Gastonia and Raleigh, N.C. — Charlotte, North Carolina-based department store chain Belk will open two new outlet stores in North Carolina this spring, marking its second and third outlet locations in the state. The stores will occupy the Eastridge Mall in Gastonia and Triangle Town Center in Raleigh. Belk Outlets offer a selection of high-end brands and products at a discounted price; fashion and home merchandise purchased specifically for the outlet locations; and products that come directly from traditional Belk stores. Both locations will continue to operate traditional Belk stores …
Philadelphia — Federal Realty Investment Trust has broken ground on the next phase of redevelopment at Andorra Shopping Center located in northwest Philadelphia. Construction of the property, which began in February 2025, will include a 50,000-square-foot GIANT grocery store and the repositioning of 30,000 square feet of retail space. Additionally, the $30 million redevelopment will feature approximately 14,000 square feet of landscaped plazas and outdoor dining spaces, as well as a 10,000-square-foot KinderCare childcare facility. Andorra Shopping Center is currently home to several retailers including T.J. Maxx, Five Below and …
Torrance, Calif. — Hanley Investment Group has arranged the $5.9 million sale of a newly-constructed, single-tenant property in Torrance, in the South Bay area of Los Angeles. Chipotle Mexican Grill occupies the building — which totals 3,570 square feet — on a 15-year, corporate guaranteed, triple-net lease. Bill Asher, Jeff Lefko and Sean Cox of Hanley represented the buyer, a Los Angeles-based private investor, in the all-cash transaction. Christopher Huddleston of The Sher Group represented the seller, a Los Angeles-based private investor.
Irving, Texas — Weitzman has completed the renovation of Grande Center, a 78,194-square-foot retail center in Irving. The renovation project included new color schemes, exterior resurfacing, LED tenant signage, updated LED pylon signage and LED lighting upgrades for the parking lot. Additionally, the center’s signature tower has been reimagined to include squared-off columns, new paint and wood accents. Tenants at the property — which is more than 96 percent leased — include Hooters, EntertainMART, GameStop, Leslie’s Pool Supplies, Red Wing Shoes, SAS Factory Shoes, Pizza Patrón, La Campiña Salvadoreña, Edible …
Atlanta — Atlanta-based cheeseburger concept Smalls Sliders has signed a franchise agreement with operating group Indy Craves to open 15 new units, dubbed “Cans,” in Indiana. This marks the first multi-unit franchise deal in the state for the brand. Potential locations include Lafayette, Indianapolis, Kokomo, Fishers, Noblesville, Carmel, Muncie, Pendleton, Avon, Plainfield, Greenwood, Terre Haute, Bloomington and Columbus. The first of the 15 restaurants is scheduled to open in the next 12 months, according to a company representative. Smalls Sliders opened its first Can in 2019 and currently has more …
Los Angeles — A partnership between the City of Los Angeles, the Port of Los Angeles, Jerico Development and The Ratkovich Co. has received $61.5 million for the recapitalization of West Harbor, a waterfront retail development in Los Angeles’ San Pedro neighborhood. The recapitalization will fund the completion and stabilization of the dining, entertainment and retail project, which is adjacent to the Port of Los Angeles. The property is more than 80 percent pre-leased. Spanning 42 acres, West Harbor offers 117,205 square feet of leasable building area and 204,000 square …
Phoenix — Barclay Group has developed a total of seven Kroger-anchored shopping centers in Arizona and Colorado, with six of the seven shopping centers located in the greater Phoenix area. The most recent deliveries featured two openings in January 2025, including Flying Horse in Colorado Springs, Colorado, and Morrison Ranch in Gilbert, Arizona. The final two openings — Heritage West in Buckeye, Arizona, and Sycamore Farms in Surprise, Arizona — are scheduled for completion this year. Barclay Group’s expansion into the Phoenix market within the past 15 months is part …
Doylestown, Pa. — Whole Foods Market will open a new 43,617-square-foot store in Doylestown, located 25 miles north of Philadelphia. The new location will feature more than 500 local items from the Mid-Atlantic region, offering customers certified organic produce, a selection of wines and beers, a Whole Foods-curated grocery section and wellness, beauty and lifestyle items. Additionally, the store will include a full-service seafood counter, full-service meat counter, specialty cheese department, hot food bar and bakery. The new location will open March 13.
Cypress, Texas — Fort Worth-based Trademark Property Co. plans to develop a mixed-use retail and restaurant district in the Dunham Pointe Development, a 1,300-acre master-planned community in the Houston suburb of Cypress. The Dunham Pointe Development will feature a mix of residential, office, retail and commercial facilities and have a total of 2,500 custom-built homes. The community will also include a public school. The mixed-use portion of the project will total 205,000 square feet and span 25 acres. According to Trademark, 48 retail, dining and lifestyle tenants have submitted preliminary …
Plano, Texas — Dallas-based Centennial has revised its redevelopment plans for The Shops at Willow Bend, a 1.4 million-square-foot super-regional mall in Plano, to include townhomes and single-family residences. Centennial’s late 2024 acquisition of the Macy’s building at the center — following the retailer’s closure announcement of the location — has enabled the company to add the additional uses. Centennial previously unveiled plans to convert the enclosed center to a mixed-use property called The Bend. Under the plans, a portion of the enclosed mall’s footprint will be demolished to make room for …