Development

Nashville, Tenn. — Bed Bath & Beyond has announced its first phase of its nationwide rollout of the new Bed Bath & Beyond + The Container Store retail format. The first 22 locations will begin welcoming customers to the new format immediately, with additional stores scheduled to convert over the next several weeks. The rollout follows the launch of the company’s first co-branded store in Texas. The new stores combine Bed Bath & Beyond’s assortment of bedding, bath, kitchen, entertainment and home essentials with The Container Store’s expertise in organization, custom …

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Zaxbys_Modern-Farmhouse-Exterior-Image-

Chicago — Zaxby’s has signed a franchise agreement with a local entrepreneur to open seven new restaurants in Chicago. The development plans follow a separate multi-unit agreement signed in Chicagoland in 2025, along with the first restaurant in Plainfield, Illinois, earlier this year. Zaxby’s currently has more than 1,000 locations in 22 states and is headquartered in Atlanta.

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Shipley-Donuts-Exterior

Houston — Shipley Donuts has signed a three-unit franchise agreement in Cincinnati, marking its entry into Ohio. The deal is with Houston-based Koelache Co. LLC, which plans to open its first Shipley location in the first quarter of 2027, with the other two units expected to open through 2029.  Founded in Texas in 1936, Shipley Donuts has more than 390 franchised and company-owned restaurants across 13 states.

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The Village at Meridian

Meridian, Idaho — CenterCal Properties has announced the expansion of The Village at Meridian, a 1 million-square-foot mixed-use development located in Meridian, roughly 10 miles west of downtown Boise. Phase II of the project will encompass 80,000 square feet of commercial space across six new buildings, including a mix of retail and dining tenants such as Vuori, Alo, Kendra Scott, Tecovas, Gorjana, solidcore and Tempur-Pedic, along with Flower Child and Paris Baguette. Additional tenants will be announced as leasing activity continues. Initial openings are expected in September 2026, while completion of …

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foothill-village

Salt Lake City — Asana Partners has invested $25 million to redevelop Foothill Village, a 260,000-square-foot center located in the East Bench neighborhood of Salt Lake City. The grocery-anchored center — which is anchored by Dan’s Fresh Market — features a new central plaza, open-air breezeways, six new tenants and two levels of retail shops. New tenants that will be joining the property later this year will include Magnolia Bakery (1,500 square feet), Zao Asian Café and MD Hyperbaric. JD Flannel Donuts, Mo’ Bettahs and [solidcore] have already opened at the center. …

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PJs-Coffee-non-trad

Lexington, Ky. — PJ’s Coffee of New Orleans has signed a seven-unit license agreement with Steve Estepp, founder of Estepp Energy and Coffee Dudes LLC, to expand the New Orleans coffee brand throughout convenience stores in Central Kentucky. The company operates more than 13 convenience stores across Kentucky and is expanding its portfolio with complementary brands including Freddy’s Frozen Custard & Steakburgers, Little Caesars and now PJ’s Coffee. Alongside the company’s operating partner, Brendon Farrar, the group plans to introduce PJ’s Coffee to its stores through a combination of full cafés …

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Seguin-Exchange

Seguin, Texas — Houston-based developer NewQuest has begun work on Seguin Exchange, a 544-acre mixed-use development that will be located on the northeastern outskirts of San Antonio. NewQuest first acquired the land in 2007 and is now underway on infrastructural work. Plans for Seguin Exchange currently call for approximately 2 million square feet of industrial space and 750,000 square feet of retail, restaurant and entertainment space that will be housed within a single shopping center. Seguin Exchange is also planned to feature medical, multifamily and hospitality uses. Within the development’s …

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West Melbourne, Fla. — Barron Collier Investment Partners (BCIP) has acquired 32.6 acres from MultiVerse Global, the developers of the 225-acre Space Coast Town Center in West Melbourne, a city on Florida’s Space Coast. BCIP will develop The Landing at Space Coast, a planned mixed-use project that will serve as the cornerstone of the larger master-planned community. Phase I of the development will include approximately 77,750 square feet of retail space anchored by a grocery store, along with restaurant and service-oriented tenants and 300 residential apartments. Phase II will comprise 70,000 …

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Wakefield-Commons

Raleigh, N.C. — Wilder and Greenberg Gibbons have formed a joint venture to acquire Wakefield Commons, a 163,975-square-foot shopping center located in Raleigh. According to the Triangle Business Journal, Mishorim Gold NC, LP sold the property for $33 million. The acquisition marks Wilder’s entry into North Carolina, as well as Greenberg Gibbon’s first purchase through its $300 million Real Estate Income Fund II. Wakefield Commons was 96.3 percent leased at the time of sale to tenants including Starbucks Coffee, Marquee Cinemas and Burn Boot Camp. Greenberg Gibbons plans to renovate and …

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Valley-Grove

Pleasant Grove, Utah — St. John Properties has signed leases with seven new tenants at Valley Grove, a $1 billion, 128-acre mixed-use project under development in Pleasant Grove, roughly 35 miles south of Salt Lake City. The new tenants include Columbia Bank (3,100 square feet), Chicken Salad Chick (2,461 square feet), LongHorn Steakhouse (5,780 square feet), Mrakki Brow Bar (4,802 square feet), Only Crowns (1,238 square feet), Stella’s Ice Cream (1,991 square feet) and quickgreens (1,877 square feet). Other restaurants and retailers at Valley Grove include Café Rio, Chick-fil-A, Da Cloud …

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