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Company newsDevelopmentNewsRestaurants

Mountain Mike’s Pizza Opens 24 New Restaurants in 2025, Targets 25 More in 2026

by Abby Cox

Irvine, Calif. — Irvine, California-based Mountain Mike’s closed out 2025 with record unit growth, marking the most new restaurant openings in the brand’s history. Along with the debut of its 300th location in Las Vegas, Mountain Mike’s opened 24 new restaurants across six new markets and signed franchise agreements to add 19 new restaurants to the development pipeline. By year’s end, Mountain Mike’s was operating in more than 30 markets coast-to-coast, with roughly 100 locations under development in 16 states. Looking ahead, the brand is targeting 25 new restaurant openings in …

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CaliforniaEntertainmentInvestment salesNews

TMG, Bridges Capital Acquire 320,000-Square-Foot Metreon Shopping Center in Downtown San Francisco

by Abby Cox

San Francisco — TMG Partners and equity partner Bridges Capital LLC have acquired Metreon, a 320,000-square-foot, vertically oriented shopping center in downtown San Francisco. Built in 1999, the retail and entertainment destination is anchored by Target and a 16-screen AMC Theatres that features the tallest IMAX screen in North America. Locally based TMG and Bridges Capital purchased the four-story property from Acore Capital in a deed-in-lieu transaction. The sales price was not disclosed. The City and County of San Francisco will continue to retain ownership of Metreon’s ground lease through …

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Grocery-anchoredInvestment salesNewsOhio

Legacy Realty Group Arranges $6.4 Million Sale of Grocery-Anchored Center in Metro Cleveland, Ohio

by Abby Cox

Olmsted Township, Ohio — Legacy Realty Group Advisors has arranged the $6.4 million sale of Kingston Corners, a 57,275-square-foot shopping center in Olmsted Township, approximately 20 miles southwest of Cleveland. Jacob Baruch, Daniel Baruch and Ari Warshaw of Legacy Realty Group Advisors represented both the buyer and seller in the off-market transaction. Shaker’s Marketplace anchors the property, which was fully occupied at the time of sale, according to Loop Net. Built in 1985, Kingston Corners sits on nearly 5 acres.

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GeorgiaInvestment salesNews

Marcus & Millichap Brokers $5.3 Million Sale of Shopping Center in Cedartown, Georgia

by Abby Cox

Cedartown, Ga. — Marcus & Millichap has brokered the $5.3 million sale of a 30,600-square-foot shopping center located at 1583 Rome Highway in Cedartown, roughly 70 miles northwest of Atlanta. Eric Abbott and Zach Taylor of Marcus & Millichap represented the seller, a private local investor, in the transaction. Situated on nearly 5.5 acres, the shopping center was fully leased to 11 tenants at the time of sale including Dollar Tree, AT&T, Cato Fashions, Shoe Show, Little Caesars and Amedisys. The property has recently undergone renovations such as the addition of a new parking …

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DevelopmentNewsRestaurants

Eggs Up Grill Signs Five-Unit Franchise Agreement in Texas

by Abby Cox

Houston — Fast-casual American-style restaurant Eggs Up Grill has signed a franchise agreement to open five new restaurants across Texas. Texas franchise partners Louis and Lisa Jones will own and operate the restaurants. In addition to the Houston area, Eggs Up Grill continues to pursue expansion opportunities across Texas, including Dallas-Fort Worth, Central Texas, San Antonio and other markets throughout the state. Founded in 1997, Eggs Up Grill operates more than 100 locations nationwide with more than 90 additional units in development or committed to open.

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Company newsNewsRetailers

Francesca’s Files for Chapter 11 Bankruptcy, Will Close All Stores Nationwide

by Abby Cox

Houston — Houston-based women’s clothing and accessories retailer Francesca’s, has voluntarily filed for Chapter 11 bankruptcy protection in the District of New Jersey. This filing marks the second time in six years that the retailer has sought bankruptcy protection, with plans to liquidate its inventory and close all of its approximately 400 remaining stores.  Tiger Group, SB360 Capital Partners and GA Group, who are acting as advisors to Francesca’s, have commenced court-approved store closing sales across the company’s entire store fleet as part of the Chapter 11 process. Discounts will range from 25 …

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Franklin Village Plaza
ConnecticutFinanceGrocery-anchoredMassachusettsNew JerseyNewsPennsylvania

Newmark Group Arranges $415 Million in Financing for Northeast Grocery-Anchored Retail Portfolio

by Abby Cox

New York — Newmark has arranged a $415 million loan to refinance a retail portfolio across Connecticut, Pennsylvania, New Jersey and Massachusetts. Totaling 2.4 million square feet, the portfolio comprises 13 open-air centers that are located in densely populated infill markets. Twelve of the properties are anchored by grocery tenants. Jordan Roeschlaub, Nick Scribani, John Caraviello and Dan Axelson and Adam Doneger of Newmark secured the financing through HPS Investment Partners on behalf of a separate managed account for the borrowers, DRA Advisors and KPR Centers.

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Investment salesNew JerseyNews

NAI DiLeo-Bram & Co. Negotiates $4.5 Million Sale of Single-Tenant Retail Property in Linden, New Jersey

by Abby Cox

Linden, N.J. — NAI DiLeo-Bram & Co. (NAIDB) has negotiated the $4.5 million sale of a single-tenant retail property located in the northern New Jersey community of Linden. The 3,650-square-foot gas station and convenience store was formerly occupied by Speedway. Jennifer Harrison of NAIDB represented the buyer, Rona 22 LLC, which is doing business as Fuel One. Glenn Beyer of Newmark and Justin Glenn of Excess Space represented the seller, Speedway LLC, in the transaction. Fuel One plans to continue operating the location as a fuel and convenience center and expects …

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Grocery-anchoredInvestment salesNewsNorth Carolina

Legacy Realty Group Brokers Sale of Grocery-Anchored Shopping Center in Monroe, North Carolina

by Abby Cox

Monroe, N.C. — Legacy Realty Group Advisors has brokered the sale of Sunset Plaza, a 58,477-square-foot shopping center located in Monroe, approximately 30 miles southeast of Charlotte. Food Lion anchors the property, which features a mix of additional tenants including Family Dollar, Monster Mini Golf and Monroe Family Pharmacy. Built in 1976 and renovated in 2023, Sunset Plaza sits on nearly 5 acres. Jacob Baruch and Daniel Baruch of Legacy Realty Group Advisors represented both the buyer and seller in the transaction.

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Company newsNewsRetailers

Eddie Bauer Store Operator Files for Chapter 11 Bankruptcy

by Abby Cox

Bellevue, Wash. — The operator of Eddie Bauer stores has entered into a voluntary Restructuring Support Agreement (RSA) and has commenced chapter 11 proceedings in the U.S. Bankruptcy Court of the District of New Jersey. The bankruptcy filing for the company involves the entity managing physical stores — Catalyst Brands — not the brand itself, which is owned by Authentic Brands Group and SPARC Group. Eddie Bauer retail and outlet stores in the United States and Canada will remain open and continue serving customers as the company begins its process of closing …

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