Medford, Ore. — LBG Real Estate Cos. LLC is set to begin a $12 million redevelopment of Medford Center, a 420,000-square-foot entertainment and lifestyle center located in Medford.
Miami — Weingarten Realty (NYSE: WRI) has acquired The Palms at Town & Country, a 664,000-square-foot, open-air shopping center located in Miami, for $285 million.
New York City — Macklowe Properties has announced that Whole Foods Market will anchor the retail component of One Wall Street in New York City.
Longmont, Colo. — NewMark Merrill Cos. has completed Phase I of development at Village at the Peaks, a 500,000-square-foot lifestyle center located in Longmont.
Beverly, Mass. — Barnat Development has been selected by the Massachusetts Bay Transit Authority (MBTA) to develop a mixed-use, transit-oriented project at 112 Rantoul St. in the Boston suburb of Beverly.
Los Angeles — Dunkin’ Donuts has signed an agreement with Precision Hospitality & Development to develop eight new restaurants in Los Angeles.
Fayetteville, Ga. — A development team comprising Chick-fil-A CEO and Fayette County resident Dan Cathy and Jim Pace of Pace Lynch Corp. has revealed plans for a new master-planned development located adjacent to Pinewood Atlanta Studios, a major movie studio spanning 700 acres and 12 sound stages.
Phoenix — Walmart has broken ground on a 148,000-square-foot Walmart Supercenter located at Metrocenter Mall in Phoenix.
San Diego — The San Diego Port Authority Commission has selected a $1.2 billion project proposal anchored by a 480-foot observation tower to transform 70 acres of downtown San Diego’s waterfront.
Livermore, Calif. — Summit, New Jersey-based RedMill Capital has received a $38.6 million loan for the construction of The Shoppes at Livermore, a 120,000-square-foot retail center to be located in the San Francisco Bay Area community of Livermore.