REAL ESTATE

Nordstrom Rack relocating to Westfield Culver City

BY Staff Writer

Seattle — Nordstrom announced that it plans to relocate its Nordstrom Rack at Promenade at Howard Hughes Center in Los Angeles to Westfield Culver City in Culver City, Calif.

The new 37,675-sq.-ft. store, which expected to open in fall 2013, will sit just across the freeway from its current location and will remain conveniently located off Interstate 405. The relocated store will occupy space on the second level adjacent to the J.C. Penney court, and will feature an interior entrance as well as a new exterior entrance that’s convenient to the center’s main surface parking area.

“Howard Hughes Center has been a terrific home to us since we first opened there in 2001 and we’re thankful for the business,” said Geevy Thomas, president of Nordstrom Rack. “As we look to better serve our customers, it’s important that we continue taking advantage of the best real estate opportunities available and we believe Westfield Culver City will help us create a new and exciting shopping experience for our customers.”

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REAL ESTATE

Exclusive CSA Series: Small retailer, big plans

BY Katherine Boccaccio

New York — Chainstoreage.com has launched an exclusive new series that gives a behind-the-scenes look at the challenges and opportunities encountered by fast-casual brand Pizza Rev – two units and counting – as it looks to expand its brand.

The first part of this Chainstoreage.com real estate exclusive series is online now with part two AND a regular owner’s diary to follow shortly.

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Mid-America signs 8 restaurants in Greater Chicagoland

BY Katherine Boccaccio

Oakbrook Terrace, Ill. — Mid-America Asset Management Inc. said it has signed eight restaurant leases Greater Chicagoland shopping centers that the company represents. The leases total more than 42,000 sq. ft.

For Dempster Plaza in Niles, Ill., Mid-America leased 9,600 sq. ft. to Asia restaurant Niles Buffet, which will open in a former Old Country Buffet space in March 2013. The 180,000-sq.-ft. center is anchored by Home Depot, Portillo’s and Jewel/Osco.

Tilted Kilt Pub & Eatery will open a 7,540-sq.-ft. restaurant at Southport Plaza in Kenosha, Wis. The eatery is slated to open spring 2014 in the 371,704 Kohl’s- and Petco-anchored center.

For Main Street Commons in St. Charles, Ill., Mid-America leased 6,689 sq. ft. to Bulldog Ale House which will open in November in a former Bennigan’s.

Café Lucci opened a 5,362-sq.-ft. Italian restaurant at Deerfield Village Center in Deerfield, Ill. The restaurant, which opened under the name of “Bobby’s” on October 16, took space vacated by Townhouse Kitchen and joins other existing tenants that include Chipotle, Leather Creations, Sprint and Starbucks.

Saffron Restaurant signed a lease for 5,250 sq. ft. at Westmont Village in Westmont, Ill., a western suburb of Chicago. The Indian restaurant plans to open in January 2013. Anchors of the 160,187-sq.-ft. center include Westbrook Market and Walgreens.

Bella Oliva Pizzaria Grille signed a lease for 4,158 sq. ft. at Shoppes of Windmill Place in Batavia, Ill.; the restaurant is slated to open in late 2012 in the 122,176-sq.-ft. Jewel/Osco-anchored center.

Frozen yogurt franchise Menchie’s signed a lease for 2,112 sq. ft. at Town Square in Schaumburg, Ill., with plans to open in spring 2013. The 65,014-sq.-ft. Town Square is anchored by Dominick’s and located adjacent to the Schaumburg Township District Library.

Smashburger signed a lease for 2,011 sq. ft. at LaGrange Crossing in La Grange, Ill., with plans to open in November 2012. The 67,769-sq.-ft. center is anchored by Trader Joe’s, Pier 1 Imports, Walgreens, AT&T and Corner Bakery Café.

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