REAL ESTATE

Charlotte Russe joins fashion line-up at Denton Mall

BY Michael Fickes

Denton, Texas — Golden Triangle Mall has announced the addition of Charlotte Russe to a list of national and regional tenants that have recently committed to or renewed leases at the renovated mall. The specialty fashion retailer will occupy 4,475 sq. ft. and will open before the holiday shopping season.

In addition to Charlotte Russe, the list of new retailers includes Buckle, Body Central, Pro Image Sports and food court eateries Italia Express, Tobu Oriental Eatery and Smoothie Paradise.

Recent lease renewals include American Eagle Outfitters, The Limited, Hallmark, Regis Salons, Zales Jewelers and MasterCuts.

The Limited has committed to a total renovation of its existing store. Payless ShoeShource recently completed a remodel. Hibbett Sporting Goods’ new location in the mall is under construction.

Golden Triangle Mall is currently undergoing a total renovation as part of a joint venture between the MGHerring Group and Cencor Realty Services. After completing an interior remodel in late 2012, exterior construction has commenced with a complete renovation of the East and West mall entrances and the addition of a new food court, full-service restaurants and a major fashion retailer. New pylon signage, landscaping and other parking lot improvements are also under way. The entire renovation will be completed late this year.

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REAL ESTATE

NAI MLG Commercial announces three new leases

BY Michael Fickes

MilwaukeeNAI MLG Commercial has announced three recent lease transactions:

  • Chiropractic Care Center has taken 1,189 sq. ft. on Mayfair Road in Wauwatosa, Wis., from Devo Management Company LLC.
  • Kellow Corporation has leased 2,625 sq. ft. on 162nd St. in New Berlin, Wis.
  • CrossFit West Allis has signed into 2,250 sq. ft. on S. 56th St. in West Allis, Wis. IBEX I is the landlord.
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REAL ESTATE

Mixed-use planned for six acres in L.A.’s South Park

BY Michael Fickes

Los Angeles — Mack Urban Real Estate Group and AECOM Capital have acquired six acres in the Los Angeles central business district. The $80 million transaction is the largest land acquisition in the CBD since before the recession. The seller was EVOQ Properties.

The acquisition is part of a Mack Urban and AECOM plan to build a portfolio of class A, institutional quality multifamily developments in West Coast gateway cities.

South Park ranks among L.A.’s premier residential neighborhoods. The immediate neighborhood encompasses 32 square blocks of residential properties and includes retail and entertainment venues such as the Staples Center and L.A. Live.

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