REAL ESTATE

SRS signs new associate in Atlanta

BY Michael Fickes

Dallas — SRS Real Estate Partners welcomes Logan Elder as an associate in the Atlanta office. She will focus on tenant representation.

Elder comes to SRS from Post Properties, where she handled management and leasing for multi-family developments retail and restaurant space.

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REAL ESTATE

Fresh Market, Grimaldi’s Pizzeria to WestBend in Fort Worth

BY Michael Fickes

Fort Worth, Texas — The Fresh Market and Grimaldi’s Coal Brick-Oven Pizzeria will open locations at WestBend, a mixed-use development in Fort Worth, Texas, owned by Trademark Property Co.

Scheduled to open in early 2015, The Fresh Market will occupy a 21,000-sq.-ft. space on the site of a former parking garage. Demolition of the garage has been completed, and construction will soon begin on a new 81,150-sq.-ft. building that will house The Fresh Market and a trailside café, with 57,650 sq. ft. of Class A office space above.

In addition, Grimaldi’s Pizzeria will open a 3,950-sq. –ft. restaurant with a large trailside outdoor patio in the early spring of 2015.

Since 1992, Trademark Property Co. has invested in or developed over 10 million sq. ft. of retail and mixed-use assets worth over $1.25 billion.

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Sold: Willow Pass shopping center in Concord, Calif.

BY Michael Fickes

Walnut Creek, Calif. — John Cumbelich & Associates, a San Francisco Bay Area-based commercial real estate firm, has announced the sale of 1280 Willow Pass, a 73,167-sq.-ft. shopping center in Concord, Calif.

X Team International partner, John Cumbelich & Associates, represented both the buyer and the seller in the transaction, which attracted multiple offers.

Cumbelich also represented the seller in securing a 57,000-sq.-ft. lease with Hobby Lobby, which brought the property to 100% occupancy, prior to marketing the shopping center. The new Hobby Lobby will be one of the chain’s first Northern California stores.

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