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Major Sparks Retail Center Trades for $103MA 41-acre premier mixed-use retail and entertainment destination has traded hands in Sparks, Nevada. Legends at Sparks Marina traded for $103 million. Newmark’s Kyle Miller and Rob Ippolito represented the seller, BIG Shopping Centers USA and RED Development, in the transaction.
SRS Real Estate Negotiates $8M Sale of Retail Center in Mandeville, LouisianaMANDEVILLE, LA. — SRS Real Estate Partners has negotiated the $8 million sale of Mandeville Marketplace, a 62,324-square-foot retail center located in Mandeville.
Colliers Negotiates Sale of 30,865 SF Retail Center in Statesboro, GeorgiaSTATESBORO, GA. — Colliers has negotiated the sale of University Station, a newly constructed, 30,865-square-foot retail center located near the Georgia Southern University campus in Statesboro.
Representative imageJLL Negotiates Sale of 291,958 SF Shopping Center in Paris, TexasPARIS, TEXAS — JLL has negotiated the sale of a 291,958-square-foot shopping center in Paris, about 100 miles northeast of Dallas. Paris Towne Center was built in 1976 and is home to tenants such as Aldi, Hobby Lobby, Ross Dress for Less, T.J.
AV Management Nabs SoHo Mixed-Use for $43MCushman & Wakefield arranged the sale of 73-75 Sullivan St., a newly constructed mixed-use property totaling 32,957 square feet and comprising 11 residential units and a ground-floor commercial space anchored by The Montessori School. The final sale price was $43,333,000.
JLL Brokers Sale of 273,105 SF Shopping Center in RaleighRALEIGH, N.C. — JLL has brokered the $36 million sale of Townridge Shopping Center, a 273,105-square-foot shopping center in Raleigh. Tom Kolarczyk, Michael Nieder and Brian Page of JLL represented the seller, Zeisler-Morgan Properties, in the transaction.
Finmarc Sells Shopping Center in Manassas, Virginia for $24.5MMANASSAS, VA. — Bethesda, Md.-based Finmarc Management Inc. has sold Festival at Manassas, a 117,675-square-foot shopping center in Northern Virginia, for $24.5 million. JCR Cos. purchased the grocery-anchored property, which is located at 10288-10388 Festival Lane in Manassas.
JLL Negotiates $30.4M Sale of Fully Leased Retail Center in Chula Vista, CaliforniaCHULA VISTA, CALIF. — JLL Capital Markets has arranged the $30.4 million sale of Terra Nova Plaza, a fully leased retail center in the San Diego Bay city of Chula Vista. A global investment manager sold the property to an undisclosed buyer.
Ryman Acquires Orlando Resorts for Record $1.38BTrinity Investments sold the Grande Lakes Orlando Resort, a 409-acre luxury complex anchored by a 582-key Ritz-Carlton (shown) and a 1,010-key JW Marriott, for $1.38 billion to Ryman Hospitality Properties, Inc.
Representative imageMarcus & Millichap Brokers Sale of 17,107 SF Retail Strip Center in Flower Mound, TexasFLOWER MOUND, TEXAS — Marcus & Millichap has brokered the sale of Long Prairie Plaza, a 17,107-square-foot retail strip center in Flower Mound, located in the northern-central part of the metroplex.
Matawan Retail Trades to Private Investor for $15MMarcus & Millichap completed the sale of Park Plaza, a retail center in Matawan, NJ. The asset sold for $14.67 million.
SimonCRE Acquires WA Retail Plaza for $12M, Plans RedevelopmentScottsdale, Arizona-based investor SimonCRE has acquired Island Plaza, a 92,112-square-foot shopping center located in Oak Harbor on Whidbey Island, with plans for redevelopment.
Representative imageMarcus & Millichap Brokers Sale of 94,532 SF Shopping Center in Wichita Falls, TexasWICHITA FALLS, TEXAS — Marcus & Millichap has brokered the sale of Parker Square Shopping Center, a 94,532-square-foot retail center in Wichita Falls, about 115 miles northwest of Fort Worth.
Representative imageMinto Communities Sells Land in South Florida to Walmart for New SupercenterWESTLAKE, FLA. — Minto Communities USA has sold a 24-acre parcel at Town Center West in Westlake, a master-planned community in South Florida’s Palm Beach County.
Marcus & Millichap Brokers $3.3M Sale of Retail Center in Metro CharlotteINDIAN TRAIL, N.C. — Marcus & Millichap has brokered the $3.3 million sale of Village Shoppes, an unanchored retail strip center located at 323 Unionville Indian Trail Road in Indian Trail, about 16 miles southeast of Charlotte.
Representative imageSchuckman Realty Buys Northeast Queens Shopping Center for $56MPunia & Marx Real Estate sold the Whitestone Shopping Center in Queens for $56 million. Long Island-based Schuckman Realty purchased the Key Food-anchored property at 153-15 Cross Island Parkway, according to a deed transfer in property records filed Friday.
EDENS Picks Up 179K-SF FW Retail CenterA 179,376-square-foot retail center in Fort Worth has traded hands. JLL represented the seller, Dunhill. The buyer was EDENS. The Village at Camp Bowie sits along Camp Bowie Boulevard.
Representative imageJLL Brokers Sale of 113,823 SF Shopping Center in North DallasDALLAS — JLL has brokered the sale of Pavilion on Lovers Lane, a 113,823-square-foot shopping center in North Dallas.
Hendon Properties Acquires 734,199 SF Shopping Center in Parma, OhioPARMA, OHIO — Hendon Properties, in a joint venture with Axiom Realty and Peaceable Street Capital, has acquired The Shoppes at Parma in the Cleveland suburb of Parma.
Atlantic Capital Partners Sells Retail Plaza in OhioAtlantic Capital Partners announced the sale of North Towne Commons, a 98,268-square-foot neighborhood shopping center located in Toledo, Ohio, for $6.2 million.