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Legacy West
Mixed-useNewsRestaurantsRetailersTexas

Kite Realty, GIC Acquire Legacy West in Metro Dallas for $785 Million

by Abby Cox

Plano, Texas — A partnership between Indianapolis-based Kite Realty Group and Singapore’s GIC has acquired Legacy West, a mixed-use development located in Plano, for $785 million. According to Kite Realty’s first-quarter earnings report that announced the transaction, Legacy West includes 344,000 square feet of retail space, 444,000 square feet of office space and 782 multifamily units. Invesco Real Estate has been the lead equity partner in Legacy West since the project’s inception in 2014, becoming the majority owner of the development in 2019. Prism Places and Mark Masinter of Open …

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The Switchyard
ArizonaDevelopmentMixed-useNewsRestaurantsRetailers

Creation, Horizon Break Ground on $120 Million Mixed-Use Project in Queen Creek, Arizona

by Abby Cox

Queen Creek, Ariz. — Creation, in partnership with Horizon Real Estate Ltd., has broken ground on The Switchyard, a $120 million mixed-use project in Queen Creek, about 40 miles southeast of Phoenix. The 10-acre project will feature 54,000 square feet of restaurant, retail and office space, as well as a 215-unit apartment community. The development’s restaurant lineup will feature Postino, a restaurant and wine café; Snooze, an A.M. Eatery, a breakfast and brunch restaurant founded in Denver; and Shake Shack, a modern burger chain. Creation states that lease negotiations are …

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The Shops at Yellow Pine
DevelopmentFloridaLeasingNewsRestaurantsRetailers

Kitson & Partners Adds 20 New Tenants to The Shops at Yellow Pine

by Abby Cox

Punta Gorda, Fla. — Kitson & Partners has signed 20 new leases at The Shops at Yellow Pine, a 120,000-square-foot mixed-use development located in the master-planned community of Babcock Ranch in Punta Gorda. The Shops at Yellow Pine comprises three multi-tenant buildings and two standalone outparcels. Additionally, outdoor seating areas are available for use throughout the development, which is fully leased. Five Guys, Marshalls, Ace Hardware, Five Below and Hope Chiropractic have already opened at the center, while Panera Bread, Jersey Mike’s and Verizon Wireless are expected to open in June. …

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Smalls Sliders
Company newsDevelopmentNewsRestaurantsTexas

Smalls Sliders Signs Five-Unit Franchise Agreement in Texas

by Abby Cox

Atlanta — Cheeseburger slider concept Smalls Sliders has signed a franchise agreement to open five new units in Texas. St. Louis-based entrepreneur Brett Stewart will own and operate the restaurants, which are dubbed “Cans.” The newest locations in the state will include Killeen, Temple and Waco. Stewart will now own and operate a total of 11 units in Texas after signing an initial deal for six units with Smalls Sliders in August 2024. Founded in 2019, Smalls Sliders has a portfolio of more than 350 restaurants currently open or under development.

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The Gilmore
ArizonaDevelopmentLeasingMixed-useNewsRestaurantsRetailers

Thompson Thrift Breaks Ground on $225 Million Mixed-Use Development in Gilbert, Arizona

by Abby Cox

Gilbert, Ariz. — Thompson Thrift has broken ground on The Gilmore, a $225 million mixed-use development located in the Phoenix suburb of Gilbert. The 35-acre project will comprise approximately 200,000 square feet of grocery, restaurant and retail space, 300 luxury apartment homes and a hotel. The development will feature a main street-style entrance with covered walkways, common areas, murals by local artists and landscaped outdoor gathering spaces. More than 25 retail leases have already been signed including Better Buzz Coffee; Handel’s Ice Cream; Jersey Mike’s; Sweathouz; Rebel Wine Lounge; Square …

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Chicken N Pickle
Company newsDevelopmentEntertainmentNewsRestaurantsTexas

Chicken N Pickle to Open Fifth Texas Venue

by Abby Cox

Allen, Texas — Indoor-outdoor entertainment and dining concept Chicken N Pickle will open its third venue in the Dallas-Fort Worth area and its fifth overall in Texas this month. Situated at The Farm, a mixed-use development located in Allen, Chicken N Pickle Allen totals 55,000 square feet across two levels, with dining areas, a sports bar, beer garden, cornhole, six indoor pickleball courts, two outdoor pickleball courts, as well as additional yard games. The venue also offers “all abilities” programming and sports wheelchairs. Chicken N Pickle Allen will open May 13. …

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Friendly Center
LeasingNewsNorth CarolinaRestaurantsRetailers

New Retailers, Restaurants to Open at Friendly Center in Greensboro, North Carolina

by Abby Cox

Greensboro, N.C. — CBL Properties has announced that four new restaurants and two new retailers will be joining the tenant lineup at its Friendly Center, a 1.3-million-square-foot regional center located in Greensboro. All four restaurants — Cooper’s Hawk, First Watch, North Italia and French artisan bakery Tous les Jours — as well as LEGO, plan to open by the end of the year, while Rowan anticipates opening this summer. Additional openings are expected in 2025. Current tenants at Friendly Center — which comprises more than 140 stores and services — include …

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Rodeo 72
CaliforniaDevelopmentNewsRestaurants

ALMQUIST to Open 20,000-Square-Foot Food Hall in Whittier, California

by Abby Cox

Whittier, Calif. — San Juan Capistrano, California-based ALMQUIST will open Rodeo 72, a 20,000-square-foot food hall in Whittier. The food hall is being created in a building that once housed a juvenile correctional facility. Rodeo 72 will contain 15 food and beverage concepts, a bar and a community-driven space for live music, local art and pop-up events. Additionally, tattoo studio Grailed Galley will also open inside Rodeo 72. The food hall is scheduled to open May 3. ALMQUIST has also developed Rodeo 39 Public Market in Stanton, California, and Rodeo …

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Smoothie King
DevelopmentNewsRestaurantsRetailersTexas

Smoothie King Opens 13 Locations, Secures 20 Store Commitments

by Abby Cox

Dallas — Smoothie King has opened 13 new stores across eight different states thus far in 2025. Seven of the new store openings are located in Smoothie King’s home state of Texas. The company has also secured 20 new store commitments, with approximately 60 percent of the signings obtained with existing franchises. The new agreement will span 15 different markets across 12 states, including multi-unit deals in Long Island, New York and Phoenix.

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Edgehill Village
Investment salesMixed-useNewsRestaurantsTennessee

JLL Arranges $50 Million Sale of Mixed-Use Property in Nashville’s Music Row District

by Abby Cox

Nashville, Tenn. — JLL Capital Markets has arranged the $50 million sale of Edgehill Village, a 58,468-square-foot mixed-use property located in Nashville’s Music Row district. Originally built in 1920 and 1934 and renovated in 2016, the property is leased to a mix of retail, restaurant and office tenants including Van Leeuwen Ice Cream, Barcelona, Consider the Wldflwrs, Warby Parker, NoBaked Cookie Dough, Ralph Lauren and Vow’d. Brad Buchanan and Jim Hamilton of JLL’s Investment Sales and Advisory team represented the seller, Asana Partners, in the transaction.

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