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Doral-Square
AcquisitionsFloridaRetailSoutheast

Terra Arranges $74M Sale of Doral Square Lifestyle Shopping Center in South Florida

by Abby Cox

DORAL, FLA. — Terra has arranged the $74 million sale of Doral Square, a 150,000-square-foot lifestyle shopping center in Doral, a western suburb of Miami. North Miami-based IMC Equity Group was the buyer. Mark Gilbert of Cushman & Wakefield brokered the transaction. Ocean Bank provided a $36 million acquisition loan to the buyer. Situated at the gateway to downtown Doral, the property is anchored by Marshalls, Ross Dress for Less and UFC Gym. Additional tenants include HomeGoods, Pet Supermarket, One Medical, Laser Away, AT&T, Paradise Grills, European Wax Center, First Watch, Jersey Mike’s, Just Salad, Panda Express, Nacion Sushi, Lima Bakery, Miu’s Tea and El Toro Loco. 

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District of ColumbiaMarket ReportsRestaurantRetailSoutheastSoutheast Market Reports

D.C. Retail Remains a Great Opportunity, If You Know Where to Look

by John Nelson

The Washington, D.C., commercial real estate market is intricate, shaped by broad economic trends and local dynamics. The recent federal government shutdown underscored ongoing challenges, intensifying uncertainty and slowing local transactions. Continued ambiguity around trade and tariff policies further complicates business planning, adding to the region’s cautious dealmaking environment. Anxiety affects the region’s key economic source: federal workers and contractors, who make up 40 percent of its economy. Since January 2025, federal job losses here have outpaced the national average, increasing the risk of a local slowdown. Despite the area’s wealth, ongoing job uncertainty should guide all investment and operational choices. The interplay between federal employment trends and local business activity means that investors and operators must remain vigilant, adapting strategies to respond to shifting workforce dynamics and consumer sentiment. Tale of two marketsThe D.C. retail market is split: downtown faces challenges due to office vacancies and low weekday traffic, while suburban and residential-heavy urban areas are thriving. Affluent spots in Northern Virginia and Suburban Maryland have the lowest vacancy rates thanks to stable local shoppers. These areas benefit from consistent foot traffic and resilient spending patterns, which help insulate them from broader economic volatility. From a capital markets perspective, …

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AcquisitionsNorth CarolinaRetailSoutheast

Sigmund Cos. Acquires 84,373 SF Grocery-Anchored Retail Center in Cary, North Carolina

by Abby Cox

CARY, N.C. — The Sigmund Cos. (TSC) has acquired Millpond Village, an 84,373-square-foot grocery-anchored retail center located in Cary, a suburb of Raleigh. TSC will operate the property as part of a joint venture with a Washington, D.C.-based institutional partner. Anchored by Publix, Millpond Village features other national tenants such as Dollar General and Starbucks. Berkeley Capital Advisors represented the undisclosed seller in the transaction. CBRE will handle leasing at Millpond Village, while Cushman & Wakefield will provide management services.

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One-Colorado-Pasadena-CA
CaliforniaLeasing ActivityRestaurantRetailWestern

Perform Properties Signs Six New Tenants to One Colorado Shopping Center in Pasadena

by Amy Works

PASADENA, CALIF. — Perform Properties has signed six new leases at One Colorado, a 240,000-square-foot urban lifestyle center in Pasadena. Contemporary Mexican restaurant Javier’s and New York-based fashion brand rag & bone are already open at the property. The recent openings coincided with the debut of the redesigned courtyard, which features a series of outdoor “rooms.” Meanwhile, various concepts such as Sundays, Monarch Athletic Club, Sockerbit and Thaim will launch in 2026. Additional tenants at One Colorado include The Cheesecake Factory, Anthropologie, Alo Yoga, The Container Store, Sephora and Vuori.

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AcquisitionsArizonaRetailWestern

Time Equities Acquires Cactus Plaza Retail Property in Glendale, Arizona for $4.5M

by Amy Works

GLENDALE, ARIZ. — New York City-based Time Equities Inc. (TEI) has acquired Cactus Plaza, a 25,620-square-foot neighborhood shopping center in Glendale, roughly nine miles northwest of downtown Phoenix near the Arizona State University West Valley campus. Built in 1985, the center was 93 percent leased to a mix of restaurant, beauty and service-oriented tenants at the time of sale. Cactus Plaza marks the second retail property that TEI has acquired in the state. Ami Ziff, Jonathan Kim and Grant Scott internally represented TEI in the transaction. Chase Dorsett of Newmark represented the seller.

