Monday, June 23, 2025
Read the Digital Magazines
Subscribe
Author

Hayden Spiess

540-Madison_New-York-City
LeasingNew YorkNews

Two Tenants Sign Leases Totaling 3,007 Square Feet at 540 Madison in New York City 

by Hayden Spiess

New York City — Two retail tenants have signed leases at 540 Madison, a 292,000-square-foot office tower located in New York City. Bang & Olufsen and H.Stern will occupy 1,557 and 1,450 square feet, respectively. Grand Seiko is also a tenant within the 9,266-square-foot retail portion of the property, which formerly housed a bank branch. The new leases bring the retail space to full occupancy. Ariel Schuster and Mitch Heifetz of Newmark represented the landlord, DivcoWest, in the lease negotiations. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Always-Ice-Cream_Baltimore
LeasingMarylandNews

Always Ice Cream to Open 1,135-Square-Foot Shop in Baltimore

by Hayden Spiess

Baltimore — Always Ice Cream Co. will open a 1,135-square-foot shop within The Village of Cross Keys, a retail center located in Baltimore. Scheduled to open next spring, the shop will be located between Atlas Restaurant Group’s Asian restaurant and The Cordish Co.’s Cece’s Roland Park. Caves Valley Partners is the landlord at the property. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Moe's
FeaturesFrom The Magazine

Welcome to (the new) Moe’s

by Hayden Spiess

With more than 600 locations nationwide (and counting), Atlanta-based Moe’s Southwest Grill remains focused on growth — and on flexibility. According to its chief brand officer, Tory Bartlett, Moe’s will continue expanding in new markets and in new formats to meet guests where they are. Thanks to the introduction of new prototypes, Moe’s is able to provide franchisees with flexibility to develop with competitive real estate and in more urban environments, as well as prioritize the shift in consumer demand from in-restaurant dining to off-premise businesses. In December 2022, after …

Continue Reading
0 FacebookTwitterLinkedinEmail
Lifetime-Fitness
CaliforniaCompany newsNewsTexas

Realty Income Corp. to Acquire Spirit Realty Capital in $9.3B REIT Merger

by Hayden Spiess

San Diego and Dallas — Realty Income Corp. (NYSE: O) and Spirit Realty Capital Inc. (NYSE: SRC) have entered into an all-stock merger agreement valued at $9.3 billion. The combined company, which will operate under the Realty Income banner, is expected to become the fourth largest REIT on the S&P 500 index with a total enterprise value of $63 billion. Both companies primarily invest in freestanding, net-leased commercial properties. Realty Income boasts a portfolio of 13,100 properties located across the U.S. and Europe, and Spirit Realty owns a portfolio of …

Continue Reading
0 FacebookTwitterLinkedinEmail
Highbury at Lake Park
Investment salesNewsUtah

X Development, Midloch Buy 119,366-Square-Foot Shopping Center in Metro Salt Lake City

by Hayden Spiess

West Valley City, Utah — X Development and Midloch Investment Partners have acquired Highbury at Lake Park, a 119,366-square-foot retail center in West Valley City, a suburb of Salt Lake City. An undisclosed seller sold the property for $30 million. Tenants at the center include Target, Bank of America, Xfinity, Freddy’s Frozen Custard & Steakburgers, Marshalls and Café Rio. Kip Paul of Cushman & Wakefield brokered the transaction, and America First Credit Union provided acquisition financing. Midloch is a preferred equity investor in the property, which is the firm’s first investment …

Continue Reading
0 FacebookTwitterLinkedinEmail
Walgreens_Rock-Hill-S.C
Investment salesNet leaseNewsSouth Carolina

Marcus & Millichap Brokers $6.3 Million Sale of Single-Tenant Property in Rock Hill, South Carolina

by Hayden Spiess

Rock Hill, S.C. — Marcus & Millichap has brokered the $6.3 million sale of a single-tenant property located in Rock Hill. Walgreens occupies the 14,550-square-foot building on a triple-net-lease basis. Andrew Margulies, Harrison Creason and John Berger of Marcus & Millichap secured the buyer, and Dean Giannakopoulos of Marcus & Millichap Capital Corp. arranged acquisition financing. Zosime was the seller. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Post-Oak-Plaza_Houston
DevelopmentLeasingNewsTexas

LEVCOR Completes Renovations, Adds Three Tenants to Post Oak Plaza in Houston

by Hayden Spiess

Houston — LEVCOR has completed the redesign of Post Oak Plaza, a retail center located in Houston. Renovations at the property included updates to building and store facades, new lighting elements, upgraded landscaping and widened pathways. Additionally, three new tenants have signed leases at the center. Local Foods, Arhaus and Saatva will occupy 3,016; 22,201; and 4,000 square feet at the property, respectively. Taco Deli, Rakkan Ramen and Bosch/Thermador/Gaggenau are also scheduled to open at the center by the first half of 2024. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Shoppes-at-Monterra-Commons_Cooper-City-Fla
DevelopmentFloridaLeasingMixed-useNewsRestaurants

Three Tenants Open at The Shoppes at Monterra Commons in Florida

by Hayden Spiess

Cooper City, Fla. — Three tenants have opened at The Shoppes at Monterra Commons, a 153,618-square-foot mixed use property in Cooper City. Culver’s, First Watch and The Learning Experience now occupy 4,300; 3,700; and 10,000 square feet at the development, which was completed in August. Cali Coffee, Playa Bowls, Gyromania, Oaxaka, Tide Cleaners, Blueprint Cookies, Jonari Dental, Kami Nail House, Huey Magoos and AA Mint have also signed leases totaling 16,330 square feet at the property. Diversified Realty Development is the landlord and developer. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Culichi-Town-Ontario-CA
CaliforniaInvestment salesNewsRestaurants

SRS Brokers $4.6 Million Sale of Restaurant Property in Southern California

by Hayden Spiess

Ontario, Calif. — SRS Real Estate Partners has brokered the $4.6 million sale of a freestanding restaurant property located in Ontario. Culichi Lounge Inc. acquired the 5,535-square-foot building, which is occupied by Culichi Town, from an undisclosed local developer. Matthew Mousavi and Patrick Luther of SRS represented the seller in the deal. Terrison Quinn and Zach Leffers of SRS arranged the lease with Culichi Town on behalf of the seller.

Continue Reading
0 FacebookTwitterLinkedinEmail
BLISS-Car-Wash_Valencia-Calif
CaliforniaInvestment salesNet leaseNews

Hanley Arranges $3.7 Million Sale of Car Wash Property in Valencia, California

by Hayden Spiess

Valencia, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $3.7 million sale of a car wash property currently underway in Valencia. The building, which is scheduled for completion in the first quarter of 2024, will total 4,263 square feet. BLISS Car Wash will occupy the property on a triple-net-lease basis.Bill Asher and Jeff Lefko of Hanley represented the developer and seller, Fountainhead Development, in the transaction. Jenny Eng of CBRE represented the undisclosed buyer. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts