CINCINNATI — The Cooper Commercial Investment Group has arranged the sale of Spring Hill Center, a 27,299-square-foot multi-tenant retail property located in Cincinnati. Dan Cooper of the Cooper Commercial Investment Group represented the seller, an Ohio-based investment group, in the transaction. The buyer was a New York-based investor. The deal closed at an 8 percent cap rate. Spring Hill Center is anchored by Dollar General.
NEW YORK CITY — Regional brokerage firm Atlantic Capital Partners (ACP) has negotiated the $31 million sale of 893 Broadway, a 25,442-square-foot office and retail building in Manhattan’s Flatiron District. The five-story building was fully leased at the time of sale. Mattress retailer Saatva occupies the lower-level and ground-floor retail spaces, and Chief, a private network for female executives, occupies the office space on floors two through five. Justin Smith, Chris Peterson, Sam Koonce and Danielle Turpin of ACP represented the undisclosed seller in the transaction.
MACCLENNY, FLA. — Marcus & Millichap’s Taylor McMinn Retail Group has negotiated the sale of a newly built gas station and convenience store in Macclenny, about 30 miles west of Jacksonville via I-10. Wawa occupies the retail property on a 20-year ground lease, with 7 percent increases every five years beginning in year 11 of the initial lease term. Don McMinn and Andrew Koriwchak of the Taylor McMinn Retail Group brokered the sale between a preferred Wawa developer and the buyer. Both parties requested anonymity. The sales price was also not disclosed. “This Wawa’s superior Florida location and lower price point helped it stand out among competing Wawa inventory and ultimately trade to an all-cash, 1031 exchange buyer who was considering multiple Wawa assets,” says McMinn.
By Rafael Weiss, CEO of Sytes Everybody knows that Texas is among the country’s leaders in demand for quick-service restaurant (QSR) and coffeeshop space. That’s not the story. The story is where inside Texas that demand is actually concentrated, and it isn’t where most landlords are looking. According to Sytes’ analysis of active tenant requirements as of August 2026, Texas accounts for roughly 12 percent of every active QSR and coffee site requirement in the country right now — more than any other state, with Florida second and California third. That part is old news to most people in this business. What’s not old news: a full quarter of that Texas demand isn’t in Dallas-Fort Worth (DFW), Houston, Austin or San Antonio. It’s within the ring roads, the border corridor and towns that didn’t have a QSR conversation five years ago. Where Demand Actually Lies Here’s the breakdown of active Texas QSR and coffeeshop requirements by market, based on what tenants are posting right now, not closed transactions from 18 months ago. These figures are again based on Sytes’ analysis of active tenant requirements as of August 2026. That last line is the one worth sitting with. A quarter of all …
TUSCALOOSA, ALA. — Chicago-based JLL Income Property Trust has acquired Midtown Village, a 345,000-square-foot shopping center located near the University of Alabama campus in Tuscaloosa, for $94 million. The seller requested anonymity. Built in 2007, Midtown Village consists of eight single-story buildings across a 30-acre site. The open-air center features a mix of retailers such as Barnes & Noble, Ulta Beauty, Old Navy, Best Buy, lululemon, American Eagle & Aerie, Fab’rik, Kay Jewelers, South Boutique, Loft, Tuscaloosa Nail & Spa and GameStop. Restaurants include Panera Bread, Blaze Pizza, Metro Diner and Tropical Smoothie Café. The tenant roster has a weighted average lease-term (WALT) of more than 16 years. “The enduring demand of this strong tenant roster supports stable operating performance, and the center is well-positioned in a thriving submarket with proven traffic,” says Allan Swaringen, president and CEO of JLL Income Property Trust. Midtown Village is situated on the southwest corner of McFarland Boulevard East and 15th Street and is one of the most visited retail shopping centers in the state, with over 5.7 million annual visits, according to JLL Income Property Trust. It is also located within one mile from DCH Regional Medical Center, Tuscaloosa’s largest regional hospital. With the …
ASHLAND, OHIO — Prudent Growth Partners has purchased Amberwood Plaza, a 25,400-square-foot neighborhood retail center located in the north-central Ohio city of Ashland, for $3.5 million. Constructed in 2006, Amberwood Plaza was 94 percent leased to 10 tenants, including Tacos and Tequila and Verizon Wireless, at the time of sale. More than 28 percent of the center’s leasable space has been occupied by the same tenants for over 15 years.
LAND O’ LAKES, FLA. — JLL has arranged the sale of The Hub at Bexley, an open-air retail center located at 16954 Focus Loop in Land O’Lakes, about 20 miles north of Tampa. Jorge Portela, Danny Finkle and Jacob Wise of JLL represented the seller, Center Connect Development, which delivered The Hub at Bexley in 2023. CenterSquare Investment Management purchased the property for an undisclosed price. The 50,000-square-foot retail center, which is designed in a village setting, was fully leased at the time of sale to tenants including BellaBrava, Stillwaters Tavern and TREK Bikes.
SEABROOK, TEXAS — Marcus & Millichap has brokered the sale of a 25,113-square-foot retail center in Seabrook, about 30 miles southeast of Houston. Seabrook Shopping Center sits on a 1.5-acre site at 2100 E. NASA Parkway. Scott Jones, Gus Lagos and Alex Wolansky of Marcus & Millichap represented the seller, an undisclosed local investor, in the transaction. The buyer and sales price were also not disclosed.
TEMECULA, CALIF. — Progressive Real Estate Partners has brokered the $6.5 million sale of a multi-tenant retail building located within Vail Ranch Plaza in the Southern California city of Temecula. Greg Bedell of Progressive represented the buyer, a Los Angeles-based private investor, in the transaction. Brian Bielatowicz, Ryan Bennett and Drew Olson of Lee & Associates represented the seller, another private investor. The 8,781-square-foot retail building was fully leased at the time of sale to tenants including Better Buzz Coffee, Orangetheory Fitness, Krak Boba and D’Or Nail Lounge. Vail Ranch Plaza is an open-air shopping center that is anchored by Sprouts Farmers Market, PetSmart and EOS Fitness.
ALPHARETTA, GA. — The Alpharetta City Council has approved the rezoning of North Point Mall, a shuttered 1.3 million-square-foot shopping mall that originally opened in 1993. The redevelopment is now zoned for the build-out of a mixed-use entertainment district that the development team hopes will attract a National Hockey League (NHL) team. The team behind the nearly 100-acre mixed-use district includes landowner New York Life Insurance Co., real estate development and placemaking firm Jamestown and specialty sports and entertainment development firm Machete Group. The design-build team includes HKS Architects and Kimley-Horn (civil engineer), and Jamestown will manage the overall development. Plans for the site include a 20,000-seat NHL-ready arena; 4,000-seat music hall and performing arts center; 2,000-seat community hockey rink; 1,100-seat movie theater; two hotels comprising up to 650 hotel rooms and a 35,000-square-foot conference center; approximately 565,000 square feet of retail and dining space; 750,000 square feet of offices; 1,385 multifamily units; and more than 20 acres of publicly accessible parks, plazas and multi-use trails. The development team says the project should support more than 13,000 construction jobs and 6,000 permanent jobs, as well as generate $2 billion in direct consumer spending. The redevelopment will be delivered in phases, …
