REAL ESTATE

Present Value Properties negotiates six Menchie’s leases in California

BY Staff Writer

Tustin, Calif. — Present Value Properties said it has represented Menchie’s in six California lease transactions for the frozen yogurt purveyor.

A Menchie’s franchisee signed a five-year lease for 1,637 sq. ft. in Orange, in a center anchored by Petco and Michaels. Menchie’s will open in first quarter 2012.

In Whittier, Menchie’s will open a 1,250-sq.-ft. shop at Santa Fe Springs Plaza in early 2012. The center is anchored by Food For Less, and is currently undergoing a remodel.

In Torrance, Menchie’s will open a 1,572-sq.-ft. shop in late November at Rolling Hills Plaza, a 400,000-sq.-ft. community center anchored by Whole Foods, Bed Bath & Beyond, BevMo!, Trader Joe’s and AMC Theatres.

In Downey, Menchie’s opened a 1,500-sq.-ft. shop at Downey Landing, a 376,000-sq.-ft. community center anchored by Ross, Marshalls, Best Buy, Old Navy, Staples, Bed Bath & Beyond, DSW, CVS, Elephant Bar, and Chili’s.

In El Cajon, Menchie’s opened a 1,582-sq.-ft. location in a freestanding building at 1170 E. Main Street. And in Brentwood, Menchie’s will open a 1,500-sq.-ft. shop at Sand Creek Crossing in early 2012.

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REAL ESTATE

Motherhood Maternity opens at Waterford Commons

BY Staff Writer

Waterford, Conn. — Brixmor Property Group said that Motherhood Maternity has opened a 1,500-sq.-ft. store at Waterford Commons, located in Waterford, Conn.

Brixmor, based in New York City, owns Waterford Commons.

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REAL ESTATE

Platypus to open at the Streets of Chester

BY Staff Writer

Woodbridge, N.J. — Fameco Real Estate announced that Platypus Custom Home Furnishings has signed a 5,005-sq.-ft. lease at the Streets of Chester, in Chester, N.J.

The Streets of Chester is a 104,682-sq.-ft. lifestyle center tenanted by Chico’s, White House Black Market, Coldwater Creek and the Gap.

This newest location is Platypus’s fifth.

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