Restaurants

Federal Signs Leases with Four New Tenants at Shopping Centers in Metro Philadelphia

by Hayden Spiess May 22, 2023

Broomall, Pa. and Philadelphia — Federal Realty Investment Trust has signed four new tenants to shopping centers in metro Philadelphia. Dave’s Hot Chicken and Crave Cookies will open at Northeast Shopping Center in Philadelphia, leasing 2,995 and 1,279 square feet, respectively. Additionally, J. Crew Factory and Honeygrow will open locations at Lawrence Park Shopping Center, a retail center located in Broomall, roughly 30 miles outside Philadelphia. J. Crew will open a 4,150 square-foot-store and Honeygrow will occupy 1,999 square feet. All of the tenants are scheduled to open this year.

May 22, 2023

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Frisco’s New Attractions Draw Tourists, Retailers

by Sarah Daniels May 20, 2023

Just 25 miles north of Dallas sits Frisco, Texas, a city that’s famous for The Star — the 91-acre Dallas Cowboys’ world headquarters and practice facility. Like many Texans, Jeff Cheney, mayor of Frisco, loves The Star, but he loves even more the opportunities it provides to residents, visitors, nearby businesses and anyone who wants to be a part of the action. “With seven million visitors a year, we’re known as ‘Sports City USA,’” Mayor Cheney says. “One of the biggest things you can do as a city is help local …

May 20, 2023

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SRS Brokers Sales Totaling $15 Million of Two Chick-fil-A-Leased Properties in Southern California

by Hayden Spiess May 19, 2023

Mission Viejo and Palm Desert, Calif. — SRS Real Estate Partners has brokered the $15 million sale of two single-tenant retail properties in Southern California. Located in Mission Viejo and Palm Desert, the buildings are occupied by Chick-fil-A on triple-net ground leases. Jimmy Slusher, Eric Shain and John Read of CBRE represented the seller of the 4,800-square-foot Mission Viejo property, a local private investor. The Palm Desert property comprises 4,738 square feet situated on 1.6 acres within Monterey Crossing Shopping Center. Timothy Genske of CBRE and Bruce Bailey of The …

May 19, 2023

Development Leasing News Restaurants Texas

Noble 33 to Open Two Restaurant Concepts in Houston

by Hayden Spiess May 19, 2023

Houston — Hospitality group Noble 33 has announced plans to open two restaurant concepts at The Pavilion at The Allen shopping center in Houston. Toca Madera will occupy 11,103 square feet with a seat count of 393, and Meduza Mediterrania will comprise 9,732 square feet with a 289-seat occupancy. The openings are scheduled for this fall and early next year, respectively. Noble 33’s in-house design firm Monochrome Concept oversees both concepts. Abel Design Group will provide architecture and design services and Construction Concepts will handle construction of the restaurants.

May 19, 2023

Carrie Smith Franklin Street Restaurant Retail

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North Florida Retail Demand Remains High, But Headwinds Could Temper Enthusiasm

by Sarah Daniels May 18, 2023

North Florida has been a hotbed of retail activity that hasn’t shown signs of slowing, according to Carrie Smith, senior vice president of retail at Franklin Street in Jacksonville, Fla. “Retail is nothing short of being red hot,” she says. “It’s probably in the most aggressive dealmaking mode since I’ve been in business. The deal flow is very high, and it’s hard to keep up.” Jacksonville boasts low vacancy rates, in part due to its rapid population growth throughout 2022. According to Franklin Street’s latest data, Jacksonville saw deliveries of …

May 18, 2023

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Slim Chickens to Open 25 Restaurants in Southeast Michigan

by Hayden Spiess May 15, 2023

Fayetteville, Ark. — Fast casual franchise Slim Chickens has signed a deal to expand into Southeast Michigan with 25 restaurants. Partners Brad DeLange, Todd DeLange and Doug Broadright will lead the restaurant’s Great Lakes division and bring the brand to locations in the Detroit and Ann Arbor metropolitan areas. Slim Chickens has opened more than 225 locations in the U.S. and the U.K. and has more than 1,100 restaurants in development.

May 15, 2023

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Stonecrest Resorts Completes Phase II of 143,000-Square-Foot Renovations at The Mall at Stonecrest in Metro Atlanta

by Hayden Spiess May 11, 2023

Stonecrest, Ga. — Stonecrest Resorts has completed the second phase of redevelopment at Priví, a 143,000-square-foot adaptive reuse of the former Sears department store at The Mall at Stonecrest located in Stonecrest, roughly 15 miles outside Atlanta. Phase II comprised $4.2 million of renovations and the addition of tenants including Baldwin’s Literary Social Bookstore, Priví Art Gallery, The Exposure Hub, 101 TKO Radio, Priví Event Center, 3 Degrees Infrared Sauna Studio, Picasso’s Splat Room, The Lion’s Cage MMA & Fitness Gym and Garden Life Juice Bar. SeaQuest anchors Phase I …

May 11, 2023

Economic Development Features Industry Content Malls Pop-Up Retail Power centers Restaurants Retail Insight Retailers

Glendale California Retail Hub Pulls in Merchants, Customers

by Sarah Daniels May 11, 2023

Less than 10 miles north of Downtown Los Angeles is Glendale, Calif., a city with nearly 200,000 residents and an enviable location if you’re a retailer. “Within a 10-mile radius, we have access to more than 2.5 million people,” says Soua Vang, deputy director of economic development for the City of Glendale. “We are strategically located within the LA marketplace, just minutes away from some of Southern California’s most popular destinations.” If you’re a visitor, those popular destinations may include the Griffith Observatory, the Hollywood Walk of Fame or Universal Studios. …

May 11, 2023

Development Leasing News Restaurants Virginia

JBG SMITH Signs 11 Tenants to Water Bar Project in Metro Washington, D.C.

by Hayden Spiess May 5, 2023

Arlington, Va. — JBG SMITH has signed 11 restaurant tenants to Water Park, a mixed-use development currently underway in National Landing in Arlington. Brij, Bubbie’s Plant Burger, Cracked Eggery, DC Dosa, Dolci Gelati, Falafel Inc., PhoWheels, Tiki Thai, Queen Mother’s will occupy 300-square-foot kiosks at the project. Additionally, culinary and creative group STHRN Hospitality will operate Water Bar and Crush Pizza at the property.

May 5, 2023

Economic Development Entertainment Features Industry Content Leasing Restaurants Retail Insight Retailers

Moreno Valley Promotes Commercial Growth

by Sarah Daniels May 4, 2023

One location in Southern California consistently wins out when it comes to successful companies looking to expand their brand: the City of Moreno Valley. Companies like Sprouts, Raising Cane’s, Texas Roadhouse, Hilton, Capriotti’s and WoodSpring Suites are developing and growing here, supported by Moreno Valley’s stellar pro-business environment, strategic location, affordable lease rate and a skilled and motivated workforce. Fortune 500 and international companies are thriving in Moreno Valley, and the reasons why are clear: location, growth and retail incentives within the hottest market in Southern California. Moreno Valley Offers …

May 4, 2023

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