REAL ESTATE

Winick Realty Group NJ leases a pair of Jersey Mike’s locations in Bergen County, New Jersey

BY Katherine Boccaccio

New York — QSR sandwichchain Jersey Mike’s signed leases for two locations in Bergen County, New Jersey. Winick Realty Group NJ’s Gary Krauss acted as the brand’s exclusive broker in both transactions as Jersey Mike’s continues its aggressive expansion within its home state.

The sandwich shop leased 1,736 sq. ft. at 557 North Franklin Turnpike in Ramsey, New Jersey. The site, which formerly housed a TCBY, is expected to open by early September.

Jersey Mike’s also secured a location in Northvale, New Jersey, leasing 1,750 sq. ft. at 246 Livingston Street. The store sits in a newly constructed shopping center anchored by Shop Rite.

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REAL ESTATE

Kroger-anchored Lynnwood Place changes hands

BY Katherine Boccaccio

Jackson, Tenn. — Transwestern announced that it brokered the disposition of Lynnwood Place, a 96,666-sq.-ft. shopping center in Jackson, Tennessee. The seller was Columbia, South Carolina-based Edens, and the buyer of the Kroger-anchored retail center was Phillips Edison & Company.

Completed in 1986, Lynnwood Place encompasses 11.73 acres and is 89% eased to retailers including Kroger, Charter Communications Inc., Cato Fashions and Youfit Health Clubs.

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REAL ESTATE

Baker Katz completes Dave & Buster’s lease in Houston

BY Katherine Boccaccio

Houston — Baker Katz, an X Team International partner, announced that it has completed the lease of a 40,000-sq.-ft. Dave & Buster’s in Houston.

Located in the Baybrook Mall expansion project, this will be the third Dave & Buster’s location to open in the Houston area.

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