Wednesday, September 16, 2026
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Retail

Terra-Nova-Plaza-Chula-Vista-CA
AcquisitionsCaliforniaRetailWestern

JLL Negotiates $30.4M Sale of Fully Leased Retail Center in Chula Vista, California

by Amy Works

CHULA VISTA, CALIF. — JLL Capital Markets has arranged the $30.4 million sale of Terra Nova Plaza, a fully leased retail center in the San Diego Bay city of Chula Vista. A global investment manager sold the property to an undisclosed buyer. Located at 390 H St., Terra Nova Plaza features 96,114 square feet of retail space that is home to a 44,477-square-foot Dick’s Sporting Goods store and a 51,637-square-foot Floor & Decor store, both of which are subject to long-term leases. Gleb Lvovich, Daniel Tyner and Geoff Tranchina of JLL Capital Markets represented the seller in the transaction.

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Link-OC-Anaheim-CA
AcquisitionsCaliforniaRetailWestern

Newmark Pacific Arranges $16.5M Sale of Link OC Retail Center in Anaheim

by Amy Works

ANAHEIM, CALIF. — Newmark Pacific has arranged the $16.5 million sale of Link OC, a shopping center in Anaheim. An undisclosed seller sold the property to Northpond Acquisition. Located at 1071, 1081 and 1095 N. Tustin Ave., Link OC features 26,385 square feet of necessity-based retail space and was fully leased at the time of sale. Current tenants include Reborn Coffee, Wendy’s, Byblos Mediterranean Grill, Pampanga Food Co., Spin Poke & Grill and MD Clinics Urgent Care. The property was renovated in 2017. Pete Bethea, Glenn Rudy and Rob Ippolito of Newmark Pacific represented the seller in the deal.

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LoansNew JerseyNortheastRetail

CBRE Arranges $18.4M in Financing for Shopping Center in Perth Amboy, New Jersey

by Taylor Williams

PERTH AMBOY, N.J. — CBRE has arranged $18.4 million in financing for ≈, a 91,280-square-foot shopping center located in the Northern New Jersey community of Perth Amboy. A 60,665-square-foot ShopRite grocery store anchors the center, which was fully leased at the time of the loan closing to 15 tenants with a weighted average remaining lease term of 6.1 years. Richard Henry, Mike Ryan, Blake Cohen and J.P. Cordeiro of CBRE arranged the loan on behalf of the owner, Sterling Organization. The direct lender was not disclosed.

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Hylo-Park-N-LV-NV
DevelopmentNevadaRetailWestern

Agora Realty Completes Construction of 90,750 SF Grocery-Anchored Retail Center in North Las Vegas

by Amy Works

LAS VEGAS — Agora Realty has completed construction of Hylo Park South, a 90,750-square-foot grocery-anchored retail center located in North Las Vegas. The property will serve as the central gathering place for Hylo Park, a 73-acre master-planned community that is currently under development. Cardenas Markets anchors the 11-acre center, which was delivered 95 percent leased. Tenants include Ross Dress for Less, Starbucks Coffee, Chipotle Mexican Grill, In-N-Out Burger, PDS Health, AT&T, The UPS Store, Chase Bank, Allstate, Sourdough & Co. and Tesla.

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AcquisitionsMichiganMidwestRetail

SRS Brokers $6.9M Sale of Single-Tenant Retail Property in Kalamazoo, Michigan

by Kristin Harlow

KALAMAZOO, MICH. — SRS Real Estate Partners has brokered the $6.9 million sale of a single-tenant retail property located at 2103 Parkview Ave. in Kalamazoo. D&W Fresh Market, operated by a subsidiary of C&S Wholesale, occupies the 29,000-square-foot building. Originally built in 1955, the property is situated on 2.3 acres. The current lease extends through Dec. 31, 2031, and includes three five-year renewal options that could extend occupancy through 2046. Jeff Gates of SRS represented the seller, a Toronto-based investor group. The buyer was an institutional investor. D&W Fresh Market has operated at the location for decades.

