Restaurant

Shake Shack, Trader Joe’s Join 43-Acre Medley Development in Johns Creek, Georgia

by John Nelson February 17, 2026

JOHNS CREEK, GA. — A new wave of retailers has joined the tenant roster at Medley, a new 43-acre mixed-use redevelopment underway in Johns Creek, about 27 miles north of Atlanta. Locally based Toro Development Co. recently announced the newcomers, which will include Shake Shack, Trader Joe’s, Kontour Medical Spa, Moop’s Boutique and Northern China Eatery. Previously announced concepts include Sephora, High Country Outfitters, BODYROK, Petfolk, CRÚ Food & Wine Bar, Fadó Irish Pub, Summit Coffee, Five Daughters Bakery, Drybar Shops, Minnie Olivia Pizzeria and Clean Your Dirty Face, among others. Set to debut officially around Halloween, Medley will offer 164,000 square feet of retail, restaurant and entertainment space; 833 luxury townhomes and apartments; The Hotel at Medley, a 150-room boutique hotel set to open in 2028; 110,000 square feet of lifestyle office space; and a 25,000-square-foot plaza. The project is located at the intersection of Johns Creek Parkway and McGinnis Ferry Road and was once a suburban office hub for State Farm Insurance.

February 17, 2026

Leasing Activity Michigan Midwest Restaurant Retail

Pita Way Signs 1,400 SF Restaurant Lease in Lansing, Michigan

by Kristin Harlow February 11, 2026

LANSING, MICH. — Pita Way has signed a 1,400-square-foot lease to open at The Marketplace at Delta Township in Lansing. Michael Murphy of Gerdom Realty & Investment represented the tenant. The transaction marks the sixth Pita Way location that Gerdom helped the tenant secure in the past year. Eric Unatin of Mid-America Real Estate Group represented the undisclosed landlord.

February 11, 2026

Acquisitions California Restaurant Retail Top Stories Western

TMG, Bridges Capital Acquire 320,000 SF Metreon Shopping Center in Downtown San Francisco

by John Nelson February 10, 2026

SAN FRANCISCO —TMG Partners and equity partner Bridges Capital LLC have acquired Metreon, a 320,000-square-foot, vertically oriented shopping center in downtown San Francisco. Built in 1999, the retail and entertainment destination is anchored by Target and a 16-screen AMC Theatres that features the tallest IMAX screen in North America. Locally based TMG and Bridges Capital purchased the four-story property from Acore Capital in a deed-in-lieu transaction. The sales price was not disclosed. The City and County of San Francisco will continue to retain ownership of Metreon’s ground lease through at least 2082, according to the San Francisco Business Times. The news outlet also reported Acore Capital was the mortgage lender for Metreon on behalf of the previous owner, Starwood Capital Group. “This investment in Metreon is a powerful vote of confidence in our downtown recovery,” says San Francisco Mayor Daniel Lurie. “We’re grateful for [TMG’s] partnership as we work to accelerate San Francisco’s comeback.” Metreon is located at 135 4th St. at Mission in the city’s Yerba Buena neighborhood. The property includes City View at Metreon, a 31,000-square-foot events venue with floor-to-ceiling windows offering views of the San Franisco skyline. TMG will rebrand the venue and partner with Skylight, a …

February 10, 2026

Acquisitions Florida Restaurant Retail Southeast

SRS Negotiates Sales of Three New Central Florida Retail Properties Leased to 7-Eleven

by John Nelson February 5, 2026

TAMPA, FLA. — SRS Real Estate Partners has negotiated the sales of three new retail properties in Central Florida leased to 7-Eleven totaling $28.8 million. Built in late 2025, the three properties are located in Winter Haven, Daytona Beach and Ocoee and comprise modern convenience stores and fueling stations. 7-Eleven occupies all three properties on 15-year, triple-net leases. Patrick Nutt and William Wamble of SRS represented the sellers, Florida-based developers, in the transactions. The Winter Haven and Ocoee properties were sold as a portfolio to a Florida-based family office for a combined $19.2 million. A locally based, private investor purchased the Daytona Beach location, which is situated across from Latitude Landings and Latitude Margaritaville, in a 1031 exchange for approximately $9.5 million.

February 5, 2026

Island-Waterpark-at-Showboat-Atlantic-City

Loans New Jersey Northeast Restaurant Retail

PLG Provides $45.5M C-PACE Loan for Atlantic City Entertainment Venue

by Taylor Williams February 3, 2026

ATLANTIC CITY, N.J. — PACE Loan Group (PLG) has provided a $45.5 million C-PACE (Commercial Property Assessed Clean Energy) loan for Island Waterpark at Showboat, a 120,000-square-foot entertainment venue in Atlantic City. The venue opened in summer 2023 via conversion of a surface parking lot at the adjacent Showboat Resort and includes 10 waterslides, a multi-level children’s play structure, lazy river, four restaurants and three bars. The borrower, Bart Blatstein of Philadelphia-based Tower Investments Inc., will use a portion of the proceeds to pay down existing construction debt on the property.

