Retail

Mastro’s Steakhouse Opens 9,000 SF Fine Dining Restaurant at Easton Town Center in Columbus

by Kristin Harlow April 14, 2025

COLUMBUS, OHIO — Mastro’s Steakhouse, a high-end seafood and steak restaurant, has opened a 9,000-square-foot location at Easton Town Center in Columbus. The restaurant marks the first location in the Midwest for Mastro’s, which operates 22 locations across the country. The Columbus restaurant features two main dining rooms, one private dining room, two outdoor patio spaces, a grand double-faced bar, piano lounge and semi-private wine room. Easton Town Center is home to other upscale restaurants such as Del Mar, Mitchell’s Ocean Club and Cooper’s Hawk Winery & Restaurant.

April 14, 2025

Development Retail Texas

D-BAT to Open 15,000 SF Baseball, Softball Training Facility at Valley Ranch in Porter, Texas

by Taylor Williams April 14, 2025

PORTER, TEXAS — Baseball and softball training operator D-BAT will open a 15,000-square-foot facility at the Valley Ranch, Signorelli Co.’s master-planned development located northeast of Houston. The facility, which will be constructed on a 1.3-acre site that D-Bat purchased, will offer lessons, camps, workshops, event space, batting cage rentals, a fully stocked pro shop and monthly memberships. The facility will be D-Bat’s 10th in the Houston area and is scheduled to open this summer.

April 14, 2025

Acquisitions New York Northeast Retail

Time Equities Buys 62,049 SF Shopping Center in Rochester, New York

by Taylor Williams April 14, 2025

ROCHESTER, N.Y. — New York City-based investment firm Time Equities Inc. has purchased The Shoppes at Westgate, a 62,049-square-foot shopping center in Rochester. The sales price was $6.1 million. Built in 1958 and renovated in 1986, the center was 91 percent leased at the time of sale to tenants such as Ross Dress for Less, Bath & Body Works and Citizens Bank. Ami Ziff, Jonathan Kim, Grant Scott and Eli Smith represented Time Equities in the transaction on an internal basis. Ben Snyder and Zack Bates of Matthews Real Estate Investment Services represented the undisclosed seller.

April 14, 2025

Development Multifamily North Carolina Restaurant Retail Southeast

Portman, National Real Estate Advisors Complete Construction of 24-Story Apartment Tower in Charlotte

by John Nelson April 11, 2025

CHARLOTTE, N.C. — Portman and National Real Estate Advisors have completed construction of Linea, a 24-story apartment tower located in Charlotte’s South End neighborhood. Situated at 2161 Hawkins St. fronting the city’s Rail Trail, the high-rise features 370 luxury units and 18,000 square feet of ground-floor retail space. Ranging from 522 to 1,723 square feet in size, apartments at Linea include studio, one-, two- and three-bedroom floorplans, as well as 13 penthouses. Amenities at the property include 24/7 concierge services like in-home/package delivery, in-home grocery and dry-cleaning delivery and plant and cat care. The complex also includes a 23rd-floor community level featuring spaces such as the Overlook Lounge, Entertainment Hub, Billiard Parlor, The Sound Lounge and dining spaces, as well as a Skyline Athletic Club with a two-story rock-climbing wall, Echelon Mirrors, private fitness rooms and customizable wellness programs. Confirmed retail and restaurant tenants at Linea include Half Shell, True Food Kitchen, Peachy Salon and Night Swim Coffee, with Night Swim Coffee slated to open this spring. Additional retailers will be announced in the coming weeks. Foundry Commercial is handling Linea’s retail leasing assignment on behalf of ownership. Atlanta-based Portman and Washington, D.C.-based National Real Estate Advisors are the co-developers …

April 11, 2025

Acquisitions Retail Texas

STRIVE Arranges Sale of 220,482 SF Shopping Center in Greenville, Texas

by Taylor Williams April 11, 2025

GREENVILLE, TEXAS — Locally based brokerage firm STRIVE has arranged the sale of Greenville Promenade, a 220,482-square-foot shopping center located northeast of Dallas. According to LoopNet Inc., the property is home to tenants such as Belk, Ross Dress for Less, Staples, J.C. Penney, Petco, Marshalls, GNC, Bealls and Hibbett Sports. Hudson Lambert and Jennifer Pierson of STRIVE represented the California-based seller in the transaction. Harrison Beethe, also with STRIVE, represented the local buyer. Both parties requested anonymity. Greenville Promenade was 100 percent leased at the time of sale.

