• The Future of Retail is Omni-Channel

    January 13, 2020— Retail is not dead… It’s just evolving. If you don’t evolve you die as the saying goes. So what is Omni-Channel retail and why have companies started to focus on this strategy? Omnichannel is a cross-channel content strategy that organizations use to improve their user experience....
  • Westlake Plaza

    Newport Capital Partners Sells Westlake Plaza in Chicago

    January 13, 2020 – JLL Capital Markets announced today that it has closed the sale of Westlake Plaza, a 42,018-square-foot, internet-resistant neighborhood shopping center in Chicago’s affluent Northshore community of Wilmette, Illinois. JLL represented the seller, Chicago-based Newport Capital Partners. A private real estate fund advised by Crow Holdings...
  • Buchanan Street

    Buchanan Mortgage Funds $55M Construction Loan

    January 9, 2019— Buchanan Street Partners closed a construction loan for The Orchard, a 177,000 SF mixed-use residential and retail development located in Azusa, CA. The $55,000,000 loan will be used to build 163 market-rate apartments over 31,700 SF of retail. The development represents the borrower’s second mixed-use development...
  • The Groves

    Cushman & Wakefield Arranges the Sale of The Groves for $18.5 Million

    January 7, 2020 – Cushman & Wakefield completed the sale of The Groves, a Walmart shadow anchored shopping center located in Tempe, Ariz. Jabbel Holdings, LLC purchased the property for $18.5 million. Michael Hackett and Ryan Schubert of Cushman & Wakefield’s Phoenix office negotiated the transaction on behalf of...
  • Fairmont Shopping Center

    JLL arranges $19.6M acquisition loan for Bay Area retail center

    December 20, 2019 – JLL announced today that it has arranged $19.6 million in acquisition financing for Fairmont Shopping Center, a 102,982-square-foot, coastal, shopping center anchored by Safeway in the San Francisco Bay Area community of Pacifica, California. JLL worked on behalf of the borrower, GRI Fairmont, LLC, an...
  • Gravois Place

    Fully Leased St. Louis-Area Neighborhood Retail Center Sold

    December 19, 2019 – JLL announced today that it has closed the sale of Gravois Place, an 86,931-square-foot, fully leased Gold’s Gym-anchored retail center in the suburban St. Louis community of Fenton, Missouri. JLL marketed the property on behalf of the seller, RBR Real Estate Holdings, LLC. Mark Sher,...
  • Regency Point Jacksonville

    Franklin Street Brokers $8.3M Sale of Regency Point Retail Center in Jacksonville

    December 18, 2019– Franklin Street has brokered the $8.3 million sale of Regency Point, a 51,381-square-foot retail center located at 9430 Arlington Expressway on the east side of Jacksonville., Fla. Franklin Street’s Bryan Belk and John Tennant represented the seller, Sand Capital of Phoenix, Ariz., in the transaction. The...
  • Grand Bay Plaza

    Phillips Edison Sells Grand Bay Plaza in Florida

    December 18, 2019 – JLL announced today that it has closed the sale of and arranged acquisition financing for Grand Bay Plaza, a 77,810-square-foot, Publix-anchored neighborhood shopping center in the southwest Florida community of Fort Myers. JLL marketed the property on behalf of the seller, Phillips Edison & Company,...
  • Shops at Gainey

    Cushman & Wakefield Arranges the Sale of The Shops at Gainey Village

    December 17, 2019 – Cushman & Wakefield completed the sale of The Shops at Gainey Village, a Sprouts Farmers Market anchored urban village located in Scottsdale, Ariz. An entity formed by Global Retail Investors purchased the property from Gainey Village Retail Center, LLC (an entity formed by Principal Real...
  • Starbucks Mammoth

    Hanley Investment Group Arranges Sale of Starbucks in Mammoth for $1,065 PSF

    December 13, 2019 – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a trophy, flagship resort location Starbucks with a drive-thru located in Mammoth Lakes, California. The...
  • Little Elm Towne Crossing

    Suburban DFW Retail Center Changes Hands

    December 9, 2019 – JLL announced today that it has closed the sale of Little Elm Towne Crossing, a 150,007-square-foot shopping center in the affluent Little Elm community on the northwest border of Frisco, Texas, which is part of the Dallas-Fort Worth MSA. JLL marketed the property on behalf...
  • 227 Franklin Ave

    Cushman & Wakefield Inks Dining Lease in Downtown Nutley, N.J.