February 3, 2026

Acquisitions Midwest Ohio Restaurant Retail

Cooper Group Brokers Sale of Chipotle-Occupied Restaurant Property in Piqua, Ohio

by Kristin Harlow February 3, 2026

PIQUA, OHIO — The Cooper Commercial Investment Group has brokered the sale of a newly constructed restaurant property occupied by Chipotle Mexican Grill in Piqua, a suburb of Dayton. The 15-year lease features 10 percent rental increases in years six and 11. The property includes the restaurant’s namesake drive-thru, Chipotlane, as well as patio seating. Dan Cooper of Cooper Group represented the seller, a longtime client. The asset sold to an all-cash 1031 exchange buyer from California at a 5.5 percent cap rate.

February 3, 2026

Acquisitions California Restaurant Retail Western

DJM Capital Sells Gateway Center Retail Property in Mission Viejo, California for $51M

by Amy Works February 2, 2026

MISSION VIEJO, CALIF. — DJM Capital has completed the sale of Gateway Center, a retail property located in Mission Viejo’s master-planned community, to Asana Partners for $51 million. Located at 23972-24042 Alicia Parkway, Gateway Center features 79,108 square feet of retail space that is 97 percent occupied. Current tenants include Chase Bank, Starbucks Coffee, San Diego County Credit Union and Pacific Dental Services. Gleb Lvovich, Geoff Tranchina and Daniel Tyner of JLL Capital Markets represented the seller in the deal.

February 2, 2026

Acquisitions California Restaurant Retail Western

Location Matters Negotiates $3.2M Sale of Single-Tenant Restaurant Property in Mission Hills, California

by Amy Works February 2, 2026

MISSION HILLS, CALF. — San Diego-based Location Matters has negotiated the $3.2 million sale of a single-tenant restaurant property located in the San Diego neighborhood of Mission Hills. Situated at 902 W. Washington St., the 2,505-square-foot building is occupied by contemporary American restaurant Harley Gray Kitchen & Bar, which has operated at the site for 12 years. Mike Spilky of Location Matters represented both the seller and the buyer in the transaction. The buyer plans to reposition the space with a new restaurant concept.

February 2, 2026

Civic Colorado Development Mixed-Use Multifamily Restaurant Retail Western

Evergreen, Globeville Break Ground on $132M Affordable Housing Project in Denver

by Amy Works January 30, 2026

DENVER — Evergreen Real Estate Group and Globeville Redevelopment Partners, in partnership with the Denver Public Library and the city and county of Denver, have started construction on 4965 Washington Street, a five-story mixed-use community in Denver’s Globeville neighborhood. The city and county of Denver acquired the development sites in 2019 and 2023, creating a combined total of 2.7 acres. The $132 million development will transform a city-owned parcel on the site of a former car dealership into housing for families earning between 30 percent and 80 percent of the area median income. The property will feature 170 one-, two-, three- and four-bedroom apartments, with the lower level housing the first permanent Denver Public Library branch in the Globeville neighborhood, as well as a community café owned by Tierra Colectiva. Completion is slated for fall 2027. Apartments will feature open layouts with modern finishes, including vinyl plank flooring, LED lighting, kitchen with Energy Star appliances, baths with step-in showers and low-flow plumbing fixtures and in-unit laundry. Community amenities will include a fitness center, community room and reading room, along with 50,000 square feet of outdoor gathering areas. Additionally, the project will provide 111 parking spaces, including electric vehicle charging stations. …

January 30, 2026

Leasing Activity Michigan Midwest Restaurant Retail

NAI Farbman Negotiates 4,500 SF Restaurant Lease for Culver’s in Metro Detroit

by Kristin Harlow January 30, 2026

GROSSE POINTE, MICH. — NAI Farbman, the brokerage arm of Farbman Group, has negotiated a 4,500-square-foot restaurant lease for Culver’s at 18845 Mack Ave. in Grosse Pointe, about 12 miles northeast of Detroit. The lease marks the first Culver’s location in the market. Originally constructed as a bank in 1949, the property was transformed into a dining destination. The locally owned and operated restaurant, which opened Dec. 15, features menu items such as ButterBurgers and frozen custard offerings. Harrison Yaldoo represented Culver’s and the landlord in the lease. Culver’s was founded in Wisconsin in 1984.

January 30, 2026

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