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Northmarq Arranges Refi for Grocery-Anchored Queens RetailNorthmarq’s New York Metro Debt + Equity team led by Robert Delitsky and Keith Braddish arranged the $15-million refinance of Atlantic Plaza Shopping Center.
Representative imageJLL Negotiates $8.5M Sale of Grocery Building in Beverly, MassachusettsBEVERLY, MASS. — JLL has negotiated the $8.5 million sale of a 60,666-square-foot grocery building in Beverly, a northeastern suburb of Boston, that is fully leased to regional operator Stop & Shop.
Publix-Anchored Jax Retail Center Changes HandsTSCG brokered the sale of The Plaza at Normandy, a newly developed, Publix-anchored shopping center in Jacksonville, Florida, for $20.6 million.
TSCG Arranges $20.7M Sale of Publix-Anchored Shopping Center in JacksonvilleJACKSONVILLE, FLA. — TSCG has brokered the $20.7 million sale of The Plaza at Normandy, a Publix-anchored shopping center located at the intersection of Normandy Boulevard and Chaffee Road South in Jacksonville.
Representative imageInstacart Takes 26K SF at ESRT’s 111 West 33rd StreetGrocery delivery app Instacart is getting a bigger home in Midtown. The San Francisco-based technology company has signed a 26,134-square-foot lease at Empire State Realty Trust (ESRT)’s 111 West 33rd Street, the landlord announced Monday.
Intercontinental Real Estate Corporation Acquires Grocery-Anchored Retail Center in Auburn for $70MBoston-based Intercontinental Real Estate Corporation has acquired Lakeland Town Center, a 125,233-square-foot grocery-anchored retail center located in Auburn, Washington, for $69.5 million.
Affinius Capital Provides $35M Refi for Grocery-Office Asset Near HoustonHoward Hughes Communities has secured a $35 million loan to refinance Village Green at Bridgeland Central, a nearly 200,000-square-foot mixed-use development that includes retail and office space in Cypress, Texas, Commercial Observer can first report.
JLL Arranges $20.5M Sale of Crown Valley Mall in Laguna Niguel, CaliforniaLAGUNA NIGUEL, CALIF. — JLL Capital Markets has arranged the $20.5 million sale of Crown Valley Mall, a grocery-anchored retail center located near Laguna Beach.
Newmark Arranges Sale of Whole Foods-Anchored Shopping Center in JacksonJACKSON, MISS. — Newmark has arranged the sale of Highland Village, a 217,589-square-foot shopping center located at 4500 I-55 N in Jackson.
Ideal Marketplace Renews 15K-SF Grocery Store at Chelsea’s 317 Ninth AvenueSupermarket chain Ideal Marketplace has renewed the lease on its 14,770-square-foot store in Manhattan’s Chelsea neighborhood.
Representative imageSedano’s Buys Miami-Dade Retail Center Where It Operates a SupermarketSedano’s Supermarkets purchased one of the retail centers it anchors in Miami-Dade County, property records show.
SJC Ventures Opens 43,000 SF Whole Foods Grocery Store in Doral, FloridaDORAL, FLA. — Atlanta-based SJC Ventures has opened a 43,000-square-foot Whole Foods Market in Doral, a western suburb of Miami. The grocery store anchors Doral Marketplace, a nearly 90,000-square-foot shopping center, and includes 500 products from Florida-based suppliers.
Transit-Oriented Fair Lawn Multifamily Scores $67M Construction LoanPCCP has provided a $66.85-million senior loan to Sterling Properties and Danbro Properties for the construction of Plaza Greene, a 145-unit, Class A, 55+ multifamily community with a ground-floor grocer in Fair Lawn, NJ.
Kroger to Buy Grocer Giant Eagle in $1.6B DealU.S. grocer Kroger has reached a $1.65 billion deal to buy regional supermarket chain Giant Eagle, strengthening its presence in the Midwest and the Mid-Atlantic region.
Northmarq Arranges Life Company Loan on Grocery-Anchored Long Island RetailNorthmarq’s New York Metro Debt + Equity team, led by Robert Delitsky and Dylan Hamer, arranged a $13.5-million financing for Strathmore Commons Shopping Mall, a 146,381-square-foot grocery-anchored retail center located in Middle Island, NY, within Long Island’s Suffolk County.
Kroger Agrees To Acquire Giant Eagle For $1.65BSupermarket giant Kroger announced a $1.65B deal to acquire Pennsylvania-based grocery chain Giant Eagle, just 18 months after its $25B megamerger with Albertsons fell apart. Kroger's acquisition price includes $1.25B in cash considerations and the...
MetLife Forecloses on Upper East Side Grocery Retail CondominiumMetLife has taken back the keys from one of its borrowers for a grocery retail property and parking garage on Manhattan’s Upper East Side in a transaction valued at $44.1 million.
MCB Acquires Stake in Trader Joe’s-Anchored Shopping Center in Annapolis, MarylandANNAPOLIS, MD. — MCB Real Estate has purchased an ownership interest in Annapolis Plaza, a 165,565-square-foot shopping center located at 150 Jennifer Road in Annapolis.
JLL Brokers $23.5M Sale of Aldi-Anchored Shopping Center in Port Charlotte, FloridaPORT CHARLOTTE, FLA. — JLL has brokered the $23.5 million sale of Promenades Port Charlotte, a grocery-anchored shopping center located at 3280 Tamiami Trail in Port Charlotte.
Representative imageMatthews Arranges Sale of 76,269 SF Kroger Store in Columbus, MississippiCOLUMBUS, MISS. — Matthews has arranged the sale of a 76,269-square-foot Kroger grocery store located at 1829 U.S. Highway 45 N in Columbus, about 26 miles east of Starkville, Miss.