REAL ESTATE

Westwood Financial acquires Stroh Ranch Retail Center

BY Staff Writer

Parker, Colo. — Westwood Financial Corp. said it has acquired the Stroh Ranch Retail Center, a 6,336-sq.-ft. property in Parker, Colo., outside Denver. Westwood Financial bought the distressed asset in a short sale and said it is currently eyeing similar opportunities in this sector.

The two-unit, 1999-built Stroh Ranch Retail Center currently counts Pizza Hut as its only tenant after Blockbuster vacated last year, leaving it 21% leased.

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REAL ESTATE

Just Fitness to open in Spring Creek Village

BY Staff Writer

Dallas — The Commercial Retail Division of The Weitzman Group said that Just Fitness 4 U has leased 18,900 sq. ft. of anchor space in Spring Creek Village for the chain’s sixth Dallas-Fort Worth location.

Just Fitness 4 U, which currently operates locations in Dallas, Carrollton, Mesquite, Plano and Hurst, also operates in several national markets, including Atlanta and Salt Lake City. The Weitzman Group is representing the fitness chain on its Dallas-Ft. Worth expansion.

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Skechers to open at Burbank Station

BY Staff Writer

Chicago — Oakbrook Terrace, Ill.-based Mid-America Asset Management Inc. said that Skechers recently signed a lease for 8,690 sq. ft. at Burbank Station in Chicago’s west suburbs.

The new store is slated to open in the fall.

Burbank Station is a 303,566-sq.-ft. suburban retail center anchored by Food 4 Less, Sports Authority, Babies “R” Us, Office Max, PetSmart and HomeGoods.

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