LENEXA, KAN. — Developer Copaken Brooks has broken ground on The Village at AdventHealth retail and office building at Lenexa City Center in Kansas. Located at the northeast corner of 87th Street Parkway and Scarborough Street, the 24,000-square-foot building will bring two new restaurants, Urban Egg and Stoney River Steakhouse and Grill. Additionally, Five Four is constructing a 10,000-square-foot standalone restaurant with an outdoor games area. The project will also feature 10,700 square feet of Class A office space on the second floor. Molly Crawford Munninghoff and John Coe of Copaken Brooks are handling leasing for the office space.
NEW YORK CITY — SuperFresh will open a 22,500-square-foot grocery store in Queens. The lease term is 25 years. The store at 166-20 90th Ave. is located in the Jamaica neighborhood within Ruby Square, a 614-unit, newly developed apartment building by BRP Cos. Hymie Dweck of RIPCO Real Estate represented SuperFresh in the lease negotiations. BRP Cos. was self-represented. The opening is set for next spring.
STOCKBRIDGE, GA. — A joint venture between ShopOne Centers REIT Inc., Pantheon and an undisclosed global institutional investor has purchased Stockbridge Lakes, a 78,605-square-foot shopping center located at 250 E. Atlanta Road in Stockbridge, roughly 20 miles southeast of Atlanta. The seller and sales price were not disclosed, but the Atlanta Business Chronicle reports Marietta, Ga.-based Retail Planning Corp. was the seller. Publix anchors the shopping center, which also houses Burn Boot Camp, Great Clips, Dr. Brown Pediatric Dentistry and Domino’s Pizza. Stockbridge Lakes has approximately 9,000 square feet of available space.
CHANDLER, ARIZ. — JLL Capital Markets has arranged $73.2 million in permanent financing for the Chandler Shopping Center Portfolio, a two-property retail portfolio in Chandler. JLL represented the borrower, a joint venture managed by a real estate investment trust, in securing the five-year, fixed-rate loans through a national bank. The financing was structured as one loan secured by two mortgages: $51 million for Chandler Festival and $22.2 million for Chandler Gateway. The portfolio encompasses 616,639 square feet of retail space along Chandler Boulevard. TJ Maxx, Ross Dress for Less, Nordstrom Rack and PetSmart are tenants at the 354,548-square-foot Chandler Festival. The 262,091-square-foot Chandler Gateway is anchored by Walmart and Hobby Lobby. Kevin MacKenzie, Jon Mikula, Jason Carlos, Quin Madden and Tyler Naughten of JLL represented the borrower in the financing.
ELK GROVE, CALIF. — Hanley Investment Group Real Estate Advisors has directed the purchase of The Shops at Laguna Reserve, a fully leased, 33,308-square-foot retail center in Elk Grove. Los Angeles-based Bershon Realty Co. acquired the property from a Roseville, Calif.-based private investor for $19.2 million. Located at 10040-10064 Bruceville Road, The Shops at Laguna Reserve spans four parcels totaling 4.1 acres at the hard-corner, signalized intersection of Whitelock Parkway and Bruceville Road. The property’s six pad buildings were constructed in 2005, with the addition of Safeway in 2024. Current tenants include Starbucks Coffee, Pacific Dental, Bank of America, Round Table Pizza, a nail salon, dry cleaners, pet hospital, pet groomer and specialty food shops. Bill Asher and Jeremy McChesney of Hanley Investment Group represented the buyer, while Adam Rainey, Pat Ronan and Aman Bains of Gallelli Real Estate represented the seller in the deal. The sale included the fee-simple interest in the six buildings and underlying land. Safeway was not part of the transaction.
SOUTH ELGIN, ILL. — Krusinski Construction Co. (KCC) has delivered a 14,446-square-foot daycare center for BrightPath Early Learning and Child Care in South Elgin. The project involved the transformation of the first floor of the Medical and Legal Arts Building and marked KCC’s first for BrightPath, part of Busy Bees North America, which operates more than 240 centers across the U.S. and Canada.
TEMPE, ARIZ. — A joint venture between Core Spaces and Wexford Developments has broken ground on Hub on Campus Tempe, a 30-story student housing tower located near the Arizona State University campus in downtown Tempe. The development, which will feature 1,957 student housing beds, a rooftop amenity deck and ground-level retail space, is scheduled for completion in summer 2028. Kennedy Wilson provided construction financing for the project, and TSB Capital Advisors consulted on the transaction. The development team includes general contractor Findorff and RSP Architects. Core Spaces will manage Hub on Campus Tempe upon completion and the firm’s in-house design team will design the interiors. The project site was formerly home to the historic Harry Walker House, also known as the House of Tricks restaurant, which was recently relocated next to Tempe City Hall on Fifth Street for future preservation and restoration. The development team is working to preserve the nearby First Congregational Church, which will be transferred to city ownership to ensure its continued protection. “This development will provide much-needed housing while also keeping the city’s historic landmarks part of the evolving landscaping,” says Doug Tichenor, senior director of entitlements at Core Spaces. “We see this project as a …
ANNA, TEXAS — Charlotte-based Big V Property Group is underway on construction of a 175,300-square-foot retail project in Anna, located north of Dallas in Collin County, that will be known as Rosamond Crossing Southeast. Kroger will anchor the center, which is 70 percent preleased to tenants including Bank of America, Chase Bank, Jimmy John’s and McDonald’s. Permitting and preliminary sitework are underway, and vertical construction is expected to begin in April 2026, with a tentative opening targeted for April 2027. Financing sources for Rosamond Crossing Southeast include Equity Street Capital and Valley Bank. The Seitz Group, a division of leasing and management company The Retail Connection, is also a partner on the project.
DANVERS, MASS. — The Picklr, an entertainment concept centered on pickleball, has opened a 36,192-square-foot venue in Danvers, a northern suburb of Boston. The space is located within a former Bed Bath & Beyond store at Endicott Square, a 56,275-square-foot shopping center that is also home to tenants such as Quest Diagnostics, Salem Five and Advance Auto Parts. Don Mace of local brokerage firm KeyPoint Partners represented the undisclosed landlord in the lease negotiations.
MISSION, KAN. — Rally House has relocated to Mission West Shopping Center at 6753 Johnson Drive in the Kansas City suburb of Mission. The estimated opening date is spring 2026. Rally House was previously located at 6858 Johnson Drive. The new 9,473-square-foot store will neighbor Planet Fitness, Dollar Tree and American Honey Salon. The new space represents an expansion of 2,473 square feet. Grant Summers, Paul Massali, Max Kosoglad and David Block of Block & Co. Inc. Realtors represented the landlord. Block & Co. serves as the leasing and property management company for the shopping center.