Retail Archives - REBusinessOnline

Cushman & Wakefield Negotiates $83M Sale of Whole Foods-Anchored Shopping Center in Doral, Florida

Abby Cox — Fri, 04 Sep 2026 13:47:11 +0000

DORAL, FLA. — Cushman & Wakefield has negotiated the sale of Doral Marketplace, an 83,365-square-foot, newly constructed shopping center located in Doral, a western suburb of Miami. According to multiple media outlets, the property sold for $83 million. Whole Foods Market anchors the property, which was fully leased at the time of sale to tenants including Ulta Beauty, Shake Shack, J. Crew and Warby Parker. Mark Gilbert, Adam Feinstein and Mitchell Halpern of Cushman & Wakefield represented the seller, Atlanta-based SJC Ventures, in the transaction. The buyer is a high-net-worth family office advised by Lincoln Property Co.

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SRS Real Estate Arranges $11.7M Sale of Lumberjack Square Shopping Center in Bakersfield, California

Amy Works — Fri, 04 Sep 2026 13:33:10 +0000

BAKERSFIELD, CALIF. — SRS Real Estate Partners has arranged the $11.7 million sale of Lumberjack Square, an 85,031-square-foot shopping center located in Bakersfield. Body Xchange, a fitness and health club, anchors the property, which features a mix of additional tenants including DaVita and The Firehouse. Matthew Mousavi and Patrick Luther of SRS represented the seller, a California-based partnership. The buyer, also a California-based partnership, acquired the property with new financing.

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Marcus & Millichap Brokers $8.3M Sale of Two-Property Retail Portfolio in Metro San Diego

Amy Works — Fri, 04 Sep 2026 13:32:05 +0000

ENCINITAS, CALIF. — Marcus & Millichap has brokered the $8.3 million sale of a two-property retail portfolio located roughly 25 miles north of San Diego in Encinitas. The first property, located at 548-568 S. Coast Highway 101, spans 5,698 square feet of retail space and includes five suites in two adjacent buildings. Adam Robinson of RAF Pacifica Group purchased the property for $4.7 million. The second property, located at 571 2nd St., features 6,508 square feet of retail and office space, as well as six suites. Brett Farrow, a local architect, purchased the property for $3.6 million. Ross Sanchez and Nick Totah of Marcus & Millichap marketed the properties on behalf of the seller, George Charles Gowland Separate Property Trust. The agents also secured and represented both buyers in the transaction.

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Burlington, Planet Fitness Sign Leases Totaling 45,000 SF at Joffco Square in Chicago

Kristin Harlow — Fri, 04 Sep 2026 13:27:40 +0000

CHICAGO — Burlington and Planet Fitness have singed long-term leases totaling roughly 45,000 square feet at Joffco Squre in Chicago. Nassimi Realty has brought the urban retail center from 50 percent occupancy to fully leased. Burlington signed a 10-year lease for 23,000 square feet, taking the former Ashley Furniture space. The retailer is relocating from its existing location across the street. The new store is expected to open in the winter or spring of 2027. Planet Fitness signed a 12-year lease for 22,000 square feet in the former Joann Fabrics space. The fitness operator plans to open in December. CBRE represented the landlord in both transactions. Metro Commercial Real Estate represented Burlington and Planet Fitness.

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CBRE Brokers $3.4M Sale of Retail Property Occupied by Sheetz in Gahanna, Ohio

Kristin Harlow — Fri, 04 Sep 2026 13:26:51 +0000

GAHANNA, OHIO — CBRE has brokered the $3.4 million sale of a single-tenant Sheetz convenience store at 495 Crescent Circle in Gahanna, a suburb of Columbus. CBRE’s Karly Iacono represented the buyer, 495 Crescent Circle Gahanna Ohio LLC. Stephanie Beaumier of Casto acted on behalf of the seller, CP Crescent LLC. The 1031 exchange buyer completed an all-cash transaction. The asset is secured by a 15-year triple-net ground lease with Sheetz.

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Summit RE Negotiates Sale of 14,895 SF Retail Strip Center in Midlothian, Texas

Taylor Williams — Fri, 04 Sep 2026 12:31:00 +0000

MIDLOTHIAN, TEXAS — Dallas-based brokerage firm Summit RE has negotiated the sale of Harvest Hill Town Center II, a 14,895-square-foot retail strip center located in the southern Dallas suburb of Midlothian. Tenants at the center include T-Mobile and Club Pilates. Hudson Lambert and Jack Hicks of Summit RE represented the undisclosed seller in the transaction. The name and representative of the buyer, as well as the sales price, were also not disclosed.

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Marcus & Millichap Brokers $8.5M Sale of Wabash Marketplace Shopping Center in Denver

Amy Works — Thu, 03 Sep 2026 13:48:30 +0000

DENVER — Marcus & Millichap has brokered the sale of Wabash Marketplace, a shopping center in Denver’s Cherry Creek neighborhood. An entity doing business as Wabash Retail LLC sold the property for $8.5 million, or $243 per square foot. Located at 8400 E. Iliff Ave., Wabash Marketplace features 34,846 square feet of space that is leased to a mix of local and service-oriented tenants, including restaurants, a coffee shop, fitness and beauty business and a home décor retailer. The property was built in 1983 on 2.1 acres. Cory Gross of Marcus & Millichap represented the seller and sourced the buyer, a private investor who was completing a 1031 exchange, in the off-market transaction.

