JLL Arranges $27.9 Million in Financing for Grocery-Anchored Shopping Center in Bristol, Connecticut
JLL Capital Markets arranged a $27.9 million, five‑year fixed‑rate loan for Bristol Plaza, a 263,829‑square‑foot shopping center in Bristol, Connecticut. The financing was secured through Voya on behalf of Sterling Organization. Bristol Plaza is 93 percent leased and anchored by T.J. Maxx and Stop & Shop, with additional tenants such as Burlington, Dollar Tree, Five Below, Webster Bank and Starbucks. The deal underscores continued lender confidence in well‑located, grocery‑anchored retail assets.
CBRE Brokers $6.2 Million Sale of Harbor Central Retail Center in West Sacramento
CBRE brokered the $6.2 million sale of Harbor Central, a 22,198‑square‑foot neighborhood retail center in West Sacramento. The property, built in 1992 on a 1.7‑acre site at 805‑831 Harbor Blvd., was purchased by a subsidiary of CJ Park & Associates from Harbor Corners LLC. CBRE...
JLL Negotiates Sale of Whole Foods Market-Anchored Shopping Center in Metro Atlanta
JLL Capital Markets has negotiated the sale of Peachtree Station, a 106,388‑square‑foot shopping center in Chamblee, Georgia, anchored by a 45,136‑square‑foot Whole Foods Market. The seller, Harrison Street Asset Management, is transferring the fully leased property to Boston‑based TA Realty....
Centennial CEO Steven Levin Retires, President Promoted as Successor
Steven Levin, founder and longtime CEO of Dallas‑based Centennial Real Estate, will retire on June 30 after nearly three decades at the helm. President Paul Kurzawa has been appointed as his successor, assuming leadership on July 1. Levin will remain...
Zelco Properties, Grossman Acquire 175,000-Square-Foot Ansonia Shopping Center in Southwest Connecticut for $8.4 Million
Zelco Properties and The Grossman Co. have formed a joint venture to acquire the 175,000‑sq‑ft Ansonia Shopping Center in New Haven County, Connecticut, for $8.4 million. The buyers plan a repositioning that adds daily‑needs anchors, upgrades roofs, exteriors, HVAC and parking,...
Walker & Dunlop Arranges $130 Million in Financing for Mixed-Use Redevelopment of Former VA Hospital in Denver
Walker & Dunlop arranged a $130 million HUD 221(d)(4) construction‑to‑permanent loan—the largest in its history—to finance the mixed‑use redevelopment of a former VA hospital in Denver. The project, led by GM Development, will convert the 10‑story building and parking garage into...
Marcus & Millichap Negotiates Sale of 48,822-Square-Foot Retail Center in Metro Dallas
Marcus & Millichap has brokered the sale of Market Square, a 48,822‑square‑foot multi‑tenant retail center in Irving, Texas, roughly 10 miles northwest of Dallas. The property, built in 1984, was fully leased at closing to a mix of service‑oriented tenants...
SRS Real Estate Brokers $10.8 Million Sale of Waldorf Park in Southern Maryland
SRS Real Estate Partners brokered the $10.8 million sale of Waldorf Park, a 22,425‑square‑foot retail center in Waldorf, Maryland, to a Maryland‑based private investor. Built in 2022, the property was 93% leased to 12 tenants, including a primary‑care clinic, a Pilates studio...
Zelco Properties Purchases 200,473-Square-Foot Retail Property in Eastchester, New York
Zelco Properties, together with an institutional real‑estate investment manager and an operating partner, has bought the 200,473‑sq‑ft 750 White Plains Road retail asset in Eastchester, NY, part of the Vernon Hills Shopping Center. The property, previously home to Lord & Taylor,...
Divaris Real Estate to Provide Leasing for Two Shopping Centers in Virginia, Maryland
Divaris Real Estate has been chosen to manage leasing for two Mid‑Atlantic shopping centers. The firm will lease Lakeside Crossing, a 67,034‑square‑foot, grocery‑anchored center in Lynchburg, Virginia, anchored by The Fresh Market and featuring tenants such as Petco, Panera Bread...
Continental Realty Acquires 14-Property Shopping Center Portfolio in Southeast, Midwest
Continental Realty Corp. has acquired a 14‑property, more‑than‑2‑million‑square‑foot shopping‑center portfolio spanning seven Southeast and Midwest states. The off‑market transaction, brokered by CBRE, adds roughly $5 billion in assets under management and marks Continental’s entry into Ohio. At the time of sale...
Kohan Retail Acquires 964,123-Square-Foot Pecanland Mall in Monroe, Louisiana
Kohan Retail Investment Group has purchased the 964,123‑square‑foot Pecanland Mall in Monroe, Louisiana. The regional center, opened in 1985, houses more than 100 specialty retailers including anchors such as Belk, Dillard’s, Dick’s Sporting Goods, and JCPenney. The transaction was brokered...
