REAL ESTATE

Jones Lang LaSalle wins 13 new retail assignments

BY Staff Writer

Atlanta — Jones Lang LaSalle announced it has been chosen for 13 new retail services assignments including property management, leasing and accounting services for a variety of owners throughout the United States.

During the first half of 2011, Jones Lang LaSalle has added 22 new retail assignments totaling more than 5.3 million sq. ft. of space.

The new assignments include Chico Mall (leasing and management), a 505,314-sq.-ft. regional shopping center located just north of Sacramento in Chico, Calif.; StoneCrest at Piper Glen (management), a 419,914-sq.-ft., open-air lifestyle shopping center in Charlotte, N.C.; The Shoppes at Live Oak (leasing and management), an 11,750-sq.-ft. open-air center in Tampa, Fla.; The Shops at Greenridge (management), a 611,369-sq.-ft. power center in Greenville, S.C.; Temecula Town Center (leasing and management), a 550,000-sq.-ft. open air-center located in Temecula, Calif.; The Village at Fairview (leasing), a one million-sq.-ft. mixed-use development located in Fairview, Texas; Toringdon Market (management, a 60,435-sq.-ft., upscale neighborhood shopping center in Charlotte, N.C.; Uptown Village at Cedar Hill (leasing), a 615,000-sq.-ft. master planned development that includes 350,000 sq. ft. of specialty shops and restaurants, located in Cedar Hill, Texas.

Jones Lang LaSalle will also provide accounting services which entails overseeing all accounts receivable and payable, forecasting and budgeting as well as lease accounting services for Fashion Crossing (North Attleborough, Mass.), Marketplace at Hamden (Hamden, Conn.), and Taunton Crossing (Taunton, Mass.). Navy Pier, also chose the firm to provide accounting services to Navy Pier in Chicago.

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REAL ESTATE

Two new restaurant leases signed for Clayton Valley Shopping Center

BY Staff Writer

Concord, Calif. — Jacksonville, Fla.-based Regency Centers said it has leased space to two new restaurant tenants at Clayton Valley Shopping Center, located in Concord, Calif.

Five Guys Burgers and Fries has leased 2,400 sq. ft., and Dickey’s Barbecue Pit will open fall 2011 in a 1,740-sq.-ft. space.

The 260,000-sq.-ft. shopping center is anchored by Orchard Supply Hardware alongside national retailers such as Ross Dress for Less, Fresh & Easy and CVS/pharmacy.

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Baker Katz leases former Hollywood Video space

BY Staff Writer

Kingwood, Texas — Houston-based brokerage firm Baker Katz, an X Team International partner, said Thursday it has leased the former Hollywood Video at 2158 Northpark Drive in Kingwood, Texas, to First Choice Emergency Room.

First Choice Emergency Room plans to adapt the 6,000-sq.-ft. former Hollywood Video by adding a covered ambulance entrance, installing a back-up generator and reconfiguring the interior to accommodate for examination rooms, a waiting area, labs and other medical necessities.

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