Leasing

Twin City Shopping Center

Jersey City, N.J. — North Plainfield, New Jersey-based Levin Management Corp. (LMC) has signed an 8,350-square-foot lease with PB Club to bring the first indoor pickleball facility to Twin City Shopping Center in Jersey City. Nicole Anderocci of LMC represented the landlord in the lease negotiations. PB Club will offer three pro-style indoor courts, a water station, vending and grab-and-go snack options, as well as a lounge area with a private, sound-proof coworking space. PB Club is owned and operated by Ari and Naomi Saposh, who plan to open three …

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The Ranch

Gilbert, Ariz. — A partnership between Las Vegas-based IndiCap, Salt Lake City-based Colmena Group and locally based Langley Properties has received final entitlement approval from the Town of Gilbert’s Planning Commission to begin construction for The Ranch, a proposed $1 billion mixed-use development in Gilbert. Situated near the Phoenix-Mesa Gateway Airport and Arizona State University’s Polytechnic Campus, The Ranch will span more than 295 acres and is anticipated to become Gilbert’s largest mixed-use development to date, according to the development team. The project is also expected to create roughly 6,000 jobs …

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Northside at SanTan Village

Gilbert, Ariz. — Western Retail Advisors has signed leases with five new tenants at Northside at SanTan Village, the first phase of the larger Northside mixed-use development in Gilbert, a suburb of Phoenix. Situated in the SanTan Village corridor, the retail and restaurant component will total 37,289 square feet across six buildings. Perry’s Steakhouse & Grille, the anchor tenant, will occupy 11,000 square feet of restaurant space, marking its first Arizona location. Meanwhile, The Workshop Pilates, The NOW Massage and Face Foundrie are opening their fourth locations in the state. Additionally, …

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Erie Highlands

Erie, Colo. — Evergreen Devco Inc. has broken ground on Erie Highlands, a 12.7-acre neighborhood retail development located in Erie, approximately 27 miles north of Denver. Situated at the southwest corner of Country Road 5 and Erie Parkway, the development will provide dining options and retail services to serve the Town of Erie’s expanding residential base and the adjacent Erie High School community. Evergreen Devco originally acquired the site in January 2025. Golden Triangle Construction will execute the onsite and offsite horizontal infrastructure development, while Legend Partners will handle leasing …

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Postino WineCafe

Westminster, Colo. — Eight new tenants have signed leases to join The Orchard Town Center, a 971,000-square-foot open-air, mixed-use regional shopping center located in Westminster, a northwestern suburb of Denver. Postino WineCafe opened a 4,000-square-foot restaurant at the property this summer, while Swing365 opened a 1,000-square-foot golfing simulator. In late 2025, Miniso will make its arrival with a nearly 6,000-square-foot boutique store near CHICA San Chen and GoGLow, which will open later this year, along with a Men’s Wearhouse. Meanwhile, P.F. Chang’s will open this fall and Texas de Brazil, an …

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JCPenney

Jersey City, N.J. — Onyx Partners of Boston has entered into a binding purchase and sale agreement to acquire 119 JCPenney stores from Copper Property CTL Pass Through Trust, a real estate investment trust created as part of JCPenney’s 2020 Chapter 11 bankruptcy filing, for $947 million. The sale price represents roughly $8 million per store property. The portfolio, which totals nearly 16 million square feet across 34 states, is net leased to JCPenney under a long-term master lease with Penney Intermediate Holdings LLC. The all-cash sale is scheduled to …

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Lincoln Road

Miami Beach, Fla. — The Lincoln Road Business Improvement District (BID) has announced a new wave of retailers and restaurants opening on Lincoln Road, the retail high street of Miami Beach. The new concepts include All’Antico Vinaio, an Italian sandwich concept that will occupy 1,793 square feet at 647 Lincoln Road; Che by Chelsey, an apparel concept that opened its 675-square-foot boutique at 830 Lincoln Road in May; and Davinci Gelato, which opened its 1,350-square-foot gelato shop at 645 Lincoln Road in May. Other newcomers will include Prince Street Pizza …

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Dartmouth, Mass. — PREIT has signed leases with five new tenants at Dartmouth Mall, a 671,000-square-foot regional mall in Dartmouth. Western and work wear retailer Boot Barn will open a 15,000-square-foot store this fall as its first location in the area. Locker Room by Lids expects to open at the end of the month, while Chick-fil-A plans to open as an outparcel at the property later this year. Cinnabon and Carvel have already opened. These additions follow the redevelopment of the former Sears space, which is now occupied by Ulta Beauty …

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The District at Green Valley Ranch

Las Vegas — Vestar has completed the $3 million renovation of The District at Green Valley Ranch, a 385,000-square-foot mixed-use development in Las Vegas. Developed in 2004 and 2005, the renovation project included upgraded signage, refurbished pylons and monuments, enhanced lighting with new fixtures, refreshed paint and improved landscaping, as well as remodeled storefronts, parking areas and entryways. Vestar has also secured a partnership with upscale home goods retailer Pottery Barn, a tenant at the center, to bring higher-quality outdoor furniture to the development’s communal spaces.   The District is currently …

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Redlands, Calif. and Walnut, Calif. — Majestic Realty Retail, a division of Majestic Realty Co., has signed leases with four new tenants across its Southern California retail portfolio. Burlington Stores has already opened at Citrus Plaza, a 545,000-square-foot regional lifestyle power center located in Redlands. Total Wine & More and Handel’s Homemade Ice Cream have also opened at Mountain Grove, Citrus Plaza’s 470,000-square-foot sister project. Additionally, Einstein Bros. Bagels has secured a space at The Village Shopping Center, a 129,000-square-foot shopping center situated in the Los Angeles suburb of Walnut. Main …

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