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Aggregate Acquires Industrial, Retail Portfolio in Northern Virginia for $58M

John Nelson — Thu, 03 Sep 2026 13:29:58 +0000

FAIRFAX, VA. — Fairfax-based Aggregate Real Estate Investors has purchased an 11-building retail and industrial portfolio in Northern Virginia from Clarke-Hook Corp. for $58 million. The portfolio comprises:

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ACP Negotiates $22.5M Sale of Retail Building Leased to Whole Foods in Nashua, New Hampshire

Taylor Williams — Thu, 03 Sep 2026 13:03:24 +0000

NASHUA, N.H. — Regional brokerage firm Atlantic Capital Partners (ACP) has negotiated the $22.5 million sale of a 44,538-square-foot retail building in Nashua, located in southern New Hampshire, that is leased to Whole Foods Market. Opened in late 2024, the grocery store is located within a larger shopping center known as Webster Square that is also home to tenants such as TJ Maxx, Michaels, Dollar Tree, Five Below, Ulta Beauty and Guitar Center. Justin Smith, Chris Peterson, Danielle Turpin and Matt Ericson of ACP represented the undisclosed seller in the transaction. The name and representative of the buyer were also not disclosed.

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Affinius Capital Provides $35M Loan for Refinancing of Metro Houston Retail, Office Property

Taylor Williams — Wed, 02 Sep 2026 14:30:23 +0000

CYPRESS, TEXAS — New York City-based Affinius Capital has provided a $35 million loan for the refinancing of Village Green at Bridgeland Central, a 198,000-square-foot retail and office property located in the northwestern Houston suburb of Cypress. Grocer H-E-B anchors the retail component of the property, which is located within the Bridgeland master-planned community. The property’s office component comprises a three-story, 49,000-square-foot mass timber building that was close to fully leased at the time of the loan closing. Colby Mueck, Kelly Layne, Jack Britton and Scot Sarlin of JLL arranged the loan on behalf of the owner, Howard Hughes Holdings.

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IPA Negotiates Sale of 95-Unit Apartment Complex in Seattle’s Eastlake Neighborhood

Amy Works — Wed, 02 Sep 2026 14:23:34 +0000

SEATTLE — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of East Howe Steps, an apartment complex located in Seattle’s Eastlake neighborhood. The seller was Bender Equities. An affiliate of Sequel Investment Co. and Evergreen Gavekal acquired the property for $35 million, or $351,579 per unit. Philip Assouad, Giovanni Napoli, Ryan Harmon, Nick Ruggiero and Anthony Palladino of IPA, represented the seller in the deal. Brian Eisendrath, Cameron Chalfant, Jake Vitta, Ray Allen and Tyler Johnson of IPA Capital Markets arranged acquisition financing for the buyer. Completed in 2016, East Howe Steps features two four-story buildings with a total of 95 studio, one- and two-bedroom apartments, four live/work units with private street-level entrances and 3,000 square feet of ground-floor retail space. The property includes a rooftop deck, open-air walkways, landscaped courtyards, a fitness center, controlled-access parking garage, bike storage and onsite paddle board and kayak rentals.

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JLL Negotiates Sale of 86,698 SF Shopping Center in Prosper, Texas

Taylor Williams — Wed, 02 Sep 2026 14:05:47 +0000

PROSPER, TEXAS — JLL has negotiated the sale of an 86,698-square-foot shopping center in Prosper, a northern suburb of Dallas. Shops at Prosper Trail was built in 2016 and was fully leased at the time of sale. Dallas-based Younger Partners Investments sold the center to Ohio-based retail REIT Phillips Edison & Co. for an undisclosed price. Adam Howells and Erin Myer of JLL brokered the deal.

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CBRE Negotiates $62.5M Sale of Shopping Center in Vernon, Connecticut

Taylor Williams — Wed, 02 Sep 2026 14:01:36 +0000

VERNON, CONN. — CBRE has negotiated the $62.5 million sale of Tri-City Plaza, a 295,817-square-foot shopping center in Vernon, located northeast of Hartford. Grocer Shoprite anchors the center, which was 96 percent leased at the time of sale. Other tenants include T.J. Maxx, HomeGoods, HomeSense and Hartford Healthcare. Jeffrey Dunne, David Gavin and Travis Langer of CBRE represented the seller, a partnership between New York-based owner-operator DLC Management and Acadia Realty Trust, in the transaction. The team also procured the buyer, East Coast Acquisitions.

