Leasing

Albuquerque, N.M. — Houlihan-Parnes has arranged a 43,900-square-foot lease at Ladera Shopping Center, a retail center located in Albuquerque. Built in 1986, the property totals 128,712 square feet. ARC Thrift Stores will now occupy the anchor space, a former grocery store, at the center. Ed Graf and Ted Sannella of Houlihan-Parnes arranged the lease and secured a $2.8 million loan for the tenant improvement buildout on behalf of the landlord, an entity doing business as Ladera Partners LLC. Other tenants at the property include Dollar Tree, Taco Cabana, Planet Fitness, Dogtopia, …

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Marietta, Ga. — Six new tenants have signed leases at Avenue West Cobb, a shopping center located in Marietta, roughly 20 miles outside Atlanta. StretchLab and Walk-On’s Sports Bistreaux now occupy 1,156 and 6,890 square feet, respectively. The Peach Cobbler Factory and Vera Whole Health are scheduled to open early this year, in 1,400- and 5,500-square-foot spaces, respectively. Additionally, Warby Parker will open a 2,300-square-foot store at the property this spring. J.Crew Factory is also scheduled to open this spring and will occupy 5,390 square feet. JLL manages the property. 

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Vernon Hills, Ill. — Six new tenants have signed leases at Hawthorn, a shopping center located in Vernon Hills, roughly 40 miles outside Chicago. Sephora, Anthropologie, FP Movement, The Lovesac Co. and Perry’s Steakhouse & Grille will open at the property next year. Dom’s Kitchen & Market will also open a store in 2025. Other tenants at the center include Maggiano’s and AMC Hawthorn 12. 

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Pleasant Grove, Utah — Three new tenants have signed leases totaling 5,221 square feet at Valley Grove, a 130-acre mixed-use development currently underway in Pleasant Grove. MilkShake Factory, Shamrock Coffee and Club Pilates are scheduled to open at the property next year. Other retail tenants at the development — which also features office, residential space and hotel space — include AT&T, Café Rio, Da Cloud Boba Shoppe, Jersey Mike’s Subs, Kolache Krave, R&R BBQ, Starbucks Coffee, Slim Chickens, Verizon and Village Baker. Upon full buildout, the project cost is expected to …

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Skechers

Fort Lauderdale and Pembroke Pines, Fla. — Footwear brand Skechers has opened two new stores in South Florida. In Fort Lauderdale, the retailer now occupies 8,840 square feet within Bal Harbour Square. In Pembroke Pines, Skechers has opened a 13,500-square-foot store situated within West Fork Plaza. Steve Miller of The Rotella Group represented the tenant in the lease negotiations. 

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Princeton, N.J. — The Container Store Group has opened a store in Princeton, New Jersey, marking the 100th location for the brand. The store features the retailer’s small-format design, which averages 12,500 square feet and includes a full Custom Spaces Studio. The Container Store is also scheduled to open a store next spring in Gaithersburg, Maryland. 

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Skokie, Ill. — Pottery Barn has signed a 15,000-square-foot lease at Westfield Old Orchard, a shopping center located in Skokie, roughly 15 miles outside downtown Chicago. Together with Arhaus, Puttshack and ZARA, the retailer will occupy a 115,000-square-foot space formerly occupied by Lord & Taylor that is undergoing renovations as part of a multiphase development plan at the property. The opening is scheduled for summer 2024. Plans at the center also include the addition of new residential space, restaurants, wellness facilities and outdoor amenities. Little Words Project and Aritzia are also …

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South Windsor, Conn. — Whole Foods Market will open a new, 43,406-square-foot store in South Windsor. This will mark the fifth location for Whole Foods in the Hartford area.  Situated within The Shops at Evergreen Walk, the store is scheduled to open Jan. 17 and will feature more than 1,000 local items from New England. 

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Culver City, Calif. — Four new tenants have signed leases at The Culver Steps, a 120,000-square-foot mixed-use development located in Culver City, roughly 11 miles outside Los Angeles. Skincare concept Formula Fig has opened a 2,000-square-foot store at the property, and Yunomi Handroll has opened a 2,500-square-foot restaurant. Restaurants AFURI Ramen and Laurel Grill have also signed leases at the development and will occupy 2,600 and 7,500 square feet, respectively. AFURI Ramen is scheduled to open this month, and Laurel Grill will open next year. 

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North Las Vegas, Nev. — Shake Shack has opened a new drive-thru restaurant in North Las Vegas, roughly 3 miles outside Las Vegas. This marks the first drive-thru for Shake Shack in Nevada and the fifth location for the brand in the state. Shake Shack’s presence in the United States currently includes more than 320 restaurants across 33 states. 

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