Bedford, N.H. — HFF has arranged the $46.1 million sale of The Shoppes at Bedford Mall, a 277,289-square-foot, recently redeveloped, grocery-anchored retail center in Bedford, a suburb of Manchester.
- Published in The Latest News
Bedford, N.H. — HFF has arranged the $46.1 million sale of The Shoppes at Bedford Mall, a 277,289-square-foot, recently redeveloped, grocery-anchored retail center in Bedford, a suburb of Manchester.
San Juan, Puerto Rico — Puerto Rico’s first upscale shopping center, developed through a partnership with Taubman and New Century Development Inc., opened last week with more than 60 percent of tenants being first-to-market.
North Olmsted, Ohio — Kyle Hartung of Goodman Real Estate Services Group LLC has brokered the $2.8 million sale of Bentley Coe Plaza in North Olmsted.
Berkeley, Calif. — Prudential Mortgage Capital Co. has provided Donahue Schriber Realty Group with $118.5 million in financing to acquire four grocery-anchored shopping centers in California and Washington.
Orlando, Fla. — Sean Glickman, senior advisor for institutional investments at Coldwell Banker Commercial NRT and founder of the Glickman Retail Group, has brokered the sale of Colonial Town Center in Orlando to an international buyer for $9.3 million.
Dallas — After 21 years, many as the top female broker in the southwest region, Jennifer Pierson has left CBRE to start her own company.
Orlando, Fla. — Sean Glickman, senior advisor for institutional investments at Coldwell Banker Commercial NRT and founder of the Glickman Retail Group, has brokered the sale of Colonial Town Center…
Camden, S.C. — ProVest Properties LLC has purchased Springdale Plaza, a 179,000-square-foot shopping center located in Camden, for $11.8 million.
Atlanta — GBT Realty Corp. has acquired a 1.7-acre site in East Cobb County, a suburb of Atlanta, for $1.65 million.
Tustin, Calif. – Kettlebar restaurant has opened at Union Market Tustin.
Atlantic City, N.J. — The Bass Pro Shops Outpost store in Atlantic City is scheduled to open Wednesday, April 15, after a ribbon-cutting ceremony.
Chicago — Mid-America Real Estate Corp.’s Investment Sales team has brokered the sale of 174 North Michigan Avenue, located in Chicago, for $12.5 million.
Staten Island, N.Y. — Staten Island Mall will undergo a multi-million dollar redevelopment that will add interior and exterior upgrades, new fashion retailers, restaurants, a Fairway Market and public piazza…
Decatur, Ill. — Block & Co. Inc. has sold a 45,114-square-foot retail strip center in Decatur for $4.65 million.
Baldwin Park, Calif. — Faris Lee Investments has completed the $2.7 million sale of a single-tenant NNN-leased property occupied by O’Reilly Auto Parts in Baldwin Park.
Lombard, Ill. — Leopardo Companies Inc. has completed its 68,000-square-foot renovation of the AMC Yorktown 18 featuring AMC Red Kitchen in Lombard.
Provo, Utah — Hanley Investment Group has completed the sale of a 13,620-square-foot, multi-tenant retail property located at the entrance to Brigham Young University in Provo. The sale price was…
Glendale, Calif. — In celebration of its 40th anniversary, Massis Kabob has expanded and rebuilt a bigger flagship restaurant that occupies 1,500 square feet in the Glendale Galleria food court.
Mesa, Ariz. — Shopoff Realty Investments has sold Augusta Ranch Marketplace, an 80,247-square-foot grocery-anchored shopping center, as well as an adjacent developable pad, in Mesa, for $14 million.
Auburn, Wash. — Loja Real Estate LLC has sold Lakeland Town Center in Auburn to Donahue Schriber Realty Group for approximately $51.5 million.
Rancho Mission Viejo, Calif. — Westar Associates has begun development and leasing of Sendero Marketplace, a new 11.5-acre neighborhood retail center in Rancho Mission Viejo, a planned community in California.
Blaine, Minn. — Transwestern’s Chicago office has brokered the sale of The Village of Blaine Shopping Center located in Blaine.
Minneapolis — Mid-America Real Estate – Minnesota LLC has added Tricia Pitchford to the brokerage’s Project Leasing team.
