Author

Abby Cox

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Grocery-anchoredLeasingMixed-useNew JerseyNews

Triangle Equities, Incline Capital Sign Leases with Six New Tenants at The Crossings at Brick Church Near Manhattan

by Abby Cox

East Orange, N.J. — Triangle Equities and Incline Capital, alongside commercial leasing partner RIPCO Real Estate, have signed leases with six new tenants totaling 75,000 square feet at The Crossings at Brick Church, a mixed-use development under construction in East Orange, roughly 10 miles west of Manhattan. Burlington will occupy a 48,900-square-foot space, while Five Below will occupy 9,600 square feet. Women’s clothing retailer Rainbow will open a 6,400-square-foot store and Verizon will debut a 1,424-square-foot store. Healthcare provider Newark Community Health Center and Angel Nails will occupy 4,500 square feet and 3,400 square …

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Investment salesNewsWashington

Newmark Brokers Sale of 54,264-Square-Foot Renton Highlands Shopping Center Near Seattle

by Abby Cox

Renton, Wash. — Newmark Retail Capital Markets has arranged the sale of Renton Highlands Shopping Center, a value-add retail center located at the intersection of 4110 and 4250 N.E. 4th St. in Renton, roughly 12 miles southeast of downtown Seattle. Cincinnati-based Phillips Edison & Co. purchased the center for $15.8 million, according to the Puget Sound Business Journal. At the time of sale, the 54,264-square-foot property was 82 percent leased. Current tenants include The Goddard School, Petco, AutoZone, DaVita Renton Dialysis and Chase Bank. The property is shadow anchored by …

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Investment salesNew HampshireNews

Village Center Properties Completes 8,700-Square-Foot Retail Project in Windham, New Hampshire

by Abby Cox

Windham, N.H. — New Hampshire-based Village Center Properties has completed an 8,700-square-foot retail project in Windham, located near the Massachusetts-New Hampshire border. Known as Village Center Place, the project comprises three spaces, two of which have been leased. The remaining, 3,250-square-foot restaurant space includes patio seating. Sperry Commercial Realty Associates is the property’s leasing agent.

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DevelopmentIndianaNewsRestaurants

Broken Yolk Café Signs Two-Unit Development Agreement in Lafayette, Indiana

by Abby Cox

Lafayette, Ind. — Broken Yolk Café, an American restaurant chain specializing in breakfast, brunch and lunch, has signed a franchise agreement to develop two new restaurants in Lafayette, about 60 miles south of Indianapolis. Marc Clapper, who maintains two Freddy’s Frozen Custard & Steakburgers locations, will own and operate the restaurants. The first Broken Yolk Café location is expected to debut in the Midwest this fall. In addition to development agreements in Indiana, the San Diego-based brand has also opened multiple restaurants in Idaho, Nevada, Arizona and Texas, totaling 42 …

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GeorgiaInvestment salesNews

Marcus & Millichap Brokers $4.1 Million Sale of Two-Tenant Retail Property in Metro Atlanta

by Abby Cox

Covington, Ga. — Marcus & Millichap has brokered the $4.1 million sale of a newly constructed, two-tenant retail center located in Covington, about 36 miles east of Atlanta. Zach Taylor, Don McMinn and Eric Abbott of Marcus & Millichap represented the seller, WDG Real Estate Partners. Brian Munn, also of Marcus & Millichap, procured the buyer, a private Atlanta-based investor. Built in 2024, the 7,500-square-foot center is home to Peachtree Immediate Care and Mattress Warehouse. Both tenants occupy the property under corporate-guaranteed triple-net leases.

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Grocery-anchoredInvestment salesNewsSouth Carolina

Legacy Realty Group Arranges Sale of 86,650-Square-Foot Grocery-Anchored Shopping Center Near Columbia, South Carolina

by Abby Cox

Orangeburg, S.C. — Legacy Realty Group Advisors has arranged the sale of an 86,650-square-foot shopping center located in Orangeburg, approximately 40 miles northwest of Columbia. Piggly Wiggly anchors the center, which features a mix of additional tenants such as Advance Auto Parts and Dollar General. Jacob Baruch of Legacy Realty Group Advisors represented the buyer in the transaction. The seller was a local private family.

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ArizonaDevelopmentNews

Aardex Completes Renovation of Historic Adaptive Reuse Development in Phoenix 

by Abby Cox

Phoenix — Denver-based development firm Aardex has completed the renovation of One West Madison, a historic adaptive reuse project located in downtown Phoenix. The 27,000-square-foot building has been transformed into move-in ready retail space. Constructed more than a century ago, One West Madison was acquired by Aardex in 2022. The development includes approximately 13,500 square feet of ground floor retail space, along with an activated basement level. The basement level will introduce The Vault on Madison, a climate-controlled self-storage concept, which is anticipated to open May 1. Additional basement space remains …

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ArizonaDevelopmentNews

Smalls Sliders Signs 15-Unit Franchise Agreement in Phoenix

by Abby Cox

Phoenix — Atlanta-based cheeseburger concept Smalls Sliders has signed a franchise agreement to develop 15 new units — dubbed Cans — in Phoenix. Entrepreneurs Talha and Rehman Ahmed, alongside their three business partners, will own and operate the restaurants. The group now maintains a portfolio of 20 Cans, with the first of their locations expected to open in Tucson, Arizona, later this year. In addition to development agreements in Arizona, the group is also debuting Cans in Las Vegas; El Paso, Texas; and Midland/Odessa, Texas.  Founded in 2019, Smalls Sliders currently …

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DevelopmentGeorgiaMixed-useNews

Connolly Completes $70 Million Parkside on Dresden Mixed-Use Community in Metro Atlanta

by Abby Cox

Brookhaven, Ga. — Connolly, an Atlanta-based real estate developer and investor, has completed Parkside on Dresden, a $70 million mixed-use community located in Brookhaven, a northeast suburb of Atlanta. Situated on a 4-acre site, Parkside on Dresden includes 176 luxury apartments, seven townhomes, a six-level parking deck and 28,000 square feet of ground-level retail that is fully leased. Tenants include F45 Training Brookhaven, Balanced Aesthetics Medspa, Brookhaven Dance, Café Vendôme, CleanJuice Brookhaven, Confab Kitchen and Bar, El Valle, Greene’s Fine Foods, Honeysuckle Gelato, MIRAE, Stretch Lab and Sugarcoat Beauty. One 3,751-square-foot …

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Investment salesNevadaNews

Lucescu Realty Negotiates $38.6 Million Sale of Peccole Plaza Shopping Center in Las Vegas

by Abby Cox

Las Vegas — Lucescu Realty has arranged the sale of Peccole Plaza, a 161,978-square-foot shopping center located in Las Vegas. Peccole Enterprises sold the property to a privately held, Las Vegas-based development and investment company for $38.6 million. Peccole Plaza is fully leased to a variety of tenants including Kohl’s, Guitar Center, Golf Galaxy, Walgreens, Jack in the Box, Dotty’s, Green Valley Grocery and Desert Orthopaedic. Mark Lucescu and Tanner Englelage of Lucescu Realty represented the seller and procured the buyer in the transaction.

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