REAL ESTATE

RMC logged $79.5 million in transactions during 2013

BY Michael Fickes

Tampa, Fla. — RMC Real Estate Services recorded a transaction volume of $79.5 million in 2013, encompassing 1.4 million sq. ft. within its RMC Property Group and RMC Ross Realty divisions. Leasing activity included 279 transactions, encompassing 905,000 sq. ft., valued at a total of $49.1 million. Investment activity closed 20 deals for $30.4 million, spanning 532,000 sq. ft. The $13.9 million sale of Summerfield Crossing in Riverview, Fla., and the $3.5 million sale of the Travelodge Maingate Hotel in Kissimmee highlighted the company’s investment sales, according to a company statement.

Collectively, the company was awarded 53 new exclusive listings totaling approximately 2.1 million sq. ft. and 11 new land listings totaling over 45 acres.

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REAL ESTATE

Dick’s Sporting Goods to Western, Pa.’s Monroeville Mall

BY Michael Fickes

Chattanooga, Tenn. — Dick’s Sporting Goods is moving across the street from the periphery of the Monroeville Mall in Monroeville, Pa., into the mall, according to CBL & Associates Properties, the mall’s owner. The existing Dick’s Sporting Goods will remain open until the new store completes construction. Plans call for a grand opening this summer.

“This redevelopment, as well as the previous addition of the Cinemark Theatre, represents our ongoing commitment to reinvest in the growth of our centers and provide shoppers with a broader range of shopping, dining and entertainment options,” said Stephen Lebovitz, president and chief executive officer, CBL & Associates Properties.

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REAL ESTATE

Four tenants for Park West Village in Morrisville, N.C.

BY Michael Fickes

Morrisville, N.C. — Earth Fare, Pier I Imports, Blackfinn Ameripub and Charming Charlie have inked new leases at Park West Village in Morrisville, N.C., according to the center’s owner, CASTO.

Earth Fare, an organic health foods grocer, will occupy a 25,000 sq. ft. location. Pier I has taken 10,000 sq. ft. and plans to open this summer. Blackfinn Ameripub, a full-service restaurant with a pub has leased about 6,000 sq. ft. With plans to open early this month, Charming Charlie will occupy 6,000 sq. ft.

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