San Antonio — CBRE has arranged financing for The Legacy, a 353,000-square-foot mixed-use property located in San Antonio. John Fenoglio and Brock Hudson of CBRE secured the nonrecourse loan on behalf of the borrower, a partnership between San Diego-based Rio Capital Investments and New York City-based Triangle Capital Group. The Legacy is designed as a live-work-play environment and spans more than 32 acres. Tenants at the property include Lifetime Fitnesss, Best Buy, Specs, Buffalo Wild Wings, Starbucks Coffee and Main Event, along with a Home2 Suites by Hilton hotel.
The Villages, Fla. — Benderson Development, in a collaboration with The Villages, has announced plans to develop Legacy Place, a 700-acre mixed-use development in Central Florida. The project will be situated along three miles of Florida’s Turnpike near County Road 470 and Central Parkway and serve as the southern gateway to The Villages master-planned community. A new 25-acre hospital operated by Florida-based AdventHealth will anchor Legacy Place, serving communities across Sumter, Lake and Marion counties, including residents within The Villages. Construction on the 80-bed hospital, which will have emergency and surgical …
Houston — PAGEWOOD has purchased a 14,000-square-foot office and retail building at 1440 Brittmoore Road in West Houston, with plans for a redevelopment. The local owner-operator plans to occupy 6,000 square feet within the building for its new headquarters and will lease the remaining space to food-and-beverage and fitness concepts. The project, which will be known as The Outpost at Brittmoore, is expected to be completed in the fourth quarter.
Upper Marlboro, Md. — Walton Global has signed Sprouts Farmers Market to anchor a 140,000-square-foot retail development under construction in Upper Marlboro, located within the master-planned community of Westphalia Town Center. Situated about 10 miles southeast of Washington, D.C., Sprouts Farmers Market will occupy roughly 23,000 square feet. The store is currently anticipated to open in the second half of 2028. Upon completion, the overall 480-acre, master-planned community of Westphalia Town Center will include residential neighborhoods, retail and dining, as well as community services. Heritage Partners is handling leasing for …
San Diego — Marcus & Millichap has arranged the sale of La Mesa, a 12,196-square-foot mixed-use property located in San Diego. Ross Sanchez and Nick Totah of Marcus & Millichap represented the seller and buyer in the deal. Located at 6760 University Ave., the property features a mix of 13 retail and office suites, 28 parking spaces, dual access points and high-visibility frontage. At the time of sale, the building was occupied by service-oriented tenants, including beauty, auto, legal and entertainment uses. The property was built in 1976.
Flower Mound, Texas — Weitzman has broken ground on Silveron Park, a restaurant-focused retail development located on the southeast corner of Lakeside Village Boulevard and International Parkway in Flower Mound, roughly 25 miles northeast of Fort Worth. Situated as part of a larger mixed-use development, the project’s first phase of retail will consist of 17,400 square feet of shop space, along with available drive-thru pads. Phase I is expected for completion this fall. At full buildout, Silveron Park will include 40,000 square feet of retail, 525,000 square feet of office …
Westminster, Calif. — Shopoff Realty Investment has broken ground on Bolsa Pacific at Westminster, a mixed-use redevelopment of the former Westminster Mall in Orange County. Designed by AO, the project will transform the property into an 83.3-acre downtown destination. Upon completion, Bolsa Pacific will feature 2,250 residential units, 220,000 square feet of retail and restaurant space, a 120-room hotel and more than 15 acres of publicly accessible open space. The residential component will include market-rate and affordable housing, as well as for-sale townhomes spread across five multifamily buildings. Demolition of the …
Columbus, Ohio — Newmark has arranged the sale of the office and retail components of The Pointe at Polaris, a mixed-use property located in Columbus. The Pointe at Polaris comprises 212,366 square feet of office space and 33,071 square feet of retail space, along with a 473-unit luxury multifamily component that was not included in the transaction. The property’s office portion is fully leased to a mix of tenants such as Bank of America, Fiserv, Power Home Remodeling and Employers Health, while the retail portion is also fully leased to …
Loveland, Colo. — Denver-based real estate investor and developer Realberry has begun vertical construction on the retail core of Avenue South, a 140-acre mixed-use project within the Centerra community in Loveland, 46 miles north of Denver. The development will create a walkable district integrating retail, office, dining and thousands of new homes at the intersection of I-25 and U.S. Highway 34. Approved by the City of Loveland in 2023, Avenue South will extend miles of trails and open space while introducing large-scale retail, dining and gathering places to keep pace …
Elk Grove Village, Ill. — Nicholas & Associates and Wingspan Development Group of the Nicholas Family of Cos. have opened the initial commercial phase of The VUE, a 10-acre mixed-use development in Elk Grove Village, about 20 miles northwest of Chicago. The retail tenants include Tensuke Market and Food Court, 7 Mile Cycles, Jarosch Bakery and Vini’s Pizza. Plans for The VUE include a 271-unit apartment community, 16 rental townhomes, a multi-story clubhouse with a pool and other amenities for residents, as well as 52,000 square feet of retail space. …
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