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Shopping centers news – page 18
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Representative imageJLL Arranges $20.5M Loan for Refinancing of Coastal New Jersey Shopping CenterSTAFFORD TOWNSHIP, N.J. — JLL has arranged a $20.5 million loan for the refinancing of Stafford Park, a 140,893-square-foot shopping center in Stafford Township, located I coastal New Jersey.
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.
Newquest Announces Milestone for $400M Katy DevelopmentNewQuest has broken ground on the multi-tenant component of the $400 million Texas Heritage Marketplace.
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.
Atlas Hill, Centennial Sign Four New Tenants and Expand Lululemon at Annapolis MallANNAPOLIS, MD. — Atlas Hill RE and Centennial have signed five new tenants at Annapolis Mall, a 1.6 million-square-foot super-regional shopping center located in Annapolis, approximately 30 miles east of Washington, D.C.
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.
Retail Center Owner Obtains Refi on 84K-SF Punta Gorda DevelopmentKitson & Partners inked a $17.7. million refinancing for Crescent B Commons, a 100%-leased, 84,410-square-foot Publix-anchored neighborhood shopping center located within the Babcock Ranch master-planned community at 42031 Cypress Parkway in Punta Gorda, Florida.
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.
Teapulse Signs Plaza District Lease for Eighth LocationManhattan Skyline Management Corp. secured a new long-term retail lease with tea and pastry shop Teapulse at 1375B Sixth Ave. in Midtown Manhattan’s Plaza District. It represents Teapulse’s eighth location across Manhattan, Brooklyn and Queens.
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.
Representative imageOceanwide Plaza Bidder Has History as Colorful as the L.A. Towers He Wants to RescueWhen news broke in late February that there may be potential buyers for Downtown Los Angeles’ infamous Graffiti Towers, it seemed like the saga of the delayed, abandoned and spray-painted megaproject was finally entering a new chapter.
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.
Gantry Secures $22M Loan for St. Louis Region Retail CenterGantry has secured a $22 million permanent loan to refinance maturing debt for Chesterfield Commons, a high-performance retail power center located in Chesterfield, a suburb west of St. Louis.