Retail
TSCG Closes Partial Sale of FL Retail Asset
The acquired portion of Riverside Centre in St. Augustine, currently leased to Hobby Lobby and Sherwin Williams, contains approximately 62,000 square feet.
HFF Brokers Sale of San Antonio Retail Asset
A private investor acquired Nacogdoches Crossing, a roughly 22,500-square-foot neighborhood shopping center, located on the northeastern outskirts of the San Antonio.
Central Valley Shopping Center Fetches $6M
Colony Plaza, anchored by a Save Mart grocery store, is 92 percent leased to tenants such as H&R Block, Supercuts and Country Skillets.
CAI to Develop Mixed-Use Retail in Vegas
The developer of the upcoming shopping center has already signed pre-leases with national tenants, and plans to re-sell or develop the remaining square footage.
CREC to Lease 500 KSF South FL Retail Portfolio
The shopping centers, completed between 1985 and 1998, boast diverse tenants rosters that include notable brands such as Chase Bank, T.J.Maxx & HomeGoods, Starbucks and Winn-Dixie.
Terra Sells $72M Miami-Area Retail Center
Doral Commons, which was 95 percent leased at the time of sale, fetched $514 per square foot two years after being completed.
Boston University-Proximate Retail Asset Trades
J. & M. Realty Inc. has sold 957 Commonwealth Ave., a 15,800-square-foot retail property in Brighton, with the aim of serving Boston University’s students, faculty and staff.
Monarch Investments Signs 40 KSF Nashville-Area Lease
The new tenant, a discount fashion retailer, plans to open its first central Tennessee location in the space during the second quarter of 2018.
Divaris Facilitates Sale, Leases in SC and NC
Divaris Real Estate’s Charlotte office negotiated six transactions, including the $800,000 sale of a former furniture store in Columbia, S.C.
Wheeler Buys Norfolk, VA Shopping Center for $86M
Several national retailers anchor JANAF Shopping Yard, which is situated approximately nine miles from Wheeler’s corporate headquarters.