Shake Shack & Panera Bread Announced

Rosedale Center Signs Leases with Shake Shack and Panera Bread; Announces Several Recent Openings

(Roseville, MN), Mar. 15, 2022 Rosedale Center, a 1.3MM-square-foot shopping center located in the heart of the Twin Cities, announced today that it has signed Shake Shack to a 3,500-square-foot and Panera Bread to a 4,000-square-foot lease. Shake Shack and Panera Bread are scheduled to open Winter 2023 and will feature drive-thru service in addition to dining and patio seating.

In addition to Shake Shack and Panera Bread, several new tenants have opened at Rosedale Center in recent months. Recent openings include:

  • Arula, a new mid-and-plus-size women’s shopping concept by Altar’d State opened in December 2021.
  • Sandbox VR, a futuristic Virtual Reality experience, opened a 13,000-square-foot location in December 2021.
  • Joey Meatballs, a fast casual Italian kitchen serving homemade pastas, sauces & meatballs, opened a restaurant in Potluck in November 2021.
  • Salad Slayer, a build-your-own salad & health food concept, opened a restaurant in Potluck in November 2021.
  • B&E Sweets by Diane, a locally-owned and operated bakery, opened in Potluck in November 2021.
  • PNC Bank, one of the largest diversified financial services institutions in the United States, opened their first Minnesota branch in November 2021.
  • Caribou Coffee, a Minnesota-based American coffee company and coffeehouse chain, opened a location in August 2021.
  • Aspen Dental, the largest group of branded dental offices in the world, is scheduled to open a 3,500-square-foot office in January 2022.
  • Visionworks, a leading provider of eyewear and eye care services, is scheduled to open a 3,037-square-foot location in February 2022.

Future openings include:

  • The Original Popcorn House and Nestle Toll House Café, handcrafted gourmet popcorn in over 50 flavors and partnered with many varieties of delicious cookies, ice cream and coffee, is scheduled to open Winter 2022.
  • Raising Cane’s, an American fast-food restaurant chain specializing in chicken fingers and its famous “Cane’s Sauce”, is scheduled to open in Summer 2022.

“We are dedicated to enhancing Rosedale Center’s retail experience both inside and outside the center by adding new retail partners, local culinary entrepreneurs, and other amenities that complement its strong retail presence,” said Lisa Crain, Rosedale Center Vice President & General Manager. “Our leasing team is committed to finding the right tenants to serve our community.”

The property leasing team, Holly Rome and Lane Walsh, JLL, and Robin Sande, Newmark, secured the tenants.

About Rosedale Center

Rosedale Center is centrally located between the Twin Cities of Minneapolis and St. Paul. Rosedale Center is a 1,218,861 square foot shopping center featuring 160 retailers including AMC Theatres, JCPenney, Macy’s, Rose & Loon, and Von Maur. Rosedale Center attracts more than 14 million visitors annually and is rated a top shopping destination in Minnesota. For more information on stores, events, and programs, please visit rosedalecenter.com.

About JLL Retail

At JLL, we are passionate about retail. We deliver great experiences for shoppers – from high streets to shopping malls. And, we’re ready to help you achieve your ambitions. As the leading third-party retail service provider, we have access to more than 2,000 centres totaling 191 million square feet under management, for lease and sale. Our more than 230 retail brokerage experts spanning 52 markets in the U.S. and Canada, support 2,300+ clients by restructuring or renewing leases and debt, providing disposition or investment strategies and/or evolving retail space to keep pace with the ever-changing consumer. See how we’re helping our clients achieve our ambitions and subscribe to the Where We Buy podcast series and Everything We Know About Retail for real talk on the trends impacting retail. For more news, videos and research from JLL’s retail team, please visit www.jll.com.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion in 2020, operations in over 80 countries and a global workforce more than 95,000 as of September 30, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.