News

Hiram-Walk_Hiram-Ga

Hiram, Ga. — SRS Real Estate Partners has brokered the $8 million sale of Hiram Walk, a 13,801-square-foot retail center located in Hiram, roughly 27 miles outside Atlanta. Tenants at the center, which was built in 2004, include Starbucks Coffee, Buffalo Wild Wings, T-Mobile, Cold Stone Creamery and Moe’s Southwest Grill. The property is an outparcel to Hiram Pavilion. Jeff Enck of SRS represented the undisclosed seller. An entity doing business as H Walk LLC was the buyer.  

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Painted-Pickle

Atlanta — Painted Hospitality will open two new eatertainment concepts in Atlanta. The first, Painted Pickle, is scheduled to open in December at Armour Yards. Totaling 32,500 square feet, the venue will feature indoor pickleball courts, one outdoor court, a stage for live music, other games and a food-and-beverage menu including small plates, salads, bowls, sushi, charcuterie boards, paninis, cocktails, craft beer and artisanal wine. Painted Park, the second concept, will offer recreational assembly space, green space and private event space. The property will feature two indoor bars, a full kitchen, …

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Erewhon_Pasadena-Calif

Pasadena, Calif. — A consortium of investors doing business as 475 South Lake Avenue LLC has completed the redevelopment of a 45,000-square-foot historic retail building in Pasadena. Originally constructed in 1949 as a department store, the I. Magnin & Co. building was most recently occupied by Borders Books & Music more than a decade ago. Erewhon now occupies space on the ground floor and basement level of the property, with childcare center Brella and women’s healthcare clinic Tia occupying the second floor. Architecture, planning and interior design firm RDC and Humberto …

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3-Corners_Frisco-Texas

Frisco, Texas — STRIVE has arranged the sale of 3 Corners Plaza — Building 2, a 10,339-square-foot retail center located in Frisco. The property was fully leased at the time of sale. Adam Gottschalk and Hudson Lambert of STRIVE represented the seller in the transaction. An undisclosed California-based investor purchased the property. 

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Viera, Fla. — Gifts & More at The Paper Store will open an outpost at The Avenue Viera, a retail center located in Viera. Scheduled to open next week, the store will total 12,000 square feet. Other tenants at the center include lululemon, Sephora and Club Pilates. WS Development is the landlord. 

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Edgewood-Plaza_Edgewood-Md

Edgewood, Md. — KLNB has brokered the $10.4 million sale of Edgewood Plaza, a retail center located in Edgewood, roughly 25 miles outside Baltimore. Food Lion anchors the 76,000-square-foot property. Dollar General is also a tenant at the property, which was 96 percent leased at the time of sale. Chris Burnham, Andy Stape, Vito Lupo and Jake Furnary of KLNB represented the seller, Sandmar Properties, in the transaction. 

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Crush-Yard

Orlando, Fla. and Mount Pleasant, S.C. — Crush Yard will open two new pickleball clubs in Florida and South Carolina. Opening later this month, the first venue will total 40,000 square feet in Mount Pleasant, South Carolina. In November, a 50,000-square-foot facility will open in Orlando, occupying a former Bed Bath and Beyond building. The clubs will feature pickleball courts, as well as access to coaches. The South Carolina Crush Yard will also feature coffee from One Nation Coffee and beer from Holy City Brewing. 

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Mattoon-Marketplace_Mattoon-Ill

Mattoon, Ill. — Mid-America Real Estate Corp. has arranged the sale of Mattoon Marketplace, a 73,225-square-foot shopping center located in Mattoon. Tenants at the property include PetSmart, Dollar Tree, Cato, Hibbett Sporting Goods, Aspen Dental, Buffalo Wild Wings, Verizon and Shoe Sensation. Rick Drogosz and Emily Gadomski of Mid-America brokered the transaction on behalf of the seller, United American Properties. Chase Properties acquired the center for an undisclosed price. 

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Starling_Nashville

Nashville, Tenn. —Portman has signed two new food-and-beverage tenants to the 17,000-square-foot commercial space at Starling, an apartment tower currently under development in Nashville. The new tenants include Retrograde Coffee, a neighborhood coffee shop, and Social Cantina, a modern Mexican restaurant and tequila bar. The coffee shop will be the first café to front the Cumberland River Greenway, which Portman is expanding to connect directly to Starling tower. The Social Cantina location will feature an outdoor patio.

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