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bay-terrace
FinanceGrocery-anchoredNew YorkNews

JLL Arranges $150 Million in Financing for Bay Terrace Shopping Center in Queens

by Abby Cox

New York City — JLL Capital Markets has arranged $150 million in financing for the Bay Terrace Shopping Center, a grocery-anchored retail property in the Bayside neighborhood of Queens. JLL secured the loan through New York Life Real Estate Investors on behalf of the locally based borrower, Cord Meyer Development. Located at the intersection of 26th Avenue and Bell Boulevard, Bay Terrace totals 326,445 square feet and was approximately 90 percent leased at the time of financing. Anchored by Stop & Shop, the property is also home to HomeGoods, AMC …

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santa-rita-ranch
DevelopmentNewsTexas

Provident Signs Walmart to Anchor $100 Million Santa Rita Ranch Center in Metro Austin, Texas

by Abby Cox

Liberty Hill, Texas — Provident Realty Advisors has signed Walmart to anchor Santa Rita Ranch Center, a $100 million, 400,000-square-foot planned commercial development in Liberty Hill, roughly 35 miles northwest of Austin. Situated within the master-planned community of Santa Rita Ranch, Walmart will occupy 175,995 square feet and is expected to open in 2027. Additional tenants have not been announced. Santa Rita Ranch comprises more than 5,000 homes, with a projected 10,000 total homes at full buildout.

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Society-Brooklyn
LeasingNew YorkNews

Four New Tenants Sign Leases at Society Brooklyn in New York City

by Abby Cox

New York City — Four new tenants have signed leases at Society Brooklyn, a two-tower, 21-story mixed-use rental community located in the Gowanus neighborhood of Brooklyn. The incoming tenants will occupy 16,000 square feet of ground floor retail. Devoción Coffee and Sake Brooklyn will debut in 2027, while Tuned Bicycle Service Studio and GoodVets will open this year. Society Brooklyn features more than 57,000 square feet of commercial space, with over 21,000 square feet reserved for “Gowanus Mix” businesses such as local makers, artisans and creatives. Patrick O’Rourke, Catherine Merck …

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adidas-flagship
LeasingNewsTexas

Adidas Signs 3,200-Square-Foot Lease for Flagship Store at Legacy West in Metro Dallas

by Abby Cox

Plano, Texas — Adidas has signed a lease for a new flagship store at Legacy West, a 255-acre mixed-use development located in Plano, approximately 16 miles northeast of downtown Dallas. The 3,200-square-foot store will open on June 4. Adidas will be situated on the north end of the Legacy West development, joining a mix of high-end retailers like Louis Vuitton, Gucci and Ralph Lauren. A joint venture between Indianapolis-based Kite Realty Group and Singapore-based GIC acquired Legacy West in May 2025 for $785 million. The mixed-use development features 344,000 square …

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huey-magoos
DevelopmentNewsRestaurants

Huey Magoo’s Introduces Freestanding Condensed Drive-Thru Prototype

by Abby Cox

Orlando, Fla. — Fast-casual chicken tenders chain Huey Magoo’s is introducing a freestanding drive-thru prototype designed to lower build costs and increase site flexibility for franchisees. The design allows development on sites that were previously not viable, supporting growth in more markets while reducing upfront investment. The prototype extends the brand’s “cost-conscious” design approach into a standalone drive-thru format, building on momentum from 2025 when Huey Magoo’s introduced a condensed 1,500-square-foot inline model. Designed in-house by Melissa McCammack, director of architecture and design, the ground-up drive-thru model totals approximately 1,850 …

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Providence-Place-Mall
Investment salesNewsRhode Island

Partnership to Acquire Providence Place Mall in Rhode Island for $133 Million

by Abby Cox

Providence, R.I. — A partnership between Syracuse, New York-based Pyramid Management Group, Paolino Properties and DW Partners has been selected to acquire Providence Place Mall, a 1.4 million-square-foot lifestyle center located in Providence, for $133 million. The sale, approved by Superior Court Judge Brian Stern, ends a year-long receivership for the 13.2-acre shopping center, which had been in default under its previous owner, Brookfield Properties. The group plans to complete a repositioning of the property that focuses on curating a stronger mix of retail, dining and entertainment, while enhancing the overall …

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Silveron-Rendering
DevelopmentMixed-useNewsTexas

Weitzman Breaks Ground on Retail Portion of Mixed-Use Development in Metro Fort Worth, Texas

by Abby Cox

Flower Mound, Texas — Weitzman has broken ground on Silveron Park, a restaurant-focused retail development located on the southeast corner of Lakeside Village Boulevard and International Parkway in Flower Mound, roughly 25 miles northeast of Fort Worth. Situated as part of a larger mixed-use development, the project’s first phase of retail will consist of 17,400 square feet of shop space, along with available drive-thru pads. Phase I is expected for completion this fall. At full buildout, Silveron Park will include 40,000 square feet of retail, 525,000 square feet of office …

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625-Southern-Artery
Investment salesMassachusettsNews

Atlantic Capital Partners Negotiates $5.2 Million Sale of 22,100-Square-Foot Retail Property in Metro Boston

by Abby Cox

Quincy, Mass. — Atlantic Capital Partners has negotiated the $5.2 million sale of 625 Southern Artery, a 22,100-square-foot retail property located in Quincy, roughly 10 miles south of downtown Boston. The retail building was fully leased at the time of sale to Goodwill and Pet Supplies Plus, with an additional licensing agreement with Artery Garden Center. Justin Smith, Danielle Turpin and Matt Ericson of Atlantic Capital Partners represented the seller, The Davis Cos., in the transaction. The buyer was a private investor.

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3984 SW. 43rd St.
FloridaInvestment salesNews

Katz & Associates Brokers $4 Million Sale of Single-Tenant Restaurant Property in Gainesville, Florida

by Abby Cox

Gainesville, Fla. — Katz & Associates has brokered the $2.9 million ground lease sale of a single-tenant restaurant property located in Gainesville. Situated at 3984 SW. 43rd St., the 8,392-square-foot building is occupied by Texas Roadhouse. Michael Zimmerman of Katz & Associates represented the seller in the transaction. Chris Lind of Marcus & Millichap represented the buyer.

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Escondido-Gateway-Center
CaliforniaInvestment salesNews

Brixton Capital Purchases Escondido Gateway Shopping Center in Metro San Diego for $28 Million

by Abby Cox

Escondido, Calif. — Brixton Capital has acquired Escondido Gateway Shopping Center, an 89,252-square-foot retail center located in Escondido, approximately 30 miles northeast of downtown San Diego, for $28 million. Phil Lyons and Vince Provenzano of Cushman & Wakefield represented the seller, Del Mar, California-based Mountain Pacific Properties, in the off-market transaction. Brixton Capital represented itself. Built in 2003, Escondido Gateway Shopping Center spans four buildings and features a mix of tenants including Barnes & Noble, Michaels, Columbia Bank and Cocina del Charro, among others. The property was 96.8 percent occupied at …

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