Leasing

Central Park Post Oak

Houston — Houston-based Midway, in collaboration with 3Edgewood and Parkway, has unveiled plans for Central Park Post Oak, a mixed-use redevelopment project located in Houston’s Uptown District. Formerly Post Oak Central, the co-developers will revitalize the 17-acre campus to include additional retail, new restaurants and green space. Midway and Parkway formed a joint venture to acquire the campus in October 2023 before recently buying out their investment partners. Developed by Gerald D. Hines Interests in the 1970s, the campus currently contains three office buildings totaling 1.2 million square feet and 90,000 square …

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The Promenade Bolingbrook

Bolingbrook, Ill. — Brookline Real Estate has partnered with Rhino Investments Group to renovate The Promenade Bolingbrook, a 778,000-square-foot shopping center located in the Chicago suburb of Bolingbrook. Brookline has been hired to oversee leasing and lead a new vision for the open-air lifestyle center with a refreshed mix of retail, service, restaurants and experiential offerings. The center is anchored by Macy’s and Bass Pro Shops, and includes a number of specialty retailers including H&M, Ulta Beauty, DSW, Barnes & Noble, Lane Bryant, Pandora and Victoria’s Secret.

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Gallatin Crossing

Bozeman, Mont. — Grossman Development Group has signed eight new tenants to join Gallatin Valley Mall, a 315,000-square-foot regional shopping center undergoing redevelopment in Bozeman. New retailers at the $100 million multi-phase project, which will be called Gallatin Crossing, include Arhaus, lululemon, Pandora, Sephora, Anthropologie, Free People, Lovesac and Madewell. The mixed-use project’s 45,000-square-foot Medical Pavilion, which houses Intermountain Health, Ortho Montana and Gallatin Valley Surgery Center, opened in August 2024, while High Street, an outdoor retail experience, is set to open in summer 2025. Other tenants at the property …

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West Palm Beach, Fla. — Four new tenants have signed leases to join Nora District, a $1 billion mixed-use project underway in downtown West Palm Beach. The new tenants — Luce, Pompanos Boutique, SWEAT440 and Warby Parker — will debut at Nora District this fall. Developed by West Palm Beach-based NDT Development, Place Projects and Greenwich, Connecticut-based Wheelock Street Capital, Nora District’s first phase — which will be delivered this summer — totals more than 100,000 square feet of retail and 55,000 square feet of creative office space. Additional confirmed tenants at the property …

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The Learning Experience in Elk Grove, California

Elk Grove, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $6.1 million sale of a newly constructed, 9,990-square-foot single-tenant retail property located in the Sacramento suburb of Elk Grove. The Learning Experience, an early childhood education and childcare center, occupies the building on a 17-year corporate lease with 6 percent rent increases every five years. Completed in 2022, the Elk Grove facility is operated by the chain’s largest franchisee. Jeff Lefko and Bill Asher of Hanley Investment Group represented the seller, Armstrong Development Properties, in the transaction. …

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Starbucks Coffee in Gadsden, Alabama

Gadsden, Ala. — RealSource Group has facilitated the $3 million sale of a newly constructed, 2,500-square-foot single-tenant retail property located in Gadsden. Starbucks Coffee occupies the building on a 10-year, double-net-lease with 10 percent rental increases every five years. This transaction marks the first single-tenant Starbucks property sold in Alabama in 2025, according to RealSource Group. Austin Blodgett and Jonathan Schiffer of RealSource Group, in association with ParaSell Inc., represented both the Ohio-based private buyer and the Tampa, Florida-based private developer in the transaction.

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Shops at Hollywood Park

Inglewood, Calif. — Five new tenants have signed leases to join the Shops at Hollywood Park, the 390,000-square-foot retail district located within the larger Hollywood Park mixed-use development in Inglewood. The new round of leases — which total 13,000 square feet — includes food-and-beverage concepts Raising Cane’s, The Melt, Panini Kabob Grill, Lan Noodle and Rhythm Bar and Lounge. Hollywood Park is owned, developed and operated by Los Angeles Rams owner Stanley Kroenke. Hollywood Park spans 300 acres across 890,000 square feet. In addition to retail, the development features hospitality, …

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Mountain Mike’s Pizza

Irvine, Calif. — Irvine-based Mountain Mike’s Pizza has signed a franchise agreement to open three new locations in Northern Virginia, marking the chain’s introduction to the state. Following its 10-unit development deal in Florida, this agreement brings Mountain Mike’s Pizza to 13 total units slated for the East Coast. The new Virginia restaurants will be developed by local franchisee Niraj Hemrajani, a multi-brand operator with a portfolio of established restaurant concepts including Cold Stone Creamery, Popeyes and Subway.   The fast-casual pizza concept currently operates restaurants in Arizona, California, Colorado, …

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Downtown Doral

Doral, Fla. — Codina Partners has received a $38.8 million construction loan for the third phase of Downtown Doral, a 250-acre mixed-use development located roughly twelve miles west of Miami in Doral. Ocean Bank provided the loan. The third phase of the project will add nearly 25,000 square feet of retail space along 87th Avenue, with 932 dedicated garage parking spaces for retail visitors. UHealth – University of Miami Health System has leased 11,243 square feet on the north end of the development for UHealth Way, which will offer comprehensive …

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Lake Nona West

Orlando, Fla. — Tavistock Development Co. has signed five new tenants to join Lake Nona West, a 405,000-square-foot lifestyle shopping center located within Orlando’s master-planned community of Lake Nona. New tenants include Cañonita Mexican Restaurant, Nordstrom Rack, Barnes & Noble, HomeSense and Total Wine & More. The new round of lease signings brings the total preleased space at the property to more than 300,000 square feet, including a 150,000-square-foot Target anchor store.  Situated on 54 acres, Lake Nona West will include walkways, an art-lined plaza and community green spaces. The …

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