REAL ESTATE

Jones Lang LaSalle closes sale of Myrtle Beach open-air portfolio

BY Katherine Boccaccio

Myrtle Beach, S.C. — Jones Lang LaSalle said Thursday it has closed the sale of Windy Hill Shopping Center and North Village Center on behalf of Equity One.

America’s Realty purchased the two adjacent shopping centers totaling 128,821 sq. ft. and anchored by Roses, Goodwill, Dollar General and Cititrends.

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REAL ESTATE

KeyPoint Partners adds three management, one leasing assignment

BY Katherine Boccaccio

Burlington, Mass. — KeyPoint Partners said it has added three Massachusetts retail properties to its portfolio that include property management and leasing assignments.

The firm has been awarded property management contracts for 1080 Route 28, South Yarmouth and 978 Boylston Street, Newton; and property management and leasing contracts for Treble Cove Plaza, Billerica. Marathon Realty awarded the contract.

The 1080 Route 28 property is an Ocean State Job Lot location in South Yarmouth, and 978 Boylston Street is a CVS location in Newton. Treble Cove Plaza is an 114,000-sq.-ft. shopping center in Billerica which is anchored by a Market Basket supermarket. Other tenants include Starbucks, Supercuts, Sally Beauty, Hollywood Tans, and Joann Fabrics.

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Burger 21 continues expansion in Florida

BY Staff Writer

Tampa, Fla. — Burger chain Burger 21 – founded by the owners of The Melting Pot® Restaurants – announced the signing of two new multi-unit franchise agreements in Florida. Seven new restaurants will be developed over the next several years in the Fort Myers – Naples corridor, Fort Lauderdale, Coral Springs, Davie and Pembroke Pines.

To date, Burger 21 has six restaurants open in Florida and 18 franchised locations in development along the East Coast.

“We’re thrilled to continue our expansion in Florida and build a presence for the brand in the southern part of the state,” said Mark Johnston, Burger 21 president/chief concept officer and president of Front Burner Brands, management company for Burger 21.

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