Westminster, Calif. — Shopoff Realty Investments has acquired the remainder of the Westminster Mall, totaling an additional 57.5 acres, ahead of its planned mixed-use redevelopment, Bolsa Pacific at Westminster. Washington Pacific Group was the seller. Lee Aarons of Land Advisors represented the buyer in the deal. Shopoff previously purchased the mall’s 14.1-acre former Sears parcel in July 2022 and the 11.7-acre Macy’s parcel in August 2022. The 83.3-acre project site currently houses the Westminster Mall and surrounding retail. The planned Bolsa Pacific at Westminster development will deliver approximately 2,250 housing units, …
Mixed-use
New York City — Newmark Group has been selected to provide leasing for the retail component of the Penn District, a $2.5 billion mixed-use redevelopment in Midtown Manhattan. Mark Masinter, Karen Bellantoni, Jackie Totolo, Pierce Thompson and Nick Masinter of Newmark will lead leasing efforts at the property, which is owned and operated by Vornado Realty Trust. Penn District is now home to 5 million square feet of office space, 300,000 square feet of public plaza space and 1.1 million square feet of retail. Vornado also plans to create a cohesive street-level experience along both …
CBRE Arranges $57.6 Million in Refinancing for First Street Napa Mixed-Use Property in California
Napa, Calif. — CBRE has arranged $57.6 million in refinancing for First Street Napa, a Class A mixed-use property in downtown Napa. Brad Zampa and Andy Gross of CBRE secured the loan through Knighthead Funding on behalf of the borrower, Zapolski Real Estate. Located at 1300 First St., the property features 163,000 square feet of retail, dining, tasting rooms and office space across six buildings. First Street Napa is currently 88 percent leased to a variety of tenants, including Lululemon, Compass, Free People and Silicon Valley Bank, with new retail additions …
Vestar Signs Leases With Three New Tenants at Tivoli Village at Queensridge in Las Vegas
Las Vegas — Vestar has signed three new leases at Tivoli Village at Queensridge, a 1 million-square-foot mixed-use development located in the Queensridge neighborhood of Las Vegas. Design Within Reach and Saatva have already opened at the property, while Eichholtz is scheduled to open in spring 2026. The expansion brings roughly 20,000 square feet of luxury furniture and décor brands to the development. Tivoli Village’s longstanding furniture tenants include Restoration Hardware, The Shade Store, Hub Modern, Basner Fine Art, 7th Avenue, Bauteam Kitchen Tailors and Desert Valley Gallery.
Hilco Provides $47.5M Construction Loan for Mixed-Use Development in Chattanooga, Tennessee
Chattanooga, Tenn. — Hilco Global Real Estate Capital has provided a $47.5 million loan to Urban Story Ventures to support the recapitalization and continued development of The Bend, a 100-acre mixed-use development underway in Chattanooga. Plans for the project, which will feature more than 3,000 linear feet of frontage along a bend of the Tennessee River, include approximately 1,700 residential units; 1.1 million square feet of office space; 1.2 million square feet of dining, shops and service retailers; 600 hotel rooms; entertainment and cultural venues; and a 300-slip marina. The …
Ardent Cos. Acquires 360,000-Square-Foot Perimeter Pointe in Atlanta, Plans Mixed-Use Redevelopment
Sandy Springs, Ga. — The Ardent Cos. has acquired Perimeter Pointe, a 360,000-square-foot retail property located in Atlanta’s Central Perimeter submarket of Sandy Springs, with plans to transform the property into a mixed-use development. Renovations will include the prioritization of walkability and accessibility, an improved tenant lineup, the lease up of vacant space and remerchandising the existing tenant mix. The redevelopment will also feature the addition of a multifamily component to the property. Current tenants at Perimeter Pointe include Five Below, Office Depot, Dick’s Sporting Goods and HomeGoods.
Vestar Signs Leases with Four New Tenants at The District at Green Valley Ranch in Metro Las Vegas
Henderson, Nev. — Vestar has signed leases with four new tenants at The District at Green Valley Ranch, a 385,000-square-foot mixed-use project located in Henderson, approximately 16 miles southeast of Las Vegas. California Closets and Solidcore opened at the center in December, while skincare brand Glo30 will debut in March. Lastly, fashion boutique Evereve will open this summer. The latest retail additions bring 9,000 square feet of new tenants to The District at Green Valley Ranch, which is currently 95 percent leased. Other tenants at the property include Urth Caffé, Bluemercury, …
Columbus, Ohio — Four new tenants have signed leases to join Easton Town Center, a 1,300-acre mixed-use project under development in Columbus. Furniture and home décor retailer Joybird has already opened at the property. SKIMS, Portland Leather and Windsor are also scheduled to join the lineup, while existing tenant Abercrombie & Fitch is expanding its store. Managed and leased by Steiner + Associates, Easton Town Center’s most recent expansion includes 140,000 square feet of entertainment, restaurant, hotel and retail offerings, as well as 125,000 square feet of new office space. Tenants …
Accesso Acquires Development Site in Orlando for $70 Million, Plans 670,000-Square-Foot Mixed-Use Entertainment District
Orlando, Fla. — Accesso has purchased a 76-acre site in Osceola County to develop Ovation Orlando, a master-planned mixed-use entertainment district located at the northeast intersection of Interstate 4 and U.S. 192 in Orlando, for more than $70 million. The project is scheduled to break ground in the first quarter or 2026. Ovation Orlando will be divided into five adjacent zones across 670,000 square feet, which will offer experiential retail, dining, lifestyle amenities and entertainment, as well as 740 hotel rooms and condominiums. The new development will also feature green spaces, …
RCP Unveils Plans for $300 Million Mixed-Use Expansion at MidCity District in Huntsville
Huntsville, Ala. — RCP Cos. has unveiled plans for MidCity Arts + Innovation, a 12-acre development within the larger $2.2 billion MidCity District in downtown Huntsville. The project represents a $300 million investment and will expand the development’s master plan by three city blocks along Sanderson Road. MidCity Arts + Innovation will be anchored by MidCity Live, a 3,000-seat indoor music venue jointly designed by Matheny Goldmon Architects and Urban Design Associates. RCP will name an operating partner for the venue in early 2026. MidCity Live will join The Orion …