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Astral-Development-Rendering
DevelopmentMultifamilyRetailSouth CarolinaSoutheast

Astral, Steady Capital to Develop 483,106 SF Mixed-Use Multifamily Property in Columbia, South Carolina

by Abby Cox

COLUMBIA, S.C. — Astral Development and Steady Capital have announced plans to develop a 483,106-square-foot mixed-use multifamily property at the intersection of Bull Street and Elmwood Avenue in Columbia. Upon completion, the project will feature 288 apartments and more than 22,000 square feet of retail space. Plans include six end-cap retail spaces, patio seating, pedestrian walkways and garage and street parking. Ahead of construction, Astral will collaborate with local groups to activate portions of eight adjacent properties to bring community engagement to the space. Completion of the project is scheduled for summer 2028. Axoim Architects and Elford Construction will oversee the design and pre-construction efforts, and Crosland Barnes Group and Cushman & Wakefield are handling leasing for the ground-level retail space. The multifamily component of the project will comprise 236 one-bedroom units, 33 two-bedroom units and 19 three-bedroom units. The ground level will include a fitness center, lobby, leasing office and a dedicated space for bike parking.

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Buccaneer Square
AcquisitionsFloridaRetailSoutheast

TSCG Negotiates $12.7M Sale of Buccaneer Square Shopping Center in Tampa, Florida

by Abby Cox

TAMPA, FLA. — TSCG has negotiated the $12.7 million sale of Buccaneer Square, a 103,813-square-foot shopping center located at the intersection of West Hillsborough Avenue and Memorial Highway in central Tampa. Aldi anchors the property, which was 91 percent leased at the time of sale. Additional tenants include Harbor Freight Tools, Boot Barn and Five Below. CVS Pharmacy and Chick-fil-A occupy separate outparcels at the property that were not included in the sale. Originally built in 1970 and renovated in 2000, Buccaneer Square comprises roughly 8.5 acres. Anthony Blanco of TSCG represented the seller, a private partnership, in the transaction. The buyer was an out-of-state private investment group.

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AcquisitionsRetailTexas

JLL Negotiates Sale of 95,032 SF Shopping Center in Southwest Houston

by Taylor Williams

HOUSTON — JLL has negotiated the sale of Sugar Park Plaza, a 95,032-square-foot shopping center in southwest Houston. The center consists of one inline retail building and three pad sites and was fully leased at the time of sale. Tenants include Marshalls (anchor), Aga’s Restaurant & Catering, Skechers, Chase Bank and Magnum Staffing. John Indelli and Ryan West of JLL represented the undisclosed seller in the off-market transaction. Michael King and Michael Johnson, also with JLL, arranged acquisition financing on behalf of the buyer, Dhanani Private Equity Group.

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Leasing ActivityNew JerseyNortheastRetail

Iron Culture Gym Opens 26,000 SF Flagship Facility in West Orange, New Jersey

by Taylor Williams

WEST ORANGE, N.J. — Fitness operator Iron Culture Gym has opened a 26,000-square-foot flagship facility in West Orange, about 20 miles west of Manhattan. The space formerly housed a 1950s-era bowling alley known as Eagle Rock Lanes. Titan Construction Management served as the general contractor for the adaptive reuse project. New Jersey-based Sym Heller Development & Management owns the building.

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Leasing ActivityMidwestMultifamilyOhioRestaurantRetailStudent Housing

Bagels & Co. Signs 2,660 SF Retail Lease at Rambler Columbus Student Housing Property

by Kristin Harlow

COLUMBUS, OHIO — Bagels & Co. has signed a 2,660-square-foot retail lease at Rambler Columbus, a student housing property near The Ohio State University campus. The tenant will occupy space on the ground floor beginning in spring 2026. Known for its Brooklyn-style bagels, the café also serves La Colombe coffee, 25 varieties of cream cheese and a variety of breakfast and lunch offerings. Developed by LV Collective, Rambler Columbus opened this fall at 222 W. Lane Ave. Other retail tenants at the property include coffee shop Daydreamer and Victory Lap, an Ohio State-themed sports bar. Matt Stein and Matt Cooper of MSC represented both Bagels & Co. and LV Collective in the lease.

