{"id":1004766283,"date":"2025-07-25T09:04:58","date_gmt":"2025-07-25T17:04:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004766283"},"modified":"2025-07-26T02:12:13","modified_gmt":"2025-07-26T10:12:13","slug":"chase-properties-ventures-into-new-markets","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/chase-properties-ventures-into-new-markets\/","title":{"rendered":"Chase Properties Ventures Into New Markets"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a23ec0d7086a&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-large is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004732853\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/chase-properties-expands-retail-portfolio\/waynesboro_123-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Waynesboro_123-1.jpg\" data-orig-size=\"1513,1135\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Waynesboro-Chase-Properties\" data-image-description=\"&lt;p&gt;Property at 821 Town Center Drive, Waynesboro, Va.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Waynesboro Town Center is the sole national retail provider within 25 miles. Image courtesy of Chase Properties&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Waynesboro_123-1.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" height=\"768\" width=\"1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Waynesboro_123-1.jpg?w=1024\" alt=\"Aerial shot of Waynesboro Town Center in Virginia.\" class=\"wp-image-1004732853\" style=\"width:353px;height:auto\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Waynesboro_123-1.jpg 1513w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Waynesboro_123-1.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Waynesboro_123-1.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Waynesboro_123-1.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Last year, Chase Properties purchased Waynesboro Town Center in Waynesboro Va., along with another retail property in Ithaca, N.Y. <em>Image courtesy of Chase Properties<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Chase Properties has entered the Texas and Arkansas retail markets with the acquisition of a four-property portfolio totaling 514,983 square feet.<\/p>\n\n\n\n<p>Dubbed the Southwest Portfolio, the collection includes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Southloop Crossing in Lufkin, Texas, with stores like Old Navy, Ross, Five Below and Michaels.<\/li>\n\n\n\n<li>Killeen Marketplace in Killeen, Texas, which has Best Buy, Ross and Shoe Carnival as tenants.<\/li>\n\n\n\n<li>Southcenter Shopping Center in Hot Springs, Ark., anchored by Kroger, Hobby Lobby and Ross.<\/li>\n\n\n\n<li>Massard Crossing in Fort Smith, Ark., which sits near a Walmart and features TJ Maxx, Ross and Five Below among its tenants.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>WATCH VIDEO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/lets-talk-about-retail-trends\/\">Let\u2019s Talk About Retail Trends<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>The acquisition of this multimarket retail portfolio aligns with Chase Properties\u2019 strategy to focus on retail centers in secondary and tertiary markets across the country. Anchored by national brands and supported by major shadow-anchors like Walmart, these properties combine short-term value with long-term growth potential.<\/p>\n\n\n\n<p>As the company enters the Texas and Arkansas retail property markets for the first time, it aims to drive sustained growth and community engagement, following a strategy it has previously employed.<\/p>\n\n\n\n<p>Last October, Chase Properties expanded its portfolio with <a href=\"https:\/\/www.commercialsearch.com\/news\/chase-properties-expands-retail-portfolio\/\">two retail assets<\/a> in Ithaca, N.Y., and Waynesboro, Va.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-retail-properties-appeal-to-investors\">Retail properties&#8217; appeal to investors<\/h2>\n\n\n\n<p>Retail assets continue to attract investor interest. In the first quarter of 2025, <a href=\"https:\/\/www.commercialsearch.com\/news\/retail-investment-sales-volume-rises\/\">retail investment sales volume<\/a> was up 13 percent from the first quarter of 2024, according to research from Newmark. Among commercial real estate types, retail property values were the strongest for year-over-year growth, rising 4.6 percent, the same data source showed.<\/p>\n\n\n\n<p>In one of the sector&#8217;s largest transactions this year, Regency Centers Corp. acquired <a href=\"https:\/\/www.commercialsearch.com\/news\/regency-centers-closes-357m-portfolio-deal\/\">an Orange County, Calif., retail portfolio<\/a> for $357 million. The company bought the 630,000 square-foot, five-property portfolio from Rancho Mission Viejo. Featuring a solid roster of retailers and dining options, the properties are nearly fully leased.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The portfolio transaction marks the company\u2019s first retail acquisitions in Texas and Arkansas.<\/p>\n","protected":false},"author":3749,"featured_media":1004732853,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,13,21742,21749,51973],"tags":[43610],"class_list":["post-1004766283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-midwest","category-latest","category-retail","category-southwest","tag-chase-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Chase Properties Ventures Into New Markets - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Chase Properties has entered the Texas and Arkansas markets with a four-property retail portfolio acquisition.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/chase-properties-ventures-into-new-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chase Properties Ventures Into New Markets\" \/>\n<meta property=\"og:description\" content=\"Chase Properties has entered the Texas and Arkansas markets with a four-property retail portfolio acquisition.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/chase-properties-ventures-into-new-markets\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-25T17:04:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-26T10:12:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Waynesboro_123-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1513\" \/>\n\t<meta property=\"og:image:height\" content=\"1135\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mikayla Sciortino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/chase-properties-ventures-into-new-markets\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/chase-properties-ventures-into-new-markets\/\",\"name\":\"Chase Properties Ventures Into New Markets - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/chase-properties-ventures-into-new-markets\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/chase-properties-ventures-into-new-markets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Waynesboro_123-1.jpg\",\"datePublished\":\"2025-07-25T17:04:58+00:00\",\"dateModified\":\"2025-07-26T10:12:13+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f119cdcafd70d8f34fc5aa340ed5382b\"},\"description\":\"Chase Properties has entered the Texas and Arkansas markets with a four-property retail portfolio acquisition.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/chase-properties-ventures-into-new-markets\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/chase-properties-ventures-into-new-markets\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/chase-properties-ventures-into-new-markets\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Waynesboro_123-1.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Waynesboro_123-1.jpg\",\"width\":1513,\"height\":1135,\"caption\":\"Waynesboro Town Center is the sole national retail provider within 25 miles. 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