Retail

Cushman & Wakefield Arranges $450M Sale of Tri-State Commercial Portfolio

by Taylor Williams August 20, 2026

NEW YORK CITY — Cushman & Wakefield has arranged the $450 million sale of a four-property commercial portfolio located throughout the greater New York City area. The portfolio comprises existing multifamily, retail, healthcare and industrial buildings spanning roughly 4 million square feet, as well as multiple development sites totaling roughly 300 acres, in the following markets: East Fishkill, N.Y., Edgewater, N.J., Norwalk, Conn. and Yonkers, N.Y. Specifically, the portfolio includes iPark 84, a 270-acre, 1.8 million-square-foot industrial campus in East Fishkill that was originally built to be IBM’s flagship semiconductor manufacturing plant and can support another 1.5 million square feet of new development. Other properties within the portfolio include Edgewater Harbor, a 262-unit waterfront apartment complex with 60,000 square feet of retail space; a 400,000-square-foot mixed-use development in Norwalk that is anchored by a Northwell Health medical outpatient facility; and Trilogy Lofts, a newly constructed, 97-unit apartment building in Yonkers. Andy Merin, Frank DiTommaso and Ryan Dowd of Cushman & Wakefield represented the undisclosed seller in the transaction. The buyer was a partnership between New York-based Saber-Hightower, Waterfall Asset Management and Dallas-based Lincoln Property Co. John Alascio, Alex Hernanez, Brad Domenico, Chuck Kohaut and Mitch Rothstein, also with Cushman …

August 20, 2026

Acquisitions California Retail Western

Poole Properties Divests of Multi-Tenant Retail Property in Corona del Mar, California, for $13.7M

by Amy Works August 20, 2026

CORONA DEL MAR, CALIF. — Poole Properties (formerly John Poole Radio Properties) has divested of a retail property at located at 2515 E. Coast Highway in Corona del Mar. Shops at CDM LLC acquired the asset for $13.7 million. The property features 13,883 square feet of multi-tenant retail space. Nathan Holthouser of Coastal Commercial and Ron Duong of Marcus & Millichap handled the transaction.

August 20, 2026

Acquisitions Florida Retail Southeast

Benderson Acquires Three Florida Retail Properties Totaling 400,000 SF

by John Nelson August 20, 2026

UNIVERSITY PARK, FLA. — Benderson Development has acquired three retail properties on the Gulf Coast side of Florida totaling 400,000 square feet. The first acquisition is Granada Plaza, a Publix-anchored retail center located in the Tampa suburb of Dunedin at the intersection of Main Street and Keene Road. The second acquisition is Venice Market Place, a shopping center located where Tamiami Trail meets Center Road in Venice. Benderson also purchased a retail building leased to Lowe’s Home Improvement at 10070 Estero Town Commons Place in Estero. The sellers and sales prices were not released. Benderson is based in University Park and has more than 4.5 million square feet of retail space in its development pipeline in Florida.

August 20, 2026

Acquisitions Indiana Midwest Retail

Marcus & Millichap Brokers $3.1M Sale of Dutch Bros-Occupied Retail Property in Indiana

by Kristin Harlow August 20, 2026

VALPARAISO, IND. — Marcus & Millichap has brokered the $3.1 million sale of a newly built retail property net leased to Dutch Bros in Valparaiso. The 2,495-square-foot building is located at 2510 Laporte Ave. as a Target outlot within Valparaiso Market Place. It operates under a new 15-year absolute triple-net lease and is corporately guaranteed by Boersma Bros LLC. The property is roughly one mile from the Valparaiso University campus. Austin Weisenbeck, Sean Sharko, Adrian Mendoza and Phoebe Klein of Marcus & Millichap, in association with Julia Evinger, the firm’s Indiana broker of record, represented the seller, a Midwest developer. The team secured an Indiana-based buyer. The transaction closed at more than 96 percent of the listing price.

