Retail

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

by John Nelson August 26, 2026

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 engineer), and Jamestown will manage the overall development. Plans for the site include a 20,000-seat NHL-ready arena; 4,000-seat music hall and performing arts center; 2,000-seat community hockey rink; 1,100-seat movie theater; two hotels comprising up to 650 hotel rooms and a 35,000-square-foot conference center; approximately 565,000 square feet of retail and dining space; 750,000 square feet of offices; 1,385 multifamily units; and more than 20 acres of publicly accessible parks, plazas and multi-use trails. The development team says the project should support more than 13,000 construction jobs and 6,000 permanent jobs, as well as generate $2 billion in direct consumer spending. The redevelopment will be delivered in phases, …

August 26, 2026

Acquisitions Retail Texas

Disney Investment Group Negotiates Sale of 167,000 SF Shopping Center in Mesquite, Texas

by Taylor Williams August 26, 2026

MESQUITE, TEXAS — Local brokerage firm Disney Investment Group has negotiated the sale of Towne Crossing, a 167,000-square-foot shopping center in Mesquite, an eastern suburb of Dallas. The grocery-anchored (Kroger) center was fully leased at the time of sale to tenants such as Hibbett Sports, Five Below and H&R Block. Ohio-based retail REIT Phillips Edison & Co. sold the center to Chicago-based Newport Capital Partners for an undisclosed price. The new ownership plans to make capital improvements to the property.

August 26, 2026

Loans Northeast Pennsylvania Retail

JLL Arranges $73.5M Loan for Refinancing of Retail Power Center in McCandless, Pennsylvania

by Taylor Williams August 26, 2026

MCCANDLESS, PA. — JLL has arranged a $73.5 million loan for the refinancing of a 387,771-square-foot retail power center in McCandless, a northern suburb of Pittsburgh. McCandless Crossing was 99 percent leased at the time of the loan closing, with Lowe’s Home Improvement, T.J. Maxx, Trader Joe’s, HomeGoods and Sierra Trading serving as the anchor tenants. The overall tenant roster has a weighted average remaining lease term of 5.7 years. Nick Unkovic, Claudia Steeb and Zachary Barone of JLL arranged the five-year, fixed-rate loan through Nationwide on behalf of the owner, AdVenture Champion Partners.

August 26, 2026

Acquisitions Illinois Midwest Retail

SVN Chicago Commercial Negotiates $1.5M Sale of Retail Center in Chicago’s North Center

by Kristin Harlow August 26, 2026

CHICAGO — SVN Chicago Commercial has negotiated the $1.5 million sale of a 6,000-square-foot retail property located at 3832 N. Lincoln Ave. in Chicago’s North Center neighborhood. Tim Rasmussen and Marcus Sullivan of SVN represented the seller. The two-story property sold for 8 percent above asking price.

August 26, 2026

Acquisitions California Development Mixed-Use Multifamily Restaurant Retail Western

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

by Amy Works August 25, 2026

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 include new building construction, remodeling of existing structures, upgraded utilities, reconfigured parking, improved circulation and sitewide enhancements. Leasing for retail space is underway for Campo on 17th, with units ranging from 988 square feet to 6,880 square feet. The restaurant Zov’s, a community staple since 1987, will debut a fully expanded and remodeled 8,200-square-foot space as an anchor tenant within the new project.

August 25, 2026

Acquisitions California Retail Western

Colliers Brokers $11.3M Sale of Kellogg Square Retail Center in Santa Barbara, California

by Amy Works August 25, 2026

SANTA BARBARA, CALIF. — Colliers has brokered the $11.3 million sale of Kellogg Square, a neighborhood retail center located at 5555-5585 Hollister Ave. in Santa Barbara. AJR Capital Group sold the property to an undisclosed buyer. Miles Waters, Austin Herlihy, Chris Parker and Mike Chung of Colliers represented the buyer in the transaction.

August 25, 2026

Loans Retail Texas

MMCC Arranges $19.6M in Financing for Travel Center in Mount Pleasant, Texas

by Taylor Williams August 24, 2026

MOUNT PLEASANT, TEXAS — Marcus & Millichap Capital Corp. (MMCC) has arranged $19.6 million in financing for a 9,557-square-foot travel center in Mount Pleasant, located in northeast Texas. The name and address of the property, which features a fuel station, restaurant and laundry facilities, were not disclosed. Ron Balys of MMCC arranged the five-year loan, which carries a 6.75 percent interest rate, through an undisclosed national bank. The borrower was also not disclosed.

August 24, 2026

Acquisitions Massachusetts Northeast Retail

Atlantic Capital Partners Negotiates $8M Sale of Shopping Center in Milford, Massachusetts

by Taylor Williams August 24, 2026

MILFORD, MASS. — Regional brokerage firm Atlantic Capital Partners (ACP) has negotiated the $8 million sale of Milford Square, a 50,326-square-foot shopping center located about 40 miles southwest of Boston. The neighborhood center is home to a mix of service-oriented and necessity-based tenants, including the Massachusetts Registry of Motor Vehicles. Justin Smith, Chris Peterson, Danielle Turpin and Matt Ericson of ACP represented the undisclosed seller in the transaction. The buyer was also not disclosed.

August 24, 2026

Leasing Activity New York Northeast Restaurant Retail

Stout NYC to Open 13,900 SF Restaurant in Manhattan’s NoMad District

by Taylor Williams August 24, 2026

NEW YORK CITY — Stout NYC will open a 13,900-square-foot restaurant in Manhattan’s NoMad district. Dos Caminos formerly occupied the multi-level space at 373 Park Avenue S. Henry Rossignol of CBRE represented the tenant in the lease negotiations. Ariel Schuster, Michael Paster and Jenna Kestan of Newmark, along with internal agents Steven Marvin and Jonathan Bock, represented the landlord, a joint venture between Olmstead Properties and Vertex Properties.

August 24, 2026

Kansas Leasing Activity Midwest Mixed-Use Retail

Anthropologie to Open at Bluhawk Mixed-Use Development in Suburban Kansas City

by Kristin Harlow August 24, 2026

OVERLAND PARK, KAN. — Anthropologie will join Bluhawk, a 277-acre mixed-use destination in Overland Park, in summer 2027. The store marks the retailer’s third Kansas City-area location to date. Home to AdventHealth Sports Park, Bluhawk brings together retail, dining, hospitality, entertainment and youth sports in a walkable setting. Previously announced tenants at the project include L.L.Bean, Barnes & Noble, J.Crew Factory and the newly opened Buckle.

August 24, 2026

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