REAL ESTATE

Burger & Beer Joint plans 50-store expansion

BY Michael Fickes

Jupiter, Fla. — Burger & Beer Joint has announced plans for an expansion of 50 stores through franchised and corporate units over the next few years. The expansion is already well underway.

The company recently opened a third store in South Florida and has signed a 10-store franchise agreement to open stores throughout Florida and Georgia.

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REAL ESTATE

The Wilder Cos. takes on five new centers in eastern Massachusetts

BY Michael Fickes

Boston — The Wilder Companies has been awarded five new leasing and management contracts for nearly 900,000 sq. ft. in five shopping centers on the north and south shores of Boston.

The Crossing at Walkers Brook in Reading, Mass., is a 480,000-sq.-ft. center featuring Jordan’s Furniture, an IMAX Theatre and The Home Depot. An 80,000-sq.-ft. pedestrian-friendly lifestyle portion of the center features Staples, Golfsmith, the Paper Store, Macaroni Grill, Chili’s, and Starbucks.

Merrimac Plaza in Methuen, Mass,. is a 180,000-sq.-ft. center featuring Market Basket, C.W. Price, Dollar Tree, Rite Aid, McDonalds, Bank of America and small shop office space.

Dickinson Development awarded the leasing and management contracts for both of these properties to The Wilder Cos.

Investment advisor Angelo, Gordon & Co. contracted with The Wilder Cos for leasing and management services of three south shore centers:

Cushing Plaza is a 74,760-sq.-ft. center with Shaw’s Supermarket, Walgreens, The UPS Store, Supercuts, Rockland Trust Bank and additional small shops and services including the independent Buttonwood Book & Toy Store.

Two Shaw’s Plazas, one in Easton is a 104,923-sq.-ft. center featuring a 67,000 Shaw’s Supermarket and Rite Aid and another in Hanover — a standalone 57,181-sq.-ft. store.

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CBRE Group appoints global president of capital markets

BY Michael Fickes

Los Angeles — CBRE Group has appointed Chris Ludeman global president of Capital Markets.

Ludeman will oversee the global growth and integration of CBRE’s Capital Markets Service business line, which includes Investment Sales, Debt & Structure Finance and Capital Advisors activities worldwide, working with CBRE’s Capital Markets leaders around he world.

A 33-year veteran of CBRE, Ludeman most recently served as president of the Capital Markets business in the Americas.

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