Mid-America brokers four leases across Illinios
Oakbrook Terrace, Ill. — Mid-America Asset Management Inc. has announced four retail leases with retailers planning to open in the spring. Mid-America represented the landlord in each transaction.
DSW has taken 11,833 sq. ft. in Oakland Place, a 155,730-sq.-ft. center in DeKalb, Ill. Michaels and T.J.Maxx anchor the center. A Super Target shadow anchors. Tartan Realty Group represented DSW.
Hinsdale Orthopedics signed a lease for 8,062 sq. ft. at Garden Market, a 141,072-sq.-ft. center in Western Springs, Ill. Mariano’s, Walgreens, and Tuesday Morning anchor the center. Jones Lang LaSalle represented the tenant.
Orange Theory Fitness inked a deal for 2,942 sq. ft. at Rice Lake Square in Wheaton, Ill. Whole Foods Market, Stein Mart and Sports Authority anchor the 251,362-sq.-ft. center. Lagestee-Mulder Inc. represented the tenant.
Happiness is Pets will move into a 2,379-sq.-ft. location at Naperville Crossings in Naperville, Ill. The tenant line up includes anchor AMC Theatres, Biaggi’s, Panera Bread, Potbelly, Johnny Rockets and Starbucks. The tenant handled negotiations on its own behalf.
Combined names director of acquisitions
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Washington, D.C. — Combined Properties has appointed Gary Scott senior director of acquisitions. He will lead Combined’s efforts to acquire core and core-plus retail and multifamily properties in both of the firm’s primary markets: Southern California and the Washington, D.C., region. He will also dispose of selected assets it the company’s portfolio. In addition, he will seek out prospective value-added properties on both coasts.
Scott brings more than 20 years of commercial real estate experience to the firm, most recently with Weingarten Realty Investors, where he served as regional director of acquisitions for the Western United States. In that capacity, he sourced and closed transactions representing approximately 1.5 million sq. ft. at a total value in excess of $300 million.
Bridal Collection to Fairways Plaza, Centennial, Colo.
Denver — The Bridal Collection has leased an 18,030-sq.-ft. location at Fairways Plaza in Centennial, Colo. Fairways is a 121,256-sq.-ft. neighborhood center.
Transwestern represented the landlord, LNR Partners, in the transaction.
The bridal boutique has planned a May opening.