CLINTONVILLE, WIS. — The Redmond Company has been selected to construction a 13,650-square-foot retail building at the corner of Main and Madison streets in Clintonville. Occupied by Walgreens, the retail building will include a tower element, awnings, polished concrete floors, exposed ceilings and a customer-centric format.
Retail
LOVELAND, COLO. — Golden Corral will be opening an 11,270-square-foot establishment at Van de Water, McWhinney’s 370-acre mixed-use development located at Highway 34 and Sculpture Drive in Loveland. Situated directly across from Kohl’s department store, the family-friendly buffet and grill restaurant will be able to accommodate 398 guests when doors open in August.
CAPE CORAL, FLA. — Fort Myers, Fla.-based J. L. Wallace has broken ground for the construction of a new site for Premiere Auto Service Center of SW Florida LLC. Located at 3918 Chiquita Blvd. South in Cape Coral, the 4,240-square-foot building will have several service bays, a tire storage area and an 800-square-foot customer service and waiting area. The project also includes site utilities, storm drainage, asphalt paving, curbing and landscaping. Titsch & Associates Architects is providing architectural services and Quattrone & Associates is serving as civil engineer.
LAPEER AND TECUMSEH, MICH. — Cassidy Turley BRE Commercial has negotiated two retail sales totaling $11.56 million in Michigan. In the first transaction, PVP Lapeer LLC purchased a $14,550-square-foot retail building, which is located at 571 S. Main St. in Lapeer. Lapeer Green LLC sold the property, which is occupied by Walgreens, for $6.67 million. Matt McNeil of Cassidy Turley BRE represented the buyer in the transaction. In the second deal, McNeil represented PVP Tecumseh LLC in the acquisition of a 13,580-square-foot retail building at 1330 W. Chicago Blvd. in Tecumseh. Tecumseh Green LLC sold the property, which is occupied by Walgreens, for $4.86 million.
MIDLOTHIAN, ILL. — An Illinois-based private investor has purchased a 3,000-square-foot retail property in Midlothian for $685,000. The property, which is situated on a 35,619-square-foot parcel, is fully leased to Wendys. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the buyer and the undisclosed seller in the transaction.
BOSTON — Linear Retail Properties has acquired four retail condominium units in Boston for approximately $6 million. The condos total 5,716 square feet of space and are located on the first two floors of 292-296 Newbury Street. Tenants include MiniLuxe Back Bay spa, Michael Labrecque Salon, Audrey's Pet Supply & Services and Vibram USA footwear, which will open in the spring. Lisa Campoli and Nick Herz of Colliers International represented the undisclosed seller.
DEDHAM, MASS. — CMI Properties has broken ground for the construction of a 5,000-square-foot addition to a 45,000-square-foot retail center located at 780 Providence Highway in Dedham. The project is scheduled for completion this summer; Elliot & Co. is marketing the space. Existing tenants at the two-building retail center include Bed Bath & Beyond, Verizon Wireless, The Vitamin Shoppe and Massage Envy.
ALLENDALE, N.J. — Construction is complete for the renovation of Allendale Town Center, a 90,000-square-foot shopping center located at 35-63 W. Allendale Ave. in Allendale. The project, which was overseen by Hollister Construction Services, consisted of the renovation of 20 individual retail stores, a façade replacement, the reconfiguration of the parking lot, and new entry features, lighting, sidwalks, curbing, paving and landscaping. Ives, Schier & Lesser designed the project. The Azarian Group owns Allendale Town Center.
HENDERSON, NEV. — Gatski Commercial Real Estate Services has closed the $1.39 million sale of a 14,936-square-foot retail property located at 249 N. Stephanie St. in Henderson. Gatski’s Rob Lujan represented Fischer Family Trust in its disposition of the pad building to Stephanie 249 LLC, which plans to convert the former furniture showroom space into a home-improvement/flooring store.
FAIRFIELD, CALIF. — The Silver Group has arranged the almost $1.26 million sale of a Wendy’s restaurant in Fairfield. Greg Cunha of the San Rafael, Calif.-based firm handled the off-market transaction involving a local private investor seeking a Bay Area addition to his portfolio. The new tenant at the fast-food property is a multi-unit franchisee with several Bay Area Wendy’s locations.