News

Beaufort Station
DevelopmentLeasingNewsSouth Carolina

T.J. Maxx, HomeGoods Open at Beaufort Station Shopping Center in South Carolina

by Hayden Spiess

Beaufort, S.C. —T.J. Maxx and HomeGoods have opened stores at Beaufort Station, a 200,000-square-foot shopping center currently underway in Beaufort. Upon completion, the property, which is being developed by The Morgan Cos., will feature nine anchor and junior anchor stores, including Hobby Lobby, Ross Dress for Less, PetSmart, Ulta Beauty, Old Navy, Five Below and Rack Room Shoes. Other tenants at the center will include Aldi, Parker’s Kitchen, Panda Express, Chicken Salad Chick, Surcheros Fresh Mex, America’s Best and Mattress Firm. 

Continue Reading
0 FacebookTwitterLinkedinEmail
VIVA-White-Oak
DevelopmentMarylandMixed-useNews

MCB Real Estate to Develop 280-Acre VIVA White Oak Mixed-Use Project Near Washington, D.C.

by Hayden Spiess

Silver Spring, Md. — MCB Real Estate has unveiled plans to develop VIVA White Oak, a 280-acre mixed-use project anchored by healthcare space in Silver Spring, approximately six miles north of downtown Washington, D.C. Plans call for 3 million square feet of lab, office, research and medical space; 525,000 square feet of retail; 3,000 square feet of hotel space; 75,000 square feet of senior living; 4,500 private residences; and 85 acres of open space. MCB is currently working with stakeholders and public officials to refine the specifics, but the healthcare component …

Continue Reading
0 FacebookTwitterLinkedinEmail
Wayfair Wilmette Store
DevelopmentIllinoisLeasingNews

Wayfair Opens 150,000-Square-Foot Store in Chicago Suburb

by Hayden Spiess

Wilmette, Ill. — Wayfair has opened a 150,000-square-foot store at Edens Plaza in the Chicago suburb of Wilmette. Situated within a space formerly occupied by the Carson Pirie Scott department store, this marks the first brick-and-mortar store for the digitally native home-merchandise brand. In addition to furniture, home décor, housewares, appliances and home improvement products, the store features a restaurant, dubbed The Porch. JT Magen served as the construction manager for the property renovation, which included an exterior expansion of 110,000 square feet to include a plaza, new parking lot, landscaping …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company newsFinanceLeasingNew YorkNews

A&G to Market 27 Sam Ash Store Leases in 12 States 

by Hayden Spiess

Melville, N.Y. — New York-based A&G Real Estate Partners has announced plans to market 27 store leases in 12 states on behalf of music retailer Sam Ash Music Corp., which recently filed for Chapter 11 bankruptcy protection in New Jersey. Sam Ash’s total portfolio comprises 42 stores in 16 states, all of which will be closed while the company entertains buyer offers and completes its financial restructuring. Averaging 25,467 square feet, the lease sizes range from 6,000 to 44,000 square feet. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Brakes-Plus_Killeen-Texas
Investment salesNet leaseNewsTexas

Hanley Brokers Sale of Two Single-Tenant Properties in Texas

by Hayden Spiess

Killeen and North Richland Hills, Texas — Hanley Investment Group Real Estate Advisors has brokered the sale of two single-tenant properties in Texas in separate transactions. Brakes Plus occupies both properties, which are located in Killeen and North Richland Hills, on a net-lease basis. Both leases feature a corporate guarantee by Mavis Tire Express Services Corp. Built in 2023, the Killeen property totals 4,900 square feet on a 1-acre parcel. Matt Montagne, Maxwell Watson and Tyler Ellinger of Sands Investment Group represented the seller, a Los Angeles-based private investor. The North …

Continue Reading
0 FacebookTwitterLinkedinEmail
CVS_Lakeland-Fla
FloridaInvestment salesNews

Marcus & Millichap Brokers $4.5 Million Sale of CVS-Occupied Property in Lakeland, Florida

by Hayden Spiess

Lakeland, Fla. — Marcus & Millichap has brokered the $4.5 million sale of a single-tenant retail property located in Lakeland. CVS/pharmacy occupies the building, which comprises 12,738 square feet. Ronnie Issenberg and Ricardo Esteves of Marcus & Millichap represented the buyer, a Florida-based private investor, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
IllinoisLeasingNews

Seven Tenants Sign Leases at Fox Valley Mall in Metro Chicago

by Hayden Spiess

Aurora, Ill. — Seven new tenants have signed leases at Fox Valley Mall, a three-story shopping center located in Aurora, roughly 40 miles outside Chicago. UTime Gamers and FunBox are now open at the property, in spaces comprising 1,843 square feet and 25,000 square feet, respectively. Molly’s Cupcakes, DDC Wraps, New Beautee, hotRAGS and Showroom have also signed leases at the center. The concepts will occupy 852; 1,172; 1,686; 2,125; and 2,140 square feet, respectively. Centennial is the landlord. 

Continue Reading
0 FacebookTwitterLinkedinEmail
LeasingNew YorkNewsRestaurants

New York Fries Opens at Smith Haven Mall in New York 

by Hayden Spiess

Lake Grove, N.Y. — Fast-casual restaurant concept New York Fries has opened at Smith Haven Mall in Lake Grove. Recipe Restaurant Group owns and operates the brand, which offers an array of fries, as well as poutine and hot dogs. This marks the fourth restaurant to open in the U.S. this year for the concept and the second in New York. Units occupy between 250 and 350 square feet. Simon Property Group is the landlord at the property. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Marketplace-Carnes-Crossroads_Goose-Creek-S.C
DevelopmentFinanceGrocery-anchoredNewsSouth Carolina

CBRE Secures $30.9 Million Construction Financing for Shopping Center in Metro Charleston

by Hayden Spiess

Goose Creek, S.C.  — CBRE has secured a $30.9 million loan for the construction of The Marketplace at Carnes Crossroads, a shopping center currently underway in Goose Creek, roughly 15 miles outside Charleston. Richard Henry, Mike Ryan, Brian Linnihan and Taylor Crowder of CBRE arranged the financing on behalf of the borrower, Columbia Properties, through a regional bank. Worthen Development is a partner in the project. Publix will anchor the center, which will comprise 82,622 square feet across three buildings and nine land parcels situated on 24.5 acres. Site work for …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Gardens
LeasingNew JerseyNews

R.J. Brunelli Arranges 16,400-Square-Foot Lease at The Gardens in Mt. Olive, New Jersey

by Hayden Spiess

Mt. Olive, N.J. — R.J. Brunelli & Co. has arranged a 16,400-square-foot lease at The Gardens, a 373,612-square-foot shopping center located in Mt. Olive. Fitness Factory is the tenant and will open a store within a space formerly occupied by Bed Bath & Beyond. A recently opened Boot Barn occupies the other portion of the former Bed Bath & Beyond. Other tenants at the property include Ross Dress for Less, HomeGoods and Skechers, which is scheduled to open in June. Panda Express and Chipotle Mexican Grill have also signed leases at …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts