Columbus, Ohio — Lucky’s Market has opened a new store in Columbus. Totaling 21,000 square feet, the Lucky’s Market Victorian Village store is part of commercial component of the Thurber Village redevelopment project, which also features a CVS/pharmacy. CASTO is the property developer and landlord.
Leasing
Millville, N.J. — New tenants have signed leases totaling 46,000 square feet at Union Lake Crossing, a 393,000-square-foot retail center located in Millville in southern New Jersey. Irgang Group owns and operates the property, which is anchored by ShopRite. Old Navy will open a 15,000-square-foot store at the property, joining Fun City in occupying a space that formerly housed Dick’s Sporting Goods. Michael Friedman of Inline Realty represented Old Navy in the lease negotiations. Food-and-beverage concepts Five Guys, Poke Bros. and Crumbl have also signed leases at the center, with Five …
Jericho, N.Y. — New York-based Kimco Realty has added nine new tenants to five of its shopping center properties throughout the state of Washington. Holiday China, Sushi Omiya, Sam Income Tax and Magikid Robotics Lab have signed leases at The Marketplace at Factoria in Bellevue and will occupy 1,121; 2,458; 832; and 1,405 square feet, respectively. Food-and-beverage tenants Taco Bell and Emerald City Smoothie will join Pavilions Centre in Federal Way and Gateway Shopping Center in Mill Creek. Taco Bell will occupy 2,680 square feet, beginning this fall, and Emerald City …
Houston — Hospitality group Noble 33 will open a new restaurant at The Pavilion at The Allen in Houston June 4. Toca Madera, a Mexican steakhouse, will span 14,000 square feet, with a 393-seat capacity. The restaurant will feature an outdoor dining patio, two full-service bars, a private member’s club and a private dining room.
Cherry Hill, N.J. — Five new tenants have signed leases totaling 30,000 square feet at Cherry Hill Mall, a 1.4 million-square-foot shopping center located in Cherry Hill. Alo Yoga, Kendra Scott and Signature Workspace are scheduled to open at the property this year. Dry Goods and Rowan have also signed leases at the center, with the latter scheduled to open next spring. PREIT owns and manages the property.
Houston — Eco Thrift, a merchandiser of secondhand goods, has signed a 29,250-square-foot lease at Willowbrook Plaza in northwest Houston. AMC Theatres, Bed Bath & Beyond, buybuyBaby and World Market anchor the 392,542-square-foot power center. Austen Baldridge and Bob Conwell of NewQuest Properties represented the tenant in the lease negotiations. Radkey Jolink, Bruce Wallace and Cole Rainer of Jolink Wallace Commercial represented the landlord.
Peachtree City, Ga. — Six new tenants have signed leases at The Avenue Peachtree City, a shopping center located in Peachtree City, roughly 40 miles outside Atlanta. Beignets and Brew is now open at the property, with HOBNOB Neighborhood Tavern scheduled to open a 5,781-square-foot restaurant later this month. Kendra Scott, Motivate Studios and 9292 Korean BBQ have also signed leases at the center and will occupy 2,000; 2,000; and 8,015 square feet, respectively, beginning this summer. Additionally, Arhaus will open a 7,085-square-foot store at The Avenue Peachtree City later this …
NewMark Merrill: AI, Automation Will Benefit In-Person Retail
Automation is not only here to stay — it’s here to make the tasks of owning, operating, marketing and leasing a shopping center easier. That is the view of Sandy Sigal, chairman, CEO and president of Calabasas, Calif.-based NewMark Merrill Companies. “I see automation as a net positive,” he explains. “The efficiency level inside shopping centers is going to go way up. Customer satisfaction levels are going to go way up too.” Sigal envisions a future where personalization, driven by artificial intelligence (AI), transforms the shopping experience, offering tailored recommendations and …
Wrentham, Mass. — Five new tenants have signed leases at Wrentham Village Premium Outlets in Wrentham. Pottery Barn is scheduled to open later this month at the property, which is also home to sister brand West Elm Outlet. Apparel retailers OFFLINE by Aerie, Hollister Co. and Gilly Hicks have also signed leases at the property. OFFLINE by Aerie will open this summer, and Hollister Co. and Gilly Hicks are scheduled to open this fall. Additionally, Shake Shack will open a restaurant in late winter of this year. Wrentham Village Premium Outlets …
Canton, Mich. — Michaels has signed a 17,514-square-foot lease at Premier Center, a shopping center located in Canton. The new lease brings the property to full occupancy. Other tenants at the center include Kroger, Home Depot and Dick’s Sporting Goods. First National Realty Partners (FNRP) is the landlord.