Retail

Karahan Cos. Inks Deals With Seven New Tenants at Frisco Mixed-Use Development

by Taylor Williams September 22, 2026

FRISCO, TEXAS — The Karahan Cos. has inked deals with seven new retailers and restaurants at Fields West, a 55-acre mixed-use development located north of Dallas in Frisco. The tenants include Boll & Branch, Evereve, Flower Child, lululemon, SusieCakes, Tecovas and Warby Parker. Previously announced tenants at Fields West include Crate & Barrel, Gorjana, Pottery Barn, Sweetgreen, Williams Sonoma and [solidcore]. The project’s retail component, which is scheduled to come on line next year, is now 75 percent preleased via 44 signed leases.

September 22, 2026

Michigan Midwest Retail

Detroit Tigers, Fifth Third Bank Rename Comerica Park

by Kristin Harlow September 22, 2026

DETROIT — The Detroit Tigers and Fifth Third Bancorp (NYSE: FITB) have announced that Comerica Park will become Fifth Third Park. The naming rights transition follows Fifth Third’s acquisition of Comerica in February. After the merger, Fifth Third became the largest retail deposit holder in both Michigan and Detroit, established its Michigan regional headquarters at One Campus Martius in downtown Detroit and maintained the Great Lakes Campus in Farmington Hills. Since opening in 2000, the ballpark has anchored Detroit’s sports and entertainment district. Signage updates will roll out during the offseason, and the marquee signage will be installed ahead of the 2027 season. Comerica Park has been the name of the stadium since it opened.

September 22, 2026

Acquisitions Illinois Midwest Retail

Marcus & Millichap Negotiates $7.8M Sale of Retail Center in Highland Park, Illinois

by Kristin Harlow September 22, 2026

HIGHLAND PARK, ILL. — Marcus & Millichap has negotiated the $7.8 million sale of Garrity Square, a 13-suite retail property in Highland Park. The 20,000-square-foot center is located at 1833 Deerfield Road. The asset is anchored by a freestanding Starbucks that has operated at the property since 2002. Adrian Mendoza, Sean Sharko and Austin Weisenbeck of Marcus & Millichap represented the seller and procured a private investor buyer.

September 22, 2026

Development Retail Southeast Tennessee

GBT Realty to Develop 300,000 SF Retail Center in Gallatin, Tennessee

by Abby Cox September 21, 2026

GALLATIN, TENN. — GBT Realty Corp. plans to develop The Crossroads of Gallatin, a nearly 300,000-square-foot shopping center located in Gallatin, a middle Tennessee city approximately 30 miles northeast of Nashville. Current development plans include roughly 30,000 square feet of divisible shop space, multiple large-format retail spaces ranging up to 55,000 square feet and six outparcels. The Brentwood, Tenn.-based developer is currently in discussion with multiple dining, retail, health and fitness and service-based retailers and restaurants. Further details of the project were not disclosed. Upon full build-out, The Crossroads of Gallatin will be the largest shopping destination constructed in the Nashville MSA since 2015, according to GBT Realty.

September 21, 2026

Leasing Activity Mississippi Retail Southeast

Three Retailers Join The Outlets of Mississippi in Metro Jackson

by Abby Cox September 21, 2026

PEARL, MISS. — Three retailers are opening new stores at The Outlets of Mississippi, a 325,000-square-foot, open-air outlet mall located in Pearl, roughly five miles outside Jackson. Toys “R” Us will open a 4,645-square-foot store this month, while footwear brand and specialty shoe retailer Clarks will launch its 3,000-square-foot space in the fourth quarter of this year. Seasonal pop-up retail chain Spirit Halloween has already opened its 7,556-square-foot store at the center. The new leases are part of an ongoing revitalization of the center that has welcomed other national and regional brands including Ulta Beauty and Southern Marsh, along with Bath & Body Works, Michael Kors, Nike Factory Store, PUMA, Levi’s and Marshalls, among others. Jackson, Miss.-based Spectrum Capital LLC owns The Outlets at Mississippi, which opened in 2013.

September 21, 2026

Development Illinois Midwest Mixed-Use Retail

Chicago’s 1901 Project Owners Reveal Renderings for New Music Hall

by Kristin Harlow September 21, 2026

CHICAGO — The 1901 Project owners have revealed renderings for the new Music Hall, a purpose-built live performance venue taking shape on the United Center campus in Chicago. Set to open in 2028 as a centerpiece of the first phase of the 1901 Project, the Music Hall will accommodate 6,000 guests and is being built specifically for live music. New renderings show an intimate performance room with three levels of viewing. The venue bowl has been designed with support from major industry consultants including RIOS, Theater Projects and Kirkegaard. Inside will be bars, merchandise locations and hospitality spaces. Outside, the venue will open directly into the larger 1901 Project campus, connecting guests with new open space, restaurants, retail, parking and a hotel. The 1901 Project is a $7 billion investment that will transform more than 55 acre surrounding the United Center into a mixed-use destination with new public spaces and parks, housing, retail, hospitality, offices and transportation improvements.

