THE WOODLANDS, TEXAS — Edge Capital Markets has brokered the sale of Colonnade of The Woodlands, a 42,030-square-foot retail center located about 30 miles north of Houston. The center is home to tenants such as Gringo’s Mexican Kitchen, School of Rock, F-45 Training, Zoo Health Club and Bear Branch Animal Hospital. Micha van Marcke and Chace Henke of Edge represented the seller, a private limited partnership, in the transaction. John Fenoglio and Brock Hudson of CBRE arranged acquisition financing for the deal on behalf of the buyer, a limited liability company sponsored by The J. Beard Real Estate Co.
Retail
HUNTINGTON, N.Y. — Marcus & Millichap has brokered the $8 million sale of a multifamily and retail property in the Long Island community of Huntington. The three-story, 11,000-square-foot property at 356 New York Ave., which was originally built in 1965 and renovated in 2021, comprises nine residential units and three retail spaces. Michael Tuccillo of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
PAHRUMP, NEV. — San Diego-based S&S Pahrump has completed the sale of three retail buildings within Pahrump Valley Junction, a 140,000-square-foot retail center in Pahrump. Phoenix-based Pahrump Valley KRD acquired the assets for an undisclosed price. The transaction includes three buildings totaling 37,850 square feet on 3 acres. The buildings offer 19 retail suites and one pad within the larger shopping center, which is anchored by Albertsons, CVS and an ARCO service station. The buildings are located at 150, 240 and 250 Highway 160. Max Stone, Josh Salik and Michael Paul of Voit Real Estate Services represented the seller, while John Whistler of Las Vegas-based JW Michaels Commercial represented the buyer in the deal.
CANTON, MICH. — Marcus & Millichap has brokered the $23.8 million sale of Willow Creek Shopping Center in Canton. The 161,626-square-foot power center was built on 18 acres in 2004. Michaels and Marshalls are original tenants at the property, which is fully leased to eight tenants. The other retailers include Dunham’s, Crate & Barrel, Dollar Tree, Kirkland’s, Five Below and Direct Optical of Canton. Ashish Vakhariya, Darin Gross and Seth Haron of Marcus & Millichap represented the seller and procured the buyer, neither of which were disclosed.
NORTH CANTON, OHIO — Friedman Real Estate has arranged the $4.8 million sale of a 12,000-square-foot retail property occupied by Caliber Collision in North Canton, just south of Akron. The newly constructed asset is located at 1550 W. Maple Road. Marc Hildenbrand and Steven Silverman of Friedman represented the buyer in the transaction.
NAPERVILLE, ILL. — The White Sheep, a breakfast and brunch restaurant, has signed a 5,424-square-foot lease to open a restaurant at 22 E. Chicago Ave. in Naperville. The space is located in the River District Shopping Center, adjacent to North Central College. The restaurant is slated to open in the second quarter. Rick Scardino of Lee & Associates represented the tenant. Brooke Spinell of Mid-America Real Estate Group and Tom Bernier of Bucksbaum Properties LLC represented the landlord, Bucksbaum Properties. The lease marks the second location for The White Sheep, which maintains a restaurant in Orland Park.
DANIEL ISLAND, S.C. — New York City-based Bout Boxing has signed a 2,047-square-foot retail lease at Central Island Square, a 4,000-acre master planned community in Daniel Island. Located roughly eight miles from Charleston International Airport, the new fitness studio is slated to open this spring at 50 Central Island St. Melissa Sweeney of Continental Realty Corp. and Lindsey Halter of Carolina Retail Experts represented the undisclosed landlord in the lease negotiations. Alex Kucich and Nell Kucich currently operate two Bout Boxing locations in New York City and are teaming up with Marc Nuccitelli for the Charleston expansion. Bout Boxing will join a mix of retail tenants at Central Island Square including Buck’s Deli, Par Paradise, Gloss, iCRYO, Tacos & Tequilas Mexican Grill, New York Butcher Shoppe and a pet boutique.
NEW YORK CITY — S3 Capital has provided a $210 million construction loan for a 28-story mixed-use project located at 6208 Eighth Ave. in the Sunset Park neighborhood of Brooklyn. Chicago-based Watermark Capital is the project’s sponsor. The company obtained the financing alongside its joint venture partner, Rubin Equities. Once completed, the development will consist of 497 apartment units and 100,000 square feet of retail space. Residents will have access to shared amenities such as a fitness center, rooftop terrace, bike storage, a yoga room, sauna, screening room and coworking spaces. The project is situated directly above the Eighth Avenue subway station. Prestige Construction will serve as the general contractor. An estimated completion date for the development was not disclosed. “We are thrilled to collaborate with Watermark Capital on this exciting project,” said Robert Schwartz, co-founder and partner at S3 Capital. “The Sunset Park housing market is significantly under-supplied, and this development will bring a substantial amount of in-demand, transit-oriented housing units to the community.” Morris Betesh, Alex Bailkin, Matt O’Hanlon and Israel Mermelstein of Arrow Real Estate Advisors arranged the loan on behalf of Watermark Capital. S3 Capital is wholly owned by Spruce Capital Partners, a New York City-based developer, owner, lender and investor. Since …
TYLER, TEXAS — Dallas-based brokerage firm STRIVE has negotiated the sale of Kinsey Crossing, a 24,107-square-foot retail center in the East Texas city of Tyler. The center was built in 2014 and was 80 percent leased at the time of sale to tenants such as Baskin-Robbins, Dunkin’ and T-Mobile. Andrew Williams and Will Schubert of STRIVE represented the New Jersey-based seller in the transaction and procured the buyer. Both parties requested anonymity.
HOUSTON — Locally based operator Duckstache Hospitality has opened three new restaurants at Autry Park, a 14-acre mixed-use development located northwest of downtown Houston. Bar Doko and Doko are both Japanese concepts that total 66 seats and opened in late 2024 and February 2025, respectively. Annam is a French-Vietnamese restaurant that also opened in February. A partnership between Hanover Co. and Dallas-based retail owner-operator Rebees owns Autry Park.