REAL ESTATE

  • Cypress Retail to lease four Safeway-owned centers in Los Angeles

    Los Angeles -- X Team International announced that Los Angeles-based partner Cypress Retail Group has been retained by Property Development Centers, a wholly owned subsidiary of Safeway Inc., to serve as the leasing agent for four shopping centers under development and redevelopment in the Los Angeles area.

    The four shopping centers, located in La Canada, La Crescenta, Eagle Rock and Pasadena, are all being redeveloped, renovated or expanded, and are anchored by Vons, a Los Angeles-based, Safeway-owned grocery store.
     

  • SRS Real Estate Partners names associate

    Dallas -- SRS Real Estate Partners has announced the hiring of Jon Switzer as an associate in the Austin/San Antonio office.

    Switzer will specialize in landlord representation, tenant representation, and be a part of the new SRS Urban team.
     

  • Tommy Bahama to open at Town Center at Boca Raton

    Boca Raton, Fla. -- Indianapolis-based Simon Property Group said that Tommy Bahama will open a new store at Town Center at Boca Raton, located in Boca Raton, Fla.

    The new 3,400-sq.-ft. store is slated to open Sept. 1. The grand opening is scheduled for Sept. 10.

  • CBL announces Phase II construction start on The Forum at Grandview

    Madison, Miss. -- Chattanooga, Tenn.-based CBL & Associates Properties has announced the start of construction on Phase II of The Forum at Grandview, a community center in Madison, Miss.

    The 83,000-sq.-ft. second phase will include anchors Ulta, Homegoods, Petco and a national arts and crafts retailer, along with 14,000 sq. ft. of specialty stores. The opening of phase II is scheduled for summer 2012.

  • Romo Italian Designers to open at Crossing Shopping Village

    Miami Beach, Fla. -- Terranova Corp. said that men’s fashion retailer Romo Italian Designers will open a 1,020-sq.-ft. store at the Crossing Shopping Village, in Miami.

    The location is a first for the retailer under the Romo Italian Designers banner. The store is slated to open by the end of August. 

    The Crossings Shopping Village is anchored by Publix, and tenanted by CVS, Blockbuster Video and Chicken Kitchen.
     

  • Marcus & Millichap announces exec promotions

    Encino, Calif. -- Marcus & Millichap Real Estate Investment Services said it has promoted Brian S. Munn to the position of VP investments in the company’s Atlanta office.  Most recently, Munn held the position of senior associate.

    The company also announced that it has promoted Kyle B. Matthews to the position of VP investments in its Encino, Calif., office. Most recently, Matthews held the position of associate VP investments.
     
     

  • Cole acquires 11 PetSmart retail properties for $74 million

    Phoenix -- Cole Real Estate Investments said Monday that it has acquired a portfolio of 11 PetSmart retail properties for $74 million.

    The approximately 300,000-sq.-ft. triple-net leased portfolio is located in primary markets in California, Florida, Illinois, Maryland, Massachusetts, Michigan and Texas. The 11 individual retail properties are leased to PetSmart, under one master lease, with an original 20-year lease term and approximately 10 years remaining, plus three automatic renewals for up to a total of 20 additional years.

  • SRS Real Estate announces new hire

    Dallas -- SRS Real Estate Partners said Tuesday it has hired Scott Ellsworth as a senior associate in the Phoenix office.

    Previously, Ellsworth worked for NAI Horizon.
     

  • Marcus & Millichap announces promotions

  • Metro Commercial inks 7 Lumber Liquidator deals

    Mount Laurel, N.J. -- As part of its exclusive national representation of Lumber Liquidators, Metro Commercial announced that it has brokered seven leases totaling nearly 46,000 sq. ft. 

    In Georgia, an 8,468-sq.-ft. store in Kennesaw Landing and a 6,000-sq.-ft. store in Newnan opened in July. A 10,151-sq.-ft. store in West Allis, Wis., recently opened, as did a 5,200-sq.-ft. store at Palmetto Palms Business Park in Miami. A second Florida location opened in St. Petersburg earlier this year.

Related Topics

X
This ad will auto-close in 10 seconds