REAL ESTATE

Jack in the Box, Denny’s join Jess Ranch Marketplace

BY CSA STAFF

Apple Valley, Calif. Jack in the Box has leased 2,600 sq. ft. and Denny’s has leased 4,000 sq. ft. at Jess Ranch Marketplace near downtown Apple Valley, Calif.

According to the center’s owner, Weingarten Realty, Jack in the Box will open this August, followed by Denny’s in October.

The new 307,994-sq.-ft. shopping center is home to Winco, PetSmart, Rite Aid, 24 Hour Fitness, Best Buy and Bed Bath & Beyond.

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REAL ESTATE

Dunkin’ Donuts plans a dozen Dayton stores

BY CSA STAFF

Canton, Mass. Dunkin’ Donuts plans to open a dozen locations in the Dayton, Ohio area over the next seven years, according to the Dayton Business Journal.

The chain signed a deal with Tampa Bay, Fla.-based Giant Oil to develop 12 restaurants in the region. The franchisee, Giant Oil, plans to open a location in 2011 and the remaining 11 within the next five years.

Giant Oil has a background in the retail industry, as well as management, ownership and operation of convenience stores.

There is already one Dunkin’ Donuts/Baskin Robbins location in the Dayton area.

In addition to the 12 locations Giant Oil will develop, Dunkin’ Donuts is looking for additional franchisees to develop a minimum of three locations in the surrounding areas of Springfield, Tipp City, Middletown, Eaton and Lima, the report said.

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JLL to lease, manage Cupertino Square

BY CSA STAFF

Cupertino, Calif. Jones Lang LaSalle said Friday it has been selected to lease and manage Cupertino Square, a 1.2 million-sq.-ft., two-story shopping mall located in the heart of California’s Silicon Valley near San Jose.

“Cupertino Square has a rich history in the marketplace as a popular shopping, dining and entertainment destination,” said Greg Maloney, president and CEO of Jones Lang LaSalle Retail. 

Recently renovated and renamed, Cupertino Square is anchored by J.C. Penney, Macy’s and Sears. The tenant roster includes Victoria’s Secret, Famous Footwear, Mrs. Field’s Cookies and Alexander’s Steakhouse. In addition, a newly remodeled T.G.I. Friday’s is scheduled to open soon.

Among the entertainment options at the center are the AMC 16 Theatres, Strike Bowling and Entertainment Center, a 38,000-sq.-ft., 32-lane upscale bowling, dining and entertainment center, the Ice Center of Cupertino and a new state-of-the-art, 600-seat food court.

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