REAL ESTATE

Buffalo Wild Wings leases Manhattan flagship

BY Michael Fickes

New York — Buffalo Wild Wings has leased its first Midtown Manhattan location in Times Square, according to Winick Realty Group.

The 15,000-sq.-ft. flagship restaurant includes a 5,000-sq.-ft. ground floor with 22-ft. ceilings, a 2,000-sq.-ft. mezzanine, two lower levels and a 2,000-sq.-ft. roof deck for outdoor dining.

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REAL ESTATE

Sold: Mount Prospect Plaza in suburban Chicago

BY Michael Fickes

Oakbrook Terrace, Ill.Mid-America Real Estate Corp.’s investment sales group has brokered the sale of the 301,045-sq.-ft. Mount Prospect Plaza in Mount Prospect, Ill., a northwestern suburb of Chicago.

Ramco-Gershenson Properties Trust purchased the property for $36.1 million from a pension fund advised by JP Morgan Asset Management Inc.

Marshalls, Ross Dress for Less, L.A. Fitness, Aldi, Petco and Walgreens anchor the center, which is located in a dense infill area. Shadow anchors include a Wal-Mart Supercenter.

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REAL ESTATE

Winick launches investment sales division

BY Michael Fickes

Cranford, N.J. — Winick Realty Group N.J. has announced the formation of an investment sales division in the company’s Cranford, N.J., office. The new division will focus on a wide range of properties from ne-leased investment-grade properties to shopping centers throughout New Jersey.

“The investment sales market is red-hot right now, with a substantial amount of business that reaches pre-recession levels,” said Tyler Bennett, senior VP and founding partner of Winick Realty N.J.

Bennett and fellow Senior VP and Founding Partner Daniel Spector have hired Urszula Zoltek to head the division. She comes to Winick from Edgewood Properties where she served as VP leasing. Her experience includes a stint with Marcus & Millichap Real Estate Investment Services.

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