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Grocery news – page 5
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11North Acquires 285,497 SF Grocery-Anchored Retail Center in Altamonte Springs, FloridaALTAMONTE SPRINGS, FLA. — 11North Partners has acquired West Town Corners, a 285,497-square-foot retail center located in Altamonte Springs, roughly 16 miles north of Orlando. Winn-Dixie anchors the property, which features a mix of additional tenants including PetSmart, T.J.
Ardent Signs Sprouts Farmers Market to Anchor Crossroads Shopping Center in SavannahSAVANNAH, GA. — The Ardent Cos. has signed Sprouts Farmers Market to anchor Crossroads Shopping Center, a 92,000-square-foot retail center located in Savannah. Ardent will redevelop 28,000 square feet for the addition of Sprouts Farmers Market, as well as a second retail suite.
Cushman & Wakefield Negotiates Sale of Publix-Anchored Shopping Center in Central FloridaLONGWOOD, FLA. — Cushman & Wakefield has negotiated the sale of the Shoppes of Sweetwater, a 64,253-square-foot, Publix-anchored shopping center located at 3857 Wekiva Springs Road in Longwood, roughly 15 miles north of Orlando.
Representative imageKPR Sells Grocery-Anchored Power Center in Metro JacksonvilleA private investor purchased the 174,000-square-foot asset. The post KPR Sells Grocery-Anchored Power Center in Metro Jacksonville appeared first on Commercial Property Executive.
CenterCal, Perry Commercial Break Ground on Whole Foods-Anchored Retail Development Near Salt Lake CityLEHI, UTAH — CenterCal Properties, in partnership with Perry Commercial, has broken ground on The Collective at Morning Vista, a 134,000-square-foot retail development located in Lehi’s Silicon Slopes district, roughly 25 miles south of Salt Lake City.
Beverly Supermarket Trades on Site of Original Marshalls StoreJLL Capital Markets arranged the $8.5-million sale of Stop & Shop – Beverly, a standalone, 60,666-square-foot retail property located at 37 Enon St. in Beverly, MA and leased to Stop & Shop, which has operated there since 1986.
Grocery-Anchored Bayside Center Secures $150M FinancingJLL Capital Markets has arranged $150 million in financing for Bay Terrace Shopping Center, a premier grocery-anchored shopping center located in the Bayside neighborhood of Queens.
TSCG Signs Sprouts Farmers Market to Anchor Columbia Shopping Center Redevelopment ProjectCOLUMBIA, S.C. — TSCG has signed Sprouts Farmers Market to anchor Devine Crossing, a redevelopment project located in Columbia.
Representative imageCrunch Fitness Opens 25,000 SF Gym in Aberdeen, New JerseyABDERDEEN, N.J. — Crunch Fitness has opened a 25,000-square-foot gym in Aberdeen, about 40 miles south of New York City. The space is located within Regent Shopping Center, a 178,000-square-foot, grocery-anchored development.
Associated Bank Completes $23M Retail Redevelopment Loan in Buffalo GroveAssociated Bank announced the completion of a $22.6 million loan to Shorewood Development Group for the acquisition and renovation of a vacant 66,083-square-foot former grocery store at 1160 W. Lake Cook Road in Buffalo Grove, Illinois.
Representative imageCBRE Investment Management JV Buys 1.1 MSF Retail PortfolioThe joint venture with MCB Real Estate includes grocery-anchored properties in five states. The post CBRE Investment Management JV Buys 1.1 MSF Retail Portfolio appeared first on Commercial Property Executive.
Redlands City Council Approves Whole Foods-Anchored Retail CenterThe Marketplace, a Whole Foods-anchored retail development designed by KTGY Architects for Regency Centers, received unanimous approval recently from the Redlands City Council, clearing the way for the development to move forward to building permits and construction.
CBRE Investment Management, MCB Real Estate Buy U.S. Grocery-Anchored PortfolioCBRE Investment Management, an independent affiliate and specialized investment arm of CBRE, has expanded its U.S. retail platform with the acquisition of a grocery-anchored portfolio spanning five states, according to a Wednesday announcement.
Hubbard Street Group Secures Lease with Whole Foods Market in East LakeviewHubbard Street Group announced it secured Whole Foods Market for Chicago’s East Lakeview neighborhood at the intersection of Halsted Street and Belmont Avenue.
G4 Capital Takes Over Site of Williamsburg Trader Joe’s for $65MThe site of a Trader Joe’s in Williamsburg, Brooklyn, has been handed over to its lender for $65 million following a planned foreclosure auction, according to city records made public Thursday.
PCCP Provides $130M Construction Loan for Mott Haven Mixed-Use ProjectA joint venture between Shorewood Real Estate Group and Bogopa Enterprises has secured $130 million in construction financing to build The 360, a 13-story, grocery-anchored residential property that will deliver 304 apartment units to the Bronx, Commercial Observer can first…
Medipower Acquires Four Atlanta-Area Retail CentersMedipower has added seven grocery-anchored retail centers to its US portfolio, four in the Atlanta metro area. The Israeli-based company paid $115 million for the grouping of centers. A number of the centers are found on the SITE Centers website.
California Bill Could Require Apartment Developers to Fund Grocery ConstructionCalifornia rental housing developers could be required to fund grocery store construction or set aside space for a future store near their projects under a bill being considered in the state Legislature, the California Apartment Association reported.
JLL Arranges $74.5M Refinancing for Trader Joe’s-Anchored Shopping Center in CharlottesvilleCHARLOTTESVILLE, VA. — JLL Capital Markets has arranged a $74.5 million loan for the refinancing of the Shops at Stonefield, a 267,294-square-foot shopping center located in the Central Virginia city of Charlottesville, just two miles north of the University of Virginia.
Representative imageKroger to Open 99,000 SF Store at Custer Frontier Marketplace in McKinney, TexasMCKINNEY, TEXAS — Kroger will open a 99,000-square-foot store at Custer Frontier Marketplace, a 170,000-square-foot retail development in McKinney, a northern suburb of Dallas.