Tag: Shopping
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NewMark Merrill Buys Chicago Shopping Center for $22M
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Marketplace at Six Corners comprises two buildings on some 10 acres. Image courtesy of Mid-America Real Estate Corp. DRA Advisors has sold Marketplace at Six Corners, a 116,941-square-foot grocery-anchored urban shopping center in Chicago. NewMark Merrill acquired the asset for $22.4 million and financed the purchase with a $14.9 million loan from United Omaha Life…
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Whitestone REIT Sells Phoenix-Area Shopping Center
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Mercado at Scottsdale Ranch comprises six buildings spread across 9 acres. Image courtesy of Newmark Mercado at Scottsdale Ranch, a 118,751-square-foot shopping center in Scottsdale, Ariz., has changed hands for $26.5 million. The property was 94.8 percent leased at the time of sale. Ziff Real Estate Partners purchased the asset from Whitestone REIT, according to…
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Frayer Enterprises Sells 187 KSF Toledo Shopping Center
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Frayer Enterprises has sold Airport Square, a 187,252-square-foot shopping center in Toledo, Ohio. A private investor from Las Vegas acquired the asset for $11.9 million. Airport Square came online in 1986, comprising four buildings spread on some 23 acres. Image courtesy of SRS Real Estate Partners. Airport Square came online in 1986, comprising four buildings…
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Sunbelt Investment Breaks Ground on Phoenix-Area Shopping Center
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Sunbelt Investment Holdings Inc. has broken ground on Buckeye Commons, a 410,000-square-foot retail center in Buckeye, Ariz. Buckeye Commons will rise south of Verrado, an 8,800-acre master-planned community. Image courtesy of Phoenix Commercial Advisors Buckeye Commons will rise south of Verrado, an 8,800-acre master-planned community. Image courtesy of Phoenix Commercial Advisors Buckeye Commons will rise…
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DRA Advisors Sells Chicago Value-Add Shopping Center
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Oak Forest Commons features a vacant space formerly occupied by Food 4 Less. Image courtesy of Mid-America Real Estate Corp. Oak Forest Commons features a vacant space formerly occupied by Food 4 Less. Image courtesy of Mid-America Real Estate Corp. Oak Forest Commons features a vacant space formerly occupied by Food 4 Less. Image courtesy…
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Baltimore-Area Shopping Center Lands $22M
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Arundel Plaza comprises six buildings spread on some 24 acres. Image courtesy of JLL Capital Markets Arundel Plaza comprises six buildings spread on some 24 acres. Image courtesy of JLL Capital Markets Arundel Plaza comprises six buildings spread on some 24 acres. Image courtesy of JLL Capital Markets United Hampshire U.S. REIT has obtained $22…
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Radom Capital Lines Up $76M Refi for Houston Shopping Center
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Radom Capital has received a $76 million loan for the refinancing of Montrose Collective, a 169,514-square-foot shopping center in Houston, according to CommercialEdge data. Montrose Collective is within one of Houston’s most desirable neighborhoods. Image courtesy of JLL Montrose Collective is within one of Houston’s most desirable neighborhoods. Image courtesy of JLL Montrose Collective is…
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PMAT Sells Chicago-Area Shopping Center
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PMAT has sold Downers Park Plaza, a 124,005-square-foot shopping center in Downers Grove, Ill. Broder & Sachse Real Estate purchased the asset. Downers Park Plaza came online in 1979. Image courtesy of Mid-America Real Estate Corp Downers Park Plaza came online in 1979. Image courtesy of Mid-America Real Estate Corp Downers Park Plaza came online…
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Crosspoint JV Sells Publix-Anchored Shopping Center
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Public has been anchoring Palm Plaza since the property’s completion. Image courtesy of Colliers Public has been anchoring Palm Plaza since the property’s completion. Image courtesy of Colliers Public has been anchoring Palm Plaza since the property’s completion. Image courtesy of Colliers Forge Real Estate Partners V, a private equity fund jointly sponsored by Forge…
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Clarion Partners Sells Boston-Area Shopping Center
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Completed in 2002, Brookside Shops is anchored by Trader Joe’s. Image courtesy of Institutional Property Advisors Completed in 2002, Brookside Shops is anchored by Trader Joe’s. Image courtesy of Institutional Property Advisors Completed in 2002, Brookside Shops is anchored by Trader Joe’s. Image courtesy of Institutional Property Advisors Crosspoint has purchased Brookside Shops, a 75,529-square-foot…