Centennial Sells 1.6 Million-Square-Foot Annapolis Mall to Macerich for $272 Million
Centennial, together with Kildare Partners and Atlas Hill Real Estate, sold the 1.6‑million‑square‑foot Annapolis Mall to Macerich for $260 million, plus an adjacent former Sears parcel for $12 million, totaling $272 million. Centennial had owned the property since September 2024 and added over 500,000 sq ft...
JLL Arranges Sale of 365,071-Square-Foot Shopping Center in Pennsylvania’s Lehigh Valley
JLL Capital Markets arranged the sale of Whitehall Plaza, a 365,071‑square‑foot open‑air shopping center in Whitehall, Pennsylvania. The buyer is Mark Gold, representing Mishorim Gold Group, which has already begun early‑stage renovations. More than 100,000 sq ft of space is under contract,...
Curbline Acquires Five-Property Retail Portfolio in Texas
Curbline Properties, a New York‑based real‑estate firm, has purchased a five‑property retail portfolio across Texas. The assets, located in Southlake, Flower Mound, Hudson Oaks, Red Oak and Waco, were sold by N3 Real Estate with JLL acting as broker. The centers host a...
JLL Arranges $150 Million in Financing for Bay Terrace Shopping Center in Queens
JLL Capital Markets has arranged a $150 million loan from New York Life Real Estate Investors for the Bay Terrace Shopping Center in Queens. The 326,445‑square‑foot, grocery‑anchored center was about 90 percent leased at the time of financing and includes tenants such as...
Four New Tenants Sign Leases at Society Brooklyn in New York City
Four new tenants—Devoción Coffee, Sake Brooklyn, Tuned Bicycle Service Studio and GoodVets—have signed leases for 16,000 sq ft of ground‑floor retail at Society Brooklyn, a 21‑story mixed‑use tower in Gowanus, Brooklyn. The coffee and sake concepts will launch in 2027, while the...
Partnership to Acquire Providence Place Mall in Rhode Island for $133 Million
A partnership of Pyramid Management Group, Paolino Properties and DW Partners has been selected to purchase Providence Place Mall in Rhode Island for $133 million, ending a year‑long receivership. The 1.4‑million‑square‑foot, 13.2‑acre lifestyle center will be repositioned to emphasize a stronger...
Weitzman Breaks Ground on Retail Portion of Mixed-Use Development in Metro Fort Worth, Texas
Weitzman has broken ground on the retail component of Silveron Park, a mixed‑use development in Flower Mound, Texas, about 25 miles northeast of Fort Worth. Phase I will deliver 17,400 square feet of shop space with drive‑thru pads, slated for completion this fall. At full buildout...
SRSA Negotiates $7.2 Million Sale of Ground-Floor Retail Condominium in New Orleans
SRSA Real Estate negotiated the sale of a ground‑floor retail condominium at 1200 Poydras St. in New Orleans for $7.2 million. The 17,270‑square‑foot space is anchored by Chick‑fil A and Hurts Donut, with Juicy Seafood slated to open soon. The property sits just steps from the Caesars...
Marcus & Millichap Brokers Sale of 64,200-Square-Foot Retail Center in San Antonio
Marcus & Millichap has brokered the sale of the Rigsby Avenue Shopping Center, a 64,200‑square‑foot retail property in San Antonio. The center, built in 2002 on a 6.1‑acre parcel, was fully leased to tenants such as Alamo City Urgent Care,...
Four New Tenants Sign Leases at Inwood Village in Dallas
Four new tenants have signed leases at Dallas’s historic Inwood Village shopping center. Outdoor lifestyle brand Ball and Buck and quick‑service PopUp Bagels have already opened, while Jungle Studio Fitness will debut mid‑2026 and Rejuvenation by Williams‑Sonoma is slated for...
Newmark Arranges Sale, Financing of Office, Retail Components at The Pointe at Polaris in Columbus, Ohio
Newmark arranged the sale and financing of the office and retail components of The Pointe at Polaris in Columbus, Ohio. The mixed‑use site includes 212,366 sq ft of office space and 33,071 sq ft of retail space, both fully leased to tenants such as...
Realberry Breaks Ground on 140-Acre Avenue South Mixed-Use District at Centerra in Colorado
Realberry has broken ground on the retail core of Avenue South, a 140‑acre mixed‑use district in Loveland, Colorado. The development will feature a Whole Foods Market, 18 restaurants, 33 retailers, a 3.2‑acre park called The Front Porch, and nearly 2,000...
Tavistock Signs Four Retailers at Lake Nona West Shopping Center in Orlando
Retail developer Tavistock Development announced leases with four new tenants for its Lake Nona West project, a 405,000‑square‑foot, Target‑anchored shopping center in Orlando’s 54‑acre master‑planned community. The new occupants—Drybar, Just Salad, Gloss Nail Co., and Kilwins Ice Cream—join a roster...
