$55.4 million
A partnership between New York City–based Declaration Partners; Baltimore-based Frankel Properties; and Bethesda, Md.–based Willard Retail acquired Old Centreville (Va.) Crossing, a 171,600-square-foot, grocery-anchored shopping center west of Fairfax, Va. The seller was Chevy Chase, Md.–based JBG Smith. Spa World and supermarket chain H-Mart are anchors.
$24.1 million
Urban Edge Properties bought Wonderland Marketplace, a 139,500-square-foot, fully leased shopping center in Revere, Mass., anchored by Big Lots, Marshalls and Planet Fitness. JLL marketed the property on behalf of the seller, a partnership between Winstanley Enterprises and Surrey Equities.
Wonderland Marketplace, Revere, Mass.
$19.6 million
Riverstone Capital acquired the Shoppes at Forest Hill, a 112,400-square-foot center in West Palm Beach, Fla., anchored by a Walmart Neighborhood Market. JLL marketed the property on behalf of the seller (Trinity Place Holdings) and arranged financing for Riverstone.
$19 million
Bermuda Square Venture acquired Bermuda Square, an 84,100-square-foot neighborhood center in Chester, Va., from Giant Food Stores. Cushman & Wakefield | Thalhimer assisted the seller.
$15.1 million
A private investor bought a 20-acre parcel in Concord, N.C., net-leased to Lowe’s. The Boulder Group represented the buyer.
This property net-leased to Lowe's, in Concord, N.C., fetched $15.1 million
$12.8 million
Octave Investments acquired the 70,300-square-foot Ellard Village mixed-use center, in Alpharetta, Ga., from QSA Real Estate, of Alpharetta. Among the almost fully occupied center’s tenants are fitness studios, restaurants and beauty salons, as well as some commercial offices. Franklin Street represented the seller.
$2.2 million
A private investor bought a 3,100-square-foot property net-leased to Taco Bell in Sarasota, Fla., from a seller that Marcus & Millichap represented.
By Edmund Mander
Director, Editor-In-Chief/SCT
