CORSICANA — The Silver Group has brokered the sale of an approximately 3,000-square-foot Jack in the Box restaurant, located in Corsicana. Barry Silver of The Silver Group represented the buyer, an investor, in the transaction. Nick Farris of Marcus & Millichap's Dallas office represented the undisclosed seller.
WEST VALLEY CITY, UTAH – Target plans to open a new store near 5600 West Street and Lake Park Boulevard in West Valley City this July. This will be the first of the chain’s five CityTarget locations to open this year. The store will be composed of about 135,000 square feet.
GREENVILLE, S.C. — The 50,000-square-foot Lewis Plaza Shopping Center, located at 1700 Augusta St. in Greenville, has been sold for $4.25 million. The property is 90 percent leased to tenants including McAllister's Deli, Wells Fargo and UPS. Frank Halter, Pete Brett and David Sigmon of Greenville-based Coldwell Banker Commercial Caine represented the seller in the transaction. Paul Holder of Greenville-based AVTEX Commercial Properties represented the buyer, Lewis Plaza Partners, a partnership formed by AVTEX Commercial Properties.
BARBOURSVILLE, W. VA. — Cleveland-based The Cooper Group has arranged the $1.6 million sale of the leasehold interest in the 43,150-square-foot Barboursville Center, located at 5-13 Mall Rd. in Barboursville. The center is fully leased and is shadow-anchored by Walmart, Hobby Lobby, La-Z-Boy Furniture and Discount Drug Emporium. Dan Cooper of The Cooper Group represented DDR Continental, the seller, in the transaction and procured the buyer, a Youngstown, Ohio-based private group.
DALLAS, EDINBURG AND TULSA, OKLA. — Party City Corp. has leased three store locations ranging from 12,000 square feet to 12,635 square feet in Dallas, Edinburg and Tulsa. The Dallas store is located in Wheatland Towne Crossing at Interstate 20 and Wheatland Road. The Edinburg store is located in The Shoppes at Rio Grand Valley at the corner of Trenton Road and U.S. Highway 281. The Tulsa store was located in the Mingo Marketplace Shopping Center at 10111 E. 71st St. Larry Leon and Jonathan Cooper of Venture Commercial's Dallas office represented the tenant in the lease transactions. The landlords were all self-represented.
CHARLOTTE, N.C. — A 12,900-square-foot CVS/pharmacy, located at 8220 Mt. Holly-Huntersville Rd. in Charlotte, has been sold for $5.5 million. Matt Mousavi and Rich Berlinghof of Faris Lee Investments' New York City office represented North Carolina-based KM Pharmacy Investors, the seller, in the transaction. Colliers International represented California-based Kerley-Capital Expressway, the all-case buyer.
TAMPA, FLA. — Marcus & Millichap has arranged the $2.07 million sale of a 16,500-square-foot, Family Dollar-anchored strip center, located at 1727 E. Busch Blvd. in Tampa. The property is fully leased to Family Dollar, Aaron's and Amscot Financial. Leon Brockmeier and Michael Jaworski of Marcus & Millichap's Tampa office represented the seller, a Tampa-based developer, in the transaction and procured the buyer, a Tampa-based private investor.
OAK BROOK, ILL. — Orlando-based Cuhaci & Peterson Architects has completed the design work to build a new Season 52 restaurant in Oak Brook. The 10,000-square-foot restaurant is now under construction and slated for completion this spring.
DOWNEY, CALIF. – A Walgreens property that is located at 8030 Imperial Highway in Downey has sold to Downey Property Investments, LLC for $8.1 million. The property had previously housed a vacant industrial park and a free-standing outparcel before it was acquired and redeveloped by Heslin Becker Properties. The firm still maintains possession of the outparcel building, which it plans to re-tenant. The acquisition was led by Casey McKeon of Heslin Becker.
PANORAMA CITY, CALIF. — An 11,481-square-foot retail building located at 14600 Roscoe Blvd. in Panorama City has sold to Pluto Holdings, LLC, an affiliate of Kidney Center, for $2,575,000. Pluto was represented by Christopher E. Maling, David Maling and Phyllis Palin out of Colliers’ Downtown Los Angeles office, and Shawn Salimian out of the firm’s Encino, Calif., office. The seller, Roscoe Blvd Panorama City, LLC, was represented by Bryan Norcott of Studley Retail.