Retail

Bucksbaum Properties Buys One El Paseo Plaza Mixed-Use Complex in Palm Desert, California

by Amy Works March 26, 2026

PALM DESERT, CALIF. — Bucksbaum Properties has acquired One El Paseo Plaza, a mixed-use office and restaurant property in Palm Desert. Terms of the transaction were not released. Situated on 5 acres at 74199 El Paseo Drive and 74225 and 74245 Highway 111, One El Paseo Plaza offers 86,835 rentable square feet. The complex features two two-story office buildings and an adjacent restaurant pavilion — originally Palm Desert’s first commercial building. The buildings feature granite lobbies, flexible floor plates and a parking ratio of 3.5 spaces per 1,000 square feet, including assigned and covered parking.

March 26, 2026

Leasing Activity Midwest Ohio Retail

Dillard’s Opens 160,000 SF Store at The Mall at Fairfield Commons in Beavercreek, Ohio

by Kristin Harlow March 26, 2026

BEAVERCREEK, OHIO — Dillard’s has opened at The Mall at Fairfield Commons in Beavercreek, marking the retailer’s first location in the Dayton area. The 160,000-square-foot department store occupies the former Macy’s location and introduces a new anchor tenant at the mall, which is owned by Spinoso Real Estate Group. Ownership says the Dillard’s opening reflects the continued evolution of The Mall at Fairfield Commons as it expands the mix of retail, dining and experiential offerings.

March 26, 2026

Acquisitions Florida Retail Southeast

Colliers Brokers $13.5M Sale of Central Florida Retail Center Near The Villages

by John Nelson March 26, 2026

SUMMERFIELD, FLA. — Colliers has brokered the $13.5 million sale of Spruce Creek Shoppes, a 42,203-square-foot shopping center located at 17860 S.E. 109th Ave. in Summerfield. The retail center sits within the trade area of The Villages, a master-planned community in Central Florida often cited as the No. 1 retirement destination in America. Tommy Isola, Harry Blyden and Billy Weiser of Colliers represented the seller, an entity doing business as Spruce Creek Holdings, in the transaction. About 80 percent of Spruce Creek Shoppes’ tenancy are restaurant, medical and service-oriented retailers, according to Colliers.

March 26, 2026

Acquisitions Retail Texas

Bill Foose Co. Arranges Sale of 13,000 SF Retail Building in Duncanville, Texas

by Taylor Williams March 26, 2026

DUNCANVILLE, TEXAS — Locally based brokerage firm Bill Foose Co. has arranged the sale of a 13,000-square-foot retail building in Duncanville, located south of Dallas, that was formerly occupied by CVS. According to LoopNet Inc., the building at 615 S. Cockrell Hill Road was originally constructed in 1997. Bill Foose Co. represented the seller, an entity doing business as Duncanville Associates, in the transaction. The undisclosed buyer plans to open an indoor amusement park within the building.

March 26, 2026

Acquisitions New York Northeast Retail

Adirondack Capital Arranges $18.5M Sale of Manhattan Retail Building

by Taylor Williams March 26, 2026

NEW YORK CITY — New York-based brokerage firm Adirondack Capital Partners has arranged the $18.5 million sale of a retail property in Manhattan’s NoHo neighborhood. Birkenstock occupies the entire 2,300 square feet of leasable space within the two-story building at 120 Spring St. The seller was an entity doing business as 120 Spring Realty Associates LLC. The buyer was a nigh-net-worth Japanese investor. Michael Hunter Coghill of Adirondack Capital brokered the all-cash deal.

