Mixed-use

Miami World Center Exterior
FloridaInvestment salesMixed-useNews

Joint Venture Acquires 300,000-Square-Foot Retail District at $6 Billion Miami Mixed-Use Development

by Abby Cox

Miami — A joint venture comprising affiliates of the Falcone Group, ROK Acquisitions, Andre Mirmelli, The Davis Cos. and Jamestown has acquired a retail and entertainment district situated within Miami Worldcenter, a new $6 billion mixed-use destination in downtown Miami.  The seller was master development group Miami Worldcenter Associates, which is a partnership between Falcone Group, Nitin Motwani and CIM Group. The sale price was not disclosed.  Totaling 300,000 square feet of retail, dining and entertainment space with 100,000 square feet of parks and plazas, the acquired property will be …

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Grocery-anchoredInvestment salesMixed-useNewsTexas

Town Lane, Gillon Property Group Purchase 460,000-Square-Foot Mixed-Use Development in Allen, Texas

by Abby Cox

Allen, Texas — New York-based Town Lane and Dallas-based Gillon Property Group have acquired Watters Creek Village, a 460,000-square-foot mixed-use development located in the northeastern Dallas suburb of Allen. An Ares Real Estate fund provided the debt financing for the acquisition. Delivered in 2008, Watters Creek Village spans 46 acres and features approximately 360,000 square feet of retail and 100,000 square feet of boutique office space. A Market Street grocery store anchors the property, with additional tenants including Anthropologie, Barnes & Noble, Chico’s, Bath & Body Works, DSW, Kendra Scott, Loft, …

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M-K-T Heights
Investment salesMixed-useNewsTexas

MetroNational Acquires M-K-T Heights Mixed-Use Development in Houston

by Abby Cox

Houston — MetroNational has acquired M-K-T Heights, a 218,000-square-foot mixed-use adaptive reuse development in Houston’s Heights neighborhood. MetroNational has entered into a joint venture with the original developers, Radom Capital and Triten Real Estate Partners, who will remain active in the development’s operations, leasing and management. M-K-T Heights has converted five 1970s warehouse buildings into a mixed-use destination that now includes 100,000 square feet of retail and dining; 100,000 square feet of office space; and a 2,000-square-foot boardwalk for pedestrians that connects the property directly to the Heights Hike-and-Bike Trail. Tenants …

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The-Shops-Park-Algodon-Phoenix-AZ
ArizonaDevelopmentMixed-useNews

Creation Completes Construction of $250 Million Park Algodon Mixed-Use Development in Phoenix

by Abby Cox

Phoenix — Locally based Creation has completed construction for Park Algodon, an industrial and mixed-use development at the northwest corner of Loop 101 and Indian School Road in Phoenix. Spanning 86 acres, Park Algodon includes 1.3 million square feet of Class A industrial space and an adjacent 7-acre mixed-use destination with retail and restaurant space. The first phase of the industrial portion of Park Algodon was developed in partnership with Clarion Partners. The two-phase speculative industrial project includes four buildings, totaling 725,000 square feet, designed to accommodate tenants ranging from …

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Whole-Foods-Madison-Yards
Grocery-anchoredInvestment salesMixed-useNewsWisconsin

Mid-America Brokers Sale of 51,361-Square-Foot Single-Tenant Retail Property in Madison, Wisconsin

by Abby Cox

Madison, Wis. — Mid-America Real Estate Corp. has brokered the sale of a newly developed, single-tenant retail property located in Madison. Whole Foods Market occupies the 51,361-square-foot building, which serves as the anchor tenant for Madison Yards, a 21-acre mixed-use development under construction. Dan Rosenfeld, Andrew Lund, Nick Kohlmann and George Ghattas represented the seller, Summit Smith Development, in the transaction. The property was acquired by a private buyer. In addition to Whole Foods Market, Madison Yards will feature more than 500 luxury apartments and 400,000 square feet of medical/office space, as well …

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fritz-farm-expansion
DevelopmentKentuckyMixed-useNews

Hendricks to Invest $14.1 Million for Retail Expansion at Fritz Farm Mixed-Use Development in Lexington, Kentucky

by Abby Cox

Lexington, Ky. — Beloit, Wisconsin-based Hendricks Commercial Properties (HCP) will invest $14.1 million to expand the retail offerings at Fritz Farm, a 52-acre mixed-use development located in Lexington. The expansion will add three new retail buildings and more than 30,000 square feet of retail and restaurant space at the property. Construction is expected to begin this month, while shell spaces are anticipated to be delivered to tenants in December. Originally developed as The Summit at Fritz Farm by Bayer Properties (now part of Centennial Real Estate), the center opened in 2017 …

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South Island Market
DevelopmentMixed-useNewsSouth Carolina

Pinckney Partners Begins Construction of 34-Acre Mixed-Use Development on Johns Island in South Carolina

by Abby Cox

Johns Island, S.C. — Locally based Pinckney Partners has begun vertical construction on South Island Market, a 34-acre mixed-use development located on Johns Island, about 13 miles south of Charleston. Upon completion, the project will feature 82,000 square feet of retail, dining and office space across eight buildings, along with 79 townhomes built by Toll Brothers and 16 acres of preserved open space. Roper St. Francis Healthcare and Daniel Ravenel Sotheby’s International Realty will anchor the office component of the development. South Island Market is expected to open in spring 2027. The …

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The Switchyard
ArizonaLeasingMixed-useNews

Creation, Horizon Sign Leases with Four New Tenants at The Switchyard in Metro Phoenix

by Abby Cox

Queen Creek, Ariz. — Creation, in partnership with Horizon Real Estate, has signed leases with four new tenants at The Switchyard, a 10-acre mixed-use development located at the northeast corner of Ellsworth and Ocotillo roads in the Phoenix suburb of Queen Creek. Bamboo Sushi, ROOM and PORCH, Zara Nail Bar and Edward Jones will all occupy space within the same building. Previously confirmed tenants included Snooze, an A.M. Eatery, Shake Shack and Postino Wine Café, all of which are expected to open by the end of the year. Upon completion …

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Hillrose-Market_Roswell
DevelopmentGeorgiaMixed-useNews

Atlantic Cos. Secures Construction Financing, Breaks Ground on Mixed-Use Project in Metro Atlanta

by Abby Cox

Roswell, Ga. — The Atlantic Cos. has secured construction financing and commenced construction on Hillrose Market, a 7-acre mixed-use development in downtown Roswell, a northern suburb of Atlanta. The financing includes debt from SouthState Bank and a revenue bond issued by the Roswell Downtown Development Authority. Patterson Real Estate Advisory Group arranged the financing. Located adjacent to City Hall with a walking trail connection to the city’s Canton Street district, Hillrose Market will comprise a six-building, 75,000-square-foot retail village surrounding a central greenspace, as well as an office building dubbed …

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midtown-bonita
DevelopmentFloridaLeasingMixed-useNews

Zuckerman Group Signs Two Tenants to Join Midtown at Bonita Mixed-Use Development in Southwest Florida

by Abby Cox

Bonita Springs, Fla.  — The Zuckerman Group has signed leases with two new national tenants at Midtown at Bonita, a 68-acre, mixed-use development under construction located in Bonita Springs, about 15 miles north of Naples. T.J. Maxx and Ulta Beauty will join the lineup at Midtown at Bonita, which has leased nearly 100,000 square feet of retail space. Other committed tenants include Chipotle Mexican Grill, Panera Bread, The Hangry Bison, Club Pilates, Good Vets, Jeff’s Bagel Run, Noire the Nail Bar, Bonita Beach Wine & Spirits, Gelato&Co., LowBrow Pizza & Beer, …

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