News

Sprouts-HQ-Phoenix-AZ
ArizonaDevelopmentGrocery-anchoredMixed-useNews

Trammell Crow Co. Completes 181,000-Square-Foot Mixed-Use Project in Phoenix

by Abby Cox

Phoenix — Trammell Crow Co. has completed the development of an 8-acre, 181,000-square-foot mixed-used development in Phoenix. Project partners include U.S. Realty Advisors, RSP Architects, Wespac Construction, Keyser and JLL. The development features a 145,000-square-foot office building serving as Sprouts Farmers Market’s corporate headquarters, a 25,000-square-foot flagship Sprouts grocery store and approximately 11,000 square feet of retail space. The grocery store opened to the public on July 24, and the headquarters office building is complete and ready for occupancy. Located within the CityNorth development near 56th Street and Loop 101, the …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceGeorgiaGrocery-anchoredNews

Cushman & Wakefield Arranges $72 Million in Financing for Two Shopping Centers in Metro Atlanta

by Abby Cox

Sandy Springs, Ga. — Cushman & Wakefield has arranged a $72 million loan on behalf of Jamestown for the refinancing of two adjacent retail centers located in the Atlanta suburb of Sandy Springs. Totaling more than 340,000 square feet, the properties include Parkside Shops (158,400 square feet) and Hammond Exchange (176,000 square feet). A 49,506-square-foot Whole Foods Market anchors the centers, which share a footprint of about 25 acres. Additional tenants include Marshalls, HomeGoods, Petco and The Springs Cinema & Taphouse. John Alascio, Alex Hernandez, Alex Lapidus, Mitch Rothstein, Nick Scibelli …

Continue Reading
0 FacebookTwitterLinkedinEmail
dollar-store-cincinnati
Investment salesNewsOhio

Cooper Group Arranges Sale of 27,299-Square-Foot Retail Property in Cincinnati 

by Abby Cox

Cincinnati — The Cooper Commercial Investment Group has arranged the sale of Spring Hill Center, a 27,299-square-foot multi-tenant retail property located in Cincinnati. Dan Cooper of Cooper Commercial represented the seller, an Ohio-based investment group, in the transaction. The buyer was a New York-based investor. The deal closed at an 8 percent cap rate. Spring Hill Center is anchored by Dollar General. 

Continue Reading
0 FacebookTwitterLinkedinEmail
oak-hill-plaza
Investment salesNewsTexas

Partners Capital Sells 115,512-Square-Foot Retail Property in Austin, Texas

by Abby Cox

Austin, Texas — Partners Capital has sold Oak Hill Plaza, a 115,512-square-foot retail property located in Austin. Kyle Minter, James Sharpe V and Cole Frantz of Newmark brokered the disposition. The transaction marks the third property sale completed by Partners Capital’s Opportunity Fund IV investment vehicle, following the sales of Murphy Southwest Business Center in December 2025 and 10849 and 10899 Kinghurst Drive in July 2024. Partners Capital originally acquired Oak Hill Plaza in August 2021. The center was 92.5 percent leased at the time of sale by tenants including The …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentFinanceNewsOhio

Associated Bank Provides $9 Million Loan for 12-Acre Retail Development Near Columbus, Ohio 

by Abby Cox

Delaware, Ohio — Associated Bank has provided a $9 million loan to GTZ Properties for the development of Trailhead Crossing, a 12-acre retail property located at 1335-1131 U.S. Route 36 in Delaware, a northern suburb of Columbus. The project consists of three buildings occupied by Chick-fil-A, Chipotle Mexican Grill and Take 5 Oil Change. A second, three-tenant strip center will be occupied by Dunkin’, Nothing Bundt Cakes and Pacific Dental Services. The project also contains two pad-ready sites, one of which is a pending sale to a national daycare company. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Applebees
ArizonaInvestment salesNews

Marcus & Millichap Arranges $3.5 Million Sale of Single-Tenant Restaurant Property in Metro Phoenix

by Abby Cox

Surprise, Ariz. — Marcus & Millichap has arranged the $3.5 million sale of a single-tenant restaurant property in Surprise, roughly 30 miles northwest of Phoenix. Applebee’s occupies the 5,103-square-foot property. Chris Lind, Mark Ruble and Zack House of Marcus & Millichap represented the seller, a Delaware-based limited liability company, and procured the buyer, a California-based limited liability company, in the all-cash transaction. The buyer plans to hold the property as a long-term investment.

