REAL ESTATE

Kroger-anchored Lynnwood Place changes hands

BY Katherine Boccaccio

Jackson, Tenn. — Transwestern announced that it brokered the disposition of Lynnwood Place, a 96,666-sq.-ft. shopping center in Jackson, Tennessee. The seller was Columbia, South Carolina-based Edens, and the buyer of the Kroger-anchored retail center was Phillips Edison & Company.

Completed in 1986, Lynnwood Place encompasses 11.73 acres and is 89% eased to retailers including Kroger, Charter Communications Inc., Cato Fashions and Youfit Health Clubs.

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REAL ESTATE

Baker Katz completes Dave & Buster’s lease in Houston

BY Katherine Boccaccio

Houston — Baker Katz, an X Team International partner, announced that it has completed the lease of a 40,000-sq.-ft. Dave & Buster’s in Houston.

Located in the Baybrook Mall expansion project, this will be the third Dave & Buster’s location to open in the Houston area.

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REAL ESTATE

PetSmart to open at Dadeland Station

BY Katherine Boccaccio

Miami — Berkowitz Development Group announced the signing of a new long-term lease with PetSmart for 14,252 sq. ft. at Dadeland Station, a 330,000-sq.-ft. shopping center located at 8312 S Dixie Highway in Miami.

The new PetSmart store, which will include an on-site, full-service Banfield Pet Hospital, is slated to open during fourth quarter 2014.

Current tenants include Target, Michael’s, Bed Bath & Beyond, The Sport’s Authority and Best Buy.

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