BRIDGEWATER, N.J. — JLL has negotiated the $54.3 million sale of The Village at Bridgewater Commons, a 92,461-square-foot retail center in Central New Jersey. A Summit Health medical facility anchors the 12.5-acre, open-air center, which was 98 percent leased at the time of sale to a roster with a weighted average remaining lease term of 7.4 years. Other tenants include Starbucks, Shake Shack, Cava and Chipotle Mexican Grill. Kevin O’Hearn and JB Bruno of JLL represented the seller, Pacific Retail Capital Partners, which acquired the property in 2023 as part of a larger deal for the adjacent Bridgewater Commons Mall, in the transaction. The buyer was Urban Edge Properties.
Retail
Marcus & Millichap Brokers $2.9M Sale of Neighborhood Retail Center in Fairburn, Georgia
by Abby Cox
FAIRBURN, GA. — Marcus & Millichap has brokered the $2.9 million sale of the Shops at Hampton Oaks, a 20,295-square-foot neighborhood retail center located in Fairburn, about 20 miles southwest of Atlanta. Zach Taylor and Eric Abbot of Marcus & Millichap’s Atlanta office represented the seller, a partnership controlled by Jacksonville-based Regency Centers, in the transaction. The buyer was not disclosed. Built in 2008, the Shops at Hampton Oaks features eight retail suites and was 93 percent occupied at the time of sale to a mix of fitness, experiential and service-oriented tenants. Surrounded by the Hampton Oaks residential community, the property is situated near major employers such as Delta Airlines, Coca-Cola and Hartsfield-Jackson Atlanta International Airport.
PARKER, AURORA AND LITTLETON, COLO. — Western Centers Inc. has sold a three-property retail portfolio in metro Denver to local investment firm CentrePoint Properties for $30.3 million. The portfolio includes the 56,000-square-foot Cottonwood Square in Parker, the 26,000-square-foot Bristol Pointe in Aurora and the 28,000-square-foot Foothill Green in Littleton. Jon Hendrickson and Aaron Johnson of Cushman & Wakefield represented the seller in the transaction. Craig Branton and Mickey Moran of Greystone, in partnership with Cushman & Wakefield’s Denver-based debt team, arranged acquisition financing for all three properties.
Marcus & Millichap Arranges Sale of 33,744 SF Retail Center in Prairieville, Louisiana
by John Nelson
PRAIRIEVILLE, LA. — Marcus & Millichap has arranged the sale of Commerce Centre, a 33,744-square-foot retail center located at 17097 Airline Highway in Prairieville, about 18 miles southeast of Baton Rouge. Built in 2015 on four acres, the multi-tenant retail center features 14 suites that were 72 percent occupied at the time of sale. Cole Voyles, Gus Lagos and Alex Wolansky of Marcus & Millichap’s Houston office represented the seller, a local owner, in the transaction. Steve Greer, Marcus & Millichap’s broker of record in Louisiana, participated in the negotiations. The buyer was an unnamed, East Coast-based investor. The sales price was also not disclosed, but Commerce Centre traded at the full asking price, according to Marcus & Millichap.
THE WOODLANDS, TEXAS — EōS Fitness will open a 40,000-square-foot gym in The Woodlands, about 30 miles north of Houston. EōS will join Elite Pickleball Club and Slick City Action Park as anchor tenants at Dudley Sports Plaza, located at the corner of FM 1488 and Kuykendahl Road. NewQuest represented EōS in the lease negotiations. The landlord, Sports Developers, was self-represented. The opening is slated for next year.
By Aaron Hyde and Justin Lossner, JLL Regional markets like Des Moines are no longer waiting their turn. Retailers and office users that once bypassed mid-sized metros for coastal or high-growth markets are compressing their timelines and arriving here ahead of schedule. Heading into the second half of 2026, that shift is already playing out on the ground. Des Moines faces constrained supply and steady demand—not excess capacity. Across retail and office, the question isn’t whether tenants want to be here, but whether growth can physically occur. Retail: strong demand Retail vacancy in metro Des Moines sits around 3.5 percent, the tightest rate in over a decade. Demand spans categories: Quick-service restaurants, banks, auto tenants, fitness and junior box soft goods retailers all absorb space as it becomes available. Retailers are no longer simply looking for the next door down the street. They’re expanding regionally, and markets like Des Moines are benefiting as larger metros tighten. National retailers now enter Des Moines earlier in their expansion cycles. In fact, roughly 36 percent of new national retail leases were signed within five months of space becoming available. Des Moines is consistent with that velocity. Space — not demand — limits growth …
ROCKY RIVER, OHIO — JLL Capital Markets has arranged the $28.2 million sale of Westwood Town Center, a shopping center in Rocky River near Cleveland. Built in 1988, the property totals 226,155 square feet. Anchor tenants include Home Depot, which accounts for 30 percent of income and recently extended its lease, and Marc’s, a regional grocer that accounts for 25 percent of income. Additional tenants include AMC Theatres, which operates the only six-screen theater within a five-mile radius, Dollar Tree, FedEx and Third Federal Savings & Loan. The center is currently 95 percent occupied. Michael Nieder and Brian Page of JLL represented the seller, Zeisler Morgan Properties. The buyer was KPR Centers.
CHICAGO — Greenstone Partners has negotiated the $4 million sale of a fully leased property located along Restaurant Row in Chicago’s Fulton Market neighborhood. Located at 1012 W. Randolph St., the four-story asset totals 6,500 square feet and includes a ground-floor retail space leased to Rōti Modern Mediterranean and three loft-style apartments. At the time of sale, the property was fully occupied. Danny Spitz, Tom Galvin and Brewster Hague of Greenstone represented the seller. The buyer was Los Angeles-based Foundational Real Estate.
PARAMUS, N.J. — RH Outlet has opened a 50,700-square-foot store in the Northern New Jersey community of Paramus. The luxury home furnishings retailer has relocated its Paramus store from an unspecified, nearby space to a freestanding building within Ikea Drive Plaza. Curtis Nassau and Patrick Brake of RIPCO Real Estate represented RH Outlet in the lease negotiations. Vanessa Fernandez and Ed Vasconcellos of Levin Management Corp. represented the landlord.
BELLEVUE, WASH. — First Washington Realty has acquired Evergreen Village, a 123,562-square-foot, grocery-anchored community shopping center located across Lake Washington from Seattle in Bellevue. Terms of the transaction were not released. Tenants include Safeway, Edgeworks Climbing, Puetz Golf Superstore and Starbucks Coffee.
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