ST. CLOUD, FLA. — Palo Alto, Calif.-based Sovereign Investment Co. has sold a 10,723-square-foot restaurant to Sooner Investment of Melbourne, Fla., for $1 million. The property, located at 4551 13th St. in St. Cloud, is a former Whistle Junction location. Paul Partyka of NAI Realvest represented the seller.
Retail
NEW YORK CITY — GreenbergFarrow has delivered a 1,600-square-foot boutique store for Comptoir des Cotonniers. The facility is located at 155 Spring St. between West Broadway and Wooster Street in SoHo in Manhattan, New York City. The store is the first American venue for the international mother-daughter casual clothing retailer.
ARLINGTON, TEXAS — Henry S. Miller Brokerage (HSMB) has completed the leasing of a 9,720-square-foot retail building, located at 2301 Superior Dr. in Arlington. The building will be occupied by XL Auto Parts, a local auto parts dealer that is planning to open multiple locations in the D/FW Metroplex. Jim Hazard of HSMB’s Arlington office represented the landlord, CRAJ LTD. The tenant was represented by Craig Jones and Michael Newsome of NAI Robert Lynn. Terms of the lease were not disclosed.
MINNEAPOLIS — NorthMarq has completed a retail sale and industrial lease in the Twin Cities. Ronn Thomas and Jen Help of NorthMarq represented The Avalon Group in the sale of a 34,000-square-foot retail outlot at the TimberCrest shopping center in Lakeville. The land parcel was acquired by Lakeville Orthodontic Associates, which was represented by Brandon Megal of CB Richard Ellis The NorthMarq industrial leasing team of Dan Lofgren and Chris Garcia has represented CarTika Medical in leasing 26,073 square feet of industrial space within Wedgewood Commerce Center II in Maple Grove. The building owner, Wedgewood PT Associates, was represented by Barry Birnberg of Grubb & Ellis/Northco Real Estate Services.
KATY, TEXAS — Marcus & Millichap has brokered the sale of Grand Lakes, a 34,552-square-foot shopping center located in Katy. The center is situated on 3.2 acres at 5544 S. Peek Rd.; it was construction in 2005. James Bell of Marcus & Millichap’s Houston office represented the seller, a Texas-based partnership. The buyer was a Florida-based developer. The acquisition price was not released but the property listed for $5.75 million.
ALHAMBRA, CALIF. — David Ridgway and Glen Suh of Marcus & Millichap represented the undisclosed seller in the disposition of a 7,840-square-foot retail property in Alhambra. An undisclosed buyer acquired the property, which is located at 1509 W. Valley Blvd., for $1.37 million.
HOUSTON — Texas/Southwest Group has arranged a 10,391-square-foot restaurant lease in Houston. The tenant, Chuy’s Mexican Restaurant, will occupy space at 9350 Westheimer Dr. James Doyle and Mac Ruggles of Texas/Southwest Group represented the landlord, Baker Krehel Investments, R&K Ltd. Terms of the lease were not released.
BLOOMFIELD, N.J. —Zeytinia Fresh Made has opened at the BroadAcres office park, located in Bloomfield. The restaurant will occupy 1,727 square feet of space on the ground floor of 200 Broadacres Dr. It will feature dining inside and outside on an adjacent patio, as well as catering for tenants of the office park. BroadAcres is a 20-acre office park situated near the Garden State Parkway. It comprises 360,000 square feet of Class A office space in a park-like setting. It is owned by Prism Capital Partners.
MIAMI BEACH, FLA. — SIKON Construction Corp. of Deerfield Beach, Fla., will build a 28,000-square-foot Fresh Market store at 1800 West Ave. in Miami Beach. A two-level parking lot is planned to sit atop the store, which was designed by the architecture firm api(+). Completion is slated for January.
SAN ANTONIO — A new 100,000-square-foot Lowe’s Home Improvement Warehouse opened its doors last Friday in southeast San Antonio. According to the company press release, a store of this size represents an average investment in the community of approximately $12 million and creates up to 120 jobs. The store, which is located at 3302 Goliad Rd., will celebrate its official grand opening on Thursday.