NEW YORK CITY — Convene Hospitality Group will open a 26,000-square-foot immersive event venue at 120 E. 23rd St. in Manhattan’s Flatiron District. Known as The Aperture, the venue will feature one of New York City’s largest projection-mapping environments and will be housed across two floors of the building, which is owned by Williams Equities. A tentative opening date was not announced.
KENNETT, MO. — Marcus & Millichap has brokered the $7 million sale of Bootheel Plaza, a 23-suite retail strip center in Kennett, located in the southeast corner of Missouri and four miles east of Arkansas. Built in 1973, the property totals 126,193 square feet and sits directly in front of a Walmart Supercenter. Anchor tenants include Tractor Supply, Bealls and Dollar Tree. Austin Sweet, Chris Garavaglia and Alex Perez of Marcus & Millichap represented the seller and procured the buyer, both of which were private investors.
ROSWELL, GA. — Cushman & Wakefield has brokered the $7.4 million sale of The Alstead Shops, an 11,200-square-foot retail center located at 2000 Holcomb Bridge Road in Roswell. The metro Atlanta property was delivered in 2024 and was fully leased at the time of sale to tenants including Wellstar Urgent Care, CityVet, Layne’s Chicken Fingers, The Great Greek Mediterranean Grill and The Human Bean. Margaret Jones and Lane Breedlove of Cushman & Wakefield represented the sellers, Mirabeland Investments and Concordia Properties in the transaction. The buyer was Manchester Capital Management.
GRAPEVINE, TEXAS — Pottery Barn Outlet will open a 25,027-square-foot store in Grapevine, located in the northern-central part of the metroplex. The store will be situated within one of the anchor spaces at Grapevine Towne Center. Jennifer Chandler, Lynn Van Amburgh, Ben Terry and Avery Frisbie of Weitzman represented the undisclosed landlord in the lease negotiations. Katie Rambie of SHOP Cos. represented the retailer.
NEW YORK CITY — United Hospital Fund has renewed its 22,083-square-foot office headquarters lease in Midtown Manhattan. The nonprofit organization is relocating from the 12th to seventh floor of 1411 Broadway. Josh Kuriloff, Matthias Li and Heather Thomas of Cushman & Wakefield represented the tenant in the lease negotiations. Paul Amrich, Neil King and Emily Chabrier of CBRE represented the landlord, La Caisse.
KANSAS CITY, MO. — The Kansas City Symphony has unveiled plans to develop a new live music venue in the city’s South Plaza district. The indoor venue, designed for audiences of up to 4,600 guests and targeted to open in 2028, will host touring artists across genres and support a limited number of Symphony performances that benefit from amplified or enhanced production formats. The project will also be designed to support the live performance of films with orchestra, which regularly rank among the Symphony’s most in-demand offerings. Populous and McCownGordon are the project’s design and construction build teams, respectively. The development at 4901 Main St. will be walkable to the Country Club Plaza. While Helzberg Hall at the Kauffman Center will remain the definitive orchestral home of the Symphony, the new venue will expand its reach. Managed by Music and Event Management Inc. (MEMI), the property will host over 100 annual events. The Symphony will wholly own the new venue and will contract with MEMI to operate it. MEMI, a subsidiary of the Cincinnati Symphony Orchestra, has measured a growing demand from artists and audiences for 4,000 to 6,000-seat venues that hit a “sweet spot” between intimate experience and major …
CHICAGO — Transwestern has negotiated the sale of a vacant, single-story building totaling 5,370 square feet in Chicago’s River North. The property at 625 N. Kingsbury St. sold for $2.3 million. David Kimball of Transwestern represented the seller, an entity controlled by Urban Innovations. Mark Kishtow of Jameson Commercial represented the buyer, a local private investor who plans to convert the property into a Top Dog Daycare & Hotel opening this summer. The transaction also includes an adjacent 24-space surface parking lot. Originally designed and developed in 1997 by Chicago architect Stanley Tigerman, the building features a column-free interior, exposed timber truss construction and ceiling heights exceeding 21 feet at the center.
CYPRESS, TEXAS — JLL has brokered the sale of a 39,912-square-foot shopping center in Cypress, located on the northwestern outskirts of Houston. The Shops at Fry & Tuckerton comprises three multi-tenant buildings that were fully leased at the time of sale. Tenants include Five Guys, Einsteins Bros. Bagels, VIA 313 and Charleys Cheesesteaks. Ryan West, John Indelli and Michael King of JLL represented the seller, Gulf Coast Commercial Group, in the transaction.
COSTA MESA, CALIF. — Newmark has arranged the sale of Stonemill Design Center, a flex office campus on 8.3 acres at 2915 Red Hill Ave. in Costa Mesa. Kevin Shannon, Paul Jones, Ken White, Brandon White, Chris Benton and Anthony Muhlstein of Newmark represented the undisclosed seller, an institutional investor, in the transaction. A private investor acquired the asset for an undisclosed price. Totaling 127,753 square feet, the campus features seven flex office buildings that are 94 percent leased by a diverse mix of commercial, industrial and office tenants. Situated in the Greater Airport Area submarket, the property is adjacent to SR-73 Freeway and offers proximity to South Coast Plaza.
SCOTTSDALE, ARIZ. — Salt River Pima-Maricopa Indian Community (SRPMIC) and Scottsdale-based Mullin 360 have received approval to develop a Costco at 4499 N. Pima Road in Scottsdale. The project will be the first-ever Costco store on tribal land in the United States. Spanning 21.5 acres, the project will include a 162,000-square-foot retail building and approximately 994 parking stalls. The store will include an expanded ready-to-eat section with a wide selection of grab-and-go meals, as well as a food court. A formal groundbreaking will be planned for June 2026.
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