Four new tenants to open at Deptford Landing
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.
Marcus & Millichap names Houston senior associate
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.
Seasons 52 to open first Massachusetts location
Burlington, Mass. — Boston-based Wilder Cos. announced that, as part of a two-phased revitalization plan, Seasons 52 will open a new restaurant at Wayside in Burlington, Mass., the restaurateur’s first location in the state.
Seasons 52 is taking the upper level of the former Border’s space. “We are making excellent use of both Border’s levels by dividing it into two functional spaces. This allows us to introduce a highly popular restaurant like Seasons 52 to the Greater Boston marketplace, and still have room for an additional retailer on the lower level,” said David J. Mallen, a principal of The Wilder Cos., which manages Wayside.
Phase I will introduce additional new merchants including more restaurants and a national home furnishings retailer for the former Border’s lower level.
Phase II will see property improvements including replacing Wayside Road’s utility poles with decorative lighting , making architectural, lighting and signage upgrades at the rear of the center and adding wayfinding signage. The center also now has a new logo and brand strategy.
Wayside has 195,100 sq. ft. of shops, eateries and services including L.L. Bean, West Elm, Arhaus, Coldwater Creek, Eileen Fisher, Loft, Citibank, Not Your Average Joe’s and The Capital Grille.