Top 10 Retail CRE Deals — Week of 2026-08-10
Week of 2026-08-10 · Published August 10, 2026
Market Context
The U.S. retail real estate market is demonstrating significant liquidity in early August 2026, characterized by record-breaking lifestyle center acquisitions and a surge in institutional capital commitments. Despite a looming wave of CMBS maturities, prime assets with high footfall and stable occupancy continue to attract aggressive bidding from both private and institutional investors.
Rankings
Victoria Gardens, Rancho Cucamonga, CA
$530M · 1.2M SF · 98% leased
A joint venture of Redwood West and Panattoni acquired this 1.2 million-square-foot open-air lifestyle center from Brookfield Properties and QIC in a near-record transaction.
Plaza Bonita, National City, CA
$201.5M · 1M SF · Regional Mall
Henderson Park and Lowe formed a joint venture to acquire this 1 million-square-foot enclosed regional mall in San Diego County, planning significant upgrades.
NBIM & Asana Partners US Retail Venture
$500M · Institutional Commitment · US Retail
The Norwegian sovereign wealth fund doubled down on U.S. retail with a massive commitment to a venture with Asana Partners, following a previous investment in ECHO Realty.
Cupertino Shopping Mall & Hotel, Cupertino, CA
$130M · Mixed-use · Silicon Valley
The Roxborough Group acquired this retail complex and associated hotel property, marking a major investment in the Silicon Valley retail landscape.
North San Diego Retail Portfolio, CA
$71.5M · 727K SF · Portfolio Disposition
Brookfield Properties continued its Southern California disposition strategy by selling a 727,000-square-foot retail portion of a larger center to Steerpoint Capital and Steelwave.
The Pike Outlets, Long Beach, CA
$50M · 395K SF · 91% leased
Site Centers Corporation sold its ground leasehold and interests in this 395,000-square-foot waterfront retail destination to Panattoni and Redwood West.
Florida Space Coast Mall, FL
710K SF · Revitalization Play · Space Coast
Second Horizon Capital acquired this 710,000-square-foot retail center with plans for imminent improvements to revitalize the large-scale asset.
AutoZone Single-Tenant NNN, Bakersfield, CA
$2.6M · 15-year NNN · 10% increases
Torrey Financial Group sold a newly renovated single-tenant property to a Los Angeles investor, highlighting the continued demand for long-term triple-net leases.
Retail CMBS Maturity Wave
$1.18B · CMBS Maturities · 8% Debt Yield
Retail properties, particularly regional malls, led the July CMBS maturity wave, facing significant refinancing friction due to low debt yields.
National Single-Tenant Retail Volume
$3.2B · Q2 Volume · 11.3% QoQ Increase
The net lease retail sector saw a significant surge in volume during the second quarter, driven by investors seeking stability through sale-leasebacks.
Side-by-Side Comparison
| Rank | Deal / Asset | Price | Format | Source | Source |
|---|---|---|---|---|---|
| 1 | Victoria Gardens, Rancho Cucamonga, CA | $530M · 1.2M SF · 98% leased | A joint venture of Redwood West and Panattoni acquired this 1.2 million-square-foot open-air lifestyle center from Brookfield Properties and QIC in a near-record transaction. | - | Commercial Property Executive |
| 2 | Plaza Bonita, National City, CA | $201.5M · 1M SF · Regional Mall | Henderson Park and Lowe formed a joint venture to acquire this 1 million-square-foot enclosed regional mall in San Diego County, planning significant upgrades. | - | REBusinessOnline |
| 3 | NBIM & Asana Partners US Retail Venture | $500M · Institutional Commitment · US Retail | The Norwegian sovereign wealth fund doubled down on U.S. retail with a massive commitment to a venture with Asana Partners, following a previous investment in ECHO Realty. | - | PERE |
| 4 | Cupertino Shopping Mall & Hotel, Cupertino, CA | $130M · Mixed-use · Silicon Valley | The Roxborough Group acquired this retail complex and associated hotel property, marking a major investment in the Silicon Valley retail landscape. | - | GlobeSt |
| 5 | North San Diego Retail Portfolio, CA | $71.5M · 727K SF · Portfolio Disposition | Brookfield Properties continued its Southern California disposition strategy by selling a 727,000-square-foot retail portion of a larger center to Steerpoint Capital and Steelwave. | - | Commercial Property Executive |
| 6 | The Pike Outlets, Long Beach, CA | $50M · 395K SF · 91% leased | Site Centers Corporation sold its ground leasehold and interests in this 395,000-square-foot waterfront retail destination to Panattoni and Redwood West. | - | The Real Deal |
| 7 | Florida Space Coast Mall, FL | 710K SF · Revitalization Play · Space Coast | Second Horizon Capital acquired this 710,000-square-foot retail center with plans for imminent improvements to revitalize the large-scale asset. | - | GlobeSt |
| 8 | AutoZone Single-Tenant NNN, Bakersfield, CA | $2.6M · 15-year NNN · 10% increases | Torrey Financial Group sold a newly renovated single-tenant property to a Los Angeles investor, highlighting the continued demand for long-term triple-net leases. | - | REBusinessOnline |
| 9 | Retail CMBS Maturity Wave | $1.18B · CMBS Maturities · 8% Debt Yield | Retail properties, particularly regional malls, led the July CMBS maturity wave, facing significant refinancing friction due to low debt yields. | - | CRE Daily |
| 10 | National Single-Tenant Retail Volume | $3.2B · Q2 Volume · 11.3% QoQ Increase | The net lease retail sector saw a significant surge in volume during the second quarter, driven by investors seeking stability through sale-leasebacks. | - | GlobeSt |
Rankings are built using live web research and publicly available data. Sources are cited inline. This content is for informational purposes only and does not constitute investment advice. View all rankings →