Retail Archives - REBusinessOnline

Weitzman Buys 51,933 SF Shopping Center in Helotes, Texas

Taylor Williams — Wed, 04 Nov 2026 16:20:49 +0000

HELOTES, TEXAS — A limited partnership managed by Weitzman has purchased Helotes Plaza, a 51,933-square-foot shopping center located on the northwestern outskirts of San Antonio. The center was fully leased at the time of sale to tenants such as Dollar Tree, Advance Auto Parts, Dairy Queen, Harbor Health, Subway, Kumon and Momentum Physical Therapy. David Nicolson and Stephen Schmidt of Weitzman negotiated the sale on behalf of the partnership. SRS Real Estate Partners represented the undisclosed seller.

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JLL Arranges $21.2M Sale of Publix-Anchored Shopping Center in Dahlonega, Georgia

John Nelson — Wed, 04 Nov 2026 15:30:48 +0000

DAHLONEGA, GA. — JLL has arranged the sale of Dahlonega Village, a Publix-anchored shopping center located at 23 Maxwell Lane in Dahlonega, which sits 65 miles northeast of Atlanta. A private investor purchased the property from Watkins Real Estate Group for $21.2 million. Jim Hamilton, Brad Buchanan and Charlie Merrigan of JLL represented the seller in the transaction, and Austin Sumner Properties represented the buyer. Built in 2024, Dahlonega Village sits on 13.4 acres and has direct access to Ga. Highway 400. The grocery-anchored shopping center was fully leased at the time of sale to tenants including Great Clips, The UPS Store, Lifestyle Nail Bar, Spice Wing, Jersey Mike’s Subs, Tropical Smoothie Café, Rachel Remington Design, Itala Pizza and Hacienda Bar & Grill. Publix has 19 years remaining on its initial lease term at the center, according to JLL.

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Slatt Capital Arranges $12M Refinancing for Multi-Tenant Retail Center in Palm Springs, California

Amy Works — Wed, 04 Nov 2026 15:16:45 +0000

PALM SPRINGS, CALIF. — Slatt Capital has arranged a $12 million loan to refinance Gene Autry Plaza, a 60,629-square-foot multi-tenant retail center located in Palm Springs. Michael Kaplan and Andrew Friedeberg of Slatt Capital arranged the five-year permanent loan, which was structured with a 30-year amortization schedule, through a life insurance company on behalf of the unnamed borrower. Smart & Final Extra! anchors Gene Autry Plaza, which was built in 2009. Additional tenants at the property include Staples, Sports Clips, Goody’s Café, Panera Bread, Firehouse Subs and Five Guys.

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CVS Health to Separate Pharmacy Business, Form Two Publicly Traded Companies

Kristin Harlow — Wed, 04 Nov 2026 13:00:00 +0000

WOONSOCKET, R.I. — Woonsocket-based CVS Health (NYSE: CVS) has unveiled plans to separate into two independent, publicly traded companies. A healthcare solutions company will comprise Aetna, CVS Caremark, CVS Specialty, Oak Street Health and Signify Health. In the interim, this company will be referred to as “CVS Health.” Founded in 2012, Oak Street Health offers clinics for older adults across 27 states. The national retail pharmacy and community healthcare company will comprise approximately 9,000 CVS pharmacies, mail pharmacy, MinuteClinic and the Health100 technology services business. This company will be named “CVS Pharmacy.” Upon separation, David Joyner, currently chairman and CEO of CVS Health, will be the chairman and CEO of the healthcare solutions company. Prem Shah, currently group president of CVS Health, will be the CEO of CVS Pharmacy. Additional leadership positions and board members will be announced at a later date. “Our history is defined by proactively evolving to stay ahead of what’s next in healthcare, and in today’s environment, that means delivering more affordability, greater access and a simpler experience,” says Joyner. “Over the last two years, we have made meaningful progress: We built a world-class leadership team, strengthened our financials, revitalized operations across the enterprise and drove…

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Progressive Negotiates $6M Sale of Retail Center in Rancho Cucamonga, California

Amy Works — Tue, 03 Nov 2026 16:13:42 +0000

RANCHO CUCAMONGA, CALIF. — Progressive Real Estate Partners has negotiated the $6 million sale of Allmark Plaza, a 16,926-square-foot retail center located in Rancho Cucamonga. Built in 1986, Allmark Plaza was fully leased at the time of sale to tenants including Domino’s Pizza, Mini-Mart, a nutrition shop, Mexican restaurant, diet center, salon, donut shop, day spa, dry cleaners and a dental office. Lance Mordachini and Monica Dal Bianco-West of Progressive represented the buyer, a California-based private investor. The seller, Allmark Property Management, represented itself.

