Tuesday, July 8, 2025
Read the Digital Magazines
Subscribe
Author

Abby Cox

The Promenade Bolingbrook
EntertainmentIllinoisLeasingNewsRestaurantsRetailers

Brookline, Rhino Investments to Renovate 778,000-Square-Foot Shopping Center in Metro Chicago 

by Abby Cox

Bolingbrook, Ill. — Brookline Real Estate has partnered with Rhino Investments Group to renovate The Promenade Bolingbrook, a 778,000-square-foot shopping center located in the Chicago suburb of Bolingbrook. Brookline has been hired to oversee leasing and lead a new vision for the open-air lifestyle center with a refreshed mix of retail, service, restaurants and experiential offerings. The center is anchored by Macy’s and Bass Pro Shops, and includes a number of specialty retailers including H&M, Ulta Beauty, DSW, Barnes & Noble, Lane Bryant, Pandora and Victoria’s Secret.

Continue Reading
0 FacebookTwitterLinkedinEmail
King_Soopers_Multi-Tenant
ColoradoDevelopmentGrocery-anchoredNews

Evergreen Devco Completes Construction of Multi-Tenant Retail Buildings at Silverstone Marketplace in Frederick, Colorado

by Abby Cox

Frederick, Colo. — Evergreen Devco has completed construction of site infrastructure and two multi-tenant retail buildings at Silverstone Marketplace, a 35-acre shopping center located in Frederick. A 123,000-square-foot King Soopers Marketplace, which features a French bakery, fuel station and drive-thru pharmacy, anchors the project. The small shop buildings, which comprise 20,000 square feet of retail space, are 93 percent leased to tenants including Wingstop, Club Pilates, Domino’s Pizza, Cold Stone Creamery, Great Clips, Blue Sky Nails & Lash, Five Guys, Pacific Dental and Chipotle. Chase Bank, Wendy’s and Valvoline will occupy pad …

Continue Reading
0 FacebookTwitterLinkedinEmail
Gallatin Crossing
DevelopmentLeasingMontanaNews

Grossman Development Signs Eight New Tenants to Join Gallatin Valley Mall Redevelopment Project in Bozeman, Montana

by Abby Cox

Bozeman, Mont. — Grossman Development Group has signed eight new tenants to join Gallatin Valley Mall, a 315,000-square-foot regional shopping center undergoing redevelopment in Bozeman. New retailers at the $100 million multi-phase project, which will be called Gallatin Crossing, include Arhaus, lululemon, Pandora, Sephora, Anthropologie, Free People, Lovesac and Madewell. The mixed-use project’s 45,000-square-foot Medical Pavilion, which houses Intermountain Health, Ortho Montana and Gallatin Valley Surgery Center, opened in August 2024, while High Street, an outdoor retail experience, is set to open in summer 2025. Other tenants at the property …

Continue Reading
0 FacebookTwitterLinkedinEmail
Westport Plaza and Square
CaliforniaInvestment salesNews

CBRE Arranges $25.7 Million Sale of Shopping Center in Costa Mesa, California

by Abby Cox

Costa Mesa, Calif. — CBRE has arranged the $25.7 million sale of Westport Plaza & Square, a 39,334-square-foot shopping center located in Costa Mesa. Built in 1975 and renovated in 2002 and 2018, the center is situated on 13.7 acres. Tenants at the property — which was 97 percent leased at the time of sale — include Plums Café & Catering, Fleur De Lys, Crumbl Cookies, Common Thread, House of Yogurt, Massimo’s Pizza and LaserAway. Westport Plaza & Square has roughly 54 years remaining on its long-term ground lease. Jimmy …

Continue Reading
0 FacebookTwitterLinkedinEmail
Kroger property
Investment salesMississippiNews

CrownPoint Partners Facilitates $3.6 Million Sale of Retail Property in Laurel, Mississippi

by Abby Cox

Laurel, Miss. — CrownPoint Partners has facilitated the $3.6 million sale of a retail property located at 2340 Highway 15 North in Laurel. Kroger occupies the 44,046-square-foot building, which includes a Kroger-operated fuel station. Situated across from Pine Tree Village Shopping Center, Kroger has operated at this location since 1982. Julius Swolsky and Shannon Bona of CrownPoint Partners represented the buyer, a subsidiary of Essential Growth Properties, in the transaction. Marcus & Millichap represented the seller, San Francisco-based Pacific Bay Investments, Inc. Trinity Capital Corp. secured financing for the acquisition …

