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Block & Co. Brokers Sale of 81,884 SF Shopping Center in Kansas CityKANSAS CITY, MO. — Block & Co. Inc. Realtors has brokered the sale of the New Mark Shopping Center, an 81,884-square-foot neighborhood retail center in Kansas City anchored by a 52,000-square-foot Sun Fresh Grocery store. The property was 95 percent leased at the time of sale.
NY Blood Center Opens First Bronx Location in Throggs NeckSimone Development Companies recently joined executives and staff of the New York Blood Center (NYBC) in celebrating the grand opening of the new 4,000-square-foot Bronx Donor Center at the Throggs Neck Shopping Center at 815 Hutchinson River Pkwy.
Escape Room Escapology to Open in 7K SF at 45 Rockefeller PlazaThis retail tenant couldn’t escape the draw of Rockefeller Plaza.
Phillips Edison Snags Unanchored West Covina Retail CenterJLL Capital Markets represented a private seller in the $25.78-million sale of Shops at Plaza West Covina, a 46,406-square-foot shopping center located in West Covina. The buyer was Phillips Edison & Company. Plaza West Covina is located at 310 S California Ave.
Palladium Advancing on 327-Unit McKinney Apartment CommunityPalladium USA closed on financing for Palladium Craig Ranch in McKinney, a new 327-unit multifamily development in Craig Ranch Town Center.
“Small-Format” IKEA Opening in PhoenixA small-format IKEA is getting ready to open at the Village Square II shopping center at 4643 E. Cactus Road. The smaller store will still be 75,000 square feet. It’s taking over the spot formerly occupied by Hobby Lobby.
Representative imageMarcus & Millichap Negotiates $14.3M Sale of Shopping Center in Rocky Hill, ConnecticutROCKY HILL, CONN. — Marcus & Millichap has negotiated the $14.3 million sale of Big Y Plaza, a 60,497-square-foot shopping center in Rocky Hill, located south of Hartford.
Northwell Health Acquires 338K-SF Queens Retail Center for $235MNorthwell Health has acquired a vacant retail site in a move that could point toward a retrofit.
Investment Firm Brown Advisory Takes 35K SF at 520 Madison AvenueBrown Advisory, an investment advisory firm, is moving its headquarters to Tishman Speyer’s 1 million-square-foot Plaza District office tower at 520 Madison Avenue, Commercial Observer has learned.
Representative imageCBRE Brokers Sale of 290,016 SF Village Park Plaza Shopping Center in Metro IndianapolisCARMEL, IND. — CBRE has brokered the sale of Village Park Plaza, a 290,016-square-foot shopping center in the Indianapolis suburb of Carmel.
Transwestern Negotiates 72,645 SF Office Lease at Michigan Plaza in ChicagoCHICAGO — Transwestern has negotiated a 72,645-square-foot office lease at Michigan Plaza in Chicago. Mark Buth, Kathleen Bertrand and Steve Hennessy of Transwestern represented the landlord, Aegis Asset Management.
Federal Realty Investment Trust Plans Upgrades for Arlington Shopping CenterFederal Realty Investment Trust announced a phased program of comprehensive enhancements at the Village at Shirlington, the first large shopping center to open in the Washington, D.C. suburbs.
Phillips Edison Buys SoCal Shopping Plaza for $26MOne of the country’s largest owners of grocery-anchored plazas has acquired another retail property in Southern California’s Inland Empire region.
Nationwide Realty Investors Unveils Renovation of Columbus Mixed-Use ProjectNationwide Realty Investors announced a major renovation of the 18-story tower at 280 High, formerly known as Two Nationwide Plaza, in downtown Columbus. The building will be renamed The Centennial on High.
Excelsior Care Group Buys Queens Nursing Home for $75MExcelsior Care Group, a network of rehabilitation and elder care services in New York and New Jersey, has acquired the Union Plaza Care Center in Flushing, Queens, for $75 million, property records made public Thursday show.
Representative imageSouth Korean Government Signs 43K-SF Lease at 445 Park AvenueThe South Korean consulate is relocating its offices within Manhattan’s Plaza District. The Consulate General of the Republic of Korea has signed a 43,493-square-foot lease at Circle Realty Group’s 445 Park Avenue, according to the landlord. Traded first posted the news.
Banyan Street, Lafayette Street Acquire Harborview Plaza Offices in Tampa for $39.5MTAMPA, FLA. — A partnership between Banyan Street Capital and Lafayette Street Capital has acquired Harborview Plaza, a 6.7-acre, waterfront office complex in Tampa’s Westshore submarket. Atlanta-based Cousins Properties sold the 206,329-square-foot property for $39.5 million.
Phillips Edison & Co. Buys 46,406 SF Shops at Plaza West Covina in CaliforniaWEST COVINA, CALIF. — Phillips Edison & Co. has acquired Shops at Plaza West Covina, a retail property located at 310 S. California Ave. in West Covina, from an undisclosed seller for $25.8 million.
JLL Brokers Sale of Overlook at Oakbrook Retail Center in Metro Chicago for $44MOAK BROOK, ILL. — JLL Capital Markets has brokered the $44 million sale of Overlook at Oakbrook, an unanchored retail strip center in Oak Brook that was constructed in 2023 and is located across from Oakbrook Center shopping mall.
Well-Located Neighborhood Strip Center Sells for $11MAtlantic Capital Partners closed the sale of 18-20 Main St., a fully leased neighborhood strip center located in North Reading, MA, within affluent Middlesex County.