New York — Rouse Properties Inc. has executed lease agreements with Grimaldi’s Pizzeria to open at three of its malls in late 2015: Southland Center in Taylor, Michigan; Chesterfield Towne Center…
Lilburn, Ga. — Wheeler Real Estate Investment Trust Inc. (Wheeler REIT) has purchased Beaver Ruin Village, a 74,038-square-foot shopping center located in Lilburn, a suburb of Atlanta.
Trinity, Fla. — According to developer The Sembler Co., Publix will anchor the Shoppes at Trinity Lakes, a 76,000-square-foot center located in Trinity, Florida.
Round Lake Beach, Ill. — Lee & Associates has negotiated the $12.7 million sale and purchase of a Kohl’s store, located in Round Lake Beach.
New York — Eastern Consolidated has arranged the sale of a multiple-property portfolio, known as the Lee Estate Portfolio, for $107 million.
Fort Lauderdale, Fla. — Franklin Street has completed the sale of a neighborhood shopping center for $5.7 million.
Secaucus, N.J. — RKF has arranged the $64 million sale of the Plaza at Harmon Meadow, a multi-building, 217,613-square-foot retail/office property located in Secaucus.
Columbus, Ohio — Easton Town Center, a 1.7 million-square-foot shopping center located in Columbus, has signed lease agreements with 13 new tenants that will be included in the shopping center’s…
Seattle — A four-property retail portfolio in Seattle has received $64 million in financing.
Denton, Texas — H&M, a fashion retailer, will open a new location in Denton. The 23,000-square-foot property is located at the Golden Triangle Mall and is set to open this…
Auburn and Tacoma, Wash. —Donahue Schriber Realty Group has acquired Lakeland Town Center in Auburn, as well as Westgate North located in Tacoma. The combined purchase price for both properties…
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Los Angeles — Crenshaw Square, built in 1959 and long a community landmark in Los Angeles, has sold for $5.9 million. The mixed-use building totals 58,792-square-foot of retail and office…
Brooklyn, Minn. — Robert Bhat, vice president of NorthMarq Capital’s Miami-based regional office, has secured a $13 million commitment for the refinancing of Shingle Creek Crossing Phase III, located in…
Atlanta — Marcus & Millichap has brokered the sale of the 19,969-square foot retail component of the Windsor Glenridge Springs mixed-use project in Atlanta. The sale price of $6.4 million…
Atlanta — Marc Kirchhoff has joined Halpern Enterprises as vice president. Kirchhoff will spearhead Halpern’s build-to-suit retail development program, finding and developing locations for national tenants in the Southeast.
Bloomfield Hills, Mich. — Agree Realty Corp. has recently closed on the acquisition of 15 retail properties for an aggregate purchase price of approximately $42.1 million.
St. Charles, Ill. — The Boulder Group has brokered the $2 million sale of a single-tenant, net lease On The Border restaurant property in St. Charles.
Douglasville, Ga. — Ackerman & Co. has brokered the sale of a 14,490-square-foot, single-tenant, net-leased Walgreens in Douglasville for $5.8 million, or 99 percent of asking price.
Irving, Texas — BMC Capital has arranged a $3.2 million purchase loan for a multi-tenant retail property located in Irving.
Las Vegas — A 55,583-square-foot retail center in Las Vegas has sold to Charleston Festival Retail LLC for $13.8 million.
Dublin, Calif. — Ross Dress for Less opened more than 20 new stores nationwide on March 7.
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Longwood, Fla. — CBRE has arranged the sale of a 61,200-square-foot retail center located in Longwood for $3 million.
Miami Gardens, Fla. — Palmetto Park has broken ground on the inline space at Palmetto Gardens Plaza, a 63,000 square-foot shopping center located in Miami Gardens.
Cincinnati — Phillips Edison & Co. has appointed six new vice presidents.
New York — Bonobos, the Internet-launched e-commerce men’s clothing brand, will upon its Guideshop retail concept with the June 2015 launch of its first flagship location in the Flatiron District…
Los Angeles — The seller was a Los Angeles-based private investor represented by Ed Hanley, Kevin Fryman and Eric Wohl of Hanley.
