Jones Lang LaSalle expands retail expertise in Midwest
Indianapolis — Jones Lang LaSalle said that Rebecca Wells has been named EVP in the company’s Indianapolis office, part of its Capital Markets arm.
In her new role, Wells will work closely with Midwest Capital Markets leader and International Director John Huguenard to expand the firm’s platform of services, focusing on retail and office dispositions in the Midwest.
Wells joins Jones Lang LaSalle from national commercial real estate firm Cassidy Turley, where she served as SVP Institutional Sales Group.
Spanish restaurant to open at Suniland Shopping Center
Pinecrest, Fla. — Terranova Corp. said that it has signed a deal with Spanish restaurant chain 100 Montaditos to open a unit at Suniland Shopping Center, in Pinecrest, Fla.
100 Montaditos has signed a lease for 2,500 sq. ft. in Suniland, where it is projected to open in fourth quarter 2013. It is the third deal Terranova has transacted with 100 Montaditos, which it has signed in Coral Gables’ Miracle Mile and in downtown Miami’s Vizcayne, a condo tower with ground-floor retail.
Jones Lang LaSalle brokers sale of Kendall Corners
Miami — Jones Lang LaSalle announced it has closed the sale of Kendall Corners on behalf of joint owners Weingarten Realty Investors and a subsidiary of TIAA-CREF.
Miami-based Orion Ventures purchased the 96,515-sq.-ft. shopping center.