Author

Abby Cox

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CaliforniaDevelopmentGrocery-anchoredNews

Whole Foods Market-Anchored Retail Development Moving Ahead in Inland Empire

by Abby Cox

Redlands, Calif. — Redlands City Council has granted approval for the development of The Marketplace, a planned 71,900-square-foot grocery-anchored retail center located in the Inland Empire city of Redlands. Regency Centers will develop and KTGY will design the center. Anchored by a 36,000-square-foot Whole Foods Market, the project will feature four retail buildings with the capacity to be divided into 18 storefronts. In addition, a fifth pad building is planned to include a drive-thru with its own dedicated parking lot. Construction is expected to begin in late 2026, with completion …

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Investment salesNewsPennsylvania

Roadside Development Acquires Galleria at Mt. Lebanon in Pittsburgh

by Abby Cox

Pittsburgh — Washington, D.C.-based Roadside Development has acquired Galleria at Mt. Lebanon, a 168,000-square-foot shopping center located in the Mt. Lebanon neighborhood of Pittsburgh. The Galleria at Mt. Lebanon was originally constructed as a Kaufmann’s department store and later converted to an indoor mall in 1988. Current tenants at the two-story shopping center include Anthropologie, Pottery Barn, Williams-Sonoma, Orvis, Evereve, AMC Theatres and Club Pilates, along with restaurants such as The Yard Gastropub, Houlihan’s, Mitchell’s Fish Market, Panera Bread and Starbucks. Roadside’s plans for the property are currently in development. In …

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FloridaInvestment salesNews

Marcus & Millichap Brokers $3.8 Million Sale of Retail Strip Center in Southwest Florida

by Abby Cox

Bonita Springs, Fla. — Marcus & Millichap has brokered the $3.8 million sale of a 4,665-square-foot retail strip center located at 27250 Bay Landing Drive in Bonita Springs, a city in southwest Florida. Built in 2000 and renovated in 2014, the freestanding center was fully occupied on long-term, triple-net leases by Starbucks Coffee and Tide Cleaners. Chris Garavaglia, Andrew Muth and Alex Perez of Marcus & Millichap’s St. Louis office represented the seller, a private developer, and procured the buyer, a Florida-based investor, in the transaction. Ryan Nee served as Marcus …

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CaliforniaDevelopmentNewsRetailers

Xponential Fitness Signs 127-Unit Development Deal with Riser in Six States

by Abby Cox

Irvine, Calif. — Xponential Fitness has signed a multi-unit franchise deal with Riser Fitness to develop 127 new Club Pilates studios over the next five years. Riser Fitness has also obtained the rights to develop all remaining, non-contracted studio locations in six states, including California, Idaho, Minnesota, Nevada, Oregon and Washington. Riser Fitness, a family-owned operator, maintains more than 110 studios across eight states with a growing international footprint. Most recently, the company debuted its first Club Pilates studio in Mexico City and will begin a 40-unit development plan alongside planned …

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MassachusettsNewsRetailers

Party City Returns, Opens 700 Locations Inside Staples

by Abby Cox

Framingham, Mass. — Party City and Staples have partnered to bring the specialty party retailer inside more than 700 Staples locations nationwide and on the Staples website, with plans to expand to additional stores by the end of 2026. According to the companies, the partnership creates a single destination for celebrations by offering a selection of balloons, décor and party supplies, along with Staples same-day print and marketing services. “Staples has always been focused on making things easy for our customers, and our partnership with Party City takes that promise into …

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Grocery-anchoredInvestment salesNevadaNews

Brixton Capital Acquires Las Palmas Village Shopping Center in Las Vegas for $29.4 Million

by Abby Cox

Las Vegas — Brixton Capital has purchased Las Palmas Village, a 106,838-square-foot shopping center in Las Vegas, from Australia-based Cop Group for $29.4 million. Vons anchors Las Palmas Village, which was 95 percent occupied at the time of sale. Additional tenants include Starbucks Coffee, Wells Fargo, Pizza Hut, The UPS Store and Taco Bell. Brixton plans to implement a capital improvements program, with renovations such as landscaping, new paint, roof repairs, HVAC and parking lot resurfacing upgrades. Dan Tyner, Gleb Lvovich and Geoff Tranchina of JLL represented the seller, while …

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DevelopmentNewsTexas

NewQuest Underway on 100,000-Square-Foot Retail Expansion Project in Metro San Antonio

by Abby Cox

New Braunfels, Texas — Houston-based development and brokerage firm NewQuest is underway on construction of a 100,000-square-foot retail expansion project in New Braunfels, roughly 30 miles northeast of San Antonio. The expansion of New Braunfels Town Center at Creekside, which is part of the 400-acre Creekside Town Center master-planned development, involves construction of new single-tenant buildings for EöS Fitness, Chick-fil-A, Portillo’s and Chase Bank. The project will also feature a roughly 10,000-square-foot multi-tenant building that is fully preleased to Chipotle Mexican Grill, CAVA, Potbelly, Blo Dry Bar and Menchie’s Frozen …

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IllinoisLeasingNewsRetailers

American Eagle Signs 14,182-Square-Foot Lease for Michigan Avenue Flagship Store in Chicago

by Abby Cox

Chicago — American Eagle Outfitters has signed a lease for a new flagship store at 600 N. Michigan Ave. in Chicago. The 14,182-square-foot store is expected to open on July 1, 2027. American Eagle will occupy space opposite UNIQLO, which returned to Michigan Avenue with its store opening in March. The Chicago flagship will be American Eagle’s second flagship store in the U.S., following the opening of its New York City flagship late last year. The surrounding stretch of Michigan Avenue recently saw the opening of Aritzia and a new …

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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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