Mixed-use

Legends at Sparks Marina
Investment salesMixed-useNevadaNews

Alturas Capital Acquires 421,000-Square-Foot Lifestyle Component of Legends at Sparks Marina in Nevada

by Abby Cox

Sparks, Nev. — Idaho-based Alturas Capital Partners (ACP) has acquired the 421,000-square-foot lifestyle component of Legends at Sparks Marina, a 1.2 million-square-foot mixed-use project located in Sparks, approximately four miles east of downtown Reno. The property was purchased for more than $100 million, as reported by the Reno Gazette Journal. Legends at Sparks Marina, which was 97 percent leased at the time of sale, features a mix of more than 65 national and regional tenants including H&M, Nike, Sephora, Five Below, Yard House, Galaxy Theatres, Burlington and Cavender’s. Alongside the retail …

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bluhawk
KansasLeasingMixed-useNews

PB Development Signs Eight Tenants for Phase II of Mixed-Use Development in Suburban Kansas City

by Abby Cox

Overland Park, Kan. — PB Development has signed eight new tenants for the second phase of Bluhawk, a mixed-use development located in the Kansas City suburb of Overland Park. Phase II of the project will include 160,000 square feet of retail, entertainment and dining space. The first two tenants, Spavia Day Spa and JETSET Pilates, are expected to open this fall. In addition, L.L.Bean, Chicken Salad Chick, Brookside Barkery & Bath, Amorino, Everbowl and Bruú Café are anticipated to debut in summer 2027. Current tenants at the property include J.Crew Factory, …

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DevelopmentGrocery-anchoredMarylandMixed-useNews

SJC Ventures to Begin Construction on Former Macy’s Store at Hartford Mall Site in Bel Air, Maryland

by Abby Cox

Bel Air, Md. — SJC Ventures will begin the demolition process on the former Macy’s store at the Hartford Mall site in Bel Air, roughly 30 miles northeast of Baltimore. Interior demolition will kick off on July 22. The property is being transformed into a new, 95,000-square-foot mixed-use development called Derby Place that will be anchored by a 35,000-square-foot Whole Foods Market. Other signed leases include Shake Shack and VEG ER for Pets. The community will also feature parks, pedestrian walkways and a 249-unit apartment complex. Construction on the multifamily component …

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Frederick-Brickworks
DevelopmentMarylandMixed-useNews

Greenberg Gibbons Breaks Ground on $450 Million Mixed-Use Project in Frederick, Maryland

by Abby Cox

Frederick, Md. — Greenberg Gibbons has broken ground on Frederick Brickworks, a new mixed-use project located in Frederick, roughly 50 miles northwest of Baltimore. Upon completion, the development will span 65 acres. Project costs are expected to total $450 million.  According to the City of Frederick, the project proposal calls for 1,260 residential units and 130,000 square feet of commercial space. The planning commission approved the master plan in October 2023, and Greenberg Gibbons closed on the land acquisition last month. The site formerly housed the historic Frederick Brick Works …

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119-S-Los-Robles-Ave-Pasadena-CA
Investment salesMixed-useNews

Marcus & Millichap Brokers $22 Million Sale of Mixed-Use Property in Pasadena, California

by Abby Cox

Pasadena, Calif. — Marcus & Millichap has brokered the $22 million sale of 119 S. Los Robles Ave., a mixed-use building in Pasadena. A company doing business as MLT VII LLC sold the property to an undisclosed funding investment corporation. Built in 2015, the five-story property features 50 condominiums and 3,700 square feet of retail space. All units offer central air conditioning and heating, washer and dryer connections and stained concrete flooring. The controlled-access property features gated parking and an enclosed mail room. Tony Azzi and Rabbie Banafsheha of the Azzi …

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Commerce-District-Valley-Ranch
DevelopmentGrocery-anchoredLeasingMixed-useNewsTexas

Signorelli Co. Signs H-E-B to Anchor Commerce District at Valley Ranch in Metro Houston

by Abby Cox

New Caney, Texas — The Signorelli Co. has signed a lease with H-E-B to anchor Commerce District at Valley Ranch, a mixed-use project located within the 1,400-acre Valley Ranch master-planned community in New Caney, roughly 30 miles northeast of downtown Houston. The first phase, dubbed Commerce West, will be anchored by a 120,000-square-foot H-E-B supermarket that is scheduled to open in fall 2027. In addition to H-E-B, Commerce West includes approximately 19,500 square feet of retail space and two outparcel opportunities for complementary restaurants, retail and service-oriented businesses. Commerce East, the …

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GeorgiaInvestment salesMixed-useNews

Madison Commercial Completes Sale of Chick-fil-A Site Near Oglethorpe Mall in Savannah

by Abby Cox

Savannah, Ga. — Madison Commercial, an affiliate of Madison Capital Group, has completed the sale of a Chick-fil-A outparcel at its mixed-use redevelopment of the former Sears and Sears Auto Center site at Oglethorpe Mall in Savannah. The transaction marks the final piece of the company’s retail component at the mixed-use development. Along with Chick-fil-A, Madison Commercial has leased and sold all three retail outparcels at the property, including Jim ‘N Nick’s Bar-B-Q and Valvoline Instant Oil Change. The outparcels are situated adjacent to Oglethorpe Mall and Madison Oaks, a …

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Weymouth-Mass
DevelopmentMassachusettsMixed-useNews

Brookfield, New England Development Acquire Former Naval Station Near Boston, Plan Major Mixed-Use Project

by Abby Cox

Weymouth, Mass. — A joint venture between New York City-based Brookfield Properties and Boston-based New England Development has purchased the site of the former South Weymouth Naval Air Station in metro Boston. The co-developers acquired the 1,400-acre site from Washington Capital Management for $65 million. Brookfield and New England Development are planning a mixed-use redevelopment that would include 6,500 housing units, along with about 2 million square feet of commercial and retail space. The project will span more than 1,400 acres across three municipalities — Weymouth, Rockland and Abington, Massachusetts. …

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ColoradoDevelopmentMixed-useNews

New 128,000-Square-Foot Target Store to Open at Firestone City Centre in Colorado

by Abby Cox

Firestone, Colo. — The Staenberg Group (TSG) has announced that Target will open a new 128,000-square-foot store that will anchor Firestone City Centre, a 140-acre mixed-use development located in Firestone, roughly 30 miles north of Denver. The new store is scheduled to debut this month. Firestone City Centre features more than 600,000 square feet of retail and restaurant space that is home to a mix of national retailers and restaurants including The Home Depot, American Furniture Warehouse, Anytime Fitness, Chick-fil-A, Panda Express, Firestone Auto and Chuck & Don’s, among others. …

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Midtown-Tampa
FloridaLeasingMixed-useNews

Three New Tenants Join Midtown Tampa Mixed-Use Development in Florida

by Abby Cox

Tampa, Fla. — Three new tenants have signed leases at Midtown Tampa, a 1.8 million-square-foot mixed-use district located in Tampa. Pura Vida Miami, CorePower Yoga and The Shade Store will contribute to the nearly 186,000 square feet of retail space, which is 90 percent built out, according to the Tampa Bay Business Journal. The size of the spaces range from 2,000 square feet to 4,000 square feet. The new tenants are expected to open later this year or early next year. Additional tenants at Midtown Tampa include Whole Foods Market, …

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