Retail

CrownPoint Arranges $9.2M Sale-Leaseback of Dental Portfolio in Michigan

by Hayden Spiess October 9, 2026

LANSING, MICHIGAN — National real estate brokerage firm CrownPoint Partners has arranged the $9.2 million sale-leaseback of a five-property dental portfolio located across lower Michigan. CrownPoint represented both the seller and buyer in the transaction, which went from contract to close in 42 days. The portfolio consists of five dental properties totaling 35,212 square feet across Lansing, Charlotte, Adrian, Saint Joseph and Jackson, Michigan. The transaction was structured with new 15-year absolute-net leases featuring 2 percent annual rent increases, providing the buyer with long-term contractual income and no landlord responsibilities. The portfolio spans established healthcare and retail corridors throughout Michigan and serves combined trade areas encompassing more than 1.6 million residents. The properties benefit from regional connectivity to major transportation routes, including I-94, I-96, I-69, U.S. 127 and U.S. 31, as well as proximity to major healthcare systems throughout the state, according to CrownPoint.

October 9, 2026

Acquisitions Arizona Restaurant Retail Western

CNSREIT Acquires 303,000 SF Shopping Center in Phoenix

by Amy Works October 9, 2026

PHOENIX — Cohen & Steers Income Opportunities REIT (CNSREIT) has acquired Grand Canyon Crossing, a 303,000-square-foot shopping center located in Phoenix. Walmart Supercenter anchors the property, which was 99 percent leased at the time of sale. Additional tenants include Harbor Freight Tools, Wendy’s, YouFit Health Club, Sally Beauty Supply, Nationwide Vision Center, Denny’s, Starbucks Coffee, Sonic, Jamba and Quick Quack Car Wash. The retail center was built on 33 acres in 2005. CNSREIT acquired Grand Canyon Crossing through a joint venture with the Sterling Organization. Further details of the transaction were not disclosed.

October 9, 2026

California Loans Retail Western

PSRS Arranges $11.7M in Acquisition Financing for Multi-Tenant Retail Plaza in San Bernardino, California

by Amy Works October 9, 2026

SAN BERNARDINO, CALIF. — PSRS has arranged $11.7 million in acquisition financing for a multi-tenant retail center in San Bernardino. Jonny Soleimani and Garrett Carter of PSRS secured the loan, which was structured with a 70 percent loan-to-value ratio, a two-year interest-only term and a built-in extension option, through a regional bank The borrower was undisclosed. Situated on 12.6 acres, the 66,713-square-foot property features 26 retail suites, including a gym anchor. Built in 2014, the property was 60 percent leased at the time of loan closing.

October 9, 2026

Acquisitions California Restaurant Retail Western

JLL Negotiates $9.5M Sale of Shops at Edgewater in Sand City, California

by Amy Works October 9, 2026

SAND CITY, CALIF. — JLL Capital Markets has negotiated the $9.5 million sale of the Shops at Edgewater, a 25,223-square-foot retail center located at 2080 California Ave. in Sand City. The fully leased property is occupied by Ulta Beauty, Panera Bread, Mancini’s Sleepworld and a Bank of America ATM. The Shops at Edgewater is also shadow anchored by Target, Ross Dress for Less and Lucky. Eric Kathrein, Andrew Spangenberg and Allie Repaskey of JLL represented the private seller in the transaction. An entity doing business as Sand City Holdings LLC was the buyer.

October 9, 2026

Colorado Development Leasing Activity Restaurant Retail Western

Galway Cos. Signs New Tenants, Advances Multimillion-Dollar Renovation at The Promenade Shops Centerra in Northern Colorado

by Amy Works October 9, 2026

LOVELAND, COLO. — Galway Cos. has signed new tenants to leases and is advancing a multimillion-dollar, property-wide renovation at The Promenade Shops Centerra, a 494,500-square-foot open-air center in Loveland, approximately 46 miles north of Denver. Improvements will include new storefront facades; a redesigned ice rink scheduled to open next month; new landscaping along Main Street and updated property lighting; additional seating and refreshed outdoor gathering spaces; a new monument sign and new entrance signage; property-wide Wi-Fi and security enhancements; and new roofing across 10 buildings. The broader streetscape renovation is scheduled for completion in spring 2027. Additional property improvements, tenant openings and community programming will continue into 2027 as Galway advances The Promenade’s long-term repositioning. The nine new leases that have been signed within the previous year total 37,643 square feet. MINISO, Christopher & Banks and Windsor will open this fall, while JD Sports, Hot Topic, BoxLunch, Cabinet HQ, Hot Pot Grill and Los Dos Potrillos are anticipated to debut next spring. Galway acquired The Promenade Shops Centerra in August 2025 for $55 million.

