Author

Abby Cox

Highland Mains

With placemaking, flexibility and the ever-changing needs of retailers and consumers in mind, retail architects are more creative than ever when it comes to built environments. Retail spaces have changed dramatically over the past decade. Enclosed environments, once leading the trend in the industry, have been traded for open-air environments. Many properties that were once solely occupied by retail tenants now have multiple uses, including entertainment, office, multifamily and hotel. In a time when it’s tough to develop, smaller, convenience-oriented projects are dominant, with the redevelopment of regional properties a …

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Crocker Commons

All types of purchasers, from private capital to institutional groups, want to take advantage of the property sector’s strong fundamentals. In JLL’s second-quarter “Retail Market Dynamics” report, “resilience” was the word used to describe the national retail investment landscape in the first half of 2025.  Transaction volume reached $28.5 billion, a 23 percent increase over the same period a year ago. The figure also outpaces the long-term historical average of $27.7 billion for the first two quarters of the year, according to the brokerage firm. The scope of data includes …

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Owners of struggling shopping malls should prepare to demonstrate how changed consumer preferences and practices reduce taxable property value. A great deal has changed in the real estate world since the COVID-19 pandemic. Of the many types of real estate holdings affected, shopping malls anchored by one or more large department stores have suffered more than most. The buying public is simply less inclined to frequent such properties than in the past, draining much of the functionality, revenue potential and market value from those assets. As a result, the taxable …

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City Park

Miami — A partnership between The Easton Group, Lennar and MPKA LLC has proposed City Park at West Kendall, a $2 billion, 990-acre master-planned community in Miami. The development team has filed its application with Miami-Dade County. Plans call for 7,800 new homes in a variety of price points, including townhomes, multifamily units, single-family homes and workforce housing, as well as 1.4 million square feet of retail space and 500,000 square feet of office space. At the heart of the proposed project is Village Core, a walkable town center with …

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Landlords need to take an active role as troubled retailers face bankruptcy. The old playbook of waiting to address leases in bankruptcy is over. In today’s environment, where chainwide liquidation is becoming an increasingly common outcome, landlords cannot afford to be passive. It is crucial to proactively engage with tenants, understand their financial health, and be prepared to negotiate and adapt lease terms to help them avoid bankruptcy court.  Consider what has happened in American retailing since the pandemic. While some sectors thrived during the initial COVID-19 lockdowns and the …

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1105 West Peachtree

Atlanta’s next retail boom is being driven by Millennial demand. Developers and investors are witnessing a trend that Atlanta retail activity is quickly expanding to its outer suburbs, fueling a new chapter of growth for the market.  “There’s a lot of momentum and growth happening, not just in the city of Atlanta, but when you really start looking at the MSA as a whole,” says Michael Berk, vice president of SRS Real Estate Partners. “The thing about Georgia and Atlanta is there’s no natural boundary that will inhibit growth.” Berk …

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Holmby Hall

Los Angeles — Kidder Mathews has arranged the $32.7 million sale of Holmby Hall, a landmark retail property in the Westwood Village neighborhood of Los Angeles. Holmby Hall offers 50,790 square feet of retail space. The building, which is designated as a Historic-Cultural Monument by the Los Angeles City Council, was built in 1929 in the Spanish Colonial Revival style and features a 110-foot clock tower. Tanel Harunzade and Darrell Levonian of Kidder Mathews, along with former Kidder Mathews agent David Saghian, brokered the transaction. Additional details of the transaction …

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Mission Gateway

Mission, Texas — Irvine, California-based Faris Lee Investments has brokered the sale of Mission Gateway, a 92,117-square-foot retail center located in Mission. Burlington and Murdoch’s Ranch & Home Supply anchor the property on long term leases. Olive Garden and Jack in the Box, which are also located at the center, were not included in the sale. Don MacLellan, Jeff Conover and Scott DeYoung represented the seller, a Texas-based developer, in the transaction. The buyer was an all-cash REIT.

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Woodford Square

Chesapeake, Va. — Atlantic Capital Partners has arranged the $12.1 million sale of Woodford Square, an 85,323-square-foot shopping center located in the Hampton Roads city of Chesapeake. Harbor Freights anchors the center, which was fully leased at the time of sale to tenants including Dollar General, Hair Cuttery, Roses Discount Store, Dragon China Restaurant and Med Emporium. Fred Victor of Atlantic Capital represented the seller, New York-based Moxie Equities, in the transaction. The buyer was United Properties.

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Dill Dinkers

Fresno, Calif. — Columbia, Maryland-based pickleball concept Dill Dinkers has signed a franchise agreement to open 10 new venues in the Central Valley region of California. Entrepreneurs Bill Revilla and Georgia Revilla will own and operate the locations, which will offer several indoor pickleball courts separated by fences, as well as event space, a ball machine and a reservation system for guests. Founded in 2022, Dill Dinkers currently has nine operating locations in the United States and more than 380 locations under development across Texas, Washington, D.C., North Carolina, Connecticut, South …

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