REAL ESTATE

Easton Town Center announces new tenants, renovation project

BY Katherine Boccaccio

Columbus, Ohio — Easton Town Center co-developers Steiner + Associates and The Georgetown Co. announced Monday that they will be adding more than 50,000 sq. ft. of new tenants this year and renovating more than 150,000 sq. ft. of existing space.

The expansion brings in Louis Vuitton, Michael Kors, Tommy Bahama, Ann Taylor, Sephora and local t-shirt store Homage. As well, wine bar and restaurant Cooper’s Hawk Winery and Brazilian steakhouse Texas de Brazil join Easton’s current restaurant roster of more than 30 eateries and 125 retailers, which drive more than 22 million visitors annually.

“Great projects evolve on purpose,” said Yaromir Steiner, CEO, Steiner + Associates. “These enhancements further amplify Easton’s position as central Ohio’s premier mixed-use destination,” added Georgetown Co. president Adam Flatto.

Easton and its tenants are investing more than $20 million in renovations this year. The 150,000-sq.-ft. renovation project includes updates to Brio Tuscan Grille, AMC Easton Town Center 30, Express and the Victoria’s Secret flagship store, plus the addition of a $24 million, 1,050 space parking deck to be completed by early 2013.

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REAL ESTATE

Four new tenants to open at Deptford Landing

BY Staff Writer

Deptford, N.J. — Dallas-based SRS Real Estate Partners said that four new leases have been executed for space at Deptford Landing, located in Deptford, N.J.

DSW Shoe Warehouse has leased 20,014 sq. ft.; Panera Bread has leased 4,900 sq. ft.; Chipotle has leased 2,141 sq. ft.; and Hand and Stone Massage & Facial Spa leased 2,400 sq. ft.

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REAL ESTATE

Marcus & Millichap names Houston senior associate

BY Staff Writer

Houston — Marcus & Millichap Real Estate Investment Services said it has hired Derek Hargrove as a senior associate in the Houston office.

In his new position, Hargrove will focus on the sale of multi-tenant shopping centers throughout southwest Texas. He also holds the title of associate director of Marcus & Millichap’s National Retail Group.

Prior to joining Marcus & Millichap, Hargrove worked at UCR Moody Rambin Page where he represented clients in their leasing and disposition of multi-tenant retail properties. Previously, Derek headed up CBRE’s Houston private client investment group.

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