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Cushman & Wakefield Brokers $109.5M Sale of Northern New Jersey Shopping Center

Taylor Williams — Tue, 03 Nov 2026 16:00:10 +0000

WOODCLIFF LAKE, N.J. — Cushman & Wakefield has brokered the $109.5 million sale of Tice’s Corner, a lifestyle shopping center located in the Northern New Jersey community of Woodcliff Lake. The square footage was not disclosed, but according to the brokerage team, the sale represents “one of New Jersey’s largest single-asset retail transactions of the past decade.” Tenants include The Apple Store (anchor), Pottery Barn, Anthropologie and Free People. Joanna Manfro of Cushman & Wakefield represented the buyer, Boston-based owner-operator WS Development, in the transaction. David Waldman of David Adam Realty represented the seller, an institutional owner doing business as WS Tice’s Inc.

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Cronheim Mortgage Arranges $70M Acquisition Loan for Long Island Shopping Center

Taylor Williams — Tue, 03 Nov 2026 15:51:15 +0000

COMMACK, N.Y. — New Jersey-based intermediary Cronheim Mortgage has arranged a $70 million acquisition loan for the 221,000-square-foot Mayfair Shopping Center in Commack, located on Long Island. Built in 1958, the center was 99 percent leased at the time of sale. Lidl, Planet Fitness and PGA Tour Superstore are the anchors, and other tenants include Gap, Sephora, J.Crew Factory, H&R Block, Tropical Smoothie Café and MyGym. Allison Villamagna and Andrew Stewart of Cronheim represented the seller in the disposition of the center and simultaneously arranged the loan through Voya Investment Management on behalf of the buyer, New York-based REIT Brixmor Property Group.

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Colliers Negotiates $14M Sale of Shopping Center in Gulf Breeze, Florida

John Nelson — Tue, 03 Nov 2026 15:07:07 +0000

GULF BREEZE, FLA. — Colliers has negotiated the $14 million sale of Live Oak Village, a 107,065-square-foot shopping center located at 1151 Gulf Breeze Parkway in Gulf Breeze, a beach town in Florida’s Panhandle. Brad Peterson and Whitaker Leonhardt of Colliers represented the seller, Exposition Properties, in the transaction. Chris Dozier of Kuebel Realty Co. represented the buyer, Dorsey Development. United Community Bank provided an acquisition loan for the New Orleans-based buyer. Live Oak Village is anchored by a dual-branded Bealls and Home Centric. Bealls has operated at the center for 28 years, and Home Centric joined the tenant roster in 2022. Other tenants include Highpoint Church, YMCA and Dollar General.

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Dallas Design District Emerges as High‑Demand Market for Retail Investment

Taylor Williams — Tue, 03 Nov 2026 12:48:00 +0000

By Jeff Lefko, executive vice president, partner, Hanley Investment Group Real Estate Advisors The Dallas Design District has entered a new phase of growth that is reshaping its identity and elevating its position within the city’s retail landscape. Once known primarily for showrooms and industrial buildings, the district has become one of Dallas’ most active destinations for dining, entertainment and luxury commerce. The shift has been rapid, and the momentum in 2026 is unmistakable. New openings this year have reinforced that trend. Delilah Dallas, a 1920s-inspired supper club that blends dining with live entertainment, arrived early in the year. Alara, a modern Mediterranean concept built around mezze and shared plates, followed soon thereafter, as did Ospi, a handmade pasta and Roman-style pizza restaurant co-owned by Top Chef contestant Jackson Kalb. Additional arrivals include La Lupita, a Los Cabos-born taquería and mezcalería making its U.S. debut, and Juliet, a Houston-based, movie theater-inspired steakhouse, opened in October next door to Delilah. The recent openings broaden the district’s lineup of destination dining. Operators are choosing the district because it offers visibility, a high-income customer base and proximity to neighborhoods such as Uptown, Downtown, Victory Park and the Medical District. The district’s transformation is…

