NAI Legacy brokers $7.8 million sale of Walgreens property in Wayzata
NAI Legacy completed the $7.8 million acquisition of the Walgreens property at 1055 Wayzata Blvd. E in Wayzata, Minnesota, a substantial discount to the last…
Retail
Adolfson & Peterson Construction to renovate former Oak Lawn Design Plaza in Dallas
Adolfson & Peterson Construction has been selected by retail real estate investment firm Asana Partners to renovate the former Oak Lawn Design Plaza in the Dallas Design…
Hanley Investment Group, CP Partners arrange $9.45 million sale of Sprouts Farmers Market in Nashville
Hanley Investment Group Real Estate Advisors and CP Partners arranged the $9.45 million sale of a newly constructed, single-tenant property occupied by Sprouts Farmers Market…
Mid-America Real Estate Corporation brokers sale of 67,146-square-foot shopping center in Oak Brook
Mid-America Real Estate Corporation’s Investment Sales Group brokered the sale of The Oaks of Oak Brook, a 98% leased shopping center featuring a complementary mix of medical, entertainment,…
Vacancy rates rise, but U.S. retail sector remains a resilient one
The U.S. retail sector saw its vacancy rate increase in the second quarter. But this sector remains a resilient one, with retailers continuing to open…
Marcus & Millichap brokers sale of BMO bank property in Evanston
Marcus & Millichap closed the sale of a BMO Bank property in Evanston, Illinois, for $1.675 million. Nicholas Kanich, investment specialist in Marcus & Millichap’s…
Hanley Investment Group arranges sale of 7-Eleven store in McAllen
Hanley Investment Group Real Estate Advisors arranged the sale of a single-tenant, 2,240-square-foot 7-Eleven convenience store on a 0.19-acre parcel at 1020 S. 23rd St.…
Gerdom Realty and Investment brings craft studio to Commerce Township retail center
The Gerdom Realty and Investment team of Tjader Gerdom and Matthew Rickabaugh represented AR Workshop in securing 1,333 square feet at Commerce Town Center at…
Marcus & Millicahp closes sale of 26-until retail property in Indiana
Marcus & Millichap brokered the sale of Holiday Center, a four parcel, 26-unit retail strip property in Columbus, Indiana, for $4.6 million. Forest Bender and…
Marcus & Millichap negotiates $4.1 million sale of retail property in Portage
Marcus & Millichap facilitated the sale of Centre Square, a two-building retail property in Portage, Michigan, for $4.1 million. Seth Haron, Darin Gross and Ashish…