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Alex Tostado

DevelopmentNewsOhioRestaurants

LemonShark Poké & Makai Grill to Open at Easton Town Center This Fall

by Alex Tostado

Columbus, Ohio — LemonShark Poké & Makai Grill is opening its first Ohio restaurant at Easton Town Center in Columbus. The Hawaiian-themed establishment, which offers sushi, hibachi-style grilled meats and seafood, is scheduled to open in late fall. A staple of Hawaiian cuisine, Poké incorporates variations of marinated seafood typically over sticky rice with vegetables and sauces. Guests at the restaurant will also enjoy a bar and island-themed drinks. Developed by The Georgetown Co., L Brands and Steiner + Associates, Easton Town Center is a component of the larger Easton, …

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DevelopmentNew YorkNewsRestaurants

RD Management to Open 1,923-Square-Foot Food Hall at Harriman Commons in Woodbury, New York

by Alex Tostado

Woodbury, N.Y. — Development and management firm RD Management will open a 1,923-square-foot food hall at Harriman Commons, its 706,230-square-foot retail power center in Woodbury, about 55 miles north of New York City. The food hall will also offer a 3,300-square-foot outdoor dining terrace. Anchor tenants at the center include Walmart, Home Depot and Target. An opening date was not released.

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GeorgiaLeasingNews

TSCG Negotiates 33,191-Square-Foot Lease for Planet Fitness in Savannah

by Alex Tostado

Savannah, Ga. — TSCG has negotiated a 33,191-square-foot lease for Planet Fitness at the former site of a Bi-Lo grocery store in Savannah. The property is situated within Crossroads Shopping Center at 2132 E. Victory Drive, four miles southeast of downtown Savannah. Current tenants include Starbucks, T-Mobile and The UPS Store. Michael Silverman of TSCG represented Sunshine Fitness, one of the largest Planet Fitness franchisees in the country, in the lease transaction. Kelly Pulignano of TSCG represented the landlord,  Crossroads Shopping Center LLC.

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Investment salesNewsRetailersSouth Carolina

Marcus & Millichap Negotiates $3.5 Million Sale of Strip Retail Center in Camden, South Carolina

by Alex Tostado

Camden, S.C. — Marcus & Millichap has negotiated the $3.5 million sale of Aspen Dental Strip Center, an 8,400-square-foot retail property in Camden. The strip retail center was leased to Aspen Dental, Jersey Mike’s, T-Mobile and a nail salon at the time of sale. Zach Taylor and Don McMinn of Marcus & Millichap’s Taylor McMinn Retail Group represented the seller, BM Camden Associates LLC, in the transaction. W Properties LLC acquired the property. The sale represents the final piece of the River Oaks Shopping Center dispositions, which also included the …

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FeaturesFloridaFrom The MagazineRetailers

Shopping Center Owners, Retailers in Florida Seize Opportunities in Effort to Outlast COVID-19 Pandemic

by Alex Tostado

It’s been an atypical summer for retailers and shopping center owners in the Sunshine State. There are no Hollywood blockbusters debuting in Florida’s movie theaters, bars remain closed for the time being and shops and restaurants aren’t packed with domestic and international tourists visiting Disney World, Port of Miami’s cruise terminals or any of the states numerous beaches at the level they would in a normal season. The outbreak of COVID-19 has redefined the consumer experience for retail the past several months, but even though it looks and feels different, …

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CaliforniaCompany newsDevelopmentGrocery-anchoredNews

Lewis Retail Centers Opens 105,000-Square-Foot MarketPlace at Calimesa, Implements Upgrade Plans at Existing Centers

by Alex Tostado

Calimesa, Calif. — Upland, California-based Lewis Retail Centers, part of the Lewis Group of Cos., has opened The MarketPlace at Calimesa, a shopping center located Calimesa. Stater Bros. Market anchors the 105,000-square-foot retail center. Additional tenants include Starbucks Coffee, Del Taco, Cold Stone Creamery, Jack in the Box, Modern Nails, Skin Solutions Aesthetics and Supercuts. Lewis Retail Centers has started construction on a Safeway location at Damonte Ranch Town Center in Reno, Nevada. The new 62,000-square-foot Safeway will be the third anchor of the shopping center. Other tenants include The …

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DevelopmentEntertainmentNevadaNews

Experiential Art, Entertainment Complex AREA15 Opens in Las Vegas

by Alex Tostado

Las Vegas — AREA15, an experiential art and entertainment complex in Las Vegas, is now open to the public. While the complex is free to enter, pre-registration and masks are currently required to manage capacities and ensure a safe environment. AREA15 offers art installations, socially distanced activities, unique retail, bars and eateries. The property houses 40,000 square feet of indoor and outdoor event space with more than 800 free parking spaces. Currently, open retailers and experiences include Art Island, Birdly Virtual Reality Experience, Emack & Bolios, Gallerie 360 inside The …

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Company newsEntertainmentNewsTexas

Dave & Buster’s Reports 85 Percent Drop in Quarterly Revenue, Flirts With Bankruptcy

by Alex Tostado

Dallas — Dave & Buster’s (NASDAQ: PLAY) reported an 85 percent drop in total revenue for the second quarter relative to that period a year, prompting several media organizations, including The Wall Street Journal, to report that bankruptcy filings may be imminent. Comparable store sales decreased by 87 percent during the second quarter, which saw the Dallas-based entertainment chain gradually reopen its venues. About 90 of Dave & Buster’s 137 locations are currently open for business across 27 states. Multiple news outlets, including The New York Post, have also reported that Dave & …

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ArizonaDevelopmentGrocery-anchoredNewsRetailers

Sprouts Farmers Market to Anchor 75,000-Square-Foot Sonoran Creek Marketplace Near Phoenix

by Alex Tostado

Maricopa, Ariz. — Thompson Thrift Retail Group, a wholly owned company of Indianapolis-based Thompson Thrift, has inked a deal for Sprouts Farmers Market to anchor Sonoran Creek Marketplace, the company’s $30 million retail center under development in Maricopa. The Phoenix-based specialty grocery chain is expected to open its 23,293-square-foot location in September 2021. Situated on 14 acres at the intersection of John Wayne Parkway and Edison Road, Sonoran Creek Marketplace will feature 75,000 square feet of retail and restaurant space. Additional recently signed tenants include The Joint Chiropractic, State Farm …

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IllinoisInvestment salesNewsRetailers

Marcus & Millichap Brokers $5.1 Million Sale of 7-Eleven Property in Metro Chicago

by Alex Tostado

Alsip, Ill. — Marcus & Millichap has brokered the $5.1 million sale of a 4,000-square-foot property occupied by 7-Eleven in Alsip, a southern suburb of Chicago. The build-to-suit property is located on 127th Street. The tenant has a 15-year lease. Austin Weisenbeck and Sean Sharko of Marcus & Millichap represented the seller, a local developer. The duo also secured and represented the buyer, an out-of-state investor completing a 1031 exchange.

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