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AcquisitionsRetailSoutheastTennessee

JLL Brokers Sale of Publix-Anchored Shopping Center in Metro Nashville

by John Nelson

GALLATIN, TENN. — JLL has brokered the sale of Newmans Crossing, a 63,987-square-foot retail center located at 1931 Long Hollow Pike in Gallatin, approximately 30 miles northeast of Nashville. Built in 2023, the fully leased property is anchored by a 48,387-square-foot Publix. Other tenants include Agaves Mexican Restaurant, Kung Fu Tea, Ichiban Steak Express, Fowler Family Dentist, Galaxy Nail Bar and Crown & Iris. Jim Hamilton, Brad Buchanan and Charlie Merrigan of JLL represented the seller, Birmingham, Ala.-based Blackwater Real Estate, in the transaction. Publix Super Markets Inc. purchased Newmans Crossing for an undisclosed price.

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AcquisitionsRetailTexas

Marcus & Millichap Brokers Sale of 17,107 SF Retail Strip Center in Flower Mound, Texas

by Taylor Williams

FLOWER MOUND, TEXAS — Marcus & Millichap has brokered the sale of Long Prairie Plaza, a 17,107-square-foot retail strip center in Flower Mound, located in the northern-central part of the metroplex. Built in 2022, the center was fully leased at the time of sale to tenants such as Active Dental, Teacupfuls, Fiore Nail Bar, Cold Stone Creamery, JDX Blinds, Zelena Head Spa, Degree Wellness and Donatos Pizza. Philip Levy and Chris Gainey of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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DevelopmentLeasing ActivityMidwestMissouriRestaurantRetail

Texas Roadhouse to Open at Olive Crossing in Olivette, Missouri

by Kristin Harlow

OLIVETTE, MO. — Texas Roadhouse will open at Olive Crossing in the St. Louis suburb of Olivette. Keeley Properties and KEAT Properties are developing Olive Crossing, a mixed-use project spanning 14.8 acres that is currently home to The Clover luxury apartments and a retail lineup including Aldi, Paris Baguette, Tropical Smoothie Café, Verizon and The Brass Tap. Construction details and the anticipated opening timeline for Texas Roadhouse will be announced as they become available.

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ArizonaDevelopmentRetailWestern

Safeway Opens 64,000 SF Grocery Store at Mixed-Use Development in Metro Phoenix

by Amy Works

GILBERT, ARIZ. — Grocer Safeway has opened a 64,000-square-foot store at The Gilmore, a 35-acre mixed-use development by Thompson Thrift that is located in the Phoenix suburb of Gilbert. Safeway will anchor the $225 million project, which is set to feature 300 luxury apartments, a hotel and roughly 200,000 square feet of boutique shopping, dining and public gathering spaces. Additional retail and restaurant tenants will include Better Buzz Coffee, Handel’s Ice Cream, Jersey Mike’s, Nook Kitchen, Over Easy, EDO Japan, Rebel Wine Lounge, Phantom Fox Brewery, Outcast Doughnuts, Level 1 Arcade Bar, Sweathouz and Honey Go Nails. Retail spaces at The Gilmore are expected to begin opening in late 2026, while residential move-ins and the overall project rollout will stretch into early 2027.

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AcquisitionsMassachusettsNortheastOfficeRetail

ABG Commercial Negotiates $7M Sale of Retail, Office Building in Natick, Massachusetts

by Taylor Williams

NATICK, MASS. — Locally based brokerage firm ABG Commercial Realty has negotiated the $7 million sale of a 24,448-square-foot office and retail building in the western Boston suburb of Natick. According to LoopNet Inc., the building at 801 Worcester St. was completed in 1985. Bernard Gibbons of ABG Commercial represented the buyer, Empire Management, in the transaction. JLL represented the seller, Cognex, a locally based manufacturer of machine vision systems, software and industrial barcode readers.

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