SAVANNAH, GA. — First National Realty Partners (FNRP) has opened a new 22,000-square-foot Ross Dress for Less store at McAlpin Square in Savannah. The 169,690-square-foot shopping center is located at 1900 E. Victory Drive and is anchored by Kroger. Other tenants include Goodwill and the U.S. Postal Service. Ross Dress for Less is backfilling a former Big Lots store following the latter retailer’s Chapter 11 filing. With the new store, McAlpin Square is 95 percent occupied.
MANTECA, CALIF. — Levin Johnston of Marcus & Millichap has brokered the purchase of Manteca Golf & Tennis Villas, an apartment community in Manteca. The asset traded for $15.6 million. Adam Levin, Robert Johnston and Joshua Velo of Marcus & Millichap’s Levin Johnston represented the undisclosed buyer in the deal. Located at 367 N. Union Road, Manteca Golf & Tennis Villas offers 56 apartments.
SAN FRANCISCO — PSRS has arranged $7.5 million in refinancing for Vista Retail in San Francisco. The four-story, 28,498-square-foot building offers creative office space and ground-floor retail space. The office portion has high ceilings, ample natural light, HVAC and operable windows. Dave Semmer of PSRS secured the nine-year loan, which features a 50 percent loan-to-value ratio and an interest-only term.
LITTLETON, COLO. — CBRE, on behalf of Broe Real Estate Group, has arranged the sale of Mineral Medical Plaza, a Class A medical outpatient building in Littleton. Terms of the transaction were not disclosed. Located at 1501 W. Mineral Ave., the two-story Mineral Medical Plaza offers 39,300 square feet of medical office space, including a multi-speciality surgery center. The property was repositioned in 2020, undergoing extensive renovations to be transformed into an outpatient healthcare center. Chris Bodnar, Brannan Knott, Mindy Berman, Zack Holderman, Cole Reethof, Trent Jemmett, Jessie Greshin and Blake Holcomb of CBRE represented the seller in the deal.
SOUTH PLAINFIELD, N.J. — JLL has negotiated the $40 million sale of a 219,848-square-foot shopping center in South Plainfield, about 40 miles southwest of New York City. Golden Acres Shopping Center was 83 percent leased at the time of sale, with grocer ShopRite serving as the anchor. Other tenants include Shoppers World, Unique Thrift Store and Wendy’s. Jose Cruz, J.B. Bruno, Kevin O’Hearn, Michael Kavaler and Joseph Lopresti represented the undisclosed seller in the transaction. The buyer was a joint venture between Agus Holdings and Treeco.
NEW YORK CITY — Pickleball concept CityPickle will open a 37,000-square-foot venue at 1501 Broadway in the Times Square area of Midtown Manhattan. The space will be located on the eighth floor of the 885,000-square-foot tower, which is known locally as the Paramount Building due to its original construction as the home of Paramount Pictures. The venue will feature seven courts, a bar and restaurant, lounge and event space and locker rooms. The space will also serve as CityPickle’s new corporate headquarters office. The opening is scheduled for the fall.
NEW YORK CITY — Apparel retailer GMA Accessories has signed a 23,698-square-foot office lease extension in Midtown Manhattan. The lease term is approximately 12 years, and the space spans the seventh and 10th floors at 389 Fifth Avenue, a 12-story building that was originally constructed in 1922. Max Koeppel of Koeppel Rosen LLC represented the landlord, the Rosen Family, in the lease negotiations on an internal basis. Michael Joseph of Colliers represented the tenant.
ST. LOUIS — McCarthy Building Cos. Inc. has completed the Midwestern Laboratory, an 84,000-square-foot project for the U.S. Department of Agriculture’s Food Safety and Inspection Service in St. Louis. Hoefer Welker designed the single-story facility. Located near the University of Missouri – St. Louis campus, the project includes microbiology and chemistry labs, a processing center, large receiving area and adjacent sample prep laboratory, as well as administrative offices. The facility will coordinate and conduct laboratory services in support of the agency’s farm-to-table strategies for food safety in meat, poultry, fish and egg products. The lab will house approximately 60 employees across three branches — administration, chemistry and microbiology. In alignment with the General Services Administration’s (GSA) mission to procure space for federal agencies, GSA executed a 20-year lease with US Federal Properties for a total contract value of $115.5 million. Construction began in May 2023.
HILLIARD, OHIO — Milhaus and Harbor Group International (HGI) have opened Tempo Apartments at TruePointe in Hilliard, a suburb of Columbus. The 359-unit luxury apartment complex offers studios, one-, two- and three-bedroom units. The development is situated near Bridge Park Dublin, Quarry Trails Metro Park and Tuttle Crossing Mall. TruePointe is Hilliard’s first entertainment hub and part of commercial real estate firm Equity’s master-planned mixed-use development. Monthly rents start at $1,544, according to the property’s website.
PLAINFIELD, ILL. — Pharmacy Automation Supplies has purchased 4.4 acres at Plainfield Business Center, Lot 6, for a new build-to-suit warehouse and office facility. The manufacturer and distributor of consumables to retail and healthcare organizations is relocating to Plainfield from a smaller space in Romeoville. The seller, Northern Builders, will construct a 30,000-square-foot building within the complex. Completion is slated for the end of the year. Terry Grapenthin and Ryan Earley of Lee & Associates of Illinois represented Pharmacy Automation Supplies in the transaction.