Jamestown Sells Historic Ghirardelli Square Shopping Center in San Francisco
Jamestown LP has sold the historic Ghirardelli Square shopping center in San Francisco to Miami‑based Embrace Real Estate and its affiliate 1823 Partners for an undisclosed amount. The new owners have hired Denver‑based Continuum Partners to run day‑to‑day operations and...
Cushman & Wakefield Brokers $27.7 Million Sale of Grocery-Anchored Shopping Center in Suburban Minneapolis
Cushman & Wakefield brokered the $27.7 million sale of Prairieview Center, a 113,601‑square‑foot grocery‑anchored shopping center in Eden Prairie, Minnesota. The center, anchored by Lunds & Byerlys and fully leased to tenants such as Starbucks, Culver’s and Chase Bank, was built in 1986...
Prudent Growth Acquires Eastgate Shopping Center in Metro Cincinnati for $3.3 Million
Prudent Growth Partners, a Chapel Hill‑based private‑equity firm, has purchased the Eastgate Shopping Center in Batavia, Ohio for $3.3 million. The 20,520‑square‑foot property sits about 25 miles east of downtown Cincinnati and was 94 percent leased at closing. Major tenants include State Farm,...
The Villages’ Growing Retail
Florida’s master‑planned, age‑restricted community The Villages, home to over 165,000 affluent retirees, now boasts more than 7.5 million sq ft of retail space that generates roughly $1.5 billion in annual sales. The latest Eastport town‑center, nearing completion, adds about 400,000 sq ft of retail, a boutique...
Inside the Shifting World of Retail Construction
Retail construction is confronting soaring material costs, tighter capital markets and a shrinking labor pool, which have collectively added tens of millions to project budgets—exemplified by a $10 million cost jump on a recent Walmart build. Developers are responding by shrinking...
Whole Foods Market-Anchored Retail Development Moving Ahead in Inland Empire
Redlands City Council approved The Marketplace, a 71,900‑square‑foot retail center anchored by a 36,000‑square‑foot Whole Foods Market. Developed by Regency Centers and designed by KTGY, the project will comprise four buildings that can be split into 18 storefronts plus a...
Roadside Development Acquires Galleria at Mt. Lebanon in Pittsburgh
Washington, D.C.-based Roadside Development has acquired the 168,000‑square‑foot Galleria at Mt. Lebanon in Pittsburgh. The two‑story mall hosts national retailers such as Anthropologie, Williams‑Sonoma and AMC Theatres, plus several dining options. Roadside says it will keep the current tenant roster...
Brixton Capital Acquires Las Palmas Village Shopping Center in Las Vegas for $29.4 Million
Brixton Capital has acquired the 106,838‑square‑foot Las Palmas Village shopping center in Las Vegas for $29.4 million from Australia‑based Cop Group. The center, anchored by Vons, was 95 percent occupied at the time of sale and hosts tenants such as Starbucks, Wells Fargo,...
NewQuest Underway on 100,000-Square-Foot Retail Expansion Project in Metro San Antonio
Houston‑based NewQuest has broken ground on a 100,000‑square‑foot retail expansion at New Braunfels Town Center, part of the 400‑acre Creekside master‑planned development. The project will add single‑tenant buildings for EöS Fitness, Chick‑fil‑A, Portillo’s and Chase Bank, plus a 10,000‑square‑foot multi‑tenant...
American Eagle Signs 14,182-Square-Foot Lease for Michigan Avenue Flagship Store in Chicago
American Eagle Outfitters has signed a lease for a 14,182‑square‑foot flagship store at 600 N. Michigan Avenue in Chicago, slated to open on July 1, 2027. The location sits opposite UNIQLO and joins a wave of new retailers such as...
Triangle Equities, Incline Capital Sign Leases with Six New Tenants at The Crossings at Brick Church Near Manhattan
Triangle Equities, Incline Capital and leasing partner RIPCO Real Estate have secured leases with six new tenants covering 75,000 square feet at The Crossings at Brick Church, a mixed‑use project in East Orange, N.J. Anchor tenants include Burlington (48,900 sq ft) and Five...
Connolly Completes $70 Million Parkside on Dresden Mixed-Use Community in Metro Atlanta
Atlanta‑based developer Connolly has finished Parkside on Dresden, a $70 million mixed‑use community in Brookhaven, Georgia. The 4‑acre project comprises 176 luxury apartments, seven townhomes, a six‑level parking structure and 28,000 sq ft of ground‑level retail that is already fully leased to a...
Lucescu Realty Negotiates $38.6 Million Sale of Peccole Plaza Shopping Center in Las Vegas
Lucescu Realty brokered the sale of Peccole Plaza, a 161,978‑square‑foot shopping center in Las Vegas, for $38.6 million. The buyer is a privately held, Las Vegas‑based development and investment firm. The center is fully leased, featuring anchors such as Kohl’s, Walgreens...
