REAL ESTATE

  • Baker Katz leases former Hollywood Video space

    Kingwood, Texas -- Houston-based brokerage firm Baker Katz, an X Team International partner, said Thursday it has leased the former Hollywood Video at 2158 Northpark Drive in Kingwood, Texas, to First Choice Emergency Room.

    First Choice Emergency Room plans to adapt the 6,000-sq.-ft. former Hollywood Video by adding a covered ambulance entrance, installing a back-up generator and reconfiguring the interior to accommodate for examination rooms, a waiting area, labs and other medical necessities.
     

  • GNC opens at Sarasota Village

    Sarasota, Fla. -- Centro Properties Group US announced that GNC has opened a 1,100-sq.-ft. store at Sarasota Village shopping center, located in Sarasota, Fla.

    Centro, based in New York City, is the owner of Sarasota Village.
     

  • SRS Real Estate names senior associate

    Dallas -- SRS Real Estate Partners announced Thursday it has hired Lenny Eterno as a senior associate in the South Florida office.

    Eterno will be focusing on the Miami Beach and downtown Miami trade areas.

    Prior to joining SRS, Eterno worked for SRS’ affiliate, Cypress AutoGroup, LLC, where he completed transactions throughout the southeast.
     

  • Jones Lang LaSalle wins 13 new retail assignments

    Atlanta -- Jones Lang LaSalle announced it has been chosen for 13 new retail services assignments including property management, leasing and accounting services for a variety of owners throughout the United States.

    During the first half of 2011, Jones Lang LaSalle has added 22 new retail assignments totaling more than 5.3 million sq. ft. of space.

  • Family Dollar opens 7,000th store

    Matthews, N.C. -- Family Dollar said Thursday it has opened its 7,000th store -- on South Highland St. in Memphis, Ten.

    The newest store, which opened on Wednesday, features a new design with green elements and easy-to-navigate layout.

  • Two new restaurant leases signed for Clayton Valley Shopping Center

    Concord, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased space to two new restaurant tenants at Clayton Valley Shopping Center, located in Concord, Calif.

    Five Guys Burgers and Fries has leased 2,400 sq. ft., and Dickey’s Barbecue Pit will open fall 2011 in a 1,740-sq.-ft. space.

    The 260,000-sq.-ft. shopping center is anchored by Orchard Supply Hardware alongside national retailers such as Ross Dress for Less, Fresh & Easy and CVS/pharmacy.
     

  • Winn-Dixie brings new store re-format to North Florida

    St. Johns, Fla. -- A week after opening a remodeled store in Apopka, Fla., Winn-Dixie has opened another reformatted store in St. Johns, making it the company's first overhauled location in the North Florida area.

    The renovated Winn-Dixie features an expanded grocery department, as well as a deli serving restaurant-quality entrees and side dishes, the retailer said.

  • Athleta makes East Coast debut

    San Francisco -- Gap will open two Athleta store this week in Manhattan’s Upper East and Upper West side neighborhoods. The openings mark the women’s active wear brand’s entry into the East Coast market, and support Athleta’s plan to open up to 50 stores by 2013.

    “Entering New York is a significant milestone for us as we aim to grow our share of the $31 billion women’s active wear market,” said Scott Key, senior vice president and general manager of Athleta.

  • Two new leases signed at Hyde Park Plaza

    Cincinnati -- Jacksonville, Fla.-based Regency Centers said it has leased retail space to two tenants at Hyde Park Plaza, located in Cincinnati.
     
    Primary healthcare clinic Doctors Express has leased 3,474 sq. ft. and Orange Leaf Frozen Yogurt has leased 2,406 sq. ft., bringing the center to 96% leased.

    Both tenants are slated to open this fall.
     
    The 396,861-sq.-ft. shopping center is anchored by Kroger and Biggs, alongside national retailers such as Michaels, Massage Envy, Panera Bread, Starbucks and Staples.

  • PREIT announces new retail leases

    Philadelphia -- Pennsylvania Real Estate Investment Trust announced that almost half-a-million sq. ft. of leasable space was signed or opened across its mall portfolio since the end of April.

    According to PREIT, leases have been executed with J.C. Penney, Nordstrom Rack, Bravo Cucina Italiana and Forever 21 at Willow Grove (Pa.) Park, in the reconfigured space formerly occupied by Strawbridge’s.

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