Friday, October 30, 2026
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Hope Mills Crossing
AcquisitionsNorth CarolinaRetailSoutheast

Atlantic Capital Partners Brokers $7M Sale of Shopping Center in Hope Mills, North Carolina

by Abby Cox

HOPE MILLS, N.C. — Atlantic Capital Partners has brokered the sale of Hope Mills Crossing, a 53,204-square-foot shopping center located in Hope Mills, roughly five miles south of Fayetteville. The property sold for more than $7 million, according to Atlantic Capital. David Hoppe, Eric Suffoletto, Jordan Gomez, Mike Lucier, Ben Olmstead and Kendra Doherty of Atlantic Capital represented the undisclosed seller in the transaction. The buyer requested anonymity. Recently renovated in 2025, Hope Mills Crossing is anchored by a newly opened Planet Fitness. Additional tenants at the center include a mix of medical, financial, government and service-oriented retail businesses. The property was 95 percent leased at the time of sale.

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Avenue-One
Market ReportsMidwestMidwest Market ReportsNebraskaRetail

Omaha’s Next Avenue: A Destination in the Making

by Hayden Spiess

How Avenue One is accelerating the next generation of retail growth in Omaha. By Abby Cox Retail has a simple rule: Follow the people. In Omaha, Nebraska, the people have been moving west, and as new neighborhoods, businesses and households reshape the city’s increasingly affluent western edge, the demand for places to shop, eat and gather has followed close behind. Now, at the intersection of 192nd Street and the Dodge Expressway, that growth is converging in Omaha’s most ambitious retail development to date. Avenue One is being designed as more than a collection of stores — it’s a new retail destination built around the idea that Omaha’s next generation of growth deserves a retail environment to match it. Avenue One is the long-awaited realization of a vision from Omaha-based JSP Development, which assembled the 200-acre site over more than two decades. When the first piece of ground was purchased, 192nd Street was a two-lane gravel road. Now, that same street is six lanes, with the Dodge Expressway seeing more than 72,000 cars per day. Average household income exceeds $200,000, resulting in some of the strongest demographics in the Midwest.  JSP Development and Poag Development Group are leading development, while JLL …

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Kyle-Park
DevelopmentRetailTexas

Joint Venture Breaks Ground on Retail Component of 101-Acre Mixed-Use Project in Kyle, Texas

by Taylor Williams

KYLE, TEXAS — A joint venture between Houston-based developer NewQuest and Transwestern Investments has broken ground on the retail component of Kyle Park, a 101-acre mixed-use project located at the northeast corner of I-35 and Bebee Road in Central Texas. The retail component of Kyle Park will feature a 412,588-square-foot lifestyle center that is preleased to tenants such as Dick’s Sporting Goods, Burlington, HomeGoods, ULTA Beauty, TJ Maxx, Barnes & Noble, Boot Barn and EōS Fitness. The development is also planned to include hospitality and multifamily uses. An expected completion date for the retail component was not announced.

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Leasing ActivityRetailTexas

Three Tenants Sign Retail Leases in The Woodlands, Texas

by Taylor Williams

THE WOODLANDS, TEXAS — Three tenants — indoor children’s playground Happy Land, arts and crafts studio Make Art and golf-based entertainment concept Tee Box — have signed retail leases in The Woodlands, about 30 miles north of Houston. The square footages were not disclosed. The spaces are situated within Augusta Woods, a retail center located at 25903 Elmfield Drive. Axel Hevener and Rob Banzhaf of Newcor Commercial Real Estate represented the undisclosed landlord in the lease negotiations.

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AcquisitionsRetailSoutheastTennessee

Cushman & Wakefield | Commercial Advisors Brokers $11.1M Sale of Metro Memphis Retail Center

by John Nelson

BARTLETT, TENN. — Cushman & Wakefield | Commercial Advisors has brokered the sale of Wolf Run Plaza, a 70,659-square-foot retail center located in Bartlett, approximately 15 miles northeast of downtown Memphis. The Memphis Business Journal reports the purchase price was $11.1 million. The property was 94 percent leased to nine tenants at the time of sale, including Guitar Center, Gould’s Academy, Burn Boot Camp, TCBY and Pump It Up. Brian Califf of NAI Saig Co. represented the buyer, Gregory Realty GP, led by local investor Hulet Gregory. Landon Williams and Ryan Thomas of Cushman & Wakefield | Commercial Advisors represented the sellers, Kosten Alan L and Susan M Kosten Living Trust and Judy Rosenblum Revocable Trust, in the transaction.

