Sunnyvale, Texas — Tom Thumb will open a store in Sunnyvale, marking the “first major grocery store” in the area, according to the Town of Sunnyvale. Scheduled to open in late 2025, the grocer will join Gateway Park, a $124 million development that spans 240,000 square feet and features additional retail and restaurant space, as well as athletic facilities. The Sunnyvale Town Council has approved a $3 million economic incentive for the store’s development.
Austin, Texas — Austin Pickle Ranch will open a new, 50,000-square-foot pickleball facility in Austin, marking the second location in the city for the brand. Scheduled to open in May, the venue will feature 16 indoor pickleball courts, as well as indoor and outdoor lounge areas. Johns Design & Consulting designed the property.
Houston — Australian-based Funlab has opened a new, 12,000-square-foot Holey Moley Mini Golf Club in Houston. In addition to three nine-hole miniature golf courses, the venue features two private karaoke rooms and a full-service bar and restaurant, dubbed The Caddyshack. Funlab’s current portfolio includes two Holey Moley facilities in Denver and Austin. An additional venue is scheduled to open in San Francisco this year.
Houston — Houston-based Partners Real Estate has arranged the sale of three JCPenney-occupied retail properties totaling 302,161 square feet. The stores are located in Newnan, Georgia; Kissimmee, Florida; and Aurora, Colorado. Dimitri Jordan of Partners represented the buyer in the transaction.
Houston and Carrollton, Texas — Restaurant group Shoo Loong Kan has signed two leases in Texas, marking the first locations in the state for the group. Plans include a 6,213-square-foot restaurant at West on West in Houston, as well as a 6,330-square-foot restaurant in Carrollton. NewQuest Properties owns both properties. Michael Pittman II, Michael Burgower and Rachel Granstrom of Cushman & Wakefield represented the tenant in the lease negotiations.
Katy, Texas — Sporting goods retailer Academy Sports + Outdoors has announced plans to open 160 to 180 new stores over the next five years. Half of the new stores are expected to open in markets where the retailer has an existing footprint. The remaining 80 to 90 stores are planned for new and adjacent markets, with a focus on expanding to smaller and mid-sized markets. The company sees these locations as offering higher opportunities for profit despite lower sales volumes. These openings will increase the Katy-based retailer’s footprint from 282 …
Arlington, Texas — Trademark Property Co. will redevelop Lincoln Square, a 45-acre shopping center located in Arlington, roughly 14 miles outside Fort Worth. Trademark plans to reposition the property as a mixed-use development and has received approval to rezone the site from the City of Arlington. Construction is scheduled to begin in the second quarter of next year. Upon completion, the first phase of the project — dubbed Anthem — will feature 152,000 square feet of retail and restaurant space, as well as a hotel, apartments and office space. Plans also …
Dallas — H-E-B has broken ground on a 55,000-square-foot Joe V’s Smart Shop in Dallas. Scheduled to open in spring 2025, this marks the second Joe V’s-branded store in the city. Construction is currently underway at the other Dallas location, with an opening scheduled for summer of this year.
San Antonio — A joint venture between Headwall Investments and SageView Partners has acquired The Colonnade Retail Center, a 126,549-square-foot shopping center located in San Antonio. Tenants at the property include Firehouse Subs, Great Clips, The Honey Baked Ham Co., First Watch and PJ’s Coffee of New Orleans. This marks the inaugural purchase for Headwall’s Shopping Center Fund II portfolio, a platform targeting unanchored convenience retail centers in major Texas metros.
Houston — Fast-casual concept Salad and Go has signed four new leases in Texas. The brand will open restaurants at a 44,431-square-foot property in Magnolia and a 30,000-square-foot property in Cypress. Danny Miller of Gulf Coast Commercial Group represented the landlord in both negotiations. Salad and Go has also signed leases in The Woodlands and Bryan. Jacob Weersing of Capital Retail represented the landlord of the Woodlands property in the transaction. Jason Baker, Traci Holman, Lunden McGill and John Frazier of Baker Katz represented Salad and Go in the lease negotiations.