Dallas — Victory Park includes 621,000 square feet of Class A office space, the 252-room W Dallas – Victory Hotel and more than 1,700 residential units.
Highland Village, Texas — Upgrades includes enhanced common area improvements, upgraded landscaping, new amenities for adults and children, and more.
Houston — Simon will also build a 14,000-square-foot, freestanding retail building along Westheimer Road.
Austin, Texas — Southpark Meadows III is 94 percent occupied.
Beachwood, Ohio — Petherbridge joined DDR as senior vice president of capital markets in December 2011.
Philadelphia — Lawndale Plaza is located in the Lawndale submarket in northeast Philadelphia.
Tucson, Ariz. — The seller was Casas Adobes Plaza LLC.
San Jose, Calif. — The first restaurant developed by franchisee Tom Menik is anticipated to open at the end of the year.
Madison, Wisc. — Burlington Coat Factory and Jo-Ann Fabrics are the anchor tenants at Westland; other tenants include Rogan Shoes, Burger King, and Hand & Stone Massage and Day Spa.
Tallahassee, Fla. — University Village's major tenants include Gold’s Gym and a United States Post Office.
Sandy Springs, Ga. — LA Fitness anchors Sandy Springs Crossing, and other tenants include Rockler Woodworking, Salons by JC, Gwinnett College, Hinton’s Wines, Bride Beautiful and Nori Nori Japanese Restaurant.
Mission Viejo, Calif. — Mission Viejo Garden Plaza was built in 1975 and renovated in 2009.
West Des Moines, Iowa — Baceline purchased the 142,600-square-foot neighborhood shopping center in 2013.
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By Robyn Marano
Freehold, N.J. — The center was completely vacant before a recent recapitalization and is now 100 percent leased.
Clark, N.J. — Executed leases lined up for 100 percent of the center include anchor tenants of Whole Foods and HomeGoods.
Columbia, S.C. — Based in Jackson, Mississippi, Newk’s currently has 77 units in 13 states, predominantly in the Southeast.
Atlanta — All three retailers are expected to open this fall.
Weeki Wachee, Fla. — There are approximately 24 years remaining on the lease.
Virginia Beach, Va. — The location is adjacent to Virginia Beach Town Center.
Port Arthur, Texas — Port Arthur Center is fully leased to tenants including Hobby Lobby, Party City, PetSmart, Firehouse Subs, Cash Store, Gulfside Dental and Chipotle Mexican Grill.
Joliet, Ill. — With the addition of a new building, the total gross leasable area of Joliet Commons will increase to 229,000 square feet.
Bloomington, Ill. — The dine-in entertainment complex features 10 large, wall-to-wall screens and all-new stadium seating.
Cedar Hill, Texas — Uptown Village at Cedar Hill currently includes 350,000 square feet of specialty stores and restaurants.
Monroe Township, N.J. — The transaction was structured with a 10-year term and 30-year amortization schedule.
Lake Geneva, Wisc. — Anchor tenants at Geneva Square include a 50,000-square-foot Piggly Wiggly and Aurora Health Center, a 63,000-square-foot health care provider.
Tempe, Ariz. — The Target store is approximately 115,000 square feet and the US Bank is approximately 3,400 square feet.
Beachwood, Ohio — Oakes assumed the role of president and CFO in January 2013.
Indianapolis — The retail center’s anchor tenant, Kroger, is not part of the acquisition.
Irvine, Calif. — The seven centers total more than 800,000 square feet.
Thomas OnderShareholder, Stark & Stark
Lafayette, Ind. — Lafayette Pavilions Shopping Center is anchored by Gordmans, Hobby Lobby, Gander Mountain and TJ Maxx.
Augusta, Ga. — Previously, Gibson was a managing partner of Hull Storey Gibson Cos. for 15 years.
Chattanooga, Tenn. — Five people were promoted to either senior vice president or vice president positions.
Denver — Clayton Lane consists of 335,000 square feet and four separate parking facilities situated within a larger mid-rise mixed-use development in one of Denver's most affluent urban communities.
Costa Mesa, Calif. — Each investor has provided $125 million in capital.
Panama City, Fla. — Bay City Point could feature over 250,000 square feet of new businesses.
Los Angeles — Jerde led a multi-disciplinary team that designed more than 100 urban places around the world as well as created the look of the 1984 Olympic Games in Los Angeles.
