GREEN BAY, WIS. — Outdoor recreation retailer Cabela's Inc. will open a new store in Green Bay in the summer of 2013, marking its third location in the state. Construction is scheduled to begin this fall on a 100,000-square-foot store in the Titletown Development area. The store will be designed to surround customers in an “outdoor-like experience” with wildlife displays. In addition to hunting, fishing and outdoor gear products, the store will also include a large mountain replica featuring North American game animals recreated in their natural habitat. There will also be a gun library, aquarium, boat shop and deli. In 2013, Cabela's also plans to open stores in Grandville, Mich.; Columbus, Ohio; Louisville, Ky.; Thornton, Colo.; and Lone Tree, Colo.
Retail
NEW HAVEN, CONN. — White Plains, N.Y.-based Longford Associates has acquired 466-480 Foxon Blvd., a grocery-anchored shopping center in New Haven, for $7.4 million. The 49,146-square-foot property is located on Route 80, just northeast of downtown New Haven. The center is 90 percent occupied and tenants include Aldi Supermarkets, T-Mobile and AutoZone. Edward Jordan of Northeast Private Client Group represented the seller, New Haven-based Krypac Development, in the transaction. He also represented the buyer.
FORT WORTH — Marcus & Millichap has arranged the sale of the 7,000-square-foot, net-leased Cash America Pawn, located near the intersection of McCart Avenue and Altamesa Boulevard in south Fort Worth. Vincent Knipp of Marcus & Millichap's Fort Worth office represented the seller, a Colorado-based limited liability company, in the transaction and procured the buyer, a local partnership.
RICHARDSON — Austin-based The Alamo Drafthouse Cinema has signed a 15-year lease to occupy 30,000 square feet of space at Richardson Heights Shopping Center, located on Interstate 75 and Beltline Road in Richardson. Jerry Averyt of Henry S. Miller Brokerage represented the tenant in the transaction. Frank Bullock and Tyler Isbell of SRS Real Estate Partners represented the owner, Hartman Short Term Properties XX Inc.
ARLINGTON — John T. Evans Co. has brokered the sale of the former Buck 'N' Loon's, an 11,000-square-foot, free-standing restaurant property, located at 3517 S. Cooper St. in Arlington. Mike Sandel and Craig Johnson of John T. Evans Co. represented the buyer, T&T Realty Corp., and the seller, Zions Bank, in the transaction.
DALLAS — Nodding Donkey, Torchy's Tacos and World of Beer have signed leases at BLVD, a new mixed-use development at SMU Boulevard and Greenville Avenue in Dallas. BLVD, which features 417 residential units and 9,100 square feet of retail space, is now fully leased. A joint venture between Prescott Realty Group, AREA Property Partners and Northwestern Mutual owns the project. United Commercial Realty represented Nodding Donkey in its lease transaction, Jamie Streeter of Princeton Partners represented Torchy's Tacos and Steve Ewing and Tyler Grisham of Edge Realty Partners represented World of Beer.
DALLAS — Seasons 52 is opening its first Dallas location at NorthPark Center, an upscale mall located at 8687 N. Central Expy. The 8,999-square-foot restaurant will be located between Neiman Marcus and Dillard's. Kelly Hampton and Larry Leon of Venture Commercial represented the tenant in the lease transaction. NorthPark Center was self-represented by Derek Wood. The new restaurant is slated to open in the fall.
BRUNSWICK, GA. — The 111,924-square-foot Village at Glynn Place, located in Brunswick, has sold for $11.35 million. Publix anchors the property, which is 96.7 percent leased. Additional tenants include Lendmark Financial Services, Cato Fashions, Papa John's, Sally Beauty Supply and Goodwill. Phillips Edison — ARC Shopping Center REIT acquired the property through its joint venture, PECO-ARC Institutional Joint Venture I LP.
CANTON, GA. — A 15,000-square-foot Walgreens, located at the intersection of Hickory Flat Highway and East Cherokee Road in Canton, has sold for $4.67 million. Mark Cooley and Neal Pringle of The Shopping Center Group's Atlanta office represented the seller, an Atlanta-based developer, in the transaction. The buyer was a California-based investor. The freestanding building is leased to Walgreens through July 31, 2030.
GROVE CITY, OHIO — Marcus & Millichap has arranged the $2.2 million sale of a 4,500-square-foot Chase Bank in Grove City. Joe Reehil, Dan Yozwiak and Antoine Matthews of Marcus & Millichap's Columbus office represented the seller, a private investor. Russell Wachtler, Glen Kunofsky and John Stewart of Marcus & Millichap's Manhattan office secured the buyer, an individual, personal trust.