Durham, N.C. — Publix Super Markets has opened a 46,791-square-foot store at Marketplace at Ellis Crossing, a 30-acre mixed-use development underway in Durham. Located at the northeast corner of Ellis Road and Watchorn Street, the project marks the fourth North Carolina development for Thompson Thrift. Other tenants at the property, which features an additional 25,000 square feet of retail space, include Chipotle and First National Bank, which is scheduled to open in 2024. Sheetz, Heartland Dental, Lee Nails and It’s a Southern Thing Kitchen & Bar are also expected to …
Duluth, Ga. — Korean street food concept Jaws TPK has signed a 1,900-square-foot lease at Mall Corners, a 304,260-square-foot shopping center located in Duluth, roughly 30 miles outside Atlanta. Scheduled to open in the third quarter of this year, the restaurant will mark the first East Coast location for the brand. Daniel Yi of Ackerman Retail arranged the lease on behalf of Jaws TPK and is representing franchisor Boxete Group in finding additional locations in metro Atlanta.
Liberty, Mo. — Marcus & Millichap has brokered the $1.9 million sale of a 10,963-square-foot retail building in Liberty, a northern suburb of Kansas City. The two-tenant property is leased to Hallmark and a salon. Dustin Javitch, Craig Fuller, Erin Patton and Scott Wiles of Marcus & Millichap represented the seller, a limited liability company. David Saverin assisted in closing the transaction as the Missouri broker of record.
Janesville, Wis. — Chase Properties has acquired Pine Tree Plaza, a 184,834-square-foot shopping center located in Janesville. The property was 82 percent occupied at the time of sale by tenants including T.J. Maxx, HomeGoods, Michaels, Old Navy and Petco. Ben Snyder and Zack Bates of Matthews Real Estate Investment Services brokered the transaction, which marks Chase’s sixth acquisition within its Chase Properties Retail Opportunities Fund IV.
San Bernardino, Calif. — Progressive Real Estate Partners has brokered the $4.9 million sale of a retail building located at 675 East Hospitality Lane in San Bernardino. Built in 1991 and totaling 20,020 square feet, the property is leased to Office Depot. The sale also included 81 parking spaces. Greg Bedell, Paul Galmarini and Paul Su of Progressive represented the seller, a private investor, in the transaction. Jason Alter of IPA Commercial Real Estate represented the buyer.
St. Johns, Fla. — Hanley Investment Group Real Estate Advisors has arranged the $5.9 million sale of a single-tenant retail property located in St. Johns, roughly 30 miles southeast of Jacksonville. Built in 2021, the 10,395-square-foot building is net leased to childcare provider O2B Kids! Jeff Lefko, Bill Asher and Dylan Mallory of Hanley Investment Group, in association with ParaSell Inc., represented the seller, a private investor based in Port Orange, Florida. Raem Capital Advisors represented the buyer, a private investor from the New York City metropolitan area, in the …
Long Beach, Calif. — Two restaurants have opened at 2nd & PCH, a shopping center located in Long Beach. Jinya Ramen Bar and dan modern chinese are the newest tenants at the property, which recently saw the addition of Fire Wings, Forno Banci and Shop Small Bizz Little’s. Beachwood Brewing, A PCH and Lulu Avenue are also scheduled to open locations at the center later this year.
Langhorne, Pa. — Fast-casual restaurant honeygrow has signed a lease at Lincoln Plaza shopping center in Langhorne, roughly 25 miles northeast of Philadelphia. Comprising 2,500 square feet, the space will mark the 37th location for the brand. Other tenants at Lincoln Plaza include HomeSense, Ulta Beauty, T.J. Maxx, Nordstrom Rack, Michaels, Smoothie King and DSW. Michael Gorman and Scott Benson of Metro Commercial represented the tenant in the lease negotiations. Paramount Realty is the landlord.
White Plains, N.Y. — CBRE has brokered the $112 million sale of The Source, a mixed-use development located in White Plains. Whole Foods Market anchors the property, which comprises 262,000 square feet and was 99 percent leased at the time of sale. Other tenants include Dick’s Sporting Goods, Raymour & Flanigan and The Cheesecake Factory. Jeffrey Dunne, David Gavin, Steve Bardsley and Travis Langer of CBRE represented the seller, which the Wall Street Journal reports was UBS Realty Investors LLC, and procured the buyer in the transaction.
Atlanta — Ardent Cos. plans to add a food-and-beverage destination within its Piedmont Center office campus in Atlanta’s Buckhead district. Dubbed Oxton, the project will transform 35,000 square feet of ground-level office space into a collection of eateries that will spill into the property’s tree-lined courtyard. Piedmont Center comprises about 2 million square feet of offices and connects to PATH400, a greenway connecting various neighborhoods in the Buckhead area. Square Feet Studio Architects is leading planning of the new design, which will span about an acre of the campus. Bridger …