WALL TOWNSHIP, N.J. — Construction is complete on the 44,000-square-foot Sea Girt Square retail center at 2100 Route 35 in Wall Township. River Drive Construction rebuilt the structure, raised the ceilings heights and re-clad the store fronts. Gottesman Real Estate Partners is leasing the site to retail businesses and current tenants include Wings Fitness, Massage Envy and Village Coffee. The Dietz Partnership served as architect for the project.
MOORE, OKLA. — Construction is under way for a new 60,000-square-foot Dick's Sporting Goods, located in Fritts Farm Shopping Center in Moore. The store is one of the four Dick's opening in the Oklahoma City area. Direct Development is developing the new store, which is slated to open in the fall. Target and Home Depot anchor Fritts Farm, which features tenants such as Raising Cane's, Lenscrafters, Qdoba Mexican Grill, Jersey Mike's, Orange Leaf Frozen Yogurt, Great Clips and Sprint.
DESOTO — Fort Worth-based Speed Fab-Crete has begun renovating the 24,633-square-foot Chuck Fairbanks Chevrolet dealership, located at 629 N. I-35 E. in DeSoto. Callahan & Freeman are performing construction and design services for the project, which will feature and sales and service facility. Renovations include new exterior paintwork, a new customer lounge, renovated service and reception drive and offices, updates to existing showrooms and display areas, new floor finishes and mechanical and electrical upgrades. Completion is slated for this July. The project is Speed Fab-Crete's 12th car dealership it has renovated in north Texas.
MIAMI — Deerfield Beach, Fla.-based SIKON Construction Co. has broken ground on a $6.5 million, 37,000-square-foot Lorenzo Bomnin Chevrolet dealership, located at 8455 S. Dixie Hwy. in Miami. Howard Nudell designed the property, which is slated for completion in February 2013.
ALLEN — Bright Realty has secured a new lease and expansion of 1,411 square feet of retail space for Fred's Downtown Philly, located in the Shops of Bethany at Greenville Avenue and Bethany Drive in Allen. Kerry Assa and Britton Lankford of Bright Realty represented the landlord in the lease transaction. Fred's Downtown Philly was self-represented.
RIO RANCHO, N. MEX. — Southern & Unser Shops, a 9,135-square-foot retail center in Rio Rancho, has sold to PASSCO Companies for $2.85 million. The Class A center was built in 2011 and is fully occupied. Notable tenants include Five Guys Burgers and Fries, Papa Murphy’s, Supercuts, Nutrishop, Sushi King and Cold Stone Creamery. Passco was represented in-house by Alan Clifton, while the seller, Southern & Unser LLC, was represented by Jim Wible of NAI Maestas & Ward.
MIAMI — Aztec Group has arranged a $7.02 million permanent loan for the 63,480-square-foot Winn-Dixie, located at 3275 Coral Way in Miami. Jason Shapiro and Jim Fried of Aztec Group arranged the 10-year, non-recourse loan through a local bank. The store recently underwent a $6 million renovation, which included upgrading the property's exterior facade, expanding and improving the deli, seafood and produce departments and adding more freshly-made food options.
LAWRENCE, KAN. — Ross Dress for Less has signed a 22,000-square-foot lease at Pine Ridge Plaza in Lawrence. The owner, Retail Properties of America, was represented in-house by Maria Pope. Pine Ridge is a 236,492-square-foot shopping center and is located less than three miles from the University of Kansas.
UNIONDALE, N.Y. — Developers BF Development and Basser-Kaufman have broken ground on a Walgreens drugstore at 585 Uniondale Ave. in Uniondale. The 13,000-square-foot store will include a drive-through window and will be situated on a 1.3-acre site. The store represents a departure from Walgreens' prototype, which is approximately 14,820 square feet. The project required developers to assemble five contiguous parcels owed by five separate owners in order to obtain the necessary acreage for the store. The developers have a triple-net lease with Walgreens for the site and the project is expected to be complete this winter.
GREENVILLE — Bright Realty has brokered the sale of a 1-acre parcel, located on Joe Ramsey Boulevard in Greenville, for a 5,000-square-foot free-standing Anytime Fitness. Britton Lankford of Bright Realty represented the buyer, a franchisee, in the transaction. Ray Howell of Ray Howell & Associates represented the seller.