Wednesday, June 18, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Retail

DevelopmentGeorgiaLeasing ActivityRetailSoutheast

Walmart to Open 75,000 SF Neighborhood Market Store in Atlanta’s Vine City

by John Nelson

ATLANTA — Walmart will open a 75,000-square-foot Walmart Neighborhood Market store at 835 MLK Jr. Drive in the Vine City neighborhood of Atlanta. Previously, the brand operated a Supercenter store at the property, which closed in December 2022 due to fire damage. The new store will feature a full-service deli, money center, expanded bakery, online pickup and delivery service and a health service room. Scheduled to open on Wednesday, May 22, this marks Walmart’s first conversion of a Supercenter store into a Neighborhood Market store.

Continue Reading
FacebookTwitterLinkedinEmail
GeorgiaLeasing ActivityRestaurantRetailSoutheast

Six New Tenants to Open at The Avenue Peachtree City in Metro Atlanta

by John Nelson

PEACHTREE CITY, GA. — Six new tenants have signed leases at The Avenue Peachtree City, an open-air shopping center located in Peachtree City, approximately 40 miles outside Atlanta. Beignets and Brew is now open at the property, with HOBNOB Neighborhood Tavern scheduled to open a 5,781-square-foot restaurant later this month. Kendra Scott, Motivate Studios and 9292 Korean BBQ have also signed leases at the center and will occupy 2,000; 2,000; and 8,015 square feet, respectively, beginning this summer. Additionally, Arhaus will open a 7,085-square-foot store at The Avenue Peachtree City later this year. JLL manages the property on behalf of the owner, Memphis-based Poag Development Group.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNew JerseyNortheastRetail

Marcus & Millichap Brokers $7.2M Sale of Retail Center in Sayreville, New Jersey

by Taylor Williams

SAYREVILLE, N.J. — Marcus & Millichap has brokered the $7.2 million sale of a 25,898-square-foot retail center in Sayreville, about 40 miles south of Manhattan. The center was 97 percent leased at the time of sale to 14 tenants, with convenience store QuickChek serving as the anchor. Ala Cafiero and Brent Hyldahl of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityNew YorkNortheastRetail

Brooklyn Fare Kitchen & Market Opens 25,500 SF Store in Manhattan

by Taylor Williams

NEW YORK CITY — Brooklyn Fare Kitchen & Market has opened a 25,500-square-foot store within the One Manhattan Square residential tower on the Lower East Side. The deal marks the largest New York City store to date for the grocer, which offers prepared foods, sushi, a deli, produce, frozen foods and organic products. The store also features a coffee bar. Other locations in the city include Brooklyn, The West Village and Lincoln Square.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestRetail

Lamar Cos. Acquires 440,370 SF Geneva Commons Shopping Center in Suburban Chicago

by Kristin Harlow

GENEVA, ILL. — Lamar Cos., in conjunction with Real Capital Solutions, has acquired Geneva Commons, a 440,370-square-foot open-air shopping center in the western Chicago suburb of Geneva. The purchase price and seller were undisclosed. Dick’s Sporting Goods and Barnes & Noble are the anchor tenants, while The Fresh Market, Binny’s, DSW and HomeGoods are shadow anchors. Additional tenants include Sephora, Athleta, Lovesac, Williams Sonoma, Pottery Barn, Bath & Body Works, J. Crew Factory and First Watch. Lamar plans to make some capital improvements to the property.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestRetail

Matthews Real Estate Brokers $7.8M Sale of Cannabis Dispensary in Schaumburg, Illinois

by Kristin Harlow

SCHAUMBURG, ILL. — Matthews Real Estate Investment Services has brokered the $7.8 million sale of a cannabis dispensary occupied by Enlightened Dispensary in the Chicago suburb of Schaumburg. Located at 820 E. Golf Road, the property features a gross leasable area of 9,296 square feet. Enlightened Dispensary, a corporate-backed, multi-state cannabis operator, has 12 years remaining on its lease with two additional five-year options. Alexander Machado, Daniel Gonzalez, Robert Goldberg and Ben Snyder of Matthews brokered the sale. Buyer and seller information was not provided.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMixed-UseMultifamilyRetailTexasTop Stories

Meristem Communities Breaks Ground on 235-Acre Indigo Mixed-Use Project in Richmond, Texas

by Jeff Shaw

RICHMOND, TEXAS — Meristem Communities has broken ground on The Filling Station, the first building at the Indigo Commons mixed-use development in Richmond, approximately 35 miles southwest of Houston. The 3,000-square-foot Filling Station property will serve as a welcome center and general store, selling fresh produce from Indigo Farm. Indigo Commons is the 12-acre, mixed-use portion of the larger project, Indigo. Upon completion, the 235-acre property will feature approximately 800 residential units, 42 acres devoted to agriculture, and a 12-acre, mixed-use town center. Borrowing inspiration from classic gas stations of the 1930s, Meristem plans for The Filling Station to be a vibrant social hub in Indigo Commons. DAHLIN Architecture | Planning | Interiors designed the building, which is scheduled for completion before the end of the year. “The start of construction at The Filling Station signifies a major milestone in Indigo’s narrative,” says Clayton Garrett, partner at Meristem Communities. “The neighborhood we originally envisioned is taking shape and the small businesses we’re looking to come to Indigo Commons will play a pivotal role in the development of Indigo’s identity, creating new energy and engagement. There is much more to come too, as Indigo is expected to be a home for …

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityRestaurantRetailTexas

Terra Lounge Opens 2,400 SF Bar, Restaurant at The Terraces in Westlake, Texas

by Taylor Williams

WESTLAKE, TEXAS — Terra Lounge has opened a 2,400-square-foot bar and restaurant at The Terraces, an eight-building, 1.1 million-square-foot office complex located north of Fort Worth in Westlake. Terra Lounge, which can accommodate about 100 people, offers beer, wine and cocktails, as well as appetizers, salads and gourmet pizzas. Chicago-based Glenstar purchased the property, which is home to office users like Goosehead Insurance and ECI Software Solutions, in 2019.

Continue Reading
FacebookTwitterLinkedinEmail
Bayberry-Town-Center
DelawareDevelopmentNortheastRetail

Blenheim Group Breaks Ground on 280,000 SF Mixed-Use Project in Middletown, Delaware

by Taylor Williams

MIDDLETOWN, DEL. — Blenheim Group has broken ground on Bayberry Town Center, a 280,000-square-foot mixed-use project in Middletown. A 64,000-square-foot Weis Markets with a fuel facility will anchor the property. Other tenants at the development will include a bank, pet store, spa and nail salon. Construction on Weis Markets is scheduled to begin this fall, with the opening of Weis and several other tenants planned for 2025. Upon completion, the project will also feature office space, two green spaces, 145 townhomes and internal street and trail connectivity. Jim Tancredi of LMT Commercial is leasing the retail space.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsNew YorkNortheastRetail

Brixmor Property Group Acquires 41,920 SF Shopping Center on Long Island

by Taylor Williams

EAST SETAUKET, N.Y. — New York City-based Brixmor Property Group has acquired West Center, a 41,920-square-foot shopping center located in East Setauket on Long Island. The site along State Route 25A is adjacent to Brixmor’s Three Village Shopping Center and boasts a daily traffic count in excess of 18,000 vehicles. Grocer Wild by Nature anchors the property. Other tenants include Walgreens, Pure Barre, Starbucks and AT&T. The seller and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts