Tuesday, May 26, 2026
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RetailTexas

JV ACQUIRES MALLS IN TEXAS, OKLAHOMA

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SHAWNEE, OKLA. AND LAKE JACKSON — Northbrook, Ill.-based StreetMac Asset Managers has acquired the Brazos Mall in Lake Jackson and the Shawnee Mall in Shawnee, Okla., hrough a joint venture with Stamford, Conn.-based Five Mile Capital Partners. Brazos Mall spans 682,831 square feet and houses Dillard's, JC Penney, Sears, Starplex Cinema, Ross, Palais Royal and Powerhouse Gym. Shawnee Mall spans 453,861 square feet and includes Dillard's, JC Penney, Kohl's and Sears. The seller was Lightstone Properties. Chicago-based Urban Retail Properties will serve as property manager and leasing agent for both malls.

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RetailWestern

SEARS, WEIGHT WATCHERS JOIN SUPERIOR MARKETPLACE

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SUPERIOR, COLO. – The Superior Marketplace is set to receive two new tenants. Sears Home Appliance will occupy 5,267 square feet, while Weight Watchers will lease 1,325 square feet. Sears was represented by Mike Quinlan of Newmark Knight. Weight Watchers was represented by Lisa Vela of Colliers’ Denver office. Superior’s owner, Brixmor Property Group, was represented in-house by Paul Sheppard.

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RetailSoutheast

EAGLE RIDGE SHOPPES IN CENTRAL FLA. SELLS FOR $9.1M

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GROVELAND, FLA. — Marcus & Millichap has brokered the $9.1 million sale of the 65,751-square-foot Eagle Ridge Shoppes, a shopping center anchored by Publix at 7975 State Rd. 50 in Groveland. Daniel Molloy of Marcus & Millichap's Atlanta office represented the seller, Groveland Associates, and Kirk Olson and Drew Kristol of Marcus & Millichap's Miami office represented the buyer, Coral Gables, Fla.-based Fraga Properties.

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RetailSoutheast

TWO DRUG STORE PROPERTIES IN S.C. SELL FOR COMBINED $6M

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COLUMBIA AND SUMTER, S.C. — A 14,560-square-foot Walgreens property, located at 4469 Devine St. in Columbia, has sold for $3.3 million, and a 12,728-square-foot Rite Aid property, located at 375 Pinewood Rd. in Sumter, has sold for $2.65 million. Lori Schneider of Marcus & Millichap's Fort Lauderdale, Fla., office brokered the transactions.

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RetailSoutheast

NORTHMARQ ARRANGES $7.5M MORTGAGE FOR HOME DEPOT IN FREDERICK

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FREDERICK, MD. — NorthMarq Capital has arranged $7.5 million in first mortgage financing for the 130,000-square-foot The Home Depot, located on West Patrick Street in Frederick. Deanna Polizzo and Ernest DesRochers of NorthMarq's New York City office arranged the financing with a 20-year term and a 20-year amortization schedule through ING Investment Management on behalf of the borrower, Golden Mile Real Estate. The Home Depot anchors the 602,000-square-foot Frederick Towne Mall, along with Boscov's Department Store and Hoyt Cinema.

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MidwestRetail

TRIGILD HIRED AS ASSET MANAGER OF 590,000 SF MALL IN MICH.

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TRAVERSE CITY, MICH. — San Diego, Calif.-based Trigild has been selected as the asset manager for the 590,000-square-foot The Grand Traverse Mall, an enclosed mall in Traverse City. The firm's responsibilities include leasing space to tenants and planning a disposition strategy for a profitable sale. Trigild has selected Dallas-based Trademark Properties as the mall's property management firm. The enclosed mall is occupied by national tenants such as Macy's, JC Penney, Target and TJ Maxx.

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RetailTexas

STORE CAPITAL PURCHASES RETAIL BUILDING IN WEBSTER

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WEBSTER — Scottsdale, Ariz.-based STORE Capital has purchased a 64,917-square-foot retail building, located at 1125 Magnolia Ave. in Webster, in a sale-lease back transaction with Carrollton-based Main Event Entertainment. Hunter Jaggard of Stan Johnson Co.'s Houston office represented the seller, and Derek Layne of Stan Johnson Co.'s Los Angeles office represented the buyer.

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