A former local motel has been razed to make way for a ground-up prefab construction building that will house Wingstop, as well as a 1,240 s.f. drive-thru Starbucks. The project is expected to be completed by the spring of 2024. This will be the very first Wingstop in the Humboldt County area of Northern California, in a location that is within a three-minute drive to KFC, In-N-Out Burger and Chipotle, and within one mile to a Costco. More
The DRIPBaR has signed a lease for an inline space in a 48-acre Class A grocery-anchored regional lifestyle center in Snellville, located about 30 miles outside of Atlanta. The location is expected to open in January. With vacancy rates at an all-time low, finding availability was the biggest hurdle for the DRIPBaR husband and wife franchisee team. Luckily, the landlord was accommodating and even provided some tenant improvement allowance for the space buildout. More
In August, Tapville Social signed an NNN lease for a street-front shell space unit that includes a patio area, which is part of a mixed-use development dubbed “The Vision on Fifteenth.” The development will ultimately encompass 28,000 s.f. of retail/restaurants and 228,000 s.f. of luxury Class A office space. The project’s neighboring 19,000-s.f. two-story building was leased to Puttery, which opened in February. The Vision on Fifteenth is within Pittsburgh’s Strip District, a thriving area filled with numerous businesses including the regional headquarters of Meta (formerly Facebook) and a Homewood Suites, which are both located across the street. More
Sprouts Farmers Market will occupy a former Bed Bath & Beyond space within a community shopping center in Rio Rancho, a growing suburb located about 15 miles northwest of Albuquerque, N.M. After doing extensive renovations of the space, Sprouts predicts an opening date of Q2 2024. The shopping center currently houses high-traffic tenants such as T.J. Maxx, Michaels, PetSmart and Ross Dress for Less. More
honeygrow, a Philadelphia-based fast-casual restaurant chain, signed a lease for an end cap in a retail building that is part of a new 360,000-s.f. grocery-anchored shopping center development that will be completed by early 2024. Honeygrow expects to open by late spring of 2024. More
Caribou Coffee signed a long-term NNN lease for a portion of a retrofitted building that had previously housed a 5,000-s.f. Pepino’s Pizza & Ristorante. The building faces a major transportation artery street in Brookfield, a suburb about 14 miles from Milwaukee. The building’s redevelopment is part of a larger construction project which includes a separate 12,000-s.f. building that can house approximately six additional tenants. More
Baobab Collection signed an NNN lease for its second U.S. store, set to open by late 2023 in a street-front jewel box inline space on Melrose Avenue in the Los Angeles metro. One major hurdle with this lease deal was the limited vacancy due to the popularity of the shopping district location, but an off-market More
Natural Grocers signed an NNN lease for a former Bed, Bath & Beyond inline space within a community retail center that is filled with other nationally known tenants, such as Dick’s Sporting Goods, Ross Dress for Less, Petco, Ulta Beauty and Ashley HomeStore, the latter of which opened in May. Standalone pads in the center More
