SANTA ANA AND TUSTIN, CALIF. — Courageous Kauai has sold a 16,536-square-foot retail property to 17th Street LLC for $3.5 million. Located at 702 to 818 W. 17th Street in Santa Anna, the development encompasses five freestanding buildings, anchored by Pizza Hut and 7-Eleven. Mark Sigler of Voit Real Estate Services’ Irvine, Calif., office represented the seller, and Apex Properties represented 17th Street LLC. Voit has also brokered Sayara K1’s purchase of a 10,000-square-foot retail development, located on 1st Street in Tustin, from CPH SAHI for $1.2 million. Gil Marrero, Pete Beauchamp, Alan Pekarcik and Dan Vittone of the firm’s Irvine office represented the seller. Bob Pettis, also of the firm’s Irvine office, represented the buyer.
MONTGOMERY, ALA. — Michael Maffia and Bob and Rick Sanner of San Francisco-based NAI BT Commercial have represented an undisclosed party in the sale of a 75,000-square-foot retail building to an undisclosed buyer for $9.4 million. The property, located at 8610 Eastchase Parkway in Montgomery, is fully occupied by Academy Sports.
WEST BLOOMFIELD, MICH. — The Beale Group has brokered the sale of Bloomfield Avenue Shoppes, a 58,000-square-foot retail center located at 6041-6199 Haggerty Rd. in West Bloomfield. The property was purchased by Bloomfield Shoppes I LLC; the seller was undisclosed. Steven Beale, Greg Newman and Steve Shamoun of The Beale Group represented both parties in the transaction and helped secure funding for the purchase. The Beale Group will also continue to lease the center and has been selected to provide management services as well.
SPRING, TEXAS — Stan Johnson Co. (SJC) has completed the sale of a 13,013-square-foot, freestanding CVS/pharmacy, located in Spring. The building is situated on 1.82 acres at 8754 Spring Cypress Rd. Hunter Jaggard and Daniel Herrold of SJC’s Houston office represented the seller, Houston-based Gulf Coast Commercial Group. Steve Weiss of Baltimore-based Colliers Pinkard represented the buyer, a Maryland-based individual investor. The acquisition price was not disclosed.
ORLANDO, FLA. —Emergency Insurance Restoration Services is eyeing an August completion of its 30,000-square-foot Kirkman Plaza shopping center. The $1.25 million property is located at 485 S. Kirkman Rd. in Orlando. Orlando-based Roger B. Kennedy Inc. is serving as general contractor, and the property was designed by CPH Engineers of Orlando.
BONITA SPRINGS, FLA. — Gramercy Capital Corp. has sold a 3,000-square-foot retail property to Lemac for $1.07 million. The building is located at 3250 Woods Edge Parkway in Bonita Springs. Dan O’Berski of CB Richard Ellis’ Fort Myers, Fla., office represented the seller.
NORTH ARLINGTON, TEXAS — Daired’s Salon & Day Spa has acquired a two-story, 14,700-square-foot retail building located at 915 Skyline Dr. in North Arlington. The buyer plans to open a new location for its business this fall. Theron Bryant of SCM represented the undisclosed seller. Steve Chilton of Chilton Development represented the buyer. The acquisition price was not released.
SAN ANTONIO — Los Angeles-based Investment Real Estate Associates (IREA) has completed the sale of a 9,180-square-foot Family Dollar retail building, located in San Antonio. The building, which was constructed this year, is situated at 1826 Rigsby Ave. Clark Everitt and William Everitt, both of IREA, represented the seller, TI Rigsby LP, as well as the buyer, a private individual. The property traded for approximately $1 million.
LANCASTER, PA. — Centro Properties Group has renovated Stone Mill Plaza, an approximately 124,000-square-foot shopping center located at the intersection of Columbia Avenue and Jackson Drive in Lancaster. Construction primarily consisted of the expansion of an existing Giant Food Store from 48,900 square feet to approximately 76,000 square feet. In addition, three existing tenants — Subway, Oriental Restaurant and PNC Bank — were relocated within the center. Other improvements included a façade renovation, parking lot and landscaping improvements, and pedestrian-friendly improvements to the street.
FLAGLER BEACH, FLA. — Maitland, Fla.-based Keene Construction Co., serving as general contractor, has completed the 64,031-square-foot Publix at Beach Village retail center in Flagler Beach. Located on State Road 100, the center features a 46,031-square-foot Publix Super Market and 18,000 square feet of additional retail space. Clearwater, Fla.-based Fisher & Associates designed the project, which was developed by Fort Myers, Fla.-based North American Properties.