Mansfield, Texas — Flix Brewhouse has signed a 15-year lease to open a 40,000-square-foot theater at The Shops at Broad, a retail center located in Mansfield. Scheduled to open this fall, the venue will feature nine auditoriums and offer in-theater dining service. Sam Kartalis of Younger Partners and John Weber of Weber & Co., who manage the property, negotiated the lease on behalf of the landlord, Trez Capital.
Willow Grove, Pa. — Federal Realty Investment Trust has announced plans for the third phase of redevelopment at Willow Grove Shopping Center in Willow Grove, roughly 30 miles outside Philadelphia. Phase III will include the addition of a six-story building offering 260 multifamily units and 20,000 square feet of street-level retail space, alongside a structured parking garage. The development will be located adjacent to an 18,000-square-foot multi-tenant retail building currently under construction. Work on the third phase is expected to begin in fall 2024. Existing tenants at the shopping center will …
Rocklin, Calif. — Circle K has signed a 3,700-square-foot lease at University Square, a 10-acre mixed-use development currently underway in Rocklin. Upon completion, the convenience store and gas station will be situated on a site featuring more than 20,000 square feet of retail space and 5,000 square feet of space for quick-service restaurants. LRE & Cos. is the developer and landlord, and the development is scheduled for completion in late 2025.
Peachtree Corners, Ga. —North American Properties (NAP) has partnered with Politan Group to open a 10,000-square-foot food hall at The Forum Peachtree Corners, a mixed-use redevelopment in metro Atlanta. Scheduled to open in summer 2024, Politan Row at The Forum marks the second food hall for the partnership, following the opening of Politan Row at Colony Square in Midtown Atlanta two years ago. Bell-Butler is designing the food hall, which will feature space for seven independent food-and-beverage concepts, a bar, private event venue and an outdoor patio fronting the greenspace.
North Miami, Fla. — Reserve Padel has announced plans to open a 100,000-square-foot fitness club in North Miami. Upon completion, the venue will feature four indoor and six outdoor padel courts; two pickleball courts; a health and wellness center; Pura Vida restaurant; steam room; and cold plunge pool. Situated within SoLé Mia, a 184-acre master-planned community, the club will mark the first permanent location for the brand.
Houston — Six tenants have signed leases at West on West, a 90,000-square-foot mixed-use development currently underway in Houston. Tsujita Artisan Noodle will open a 2,814-square-foot restaurant at the property, and Paris Baguette will occupy 3,150 square feet. Korean dessert concept SomiSomi and boba chain The Alley have also leased 1,637 and 2,436 square feet, respectively. Additionally, Lady M will open a 2,793-square-foot bakery next spring, and Kaiten-sushi Ginza Onodera will open within a 3,976-square-foot space at the development in spring 2025. Heather Nguyen represented the landlord, NewQuest Properties, in the …
Inglewood, Calif. — Cinépolis Luxury Cinemas will open a 55,137-square-foot theater at Hollywood Park, a mixed-use development currently underway in Inglewood. Scheduled to open this month and dubbed Cinépolis Luxury Cinemas Inglewood IMAX, the space will feature 12 screens and 1,236 seats.
Fort Worth, Texas — The Woodmont Co. has broken ground on Berkshire Corner, a retail center that will total 12,002 square feet in Fort Worth. Upon completion, tenants at the property will include Jersey Mike’s Subs, Blue Mound Nail Spa, Blue Mount Liquor, Mynt Barbershop and ProSmiles Dental. Jake McCoy and Jack Mock negotiated the leases on behalf of Woodmont on an in-house basis. A construction timeline was not disclosed.
New York City — SAGA Hospitality Group will open a 7,000-square-foot restaurant at 360 Park Avenue, a 450,000-square-foot office property in New York City. BXP, which acquired the building in December 2021, is the landlord. Upon opening, the concept will offer coffee and pastries throughout the day and seafood dishes at night.
New York City — Eastern Union has secured a $62.3 million loan for the construction of a mixed-use development in the Brooklyn borough of New York City. Upon completion, the property will total 105,000 square feet, including a 33,000-square-foot Lidl. The project will also feature an additional 12,000 square feet of retail space, 57 residential units, 12,000 square feet of office space and a 9,000-square-foot community facility. Abraham Bergman and Yossi Orzel of Eastern Union arranged the two-year, floating-rate financing through Invictus Real Estate Partners, Maxim Capital Group and Beach Point …