    December 9, 2019 – Pag’s, a popular North Jersey restaurant and catering operator, will relocate from Paramus to Nutley in an expansion move, announced commercial real estate services firm Cushman & Wakefield. The restaurant opened in 2018 on the Paramus Golf Course; its new location at 227 Franklin Ave....
  • 431 s coast hwy

    Oceanside Multi-Tenant Retail Building Sold for $3.7 Million

    December 4, 2019— Colliers International San Diego Region announces the sale of a 12,000-square foot, multi-tenant retail building located at 417-431 S. Coast Highway, Oceanside, CA for $3,700,000. Bill Shrader and Luke Holler of Colliers International’s Urban Property Team represented the seller, Fullerton Square. Shrader and Holler also represented...
  • 400 Huyler Street

    Cushman & Wakefield Arranges 125,500-SF Lease for Goodwill NYNJ

    December 3, 2019 – Household-name nonprofit Goodwill® Industries of Greater NY and Northern NJ, Inc. (Goodwill NYNJ) has signed a 125,500-square-foot, full-building lease commitment in South Hackensack, announced Cushman & Wakefield. The commercial real estate services firm represented Goodwill NYNJ in its site search and negotiation for Forsgate Industrial...
  • Brentwood Town Center

    Sonnenblick-Eichner Company Arranges $17.5 MM Loan to Refinance High Street Retail Property in Los Angeles

    December 3, 2019– Sonnenblick-Eichner Company has secured $17.5 million of 10-year, fixed rate, non-recourse financing for the Brentwood Town Center, a 12,845-square-foot boutique, High Street retail shopping center located on San Vincente Boulevard in Los Angeles’ Brentwood neighborhood. The interest-only loan was placed with a Wall Street investment bank...
  • Covington Esplanade

    Weingarten Realty Investors Acquires Covington Esplanade Retail Center in Seattle

    December 2, 2019 – JLL announced today that it has closed the sale of Covington Esplanade, a 187,388-square-foot, daily needs-focused neighborhood shopping center in the suburban Seattle community of Covington, Washington. JLL marketed the property on behalf of the seller. Weingarten Realty Investors purchased the asset. Anchored by Home...
  • JLL Closes $15.15M Sale of Charlotte-Area Retail Building

    November 25, 2019 – JLL announced today that it has closed the $15.15 million sale of a 135,197-square-foot, single-tenant retail building net leased to Lowe’s in the Charlotte-area community of Concord, North Carolina. JLL marketed the property on behalf of the seller. A private investor in a 1031 exchange...
  • Rio Gaithersburg

    Peterson Companies Secures $42M Loan for Retail Center in Washington D.C

    November 25, 2019 – JLL announced today that it has arranged $42 million in senior financing for the western portion of Rio, a 700,000-square-foot, lifestyle-oriented retail property in the suburban Washington, D.C. community of Gaithersburg, Maryland. JLL worked on behalf of the borrower, Peterson Companies, to place the 12-year,...
  • Acamedy Sports

    SRS Completes $8.4 Million Sale of a Retail Property Occupied by Academy Sports+Outdoors in Starkville, MS

    November 25, 2019 – SRS Real Estate Partners National Net Lease Group has completed the $8.378 million sale of a 62,916-square-foot, single-tenant retail property fully occupied by Academy Sports+Outdoors in Starkville, MS. The tenant recently signed a new, corporate guaranteed, 15-year lease with scheduled rental increases and options to...
  • Five Guys

    Five Guys Nabs Land for Future Store in Miami Beach

    November 21, 2019 – JLL and Newmark Knight Frank (NKF) announce today that they arranged a 4,020-square-foot lease that will bring Five Guys Burgers and Fries (Five Guys) to 100 Lincoln Road, one of the most visible retail corridors in Miami Beach’s premier shopping corridor. The footprint of the...
  • Teriyaki Madness Newark

