Top 10 Retail CRE Deals — Week of 2026-08-24
Week of 2026-08-24 · Published August 24, 2026
Market Context
The national retail real estate market continues to show resilience as of late August 2026, with institutional investors increasingly targeting well-located, grocery-anchored, and open-air centers. While high borrowing costs persist, deal volume remains active, driven by strategic acquisitions and a focus on assets with long-term value-add potential.
Rankings
Victoria Gardens, Rancho Cucamonga, CA
$530M · 1.2M SF · 98% leased
Brookfield Properties and QIC sold this 1.2-million-square-foot open-air mall to a joint venture of Redwood West and Panattoni in a near-record Southern California retail transaction.
Providence Place Mall, Providence, RI
$133M · Regional Mall · Receivership exit
A partnership including Pyramid Management Group, Paolino Properties, and DW Partners acquired the state's largest mall out of receivership.
Beverly Connection, Los Angeles, CA
$270M · $790/SF · Alternative use
Ashkenazy Acquisition sold this 340,000-square-foot retail asset to Cedars-Sinai, reflecting a growing trend of institutional users repurposing retail space.
Townridge Shopping Center, Raleigh, NC
$36M · 273K SF · Grocery-anchored
Corebridge Real Estate Investors and Armstrong Capital Development acquired this 273,105-square-foot Walmart-anchored center as their inaugural venture acquisition.
Perimeter Woods, Charlotte, NC
$36.6M · 127K SF · Open-air
DLC Management and DRA Advisors acquired this 127,000-square-foot open-air center as part of a larger 1-million-square-foot portfolio expansion.
The Pike Outlets, Long Beach, CA
$50M · Retail Mall · Expansion play
Panattoni and Redwood West continued their Southern California expansion by acquiring this retail plaza from Site Centers Corporation.
Parkway Village, Sherwood, OR
$13.65M · Refinancing · Walmart-anchored
Gantry secured a permanent loan to refinance maturing debt for this 45,653-square-foot Walmart-anchored center in the Portland suburbs.
Easton Town Center, Columbus, OH
10-year CMBS · 19M+ annual visitors
Madison International secured a rare 10-year CMBS loan for this high-performing retail hub, which recorded over 19 million visitors in 2025.
Space Coast Retail Center, FL
710K SF · Value-add acquisition
Second Horizon Capital acquired this 710,000-square-foot shopping mall with plans for immediate capital improvements to enhance market position.
Las Vegas Retail Property, NV
$750M · CMBS Refinancing · $1.6B valuation
Simon Property Group secured a major CMBS refinancing for a Las Vegas retail asset, demonstrating continued liquidity for top-tier mall properties.
Side-by-Side Comparison
| Rank | Deal / Asset | Price | Format | Source | Source |
|---|---|---|---|---|---|
| 1 | Victoria Gardens, Rancho Cucamonga, CA | $530M · 1.2M SF · 98% leased | Brookfield Properties and QIC sold this 1.2-million-square-foot open-air mall to a joint venture of Redwood West and Panattoni in a near-record Southern California retail transaction. | - | The Real Deal |
| 2 | Providence Place Mall, Providence, RI | $133M · Regional Mall · Receivership exit | A partnership including Pyramid Management Group, Paolino Properties, and DW Partners acquired the state's largest mall out of receivership. | - | Connect CRE |
| 3 | Beverly Connection, Los Angeles, CA | $270M · $790/SF · Alternative use | Ashkenazy Acquisition sold this 340,000-square-foot retail asset to Cedars-Sinai, reflecting a growing trend of institutional users repurposing retail space. | - | The Real Deal |
| 4 | Townridge Shopping Center, Raleigh, NC | $36M · 273K SF · Grocery-anchored | Corebridge Real Estate Investors and Armstrong Capital Development acquired this 273,105-square-foot Walmart-anchored center as their inaugural venture acquisition. | - | Connect CRE |
| 5 | Perimeter Woods, Charlotte, NC | $36.6M · 127K SF · Open-air | DLC Management and DRA Advisors acquired this 127,000-square-foot open-air center as part of a larger 1-million-square-foot portfolio expansion. | - | Bisnow |
| 6 | The Pike Outlets, Long Beach, CA | $50M · Retail Mall · Expansion play | Panattoni and Redwood West continued their Southern California expansion by acquiring this retail plaza from Site Centers Corporation. | - | The Real Deal |
| 7 | Parkway Village, Sherwood, OR | $13.65M · Refinancing · Walmart-anchored | Gantry secured a permanent loan to refinance maturing debt for this 45,653-square-foot Walmart-anchored center in the Portland suburbs. | - | Connect CRE |
| 8 | Easton Town Center, Columbus, OH | 10-year CMBS · 19M+ annual visitors | Madison International secured a rare 10-year CMBS loan for this high-performing retail hub, which recorded over 19 million visitors in 2025. | - | CoStar |
| 9 | Space Coast Retail Center, FL | 710K SF · Value-add acquisition | Second Horizon Capital acquired this 710,000-square-foot shopping mall with plans for immediate capital improvements to enhance market position. | - | GlobeSt |
| 10 | Las Vegas Retail Property, NV | $750M · CMBS Refinancing · $1.6B valuation | Simon Property Group secured a major CMBS refinancing for a Las Vegas retail asset, demonstrating continued liquidity for top-tier mall properties. | - | CoStar |
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 →