October 9, 2026

Acquisitions Michigan Midwest Retail

Boulder Group Negotiates Sale of Four-Property Net-Leased Dollar General Retail Portfolio in Michigan

by Hayden Spiess October 8, 2026

NORTHERN and CENTRAL MICH. — The Boulder Group has arranged the sale of a four-property portfolio of single-tenant net leased Dollar General properties, all located in Michigan, for $8.3 million. The portfolio consists of four newly constructed Dollar General stores in Gaylord, Reed City, Honor and Vermontville, offering geographic diversification across the northern and central regions of the state. The properties are situated in established communities with convenient highway access, and several benefit from steady year-round tourism and outdoor recreation traffic. Each store serves as a primary source of everyday household essentials for its surrounding rural trade area. Randy Blankstein, Jimmy Goodman and John Feeney of The Boulder Group, based in Wilmette, Ill., represented both the seller and the buyer in the transaction. The seller was a Midwest-based developer, and the buyer was a Northeast based investment fund. Each property in the portfolio is leased to Dollar General on an absolute triple-net lease with no landlord responsibilities. Three of the four properties represent the 10,640-square-foot Dollar General Plus prototype, which is a larger store format offering an expanded assortment of fresh and refrigerated products. The leases feature 5 percent rental increases every five years during the primary term and five 5-year renewal options with …

October 8, 2026

Ridgmar-30-Logistics-Crossing-Fort-Worth

Acquisitions Development Industrial Retail Texas

RAMROCK Buys West Fort Worth Mall, Plans 930,960 SF Industrial Redevelopment

by Taylor Williams October 8, 2026

FORT WORTH, TEXAS — Dallas-based investment firm RAMROCK Real Estate has purchased Ridgmar Mall in West Fort Worth with plans to redevelop the site into an industrial park. The new property will be known as Ridgmar 30 Logistics Crossing and will feature six buildings totaling 930,960 square feet. RAMROCK has partnered with KBC Advisors and Lincoln Property Co. to assist with project planning, leasing and development execution. Additional details, including construction timing, will be shared as planning progresses.

October 8, 2026

Acquisitions New Jersey Northeast Retail

Marcus & Millichap Brokers $4.7M Sale of Retail Center in Flemington, New Jersey

by Taylor Williams October 8, 2026

FLEMINGTON, N.J. — Marcus & Millichap has brokered the $4.7 million sale of Hunterdon Commons, a 57,935-square-foot retail center in the Northern New Jersey community of Flemington. The center was built on 5.9 acres in 1989 (renovated in 2017) and was 97 percent leased to 13 tenants at the time of sale. Brent Hyldahl and Alan Cafiero of Marcus & Millichap represented the seller, a family office, in the transaction and procured the undisclosed buyer.

October 8, 2026

Development Mixed-Use Nevada Restaurant Retail Western

Agora Realty Breaks Ground on $375M Final Phase of Mixed-Use Entertainment Project in North Las Vegas

by Amy Works October 7, 2026

NORTH LAS VEGAS, NEV. — Agora Realty has broken ground on the third and final phase of Hylo Park, a 73-acre mixed-use entertainment project in North Las Vegas. Upon completion, the $375 million, 25-acre final phase will include a 250,000-square-foot multi-sport indoor field house; an existing multi-sport arena, fully accredited college preparatory Game Changers Sports Academy; an outdoor public space, community field, shops, restaurants and a family entertainment center; and a 177-key Hilton Embassy Suites Completion is slated for late 2027. Additional phases of the project include Hylo Park South, a 90,750-square-foot grocery-anchored retail center that was completed in July as the second phase of the project, and a nearly 400-home residential neighborhood called The West End, which was developed by Lennar Corp. Project partners include Advent, a research-driven, technology-forward storytelling agency, and PMY Group, a full-service provider of technology, data and creative solutions.

October 7, 2026

Acquisitions Florida Retail Southeast

First Washington Realty Sells Two Miami Shopping Centers to Publix Super Markets

by John Nelson October 7, 2026

MIAMI — First Washington Realty (FWR), a shopping center owner-operator based in Bethesda, Md., has sold two Publix-anchored shopping centers in Miami to Publix Super Markets Inc. The sales price was not disclosed. The properties include Airpark Plaza, a 171,443-square-foot shopping center near Miami International Airport at 5715 N.W. 7th St., and The Shoppes at Quail Roost, a 73,550-square-foot center located at 20201 S.W. 127th Ave. on the city’s south side. Both properties were fully leased at the time of sale.

October 7, 2026

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