Coon Rapids, Minn. — Hanley Investment Group Real Estate Advisors has arranged the sale of a newly constructed, 6,297-square-foot two-tenant retail pad in Coon Rapids, roughly 15 miles outside Minneapolis. Fast-casual restaurant chain Dave’s Hot Chicken and medical spa Chapter Aesthetic Studio occupy the building, which is situated within the Riverdale Commons retail center on a 10-year lease. Dave’s Hot Chicken totals 2,797 square feet, while Chapter Aesthetic Studio totals 3,500 square feet. Jeff Lefko and Bill Asher of Hanley, in association with Robert Wise and Jeff Jiovanazzo of CBRE, …
Mesa, Ariz. — SimonCRE has acquired 64 acres of land for a new mixed-use development, dubbed Medina Station, in Mesa, roughly 20 miles outside Phoenix. Plans for the roughly 305,335-square-foot project include a multi-tenant retail center, retail outparcels, a restaurant district and a multifamily residential complex. Tenants at Medina Station will include Boot Barn, Einstein Bros. Bagels, Zara Nails, Café Zupas, GoodVets, U.S. Bank and Hawaiian Bros Island Grill. A Target store and a two-story, 80,000-square-foot Dick’s Sporting Goods will anchor the development. SimonCRE plans to break ground on the …
Coon Rapids, Minn. — Hanley Investment Group Real Estate Advisors has arranged the sale of a newly constructed, 3,893-square-foot single-tenant retail pad in the Coon Rapids suburb of Minnesota. Fast-casual restaurant Café Zupas occupies the building, which is situated within the Riverdale Commons retail center, on a 10-year, triple-net-lease basis with scheduled rent increases every five years. Founded in 2004, Utah-based Café Zupas currently operates 70 locations across eight states. Jeff Lefko and Bill Asher of Hanley Investment Group, in association with Robert Wise and Jeff Jiovanazzo of CBRE, represented …
Gilbert, Ariz. — Scottsdale, Arizona-based Diversified Partners has opened Mercy Center, an 11-acre mixed-used development in Gilbert, approximately 22 miles southeast of Phoenix. A mix of retail and office tenants — Galleria Nails; Prizm Dental; Honoré Skin Clinic; Beem Light Sauna; Brickhouse Dental; and Willow Midwife — have already opened. Kolache Café and The Cabinet Design Studio are under construction and will soon join the tenant roster. Additionally, Arizona’s largest Starbucks Coffee is open at Mercy Center, which features a two-story design, a 23-car drive-thru, designated mobile order parking, an …
East Brunswick, N.J. — Three new tenants have signed leases at Legacy Place, a mixed-use development in East Brunswick. Bonesse’s Tomato Apizza, H20 Henna Hues Organic and Kumon will occupy 3,010; 1,700; and 1,360 square feet at the property, respectively. The businesses will be situated on the ground floor of the development’s mid-rise apartment building at One Legacy Place. One retail space is still available for lease. Its sister building, Two Legacy Place, is currently under development and will include 9,000 square feet of additional retail leasing opportunities. Michael Gartenberg of Garden …
Santa Rosa, Calif. — Montgomery Village, a 280,000-square-foot shopping center located in the North Bay Area of Santa Rosa, has introduced its second wave of new tenants. The first wave of leases, which were announced earlier this year, included activewear retailer Vuori, as well as confectionary concepts Salt & Straw and Sprinkles. Additionally, eight more retail and restaurant concepts will join the tenant roster, including Blue Bottle Coffee, Bluemercury, Club Pilates, FACE FOUNDRIÉ, Fieldwork Brewing Company, FP Movement, Mendocino Farms and Sweetgreen. All 11 tenants are set to open within …
Las Vegas — Phenix Salon Suites has six new locations in Vancouver, Washington; New York City; Schererville, Indiana; Long Beach, California; and Cedar Hill, Texas. The Las Vegas-based company began franchising in 2012 and has 400 locations open across 33 states with plans to expand internationally.
Westlake, Ohio — Stark Enterprises has leased space to 11 tenants at Crocker Park, the locally-based developer’s mixed-use property in Westlake. A mix of retail and restaurant concepts — Color Me Mine; Garage; Océanne; State & Liberty; Ten Seconds Yunnan Rice Noodle; Tradehome Shoes; and Vera Bradley — have already opened or will be opening in March. Existing retail and office tenants including Arhaus, Palmer Holland and Lucky Shoes have expanded their locations or moved into larger spaces within the development. CPL Architecture, Engineering & Planning has also leased office …
El Centro, Calif. — CBRE has been selected to provide leasing and management services for Imperial Valley Mall, a 761,275-square-foot shopping center located in El Centro. Tryperion Holdings, Peak Financial Partners and Duke Real Estate acquired the center earlier this month, with plans to invest in facility operations and improvements to the physical infrastructure of the building. Joe Yetter and John Stevens of CBRE will manage leasing efforts for the property. Opened in 2005, Imperial Valley Mall is anchored by Dillard’s, JCPenney, Macy’s and a Cinemark Theatre.
Middletown, Del. — Blenheim Group has broken ground on a 64,000-square-foot Weis Markets location at Bayberry Town Center, a mixed-use development currently underway in Middletown. Marking its fourth store in Delaware and its first ground-up development, the location will include fresh food departments, a grocery department and pharmacy, as well as a Weis Gas N’ Go fuel center. The grocery store and fuel center are scheduled to open in the fourth quarter of 2025. Weis Markets is part of the larger master-planned community of Bayberry Town Center, which will span …