Author

Abby Cox

Empire-Crossing

Bloomington, Ill. — JLL Capital Markets has negotiated the $28.4 million sale of Empire Crossing, a 229,971-square-foot retail power center in Bloomington. Anchor tenants include Dick’s Sporting Goods, HomeGoods, Ashley Furniture HomeStore and DSW. The seller, BET Investments, completed a redevelopment that converted the long-vacant Kmart anchor store into multi-tenant space. Currently 85 percent occupied, the property offers value-add potential through 33,000 square feet of vacancy across eight suites. Michael Nieder and Brian Page of JLL represented the seller. Chase Properties was the buyer.

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McDonalds_Indianapolis

Indianapolis — Hanley Investment Group Real Estate Advisors has arranged the $1.9 million sale of a new, single-tenant ground lease at Southern Dunes Commons at Wellingshire, a nearly 19-acre mixed-use center under construction in Indianapolis. McDonald’s occupies the 3,780-square-foot building on a corporate-guaranteed, 20-year absolute triple-net ground lease. Dylan Mallory of Hanley, in association with ParaSell, Inc., represented the sellers, Wellingshire Partners LLC and Midland Atlantic Properties. Mehdi Star of Net Lease Exchange represented the buyer in the transaction. Southern Dunes Commons is approved for up to six restaurant and retail …

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Coral Springs, Fla. — Mill Creek Residential has signed leases with eight new retail and restaurant tenants at Modera Coral Springs, a mixed-use community located in Coral Springs, a city in South Florida’s Broward County. Big Whiskey, Farmhouse Kitchen, Let’s Chill Homemade Ice Cream, Copenhagen Corner Wine Bar, Mitch’s Downtown Bagel Café, Paris Baguette, Coral Springs Museum of Art and TREMBLE Pilates Studio will join the development this year. Roughly 85 percent of the retail space is now leased. Modera Coral Springs features 32,589 square feet of ground-floor retail space and …

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Lakeview-Pointe

Stillwater, Okla. — Hanley Investment Group Real Estate Advisors has arranged the $22.5 million sale of Lakeview Pointe Shopping Center, a 207,406-square-foot power center located in Stillwater, approximately two miles north of Oklahoma State University. Best Buy, Ross Dress for Less, Belk, Five Below and Petco anchor the center, which was 95 percent leased at the time of sale. Additional tenants include IBC Bank, Olive Garden, Texas Roadhouse, Lowe’s Home Improvement, Panda Express and Rack Room Shoes. Roughly 78 percent of Lakeview Pointe’s tenants have operated at the site for more …

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The 25,008-square-foot retail center in Rancho Cucamonga, California, is fully occupied by 14 tenants.

Rancho Cucamonga, Calif. — PSRS has negotiated a $9.4 million loan for the refinancing of a 25,008-square-foot neighborhood center in Rancho Cucamonga. Constructed in 2004, the retail property is fully occupied by 14 tenants. Jonny Soleimani, George Gianoukakis and Garrett Carter of PSRS secured the non-recourse loan, which features a five-year term and a 27-year amortization schedule, through one of its correspondent life insurance companies.

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Chicken Salad Chick

Nevada — Chicken Salad Chick has signed a franchise agreement to open six new restaurants in Southern Nevada, marking the brand’s first entry into the state. Husband and wife Mark and Cayla Rubalcaba will own and operate the restaurants, while Anton Nikodemus will serve as a strategic partner in the development efforts. In addition to Nevada, Chicken Salad Chick has recently opened its development pipeline to other states such as New Jersey, New York, Utah and Arizona.     In 2025, Chicken Salad Chick signed nearly 100 restaurant deals, with 42 openings …

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Texas and Birmingham, Ala. — Huey Magoo’s has signed a development agreement to open 12 new restaurants in Texas and Alabama. The deal includes four locations in Birmingham and eight across North Dallas. The Jha Rajput Patel group will own and operate the restaurants. Founded in 2004, Huey Magoo’s has more than 85 locations across 12 states and is on track to reach 100 locations in 2026.

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Pacific-Place

A new owner is leading to a new era of experience-led retail in Seattle. Located at 6th Avenue and Pine Street in downtown Seattle, Pacific Place has been a cornerstone of the city’s retail landscape for more than a quarter century.  Originally developed by Pine Street Group LLC and designed by architectural firm NBBJ, the center’s 335,000 square feet of retail space was designed to wrap around a crescent-shaped atrium topped with a skylight. Opened in October 1998, the five-story shopping and entertainment center redefined urban retail in the Pacific …

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the-sky-deck

The younger generation is entering the workforce and influencing retailers. Here is how they are changing retail. In the digital age, nearly everything is accessible online — entertainment, shopping, friendship, you name it. With a few taps on a screen, we can order three pairs of jeans, have a pizza delivered, and carry on a meaningful conversation without ever leaving the couch. Considering that Generation Z — those born roughly between 1996 and 2013 — has grown up immersed in this digital reality, it would be easy to assume they …

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West-End-Landmark

One of the nation’s consistently healthy retail markets is seeing a selective approach to growth. Retail real estate across the Mid-Atlantic is having a moment — but it’s a disciplined one. As fundamentals remain healthy in Virginia, Maryland and Washington, D.C., the region is seeing a notably more selective approach to retail growth. Years of limited new development, zoning constraints and rising construction costs have tightened supply, pushing owners, investors and municipalities to be far more intentional about what gets built — and where. Sources interviewed for this article point to …

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