Las Vegas — CenterSquare Investment Management and funds managed by Hamilton Lane have announced a partnership to recapitalize Tenaya Village, a 49,554-square-foot retail strip center located in Las Vegas. Hamilton Lane is now the property’s majority investor, with CenterSquare retaining a minority stake. Spanning five buildings, Tenaya Village features a mix of tenants including Capriotti’s Sandwich Shop, Starbucks Coffee, Timbers Bar & Grill, Frijoles & Frescas and Wingstop. CenterSquare has owned the center since 2022.
Nevada
Belmar, N.J. — Belmar, New Jersey-based Playa Bowls, a fast-causal restaurant chain that specializes in açai bowls, smoothies and fruit juices, has signed three multi-unit franchise agreements spanning Nevada, South Carolina and Missouri. Husband-and-wife teams Justin and Hannah Kirkland, alongside Craig and Diana Kirkland, will own and operate 10 restaurants in Southern Nevada. Brittany and Jeff Ciaramita have signed a five-unit development agreement in Missouri, marking the brand’s introduction to the state. Potential locations include Ladue, Central West End, Creve Coeur, Town and Country and Chesterfield, with the first location …
Nevada — Chicken Salad Chick has signed a franchise agreement to open six new restaurants in Southern Nevada, marking the brand’s first entry into the state. Husband and wife Mark and Cayla Rubalcaba will own and operate the restaurants, while Anton Nikodemus will serve as a strategic partner in the development efforts. In addition to Nevada, Chicken Salad Chick has recently opened its development pipeline to other states such as New Jersey, New York, Utah and Arizona. In 2025, Chicken Salad Chick signed nearly 100 restaurant deals, with 42 openings …
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.
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, …
Gantry Arranges $17.8 Million in Refinancing for Grocery-Anchored Center in Reno, Nevada
Reno, Nev. — Gantry has arranged a $17.8 million permanent loan to refinance North Reno Plaza, a 130,000-square-foot neighborhood center in Reno. Tony Kaufmann and Alex Poulos of Gantry represented the borrower, a private real estate investor, in securing the five-year, fixed-rate loan through one of Gantry’s lenders, which features a 30-year amortization schedule. The new loan will retire the construction debt Gantry previously arranged for the borrower for the 2024 repositioning of North Reno Plaza. The recent renovation features various center improvements, including the addition of several new tenants such …
Las Vegas — A mix of 18 tenants have signed leases to join AREA15, a 40-acre entertainment, retail and dining district in Las Vegas. Universal Horror Unleashed and Interstellar Arc are already open at the property, while The Escape Room, Malibu Barbie Café and Great Big Game Show are scheduled to open in the coming weeks. Restaurant concepts Fuku Chicken, Chilango’s Tacos, Alien Pizza Party, Museum of Ice Cream, Saint Honoré Doughnuts & Beignets, Cosmic Pretzel, The Bowl, Good Company Burgers and Nacho Daddy will open in 2026, along with apparel …
Henderson, Nev. — A partnership between Partners Capital Inc. and CAST has announced the first wave of tenants for The Cliff, a 100,000-square-foot retail development located in Henderson, roughly 15 miles outside Las Vegas. Retail and restaurant concepts including The Taco Stand, Killer Whale Creamery, Lyte House, The Barista Botanist and Next Health, along with new anchor tenant Arhaus, are anticipated to open by late 2026. Construction is set to begin in early 2026. Serving as the gateway to the Green Valley Ranch master-planned community, The Cliff is anticipated to open in …
Avison Young Negotiates $6.6 Million Sale of 18,000-Square-Foot Retail Building in Las Vegas
Las Vegas — Avison Young has facilitated the sale of an 18,000-square-foot retail property located in Las Vegas. A Las Vegas-based private trust sold the property to Syndicate MMA, a mixed martial arts gym and tenant since 2019, for $6.6 million. Syndicate MMA occupies 15,000 square feet of the building, with a salon and medical practice occupying the remaining space. Hillary Steinberg and Corina Towle of Avison Young represented the seller, while Kevin Jacobson of Iron Will LLC represented the buyer in the transaction.
Las Vegas — Bally’s Corp. has announced plans for Bally’s Las Vegas, an entertainment resort destination planned on the 35-acre site of the former Tropicana Las Vegas hotel and casino. The casino and sports entertainment operator is partnering with JLL and Marnell Cos. on the development, which is being submitted to Clark County for entitlements. Bally’s Las Vegas will share the site with the new Las Vegas Athletics Major League Baseball ballpark, a move by the Oakland Athletics that was announced and approved in 2023. Bally’s expects construction at Bally’s Las Vegas to begin …