Continue Reading
0 FacebookTwitterLinkedinEmail
Downtown Chesterfield
DevelopmentMissouriMixed-useNews

Staenberg Group Begins 4.5 Million-Square-Foot Redevelopment of Chesterfield Mall in Suburban St. Louis

by Abby Cox

Chesterfield, Mo. — The Staenberg Group is underway with the first phase of redevelopment for the former Chesterfield Mall located in the western St. Louis suburb of Chesterfield. The site of the former mall will be transformed into a 4.5 million-square-foot mixed-use project. Demolition of the mall, excluding the Dillard’s and Macy’s buildings, was completed in April 2025. Phase I of the redevelopment, which will be called Downtown Chesterfied, is expected to take up to 18 months. Upon completion of the development, Downtown Chesterfield will feature up to 2,363 residential …

Continue Reading
0 FacebookTwitterLinkedinEmail
La Alameda Shopping Center
CaliforniaFinanceNews

PSRS Arranges $40 Million Refinancing of 245,000-Square-Foot Shopping Center in Los Angeles

by Abby Cox

Los Angeles — PSRS has arranged a $40 million loan for the refinance of La Alameda Shopping Center, a 245,000-square-foot shopping center located in the Los Angeles neighborhood of Walnut Park. The 18.3-acre center comprises six building clusters and features Spanish architecture, pedestrian-friendly courtyards, plaza spaces, outdoor seating and a fountain. Tenants at the property include Ross Dress For Less, CVS Pharmacy, Marshalls, Don Chente Bar & Grill, Wingstop, Dollar Tree, Chuck E. Cheese, Panda Express, GameStop, Cold Stone Creamery, Petco and Bath & Body Works. Kostas Kavayiotidis, Mike Davis and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Laburnum Park
Investment salesNewsVirginia

Greysteel Facilitates $9 Million Sale of Laburnum Park Shopping Center in Richmond, Virginia

by Abby Cox

Richmond, Va. — Greysteel has facilitated the $9 million sale of Laburnum Park Shopping Center, a 61,060-square-foot shopping center located in Richmond. The property features two in-line retail buildings, a standalone retail pad and a bank pad. Gold’s Gym and DaVita Dialysis shadow anchor the center, which was 92 percent leased at the time of sale. Additional tenants include Dollar Tree, Union Bank & Trust, Cook Out, Subway, a barber shop and a dentist. Ben Wilson of Greysteel represented the seller and secured the buyer, Oklahoma-based The Criterion Fund, in …

Continue Reading
0 FacebookTwitterLinkedinEmail
Devine Street Center
Investment salesNewsSouth Carolina

Marcus & Millichap Brokers $7.1 Million Sale of Retail Property in Columbia, South Carolina

by Abby Cox

Columbia, S.C. — Marcus & Millichap has arranged the $7.1 million sale of two vacant retail buildings located at 3818 Devine St. in Columbia. The 38,816-square-foot property was home to a Piggly Wiggly for more than 40 years before the grocer closed in April. Harrison Creason and Andrew Margulies of Marcus & Millichap brokered the transaction between the seller, an out-of-state owner, and the buyer, locally based-Cason Development Group, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceNew YorkNews

Largo Capital Arranges $17.3 Million Bridge Financing for Upstate New York Shopping Center

by Abby Cox

Irondequoit, N.Y. — Largo Capital has arranged a $17.3 million bridge loan for Culver Ridge Plaza, a 291,000-square-foot shopping center located in Irondequoit, a suburb of Rochester. The center is home to tenants including Marshalls, Burlington and Five Below. Kevin Ross and Michelle Colosimo of Largo Capital arranged the loan through Bank of America. The borrower, an undisclosed global investment firm, will use the proceeds to refinance existing debt and fund capital improvements.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts