REAL ESTATE

Panera Bread to open at Ocala Corners

BY CSA STAFF

Tallahassee, Fla. Jacksonville, Fla.-based Regency Centers said it has leased a 3,600-sq.-ft. space at Ocala Corners to Panera Bread.

The new store is slated to open this summer.

Ocala Corners is anchored by Publix, alongside Gamestop, Supercuts, Tropical Smoothie Cafe, Planet Beach and Plato’s Closet.

 

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REAL ESTATE

Planet Fitness to open at Euclid Shopping Center

BY CSA STAFF

Anaheim, Calif. Tustin, Calif.-based Coreland Cos. said Friday that it has negotiated two leases in Southern California for a total value of more than $3 million. In the City of Anaheim, Coreland negotiated a 20,362-sq.-ft., 10-year retail lease with Planet Fitness, a franchise-driven health club, at Euclid Shopping Center.

The lease transaction, which is valued at approximately $2 million, brings the 206,100-sq.-ft. community center to 100% occupancy.

Planet Fitness is slated to open in June.

In addition, Coreland negotiated a 7,193-sq.-ft., 72-month lease with Phoenix Group Information Systems at the Main Street Town Center in Santa Ana.

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REAL ESTATE

Jones Lang LaSalle closes sale of Greenbriar Mall

BY CSA STAFF

Atlanta Jones Lang LaSalle announced it has closed the sale of the Greenbriar Mall in southwest Atlanta for Hendon Properties, LLC. A foreign investor purchased the 807,697-sq.-ft. mall.

According to JLL, the new owners plan to make significant capital improvements in the near term on the property. It is one of Atlanta’s first enclosed malls and the location of the nation’s first Chick-fil-A to be located in an enclosed mall.

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