REAL ESTATE

Regency names investment VP in Los Angeles

BY CSA STAFF

Regency Centers said Monday it has appointed John T. Mehigan as VP investments.

Located in the company’s Los Angeles office, Mehigan will be responsible for identifying, evaluating, and structuring profitable retail development opportunities throughout Southern California, said Regency.

Most recently, Mehigan served as senior development manager for Panattoni Development Co.

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REAL ESTATE

Planet Fitness to open at Orlando Fashion Square

BY CSA STAFF

Orlando, Fla. Crossman & Co. said it has negotiated a new 10-year lease for Planet Fitness at Orlando Fashion Square near downtown Orlando, Fla.

Planet Fitness will occupy 18,118 sq. ft. at the mall owned by Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT).

Crossman said the space Planet Fitness leased is the equivalent of five units at Orlando Fashion Square and renovations are now underway on the firm’s 15th Florida location, which is expected to open in mid-December.

Planet Fitness operates more than 300 locations nationwide.

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REAL ESTATE

Divaris appointed to lease and manage Williamsburg Marketcenter

BY CSA STAFF

Williamsburg, Va. Virginia Beach, Va.-based Divaris Real Estate said it has been appointed exclusive leasing agents and Divaris Property Management Corp. has been retained to manage Williamsburg Marketcenter.

The new retail center comprises 120,920 sq. ft. and is anchored by Ross Dress for Less, Petco and Dollar Tree.

Other tenants in Williamsburg Marketcenter include Verizon Wireless, Supercuts, Tropical Smoothie, Quizno’s Subs, UPS Store, and Squires Gourmet. BB&T Bank and Chick-Fil-A occupy outparcel space.

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