Continue Reading
0 FacebookTwitterLinkedinEmail
Midtown-Village
AlabamaInvestment salesNews

JLL Income Property Trust Acquires Shopping Center in Tuscaloosa, Alabama for $94 Million

by Abby Cox

Tuscaloosa, Ala. — Chicago-based JLL Income Property Trust has acquired Midtown Village, a 345,000-square-foot shopping center located near the University of Alabama campus in Tuscaloosa, for $94 million. The seller requested anonymity. Built in 2007, Midtown Village consists of eight single-story buildings across a 30-acre site. The open-air center features a mix of retailers such as Barnes & Noble, Ulta Beauty, Old Navy, Best Buy, lululemon, American Eagle & Aerie, Fab’rik, Kay Jewelers, South Boutique, Loft, Tuscaloosa Nail & Spa and GameStop. Restaurants include Panera Bread, Blaze Pizza, Metro Diner and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Gateway-Plaza
Investment salesNewsTexas

Palomar Group Arranges Sale of 179,327-Square-Foot Retail Center in San Antonio

by Abby Cox

San Antonio — The Palomar Group has arranged the sale of Gateway Plaza, a 179,327-square-foot retail center located in San Antonio. The Criterion Fund purchased Gateway Plaza for $16.7 million. The seller was a private investor. Ollie’s, dd’s DISCOUNTS, Dollar Tree and DG Market anchor the property, which was 90 percent leased at the time of sale. Built in 1988 and renovated in 2024, capital improvements at the center have included an updated façade, parking lot resurfacing and general site upgrades.

Continue Reading
0 FacebookTwitterLinkedinEmail
franklin-crossroads-park-retail
DevelopmentMixed-useNewsPennsylvania

IRG, PREP Funds Open 100,000-Square-Foot Retail Phase at Franklin Crossroads Park in Suburban Pittsburgh

by Abby Cox

North Franklin Township, Pa. — A partnership between Los Angeles-based Industrial Realty Group (IRG) and Cleveland-based PREP Funds has opened its 100,000-square-foot retail phase at Franklin Crossroads Park, located roughly 30 miles south of Pittsburgh. Previously known as Washington Crown Center, the adaptive-reuse project will transform the former indoor mall into a multi-tenant commercial and business mixed-use destination. The renovated retail segment is currently 98 percent leased to a mix of tenants including Ollie’s Bargain Outlet, Dollar Tree, Rural King, MAC.BID, The Toffee House, Haven Cheer & Gymnastics, Nail Trix, Bacon …

Continue Reading
0 FacebookTwitterLinkedinEmail
Doral Marketplace
FloridaGrocery-anchoredInvestment salesNews

Cushman & Wakefield Negotiates $83 Million Sale of Whole Foods-Anchored Center in Doral, Florida

by Abby Cox

Doral, Fla. — Cushman & Wakefield has negotiated the sale of Doral Marketplace, an 83,365-square-foot, newly constructed retail center located in Doral, a western suburb of Miami. According to multiple sources, the property sold for $83 million. Whole Foods Market anchors the property, which was fully leased at the time of sale. Other tenants include Ulta Beauty, Shake Shack, J. Crew and Warby Parker. Mark Gilbert, Adam Feinstein, and Mitchell Halpern of Cushman & Wakefield represented the seller, SJC Ventures, in the transaction. The buyer is a high-net-worth family office …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts