Mixed-use

gibson-mill
Investment salesMixed-useNewsNorth Carolina

Partnership to Recapitalize Gibson Mill Adaptive Reuse Development in Concord, North Carolina

by Abby Cox

Concord, N.C. — A partnership between Charlotte-based real estate investment firm White Point and the Liles family have announced plans to recapitalize Gibson Mill, a 653,000-square-foot adaptive reuse development located in Concord, a northeast suburb of Charlotte. White Point acquired a significant stake in the property, buying out former co-owners Joe Liles and Tom Cotter, who purchased the former Cannon Mills property in 2004. George Liles will remain part of the new ownership group, along with his four sons. Established in 1899, Gibson Mill sits on 33 acres and includes a …

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Museum-Parc
CaliforniaInvestment salesMixed-useNews

Bridgeton Sells Retail, Office Component of Museum Parc in San Francisco for $19.3 Million

by Abby Cox

San Francisco — Bridgeton has sold the 36,000-square-foot retail and office component of Museum Parc, a mixed-use property located in San Francisco’s SoMa neighborhood. Built in 1989, Museum Parc features 234 luxury condominiums with ground-floor retail and office space. Tenants at the property, which was fully leased at the time of sale, include Crunch Fitness, El Dorado Latin Fusion, Aquabyte and TowerWAV. Eric Kathrein, Andrew Spangenberg and Allie Repaskey of JLL represented the seller in the transaction. DPI Retail was the buyer.

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modera-higley-commons
ArizonaLeasingMixed-useNews

Mill Creek Residential Signs Leases with Seven New Tenants at Modera Higley Commons in Gilbert, Arizona

by Abby Cox

Gilbert, Ariz. — Mill Creek Residential has signed seven new leases totaling 16,650 square feet at Modera Higley Commons, a mixed-use apartment community located in Gilbert, a suburb of Phoenix. Tenants will include The Mick Brasserie, California Closets, Pvolve, Zara Nail Bar, Playa Bowls, Bodybar Pilates and GoodVets. Roughly 85 percent of the retail space is now occupied. Modera Higley Commons features 19,602 square feet of ground-floor retail space, along with 276 apartments.

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center_point_wilmington
LeasingMixed-useNewsNorth Carolina

CBRE Signs Leases with Five New Retail Tenants at Center Point Mixed-Use Development in Wilmington, North Carolina 

by Abby Cox

Wilmington, N.C. — CBRE has signed leases with five new retail tenants at Center Point, a mixed-use project under development in Wilmington. Totaling more than 13,000 square feet, the new leases will include Nest Interiors and Blended Shoes + Apparel — which will be merged into a shared space — as well as Burton’s Grill & Bar, Thompson’s of Wilmington and Jeff’s Bagel Run. These tenants mark the first retail commitments within Phase I of Center Point, which will feature approximately 33,000 square feet of retail space. A joint venture between …

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sarasota-square
DevelopmentFloridaMixed-useNews

Torburn, Jamestown Announce Next Steps for Mixed-Use Redevelopment of Sarasota Square Mall in Florida

by Abby Cox

Sarasota, Fla. — Torburn Partners, a real estate development and investment firm based in Chicago, and leasing and placemaking partner Jamestown are moving forward with Sarasota Square, a mixed-use redevelopment of the former Sarasota Square Mall. The mixed-use development spans nearly 100 acres at the corner of South Tamiami Trail and Beneva Road in Sarasota. Sarasota Square Mall originally opened in September 1977 and closed in December 2024. Phase I of the project, which is expected to be delivered in the first quarter of 2027, will introduce approximately 90,000 square …

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VA-Hospital-Redevelopment_Denver
ColoradoDevelopmentFinanceMixed-useNews

Walker & Dunlop Arranges $130 Million in Financing for Mixed-Use Redevelopment of Former VA Hospital in Denver

by Abby Cox

Denver — Walker & Dunlop has arranged $130 million in financing to fund the mixed-use redevelopment of a former Veterans Affairs (VA) hospital campus in Denver. GM Development, a locally based urban infill development firm, is the borrower.  Chris Rumul, Jason Silva, Cole Parker and Mike Valucci of Walker & Dunlop arranged the financing through the U.S. Department of Housing and Urban Development (HUD) 221(d)(4) loan program. This marks the largest HUD 221(d)(4) loan in the company’s history. (The 221(d)(4) loan product is HUD’s construction-to-permanent financing program that funds the …

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Mixed-useNewsTexas

CBRE Arranges Financing for 353,000-Square-Foot Mixed-Use Property in San Antonio

by Abby Cox

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.

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Legacy-Place_AdventHealth_Villages
DevelopmentFloridaMixed-useNews

Benderson, The Villages to Develop 700-Acre Hospital-Anchored Mixed-Use Campus in Central Florida

by Abby Cox

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 …

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1440-Brittmoore-The-Outpost
DevelopmentInvestment salesMixed-useNewsTexas

PAGEWOOD Buys 14,000-Square-Foot Office, Retail Building in West Houston, Plans Redevelopment

by Abby Cox

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. 

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Westphalia-Town-Center
Grocery-anchoredMarylandMixed-useNews

Walton Global Signs Sprouts Farmers Market to Anchor Retail Center Near Washington, D.C.

by Abby Cox

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 …

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