Glendale, Ariz. — Diversified Partners has broken ground on Shops at the Cardinal, a 25,000-square-foot shopping center located in Glendale, approximately nine miles northwest of Phoenix. Situated near State Farm Stadium, the $20 million project will span nine acres and feature a mix of retail and restaurant concepts, as well as multiple drive-thru options and outdoor seating. Confirmed tenants at the property — which is nearing full lease-up — include Swig; Señor Taco; Nautical Bowls; Starbucks Coffee; Bonchon; Pacific Dental Services; La Botana; Jeremiah’s Italian Ice; a Mexican sushi concept; a nail …
Development
Bentonville, Ark. — Sam’s Club, a division of Walmart, has announced plans to remodel all 600 of its existing membership-based stores nationwide. As part of its long-term strategy, Sam’s Club will also open 30 new locations over the next several years while building a pipeline to begin opening 15 new clubs annually. This marks the first expansion since 2017 after Sam’s Club closed 62 locations in 2018. The stores will be modeled after the Grapevine, Texas, location, which opened in December 2024. The new locations will span 160,000 square feet …
Barclay Group Acquires Site in Nevada for $25.6 Million, Plans 400,000-Square-Foot Retail Center
Sparks, Nev. — Barclay Group has acquired a 46.7-acre site in Sparks for $25.6 million, with plans to develop the property into a 400,000-square-foot retail center. Dubbed Kiley Ranch Marketplace, the development will become the first new retail power center in Sparks since 2005. Phase I of the project is scheduled for completion in the fourth quarter of 2026. Shawn Smith and Sean Retzloff of Kidder Mathews represented both Barclay Group and the seller, KM2 Development, Inc., in the transaction. Kidder Mathews will also handle leasing for the project.
Reisterstown, Md. — Greenberg Gibbons has completed the expansion of a retail building, which now totals 15,000 square feet, at Reisterstown Shopping Center, a 167,212-square-foot shopping center located in the Baltimore suburb of Reisterstown. The retail building includes an 11,076-square-foot renovated Advance Auto Parts, which is now open. Two additional tenants at the building — Jersey Mike’s Subs and Quickway Japanese Hibachi — will open this fall. Other tenants at Reisterstown Shopping Center include Lidl, Big Lots, Walgreens, Planet Fitness, Starbucks Coffee, Chick-fil-A, Bank of America, Wells Fargo and Dollar Tree. …
West Chester Township, Ohio — A partnership between Sansone Group and Clous Road Partners has broken ground on Village North, a 90,000-square-foot retail project in West Chester Township, approximately 17 miles north of Cincinnati. Upon completion, the 12.6-acre development will feature five buildings and be anchored by a 40,000-square-foot Whole Foods Market. Buffalo Construction is serving as the general contractor, and Cushman & Wakefield will manage leasing for the project. Village North is scheduled to open in 2026.
McDonough, Ga. — Halpern Enterprises has completed a 6,486-square-foot, multi-tenant retail strip center located in the southern Atlanta suburb of McDonough. The three-tenant property is part of the 20-acre North McDonough Village mixed-use development. The property includes a 2,486-square-foot Starbucks Coffee with a drive-thru and a 2,000-square-foot dental office, with the remaining 2,000 square feet available for lease. The Starbucks recently opened with a 10-year lease. Brad Oppenheimer led the project on behalf of Halpern Enterprises and secured the lease with Starbucks. Palmer Bayless of Emerge Real Estate Services represented …
Lucas, Texas — Younger Partners has brokered the sale of a 42-acre parcel of land in Lucas, roughly 30 miles northeast of Dallas, to Lucas Crossing Ltd., an affiliate of Dallas-based Malouf Interests. According to Younger Partners, the buyer intends to develop a 130,000-square-foot grocery-anchored shopping center, a 25,000-square-foot restaurant village with 15 adjacent pad sites and a community park on the site. Construction for the project is scheduled to begin in the fourth quarter of 2025, with completion anticipated for 2026. Michael Ytem and Tom Grunnah of Younger Partners represented …
Miami — The Miami-Dade County Commission has granted final approval for Little River District, a $3 billion mixed-use development in Miami’s Little River and Little Haiti neighborhoods. SG Holdings, a joint venture between Swerdlow Group, SJM Partners and Alben Duffie, is the developer. Spanning 63 acres, the project is expected to include more than 5,700 affordable and workforce housing units alongside big box retail stores, small businesses, a major grocery operator, green public space and transit infrastructure with the addition of a new train station. Construction is expected to begin in …
Grants Pass, Ore. — A little over a month after unveiling its 1,000th retail location, drive-thru coffee chain Dutch Bros Inc. is expanding its operations with goals to reach 2,029 shops by 2029. Originating in 1992 as a pushcart by the railroad tracks in downtown Grants Pass, Dutch Bros opened its first franchise in 2000. Dutch Bros Coffee now has a significant presence in the Pacific Northwest and is expanding with more locations across the United States, moving eastward to Florida, Texas, Oklahoma and Georgia. Looking further out, Dutch Bros …
Peabody, Mass. — Simon Property Group has completed the redevelopment of Northshore Mall located in Peabody, roughly 15 miles northeast of Boston. The shopping center is now home to 140 specialty retailers, dining options and entertainment experiences. New tenants that have either recently been announced or have already opened include a 116,000-square-foot Life Time Fitness, as well as Arhaus and L.L. Bean. Interactive gaming experience Immersive Gamebox, Golf Lounge 18 and Gametime Lanes & Entertainment — which offers bowling and other games in addition to food and drink — are …