Lubbock, Texas — Cousins Maine Lobster (CML) has signed a new, multi-unit deal with franchisees Chris Wilson and Gary Andrews of Lubbock. Wilson and Andrews currently own and operate six Slim Chickens restaurants throughout metro Lubbock and have launched their first CML food truck in the area, serving the markets of Amarillo, Midland, Odessa, Wichita and San Angelo. The grand opening was Oct. 26, at West End Shopping Center in Lubbock. “After six years of operating in Teas, we are thrilled to announce our expansion into West Texas,” says Angela Coppler, …
Von Maur embarks on a $100 million renovation plan to redefine its department stores for a new generation — and reinvest in the 152-year-old company’s signature customer service. Von Maur is a classic American department store, currently embarking on an extensive, multi-phased renovation of its nearly 40 brick-and-mortar locations over the next five years. The 152-year-old retailer will invest more than $100 million to showcase an entirely new interior aesthetic, with renovations underway in Wichita, Kansas; Fort Wayne, Indiana; Omaha, Nebraska; Livonia, Michigan; Louisville, Kentucky; Overland Park, Kansas; and Forsyth, …
Dallas — Balfour Beatty has broken ground on a $95 million mixed-use project in Dallas. Balfour Beatty is constructing the project on behalf of the owners and developers, Acadia Realty Trust and Ignite-Rebees. Upon completion, which is scheduled for fall 2026, the development will total 161,00 square feet. Architecture firm GFF designed the property, which will feature 12,000 square feet of restaurant space and 75,000 square feet of retail space, as well as 74,000 square feet of office space and 500 parking spaces.
Stephenville, Texas — Disney Investment Group (DIG) has arranged the sale of Bosque River Centre, a 221,294-square-foot retail center located in Stephenville. The center was 97 percent leased at the time of sale. Tenants at the property, which was built in 1984, include Boot Barn, SPEC’s, Tractor Supply Co., Ollie’s, Planet Fitness, Cinemark and Dollar Tree. David Disney and Adam Crockett of DIG represented the seller and procured the buyer in the transaction.
Weatherford, Texas — The Woodmont Co. has negotiated the sale of The Village at Weatherford, a shopping center located in Weatherford, roughly 30 miles west of Fort Worth. The property totals 44,000 square feet. Russel Wehsener of The Woodmont Co. represented the seller, Sinclair Investments, in the transaction. Gibson Duwe and Kyle Poulson of Transwestern represented the undisclosed buyer.
Melbourne and Sarasota, Fla. — Nordstrom Rack has announced plans to open two new stores in Florida. Located in Melbourne and Sarasota, the stores will comprise 24,000 and 27,000 square feet, respectively. The Melbourne store will be situated within The Avenue Viera and is scheduled to open next fall. Situated within Sarasota Pavilion, the Sarasota store is scheduled to open in spring 2026. InvenTrust Properties owns and manages Sarasota Pavilion, and WS Development owns and manages The Avenue Viera.
Milwaukee — Marcus & Millichap has brokered the sale of a 25,154-square-foot single-tenant retail property in Milwaukee. Sentry Foods occupies the building, which was originally constructed in 1960, on an absolute net lease. Ben Kohl and Mitchell Kiven of Marcus & Millichap represented the seller in the transaction. Todd Lindblom assisted in closing the sale as the firm’s broker of record in Wisconsin.
Albuquerque, N.M. — SimonCRE has acquired Cottonwood Corners, a 218,144-square-foot retail center located in Albuquerque. An entity doing business as Gibson-Cottonwood LLC sold the property for an undisclosed price. Tenants at the property, which was developed in two phases in 1996 and 1998, include Barnes & Noble, Best Buy, Michaels, Ross Dress for Less, Legacy Furniture, New Balance, The UPS Store, Mattress Firm, Leslie’s Poolmart, Scrub Spot, LA Luxe Nails and Firehouse Subs. The center also features 29,233 square feet of big box space and 4,679 square feet of small shop …
Chesterfield Township, Mich. — Mid-America Real Estate Corp. has arranged the sale of Waterside Marketplace, a 276,244-square-foot retail center located in the northeast Detroit suburb of Chesterfield Township. Tenants at the center, which was 93 percent leased at the time of sale, include T.J. Maxx, Sierra, Burlington, Best Buy, Ulta Beauty, DSW and Old Navy. Ben Wineman, Emily Gadomski and Daniel Stern of Mid-America represented the seller, PMAT Real Estate Investments, in the transaction. Octave Holdings and Investments was the buyer.
Vernon Hills, Ill. — Marcus & Millichap has brokered the $10.5 million sale of Hawthorn Village Commons, a shopping center located in Vernon Hills, roughly 40 miles outside Chicago. Built in 1981, the property comprises 51,815 square feet. Tenants at the center include Hobby Lobby, Dollar Tree, Panda Express, Wendy’s and Subway. Adrian Mendoza, Sean Sharko and Austin Weisenbeck of Marcus & Millichap represented the seller in the transaction. Steven Weinstock assisted in closing the sale as the firm’s broker of record in Illinois.