September 21, 2026

Acquisitions Midwest Minnesota Missouri Retail

First Washington Realty Invests $65M for Two Midwest Shopping Center Acquisitions

by Kristin Harlow September 21, 2026

BLAINE, MINN. AND LIBERTY, MO. — First Washington Realty (FWR) has acquired two grocery-anchored shopping centers in Minnesota and Missouri for a combined value in excess of $65 million. The acquisitions expand FWR’s portfolio to 21.9 million square feet across 21 states. The Village of Blaine is a 220,685-square-foot center in Blaine, Minn., and Liberty Corners is a 124,808-square-foot property anchored by a 56,000-square-foot Cosentino’s Price Chopper store in Liberty, Mo. Additional tenants include Chipotle and The Big Biscuit.

September 21, 2026

Arizona California Georgia Loans Retail Western

JLL Arranges $154.1M in Financing for Six-Property Retail Portfolio Spanning Three States

by Amy Works September 18, 2026

CALIFORNIA — JLL has arranged $154.1 million in financing for a six-property, 1.3 million-square-foot retail portfolio spanning California, Arizona and Georgia. Chris Drew, John Marshall, Wells Waller, Jarrod Howard, Gabriel Davenport and Preston Bacon of JLL Capital Markets secured financing for the borrowers, Kimco Realty Corp. and an institutional joint venture partner, through institutional investors advised by J.P. Morgan Asset Management. The portfolio includes Morena Plaza in San Diego, Rancho San Diego in El Cajon, Calif., Vail Ranch Plaza and Redhawk Towne Center in Temecula, Calif.; North Decatur Station in Decatur, Ga.; and The Summit at Scottsdale in Scottsdale, Ariz. The portfolio is 99 percent occupied with a 4.6-year weighted average lease term and features grocery anchors, including Costco, Walmart, Whole Foods Market, Sprouts Farmers Market and Safeway. National tenants occupy approximately 76 percent of the portfolio’s gross leasable area, with 46 percent of the tenant roster comprising investment-grade credit.

September 18, 2026

Development Michigan Midwest Nebraska Retail

National Daycare Franchise to Open 12 New Centers Totaling 120,000 SF in Michigan, Nebraska

by Kristin Harlow September 18, 2026

MICHIGAN AND NEBRASKA — National daycare franchise The Learning Experience has unveiled plans to open 12 new centers over the next three years, adding 120,000 square feet. Each location will total up to 10,000 square feet of indoor building space with up to a 5,000-square-foot playground. Each center will employ as many as 30 staff members and certified teachers to serve upwards of 180 children between six weeks and six years of age with daycare and early childhood education. Eight are planned for Michigan, with six in the Detroit area and two in Grand Rapids. The other four are planned for Nebraska, evenly split between the Lincoln and Omaha metro areas. The Learning Experience, which is owned by private equity group Harvest Partners, now maintains 491 centers open and operating. The Florida-based franchise opened 57 new centers in 2025 and 29 so far in 2026, with another 305 currently under development.

September 18, 2026

Loans Mixed-Use New York Northeast Office Retail Top Stories

Walker & Dunlop Arranges $293M Refinancing for Mixed-Use Property in Manhattan

by Abby Cox September 18, 2026

NEW YORK CITY — Walker & Dunlop (NYSE: WD) has arranged a $293 million loan for the refinancing of 40 Tenth Avenue, a 158,957-square-foot mixed-use building located in Manhattan. The property sits in the city’s Meatpacking District near Little Island, Hudson River Park and the Whitney Museum of American Art. 40 Tenth Avenue features 112,241 square feet of office space across floors three through 10, with 46,716 square feet of retail space situated on the first and second floors. Dustin Stolly, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Sean Reimer, Jordan Casella and Stanley Cayre of Walker & Dunlop secured the fixed-rate, permanent loan through Corebridge Financial on behalf of the borrower, a joint venture between Aurora Capital and William Gottlieb Real Estate. “40 Tenth Avenue stands out in building quality, location and experience — all elements that differentiate a property for tenants,” says Stolly, senior managing director of the Capital Markets Institutional Advisory team at Walker & Dunlop. “The fully leased office component, institutional tenant roster and substantial outdoor space demonstrate the continued demand for high-touch, well-located workplaces in New York.” According to Walker & Dunlop, the Meatpacking District is one of Manhattan’s most supply-constrained office and retail submarkets, making physical expansion and new commercial ground-up …

September 18, 2026

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