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Faris Lee Brokers $37.3M Sale of 97,319 SF Retail Space in Lakewood, California

Amy Works — Mon, 02 Nov 2026 17:12:51 +0000

LAKEWOOD, CALIF. — Faris Lee Investments has arranged the sale of a 97,319-square-foot portion of Lakewood Center, a retail center in Lakewood. A consortium of multiple owners sold the asset to an undisclosed seller for $37.3 million. Situated on 5 acres within Lakewood Center, the sold portion is leased to tenants including Burlington, 24 Hour Fitness and Bank of America. Don MacLellan, Jeff Conover, Scott DeYoung and Greg Lukosky of Faris Lee represented the seller in the deal. This is the second large portion of Lakewood Center that Faris Lee has sold this year, culminating in a total of $76 million. Lakewood Center occupies a full city block at four major signalized intersections. Major retailers at the center include Costco, Target, The Home Depot and Albertsons.

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Coastal Commercial Arranges Sale of Historic Balboa Theater in Newport Beach, California

Amy Works — Mon, 02 Nov 2026 17:08:33 +0000

NEWPORT BEACH, CALIF. — Coastal Commercial has brokered the sale of Balboa Theater, a nearly century-old landmark theater located at 707 E. Balboa Blvd. in Newport Beach. A local family office sold the asset to a local private real estate investor for an undisclosed price. The new owner plans to restore the theater, which originally opened in 1928 as Ritz Theater. The theater ultimately closed in 1991 and despite previous restoration efforts, the property has remained closed for approximately 35 years. Coastal Commercial represented the seller, while Christian Emerson of The Oppenheim Group represented the buyer in the transaction.

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Marcus & Millichap Brokers $7.3M Sale of Retail Building Leased to 7-Eleven in Alice, Texas

Taylor Williams — Mon, 02 Nov 2026 15:12:14 +0000

ALICE, TEXAS — Marcus & Millichap has brokered the $7.3 million sale of a 4,874-square-foot retail building in Alice, about 50 miles west of Corpus Christi, that is leased to 7-Eleven. The building was constructed on a 1.9-acre site at 1910 E. Main St. in 2025. Zack House, Mark Ruble and Chris Lind of Marcus & Millichap represented the buyer, an Arizona-based limited liability company that acquired the building via a 1031 exchange, in the transaction. The seller was a Texas-based limited partnership. Both parties requested anonymity.

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Weitzman Arranges Sale of 17,836 SF Retail Strip Center in Arlington

Taylor Williams — Mon, 02 Nov 2026 15:03:59 +0000

ARLINGTON, TEXAS — Weitzman has arranged the sale of Cooper Oaks, a 17,836-square-foot retail strip center in Arlington. The center is home to tenants such as ATI Physical Therapy, Bricks & Minifigs and Donut Palace, as well as a dentist, Vietnamese restaurant, barbeque restaurant and a nail salon. Kevin Butkus, Guillermo Lopez and Stephen Schmidt of Weitzman negotiated the sale on behalf of the buyer, a limited partnership managed by Weitzman. Will Merritt internally represented the seller, Merritt Capital Partners.

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JLL Negotiates $32.5M Sale of Power Retail Center in Birmingham

John Nelson — Fri, 30 Oct 2026 14:56:48 +0000

BIRMINGHAM, ALA. — JLL has negotiated the $32.5 million sale of the second phase of Village at Lee Branch, a power retail center located at 1201 Doug Baker Blvd. in Birmingham. Brad Buchanan, Jim Hamilton and Anton Serafini of JLL represented the seller, Atlanta-based Cygnus Capital, in the transaction. The buyer was Richmond-based Hackney Real Estate Partners. Situated in Birmingham’s Meadowbrook submarket along U.S. Highway 280, Village at Lee Branch was 83 percent leased at the time of sale to tenants including Onelife Fitness, Hobby Lobby and Dollar Tree. The property sits adjacent to the first phase of Village at Lee Branch, which is anchored by Publix.

