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Hanley Investment Group Arranges Sale of Milwaukee Shopping CenterHanley Investment Group Real Estate Advisors arranged the sale of Cornerstone Shopping Center, a 13,308‑square‑foot retail center located in the North Shore trade area across from Bayshore, one of Wisconsin’s mixed‑use destinations.
Representative imageRainier Cos. Disposes of 545,204 SF Summit Woods Crossing Shopping Center in Metro Kansas CityLEE’S SUMMIT, MO. — The Rainier Cos. has sold Summit Woods Crossing, a 545,204-square-foot shopping center in Lee’s Summit, about 20 miles southeast of Kansas City. Acquired by Rainier in May 2022, Summit Woods Crossing is located at the southwest corner of I-470 and U.S.
Representative imageMidland Atlantic Underway on Grocery-Anchored Retail Property in Hebron, KentuckyHEBRON, KY. — Midland Atlantic Properties is underway on construction of The Shoppes at Hebron Pointe, a 93,875-square-foot retail property located at the corner of Graves Road and Worldwide Boulevard in Hebron, about two miles south of Cincinnati/Northern Kentucky International…
MCB Real Estate Buys 81,272 SF Grocery-Anchored Shopping Center in Largo, FloridaLARGO, FLA. — MCB Real Estate has acquired Keene Plaza, an 81,272-square-foot shopping center located at 2150 E. Bay Drive in Largo, roughly 23 miles northeast of Tampa. The seller and sales price were not disclosed.
Representative imageLee & Associates Arranges $5M Acquisition Loan for Retail Strip Center in Rumford, Rhode IslandRUMFORD, R.I. — Lee & Associates has arranged a $5 million acquisition loan for a 13,000-square-foot retail strip center in Rumford, located northeast of Providence.
Representative imageSTRIVE Arranges Sale of Two Retail Strip Centers Totaling 20,000 SF in Katy, TexasKATY, TEXAS — Dallas-based brokerage firm STRIVE has arranged the sale of Peek Plaza I & II, two 10,000-square-foot retail strip centers located in the western Houston suburb of Katy. Peek Plaza I & II were completed in late 2023 and were fully leased at the time of sale.
Phillips Edison Pays $69.1M for Orlando-Area Retail CenterPhillips Edison acquired Alafaya Square, a 168,532-square-foot grocery-anchored retail center for $69.1 million. The center is located at 81 Alafaya Woods Blvd. in Oviedo, Florida.
Brixton Offloads Dow’s 664K-SF Lake Jackson FacilityBrixton Capital sold the Dow Texas Innovation Center in Lake Jackson to ExchangeRight Essential Income REIT. Brixton Capital had owned the property since November 2020. The campus, built in 2016, spans 34 acres and comprises 664,100 square feet across four buildings.
Rich Development Trades Newly Built Shopping CenterHanley Investment Group Real Estate Advisors recently arranged the sale of Apple Valley Towne Center, a newly built 87,042-square-foot regional shopping center located at 19390 Bear Valley Rd. in Apple Valley.
JLL Brokers $20.5M Sale of Shopping Center in Hilliard, OhioHILLIARD, OHIO — JLL Capital Markets has brokered the $20.5 million sale of Hilliard Rome Commons, a 106,922-square-foot power center in the Columbus suburb of Hilliard. Michael Nieder and Brian Page of JLL represented the seller, RCG Ventures LLC. CASTO was the buyer.
Alliance Building 10th Charlotte Rental CommunityAlliance Residential Co. will break ground before the end of this year on Broadstone Enderly Park, a 336-unit community at 1306 Berryhill Road. It will be the company’s 10th apartment project in the Charlotte metro area.
Landsec Shops For More Bluewater: The London Deal SheetLandsec acquired 10% more of Bluewater, raising ownership to 74%, as it targets a £1B investment in shopping centres.
Representative imageHollingsworth Cos. to Break Ground on 150-Acre Industrial Park in East TennesseeSWEETWATER, TENN. — The Hollingsworth Cos. plans to break ground on SouthPoint Business Park, a 150-acre industrial park in Sweetwater, a city in East Tennessee located in Monroe and McMinn counties.
VanTrust Real Estate Sells Newly Built Ohio Industrial Facility to Realty IncomeJLL announced the sale of New Albany Tech Park 300, a 300,400-square-foot industrial distribution center located at 12550 Jug St. in New Albany, Ohio. JLL represented the seller, VanTrust Real Estate, in the transaction. Realty Income acquired the asset.
Slatt Capital Arranges Life Company Refi for Palm Springs RetailSlatt Capital arranged a $12,000,000 refinance for Gene Autry Plaza, a 60,629-square-foot multi-tenant retail property located in Palm Springs. Built in 2009, the property was financed through a life insurance company with a five-year term and 30-year amortization schedule.
Representative imageCanTex Capital Acquires 18,535 SF Industrial Building in New Braunfels, TexasNEW BRAUNFELS, TEXAS — Dallas-based investment firm CanTex Capital has acquired an 18,535-square-foot industrial building in New Braunfels, a northeastern suburb of San Antonio. According to LoopNet Inc., the single-tenant building at 7570 I-35 was completed in 2023.
PNC Lends $96M for Hawaii Retail Portfolio AcquisitionAloha to permanent financing. 11North Partners has landed $96 million of acquisition debt for the purchase of a two-asset grocery-anchored retail portfolio in Lahaina, Hawaii, on the island of Maui.
Berkeley Caliber Collision Sells with Long-Term UpsideMarcus & Millichap closed the sale of a 17,104-square-foot, triple-net-leased Caliber Collision property in Berkeley. The property sold for $5 million, or $292.33 per square foot.
JLL Arranges $20M Sale of Fully Leased 107K-SF Retail Center in OhioJLL arranged the $20.55 million sale of Hilliard Rome Commons, a 106,922-square-foot power center located at 1710 Hilliard Rome Road in Hilliard, Ohio. JLL represented the seller, RCG Ventures, LLC, in the transaction. CASTO acquired the asset.
Atlantic Capital Partners Brokers $18.2M Sale of Shopping Center in Dalton, GeorgiaDALTON, GA. — Atlantic Capital Partners has brokered the $18.2 million sale of Walnut Square, a 127,391-square-foot, newly constructed shopping center in Dalton, a North Georgia city near the Tennessee border.