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DevelopmentIllinoisMidwestRetail

Summit Design + Build Completes Two Burdeen’s Jewelry Locations in Chicago’s Gold Coast

by Kristin Harlow

CHICAGO — Summit Design + Build has completed an adaptive reuse project for Burdeen’s Jewelry at 120 E. Oak St. in Chicago’s Gold Coast as well as interior renovations to the existing Burdeen’s Jewelry store at 11 E. Walton St. at the base of the Waldorf Astoria. The 120 E. Oak St. project consisted of the interior build-out for Burdeen’s as well as two luxury flagship stores situated on either side. The two-story luxury jewelry store totals more than 10,000 square feet and shares an outer structure with Panerai and IWC. Project highlights include a watchmaking studio, transparent glass floor and large skylight. The location marks Burdeen’s fourth in the Chicago area. Hirsch MPG served as the architect. The renovated space at 11 E. Walton St. features individual luxury brand spaces for Jaeger-LeCoultre, Roger Dubuis and Piaget. Dunne Kozlowski was the architect.

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Leasing ActivityMichiganMidwestRetail

LK Esthetics Leases 1,400 SF at Beck Village Plaza in Novi, Michigan

by Kristin Harlow

NOVI, MICH. — LK Esthetics has leased 1,400 square feet of retail space at Beck Village Plaza in Novi. The property is located at the southeast quadrant of Beck Road and Pontiac Trail. Jack Melton and Michael Murphy of Gerdom Realty & Investment represented the undisclosed landlord, while Haley Kelly of Keller Williams Showcase represented the tenant.

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AcquisitionsGeorgiaRetailSoutheast

Big V Property Group Acquires 303,297 SF Johns Creek Town Center Retail Asset in Metro Atlanta

by Hayden Spiess

JOHNS CREEK, GA. — Big V Property Group has acquired Johns Creek Town Center, a 303,297-square-foot retail center located at 3630 Peachtree Parkway in Johns Creek, roughly 30 miles northeast of Atlanta. Sprouts Farmers Market anchors the property, which was built in 2001 and almost fully leased at the time of sale. Other tenants at the center include HomeGoods, Michaels, Market by Macy’s, Kohl’s, PetSmart and Ulta Beauty. Jim Hamilton, Brad Buchanan and Andrew Kahn of JLL represented the undisclosed seller in the transaction. 

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Company NewsDevelopmentLouisianaProperty TypeRetailSoutheast

Batteries Plus Signs Six-Unit Franchise Deal in Louisiana

by Hayden Spiess

ALEXANDRIA, LA. — Wisconsin-based retail chain Batteries Plus has signed a six-unit franchise agreement in Louisiana. The first of the stores is scheduled to open in Alexandria this year, with additional locations planned throughout the state. Franchisees Duane Carmouche, Mitch Matthews and Mohamad Zeidan will own and operate the units. Batteries Plus’ current portfolio features more than 800 stores in the U.S., including 10 in Louisiana. Private equity firm Freeman Spogli owns the brand, which offers battery and repair services for a variety of electronics and vehicle uses. 

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AcquisitionsRetailSouth CarolinaSoutheast

Marcus & Millichap Brokers $18.8M Sale of The Shoppes at Montague Corners in North Charleston, South Carolina

by Hayden Spiess

NORTH CHARLESTON, S.C. — Marcus & Millichap has brokered the $18.8 million sale of The Shoppes at Montague Corners, a retail center located at 5060 Dorchester Road in North Charleston. Planet Fitness anchors the property, which totals 106,518 square feet. The 23-tenant center was 94.6 percent occupied at the time of sale. Other tenants at the property include Dollar General, Harbor Freight Tools and Save-A-Lot. The center has undergone renovations and tenant improvements totaling $4 million within the past two years. Allyssa Paragano and Ani Paulson of Marcus & Millichap represented the seller and procured the buyer in the transaction. 

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Company NewsDevelopmentGeorgiaRestaurantRetailSoutheast

Jack in the Box Plans 15-Restaurant Expansion into Georgia

by Hayden Spiess

SAN DIEGO — San Diego-based Jack in the Box has announced plans to open 15 restaurants in Georgia, marking the first entry into the state for the fast-casual brand. According to a press release from the company, the new sites have not yet been selected, but plans include a focus on the Macon, Augusta and Savannah markets. A franchisee will own and operate the restaurants. Jack in the Box also recently announced a commitment to 30 new locations in Florida. 

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DevelopmentGeorgiaRestaurantSoutheastStudent Housing

Landmark Properties to Open City Food Hall Near the University of Georgia

by Hayden Spiess

ATHENS, GA. — Landmark Properties has neared completion of City Food Hall within 19,681 square feet of retail space at The Mark Athens, a student housing development by Landmark Properties near the University of Georgia campus. The food hall will feature 10 chef-driven food concepts, a full-service bar, two state-of-the-art golf simulators and a variety of interactive games. The location is expected to open in fall 2025. Whitney Spangler and David Martos of Colliers International represented Landmark Properties, and Jason Hurst of Colliers International — who has since joined the team at CBRE — represented City Food Hall in the leasing transaction. The Mark Athens was developed in phases in 2017 and 2022. The community offers 1,364 beds of student housing; over 50,000 square feet of retail space; and 46,427 square feet of office space, which is 92 percent occupied by Landmark Properties’ corporate headquarters.

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Leasing ActivityRetailTexas

Netflix to Open Entertainment Venue at Galleria Shopping Center in Dallas

by Taylor Williams

DALLAS — Netflix will open an entertainment venue within an anchor space at Galleria Dallas, a 1.9. million-square-foot shopping center in Dallas. Dubbed Netflix House, the establishment will feature immersive experiences, retail offerings and food-and-beverage concepts. Construction is currently underway on two floors of the property to house the venue, which is scheduled to open in fall 2025. According to Netflix, the venue will occupy a former department store space and span more than 100,000 square feet. MetLife Investment Management owns Galleria Dallas, and Trademark Property Co. manages the property.

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Leasing ActivityRestaurantRetailTexas

Five Retailers, Restaurants Debut Venues at Post Oak Plaza in Houston

by Taylor Williams

HOUSTON — Five retailers and restaurants have debuted their new venues at Post Oak Plaza in Houston. Luxury mattress retailer Saatva and appliance provider Bosch/Thermador/Gaggenau have respectively opened a 4,000-square-foot store and 14,777-square-foot showroom at the 503,000-square-foot center. In addition, restaurants Local Foods (3,016 square feet), Tacodeli (2,883 square feet) and Rakkan Ramen (1,856 square feet) are now open. Locally based developer Levcor owns Post Oak Plaza. These tenants were announced in April and November 2023.

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Leasing ActivityMidwestMinnesotaRetail

Woodhouse Spa to Open at Rosedale Center in Suburban Twin Cities in July

by Kristin Harlow

ROSEVILLE, MINN. — Woodhouse Spa is scheduled to open at Rosedale Center in the Twin Cities suburb of Roseville in July. The luxury brand will open Minnesota’s only upscale spa, according to a news release. Rosedale Center, a 1.1 million-square-foot shopping center, recently welcomed tenants Lululemon, Anthropologie, Warby Parker, Hollister and Shake Shack. Dick’s Sporting Goods is slated to open in October. Holly Rome and Lane Walsh of JLL represented ownership in the lease with Woodhouse Spa, which operates more than 80 spas across the country. The Rosedale location is owned and operated by local resident Amy Adams.

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