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Midtown Park
DevelopmentFloridaMixed-useNewsRestaurantsRetailers

City of Miami Approves $2 Billion Midtown Park Mixed-Use Development

by Abby Cox

Miami — The City of Miami’s Urban Development Review Board has officially approved the master plan for Midtown Park, a $2 billion mixed-use development. A joint venture between Rosso Development, Midtown Development and Proper Hospitality is developing the project, a construction timeline for which has not yet been announced.  Plans for the two-phase, 1.2 million-square-foot project currently call for 924 residential units, 60,000 square feet of office space and more than 120,000 square feet of retail and restaurant space. Additionally, the development will feature two public plazas, a network of pedestrian-oriented …

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CityCentre
Investment salesMixed-useNewsRestaurantsRetailersTexas

MetroNational Acquires 309,144-Square-Foot Retail Component of CityCentre in Houston

by Abby Cox

Houston — Locally based MetroNational has acquired the 309,144-square-foot retail component of CityCentre, a mixed-use development in Houston. The retail portion of the property frames a central green space and features roughly 24 food and beverage concepts such as Bellagreen, Daily Gather, Eddie V’s Prime Seafood, Grimaldi’s Pizzeria, Hopdoddy Burger Bar, North Italia, Sal y Pimienta, Seasons 52, The Capital Grille and Yard House. Retailers include Allen Edmonds, Anthropologie, Kendra Scott, Sephora, Sur la Table, Tecovas, Warby Parker and West Elm. In addition, MetroNational has also partnered with Radom Capital to …

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Metropark Square
EntertainmentInvestment salesMixed-useNewsRestaurantsRetailersTexas

STRIVE Brokers Sale of 173,000-Square-Foot Metropark Square in Metro Houston

by Abby Cox

Shenandoah, Texas — STRIVE has brokered the sale of Metropark Square, a 173,000-square-foot mixed-use development located in Shenandoah, roughly 30 miles north of downtown Houston. Dave & Buster’s, AMC Theatre and a Hyatt House hotel anchor the center, which features a mix of dining, entertainment and service-oriented retailers across 70 acres. Tenants include Martinis & Manicures, Top Sushi, Escapology, Black Bear Diner, Salons by JC, Aesthetic Smiles Dentistry and Crawfish Café. Jake Dutson and Jennifer Pierson of STRIVE represented the seller and developer, Frisco, Texas-based Sam Moon Group. STRIVE also procured …

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Chipotle Mexican Grill
IllinoisInvestment salesNewsRestaurants

Boulder Group Brokers $2.6 Million Sale of Single-Tenant Restaurant Property in Chicago

by Abby Cox

Chicago — The Boulder Group has brokered the $2.6 million sale of a single-tenant restaurant property in Chicago. Situated near Lincoln Village Shopping Center, Chipotle Mexican Grill occupies the 2,160-square-foot building on a 20-year lease. Randy Blankstein and Jimmy Goodman of Boulder Group represented the seller, a Midwest-based real estate investor, and the buyer, a Southwest-based real estate investment fund, in the transaction.

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Shake Shack
CaliforniaInvestment salesNewsRestaurants

Hanley Investment Group Brokers $7.2 Million Sale of Single-Tenant Restaurant Property in Oxnard, California

by Abby Cox

Oxnard, Calif. — Hanley Investment Group Real Estate Advisors has brokered the $7.2 million sale of a single-tenant restaurant property in Oxnard. Shake Shack occupies the 3,286-square-foot building, which was built in 2025, under a new 15-year corporate-guaranteed absolute triple-net ground lease. The restaurant features Shake Shack’s latest prototype with a double-lane drive-thru. Sean Cox, Jeff Lefko and Bill Asher of Hanley Investment Group represented the seller, a Texas-based developer, in the transaction. Judson Kauffman of New York-based Surmount represented the buyer, a Northern California-based private 1031 exchange investor. Shake …

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Donatos Pizza
DevelopmentNewsOhioRestaurants

Donatos Pizza to Expand in the Carolinas with 50 Locations

by Abby Cox

Columbus, Ohio — Columbus, Ohio-based Donatos Pizza is partnering with new franchise owners to open more than 50 locations across North Carolina and South Carolina. The agreements will create restaurants in Charlotte, Raleigh, Wilmington, High Point and Greensboro in North Carolina. In South Carolina, the pizza franchise will open four restaurants in Summerville, Boiling Springs, West Ashley and Fort Mill. Founded in 1963, Donatos Pizza operates more than 459 locations across 28 states, which includes more than 175 traditional restaurants and nearly 300 non-traditional locations, such as partnerships with Red …

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Long Beach Towne Center
Architecture and DesignCaliforniaEntertainmentInvestment salesNewsRestaurantsRetailers

CenterCal Properties, DRA Advisors Buy Long Beach Towne Center, Plan Redevelopment

by Abby Cox

Long Beach, Calif. — CenterCal Properties and DRA Advisors has acquired Long Beach Towne Center, with plans to redevelop the 870,000-square-foot property into a prominent retail and entertainment destination. Redevelopments will include new dining options such as chef-driven restaurants, fast-casual concepts and cafés; new retail brands; outdoor gathering areas with shaded seating, enhanced landscaping, public art and year-round programming; updated entertainment offerings with the addition of boutique fitness, wellness and family-oriented experiences; and renovated signage, lighting, pedestrian pathways and parking areas.

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Company newsDevelopmentNewsRestaurants

Dickey’s Barbecue Pit Continues Expansion, Plans to Surpass 60 New Openings in Fourth Quarter 2025

by Abby Cox

Dallas — Dallas-based Dickey’s Barbecue Pit plans to surpass its anticipated goal of 60 new restaurant openings by the end of 2025. From January to August, Dickey’s opened 46 locations across 17 U.S. states, Canada and the Philippines, and is on track to push its overall store count to more than 400 restaurants worldwide. Additionally, in September 2025, Dickey’s Barbecue Pit announced plans to open a new restaurant in Cañon City, Colorado, which will be led by franchisee Bobby Rusnak. Founded in 1941 by the Dickey family, Dickey’s Barbecue Restaurants …

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Ballys Las Vegas
DevelopmentEntertainmentMixed-useNevadaNewsRestaurantsRetailers

Bally’s Unveils Plans for 35-Acre Entertainment Resort Destination in Las Vegas

by Abby Cox

Las Vegas — Bally’s Corp. has announced plans for Bally’s Las Vegas, an entertainment resort destination planned on the 35-acre site of the former Tropicana Las Vegas hotel and casino. The casino and sports entertainment operator is partnering with JLL and Marnell Cos. on the development, which is being submitted to Clark County for entitlements. Bally’s Las Vegas will share the site with the new Las Vegas Athletics Major League Baseball ballpark, a move by the Oakland Athletics that was announced and approved in 2023. Bally’s expects construction at Bally’s Las Vegas to begin …

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West Falls
Mixed-useNewsRestaurantsRetailersVirginia

Hoffman & Associates, Partners Complete 10-Acre West Falls Mixed-Use Development in Metro D.C.

by Abby Cox

Falls Church, Va. — Hoffman & Associates, alongside a group of development partners that includes Rockwood Capital and Grosvenor Americas, has completed West Falls, a 10-acre mixed-use development in Falls Church. The transit-oriented project sits about 10 miles west of Washington, D.C., and is located near the West Falls Church Metro station. Hoffman & Associates, a local developer that is perhaps best known for leading the development of the $3.6 billion Wharf mixed-use waterfront destination in D.C., partnered with the City of Falls Church and Torti Gallas + Partners, to bring the project …

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