DANVILLE, ILL. — The Silver Group has arranged the $1.8 million sale of a Goodwill retail store in Danville. The 15,000-square-foot building was originally developed and occupied by Osco Drugs until the company was acquired by CVS/pharmacy. A developer working with Goodwill acquired the building and retrofitted it for Goodwill Industries. Barry Silver of The Silver Group represented the seller in the transaction. The buyer was a Canadian family trust.
NEW YORK CITY — An 11,700-square-foot retail property at 2207 Adam Clayton Power Jr. Blvd. in Manhattan has sold for $3.1 million. The property includes one commercial unit, which was previously occupied by the nightclub Zipcode. Prior to that, the building was the site of Jimmy's Uptown restaurant. Currently vacant, the building has sold to a religious not-for-profit group that plans to hold services and community events in the space. Brian Leary, Duke McCabe and Tim Conan of CPEX represented the sellers in the transaction. Jennifer Polovetsky represented the buyers.
CHESTNUT HILL, MASS. — Chestnut Hill Shopping Center has landed five retail tenants for a new 115,000-square-foot building where a recently demolished Macy's once stood. National Amusements will lease 40,000 square feet for a six-screen Cinema de Lux movie theater, which is slated to open in 2013. The Sports Club/LA will open a 33,000-square-foot fitness club in January 2013. Additional tenants will include Shake Shack, Pinkberry Frozen Yogurt and Bernard's. The new building is part of a larger redevelopment at Chestnut Hill, which will expand by 406,000 square feet. The Torrey Co. is constructing the redevelopment on behalf of WS Development.
HARLINGEN, WESLACO AND MCALLEN — Irving-based CEC Entertainment plans to open three 15,400-square-foot Chuck E. Cheese's locations in Harlingen, Weslaco and McAllen. The Harlingen location is slated to open in September in the Harlingen Corners shopping center. The Weslaco location is anticipated to break ground next in Valley Crossing Shopping Center. The McAllen location will be built at the northwest corner of 10th Street and Trenton Road. Dallas-based Ranger Retail Partners is serving as the exclusive tenant representative.
WOODRUFF, S.C. — The 92,360-square-foot Patton Square, a neighborhood shopping center located in Woodruff, has sold for $6.65 million. Bi-Lo and Ace Hardware anchor the center. Additional tenants include Little Caesars, Jackson Hewitt, Edward Jones and Advance America. Kyle Stonis and Pierce Mayson of SRS Real Estate Partners' Atlanta office represented Patton Square LLC, the seller, in the transaction and procured the buyer.
FARMINGTON HILLS, MICH. — Farmington Hills-based Ramco-Gershenson Properties Trust has agreed to acquire four shopping centers in Wisconsin, Missouri and Colorado for more than $105 million. The purchase includes the $21.6 million Central Plaza, a 166,468-square-foot shopping center in St. Louis. The center is fully leased and anchored by Office Max and JoAnn Fabrics. Also included is the $15.1 million Nagawuakee Shopping Center in Milwaukee, which is anchored by a Kohl's Department Store. The center consists of 113,617 square feet. The Boulder, Colo.-based shopping centers include Harvest Junction North and Harvest Junction South, which are $35.5 million and $33.7 million, respectively. The acquisition is expected to close later this month or early June.
WALL TOWNSHIP, N.J. — Construction is complete on the 44,000-square-foot Sea Girt Square retail center at 2100 Route 35 in Wall Township. River Drive Construction rebuilt the structure, raised the ceilings heights and re-clad the store fronts. Gottesman Real Estate Partners is leasing the site to retail businesses and current tenants include Wings Fitness, Massage Envy and Village Coffee. The Dietz Partnership served as architect for the project.
MOORE, OKLA. — Construction is under way for a new 60,000-square-foot Dick's Sporting Goods, located in Fritts Farm Shopping Center in Moore. The store is one of the four Dick's opening in the Oklahoma City area. Direct Development is developing the new store, which is slated to open in the fall. Target and Home Depot anchor Fritts Farm, which features tenants such as Raising Cane's, Lenscrafters, Qdoba Mexican Grill, Jersey Mike's, Orange Leaf Frozen Yogurt, Great Clips and Sprint.
DESOTO — Fort Worth-based Speed Fab-Crete has begun renovating the 24,633-square-foot Chuck Fairbanks Chevrolet dealership, located at 629 N. I-35 E. in DeSoto. Callahan & Freeman are performing construction and design services for the project, which will feature and sales and service facility. Renovations include new exterior paintwork, a new customer lounge, renovated service and reception drive and offices, updates to existing showrooms and display areas, new floor finishes and mechanical and electrical upgrades. Completion is slated for this July. The project is Speed Fab-Crete's 12th car dealership it has renovated in north Texas.
MIAMI — Deerfield Beach, Fla.-based SIKON Construction Co. has broken ground on a $6.5 million, 37,000-square-foot Lorenzo Bomnin Chevrolet dealership, located at 8455 S. Dixie Hwy. in Miami. Howard Nudell designed the property, which is slated for completion in February 2013.