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Matthews Brokers Sale of Magnolia Marketplace Shopping Center in New Orleans

John Nelson — Fri, 30 Oct 2026 14:55:43 +0000

NEW ORLEANS — Matthews has brokered the sale of Magnolia Marketplace, a 115,281-square-foot shopping center located at 2900 S. Claiborne Ave. in New Orleans. Pierce Mayson, Kyle Stonis and Boris Shilkrot of Matthews represented the locally based seller, Stirling Properties, and sourced the buyer, Agree Realty. The sales price was not disclosed, but the deal marks the highest sales price for a retail property sold within New Orleans’ Mid-City/Central City submarket within the past 10 years, according to data from CoStar Group. Built in 2015 by Stirling, Magnolia Marketplace was fully leased at the time of sale to tenants including Ross Dress for Less, T.J. Maxx, Michaels, Five Below, PetSmart and Ulta Beauty. Stirling is retaining ownership of an outparcel at the center leased to Raising Cane’s.

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Core Acquisitions, Midloch Investment Buy Shopping Center Near Denver for $30.2M

Amy Works — Fri, 30 Oct 2026 14:16:36 +0000

LAKEWOOD, COLO. — Deerfield, Ill.-based Core Acquisitions and Chicago-based Midloch Investment Partners have acquired Lamar Station Plaza, a regional shopping center in Lakewood, approximately five miles west of downtown Denver. An undisclosed seller sold the asset for $30.2 million. Lamar Station Plaza features 271,632 square feet of retail space anchored by Casa Bonita, a Mexican restaurant and entertainment destination owned by “South Park” television show creators Trey Parker and Matt Stone. The 1,000-seat Casa Bonita features live entertainment with an indoor waterfall and cliff-diving pool and accommodates more than 650,000 visits annually. Additional tenants include Ross, Planet Fitness, Dollar Tree, Dutch Bros. and ARC Thrift Stores. At the time of sale, the property was 76 percent occupied. The buyers secured a new mortgage loan from Old National Bank for the purchase, which was brokered by Cushman & Wakefield. An affiliate of Core will manage the property, with Cushman & Wakefield handling leasing efforts. The new ownership plans to execute a targeted capital improvements program for the asset. Upgrades include an enhanced façade, upgraded signage, roof replacements, parking lot and landscaping upgrades and an increased focus on operations, including janitorial and sweeping services.

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CBRE Brokers $18.3M Sale of Five Retail Properties in Eastvale, California

Amy Works — Fri, 30 Oct 2026 14:06:50 +0000

EASTVALE, CALIF. — CBRE has facilitated the $18.3 million sale of five retail properties at Eastvale Gateway South, a retail portfolio at 12464-12574 Limonite Ave. in Eastvale. Edward Matevosian, Cray Carlson and Jenny Eng of CBRE represented the seller in the transactions and also represented the multiple buyers. Situated on 5.4 acres and totaling 236,096 square feet, the transactions include:

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Wayfair to Open 95,000 SF Store at North Hills Village in Pittsburgh

Taylor Williams — Fri, 30 Oct 2026 14:00:02 +0000

PITTSBURGH — Wayfair will open a 95,000-square-foot store in Pittsburgh. The store, which will be located just outside the downtown area within the North Hills Village shopping center, will be the first in Pennsylvania for the Boston-based furniture provider. The store will feature an onsite design studio and consulting services for individual room furnishings or larger renovation projects. The opening is set for some time next year.

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Cooper Group Brokers $7M Sale of Springdale Town Center in Cincinnati

Kristin Harlow — Fri, 30 Oct 2026 13:45:31 +0000

CINCINNATI — The Cooper Commercial Investment Group has brokered the $7 million sale of Springdale Town Center in Cincinnati. Bob Havasi and Dan Cooper of Cooper Group represented the seller, an East Coast-based private investment group. A private New York-based group purchased the property at a cap rate of 7.3 percent and 99 percent of the list price. The property totals 43,071 square feet.

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MINISO LAND Opens at Easton Town Center in Columbus, Ohio

Kristin Harlow — Fri, 30 Oct 2026 13:44:53 +0000

COLUMBUS, OHIO — MINISO LAND has opened at Easton Town Center in Columbus. MINISO is a global lifestyle retailer offering a selection of toys, plushies, collectibles, stationery, beauty essentials, home goods, fragrances, electronics and snacks. The new store is located inside the Easton Station Building. Expanding on the traditional MINISO store format, MINISO LAND offers a more immersive shopping experience with a greater emphasis on collectibles, character-driven merchandise and popular brand collaborations.

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