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Rosamond Crossing Southeast
DevelopmentNewsTexas

Joint Venture to Develop 950,000-Square-Foot Retail Center in Suburban Dallas

by Abby Cox

Anna, Texas — A joint venture between Charlotte, North Carolina-based Big V Property Group and Texas-based The Seitz Group is developing a 950,000-square-foot two-center retail project in the north Texas region of Collin County. The first of two open-air shopping centers that will be built is Rosamond Crossing Southeast, a 175,300-square-foot development situated in Anna, a suburb of Dallas. Kroger will anchor the center, which is already 70 percent leased. Additional tenants will include Bank of America, Chase Bank, Jimmy John’s and McDonald’s. Permitting has begun and sitework is expected to …

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Whitney Ranch
CaliforniaDevelopmentFinanceNews

JLL Arranges $27 Million Construction Loan for 52,200-Square-Foot Retail Center Near Sacramento, California

by Abby Cox

Rocklin, Calif. — JLL Capital Markets has arranged a $27 million construction loan for the development of a 52,200-square-foot neighborhood retail center situated within the master-planned community of Whitney Ranch, roughly 22 miles northeast of Sacramento. Dubbed Whitney Ranch Retail Center, the property will include 35,000 square feet of in-line and standalone retail space, as well as five pad sites totaling 17,200 square feet. Additionally, a 43,000-square-foot Nugget Markets grocer will shadow anchor the retail center. Whitney Ranch Retail Center is currently 60 percent preleased to local, regional and national …

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CaliforniaDevelopmentNews

LRE & Co. Receives County Approval for Retail Development in Crescent City, California

by Abby Cox

Crescent City, Calif. — San Rafael, California-based LRE & Co. has received approval from the Del Norte County Planning Department for a major retail development in Crescent City. The 87,120-square-foot site will provide roughly 12,000 square feet of new retail space for the community. The development will feature a quick-service restaurant building, two retail shop pads with drive-thrus, multiple inline tenant spaces and two additional drive-thru pads. Construction is scheduled to start in early 2026, with phase one of leasing already underway. Additionally, tenant agreements have been secured with a national …

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Architecture and DesignDevelopmentEconomic DevelopmentEntertainmentFeaturesFinanceLeasingMixed-usePower centersRetailersVideosWebinar

Webinar: From Roadblocks to Results: Making Mixed-Use Work in Today’s Market

by Sarah Daniels

The September 17 Shopping Center Business webinar “From Roadblocks to Results: Making Mixed-Use Work in Today’s Market,” hosted by Shopping Center Business and sponsored by KTGY, focused on some of the most dynamic and challenging sectors of retail real estate today: mixed-use developments.  The panelists covered strategies to make these projects work, including the importance of early stakeholder engagement, working with property owners, municipal leaders and community members, as well as ensuring that projects align with local needs and long-term visions.  These retail experts also discussed these key topics and more: Watch this brief webinar …

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Franklin Crossroads Park
DevelopmentMixed-useNewsPennsylvania

IRG, PREP Funds Acquire Washington Crown Center in Suburban Pittsburgh, Plan Redevelopment

by Abby Cox

North Franklin Township, Pa. — A partnership between Los Angeles-based Industrial Realty Group (IRG) and Cleveland-based PREP Funds has acquired Washington Crown Center, a 450,000-square-foot mall near Pittsburgh, with plans to undertake a redevelopment. As reported by the Observer-Reporter, as well as several other media sources, IRG and PREP Funds are jointly investing $40 million for the transformation of the former mall into a mixed-use hub for retail and business that will be called Franklin Crossroads Park. In addition, according to Pittsburgh Business Times, Great Neck, N.Y.-based Kohan Retail Investment Group originally purchased the …

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Veridian
DevelopmentGrocery-anchoredIllinoisNews

UrbanStreet Group Breaks Ground on 30-Acre Retail District at Veridian in Suburban Chicago

by Abby Cox

Schaumburg, Ill. — UrbanStreet Group has broken ground on a 30-acre retail district at Veridian in the Chicago suburb of Schaumburg. The first phase of the district is expected to open in 2027 for apartments, while the retail portion is scheduled for fall 2026. The Veridian project involves the transformation of the former Motorola headquarters campus. The first phase of the retail district will include 100,000 square feet of walkable retail and international cuisine, anchored by a 26,000-square-foot The Fresh Market grocery store along with 321 apartments and year-round community …

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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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