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The-Smoke-Shop-Clippership-Wharf_Boston
LeasingMassachusettsMixed-useNewsRestaurants

Lendlease Signs Leases with Three Eateries at Clippership Wharf Development in Boston

by Hayden Spiess

Boston — Lendlease has signed leases with three food-and-beverage concepts at Clippership Wharf, a mixed-use residential development situated on a seven acres in Boston. Italian restaurant Mida and barbecue concept The Smoke Shop both opened restaurants at the property this summer, occupying 2,900 and 4,000 square feet, respectively. Café Iterum also opened at the development in late 2021, leasing a 1,100-square-foot space and an additional 1,400-square-foot patio. The retail space at the property is now fully occupied. 

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Detroit-Music-Hall-Expansion
DevelopmentMichiganNews

Detroit Music Hall Unveils Plans for $122 Million Expansion

by Hayden Spiess

Detroit — Detroit Music Hall has unveiled plans for a $122 million expansion project designed by Tod Williams Billie Tsien Architects. At seven stories and 100,000 square feet, the expansion is the culmination of an extensive 2023 feasibility study. The multipurpose music center will occupy the lot adjacent to the classic 1928 Music Hall, a landmarked facility in the heart of downtown Detroit at the corner of Brush and Madison streets. The new facility will feature a state-of-the-art 24,000-square-foot concert hall, 1,800-square-foot recital hall, recording and practice studios, leasable office space …

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CaliforniaEntertainmentLeasingNews

Main Event Entertainment Signs 51,802-Square-Foot Lease at Montclair Place in Southern California

by Hayden Spiess

Montclair, Calif. — Main Event Entertainment has signed a 51,802-square-foot lease at Montclair Place, a 1.2 million-square-foot retail center located in Montclair. Main Event will operate  a venue featuring 20 bowling lanes, laser tag, escape rooms, banquet rooms, private bowling lanes and food and beverages, with the opening scheduled for 2025. CIM Group is the landlord. Main Event will occupy the ground floor of a 134,000-square-foot, two-story building. Dave & Buster’s Entertainment acquired the brand, which currently operates in more than 50 locations, in 2022. 

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LeasingNewsTexas

Four Tenants Sign Leases Totaling 13,401 Square Feet at LaCenterra at Cinco Ranch in Texas

by Hayden Spiess

Katy, Texas — Four new tenants have signed leases totaling 13,401 square feet at LaCenterra at Cinco Ranch, a retail center located in Katy, roughly 30 miles outside Houston. Kilwins will open a 1,014-square-foot sweets shop in the fourth quarter of this year, and Nando’s will open a 2,754-square-foot restaurant in January. IKEA and lululemon have also signed leases at the property and will occupy 5,500 and 4,133 square feet, respectively, beginning next year. JLL manages the property. 

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Scheels_Cedar-Park
DevelopmentLeasingMixed-useNewsTexas

Scheels to Open 240,000-Square-Foot Sporting Goods Store in Metro Austin

by Hayden Spiess

Cedar Park, Texas — Scheels, an employee-owned sporting goods retailer based in Fargo, North Dakota, plans to open a 240,000-square-foot store in Cedar Park, a northern suburb of Austin. The store will be the retailer’s second “All Sports” location to open in Texas, joining a store at Grandscape in The Colony that opened in 2020. Scheels plans to employ more than 500 associates at the store, most of whom will be local to Cedar Park. The Cedar Park Scheels is the second anchor tenant announced for CedarView, a mixed-use development that …

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DICK'S House of Sport
DevelopmentNewsTexas

Graycor Completes Renovations at DICK’S House of Sport Stores Totaling 200,000 Square Feet in Texas

by Hayden Spiess

Friendswood and Katy, Texas — Graycor Construction has completed the renovation of two DICK’S House of Sport stores in Texas. Located in Friendswood and Katy, the spaces comprise roughly 100,000 square feet each and feature a climbing wall, multisport cage and golf simulation. Fox Design was the architect for both projects, which included both interior and exterior updates. 

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Investment salesNewsWashington

HDA Partners Acquires Retail Center in Metro Portland for $3.6 Million

by Hayden Spiess

Vancouver, Wash. — HDA Partners has purchased Y Plaza, a 22,000-square-foot retail center in Vancouver, roughly 10 miles north of Portland, for $3.6 million. Deborah Ewing of Fuller Group Commercial Real Estate Services represented the seller, Slosar Properties, in the transaction. Eric Garske of Marcus & Millichap represented HDA.

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LeasingNewsNorth Carolina

Planet Fitness Signs 18,000-Square-Foot Lease in Metro Charlotte

by Hayden Spiess

Newton, N.C. — Planet Fitness has signed an 18,000-square-foot lease in Newton, roughly 40 miles outside Charlotte. The tenant will operate in half of a space formerly occupied by Bi-Lo at Marketplace Center. Prior to the lease, the space was vacant for more than seven years. Tad Anderson of Ardor Commercial Advisors represented the landlord, RVS Realty, in the lease negotiations. Jay Hagerman of Providence Group represented Planet Fitness. 

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Trail-Plaza_Miami
FloridaGrocery-anchoredInvestment salesNews

CBRE Brokers $49.3 Million Sale of Shopping Center in Miami

by Hayden Spiess

Miami — CBRE has brokered the $49.3 million sale of Trail Plaza, a 181,558-square-foot shopping center located in Miami. Built in 1987, the property was 99 percent leased at the time of sale. Tenants at the center include Fresco y Más, Walgreens, Harbor Freight Tools and Party Depot. Casey Rosen and Dennis Carson of CBRE represented the undisclosed seller in the transaction. An entity controlled by Longpoint Realty Partners acquired the property. 

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