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North-Point-Mall_Alpharetta
DevelopmentGeorgiaMixed-useNews

City of Alpharetta Approves North Point Mall Rezoning for Planned Hockey-Anchored Mixed-Use Village in Metro Atlanta

by Abby Cox

Alpharetta, Ga. — The Alpharetta City Council has approved the rezoning of North Point Mall, a shuttered 1.3 million-square-foot shopping mall that originally opened in 1993. The redevelopment is now zoned for the build-out of a mixed-use entertainment district that the development team hopes will attract a National Hockey League (NHL) team. The team behind the nearly 100-acre mixed-use district includes landowner New York Life Insurance Co., real estate development and placemaking firm Jamestown and specialty sports and entertainment development firm Machete Group. The design-build team includes HKS Architects and Kimley-Horn (civil …

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encinitas-retail-properties
CaliforniaInvestment salesNews

Marcus & Millichap Brokers $8.3 Million Sale of Two-Property Retail Portfolio in Metro San Diego

by Abby Cox

Encinitas, Calif. — Marcus & Millichap has brokered the sale of a two-property retail portfolio located at 548-568 S. Coast Highway 101 and 571 2nd St. in Encinitas, roughly 25 miles north of San Diego. The properties sold for a combined $8.3 million. The first property — 548-568 S. Coast Highway 101 — spans 5,698 square feet of retail space and includes five suites in two adjacent buildings. Adam Robinson of RAF Pacifica Group purchased the property for $4.7 million. The second property — 571 2nd St. — features 6,508 square …

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Temecula_Vail_Ranch
CaliforniaInvestment salesNews

Progressive Real Estate Arranges $6.5 Million Sale of Multi-Tenant Retail Building in Southern California

by Abby Cox

Temecula, Calif. — Progressive Real Estate Partners has arranged the $6.5 million sale of a multi-tenant retail building located within Vail Ranch Plaza in Temecula. Greg Bedell of Progressive represented the buyer, a Los Angeles-based private investor. Brian Bielatowicz, Ryan Bennett and Drew Olson of Lee & Associates represented the seller, another private investor. The 8,781-square-foot retail property was fully leased at the time of sale to tenants including Better Buzz Coffee, Orangetheory Fitness, Krak Boba and D’Or Nail Lounge. Vail Ranch Plaza is an open-air shopping center that is …

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porter-ranch-town-center
CaliforniaLeasingNews

Shapell Properties Signs Leases with Five New Tenants at Porter Ranch Town Center in Los Angeles

by Abby Cox

Los Angeles — Shapell Properties has signed leases with five new tenants at Porter Ranch Town Center, a 560,000-square-foot open-air center located in the northwestern region of the San Fernando Valley within the city of Los Angeles. The property’s expanding wellness and beauty tenants will comprise Heights Wellness Retreat, The Hydration Room, Perspire Sauna Studio, KV Lagree Studio and Sephora, which will serve as a new anchor addition at the development. Other tenants at the center include Walmart, Best Buy, Burlington, Ralphs, Petco, In-N-Out Burger, TGI Fridays and Chase Bank, among …

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Bend Hill Partners Rendering
DevelopmentNewsTennessee

Urban Story Ventures Announces $350 Million Retail, Residential District at The Bend Mixed-Use Development

by Abby Cox

Chattanooga, Tenn. — Urban Story Ventures has announced a new $350 million retail and residential district that will be joining The Bend, a 120-acre mixed-use riverfront development along the Tennessee River in downtown Chattanooga. The project is being delivered in partnership with Hill Partners and Perkins&Will. Construction is expected to begin in 2027, with an anticipated completion timeline for the fall of 2028. The new open-air district will feature a blend of restaurants, retail, office space and residential, as well as a $300 million amphitheater that is being developed by Venu …

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Campo-on-17th-Tustin-CA
CaliforniaDevelopmentInvestment salesNews

Burnham-Ward Properties Buys Retail Center in Tustin, California, Plans Mixed-Use Redevelopment

by Abby Cox

Tustin, Calif. — Burnham-Ward Properties has purchased Enderle Center, a retail center in the Orange County city of Tustin. The company will redevelop the center, rebrand it as Campo on 17th and introduce approximately 60,000 square feet of revitalized commercial space and 100 new for-sale townhome residences. Intracorp will handle the development. Located at East Seventeenth Street and Enderle Center Drive, Campo on 17th will keep retail as the primary use while adding landscaping, water features, fire pit areas and a town green designed for year-round community gatherings. The redevelopment will …

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Commonwealth Shopping Center
FloridaGrocery-anchoredInvestment salesNews

Saglo Cos. Sells Grocery-Anchored Retail Center in Jacksonville, Florida, for $8.1 Million

by Abby Cox

Jacksonville, Fla. — Saglo Cos. has sold Commonwealth Shopping Center, an 81,467-square-foot retail center located in Jacksonville, for $8.1 million. The transaction also features an additional six acres of vacant land. Built in 1984, the shopping center is anchored by Rowe’s IGA Supermarket. Other tenants include Dollar Tree, Hibbett Sports, Rent-A-Center and Pizza Hut. Drew Kristol and Kirk Olson of Marcus & Millichap marketed the property on behalf of the seller. Meilian Solomon of LoKation Real Estate procured the buyer, Edgewood USA LLC, in the transaction.

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Super-Star_ Express
CaliforniaInvestment salesNews

Hanley Investment Group Arranges $3.4 Million Sale of Single-Tenant Retail Property in Inland Empire

by Abby Cox

Lake Elsinore, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $3.4 million sale of a single-tenant retail property located in the Inland Empire city of Lake Elsinore. Super Star Express Car Wash occupies the 4,116-square-foot building, which is situated within a Stater Bro.-anchored retail project under development. The newly built property operates on a 20-year, triple-net ground lease with 10 percent rental increases every five years. Bill Asher and Jeff Lefko of Hanley represented the seller and developer, Evergreen Devco Inc., in the transaction. Dan Riley of CBRE …

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Village at Gateway
DevelopmentLeasingNewsTexas

StreetLevel Investments to Open First Tenants at Village at Gateway Mixed-Use Development in Metro Dallas

by Abby Cox

Forney, Texas — StreetLevel Investments has announced the opening of its first wave of tenants at Village at Gateway, a 152-acre, multi-phase mixed-use project located in Forney, roughly 20 miles east of Dallas. Situated within the 2,000-acre Gateway master-planned development, phase one will feature 750,000 square feet of retail, entertainment and restaurants. Target, Home Depot, H-E-B, BJ’s Wholesale Club, Five Below, Burlington, Ross Dress for Less, Rack Room Shoes, Pacific Dental, James Avery and Bath & Body Works are now open at the center. Additional retailers and restaurants that will …

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south-union-shopping-center
Grocery-anchoredInvestment salesNewsNorth Carolina

Morgan Co., Idlewood Capital Acquire Food Lion-Anchored Center in Concord, North Carolina, Plan Redevelopment 

by Abby Cox

Concord, N.C. — A joint venture between Idlewood Capital and Morgan Co. have acquired South Union Shopping Center, an 80,184-square-foot shopping center located in Concord, a northeast suburb of Charlotte. Food Lion anchors the center. Following the acquisition, the joint venture plans to complete a façade renovation and refresh of the property, which will include new storefronts, updated signage and new awnings and canopies. Designed by Little Diversified Architectural Consulting, renovations are expected to begin in the first quarter of 2027 and conclude in the summer. Food Lion will remain …

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