French Valley, Calif. — Marcus & Millichap Capital Corp. (MMCC) has secured $39.4 million in construction financing for French Valley Marketplace, a grocery-anchored shopping center development in French Valley. The non-recourse loan will provide funds to complete the horizontal and
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Cutler Bay, Fla. — Electra America and BH Group have formed a joint venture to purchase Southland Mall, a 808,776-square-foot shopping mall in the Miami suburb of Cutler Bay. The buyers purchased the 80-acre site for $100.4 million with plans
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Dallas — Weitzman has completed the renovation of Meadow Central Market, a 107,778-square-foot shopping center in North Dallas. The project centered on remodeling the anchor tenant space occupied by Tom Thumb, which now features an expanded beer and wine selection,
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Washington, D.C. — A joint venture between Akridge, National Real Estate Advisors, Blue Coast Capital and Bridge Investment Group has plans to break ground on the first phase of The Stacks, a 2 million-square-foot mixed-use project in Washington, D.C. Bank
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Plano, Texas — Triten Real Estate Partners has begun the redevelopment of Market Square Mall, a 300,000-square-foot shopping and dining destination located north of Dallas in Plano. The firm originally acquired the 26-acre property, which was built in the mid-1980s,
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Bala Cynwyd, Pa. — Federal Realty Investment Trust will redevelop Bala Cynwyd Shopping Center, a 174,000-square-foot retail and dining destination in Bala Cynwyd, about 6 miles from Philadelphia. The $8 million project will include upgrading façade aesthetics, creating common- and
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Broomall, Pa. — Federal Realty Investment Trust is underway on the second phase of the redevelopment of Lawrence Park Shopping Center, a 374,000-square-foot retail and dining destination located in the northwestern Philadelphia suburb of Broomall. The project carries a total
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Addison, Texas — AMLI Residential and Stream Realty Partners have been named master developers for a $472 million, 18-acre, mixed-use development in Addison, roughly 15 miles north of Dallas. The Town of Addison has been acquiring land for the project
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Dallas and Coppell, Texas — Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY) has agreed to acquire family entertainment concept Main Event for $835 million in an all-cash transaction. The seller is a joint venture between Ardent Leisure Group Limited and
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Marietta, Ga. — Eden Rock Real Estate Partners and Connolly have broken ground on a 90,000-square-foot building to be occupied by Kroger at MarketPlace Terrell Mill, a $120 million mixed-use project at the intersection of Terrell Mill and Powers Ferry
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Chicago — McHugh Construction has broken ground on FanDuel Sportsbook, a new 13,000-square-foot sports betting venue being developed by online gaming company FanDuel Group at the United Center in Chicago. The United Center is the home of the Chicago Bulls
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Billerica, Mass. — PROCON has broken ground on the redevelopment of Billerica Mall on the northern outskirts of Boston. Development plans include the demolition of an 84,000-square-foot structure that was vacated by Kmart several years ago and the construction of
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