Towne Centre Plaza acquired by Retail Connection and North American Development
Dallas — The Retail Connection and North American Development Group announced the purchase of Towne Centre Plaza, a 94,109-sq.-ft. property located across from Town East Mall in Mesquite, Texas.
The shopping center was built in 2002 on 8.8 acres and features Bed Bath & Beyond and Best Buy as tenants. The Retail Connection is currently in negotiations for the 23,000-sq.-ft. vacancy in the center with a national tenant, which, when leased will bring the center back to 100% occupancy.
Immediate tenants in the one-mile trade area are Home Depot, Ross, Pier One, Old Navy, PetSmart, Michael’s and Garden Ridge.
SRS hires three new team members
Dallas — SRS Real Estate Partners announced three new hires in brokerage, marketing and research.
Scott Poehler, Alexandra Hilker and Kyle West have joined the SRS teams in Newport Beach, Calif.; Denver, and Orlando, Fla.
Scott Poehler has joined SRS as an associate in the Newport Beach office, coming to SRS from Keller Williams Realty.
Alexandra Hilker is the new marketing coordinator for the Denver office. Prior to SRS, she worked in Paris in public relations, marketing and social media for the retail and fashion industries.
Kyle West has joined as a research consultant in the SRS Orlando office where he will be supporting the Orlando, Tampa and Fort Lauderdale offices.
Jones Lang LaSalle awarded property management of Village of Cross Keys
Baltimore — Jones Lang LaSalle announced Monday that its Retail Group has been selected by Ashkenazy Acquisition Corp. as the property manager of The Village of Cross Keys, a two-level, open-air retail center north of downtown Baltimore.
The Village of Cross Keys is a mixed-use center with 179,000 sq. ft. of office space and an 81,000-sq.-ft. retail center featuring Chico’s, Williams-Sonoma and Talbots, among others. The retail offerings on site are complemented by a 146-room Radisson Hotel, 700 residential units and a large office park.
Currently, Jones Lang LaSalle provides accounting and management services to several million square feet of space on behalf of Ashkenazy, including Faneuil Hall Marketplace in Boston, Union Station in Washington, D.C., and the Rivercenter Mall in San Antonio, Texas.