Accokeek, Md. — Manokeek Village Shopping Center includes additional land approved for development of up to 50,000 rentable square feet of commercial space.
Miramar Beach, Fla. — Hahn is responsible for Howard Group’s office leasing, acquisitions, leasing management and also serves as a broker for Howard Realty Inc.
Dallas — The full expansion will double the company’s size to 86 screens, making ShowBiz Cinemas one of the largest privately owned theater operators in Texas.
Santa Ana, Calif. — The Wokcano location will be the first location for the chain in Orange County.
Melville, N.Y. — A&G Realty is currently accepting bids on the leases, which range from 1,200 to 5,300 square feet.
Tustin, Calif. — Grigg’s responsibilities will include oversight of all financial functions, including monthly reports, annual budgets, CAM reconciliations and audits.
By Carrie Smith and Katy Figg
Fort Worth, Texas — RadioShack currently has about 4,000 company-owned stores in the United States.
Cleveland — The transaction is a joint venture between affiliates of Mesirow Financial, Cantor Fitzgerald and Net Lease Capital Advisors
Bellingham, Wash. — Growing from 18 to 164 stores, Haggen will quintuple the number of people it employs to 10,000.
Millbury, Mass. — The center’s anchors and retailers include Nordstrom Rack, Target, Kohl's, Barnes & Noble, Dick's Sporting Goods, Gap, Jos A. Bank and LOFT.
Westerville, Ohio — SPMC Urban Properties purchased the property in a 1031-tax-deferred exchange.
Fort Wayne, Ind. — Joel Gorjian led Namdar in the disposition.
Fresno and Clovis, Calif. — Manchester North Shopping Center, one of the centers, is a 103,563-square-foot retail center anchored by Dollar Tree and Hometown Buffet.
Willimantic, Conn. — Willimantic Plaza is anchored by BJ’s Wholesale Club.
Ridgeland, Miss. — Trace Station Shopping Center was 96 percent occupied at the time of sale.
New York — Both Gus Nuzzolese and Darren Leiderman previously held the titles of senior executive director at Colliers.
Los Angeles — Jaffe previously held the title of executive vice president and general counsel at BH Properties.
Baltimore — Cataffa will work closely with DDG’s chairman and CEO, Ahsin Rasheed, to expand the firm’s portfolio.
Fishers, Ind. — The transaction was structured with a 10-year term and 25-year amortization schedule.
Charlottesville, Va. — The center will be home to the second Dick's Sporting Goods location in the market.
Washington Township, N.J. — Two retailers will have grand openings in the spring of 2015.
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Fontana, Calif. — The property is shadow-anchored by Brunswick Foothill Bowling Center and is directly across from a Walmart-anchored shopping center.
Tulsa, Okla. — The Owasso location will be the eighth Academy Sports store developed by GBT since 2011.
The Woodlands, Texas — Truluck’s will be located in Hughes Landing in Restaurant Row, while Starbucks will be located on the retail level of One Lakes Edge, the 390-unit luxury development in…
Macclenny, Fla. — Cornerstone Square Shopping Center is anchored by Tractor Supply, Peebles, Dollar Tree, CATO and Hibbett Sporting Goods.
Baltimore — Gulati joined DDG in 1992.
Atlanta — Phase II of Avalon will encompass an additional 80,000 square feet of retail.
Boise, Idaho — Shook previously served as president and CIO of Ischus Capital Management LLC.
Mesa, Ariz. — The site plan calls for 710 parking spaces and a Fry’s Fuel Center consisting of a gas canopy with nine fuel dispensers.
San Jose, Calif. — The center was built in 2014 and includes 320,000 square feet of retail space.
Washington, Ill. — The property was sold for an undisclosed sales price.
Little Rock, Ark. — Markham Square is anchored by Burlington Coat Factory and Ross Dress for Less.
Edmonton, Alberta — Since the initial project announcement in December 2013, the shopping center’s retail area has been increased by 65,000 square feet to 415,000 square feet, and now will welcome…
Chicago — Tucker previously held positions with Kirkland & Ellis LLP and Paul Hastings LLP.
