Tuesday, June 17, 2025
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Vanguard-Truck-Centers-Tolleson-AZ
ArizonaDevelopmentRetailWestern

Haydon Starts Construction of 60,000 SF Vanguard Truck Centers Dealership in Tolleson, Arizona

by Amy Works

TOLLESON, ARIZ. — Phoenix-based Haydon has broken ground on a Vanguard Truck Centers dealership in Tolleson, just west of Phoenix. The project team includes Impact Development Management as the real estate development management firm and Fitzgerald Associates as architect. Situated on 12 acres, the 60,000-square-foot facility will feature 26 service bays in an air-conditioned shop, a 24,000-square-foot parts warehouse, and a state-of-the-art showroom and office area with electric charging capabilities. The facility will also feature Volvo and Mack new truck sales, premium used truck sales, finance and insurance, Vanguard Truck Leasing and comprehensive parts and service offerings.

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3750-W-Lane-Stockton-CA
AcquisitionsCaliforniaRetailWestern

Marcus & Millichap Arranges Sale of 14,000 SF Retail Property in Stockton, California

by Amy Works

STOCKTON, CALIF. — Marcus & Millichap has brokered the $1.1 million sale of a retail building in Stockton, located in California’s Central Valley. Located at 3750 West Lane, the property features 14,000 square feet of retail space. Dominic Mazzoni and Edward Nelson of Marcus & Millichap represented the Idaho-based individual/personal trust seller, while Chris Sill of Lee & Associates procured the buyer, a private investor, in the deal.

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DevelopmentLeasing ActivityMidwestOhioRetail

Lucky’s Market Opens 21,000 SF Grocery Store at Thurber Village Redevelopment Project in Columbus

by Kristin Harlow

COLUMBUS, OHIO — Lucky’s Market has opened a new 21,000-square-foot grocery store at Thurber Village in Columbus. The store opening marks the completion of the commercial component of the Thurber Village redevelopment project, which began construction in October 2022. The initial stages of the project involved the demolition of existing buildings and the construction of a new CVS store. The new Lucky’s Market will feature an extensive range of fresh produce, specialty foods and wellness products as well as a variety of grab-and-go options. CASTO is the project developer.

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Leasing ActivityMichiganMidwestRetail

Orangetheory Fitness Signs 2,800 SF Retail Lease at Brookdale Square in South Lyon, Michigan

by Kristin Harlow

SOUTH LYON, MICH. — Orangetheory Fitness has signed a 2,800-square-foot retail lease at Brookdale Square in South Lyon, about 40 miles northwest of Detroit. The shopping center is located near the intersection of 9 Mile Road and Pontiac Trail. Michael Murphy and Tjader Gerdom of Gerdom Realty & Investment represented the landlord, Beztak Properties. There are still a few vacancies left at the center.

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Leasing ActivityMassachusettsNortheastRetail

Simon Welcomes Five New Tenants to Outlet Mall in Wrentham, Massachusetts

by Taylor Williams

WRENTHAM, MASS. — Simon Property Group has welcomed five new tenants to Wrentham Village Premium Outlets on the southwestern outskirts of Boston. Pottery Barn opened earlier this month at the property, which is also home to sister brand West Elm Outlet. Apparel retailers OFFLINE by Aerie, Hollister Co. and Gilly Hicks have also signed leases at the development. OFFLINE by Aerie will open this summer, and Hollister Co. and Gilly Hicks are scheduled to open this fall. Additionally, Shake Shack will debut a new restaurant before the end of the year.

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DevelopmentMidwestMissouriRetail

Brinkmann Constructors Completes 35,000 SF Audi Dealership in Kirkwood, Missouri

by Kristin Harlow

KIRKWOOD, MO. — Brinkmann Constructors has completed a 35,000-square-foot Audi dealership for Semersky Enterprises, a Chicago-based automobile retailer. The two-story property is located in Kirkwood, a western suburb of St. Louis. The project features a lower-level service drive, 18-bay service shop and second-story showroom. Brinkmann’s scope of work included the civil, landscaping and mechanical, engineering and plumbing design-build services in addition to the furniture, fixtures, signage and automotive equipment. Charles Vincent George Architects served as the project architect.

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AcquisitionsIllinoisMidwestMultifamilyRetail

SVN Chicago Commercial Brokers $2.3M Sale of Commercial Building in Windy City

by Kristin Harlow

CHICAGO — SVN Chicago Commercial has brokered the $2.3 million sale of a 6,800-square-foot commercial building located at 5212 N. Clark St. in Chicago’s Andersonville neighborhood. Tim Rasmussen of SVN procured a local buyer who plans to convert the ground-floor commercial space into medical use. SVN also represented the undisclosed seller.

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Pacific-Place-Seattle-WA
AcquisitionsRetailWashingtonWestern

BH Properties Acquires 335,000 SF Pacific Place Mall in Seattle

by Amy Works

SEATTLE — Los Angeles-based BH Properties has purchased Pacific Place, a 2.1-acre upscale entertainment and shopping center in downtown Seattle, for an undisclosed price. Situated between Seattle Convention Center and Pike Place Market, the 335,000-square-foot Pacific Place offers five floors of retail space, including an 11-screen AMC Theatre and various restaurants. Developed in 1998, the regional indoor shopping mall underwent a renovation in 2019. Current tenants include Tiffany & Co., AMC Theaters, Din Tai Fung and Haidilao at the 45 percent-occupied asset. The property also offers a 1,164-stall, below-grade parking garage.

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Villa-Luisa-Seattle-WA
AcquisitionsMixed-UseMultifamilyRetailWashingtonWestern

Cushman & Wakefield Negotiates $4.5M Sale of Villa Luisa Mixed-Use Property in Seattle

by Amy Works

SEATTLE — Cushman & Wakefield has arranged the sale of Villa Luisa, a vintage mixed-use apartment and retail community in Seattle’s Ballard neighborhood. The asset traded for $4.5 million. The names of the seller and buyer were not released. Situated on the corner of NW 60th St. and 15th Ave. NW, Villa Luisa features 16 apartments and four ground-floor retail spaces. Originally built in 1927, the two-story building offers a mix of studios, one- and two-bedroom apartments and on-site parking. Current retail tenants are Nolita Italian bistro, The Wax Bar, a mini-mart and an art studio. Tim McKay, Dan Chhan, Matt Kemper, Jacob Odegard, Dylan Roeter and Byron Rosen of Cushman & Wakefield represented the seller in the deal.

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DevelopmentIndustrialMixed-UseMultifamilyRetailTexasTop Stories

SE Legacy Development Breaks Ground on $7.4B Master-Planned Project in South Texas

by John Nelson

LAREDO, TEXAS — SE Legacy Development LLC, a development firm founded by the Walker Family, has broken ground on a $7.4 billion master-planned project in South Texas. The development, named Talise, will be situated on 13,000 acres north of Laredo in an unincorporated portion of Webb County. Situated at the intersection of I-35, U.S. Highway 83 and Texas Highway 255, Talise will feature thousands of single-family and multifamily residences, an industrial and manufacturing park, town center retail space, regional airport and a newly discovered water source. The name Talise is a term with Native American-Iroquoian roots meaning “lovely water.” The Walker Family, a multi-generational entity that has owned ranch land spanning more than 250,000 acres over the course of its history, owns the land for Talise and is investing $1.6 billion in the development. The Walker Family discovered the water source on the land and is proposing a way to use the resource as an alternative solution to current water shortages in Laredo and Webb County. The newly established Legacy Water Supply Corp. is proposing a method to treat 50 million gallons of water within the Talise land holdings daily. SE Legacy Development is drilling 40 water wells to access …

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