August 20, 2026

Arizona Loans Retail Western

CBRE Arranges $45.8 Million Loan for Refinancing of Scottsdale Towne Center

by Matthew Auchincloss August 19, 2026

SCOTTSDALE, ARIZ. — CBRE has arranged a $45.8 million loan for the refinancing of Scottsdale Towne Center, a 168,090-square-foot power center located at 15444 N. Frank Lloyd Wright Blvd. in Scottsdale. The center is nearly 100 percent leased and is anchored by TJ Maxx, Ross and Mountainside Fitness and shadow-anchored by Target. Shaun Moothart, Bruce Francis, Doug Birrell, Bob Ybarra and Nick Santangelo of CBRE Capital Markets’ Debt and Structured Finance team secured a five-year, fixed-rate, full-term interest-only loan on behalf of the owner, who acquired the property in 2021.

August 19, 2026

Acquisitions Northeast Pennsylvania Retail

CBL Properties Closes $50.6M Sale of York Town Center in Pennsylvania

by Matthew Auchincloss August 19, 2026

YORK, PENN. — CBL Properties, along with its 50 percent joint venture partner, has sold York Town Center, an open-air regional retail center located in the southern Pennsylvania town of York for $50.6 million. The transaction was completed at an 8.5 percent capitalization rate. York Town Center features 14 stores, including DICK’S Sporting Goods, Boot Barn, Best Buy and ULTA, and spans more than 297,000 square feet. The buyer was not disclosed.

August 19, 2026

Acquisitions Florida Retail Southeast

Benderson Acquires Three Properties Totaling 400,000 SF in Florida

by Matthew Auchincloss August 19, 2026

UNIVERSITY PARK, FLA. — Benderson Development has acquired three properties totaling 400,000 square feet along the west coast of Florida. The first, Granada Plaza, is a Publix-anchored retail center located in the Tampa suburb of Dunedin at the intersection of Main Street and Keene Road. The second acquisition is Venice Market Place, a shopping center located where Tamiami Trail meets Center Road in Venice. Finally, Benderson purchased a building tenanted by Lowe’s Home Improvement Center at 10070 Estero Town Commons Place in Estero.

August 19, 2026

Acquisitions Nevada Retail Western

SRS Real Estate Partners Brokers $6.2M Sale of 31,086 SF Retail Property in Las Vegas

by Matthew Auchincloss August 19, 2026

LAS VEGAS — SRS Real Estate Partners has brokered the $6.2 million sale of a 31,086-square-foot retail property located at 2420 E. Desert Inn Road in Las Vegas. The building, which is situated on 2.5 acres, has been occupied by Ross Dress for Less for more than 40 years. Patrick Luther of SRS represented the West Coast private seller. The buyer was a private investor from California who paid all cash. The closing cap rate was 6.5 percent.

August 19, 2026

Acquisitions Hawaii Office Restaurant Retail Western

ESC Pacific Buys Historic Joseph W. Podmore Building in Honolulu for U.S. Headquarters

by Amy Works August 19, 2026

HONOLULU — ESC Pacific, an international architecture, engineering and environmental consulting firm with operations in Japan, Guam and the United States, has purchased the historic Joseph W. Podmore Building at 202 Merchant St. in Honolulu in an off-market transaction. Constructed in 1902 from Hawaiian blue-gray basalt and listed on the National Register of Historic Places since 1983, the two-story Podmore Building features 4,638 square feet. ECS will occupy the building’s second floor as its U.S. base, while the ground floor will continue its longstanding restaurant use. Matthew McKeever of CBRE Hawaii Capital Markets represented the buyer in the transaction, terms of which were not released.

August 19, 2026

Colorado Loans Retail Western

ABMAR Investments Receives $5.7M Loan for Refinancing of Union Square Shopping Center in Colorado Springs

by Amy Works August 19, 2026

COLORADO SPRINGS, COLO. — ABMAR Investments has received a $5.7 million loan for the refinancing of Union Square Shopping Center, a retail property located at 5035-5069 N. Academy Blvd. in Colorado Springs. Andrew Deaver, Rob Bova and Tom Gilliland of JLL Capital Markets arranged the three-year, floating-rate loan on behalf of ABMAR Investments, which will use a portion of the proceeds to fund upcoming improvements for tenant Crunch Fitness, along with additional capital expenditures. Built in 1978 and renovated in 2005, Union Square features 69,347 square feet of retail space and 582 surface parking spaces on 8.3 acres. At the time of sale, the shopping center was 98 percent leased to 13 tenants, including Crunch Fitness, Chipotle Mexican Grill, Edward Jones, 7Brew Coffee and Big 5 Sporting Goods.

August 19, 2026

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