April 11, 2025

Leasing Activity Restaurant Retail Texas

Hampton Social Opens 17,224 SF Restaurant at Pegasus Plaza in Downtown Dallas

by Taylor Williams April 11, 2025

DALLAS — Hampton Social has opened a 17,224-square-foot restaurant at Pegasus Plaza in downtown Dallas. Designed by Dallas-based architecture firm Harrison, the space includes a ground-floor dining room and bar, second-level dining space, a rooftop bar and a private basement club. Parker Hospitality operates Hampton Social, which held a grand opening celebration on March 20.

April 11, 2025

Acquisitions Development Nevada Retail Western

Barclay Group Buys Kiley Ranch Marketplace in Nevada for $25.6M, Plans 400,000 SF Retail Power Center

by Amy Works April 11, 2025

SPARKS, NEV. — Barclay Group has purchased Kiley Ranch Marketplace, a 46.7-acre parcel at the southwest corner of Wingfield Hills Road and Pyramid Highway in Sparks for $25.6 million. The buyer plans to develop a 400,000-square-foot retail power center on the site. The development will be the first new retail power center in Sparks since 2005. Shawn Smith and Sean Retzloff of Kidder Mathews represented the buyer and seller, KM2 Development, in the transaction. Additionally, the team will handle leasing for the project.

April 11, 2025

Acquisitions Colorado Industrial Retail Western

Malman Real Estate Brokers Sale of 5,200 SF Flex Property in Leadville, Colorado

by Amy Works April 11, 2025

LEADVILLE, COLO. — Malman Real Estate has arranged the purchase of a 5,200-square-foot flex retail and industrial building located at 331 Highway 24 in Leadville. 331HIGHWAY24 LLC, a Wyoming limited liability company, acquired the asset from NAK Property 4 LLC, a Colorado limited liability company, for $1 million. Taylor Roy of Malman Real Estate represented the buyer, while Kory Pryor of 23 Realty Advisors represented the seller in the deal.

April 11, 2025

Development Leasing Activity Maryland Restaurant Retail Southeast

Greenberg Gibbons Opens 15,000 SF Retail Building at Reisterstown Shopping Center in Maryland

by John Nelson April 11, 2025

REISTERSTOWN, MD. — Greenberg Gibbons has opened a new retail building totaling 15,000 square feet at Reisterstown Shopping Center, a 167,212-square-foot shopping center located in the Baltimore suburb of Reisterstown. The retail building includes an 11,076-square-foot renovated Advance Auto Parts, which is now open. Two additional tenants at the building — Jersey Mike’s Subs and Quickway Japanese Hibachi — will open this fall. Existing tenants at Reisterstown Shopping Center include Lidl, Big Lots, Walgreens, Planet Fitness, Starbucks Coffee, Chick-fil-A, Bank of America, Wells Fargo and Dollar Tree. Since acquiring the property, Greenberg Gibbons has invested $30 million in upgrades and renovations.

April 11, 2025

Leasing Activity Midwest Ohio Retail

FNRP Adds Three New Tenants at Carriage Place Shopping Center in Columbus, Ohio

by Kristin Harlow April 11, 2025

COLUMBUS, OHIO — First National Realty Partners (FNRP) has added three new tenants — Fun City Trampoline Park, Pet Supplies Plus and Port of Peri Peri — at Carriage Place shopping center in Columbus. The additions bring the shopping center to 99 percent occupancy. Fun City is open and occupies 35,540 square feet in the space formerly home to Cinemark theater, which closed in 2023. Pet Supplies Plus, set to open in early 2026, will occupy 7,913 square feet. Port of Peri Peri, expected to open in late 2025, will introduce Portuguese African cuisine at its 2,400-square-foot space.

April 11, 2025

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