Progressive Real Estate Brokers $13.5 Million Sale of Multi-Tenant Retail Center in Metro Los Angeles
Progressive Real Estate Partners brokered the $13.5 million sale of The Shops at Walnut Hills Plaza, a 37,173‑square‑foot, fully‑leased retail center in Walnut, California, about 23 miles east of downtown Los Angeles. The property, built in 1983, hosts 19 tenants ranging from auto...
MHCommercial Real Estate Fund Acquires Shoppes at Victoria Square on Florida’s Space Coast for $16 Million
MHCommercial Real Estate Fund II, part of a tenant‑in‑common group, acquired the Shoppes at Victoria Square in Merritt Island, Florida for $16 million. The 109,000‑sq‑ft shopping center is 98% leased and anchored by Burlington, Five Below and Ulta Beauty. NAI Merin...
RealSource Group Arranges $5.4 Million Sale of Single-Tenant Retail Property in Metro Houston
RealSource Group arranged the $5.4 million sale of a 5,462‑square‑foot single‑tenant retail building in Kemah, Texas. The property, built in 2021, is occupied by Mister Car Wash under a corporate‑guaranteed lease. The seller, a Houston private investor, was represented by RealSource...
Valore Ventures Sells 5,597-Square-Foot Single-Tenant Restaurant Property in Northern California
Valore Ventures has sold its newly built, 5,597‑square‑foot single‑tenant restaurant in Chico, California, occupied by Chick‑fil‑A and featuring a dual‑lane drive‑thru. The transaction was brokered by SRS Real Estate Partners for the seller and JLL for a local private‑investor buyer....
The Spice & Tea Exchange Signs New Franchise Deals Across Oklahoma and Virginia
The Spice & Tea Exchange, a specialty retailer based in St. Augustine, Florida, has signed franchise agreements for seven new stores in Oklahoma and Virginia. The deals include one location in Guthrie, Oklahoma, and multiple three‑unit developments in Fredericksburg, Charlottesville,...
Walmart Plans 650 Remodels, 20 Store Openings in Next 12 Months
Walmart announced a major refresh, targeting over 650 store remodels and about 20 new Supercenter or Neighborhood Market openings through 2026‑27. The upgrades will add wider aisles, digital touchpoints, expanded pickup and delivery, and upgraded health‑service areas. The retailer projects...
LDP, Garrett Cos. Acquire 30 Acres, Plans Major Retail Development Near Colorado Spings
Legacy Development Partners and The Garrett Co. have purchased about 30 acres in Monument, Colorado, to build Legacy at Jackson Landing, a 225,000‑sq‑ft retail center anchored by Target. The site sits at I‑25 and Baptist Road, roughly 20 miles north...
Linear Retail Properties Purchases Needham Center Shoppes in Massachusetts for $7 Million
Linear Retail Properties announced the purchase of Needham Center Shoppes, an 11,330‑square‑foot retail block in the Boston suburb of Needham, for $7 million. The center, located at Chapel Street and Great Plain Avenue, houses tenants such as Needham Center Fine Wines,...
Hanley Investment Group Arranges $2.9 Million Sale of Single-Tenant Retail Property in Inland Empire
Hanley Investment Group arranged the $2.9 million sale of a newly built 3,000‑square‑foot single‑tenant retail building in Lake Elsinore, California. The property is an outparcel of a Stater Bros‑anchored center and is occupied by Pollo Campero under a 15‑year absolute triple‑net ground lease with...
Rainier, University of Oklahoma Foundation to Build $1.1 Billion Rock Creek Entertainment District in Norman
Rainier Development Co. has signed a master agreement with the University of Oklahoma Foundation to build the $1.1 billion Rock Creek Entertainment District on 269 acres in Norman, Oklahoma. The mixed‑use project will open in phases, beginning with an 8,000‑seat performance...
Stone City Capital to Develop 68-Acre Mixed-Use Project in Metro Charleston, South Carolina
Charlotte‑based Stone City Capital announced Seamist Commons, a 68‑acre mixed‑use development in Summerville, South Carolina. The project will combine retail, office, residential units, a 28‑acre forest preserve, and extensive EV‑charging infrastructure. Phase I retail spaces ranging from 1,400 to 11,900 sq ft are...
WRS Breaks Ground on $1.2 Billion Redevelopment of Lakeforest Mall in Metro D.C.
Retail developer WRS Inc. has broken ground on a $1.2 billion mixed‑use redevelopment of the former Lakeforest Mall in Gaithersburg, Maryland. The 102‑acre site will become a walkable mini‑city featuring 1,600 residential units—including 600 for‑sale homes, 600 rentals, and 250 workforce‑housing...