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Gateway-Plaza-Gateway-Courtyard-Fairfield-CA
CaliforniaLoansRetailWestern

JLL Arranges $38M Refinancing for Two Retail Centers in Fairfield, California

by Amy Works

FAIRFIELD, CALIF. — JLL Capital Markets has arranged $38 million in refinancing for Gateway Plaza and a portion of Gateway Courtyard, two adjacent retail properties in Fairfield. Alex Olson and Danny Ryan of JLL represented the undisclosed borrower in the transaction. Anchored by Trader Joe’s, Gateway Plaza is fully leased to a mix of tenants including Ross Dress for Less, Michaels, Big 5 Sporting Goods and Petco. Gateway Courtyard is also fully occupied by tenants such as Panera Bread, Wingstop, Panda Express, T-Mobile, The Picklr and Nick the Greek.

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Vistancia-Commerce-Park-FIVE-NORTH-Peoria-AZ
ArizonaDevelopmentIndustrialWestern

Barclay Group to Develop 239,700 SF Spec Industrial Park in Peoria, Arizona

by Amy Works

PEORIA, ARIZ. — Barclay Group is developing Vistancia Commerce Park at FIVE NORTH, a speculative industrial park within the 7,100-acre Vistancia master-planned community in Peoria’s Northern Peoria Corridor. Vistancia Commerce Park at FIVE NORTH will feature 239,700 square feet of industrial space spread across four flexible building configurations. The park will include the 43,600-square-foot Building A, 54,500-square-foot Building B, 48,000-square-foot Building C and 93,600-square-foot Building D, with space divisible down to 9,400 square feet. Buildings will offer 28-foot to 32-foot clear heights, full HVAC, LED lighting and 3,000 amps of power (expandable) per building, as well as both dock- and grade-level loading capabilities. Construction is slated to begin in second-quarter 2026, with delivery expected in second-quarter 2027. Butler Design Group is serving as architect and GM Civil is serving as civil engineer. Riley Gilbert, Marc Hertzberg, Kelly Royle and Nicole Marshall of JLL are handling leasing for the project.

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AcquisitionsArizonaRetailWestern

Cushman & Wakefield | PICOR Brokers Sale of 88,848 SF Retail Space in Tucson

by Amy Works

TUCSON, ARIZ. —  Cushman & Wakefield | PICOR has arranged the sale of a 88,848-square-foot retail space at 9550 E. Golf Links Road in Tucson. Bob Speedway LLC acquired the property from Leyenda En Tiempo for $5.7 million. Greg Furrier and Natalie Furrier of Cushman & Wakefield | PICOR handled the transaction.

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AcquisitionsCaliforniaRetailWestern

Fitness SF Acquires 38,900 SF Retail Property in San Francisco

by Amy Works

SAN FRANCISCO — Fitness SF has purchased a 38,900-square-foot retail property at 1600-1616 Jackson St. in San Francisco. Terms for the transaction were not released. The property consists of two floors and an underground garage with 72 parking spaces. Matthew Holmes of Retail West represented both parties in the transaction.

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DevelopmentIllinoisIndustrialMidwest

Hillwood, Clarius Break Ground on 920,123 SF University Park Logistics Center in Metro Chicago

by Kristin Harlow

UNIVERSITY PARK, ILL. — Hillwood and Clarius Partners have broken ground on University Park Logistics Center, a 970,123-square-foot speculative industrial development in University Park, a southern suburb of Chicago. Situated by the I-57 interchange at Stuenkel Road, the site provides access to 85.5 million people within a single day’s drive, according to the developers. David Bercu and Jim Estus of Colliers are marketing the project for lease.

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AcquisitionsIllinoisMidwestMultifamilyRetail

Marcus & Millichap Brokers $15.5M Sale of Apartment, Retail Property in Chicago

by Kristin Harlow

CHICAGO — Marcus & Millichap has brokered the $15.5 million sale of a property in Chicago comprising 22 multifamily units and five commercial suites. Located at 1542 N. Damen Ave. and 2010 W. Pierce Ave. in the Wicker Park/Bucktown neighborhood, the asset is within walking distance of the CTA Blue Line and multiple bus routes. The residential units include a mix of one- and two-bedroom floor plans. The commercial spaces are fully leased to La Colombe, Urbanbelly, Blue Line Lounge & Grill, Eccentric Fitness and the Kadampa Meditation Center. Kyle Stengle of Marcus & Millichap represented the seller and procured the buyer, Stocking Urban LLC.

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AcquisitionsMidwestRetailWisconsin

Mid-America Arranges Sale of 167,533 SF Point Loomis Shopping Center in Milwaukee

by Kristin Harlow

MILWAUKEE — Mid-America Real Estate Corp. has arranged the sale of Point Loomis, a grocery-anchored shopping center in Milwaukee’s Southpoint neighborhood. The fully leased property is home to Kohl’s, Pick ’n Save, Chase Bank, Dunkin’, Tropical Smoothie Café and Spectrum. Joe Girardi, Patrick Corrigan and Dan Rosenfeld of Mid-America represented the seller. A private buyer purchased the asset.

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DevelopmentMidwestRetailWisconsin

Topgolf Begins Development of First Venue in Wisconsin Near Madison

by Kristin Harlow

MONONA, WIS. — Topgolf has broken ground on its first venue in the state of Wisconsin. The two-level venue is set to open in fall 2026 and is located in Monona, about eight miles east of Madison. Topgolf will employ about 200 to 250 people at the property at 6400 Gisholt Drive. Topgolf Wisconsin will feature 72 outdoor climate-controlled hitting bays. Each bay will have lounge-type furniture or high-top tables. The venue will be equipped with Toptracer technology, which traces each golf ball’s flight path, distance and other metrics. There will also be a full-service restaurant and bar, more than 100 TVs, music and year-round family-friendly programming. An event space and outdoor patio will allow for team outings, family gatherings, meetings or celebrations.

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Leasing ActivityMidwestOfficeOhio

CBRE Signs 19,500 SF Lease to Relocate Columbus, Ohio Office

by Kristin Harlow

COLUMBUS, OHIO — CBRE has signed a 19,500-square-foot lease at 10 W. Nationwide Boulevard, a trophy office building within the Arena District in downtown Columbus owned and developed by Nationwide Realty Investors. The firm will relocate form 200 Civic Center Drive in summer 2026. The new office on the fifth floor is part of CBRE’s Workplace360 program, which includes innovative technology and a variety of collaborative spaces designed to support hybrid working. Brandon Ellis and David Morgan represented CBRE on an internal basis. CBRE has also been named the leasing agent for 10 W. Nationwide Boulevard, which rises five stories and totals 200,000 square feet. Designed by Ohio-based architectural firm Lupton Rausch, the building features an outdoor area that connects to parking areas and nearby amenities. The lobby and first-floor amenity space are being updated to include refreshed conference rooms and a café with indoor and outdoor seating.

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Leasing ActivityNew JerseyNortheastRetail

Total Wine Opens 32,000 SF Store in North Brunswick, New Jersey

by Taylor Williams

NORTH BRUNSWICK, N.J. — Total Wine & More has opened a 32,000-square-foot store in North Brunswick, located in Central New Jersey. Total Wine joins Trader Joe’s as the anchor tenant at the 124,000-square-foot North Village Shopping Center, which is now fully leased. Ed Vasconcellos of Levin Management Corp. represented the undisclosed landlord in the lease negotiations. Brian Schuster of RIPCO Real Estate represented Total Wine.

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