Mixed-Use

Jamestown Sells Historic Ghirardelli Square Shopping Center in San Francisco

by John Nelson April 28, 2026

SAN FRANCISCO — Jamestown LP, a mixed-use developer and operator based in Atlanta, has sold Ghirardelli Square, a historic waterfront shopping center located at 900 N. Point St. in San Francisco’s Fisherman’s Wharf District. The property comprises 12 interconnected brick buildings fronting San Francisco Bay and includes the namesake 19-foot illuminated Ghirardelli sign that has been part of the city’s skyline since 1915. Miami-based investment firm Embrace Real Estate and its affiliate asset management company 1823 Partners purchased Ghirardelli Square from Jamestown for an undisclosed price. The new ownership has selected Denver-based Continuum Partners to manage the day-to-day operations and future business plan for the historic property. Ghirardelli Square’s origins date back to 1862 when it served as the world headquarters and primary chocolate factory for Ghirardelli Chocolate Co., which still keeps a flagship store at the development. The property is listed on the National Register of Historic Places. Ghirardelli Square reopened in the early 1960s with various shops and restaurants, making the development one of the first major adaptive reuse projects in the United States. Today, Ghirardelli Square welcomes 9 million visitors annually. The project spans a little more than 100,000 square feet of shops and restaurants, as well as …

April 28, 2026

Acquisitions Kansas Midwest Mixed-Use

Copaken Brooks Buys 98,000 SF Kansas Commerce Center in Lenexa

by Kristin Harlow April 27, 2026

LENEXA, KAN. — Copaken Brooks has acquired Kansas Commerce Center, a nearly 98,000-square-foot mixed-use property in Lenexa. The firm will assume full responsibility for property management, accounting and leasing. Kansas Commerce Center is comprised of four buildings, including two multi-tenant flex properties offering a blend of office, showroom and warehouse space; a multi-tenant retail strip center; and a quick-service restaurant with drive-thru occupied by Abelardo’s Mexican Fresh. The property also includes an undeveloped pad site of approximately half an acre. The property is home to 18 tenants, including Wallaby’s Grill and Pub, Philips, DePuy Synthes, Neff Power, Social Security Administration, Apria and Amerita Specialty Infusion Services. Copaken Brook’s Kassie Murphy will oversee retail leasing, while Moly Crawford Munninghoff will handle office and light industrial leasing.

April 27, 2026

Development Georgia Hospitality Mixed-Use Southeast

Virgin Hotels to Anchor $5B Centennial Yards Development in Downtown Atlanta

by John Nelson April 23, 2026

ATLANTA — Los Angeles-based CIM Group and affiliate Centennial Yards Co. have announced that Virgin Hotels is coming to Centennial Yards, the $5 billion mixed-use district underway in downtown Atlanta. Drew Co. is co-developing the 261-room hotel, which is set to open in 2027 between Mercedes-Benz Stadium and State Farm Arena. The hotel will anchor the “Entertainment District” of the 50-acre project that will also include a 5,300-seat Live Nation venue and the interactive Cosm attraction announced in 2024. The hotel will include the Virgin brand’s signature “Chambers” room concept with a penthouse suite and “Richard’s Flat” on the upper floors. The hotel will also feature meeting space, a pool deck and a Chops Lobster Bar on the ground level, as well as bars in the lobby, pool deck area and rooftop, plus a seasonal patio bar. Other recently announced concepts coming to Centennial Yards include Shake Shack, The Irish Exit, Khao Thai Isan, The Busy Bee Café and Zephyr Southern Brasserie.

April 23, 2026

Development Mixed-Use Texas

Reports: Super Studios to Open $750M Film Production, Mixed-Use Campus in Mansfield, Texas

by Taylor Williams April 22, 2026

MANSFIELD, TEXAS — Super Studios USA will open a film production and mixed-use campus in Mansfield, a southern suburb of Fort Worth, according to reports from multiple news outlets, including MSN and the Dallas Business Journal. Both publications report that the project is valued at roughly $750 million, with construction of a $50 million first phase set to begin in late summer or early fall. MSN also reports that the campus will ultimately span 75 acres and will feature residential, hospitality, retail and restaurant components in addition to film production space. Lastly, both MSN and the Fort Worth Star-Telegram report that the film production component will include four 18,000-square-foot sound stages with 42,000 square feet of attached offices with post-production and data center suites.

April 22, 2026

Development Mixed-Use Southeast Virginia

Timberline, Origami Capital Break Ground on 6.4 MSF Rivana Mixed-Use Development in Northern Virginia

by John Nelson April 22, 2026

DULLES, VA. — A partnership between Timberline Real Estate Partners and Origami Capital Partners LLC has broken ground on Rivana, a 6.4 million-square-foot mixed-use development located on 103 acres in Northern Virginia’s Loudoun County. County officials attended the groundbreaking ceremony, which was held on Monday, April 20. According to the Loudoun County website for the project, plans for Rivana include a 463,000-square-foot retail village; 3.5 million square feet of Class A offices; 3,700 residential units; 500 hotel rooms; a performing arts venue; and two public parks at full build-out. The construction timeline was not released, but Washington Business Journal reports the developers will begin vertical construction on Phase I in mid-2027. The first phase will span 2 million square feet and include 1,500 apartments, a hotel and 150,000 square feet of retail space. Rivana is situated along the border of Loudoun and Fairfax counties near the Innovation Center Metro station and within one mile from Dulles International Airport. The development will feature four full phases in Loudoun County and a fifth in Fairfax County, according to Washington Business Journal.

