WAKE FOREST, NC – October 2, 2024 – Stiles, a leading Southeast U.S. full-service real estate development firm, is excited to announce new leasing activity for Phase 2 of the highly anticipated retail center at the master-planned community Grove 98 in Wake Forest, North Carolina. The newest mix of tenants are set to bring diverse and dynamic dining, fitness, and wellness options to the growing community.
Phase 2 of Grove 98 is the latest step in the continued development of this premier mixed-use destination, which is strategically located at the intersection of Highway 98 and Capital Boulevard. The project features 80,000 square feet of retail across the street from Wegmans, the Lindley at Grove 98 Apartments offering 232 units, and a new townhome-style condo project by Stanley Martin. The newly confirmed tenants for Phase 2 bring occupancy to 95 percent and reflect a strong demand for high-quality lifestyle and service offerings in the Wake Forest area.
The following businesses are expected to open soon:
- O2 Fitness – A leading fitness club offering state-of-the-art equipment, group fitness classes, and personal training.
- Five Guys – Known for its fresh, made-to-order burgers and hand-cut fries, this national favorite will bring a casual dining experience to the center.
- Dave’s Hot Chicken – Famous for its hot chicken tenders and sliders, this fast-growing chain will soon open its doors to spice-loving customers.
- SEN Nail Spa – A full-service nail salon offering a range of manicure, pedicure, and spa services in a relaxing atmosphere.
- BIBIBOP Asian Grill – Specializing in healthy, Korean-inspired bowls with fresh ingredients and customizable options.
- Piada Italian Street Food – A fast-casual Italian restaurant serving hand-rolled piadas, pasta, and salads inspired by the street food of Italy.
- VIO Med Spa – A top-tier med spa offering advanced aesthetic services including skin rejuvenation, injectables, and wellness treatments.
- The NOW Massage Boutique – A boutique massage experience designed to offer relaxing therapeutic services in a serene, nature-inspired environment.
- Blo Blow Dry Bar – A specialty salon offering blowouts, styling, and hair care services designed to leave customers feeling fabulous.
This new wave of tenants follows the success of Phase 1, which features popular brands like Torchy’s Tacos, CAVA, Sleep Number, Ideal Dental, One Medical, and Nothing Bundt Cakes. In addition, both outparcels are leased by two well-known restaurant brands, to be announced in the coming months.
“We set out to create an exceptional, walkable community that offers a blend of quality retail, restaurant and services to compliment the growing Wake Forest area,” said Justin Siemens, President of Stiles Carolinas. “With these recognized names added to the tenant lineup, not to mention the exciting family-friendly restaurants to be announced soon, Grove 98 offers something for everyone. As we finalize leases for the last 4,100 square feet, we’re looking forward to seeing these new businesses come together and create a dynamic experience for the community.”
Senior Vice President of Foundry Commercial Ross Diachenko is overseeing the leasing efforts for Grove 98. For more information on Grove 98 and the leasing opportunities available, please contact Foundry Commercial at Ross.Diachenko@foundrycommercial.com.