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Fullerton-Court-Fullerton-CA
AcquisitionsCaliforniaRetailWestern

Hanley Investment Group, Summit Real Estate Arrange $12.7M Sale of Fullerton Court Retail Center in California

by Amy Works

FULLERTON, CALIF. — Hanley Investment Group Real Estate Advisors and Summit Real Estate (RE) have brokered the sale of Fullerton Court, a two-story retail center adjacent to Fullerton College in Fullerton. A Newport Beach, Calif.-based private partnership sold the asset to a Los Angeles-based, private 1031 exchange investor for $12.7 million. Sean Cox and Kevin Fryman of Hanley, in association with Scott Hook of Summit RE, represented the seller, while the buyer was self-represented in the deal. Located at 444 N. Harbor Blvd., Fullerton Court was originally built in 1982 and expanded in 2004 to its current 20,309-square-foot footprint. At the time of sale, the property was fully occupied by multiple tenants, including FedEx Office, which has operated at the property for more than 25 years and extended its lease for additional 10 years, and Pixiu Mala Hongtang, which recently executed a new 10-year lease.

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AcquisitionsMidwestOhioRetail

CBRE Negotiates $15.6M Sale of Convenience Store Property in Suburban Columbus

by Kristin Harlow

JOHNSTOWN, OHIO — CBRE has negotiated the $15.6 million sale of a newly developed truck stop and convenience store property occupied by 7-Eleven (Speedway) in Johnstown near New Albany. The 4,816-square-foot property sits at the entrance to the 9,000-acre New Albany International Business Park. 7-Eleven occupies the asset under a new 15-year triple-net lease. CBRE’s Melissa Marshall, Ian Schroeder and David McNevin represented the buyer, a private investor based in southern California. The seller was an Ohio-based commercial real estate developer.

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AcquisitionsMidwestRetailWisconsin

Hanley Investment Group Brokers Sale of 13,308 SF Retail Center in Metro Milwaukee

by Kristin Harlow

GLENDALE, WIS. — Hanley Investment Group Real Estate Advisors has arranged the sale of Cornerstone Shopping Center, a 13,308-square-foot retail center located in the North Shore trade area across from Bayshore, a mixed-use destination. Jeff Lefko and Bill Asher of Hanley, in association with ParaSell Inc., represented the seller, a private investor from North San Diego County. The buyer was SW Neighborhood Centers IV, an affiliate of Alabama-based commercial real estate firm Shannon Waltchack. The two-building property in Glendale was fully occupied at the time of sale. Built in 2003, the center is home to four tenants: Wild Fork Foods, Pearle Vision, Panera Bread and Vivo Infusion.

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Reid-Pull-Quote
FeaturesRestaurantRetail

Opening on Time: What Multi-Unit Retail, Restaurant Teams Should Demand From Their General Contractors

by Taylor Williams

By Robert Reid, principal, Corporeal Visions Inc. Every multi-unit retail and restaurant operator knows the math on a late opening. Rent starts on the commencement date whether the doors are open or not. Staff have been hired and trained against a date that is now moving. Marketing has been spent. Equipment is sitting in a warehouse accruing storage fees. A four-week slip on a single restaurant can easily cost tens of thousands of dollars in carried rent, payroll and lost sales, and for a team opening several units a year, those slips compound. What separates the teams that open on time from the teams that don’t is rarely the quality of the finishes or the size of the budget. It is whether the general contractor (GC) was made to own a handful of coordination points that fall between the cracks of a typical bid. Facility and construction managers who put these items on the table before the contract is signed, and hold the GC to them through turnover, tend to open when they said they would. Demand A Written Lndlord-To-Tenant Handoff Most late openings trace back to the first week, not the last. A tenant build-out starts on the assumption …

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AcquisitionsRetailTexas

Newmark Brokers Sale of 115,512 SF Shopping Center in West Austin

by Taylor Williams

AUSTIN, TEXAS — Newmark has brokered the sale of Oak Hill Plaza, a 115,512-square-foot shopping center in West Austin. The center sits on an 11.3-acre site at 7101 State Highway 71 and was 92.5 percent leased at the time of sale. Tenants include The Picklr, Dollar Tree, AutoZone, Jim’s Restaurant, Wells Fargo, Pluckers Wing Bar and Golden Chick. Conor Lalor, Kyle Minter, James Sharpe V and Cole Frantz of Newmark represented the seller, Partners Real Estate, which acquired the property in 2021, in the transaction. Fort Worth-based owner-operator Trademark Property Co. acquired Oak Hill Plaza in a joint venture with global investment firm Cohen & Steers.

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