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Friendly Center
LeasingNewsNorth CarolinaRestaurantsRetailers

New Retailers, Restaurants to Open at Friendly Center in Greensboro, North Carolina

by Abby Cox

Greensboro, N.C. — CBL Properties has announced that four new restaurants and two new retailers will be joining the tenant lineup at its Friendly Center, a 1.3-million-square-foot regional center located in Greensboro. All four restaurants — Cooper’s Hawk, First Watch, North Italia and French artisan bakery Tous les Jours — as well as LEGO, plan to open by the end of the year, while Rowan anticipates opening this summer. Additional openings are expected in 2025. Current tenants at Friendly Center — which comprises more than 140 stores and services — include …

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24011-24031 Marguerite Parkway
CaliforniaInvestment salesNews

Hanley, Walseth Investment Broker $11.6 Million Sale of Shopping Center in Mission Viejo, California

by Abby Cox

Mission Viejo, Calif. — A partnership between Hanley Investment Group and Walseth Investment Co. has arranged the sale of a 51,312-square-foot shopping center located at 24011-24031 Marguerite Parkway in Mission Viejo, for $11.6 million. A 37,118-square-foot Orchard Supply Hardware store formerly anchored the property, which occupied more than 72 percent of the center. Originally built in 1973 and renovated in 2016, the center sits on 3.4 acres and includes a mix of tenants including A Cut Above, Little Caesars Pizza and Leslie’s Pool Supplies. Kevin Fryman, Bill Asher and Ed …

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Rodeo 72
CaliforniaDevelopmentNewsRestaurants

ALMQUIST to Open 20,000-Square-Foot Food Hall in Whittier, California

by Abby Cox

Whittier, Calif. — San Juan Capistrano, California-based ALMQUIST will open Rodeo 72, a 20,000-square-foot food hall in Whittier. The food hall is being created in a building that once housed a juvenile correctional facility. Rodeo 72 will contain 15 food and beverage concepts, a bar and a community-driven space for live music, local art and pop-up events. Additionally, tattoo studio Grailed Galley will also open inside Rodeo 72. The food hall is scheduled to open May 3. ALMQUIST has also developed Rodeo 39 Public Market in Stanton, California, and Rodeo …

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Smoothie King
DevelopmentNewsRestaurantsRetailersTexas

Smoothie King Opens 13 Locations, Secures 20 Store Commitments

by Abby Cox

Dallas — Smoothie King has opened 13 new stores across eight different states thus far in 2025. Seven of the new store openings are located in Smoothie King’s home state of Texas. The company has also secured 20 new store commitments, with approximately 60 percent of the signings obtained with existing franchises. The new agreement will span 15 different markets across 12 states, including multi-unit deals in Long Island, New York and Phoenix.

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DevelopmentLeasingNew JerseyNews

DICK’s House of Sport to Anchor Cherry Hill Mall in New Jersey

by Abby Cox

Cherry Hill, N.J. — PREIT has signed leases with five new tenants at its Cherry Hill Mall, a 1.3 million-square-foot shopping center located in Cherry Hill. The addition of a 120,000-square-foot DICK’s House of Sport will anchor the center, which is scheduled to open in 2026. The athletics retailer will offer in-store experiences such as a rock-climbing wall, multiple golf bays with TrackMan simulators, an outdoor track and field, as well as a multi-sport cage that customers can use to test products. DICK’s House of Sport will replace the former One …

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The Shops at Leander
Investment salesNewsTexas

Marcus & Millichap Arranges Sale of 37,233-Square-Foot Retail Center in Suburban Austin

by Abby Cox

Leander, Texas — Marcus & Millichap has arranged the sale of The Shops at Leander, a 37,233-square foot retail center located in the Austin suburb of Leander. Situated on three acres, the property comprises four multi-tenant buildings. Retailers at the center include Domino’s Pizza, Mathnasium, 9Round Kickboxing Fitness, Bahama Buck’s and DaVita. Coleman Solomon and Philip Levy of Marcus & Millichap’s Dallas and Austin offices, represented the seller, Kalantari Group, and procured the buyer, Birmingham, Alabama-based Shannon Waltchack, in the transaction.

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Tivoli Village at Queensridge
LeasingNevadaNews

Four New Tenants Join Tivoli Village at Queensridge in Las Vegas

by Abby Cox

Las Vegas — Four new tenants have signed leases to join Tivoli Village at Queensridge, a 1 million-square-foot mixed-use development located in the Queensridge neighborhood of Las Vegas. Scissors and Scotch has already opened at the property, while Prenuvo is scheduled to open in the spring. Design Within Reach and Saatva are expected to open this summer. Additional tenants at the property include Restoration Hardware, Merrill Lynch, Al Solito Posto, Leone Café, Regus, PKWY Tavern and La Casa. Managed by Vestar and owned by 3D Investments, Tivoli Village at Queensridge …

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Architecture and DesignDevelopmentGrocery-anchoredNewsTexas

Whitestone Begins Redevelopment of Lion Square in Houston’s Asiatown District

by Abby Cox

Houston — Whitestone REIT is underway with the redevelopment of Lion Square, a 117,592-square-foot shopping center located in Southwest Houston’s Asiatown District at the intersection of Bellaire Boulevard and Wilcrest Drive. Michael Hsu Office of Architecture is upgrading the property’s design with traditional Chinese and Vietnamese architectural influences, with plans to transform the center into a cultural hub that will serve the city’s expansive Asian community. The property will include greenery, sustainable irrigation systems, security and lighting enhancements and a focus on improving the center’s walkability. Asian grocer Sun Wing Supermarket …

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Investment salesNewsTexas

Headwall Investments Acquires 5,140-Square-Foot Shopping Center in Fort Worth, Texas

by Abby Cox

Fort Worth, Texas — Headwall Investments has acquired River District Plaza, a 5,140-square-foot, three-tenant shopping center located in Fort Worth. This transaction marks the firm’s 17th shopping center acquisition, expanding its portfolio to more than 585,600 square feet across the metro Texas areas of Austin, San Antonio, Dallas-Fort Worth and Houston. River District Plaza was fully leased to Wingstop, No Place Like Home and Rustic on the River at the time of sale.

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Jeanette-Oliver-Levin-Management
Company newsNew JerseyNews

Levin Management Corporation Appoints Jeanette Oliver Chief Financial Officer

by Abby Cox

North Plainfield, N.J. — Levin Management Corp. (LMC) has appointed Jeanette Oliver, an industry veteran with more than 25 years of experience in the real estate and development industries, to the role of chief financial officer. Oliver previously served as chief accounting officer at Silverstein Properties Inc. and as an accounting director at Forest City Ratner Cos. In her new role, Oliver will be responsible for LMC’s finance, accounting, budgeting, credit, cash management and lease administration functions.

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