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Academy-Sports---Outdoors
Company newsNewsTexas

Academy Sports + Outdoors Plans to Expand by 160 to 180 Stores Over Next Five Years

by Hayden Spiess

Katy, Texas — Sporting goods retailer Academy Sports + Outdoors has announced plans to open 160 to 180 new stores over the next five years.  Half of the new stores are expected to open in markets where the retailer has an existing footprint. The remaining 80 to 90 stores are planned for new and adjacent markets, with a focus on expanding to smaller and mid-sized markets. The company sees these locations as offering higher opportunities for profit despite lower sales volumes. These openings will increase the Katy-based retailer’s footprint from 282 …

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Anthem_Arlington-Texas
DevelopmentMixed-useNewsTexas

Trademark to Redevelop 45-Acre Lincoln Square in Dallas-Fort Worth Metro

by Hayden Spiess

Arlington, Texas — Trademark Property Co. will redevelop Lincoln Square, a 45-acre shopping center located in Arlington, roughly 14 miles outside Fort Worth. Trademark plans to reposition the property as a mixed-use development and has received approval to rezone the site from the City of Arlington. Construction is scheduled to begin in the second quarter of next year. Upon completion, the first phase of the project — dubbed Anthem — will feature 152,000 square feet of retail and restaurant space, as well as a hotel, apartments and office space. Plans also …

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Kenley-Village_Hagerstown-Md
Investment salesMarylandNews

Legacy Arranges Sale of 51,894-Square-Foot Shopping Center in Hagerstown, Maryland

by Hayden Spiess

Hagerstown, Md. — Legacy Realty Group Advisors has arranged the sale of Kenley Village, a 51,894-square-foot shopping center located in Hagerstown. Dollar General Market anchors the property, which was 66 percent occupied at the time of sale. Jacob Baruch, Jonah Warshaw and Ari Warshaw of Legacy represented both the buyer and seller in the transaction. 

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Goldmine-Village_Dahlonega-Ga
GeorgiaInvestment salesNews

Marcus & Millichap Brokers $4.4 Million Sale of Retail Center in Dahlonega, Georgia

by Hayden Spiess

Dahlonega, Ga. — Marcus & Millichap has brokered the $4.4 million sale of Goldmine Village, a 28,000-square-foot retail center located in Dahlonega. Walmart anchors the property, which was fully occupied at the time of sale. Eric Abbott and Zach Taylor of Marcus & Millichap represented the buyer, an entity doing business as AGW Goldmine LLC, in the transaction.  “This is a great long-term investment for our client,” says Abbott. “Dahlonega is a unique market in that it is directly in North Atlanta’s path of growth, but it’s tough to find inventory …

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Lucky-Strike-Miami
EntertainmentFloridaNews

Bowlero Opens 30,000-Square-Foot Lucky Strike Bowling Alley at Miami Worldcenter

by Hayden Spiess

Miami — Bowlero Corp. has opened Lucky Strike Miami, a 30,000-square-foot entertainment venue within the $6 billion Miami Worldcenter development. The facility is the second new build for Bowlero under the Lucky Strike name since acquiring the brand in September 2023. Lucky Strike Miami features 28 bowling lanes, an arcade, craft cocktail bar, food service and a VIP room with six private bowling lanes.

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Centennial-Yards_Atlanta
DevelopmentEntertainmentGeorgiaMixed-useNews

Centennial Yards Co. Unveils Plans for 480,000-Square-Foot Entertainment District in Downtown Atlanta

by Hayden Spiess

Atlanta — Centennial Yards Co., a development entity owned by CIM Group, has unveiled plans for a new entertainment district that will comprise the next phase of its $5 billion Centennial Yards mixed-use destination in downtown Atlanta. Spanning eight acres adjacent to Mercedes-Benz Stadium and State Farm Arena, the mixed-use entertainment will span 480,000 square feet across four buildings, in addition to a fan gathering area that the developer says will be heavily utilized during the games held in Atlanta during the 2026 FIFA World Cup. Designed by Gensler, the new …

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BJs-Wholesale-Club
Company newsFloridaIndianaMassachusettsNewsSouth CarolinaTennessee

BJ’s Wholesale Club to Open Five New Stores in the Southeast and Indiana

by Hayden Spiess

Marlborough, Mass. — BJ’s Wholesale Club, a Massachusetts-based operator of member retail warehouse locations, plans to open five new clubs in the Southeast and Indiana this fiscal year, which ends Feb. 1, 2025. The new clubs will be located in Maryville, Tennessee, a suburb of Knoxville; Myrtle Beach, South Carolina; Palm Coast and West Palm Beach in South Florida; and Carmel, Indiana, a suburb of Indianapolis. Earlier this month, the company announced its plans to open a new store near Jefferson Mall in Louisville, Kentucky. BJ’s Wholesale Club’s current portfolio comprises …

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Elements-Horsham
Investment salesNewsPennsylvania

FNRP Acquires 50,353-Square-Foot Retail Property in Metro Philadelphia

by Hayden Spiess

Horsham, Pa. — First National Realty Partners (FNRP) has acquired Elements Horsham, a 50,353-square-foot retail property located in Horsham, roughly 25 miles north of Philadelphia. The property was 94 percent leased at the time of sale to tenants including Starbucks Coffee, MaGerk’s Pub & Grill, Aqua-Tots Swim School, TruMark Financial and Charles Schwab. James Galbally, Patrick Higgins, Chris Munley and Colin Behr of JLL represented the undisclosed seller in the transaction.

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ArizonaDevelopmentInvestment salesNews

Peak Southern Purchases 5.8-Acre Retail Development Site in Phoenix Suburb

by Hayden Spiess

Mesa, Ariz. — Peak Southern LLC has purchased a 5.8-acre land site in the Phoenix suburb of Mesa. Signal Butte & Southern LLC sold the property for $3 million. John Jackson and Kristina Remon of Colliers in Arizona arranged the transaction. The buyer plans to develop a retail center on the property. According to Colliers, the property will be divided into three pad sites that are available for purchase, build-to-suit or ground lease, and the construction schedule will be dependent upon the execution of purchases and leases.

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