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DevelopmentGrocery-anchoredNewsTexas

Weitzman Completes Renovation of 175,000-Square-Foot Shopping Center in Plano, Texas

by Hayden Spiess

Plano, Texas — Weitzman has completed the renovation of Willow Bend Market, a 175,000-square-foot retail center located in Plano. The center was originally built in 1997 and is anchored by grocer Tom Thumb, and the reconfiguration of that store represented a major piece of the renovation. Bernard Shaw of Weitzman oversaw the project, with Emilie Paulson of Weitzman acting as project leasing agent. Additional upgrades included the enhancement of building electrical systems, parking areas and landscaping, as well as other aesthetic improvements. Willow Bend Market also features an array of …

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CaliforniaDevelopmentLeasingNews

Progressive Arranges 70,000-Square-Foot Lease with Target in Metro Los Angeles

by Hayden Spiess

Ontario, Calif. — Progressive Real Estate Partners has completed a lease with Target at Vineyard Freeway Center in Ontario, a 151,000-square-foot shopping center approximately 35 miles east of Los Angeles. Target will occupy 70,000 square feet of a building formerly leased to Kmart, which closed in 2018. Planet Fitness leased 24,000 square feet at the building earlier this year. Target’s new lease marks full occupancy of the 94,000-square-foot space. Paul Galmarini and Paul Su of Progressive represented the landlord in the negotiation. Jeff Nichols and Ryan Sullivan of CBRE represented …

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Magnolia-Village-Houston
DevelopmentLeasingMixed-useNewsRestaurantsTexas

Seven New Tenants Sign on to 60-Acre Development in Houston

by Hayden Spiess

Houston — Magnolia Village, a 60-acre mixed-use development currently under construction in Houston, will see the addition of seven new tenants to its 36-acre first phase. Gulf Coast Commercial Group Inc. has secured leases with Crust Pizza Co., Pacific Dental Services, Taco Bell, McDonald’s, Mister Car Wash, Sports Clips Haircuts and Nails of America. Danny Miller of Gulf Coast represented the landlord in all negotiations. Thomas Holdsworth of Ironbridge Realty Partners also represented the landlord in the agreements with Crust Pizza Co., Pacific Dental Services and Nails of America. Brett …

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Annapolis-Town-Center-Annapolis-Md
DevelopmentGrocery-anchoredLeasingMarylandMixed-useNews

Trademark Completes Renovation of 2 Million-Square-Foot Mixed-Use Development in Annapolis

by Hayden Spiess

Annapolis, Md. — Trademark Property Co. has completed the renovation of Annapolis Town Center, a mixed-use development comprising 2 million square feet in Annapolis. Improvements to the property included the addition of green space and a new community gathering area called Green Village; a climate-controlled paseo for improved connectivity and walkability; improved signage and wayfinding; and art from local artists. Whole Foods Market and Target anchor the property, which is home to retailers including Anthropologie, Restoration Hardware and Paper Source. A number of new tenants are set to open within …

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CaliforniaDevelopmentMallsMixed-useNews

DJM, PGIM Receive Approval for Mixed-Use Project at Bella Terra Shopping Center in Metro Los Angeles

by Hayden Spiess

Huntington Beach, Calif. — A partnership between DJM and PGIM has received approval for a mixed-use redevelopment project at Bella Terra, an 852,000-square-foot retail property located roughly 35 miles outside Los Angeles in Huntington Beach. Plans for the project, now approved by the Huntington Beach City Council, include the demolition of a 149,000-square-foot Burlington Coat Factory-occupied building and an adjacent 33,000-square-foot building. The partnership will replace the existing buildings with a low-rise structure featuring 25,000 square feet of ground-floor retail and restaurant space and five stories of residential space, comprising …

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DevelopmentMixed-useNew YorkNews

Joint Venture Explores Mixed-Use Redevelopment Options for 10-Acre The Galleria at White Plains

by Hayden Spiess

White Plains, N.Y. — Pacific Retail Capital Partners (PRCP) and Aareal Bank have formed a new joint venture with SL Green Realty Corp. and the Cappelli Organization to consider redevelopment options for The Galleria at White Plains, a 10-acre indoor shopping mall in the New York City suburb of White Plains. The envisioned renovations to The Galleria are part of a larger renaissance for the area. The mall is part of a qualified Opportunity Zone, meaning that new investments in the area may be eligible for preferential tax treatment under …

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DevelopmentMixed-useNevadaNews

Agora Realty Starts Construction of 29-Acre Mixed-Use Project in Downtown North Las Vegas

by Hayden Spiess

North Las Vegas, Nev. — Agora Realty and Management has broken ground on a 29-acre mixed-use, master-planned commercial district in downtown North Las Vegas. The redevelopment project is located at the gateway to the city, east of Interstate 5 along Lake Mead Boulevard and north along Las Vegas Boulevard. Scheduled for completion in 24 months, the $105 million project will include 200,000 square feet of retail space and 125,000 square feet of healthcare and medical office space. Earlier this year, Agora started construction on a 22,000-square-foot medical office building that will …

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Gallatin-Crossing-Bozeman-Mont
DevelopmentGrocery-anchoredMontanaNews

Shopping Center in Bozeman Undergoes $50 Million Redevelopment, Signs Montana’s First Whole Foods Market

by Hayden Spiess

Bozeman, Mont. — Gallatin Valley Mall, a retail center located in Bozeman, is currently undergoing a multi-phase, $50 million redevelopment. To be known as Gallatin Crossing, the property will be mixed-use and feature retail, entertainment and medical space. The latter will include a 45,000-square-foot Medical Pavilion that brings together Intermountain Healthcare and Ortho Montana PSC. Whole Foods Market will also join the property with a location that marks its first in the state. The first phase of development for the project, which began in September 2022, is scheduled for completion …

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DevelopmentGeorgiaInvestment salesNews

US Fitness Holdings Acquires 69,000-Square-Foot Sports Club in Metro Atlanta

by Hayden Spiess

Woodstock, Ga. — US Fitness Holdings LLC has announced a definitive agreement to acquire a property at 301 Gold Creek Trail in Woodstock, roughly 30 miles north of Atlanta. The 69,000-square-foot sports club, currently operated as a Gold’s Gym, will be converted into a Onelife Fitness club. Onelife will retain existing staff and memberships and invest a projected $1.5 million into updating the facility. Amenities will include cardio and strength equipment, turf training areas, a spin studio, studios featuring fitness classes, a sauna, recovery studio, Olympic lifting platforms and a …

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Lincoln-Square-Arlington-Texas
DevelopmentInvestment salesMixed-useNewsTexas

Trademark Acquires 470,000-Square-Foot Shopping Center in Arlington

by Hayden Spiess

Arlington, Texas — Trademark Property Co. has purchased Lincoln Square, a 470,000-square-foot retail center located at 1500 N. Collins St. in Arlington. Trademark will redevelop the property into a mixed-use development through a 30-year public-private partnership (P3) with the City of Arlington. Terms of the P3 require the developer to invest a minimum of $150 million over the next six years. The City Council has approved a co-investment of $14.2 million, and local residents will have input on the project. Current tenants at the property include Studio Movie Grill, Ulta …

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