FORT WORTH, TEXAS — Locally based owner-operator Trademark Property Co. has sold Waterside, a 157,791-square-foot shopping center in southwest Fort Worth. Trademark debuted Waterside, the site of which originally served as a recreational facility for General Dynamics (later known as the Lockheed Martin Recreation Association), in 2016. Whole Foods Market anchors the center, which was 98 percent leased at the time of sale. Other tenants include REI, Tricky Fish and First Watch. Chris Gerard, Barry Brown, Erin Lazarus and Andrew Griffin of JLL represented Trademark, which sold the property in partnership with Swift Creek Real Estate Partners LLC, in the transaction. The buyer was The Georgetown Co. LLC.
Retail
DUBLIN, OHIO — Automotive Properties REIT has acquired a Tesla-occupied collision center in the Columbus suburb of Dublin for $17.8 million. The property consists of a roughly 94,000-square-foot Tesla collision service center facility on 6.3 acres along a commercial corridor at 5600 Britton Parkway near I-270. The REIT funded the purchase of the asset with cash on hand and by drawing on its revolving credit facilities. The seller was a third party.
HOUSTON — EōS Fitness will open a 45,000-square-foot gym at West 8 Shopping Center in northwest Houston. The Dallas-based operator is backfilling a space at 9244 W. Sam Houston Parkway N that was previously occupied by LA Fitness. The opening is slated for 2026. Locally based development and investment firm NewQuest owns the center and represented itself in the lease negotiations.
PATERSON, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated the $4.2 million sale of Redwood Apartments, a 16-unit, newly constructed apartment building located in the Northern New Jersey community of Paterson. The unit mix comprises two studios, six one-bedroom apartments and eight two-bedroom residences. Joni Sweetwood of Kislak represented the seller in the transaction, and Robert Squires, also with Kislak, procured the buyer. Both parties were limited liability companies.
NEW CANEY, TEXAS — The Signorelli Co. will undertake an 850,000-square-foot retail expansion project at Valley Ranch, the local developer’s 1,400-acre master-planned community in the northeastern Houston suburb of New Caney, according to reports from Community Impact Newspaper and Kingwood.com. According to the former publication, the new retail development will be known as Marketplace and will house a mix of grocery, soft goods and service retailers, as well as food-and-beverage concepts. The latter publication reports that Marketplace will feature a central green area and that Signorelli has tapped Palo Duro Commercial Partners as the leasing agent. Construction is set to begin in early 2026, according to both news outlets.
CLERMONT, FLA. — Marcus & Millichap has brokered the $11.3 million sale of Legends Pointe, a two-building mixed-use retail and medical office property located in Clermont, approximately 22 miles west of Orlando. Originally built in 2006, the recently renovated property is situated on 4.3 acres and totals 47,418 square feet. Legends Pointe comprises 18 office suites and 10 retail units. Yassin Benkabbou and Salim Valiani of Marcus & Millichap’s Orlando office represented the seller, a local limited liability company, in the transaction.
MONROVIA, CALIF. — Newport Beach, Calif.-based Westar Associates has completed the disposition of Foothill Park Plaza, a neighborhood shopping center in Monrovia, to Phillips Edison & Co. for an undisclosed price. Developed in 1985, the 96,390-square-foot center is occupied by Vons, Chase Bank, Wendy’s, Blaze Pizza, Baskin Robbins and See’s Candies. Pete Bethea, Rob Ippolito and Glen Rudy of Newmark represented the seller, which has owned, leased and managed the property for the last 40 years through its affiliated companies.
Revitalization Unlimited Acquires 34,160 SF Mixed-Use DeGraff Building in Colorado Springs
by Amy Works
COLORADO SPRINGS, COLO. — Revitalization Unlimited has purchased The DeGraff Building, a mixed-use property at 118 N. Tejon St. in Colorado Springs. Terms of the transaction were not released. The four-story, 34,160-square-foot building features 18 rental units, 16 of which are currently leased. For the past decade, Oskar Blues Grill & Brew has occupied the first floor and basement, while the upper floors are used as office space. Built in 1897, The DeGraff Building is listed on the National Register of Historic Places.
LIBERTY, MO. — Block & Co. Inc. Realtors has completed the lease-up of Crossroads Shopping Center in the Kansas City suburb of Liberty. The most recent lease transactions were with Total Wireless and Frame It. Additional tenants include Savers, Curves, Sugar Kittens Cat Café & Cattery, Palen Music Center, Dollar General, Pizza Hut and Mi Hacienda. Daniel Brocato and Phil Peck of Block & Co. are the leasing agents for the property.
DOYLESTOWN, PA. — Whole Foods Market has opened a 43,617-square-foot store at 1745 S. Easton Road in Doylestown, a northern suburb of Philadelphia. The store features full-service meat and seafood counters, a bakery, prepared foods section and a wellness and beauty section, as well as a selection of more than 750 wines and 280 craft beers. A grand opening celebration was held this morning.