    Paramount Assets Arranges Lease with Teriyaki Madness in Newark, N.J. Fast-Casual Chain Opens First Garden State Location at 137 Halsey Street

    November 22, 2019 – Fast-casual restaurant chain Teriyaki Madness recently celebrated the grand opening of its first New Jersey location at Paramount Assets’ 137 Halsey Street in Newark. Samir Guzman, Paramount’s executive director of leasing and marketing arranged the 2,000-square-foot lease; Marta Villa of JLL represented the tenant. “Situated...
  • Raising Canes

    Hanley Investment Group Arranges Sale of Raising Cane’s in St. Louis

    November 20, 2019– Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a new-construction, single-tenant Raising Cane’s Chicken Fingers quick-service restaurant in St. Louis, Missouri. Raising Cane’s is...
  • Shops Blue Bell

    JLL arranges $29.15M Sale of Giant-Anchored Retail Center

    November 20, 2019 – JLL announced today that it has closed the $29.1 million sale of the Shops at Blue Bell, 103,580-square-foot, grocery-anchored neighborhood shopping center in the suburban Philadelphia community of Blue Bell, Pennsylvania. JLL marketed the property on behalf of the seller, a real estate investment manager...
  • Boardwalk Investments Group

    Boardwalk Investments Group Secures $110M Loan for 12-Property Portfolio

    November 18, 2019 – JLL announced today that it has arranged $110 million in acquisition financing on behalf of Boardwalk Investments Group for a 12-property portfolio of primarily Class A anchored and high street retail property in Newport Beach, Laguna Beach, Yountville and Corona Del Mar, California. JLL placed...
  • Hanley Investment Group

    Hanley Investment Group Arranges Sale of Beverly Hills Retail Property

    November 13, 2019 — Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a high-identity Robertson Boulevard location in Beverly Hills, an area that is home to unique shops,...
  • 7 Eleven Lakewood

    New prototype 7-Eleven store sold in the Sarasota MSA

    November 13, 2019 – JLL announced today that it has closed the $2.89 million sale of a 0.95-acre, single-tenant parcel that is ground leased to a new prototype 7-Eleven store within the Lakewood Ranch master-planned community in Bradenton, Florida. JLL marketed the property on behalf of the seller, a...
  • Mountain Vista Plaza

    Boarder Capital Sells Mountain Vista Plaza to Canadian Investor for $14 Million

    November 12, 2019 – On behalf of an entity formed by Boarder Capital, the capital markets team of Ryan Schubert and Michael Hackett of Cushman & Wakefield successfully closed the sale of Mountain Vista Plaza. MIRAJH LLP of Saskatoon, SK, Canada acquired the 64,071-square-foot (SF) retail center for $14.125...
  • Ace & Tate Zurich

    Ace & Tate Opens First Swiss Branch in Zurich

    November 12, 2019— SPG Intercity Zurich has found a 120 m2 retail space in Zurich’s Niederdorf for Ace & Tate. It is the first Swiss location of the young Dutch optical department store. Ace & Tate is an innovative optical company with locations in Holland, Belgium, Germany, Austria, Sweden, England,...
  • Aldi Inland Empire

    ALDI/WSS Two-Tenant Retail Property Trades in Inland Empire for $8.8M

    November 11, 2019 — Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm, along with Progressive Real Estate Partners, completed the sale of a new-construction, two-tenant retail building occupied by ALDI grocery store...
  • Del Taco Lake Elsinore

    JLL Closes $2.1M Sale of Riverside County Fast Food Restaurant

    November 11, 2019 – JLL announced today that it has closed the sale of a 2,469-square-foot, single-tenant retail building that is triple net leased to Del Taco Corporate in the Riverside County community of Lake Elsinore, California. JLL represented the buyer, SMBC Property #2, LLC, which purchased the asset...
  • Goodwill Illinois

