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Mixed-use

Valley-Grove_Pleasant-Grove-Utah
DevelopmentLeasingMixed-useNewsUtah

Three Tenants Sign Leases Totaling 5,221 Square Feet at Valley Grove in Utah

by Hayden Spiess

Pleasant Grove, Utah — Three new tenants have signed leases totaling 5,221 square feet at Valley Grove, a 130-acre mixed-use development currently underway in Pleasant Grove. MilkShake Factory, Shamrock Coffee and Club Pilates are scheduled to open at the property next year. Other retail tenants at the development — which also features office, residential space and hotel space — include AT&T, Café Rio, Da Cloud Boba Shoppe, Jersey Mike’s Subs, Kolache Krave, R&R BBQ, Starbucks Coffee, Slim Chickens, Verizon and Village Baker. Upon full buildout, the project cost is expected to …

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Land-Parcel_Rancho-Cucamonga-Calif
CaliforniaInvestment salesMixed-useNews

Progressive Arranges $3 Million Sale of Mixed-Use Parcel in Southern California

by Hayden Spiess

Rancho Cucamonga, Calif. — Progressive Real Estate Partners has arranged the $3 million sale of a 1.7-acre parcel of land located in Rancho Cucamonga. Zoned for mixed-use, the property is situated less than a mile from retail center Victoria Gardens. Chris Lindholm and Paul Galmarini of Progressive represented the seller, a Los Angeles County-based private investor, in the transaction. Nicholas Christen of Province West represented the buyer. 

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Harrisburg-Mall
DevelopmentMixed-useNewsPennsylvania

St. John Properties to Redevelop 1 Million-Square-Foot Harrisburg Mall in Pennsylvania 

by Hayden Spiess

Harrisburg, Pa. — St. John Properties Inc. has unveiled plans for the redevelopment of Harrisburg Mall, a 1 million-square-foot regional mall located in the Swatara Township section of Dauphin County. The company plans to build Swatara Exchange, a mixed-use development consisting of multi-use commercial space and supporting inline retail and retail pad sites. The mall will undergo an extended demolition program that is expected to conclude in 2025. The existing Bass Pro Shops and Applebee’s Grill + Bar restaurant will remain operational, and the former Toys ‘R’ Us building will be …

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Hollywood-Casino
DevelopmentEntertainmentIllinoisMixed-useNews

PENN Entertainment Breaks Ground on $185 Million Hollywood Casino Joliet in Illinois

by Hayden Spiess

Joliet, Ill. — PENN Entertainment has broken ground on the $185 million Hollywood Casino Joliet at RockRun Collection in Joliet. The casino will anchor RockRun Collection, a 1 million-square-foot mixed-use development that is under construction. Cullinan Properties is the owner and developer for the 310-acre project. The land-based casino will feature approximately 850 slots and 44 live table games, including a baccarat room, retail sportsbook, bars and restaurants, and an approximately 10,000-square-foot event center with meeting areas. There will also be roughly 1,330 parking spaces. PENN expects to create 450 construction …

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CaliforniaLeasingMixed-useNewsRestaurants

Four Tenants Sign Leases at The Culver Steps in Metro Los Angeles

by Hayden Spiess

Culver City, Calif. — Four new tenants have signed leases at The Culver Steps, a 120,000-square-foot mixed-use development located in Culver City, roughly 11 miles outside Los Angeles. Skincare concept Formula Fig has opened a 2,000-square-foot store at the property, and Yunomi Handroll has opened a 2,500-square-foot restaurant. Restaurants AFURI Ramen and Laurel Grill have also signed leases at the development and will occupy 2,600 and 7,500 square feet, respectively. AFURI Ramen is scheduled to open this month, and Laurel Grill will open next year. 

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East River
DevelopmentLeasingMixed-useNewsTexas

Food-and-Beverage Tenants Sign Leases Totaling 12,773 Square Feet at Mixed-Use Project in Houston

by Hayden Spiess

Houston — Three food-and-beverage tenants have signed leases totaling 12,773 square feet at East River, a 150-acre mixed-use development currently underway in Houston. La Cantina by La Calle Tacos and Kyuramen will occupy 3,357 and 4,416 square feet, respectively, beginning summer 2024. City Cellars HTX will also open at the property next spring, in a 5,000-square-foot space. Midway is developing the project, and Parkway is the property manager.  

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arena
DevelopmentEntertainmentMixed-useNewsVirginia

Partnership Unveils Plans for 9 Million-Square-Foot Entertainment District Anchored by New Arena for Washington Capitals, Wizards in Virginia

by Hayden Spiess

Alexandria, Va. — A partnership between developer JBG Smith (NYSE: JBGS) and Monumental Sports & Entertainment (MSE) has unveiled plans to build a mixed-use entertainment district totaling approximately 9 million square feet in Alexandria, just south of Washington, D.C. Anchoring the project will be a new arena for the NHL’s Washington Capitals and NBA’s Washington Wizards within National Landing, an area encompassing the interconnected neighborhoods of Potomac Yard, Crystal City and Pentagon City.   Additionally, plans call for a global corporate headquarters for MSE, Monumental Sports Network media studio, Wizards practice facility, …

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ArizonaDevelopmentMixed-useNews

SimonCRE to Develop 15.6-Acre Mixed-Use Development in Arizona

by Hayden Spiess

Buckeye, Ariz. — SimonCRE has acquired land for Roosevelt Commons, a 15.6-acre mixed-use project to be developed in Buckeye. Upon completion, the property will feature retail and restaurant space, as well as a hotel. Several tenants, including Mexican restaurant Someburros, have signed leases at the development. Construction is scheduled to begin in January, with delivery of the first phase expected in late 2024. 

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Flight-Club
DevelopmentEntertainmentLeasingMixed-useNewsWashington DC

State of Play to Open 8,546-Square-Foot Flight Club Venue in Washington, D.C. 

by Hayden Spiess

Washington, D.C. — Eatertainment operator State of Play has announced plans to open an 8,546-square-foot Flight Club darts venue in Washington, D.C. Scheduled to open summer 2024 and marking the 13th location for the brand, Flight Club D.C. will be situated within 655 New York, a 756,000-square-foot mixed-use development. Other tenants at 655 New York, which features 79,000 square feet of retail space, include Rumi’s Kitchen, Capital Burger, Pearl’s Bagels, Kinship, Metier and Compass Coffee. 

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EoS_Lutz-Fla
FloridaInvestment salesMixed-useNet leaseNews

SRS Arranges $13.6 Million Sale of 42,311-Square-Foot Single-Tenant Property in Lutz, Florida

by Hayden Spiess

Lutz, Fla. — SRS Real Estate Partners has arranged the $13.6 million sale of a 42,311-square-foot single-tenant retail property in Lutz. EoS Fitness occupies the building on a 15-year triple-net lease. Situated on 3.9 acres, the property is located within Cypress Ranch, a 164-acre mixed-use development. Upon completion, Cypress Ranch will feature 11 freestanding retail parcels. Tenants at the parcels will include Chick-fil-A, ALDI and Panda Express. Patrick Nutt and William Wamble of SRS represented the seller, Barclay Group. A California-based buyer acquired the property in a 1031-exchange transaction. 

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