Thursday, July 17, 2025
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Hayden Spiess

Cotopaxti-Galleria-Dallas
LeasingNewsTexas

Five New Retail, Restaurant Tenants to Open at Galleria Dallas

by Hayden Spiess

Dallas — Five new stores and restaurants are set to open at Galleria Dallas, a shopping center located in Dallas. Outdoor gear brand Cotopaxi has opened a location at the property, and H&M Home will occupy 7,500 square feet — in addition to the existing H&M store. Women’s clothing retailer Intimissimi has also opened a boutique at the shopping center, and restaurants North Italia and Salut Paris Bakery will open this fall and summer, respectively. Additionally, larger stores are currently under development for tenants Louis Vuitton and Bachendorf’s, and Luciano Pizza …

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IllinoisInvestment salesNews

Lee & Associates Arranges $1.8 Million Sale of Retail Pad in Metro Chicago

by Hayden Spiess

Alsip, Ill. — Lee & Associates has arranged the $1.8 million sale of a retail pad located in Alsip, roughly 25 miles southwest of Chicago. A Belle Tire location will be developed on the 1-acre site, which was previously occupied by Bakers Square Restaurant. Rick Scardino of Lee & Associates represented the seller, Orion Capital, in the transaction. Dave Chopp and Ryan Chopp of DRC Realty represented the buyer, Barnes Development Co. doing business as Belle Tire. 

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Turnberry-Crossing_Newport-News-Va
Investment salesNewsVirginia

Cushman & Wakefield | Thalhimer Brokers $8.2 Million Sale of Turnberry Crossing in Newport News, Virginia

by Hayden Spiess

Newport News, Va. — Cushman & Wakefield | Thalhimer’s Capital Markets Group has brokered the $8.2 million sale of Turnberry Crossing, a 53,775-square-foot retail center located in Newport News. Goodwill anchors the property, which was 95 percent leased to 17 tenants at the time of sale. Other tenants include Hertz, Papa John’s and DaaBIN Store. Catharine Spangler of Cushman & Wakefield | Thalhimer arranged the transaction on behalf of the seller, Stavins & Axelrod. Prudent Growth Partners acquired the property. 

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Walgreens_West-Miami
FloridaInvestment salesNet leaseNews

Marcus & Millichap Arranges $6.7 Million Sale of Single-Tenant Property Leased to Walgreens in Miami

by Hayden Spiess

Miami — Marcus & Millichap has brokered the $6.7 million sale of a freestanding, 13,650-square-foot property in Miami. Walgreens occupies the building on a 15-year triple-net lease. Built in 2004 and situated on 1.4 acres, the property is an outparcel to Kendall Pointe, a shopping center anchored by Aldi and PetSmart. Jonathan De La Rosa and Eduardo Toledo of Marcus & Millichap’s Miami office represented the buyer, a local private investment firm, in the transaction. 

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Buc-ees_New-Kent-Va
DevelopmentInvestment salesNewsVirginia

Buc-ee’s to Open 75,000-Square-Foot Location in Metro Richmond

by Hayden Spiess

New Kent, Va. —Buc-ee’s has purchased 27.7 acres off I-64 in the Richmond suburb of New Kent with plans to develop the brand’s first location in Virginia. Upon completion, the Buc-ee’s Super Center will comprise 75,000 square feet of retail space, 120 fueling stations, electric vehicle chargers and more than 650 parking spaces. Construction on the project is scheduled for completion within the next 24 months. Nathan Shor of S.L. Nusbaum Realty Co. represented both the seller and Buc-ee’s in the land acquisition.

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Little-Caesars_Perris-Calif
CaliforniaInvestment salesNews

Hanley Arranges $4.1 Million Sale of Retail Pad in Southern California

by Hayden Spiess

Perris, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $4.1 million sale of a 5,303-square-foot retail pad located in Perris. Altura Credit Union and Little Caesars Drive-Thru occupy the property, which was built in 2022 and is an outparcel to a shopping center anchored by Cardenas Markets. Bill Asher and Jeff Lefko of Hanley represented the seller, a California-based private partnership. Howard Rosenthal and Guy Excell of Rosenthal & Excell Commercial Real Estate represented the buyer, a California-based family office. 

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DevelopmentLeasingNewsRestaurantsTennessee

Four Tenants Sign Leases at Hamilton Place in Chattanooga

by Hayden Spiess

Chattanooga, Tenn. — Four new tenants will join Hamilton Place in Chattanooga. Crunch Fitness will open a 35,000-square-foot location at the property, and restaurants Texas Roadhouse, Taco Mamacita and Community Pie have also signed leases. Construction on the Crunch Fitness space is scheduled to begin in August, with the opening planned for later this year. Work is currently underway on Community Pie and Taco Mamacita, which will open in July and next year, respectively. Texas Roadhouse is also scheduled to open next year, with construction anticipated to begin later this month. …

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Arcadia-Towne-Center_Phoenix
ArizonaGrocery-anchoredInvestment salesNews

Whitestone Acquires Arcadia Towne Center in Phoenix for $25.3 Million

by Hayden Spiess

Phoenix — Whitestone REIT has acquired Arcadia Towne Center, a 70,000-square-foot retail center located in Phoenix, for $25.3 million. A Safeway, not included in the sale, anchors the center. Tenants at the property include CVS/pharmacy, Tutor Time, Mathnasium, Over Easy, Sole Ports and Puff & Fluff Grooming. 

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Pickle-Haüs
DevelopmentEntertainmentIllinoisLeasingNews

Joint Venture to Open 41,000-Square-Foot Pickleball Concept in Chicago

by Hayden Spiess

Chicago — A joint venture between Hubbard Street Group and College Park Athletic Clubs has announced plans to open a 41,000-square-foot pickleball-themed sports and entertainment center in Chicago. Dubbed Pickle Haüs, the concept will occupy a former retail store and feature 12 indoor pickleball courts, three golf simulators, an outdoor patio and a bar, entertainment and event space. Hubbard Street has owned the vacant building since 2018, and construction is currently underway on the property. The project team also includes Food is Family, Harken Interior Design, Hirsch MPG, William A. Randolph …

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Lincoln-Road_Miami-Beach-Fla
FloridaLeasingNews

Eight Tenants Sign Leases to Occupy Promenade Along Lincoln Road in Miami Beach

by Hayden Spiess

Miami Beach, Fla. — Eight new tenants have signed leases at the promenade along Lincoln Road in Miami Beach, which features more than 200 shops, cafés, galleries and restaurants across eight blocks. Paris St. Germain, Habitat Hyett, The Cheesecake Factory, Ecco, BonBon Etc., Osteria da Fortunata, Voyage Luggage and Salt & Straw will open locations at the promenade beginning this summer. 

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