Sugar Hill, Ga. — Ackerman & Co. and Novare Group have announced plans to develop a 13,275-square-foot retail project within Novare Group’s Conclave development in Sugar Hill. Situated on a four-acre site within the mixed-use property, the retail component will comprise two buildings totaling 6,035 and 7,240 square feet, respectively. Kelly Wilson of Ackerman Retail will lead leasing at the development.
Sunrise, Fla. — Marcus & Millichap has brokered the $5.7 million sale of West Commercial Landings, a retail center located in Sunrise. Tenants at the property, which totals 11,700 square feet and was 87 percent leased at the time of sale, include Huey Magoo’s, McAlister’s Deli, Verizon Wireless and Papa John’s. Drew Kristol and Kirk Olson of Marcus & Millichap represented the seller, Konover South, in the transaction. Stablewood Properties was the buyer.
Springfield, Ill. — The Cooper Commercial Investment Group has arranged the $1.8 million sale of a single-tenant retail property located in Springfield. Starbucks Coffee occupies the building, which is positioned on a site that serves as an outparcel to Walmart Supercenter, Target and Aldi. Bob Havasi and Dan Cooper of Cooper Commercial represented the seller in the transaction. Starbucks has roughly five years remaining on its lease at the property.
Snellville, Ga. — JLL Capital Markets has arranged the sale of Presidential Commons, a 264,271-square-foot shopping center located in Snellville. Kroger anchors the property, which was 89 percent leased at the time of sale. Other tenants at the center include Petco, Ulta Beauty, Burlington, Five Below and Aaron’s. SITE Centers sold the property to Sterling Organization for an undisclosed price. Jim Hamilton, Brad Buchanan, Andrew Michols and Anton Serafini of JLL represented the seller in the transaction.
Cumming, Ga. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the $18.5 million sale of Vickery Village, a 59,601-square-foot retail center located in the Atlanta suburb of Cumming. The shopping center is situated within a larger, 188,000-square-foot mixed-use development dubbed Vickery Village Center. Zach Taylor and Eric Abbott of Marcus & Millichap represented the seller, an entity doing business as Vickery Village Community LLC, in the transaction. An entity doing business as Vickery Village Retail LLC acquired the center, which was leased to 27 tenants at …
Houston — Marquette Cos. has received approval from the Houston Planning Commission for a 20,000-square-foot retail project that will be located near White Oak Music Hall in Houston. The new, single-story building is scheduled for a 2025 delivery and will be marketed to bar, restaurant, coffee shop and other retail users. The development will be situated across the street from Tempo at White Oak, a 304-unit multifamily project currently underway by Marquette.
Oakland, Calif. — SITE Centers Corp. has completed the sale of a freestanding retail building located in Oakland for $44.4 million. Whole Foods Market occupies the property. An undisclosed buyer acquired 57,218-square-foot building, which was built in 2007. Eric Kathrein, Geoff Tranchina, Gleb Lvovich and Warren McClean of JLL Capital Markets represented the seller and procured the buyer in the transaction.
Aliso Viejo, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $9.4 million sale of a multi-tenant retail building located in Aliso Viejo. Situated within Aliso Viejo Town Center, the building comprises 24,986 square feet. Built in 2004, the property was leased to tenants including Buffalo Wild Wings, Active Med Supply, Cold Stone Creamery and F45 Training at the time of sale. Other tenants at Aliso Viejo Town Center — which totals 380,000 square feet — include Ralphs, Staples, CVS/pharmacy, T.J. Maxx, HomeGoods PetSmart and Regal Cinemas. Sean Cox and …
Exton, Pa. — Kimberton Whole Foods will open a new, 14,000-square-foot store in Exton, roughly 30 miles outside Philadelphia. Construction on the building will begin this month, with the opening scheduled for spring 2026. The store will be situated within Eagleview Town Center, within the 800-acre Eagleview mixed-use community. Hankin Group is the developer and landlord.
Texas’s latest developments feature a common thread: a sense of place. Why are people drawn to spend money and time at certain places in a city? What makes someone want to do their shopping, stop for coffee or plan a date night at one spot versus another? Sometimes, it’s a special location or an emotional connection to a particular vendor. But in many instances, the draw is entirely by design. It’s an intentional, strategic urban planning tactic that’s been around for decades, and it’s called placemaking. What Is Placemaking?The concept …