Glendora, Calif. — The center is part of a nearly 800,000 square-foot master-planned retail power center with major anchors The Home Depot, Sam's Club, Kohl's, Best Buy, AMC Theaters and other national…
Westland, Mich. — The property was 84 percent occupied at the time of sale.
Long Branch, N.J. — Capital One provided bridge financing for the first phase of the acquisition in November 2014.
Chicago — The Columbian Retail Shops features retailers Burger Bar and Elements Therapeutic Massage.
Alexandria, Ky. — The 207,606-square-foot retail community center Alexandria Village Green is anchored by County Market and shadowed by Walmart Supercenter.
Palm Coast, Fla. — Phase I of the to-be-renamed Island Walk, which includes the majority of small shop tenants, will be completed spring 2015.
New York — Liberty View Industrial Plaza, also known as 850 3rd Avenue, is an eight-story retail, industrial and technology complex.
Foothill Ranch, Calif. — The company will continue to operate its business as “debtors-in-possession."
Elizabeth, N.J. and Fort Worth, Texas — The two properties were acquired in connection with the closing of Washington Prime Group's acquisition of Glimcher Realty Trust.
Glendale, Ariz. — It will be the third Valley location for Dave & Buster’s, joining Tempe Marketplace and Desert Ridge.
Eau Claire, Wisc. — Menards Inc. purchased the 133,883-square-foot center.
St. Petersburg, Fla. — Beyer has been with the company for 12 years and has been involved with more than 1.5 million square feet of development.
North Plainfield, N.J. — The properties include two grocery-anchored shopping centers and a regional mall.
Mountain View, Calif. — Several notable companies are either headquartered or have a major presence within five miles of San Antonio Shopping Center.
Chattanooga, Tenn. — Ziff Properties was self-represented by COO and director of acquisitions Christian Chamblee.
New York — The Maille Boutique will offer New Yorkers more than 20 mustard variations.
Albertville, Ala. — The center will be completed in spring 2016.
San Marcos, Calif. — Major tenants of the property include Ralph’s and CVS.
Denver — Quebec Square and Quebec 36 are home to PetSmart, Ross, Big Five Sports, Party City, Office Depot, Smashburger and more.
Newburgh, N.Y. — More than 50 stores, restaurants and entertainment venues are slated for the development.
Pleasant Hill, Calif. — The transaction was structured with a 20-year term fully amortizing loan.
Vista, Calif. — The 17,855-square-foot Breeze Hill Commercial Center is fully occupied by eight tenants, half of which are national tenants and half of which are regional.
Miami Gardens, Fla. — Miami Gardens residents can shop an assortment of items on Walmart.com, many of which can be shipped for free to the new store.
Chicago — This Whole Foods is one of the largest and highest-producing Whole Foods stores in the United States.
Lafayette, La. — The majority of the retailers committed to the project are either first-time locations within Lafayette or Louisiana, or both.
Philadelphia — MOM’s is known for having 100 percent-certified organic produce, being wind-powered and recycling over 90 percent of their waste.
Chapin, S.C. — NAI Avant senior investment broker Dail Longaker represented the owner of the center in the transaction.
Cincinnati — The REIT owns and manages a retail portfolio consisting of 20 grocery-anchored shopping centers totaling approximately 2.3 million square feet.
Massillon, Ohio — The store will open fall of 2015.
Port Richey, Fla. — The interest-only loan is non-recourse and caries a competitive interest rate.
Miami — CBRE represented Nationwide Theatres West Flagler LLC in the sale of Flagler West Corporate Park | The Centre at the Waterways.
Greensboro, N.C. — Two restaurants in North Carolina and one in Virginia are serving as test models for the renovation plan.
Monroe, N.C. — Madison Marquette sold the 379,630-square-foot center.
Jericho, N.Y. — The Willow Wood Shopping Center is anchored by Petco.
Lorain, Ohio — Joel Gorjian led the Namdar Realty Group team in the transaction.
Cincinnati — Smith will report to Vice President of Retail/Mixed-Use Jim Harkin.
Melbourne, Fla. — Pineda Landings will be anchored by The Fresh Market, the first location for the specialty grocer in Brevard County.
Poughkeepsie, N.Y. — The Shoppes at South Hills' tenants include ShopRite, Burlington Coat Factory, Hobby Lobby and Chuck E. Cheese.
