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Market Data
Shopping centers: deals – page 6
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Avalon Bay Planning Apartments, Retail in South MiamiAvalon Bay Communities purchased a full city block in South Miami, clearing the way for a mixed-use community. AvalonBay acquired the approximately 1.18-acre site from longtime owner Robins Plaza for a base purchase price of $22 million in an off-market transaction.
Representative imageDIG Arranges Recapitalization of 117,594 SF Shopping Center in PlanoPLANO, TEXAS — Local brokerage firm Disney Investment Group (DIG) has arranged the recapitalization of Custer Park, a 117,594-square-foot shopping center in Plano.
JLL Brokers Sale of 33,140 SF Retail Center in Chicago’s Lincoln ParkCHICAGO — JLL Capital Markets has brokered the sale of Clybourn Center, a 33,140-square-foot unanchored strip center in Chicago’s Lincoln Park neighborhood.
JLL Arranges Sale of Lincoln Park Retail Center to Curbline PropertiesJLL has secured the sale of Clybourn Center, a 33,140-square-foot unanchored strip center strategically located in Chicago’s Lincoln Park neighborhood.
Phoenix Commercial Advisors Directs $10.7M Sale of Retail Center in Surprise, ArizonaSURPRISE, ARIZ. — Phoenix Commercial Advisors has directed the $10.7 million sale of Grand Village Center, a necessity-based retail center in Surprise. The asset traded for $203 per square foot.
Representative imageJLL Brokers Sale of 29,986 SF Retail Strip Center in Katy, TexasKATY, TEXAS — JLL has brokered the sale of Firethorne Plaza, a 29,986-square-foot retail strip center in the western Houston suburb of Katy.
DLC Pays $36.6M for Charlotte Retail CenterDLC Management paid $36.6 million for Perimeter Woods, a 127,000 square foot retail center across from Northlake Mall in Charlotte. Kite Realty was the seller.
Representative imagePrudent Growth Acquires 28,850 SF Retail Center in Rowlett, TexasROWLETT, TEXAS — North Carolina-based investment firm Prudent Growth Partners has acquired Scenic Square, a 28,850-square-foot retail center in Rowlett, approximately 20 miles northeast of Dallas. The sales price was $7.4 million.
FrostPoint Capital Acquires 22,069 SF Metro Birmingham Retail Center for $5.6MHOOVER, ALA. — FrostPoint Capital has acquired Lake Crest Plaza, a 22,069-square-foot retail center located in Hoover, roughly 10 miles south of Birmingham, for $5.6 million. The seller requested anonymity.
Representative imageGart Properties Acquires 158,000 SF Shopping Center in Kansas CityKANSAS CITY, MO. — Gart Properties has acquired Village at Burlington Creek, a 158,000-square-foot, grocery-anchored shopping center in Kansas City’s Northland corridor.
Rancho Cucamonga Neighborhood Retail Sells for $6M Off-MarketProgressive Real Estate Partners has closed the $6-million, off-market acquisition of Allmark Plaza, 16,926-square-foot multi-tenant unanchored neighborhood retail center located at 10060-10080 Arrow Route in Rancho Cucamonga, to an Orange County-based private investor.
Representative imageMarcus & Millichap Brokers Sale of 46,822 SF Retail Center in IrvingIRVING, TEXAS — Marcus & Millichap has brokered the sale of Market Square, a 46,822-square-foot retail center in Irving’s Las Colinas district. Market Square was built in 1984 and houses a mix of service-oriented tenants under triple-net agreements.
Representative imageMarcus & Millichap Brokers Sale of 13,611 SF Retail Strip Center in San Marcos, TexasSAN MARCOS, TEXAS — Marcus & Millichap has brokered the sale of Centerpoint Plaza, a 13,611-square-foot retail strip center in San Marcos, located roughly midway between Austin and San Antonio.
290K-SF Paris Retail Center Trades HandsCulpetter Realty sold the Paris Towne Center, a 291,958-square-foot, grocery-anchored retail center located in Paris, Texas. The buyer was Corsair Property Company. Paris Towne Center is at the intersection of SE Loop 286 and US Highway 82.
Representative imageAtlantic Capital Partners Negotiates $7.7M Sale of Shopping Center in Wilmington, MassachusettsWILMINGTON, MASS. — Local brokerage firm Atlantic Capital Partners (ACP) has arranged the $7.7 million sale of a 53,679-square-foot shopping center in Wilmington, located north of Boston.
TA Realty Buys Two Staten Island Retail Buildings for $79MBoston-based real estate investment firm TA Realty has purchased two buildings within Staten Island’s Tysens Park Shopping Center, according to property records made public Monday.
Greenstone Partners Facilitates Sale of Forest Park Retail CenterGreenstone Partners arranged the sale of Circle Plaza, a 100% occupied multi-tenant retail center located in Forest Park, Illinois, for $8.41 million. The transaction was brokered by Greenstone Partner and Investment Advisor Connor Sheedy.
Regency Centers Picks Up Denver-Area Retail CenterCushman & Wakefield arranged the $37.1 million sale of Shops at Highland Walk, a 94,795-square-foot King Soopers-anchored shopping center in Highlands Ranch, a suburb south of Denver.
JV Acquires 441K-SF Cedar Park Retail CenterSterling and a Cohen & Steers REIT purchased the 1890 Ranch, a 441,620-square-foot retail center located at 1335 E. Whitestone Blvd. in Cedar Park, Texas.
Representative imageJoint Venture Acquires 348,742 SF Retail Power Center in Ramsey, New JerseyRAMSEY, N.J. — A joint venture between New York City–based alternative asset manager Wafra and local owner-operator Crossroads Cos. has acquired a 348,742-square-foot retail power center in Ramsey, located near the New York-New Jersey border.