REAL ESTATE

Kite Realty announces new leases

BY Katherine Boccaccio

Cary, N.C. — Indianapolis-based Kite Realty Group announced that Petco has leased 12,500 sq. ft. at Parkside Town Commons, located in Cary, N.C.

As well, Total Wine & More has leased 23,890 sq. ft. at International Speedway Square, in Daytona Beach, Fla.

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REAL ESTATE

Rue21, Jared to open at El Paso retail centers

BY Katherine Boccaccio

El Paso, Texas — Dallas-based Venture Commercial Real Estate said it has negotiated leases for two retailers entering or expanding in the El Paso, Texas, market.

Rue21 has opened a 5,000-sq.-ft. store at El Paseo Marketplace, its fourth location in El Paso.

Jared, The Galleria of Jewelry has signed a lease to open its first El Paso location in a 6,057-sq.-ft. store at The Fountains at Farah, a 600,000-sq.-ft. power lifestyle center currently under construction and opening fall 2013.

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REAL ESTATE

Blink Fitness to open in new Chelsea Development

BY Katherine Boccaccio

New York — Winick Realty Group said that Blink Fitness will open a 15,500-sq.-ft. facility at the base of Chelsea Park, a new residential building located at 260 West 26th St. in New York City.

Blink will have a ground-floor entrance at 308 Eighth Avenue, which will lead down to an expansive lower-level gym. The 12-story building is currently home to 204 luxury rental apartments ranging from studios to two-bedroom units.

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