O’Connor Capital and Real Vest close on two shopping center deals
Boston — O’Connor/Real Vest Retail Holding Co., LLC, a partnership formed by O’Connor Capital Partners and Wafra Investment Advisory Group, have teamed with The Wilder Cos. to complete transactions that include the purchase of Milford Marketplace in Milford, Conn., and the acquisition of the ownership interest in Phase I of Settlers Ridge in Pittsburgh.
The centers were developed and managed by Chattanooga, Tenn.-based CBL Properties.
Milford Marketplace is a 112,000-sq.-ft. open-air center anchored by Whole Foods Market and featuring Loft, Banana Republic, Chico’s, Coldwater Creek, and J. Jill.
Phase I of Settlers Ridge is a 400,000-sq.-ft. regional shopping center in Robinson Township, part of the Pittsburgh trade area. Settlers Ridge features a 150,000-sq.-ft. Giant Eagle Market District, REI, LA Fitness, Barnes & Noble, a 16-screen Cinemark theater and P.F. Chang’s. The center also features a Courtyard by Marriott.
The Wilder Cos. has assumed management and leasing of the two centers.
Charming Charlie’s makes Massachusetts debut
Foxborough, Mass. — Houston-based women’s fashion accessories retailer Charming Charlie said it has opened its first Massachusetts location at Patriot Place in Foxborough, Mass.
The 9,000-sq.-ft. store, located in Patriot Place’s North Marketplace, is Charming Charlie’s entrée into the Northeast.
“We are very excited to be opening at Patriot Place,” said Patty Fadhouli, director of marketing for Charming Charlie. “We’ve received so many requests from Charming Charlie fans for a store in Massachusetts and we’re very happy to be able to satisfy that request.”
Patriot Place, located adjacent to Gillette Stadium in Foxborough, features large and boutique retailers, 16 casual to high-end restaurants and other nightlife venues. Among the highlights of Patriot Place are the Northeast’s only Bass Pro Shops, a Showcase Cinema De Lux, a Showcase Live concert venue, a CBS Scene Restaurant & Bar, the Hall at Patriot Place presented by Raytheon, a Brigham & Women’s/Mass General Health Care Facility and the four-star Renaissance Hotel & Spa at Patriot Place.
Stir Crazy Asian Grill to open at Shops of Southlake
Southlake, Texas — Flat Out Crazy Restaurant Group said it has leased 6,012 sq. ft. of space in Shops of Southlake, a specialty shopping center located in Southlake, Texas, for its Stir Crazy Fresh Asian Grill concept.
This will be the second location to open in Texas.
The Commercial Retail Division of The Weitzman Group handled negotiations as exclusive retail leasing agents for Shops of Southlake.
Stir Crazy joins a tenant lineup that includes Central Market, Nordstrom Rack, DSW, Pier 1, Learning Express, Coal Vines and many more. Shops of Southlake is managed by Cencor Realty Services.