REAL ESTATE

  • SRS names VP

    Dallas -- SRS Real Estate Partners said that Scott Tiernan has joined the company as VP in the Atlanta office.

    Tiernan is charged with helping single-tenant building retailers and restaurateurs expand through leveraging the capabilities of SRS and Cypress Equities. Tiernan previously worked for O'Leary Partners in Atlanta.


     

  • Rent-A-Center expands at University Commons

    Wilmington, N.C.  -- Brixmor Property Group said that Rent-A-Center recently expanded from 3,200 sq. ft. to 4,800 sq. ft. at University Commons, located in Wilmington, N.C.

    Brixmor, based in New York City, is the owner of University Commons.

  • Ulta to open flagship store in Center City Philadelphia

    Philadelphia -- Plymouth Meeting, Pa.-based Fameco Real Estate said that it represented Ulta Beauty in a 13,647-sq.-ft. lease at 1619 Walnut Street, the former Westinghouse studio, developed by Vesper Property Group and located in Center City, Philadelphia.

    The lease marks Ulta’s first retail location in Center City. It will open a three-level store much like its other signature urban store in Chicago.

  • New salon to open at Village on the Green

    Dallas -- Cypress Equities said Friday that Iconic Salon Suites will open at Village on the Green in north Dallas.

    Iconic Salon Suites will occupy a 6,800-sq.-ft. retail space beside Jos. A. Bank, and joins recent additions such as Allstate, Plush Nails & Spa and Chiro One Wellness Centers.

  • Fameco announces staff additions

    Plymouth Meeting, Pa. -- Fameco Real Estate announced that it has hired three new salespeople and has expanded its property management group with the hire of a new property management accountant and several internal moves to better support its growth.       

  • Nordstrom opens Rack store in Back Bay area

    Boston -- CBRE/Grossman Retail Advisors said that Nordstrom will open a new Nordstrom Rack at The Newbry in Boston’s Back Bay neighborhood, further expanding its presence in the Boston market to four full-line stores and four Nordstrom Racks.

    The approximately 38,000-sq.-ft., two-level store is scheduled to open spring 2013.
     

  • Park Plaza on Maine welcomes three new tenants

    Baldwin Park, Calif. -- NewMark Merrill Cos. announced that three new tenants have joined Park Plaza on Maine, located in Baldwin Park, Calif., joining Superior Grocers, CVS, O’Reilly Auto Parts, Chase Bank, El Pollo Loco, GNC and Bank of America.

    Menchie’s Yogurt signed a five-year lease for a 1,586-sq.-ft. location; LA Eyebrow signed a five-year lease for a 1,220-sq.-ft. space; and Family Dollar signed a lease for the approximately 9,000-sq.-ft. space next door to Superior Grocers.

  • Massage Envy to open at Cobblestone Plaza

    Pembroke Pines, Fla. -- Indianapolis-based, Kite Realty Group said that Massage Envy has leased 4,066 sq. ft. at Cobblestone Plaza, located in Pembroke Pines, Fla. 

    Kite Realty Group represented the landlord, KRG CREC/KS Pembroke Pines, LLC.

    Cobblestone Plaza is anchored by Whole Foods, All Pets Emporium and Party City. The center sites on approximately 22 acres with 140,452 sq. ft. of retail space.
     

  • Divaris completes eight retail leases in central Virginia

    Virginia Beach, Va. -- Divaris Real Estate said that the company completed eight lease transactions totaling more than 81,000 sq. ft. of retail space in central Virginia.

    Children’s Museum of Richmond leased 26,060 sq. ft. of retail space in the Divaris-leased Winterpock Crossing Shopping Center, located in Midlothian, Va.

    K&G Menswear signed a lease for 22,888 sq. ft. of retail space in White Oak Village, located in Richmond and owned by Forest City Commercial Group.

  • Francesca’s to open at Delray Marketplace

    Delray Beach, Fla. -- Indianapolis-based Kite Realty Group said that Francesca’s Collections has leased 1,200 sq. ft. at Delray Marketplace, located in Delray Beach, Fla. 

    The center will open November 2012 and will be anchored by Publix and Franks Theatre/Imax. The 264,823-sq.-ft. Delray Marketplace is owned by KRG Atlantic Delray Beach, LLC. Other tenants include ROC, White House | Black Market, Apricot Lane, Bobby Chan, Jos. A. Banks, Charming Charlie and Chico’s.

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