Development

Merlin Entertainments to Open Peppa Pig Theme Park in Dallas-Fort Worth Metro

by Hayden Spiess March 13, 2023

North Richland Hills, Texas — Merlin Entertainments, an operator based in the United Kingdom, will open a theme park in North Richland Hills, a suburb of Fort Worth, dedicated to children’s entertainment character Peppa Pig. The size of the park, which will feature multiple rides, interactive attractions, themed playscapes and shows, was not disclosed. The location, which is next to the NRH2O Family Water Park, formerly housed Mountasia Family Fun Center. The opening is slated for 2024. Merlin Entertainments, which operates facilities for concepts including Legoland and Sea Life Aquariums, …

March 13, 2023

Development Leasing News Texas

Gordon Food Service to Open Six New Stores in Metro Houston

by Hayden Spiess March 13, 2023

Houston, Katy and League City, Texas — Gordon Food Service will open six new stores in metro Houston, the first Texas locations for the brand. Gordon Food Service Stores provide food products, including packaged and fresh goods, to restaurant owners and other foodservice professionals. Each store will comprise between 25,000 and 30,000 square feet. Four stores will open in Houston, Katy and League City Mar. 14, with an additional two stores opening in Houston at a later date.

March 13, 2023

Development Leasing News Washington

Ulta, At Home Sign Leases Totaling 95,000 Square Feet at Everett Mall Redevelopment in Metro Seattle

by Hayden Spiess March 13, 2023

Everett, Wash. — Ulta Beauty and At Home Stores have signed leases totaling 95,000 square feet at Everett Mall, a property currently undergoing redevelopment in Everett, roughly 30 miles north of Seattle. Both retailers will open spaces within a building that formerly housed Sears. Existing tenant Ulta will occupy 10,000 square feet, with At Home leasing 85,000 square feet. Owner Brixton Capital purchased Everett Mall in 2017 and broke ground on the project earlier this year, which will comprise three phases of redevelopment. Bayley Construction is the general contractor, with …

March 13, 2023

Development Leasing News Restaurants Washington DC

MRP to Open Food Hall with Six Tenants in Washington, D.C.

by Hayden Spiess March 10, 2023

Washington, D.C. — MRP Realty will open Bryant Street Market Food Hall in Washington D.C.’s Edgewood neighborhood. The current tenant lineup includes Alegria Bar, Blowfish Poke, Grassfed Griddle, Taqueria Habanero, Tiger Sugar and Bold Dumpling. Beginning Mar. 17, the market — which is located in residential building The Chase — will be open from 8 a.m. to 9 p.m., remaining open until 10 p.m. on Fridays and Saturdays. Bryant Street Market will also host various pop-ups, and MRP plans to add a 2,400-square-foot event space.

March 10, 2023

Development Mixed-use News Ohio

N.R. Investments Starts Construction of $300 Million Rockwell District Mixed-Use Redevelopment in Whitehall, Ohio

by Hayden Spiess March 9, 2023

Whitehall, Ohio — N.R. Investments has started construction of a three-phase, $300 million mixed-use project located at the corner of East Broad Street and North Hamilton Road in the Columbus suburb of Whitehall. The development will be named Rockwell District, according to reports by Columbus Business First. The 50-acre project, which is being developed in partnership with the Central Ohio Community Improvement Corp. and the City of Whitehall, is set to include 1,000 residential units, 250,000 square feet of Class A office space and 75,000 square feet of retail and …

March 9, 2023

Development News Pennsylvania

Federal Realty Underway on $8 Million Renovation of Shopping Center in Metro Philadelphia

by Hayden Spiess March 8, 2023

Bala Cynwyd, Pa. — Federal Realty Investment Trust is underway on the $8 million renovation and rebranding of Bala Cynwyd shopping center in Bala Cynwyd, roughly 10 miles northwest of Philadelphia. Situated on 23 acres, the center will now be known as Bala Cynwyd on City Ave. Improvements at the property include upgrades to façade aesthetics and pedestrian and vehicle pathways; designated outdoor dining and gathering spaces for both tenants and the public; and the addition of 80 outdoor seats and eight curbside pick-up spaces. Current tenants at the center …

March 8, 2023

California Development Investment sales News

Joint Venture Purchases 8.4-Acre Former Nordstrom Property in Pleasanton, California

by Hayden Spiess March 8, 2023

Pleasanton, Calif. — A joint venture comprising Shopoff Realty Investments, Praelium Commercial Real Estate and an affiliate of Singerman Real Estate LLC has purchased an 8.37-acre property in Pleasanton formerly home to a Nordstrom department store. Located at Stoneridge Mall, the property marks the fourth mall purchase for Shopoff in recent years, according to the company’s president and chief executive officer. Shopoff is currently exploring potential uses — including residential, mixed-use and office — for the space. Stoneridge Mall is one of the sites identified for redevelopment by the City …

March 8, 2023

Development Leasing New Jersey News

Four New Tenants to Join The Shoppes at Print House in Hackensack, New Jersey

by Hayden Spiess March 7, 2023

Hackensack, N.J. — Three new tenants have signed leases at The Shoppes at Print House, a 23-acre redevelopment project currently underway in Hackensack. Hackensack Meridian Health will occupy 6,076 square feet at the development, and Starbucks Coffee and Blue Foundry Bank will lease 3,000 and 2,151 square feet, respectively. Jersey Mike’s will also open a space at the project. Michael Walters, Jonathan Kristofich and Cameron Silverstein of NAI James E. Hanson represented the developers — The Hampshire Cos., Russo Development and Fourth Edition Inc. — in the lease negotiations.

March 7, 2023

Development Leasing News Texas

SVN | J. Beard Real Estate Begins Leasing 9,615-Square-Foot Retail Project Near Houston

by Hayden Spiess March 6, 2023

Magnolia, Texas — SVN | J. Beard Real Estate has begun leasing Country Forest Plaza, a 9,615-square-foot retail project located in Magnolia, about 45 miles northwest of Houston. Tenant spaces will range in size from 1,300 to 5,715 square feet. Kane Dunbar is serving as general contractor for the project, construction of which began in January and is expected to be completed during the summer.

March 6, 2023

Development Indiana Mixed-use News

Thompson Thrift Acquires 62 Acres for $550 Million Expansion of Fishers District Mixed-Use Development Near Indianapolis

by Hayden Spiess March 3, 2023

Fishers, Ind. — Thompson Thrift has acquired 62 acres that will be utilized as part of the $550 million expansion to Fishers District in the northeast Indianapolis suburb of Fishers. The firm concurrently sold a portion of the acquired land to the City of Fishers, where the site will be used for the development of a 7,500-seat arena and event center. The overall expansion of Fishers District includes: Slate, a garden-style multifamily community with direct access to Fishers District; the Union, an expansion to the multifamily and commercial options already …

March 3, 2023

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