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North-County-Mall
CaliforniaDevelopmentInvestment salesNews

Bridge Group Investments, Steerpoint Capital Acquire 1.3 Million-Square-Foot North County Mall in Southern California

by Hayden Spiess

Escondido, Calif. — Bridge Group Investments and Steerpoint Capital have acquired North County Mall in Escondido, about 30 miles north of San Diego. Unibail-Rodamco-Westfield (URW) was the seller, according to the Escondido Times-Advocate. The sales price was undisclosed. Situated on almost 83 acres, North County Mall totals nearly 1.3 million square feet. Tenants include Target, Macy’s, JC Penney, 24 Hour Fitness, Forever 21, H&M, Apple, Cheesecake Factory, BJ’s Restaurant and Brewhouse, Black Angus Steakhouse, On the Border and more. The mall opened in 1986. Although no plans were released for …

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Aureum_Franklin_Nashville
DevelopmentMixed-useNewsTennessee

Chartwell Hospitality, Southstar Break Ground on $500 Million Aureum Mixed-Use Development Near Nashville

by Hayden Spiess

Franklin, Tenn. — A joint venture between locally based developers Chartwell Hospitality and Southstar has broken ground on Aureum, a $500 million mixed-use development located in the Nashville suburb of Franklin. Situated in the city’s Cool Springs district, the 22-acre development will feature residences, shops, restaurants, entertainment venues, offices and two hotels, as well as five acres of open space featuring parks and trails. “We are the first to market with an all-in-one entertainment, hospitality and residential community that hasn’t been seen before in this area,” says Rob Schaedle, president …

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Shoppes-of-Westlake-Commons-Westlake-Fla
DevelopmentFloridaNews

Konover South Breaks Ground on 23,000-Square-Foot Retail Center in Southeast Florida

by Hayden Spiess

Westlake, Fla. —Konover South has broken ground on Shoppes of Westlake Landings in Westlake, in the southeastern part of the state. Upon completion, the 23,000-square-foot development will comprise two multi-tenant shopping centers and a pod of quick-service restaurants. Konover acquired the property from Minto Communities in 2021. MEC Construction is serving as general contractor. Tenants that have signed leases at the center include Starbucks Coffee, KFC, Taco Bell, Habit Burger, 3Natives, Heartland Dental, Verizon Wireless, Go Green Cleaners and Orange Theater.

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Market-57-Food-Hall-New-York-City
DevelopmentLeasingNew YorkNewsRestaurants

Pier 57 Unveils 15-Vendor Lineup for Market 57 Food Hall in New York City

by Hayden Spiess

New York City — Pier 57 has announced the vendor lineup for Market 57, a new food hall located in Pier 57 on the Hudson River waterfront in in New York City. Curated by anchor tenant the James Beard Foundation (JBF), the list features 15 food and beverage vendors. The lineup includes Ammi, Bessou, Bird & Branch, Due Madri by Butcher Girls, Local Roots, LoLo’s on the Water, Malai, Mijo, Mothershuckers, Nom Wah, Harlem Hops, The Galley by Lobster Place, The Good Batch, Ras Plant Based and Zaab Zaab. Market …

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High-Street_Atlanta
DevelopmentGeorgiaLeasingMixed-useNews

GID Signs Four New Retailers to Join $2 Billion High Street Mixed-Use Development in Atlanta

by Hayden Spiess

Atlanta — GID Development has signed four new tenants to join High Street, a $2 billion mixed-use, transit-oriented development underway in Atlanta’s Central Perimeter submarket. Phase I of the development, which will span 10 city blocks near the Dunwoody MARTA station, is set to come on-line in 2024. The new tenants joining High Street include three food-and-beverage concepts — Agave Bandido, Cuddlefish and Ben & Jerry’s — as well as boutique beauty salon Sugarcoat. Previously committed tenants at High Street include Puttshack and Hampton Social. In addition to 150,000 square …

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Limestone-Marketplace-Gainesville-Ga
DevelopmentGeorgiaGrocery-anchoredInvestment salesNews

Branch Properties Acquires Land to Construct 76,764-Square-Foot Shopping Center Near Atlanta

by Hayden Spiess

Gainesville, Ga. — Branch Properties has acquired 14 acres for the construction of Limestone Marketplace in Gainesville, roughly 55 miles northeast of Atlanta. Upon completion, the shopping center will comprise 76,764 square feet and feature a 54,964-square-foot Publix. The property will also include three outparcels ranging in size from one to three acres. Branch will break ground on the development in spring of this year, with completion of construction scheduled for the second quarter of 2024.

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Metrocenter-Mall-Redevelopment-Rendering-Phoenix
ArizonaDevelopmentInvestment salesNews

Joint Venture Completes Acquisition of Metrocenter Mall in Phoenix, Begins $850 Million Redevelopment

by Hayden Spiess

Phoenix — Concord Wilshire Capital and TLG Investment Partners, in partnership with Carl DeSantis’ CDS International Holdings Inc., have completed the acquisition of the Metrocenter Mall in Phoenix. The development group has formed a strategic alliance with Hines, an international real estate firm, to redevelop and repurpose the Metrocenter Mall into a walkable village that will be home to apartments, condominiums, curated boutiques, popular retail stores, restaurants, bars, a town-center park and other commercial and entertainment venues. The property spans approximately 64.2 acres of land in a Qualified Opportunity Zone. …

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ArizonaDevelopmentMixed-useNews

Thompson Thrift Breaks Ground on 12-Acre Commercial Portion of Mixed-Use Development Near Phoenix

by Hayden Spiess

Glendale, Ariz. — Thompson Thrift has broken ground on the 12-acre commercial portion of a mixed-use development underway in the northwest Phoenix suburb of Glendale. Sitting on a larger 24-acre parcel, the property will include tenants such as Black Rock Coffee, Cobblestone Auto Spa, Whataburger, Slim Chickens, QuikTrip, Extra Space Storage and a 122-room hotel. Tenants are expected to begin opening later this year. The site is located less than three miles from the city’s Sports and Entertainment District, which features State Farm Stadium, the home of the Arizona Cardinals …

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DevelopmentLeasingNewsTexas

Gulf Coast Commercial Group Signs Leases with Two Tenants at Retail Project Near Houston

by Hayden Spiess

Manvel, Texas — Gulf Coast Commercial Group Inc. has inked leases with two tenants, the first to sign on to the firm’s upcoming retail development in Manvel, roughly 24 miles south of Houston. Comprising 20,700 square feet, construction on the project is scheduled to begin this spring. Next Level Urgent Care will open a 3,000-square-foot location at the property, and dental practice Smile Professionals will lease a 2,500-square-foot space. Danny Miller of Gulf Coast represented the landlord in the lease negotiations. Alexander Frias of Phelps Commercial Realty represented Smile Professionals.

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Shops-at-N-Bridge-Weslaco-Texas
DevelopmentLeasingNewsRestaurantsTexas

Texas Roadhouse Signs 7,926-Square-Foot Lease at Retail Center in Southern Texas

by Hayden Spiess

Weslaco, Texas — Texas Roadhouse will open a 7,926-square-foot restaurant as the anchor tenant at the Shops at N Bridge, a retail center currently under development in Weslaco, near the Mexican border. Garansuay Group broke ground on the development in June 2022. Other tenants will include Freddy’s Frozen Custard & Steakburgers, James Avery, Paris Bakery, Jeremiah’s Italian Ice, Juice US, Benjamin Moore Paints, Cita’s Boutique, Allure Nails & Spa and Stefano’s Brooklyn Pizza. Openings are scheduled to begin this summer.

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