REAL ESTATE

New retail leases signed Murrayhill Marketplace

BY CSA STAFF

Beaverton, Ore. Jacksonville, Fla.-based Regency Centers said it has leased retail space in Beaverton, Ore., to three new tenants at Murrayhill Marketplace and Murrayhill Professional Suites.

Rebound Massage Therapy has leased 1,530 sq. ft. and is slated to open in January 2011. Edwards Realty Group, a real estate office, has leased 688 sq. ft. and has opened for business; and Robyn’s Nest Property Management has subleased 2,499 sq. ft. and has opened for business.

The 148,966-sq.-ft. Murrayhill Marketplace is anchored by Safeway.

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REAL ESTATE

Denny’s to open fast-casual format

BY CSA STAFF

New York City Denny’s Corp. will debut its new fast-casual concept, Denny’s Cafe, on Nov. 3, in Orange, Calif.

The 3,000-sq.-ft. format is designed to offer a smaller version of the traditional Denny’s experience, with a more streamlined menu, counter service ordering, and a smaller real estate footprint that allows for easier entrance into urban markets.

“Denny’s Cafe was designed as a real estate solution to fit locations where we otherwise can’t get to with our traditional brand,” said David Demers, director of development projects and services for Denny’s Corp., Spartanburg, S.C., in a report on NRN.com. “After doing some real-estate analysis, we found there were up to 700 locations — in densely suburban and urban locations that we could get into with this fast-casual concept.”

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REAL ESTATE

Design Within Reach moving headquarters to Connecticut

BY CSA STAFF

Stamford, Conn. Design Within Reach is moving its headquarters to Connecticut. DWR, which specializes in modern furniture and accessories, will relocate its headquarters from San Francisco to Harbor Point in Stamford, Conn.

As part of the plan, an existing building will be retrofitted for offices and a Design Within Reach Studio. The $5 million project will bring 65 full-time jobs to the area.

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