Leasing

Balboa-Surf-Club-Post-Oak-Plaza_Houston

Houston — Three new tenants have opened at Post Oak Plaza, a shopping center located in Houston. Retailers Arhaus, Kohler and Bassett Furniture now occupy 22,201; 4,036; and 9,597 square feet at the property, respectively. Other tenants at the center, which was 98 percent leased at the time of the openings, include Nando’s PERi PERi, Balboa Surf Club, Bluestone Lane, il Bracco and Kenny & Ziggy’s. LEVCOR is the landlord of Post Oak Plaza. Brittney Austin, Linda Rubiola and Rand Horowitz of Shop Cos. represented LEVCOR in the lease negotiations. 

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Salem, N.H. — Retailers Anthropologie and FP Movement, the activewear branch of Free People, have signed leases at The Mall at Rockingham Park in Salem. Anthropologie will occupy 8,000 square feet, and FP Movement will occupy 2,125 square feet. Scheduled to open this fall, the stores will mark the first in the state for both brands. Simon is the owner and landlord of the property. 

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Lewisville, Texas — Eight new food-and-beverage concepts have signed leases at The Realm at Castle Hills, a 324-acre mixed-use development currently underway in Lewisville in the Dallas-Fort Worth metro. Upon completion, the project will feature 1.5 million square feet of retail, office and restaurant space, in addition to multifamily units, a boutique hotel and an outdoor entertainment district. The new tenants include a dual Marble Slab Creamery/Great American Cookies shop, which will occupy 1,600 square feet, as well as Voodoo Brewing Co., which will occupy 4,346 square feet. Cocinero Mexican Restaurant, …

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Kyuramen_Alpharetta-Ga

Alpharetta, Ga. — Japanese ramen chain Kyuramen has opened a new restaurant in Alpharetta, a suburb of Atlanta. Totaling 4,200 square feet, the space can accommodate up to 110 guests. This marks the third location in the state for the brand, which currently operates 26 stores throughout the U.S., with plans to open 100 more restaurants by the end of 2024. 

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High-Street_Atlanta

Atlanta — Five new tenants have signed leases at High Street, a $2 billion mixed-use district currently underway in Atlanta. The retailers will open within the first phase of the development, which will comprise 150,000 square feet of retail space. Eatertainment concept Jaguar Bolera will occupy 21,500 square feet, and restaurants Nando’s PERi-PERi and Velvet Taco will occupy 3,300 and 2,300 square feet, respectively. Allen Edmonds will also open at the property, with a 1,800-square-foot store, and Skin Spirit will open a 2,300-square-foot medical spa. GID Development Group is the developer …

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Lincoln-Road_Miami-Beach-Fla

Miami Beach, Fla. — Four new retailers have joined Lincoln Road, a retail development spanning eight blocks in Miami Beach. Food-and-beverage concepts OAKBERRY, Ladurée and Pizzeria Romana now occupy 560, 302 and 1,900 square feet at the center, respectively. Jewelry brand MAJORICA has also opened a 1,400-square-foot store at Lincoln Road. Additionally, eyewear retailer Oakley reopened at the property in February. 

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New York City — Retailer Five Below has opened a new, 9,500-square-foot store in the Bronx borough of New York City. Located on Metropolitan Avenue, the space is situated within the Parkchester mixed-use development. A 170,000-square-foot Macy’s anchors the retail portion of the development, which also features office and residential units. Olshan Properties is the landlord. 

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Merchants-Walk-Shopping-Center_Richmond-Va

Richmond, Va. — Two new tenants have signed leases at Merchants Walk Shopping Center in Richmond. The Ice Cream Shop and The Hair Braiding Salon will occupy 1,368 and 980 square feet at the property, respectively. Divaris Real Estate manages and leases the property, which was acquired by a local private investor for $18.4 million in September 2023. Other tenants at the property, which totals 219,972 square feet, include Food Lion, AutoZone and JOANN Fabric and Craft Store. The center is now 99 percent leased.

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Valley-Grove_Pleasant-Grove-Utah

Pleasant Grove, Utah — Three restaurants have signed new leases at Valley Grove, a mixed-use property currently being developed by St. John Properties in Pleasant Grove. Upon full build-out, the cost of the project, which features office, retail, hotel and research and development space, is expected to total $1.2 billion. Wayback Burgers, The Smoked Taco and Sip’N Drinks & Treats are scheduled to open at the property later this year, occupying spaces totaling 6,011 square feet. Ryan Stewart, Erik Hulbert and Chris Flesner of Mountain West Commercial represented Wayback Burgers in …

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Santiago-Hills-Shopping-Center_Orange-Calif

Orange, Calif. — Savers Value Village has signed a 25,688-square-foot lease at Santiago Hills Shopping Center, a retail center located in Orange. This will mark the fifth location in the country for the chain, which operates more than 315 stores in the U.S., Canada and Australia. Terry Bortnick and Lea Clay Park of Axiom Retail Advisors represented the tenant in the lease negotiations. Bryan Norcott of Newmark represented the landlord, Pacific Properties Group. Other tenants at the property include Starbucks Coffee and Albertsons. 

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