Lincoln, Neb. — Mid-America Real Estate Corp. has arranged the sale of East Park Plaza, a 214,029-square-foot shopping center located in Lincoln. A freestanding Russ’s Market anchors the property. Other tenants include Famous Footwear and Marcus Theatres. Rick Drogosz and Patrick Corrigan of Mid-America represented the seller, Starwood Property Trust, in the transaction. Broad Reach Retail Partners was the buyer.
Mesa, Ariz. — Scottsdale, Arizona-based Diversified Partners is under construction with East Gate Plaza, a $60 million retail center located in Mesa. Spanning approximately 17 acres, the development will be situated north of the master-planned community of Eastmark and near the Mesa Tech Corridor. Confirmed tenants at the property are Starbucks Coffee, Einstein Bros. Bagels, Discount Tire, FitFX, WingSnob, Señor Taco, Farmer Boys, Zeitouna, Fresh Monkee, Port of Subs, Ono Hawaiian BBQ, Euphoria Nail Salon, Playa Bowls, Hand & Stone Spa, Kolache Café and Andi’s Hair Salon. Additional tenants include …
Miami Beach, Fla. — Comras Co. has unveiled plans to develop a new micro-district to complement the north end of Lincoln Road, the retail high street of Miami Beach. Dubbed NoLi, the project will include 150,000 square feet of boutique retail, dining, wellness and lifestyle concepts, as well as 1,700 square feet of street frontage. Comras Co. recently purchased five properties along Lincoln Road and North Lincoln Lane for the development of NoLi, in which Acore Capital provided a $117 million loan for the acquisition. NoLi will reuse the existing buildings …
New Smyrna Beach, Fla. — GBT Realty Corp. has unveiled plans to develop Shops at New Smyrna, a 55,273-square-foot, grocery-anchored neighborhood shopping center located in New Smyrna Beach. Construction of the project is scheduled to begin in summer 2026, with completion set for summer 2027. A 23,273-square-foot Sprouts will anchor the development, which will also feature an additional 35,000 square feet of junior anchor and inline retail space across two buildings, as well as two one-acre outparcels. The tenant roster is expected to include fitness, restaurant and soft goods services, among …
Owings Mills, Md. — Locally based David S. Brown Enterprises has signed three new leases at Metro Centre Owings Mill, a mixed-use, transit-oriented development under construction in the Baltimore suburb of Owings Mills. Bakery-café chain Paris Baguette, Miss Toya’s Creole House and Royalty Dental are all scheduled to debut in 2026. In addition to the new lease signings, Japanese restaurant Chiimii Sushi & Sando recently opened at the property. Current tenants at the center include The Tillery, Hook & Reel, Toastique, World of Beer, Bee Inspired Goods, Club Pilates, Eggspectation and …
Queen Creek, Ariz. — Vestar has completed Queen Creek Crossing, a 400,000-square-foot retail development located in Queen Creek, approximately 40 miles southeast of Phoenix. Costco anchors the property, which is fully leased. Other tenants include Ashley Furniture, Hobby Lobby, BJ’s Restaurant and Brewhouse, Ono Hawaiian BBQ, Smoothie King, Sleep Number, Fleet Feet, Well Groomed Pets, Desert Financial Credit Union, Natural Pediatrix, Gallery Nails and Snip-Its. Additionally, The Habit Burger and Grill is scheduled to debut in December, while U.S. Bank is expected to open in late 2026. The 31-acre development originally …
Charlotte, N.C. — Simon has acquired Phillips Place, a 134,000-square-foot open-air lifestyle center located in the SouthPark neighborhood of Charlotte. The center is home to more than 25 retail shops and restaurants, including alice + olivia, Peter Millar, rag & bone, Ralph Lauren, Veronica Beard, RH Gallery and The Palm, as well as a 180-room hotel and a multifamily residential component. Simon plans to elevate Phillips Place over time through new offerings, fresh merchandising and ongoing investment in the property. Lincoln Harris developed the center in the late 1990s.
Maricopa, Ariz. — A partnership between Thompson Thrift and Forest Creek Ventures has broken ground on the second phase of Southbridge Marketplace in Maricopa. The 56,000-square-foot expansion will comprise a 21,000-square-foot Aldi, which will anchor the property. In addition to Aldi, the second phase will include 20,000 square feet of attached retail, along with 15,700 square feet of retail across four outparcels. Signed tenants include a drive-thru Panera Bread, Tropical Smoothie Café, Einstein Bros. Bagels, Club Pilates, European Wax Center and She Nail Lounge. Available spaces for lease include four …
Norwalk, Conn. — Washington Trust has provided $12.4 million in financing for a 45,658-square-foot retail property located in the southern coastal Connecticut city of Norwalk. Marshalls anchors the center, which features other tenants such as T-Mobile and Subway, according to Showcase.com. M.F. DiScala & Co., an entity doing business as 390 Westport Avenue LLC, was the borrower. M.F. DiScala & Co. has owned the property for more than 40 years and manages a portfolio exceeding 11 million square feet across 11 states and 27 cities.
Logansport, Ind. — Timber Development Corp. has acquired Cass Commons Shopping Center, a 20,000-square-foot retail center located in Logansport, approximately 40 miles northeast of Lafayette, for $2 million. Shadow anchored by Walmart Supercenter, the property is home to a mix of tenants including Maurice’s, Great Clips and Buffalo Wild Wings. Dan Waszak in the Chicago office of Quantum Real Estate Advisors brokered the transaction.
