Development

Terrison Quinn Newport Beach Retail Real Estate pull quote rev
Content PartnersDevelopmentFeaturesFinanceGrocery-anchoredIndustry ContentInvestment salesLeasingNet leaseRetailers

SoCal Retail Market Fundamentally Strong but Challenged by Space Shortage

by Sarah Daniels

If Calvin Short and Terrison Quinn, managing principals at SRS Real Estate Partners, could sum up the Southern California (SoCal) retail investment sales and leasing environment with one word, it would be “undersupplied.” From an investment standpoint, the region lacks depth in available properties for sale, unlike other parts of the country where there have been leverage shifts in favor of the buyer due to oversupply, says Short, who represents buyers and sellers of retail assets nationwide. That’s particularly true in the net-lease space, which is driving some SoCal-based investors …

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Crossing at Coal Mountain
DevelopmentGeorgiaNews

Construction Underway on Phase One of Crossing at Coal Mountain Mixed-Use Development in Metro Atlanta

by Abby Cox

Cumming, Ga. — Construction is underway on Phase I of The Crossing at Coal Mountain, a 140-acre mixed-use development by Atlantic Residential in Cumming, a northern suburb of Atlanta. The project sits in the Coal Mountain region of north Forsyth County and will feature apartments, retail space and for-sale homes being developed in partnership with Toll Brothers. Atlantic Residential broke ground in July on the 47,000 square feet of shops, restaurants and entertainment space at the development, with plans to complete construction in summer 2026. Food-and-beverage concepts at The Crossing …

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Legacy Park
CaliforniaDevelopmentMixed-useNews

Vestar, Pacific Proving to Develop $2 Billion Mixed-Use Project in Mesa, Arizona

by Abby Cox

Mesa, Ariz. — Vestar, a shopping center and mixed-use developer based in Phoenix, has partnered with Pacific Proving LLC, a landowning entity that controls 1,805 acres in the state capital’s East Valley, to co-develop a $2 billion mixed-use project. Legacy Park will span 200 acres at Pacific Proving’s site in Mesa near the confluence of Gilbert and Queen Creek. The groundbreaking is set for 2027. “As someone who has believed in the potential of this area and land for decades, we are thrilled to partner with Vestar to bring this phase …

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Smalls Sliders
DevelopmentKentuckyNewsRestaurantsTennessee

Smalls Sliders Signs Four-Unit Franchise Agreement Across Kentucky, Tennessee

by Abby Cox

Atlanta — Atlanta-based cheeseburger slider concept Smalls Sliders has signed a franchise agreement to open four new units across Kentucky and Tennessee, marking the brand’s second appearance in both states. Entrepreneur Matthew Robinson will own and operate the restaurants, which are dubbed “Cans.” Following recent multi-unit deals in Lexington, Kentucky, and Knoxville, Tennessee, Smalls Sliders’ newest locations will include Cans in Bowling Green, Kentucky, and three other locations throughout Clarksville and Henderson, Tennessee. The first of the four restaurants is anticipated to open next year. Founded in 2019, Smalls Sliders has …

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CaliforniaDevelopmentNews

Prime Pizza To Open Five Restaurants in Southern California

by Abby Cox

Los Angeles — Los Angeles-based Prime Pizza, a rapidly expanding New York-style pizza restaurant, has signed leases for five new locations in Southern California. The locations are at Alicia Landing Shopping Center in Mission Viejo; Gaslight Square in Brea; Farmers & Merchants Bank Center in Torrance; and two freestanding locations, one in Thousand Oaks and another in Valley Village, California. Mark Seferian of RCI Brokerage represented Prime Pizza in the transactions, which ranged from 1,256 to 1,951 square feet. The Mission Viejo and Brea locations will open in the fourth …

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Laveen Towne Center
ArizonaCompany newsDevelopmentNews

Vestar to Develop 500,000-Square-Foot Laveen Towne Center in Southwest Phoenix

by Abby Cox

Phoenix — Vestar has received approval from the Village Planning Committee to develop Laveen Towne Center, an open-air shopping center in Phoenix’s southwest submarket of Laveen. Set to break ground in summer 2026 with a grand opening targeted for winter 2027, Laveen Towne Center will feature 500,000 square feet of retail, dining and entertainment space across 90 acres. Vestar plans to preserve the character and charm of the area through the project’s design and programming. The development will reuse existing materials and features found onsite, including from the Hudson Farmhouse, …

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BJ’s Wholesale Club
DevelopmentGeorgiaNews

BJ’s Wholesale Club to Open 104,170-Square-Foot Grocery Store in Warner Robins, Georgia

by Abby Cox

Warner Robins, Ga. — BJ’s Wholesale Club plans to open a new grocery store and BJ’s Gas station south of Atlanta in Warner Robins. The Telegraph reports that the 21-acre site will house the 104,170-square-foot grocery store and 582 parking spaces, as well as a 2,204-square-foot gas station with eight pumps that opened in late August. The new BJ’s Wholesale Club store is set to open on Friday, Sept. 12. The property represents the first BJ’s Wholesale Club store in middle Georgia and its seventh in the state, according to The Telegraph.

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Station 12
DevelopmentLeasingNew YorkNews

WS Development Signs Leases with 12 New Tenants at Station Twelve Near Buffalo

by Abby Cox

Amherst, N.Y. — WS Development has signed leases with 12 new tenants at Station 12, an open-air shopping center under development in the Buffalo suburb of Amherst. The mix of retailers and restaurants expected to open in 2026 include Williams Sonoma, Pottery Barn, Anthropologie, Alo Yoga, Solidcore, EVEREVE, Just Salad, gorjana, FP Movement, Rowan, Free People and Oola Bowls. Whole Foods Market will anchor the property. Additionally, construction will begin later this month on Station 12’s next phase, a 10,000-square-foot community green space. Further details of the development and construction timelines …

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Gwinnett Place Mall
DevelopmentGeorgiaInvestment salesNews

Gwinnett County to Acquire Former Sears at Gwinnett Place Mall in Metro Atlanta

by Abby Cox

Duluth, Ga. — The Urban Redevelopment Agency of Gwinnett County has approved the purchase of a former Sears department store at Gwinnett Place Mall, a struggling regional mall situated along Pleasant Hill Road near Interstate 85 in metro Atlanta. Northwood Ravin will sell the 11.5-acre site to the county for $11.5 million, the same price the Charlotte-based multifamily developer paid for the property in 2018. With the Sears acquisition, Gwinnett County now owns a combined 87.5 acres at Gwinnett Place Mall. Plans for the mall redevelopment include a mixed-use destination …

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Village Green
DevelopmentNewsTennessee

Five New Tenants to Join Village Green Shopping Center in Suburban Nashville

by Abby Cox

Nolensville, Tenn. — Five new tenants have signed leases to join Village Green, a 90,473-square-foot shopping center under development in Nolensville, a suburb of Nashville. Chase Bank will debut at the property, along with Tropical Smoothie Café, Floyd’s 99 Barbershop, Great Clips and Mountain Mike’s Pizza. Village Green will open this October. The new tenants will accompany a mix of additional retailers and restaurants who have already committed to the project including Chipotle, First Watch, Hand & Stone Massage and Facial Spa, Club Pilates, Heartland Dental, Jersey Mike’s, Abbott’s Frozen …

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