Leasing

Sawyers-Walk_Miami
DevelopmentFloridaLeasingMixed-useNews

SG Holdings Completes Leasing at $350 Million Mixed-Use Development in Miami, Plans Summer Opening

by Hayden Spiess

Miami — SG Holdings has completed leasing at Sawyer’s Walk, a 3.4-acre mixed-use development underway in Miami’s Overtown neighborhood. The project, which will feature retail space, offices and affordable housing for seniors, is set to open this summer. SG Holdings is a partnership comprising Swerdlow Group, SJM Partners and Alben Duffie. The development team broke ground on Sawyer’s Walk in summer 2021. The development costs were not disclosed, but the Miami Herald reported the price tag hovers around $350 million. “The anticipated delivery of our mixed-use development will serve as an economic catalyst …

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Level99
EntertainmentLeasingNewsRhode Island

Level99 Opens 40,000-Square-Foot Entertainment Venue in Rhode Island

by Hayden Spiess

Providence, R.I. — Entertainment concept Level99 has opened a new, 40,000-square-foot venue at Providence Place in Providence. Comprising 43 rooms, the facility offers interactive challenges as well as a restaurant, Night Shift Brewing Kitchen & Tap. Investment vehicle Act III Holdings, led by Panera Bread founder Ron Shaich, backs Level99. Brookfield Properties is the landlord at Providence Place. 

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Harrison-Crossing-Shopping-Center_Fredericksburg-Va
LeasingNewsRestaurantsVirginia

Tropical Smoothie Cafe Signs 1,500-Square-Foot Lease in Metro Washington, D.C.

by Hayden Spiess

Fredericksburg, Va. — Tropical Smoothie Cafe has signed a 1,500-square-foot, seven-year lease in Fredericksburg, roughly 50 miles outside Washington, D.C. The new store will be situated within Harrison Crossing Shopping Center, which is anchored by Giant Food, The Home Depot and Petco. Divaris Real Estate represented the landlord in the lease negotiations. Tropical Smoothie Cafe currently operates 1,150 restaurants throughout the U.S.

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4130-Concord-Pike_Wilmington-Del
DelawareLeasingNews

Aldi Signs 33,262-Square-Foot Lease in Delaware

by Hayden Spiess

Wilmington, Del. — Aldi has signed a 10-year, 33,262-square-foot lease in Wilmington. The Germany-based grocer will occupy a property situated on 3.1 acres. Jim O’Hara and Neil Killian of NAI Emory Hill Real Estate Services represented the landlord, LBD Wilmington, in the lease negotiations.  Jason Block of MCS represented Aldi. 

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DevelopmentGrocery-anchoredLeasingNewsSouth Carolina

Lowes Foods to Anchor 50-Acre Platt Springs Crossing Mixed-Use Development in Lexington, South Carolina

by Hayden Spiess

Lexington, S.C.  — Lowes Foods has signed a lease to anchor Platt Springs Crossing, a 50-acre mixed-use development currently underway in Lexington. Lowes Foods will occupy 51,000 square feet. Other tenants will include Chipotle Mexican Grill, Tidal Wave Car Wash, Panda Express and Planet Fitness. An affiliate of NAI Columbia doing business as LLDC Platt Springs LF LLC is the developer of the project, which is scheduled to begin opening early next year. Ben Kelly and Patrick Chambers of NAI Columbia represented the landlord in the lease negotiations with Lowes Foods. …

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1501-Omni-Building_Miami
FloridaLeasingNews

Key Point Academy Signs 62,000-Square-Foot Lease in Miami

by Hayden Spiess

Miami — Key Point Academy has signed a 62,000-square-foot lease at the 1501 Omni Building in Miami. Founded in 2013, Key Point will relocate from its current Miami location at 609 Brickell Ave. Jonathan Carter and Dave Preston of Colliers represented the landlord, Resorts World Omni, in the lease negotiations. Pablo Camposano of Colliers represented the tenant, and Michael A. Gil of Transaction Legal provided legal representation to Key Point Academy. 

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LeasingNew JerseyNews

Connell Co. to Open 25,000-Square-Foot Fitness Facility at The Park in Berkeley Heights, New Jersey

by Katie Sloan

Berkeley Heights, N.J. — The Connell Co. will open a 25,000-square-foot fitness facility at The Park, the locally based developer’s 185-acre mixed-use redevelopment in the Northern New Jersey community of Berkeley Heights. The facility will be known as FIELDHOUSE and will offer fitness regimens such as Pilates, yoga and boxing. Members will also have access to a game room, a meditation room, nap and recovery rooms, a health bar and personal trainers and in-house nutritionists. The opening is scheduled for March.

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Dave's-Hot-Chicken
LeasingNewsPennsylvaniaRestaurants

Dave’s Hot Chicken to Open Three Restaurants in Metro Philadelphia

by Hayden Spiess

Philadelphia — Dave’s Hot Chicken will open three restaurants at Federal Realty Investment Trust properties throughout metro Philadelphia. Scheduled to open this month, the first store will occupy 2,995 square feet at Northeast Shopping Center in Philadelphia. Dave’s will also open restaurants at Ellisburg Shopping Center and Willow Grove Shopping Center in the spring and fall of this year, leasing 3,086 and 2,825 square feet at the properties, respectively. Ellisburg Shopping Center is located in Cherry Hill, New Jersey, and Willow Grove Shopping Center is located in Willow Grove, Pennsylvania. 

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LeasingNewsPennsylvania

J.Crew Factory Signs 5,094-Square-Foot Lease at Shopping Center in Center Valley, Pennsylvania

by Hayden Spiess

Center Valley, Penn. — J.Crew Factory has signed a 5,094-square-foot lease at The Promenade Shops at Saucon Valley, an open-air shopping center located in Center Valley. Scheduled to open this spring, the store will be situated between Francesca’s and Barnes & Noble. Other tenants at the property include Club Champion, Handmade Mystic, FD Market and Turning Point. 

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LeasingNewsPennsylvania

Fresh Market to Open 32,131-Square-Foot Store in Pittsburgh

by Hayden Spiess

Pittsburgh — The Fresh Market will open a 32,131-square-foot store in Pittsburgh’s East Liberty neighborhood. The building was originally constructed in 2002 for Whole Foods Market, which vacated the space in 2022 for a larger store on nearby Penn Avenue. Herky Pollock of CBRE represented the undisclosed landlord in the lease negotiations. Brian Kerr of Hanna Langholz Wilson Ellis represented the tenant. The store will be Fresh Market’s first in Pittsburgh.

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