Retail

RUSSELLVILLE, ALA. — Anchor Investments LLC has signed Workout Anytime to a retail lease at Franklin Center, a grocery-anchored shopping center in Russellville. The new 24/7 fitness concept will open in March next to the grocery anchor, Price Less Foods. There are multiple remaining availabilities remaining at Franklin Center, according to Anchor Investments, a Nashville-based real estate investment firm.

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SAGINAW, TEXAS — Marcus & Millichap has negotiated the sale of Victory Shops at Basswood VI, an 8,246-square-foot retail strip center in Saginaw, located north of Fort Worth. The center was built in 2021 and was fully leased at the time of sale to four tenants: Mooyah Burger, Thrive Pet Healthcare, Bazooka Charlie’s Barber Co. and Swig. Chris Gainey and Philip Levy of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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Habitat-Los-Angeles-CA

LOS ANGELES — A joint venture between Lendlease and Aware Super has topped out the six-story office building and 12-story multifamily building at Habitat, the joint venture’s mixed-use development in Los Angeles. Located at 3401 S. La Cienega Blvd., Habitat will feature a 253,000-square-foot office building, a 260-unit multifamily building and 2,900 square feet of retail and restaurant space, along with an integrated acre of open space. The project is slated for completion in early 2026. Designed by SHoP Architects, with commercial interiors by A+I and Steinberg Hart as executive architect, Habitat’s 50,000-square-foot floor plates feature 14-foot floor-to-floor heights and terraces. Office amenities include a lobby with niches for gathering, fitness center, hospitality-inspired locker rooms with showers and end-of-trip facilities for cyclist commuters. The residential building will offer 260 studio, one- and two-bedroom layouts with access to outdoor space along with hospitality- and wellness-inspired amenities. Expected to be net zero carbon in construction and operations, Habitat will include an integrated 125kW solar array, 64 dedicated electric vehicle parking spots, 222 secured bike parking spots, natural ventilation and lower-carbon concrete. Los Angeles-based RELM designed Habitat’s network of parks and walking paths, which offer a mix of secluded seating clusters and communal gathering …

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NEW YORK CITY — Market @77 has opened a 40,000-square-foot food hall at the Brooklyn Navy Yard. Situated on the ground floor of Building 77, the venue is home to concepts such Russ & Daughters, Hungry House, Jalapa Jar, Pizza Yard, Sabor, Rustik Tavern, Transmitter Brewing and She Wolf Bakery. Nonprofit organization Brooklyn Navy Yard Development Corp. owns and manages the larger development.

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WESTFIELD, IND. — Marcus & Millichap has brokered the $5.8 million sale of Creekside Centre, a 15,168-square-foot retail strip center in Westfield, a northern suburb of Indianapolis. Riverview Health anchors the property, which was built in 2001. Additional tenants include Titus Orthodontics, Bumble Kids and Domino’s. Julia Evinger of Marcus & Millichap represented the buyer, a long-time client from the area that completed a 1031 exchange.

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ATLANTA — EōS Fitness has announced plans to enter the metro Atlanta market and open 50 gyms throughout Georgia over the next 10 years. The first several gyms are scheduled to open by 2027, with each location averaging 40,000 to 50,000 square feet in size. Each EōS gym comes outfitted with strength and cardio equipment, training turf areas and recovery options including cryotherapy, cold plunges and infrared saunas. Every location also offers personal trainers, onsite staff and group classes. “Atlanta is the third-fastest-growing metropolitan area in the United States, and venturing here represents a key milestone in our long-term vision for EōS,” says Rich Drengberg, CEO of the brand. The EōS portfolio currently includes more than 175 locations open or underway in Arizona, California, Florida, Nevada, Texas and Utah. The Dallas-based company plans to surpass 250 gyms nationwide by 2030. Each new gym represents an approximately $10 million investment and creates 40 to 60 jobs.

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HURST, TEXAS — Locally based brokerage firm DuWest Realty has negotiated the sale of a 16,938-square-foot retail building in Hurst, located northeast of Fort Worth. According to LoopNet Inc., the building at 924 NE Loop 820 was constructed in 1999. Giancarlo Carriero and Scott Rodgers of DuWest Realty represented the seller, De La Vega Development  | Capital, in the transaction. The buyer was Houston-based investment and brokerage firm Jolink Wallace Commercial, which plans to redevelop the building for western footwear and apparel retailer Boot Barn.

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AUSTIN, TEXAS — Benchmark Development has welcomed four new retailers to Goodnight Ranch, a 700-acre mixed-use development in southeast Austin. Meow Bark Veterinary will open a 2,474-square-foot clinic by the end of the year, as will Action Behavior Centers, which helps children diagnosed with autism and has committed to a 6,844-square-foot space. Amazing Explorers plans to debut a 12,156-square-foot childcare center in early 2025, and Boba Magic will open a 1,241-square-foot café sometime next year.

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QUINCY, ILL. — SRS Real Estate Partners has brokered the $2.6 million sale of a Raising Cane’s Chicken Fingers ground lease in Quincy, a city in western Illinois. The 3,062-square-foot restaurant features a drive-thru and is located at 3601 Broadway St. The newly developed property serves as an outparcel to Target and is directly across the street from Quincy Commons Shopping Center. Matthew Mousavi and Patrick Luther of SRS represented the seller, a Chicago-based merchant developer. Alexander Moore of SRS represented the buyer, a private investor from Sacramento, Calif. The lease term is 15 years.

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YONKERS, N.Y. — Locally based brokerage firm Houlihan-Lawrence Commercial has negotiated the $4.7 million sale of an 18,000-square-foot retail property in Yonkers, located north of New York City. Apparel and footwear retailer Snipes anchors the property, which features nine storefronts and is also home to Yonkers Paint & Hardware. Garry Klein of Houlihan-Lawrence represented the seller in the transaction, and the firm’s Jared Stone represented the buyer. Both parties requested anonymity.

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