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Shopping centers: deals – page 11
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Interra Takes On Greenway PlazaInterra Capital Group acquired Greenway Plaza, a landmark 53-acre, 4.5 million-square-foot mixed-use office campus in the heart of Houston.
Representative imageBeacon Group Acquires 4,665 SF Office Space at Coronado Professional Plaza in Avondale, ArizonaAVONDALE, ARIZ. — Beacon Group has purchased 4,665 square feet of office space at Building E, Units 117 and 119 within Coronado Professional Plaza, located at 3400 N. Dysart Road in Avondale. Arizona Agribusiness & Equine Center sold the space for $2 million.
Neighborhood Shopping Center Trades After 50-Year HoldAtlantic Capital Partners arranged the sale of 211 Lowell St., a grocery-anchored shopping center in Wilmington, MA. Buyer and sale price were not disclosed.
Representative imageAres Management Acquires Whitestone REIT in $1.7B All-Cash DealWhitestone REIT, a Houston-based real estate investment trust (REIT) with a shopping center portfolio exclusively invested in Arizona and Texas and a market capitalization of $971 million, is no longer a public company.
SimonCRE Buys 38 Acres to Develop 363,000 SF Retail Center in AlbuquerqueALBUQUERQUE, N.M. — SimonCRE has acquired approximately 38 acres of land to develop Lobo Crossing, a 363,000-square-foot, open-air center located on the University of New Mexico’s south campus in Albuquerque. A timeline for the $150 million project was not disclosed.
121K-SF Detroit-Area Retail Plaza Changes HandsMid-America Real Estate Investment Sales Group announced the sale of Dix-Toledo Shopping Center, a 121,184-square-foot community center located in the Detroit suburb of Southgate, Michigan.
Representative imageNuveen Buys Suburban South Florida Retail Center for $46MNuveen is back to buying in South Florida. The Chicago-based investor, which is owned by Teachers Insurance and Annuity Association of America, paid $46.3 million for a suburban retail center in Broward County, property records show.
Visintainer Group Brokers Sale of Vintner’s Square Shopping Center in Lodi, California, in Two TransactionsLODI, CALIF. — Visintainer Group has arranged the sales of the multi-tenant retail component of Vintner’s Square Shopping Center in Lodi for a combined $23.2 million in a two-part transaction. The sale was structured in two phases approximately one week apart.
Representative imageCTO Realty Acquires 399,075 SF Retail Power Center in McAllen, TexasMCALLEN, TEXAS — CTO Realty Growth, a Florida-based REIT, has acquired Palms Crossing, a 399,075-square-foot retail power center in the Rio Grande Valley city of McAllen.
BH Properties Purchases 75,000 SF Shops at Mauna Lani on the Big Island of HawaiiWAIMAE, HAWAII — BH Properties has acquired The Shops at Mauna Lani, an open-air retail center at the entrance of Waikoloa Resort in Waimae. Terms of the transaction were not released.
McCollom Realty Sells El Cameno Plaza Retail Property in Metro ChicagoORLAND PARK, ILL. — McCollom Realty Ltd. has sold El Cameno Plaza in Orland Park after owning it for 38 years. The retail property at 9931-9985 W. 151st St. features a 54-year lease with 7-Eleven, making it one of the longest 7-Eleven tenancies in the world.
JLL Negotiates Sale of 315,708 SF Retail Power Center in Conroe, TexasCONROE, TEXAS — JLL has negotiated the sale of Montgomery Plaza, a 315,708-square-foot retail power center located in the northern Houston suburb of Conroe.
Piedmont Capital Adds Charlotte-Area Retail Center to NC HoldingsPiedmont Capital paid $24.5 million for The Shops at Franklin Square. Located in Gastonia, NC, this 134,214-square-foot Ashley Furniture-anchored center is the company’s second retail acquisition in Gaston County and their third closing in 2026.
JLL Arranges $10.2M Sale of Washington Center Retail Property in DenverDENVER — JLL Capital Markets has arranged the sale of Washington Center, a shopping center located at 812-858 E. 120th Ave. and 11874-11890 Washington St. in Denver. Northglenn LLC sold the property to a local investment firm for $10.3 million.
CBRE Brokers Sale of 278,842 SF Baybrook Village Shopping Center in Metro HoustonWEBSTER, TEXAS — CBRE has brokered the sale of Baybrook Village, a 278,842-square-foot shopping center located in the southeastern Houston suburb of Webster.
BC Wood Purchases Virginia Beach Shopping Center for $34.9MVIRGINIA BEACH, VA. — Lexington, Ky.-based BC Wood Properties has acquired Fairfield Shopping Center, a 184,106-square-foot shopping center located in Virginia Beach, for $34.9 million. Food Lion and T.J. Maxx anchor the center, which was 93 percent leased at the time of sale.
Partnership Acquires Del Mar Heights Offices for $43MBridgeway Real Estate Partners, in partnership with LBX Investments, has acquired Plaza Del Mar, a 120,000-square-foot office campus located at 12520 and 12526 High Bluff Dr. in the Del Mar Heights submarket of San Diego, for $43 million.
Bridgeway Real Estate Partners, LBX Investments Buy Plaza Del Mar Office Campus in San Diego for $43MSAN DIEGO — Bridgeway Real Estate Partners, in partnership with LBX Investments, has acquired Plaza Del Mar, an office campus in the Del Mar Heights submarket of San Diego, for $43 million, or $352 per square foot.
Marcus & Millichap Brokers $7M Sale of Shopping Center in Kennett, MissouriKENNETT, MO. — Marcus & Millichap has brokered the $7 million sale of Bootheel Plaza, a 23-suite retail strip center in Kennett, located in the southeast corner of Missouri and four miles east of Arkansas.
KLNB Facilitates Sale of 75K-SF Retail Center in MarylandKLNB brokered the sale of Crestview Square, a 74,694-square-foot value-add neighborhood shopping center located at 6611 Annapolis Road in Landover Hills, Maryland.