Hagerstown, Md. — PREIT has redeveloped Valley Mall in Hagerstown, Maryland.
Santa Barbara, Calif. — Pacific Retail Capital Partners and J.P. Morgan Asset Management have announced a $20 million renovation program for Paseo Nuevo, a 458,000-square-foot outdoor shopping destination in Santa Barbara, California.
Nashville, Tenn. — Tanger Outlets has announced plans to open a new outlet mall in downtown Nashville, Tennessee.
Planation, Fla. — A partnership led by Azor Advisory Services Inc. has broken ground on the redevelopment of an office building in Plantation, Florida.
Los Angeles — Related Cos. and partner CORE USA have broken ground on The Grand, a $1 billion mixed-use development in downtown Los Angeles.
Vernon Hills, Ill. — Graycor Construction Co. has completed the retail portion of Mellody Farm, a mixed-use development located in Vernon Hills, about 36 miles north of Chicago.
Atlanta and Alpharetta, Ga. — Hobby Lobby has filled two former Toys ‘R’ Us locations in metro Atlanta. The first site is a 58,907-square-foot space within Akers Mill Shopping Center in northwest Atlanta.
Santa Monica, Calif. — Supermodel-turned-entrepreneur Tyra Banks has announced plans for Modelland, an interactive model experience that is scheduled to open in late 2019 in Santa Monica, California.
Austin, Texas — Punch Bowl Social — an entertainment concept that centers on artisanal food, beverages and parlor-style entertainment — will open a 23,038-square-foot venue in the Scarborough Building, a historic office property in downtown Austin Texas.
East Lansing, Mich. — Crunch Fitness has signed a lease to occupy a 27,835-square-foot building near Michigan State University.