Norwalk, Calif. — A partnership between Primestor and the City of Norwalk is underway on The Walk, an 89,000-square-foot mixed-use community located in Norwalk, approximately 17 miles southeast of downtown Los Angeles. Designed by DLR Group, the project will be centered around pedestrian-friendly, landscaped pathways that will provide new dining, shopping and public spaces for guests and residents. The Walk is scheduled for completion by late 2027.
Port St. Lucie, Fla. — A partnership between Morgan Co. and Casto Net Lease has acquired a 15-acre land parcel in Port St. Lucie for the development of a grocery-anchored shopping center. Scott Copeland of On Course Development represented the buyers in the transaction. The new center will be anchored by Aldi and will include several outparcels that will be designated for tenants such as McDonald’s, Circle K and AutoZone. Construction is expected to begin later this year, with delivery of the project scheduled for 2027.
Antioch, Calif. — JLL Capital Markets has arranged the sale of Slatten Ranch Shopping Center, a 118,187-square-foot community center in Antioch, approximately 40 miles northeast of San Francisco. Eric Kathrein, Gleb Lvovich, Andrew Spangenberg and Allie Repaskey of JLL represented the seller, Camden Village LLC, in the transaction. The buyer was Sterling Organization. Slatten Ranch Shopping Center features a mix of tenants including Burlington, Harbor Freight, Five Below, Sephora, Champs Sports, European Wax Center, Starbucks Coffee, Men’s Warehouse, Sally Beauty, Carter’s, The Vitamin Shoppe, Cold Stone Creamery, Panda Express, T-Mobile and Jamba …
McKinney, Texas — Weitzman has announced plans to develop Custer Frontier Marketplace, a 170,000-square-foot, Kroger-anchored shopping center located in McKinney, approximately 33 miles north of Dallas. Situated on the southeast corner of Custer Road and Frontier Parkway, the Kroger Marketplace will comprise a 99,000-square-foot grocery store and fuel station. In addition to the anchor, the center will also feature 54,000 square feet of small-shop and freestanding retail space across multiple buildings and pad sites. A timeline for completion was not disclosed. David Palmer of Weitzman is leading the development of Custer …
Tampa, Fla. — Creative Contractors Inc. has begun the $13.5 million renovation and modernization of Tampa Theatre, a historic cinema in downtown Tampa that opened on Oct. 15, 1926. The Tampa Bay-area general contractor will make audiovisual enhancements to the theater, as well as upgrades across the property’s HVAC, electrical and mechanical systems, including the installation of a new elevator. Other enhancements will include a refreshed concessions area, new bathrooms, a new stage truss system and upgraded theatrical lighting to support live performances and film presentations. The second and third …
Chapel Hill, N.C. — Ram Realty Advisors has signed leases with five new retail and restaurant tenants at University Place, a 410,000-square-foot mixed-use lifestyle center under development in Chapel Hill, roughly 30 miles east of Raleigh. H&H Bagels, VEG Emergency Vet and luxury wellness studio SWTHZ are already open at the center. Meanwhile, Barnes & Noble will open a 19,734-square-foot store in the fourth quarter of 2026, and Bliss Nail Spa will open a 1,695-square-foot salon in the second quarter of 2026. Owned and developed by Ram Realty Advisors, University Place …
Bloomington, Ill. — JLL Capital Markets has negotiated the $28.4 million sale of Empire Crossing, a 229,971-square-foot retail power center in Bloomington. Anchor tenants include Dick’s Sporting Goods, HomeGoods, Ashley Furniture HomeStore and DSW. The seller, BET Investments, completed a redevelopment that converted the long-vacant Kmart anchor store into multi-tenant space. Currently 85 percent occupied, the property offers value-add potential through 33,000 square feet of vacancy across eight suites. Michael Nieder and Brian Page of JLL represented the seller. Chase Properties was the buyer.
Indianapolis — Hanley Investment Group Real Estate Advisors has arranged the $1.9 million sale of a new, single-tenant ground lease at Southern Dunes Commons at Wellingshire, a nearly 19-acre mixed-use center under construction in Indianapolis. McDonald’s occupies the 3,780-square-foot building on a corporate-guaranteed, 20-year absolute triple-net ground lease. Dylan Mallory of Hanley, in association with ParaSell, Inc., represented the sellers, Wellingshire Partners LLC and Midland Atlantic Properties. Mehdi Star of Net Lease Exchange represented the buyer in the transaction. Southern Dunes Commons is approved for up to six restaurant and retail …
Coral Springs, Fla. — Mill Creek Residential has signed leases with eight new retailand restaurant tenants at Modera Coral Springs, a mixed-use community located in Coral Springs, a city in South Florida’s Broward County. Big Whiskey, Farmhouse Kitchen, Let’s Chill Homemade Ice Cream, Copenhagen Corner Wine Bar, Mitch’s Downtown Bagel Café, Paris Baguette, Coral Springs Museum of Art and TREMBLE Pilates Studio will join the development this year. Roughly 85 percent of the retail space is now leased. Modera Coral Springs features 32,589 square feet of ground-floor retail space and 704 …
Stillwater, Okla. — Hanley Investment Group Real Estate Advisors has arranged the $22.5 million sale of Lakeview Pointe Shopping Center, a 207,406-square-foot power center located in Stillwater, approximately two miles north of Oklahoma State University. Best Buy, Ross Dress for Less, Belk, Five Below and Petco anchor the center, which was 95 percent leased at the time of sale. Additional tenants include IBC Bank, Olive Garden, Texas Roadhouse, Lowe’s Home Improvement, Panda Express and Rack Room Shoes. Roughly 78 percent of Lakeview Pointe’s tenants have operated at the site for more …
