REAL ESTATE

Planet Fitness leases Paterson, N.J., lease

BY Michael Fickes

Paterson, N.J. — Planet Fitness will open an 18,000-sq.-ft. facility at 100 Hamilton Plaza in Paterson, New Jersey, the facility will occupy the first-floor retail space in the 175,000-sq.-ft. downtown office tower.

Cushman & Wakefield’s East Rutherford, N.J., office represented the building’s owner, Mountain Development Corp. in the transaction. Ripco Real Estate represented the Planet Fitness franchisee, who operates several other regional locations.

Previously occupied by TD Bank, the space was marketed as a 12,200-sq.-ft. availability. While Planet Fitness was attracted to the building, it needed a larger footprint. Cushman & Wakefield worked with Mountain Development Corp. to expand the square footage. By incorporating hallways and surplus storage space, they added 6,000 sq. ft. and satisfied Planet Fitness’s requirements.

The Planet Fitness space currently is under renovation. The health club is expected to open this summer.

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REAL ESTATE

Kurt Webb is new GM at The Shops at Mission Viejo

BY Michael Fickes

Mission Viejo, Calif. — The Shops at Mission Viejo, a Simon Property Group property in Mission Viejo, California, has welcomed Kurt Webb as the new general manager. Webb began working with the center in mid-April and recently relocated to the region. He came on full time as of June 1.

Webb will be responsible for local leasing, tenant relations, building operations, security and marketing efforts. Additionally, he will act as a key liaison for various community and strategic organizations.

Webb has been with Simon Property Group for more than four years, and most recently served as general manager position at Tacoma Mall in Washington for a year and a half. He previously worked as general manager at Midland Park Mall in Texas. He also held management positions at The Domain and Lake Square Mall.

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REAL ESTATE

Casto completes Sawmill Square redevelopment

BY Michael Fickes

Columbus, Ohio — Casto has completed the redevelopment of Sawmill Square shopping center in the Dublin/NW Columbus area of Central Ohio. The redevelopment included the opening of a new Wal-Mart Supercenter.

The center has also added a McAlister’s Deli, the first in Central Ohio. McAlister will join other new tenants, Sally Beauty and GameStop, as well as the existing line-up of retailers including Z Salon, The UPS Store, Thai Orchid, Huntington Bank, Skyline Chili, Burger King, Goodyear and PNC.

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