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CITYCENTRE-Houston
AcquisitionsRetailTexas

MetroNational Acquires 309,144 SF Retail Component of CITYCENTRE in West Houston

by Taylor Williams

HOUSTON — MetroNational has acquired the 309,144-square-foot retail component of CITYCENTRE, a 47-acre mixed-use development in West Houston. The retail portion frames a central green space at the property and is home to roughly 24 food-and-beverage concepts such as Bellagreen, Daily Gather, Eddie V’s Prime Seafood, Grimaldi’s Pizzeria, Hopdoddy Burger Bar, North Italia, Sal y Pimienta, Seasons 52, The Capital Grille and Yard House. Retailers include Allen Edmonds, Anthropologie, Kendra Scott, Sephora, Sur la Table, Tecovas, Warby Parker and West Elm. MetroNational has partnered with Radom Capital to renovate the retail portion of CITYCENTRE. JLL represented the seller, Dallas-based TriGate Capital, in the transaction. MetroNational represented itself.

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AcquisitionsRetailTexas

JLL Arranges Sale of 181,708 SF Retail Property in Waco

by Taylor Williams

WACO, TEXAS — JLL has arranged the sale of a 181,708-square-foot retail property in Waco that is leased to tenants including Sprouts Farmers Market, Best Buy, Office Depot and Burlington. The property is part of Central Texas Marketplace, a 526,000-square-foot power shopping center that was built between 2005 and 2015. Adam Howells, Barry Brown, Erin Lazarus and Brennan Fewin of JLL represented the seller, Ball Ventures, in the transaction. The buyer was G3C Operating LLC, an entity controlled by Dallas-based investor James “Corky” Nix.

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AcquisitionsCaliforniaRetailWestern

Newmark Pacific Negotiates $45.5M Sale of Conejo Valley Plaza Shopping Center in Metro Los Angeles

by Amy Works

THOUSAND OAKS, CALIF. — Newmark Pacific has negotiated the $45.5 million sale of Conejo Valley Plaza, a 127,032-square-foot shopping center located in Thousand Oaks, approximately 38 miles west of Los Angeles. A Ralphs grocery store and Bank of America anchor the center, which was 68 percent leased at the time of sale. Additional tenants include Marshalls, HomeGoods and CVS Pharmacy. Pete Bethea, Rob Ippolito and Glenn Rudy of Newmark Pacific represented the sellers, two entities doing business as Conejo Valley Plaza 1 LLC and Conejo Valley Plaza 2 LLC, in the transaction.

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Woodstock Mill District
DevelopmentGeorgiaRetailSoutheast

Connolly Underway on 118,000 SF Woodstock Mill District Shopping Center in Metro Atlanta

by Abby Cox

WOODSTOCK, GA. — Atlanta-based real estate developer and investor Connolly has begun construction on Woodstock Mill District, a 118,000-square-foot shopping center located in the Atlanta suburb of Woodstock. The property is slated to open in phases throughout the second half of 2026. Ameris Bank is providing construction financing for the project. Scott McGregor and Bo Schill of CBRE represented Connolly in the land acquisition, while John Haynes, also with CBRE, represented the land seller. The project team features Place Maker Design (architect), Robertson Loia Roof PC (civil engineer) and Benning Construction (general contractor). Woodstock Mill District will comprise 90,000 square feet of new retail space, including a 46,791-square-foot Publix grocery store that will serve as the anchor tenant. Additionally, the development will include six freestanding buildings ranging in size from 3,500 to 13,750 square feet. Towne Lake Plaza, an existing 28,000-square-foot shopping center which sits adjacent to Woodstock Mill District, will soon be rebranded to join the new development. Connolly originally acquired Towne Lake Plaza in 2021. Connolly has selected Ed O’Connor and Mindy Elms of Lavista Associates Inc. to handle leasing for Woodstock Mill District.

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AcquisitionsIllinoisMidwestRetail

Edgemark Acquires 160,330 SF Shopping Center in Hillside, Illinois

by Kristin Harlow

HILLSIDE, ILL. — Edgemark has acquired Hillside Town Center, a 160,330-square-foot shopping center in the Chicago suburb of Hillside. Built in 2009, the property is located at the intersection of I-290 and Mannheim Road and was 99 percent occupied at the time of sale. Some of the tenants include HomeGoods, Ross Dress for Less and Petco. Michael Nieder and Brian Page of JLL represented the seller, Hutensky Capital Partners.

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