Newton, N.C. — Planet Fitness has signed an 18,000-square-foot lease in Newton, roughly 40 miles outside Charlotte. The tenant will operate in half of a space formerly occupied by Bi-Lo at Marketplace Center. Prior to the lease, the space was vacant for more than seven years. Tad Anderson of Ardor Commercial Advisors represented the landlord, RVS Realty, in the lease negotiations. Jay Hagerman of Providence Group represented Planet Fitness.
Charlotte and Harrisburg, N.C. — MPV Properties has announced the addition of new tenants and buildings at Farmington, the developer’s master-planned community in Charlotte and Harrisburg. Chick-fil-A opened at the property in May, and Famous Toastery is planning to open in the second half of 2024, within an outparcel behind the development’s Shop Building I. H.T. Fuel will also open on an outparcel, with construction scheduled to begin directly behind Chick-fil-A in the coming months. Construction is also scheduled to begin on Small Shops II, an 11,865-square-foot retail building. MPV is …
Spring Hope, N.C. — Legacy Realty Group Advisors has brokered the $4.8 million sale of Spring Hope Commons, a 47,950-square-foot retail center located in Spring Hope. Food Lion anchors the property. Jacob Baruch and Daniel Baruch of Legacy represented both the buyer and seller in the transaction.
Pittsboro, N.C. — Five new tenants have joined the lineup at Northwood Landing, a 62,000-square-foot retail center recently developed in Pittsboro, roughly 35 miles east of Raleigh. Dunkin’ Donuts will occupy a 2,100-square-foot building, and FirstHealth of the Carolinas will open a 4,849-square-foot clinic at the property. Vet Pets and Zaxby’s will join the center as well, leasing 2,750 and 3,162 square feet, respectively. Hubie’s Express Car Wash will also open at the property in the fourth quarter of this year. A 44,000-square-foot Lowes Foods anchors the center, which comprises multiple …
Southern Shores, N.C. —Klein Enterprises has purchased Southern Shores Marketplace, a 140,000-square-foot shopping center located in Southern Shores. Food Lion anchors the property. Other tenants include Starbucks Coffee, Verizon Wireless, CVS/pharmacy, Jersey Mike’s, OBX Optical and Coastal Rehabilitation. The seller, Aston Properties, recently redeveloped the shopping center and executed new leases with Marshalls, Rack Room Shoes and Five Below. An affiliate of Klein Enterprises purchased the property for an undisclosed price using acquisition financing from TD Bank. Berkeley Capital Advisors brokered the transaction.
Kinston, N.C. — Marcus & Millichap has brokered the $5 million sale of Westgate Plaza, a 51,213-square-foot retail center located in Kinston. Built in 1988, the property is anchored by Harbor Freight Tools, Badcock Furniture and PetSense. Andrew Margulies and Harrison Creason of Marcus & Millichap arranged the sale on behalf of the seller.
Wilmington, N.C. — CenterSquare has purchased The Forum, a 105,785-square-foot retail center located in Wilmington. The property was fully leased at the time of sale. Tenants include Dunkin’ Donuts, Jimmy John’s, Club Pilates, UPS, Chop’t, Bento Box, True Blue Butcher and Osteria Cicchetti.
North Wilkesboro, N.C. — Legacy Realty Group Advisors has arranged the sale of North Park Centre, a 38,500-square-foot shopping center located in North Wilkesboro. Food Lion anchors the property. Jacob Baruch and Daniel Baruch of Legacy represented both the buyer and seller in the transaction.
Lumberton, N.C. — Legacy Realty Group Advisors has arranged the $7.1 million sale of Northeast Plaza, a 53,867-square-foot shopping center in Lumberton. Built in 2000, the property was leased to 10 tenants at the time of sale. Jacob Baruch of Legacy represented the undisclosed seller in the transaction. Lisa Schaefer of LRS Management represented the buyer.
Greenville, S.C. — Three new-to-market entertainment concepts have signed leases at the $1 billion mixed-use redevelopment of Greenville County Square currently underway in Greenville. Pins Mechanical will open a 24,366-square-foot space, and Fairway Social and Agave Bandido will occupy 9,100 and 7,000 square feet at the development, respectively. RocaPoint Partners is the landlord and developer.