Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment and its returns need to provide an investor a reason
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Willow Grove, Pa. — Federal Realty Investment Trust has broken ground on the second phase of construction at Willow Grove Shopping Center, a 211,000-square-foot development located in Willow Grove. The second phase, which is scheduled for completion in the summer
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Frisco, Texas — StreetLights Residential has unveiled plans for The Mix, a $3 billion mixed-use project located at the intersection of Dallas Parkway and Lebanon Road north of Dallas’ Platinum Corridor in Frisco. The 112-acre project is set to include
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New York City — The New York City Council has approved Innovation QNS, a $2 billion mixed-use project that will be located in the Astoria neighborhood of Queens, according to reports from multiple news outlets including Crain’s and Patch. A
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Brooklyn, N.Y. — Brooklyn Brewery, an independent craft beer brewer founded in 1988, has signed a lease at 1 Wythe Ave. in the Williamsburg neighborhood of Brooklyn. Developers will begin work on the property later this year, and beginning in
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Berkeley Heights, N.J. — Connell Co. has unveiled plans for expansion at The Park, a 185-acre mixed-use campus in the Northern New Jersey community of Berkeley Heights. The latest phase of The Park will be known as The District and
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Los Angeles — Parkview Financial has provided a $35 million senior construction loan to a venture between Ratkovich Co. and Jerico Development for the development of West Harbor, a retail center along the Los Angeles waterfront in the San Pedro
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Portland, Maine — Wilder has taken on the role of development partner at Rock Row, a 2 million-square-foot mixed-use property centered around a 26-acre natural stone quarry located in Portland. This move marks an expansion on the company’s involvement as
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Newport, Ky. — North American Properties (NAP) has partnered with Galley Group, a Pittsburgh-based food hall operator, to open a new food hall and bar at Newport on the Levee, a mixed-use destination along the Ohio River in Newport. The
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Franklin, Tenn. — Toro Development Co. (TDC), Highwoods Properties Inc. and Ignite Realty Partners (IRP) have partnered to develop Ovation, a 145-acre mixed-use project located in Franklin, roughly 20 miles south of Nashville. Highwoods will deliver the office component of
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Trexlertown, Pa. — The Home Depot will open a 136,000-square-foot store at Macungie Crossing, a 182,000-square-foot shopping center that is under construction in the Lehigh Valley community of Trexlertown. New York City-based RD Management is developing the project, construction of
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Norcross, Ga. — Tile Tech Renewal Co. has appointed terra alma to lease space comprising over an acre and several buildings at South End, a mixed-use property in downtown Norcross, about 20 miles outside of Atlanta. Redevelopment efforts will include
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