March 26, 2026

Features Retail Webinar

National Retail Federation Projects 2026 U.S. Retail Sales to Rise 4.4 Percent, Exceed $5.6T

by Abby Cox March 26, 2026

WASHINGTON, D.C. — The National Retail Federation (NRF) has projected that 2026 U.S. retail sales will grow 4.4 percent over 2025 to $5.6 trillion, outpacing pre-pandemic averages and signaling continued momentum despite global volatility. This year’s projection was announced during the organization’s sixth annual “State of Retail and the Consumer” webinar held on March 18, which examined the health of American consumers and the overall retail industry. NRF’s calculation, created in partnership with Oxford Economics using a new economic model, excludes auto dealers, gas stations and restaurants. The new model integrates a wider range of real-time data to better capture consumer behavior compared to the previous forecasting methods that relied on broader indicators. Although the forecast is in nominal terms (unadjusted for inflation), this model anticipates that a higher proportion of projected sales growth will reflect real gains, rather than inflation-driven increases. The 2026 sales forecast compares with 3.6 percent average annual sales growth over the past 10 years, excluding the COVID period from 2020 to 2022 when growth was atypical. “While the geopolitical environment and ongoing trade policy challenges warrant close attention, we remain optimistic that the underlying fundamentals of the U.S. economy will support continued stability in the year ahead,” said …

March 26, 2026

Development Retail Texas

Kroger to Open 99,000 SF Store at Custer Frontier Marketplace in McKinney, Texas

by Taylor Williams March 25, 2026

MCKINNEY, TEXAS — Kroger will open a 99,000-square-foot store at Custer Frontier Marketplace, a 170,000-square-foot retail development in McKinney, a northern suburb of Dallas. The Kroger store will include a fuel station, and Custer Frontier Marketplace will also have 54,000 square feet of small-shop and freestanding retail space, along with pad sites. Michelle Caplan and Maggie Hansen of Weitzman represented the landlord in the lease negotiations.

March 25, 2026

Acquisitions Retail South Carolina Southeast

Ziff Real Estate Partners Acquires Charleston Shopping Center for $22.6M

by John Nelson March 25, 2026

CHARLESTON, S.C. — Locally based Ziff Real Estate Partners (ZRP) has acquired West Ashley Shoppes, a 136,327-square-foot shopping center located at 946 Orleans Road in Charleston’s West Ashley neighborhood. Baltimore-based Continental Realty Corp. (CRC) purchased the shopping center from ZRP for approximately $22.6 million via its Continental Realty Fund IV LP investment vehicle. Tom Kolarczyk of JLL represented the seller in the transaction. Situated across from Citadel Mall, West Ashley Shoppes was 90 percent leased at the time of sale to tenants including Ross Dress for Less, Dollar Tree and Cost Plus World Market. There is roughly 13,000 square feet of shop space available for lease, according to ZRP. CRC owned West Ashley Shoppes for 10 years prior to the sale.

March 25, 2026

Illinois Loans Midwest Office Retail

MMCC Secures $4M in Financing for Office, Retail Property in Suburban Chicago

by Kristin Harlow March 25, 2026

DOWNERS GROVE, ILL. — Marcus & Millichap Capital Corp. (MMCC) has secured $4 million in financing for a 19,000-square-foot office and retail property located at 5100 Main St. in Downers Grove. Dean Giannakopoulos of MMCC secured the financing with a regional lender on behalf of the private client. The loan features high leverage, flexible prepayment and a 5.95 percent interest rate. The property’s ground floor is home to Peet’s Coffee and Duly Health. There is additional office space on the building’s upper floors.

March 25, 2026

Nevada Retail Western

CenterSquare, Hamilton Lane to Recapitalize Tenaya Village Retail Strip Center in Las Vegas

by Kristin Harlow March 24, 2026

LAS VEGAS — CenterSquare Investment Management and funds managed by Hamilton Lane have announced a partnership to recapitalize Tenaya Village, a 49,554-square-foot retail strip center located in Las Vegas. Hamilton Lane is now the property’s majority investor, with CenterSquare retaining a minority stake. Spanning five buildings, Tenaya Village features a mix of tenants including Capriotti’s Sandwich Shop, Starbucks Coffee, Timbers Bar & Grill, Frijoles & Frescas and Wingstop. CenterSquare has owned the center since 2022.

March 24, 2026

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