    JLL closes sale of new retail property in suburban Chicago

    November 5, 2019 – JLL announced today that is has closed the sale of a newly constructed, 18,000-square-foot, single-tenant retail property that is triple net leased to Goodwill in the Chicago suburb of Glenview, Illinois. JLL marketed the property on behalf of the seller, a Chicago-based merchant developer. Best...
  • Centre Cutler Bay

    Avison Young handles $16M sale of Centre at Cutler Bay in Miami

    November 4, 2019— Avison Young’s Florida Capital Markets Group closed the $16 million sale of the Centre at Cutler Bay, a fully-occupied, 127,072-square-foot office/retail center at 18901 SW 106th Ave. in Miami-Dade County submarket Cutler Bay, Florida. On behalf of the seller, Cutler Center Holdings, LLC, Avison Young Senior...
  • Vernon Hills Shopping Center

    Ashkenazy Acquires Vernon Hills Shopping Center

    November 4, 2019 – Ashkenazy Acquisition Corp. has added Vernon Hills Shopping Center in Eastchester to its diversified portfolio in an acquisition orchestrated by Cushman & Wakefield. The New York City-based, private real estate investment firm purchased the five-building Westchester County asset at a cost exceeding $125 million from...
  • Tourist Plaza

    Retail Center Sold in Orlando’s Main Tourist Corridor

    November 4, 2019 – JLL announced today that it has closed the $20.5 million sale of and secured the leasing assignment for Tourist Plaza, a 50,712-square-foot, fully leased strip center along Orlando’s main tourist thoroughfare, International Drive. JLL procured and represented, collectively with Orion Real Estate Group, the buyer,...
  • Cobb Place Ashely Furniture

    JLL closes sale and secures financing for Atlanta retail property

    October 31, 2019 – JLL announced today that it closed the sale of and secured acquisition financing for Cobb Place, a 335,190-square-foot premier retail destination in the suburban Atlanta community of Kennesaw, Georgia. JLL marketed the assets on behalf of the seller, a partnership between DRA Advisors LLC and...
  • Palm Square

    Galium Capital Closes On Palm Square Retail Center In Pembroke Pines For $20.475 Million

    October 25, 2019— Galium Capital, a Miami-based private equity firm, has closed on Palm Square, a 77,621 SF shopping center in Pembroke Pines, Florida. The sales price was $20.475 million and the closing was overseen by Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI). “Palm...
  • San Marcos Village

    CBRE Arranges Sale of San Marcos Shopping Center for $19.3 Million

    October 25, 2019 – CBRE Vice Chairman Philip D. Voorhees announced this week that the National Retail Partners-West (NRP-West) completed the sale of San Marcos Village in San Marcos, Calif., a grocery/discount-anchored neighborhood center with key access and visibility to the 78 freeway. At the time of sale, the...
  • Centre at Panola

    Rothenberg-Rosenfield Buys Two Publix Anchored Retail Centers in Atlanta

    October 24, 2019 – JLL announced today that it closed the sale of both Publix at Acworth and Centre at Panola, two grocery-anchored shopping centers in the Atlanta MSA. JLL marketed the assets on behalf of the seller, a publicly traded REIT. The purchaser was Rothenberg-Rosenfield Inc., which acquired...
  • Chick Fil A Charlotte

    SRS Closes Two Chick–Fil-A Deals

    October 24, 2019—SRS Real Estate PartnersNational Net Lease Group has announced the sale of two Chick-Fil-A properties. One of the sales is a ground lease for a 5,051-square-foot Chick-fil-A located at 8700 University Exec Park Drive in Charlotte, NC. The second transaction is a ground lease for a 5,058-square-foot...
  • Mallard Crossing

    JLL Closes Sale of Suburban Chicago Retail Center

    October 23, 2019 – JLL announced today that it has closed the sale of Mallard Crossing, an 80,708-square-foot, ALDI-anchored retail center in the northwestern Chicago suburb of Elk Grove Village, Illinois. JLL represented the seller, IRC Retail Centers LLC, and procured the buyer, a vehicle sponsored by  AmCap Management...
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