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The-Village-at-Bridgewater-Commons
DevelopmentNew JerseyNews

Pacific Retail Unveils Plans for Renovation of 1.2 Million-Square-Foot Mall in Northern New Jersey

by Abby Cox

Bridgewater, N.J. — Pacific Retail Capital Partners (PRCP) has unveiled plans for the renovation of Bridgewater Commons, a 1.2 million-square-foot mall in the Northern New Jersey city of Bridgewater. The renovation will feature improvements to the food court, updates to lighting and interior landscaping, as well as fresh paint and bannisters throughout the center court, department store wings and mezzanine levels. PRCP acquired the property in 2023 and has spent the past two years revamping the tenant roster with the additions of retailers such as Alo Yoga, Fogo de Chão, …

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Fields West
LeasingMixed-useNewsTexas

Karahan Cos. Signs Leases with 10 New Tenants at Fields West in Frisco, Texas

by Abby Cox

Frisco, Texas — The Karahan Cos. has signed leases with 10 new tenants at Fields West, a 55-acre mixed-use development located within the 2,500-acre master-planned community of The Fields in Frisco. Retailers include Crate & Barrel, Culinary Dropout, Design Within Reach, Face Foundrie, Gorjana, Landry Kate, North Italia, Maman, TravisMathew and U MedSpa. Additional retailers such as Bloomies, Alo Yoga, Arhaus, Kendra Scott, Pottery Barn, Sephora and Williams Sonoma were previously confirmed at the property, which is now currently 70 percent preleased. Fields West secured a $425 million construction loan and …

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Fieldstone Marketplace
Investment salesMassachusettsNews

Private Investor Acquires 192,003-Square-Foot Shopping Center in New Bedford, Massachusetts, for $12.2 Million

by Abby Cox

New Bedford, Mass. — A private real estate investor has acquired Fieldstone Marketplace, a 192,003-square-foot shopping center located in New Bedford, for $12.2 million. Restaurant Depot and Ollie’s Bargain Outlet anchor the property, which was recently renovated. Other tenants at the center include Golden Star Chinese Restaurant, Dunkin’, Dollar Tree and Sally Beauty Supply, according to LoopNet Inc. Fieldstone Marketplace was originally built in 1988 on nearly 25 acres. Nat Heald, Connor Scott and Jordana Roet of CBRE’s National Retail Partners team procured the buyer and represented the seller in the …

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Lexington-Parkway-Plaza
Investment salesNewsNorth Carolina

Legacy Realty Group Closes Sale of 267,775-Square-Foot Shopping Center in Lexington, North Carolina

by Abby Cox

Lexington, N.C. — Legacy Realty Group Advisors has arranged the sale of Lexington Parkway Plaza, a 267,775-square-foot shopping center located in Lexington, approximately 20 miles south of Winston-Salem. Belk, Planet Fitness, Tractor Supply and Ollie’s Bargain Outlet anchor the property. Additional tenants include Dollar Tree, Gabe’s, Hibbett Sports, Cato Fashions, Wingstop, GNC and Jersey Mike’s. Jacob Baruch and Ari Warshaw of Legacy Realty Group represented the buyer in the off-market transaction. Will Whitley of New South Properties represented the seller.

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6315-S-Rainbow-Blvd-Las-Vegas-NV
Investment salesNevadaNews

Avison Young Negotiates $6.6 Million Sale of 18,000-Square-Foot Retail Building in Las Vegas

by Abby Cox

Las Vegas — Avison Young has facilitated the sale of an 18,000-square-foot retail property located in Las Vegas. A Las Vegas-based private trust sold the property to Syndicate MMA, a mixed martial arts gym and tenant since 2019, for $6.6 million. Syndicate MMA occupies 15,000 square feet of the building, with a salon and medical practice occupying the remaining space. Hillary Steinberg and Corina Towle of Avison Young represented the seller, while Kevin Jacobson of Iron Will LLC represented the buyer in the transaction.

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2701 E. Main St. in St.
IllinoisInvestment salesNews

Greenstone Partners Brokers $1.9 Million Sale of Two-Tenant Retail Property in Suburban Chicago

by Abby Cox

St. Charles, Ill. — Greenstone Partners has brokered the $1.9 million sale of 2701 E. Main St., a 4,083-square-foot retail property located in St. Charles, a western suburb of Chicago. The two-tenant building features a drive-thru and is occupied by Dunkin’ and Options Medical. Both tenants operate under net lease structures. Brewster Hague, AJ Patel and Tom Galvin of Greenstone Partners represented the seller, a private partnership, in the transaction. The buyer was a local investor.

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Investment salesNewsTexas

Woodmont Co. Arranges Sale of 9,929-Square-Foot Retail Center in Suburban Dallas

by Abby Cox

Wylie, Texas — The Woodmont Co. has arranged the sale of a 9,929-square-foot retail center located at 2030 N. State Highway 78 in Wylie, a northeastern suburb of Dallas. Built in 2024, the property was fully leased at the time of sale to a mix of tenants including The UPS Store and Hot Pancakes, as well as an urgent care and dentist office. Russel Wehsener of The Woodmont Co. represented the buyer in the transaction. George Tak of Jual Properties represented the seller.

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Denny's logo
Company newsInvestment salesNews

Denny’s Corp. to be Acquired for $620 Million

by Abby Cox

Spartanburg, S.C. and New York — Spartanburg, South Carolina-based Denny’s Corp., owner and operator of Denny’s Inc. and Keke’s Inc., has entered into a definitive agreement to be acquired by a group consisting of TriArtisan Capital Advisors LLC, Treville Capital Group and Yadav Enterprises Inc., in an all-cash transaction for $620 million. Upon completion of the transaction, Denny’s will become a privately held company and will no longer be listed on the Nasdaq. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions. Under the terms …

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food-lion-remodels
Company newsDevelopmentNews

Food Lion Invests $484 Million to Upgrade 153 Stores Across the Carolinas

by Abby Cox

Salisbury, N.C. — Food Lion is investing $484 million to enhance the customer shopping experience with 153 remodeled stores. The stores were unveiled on Nov. 5 throughout the greater Charlotte, North Carolina, market. Founded in Salisbury, North Carolina, in 1957, Food Lion operates more than 1,100 stores throughout 10 Southeastern and Mid-Atlantic states. The omnichannel grocery retailer also prioritizes fighting food insecurity, donating nearly 13 million pounds of food across the Charlotte region to area food banks since 2024.

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The Shoppes at River Forest
Investment salesNewsVirginia

Prudent Growth Partners Sells 30,070-Square-Foot Retail Center in Suburban Richmond for $8.9 Million

by Abby Cox

Chester, Va. — Chapel Hill, North Carolina-based Prudent Growth Partners has sold The Shoppes at River Forest, a 30,070-square-foot retail strip center located in Chester, a suburb of Richmond. The purchase price was $8.9 million. Originally constructed in 2007 on roughly 3.7 acres, the property was 95 percent leased at the time of sale to 12 tenants including GameStop, Sweet Frog, State Farm and the U.S. Marine Corps. Catharine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group represented the seller in the transaction.

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