REAL ESTATE

Hibachi Grill & Supreme Buffet to open at Blue Star

BY Staff Writer

Watchung, N.J. — North Plainfield, N.J.-based Levin Management Corp. said that Hibachi Grill & Supreme Buffet has leased 8,500 sq. ft. at Blue Star Shopping Center in Watchung, N.J., becoming the latest eatery to join the 419,000-sq.-ft. retail property.

The free-standing restaurant will open in early 2013.

Levin Management is the shopping center’s leasing and managing agent. Blue Star is anchored by Kohl’s, ShopRite, Marshalls (which recently extended its long-term lease), Michaels and Toys "R" Us.

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REAL ESTATE

Chipotle Opens at Esplanade Shopping Center

BY Staff Writer

Oxnard, Calif. — Brixmor Property announced a 3,000-sq.-ft. Chipotle restaurant recently opened at Esplanade Shopping Center, located in Oxnard, Calif.

Brixmor, based in New York City, is the owner of Esplanade Shopping Center.

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REAL ESTATE

Opus announces sale of Shoppes at Fox River Phase II

BY Staff Writer

Milwaukee — Opus Development Corp. has announced the sale of phase II of The Shoppes at Fox River retail center as well as an adjoining 12.2 acres of land in Waukesha, Wis., to Ramco Gershenson Properties Trust for an undisclosed sum.

The sale closing occurred on Dec. 13, 2012.

The Shoppes at Fox River phase II broke ground in May 2012 and totals more than 47,000 sq. ft. of retail space spanning six acres. Tenants include T.J. Maxx, Ulta, Rue21 and Charming Charlie.

Ramco has a vested interest in the property after purchasing the 273,000-sq.-ft. first phase of the center from Opus in December 2010. The shopping center is 100% leased with retail, service and lifestyle tenants, and is a redevelopment of a former Supervalu distribution facility.

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