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Target_Mandeville
LeasingLouisianaNews

Target to Open 58,000-Square-Foot Store at Premier Centre in Mandeville, Louisiana

by Katie Sloan

Mandeville, La. — Target is set to open a 58,000-square-foot store at Premier Centre, a 273,000-square-foot shopping center in Mandeville. The store will occupy a combination of space formerly occupied by Stein Mart and an adjacent space currently occupied by Rack Room Shoes, which will be relocating to another storefront within the center. An additional 13,000 square feet will be built onto the back of the building to accommodate the new tenant. Whole Foods Market anchors Premier Centre, which is 97 percent leased to tenants including Bed Bath & Beyond, …

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225 Neilston St.
DevelopmentLeasingNewsOhio

Center Square Leases 33,000-Square-Foot Warehouse in Columbus, Plans Redevelopment

by Julia Sanders

Columbus, Ohio — Center Square, a company specializing in community events and entertainment centers, has leased a 33,000-square-foot warehouse at 225 Neilston St. in the historic Warehouse District of Columbus. The company plans to transform the building into The Kee, a community center with an indoor-outdoor event venue and a restaurant and bar. The landlord, Hackman Capital Partners, owns the majority of the real estate in the Warehouse District. Clayton Davis and Alex Ashworth of JLL represented both the landlord and the tenant in the lease transaction. Center Square plans …

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Common Bond
LeasingNewsTexas

Five Tenants Open at Levcor’s MarqE Mixed-Use Project in Houston

by Julia Sanders

Houston — Levcor has opened five new experience-oriented retail and restaurant tenants at MarqE, a mixed-use development located in Houston’s Spring Branch District. Recent openings include the Van Gogh Immersive Experience, a 23,000-square-foot digital art concept featuring the work of painter Vincent van Gogh; and Selfie Wrld, a selfie museum with a variety of colorful and interactive vignettes, which opened in a 3,404-square-foot space. Science lab Little Beakers has opened in a 6,000-square-foot space; Escape It, an escape room concept, has opened in a 2,572-square-foot space; and Common Bond has …

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Sandy Sigal NewMark Merrill Proptech
Content PartnersFeaturesIndustry ContentLeasingMallsOperationsPower centersRetailers

Tech Offers Insight for Shopping Center Owners Looking to React to Consumer Data

by Sarah Daniels

“Retail has one very serious advantage as an asset class — it provides a lot of data. However, very few people actually look at the data,” says Sandy Sigal, president and CEO of NewMark Merrill. Historically, gathering data required landlords and managers to physically visit sites, and data insights would likely have been skewed based on time of day for the visit, momentary traffic variables or incomplete sales reports. Today’s technology automatically captures much more complete data related to consumer demographics and behavior patterns. For today’s shopping center owners, the …

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FloridaLeasingNews

Ashley Stewart to Open Two Extended Pop-Up Stores in South Florida

by Julia Sanders

Miami and Sunrise, Fla. — Ashley Stewart is set to open two extended pop-up stores at outlet centers in southern Florida. The retailer will occupy a 3,397-square-foot space at Dolphin Mall in Miami and 2,896 square feet at Sawgrass Mills in Sunrise. The Dolphin Mall location opened on October 9 and the Sawgrass Mills shop is set to open on November 6. The pop-up shops will highlight the company’s sub-brand called Curvy Girl, which provides concert and festival outfits. Additionally, the retailer will spotlight special designer lines, including partnerships with …

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Marina Pacifica
CaliforniaLeasingNews

LA Fitness to Open New Location at Marina Pacifica in Long Beach

by Julia Sanders

Long Beach, Calif. — LA Fitness has leased 33,987 square feet of space formerly occupied by Best Buy at Marina Pacifica Shopping Center in Long Beach. The gym location is scheduled to open in early 2022. Other tenants at the 296,954-square-foot center include AMC, Ralphs, Nordstrom Rack, Barnes & Noble, Buffalo Wild Wings, Starbucks Coffee and Ulta Beauty. The landlord, NewMark Merrill Cos., was represented in-house and by Beta Agency, while RealSource Group represented LA Fitness in the deal.

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Tribune
IllinoisLeasingNews

Museum of Ice Cream to Open at The Shops at Tribune Tower in Chicago

by Julia Sanders

Chicago — The Museum of Ice Cream (MOIC) has signed a long-term lease to open a 13,544-square-foot location at The Shops at Tribune Tower in downtown Chicago. MOIC represents the first retail tenant at the newly redeveloped Tribune Tower. The retail portion spans 50,000 square feet and anchors the ground floor of the 36-story, 740,000-square-foot tower, which is located at 435 N. Michigan Ave. Owners CIM Group and Golub & Co. have transformed the property into 162 luxury condominiums and are now welcoming their first residents. The building originally opened …

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Lucid Motors
FloridaLeasingNews

Two Retailers, Entertainment Concept to Open at $4 Billion Miami Worldcenter Development in Downtown Miami

by Julia Sanders

Miami — Two retailers and an entertainment concept are set to open at Miami Worldcenter, a $4 billion, 27-acre mixed-use development underway in downtown Miami. New tenants include Sephora; Lucid Motors, an electric car company; and Bowlero, an entertainment concept that offers bowling, interactive arcades and dining. The retailers and Bowlero will occupy a combined 60,000 square feet and are set to open in 2022. Sephora will occupy more than 6,000 square feet at the World Square Plaza, a 20,000-square-foot public plaza and park that will run along the project’s …

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IllinoisLeasingNews

Ashley HomeStore Signs 48,397-Square-Foot Lease for New Store at Algonquin Commons in Suburban Chicago

by Julia Sanders

Algonquin, Ill. — Ashley HomeStore has signed a 48,397-square-foot retail lease at 1500 S. Randall Road within Algonquin Commons, a 600,000-square-foot lifestyle center in the northwest Chicago suburb of Algonquin. The retailer is relocating from nearby 2451 S. Randall Road where it operated for 12 years. Brad Murchison, Chris Irwin and Brad Belden of Colliers International represented the tenant in the lease transaction. Marget Graham of Mid-America Real Estate Group represented the landlord, Red Mountain Retail Group Inc. Based in Wisconsin, Ashley HomeStore operates more than 900 locations nationwide.

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Mosaic
LeasingNewsNorth Carolina

ECO Group Signs 18 New Tenants to Join $180 Million MOSAIC Development in Metro Raleigh

by Julia Sanders

Pittsboro, N.C. — Developer ECO Group has signed leases for 18 new tenants at MOSAIC at Chatham Park, a 44-acre, $180 million entertainment and lifestyle destination underway at Highway 501 and Russet Run Road in Pittsboro, about 34 miles from Raleigh. With the addition of the new tenants, 96 percent of MOSAIC’s retail space completed or under construction is now leased. New restaurant tenants joining the project include Hops and Berry, a 5,000-square-foot self-serve tap house and restaurant; O’Ya Cantina, a 1,500-square-foot Latin eatery; Jersey Mike’s Subs in a 2,385-square-foot …

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