REAL ESTATE

Farmers market, salon to Deerfield, Ill., center

BY Michael Fickes

Deerfield, Ill. — Fresh Thyme Farmers Market and Studio A Salon have taken space at Cadwell’s Corners in Deerfield, Ill., a northern suburb of Chicago. Mid-America Asset Management Inc. represented the shopping center in the transaction.

Fresh Thyme signed a 30,784-sq.-ft. lease and plans to open as an anchor tenant in the summer of 2014. This will be Fresh Thyme’s second Chicago location. The first location is expected to open in Mt. Prospect early in 2014. ARCORE Real Estate Group represented the market in the transaction.

Studio A Salon inked a 1,729-sq.-ft. lease and plans to open early in 2014. This will be the second location for the full-service salon, which currently operates a location in downtown Glenview. Studio A Salon represented itself in the transaction.

Fresh Thyme and Studio A Salon will join Calico Corners, Chicago Home Fitness and others at the 79,774-sq.-ft. Cadwell’s Corners.

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REAL ESTATE

Old Navy signs into Orange Plaza in Middletown, N.Y.

BY Michael Fickes

Purchase, N.Y. — Old Navy has taken a 13,500-sq.-ft. space in Orange Plaza, an 815,000-sq.-ft. power center in Middletown, N.Y., according to National Realty & Development Corp.

A Wal-Mart Supercenter, Kohl’s Department Store, Burlington Coat Factory, Marshalls, Bed Bath & Beyond and The Home Depot anchor the center. Orange Plaza draws shoppers from a 25-mile circle including the Hudson Valley and areas in Pennsylvania and New Jersey.

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REAL ESTATE

Matteson, Ill., center acquired by Cole Credit

BY Michael Fickes

Matteson, Ill. — Cole Credit Property Trust IV has acquired the 150,045-sq.-ft. Matteson Center in Matteson, Ill., for approximately $19 million. Marshalls, Sports Authority, Ross Dress for Less and PetSmart anchor the community shopping center located in the suburbs south of Chicago.

Mid-America Real Estate Corp. represented the seller, Kimco Realty Corp. in the transaction. Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate headquartered in Oakbrook Terrace, Ill.

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