REAL ESTATE

Peter Chang’s to Virginia Beach center

BY Michael Fickes

Virginia Beach, Va. — Peter Chang’s Chinese Bistro has leased a 6,030-sq.-ft. restaurant space at Landstown Commons in Virginia Beach, Va. Divaris Real Estate represented the landlord, Inland Diversified Real Estate, in the transaction. This will be Peter Chang’s sixth location in the region.

Divaris Real Estate is a member of Realty Resources, a national group of independent retail property brokers and managers, covering 91 major markets throughout the U.S. DRE is also the Virginia affiliate for The CORE Network, a national group of office and industrial brokers with affiliates throughout the U.S., Canada, Mexico, Asia and Europe. These organizations represent corporate and institutional clients, tenants and buyers in all aspects of leasing, development, management, sales and acquisitions.

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REAL ESTATE

Retro Fitness and Chipotle sign at West Orange Plaza

BY Michael Fickes

West Orange, N.J. — Retro Fitness and Chipotle have signed long-term leases at West Orange Plaza in West Orange, N.J., according to Levin Management, which represented the landlord in the transaction.

Retro Fitness took 14,115 sq. ft. and was represented by Katz & Associates. Represented by Winick Realty Group, Chipotle leased 2,557 sq. ft.

Anchored by Whole Foods, West Orange Plaza encompasses 283,791-sq. ft. and serves a full-time population of more than 500,000 people within a five-mile radius. The area boasts a median household income of $63,500. Daily traffic count at the mall totals more than 60,600 vehicles.

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REAL ESTATE

Four new tenants sign into Glen Town Center

BY Michael Fickes

Chicago — Four new tenants have joined the Glen Town Center in Glenview, Ill., according to CBRE, the broker in the transaction.

Fast-casual burger chain MOOYAH made the center its 60th location in a roll-out with the goal of 100 restaurants by 2014. Pinot’s Palette, a national paint and sip franchise, is opening its third Illinois location and 48th overall. Mingle Juice is the third new tenant. Finally, The Curragh Tradition Irish Pub will make Glen Town Center its fourth location.

The four new tenants join recent new tenants Ella Louvi, and Stella 315 which are both women’s apparel boutiques.

The Glen Town Center is a 469,000-sq.-ft. pedestrian friendly upscale center anchored by Von Maur, Regal Cinemas and Dick’s Sporting Goods.

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