Author

Abby Cox

Copley-Place-SW-Corridor
DevelopmentMassachusettsMixed-useNews

Neiman Marcus Closes at Copley Place in Boston, Simon Plans Redevelopment

by Abby Cox

Boston — Simon Property Group is planning to redevelop the former multilevel Neiman Marcus store at Copley Place, a 1.2 million-square-foot mixed-use development in the Back Bay neighborhood of Boston. While an exact closing date for the retailer hasn’t been announced, Simon will begin exterior remodeling this year and will have phased openings in the space through 2028. Simon expects to add multiple dining concepts and luxury stores on site, including Miami-based Casa Tua Cucina and Greek seafood restaurant Estiatorio Milos, as well as a first-to-market Dolce & Gabbana store and …

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Investment salesNewsTexas

Disney Investment Group Arranges Sale of 379,035-Square-Foot Power Center in Corpus Christi, Texas

by Abby Cox

Corpus Christi, Texas — Disney Investment Group (DIG) has arranged the sale of Moore Plaza, a 379,035-square-foot power center in Corpus Christi. The center features a roster of 40 tenants including Hobby Lobby, Mardel, Marshalls, Burlington, Old Navy, Office Depot, Total Wine & More, Half Price Books and Pet Supplies Plus. David Disney and Adam Crockett of DIG represented the undisclosed seller in the transaction and procured the buyer, Chicago-based investment firm Bridge33. The deal follows DIG’s closing of the sale of Huntington Square, a 90,768-square-foot shopping center in Corpus Christi, …

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mountain-mikes-pizza
Company newsDevelopmentNewsRestaurants

Mountain Mike’s Pizza Opens 24 New Restaurants in 2025, Targets 25 More in 2026

by Abby Cox

Irvine, Calif. — Irvine, California-based Mountain Mike’s closed out 2025 with record unit growth, marking the most new restaurant openings in the brand’s history. Along with the debut of its 300th location in Las Vegas, Mountain Mike’s opened 24 new restaurants across six new markets and signed franchise agreements to add 19 new restaurants to the development pipeline. By year’s end, Mountain Mike’s was operating in more than 30 markets coast-to-coast, with roughly 100 locations under development in 16 states. Looking ahead, the brand is targeting 25 new restaurant openings in …

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CaliforniaEntertainmentInvestment salesNews

TMG, Bridges Capital Acquire 320,000-Square-Foot Metreon Shopping Center in Downtown San Francisco

by Abby Cox

San Francisco — TMG Partners and equity partner Bridges Capital LLC have acquired Metreon, a 320,000-square-foot, vertically oriented shopping center in downtown San Francisco. Built in 1999, the retail and entertainment destination is anchored by Target and a 16-screen AMC Theatres that features the tallest IMAX screen in North America. Locally based TMG and Bridges Capital purchased the four-story property from Acore Capital in a deed-in-lieu transaction. The sales price was not disclosed. The City and County of San Francisco will continue to retain ownership of Metreon’s ground lease through …

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Grocery-anchoredInvestment salesNewsOhio

Legacy Realty Group Arranges $6.4 Million Sale of Grocery-Anchored Center in Metro Cleveland, Ohio

by Abby Cox

Olmsted Township, Ohio — Legacy Realty Group Advisors has arranged the $6.4 million sale of Kingston Corners, a 57,275-square-foot shopping center in Olmsted Township, approximately 20 miles southwest of Cleveland. Jacob Baruch, Daniel Baruch and Ari Warshaw of Legacy Realty Group Advisors represented both the buyer and seller in the off-market transaction. Shaker’s Marketplace anchors the property, which was fully occupied at the time of sale, according to Loop Net. Built in 1985, Kingston Corners sits on nearly 5 acres.

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GeorgiaInvestment salesNews

Marcus & Millichap Brokers $5.3 Million Sale of Shopping Center in Cedartown, Georgia

by Abby Cox

Cedartown, Ga. — Marcus & Millichap has brokered the $5.3 million sale of a 30,600-square-foot shopping center located at 1583 Rome Highway in Cedartown, roughly 70 miles northwest of Atlanta. Eric Abbott and Zach Taylor of Marcus & Millichap represented the seller, a private local investor, in the transaction. Situated on nearly 5.5 acres, the shopping center was fully leased to 11 tenants at the time of sale including Dollar Tree, AT&T, Cato Fashions, Shoe Show, Little Caesars and Amedisys. The property has recently undergone renovations such as the addition of a new parking …

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DevelopmentNewsRestaurants

Eggs Up Grill Signs Five-Unit Franchise Agreement in Texas

by Abby Cox

Houston — Fast-casual American-style restaurant Eggs Up Grill has signed a franchise agreement to open five new restaurants across Texas. Texas franchise partners Louis and Lisa Jones will own and operate the restaurants. In addition to the Houston area, Eggs Up Grill continues to pursue expansion opportunities across Texas, including Dallas-Fort Worth, Central Texas, San Antonio and other markets throughout the state. Founded in 1997, Eggs Up Grill operates more than 100 locations nationwide with more than 90 additional units in development or committed to open.

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Company newsNewsRetailers

Francesca’s Files for Chapter 11 Bankruptcy, Will Close All Stores Nationwide

by Abby Cox

Houston — Houston-based women’s clothing and accessories retailer Francesca’s, has voluntarily filed for Chapter 11 bankruptcy protection in the District of New Jersey. This filing marks the second time in six years that the retailer has sought bankruptcy protection, with plans to liquidate its inventory and close all of its approximately 400 remaining stores.  Tiger Group, SB360 Capital Partners and GA Group, who are acting as advisors to Francesca’s, have commenced court-approved store closing sales across the company’s entire store fleet as part of the Chapter 11 process. Discounts will range from 25 …

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Applebees-North-Attleborough
FeaturesFrom The Magazine

Positive Outlook

by Abby Cox

After a few years of malaise, the forecast for single-tenant net lease retail properties is on the upswing for 2026.  Activity in the single-tenant net lease (STNL) retail sector is ramping up after several years of a sluggish market. While lower interest rates may be paving the way for good times ahead, the market is seeing increased activity in the meantime from buyers and sellers seeing eye-to-eye for the first time in a while. That resulted in many investment sales firms posting a strong performance in 2025, with 2026 looking …

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Carmel Mountain Plaza
FeaturesFrom The Magazine

Transformative Centers

by Abby Cox

mcg’s Page Winkler looks at retail design through an experienced lens. Here, he gives insight into shopping center design and function for the next era. Interview by Randall Shearin  In today’s evolving retail landscape, adaptability and experience are redefining the way shopping centers are designed and operated. Shopping Center Business recently spoke with Page Winkler, president of mcg architecture, to explore how design strategies are responding to shifting consumer behaviors, the rise of mixed-use projects, and the growing demand for flexible, multifunctional retail spaces.  SCB: What types of projects are …

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