REAL ESTATE

Urban Retail to manage four regional malls

BY Staff Writer

Chicago — Urban Retail Properties, LLC said it has been awarded the contract by Garrison Investment Group to provide management and leasing services for four regional shopping centers, effective immediately.

Urban will assume third-party responsibilities for Chapel Hills Mall (Colorado Springs, Colo.), Central Mall (Salina, Kan.), Decatur Mall (Decatur, Ala.) and Lakeshore Mall (Gainesville, Ga.).

Chapel Hills Mall is a 1.2-million-sq.-ft. property featuring more than 100 stores, restaurants, a 15-screen theater and six department stores.

Central Mall is a single-level, 486,444-sq.-ft. enclosed regional mall anchored by Dillard’s, J.C. Penney and Sears.

Decatur Mall is a single-level, 575,923-sq.-ft. enclosed regional mall anchored by Belk, Sears and J.C. Penney Outlet, along with an eight-screen Regal Cinemas and 50 specialty shops and restaurants.

Lakeshore Mall, a single-level 517,153-sq.-ft. enclosed regional mall is anchored by Belk, Sears and J.C. Penney.

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REAL ESTATE

LaVida Massage opens new California center, names master franchisee

BY Staff Writer

Placentia, Calif. — LaVida Massage, a Commerce, Mich.-based massage and wellness center, announced the opening of a new LaVida location in California, as well as the addition of a new master franchisee in southern California.

The new 3,700-sq.-ft. center, located in Placentia, is slated to open Sept. 19.

New master franchisee Deby Goodman will own and manage the newest store, as well as will be responsible for building new LaVida operations specific to the southern California market.

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REAL ESTATE

Panda Express to open at Santa Paula Shopping Center

BY Staff Writer

Santa Paula, Calif. — Centro Properties Group US announced a 2,000-sq.-ft. lease has been executed with Panda Express at Santa Paula Shopping Center, located in Santa Paula, Calif.

Centro Properties Group, based in New York City, is the owner of Santa Paula Shopping Center.

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