Leasing

AlabamaLeasingNewsRetailers

GBT Realty Signs HomeGoods, Shoe Station at Tuscaloosa Shopping Center

by Alex Tostado

Tuscaloosa, Ala. — GBT Realty has signed HomeGoods and Shoe Station to lease space at McFarland Plaza, a 234,000-square-foot retail power center located in Tuscaloosa, Alabama, one mile south of the University of Alabama. HomeGoods will backfill a former Toys ‘R’ Us store spanning 23,000 square feet, and Shoe Station will lease 11,900 square feet. The center was 97 percent leased at the time of sale to tenants such as Ross Dress for Less, T.J. Maxx, Stein Mart, Cato Fashions, Michaels and Pet Supplies Plus. GBT Realty’s leasing team is …

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LeasingNewsRestaurantsTennessee

Local Brewery, Coffee Shop to Join Sylvan Supply Project in Nashville, Tennessee

by Alex Tostado

Nashville, Tenn. — Bearded Iris Brewery and Barista Parlor, both local to Nashville, have signed leases to join the tenant lineup at Sylvan Supply in Nashville. Third & Urban and FCP are renovating the 96-year-old mill on Charlotte Avenue into a six-building, 130,700-square-foot mixed-use development that will feature office space, outdoor areas and 32,850 square feet of retail and dining space. Bearded Iris Brewery, named for Tennessee’s state flower, will brew experiential batches exclusive to the location, as well as its full portfolio of beer. Barista Parlor will offer coffee …

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FloridaLeasingNewsRestaurants

Seafood Restaurant, Entertainment Concept to Join Lineup at Celebration Pointe in North Florida

by Alex Tostado

Gainesville, Fla. — Celebration Pointe developers have signed a lease to bring in The Keys, a fresh seafood restaurant and entertainment venue. The Keys is locally owned by Tony Espetia, a real estate professional with Coldwell Banker M. M. Parrish Realtors and former owner of Rum Runners and Fat Tuesday in Gainesville, Florida; Brad Heron, the current owner of Rockeys Dueling Piano Bar; and Diego Ibanez, who has more than 25 years of restaurant experience and is the co-owner of Emiliano’s Café, a longtime family-owned restaurant that started as a …

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Reonomy Tenant Data
FeaturesIndustry ContentInvestment salesLeasing

Retail’s Comeback Calls for Comprehensive Tenant Data to Maximize Investment and Development Strategies

by SCB Staff

Gone is the so-called “retail apocalypse.” Over the past year, the asset class has made a significant comeback; CBRE states that number of total retail property sales increased by 6.1 percent year-over-year at the end of Q3 2018 — the biggest gain for the sector since 2012. Considering the current level of consumer confidence, the diversification of mixed-use space, and a relatively strong economy, retail will almost certainly continue its steady growth throughout 2019. While this trajectory is promising for the real estate community, it’s also leaving investors and developers …

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FloridaLeasingNewsRestaurants

Bromley Cos. to Bring True Food Kitchen to $500 Million Midtown Tampa Project

by Alex Tostado

Tampa, Fla. — The Bromley Cos. has signed True Food Kitchen to a 5,000-square-foot lease in Midtown Tampa, a $500 million, 22-acre development in Tampa. This marks True Food’s first west central Florida location. Integrative medicine expert Andrew Weil co-founded the Oprah Winfrey-backed health-driven restaurant that operates several locations in Jacksonville, Naples and Boca Raton, Florida. The Bromley Cos. — in collaboration with Casto Southeast Realty Services, Jeffrey Anderson Real Estate Co., Crescent Communities and Concord Hospitality —has also signed Whole Foods Market to a 48,000-square-foot space within the project.

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LeasingNewsRestaurantsTexas

Three New F&B Concepts to Open at 265-Acre Mixed-Use Development in Houston

by Alex Tostado

Houston — Three new food and beverage concepts will open at Memorial City, a 265-acre mixed-use development in Houston owned by local firm MetroNational. A 7,000-square-foot space will be built for Kirby Ice House, with construction beginning this summer and the bar opening in fall 2020. A 5,830-square-foot space will be constructed for burger and milkshake concept Mia’s Table, and a 4,550-square-foot space will be built for Austin, Texas-based Torchy’s Tacos. Construction of both of those venues will begin this spring, with openings slated for next spring.

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LeasingNewsOhioRetailers

J. Crew, Sephora Join Retail Lineup at Pinecrest in Cleveland

by Alex Tostado

Cleveland — J. Crew and Sephora are the latest retail tenants to join Pinecrest, a 750,000-square-foot mixed-use development in Cleveland’s Orange Village. The retailers are set to open later this year. J. Crew will occupy 5,700 square feet and Sephora will occupy 5,500 square feet across from Pottery Barn. Previously announced tenants at the Fairmount Properties-developed Pinecrest include REI, West Elm, Shake Shack and Vineyard Vines.

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FloridaLeasingNewsRetailers

New Tenants Join Delray Square

by Alex Tostado

Delray Beach, Fla. — Publix has opened a 45,000-square-foot store in Delray Square, a 150,000-square-foot retail center in Delray Beach. Delray Square was built in the 1970s and was recently renovated by The Keith Corp. Pet Supermarket, Chick-fil-A and Chipotle Mexican Grill are expected to open in the fall. AT&T, Elements Massage, Great Clips, Lee Nails, Mattress Firm, Metro Diner and Sola Salon Suites have all joined the tenant lineup, although a timeline for the retailers to move in was not disclosed. The Shopping Center Group is the exclusive leasing …

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CaliforniaLeasingMixed-useNews

Jordan Downs Plaza Gets Four New Tenants

by Alex Tostado

Los Angeles — Nike, Smart & Final Extra, Ross Dress for Less and Blink Fitness have all signed leases at Primestor Development’s Jordan Downs Plaza, a mixed-use project in Los Angeles’ Watts neighborhood. The four retailers will occupy nearly 75 percent of the retail component of the $5 billion project. Situated on 9.5 acres, the 113,000-square-foot asset is scheduled to be complete this fall. At full build-out, the property will also offer 1,400 residential units. Financial backing for Jordan Downs is coming through the federal government through its New Market …

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LeasingNewsNorth CarolinaRetailers

HomeGoods, Rack Room Shoes to Anchor Phase II of New Bern Marketplace in Coastal North Carolina

by Alex Tostado

New Bern, N.C. — Columbia Development has signed leases with HomeGoods and Rack Room Shoes to anchor Phase II of New Bern Marketplace in New Bern, North Carolina, a town situated along the Neuse River near the Atlantic Ocean. HomeGoods will occupy 22,000 square feet of space while Rack Room Shoes will occupy 6,139 square feet. Phase II is underway with both stores expected to open in early 2020. Columbia Development is developing the 330,000-square-foot neighborhood center and recently opened the nation’s largest Harris Teeter, as well as other tenants …

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