Restaurant

Evergreen, Globeville Break Ground on $132M Affordable Housing Project in Denver

by Amy Works January 30, 2026

DENVER — Evergreen Real Estate Group and Globeville Redevelopment Partners, in partnership with the Denver Public Library and the city and county of Denver, have started construction on 4965 Washington Street, a five-story mixed-use community in Denver’s Globeville neighborhood. The city and county of Denver acquired the development sites in 2019 and 2023, creating a combined total of 2.7 acres. The $132 million development will transform a city-owned parcel on the site of a former car dealership into housing for families earning between 30 percent and 80 percent of the area median income. The property will feature 170 one-, two-, three- and four-bedroom apartments, with the lower level housing the first permanent Denver Public Library branch in the Globeville neighborhood, as well as a community café owned by Tierra Colectiva. Completion is slated for fall 2027. Apartments will feature open layouts with modern finishes, including vinyl plank flooring, LED lighting, kitchen with Energy Star appliances, baths with step-in showers and low-flow plumbing fixtures and in-unit laundry. Community amenities will include a fitness center, community room and reading room, along with 50,000 square feet of outdoor gathering areas. Additionally, the project will provide 111 parking spaces, including electric vehicle charging stations. …

January 30, 2026

Leasing Activity Michigan Midwest Restaurant Retail

NAI Farbman Negotiates 4,500 SF Restaurant Lease for Culver’s in Metro Detroit

by Kristin Harlow January 30, 2026

GROSSE POINTE, MICH. — NAI Farbman, the brokerage arm of Farbman Group, has negotiated a 4,500-square-foot restaurant lease for Culver’s at 18845 Mack Ave. in Grosse Pointe, about 12 miles northeast of Detroit. The lease marks the first Culver’s location in the market. Originally constructed as a bank in 1949, the property was transformed into a dining destination. The locally owned and operated restaurant, which opened Dec. 15, features menu items such as ButterBurgers and frozen custard offerings. Harrison Yaldoo represented Culver’s and the landlord in the lease. Culver’s was founded in Wisconsin in 1984.

January 30, 2026

Development Georgia Mixed-Use Restaurant Retail Southeast Top Stories

CP Group Unveils Plans for Mixed-Use Redevelopment of Piedmont Center Office Campus in Atlanta’s Buckhead District

by Abby Cox January 30, 2026

ATLANTA — CP Group, an office owner and developer based in Boca Raton, Fla., has unveiled plans to redevelop Piedmont Center, a 2.2 million-square-foot office campus located off Piedmont Road in Atlanta’s Buckhead district. The firm acquired the property in June for $200 million, after the former owner, Ardent Cos., defaulted on its loan tied to Piedmont Center from Morgan Stanley. CP Group is expected to begin its overhaul of the 14-building property this year. “We’re not just updating an office park; we’re building a destination,” says Chris Eachus, founding partner of CP Group. “Piedmont Center is a perfect example of the high-value assets we target. The combination of this prime location and our reimagined master plan has already sparked immediate interest and strong leasing results.” The project team includes Atlanta-based architecture and design firms Smallwood and ASD|SKY, as well as Bethesda, Md.-based real estate consulting firm Of Place. One of the primary transformations planned for the redevelopment is a new street-level strip on Piedmont Road that is expected to include at least six restaurant concepts and various retail offerings. In the meantime, Piedmont Center has already opened LiveWire Coffee in Building 6 and has curated food truck programming options throughout …

January 30, 2026

Acquisitions California Restaurant Retail Western

RealSource Group Arranges $3.2M Sale of McDonald’s-Occupied Retail Property in Southern California

by Amy Works January 29, 2026

WILDOMAR, CALIF. — RealSource Group has arranged the $3.2 million sale of a newly constructed, single-tenant restaurant property located within the Canyon Plaza retail development in Wildomar. McDonald’s occupies the 4,000-square-foot building, which includes a dual-lane prototype design, on a new 20-year absolute triple-net ground lease. Jonathan Schiffer and Austin Blodgett of RealSource represented the seller, a private Southern California-based developer. Dustin Lee of J&C Investment Group represented the buyer, a private international investor, in the transaction.

January 29, 2026

Development Loans Mixed-Use Multifamily Restaurant Retail Southeast Tennessee

AJ Capital Obtains $475M Construction Loan for Mixed-Use Redevelopment in Nashville

by John Nelson January 28, 2026

NASHVILLE, TENN. — AJ Capital Partners has obtained a $475 million construction loan for Belle Meade Village, a 15.5-acre retail and residential village underway in Nashville. Located on the border of Belle Meade, Tenn., the project is a redevelopment of an under-utilized shopping center. Raymond James Real Estate Investment Banking arranged the financing through Barings on behalf of AJ Capital. Belle Meade Village will feature 1 Iris Lane, The Residences at Belle Meade Village, which are a pair of two 46-unit condominium buildings. The condos have a starting price of $3 million and come in one- to four-bedroom layouts. Residents have access to 16,000 square feet of amenity space, including high-end fitness and wellness features and private wine and cigar rooms, among other attractions. The project also includes a five-acre private park and a central courtyard space with an antique carousel surrounded by a seven-building retail village that will feature local and global brands, a private members’ club and a boutique hotel. AJ Capital broke ground on Belle Meade Village last October, with plans to wrap up construction by 2028. The design-build team includes Meyer Davis (interior design for 1 Iris Lane), Brasfield & Gorrie (general contractor), Barge Civil Associates …

