• 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...
  • 207 West 79th Street

    Lee & Associates NYC Scores Space for My Gym on the Upper West Side

    October 22, 2019 – Gregory Tannor, Executive Managing Director/Principal, and Michael Watson, Associate Director, of Lee & Associates NYC have negotiated a ground-floor, 3,262-square-foot lease at 207 West 79th Street, between Broadway and Amsterdam Avenue, for My Gym. The children’s fitness brand offers early physical education and pre-gymnastics classes...
  • Aarons Bakersfield

    Wood Investments Companies Purchases Single-Tenant Retail Property for 7% Cap Rate in Bakersfield

    October 21, 2019 — Wood Investments Companies, Inc., a leading California commercial real estate investment and management company specializing in retail, announced today the acquisition of a 7,002-square-foot, single-tenant, net-lease property occupied by Aaron’s at 6473 Niles Street in Bakersfield, California. The purchase price was $1,436,619, representing a 7%...
  • Silver City Town Center

    JLL Closes Sale of Silver City Town Center in Oklahoma

    October 21, 2019 – JLL announced today that it has closed the sale of Silver City Town Center, an 89,600-square-foot, necessity-based retail center in the suburban Oklahoma City community of Mustang, Oklahoma. JLL marketed the property on behalf of the seller, Fields Investments. At 92.3% leased, Silver City Town...
  • County Line Plaza

    Slate Property Group Sells County Line Plaza in Philadelphia

    October 15, 2019– JLL announced today that it has closed the sale of County Line Plaza, a 74,968-square-foot, dual-anchored retail center in an infill location in northeast Philadelphia, Pennsylvania. JLL marketed the property on behalf of the seller, Slate Property Group. A private investor purchased the asset. County Line...
  • Shoppes at Southside

    Brixmor Property Group Sells The Shoppes at Southside for $23.3M

    October 15, 2019 – JLL announced today that it has closed the $23.3 million sale of The Shoppes at Southside, a 112,613-square-foot, fully leased retail center anchored by Best Buy and Urban Air Trampoline and Adventure Park in the Southside submarket of Jacksonville, Florida. JLL marketed the property on...
  • Olde Towne Berwick Savannah

    Franklin Street Negotiates $5.45 Million Retail Center Sale in Savannah, Ga.

    October 14, 2019 – Franklin Street has negotiated the $5.45 million sale of Olde Towne at Berwick, a retail strip center located at 50 Berwick Boulevard in Savannah, Ga., one of America’s most historic cities. John Tennant, Bryan Belk and Todd Mitchell of Franklin Street’s Atlanta office represented the...
  • Vintage Plaza Austin

    Ironwood Real Estate Sells Vintage Plaza Retail Center in Austin

    October 14, 2019 – JLL announced today that it has closed the sale of Vintage Plaza, a three-building strip center totaling 40,612 square feet in the northern Austin community of Round Rock, Texas. JLL marketed the property on behalf of the seller, Ironwood Real Estate. SITE Centers Corp. purchased...
  • Party City in Oceanside

    JLL closes sale of Long Island retail property

    October 14, 2019 – JLL announced today that it has closed the sale of a single-tenant retail building leased to Party City in Oceanside, New York. JLL marketed the property on behalf of the seller. Consolidated-Tomoka Land Co. purchased the asset. Party City, the leading provider of party goods...
  • 133 Beach 116th Street

    Lee & Associates NYC Scores Space for Orangetheory Fitness in Rockaway Beach

    October 10, 2019 – Jaime Schultz, Executive Managing Director, and Jeffrey Lopez, Associate Director, of Lee & Associates NYC have negotiated a ground-floor, 3,200-square-foot lease at 133 Beach 116th Street, between Rockaway Beach Boulevard and Ocean Promenade Belle Harbor, for Orangetheory Fitness. The brand boasts a combined cardiovascular and...
  • Crave Maple Grove

    Hanley Investment Group’s Twin Cities Two-Tenant Pad Sale Sets Midwest Cap Rate Record

    October 10, 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 arranged the sale of a two-tenant retail property occupied by Bank of America and CRAVE American Kitchen & Sushi Bar...
  • 40 West 25th Street

    Lee & Associates NYC Represents HelloFresh in Two Subleases at 40 West 25th Street