April 22, 2026

Georgia Leasing Activity Mixed-Use Office Southeast

Coreforce Signs 32,945 SF Office Lease at Uptown Atlanta Mixed-Use Development

by John Nelson April 22, 2026

ATLANTA — Coreforce, a public safety tech firm based in Decatur, Ga., has signed a 32,945-square-foot office lease at Uptown Atlanta, a mixed-use development by Rubenstein Partners LP that straddles Atlanta’s Buckhead and Midtown submarkets. Kyle Kenyon and Chris Port of CBRE represented the landlord in the lease transaction. Coreforce, formerly known as Utility Associates, has 200 employees and provides software for first responders and other frontline professionals. The firm will relocate from Decatur and occupy the entire 10th floor at Uptown Atlanta, which features more than 1 million square feet of office space. Other office tenants include The Academy for Innovation in Medicine, Stadler Rail, Entertainment Partners, MARTA CPEI group and Skillshot Media. The development also includes more than 100,000 square feet of retail space leased to J’ouvert Caribbean Kitchen, Bene Korean, Sugarcoat, Roundhouse Kickboxing, The Commodore and 26 Thai Kitchen, among others.

April 22, 2026

Acquisitions California Mixed-Use Multifamily Office Retail Western

Progressive Real Estate Partners Brokers $2.9M Sale of Armstrong Building in Pomona, California

by Amy Works April 22, 2026

POMONA, CALIF. — Progressive Real Estate Partners has arranged the sale of The Armstrong Building, a historic mixed-use property at 150-196 E. Third St. and 345 S. Locust St. in Pomona. Western University of Health Sciences, a private medical university, acquired the asset from a Los Angeles-based private investor for $2.9 million. The 27,980-square-foot building features seven ground-level commercial units and eight residential lofts. Western University of Health Sciences will utilize the building as an extension of its campus, expanding the university’s footprint in downtown Pomona. Roxy Klein and Greg Bedell of Progressive Real Estate Partners represented the seller in the deal.

April 22, 2026

Development Georgia Mixed-Use Southeast

Connolly Completes $70M Mixed-Use Development in Brookhaven, Georgia

by John Nelson April 21, 2026

BROOKHAVEN, GA. — Locally based Connolly has completed Parkside on Dresden, a $70 million mixed-use development in downtown Brookhaven, a northeast suburb of Atlanta. The development is situated on a four-acre site along Dresden Drive near the Brookhaven-Oglethorpe MARTA station. Parkside on Dresden includes the 176-unit Solis Dresden Village, developed in partnership with Terwillger Pappas; a six-level parking garage; 28,000 square feet of ground-level retail space; and Woodley Plaza, a city-owned event lawn named after local businessman Dan Woodley. The retail space is fully leased to tenants including F45 Training, Café Vendome, Honeysuckle Gelato, Stretch Lab and Brookhaven Dance, among others. The development also includes a standalone retail building available for lease that features a rooftop patio.

April 21, 2026

Acquisitions District of Columbia Mixed-Use Office Southeast Top Stories

BXP Sells 50 Percent Stake in Marriott Headquarters Building in Bethesda, Maryland at $430M Valuation

by John Nelson April 21, 2026

BETHESDA, MD. — BXP (NYSE: BXP), the company formerly known as Boston Properties, has sold a 50 percent ownership interest in the corporate headquarters building for global hotelier Marriott International Inc. in downtown Bethesda. The Boston-based real estate development and management firm delivered the 21-story office tower in 2021 and is now selling its stake to its joint venture partner, The Bernstein Cos., at a $430 million valuation. Tommy Cleaver, Bill Shanahan, Dan Grimes and Chloe Neal of CBRE represented BXP in the sale. BXP’s net proceeds in the sale came out to $83 million. In addition to LEED Gold and Fitwel certifications, the Marriott office tower has features a rooftop terrace; grand lobby with an LED wall and three-story atrium; 7,500-square-foot fitness center; collaboration space; two dining offerings; 11,000-square-foot childcare center; and an innovation center with a test kitchen. According to Marriott, the office tower can accommodate roughly 3,500 workers across 2,842 workspaces. The hotel giant fully debuted the tower in fall 2022. “This remarkable headquarters is the result of a shared vision and a strong partnership with BXP,” says Adam Bernstein, president and CEO of The Bernstein Cos. “Together, we delivered a world-class building for Marriott International’s global headquarters …

April 21, 2026

Acquisitions Florida Mixed-Use Southeast

Concord Wilshire Acquires 43-Acre Mixed-Use Development Site in Royal Palm Beach, Florida for $60M

by Abby Cox April 20, 2026

ROYAL PALM BEACH, FLA. — Concord Wilshire Capital has acquired a 43-acre mixed-use development site in Royal Palm Beach for $60 million, with plans to move forward with a previously planned project, dubbed Main Street at Tuttle Royale. The site was originally approved for multifamily, retail, office and hospitality uses before the property owner filed for Chapter 11 reorganization, according to the South Florida Business Journal. Concord Wilshire Capital will rebrand and develop the property to serve as a central hub for residential living, retail activity and community engagement. Located at the intersection of State Route 7 and Southern Boulevard in Palm Beach County, the master-planned development will include 401 multifamily residences; approximately 426,764 square feet of retail space; a 125-room hotel; an 82,875-square-foot office building; an activated park plaza with public spaces, a sculpture garden and experiential amenities. Construction will begin soon following the permitting process. Concord Wilshire will announce additional details in the coming months, including the formal rebranding of the development and announcements of residential and retail development partners.

April 20, 2026

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