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AcquisitionsColoradoRestaurantRetailWestern

JLL Negotiates $41.2M Sale of Stanley Marketplace in Aurora, Colorado

by Amy Works

AURORA, COLO. — JLL Capital Markets has arranged the $41.2 million sale of Stanley Marketplace, a 102,125-square-foot adaptive reuse retail development located in Aurora. Jason Schmidt and Austin Snedden of JLL represented the seller, Westfield Co., in the transaction. Leon McBroom and William Haass, also of JLL, secured a five-year, $27.3 million acquisition loan through a regional bank on behalf of the buyer, Magnetic Capital. Originally constructed in 1954 as an ejection seat manufacturing facility, the redeveloped retail property is currently 98 percent leased to a mix of 54 tenants including Denver Biscuit Co., Rosenburg’s Bagels & Delicatessen, Local Drive and Bounce Gymnastics.

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Faris-Lee-Retail-ABQ-NM
AcquisitionsNew MexicoRetailWestern

Faris Lee Brokers $4M Sale of Retail Strip Center in Albuquerque

by Amy Works

ALBUQUERQUE, N.M. — Faris Lee Investments has brokered the $4 million sale of a newly constructed, three-tenant retail strip center located in Albuquerque. The 5,375-square-foot property was fully leased to El Pollo Loco, Jamba and Xfinity at the time of sale. Jeff Conover, Scott DeYoung and Greg Lukosky of Faris Lee represented both the seller, a New Mexico-based developer, and the all-cash buyer, a private East Coast-based investor, in the transaction.

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IndustrialIowaMarket ReportsMidwestMidwest Market ReportsMultifamilyOfficeRetail

Cedar Rapids: An Unparalleled Midwest City

by Kristin Harlow

By Scott Olson As I look back over the last 12 months since my August 2025 Cedar Rapids update, the resilience of this city to adapt despite high interest rates, tariffs and a Middle East conflict is second to none. Our city council priorities have remained unchanged: • Housing options and affordability • Strengthen and stabilize neighborhoods • Clean and safe city • Recreational and cultural amenities • Homelessness • Flood control system The economic growth highlighted in this report is matched by city efforts in all the priority areas. Our current national rankings reflect these successes: • No. 3 Best Place to Live in the Midwest (SpaceWise, 2026) • No. 3 City with the Most Affordable Rent (WalletHub, 2026) • No. 5 Midwest City for a Peaceful Retirement (lnvestopedia, 2026)  • No. 11 Most Affordable Small City to Buy a Home (WalletHub, 2026)  • No. 16 Best City to Buy a House in America (Niche.com, 2026) • No. 19 Safest City in Americas (WalletHub, 2026) — ranked across key dimensions, including home and community safety and natural disaster risk and financial safety • No. 22 Best Run City in the U.S. (WalletHub, 2025) • No. 30 City with the …

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AcquisitionsRetailTexas

Newmark Negotiates Sale of 51,664 SF Retail Center in Southlake, Texas

by Taylor Williams

SOUTHLAKE, TEXAS — Newmark has negotiated the sale of Cornerstone Plaza, a 51,664-square-foot shopping center in Southlake. Cook Children’s Medical Center anchors the two-building center, which was built in 2002 and was fully leased at the time of sale. Conor Lalor, Kyle Minter and Justin Shepherd of Newmark represented the seller, Woodside Health, an Ohio-based private equity firm specializing in healthcare real estate, in the transaction. The buyer was not disclosed.

