News

Brookside Marketplace
ArizonaConnecticutGeorgiaGrocery-anchoredIllinoisInvestment salesMissouriNew JerseyNewsNorth CarolinaSouth CarolinaVirginia

Pine Tree Acquires Sponsor Interest in 10-Property Retail Portfolio Valued at $644 Million

by Abby Cox

Chicago — Chicago-based Pine Tree, a national owner and operator of open-air shopping centers, has acquired a sponsor interest in a 10-property retail portfolio valued at $644 million. The interest was acquired from SITE Centers in partnership with an undisclosed, large international investor. Spanning nine states, the portfolio comprises 3.5 million square feet and features a mix of tenants such as Target, Sam’s Club, Publix, ALDI, Sprouts Farmers Market, Food Lion, The Fresh Market, Lowe’s, Dick’s Sporting Goods, Best Buy, Marshalls, HomeGoods and Ross Dress for Less, among others. The portfolio …

Continue Reading
0 FacebookTwitterLinkedinEmail
Rice Lake Square
Grocery-anchoredIllinoisInvestment salesNews

Mid-America Negotiates $52.8 Million Sale of 244,924-Square-Foot Grocery-Anchored Center in Metro Chicago

by Abby Cox

Wheaton, Ill. — Mid-America Real Estate Corp. has negotiated the $52.8 million sale of Rice Lake Square, a 244,924-square-foot neighborhood center located in Wheaton, approximately 25 miles west of downtown Chicago. Pete’s Fresh Market anchors the property, which features a mix of additional tenants such as PetSmart, Massage Envy, Pure Barre, Xfinity, Potbelly, 7Brew and Taco Bell, among others. Rick Drogosz, Joe Girardi and Patrick Corrigan of Mid-America represented the seller, Core Acquisitions, in the transaction. The property was acquired by Phillips Edison Co.

Continue Reading
0 FacebookTwitterLinkedinEmail
Canyon Ridge Plaza
Investment salesNewsWashington

Kimco Realty Acquires Canyon Ridge Plaza in Metro Seattle for $19 Million

by Abby Cox

Kent, Wash. — Kimco Realty has acquired Canyon Ridge Plaza, an 86,909-square-foot multi-tenant retail center in Kent, roughly 16 miles south of Seattle, for $19 million. Sean Tufts, Kevin Adatto, Joe Dugoni and Jack Hallberg of Northmarq brokered the transaction. Built at the intersection of 104th Ave. Southeast and Southeast 260th Street, Canyon Ridge Plaza is shadow-anchored by a corporate-owned Target, with a tenant roster that includes Ross Dress for Less, Old Navy, Petco, Bath & Body Works and Verizon Wireless. The property was 94 percent leased at the time of sale. …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceNew JerseyNews

JLL Arranges $14.1 Million Financing for Springfield Plaza Retail Center in Northern New Jersey

by Abby Cox

Springfield, N.J. — JLL Capital Markets has arranged $14.1 million in financing for the acquisition of Springfield Plaza, a 72,120-square-foot retail center located in Springfield, about 20 miles west of New York City. Max Custer, Gerard Quinn and Matthew McManus of JLL arranged the fixed-rate loan through a regional bank on behalf of the borrower, Adoni Property Group. Developed in 1980, Springfield Plaza was 97 percent leased at the time of sale to 17 national and regional tenants across food-and-beverage, education, government services, recreation and specialty retail uses. The 7-acre property …

Continue Reading
0 FacebookTwitterLinkedinEmail
Strong Station
AlabamaGrocery-anchoredInvestment salesNews

Northmarq Arranges $20 Million in Refinancing for Two Grocery-Anchored Retail Centers in Alabama

by Abby Cox

Madison and Hoover, Ala. — Northmarq has arranged a $20.1 million loan to refinance two retail centers in Alabama totaling 133,939 square feet: Strong Station in Madison and The Crossings at Hoover in Hoover. Randy Wolfe and Josh Darby of Northmarq arranged the floating-rate loan through a regional bank on behalf of the borrower, Livingston Properties. The first property, Strong Station, totals 95,940 square feet and is anchored by Sprouts Farmers Market. Other tenants at the center include Hobby Lobby and Another Broken Egg Café. Built in 2015, The Crossings at Hoover was …

