Houston — Hines has been selected to provide management services on behalf of Fertitta Entertainment for River Oaks District, an 18-acre luxury mixed-use development located in Houston. Hines will oversee day-to-say operations, tenant relations and the overall guest experience, while Odyssey Retail Advisors will handle leasing at the property. River Oaks District comprises 300,000 square feet of retail and dining space and is home to more than 60 brands such as Hermès, Dior, Cartier, Van Cleef & Arpels, Loro Piana, Loewe, Carolina Herrera, Dolce & Gabbana, Harry Winston, Rolex by …
Mixed-use
Chicago — Greenstone Partners has negotiated the $3.2 million sale of 1560 N. Damen Ave., a 4,650-square-foot mixed-used building located in Chicago’s Wicker Park neighborhood. The three-story property features ground-floor retail space anchored by regional bakery Stan’s Donuts & Coffee. The second and third floors are occupied by recently renovated three-bedroom apartments. Danny Spitz and Brewster Hague of Greenstone represented the seller and procured the private buyer in the transaction.
Virginia Beach, Va. — Pembroke Realty Group has provided updates on the $300 million redevelopment of Pembroke Mall, a regional shopping mall in Virginia Beach that dates back to 1966. The project, renamed Pembroke Square, will comprise The Pembroke, a 284-unit luxury apartment community set to break ground in the coming months; and Tempo by Hilton, a 163-room hotel that is underway. Two additional phases are in pre-development, while approximately 26,000 square feet of retail space is expected to come on line through 2028. Pembroke Square also includes Aviva Pembroke, …
University of South Florida, Partners Break Ground on $500 Million Mixed-Use Project in Tampa
Tampa, Fla. — The University of South Florida (USF) and its development partners have broken ground on the $500 million first phase of Uptown Landing, a new mixed-use project situated within walking distance of the planned USF on-campus football stadium. The first phase of the project comprises 30 acres and will include 717 beds of student housing; 152 apartments reserved for graduate students and USF employees; four to six restaurant venues; 68,000 square feet of retail space; a hotel and conference center and academic research facilities. Delivered through a master development …
Atlanta — Live music and dueling piano bar Park Bench will open a new venue at Centennial Yards, a $5 billion mixed-use development underway in downtown Atlanta. The new location will be situated within the development’s 7.5-acre “Entertainment District,” which includes a 5,300-seat Live Nation venue, an interactive Cosm attraction that opened this summer and a Virgin Hotel. Park Bench’s newest location will sit between and adjacent to Mercedes-Benz Stadium and State Farm Arena. CIM Group and its affiliate firm Centennial Yards Co. are the master developers behind the project, which is transforming a 50-acre site …
Fort Worth, Texas — JLL Capital Markets has arranged a loan to refinance Sawyer Grocery and the Supreme Golf Building, a two-property mixed-use portfolio located in Fort Worth. Kevin Barron and Will Mogk of JLL secured the five-year, fixed-rate, non-recourse loan through a life insurance company on behalf of the borrower, Magnolia Equity Partners. The first property, the Supreme Golf Building, was built in 1918 and renovated in 2018. The building, which was fully occupied at the time of sale, comprises 23 residential units and 25,124 square feet of retail …
Hialeah, Fla. — JLL has arranged $17.3 million in financing for the acquisition of Westland Plaza, a 110,000-square-foot mixed-use retail and storage center located in Hialeah, roughly 12 miles northwest of Miami. Michael DiCosimo, Joshua Odessky and Miguel Pedersen of JLL secured the two-year, floating-rate loan through Shelter Growth Capital Partners on behalf of the buyer, Volta Global. Westland Plaza was built in 1979 and renovated in 2008. The property comprises 50,000 square feet of retail space across three buildings, along with a 60,000-square-foot, three-story self-storage facility. Tenants include Office Depot, …
Goodyear, Ariz. — Red Development and Global Corp. have signed six new tenants at Goodyear Civic Square (GSQ), a 150-acre mixed-use development located in Goodyear, roughly 17 miles west of downtown Phoenix. The newest leases include Sephora (5,000 square feet), J.Crew Factory Outlet (5,0000 square feet), Lovesac (1,8000 square feet), Postino (4,500 square feet), Miel de Agave (3,989 square feet) and V’s Barber Shop (1,215 square feet). V’s Barber Shop is set to open next month, while all other tenants are expected to open in 2027. Three new restaurants are also …
Cuadra Capital Acquires 250,000 Square Feet of Retail, Mixed-Use Developments in North Carolina, Florida
Charlotte, N.C. — Cuadra Capital, a Charlotte-based real estate investment and operating firm, has acquired multiple retail and mixed-use assets totaling 250,000 square feet across North Carolina and Florida. The North Carolina acquisitions include State Street Station in Greensboro, College Plaza in Winston-Salem and the Bottleworks District in Wilmington. The lone Florida acquisition was Park & King in Jacksonville. State Street Station is a 60,977-square-foot, eight-building neighborhood retail center that includes a mix of food-and-beverage, service, medical and wellness retail tenants. The firm also acquired four adjacent parcels from a local …
Stillwater Capital Announces Progress on $750 Million Haggard Farm Mixed-Use Development in Plano, Texas
Plano, Texas — Dallas-based Stillwater Capital is making significant progress on Haggard Farm, a 142-acre mixed-use district located in the Dallas suburb of Plano. Construction began on the initial phase of the planned $750 million campus in December 2023. Stillwater Capital has surpassed $300 million in investment of Haggard Farm’s first phase, which will feature a 180,000-square-foot retail village, a 350-unit apartment community called The Bowen, 188 luxury townhomes, hike-and-bike trails and a 3-acre neighborhood park. The Haggard Farm project is transforming a site at the intersection of Spring Creek Parkway …