Friday, June 13, 2025
Read the Digital Magazines
Subscribe

News

Bubba-33
IndianaInvestment salesNet leaseNewsRestaurants

SRS Arranges $2.6 Million Ground Lease Sale of Restaurant in Metro Indianapolis

by Hayden Spiess

Avon, Ind. — SRS Real Estate Partners has arranged the $2.6 million ground lease sale of a 7,000-square-foot restaurant property in Avon, about 13 miles west of Indianapolis. Bubba’s 33 occupies the newly constructed property on a 15-year triple-net lease that is corporate guaranteed by parent company Texas Roadhouse Inc. Founded in 2013, Bubba’s 33 is an expanding sister brand of Texas Roadhouse. Morgan Merrill and Sarah Shanks of SRS represented the seller, Texas Roadhouse Inc. A California-based private investor was the buyer. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Sunrise-Market_Verrado-Ariz
ArizonaDevelopmentMixed-useNews

HCCJ Family Partners Breaks Ground on 35,000-Square-Foot Mixed-Use Development in Metro Phoenix 

by Hayden Spiess

Verrado, Ariz. — HCCJ Family Partners has broken ground on Sunrise Market, a 35,000-square-foot mixed-use development located in Verrado, roughly 30 miles west of Phoenix. Tenants at the property, which is currently 65 percent pre-leased, will include Copper & Sage, Bobazona, Bosa Donut and Honey Nail. James DeCremer, Matt Milinovich, Alec Miller and Drew Sampson of Avison Young manage leasing at the project on behalf of HCCJ. Construction is scheduled for completion in January 2024. 

Continue Reading
0 FacebookTwitterLinkedinEmail
ConnecticutDevelopmentFinanceNews

GreenLake Provides $34.4 Million Financing for Retail Center in Shelton, Connecticut

by Hayden Spiess

Shelton, Conn. — GreenLake Asset Management LLC has provided a $34.4 million loan for the refinancing and construction of Fount Square, a retail center currently underway in Shelton. Development at the property previously halted due to construction liens and partnership complications. The undisclosed borrower has used the loan to settle outstanding financing and more than 60 vendor liens, as well as complete a partnership buyout and also plans to use the funding to complete the project. Tenants at the property will include Chick-fil-A, Panera Bread and Taco Bell. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Life-Time-PENN-1-small
DevelopmentLeasingNew YorkNews

Life Time Signs 53,000-Square-Foot Lease in New York City

by Hayden Spiess

New York City — Life Time Fitness has entered a 53,000-square-foot lease agreement to occupy space on the first three floors of PENN 1, a building located adjacent to Madison Square Garden in New York City. The location will open in two phases beginning in summer 2023. Phase One will feature boutique studios, hundreds of pieces of equipment, a curated recovery space, spa, dressing rooms and a juice bar. Phase Two Is scheduled for early 2024 and will include seven ground-floor pickleball courts, a lounge, a seating and bar area and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Iconix Fitness Nashville Yards
DevelopmentLeasingNewsTennessee

Southwest Value Partners, AEG Sign Iconix Fitness to 40,000-Square-Foot Lease at Nashville Yards

by Hayden Spiess

Nashville, Tenn. — Southwest Value Partners and AEG, joint venture partners and co-developers of the 18-acre Nashville Yards mixed-use development in Nashville, have signed Iconix Fitness to a 40,000-square-foot retail lease. Michael Townsend of Townsend & Associates advised Iconix Fitness in the lease transaction. Scheduled to open in summer 2025, Iconix will occupy the entire second floor of a 420,000-square-foot building, which will also house an EVO Entertainment venue. The Iconix club will feature dedicated entry on the ground floor with retail space offering fitness apparel, as well as a health-focused …

Continue Reading
0 FacebookTwitterLinkedinEmail
Habit-Burger-Site_Walnut-Calif
CaliforniaLeasingNewsRestaurants

Progressive Arranges 2,366-Square-Foot Habit Burger Lease in Walnut, California

by Hayden Spiess

Walnut, Calif. — Progressive Real Estate Partners has arranged a 2,366-square-foot, 10-year lease with The Habit Burger Grill in Walnut. Paul Su of Progressive represented the landlord in lease negotiations. The tenant plans to execute a significant renovation of the building, which is situated across from Mt. San Antonio College and features a drive-thru. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Adams-Marketplace_Huntington-Beach-Calif
CaliforniaGrocery-anchoredInvestment salesNews

JLL Brokers $29 Million Sale of Shopping Center in Metro Los Angeles

by Hayden Spiess

Huntington Beach, Calif. — JLL Capital Markets has brokered the $29 million sale of Adams Marketplace, a 65,116-square-foot shopping center located in Huntington Beach, approximately 35 miles southeast of Los Angeles. Built in 1974 and renovated in 2022, the property was 98 percent occupied at the time of sale. Smart & Final Extra anchors the center, with other tenants including Petco, Starbucks Coffee, MemorialCare Medical and Wingstop. Jiffy Lube, 76 Gas and Carl’s Jr. are also located at the center and were not included in the sale. Bryan Ley, Gleb Lvovich, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesMassachusettsNews

Atlantic Capital Partners Arranges Sale of 64,917-Square-Foot Property in Metro Boston

by Hayden Spiess

Framingham, Mass. — Atlantic Capital Partners has arranged the sale of a 64,917-square-foot retail property in Framingham, a western suburb of Boston. Stop & Shop occupies the property, which is situated on 7.6 acres. Justin Smith, Chris Peterson, Sam Koonce and Danielle Donovan of Atlantic Capital Partners represented the seller and procured the buyer, both of which were not disclosed, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Slim-Chickens
DevelopmentLeasingMarylandNewsRestaurants

Slim Chickens Signs Deal for Eight Locations in Maryland

by Hayden Spiess

Maryland — Slim Chickens has signed a deal with Phoenix Foods LLC to open eight new locations in the Maryland counties of Anne Arundel, Baltimore, Carroll and Harford. Brad Hoag, franchisee and owner of Phoenix Foods, will operate the locations, which will join another 1,100 restaurants currently in development for the brand. Hoag, who is based in Baltimore, is a former developer and operator of 10 Qdoba Mexican Grill locations and currently operates 10 Burger King restaurants. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Cotopaxti-Galleria-Dallas
LeasingNewsTexas

Five New Retail, Restaurant Tenants to Open at Galleria Dallas

by Hayden Spiess

Dallas — Five new stores and restaurants are set to open at Galleria Dallas, a shopping center located in Dallas. Outdoor gear brand Cotopaxi has opened a location at the property, and H&M Home will occupy 7,500 square feet — in addition to the existing H&M store. Women’s clothing retailer Intimissimi has also opened a boutique at the shopping center, and restaurants North Italia and Salut Paris Bakery will open this fall and summer, respectively. Additionally, larger stores are currently under development for tenants Louis Vuitton and Bachendorf’s, and Luciano Pizza …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts