Retail

DORAL, FLA. — Atlanta-based SJC Ventures has opened a 43,000-square-foot Whole Foods Market in Doral, a western suburb of Miami. The grocery store anchors Doral Marketplace, a nearly 90,000-square-foot shopping center, and includes 500 products from Florida-based suppliers. Other tenants at Doral Marketplace include Shake Shack, J.Crew, First Watch, GoodVets, The Spot Barbershop, Pacific Dental, PNC Bank, Warby Parker, Tide Dry Cleaners, Ulta Beauty, Apizza Brooklyn Resto + Vino and Chick-fil-A.

FacebookTwitterLinkedinEmail

OVERLAND PARK, KAN. — Quilters HQ, a family-owned and operated quilt shop, has relocated from Olathe to 9012 Metcalf Ave. in Overland Park. Daniel Brocato of Block & Co. Inc. Realtors represented Quilters HQ in the sale of its original location at 16175 W. 13 5th St. in Olathe as well as the lease for its new 10,000-square-foot building in the Block & Co.-managed Glenwood Plaza Shopping Center in Overland Park. The store is now open. Starfish Project Foundation, a local aid organization, will soon occupy Quilters HQ’s previous location in Olathe. To facilitate the successful completion of the transaction, Brocato and Starfish Project representative Karla Johnson of Keller Williams both donated a portion of their commissions. Due to tight timeline restrictions, Starfish Project will reside in a temporary location within Block & Co.-managed Blackbob Corners Shopping Center in Olathe provided by Brocato and David Block. The nonprofit is expected to move into its permanent location within the next few months.

FacebookTwitterLinkedinEmail
13720-Bear-Valley-Rd-Victorville-CA

VICTORVILLE, CALIF. — Hanley Investment Group Real Estate Advisors has negotiated the $4.6 million sale of a two-tenant retail property in Victorville. A Los Angeles-based private investor sold the asset to an undisclosed buyer. Located at 13720 Bear Valley Road, the 19,300-square-foot building was formerly occupied by Rite Aid and renovated in 2024. The property is currently leased to AutoZone and Dollar Tree on new 10-year triple-net leases. Bill Asher and Kevin Fryman of Hanley Investment Group represented the seller in the transaction.

FacebookTwitterLinkedinEmail

PLANO, TEXAS — Local brokerage firm Disney Investment Group (DIG) has arranged the recapitalization of Custer Park, a 117,594-square-foot shopping center in Plano. Specific details on new debt and/or equity components within the center’s capital stack were not disclosed, but the owner, Dallas-based Kobalt Investment Co., is partnering with Fort Worth-based MCP Ventures to complete a full renovation of the center. Custer Park is currently home to 35 tenants, including Athletico, Subway, H&R Block and First Watch. David Disney and Adam Crockett led the transaction for DIG.

FacebookTwitterLinkedinEmail

FRISCO, TEXAS — Three tenants have signed leases totaling 5,944 square feet at The Shops at Starwood, a 90,667-square-foot retail center located north of Dallas in Frisco. The tenants are Stackz Smashburgers & Cocktails (2,500 square feet), 33 Peaks Café (1,174 square feet) and Mr. Winston’s Barbershop (1,730 square feet). Houston-based Whitestone REIT owns The Shops at Starwood. All openings are slated for 2026.

FacebookTwitterLinkedinEmail

DANVERS, MASS. — Local brokerage firm Atlantic Capital Partners (ACP) has arranged the sale of an 80,000-square-foot retail building in Danvers, located about 20 miles northeast of Boston. The building sits on a 3.9-acre site along State Route 128 and was fully leased at the time of sale to Dick’s Sporting Goods. Eric Suffoletto, Joey Tagliente and Danny Griffin of ACP represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

FacebookTwitterLinkedinEmail

CHICAGO — JLL Capital Markets has brokered the sale of Clybourn Center, a 33,140-square-foot unanchored strip center in Chicago’s Lincoln Park neighborhood. The retail property is located on North Clybourn Avenue across from Foundry Park, a $1 billion mixed-use redevelopment project. When complete, Foundry Park will deliver roughly 3,700 residential units, 350,000 square feet of office space, 420,000 square feet of retail, 250,000 square feet of hospitality and 12 acres of open space. Clybourn Center was 91.2 percent occupied at the time of sale, with 38 percent of the gross leasable area occupied by medical tenants including Physicians Immediate Care, Premier Allergy and Metro Infusion. The property features 86 surface-level parking spaces. Michael Nieder and Brian Page of JLL represented the undisclosed seller. Curbline Properties was the buyer. JLL took on the leasing of Clybourn Center in 2009, with Steve Schwartz leading efforts.

FacebookTwitterLinkedinEmail

DANA POINT, CALIF. — Local financial intermediary PSRS has arranged a $6.5 million loan for the cash-out refinancing of a 31,801-square-foot shopping center in Dana Point, located in Orange County. Secured through a bank relationship, the nonrecourse loan features a sub-30 percent loan-to-value ratio and a three-year, full-term interest-only structure. Michael Presser of PSRS handled the debt placement on behalf of the undisclosed borrower.

FacebookTwitterLinkedinEmail

FIRESTONE, COLO. — Target will open a 128,000-square-foot store at Firestone City Centre, located north of Denver, later this month. Firestone City Centre features more than 600,000 square feet of retail and restaurant space that is home to a mix of national retailers and restaurants. Additionally, the project includes Firestone Junction, a 300-unit multifamily community. The Staenberg Group, a full-spectrum real estate development and investment firm, owns the property.

FacebookTwitterLinkedinEmail
Destination-Gateway-Mesa-AZ

MESA, ARIZ. — Diversified Partners is advancing the development of Destination at Gateway, a 163-acre retail center located at Signal Butte Road in Mesa. The project will include two components: 24 Auto Row, an 80-acre, purpose-built auto mall, and an adjacent power center. Off-site improvements on the east side of Signal Butte Road have been completed, while site work on the west side is underway and is scheduled to be completed by the third quarter of 2026. Current and planned tenants for the project’s power center include Walmart, 7 Brew, Take 5 Oil Change, Taco Bell, Zara Nail Bar and PAC Dental. Additional leasing opportunities remain available for drive-thru pads, shop space and a future junior anchor retailer.

FacebookTwitterLinkedinEmail
Newer Posts