Dallas — Two new tenants have signed leases at Alpha Plaza, a 76,229-square-foot retail center located in Dallas. Sherlock’s Escape Rooms and The Aussie Grind Provisions will occupy 4,800 and 2,177 square feet, respectively. Melanie Hughes and Erik Blais of Bradford Commercial Real Estate Services, a partner of CORFAC International, arranged the leases on behalf of the landlord, an entity doing business as Kennington Alpha Plaza LLC.
Pontiac, Mich. — Farbman Group has arranged a 4,000-square-foot lease at Oakland Pointe Plaza in Pontiac, roughly 30 miles outside Detroit. Franchisees Leslie and Walter Czarnecki have opened a LaundroLab laundromat at the property, featuring high-tech washers and dryers, attendant service, a child playroom and vending machine. The franchisees plan to open laundromats in four additional locations. Carrie Weiss of NAI Farbman represented LaundroLab in the lease negotiations.
Mount Pleasant, S.C. — Ziff Real Estate Partners (ZRP) has acquired Wando Crossing, a retail center located in Mount Pleasant, for $46.8 million. Marshalls/HomeGoods, TJMaxx, Total Wine & More, Petco, Ashley HomeStore, Michaels and Five Below anchor the property, which totals 214,029 square feet. Site Centers Corp. was the seller.
McDonough, Ga. — Franklin Street has arranged the sale of Kelleytown Village, a 66,387-square-foot shopping center located at 3500 Highway 155 North in McDonough, roughly 30 miles southeast of Atlanta. Publix anchors the property, which was constructed in 2022. Other tenants at the center include Your Pie, Allure Nails, UPS and 100% Chiropractic. Bryan Belk and John Tennant of Franklin Street represented the seller, Georgia- and Alabama-based Venture South Investments, in the transaction. The buyer and sales price were not disclosed.
Jericho, N.Y. — Kimco Realty has signed leases totaling 50,133 square feet with 15 new tenants at 12 of its shopping centers located throughout the Bay Area in California. Round Table Pizza and The Best Sandwiches now occupy 1,425 and 1,376 square feet, respectively, at Stevens Creek Central in San Jose. Viewpoint Interiors has opened a 1,100-square-foot store at Lakewood Village in Windsor, and Wingstop has opened a 1,560-square restaurant at Fulton Marketplace in Santa Rosa. In San Leadro, Removery has occupied an 1,800-square-foot space next to Foot Locker at Fashion Faire …
Mansfield, Texas — Five restaurants have signed new leases at The Shops at Broad, a retail center located in Mansfield. Portillo’s, Outback Steakhouse, Carrabba’s Italian Grill, Boomer Jack’s Grill and Chuy’s are scheduled to open next year at the property. Sam Kartalis of Younger Partners and John R. Weber of Weber & Co. arranged the leases on behalf of the landlord, Trez Capital.
Montgomery, Ill. — Starbucks Coffee and Cooper’s Hawk Winery & Restaurant will join Ogden Hill Shopping Center in Montgomery, roughly 45 miles east of Chicago. Both businesses are currently underway on construction and scheduled to open next year. Inland National Development Co. (INDC) sold the sites, as well as developed the site to be occupied by Cooper’s Hawk on behalf of the business. Other retailers at the center include Freddy’s Frozen Custard & Steakburgers, Popeyes Louisiana Kitchen, Sam’s Club, Menard’s, JCPenney, Walgreens, Sonic, Buona Beef, Goodwill Industries, Binny’s Beverage Depot, Dunkin Donuts, …
Manhattan, Kan. — RockStep Capital has acquired Manhattan Town Center, a 367,000-square-foot shopping center located in Manhattan. Developed in 1987, the property features more than 50 shops and restaurants within a single, enclosed level layout. Tenants include Dillard’s, JCPenney and an AMC Dine-In IMAX Theater.
Houston — Marcus & Millichap has arranged the sale of Shoppes at Kingsgate, a 156,343-square-foot retail center located in Houston. Built in 1980 and renovated in 2013, the center was 95 percent occupied at the time of sale. Aldi anchors the property, which is situated within the Kingwood master-planned community. Other tenants include Cell Doc, Binh’s Tailor, Trademark Kitchen & Bath, The Mint National Bank, Schlotzky’s and On the Park Toy Store. Philip Levy and Chris Gainey of Marcus & Millichap represented the seller in the transaction.
San Antonio, Texas — Texas-based fast-casual chain Whataburger has announced plans to expand into South Carolina. Beginning in summer 2024, the brand will open restaurants in Greenville, Mauldin, Irmo, Spartanburg, Anderson, Boiling Springs, Lexington, Duncan and Easley. Current plans include a total of 10 restaurants.
