Aurora, Ill. — Four new retailers will join Fox Valley Mall, a three-story shopping center located in Aurora, approximately 40 miles outside Chicago. NY Designer Rack has opened a 3,187-square-foot store at the property, and Fox Valley Convenience, XIMI Life and Sushi Mania will occupy 786; 2,867; and 220 square feet, respectively. All tenants are scheduled to open by the end of this year. Centennial is the landlord at the shopping center, which is managed by Centennial Real Estate Management Co.
Alpharetta, Ga. — North American Properties (NAP) has announced plans for the addition of new entertainment elements at Avalon, a 2.4 million-square-foot mixed-use development located in the Atlanta suburb of Alpharetta. Construction is scheduled to begin in January 2024 and will include the addition of a raised, covered performance stage and an LED screen. The features will comprise 576 and 180 square feet, respectively. Avalon features 500,000 square feet of retail space, in addition to a hotel and office and residential space. NAP developed the project in 2012 and manages the …
Brookhaven, Ga. — Connolly has signed new tenants to Parkside on Dresden, a $70 million mixed-use development underway in the Atlanta suburb of Brookhaven. The four-acre development is scheduled to open in fall 2024 and will comprise residential units, as well as 32,000 square feet of retail and restaurant space. Tenants will include Confab Kitchen and Bar, Honeysuckle Gelato, Café Vendome, Clean Juice, El Valle, MIRAE and F45 Training. Mindy Elms and Ed O’Connor of Lavista Associates Inc. manage retail leasing at the property on behalf of Connolly.
Mesa, Ariz. — A joint venture managed by Crow Holdings Capital has purchased The Shops at Sossaman, a 34,151-square-foot retail center located in Mesa. Abington Emerson Investments sold the property for $8.1 million. Tenants at the center, which was built in 2002, include Banner Health Physical Therapy, East Valley Pet Urgent Care, Empower Academy and Crave Pizza. The property was fully leased at the time of sale. Steve Julius, Jesse Goldsmith and Chase Dorsett of Newmark represented the buyer and seller in the transaction.
New York City — Fitness International has signed a 36,500-square-foot lease in New York City. Occupying the entirety of the retail space at 59 Maiden Lane in Manhattan, Fitness International will open a Club Studio facility at the property. Club Studio offers boutique fitness classes and amenities. David Abrams, Eliot Goldschmidt, Jeff Jacobson and Brandon Miller of masonre represented the landlord, AmTrust RE, in the lease negotiations. Chase Welles of The Shopping Center Group and John Kalamaras of RealSource Group represented the tenant.
Wauwatosa, Wis. — Dollar Tree has signed a 10,500-square-foot lease in the Milwaukee suburb of Wauwatosa. The store will be situated within Burleigh Square. Emily Smits and Mike Fitzgerald of Mid-America Real Estate represented the landlord, an entity doing business as CPG Wauwatosa LLC.
Aventura, Fla. — Diamonds Direct has opened a new store in Aventura. Situated on Biscayne Boulevard, the showroom totals 6,000 square feet. The store offers loose and mounted diamonds, engagement ring mountings, jewelry, wedding bands and pearls, among other products.
Delray Beach, Fla. —Benderson Development has acquired Linton Commons, an 85,000-square-foot retail center located in Delray Beach. Tenants at the property include RH Outlet, Guitar Center, PetSmart, Chipotle Mexican Grill and AT&T. Benderson’s portfolio in the state also includes a freestanding Publix Super Market in Pompano Beach, which was acquired in August, and a Publix-anchored shopping center in Englewood. Matt Berres, Samer Khalil and Karick Brown of Newmark represented the seller and procured the buyer in cooperation with Bert Sanders of Newmark.
Henderson, Nev. — CTO Realty Growth has sold Eastern Commons, a 129,600-square-foot shopping center located in Henderson, roughly 15 miles outside Las Vegas. An undisclosed buyer acquired the property for $18.2 million. The seller plans to utilize proceeds from the sale in a 1031-exchange transaction.
Scottsville, Ky. — Legacy Realty Group Advisors has brokered the sale of Scottsville Shopping Center, a 31,800-square-foot retail center located in Scottsville. Food Lion anchors the property. Jacob Baruch and Jonah Warshaw of Legacy represented both the buyer and seller in the transaction.