REAL ESTATE

X Team partner arranges sale of Downtown Pleasant Hill

BY CSA STAFF

Pleasant Hill, Calif. — X Team International said Tuesday that Walnut Creek, Calif.-based partner John Cumbelich & Associates arranged the sale of Downtown Pleasant Hill, a 345,687-sq.-ft. community shopping center in Pleasant Hill, Calif.

Downtown Pleasant Hill is anchored by Century Theatres, Lucky Supermarket, Bed Bath & Beyond, Ross Dress For Less, Michaels and Borders.

The buyer was Walnut Creek-based Loja Group, and the seller was a joint venture between Prudential and Developers Diversified Realty.

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REAL ESTATE

RMC Property names new hire

BY CSA STAFF

Tampa, Fla. — RMC Property Group announced Tuesday it has hired David Gibson as retail services executive specializing in tenant representation.

Gibson previously worked with Equity and Grubb and Ellis.

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REAL ESTATE

Aarron’s Furniture to open at Christina Crossing

BY CSA STAFF

Wilmington, Del. — Philadelphia-based Michael Salove Co., an X Team partner, said Tuesday it has completed a lease transaction with Aarron’s Furniture Rentals at Christina Crossing, located in Wilmington, Del.

Aarron’s will occupy 6,705 sq. ft. and is slated to open March 2011. Existing tenants include Shop Rite, Wine & Spirits, Cricket Wireless, Hibachi Sushi and Supreme Buffet.

Aarron’s Furniture Rentals’ parent company Aaron’s operates about 1,705 company-operated and franchised stores in 48 states and Canada. This is the fourth location for the local franchisee.

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