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Hayden Spiess

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LeasingNew YorkNews

Fitness International Signs 36,500-Square-Foot Lease in Manhattan

by Hayden Spiess

New York City — Fitness International has signed a 36,500-square-foot lease in New York City. Occupying the entirety of the retail space at 59 Maiden Lane in Manhattan, Fitness International will open a Club Studio facility at the property. Club Studio offers boutique fitness classes and amenities. David Abrams, Eliot Goldschmidt, Jeff Jacobson and Brandon Miller of masonre represented the landlord, AmTrust RE, in the lease negotiations. Chase Welles of The Shopping Center Group and John Kalamaras of RealSource Group represented the tenant. 

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FloridaInvestment salesNews

Benderson Acquires 85,000-Square-Foot Retail Center in Delray Beach, Florida

by Hayden Spiess

Delray Beach, Fla. —Benderson Development has acquired Linton Commons, an 85,000-square-foot retail center located in Delray Beach. Tenants at the property include RH Outlet, Guitar Center, PetSmart, Chipotle Mexican Grill and AT&T. Benderson’s portfolio in the state also includes a freestanding Publix Super Market in Pompano Beach, which was acquired in August, and a Publix-anchored shopping center in Englewood. Matt Berres, Samer Khalil and Karick Brown of Newmark represented the seller and procured the buyer in cooperation with Bert Sanders of Newmark.

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Investment salesNevadaNews

CTO Sells Eastern Commons Shopping Center in Metro Las Vegas for $18.2 Million

by Hayden Spiess

Henderson, Nev. — CTO Realty Growth has sold Eastern Commons, a 129,600-square-foot shopping center located in Henderson, roughly 15 miles outside Las Vegas. An undisclosed buyer acquired the property for $18.2 million. The seller plans to utilize proceeds from the sale in a 1031-exchange transaction. 

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Grocery-anchoredInvestment salesKentuckyNews

Legacy Brokers Sale of 31,800-Square-Foot Retail Center in Scottsville, Kentucky

by Hayden Spiess

Scottsville, Ky. — Legacy Realty Group Advisors has brokered the sale of Scottsville Shopping Center, a 31,800-square-foot retail center located in Scottsville. Food Lion anchors the property. Jacob Baruch and Jonah Warshaw of Legacy represented both the buyer and seller in the transaction. 

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DevelopmentGrocery-anchoredLeasingMixed-useNewsWisconsin

Whole Foods to Open 50,000-Square-Foot Store in Madison, Wisconsin

by Hayden Spiess

Madison, Wis. — Whole Foods Market will open a new, 50,000-square-foot store in Madison on Dec. 13. This marks a relocation of the brand’s existing Madison store, which has been open since 1996. The store will anchor the 21-acre Madison Yards mixed-use development, which will also feature additional retail, restaurant and entertainment space surrounding a central green plaza. Products at the store will include more than 800 local items from the Midwest. 

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Topgolf Mobile
AlabamaEntertainmentLeasingNews

Topgolf Opens Third Venue in Alabama

by Hayden Spiess

Mobile, Ala. — Topgolf has opened a new venue in Mobile, Alabama, marking the third in the state for the brand. Situated within McGowan Park Shopping Center, the venue features 60 outdoor, climate-controlled hitting bays across two levels, as well as a full-service restaurant, 22-foot video wall and more than 100 TVs. According to the company, Topgolf Mobile will employ roughly 200 associates and is the 95th outdoor Topgolf venue in the country. 

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Slim-Chickens
FeaturesFrom The Magazine

Chicken and Coffee Wars

by Hayden Spiess

Food-and-beverage operators compete for coveted real estate in the Southeast.  Chicken and coffee are a somewhat unlikely, if alliterative, pair. In the Southeast though, they are currently linked by virtue of the so-called “Chicken and Coffee Wars.”  Previously, a similarly martial and poultry-centric moniker — The Chicken Sandwich Wars — described the fierce competition and marketing trends among fast food brands as they battled to create the best chicken sandwich — or at least the one with the best performance among consumers.  Now, amongst brokers in the Southeast region, Chicken …

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Sports-Entertainment_Orlando
DevelopmentFloridaMixed-useNews

Joint Venture Develops Plans, Renderings for $500 Million Mixed-Use Development in Downtown Orlando

by Hayden Spiess

Orlando, Fla. — A joint venture between SED Development LLC, JMA Ventures LLC and Machete Group Inc. has developed plans and renderings for a new mixed-use development in downtown Orlando. The project, dubbed the Orlando Sports + Entertainment District, will comprise 900,000 square feet situated on 8.5 acres adjacent to Amway Center, the home arena for the NBA’s Orlando Magic. The Orlando Sentinel reports the project will cost roughly $500 million to develop. In addition to hotel, residential and office space, the development will feature 100,000 square feet of shops and restaurants and …

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