REAL ESTATE

Jersey Mike’s opens at Kohl’s Plaza in Holmdel, N.J.

BY Michael Fickes

Purchase, N.Y. — Jersey Mike’s Subs has opened a new shop at Kohl’s Plaza in Holmdel, N.J. Kohl’s and Stein Mart anchor the 184,575-sq.-ft. shopping center owned and managed by National Realty & Development Corp.

The tenant line-up also includes 7-Eleven, Harmon Stores, Avenue, Wells Fargo and the Bayshore Academy of Dance.

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REAL ESTATE

New tenants for Warrenton, Va., center

BY Michael Fickes

Virginia Beach, Va. — Two new tenants have signed into Warrenton Towne Center in Warrenton, Va., according to Divaris Real Estate, the broker representing Kalis Holdings, the landlord, in the transactions.

Regis Corporation leased 2,502 sq. ft. in the center for a beauty salon. The company owns, franchises or holds ownership interests in 9,763 locations worldwide.

Tagaloo has taken 1,391 sq. ft. at the center. The 11-year-old social, interactive business organizes events, camps and parties. It also offers classes on creative art, etiquette jewelry making, laughing yoga nutrition, photography, scrapbooking and sewing.

Current Warrenton Towne Center tenants in the center include Food Lion, CBS, Gold’s Gym, Tuesday Morning, Dollar General, Country Cookin’, Jackson Hewitt and Habitat for Humanity ReStore.

Divaris Real Estate is a member of Realty Resources, a national group of independent retail property brokers and managers, covering 91 major markets throughout the U.S.

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Mid-America announces four new suburban Chicago leases

BY Michael Fickes

Oakbrook Terrace, Ill. — Mid-America Asset Management Inc. has announced new retail leases in four shopping centers in Chicago’s northwest suburbs.

Big Blue Swim School signed a lease for 10,075 sq. ft. at The Grove in Buffalo Grove, Ill. The School’s second location in the Chicago area, it is expected to open in November. Jewel Osco, Chase and American Mattress anchor the 117,367-sq.-ft. center. Mid-America represented the landlord in the transaction. NGKF represented the tenant.

Charlotte Russe has leased 5,693 sq. ft. at Algonquin Commons in Algonquin, Ill. Plans call for the store to open in April. Mid-America represented the landlord in the transaction. Dick’s Sporting Goods, DSW, Old Navy, PetSmart and Trader Joe’s anchor the 578,825-sq.-ft. lifestyle center. Charlotte Russe represented itself.

Sushi 5th has taken a 2,100-sq.-ft. lease at Arlington Plaza in Arlington Heights, Ill. The restaurant plans to open in May. Burlington Coat Factory, Value City Furniture, Salvation Army and Harvest Fresh Grocery Store anchor the center. Mid-America represented the landlord in the transaction. US Asian Group represented the tenant.

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