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Minnetonka, Minn. — The new development will feature ground-floor commercial space, including anchor tenant Highland Bank, and five upper floors with 115 luxury apartments.
Oakbrook Terrace, Ill. — Joe Girardi has been involved in the completion of more than $2 billion of retail investment sale transactions.
Houston — The 650,000-square-foot mixed-use development on 14 acres is located inside Loop 610.
Miami — The 235,000-square-foot center is anchored by Walmart.
Greenville, S.C. — Formerly the Greenville Mall, Magnolia Park was purchased by a Menin affiliate in 2007.
New York — He most recently served as president and CEO of Cushman & Wakefield’s Corporate Occupier & Investor Services (CIS) group.
Richardson, Texas — KDC’s CityLine is the first Texas lease for Tom+Chee.
Cuyahoga Falls, Ohio and Austin, Texas — The Shoppes at Chapel Hill is an 85,229-square-foot shopping center located in Cuyahoga Falls, serving all of the northern Akron and southeast Cleveland suburbs.
Chicago — There are nine years remaining on the Gino’s East lease, which expires in July 2023.
Fairfield, Calif. — A Raley’s grocery store anchors Woodcreek Plaza, which is fully leased.
Baton Rouge, La. — Rouzan Village is situated just east of downtown Baton Rouge and within minutes of the LSU campus.
Baton Rouge, La. and Cut Off, La. — Managing Directors Kris Cooper and Margaret Caldwell led the JLL retail investment sales team on these transactions.
Carlsbad, Calif. — Macy’s has operated at this location since 1979, but was renovated in 2000.
West Covina, Calif. — South Hills Plaza sits on a 9.43-acre site.
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Chicago — The acquisitions consist of a total of 238,462 square feet of leasable space on 12.38 acres.
Austin, Texas and Indian Harbour Beach, Fla. — The Sembler Company will serve as property manager and leasing agent for both properties.
New York — The 23-story Exhibit project will be developed by Socius Development Group, and will contain a total of 120 rental units (96 market rate and 24 affordable) comprised…
Chapel Hill, N.C. — University Mall will be renamed University Place beginning in 2015, and will receive a new logo and new consumer advertising campaign.
Hackensack, N.J. — Summit Plaza is anchored by a 62,000-square-foot Super Stop & Shop.
Philadelphia — The building was formerly occupied by The Art Institute of Philadelphia.
Stockbrige, Ga. — The seller was a Delaware-based limited liability company.
Atlanta — Phase I of the development will open in spring 2017, coinciding with the stadium’s debut on Opening Day in 2017.
La Habra and Santa Ana, Calif. — Franchisee Crafty Pizza is also negotiating leases on two additional sites and has identified five other site candidates in Orange County.
Washington — Nearly 20 percent of the portfolio is occupied by grocery stores.
Bluffton, S.C. — Matt Good arranged the 4.6 percent fixed-rate, non-recourse loan, which features a 10-year term and 30-year amortization schedule.
Dallas — The eatery's first location opened in December 2013.
Winter Park, Fla. — A family in Indiana owned the center since its original construction in 1953.
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Stafford, Va. — A Sonic restaurant and a new Hilton will be completed in 2015.
Newark, N.J. — The existing food court environment that was constructed in 1973 was last refurbished approximately 14 years ago.
New York — The team will work to ensure Cushman & Wakefield’s retail professionals continue to provide real estate solutions that drive meaningful value to clients.
Minneapolis — Prior to joining Mid-America, Edwards worked for the Triple Five Group of Companies.
Los Angeles — Macy’s will transform its 250,000-square-foot store into an open environment.
New York — Winn will report directly to CEO Andrea Olshan.
New York — “We are pleased to attract such prestigious, well-known retail anchors in these three strategically-located properties,” says Brett Herschenfeld, managing director of SL Green Retail.
Dawsonville, Ga. — Halpern purchased the property earlier this year, and will begin site work in the first quarter of 2015.
New York — The company has also negotiated a commitment for a $20 million debtor-in-possession credit facility with Salus Capital Partners LLC.
Winter Park, Fla. — Aloma Square WP LLC purchased the center from Noble Properties.