    October 7, 2019– Dennis Someck, Executive Managing Director/Principal, and Justin Myers, Senior Managing Director/Principal, of Lee & Associates NYC have arranged two subleases of 11,000 square feet each on the entire sixth and seventh floors at 40 West 25th Street. Looker Data Sciences, a business intelligence software firm, will...
  • Towne Center East

    JLL Closes Sale, Financing of Southern California Retail Center

    October 7, 2019 – JLL announced today that it has closed the sale of and secured acquisition financing for Towne Center East, a fully leased, 154,750-square-foot retail center with multiple national anchors in the Southern California community of Signal Hill, California. JLL marketed the property on behalf of the...
  • Michaels Hanley Investment

    Hanley Investment Group Completes Sale of Michaels in Kansas City to California Buyer

    October 7, 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 arranged the sale of a single-tenant Michaels in Kansas City, Missouri, to a California buyer for $3,945,000. Hanley Investment...
  • Glendale Galleria

    SRS Completes Sale of Glendale Galleria, a 119,525-SF Shopping Center in Glendale, AZ

    October 7, 2019 – SRS Real Estate Partners’ Investment Properties Group has completed the sale of Glendale Galleria, a 119,525-square-foot LA Fitness-anchored neighborhood shopping center located at 5880 W. Peoria Avenue in Glendale, AZ. SRS Real Estate Partners’ Investment Properties Group Senior Vice Presidents Chris Tramontano and John Redfield...
  • AMC Theatres Palm Promenade

    Colliers Retail Capital Markets Team Arranges $32.3 Million Sale of AMC Center in San Diego

    October 6, 2019 – Colliers International’s Retail Capital Markets team led by Executive Vice President El Warner, with support from Matthews Retail Group, has arranged the $32.3 million sale of AMC Theatres Palm Promenade (14 Screens), a top performing movie and entertainment mecca located within one of the largest...
  • Onpoint Development

    Oceanside Retail Development Parcel Sold for $4.5 Million

    October 3, 2019— Colliers International San Diego Region announces that OnPoint Development has acquired a 3.728-acre retail land parcel located at 3340 Mission Avenue, Oceanside, CA for $4.5 million. OnPoint Development plans to develop a multi-tenant retail center including a gas station and car wash on the site. Josh...
  • Black Rock Coffee

    Black Rock Coffee Bar in Glendale, AZ Sells for $1.2 Million

    October 2, 2019 – Cushman & Wakefield completed the sale of Black Rock Coffee Bar, located at 6805 W. Bell Road in Glendale, Ariz. Robert C. Williams Living Trust of Santa Rosa, Calif. purchased the property from Scottsdale-based Dos Compadres 67th, LLC for $1.2 million. Chris Hollenbeck of Cushman...
  • Raising Cane Anaheim

    Brand-New Raising Cane’s Sells in Anaheim, Calif. for $5M

    October 1, 2019  – SRS Real Estate Partners and Hanley Investment Group announced today that the two firms have completed the sale of a new-construction, single-tenant Raising Cane’s Chicken Fingers quick-service restaurant with a drive-thru located in Anaheim, California. Raising Cane’s is the rapidly-growing Louisiana-based restaurant company known for...
  • 65 Church Street

    JLL Arranges $97.5M Financing for Stamford Mixed-use Project

    September 30, 2019 – JLL announced today that it has arranged $97.5 million in financing for the development of the second phase of Atlantic Station, a luxury mixed-use residential and retail property in downtown Stamford, Connecticut. JLL worked exclusively on behalf of the developer, RXR Realty, to secure the...
  • BH3 Design Miami

    BH3 to Develop Miami Design District’s First and Largest Ground-Up Opportunity Zone Project

    September 30, 2019 – BH3, a real estate investment and development firm specializing in distinctive projects and assets, plans to develop a nine-story, 86,000-square-foot retail and showroom project at the southwestern entrance to the Miami Design District. The development at 3801 N. Miami Ave. will be the first and...
  • Market Street at Heath

    Columbus Pacific Buys Lifestyle Retail Center in Florida for $39.75M

    September 30, 2019 – JLL announced today that it has closed the $39.75 million sale of Market Street at Heath Brook, a 393,387-square-foot, regionally dominant, mixed-use lifestyle/entertainment village with office space in the Orlando-area community of Ocala, Florida. JLL marketed the property on behalf of the seller. Columbus Pacific...
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