Continue Reading
0 FacebookTwitterLinkedinEmail
Brewer Crossing
Investment salesNewsNorth Carolina

JLL Negotiates $9.6 Million Sale of Neighborhood Center in Winston-Salem, North Carolina

by Abby Cox

Winston-Salem, N.C. — JLL Capital Markets has negotiated the $9.6 million sale of Brewer Crossing, a 119,180-square-foot neighborhood center located in Winston-Salem. Tom Kolarczyk, Andrew Kahn and Ella Glover of JLL represented the seller, a partnership between the Rosen and Leverton families, in the transaction. Granite Canyon Partners was the buyer. Originally built in 1978 on a 15.34-acre site, Brewer Crossing was 98 percent leased at the time of sale. The property features a mix of tenants across the apparel, fitness, health, beauty and specialty retail sectors including Gabriel Brothers, Planet …

Continue Reading
0 FacebookTwitterLinkedinEmail
inwood-village
LeasingNewsTexas

Six New Tenants to Join Inwood Village in Dallas

by Abby Cox

Dallas — Six new tenants have joined Inwood Village, a 358,968-square-foot shopping center located in Dallas. Portland-based home furnishings brand Rejuvenation and lifestyle brand Ball and Buck have already opened at the center, while additions such as LAKE Pajamas and LiftHER will follow. Fashion brand BURU and New York-style steakhouse Charlie’s will debut in 2027. Additional tenants at Inwood Village, which opened in 1947, include Trader Joe’s, Ulta Beauty, PopUp Bagels, Jungle Studio Fitness, Inwood Theatre, Flower Child, Doughbird, Van Leeuwen Ice Cream, Hiatus Spa, The Lash Lounge and CVS Pharmacy.

Continue Reading
0 FacebookTwitterLinkedinEmail
Walnut-Square
GeorgiaGrocery-anchoredInvestment salesNews

Atlantic Capital Partners Negotiates $18.2 Million Sale of Grocery-Anchored Center in North Georgia

by Abby Cox

Dalton, Ga. — Atlantic Capital Partners has negotiated the $18.2 million sale of Walnut Square, a 127,391-square-foot shopping center located in Dalton, a city in north Georgia near the Tennessee border. Food City anchors the property, which was 99 percent leased at the time of sale. Additional tenants include Ross Dress for Less, Ulta Beauty, PetSmart, Bath & Body Works, AT&T, Kay Jewelers and Crumbl Cookies. Fred Victor, Sam Koonce, Teddy Driscoll and Matt Austin of Atlantic Capital represented the seller, an affiliate of Net Lease Alliance, in the transaction. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
The-Hills-Village-Center
Grocery-anchoredInvestment salesNew JerseyNews

Asana Partners Acquires 110,000-Square-Foot Grocery-Anchored Center in Bedminster, New Jersey

by Abby Cox

Bedminster, N.J. — Asana Partners has acquired The Hills Village Center, a 110,000-square-foot grocery-anchored center located in Bedminster, roughly 40 miles west of Manhattan. Jose Cruz, Kevin O’Hearn, J.B. Bruno and Cole Doyon of JLL represented the seller, Lena Centers, a Longpoint Partners subsidiary, in the transaction. The fully leased property features a mix of tenants including Kings Food Markets, CVS Pharmacy, Starbucks Coffee, PNC Bank and Peapack Gladstone Bank, as well as various dining establishments and service-oriented retailers.

Continue Reading
0 FacebookTwitterLinkedinEmail
AlabamaInvestment salesNews

Marcus & Millichap Brokers $2.8 Million Sale of Single-Tenant Retail Property in Northern Alabama

by Abby Cox

Hartselle, Ala. — Marcus & Millichap has brokered the $2.8 million sale of a single-tenant, net-leased retail property located in Hartselle, a city in northern Alabama. Starbucks Coffee occupies the 2,297-square-foot building, which was built in 2025 on 1.1 acres. Madison Harman and Damien Yoder of Marcus & Millichap represented the buyer, Henderson Realty Investors, a Kentucky-based limited liability partnership. The seller was WEScorp LLC. Eddie Greenhalgh was Marcus & Millichap’s broker of record in Alabama.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts