Asheville, N.C. — Home furnishings retailer Crate & Barrel is set to open a new outlet store at Asheville Outlets in North Carolina. Crate & Barrel Outlet offers contemporary and modern furniture, housewares, décor, entertaining items and kitchen accessories. This new location, set to open during the summer, will be one of 18 Crate & Barrel Outlet stores in the country. Developed by New England Development, Asheville Outlets offers over 70 retailers and restaurants at the intersection of I-40 and I-26 at Brevard Road in Asheville.
Tampa, Fla. — Two new retail tenants have opened at Westshore Marina District in Tampa. The construction of the retail portion of the 52-acre mixed-use development is currently being completed. The two new tenants are Cru Cellars and Sand Surf Co. Cru Cellars, which signed a lease in August 2019, and Sand Surf Co., which signed a lease in September 2019, are the first of several retailers that will open their doors at Marina Landings, Westshore Marina District’s 70,000-square-foot town center. Fort Lauderdale-based BTI Partners is the developer of Westshore …
New York City — Extreme Department Store has signed a 10-year lease for 15,003 square feet at Concourse Plaza in the New York City borough of the Bronx. Concourse Plaza spans 311,650-square feet and is located four blocks from Yankee Stadium. Extreme Department Store will be situated on the ground floor next to Hibachi Grill & Supreme Buffett restaurant and Victoria Nail. Randall Briskin represented the center’s owner, The Feil Organization, and Gabriel Saff of Retail Zone represented the tenant in the transaction.
Lenexa, Kan. — Made in KC has leased 8,166 square feet at The District at Lenexa City Center in Kansas. Launched in 2015, Made in KC provides local Kansas City artists a platform to reach customers across the metro area. The store features work from more than 300 local artists, designers and makers, including apparel, artwork, home goods, accessories and culinary products. Erin Johnston of Copaken Brooks represented the landlord on an internal basis. Chris McIntyre of Merrill Cos. represented Made in KC.
Columbus, Ohio — Four new tenants have opened within the latest $500 million expansion of Easton Town Center, a 1,300-acre mixed-use project by The Georgetown Co., L Brands and Steiner + Associates in Columbus. New tenants include Pins Mechanical Co, Dragon Donuts, Slurping Turtle and LemonShark Poké & Makai Grill. Pins Mechanical Co. has opened in a 38,000-square-foot, two-story space. The entertainment concept offers three full-service bars; a mezzanine level with stadium seating; 16 bowling lanes; over 60 pinball and arcade games; bocce ball; and bubble hockey. Dragon Donuts has …
North Plainfield, N.J. — Levin Management Corp. has negotiated four lease renewals for Virginia-based discount retailer Dollar Tree in New Jersey and Pennsylvania. The New Jersey locations include a 14,500-square-foot space at Brunswick Shopping Center, a 10,300-square-foot shop in Watchung and a 9,400-square-foot store in Franklin Township. The Pennsylvania location is situated in Middletown and spans 9,000 square feet.
Houston — A fund backed by BV Capital and Archway Properties has acquired a 79,684-square-foot showroom and warehouse in Houston that is triple-net leased to home improvement merchandiser Floor & Décor. The property is located within Park Air 59, Archway’s mixed-use development near George Bush Intercontinental Airport that was completed in late 2019.
Taylorsville, Utah — Faris Lee Investments has arranged the $1.8 million sale of an Autozone ground lease in Taylorsville. Don MacLellan and Tom Chichester of Faris Lee Investments represented the seller in the transaction, a private equity fund out of Dallas. The AutoZone ground lease sold for a 4 percent cap rate with 20 years remaining on the lease. The buyer was in a 1031 exchange and closed with all cash at asking price. The Autozone property is part of The Crossroads at Taylorsville, a community center that is co-anchored …
Miami Beach, Fla. — Marcus & Millichap has arranged the $11.3 million sale of a 4,370-square-foot retail property leased to 7-Eleven in Miami Beach. Alejandro D’Alba and Scott Sandelin of Marcus & Millichap marketed the property on behalf of the seller, an individual/personal trust known as Armando’s Service Station Inc. (dba 7/11 Store). The buyer was Power Petroleum Inc, a fuel supplier based in South Florida that distributes multiple brands. The 7-Eleven convenience store is located on 6348 Collins Ave. and has been operating at this location since 2009. The …
Sugar Land, Texas — A Crunch Fitness franchisee will open a 30,240-square-foot gym at a former Michaels store at First Colony Commons, a 410,000-square-foot retail power center in the southwestern Houston suburb of Sugar Land. The opening is set for Oct. 1. Neal Thomson of Houston-based NewQuest Properties represented the tenant in the lease negotiations. Kristen Barker of Wulfe & Co. Inc. represented the Dallas-based landlord, an entity doing business as TPP 306 First Colony LLC. New York-based Crunch Fitness currently operates 360 gyms across 30 states and five countries.