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Representative imageWayfair to Open 95,000 SF Store at North Hills Village in PittsburghPITTSBURGH — Wayfair will open a 95,000-square-foot store in Pittsburgh. The store, which will be located just outside the downtown area within the North Hills Village shopping center, will be the first in Pennsylvania for the Boston-based furniture provider.
Core Acquisitions, Midloch Investment Buy Shopping Center Near Denver for $30.2MLAKEWOOD, COLO. — Deerfield, Ill.-based Core Acquisitions and Chicago-based Midloch Investment Partners have acquired Lamar Station Plaza, a regional shopping center in Lakewood, approximately five miles west of downtown Denver.
Alliance Residential Underway on 388-Unit Multifamily Project in Spring, TexasSPRING, TEXAS — Alliance Residential is underway on construction of Broadstone Gosling Oaks, a 388-unit multifamily project in the northern Houston suburb of Spring.
Matthews Brokers Sale of Magnolia Marketplace Shopping Center in New OrleansNEW ORLEANS — Matthews has brokered the sale of Magnolia Marketplace, a 115,281-square-foot shopping center located at 2900 S. Claiborne Ave. in New Orleans.
JLL Negotiates $32.5M Sale of Power Retail Center in BirminghamBIRMINGHAM, ALA. — JLL has negotiated the $32.5 million sale of the second phase of Village at Lee Branch, a power retail center located at 1201 Doug Baker Blvd. in Birmingham.
RCG Ventures Picks Up 207K-SF Tucker Retail CenterRCG Ventures acquired the Tucker Meridian Shopping Center in Tucker, Georgia. Ben F. Kushner Company was the seller. The sales price was not disclosed. Kushner demolished an office park to make way for the retail center in 2015.
Atlantic Capital Partners Brokers $7M Sale of Shopping Center in Hope Mills, North CarolinaHOPE MILLS, N.C. — Atlantic Capital Partners has brokered the sale of Hope Mills Crossing, a 53,204-square-foot shopping center located in Hope Mills, roughly five miles south of Fayetteville. The property sold for more than $7 million, according to Atlantic Capital.
SRS Negotiates $8.9M Ground Lease Sale of Miami Restaurant Leased to Chick-fil-AMIAMI — SRS Real Estate Partners has negotiated the $8.9 million ground lease sale of a restaurant property located at 18240 S. Dixie Highway in Miami.
Gantry Secures $31M Refinancing for Value-Add Retail Property in Southern CaliforniaLANCASTER, CALIF. — Gantry has secured a $31 million permanent refinance for the Valley Central Shoppes, located at 44410-44690 Valley Central Way in Lancaster. Tony Kaufmann, Jake Davis and Ramza Zeiter of Gantry represented the borrower, a private real estate investor.
Urban Edge Pays $90.3M for 140K-SF Boca Raton Retail CenterUrban Edge Properties acquired Regency Court, a premier 140,000-square-foot grocery-anchored shopping center in Boca Raton, Florida, for a purchase price of $90.3 million. Invesco was the seller. The property is anchored by Publix and Walgreens.
Fourth Sale Closes in Anaheim Multifamily PortfolioMarcus & Millichap arranged the sale of Knott-Orange Apartments, a 35-unit multifamily property located at 515 S. Knott Ave. in Anaheim. The property sold for $9.65 million, or $275,714 per unit.
CBRE Negotiates $15.6M Sale of Convenience Store Property in Suburban ColumbusJOHNSTOWN, OHIO — CBRE has negotiated the $15.6 million sale of a newly developed truck stop and convenience store property occupied by 7-Eleven (Speedway) in Johnstown near New Albany.
Hanley Investment Group, Summit Real Estate Arrange $12.7M Sale of Fullerton Court Retail Center in CaliforniaFULLERTON, CALIF. — Hanley Investment Group Real Estate Advisors and Summit Real Estate (RE) have brokered the sale of Fullerton Court, a two-story retail center adjacent to Fullerton College in Fullerton.
Essex Realty Group Closes 12-Unit Rogers Park Multifamily TransactionEssex Realty Group announced the sale of 1706–1716 W. Farwell Avenue, a 12-unit multifamily apartment building in Chicago’s Rogers Park neighborhood.
The Boulder Group Arranges Sale of Net Leased Steak ’n Shake in AuroraThe Boulder Group completed the sale of a single-tenant net-leased restaurant property occupied by Steak ’n Shake in Aurora, Illinois, for $1.27 million. The property is located at 4333 Fox Valley Center Drive, near the intersection of Illinois Route 59 and New York Street.
Hanley Investment Group Brokers Sale of 13,308 SF Retail Center in Metro MilwaukeeGLENDALE, WIS. — Hanley Investment Group Real Estate Advisors has arranged the sale of Cornerstone Shopping Center, a 13,308-square-foot retail center located in the North Shore trade area across from Bayshore, a mixed-use destination.
Younger Partners Buys 261K SF Terrell Power Center: The DFW Deal SheetYounger Partners bought the nearly 261K SF, fully leased shopping center in Terrell from RealtyLink LLC.
Barings Buys SoCal Grocery-Anchored Shopping Center for $66MInvestment management firm Barings has put down $66.2 million to acquire a fully leased grocery-anchored shopping center in Orange County, Calif.
Quantum Real Estate Advisors Brokers Sale of Starbucks-Anchored Retail StripQuantum Real Estate Advisors, Inc. has brokered the sale of Ryan Plaza, an approximately 15,500-square-foot multi-tenant strip center located at 1534 E. Algonquin Road, Algonquin, Illinois. The property sold for $2.4 million. The buyer, Curbline Properties, is a public REIT.
Barings Acquires Ralphs-Anchored Center from First WashingtonCBRE arranged the $66.2-million sale of Village Center at Rose, a 118,876-square-foot, Ralphs-anchored shopping center at 600-858 N. Rose Dr. in Placentia. Barings acquired the fully leased property from First Washington Realty.