GEORGETOWN, TEXAS — Disney Investment Group, a Dallas-based brokerage firm, has arranged the sale of Republic Square, a 113,772-square-foot shopping center located in the northern Austin suburb of Georgetown. Built in 1986, Republic Square is home to 34 tenants, including Harbor Freight, Dollar Tree, Starbucks, Chipotle, Pizza Hut, One Main Financial and Subway. David Disney and Adam Crockett of Disney represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
CHESAPEAKE, VA. — Chapel Hill, N.C.-based Prudent Growth Partners has acquired Castle Shops, a 37,309-square-foot retail strip center located in Chesapeake, for $5.4 million. Dollar Tree anchors the two-building property, which was fully leased at the time of sale. Additional tenants include CHKD Thrift Store, Boost Mobile and Liberty Tax. Jeff Fritz and Jay O’Donnell of Colliers represented the seller in the transaction. George Fox, also with Colliers, served as the leasing agent at Castle Shops.
FAIRFIELD, CALIF. — JLL Capital Markets has arranged $38 million in refinancing for Gateway Plaza and a portion of Gateway Courtyard, two adjacent retail properties in Fairfield. Alex Olson and Danny Ryan of JLL represented the undisclosed borrower in the transaction. Anchored by Trader Joe’s, Gateway Plaza is fully leased to a mix of tenants including Ross Dress for Less, Michaels, Big 5 Sporting Goods and Petco. Gateway Courtyard is also fully occupied by tenants such as Panera Bread, Wingstop, Panda Express, T-Mobile, The Picklr and Nick the Greek.
TUCSON, ARIZ. — Cushman & Wakefield | PICOR has arranged the sale of a 88,848-square-foot retail space at 9550 E. Golf Links Road in Tucson. Bob Speedway LLC acquired the property from Leyenda En Tiempo for $5.7 million. Greg Furrier and Natalie Furrier of Cushman & Wakefield | PICOR handled the transaction.
SAN FRANCISCO — Fitness SF has purchased a 38,900-square-foot retail property at 1600-1616 Jackson St. in San Francisco. Terms for the transaction were not released. The property consists of two floors and an underground garage with 72 parking spaces. Matthew Holmes of Retail West represented both parties in the transaction.
CHICAGO — Marcus & Millichap has brokered the $15.5 million sale of a property in Chicago comprising 22 multifamily units and five commercial suites. Located at 1542 N. Damen Ave. and 2010 W. Pierce Ave. in the Wicker Park/Bucktown neighborhood, the asset is within walking distance of the CTA Blue Line and multiple bus routes. The residential units include a mix of one- and two-bedroom floor plans. The commercial spaces are fully leased to La Colombe, Urbanbelly, Blue Line Lounge & Grill, Eccentric Fitness and the Kadampa Meditation Center. Kyle Stengle of Marcus & Millichap represented the seller and procured the buyer, Stocking Urban LLC.
MILWAUKEE — Mid-America Real Estate Corp. has arranged the sale of Point Loomis, a grocery-anchored shopping center in Milwaukee’s Southpoint neighborhood. The fully leased property is home to Kohl’s, Pick ’n Save, Chase Bank, Dunkin’, Tropical Smoothie Café and Spectrum. Joe Girardi, Patrick Corrigan and Dan Rosenfeld of Mid-America represented the seller. A private buyer purchased the asset.
MONONA, WIS. — Topgolf has broken ground on its first venue in the state of Wisconsin. The two-level venue is set to open in fall 2026 and is located in Monona, about eight miles east of Madison. Topgolf will employ about 200 to 250 people at the property at 6400 Gisholt Drive. Topgolf Wisconsin will feature 72 outdoor climate-controlled hitting bays. Each bay will have lounge-type furniture or high-top tables. The venue will be equipped with Toptracer technology, which traces each golf ball’s flight path, distance and other metrics. There will also be a full-service restaurant and bar, more than 100 TVs, music and year-round family-friendly programming. An event space and outdoor patio will allow for team outings, family gatherings, meetings or celebrations.
NORTH BRUNSWICK, N.J. — Total Wine & More has opened a 32,000-square-foot store in North Brunswick, located in Central New Jersey. Total Wine joins Trader Joe’s as the anchor tenant at the 124,000-square-foot North Village Shopping Center, which is now fully leased. Ed Vasconcellos of Levin Management Corp. represented the undisclosed landlord in the lease negotiations. Brian Schuster of RIPCO Real Estate represented Total Wine.
By Emily Ackley, NAI DESCO The St. Louis retail market could be perceived as a contrasting story — national headlines continue to spotlight store closures and shifting consumer habits, and yet on the ground, St. Louis is working to write a quite different narrative. Vacancy rates remain tight, redevelopment projects are reshaping corridors and both suburban and urban districts are evolving to meet the demands of today’s consumers. It is not a market without its challenges, but St. Louis retail is far from stagnant. Market conditions As of the second quarter of 2025, the St. Louis retail market experienced a dynamic shift as a result of low vacancy rates, evolving consumer behavior and significant redevelopment projects across the St. Louis MSA. The overall retail vacancy rate stands at 4.7 percent, reflecting a 40-basis-point decrease quarter over quarter and an 80-basis-point decrease year over year, indicating a tightening market. Leasing activity remains robust, particularly in suburban areas of St. Louis, such as West County and St. Charles County, where vacancy rates have decreased by up to 140 basis points in the past year. This is being supported by a combination of steady population growth in the suburbs, shifting migration patterns and …