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AcquisitionsRetailTexas

Marcus & Millichap Brokers Sale of 9,920 SF Retail Strip Center in Missouri City, Texas

by Taylor Williams

MISSOURI CITY, TEXAS — Marcus & Millichap has brokered the sale of Brazos Lake Shopping Center, a 9,920-square-foot retail strip center in Missouri City, a southwestern suburb of Houston. Anchored by Excel Urgent Care, the center was built on 1.2 acres in 2009 and features three suites. Joseph Jaques, Alex Wolansky, Gus Lagos and Ron Hebert of Marcus & Millichap represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

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CaliforniaDevelopmentLoansRetailWestern

HKS Real Estate Arranges $7.8M in Construction Financing for Two Retail Developments in California

by Amy Works

FRESNO AND CLOVIS, CALIF. — HKS Real Estate Advisors has arranged $7.8 million in construction financing for two ground-up retail developments in Fresno and Clovis. Alex Dobosh and Andrew Pilchick of HKS secured the loans through North American Savings Bank on behalf of the borrower, Bottom Line Group. The first project will be a 4,771-square-foot 7-Eleven convenience store and gas station located in Fresno. The second project, which will total 11,353 square feet, will feature another 7-Eleven and a three-unit retail building in Clovis. Chipotle Mexican Grill and Phoenician Express have already committed as tenants at the property.

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Leasing ActivityNew HampshireNortheastRetail

Four New Tenants Sign Leases at Tuscan Village in Salem, New Hampshire

by Taylor Williams

SALEM, N.H. — Four new tenants have signed leases at Tuscan Village, a 170-acre mixed-use development in Salem, approximately 30 miles north of Boston, that is a redevelopment of the former Rockingham Park horseracing complex.  The new tenants are Whole Foods Market, wellness and recovery studio SWTHZ, gift and lifestyle boutique Festa Studio and fashion brand Free People. Tentative opening dates were not announced.

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AcquisitionsRetailTexas

Marcus & Millichap Brokers Sale of 30,800 SF Retail Strip Center in Victoria, Texas

by Taylor Williams

VICTORIA, TEXAS — Marcus & Millichap has brokered the sale of Dollar Tree Plaza, a 30,800-square-foot retail strip center in Victoria, about 85 miles north of Corpus Christi. Built on 3.3 acres in 2013, the two-building center was fully leased at the time of sale to tenants such as Dollar Tree, Anytime Fitness, Domino’s, Metro by T-Mobile and Freeway Insurance. Philip Levy of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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Leasing ActivityOfficeRetailTexas

Houston Bank & Trust Signs 19,600 SF Office, Retail Lease in Uptown

by Taylor Williams

HOUSTON — Houston Bank & Trust has signed a 19,600-square-foot lease in the city’s Uptown area for its new banking headquarters, trust department and flagship retail banking branch. The space is located within the building at 2603 Augusta Drive, which according to LoopNet Inc. was built in 1984 (renovated in 2011) and totals 244,804 square feet. Collin Grimes of JLL represented the tenant in the lease negotiations. LandPark Advisors owns the building.

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Company NewsFloridaRetailSoutheast

EverBank Financial, WaFd Enter Into $3.9B Reverse Merger Transaction

by John Nelson

JACKSONVILLE, FLA. AND SEATTLE — EverBank Financial Corp., the Jacksonville-based parent company of EverBank NA, has entered into a $3.9 billion reverse merger transaction with WaFd Inc. (NASDAQ: WAFD), the Seattle-based parent company of WaFd Bank. Under the terms of the agreement, EverBank Financial will merge into WaFd Inc., the latter of which will continue as the resulting financial holding company. WaFd Inc. will remain publicly traded but will change its name to EverBank Financial Corp. and trade on the Nasdaq Stock Exchange under the ticker symbol “EVBK.” Upon closing of the holding company merger, WaFd Bank, which has more than 200 locations in the Western United States, will merge with and into EverBank NA, which has more than 40 locations in Florida, California and New York. Upon completion of the transaction, which is expected for early 2027, EverBank Financial’s investors, which include funds managed by Stone Point Capital, Warburg Pincus, Reverence Capital Partners, Sixth Street, Bayview Asset Management and TIAA, will collectively own approximately 59.2 percent of the pro forma combined company, with WaFd Inc. shareholders owning approximately 40.8 percent. EverBank CEO Greg Seibly will continue to serve as CEO of EverBank post-merger, and WaFd CEO Brent Beardall will serve …

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