will bring 20 additional locations to the DFW region over the next five years, with planned sites across Richland Hills, Bedford, Garland, Rowlett, Mobile City, Sunnyvale, Richardson and Sachse. The expansion builds on Black Sheep Coffee’s footprint in North Texas, where the brand currently operates cafés along Preston Road and East Mockingbird Lane, as well as the Grapevine area. Founded in 2013 by college roommates …
Indian Trail, N.C. — CenterSquare has acquired Shoppes at Indian Trail, a 33,129-square-foot retail property located in Indian Trail, approximately 15 miles southeast of Charlotte. The center was fully leased at the time of sale to 15 tenants including The UPS Store, Tropical Smoothie Café, Firehouse Subs and Sports Clips. This transaction marks CenterSquare’s ninth acquisition in North Carolina.