Marx Realty Underway on 58,000-Square-Foot Retail Expansion at Cross County Center in Yonkers, New York
Marx Realty has broken ground on a 58,000‑square‑foot retail expansion at Cross County Center in Yonkers, New York. The project consists of two new buildings—14,000 sq ft on a single floor and 44,000 sq ft over two floors—plus a 4‑acre park and adjacent boardwalk that will serve as the center’s new front door. The lifestyle center, originally opened in 1954 with 30 stores, now hosts over 100 retailers, dining and entertainment venues. The development aims to boost foot traffic and enhance the community‑focused experience.
Marcus & Millichap Negotiates $9.9 Million Sale of Retail Strip Center Near Washington, D.C.
Marcus & Millichap negotiated the sale of Andrews Park Town Center, a 13,417‑square‑foot retail strip center in Camp Springs, Maryland, for $9.9 million. The property, built in 2021 on 1.2 acres, was fully leased to three national tenants—Advance Auto Parts, Domino’s Pizza and Beyond Dental—at...
Hanley Investment Group Arranges $1.9 Million Sale of Ground Lease in Indianapolis
Hanley Investment Group Real Estate Advisors arranged the sale of a new single‑tenant ground lease for a McDonald’s restaurant at Southern Dunes Commons in Indianapolis for $1.9 million. The lease is a 20‑year absolute triple‑net agreement backed by McDonald’s corporate guarantee....
Hanley Investment Group Arranges $22.5 Million Sale of Lakeview Pointe Shopping Center Near Oklahoma City
Hanley Investment Group Real Estate Advisors arranged the $22.5 million sale of Lakeview Pointe Shopping Center, a 207,406‑square‑foot power center in Stillwater, Oklahoma. The property was 95 percent leased, anchored by Best Buy, Ross Dress for Less, Belk, Five Below and Petco, with additional tenants...
Huey Magoo’s Open 12 New Restaurants in Texas, Alabama
Huey Magoo’s signed a development agreement to launch 12 new restaurants—four in Birmingham, Alabama, and eight across North Dallas, Texas. The locations will be owned and operated by the Jha Rajput Patel group. Founded in 2004, Huey Magoo’s already runs...
The Return of Pacific Place
Los Angeles‑based BH Properties acquired Seattle’s Pacific Place in May 2024 and announced a full revitalization. The 335,000‑sq ft downtown mall, which had slipped to 45% occupancy under the previous owner, will receive interior upgrades, lease‑ready suites, and a four‑story LED...
Gen Z Is Shifting the Future of Retail
Generation Z is redefining retail by favoring in‑person experiences despite their digital upbringing. A recent Retail Dive survey shows 69 percent prefer brick‑and‑mortar stores, with three‑quarters visiting weekly, prompting brands to create hybrid, experience‑focused spaces. Architects like RDC are translating online identities...
Methodical Growth
Retail real estate in the Mid‑Atlantic remains healthy but is becoming increasingly selective as limited supply, zoning constraints, and rising construction costs tighten the market. Developers are focusing on mixed‑use, grocery‑anchored projects such as Richmond’s $2.4 billion Diamond District and the...