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Dadeland-Station
FloridaLeasingNews

Two New Retail Tenants Open at Dadeland Station in Miami

by Abby Cox

Miami — Two new anchor tenants have opened at Dadeland Station, a 350,000-square-foot, three-level power center located in Miami, just east of the Dadeland Mall. Burlington opened in August, followed by Marshalls in September. Together, the off-price retailers add approximately 62,000 square feet of leased space to the property. The new stores join a roster of additional tenants including Target, Best Buy, Michaels, PetSmart, Starbucks Coffee, Subway, Avis, Enterprise Rent-A-Car and Lan Pan-Asian Café. Berkowitz Development Group holds a 60 percent majority stake in Dadeland Station, managing and operating the property …

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ArizonaCompany newsNewsRestaurants

True Food Kitchen Files for Chapter 11 Bankruptcy

by Abby Cox

Scottsdale, Ariz. — True Food Kitchen, a wellness-driven casual restaurant chain, has voluntarily filed for Chapter 11 bankruptcy protections in the U.S. Bankruptcy Court for the Southern District of Texas. As part of its restructuring, the chain has closed 12 restaurants. Its remaining 34 locations, which span 14 states, remain in operation. According to the press release, True Food Kitchen will pursue a court-supervised sale and will identify a long-term partner with the resources and alignment to support the chain’s future. True Food Kitchen also shared that it would use the …

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DevelopmentNewsRestaurantsSouth Carolina

Eggs Up Grill Signs 11-Unit Franchise Agreement

by Abby Cox

Spartanburg, S.C. — Daytime restaurant brand Eggs Up Grill has signed a franchise agreement across four different franchise groups to open 11 new restaurants. The 11 commitments will expand the brand across both new and existing markets, including Eggs Up Grill’s first entry into Kansas. Eggs Up Grill also opened three restaurants during the quarter in Bonaire, Georgia; Spears Creek, South Carolina; and Mt. Pleasant, South Carolina. Eggs Up Grill operates more than 110 locations in the country, with over 90 additional units under development.

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Rivoli-Crossing
GeorgiaInvestment salesNews

Atlantic Capital Partners Arranges $10.6 Million Sale of Rivoli Crossing in Macon, Georgia

by Abby Cox

Macon, Ga. — Atlantic Capital Partners has arranged the $10.6 million sale of Rivoli Crossing, a 95,977-square-foot shopping center located in Macon. Rivoli Crossing was 53 percent leased at the time of sale to 12 service-oriented tenants such as Orangetheory, Leslie’s Pool Supplies and Dollar Tree, and is anchored by The Fresh Market. The center also features a 35,716-square-foot big-box vacancy, in addition to 7,978 square feet of available inline shop space. Fred Victor, Sam Koonce, Teddy Driscoll and Matt Austin of Atlantic Capital Partners represented the seller, Coro Realty, in …

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the-marketplace-at-huntington-valley
Grocery-anchoredInvestment salesNewsPennsylvania

Wilder, J.P. Morgan Acquire The Marketplace at Huntingdon Valley in Metro Philadelphia

by Abby Cox

Huntingdon Valley, Pa. — Wilder and J.P. Morgan Asset Management have acquired The Marketplace at Huntingdon Valley, a 257,000-square-foot community center located in Huntingdon Valley, roughly 20 miles north of Philadelphia. Weis Markets anchors the property, which was 95 percent occupied at the time of sale. Additional tenants include LA Fitness, Penn Cinema, Starbucks Coffee, Chipotle Mexican Grill, Dunkin’, Hand & Stone Massage & Facial Spa and Pennsylvania Fine Wine & Good Spirits. Wilder will oversee leasing, management, marketing and asset strategy for the property, with an immediate focus on placemaking, …

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Alafaya Square
FloridaGrocery-anchoredInvestment salesNews

Phillips Edison & Co. Purchases Grocery-Anchored Center in Oviedo, Florida, for $69.1 Million

by Abby Cox

Oviedo, Fla. — Phillips Edison & Co. has acquired Alafaya Square, a 168,532-square-foot center located in the northeast Orlando suburb of Oviedo, for $69.1 million. Danny Finkle, Jorge Portela and Evan Lahr of JLL Capital Markets represented the seller, a joint venture between MCB Real Estate and an institutional investor, in the transaction. Alafaya Square, which was 96 percent occupied at the time of sale, is anchored by a newly built Publix. Other tenants at the center include Planet Fitness, IHOP, Keller Williams, Froggers Grill & Bar and Arcade Monsters.

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Southside at McEwen
Grocery-anchoredInvestment salesNewsTennessee

Nuveen Sells 92,470-Square-Foot Center in Metro Nashville, Tennessee

by Abby Cox

Franklin, Tenn. — New York City-based Nuveen Real Estate has sold Southside at McEwen, a 92,470-square-foot retail center located in Franklin, roughly 20 miles south of downtown Nashville. Jim Hamilton, Brad Buchanan and John Perry Hilton of JLL represented Nuveen in the transaction. Dallas-based Lincoln Property Co. served as the investment advisor for the buyer, a high net-worth family office. The sales price was not disclosed. Whole Foods Market anchors Southside at McEwen, which was built in 2012 on approximately 10.5 acres. The fully leased center features a mix of …

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CaliforniaDevelopmentNewsRetailers

Ross Opens 51 Stores Across 17 States in September, October

by Abby Cox

Dublin, Calif. — Ross Stores Inc. has opened 51 new locations throughout the months of September and October, including 41 Ross Dress for Less and 10 dd’s DISCOUNTS stores. This expansion, which spans 17 states, has completed the company’s growth plans for fiscal 2026, with the addition of 115 new locations throughout the year. Together, Ross Dress for Less and dd’s DISCOUNTS currently operate approximately 2,377 stores across 45 states, the District of Columbia, Guam and Puerto Rico.

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Hilliard-Rome-Commons
Investment salesNewsOhioPower centers

CASTO Acquires Power Center in Metro Columbus, Ohio, for $20.5 Million

by Abby Cox

Hillard, Ohio — CASTO has acquired Hilliard Rome Commons, a 106,922-square-foot power center located in Hillard, approximately 10 miles northwest of Columbus, for $20.5 million. Michael Nieder and Brian Page of JLL Capital Markets represented the seller, RCG Ventures, in the transaction. Built in 2002, Hilliard Rome Commons was fully leased at the time of sale to tenants including Burlington, HomeGoods, Ulta Beauty, pOpshelf, Buffalo Wild Wings and Bank of America, which is situated on a separate outparcel.

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FinanceMissouriNews

CBL Properties Receives $135 Million Refinancing for St. Louis Mall

by Abby Cox

St. Louis — CBL Properties has received a $135 million refinancing of its mortgage loan for West County Center, a 1.2 million-square-foot regional mall located in St. Louis. The new loan, which replaces an existing $136.4 million loan that was scheduled to mature in December, carries a five-year term with a fixed interest rate of 7.4 percent.  After repayment of the maturing loan and the release of existing escrow balances, CBL received roughly $2 million in net proceeds from the new financing. The financing also removes the cash management sweep associated …

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