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Cheeky-Monkeys-The-Realm-at-Castle-Hills-Lewisville-Texas
LeasingMixed-useNewsTexas

Bright Realty Signs Three Tenants to The Realm at Castle Hills in Metro Dallas

by Hayden Spiess

Lewisville, Texas — Bright Realty has announced the addition of three new tenants to The Realm at Castle Hills, a 324-acre mixed-use development located in Lewisville, roughly 30 miles northwest of Dallas. Cheeky Monkeys is leasing 7,287-square-feet, including more than 6,000 square feet of play space, a coffee shop and a limited-service restaurant. Additionally, 206 Luster Grill has opened a 2,257-square-foot restaurant and Cachet Salons & Spa now occupies 10,692 square feet. Upon completion, The Realm will total 1.5 million square feet of retail space in addition to 5,000 multifamily …

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West-on-West-Houston
DevelopmentGrocery-anchoredLeasingNewsTexas

NewQuest Underway on 90,000-Square-Foot Shopping Center Redevelopment in Houston

by Hayden Spiess

Houston —NewQuest Properties is underway on the 90,000-square-foot redevelopment of a retail center located in Houston. Formerly known as Pavilion Center, the property is being reimagined as West on West (WoW) and will be anchored by a 33,029-square-foot 99 Ranch Market, which is expected to open later this year. Other tenants will include Gen Korean BBQ House and Teso Life, which will occupy 6,212 square feet and 13,340 square feet, respectively. Exterior renovations are scheduled for completion this month. Plans include neon lighting elements, string lighting, an upcycled art installation …

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Five-Points_Tuscaloosa_Winn-Dixie
AlabamaGrocery-anchoredInvestment salesNews

SRS Arranges Sale of 57,850-Square-Foot Five Points Shopping Center in Tuscaloosa, Alabama

by Hayden Spiess

Tuscaloosa, Ala. — SRS Real Estate Partners’ Investment Properties Group has brokered the sale of Five Points Shopping Center, a 57,850-square-foot retail center located in Tuscaloosa. Winn-Dixie anchors the property. Other tenants include Dollar Tree, AT&T, State Farm Insurance and H&R Block. Kyle Stonis and Pierce Mayson of SRS’ Atlanta office represented the seller, an entity doing business as H&R Tuscaloosa LLC, in the transaction. The buyer, an entity doing business as Five Points SC LLC, purchased the property for an undisclosed price.

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Investment salesNew YorkNews

Cushman & Wakefield Brokers $22 Million Sale of Retail Property in East Hampton, New York

by Hayden Spiess

East Hampton, N.Y. — Cushman & Wakefield has brokered the $22 million sale of a two-story, 5,000-square-foot retail property in the Long Island community of East Hampton. Jordan Sutton, Robert Shapiro, Dan Abbondandolo and Victor Little of Cushman & Wakefield represented the sellers, two private investors, in the transaction. Luxury retailer Louis Vuitton Moët Hennessy acquired the property, which is currently leased to jewelry and accessories retailer Cartier.

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Investment salesNewsTexas

Colliers Negotiates Sale of 10-Acre Commercial Development Site in Metro Houston

by Hayden Spiess

Tomball, Texas — Colliers has negotiated the sale of a 10-acre commercial development site located at 15530 Treichel Road in the northern Houston suburb of Tomball. Tom Condon Jr. and John Grimsley of Colliers represented the seller, an undisclosed private investor, in the transaction. Chris Weisinger and Ryan Knape of One Rock represented the buyers, Max & Beverly Welch, who plan to expand their existing garden center and nursery at the site.

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FloridaLeasingNews

French Apparel Retailer Etam to Open First US Store at Dadeland Mall in South Florida

by Hayden Spiess

Kendall, Fla. — Etam, a French apparel retailer founded in 1916, plans to open its first U.S. store at Dadeland Mall, a shopping mall in the Miami suburb of Kendall. Simon, the mall’s landlord, expects to debut the new Etam store this summer. The store will carry Etam’s line of lingerie, bras, underwear, sleepwear and swimwear. The retailer currently operates more than 850 stores throughout Europe, the Middle East, Latin America and Asia. Other international brands that operate stores at Dadeland Mall include Mango, Bimba y Lola, Razer and Tous.

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Kiddie-Academy-Grayslake-Ill
IllinoisInvestment salesNet leaseNews

Hanley Brokers $3.7 Million Sale of Single-Tenant Retail Property in Metro Chicago

by Hayden Spiess

Grayslake, Ill. — Hanley Investment Group Real Estate Advisors has brokered the $3.7 million sale of a single-tenant retail property located in Grayslake, roughly 50 miles northwest of Chicago. Kiddie Academy occupies the newly constructed, 9,492-square-foot building on a net-lease basis. Jeff Lefko and Bill Asher of Hanley represented the developer and seller, The Woodmont Co., in association with ParaSell Inc. Gordon Nielsen of Summit Commercial Real Estate represented the buyer, a Virginia-based private investor.

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IllinoisInvestment salesNews

Colliers Arranges $9.2 Million Sale of Shopping Center in Suburban Milwaukee

by Hayden Spiess

Brookfield, Wis. — Colliers has arranged the $9.2 million sale of the Shoppes at Brookfield Commons in the Milwaukee suburb of Brookfield. The 42,356-square-foot shopping center was 60 percent occupied at the time of sale by tenants including Chipotle Mexican Grill, H&R Block and LasikPlus. Adam Connor led a Colliers team that represented the seller and procured the buyer, a private Illinois-based real estate company.

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Rosedale-Center
DevelopmentLeasingMinnesotaNews

Dick’s Sporting Goods to Open at Rosedale Center in Roseville, Minnesota

by Hayden Spiess

Roseville, Minn. — Dick’s Sporting Goods is set to open a new location at Rosedale Center, a 1.1 million-square-foot shopping center in Roseville, a suburb of the Twin Cities. The retailer will occupy a new building at the parcel formerly home to Herberger’s. Construction of the store has begun, with completion scheduled for late 2024. JLL’s retail development partner, Poag Development Group, is overseeing construction management. Holly Rome of JLL leads the leasing efforts for Rosedale Center and secured the lease with Dick’s. Recent tenant additions at Rosedale Center include …

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Giant Food
Company newsMarylandNewsRestaurants

Giant Food, Nalley Fresh Open In-Store Restaurant in Metro Baltimore

by Hayden Spiess

Ellicott City, Md. — Giant Food has partnered with Nalley Fresh to open a restaurant within the grocer’s Ellicott City store, roughly 13 miles outside Baltimore. Nalley Fresh offers customizable salads, wraps and bowls. The restaurant marks the tenth location for the restaurant and the first in-store fast-casual partnership for Giant Food, which currently operates 165 stores.

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