Henderson, Nev. — Three tenants have signed leases at Lake Mead Crossing, a retail center located in Henderson, roughly 15 miles outside Las Vegas. Starbucks Coffee, Sprouts Farmers Market and Chick-fil-A will join the lineup at the property, which is anchored by Target. Other tenants at the center include Marshalls, Ulta Beauty, PetSmart Ross Dress for Less, Hibbett Sports and Big Lots.
Leasing
Billings, Mt. — Sierra, a T.J. Maxx brand, has opened an 18,700-square-foot store in Billings. Founded in 1986, Sierra offers active and outdoor apparel, footwear and gear. Situated within a building formerly home to Big Bear Sports Center and redeveloped by Wood Investments Cos. as Yellowstone Gateway Shopping Center, the store marks the first location in the state. Sierra joins HomeGoods at the site, and Petco is also scheduled to open a 15,000-square-foot location at the property.
Katy, Texas — Five new restaurants totaling 12,089 square feet will open at Katy Grand, a dining and entertainment destination located in Katy, roughly 30 miles west of Houston. Korean Steak House & Bar will lease 4,971 square feet at the development, and Uncle Tetsu and Wushiland Boba will open restaurants comprising 1,050 and 1,405 square feet, respectively. Additionally, Patis & Toyo will occupy 1,533 square feet and Fat Boys Pizza will lease 3,850 square feet. All of the restaurants will join the development — which totals 944,803 square feet — …
St. Augustine, Fla. — Bass Pro Shops has announced that it will open an Outdoor World store in St. Augustine, approximately 40 miles southeast of Jacksonville. Upon completion, the store will comprise 100,000 square feet and offer boating merchandise in addition to other outdoor gear and apparel. The opening is scheduled for 2024. This will mark the thirteenth location for Bass Pro Shops in Florida.
Broomall, Pa. and Philadelphia — Federal Realty Investment Trust has signed four new tenants to shopping centers in metro Philadelphia. Dave’s Hot Chicken and Crave Cookies will open at Northeast Shopping Center in Philadelphia, leasing 2,995 and 1,279 square feet, respectively. Additionally, J. Crew Factory and Honeygrow will open locations at Lawrence Park Shopping Center, a retail center located in Broomall, roughly 30 miles outside Philadelphia. J. Crew will open a 4,150 square-foot-store and Honeygrow will occupy 1,999 square feet. All of the tenants are scheduled to open this year.
Philadelphia — Five Below is set to open stores at seven Simon-owned properties. Scheduled to open this year, the stores will include locations at Albertville Premium Outlets in Albertville, Minnesota; Pleasant Prairie Premium Outlets in Prairie, Wisconsin; Johnson Creek Premium Outlets in Johnson Creek, Wisconsin; Gaffney Outlet Marketplace in Gaffney, South Carolina; Indiana Premium Outlets in Edinburgh, Indiana; Pismo Beach Premium Outlets in Pismo Beach, California; and Pocono Premium Outlets in Tannersville, Pennsylvania. “Our relationship with Simon is core to continuing our national expansion efforts,” says George Hill, chief retail …
Houston — Hospitality group Noble 33 has announced plans to open two restaurant concepts at The Pavilion at The Allen shopping center in Houston. Toca Madera will occupy 11,103 square feet with a seat count of 393, and Meduza Mediterrania will comprise 9,732 square feet with a 289-seat occupancy. The openings are scheduled for this fall and early next year, respectively. Noble 33’s in-house design firm Monochrome Concept oversees both concepts. Abel Design Group will provide architecture and design services and Construction Concepts will handle construction of the restaurants.
Meridian, Idaho — Wood Investments Cos. has announced the opening of a 42,212-square-foot PGA Tour Superstore at Gateway Marketplace, a 135,732-square-foot retail center in the Boise suburb of Meridian. The store now leases a space formerly occupied by Rosauers grocery store. Other tenants at the center include Trader Joe’s, Mecca Gym, Land Ocean, Chili’s Grill & Bar, Le Peep, Mathnasium and Orange Theory. Andrea Nilson, LeAnn Hume, Travis Dunn, Julie Kissler and Braydon Torres of Cushman & Wakefield handle leasing at the property. Stuart Thain of Colliers represented the tenant …
Greenville, S.C. — Sprouts Farmers Market will open a 25,000-square-foot store at North Hills Shopping Center in Greenville. Originally built in 1975, the retail center is currently undergoing renovations including updates to facades, landscaping, patios, storefronts and parking lot repairs. Construction of the Sprouts is scheduled to begin this year, with the opening planned for 2024. This marks the second location for the brand in the Greenville market. Aston Properties is the landlord.
North Florida has been a hotbed of retail activity that hasn’t shown signs of slowing, according to Carrie Smith, senior vice president of retail at Franklin Street in Jacksonville, Fla. “Retail is nothing short of being red hot,” she says. “It’s probably in the most aggressive dealmaking mode since I’ve been in business. The deal flow is very high, and it’s hard to keep up.” Jacksonville boasts low vacancy rates, in part due to its rapid population growth throughout 2022. According to Franklin Street’s latest data, Jacksonville saw deliveries of …