REAL ESTATE

DSW signs inks 20,000-sq.-ft. deal in Tempe, Ariz.

BY Michael Fickes

Phoenix — DSW Designer Shoe Warehouse has taken 20,000 sq. ft. at Tempe Marketplace in Tempe, Ariz., according the CBRE, which represented DSW in the negotiations. Vestar represented Tempe Marketplace.

Developed by Vestar in 2007, Tempe Marketplace is an interactive shopping, dining and entertainment destination featuring 1.3 million sq. ft. of retail space. The tenant list now includes DSW plus Target, Cost Plus World Market, Old Navy, J.C. Penney, Gap and Best Buy. It is also the first Arizona location for Dave & Busters.

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REAL ESTATE

JLL brokers sale of four grocery-anchored centers

BY Michael Fickes

AtlantaJones Lang LaSalle has closed the sale of a portfolio of four grocery-anchored centers on behalf of Regency Partners II. Publix Supermarkets acquired the properties for $37.5 million.

The portfolio of shopping center includes:

  • King Plaza, an 81,432-sq.-ft. Publix anchored shopping center in Atlanta.
  • Lost Mountain, a 72,568-sq.-ft. Publix and Chase Bank anchored center in Atlanta.
  • Island Crossing, a 58,455-sq.-ft. Publix anchored center in West Palm Beach.
  • Surfside Beach Commons, a 59,880-sq.-ft. Bi Lo anchored center in Myrtle Beach.

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REAL ESTATE

TitleMax, Curry in a Hurry sign DC Metro leases

BY Michael Fickes

Rockville, Md. — TitleMax, a title lending company, and Curry in a Hurry have signed leases in the Washington, D.C., metropolitan area, according to Divaris Real Estate, which represented both tenants in the transactions.

TitleMax took 1,850 sq. ft. in Manassas Park Center in Manassas Park, Va. TitleMax has more than 1,000 stores in 12 states.

Curry in a Hurry leased 1,706 sq. ft. in Southbridge Plaza in Dumfries, Va. Curry in a Hurry joins Quiznos, Five Guys, Pizza Boli’s and Mandrian Court.

Divaris Real Estate is a member of Realty Resources, a national group of independent retail property brokers and managers, covering 91 major markets throughout the U.S.

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