REAL ESTATE

Ruler Foods to open at Champaign Town Center

BY Staff Writer

Champaign, Ill. — Oakbrook Terrace, Ill.-based Mid-America Asset Management said that Kroger Limited Partnership 1 has signed a lease for 20,437 sq. ft. at Champaign Town Center in Champaign, Ill., to open a Ruler Foods discount grocery store in March 2013.

This will be the first Ruler Foods store in Champaign, which will be joining anchors HH Greg and Jo-Ann Fabric and Craft Stores. The grocer is taking space formerly occupied by Old Navy. Ruler Foods offers the sale of Kroger-branded private-label groceries and is owned by Seymor, Ind.-based JayC Food Stores, a wholly owned subsidiary of The Kroger Co.

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REAL ESTATE

Urban Partners announces executive appointments

BY Staff Writer

Los Angeles — Urban Partners announced that real estate veteran John Gunn has rejoined the company as managing director.

The company also announced that Del Morais has been promoted to VP finance, and will direct the finance, accounting and tax departments at both Urban Partners and Harbor Urban.

Resuming his former leadership role, Gunn will be responsible for the planning and development of mixed-use, public/private, and transit-oriented developments in urban locations throughout California.

Gunn’s return and Morais’ promotion follow the arrival of David Walker, newly named managing director, capital markets.

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Overton Ridge welcomes Rally House; Park Tavern leases at City Place

BY Staff Writer

Dallas-Fort Worth — Venture Commercial announced that Park Tavern will open a Fort Worth, Texas, location in downtown City Place Center.

The 8,111-sq.-ft. space will be Park Tavern’s second DFW location. The original location is in the Shops at Park Lane in Dallas.

Venture also announced that sports apparel retailer Rally House Texas has leased a 9,228-sq.-ft. space in the Overton Ridge Shopping Center, located in Fort Worth.

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