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Colliers Negotiates $14M Sale of Shopping Center in Gulf Breeze, FloridaGULF BREEZE, FLA. — Colliers has negotiated the $14 million sale of Live Oak Village, a 107,065-square-foot shopping center located at 1151 Gulf Breeze Parkway in Gulf Breeze, a beach town in Florida’s Panhandle.
Howard University, Developers Break Ground on 11-Story Multifamily Development in D.C.WASHINGTON, D.C. — Howard University and a development team comprising Lowe, Affinius Capital, FLGA and Davenport Group have broken ground on The Hazel, an 11-story multifamily building in Washington, D.C.’s Shaw district.
Cronheim Mortgage Arranges $70M Acquisition Loan for Long Island Shopping CenterCOMMACK, N.Y. — New Jersey-based intermediary Cronheim Mortgage has arranged a $70 million acquisition loan for the 221,000-square-foot Mayfair Shopping Center in Commack, located on Long Island. Built in 1958, the center was 99 percent leased at the time of sale.
Representative imageCushman & Wakefield Brokers $109.5M Sale of Northern New Jersey Shopping CenterWOODCLIFF LAKE, N.J. — Cushman & Wakefield has brokered the $109.5 million sale of Tice’s Corner, a lifestyle shopping center located in the Northern New Jersey community of Woodcliff Lake.
Colliers Arranges $71M Sale of Chicago Educational FacilityColliers announced the $70.6 million sale of a purpose-built educational facility located at 161 W. 9th Street within Chicago’s Roosevelt Collection.
Nuveen Acquires $445M Retail Portfolio Across Three Western StatesNuveen Real Estate has acquired a 13-property retail portfolio in California, Colorado and Washington for $445.5 million in what is likely one of the largest grocery-anchored shopping center transactions in the Western U.S. in recent years. The portfolio is 93.5 percent leased.
Louisiana’s Industrial Market Looks Past Constraints Toward Mega ProjectsSupply constraint has been the story of the greater New Orleans industrial market for the past seven to 10 years. Institutional capital is reluctant to develop new projects in smaller markets, despite national demand trends.
Representative imageWeitzman Arranges Sale of 17,836 SF Retail Strip Center in ArlingtonARLINGTON, TEXAS — Weitzman has arranged the sale of Cooper Oaks, a 17,836-square-foot retail strip center in Arlington.
Representative imageMarcus & Millichap Brokers $7.3M Sale of Retail Building Leased to 7-Eleven in Alice, TexasALICE, TEXAS — Marcus & Millichap has brokered the $7.3 million sale of a 4,874-square-foot retail building in Alice, about 50 miles west of Corpus Christi, that is leased to 7-Eleven. The building was constructed on a 1.9-acre site at 1910 E. Main St. in 2025.
Representative imageWayfair to Open 95,000 SF Store at North Hills Village in PittsburghPITTSBURGH — Wayfair will open a 95,000-square-foot store in Pittsburgh. The store, which will be located just outside the downtown area within the North Hills Village shopping center, will be the first in Pennsylvania for the Boston-based furniture provider.
Core Acquisitions, Midloch Investment Buy Shopping Center Near Denver for $30.2MLAKEWOOD, COLO. — Deerfield, Ill.-based Core Acquisitions and Chicago-based Midloch Investment Partners have acquired Lamar Station Plaza, a regional shopping center in Lakewood, approximately five miles west of downtown Denver.
Alliance Residential Underway on 388-Unit Multifamily Project in Spring, TexasSPRING, TEXAS — Alliance Residential is underway on construction of Broadstone Gosling Oaks, a 388-unit multifamily project in the northern Houston suburb of Spring.
Matthews Brokers Sale of Magnolia Marketplace Shopping Center in New OrleansNEW ORLEANS — Matthews has brokered the sale of Magnolia Marketplace, a 115,281-square-foot shopping center located at 2900 S. Claiborne Ave. in New Orleans.
JLL Negotiates $32.5M Sale of Power Retail Center in BirminghamBIRMINGHAM, ALA. — JLL has negotiated the $32.5 million sale of the second phase of Village at Lee Branch, a power retail center located at 1201 Doug Baker Blvd. in Birmingham.
RCG Ventures Picks Up 207K-SF Tucker Retail CenterRCG Ventures acquired the Tucker Meridian Shopping Center in Tucker, Georgia. Ben F. Kushner Company was the seller. The sales price was not disclosed. Kushner demolished an office park to make way for the retail center in 2015.
Atlantic Capital Partners Brokers $7M Sale of Shopping Center in Hope Mills, North CarolinaHOPE MILLS, N.C. — Atlantic Capital Partners has brokered the sale of Hope Mills Crossing, a 53,204-square-foot shopping center located in Hope Mills, roughly five miles south of Fayetteville. The property sold for more than $7 million, according to Atlantic Capital.
SRS Negotiates $8.9M Ground Lease Sale of Miami Restaurant Leased to Chick-fil-AMIAMI — SRS Real Estate Partners has negotiated the $8.9 million ground lease sale of a restaurant property located at 18240 S. Dixie Highway in Miami.
Gantry Secures $31M Refinancing for Value-Add Retail Property in Southern CaliforniaLANCASTER, CALIF. — Gantry has secured a $31 million permanent refinance for the Valley Central Shoppes, located at 44410-44690 Valley Central Way in Lancaster. Tony Kaufmann, Jake Davis and Ramza Zeiter of Gantry represented the borrower, a private real estate investor.
Urban Edge Pays $90.3M for 140K-SF Boca Raton Retail CenterUrban Edge Properties acquired Regency Court, a premier 140,000-square-foot grocery-anchored shopping center in Boca Raton, Florida, for a purchase price of $90.3 million. Invesco was the seller. The property is anchored by Publix and Walgreens.
Fourth Sale Closes in Anaheim Multifamily PortfolioMarcus & Millichap arranged the sale of Knott-Orange Apartments, a 35-unit multifamily property located at 515 S. Knott Ave. in Anaheim. The property sold for $9.65 million, or $275,714 per unit.