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 …
Leasing
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.
New Retailers, Office Tenants to Open at Crocker Park Mixed-Use Development in Westlake, Ohio
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.
Blenheim Group Breaks Ground on 64,000-Square-Foot Weis Markets at Bayberry Town Center in Middletown, Delaware
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 …
Hanley Arranges $5.9 Million Sale of Single-Tenant Retail Property in Torrance, California
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.
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 …
Orlando, Fla. — Colliers has arranged the sale of the Narcoossee Cove retail complex to five different buyers for a total of approximately $31 million. Completed in 2024 and situated on 7.7 acres, the property consists of six retail outparcels comprising 36,100 square feet. The transactions include Miller’s Ale House, Fifth Third Bank, Discount Tire, Raising Cane’s and two multi-tenant retail strip centers. Additionally, a roughly 1-acre parcel of land located between Miller’s Ale House and Discount Tire was sold. Michael Brewster and Tommy Isola of Colliers’ Orlando office represented …