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Marcus & Millichap Brokers $11.5M Sale of Retail Strip Center in Glendale Heights, Illinois

Kristin Harlow — Wed, 02 Sep 2026 13:50:25 +0000

GLENDALE HEIGHTS, ILL. — Marcus & Millichap has brokered the $11.5 million sale of Bloomingdale Plaza in Glendale Heights. Anchored by Aldi, the 15-suite retail center is fully occupied and includes a two-tenant outlot anchored by Starbucks, which executed a five-year lease extension in August. Longstanding tenants Aldi, Boost Mobile and Glendale Medical have occupied the center for more than 17 years. The center ranks in the top 7 percent of Illinois strip centers by visits, attracting more than 1.4 million annual visitors, according to Marcus & Millichap. Austin Weisenbeck and Sean Sharko of Marcus & Millichap represented the seller, a local private investor. Buyer information was not provided.

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Cushman & Wakefield Arranges $72M Refinancing for Two Adjacent Shopping Centers in Sandy Springs, Georgia

John Nelson — Wed, 02 Sep 2026 12:25:39 +0000

SANDY SPRINGS, GA. — Cushman & Wakefield has arranged a $72 million loan on behalf of locally based owner-operator Jamestown LP for the refinancing of two adjacent shopping centers in metro Atlanta. Totaling more than 340,000 square feet in Sandy Springs, the properties include Parkside Shops (158,400 square feet) and Hammond Exchange (176,000 square feet). A 49,506-square-foot Whole Foods Market anchors the centers, which share a footprint of about 25 acres. Additional tenants include Marshalls, HomeGoods, Petco and The Springs Cinema & Taphouse. John Alascio, Alex Hernandez, Alex Lapidus, Mitch Rothstein, Nick Scibelli and Mark Gilbert of Cushman & Wakefield secured the floating-rate loan through accounts managed by KKR on behalf of Jamestown.

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Trademark Provides Updates on Repositioning of 646,000 SF Longview Mall in East Texas

Taylor Williams — Tue, 01 Sep 2026 14:51:07 +0000

LONGVIEW, TEXAS — Fort Worth-based owner-operator Trademark Property Co. has provided updates on the repositioning of the 646,000-square-foot Longview Mall in East Texas. Since acquiring the mall a year ago in partnership with department store retailer Dillard’s, Trademark has upgraded the parking lot, exterior lighting and painting, landscaping and specialty leasing retail merchandising unit. Trademark is also planning to add a new children’s play area and update the interior paintwork and seating throughout the common areas.

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Summit RE Arranges Sale of 11,397 SF Retail Strip Center in Oklahoma City

Taylor Williams — Tue, 01 Sep 2026 14:41:06 +0000

OKLAHOMA CITY — Dallas-based brokerage firm Summit RE has arranged the sale of Quail Springs Shoppes, an 11,397-square-foot retail strip center in Oklahoma City. Tenants include CNS Jewelry & Watch Repair and Sit Still Kids Salon. Hudson Lambert of Summit RE represented the seller, a local developer, in the transaction and procured the buyer, a 1031 exchange investor. Both parties requested anonymity,

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Trammell Crow Co. Completes Sprouts Farmers Market Headquarters in Phoenix

Amy Works — Tue, 01 Sep 2026 13:50:38 +0000

PHOENIX — Trammell Crow Co. has completed a 181,000-square-foot mixed-used development in Phoenix. Project partners include U.S. Realty Advisors, RSP Architects, Wespac Construction, Keyser and JLL. The 8-acre project consists of a 145,000-square-foot Class A office building serving as Sprouts Farmers Market’s corporate headquarters, a 25,000-square-foot flagship Sprouts grocery store and approximately 11,000 square feet of additional retail space. The grocery store opened to the public on July 24, 2026, and the office headquarters building is now ready for occupancy. Located within the CityNorth development near 56th Street and Loop 101, the headquarters features a community garden, rooftop deck, fitness center and culinary kitchens.

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Associated Bank Provides $9M Loan for 12-Acre Retail Development in Metro Columbus

Matthew Auchincloss — Fri, 28 Aug 2026 15:00:00 +0000

DELAWARE, OHIO — Associated Bank has provided a $9 million loan to GTZ Properties for the development of Trailhead Crossing, a 12-acre retail property located at 1335-1131 U.S. Route 36 in Delaware, a northern suburb of Columbus. The project consists of three buildings occupied by Chick-fil-A, Chipotle Mexican Grill and Take 5 oil change. A second, three-tenant strip center will be occupied by Dunkin’, Nothing Bundt Cakes and Pacific Dental Services. The project also contains two pad-ready sites, one of which is pending sale to a national daycare company. All Phase I tenants are expected to open by spring 2027. Phase II of the development will be anchored by a big box national retailer.

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Cooper Group Arranges Sale of 27,299 SF Retail Property in Cincinnati

Matthew Auchincloss — Fri, 28 Aug 2026 14:55:25 +0000

CINCINNATI — The Cooper Commercial Investment Group has arranged the sale of Spring Hill Center, a 27,299-square-foot multi-tenant retail property located in Cincinnati. Dan Cooper of the Cooper Commercial Investment Group represented the seller, an Ohio-based investment group, in the transaction. The buyer was a New York-based investor. The deal closed at an 8 percent cap rate. Spring Hill Center is anchored by Dollar General.

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