REAL ESTATE

RadioShack brings on new VP – communications

BY Michael Fickes

Fort Worth, Texas — RadioShack Corp. has announced the appointment of Merianne Roth to the new post of VP – communications. She will manage the company’s corporate communications, community relations, internal communications and event marketing.

Roth comes to RadioShack from the Fort Worth Convention and Visitors Bureau, where she served as VP, marketing and communications. Her experience includes marketing and communications posts with J.C. Penney and Pier 1 Imports.

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REAL ESTATE

Sold: Danada Square East in Chicago MSA

BY Michael Fickes

Oakbrook Terrace, Ill. — Mid-America Real Estate Corp. has brokered the sale of Danada Square East, a 202,036-sq.-ft. grocery anchored shopping center in the Chicago suburb of Wheaton, Ill. Dominick’s anchors the center.

Newport Capital Fund I purchased the property for $31,625,000 from CBRE Global Investors.

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REAL ESTATE

Stater Bros. will acquire Moreno Valley Albertsons

BY Michael Fickes

San Bernardino, Calif. — Stater Bros. has announced an agreement to purchase the recently closed Albertsons in Moreno Valley, Calif.

The 43,670-sq.-ft. supermarket will be the fourth location for Stater Bros. in Moreno Valley.

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