Viera, Fla. — Gifts & More at The Paper Store will open an outpost at The Avenue Viera, a retail center located in Viera. Scheduled to open next week, the store will total 12,000 square feet. Other tenants at the center include lululemon, Sephora and Club Pilates. WS Development is the landlord.
Edgewood, Md. — KLNB has brokered the $10.4 million sale of Edgewood Plaza, a retail center located in Edgewood, roughly 25 miles outside Baltimore. Food Lion anchors the 76,000-square-foot property. Dollar General is also a tenant at the property, which was 96 percent leased at the time of sale. Chris Burnham, Andy Stape, Vito Lupo and Jake Furnary of KLNB represented the seller, Sandmar Properties, in the transaction.
Orlando, Fla. and Mount Pleasant, S.C. — Crush Yard will open two new pickleball clubs in Florida and South Carolina. Opening later this month, the first venue will total 40,000 square feet in Mount Pleasant, South Carolina. In November, a 50,000-square-foot facility will open in Orlando, occupying a former Bed Bath and Beyond building. The clubs will feature pickleball courts, as well as access to coaches. The South Carolina Crush Yard will also feature coffee from One Nation Coffee and beer from Holy City Brewing.
Mattoon, Ill. — Mid-America Real Estate Corp. has arranged the sale of Mattoon Marketplace, a 73,225-square-foot shopping center located in Mattoon. Tenants at the property include PetSmart, Dollar Tree, Cato, Hibbett Sporting Goods, Aspen Dental, Buffalo Wild Wings, Verizon and Shoe Sensation. Rick Drogosz and Emily Gadomski of Mid-America brokered the transaction on behalf of the seller, United American Properties. Chase Properties acquired the center for an undisclosed price.
Fayetteville, Ark. — Slim Chickens has signed an agreement for 14 new locations in Michigan. Franchisee Nathan Finney of Finney Hospitality Group (FHG) will develop the restaurants, which will be located in Lansing, Grand Rapids, Kalamazoo and other markets throughout the state.
Nashville, Tenn. —Portman has signed two new food-and-beverage tenants to the 17,000-square-foot commercial space at Starling, an apartment tower currently under development in Nashville. The new tenants include Retrograde Coffee, a neighborhood coffee shop, and Social Cantina, a modern Mexican restaurant and tequila bar. The coffee shop will be the first café to front the Cumberland River Greenway, which Portman is expanding to connect directly to Starling tower. The Social Cantina location will feature an outdoor patio.
New York City — Newmark has secured a $90 million loan for the refinancing of a 181,000-square-foot shopping center located in Brooklyn in New York City. The center is leased to tenants including Whole Foods Market, Equinox, Chipotle Mexican Grill, Citibank and T-Mobile. Dustin Stolly, Jordan Roeschlaub, Daniel Fromm, Benjamin Kroll and Alexander Saslove of Newmark arranged the loan through Apollo Global Management on behalf of the borrower, a joint venture between Aurora Capital Associates, Midtown Equities and ACHS Management.
Leesburg, Fla. — Legacy Realty Group Advisors has arranged the sale of Lake Harris Square, a 61,220-square-foot shopping center located in Leesburg. Winn Dixie anchors the property. Daniel Baruch and Ari Warshaw of Legacy arranged the $6.3 million transaction, with Robert Monahan of Island Associates Real Estate and Will Bingham and Matthew Bingham of Bingham Realty Inc.
Pittsfield, Mass. — Horvath & Tremblay has negotiated the $6.3 million sale of Del Alba Plaza, a 72,119-square-foot shopping center in Pittsfield. A 61,935-square-foot Stop & Shop anchors the property, which also comprises a 2,000-square-foot fuel station and a three-tenant, 8,184-square-foot inline building. The center also features a pad site that can support the development of a 3,500-square-foot building. Bob Horvath and Todd Tremblay of Horvath & Tremblay represented both the buyer and seller in the transaction.
Kinston, N.C. — Marcus & Millichap has brokered the $5 million sale of Westgate Plaza, a 51,213-square-foot retail center located in Kinston. Built in 1988, the property is anchored by Harbor Freight Tools, Badcock Furniture and PetSense. Andrew Margulies and Harrison Creason of Marcus & Millichap arranged the sale on behalf of the seller.