Wednesday, July 8, 2026
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12443-NW-Grand-Ave-El-Mirage-AZ
AcquisitionsArizonaRestaurantRetailWestern

Cushman & Wakefield Brokers $2.4M Sale of Black Rock Coffee Bar in El Mirage, Arizona

by Amy Works

EL MIRAGE, ARIZ. — Cushman & Wakefield has brokered the $2.4 million sale of a newly developed restaurant building located at 12443 NW Grand Ave. in El Mirage, located west of Glendale. The sales price was $2.4 million. Black Rock Store Operations LLC occupies the 620-square-foot building via one of its 181 Black Rock Coffee Bar locations across seven states. The coffee bar offers specialty coffee, energy drinks, breakfast sandwiches, bagels, egg bites and grab-and-go pastries. Chris Hollenbeck and Shane Carter of Cushman & Wakefield represented the seller in the deal. Both parties were limited liability companies.

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AcquisitionsMidwestOhioRetail

Kroger Agrees to Acquire Giant Eagle for $1.65B

by Kristin Harlow

CINCINNATI AND PITTSBURGH — The Kroger Co. and Giant Eagle Inc. have entered into a definitive agreement under which Kroger will acquire Giant Eagle, a family-owned food and pharmacy retailer based in Pittsburgh with 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West Virginia, Maryland and Indiana. The transaction has been unanimously approved by Cincinnati-based Kroger’s board of directors. The purchase price of $1.65 billion is comprised of $1.25 billion in cash consideration and the assumption of approximately $400 million in outstanding liabilities. The transaction is expected to close in 2027, subject to receipt of required regulatory clearance and other customary closing conditions.  

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AcquisitionsIllinoisMidwestRetail

Quantum Brokers Sale of 88,000 SF Shopping Center in Geneva, Illinois

by Kristin Harlow

GENEVA, ILL. — Quantum Real Estate Advisors Inc. has brokered the sale of an 88,000-square-foot shopping center in Geneva. Located at 1310 Commons Drive, the property consists of four multi-tenant and two single-tenant buildings. Dan Waszak and Brett Berlin of Quantum brokered the transaction. The buyer was a global real estate investment manager, and the seller was an investment fund based on the East Coast.

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DevelopmentFloridaRetailSoutheast

SJC Ventures Opens 43,000 SF Whole Foods Grocery Store in Doral, Florida

by John Nelson

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. The design-build team for the Whole Foods store included architect Dynamik Design and general contractor Oak Construction.

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AcquisitionsKansasLeasing ActivityMidwestRetail

Quilters HQ Relocates to 10,000 SF Store in Overland Park, Kansas

by Kristin Harlow

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.

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13720-Bear-Valley-Rd-Victorville-CA
AcquisitionsCaliforniaNet LeaseRetailWestern

Hanley Investment Group Negotiates $4.6M Sale of Two-Tenant Retail Property in Victorville, California

by Amy Works

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.

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DevelopmentMassachusettsMixed-UseMultifamilyNortheastOfficeRetailTop Stories

Brookfield, New England Development Acquire Former Naval Station Near Boston, Plan Major Mixed-Use Project

by John Nelson

WEYMOUTH, MASS. — A joint venture between New York City-based Brookfield Properties and Boston-based New England Development has purchased the site of the former South Weymouth Naval Air Station in metro Boston. The co-developers acquired the 1,400-acre site from Washington Capital Management for $65 million. Brookfield and New England Development are planning a mixed-use redevelopment that would include 6,500 housing units, along with about 2 million square feet of commercial and retail space. The project will span more than 1,400 acres across three municipalities — Weymouth, Rockland and Abington, Mass. The Weymouth City Council has unanimously approved the land reuse plan, which also was approved by the towns of Rockland and Abington. The State of Massachusetts has also expressed strong support for the redevelopment plan. The redevelopment will mark the largest residential and commercial project to date in Massachusetts, according to John Twohig, executive vice president of New England Development. In addition to the commercial and residential components, the proposed project will preserve more than 880 acres of open and restricted space that can be activated for both public recreational use and wildlife preservation. Situated about 16 miles south of Boston in Norfolk and Plymouth counties, the South Weymouth Naval …

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RetailTexas

DIG Arranges Recapitalization of 117,594 SF Shopping Center in Plano

by Taylor Williams

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.

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Leasing ActivityRestaurantRetailTexas

Three Tenants Sign Leases at Shops at Starwood in Frisco

by Taylor Williams

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.

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AcquisitionsMassachusettsNortheastRetail

Atlantic Capital Partners Arranges Sale of 80,000 SF Retail Building in Danvers, Massachusetts

by Taylor Williams

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.

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