January 28, 2026

California Loans Mixed-Use Office Restaurant Retail Western

CBRE Arranges $57.6M Refinancing for First Street Napa Mixed-Use Property in California

by Amy Works January 28, 2026

NAPA, CALIF. — CBRE has arranged a $57.6 million loan for the refinancing of First Street Napa, a Class A mixed-use property in downtown Napa. Brad Zampa and Andy Gross of CBRE secured the loan through Knighthead Funding on behalf of the borrower, Zapolski Real Estate. Located at 1300 First St., the property features 163,000 square feet of retail, dining, tasting rooms and office space across six buildings. First Street Napa is currently 88 percent leased to a variety of tenants, including Lululemon, Compass, Free People and Silicon Valley Bank, with new retail additions to include Blue Bottle Coffee, Daily Recess and the Don Perico restaurant.

January 28, 2026

Development Oregon Restaurant Retail Western

LRE & Co to Develop 10,000 SF Commercial Project in Medford, Oregon

by Amy Works January 23, 2026

MEDFORD, ORE. — LRE & Co has announced plans to develop a 10,000-square-foot commercial project in Medford. Located along Crater Lake Highway (Highway 62) in the Tower Business Park, the project will offer 10,000 square feet of commercial space, including a 4,000-square-foot quick-service restaurant with a drive-thru and a 6,000-square-foot multi-tenant retail building with a drive-thru. The property will also include approximately 98 parking spaces. LRE & Co is currently working through the city’s entitlement process, including site plan review with the Medford site plan and architectural commission. Tenant announcements and construction timelines will be released as the project advances through the city’s approval process.

January 23, 2026

Acquisitions California Restaurant Retail Western

Hanley Brokers $4.8M Sale of Southern California Restaurant Leased to Starbucks

by Amy Works January 16, 2026

PERRIS, CALIF. — Hanley Investment Group Real Estate Advisors has brokered the $4.8 million sale of a newly constructed, single-tenant retail property located in the Inland Empire city of Perris. A Starbucks café and drive-thru occupies the 2,200-square-foot building on a 10-year triple-net corporate lease with 10 percent rental increases every five years. Bill Asher and Jeff Lefko of Hanley represented the seller and developer, Yellow Rose Ranch LLC, an affiliate of The Lynch Group. Betty Gulezyan of I.D.L. Home represented the buyer, a private investor based in Newport Beach, Calif. Hanley Investment Group has sold 18 single-tenant Starbucks properties totaling $55 million in the past 18 months.

January 16, 2026

Acquisitions Net Lease New Mexico Restaurant Retail Western

Mavin Capital Sells Buffalo Wild Wings-Occupied Property in Farmington, New Mexico for $2.8M

by Amy Works January 12, 2026

FARMINGTON, N.M. — Mavin Capital has completed the disposition of a single-tenant restaurant property located at 2700 E. Main St. in Farmington. FCPT Acquisitions LLC c/o Four Corners Property Trust purchased the property for $2.8 million. Buffalo Wild Wings occupies the 6,178-square-foot building, which includes a drive-thru, ample parking and prominent frontage on Main Street, on a triple-net lease basis. Cushman & Wakefield’s Chris Hollenbeck and Shane Carter, along with local broker of record Brett Preston of PIRES International (part of the Cushman & Wakefield Alliance), represented the seller in the transaction.

January 12, 2026

Acquisitions Mixed-Use North Carolina Office Restaurant Retail Southeast

Crescent Sells Mixed-Use Building in Charlotte to Invesco for $58M

by John Nelson January 7, 2026

CHARLOTTE, N.C. — Locally based developer Crescent Communities has sold Elizabeth on Seventh, a 105,000-square-foot mixed-use building in Charlotte. Atlanta-based Invesco purchased the four-story, LEED-certified property for $58 million, according to the Charlotte Business Journal. Completed in 2022, Elizabeth on Seventh is located at the intersection of East Seventh Street and North Caswell Road and offers boutique office space and 22,000 square feet of ground-level retail space. The property’s office tenants include Abry Partners, Abundant Power, Adams Beverages, Becker Morgan Group, Bowman and Brooke, Brown Brothers Harriman and Influencable. Retail and restaurant tenants include Barre3, Catalina Kitchen + Bar, Rosemont Market & Wine Bar and The Yard Milkshake Bar.

January 7, 2026

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