Baltimore — Restaurateur Pinky Cole will open two food-and-beverage concepts, Slutty Vegan and Bar Vegan, at Baltimore Peninsula, a $5 billion mixed-use redevelopment project currently underway in Baltimore. Scheduled to open in the fourth quarter of 2024, the plant-based restaurants are expected to create more than 100 new jobs. The 14 million-square-foot, 235-acre Baltimore Peninsula development also features a four-acre sports venue, ROOST Apartment Hotel and the Rye House and 250 Mission residential communities. The development and investment team for the project includes MAG Partners, MacFarlane Partners, Kevin Plank of Under …
Doral, Fla. — Three new tenants have signed leases at Century Town Center, a mixed-use property in Doral. My Salon Suites, Rumble Boxing and Kidstrong will occupy 5,910; 2,541; and 2,734 square feet of ground-floor retail space, respectively. Phase I of Century Town Center features 326 residential units and 31,000 square feet of retail space. A planned second phase of the project will comprise an additional 408 residential units and 27,000 square feet of retail space. Rafael Romero and Malina Huynh of JLL represented the landlord — a partnership between Mattoni …
Las Vegas — Brixton Capital has sold Decatur 215, a 126,678-square-foot retail center located in Las Vegas. Tenants at the center, which was fully leased at the time of sale, include Petco, Hobby Lobby, Ulta Beauty, Sprouts Farmer’s Market, Sleep Number and Blaze Pizza. An entity doing business as Decatur Palm Plaza LLC acquired the property for an undisclosed price. Lucescu Realty represented the buyer, and Brixton Capital was represented on an internal basis.
Rogers, Ark. — CBRE has secured financing for the construction of Pinnacle Springs, a mixed-use development located in Rogers. Upon completion, the project will comprise 362 apartments and 91,000 square feet of retail space. A 37,000-square-foot Whole Foods Market will anchor the property. Richard Henry, Mike Ryan, Brian Linnihan and J.P. Cordeiro of CBRE arranged the financing on behalf of the borrower and developer, SJC Ventures. Arvest Bank provided uncrossed construction loans for the project, and Dome Equities provided both common and preferred equity investments in the multifamily component. The project …
Flourtown, Pa. — Dim Sum Factory has signed a 2,824-square-foot lease at Flourtown Shopping Center in Flourtown, roughly 14 miles outside Philadelphia. Scheduled to open in spring 2024, the restaurant will be situated adjacent to the U.S. Post Office at the property. Federal Realty Investment Trust is the landlord.
Nashville, Tenn. — Tanger Factory Outlet Centers (NYSE: SKT) has completed Tanger Outlets Nashville, a 290,000-square-foot outlet mall in Nashville. The property is Tanger’s first new development since 2019. The open-air development consists of seven retail buildings and The Green, a central outdoor community space for programming and activations. The mall is currently 96.5 percent occupied by 60 retailers and restaurants, including Nike, Polo Ralph Lauren, Coach, Ulta Beauty, Michael Kors, Pottery Barn, Under Armour, Crocs, American Eagle, Journeys, Old Navy, Victoria’s Secret and Adidas. The property also features 15 murals …
Chicago — NewMark Merrill Cos. has acquired two retail centers totaling 178,042 square feet in Chicago in separate transactions. The first property, Pulaski Promenade, comprises 122,710 square feet situated on 10.5 acres. Tenants at the center, which was fully leased at the time of sale, include Marshalls, Shoe Carnival, Michaels, Ross Dress for Less, PetSmart, Ulta Beauty and Carter’s. NewMark purchased the property from DRA/Pine Tree. NewMark acquired the second retail center, Midway Square, from TRC Retail. Midway Square features 55,332 square feet and was 92 percent leased at the time …
Overland Park, Kan. — Whole Foods Market will open a 45,791-square-foot store in Overland Park, roughly 12 miles outside Kansas City. The opening of the new store, which is scheduled for Nov. 15, marks the relocation of an existing Overland Park Whole Foods, which has operated since 2007. Darcy Landis, principal local forager for Whole Foods, curated the selection for the store, which will feature more than 750 local items from the greater Kansas area.
Boston — Lendlease has signed leases with three food-and-beverage concepts at Clippership Wharf, a mixed-use residential development situated on a seven acres in Boston. Italian restaurant Mida and barbecue concept The Smoke Shop both opened restaurants at the property this summer, occupying 2,900 and 4,000 square feet, respectively. Café Iterum also opened at the development in late 2021, leasing a 1,100-square-foot space and an additional 1,400-square-foot patio. The retail space at the property is now fully occupied.
Detroit — Detroit Music Hall has unveiled plans for a $122 million expansion project designed by Tod Williams Billie Tsien Architects. At seven stories and 100,000 square feet, the expansion is the culmination of an extensive 2023 feasibility study. The multipurpose music center will occupy the lot adjacent to the classic 1928 Music Hall, a landmarked facility in the heart of downtown Detroit at the corner of Brush and Madison streets. The new facility will feature a state-of-the-art 24,000-square-foot concert hall, 1,800-square-foot recital hall, recording and practice studios, leasable office space …