Marcus & Millichap announces retail exec promotion
Encino, Calif. — Marcus & Millichap Real Estate Investment Services said it has promoted Bill Rose to director of the National Retail Group.
Rose joined Marcus & Millichap’s San Diego office in September 2003 as a retail and multifamily investment specialist. He was promoted to senior associate in September 2006. He rejoined the firm in November 2009 as sales manager of the San Diego office and in November 2010 was named western regional director of the NRG.
McDonald’s to open at The Plazas at Spring Green
Houston — The Vista Cos. and Vista Spring Green, Ltd. announced that McDonald’s USA has signed a 56,000-sq.-ft. ground lease at The Plazas at Spring Green.
Construction on a new 4,800-sq.-ft. McDonald’s restaurant will begin in the coming weeks and is set to open in November.
The Plazas at Spring Green, a Vista Equities Group development, is located in Katy, Texas.
Two new tenants lease retail space at Suncoast Crossing
Brooksville, Fla. — Jacksonville, Fla.-based Regency Centers said it has leased retail space to two new tenants in Brooksville, Fla., at Suncoast Crossing.
Sprint has leased 1,750 sq. ft., and Gia’s Cakes & Goodies has leased 1,400 sq. ft.
Both are slated to open this summer.
The 260,000-sq.-ft. shopping center is anchored by a 142,000-sq.-ft. Target and a 98,000-sq.-ft. Kohl’s alongside national retailers such as Supercuts and McDonald’s.