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Tatte-Assembly Row-Somerville-Mass
LeasingMassachusettsMixed-useNews

Federal Realty Adds Five New Tenants to Assembly Row in Boston Suburb

by Hayden Spiess

Somerville, Mass. — Five new tenants are scheduled to open at Assembly Row, a mixed-use development located in Somerville, a suburb of Boston. Athleta; ZWILLING J.A. Henckels, a cutlery and kitchenware retailer; Coach; Aerie; and Paper Source have signed leases and are scheduled to open within the next year. Other soon-to-open retailers include Civility Social House, Pandora Jewelry, An Nam Vietnamese Grill, FRANK Restaurant + Market, PNC Bank and Tribos Peri Peri. The property is also undergoing improvements, such as the addition of a dog park and outdoor firepit.

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Metropolitan_Charlotte
LeasingMixed-useNewsNorth CarolinaRestaurants

Northwood Investors Adds Two New Concepts to Metropolitan Shopping Center in Midtown Charlotte

by Hayden Spiess

Charlotte, N.C. — Northwood Investors LLC has added two new tenants to Metropolitan, a mixed-use development and lifestyle shopping center located in Midtown Charlotte. New additions include Yuliya’s Ice Cream, a locally based, woman-owned ice cream company founded by Belarusian immigrant Yuliya Shvinhelskaya. The eatery will open its first brick-and-mortar shop in early 2023. The other new tenant is Removery, the largest specialized provider of tattoo removal services. The company operates nearly 100 locations. In addition to new tenants, Northwood Investors is unveiling a refresh of the property’s exterior that …

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DevelopmentNewsRhode Island

Topgolf to Open 68,000-Square-Foot Entertainment Venue in Cranston, Rhode Island

by Hayden Spiess

Cranston, R.I. — Topgolf will open a 68,000-square-foot venue at 100 Sockanosset Cross Road in Cranston, approximately 5 miles outside of Providence. Carpionato Group owns the site and is leading development of the multi-level facility, which will be the first in Rhode Island for the Dallas-based entertainment concept. Construction is underway and expected to be complete before the end of 2023.

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Foss-St-Charles-Pool
DevelopmentLeasingMissouriNews

Echelon Constructors Underway on Foss Swim School Buildout in Metro St. Louis

by Hayden Spiess

Rock Hill, Mo. — Echelon Constructors is underway on the buildout of a new Foss Swim School at the Market at McKnight retail center in Rock Hill, a western suburb of St. Louis. Completion is scheduled for early 2023. The project involves the redevelopment of a 12,000-square-foot space that formerly housed Club Fitness. Foss offers weekly classes, swim camps, family swims and other events for children of all ages. The company operates 22 swim schools in Illinois, Iowa, Missouri, Minnesota, North Dakota and Wisconsin. Echelon has previously built two other …

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NE-Heights-Minnesota-Avenue_DC
DevelopmentInvestment salesMixed-useNewsVirginia

Standard Real Estate Investments to Develop $650 Million Mixed-Use Project in D.C.

by Hayden Spiess

Washington, D.C. — Standard Real Estate Investments LP, a minority-owned national real estate investment and development firm with offices in Washington, D.C., and Los Angeles, has purchased the Senator Square and East River Park shopping centers in northeast Washington D.C. The centers span 13 acres and are entitled and programmed for a $650 million mixed-use redevelopment that will bring 1,500 residential units — including approximately 300 affordable housing units — and 120,000 square feet of retail space to D.C.’s Northeast Heights district. National Housing Trust is developing 110 of the …

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Cedar-Hills-Crossing-Beaverton-Oregon
FinanceGrocery-anchoredNewsOregon

Gantry Arranges $61 Million Permanent Financing for Cedar Hills Crossing in Metro Portland

by Hayden Spiess

Beaverton, Ore. — Gantry has secured $61 million of permanent, long-term financing in the form of a 10-year loan for Cedar Hills Crossing, a 477,000-square-foot retail center located in Beaverton, seven miles outside of Portland. Blake Hering and Heather Kegler of Gantry arranged the financing, which featured a 12-month forward rate lock, on behalf of the borrower, C.E. John Company Inc. An undisclosed life company provided the loan. The shopping center is anchored by tenants including WinCo Foods, New Seasons Market, Ross Dress for Less, Office Depot and Best Buy …

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Glynn-Isles_Brunswick
GeorgiaInvestment salesNews

Big V, Equity Street Capital Acquire 193,039-Square-Foot Retail Center in Brunswick, Georgia

by Hayden Spiess

Brunswick, Ga. — Big V Property Group, in partnership with Equity Street Capital, has acquired Glynn Isles, a 193,039-square-foot retail center located in the coastal Georgia city of Brunswick. Shadow-anchored by Target and Lowe’s Home Improvement, the center has averaged 98 percent occupancy. Tenants include Dick’s Sporting Goods, PetSmart, Ross Dress for Less, Michaels, Ulta Beauty and Old Navy.

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Investment salesNew HampshireNews

Atlantic Capital Partners Negotiates $10.7 Million Sale of Shopping Center in Hooksett, New Hampshire

by Hayden Spiess

Hooksett, N.H. — Atlantic Capital Partners has negotiated the $10.7 million sale of a 155,820-square-foot shopping center in Hooksett, a northern suburb of Manchester. A 94,500-square-foot space formerly occupied by Kmart anchors the center, and other tenants include Applebee’s, Dollar Tree and New Hampshire Liquor & Wine Outlet. Justin Smith, Sam Koonce and Cole Van Gelder of Atlantic Capital Partners represented the seller, RK Centers, and procured the buyer, Brady Sullivan Properties, in the transaction.

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LeasingNewsOhio

F45 Training to Open 2,100-Square-Foot Location in Toledo, Ohio

by Hayden Spiess

Toledo, Ohio — Gym concept F45 Training has signed a lease to open a 2,100-square-foot location at Talmadge Town Center South in Toledo. Tolson Enterprises owns the shopping center, which is situated near Franklin Park Mall. Michael Murphy, Tjader Gerdom and Haley Kelly of Gerdom Realty & Investment represented F45 Training.

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Westside-Paper_Atlanta
DevelopmentGeorgiaLeasingNewsRestaurants

Third & Urban, FCP to Add Four New Concepts to Westside Paper Project in Atlanta

by Hayden Spiess

Atlanta — Third & Urban and FCP have announced the addition of four tenants to the 15-acre Westside Paper development located along the Atlanta BeltLine in Westside Atlanta. Currently under development and scheduled to open in early 2023, Westside Paper, which is centered around a historic 1950s paper warehouse, features 245,000 square feet of mixed-use space. King of Pops, Elsewhere Brewing, Ancestral Bottle Shop + Market and taqueria concept El Santo Gallo will join the retail lineup. Westside Paper’s retail space is now 90 percent leased, with previously announced tenants …

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