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AcquisitionsRetailTexas

Faris Lee Negotiates Sale of 11,266 SF Retail Strip Center in Princeton, Texas

by Taylor Williams

PRINCETON, TEXAS — California-based brokerage firm Faris Lee Investments has negotiated the sale of Princeton Plaza, an 11,266-square-foot retail strip center located roughly 40 miles northeast of Dallas. The newly constructed center was fully leased at the time of sale to tenants such as Tropical Smoothie Café, Pizza Hut, Hotworx, Modern Nail Bar, Princeton Dental and 380 Smoke & Vape. Nick Miller and Shaun Riley of Faris Lee represented the buyer, a local investor, in the transaction.

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AcquisitionsNew JerseyNortheastRetail

Marcus & Millichap Brokers $7.2M Sale of Shopping Center in Brick, New Jersey

by Taylor Williams

BRICK, N.J. — Marcus & Millichap has brokered the $7.2 million sale of Yorketown Plaza, a 41,219-square-foot shopping center in Brick, located near the Jersey Shore. The center sits on 5.8 acres and is home to tenants such as Domino’s, Mariner Finance, Crown Fried Chicken, Nova Games and Community Medical Center. Brent Hyldahl, Alan Cafiero and Seth Goldberg of Marcus & Millichap represented the seller, Ocean County Equities LLC, in the transaction. The buyer was not disclosed.

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LoansNew YorkNortheastRetail

Ariel Property Advisors Arranges $6.5M Acquisition Loan for Brooklyn Retail Building

by Taylor Williams

NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has arranged a $6.5 million acquisition loan for a 12,500-square-foot retail building in the Bedford-Stuyvesant area of Brooklyn. The building formerly housed a Rite Aid store. Matthew Dzbanek and Matt Swerdlow of Ariel arranged the five-year bank loan, which carried an interest rate of 6.25 percent. The borrower is an owner and operator of stores of regional grocer Foodtown.

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SPP-Entertainment-Center-Tampa
DevelopmentFloridaMixed-UseRestaurantRetailSoutheastTop Stories

Strategic Property Partners to Develop Entertainment District in Downtown Tampa

by Abby Cox

TAMPA, FLA. — Strategic Property Partners (SPP) has announced plans to develop an entertainment district in downtown Tampa. The district is proposed for a vacant parcel across from Benchmark International Arena, the 19,092-seat home of the NHL’s Tampa Bay Lightning. Situated on Channelside Drive between Morgan and Jefferson streets, the new district will support the broader $3 billion Water Street Tampa neighborhood. SPP plans to partner with Lightning owner Vinik Sports Group (VSG) to manage the entertainment venue, which will be privately financed. “Water Street Tampa was designed to evolve, and this entertainment district is the next step in completing the larger vision,” says Josh Taube, CEO of SPP. “Water Street Tampa is a dynamic neighborhood with waterfront, public spaces, residences, retail, hotels and offices all connected through a walkable experience. This project activates the western edge of the neighborhood by adding an entertainment energy through live music and cultural experiences, strengthening ‘WST’ as a preeminent destination.” Upon full build-out, Tampa’s new entertainment district will include a 3,500-seat music and performance venue for rising and mid-tier touring artists; a 250-room hotel; and 100,000 square feet of retail, dining and entertainment space. SPP aims to break ground on the project in …

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AcquisitionsFloridaRetailSoutheast

Cushman & Wakefield Negotiates Sale of 134,832 SF Publix-Anchored Shopping Center in Boca Raton, Florida

by John Nelson

BOCA RATON, FLA. — Cushman & Wakefield has negotiated the sale of Polo Club Shops, a 134,832-square-foot shopping center located in Boca Raton. The center is anchored by Publix, which completed a full demolition and reconstruction of its store in 2022, expanding the property by an additional 48,387 square feet. Mark Gilbert, Adam Feinstein and Mitchell Halpern of Cushman & Wakefield represented the seller, Atlanta-based Jamestown Properties, in the transaction. The buyer, Publix Super Markets, purchased the shopping center for an undisclosed price. The Lakeland, Fla.-based grocer is operating with a new 20-year lease. Other tenants at Polo Club Shops include Beignets & Brews, Brendy’s Ice Cream, Ernie’s Açai Bowls, First Watch, Peak Beauty Studio, Manhattan Joe’s Pizzeria, Pet Supermarket and Phenix Salon Suites.

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